Summary: In 2016, a $2,000 investment in Ethereum Classic grew to $300,000, inspiring many. Now, BlockDAG, with its scalable, eco-friendly design, is emerging as a potential new wealth generator, drawing comparisons to the early success of Ethereum Classic.

• Sentiment: 0.8
• Crypto News Flash @ 2024-08-29 15:00:57 EDT Read More

Summary: In 2014, a housewife invested $500 in Ethereum during its ICO. By 2021, her investment grew to $1.6 million. BlockDAG now offers a similar opportunity, with a low entry price and potential for significant gains, akin to early Ethereum.

• Sentiment: 0.85
• Crypto Reporter @ 2024-08-29 19:56:13 EDT Read More

Summary: A Texas homemaker turned $10 into $260,000 through Ethereum, showcasing its investment potential. BlockDAG, a new cryptocurrency with a $68.5 million presale, offers a promising alternative for investors seeking high returns similar to early Ethereum successes.

• Sentiment: 0.8
• Analytics Insight @ 2024-08-29 20:00:09 EDT Read More

Summary: Cboe files amended applications to list Bitcoin and Ethereum options on US exchanges, aiming to expand crypto ETF trading opportunities.

• Sentiment: 0.0
• Cointelegraph @ 2024-08-29 12:57:11 EDT Read More

Summary: The Chicago Board Options Exchange (Cboe) has submitted revised applications to the Securities and Exchange Commission (SEC) ...

• Sentiment: 0.0
• cryptopolitan @ 2024-08-29 17:00:08 EDT Read More

Summary: The US-based Cboe Exchange has filed an amended application to list options on Bitcoin and Ether ETFs, aiming to classify them as suitable for options trading alongside commodities-based ETFs. This move follows regulatory feedback and Nasdaq’s recent Bitcoin options announcement.

• Sentiment: 0.3
• financefeeds @ 2024-08-29 17:18:24 EDT Read More

Summary: Ethereum (ETH) is poised for significant growth, with predictions suggesting it could reach $11,000 to $15,000 by 2025. Meanwhile, Mpeppe (MPEPE), a new Ethereum-based token, is gaining traction in the casino sector, offering potential high returns for early investors.

• Sentiment: 0.8
• Bitcoinist @ 2024-08-29 11:42:33 EDT Read More

Summary: Mpeppe (MPEPE), an ICO on the Ethereum (ETH) network, is gaining significant traction, with its presale nearing 85% completion. The project's success is driven by strong investor interest and endorsement from Ethereum (ETH) whales, signaling a promising future in decentralized finance.

• Sentiment: 0.9
• Bitcoinist @ 2024-08-29 12:01:29 EDT Read More

Summary: The Mpeppe (MPEPE) ICO, built on the Ethereum (ETH) blockchain, is gaining significant attention from Ethereum (ETH) investors due to its low entry price and high potential rewards. This new project leverages Ethereum (ETH)'s technology and is poised for substantial growth.

• Sentiment: 0.9
• Bitcoinist @ 2024-08-29 11:58:18 EDT Read More

Summary: Ethereum (ETH) investors are increasingly interested in Mpeppe (MPEPE), a new meme coin with a low entry price and high growth potential. Mpeppe’s presale success and innovative approach, combining DeFi with meme culture, make it a promising investment opportunity.

• Sentiment: 0.78
• Bitcoinist @ 2024-08-29 11:55:46 EDT Read More

Summary: In August 2024, Bitget's Proof-of-Reserves update showed a 22% increase in users' ETH assets, marking the highest growth rate for ETH this year. The platform's overall reserve ratio rose to 176%, reflecting strong growth in major assets.

• Sentiment: 0.9
• Medianet.com.au @ 2024-08-29 09:40:48 EDT Read More

Summary: In August 2024, Bitget’s Proof-of-Reserves data revealed a 22% increase in user assets for Ethereum (ETH), the highest growth rate this year, with a reserve ratio of 152%. This reflects significant user confidence and heightened interest in ETH.

• Sentiment: 0.8
• Australian Associated Press @ 2024-08-29 10:00:08 EDT Read More

Summary: RCO Finance’s Ethereum token, RCOF, is gaining attention for its potential to surge 1,366% due to its innovative AI-powered robo advisor and its role as a governance and transactional token within the RCO Finance ecosystem.

• Sentiment: 0.1
• Bitcoinist @ 2024-08-29 08:00:07 EDT Read More

Summary: A veteran trader suggests that ETFSwap (ETFS), an Ethereum (ETH) token, shows similar buying signals to Shiba Inu (SHIB) in 2021. ETFSwap is gaining significant interest due to its unique value and potential for a massive price surge.

• Sentiment: 0.8
• Finbold @ 2024-08-29 08:00:00 EDT Read More

Summary: Dogecoin, Shiba Inu, and PEPE whales are heavily investing in ETFSwap (ETFS), an ICO built on the Ethereum blockchain. ETFSwap's innovative crypto ETF trading platform, with decentralized infrastructure and advanced tools, is attracting significant early interest.

