Tag: Ethereum

Vitalik Buterin Drops 50 ETH to Back Tornado Cash Dev Alexey Pertsev

Summary: Vitalik Buterin, Ethereum’s co-founder, has donated 50 ETH to support Alexey Pertsev, the Tornado Cash developer facing legal trouble over allegations tied to money laundering.


Vitalik’s Big Flex for Privacy

Vitalik Buterin just reminded the crypto world why he’s a real one. The Ethereum OG dropped a solid 50 ETH to back Alexey Pertsev, a developer caught in a legal storm over Tornado Cash. The tool, known for letting users anonymize Ethereum transactions, has been a hot topic, with regulators accusing it of enabling money laundering. Pertsev’s legal battle has become a major debate about privacy rights versus government oversight in the crypto space.

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Juicebox Campaign Hits Major Goals

Vitalik’s donation wasn’t a solo move. It went to a Juicebox campaign that’s rallying support for Pertsev. So far, the campaign has raised 184.48 ETH, thanks to contributions from other privacy supporters in the crypto fam. The legal battle isn’t just about Alexey—it’s about protecting the principles that keep Web3 decentralized and secure.

Vitalik’s History of Generosity

This isn’t Vitalik’s first time coming through. During 2021, he made waves by donating over $1 billion in SHIB to the India Covid Relief Fund. He also sent $5 million in ETH to Ukraine during the Russian invasion. Whether it’s humanitarian aid or defending crypto’s core values, Vitalik stays consistent with his big-hearted moves.

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MOODENG Token Pops 62% in 24 Hours After Vitalik’s Epic Donation

Summary: MOO DENG (MOODENG) just hit the glow-up of the year, surging 62% in the last 24 hours to a price of $0.0002111. The hype? All thanks to Ethereum co-founder Vitalik Buterin’s 10M Baht donation to Khao Kheow Wildlife Sanctuary for our fave pygmy hippo, Moo Deng.

From Meme to Market Star

What started as a meme token is now making serious moves. Vitalik’s donation isn’t just a kind gesture it’s a game-changer, boosting visibility for MOO DENG. With $13.75M in trading volume over the last day, this coin is catching all the crypto FOMO vibes. Oh, and the market cap? Sitting pretty at $86.24M, with around 41 billion MOODENG coins in circulation.

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Hippo Hype Hits Hard

Moo Deng isn’t just a hippo it’s an icon. The internet’s love for this little guy is spilling into the crypto world, with investors vibing hard with the token’s feel-good, charity-driven energy. Meme coins like MOODEND are riding on the wave and on the power of community support not only this much but this community support and latest surge shows and expresses how a news on positive way can totally flip the script in the volatile crypto space.

What’s coming now?

Everyone knows the market is evolving and as the market evolves, all eyes are on whether MOODENG can keep this momentum or if the hype will fade. One thing’s for sure: the combo of a good cause, internet buzz, and a hippo mascot is definitely hitting all the right notes for now.

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Ethereum Booms: $17 Billion on the Move as Activity Spikes 300%

Ethereum’s been popping off! Activity spiked 300% this week with whales moving $17.15B in a day. ETH hit $4K for the first time in months, while ETFs saw record inflows of $428M. Bullish vibes all around, as Bitcoin also smashed $100K. The crypto market’s on fire!

Ethereum is absolutely vibing right now, and the numbers are wild! Over the past week, ETH’s activity shot up by 300%, with whales (aka the big-money players) making moves worth a jaw-dropping $17.15 billion in just one day. According to crypto analyst Ali, this spike is all about those huge transactions, typically over $100K, signaling some serious action in the market.

Why’s this happening? Well, it’s not just ETH—it’s the whole crypto scene. Bitcoin finally smashed past $100K (yes, it happened!) and peaked at $104K, pulling Ethereum up with it. ETH crossed $4K for the first time in ages, hitting $4,096 during the bull run. Bulls are trying to keep it up, but bears are playing defense at the $4K line.

