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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum has retraced from the $3,240 level and is now testing the $3,150 zone as support, a key area that traders are closely watching. Bulls are attempting to defend this level after a modest rebound, but uncertainty remains high as the market tries to establish direction following weeks of volatility and aggressive selling pressure. While some analysts view this consolidation as the early stages of a recovery, others warn that ETH may still be vulnerable to deeper pullbacks if momentum fails to strengthen. According to top analyst…

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Mugafi, an AI-driven platform for entertainment intellectual property (IP), has partnered with Avalanche to tokenize films, anime, music and other media assets, allowing creators to finance and distribute projects directly onchain.The initiative will draw from Mugafi’s catalog and upcoming films. According to the company, its AI systems, trained on thousands of scripts and story structures, help evaluate projects before they are brought onchain for financing.Mugafi and Avalanche plan to finance more than $10 million in entertainment IP. The companies said their long-term target is to exceed $1 billion in annual IP financing throughput.Avalanche said the partnership aims to demonstrate how…

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Ethereum is holding firmly above the $3,150 level as the market shifts into a more bullish phase after enduring weeks of heavy selling pressure and fear-driven liquidation. The recovery has sparked debate among analysts: some view the bounce as nothing more than a relief rally within a broader bearish trend, while others believe Ethereum may be building the foundation for a more sustained rebound. Related Reading A new CryptoQuant report offers one of the clearest insights. According to Ethereum data on Binance, the past several weeks have shown heightened volatility in the Cumulative Volume Delta (CVD) — a metric that…

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Cryptocurrency markets saw another week of consolidation following last week’s long-awaited market recovery.While Bitcoin (BTC) remained above the key $90,000 psychological level, investor sentiment continued to be dominated by “fear,” with a marginal improvement from 20 to 25 within the week, according to CoinMarketCap’s Fear & Greed index.In the wider crypto space, the Ether (ETH) treasury trade appears to be unwinding, as the monthly acquisitions by Ethereum digital asset treasuries (DATs) fell 81% in the past three months from August’s peak.Still, the biggest corporate Ether holder, BitMine Immersion Technologies, continued to amass ETH, while other treasury firms carried on with…

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Texas has become the first US state to officially purchase and hold Bitcoin (BTC), acquiring $5 million worth of BlackRock’s iShares Bitcoin Trust (IBIT) and authorizing another $5 million for direct, self-custodied BTC. The move comes at an unexpected moment: a market downturn marked by exchange-traded fund (ETF) outflows, institutional caution and stalled legislative efforts across the country.In this week’s episode of Byte-Sized Insight, we explore why Texas stepped in while many others stepped out and what the timing suggests about the state’s long-term view on digital assets.Earlier this year, more than two dozen US states introduced or debated bills…

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A Solana presale event encountered distribution issues after a bot farm reportedly used over 1,000 wallets to snipe nearly the entire Wet (WET) token sale in seconds. Hosted through the decentralized exchange aggregator Jupiter, the presale sold out almost instantly. But genuine buyers effectively had no chance to participate because a single actor dominated the presale, according to organizers.Solana automated market maker (AMM) HumidiFi, the team behind the presale, confirmed the attack and scrapped the launch entirely. The team said it would create a new token and hold an airdrop to legitimate participants while explicitly excluding the sniper. “We are creating a…

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Ethereum price has rebounded in the past few days as market participants cheered this week’s Fusaka upgrade that boosted its network stats. Summary Ethereum price has strong technicals, which will likely lead to a strong bullish breakout, potentially to $4,900 soon. The amount of ETH tokens in exchanges has plunged, a sign of continuing accumulation. Ethereum has a leading market share in key industries like DeFi and RWA. Ethereum (ETH) rose to a high of $3,247, its highest level since Nov. 14, and was about 20% above its November low. Here are the top reasons why it may be on…

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Small-cap publicly traded firm AlphaTON Capital has signaled ambitions to access a substantially larger fundraising capacity as it delves deeper into the artificial intelligence and Telegram ecosystem. The company has exited the SEC’s “baby-shelf” limitations and filed a $420.69 million shelf registration, a precise figure often referenced in crypto’s meme culture. The rules limit the amount of capital that very small public companies can raise through a shelf registration. This aims to prevent tiny issuers from flooding the market with stock and heavily diluting investors.According to Google Finance data, AlphaTON capital stock, ATON, suffered significant losses in the last month. The…

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Russian President Vladimir Putin’s visit to New Delhi on Thursday brings a detailed and tightly planned itinerary that places trade, defence and long-term cooperation at the centre of his engagements with Prime Minister Narendra Modi.This is his first trip to India since the Russia-Ukraine War began almost four years ago.The visit comes at a moment when India’s relations with the US have entered a difficult phase, adding further weight to a schedule designed to advance bilateral projects and reinforce a long-standing strategic partnership.Schedule shaped around summit talks Copy link to section Putin’s arrival at the Palam Air Force Station is…

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Shortly after the Fusaka network upgrade, the Ethereum network saw a sharp drop in validator participation after a bug in the Prysm consensus client knocked a chunk of votes offline.According to a Thursday Prysm announcement, version v7.0.0 of the client unnecessarily generated old states while processing outdated attestations, a flaw that Prysm core developer Terence Tsao said prevented the nodes from functioning correctly. Developers recommended that users launch the client with the “–disable-last-epoch-targets” flag as a temporary workaround.Beaconcha.in network data shows that at epoch 411,448, the network achieved only 75% sync participation (the percentage of 512 randomly selected nodes signing…

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