• Sentiment: 0.8
• NullTX @ 2024-08-29 09:55:45 EDT Read More

Summary: Crypto analyst Benjamin Cowen warns that Solana (SOL) could experience a significant sell-off similar to altcoins in 2019 if current market patterns persist. Despite outperforming Bitcoin in 2023, SOL is still below its all-time high and could decline further.

• Sentiment: -0.6
• The Daily Hodl @ 2024-08-29 07:46:07 EDT Read More

Summary: Ethereum tokens, including RCO Finance (RCOF), are anticipated to benefit from a predicted Bitcoin surge. RCOF, currently in presale, has seen significant price increases and is expected to outperform many other tokens if Bitcoin experiences a bullish market rally.

• Sentiment: 0.67
• Coinpedia @ 2024-08-29 08:57:01 EDT Read More

Summary: Despite Bitcoin’s record highs and the approval of Bitcoin spot ETFs driving significant inflows, altcoins have lagged. The shifting dynamics of liquidity flow and past market crashes impact retail sentiment, with potential for future retail reinvestment in crypto.

• Sentiment: 0.6
• www.tradingview.com @ 2024-08-29 11:03:26 EDT Read More

Summary: Ethereum's recent increase of over 210,000 ETH in four months, pushing its annual inflation rate to 0.58%, is raising concerns about its impact on the cryptocurrency's long-term value and stability within the market.

• Sentiment: 0.75
• CaptainAltcoin @ 2024-08-29 13:00:00 EDT Read More

Summary: Ethereum continues to be a leading cryptocurrency in August 2024, underpinning the DeFi sector with its smart contract capabilities. Its ongoing transition to Ethereum 2.0 aims to enhance scalability and sustainability, reinforcing its position as a key investment.

• Sentiment: 0.75
• financefeeds @ 2024-08-29 13:00:28 EDT Read More

Summary: Mantle Network, a Layer 2 solution for Ethereum, is gaining traction due to its modular architecture and recent mainnet launch. The Mantle Ecosystem's MNT token has shown positive price movement, indicating potential growth in the near future.

• Sentiment: 0.7
• Crypto Reporter @ 2024-08-29 19:52:11 EDT Read More

Summary: Despite an 11% market decline, Ethereum is showing signs of a potential reversal, trading within an ascending channel. If it maintains support and breaks above the channel’s upper trendline, it could test higher resistance levels and initiate a longer-term rally.

• Sentiment: 0.45
• U.Today @ 2024-08-29 20:30:00 EDT Read More

Summary: Ethereum (ETH) is facing challenges as it has lost its “ultra” sound money status, struggling with key resistance levels. However, ETH ETFs have seen net inflows for the first time in nine days after consecutive outflows.

• Sentiment: -0.7
• FXStreet @ 2024-08-29 22:19:16 EDT Read More

Summary: BlackRock’s launch of an Ethereum ETF on B3 highlights the growing demand for digital assets in Latin America. This move reflects a strategic effort to capture market potential in Brazil, offering a regulated investment vehicle for Ethereum through a discounted fee structure.

• Sentiment: 0.75
• SFC Today @ 2024-08-29 03:30:19 EDT Read More

Summary: BlackRock has launched an Ethereum ETF in Brazil, ETHA39, on August 28, 2024. This ETF allows Brazilian investors to access Ethereum and follows BlackRock’s earlier Bitcoin ETF launch in the region, signaling increased digital asset investment opportunities in Brazil.

• Sentiment: 0.4
• Ripple @ 2024-08-29 07:00:33 EDT Read More

Summary: BlackRock has listed its iShares Ethereum Trust ETF (ETHA) on a Brazilian exchange, trading under the ticker “ETHA39.” This move follows the successful launch of its Bitcoin ETF in Brazil and reflects growing interest in cryptocurrency investments in the region.

• Sentiment: 0.7
• Baystreet.ca @ 2024-08-29 09:46:00 EDT Read More

Summary: BlackRock has launched the ETHA39 Ethereum ETF on Brazil's B3 stock exchange, offering local investors exposure to Ethereum with a low management fee. This ETF, which follows BlackRock’s Bitcoin ETF, simplifies access to major cryptocurrencies in Brazil.

• Sentiment: 0.5
• The Crypto Basic @ 2024-08-29 11:21:07 EDT Read More

Summary: Large ETH sell-offs by four major whales, including The Ethereum Foundation and Jump Trading, caused a 24% price decline in Ethereum over the past month. Their combined transfers of $599 million in ETH triggered significant price drops.

• Sentiment: -0.65
• Coinfomania @ 2024-08-29 03:39:45 EDT Read More

Summary: Ethereum (ETH) has seen underperformance compared to rivals like Solana, with a recent decline in price and increased selling by major holders, including the Ethereum Foundation. ETH’s price could face further decline if it fails to hold crucial support levels.

• Sentiment: -0.4
• ZyCrypto @ 2024-08-29 03:14:34 EDT Read More

Summary: Binance experienced significant outflows of Ethereum, with over 275,200 ETH leaving the exchange in the past 30 days, including 86,486 ETH in the last 24 hours, following allegations of asset freezes affecting Palestinian users.