Meanwhile, Ethereum exchange-traded funds (ETFs) in the U.S. had their best day ever, pulling in $428M. Overall, a whopping 108,045 ETH worth $433M flowed into these funds on Dec. 6. That’s some next-level demand.

What does it all mean? For starters, whales are either stacking or dumping big-time, and both can be a big deal. When whales move, the market has to listen. This level of activity hints at strong optimism and potential for more growth.

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Ethereum’s 2025 Forecast and Lightchain AI: Expert Insights on Their Future Potential

Ethereum’s solid, leading DeFi role is set to hit $10K by next year, while Lightchain AI’s futuristic fusion of blockchain and AI might soar from $0.003 to $1. LCAI’s Proof of Intelligence tech is reshaping industries, making it a bold pick for early adopters. Both scream opportunity—don’t sleep on this!

Ethereum is the OG of decentralized finance, and it’s not slowing down. With its efficient Proof of Stake system and Ethereum 2.0 upgrades, it’s the backbone of DeFi and NFTs. Experts say ETH could climb from its current $4,038 to over $10K by 2025, thanks to institutional adoption and growing dApp use. It’s a steady bet for anyone looking for long-term gains in the crypto space.

But here’s where things get spicy—Lightchain AI is the new hotshot combining blockchain and AI. Imagine a system where nodes get rewards for doing smart stuff like machine learning tasks. That’s Lightchain’s Proof of Intelligence (PoI) in action. Its AI Virtual Machine (AIVM) makes dApps evolve on the go, turning industries like healthcare and finance upside down.

Starting at just $0.001125, Lightchain AI’s token (LCAI) is in presale and already gaining momentum, now priced at $0.003. Experts predict it could hit $1 by next year if adoption keeps growing.

So, who’s the real winner? Well technically Ethereum is your solid long-term player, while Lightchain AI is the ambitious underdog with huge potential. Smart investors are eyeing both for a diversified, future-ready portfolio. Ready to jump in?

Continue reading: Ethereum Co-Founder Jeffrey Wilcke Cashes Out 20K ETH Amid Market Surge

Ethereum Co-Founder Jeffrey Wilcke Cashes Out 20K ETH Amid Market Surge

Summary: Ethereum co-founder Jeffrey Wilcke sold 20,000 ETH, worth $72.5M, on Kraken as ETH hit $3,600. While ETH’s rally shows signs of cooling, Wilcke’s moves have sparked speculation about market trends.

Wilcke’s ETH Sell-Off

Jeffrey Wilcke, one of Ethereum’s OGs, just offloaded 20,000 ETH to Kraken, bagging $72.5 million. This isn’t the first time he’s done this type of risky move, this is the fourth time he has made such a gigantic move in 2024 alone, with total sales of 44,300 ETH valued at $148 million. Despite cashing out, he’s still holding strong with 106,000 ETH, worth $382 million, proving he’s not entirely out of the game.

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ETH’s Rollercoaster Ride

Ethereum flirted with the $3,700 mark earlier today but couldn’t keep the momentum, pulling back to $3,566—a modest 1% gain in 24 hours. Analysts are keeping a close eye, wondering if the whale activity is signaling a market cooldown or gearing up for another pump.

What’s the Vibe?

This complete sell-off by Wilcke’s has made every crypto enthusiasts talking. Some people think this move is just done for small time and early profit while others strongly believe this to be a signal and a warning signal for others to brace for market volatility. This doesn’t finalize anything as anything is absolutely possible in crypto space.

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US Spot Ethereum ETFs Soar to $10.8B in Assets Under Management

Spot Ethereum ETFs just hit $10.8B in assets, snagging 2.47% of ETH’s market cap. Big inflows coming in shows investors are hyped, especially with ETH rallying 15% this week to $3,631. Analysts think $4K is next. TL;DR: ETH’s on fire, and ETFs are riding the wave!

Okay, so here’s what’s been buzzing around the crypto world: Spot Ethereum (ETH) ETFs just hit a wild milestone. As of now it is ranked in a total of $10.8 billion in assets. That’s like 2.47% of Ethereum’s entire market cap. Yeah, it’s a big deal.

