Ethereum

2024 - 2 - 29

Ethereum Soars to $3300: Can It Reach New Heights This Weekend?

Blockchain - Crypto Market - Cryptocurrency - Ethereum

Ethereum's price surge and market movements are causing a buzz in the world of cryptocurrencies! Find out more about ETH's journey to $3300 and beyond.

Ethereum, the popular cryptocurrency, is making waves in the market as its price recently surpassed $3300. The transition from the proof-of-work to the proof-of-stake model on September 15, 2022, has significantly impacted Ethereum's performance. With the price climbing to a multi-month high above $3400, ETH seems to be gearing up for another bullish run, akin to Bitcoin. Traders are eyeing a $4000 price target as the market data indicates a surge in ETH funding rates, hinting at potential extreme volatility in the near future.

Coinbase, a leading U.S. crypto exchange, has introduced two new software programs to support Ethereum staking. This move aims to enhance the staking experience for users and further solidify Ethereum's position in the crypto space. Despite challenges like the recent flash crash to $3180, Ethereum's price resilience and positive trading trends suggest a bright outlook for the cryptocurrency in the upcoming months.

On the flip side, the Shido token, a significant player in the Ethereum space, experienced a massive 90% drop in value due to a staking contract exploit. The security breach on Shido's layer-1 blockchain resulted in billions of tokens being stolen, causing panic among investors. This incident serves as a reminder of the importance of robust cybersecurity measures in the crypto world.

In conclusion, Ethereum's upward momentum and market developments indicate a bullish outlook for the cryptocurrency in the short term. With price targets set at $4000 and beyond, ETH continues to attract traders and investors looking to capitalize on its potential. As the crypto market evolves, staying informed about the latest trends and advancements in Ethereum is crucial for navigating the dynamic landscape.

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Image courtesy of "Watcher Guru"

Ethereum Hits $3300: How High Can ETH Go This Weekend? (Watcher Guru)

The Ethereum network underwent a dramatic transition from the proof-of-work mining model to the proof-of-stake model on September 15, 2022.

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Image courtesy of "newsbtc.com"

Ethereum Price Prepares To Go On Another Bullish Spree, Key ... (newsbtc.com)

Ethereum price climbed to a new multi-month high above $3400. ETH is consolidating like Bitcoin and seems to be setting up for another bullish spree.

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Image courtesy of "FX Empire"

Ethereum Traders Eye $4000 Price Target as Markets Overheat (FX Empire)

Ethereum market data shows that the latest price upswing has saw ETH funding rates surge 40% above 2021 peaks, rasing the risk of extreme volatility.

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Image courtesy of "Coindesk"

Coinbase Adds 2 Software Programs for Ethereum Staking, to ... (Coindesk)

The publicly traded U.S. crypto exchange said it would add support for the additional Ethereum "clients" โ€“ computer programs used to access and run the ...

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Image courtesy of "West Island Blog"

Ethereum Breaks $3000, Eyes $4000 Amid Bullish Predictions (West Island Blog)

Ethereum, the second-most valuable cryptocurrency in the market, has eclipsed a significant financial threshold, breaching the $3,000 resistance level for ...

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Image courtesy of "Cointelegraph"

Was the ETH price flash crash to $3180 triggered by excessive ... (Cointelegraph)

The Ethereum flash crash was certainly related to leverage, but the funding rate is not necessarily an impending risk.

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Image courtesy of "Coinpedia"

Ethereum (ETH) Price To Surge More Than 30% in March With ... (Coinpedia)

On the other hand, the leader in altcoins, Ethereum price, continues to trade positively, indicating a massive bullpower in the cryptocurrency market. Further, ...

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Image courtesy of "FXTM"

Ethereum bulls charge past $3300 level (FXTM)

Ethereum jumped to a fresh 22-month high on Wednesday thanks to the growing bullish market sentiment in the crypto space.

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Image courtesy of "crypto.news"

Shido token dives over 90% after Ethereum staking contract exploit (crypto.news)

A security breach on the layer-1 blockchain Shido has led to a dramatic drop in its token value, plunging by over 90% within a mere half-hour period.

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Image courtesy of "Cointelegraph"

Shido token plummets 94% as exploiter drains Ethereum staking ... (Cointelegraph)

Shido's token price dropped by over 90% after an exploiter gained access to Shido's new staking contract and stole billions of tokens.

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Image courtesy of "West Island Blog"

Ethereum Hits New Highs Surpassing $3400 Mark (West Island Blog)

In a decisive continuation of its upward trajectory, Ethereum's valuations surged, reaching a whopping new multi-month zenith just above the elusive $3,400 ...

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Image courtesy of "U.Today"

Ethereum (ETH) at $4000 Isn't Far Away: When Should We Expect It? (U.Today)

Ethereum continues its impressive surge, and questioning the longevity of the current euphoric rally makes total sense. With the cryptocurrency recently ...

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Image courtesy of "InvestorsObserver"

Is Ethereum (ETH) Trending Lower or Higher Wednesday? (InvestorsObserver)

Ethereum receives a strong long-term technical score of 91 from InvestorsObserver's research based on historical trading patte.

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Image courtesy of "Analytics Insight"

Ethereum Price Hits $3400, Rises 5% as Smart Contracts Grow (Analytics Insight)

Ethereum's price soars to $3400, up 5%, driven by smart contract growth, signaling bullish momentum in the cryptocurrency market.

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Image courtesy of "Blockworks"

Cheatsheet: Ethereum staking at record high, exchange balances at ... (Blockworks)

Ethereum users have boosted their collective stake in the blockchain over the past month, even as prices spike.

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Image courtesy of "crypto.news"

Ethereum Price Predicted to Reach $4000 in March 2024 (crypto.news)

Ethereum on-chain analysis examines key February market trends that put ETH in vantage positions for another bullish price performance in March.

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Image courtesy of "Yahoo Finance"

Coinbase Adds 2 Software Programs for Ethereum Staking, to ... (Yahoo Finance)

The publicly traded U.S. crypto exchange said it would add support for the additional Ethereum "clients" โ€“ computer programs used to access and run the ...

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Image courtesy of "U.Today"

Ethereum (ETH) Whale Nets Over $100 Million in Profits Amid Price ... (U.Today)

An Ethereum (ETH) whale, identified by the wallet address 0x7a9, has accrued over $100 million in unrealized profits following a recent bullish rally in the ...

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Image courtesy of "CryptoPotato"

Ethereum Tests $3.5K as Traders Set Higher Targets (ETH Price ... (CryptoPotato)

Ethereum's price has encountered intensified buying activity, driving a significant surge towards a pivotal resistance zone, notably the previous major.

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Image courtesy of "U.Today"

Ethereum Developer Reveals Surprising Wish as ETH Network ... (U.Today)

Ethereum, the second-largest cryptocurrency by market capitalization and the most popular blockchain platform for smart contracts and decentralized apps, ...

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Image courtesy of "CCN.com"

Ethereum Price Could Follow Bitcoin Rise and Hit $4000 (CCN.com)

As the price of Bitcoin gets close to its all-time high, the general crypto market is in a buying frenzy. Recently, the number two crypto, Ethereum (ETH), ...

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Image courtesy of "Blockworks"

Ethereum devs debate future of account abstraction (Blockworks)

Ethereum co-founder Vitalik Buterin kicked off Thursday's core developer call by calling for โ€œlong-term goal alignment.โ€

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