• Sentiment: -0.4
• crypto.news @ 2024-08-29 03:09:47 EDT Read More

Summary: Ethereum dropped to $2,392 amidst a significant cryptocurrency downturn, with $313 million in liquidations. Short-term holders created resistance at their break-even price, averaging a 17% loss, while whale and shark holders continued to accumulate Ethereum despite market volatility.

• Sentiment: -0.4
• NullTX @ 2024-08-29 04:24:49 EDT Read More

Summary: Ethereum prices dropped by 10%, resulting in significant long liquidations totaling $55 million and a nine-day streak of outflows from Ethereum ETFs. The Ethereum Foundation also deposited 35,000 ETH on Kraken, which has since decreased in value.

• Sentiment: -0.8
• NullTX @ 2024-08-29 04:21:29 EDT Read More

Summary: Ethereum (ETH), the world's second-largest cryptocurrency by market capitalization, is currently under pressure from several large sell-offs.

• Sentiment: 0.0
• Coinspeaker @ 2024-08-29 07:44:07 EDT Read More

Summary: Ethereum whales have accumulated over 200,000 ETH in three days, driven by fears of a supply shock and declining ETH prices. This large-scale accumulation signals confidence in Ethereum's long-term value despite recent bearish trends.

• Sentiment: 0.7
• The Cryptonomist @ 2024-08-29 08:00:06 EDT Read More

Summary: Amber Group continued its streak of selling Ethereum (ETH) on the spot market, locking in gains in USDT and USDC.

• Sentiment: 0.0
• Cryptopolitan @ 2024-08-29 11:32:07 EDT Read More

Summary: Ethereum (ETH) has experienced a significant price drop of over 20% in the past month. This decline has led ETH whales to reduce their positions, as reflected in the decreased transaction counts and netflow of large holders, signaling potential further price decreases.

• Sentiment: -0.8
• BeInCrypto @ 2024-08-29 14:00:00 EDT Read More

Summary: Since January, approximately 1.9 million ETH have been withdrawn from centralised exchanges, reflecting growing investor concerns about security and a shift towards decentralised platforms. This trend reduces liquidity and may drive up ETH prices due to limited supply.

• Sentiment: 0.3
• deythere @ 2024-08-29 16:00:01 EDT Read More

Summary: Ethereum (ETH) whales accumulated 200,000 ETH worth $540 million in just four days, signaling strong confidence and potential for future price increases. This surge in whale activity highlights growing bullish sentiment in the Ethereum market.

• Sentiment: 0.9
• The Merkle News @ 2024-08-29 18:00:35 EDT Read More

Summary: Ethereum (ETH) has dropped over 24% in the past month, trading around $2,550. Key factors include significant ETH sales by major entities, such as the Ethereum Foundation and large whales, which have intensified market turbulence and contributed to the decline.

• Sentiment: -0.7
• TronWeekly @ 2024-08-29 18:18:00 EDT Read More

Summary: The Ethereum Foundation recently transferred 35,000 ETH to Kraken on August 23, 2024, contributing to an ongoing selloff trend. Such sales often precede significant drops in ETH prices, impacting market sentiment and raising concerns about the foundation's influence on Ethereum's value.

• Sentiment: -0.3
• deythere.com @ 2024-08-29 09:11:18 EDT Read More

Summary: Vitalik Buterin’s significant investment in Ethereum and his $517,000 donation to the ethOS project highlight his strong belief in ETH’s future. Meanwhile, recent US spot Ethereum ETFs saw $5.9 million in inflows, reflecting renewed investor confidence despite market volatility.

• Sentiment: 0.4
• FXLeaders @ 2024-08-29 02:40:07 EDT Read More

Summary: Ethereum spot ETFs have seen $5.8m in inflows, marking the first positive movement after nine consecutive days of outflows.

• Sentiment: 0.0
• Cryptonews @ 2024-08-29 02:37:07 EDT Read More

Summary: The nine spot Ethereum ETFs saw $5.84 million in net inflows on Wednesday, ending a nine-day streak of negative flows.

• Sentiment: 0.0
• The Block @ 2024-08-29 02:28:07 EDT Read More

Summary: Ethereum ETFs saw $44.5 million in outflows recently, driven by significant withdrawals from Grayscale's ETHE. This trend reflects declining investor interest and challenges in Ethereum’s trading volume and transaction count, impacting its price and market performance.

• Sentiment: -0.45
• TopNews @ 2024-08-29 02:17:07 EDT Read More

Summary: On August 28, Ethereum ETFs experienced a net outflow of 1,526 $ETH, worth $3.79M, indicating a shift in investor sentiment, with Grayscale’s Ethereum ETF (ETHE) leading in outflows, though it still retains substantial holdings.

• Sentiment: -0.4
• BlockchainReporter @ 2024-08-29 03:30:00 EDT Read More

Summary: JPMorgan highlighted the disappointing performance of Ethereum ETFs, noting $500 million in outflows from Grayscale's ETHE since launch. Despite bullish predictions, the ETFs saw continued outflows, though a recent $5.8 million inflow ended a nine-day decline.