The last few days have been crazy. According to Sosovalue (shoutout to them for the stats), these ETFs got a solid $133 million in new money flowing in over just three days. On November 27 alone, a whopping $90.1 million came in, which screams one thing: investors are vibing hard with ETH right now.

So, why the hype? ETH’s price has been climbing like crazy—up 15% this week alone. It’s now sitting at $3,631, with a sweet 5.2% jump in just 24 hours. And guess what? It’s even outperforming THE Bitcoin itself. ETH said, “Move over, BTC; I’m the star of the show now.”

Analysts are now like, “What if ETH hits $4K?” If that happens, it’s game over (in a good way). With the ETFs popping off, ETH prices rallying, and big institutions finally giving it the nod, Ethereum’s basically proving it’s the main character in this crypto story.

So yeah, buckle up. It’s Ethereum’s world right now, and we’re just living in it.

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ETH Soars Past $3,500: Is $4,000 the Next Target?

Ethereum is back on track, breaking $3,500 after months of lagging. Its mainly fueled by alt season hype and Bitcoin’s near $100K surge. Currently trading at $3,490, it’s looking at $4K but it does has resistance around $3,800 to $3,900. With already going massive Bitcoin’s moves and macro trends in play, ETH’s path forward looks promising but volatile.

On the end of November, Ethereum’s token ETH just pulled a major comeback. This sprint comes after long months of feeling left out and is fueled by Bitcoin’s crazy climb toward $100K and the buzz around alt season.

ETH’s Comeback Story

ETH hasn’t seen the $3,500 zone since July, but it’s finally caught up to Bitcoin’s glow-up. Right now, ETH is sitting pretty at $3,490, up a solid 13% in just a week, as per TradingView. Everyone’s now wondering if this momentum will take it to $4K.

This Week’s Price Action

So, what’s next? ETH seems to be chilling in the $3,500 range for now and is likely looking to build up some energy for the next big push. Major crypto Top Gs are eyeing $3,800 to $3,900 as a big challenge. Its kinda like a boss fight on its way to reach the $4K mark. ETH’s gotta bring its A-game to break through.

Here’s the deal, though: Bitcoin’s drama (it’s so close to $100K!) and broader market vibes could mess with ETH’s momentum. Altcoins often ride Bitcoin’s wave, so everyone’s keeping tabs on the bigger picture.

Read more on Ethereum here

The Road to $4K

For ETH to hit $4K, it’ll need some major buying power and a bit of luck from the global economy. Things look good overall, but don’t forget—crypto can be a bit of a rollercoaster. For now, ETH is on the up, but short-term chaos could still shake things up.

The takeaway? ETH is out here making moves, and while the journey might get bumpy, $4K feels closer than ever. Stay tuned!

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NFTs Hit $158M in Weekly Sales, Powered by Ethereum and Bitcoin

NFT sales just hit $158M this week, led primarily by Ethereum ($49M) and Bitcoin ($43M), despite a 12.7% drop from last week. Solana saw a huge spike in buyers aswell, with 185K+ active users. The NFT market’s still strong, closing November with solid momentum after a record-breaking October.

NFTs are still holding strong despite a slight dip this week, with $158 million in sales over the last seven days, according to CryptoSlam. While that’s a 12.7% decrease from last week’s $181 million, the numbers are still looking solid, especially when compared to earlier in November when sales were only around $93 million.

Ethereum continues to dominate the NFT scene with $49 million in sales, though that’s down 25.9% from the week before. Bitcoin NFTs are also holding their own, recording $43 million in sales, though that’s a 29% drop.

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But here’s where things get interesting: Solana, which has been flying under the radar, just smashed it in terms of buyers. With over 185K Solana users actively picking up NFTs this week, which is a 58% jump from last week, its giving off positive vibes all over! In comparison, Ethereum, while leading in sales volume, saw a slight dip in buyer activity.

