Ethereum News by Thebittimes.Com

Ethereum (ETH) is showing signs of a strong upward move, with technical indicators pointing to a potential rally. According to an analyst, ETH could reach a new all-time high in March, sending it to above $4,880 per token. A recent Analysis by TedPillows suggests that ETH has entered its short-term expansion phase following a period of accumulation and manipulation. This breakout from consolidation indicates that Ethereum could be on the verge of a significant price surge, with new highs in sight. Ethereum’s breakout signals strong momentum According to the Analysis , Ethereum’s price action has followed a classic accumulation and expansion pattern, where prolonged consolidation leads to a breakout and trend continuation.  Picks for you The world’s ‘largest consumer platform’ is coming to crypto this year, reveals executive ...

The groundbreaking Bitcoin-Ethereum ETF approval by the SEC is not just being widely celebrated. It’s fundamentally reshaping crypto investment availability. The Bitwise fund, which was dramatically approved in an astonishingly quick 45-day timeline, is well organized to offer direct exposure to both Bitcoin and Ethereum in a single investment vehicle. Market data is being intensively monitored across exchanges. Meanwhile, prices are strictly tracked in real time. News but expected. Even Gensler’s SEC would approve these. That said, they approved in 45 days vs waiting 240 days. I really want to interpret this as a sign the new SEC will be faster but no way to know really. Litecoin on deck, know more soon https://t.co/xqlXusHuyN — Eric Balchunas (@EricBalchunas) January 31, 2025 This revolutionary development has been warmly received by market analysts. Longstanding concerns about crypto market volatility are now being effectively addressed through the fund’s robust regulator...

Hackers took over the official UFC Instagram account last night and attempted to shill a fraudulent memecoin.  An official confirmed to MMA Junkie that the UFC’s account was hacked at 8:40pm ET.   Onlookers claimed that the post was up for at least an hour and in that time, the UFC hadn’t publicly acknowledged the post.  The post’s caption read, “UFC fans have been waiting, and the moment is here. Get ready to own the legacy. Precision. Strength. All in one coin. #UFC #UnleashTheFight.” The fraudulent crypto was also promoted on the UFC’s Instagram story .  Screenshot of the UFC crypto promotion shared by Mike Bohn. Read more: Trump memecoin guy wanted to throw $10K off Empire State Building In response to the news, shared by MMA Junkie reporter Mike Bohn on X, multiple users questioned if the UFCs account was actually hacked. One asked, “Why have [UFC] not commented about this?” while another said, “Is it really hacked? Because this is something Dana would...

Long-term Bitcoin holders have sold over 1 million BTC during the recent surge above $100,000. Historical data suggests this selling pattern typically precedes strong market rallies and bullish momentum. The decreasing pace of long-term holder sales indicates a more measured approach to distribution. Exchange-held Bitcoin has dropped to 2.7 million from 3 million in the past six months. Most coins appear to be moving into ETF wallets rather than individual investor withdrawals. Market sentiment remains optimistic as institutional investment vehicles continue attracting significant cryptocurrency holdings. New Cryptocurrency Releases, Listings, & Presales Today hardwAIre DAO’s recent whitelist allocations and partnerships with Heurist AI and Aethir enhance its technological and community-driven expansion. BlackDuckrwa’s partnerships with BNP Paribas and Equiti bolster credibility, while upcoming Discord expansions improve community engagement.  1HubAI unifies mult...

Slap-to-Earn meme coin Catslap ($SLAP) is set to burn $1 million tokens on Friday, 31 January, a move expected to deliver a major price boost. In total 466.5 million $SLAP tokens have been burned, valued at $672,400 to the benefit of all token holders. Tomorrow’s burn will be worth almost twice as much as the burns already executed. 4 days left until the $1M burn 🔥 pic.twitter.com/l2PIBwJRcz — Catslap (@CatSlapToken) January 27, 2025 It follows the recent Slapdrop events that saw the top 10 Slap-to-Earn leaderboard winners share a $100,000 prize pool.  Meanwhile, all those Slapdrop participants who slapped in the web game, completed Zealy social quests and submitted their Best Wallet rewards wallet started receiving their reward $SLAP tokens from 16 January. The Slapdrop rewards tokens are linearly vested for 90 days, preventing immediate sell pressure, as seen with previous token airdrops like Hamster Kombat. However, a...

Pindora, the tech firm creating Lucia, a hyper-personalized artificial intelligence (AI) assistant, has launched an airdrop for some of the users in the non-fungible token community. Some of the eligible persons are Pudgy Penguins, Lil Pudgy, Azuki, Azuki Elementals Beanz, and more. The airdrop is part of a broad marketing strategy exclusively utilized to raise awareness about their upcoming AI project. Pindora Airdrops $Lucia Coins To Blue-chip NFT Holders In a January 28 blog post, Pindora confirmed launching a $LUCIA airdrop to Pudgy Penguins, an NFT collection from the digital asset firm Igloo featuring a limited edition of 10,000 NFTs; Lil Pudgy, another NFT collection from Igloo Inc featuring a limited set of 22,222 cartoon penguin birds NFTs; Azuki, an NFT collection from Chiru Labs featuring a limited supply of 10,000 anime-themed NFTs and Azuki Elementals, another NFT collection from the digital asset firm Chiru Labs featuring a limited supply of 20,000 NFTs hosted on the Et...

Dogecoin (DOGE) is showing strong signs of a potential recovery following a period of short-term weakness, with both technical and on-chain indicators suggesting a short-term momentum shift. Notably, pseudonymous analyst Trader Tardigrade has identified an approaching bullish MACD crossover on the four-hour chart, a technical signal that suggests the cryptocurrency may be preparing for a recovery.  This has sparked interest among traders, with many closely monitoring for confirmation of a potential upward trend in the near term. Picks for you The National DigiFoundry shares a new Web3 guide to secure information sharing 2 hours ago If you put $1,000 in Bitcoin when FTX’s Sam Bankman-Fried was sentenced, here's your return now ...

Looking for the hottest cryptos on the Solana chain today? Let’s talk about the rising stars making waves in the blockchain world: Artrade, Degen Raffles, and You Held. Each of these tokens brings something fresh to the table, whether it’s disrupting traditional markets or creating entirely new opportunities in the crypto space. What makes these coins stand out? How are they capturing the attention of traders and investors? Top Trending Cryptos on Solana Chain Today  Artrade enables fractional ownership of iconic artworks, letting everyday investors dive into the high-end art world. Degen Raffles revolutionizes traditional raffles with blockchain transparency. You Held is catching the eye of disciplined investors looking for rewards beyond quick flips. Here’s everything you need to know about the top trending cryptos on Solana Chain today . 1. Artrade (ATR) Artrade addresses the issues of exclusivity and inaccessibility of high-value art investments. Tradition...

Following the U.S. election, there has been a noticeable change in Bitcoin’s market behavior, primarily driven by the actions of large investors known as “whales.” According to data from CryptoQuant, these whales have increased their holdings from 16.2 million BTC to 16.4 million BTC. Conversely, smaller investors have decreased their Bitcoin holdings from 1.75 million BTC to 1.69 million BTC during the same timeframe. This accumulation trend by major investors has decreased selling pressure on Bitcoin. In December 2024, Bitcoin holders’ profitability peaked, with gains reaching as high as $10 billion, coinciding with Bitcoin’s price approaching $100,000. However, into January, the pace of profit realization has decreased, with daily profits now fluctuating between $2 billion and $3 billion. Nonetheless, the market is still making gains. Insidebitcoins has curated a list of the most searched cryptos on GeckoTerminal today Most Searched Cryptos on GeckoTe...