• Sentiment: -0.3
• U.Today @ 2024-08-29 03:51:46 EDT Read More

Summary: Ethereum ETFs are gaining traction with about $7 billion in assets, while Bitcoin ETFs are losing momentum. Despite this, Bitcoin still leads in total assets, but its recent price dip is pushing investors towards new tokens like BitNance (BTN).

• Sentiment: 0.2
• crypto.news @ 2024-08-29 05:24:23 EDT Read More

Summary: Ethereum ETFs saw slight inflows of $5.9M, ending a 9-day outflow streak, with BlackRock and Fidelity leading the way. This contrasts with Bitcoin ETFs, which experienced significant outflows totaling $105.3M on August 28.

• Sentiment: -0.25
• BlockchainReporter @ 2024-08-29 05:00:00 EDT Read More

Summary: Ethereum ETFs ended a 9-day outflow trend on August 28, with BlackRock Ethereum ETF (ETHA) leading inflows of approximately $8.4 million. Total daily net inflows for Ethereum ETFs were $5.84 million, although cumulative net losses remained at $475.48 million.

• Sentiment: 0.3
• crypto2community @ 2024-08-29 04:11:02 EDT Read More

Summary: Ethereum ETFs have ended their outflow streak thanks to Grayscale's low outflows. Meanwhile, BlackRock surpasses $1 billion net inflows.

• Sentiment: 0.0
• CCN.com @ 2024-08-29 07:16:07 EDT Read More

Summary: Ethereum ETFs in the U.S. saw a net inflow of $5.8 million, reversing nine days of outflows and suggesting a shift in investor sentiment towards Ethereum.

• Sentiment: 0.5
• Decrypt @ 2024-08-29 07:06:07 EDT Read More

Summary: Ethereum ETFs, launched in the U.S. on July 23, 2024, have quickly accumulated $6.97 billion in assets. Key players include BlackRock’s iShares Ethereum Trust and Fidelity Ethereum Fund. Despite strong initial performance, challenges include the absence of staking rewards and trading limitations.

• Sentiment: 0.5
• cryptonewsz @ 2024-08-29 07:01:15 EDT Read More

Summary: On August 28, spot Ethereum ETFs saw inflows of $5.84M, reversing two weeks of outflows, and ETH prices rebounded sharply, with a notable rise in the Relative Strength Index (RSI) indicating bullish momentum.

• Sentiment: 0.2
• AMBCrypto @ 2024-08-29 09:00:39 EDT Read More

Summary: Ethereum spot ETFs saw a net inflow of $5.8 million, ending a nine-day outflow streak. BlackRock's ETHA ETF led with $8.4 million, while Fidelity’s FETH ETF gained $1.3 million. Grayscale’s ETHE ETF experienced an outflow of $3.8 million.

• Sentiment: 0.4
• The Cryptocurrency Post @ 2024-08-29 11:19:55 EDT Read More

Summary: Inflows into Ether exchange-traded funds (ETFs) have turned positive for the first time in over two weeks. The nine US spot Ether ( ETH) ETFs recorded a cumulative $5.9 million worth of net positive ...

• Sentiment: 0.0
• CoinTelegraph @ 2024-08-29 11:00:08 EDT Read More

Summary: Ethereum ETFs have faced significant challenges, recording net outflows of $500 million since their launch in the U.S. In contrast, Bitcoin ETFs saw $5 billion in inflows, highlighting a stark difference in investor interest and enthusiasm.

• Sentiment: -0.6
• Cointribune @ 2024-08-29 12:45:00 EDT Read More

Summary: Spot Ethereum ETFs experienced net inflows of $5.84 million on August 28, reversing a nine-day outflow streak. Notable inflows came from BlackRock’s ETHA and Fidelity’s FETH, despite ongoing outflows from Grayscale’s ETHE.

• Sentiment: -0.2
• Coinatory @ 2024-08-29 13:00:00 EDT Read More

Summary: Recent positive inflows into Spot Ethereum ETFs, totaling over $5.84 million, suggest renewed investor confidence in ETH, despite earlier outflows. This trend, highlighted by Blackrock’s Ethereum ETF (ETHA) and Fidelity ETH ETF (FETH), may signal Ethereum's potential recovery.

• Sentiment: 0.2
• Bitcoinist @ 2024-08-29 14:30:49 EDT Read More

Summary: On August 28, US spot Ethereum ETFs saw $5.9 million in net inflows after nine days of outflows. Notably, BlackRock’s iShares Ethereum Trust ETF (ETHA) led with $8.4 million in inflows, marking a positive shift in Ethereum ETF investments.

• Sentiment: 0.4
• CryptoSlate @ 2024-08-29 16:00:56 EDT Read More

Summary: Ethereum ETFs experienced a notable turnaround with $5.8 million in inflows after nine days of outflows. BlackRock’s ETHA and Fidelity’s FETH led the inflows, indicating growing investor interest in ETH despite overall lower trading volumes and past net outflows.

