$ETH

Here are the latest news about Ethereum (ETH):

Price and Forecast: Ethereum price has dropped by more than 20% this week due to a decline in investor appetite and increased selling in the market. However, there are expectations of a future rise that could exceed $10,000 during this bullish cycle, according to some analysts.

Upcoming Upgrade: Ethereum is set to officially launch the “Bectra” upgrade on April 8, 2025, which could impact the network’s performance, efficiency, and fees.

Expanded Uses: Ethereum continues to be at the forefront of blockchain use cases in businesses, boosting its importance in the financial and technology sectors.

Significant Market Movements: Significant inflows were recorded for Ethereum ETFs, which increased by 7 times compared to January, reflecting increased interest from institutions and large investors.

Unusual Activity: An anonymous user burned 500 ETH to post an investment warning, an event that has sparked controversy in the crypto community.

Security News: An Ethereum blockchain address holding 20.9 million USDT has been frozen, signaling strict regulatory processes on some suspicious accounts.