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News Explorer — What's Next for the Price of Ethereum? Prediction Market and Trading Data Give Clues

Generated by AI, curated by humans

Jun 26, 5:53 pm

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What's Next for the Price of Ethereum? Prediction Market and Trading Data Give Clues

Ethereum's price hovers around $2,500, with prediction markets split on its future. Despite recent upgrades and institutional interest, uncertainty remains about Ethereum's direction. Technical indicators suggest a bearish short-term scenario, with $2,000 seeming more likely than $3,000.

Ethereum's price hovers around $2,500, with prediction markets split on its future. Despite recent upgrades and institutional interest, uncertainty remains about Ethereum's direction. Technical indicators suggest a bearish short-term scenario, with $2,000 seeming more likely than $3,000.

Latest

Jul 25, 7:06 pm

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This Nasdaq-Listed Drug Company Is Set to Buy $700 Million in BNB

Windtree Therapeutics plans to buy up to $700 million worth of BNB for its balance sheet, partnering with Kraken for cus... Read Summary

Jul 25, 6:39 pm

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Ethereum Treasury SharpLink Gaming Nabs BlackRock Exec Who Helped Launch Bitcoin ETFs

Joseph Chalom, former BlackRock executive, has become co-CEO of SharpLink Gaming, known for its Ethereum treasury. With... Read Summary

Jul 25, 6:12 pm

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Tron Inc. Office in Florida Lacks Any Sign of Justin Sun's Crypto Network

Tron Inc.—which is associated with Tron network founder Justin Sun—operates from a low-profile office in Winter Park, Fl... Read Summary

Jul 25, 4:42 pm

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Elizabeth Warren Says Stablecoin Law Will Have Negative Consequences for Americans

The GENIUS Act, signed into law by President Donald Trump, aims to provide legal clarity for stablecoins, prompting conc... Read Summary

Jul 25, 2:46 pm

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Strategy Boosts Latest Raise to Nearly $2.5 Billion to Buy More Bitcoin

Strategy, led by Michael Saylor, is increasing its preferred stock offering of Stretch (STRC) from 5 million to over 28... Read Summary

Jul 25, 1:29 pm

Blockworks

Market Driven by Human Emotions, Not Fundamentals; Potential Decrease in Volatility Expected Soon

According to Empire's Jason Yanowitz and Dragonfly's Rob Hadick, the market is being driven by human emotions, known as... Read Summary

Jul 25, 1:11 pm

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Galaxy Digital, Short-term Investors' Large Bitcoin Transfers to Exchanges Send Bitcoin's Price Spiraling

Analysts warned of large-scale Bitcoin movements to exchanges, with Galaxy Digital shifting $3.7 billion worth of Bitcoi... Read Summary

Jul 25, 12:30 pm

Forbes

Bitcoin's Primary Function Was As Electronic Cash for Value Transfer, Not Just a Store of Value

Bitcoin's original purpose was as a peer-to-peer electronic cash system for value transfer, not just a store of value like gold. Using Bitcoin for transactions strengthens its role as a... Read Summary

Jul 25, 12:13 pm

Protos

WOO X Faces Withdrawal Freeze After $14 Million Hack, With Temporary Freezes for Select Tokens

WOO X has not yet lifted its withdrawal ban following a $14 million crypto theft via a phishing attack. Despite implemen... Read Summary

Jul 25, 5:18 am

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Crypto Market Faces Fatigue Even as US Liquidity Swells

The U.S. money supply has hit a record high, but the crypto market is still declining, despite the correlation between l... Read Summary

Jul 25, 4:11 am

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TikToker Sentenced to Prison for Aiding North Korean Operatives in $17M Job Scheme

An Arizona TikTok influencer, Christina Marie Chapman, was sentenced to 8.5 years in prison for aiding North Korean oper... Read Summary

Jul 25, 2:38 am

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Nigeria's SEC Signals Support for Stablecoin Businesses More Than a Year on From Binance Scandal

Nigeria's SEC Director-General announced openness to stablecoin businesses, emphasizing compliance with evolving digital... Read Summary

Jul 24, 11:35 pm

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BlackRock Ethereum ETF Hits $10B, Becoming Third-fastest in History

BlackRock's iShares Ethereum Trust (ETHA) has reached over $10 billion in assets, making it the third-fastest ETF to ach... Read Summary

Jul 24, 10:01 pm

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Bitcoin Could Hit $150K This Year But Ethereum Might Beat It: Novogratz

Mike Novogratz believes Ethereum has the potential to surpass Bitcoin in the coming months due to institutional interest... Read Summary

Jul 24, 9:41 pm

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XRP Shifting From Retail Use to 'Interbank Settlement Network': Analyst

XRP hit a new all-time high despite a decline in daily active users on the XRP Ledger. Data indicates a shift towards mo... Read Summary