• Sentiment: 0.2
• ZyCrypto @ 2024-08-29 17:10:27 EDT Read More

Summary: Spot Ethereum ETFs have underperformed, with $500 million in outflows, according to JP Morgan. Despite this, John Wu of Ava Labs remains optimistic about their future success, citing Ethereum's competitive edge and utility in the decentralized finance sector.

• Sentiment: 0.2
• Coinatory @ 2024-08-29 21:30:00 EDT Read More

Summary: Ethereum (ETH) has increased by 2.04% daily to $2,531.98, though it has decreased by 3.46% over the past week. Its ongoing development in DeFi and NFTs supports its strong position in the cryptocurrency market.

• Sentiment: 0.01
• Analytics Insight @ 2024-08-29 01:57:59 EDT Read More

Summary: Ethereum's market share has decreased from 18.8% to 14.6% over the past year, signaling a potential decline in its dominance within the cryptocurrency sector.

• Sentiment: 0.05
• FxPro News @ 2024-08-29 03:22:55 EDT Read More

Summary: Ethereum (ETH) recently underwent a successful upgrade aimed at improving power infrastructure, resulting in a modest 5% rise in value. However, ETH faces resistance levels at $2802 and $2875, with recent transaction volume down 55%, indicating potential long-term challenges.

• Sentiment: 0.3
• The Cryptonomist @ 2024-08-29 03:05:09 EDT Read More

Summary: Ethereum (ETH) has increased by 3.14% in the past 24 hours, reaching a price of $2,540.84. As the second-largest cryptocurrency, Ethereum's performance highlights its significant role in the smart contract sector and its impact on blockchain technology development.

• Sentiment: 0.12
• SFC Today @ 2024-08-29 03:04:30 EDT Read More

Summary: Ethereum Classic (ETC) joined the ongoing broad market surges. The altcoin jumped 2.30% on its daily chart to trade at $18.74 during this publication.

• Sentiment: 0.0
• Invezz @ 2024-08-29 04:43:08 EDT Read More

Summary: In the past week, Ethereum's net supply increased by 16,975 ETH, leading to a total supply of approximately 18,099 ETH. The annual supply growth rate is now 0.736%, contributing to a 3.64% rise in Ether’s value to $2,558.

• Sentiment: 0.35
• CryptoNewsZ @ 2024-08-29 04:06:23 EDT Read More

Summary: Ethereum's market share has dropped from 18.8% to 14.6% over the past year, indicating a decline in its prominence in the crypto market.

• Sentiment: 0.2
• FXEmpire.com @ 2024-08-29 05:00:08 EDT Read More

Summary: Ethereum is struggling to gain momentum despite the approval of spot Ethereum ETFs, as it remains below the $3,000 resistance level. Declining institutional demand and increased supply from the EIP-4844 upgrade contribute to its ongoing challenges.

• Sentiment: 0.05
• The Coin Republic @ 2024-08-29 06:35:07 EDT Read More

Summary: Ethereum holding above the EMA 50 support level is a promising sign for more upside in Q4.

• Sentiment: 0.0
• Cointelegraph @ 2024-08-29 06:27:07 EDT Read More

Summary: The CryptoPunks NFT collection, hosted on Ethereum, is the top-selling NFT collection this week, with a trading volume of 343 ETH, a market cap of $719 million, and a floor price of $72,006.

• Sentiment: 0.6
• Inside Bitcoins @ 2024-08-29 03:29:50 EDT Read More

Summary: Ethereum’s futures term structure shows a consistent upward slope across major exchanges, indicating a market expectation of rising prices. Futures contracts for mid-2025 are notably more expensive than those for late 2024, reflecting strong confidence in Ethereum’s future appreciation.

• Sentiment: 0.8
• CryptoSlate @ 2024-08-29 07:15:06 EDT Read More

Summary: Despite recent market volatility, Ethereum (ETH) continues to attract significant U.S. investor interest. The cryptocurrency's resilience is driven by technological advancements like Ethereum 2.0 and a potential 30% price rally due to a "double bottom" pattern, highlighting its strong long-term prospects.

• Sentiment: 0.8
• FXLeaders @ 2024-08-29 08:28:06 EDT Read More

Summary: Ethereum's price has surpassed $2,500, leading to positive price movements in Ethereum-based altcoins. Key altcoins like Mantra (OM), Ethereum Name Service (ENS), and Kaspa (KAS) show potential for further gains, with varying levels of market sentiment and resistance levels.

• Sentiment: 0.15
• Coinpedia @ 2024-08-29 09:32:41 EDT Read More

Summary: Ethereum recovered 2% in the last 24 hours amidst a stagnant cryptocurrency market with a total capitalization of $2.09 trillion.

• Sentiment: 0.2
• FXStreet @ 2024-08-29 09:00:04 EDT Read More

Summary: Ethereum's MVRV ratio signals growing bullish sentiment, suggesting ETH could see an 85% rise to $4,750 by the end of 2024. Technical patterns and potential Federal Reserve rate cuts further support this optimistic outlook for ETH.