Other networks like Polygon, Mythos Chain, Immutable, and BNB Chain combined for $35.8 million in NFT sales this week. And although the average transaction value dropped a little, from $133 to $126, it’s clear that interest in NFTs is holding steady.

Looking at the bigger picture, the NFT space is showing some serious resilience. October saw a huge spike in sales, ending a seven-month slump, and now November is keeping the momentum going. Despite the fluctuations, the rise in Solana’s buyers and Ethereum’s continued dominance show that the digital collectible market is alive and kicking.

Despite a minor decline this week, NFTs are still doing well; according to CryptoSlam, sales over the past seven days have totaled $158 million. Even while it is a 12.7% drop from previous week’s $181 million, the figures appear to be stable, particularly when contrasted with sales of only about $93 million earlier in November.

With $49 million in sales, Ethereum is still the market leader in NFT, despite a 25.9% decrease from the previous week. Despite a 29% decline, Bitcoin NFTs are still doing well, with $43 million in sales.

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Ethereum Eyes $10K Despite Recent Sell-Off

Summary: Ethereum hasn’t had a great couple weeks as it’s price faced a pullback, dropping to $3,058 in the mist of a big whale sell-offs and ETF outflows. Analyst knowing this downfall of ETH still predicts a long-term rally with bullish technical indicators, they suggest a potential rise to $10,000.

Whale Activity Triggers Price Dip

Ethereum has fallen down and has fallen so deep that it’s fallen by 11% from its monthly high with whales transferring and selling over $300 million worth of ETH to exchanges, signaling a very dangerous and potential sell-offs. A major transaction that put pressure on the cryptocurrency’s value is 50,000 ETH moved to Kraken.

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DEX and ETF Challenges

Ethereum which has second highest valuation suffered from a underperformance in decentralization exchanges (DEX) volumes, while trailing other infamous networks like Solana and Base. Not only that but spot ETFs also saw 2 consecutive days of outflow with a total amount of $59.8 million which seems incomparable to Bitcoin which had a massive, extraordinary, huge inflow of $27 billion.

Bullish Signals on the Horizon

Despite all these negative aura surrounding Ethereum, analysts remain super hopeful that this is just a calm before the storm and predict a potential bullish run for its long-term target of $10,000.

Ethereum’s Dilemma: Rising Network Activity Amid Stagnant ETH Prices

Ethereum’s token ETH is stuck under $3,200 despite popping off in network growth. There seems to be no problem in daily users, transactions and even dApps which just recently hit $149.9B. That’s way above of BNB chain. Plus, even smart money is bullish but inflation and weak fee burns issue is dragging it down. Options market isn’t hyped, with only a 10% shot at $4K this year. The Beam Chain upgrade might be a savior, but for now Bitcoin is taking all the cake.

ETH token price has been showing inconsistency in its price, even with the market surge. It is struggling to maintain momentum above  $3,200 mark, despite numerous attempts to improve in network fundamentals and dApp volumes.

Ethereum’s Price Stays Flat

Basically, there is no problem yet faced in Ethereum’s on-chain activities, daily active users have actually jumped from 377K to 488K as of recent, plus, transactions hit 1.29M and TVL even surged by 25%. DApp volumes are also absolutely crushing it with $149.9B, shortening BNB Chain’s $26.6B. But despite this killer stats, ETH’s price isn’t looking bright, this network hype doesn’t go along with its market moves and its stuck in between this mess.

ETH’s Smart Money Hope vs. Market Doubts

Big players are bullish, scoring ETH sentiment at 2.28/5, while retail vibes stay lukewarm at 0.06. But there are challenges in the way, less fee burning and skepticism in option markets has been a major setback. While ETH has gained 36%, it looks tiny in front of Bitcoin’s surge 109%.

Key levels:

  • Support: $3K
  • Resistance: $3.2K
  • Target: $3.735K (+20%)

Beam Chain upgrade might help, but for now, ETH’s stuck following Bitcoin’s lead.

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