• Sentiment: 0.9
• FXEmpire @ 2024-08-29 10:10:08 EDT Read More

Summary: Ethereum has fallen below $2,500 amid market downturns, but its long-term prospects remain positive due to its strong fundamentals and growing Ethereum L2 ecosystem. In contrast, DTX Exchange, a new DeFi project, has raised $2 million in its presale.

• Sentiment: 0.5
• crypto.news @ 2024-08-29 11:30:00 EDT Read More

Summary: Ethereum is expected to surpass $3,000 in 2024 despite recent volatility. The key factor is overcoming the $2,700 resistance level. The arrival of Spot Ethereum ETFs could play a significant role in this potential surge.

• Sentiment: 0.1
• Watcher Guru @ 2024-08-29 14:00:00 EDT Read More

Summary: Ethereum (ETH) might soon break out of its ascending triangle pattern, potentially declining to $2,430 if it fails to close above $2,560. Currently trading at $2,582, ETH has seen a 4% gain in the last 24 hours.

• Sentiment: -0.15
• The Daily Hodl @ 2024-08-29 15:56:08 EDT Read More

Summary: Ethereum appears to be on the verge of a bullish turnaround, with analysts predicting a potential rally to over $3400 and a new all-time high by year-end. The ETH/BTC pair is showing improvement, signaling a positive shift for Ethereum.

• Sentiment: 0.2
• Finbold @ 2024-08-29 15:44:33 EDT Read More

Summary: Ethereum is under pressure as investor interest wanes, with Ethereum ETFs experiencing a $44.5 million outflow and trading volume dropping sharply. Ethereum’s price struggles around $2,590, facing potential declines due to reduced network activity and investor caution.

• Sentiment: -0.3
• Finbold @ 2024-08-29 15:00:00 EDT Read More

Summary: Ethereum ETFs recorded inflows of $5.9 million, ending a nine-day outflow streak. Meanwhile, Ethereum faces resistance at $2,817; a breakthrough could propel its price toward $3,300. However, ETH's inflation rate has increased since the Dencun upgrade.

• Sentiment: 0.2
• FXStreet @ 2024-08-29 16:35:00 EDT Read More

Summary: ETH price is down while user interaction with Ethereum DApps is up. What gives?

• Sentiment: 0.0
• Cointelegraph @ 2024-08-29 16:14:07 EDT Read More

Summary: Ethereum surged by 4% after testing $2,400, outpacing Bitcoin and showing signs of strength. Historical patterns suggest that ETH often rallies in September, potentially boosted by upcoming Federal Reserve rate cuts. However, ETH still trails Bitcoin in volume dominance.

• Sentiment: 0.7
• AMBCrypto @ 2024-08-29 16:00:33 EDT Read More

Summary: Institutional interest in Ethereum (ETH) has significantly decreased, with major firms selling 12,882 ETH and retail traders closing $17 million in long positions, reflecting a bearish sentiment and contributing to downward price pressure.

• Sentiment: -0.5
• Crypto News Flash @ 2024-08-29 17:00:29 EDT Read More

Summary: Ethereum options worth $1.36 billion are expiring today, reflecting a maximum pain price of $2,800 and a put-to-call ratio of 0.49. This suggests market optimism despite recent declines, with potential for increased volatility.

• Sentiment: 0.1
• BeInCrypto @ 2024-08-29 22:17:43 EDT Read More

Summary: Vitalik Buterin highlighted the potential of airdrops for testing Zero-Knowledge (ZK) and blockchain-based identity frameworks. He discussed balancing egalitarian distribution with resistance to exploitative practices and suggested discounted token sales as an alternative to free airdrops.

• Sentiment: 0.3
• CryptoPotato @ 2024-08-29 00:16:03 EDT Read More

Summary: Ethereum airdrops offer opportunities to earn free tokens in 2024. To maximize earnings, register on airdrop platforms, connect your wallet, and engage in required activities. Staying updated and participating early in new projects can significantly enhance your chances of receiving valuable airdrops.

• Sentiment: 0.8
• Medium @ 2024-08-29 18:31:36 EDT Read More

Summary: Vitalik Buterin discusses using blockchain-based digital identity systems for targeted airdrops in Ethereum. This approach utilizes zero-knowledge proofs and decentralized identity to ensure fair token distribution, rewarding genuine contributions and preventing exploitation.

• Sentiment: 0.3
• Biometric Companies @ 2024-08-29 12:23:26 EDT Read More

Summary: Ethereum price (ETHUSD) is testing the first key resistance at 2545.00$ and keeps its stability below it until now, noticing that stochastic shows...

• Sentiment: 0.0
• Economies.com @ 2024-08-29 00:00:06 EDT Read More

Summary: Peter Brandt identifies $2,830 as a critical level for Ethereum (ETH), suggesting that a move above this threshold invalidates short-side trades. With selling pressure persisting and key support at $1,980, ETH's outlook remains bearish.

• Sentiment: -0.7
• The Crypto Basic @ 2024-08-29 05:47:07 EDT Read More

Summary: Ethereum's price tested the $2,400 zone and is currently recovering, facing resistance near $2,550. To initiate a significant increase, ETH needs to clear this resistance and the $2,600 level. Failure to do so may lead to further declines.

• Sentiment: 0.2
• ADVFN @ 2024-08-29 00:00:08 EDT Read More

Summary: Ethereum's price is currently attempting to stabilize above the $2,500 mark, showing resilience after a recent dip. The critical resistance level at $2,555 needs to be overcome for a potential bullish momentum, with targets at $2,600 and $2,720.

• Sentiment: 0.1
• Analytics Insight @ 2024-08-29 07:29:47 EDT Read More

Summary: Ethereum faced a significant rejection at the $2.8K mark, leading to a decline toward the $2.1K support level. This bearish trend is reinforced by the recent "death cross" and a downward shift in futures market sentiment.

• Sentiment: -0.8
• CryptoPotato @ 2024-08-29 08:42:26 EDT Read More

Summary: Ethereum has dropped 24% over the past month, reaching $2,522 from an early August peak of $3,311. Analysts debate whether Ethereum will rebound from its current $2,200 support level or face further declines.

• Sentiment: -0.2
• The Coin Republic @ 2024-08-29 08:04:06 EDT Read More

Summary: Ethereum showed signs of price recovery, trading at $2,541 after a recent dip. Despite a 2.96% weekly decline and $19.51 million in liquidations, ETH is attempting to reverse bearish trends with an anticipated MA crossover.

• Sentiment: 0.12
• Investing.com Canada @ 2024-08-29 06:32:26 EDT Read More

Summary: Michaël van de Poppe’s tweet on Ethereum highlights a bullish divergence in the ETH/BTC chart, suggesting a potential reversal from the current downtrend. Historically, similar patterns led to significant rallies. However, ETH must clear resistance levels to validate this bullish setup.

• Sentiment: -0.35
• CoinChapter @ 2024-08-29 09:41:50 EDT Read More

Summary: The price of Ethereum (ETH) is currently $2,522.45, with its 52-week high at $4,088.00 on March 12, 2024. Ethereum's market cap stands at $307.43 billion, reflecting its significant role in the crypto market.

• Sentiment: 0.2
• USA Today @ 2024-08-29 08:50:06 EDT Read More

Summary: Ethereum's price has shown signs of recovery after a recent dip, climbing above $2,500 and reaching a high of $2,559. Despite this, ETH still faces challenges, including a 19.48% decline in daily trading volume and significant liquidations.

• Sentiment: 0.1
• Investing.com Australia @ 2024-08-29 06:32:26 EDT Read More

Summary: Ethereum price (ETHUSD) trades positively to breach 2545.00$ level, but as long as the price is below 2623.77$, our bearish overview will remain valid for...

• Sentiment: 0.0
• Economies.com @ 2024-08-29 13:00:07 EDT Read More

Summary: Ethereum is trading between critical support levels of $2,184-$2,348 and is close to testing the 35-day EMA resistance at $2,930. If ETH closes above this resistance, it could potentially rise towards $3,750, indicating a significant upcoming price movement.

• Sentiment: 0.6
• TronWeekly @ 2024-08-29 15:05:00 EDT Read More

Summary: Ethereum is currently in a bearish formation, with prices above $2,500 but struggling. A trend shift to bullish requires a close above $3,500. Analysts note falling funding rates in perpetual markets, signaling a predominantly bearish outlook.

• Sentiment: -0.4
• ADVFN @ 2024-08-29 16:00:08 EDT Read More

Summary: Ethereum (ETH) has rebounded to $2,577 but faces resistance around $2,700 and is consolidating at $2,500. Analysts suggest ETH needs to break this level to potentially rally towards $2,800, with mixed signals indicating both bullish and bearish pressures.

• Sentiment: 0.12
• The Tech Report @ 2024-08-29 20:59:34 EDT Read More

Summary: Grayscale's report on Ethereum highlights its role as a key platform for decentralized applications and smart contracts. It acknowledges challenges like scalability and high gas fees but remains optimistic about Ethereum 2.0's potential to enhance performance and sustainability.

• Sentiment: 0.6
• Blockchain News @ 2024-08-28 23:47:12 EDT Read More

Summary: Justin Bons, founder and CIO of Cybercapital, has warned about the effect that the rise of Ethereum L2s is having on the main chain.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-08-29 01:41:08 EDT Read More

Summary: Immutable X is a layer-two scaling solution for Ethereum NFTs, offering instant trading, scalability, and zero gas fees. Its Immutable zkEVM supports Ethereum security while providing low-cost, large-scale operations for games, and it recently saw a price surge.

• Sentiment: 0.8
• EconoTimes @ 2024-08-29 01:19:47 EDT Read More

Summary: Uniswap is joining hands with Across Protocol to fast-track the development of ERC-7683, which promotes cross-chain interoperable crypto. Bitcoin, Ethereum...

• Sentiment: 0.0
• 99Bitcoins @ 2024-08-29 06:21:07 EDT Read More

Summary: Ethereum’s upcoming Pectra upgrade will enhance network accessibility, security, and performance by improving account abstraction, validator operations, and smart contract deployment. It sets the stage for future scalability solutions like Verkle trees, optimizing Ethereum for broader use cases and efficiency.

• Sentiment: 0.62
• BlockchainReporter @ 2024-08-29 06:00:00 EDT Read More

Summary: Ethereum leads the blockchain space with the highest development activity, recording 42.8K GitHub commits in the past week, highlighting its dominance and ongoing enhancements to its network capabilities compared to competitors like SKALE and Algorand.

• Sentiment: 0.7
• BlockchainReporter @ 2024-08-29 07:40:00 EDT Read More

Summary: ETHMilan 2024, set for September 26-27 at Teatro Franco Parenti, will be a key event in the Ethereum and Web3 space, featuring over 100 speakers, workshops, and networking opportunities. It will blend blockchain innovation with Milan’s cultural scene, promoting collaboration and learning.

• Sentiment: 0.9
• Impacts @ 2024-08-29 05:03:59 EDT Read More

Summary: Ethereum is addressing scalability and cost issues with Layer 2 solutions, such as Rollups, State Channels, and Plasma chains. These technologies improve transaction speed and reduce fees while maintaining security. They are crucial for Ethereum's future scalability and adoption.

• Sentiment: 0.4
• thedial.co @ 2024-08-29 08:50:53 EDT Read More

Summary: The most significant portion of the supply, 5.22 billion SUI or 52.17%, is still locked under the “TBD locked” category. Layer-1 blockchain and Ethereum...

• Sentiment: 0.0
• Coinspeaker @ 2024-08-29 09:59:18 EDT Read More

Summary: Smart contract wallets are made possible by account abstraction, which has many advantages for ethereum users. Let's discover more about it.

• Sentiment: 0.0
• Altcoin Buzz @ 2024-08-29 10:10:08 EDT Read More

Summary: The backlash came as many argue that Buterin’s critique of the DeFi space overlooks some of the most pressing issues in the ...

• Sentiment: 0.0
• TheStreet.com @ 2024-08-29 10:19:08 EDT Read More

Summary: Ethereum's transition to Proof-of-Stake (PoS) has reduced its energy consumption by 99.95%, enhanced scalability, and lowered entry barriers compared to Proof-of-Work (PoW) systems. However, PoS faces concerns over security and centralization risks relative to PoW.

• Sentiment: 0.0
• usa.inquirer @ 2024-08-29 12:00:05 EDT Read More

Summary: A bridge between Solana and Ethereum is crucial for merging their unique strengths—Solana's speed and Ethereum's robust smart contract infrastructure—enhancing liquidity, interoperability, and market reach. Defiway is actively developing such a bridge to facilitate seamless cross-chain asset and data transfers.

• Sentiment: 0.6
• Rebellion Research @ 2024-08-29 14:53:14 EDT Read More

Summary: Addressing the monopolization of block building, an independent builder aims to diversify Ethereum again.

• Sentiment: 0.0
• Cointelegraph @ 2024-08-29 14:28:10 EDT Read More

Summary: Ethereum remains the dominant blockchain for DeFi, but there is increasing focus on cross-chain interoperability to reduce congestion and fees on Ethereum and leverage strengths of different networks. This trend is expected to drive significant growth and adoption in DeFi.

• Sentiment: 0.6
• Impacts @ 2024-08-29 13:43:45 EDT Read More

Summary: Vitalik Buterin predicts Ethereum’s transition to proof-of-stake will enhance its scalability, security, and decentralization, potentially surpassing Bitcoin in adoption and transforming the cryptocurrency landscape by becoming the leading platform for decentralized applications.

• Sentiment: 0.8
• The Daily Illini @ 2024-08-29 16:56:07 EDT Read More

Summary: Vitalik Buterin expressed skepticism about DeFi's potential to drive substantial cryptocurrency adoption, arguing it relies heavily on Ethereum's market. DeFi leaders, however, countered that DeFi significantly boosts Ethereum's value and usage, crucial for its current market cap.

• Sentiment: 0.0
• CryptoCurrencyNews.com @ 2024-08-29 16:43:32 EDT Read More

Summary: Ethereum's 2024 outlook highlights its significant advancements, including the Ethereum 2.0 upgrade, which transitioned the network to Proof-of-Stake for better scalability and energy efficiency. This, combined with EIP-1559's deflationary effects, boosts its long-term investment potential.

• Sentiment: 0.5
• Impacts @ 2024-08-29 15:50:12 EDT Read More

Summary: Vitalik Buterin revealed the Ethereum Foundation’s 2023 budget allocation, with 36.5% dedicated to supporting new institutions in the Ethereum ecosystem. Despite criticism from Kain Warwick over alleged anti-DeFi bias, the Foundation continues investing in various development and educational initiatives.

• Sentiment: 0.2
• digitalmarketreports @ 2024-08-29 16:32:00 EDT Read More