Mga Punto ng Data sa Pagbebenta ng Presyon at $300 Milyong Panganib sa Bitcoin!

Bitcoin surpassed $58,000 and then $59,000 for the first time since December 2021. While there are generally more bullish expectations in the market, BTC is expected to reach its previous ATH of $69,000 in a short time.  However, some analysts also stated that some data signaled a possible correction for BTC, while popular analyst Ali Martinez said that the Bitcoin liquidation heat map shows that a long position of approximately $ 300 million is at risk of liquidation if Bitcoin falls to $ 55,900.  Additionally, according to IntoTheBlock data, 1.49 million addresses have purchased 432,920 BTC at prices ranging from $56,961 to $67,413 on average.  According to this data, the majority of investors who bought Bitcoin in this range are close to making a profit, while investors making a profit also signals that there may be a potential selling pressure.  If this selling pressure materializes and there is a correction in BTC price, the next key support levels for Bitcoin could lie between $55,134 and $56,961, according to the data. Because, according to IntoTheBlock data, 513,730 BTC was purchased by 991,220 addresses at an average price of $ 56,036.  However, if the correction in Bitcoin continues and the $56,000 level is not maintained, a significant

2024-02-29Industriya

Inihahanda ng ETH Rally ang Altcoin Market para sa Bull Run: Analyst

Balita ng Ethereum ng Bitcoin  Dan Gambardello thinks Ethereum and other top altcoins appear to be gearing up for a significant bull run.  The analyst identifies a fading Bitcoin dominance as an indicator of a developing altcoin bull season.  According to Gambardello, the lower the rank for cryptos in market cap, the higher their potential for percentage gains.  According to Dan Gambardello, host of the Crypto Capital Venture YouTube channel, Ethereum and other top altcoins appear to be gearing up for a significant bull run. In a recently uploaded video, the renowned analyst spotted the dwindling Bitcoin dominance, among several other factors that support his bullish observation.  Despite Bitcoin‘s recent achievements, like breaking above $57,000, Gambardello thinks Ethereum is leading the way in the developing bull run. He highlighted Ethereum’s Relative Strength Index (RSI) on the monthly chart, marking its highest level since November 2020.  By showing similarities between the ETH RSI now and in November 2020, the analyst made an interesting revelation. He believes ETH RSI is reciprocating, or traversing the same path it took in 2020 November when it broke the bull market door. This poised the altcoin market for a bull run shortly. Hence, the analyst supplemented his argument saying that this could

2024-02-29Ethereum

Ethereum rally triggers unexpected events in 24 hours - What now?

Ethereum  Ang Ethereum rally ay nag-trigger ng mga hindi inaasahang kaganapan sa loob ng 24 na oras – Ano ngayon?  Balita ng Ethereum ng Bitcoin  For the first time since April 2022, the price of Ethereum [ETH] climbed past $3,200. The value meant that ETH has registered an amazing 10.28% increase over the last seven days.  However, the events of the last 24 hours have been so interesting that the total crypto market cap was only inches away from hitting $2.20 trillion.  AMBCryptos assessment of the market showed that several other unexpected events filled the ecosystem. One of these involved a dormant pre-mine Ethereum address which held 238 ETH.  Pre-mining is associated with Initial Coin Offerings (ICO). It serves as a way to reward early investors, founders, and developers of a project.  The awakening offers ETH calm  According to a post from Whale Alert, the aforementioned address has been activated. This was the first time it came to life after almost nine years of inactivity.  Pinagmulan: X  At press time, AMBCrypto could not confirm if the activation was to sell or to move the assets to another secured wallet. If the owner decides to book profit, the sale might not significantly affect ETHs price.  However, if the action was only to

2024-02-28Ethereum

BTC Approaching 60K, ETH Conquers 3K: What’s Driving The Growth?

Bitcoin Ethereum  BTC Approaching 60K, ETH Conquers 3K: Whats Driving The Growth?  Balita ng Ethereum ng Bitcoin  Bitcoin price achieved another milestone on Tuesday when the crypto surpassed the $55K level. The market leader is now approaching the next hurdle of $60 K. The bulls might conquer $60K easily if they continue to rise with the same momentum.  On the flip side, Ethereum also joined the rally and is now approaching the $3300 level. The ETH crypto has been on the rise for the last four consecutive sessions after the bears failed to lower the price near the psychological level of $3000.  Whats Driving The Market Growth?  Several factors are driving the crypto market growth including trading volumes for the recently approved spot BTC exchange-traded funds (ETFs) had reached their peak, totaling $3.24 Billion.  Also, Bitcoin halving is nearing which is a major event in the crypto market. The halving event is all set to occur in April 2024 with only 54 days left at the moment.  The major news which hit the market yesterday was about Microstrategy which reportedly bought more bitcoins. With 52 days left before the Bitcoin halving, Microstrategy added 3000 BTC tokens worth $155 Million to their portfolio as per the announcement by the

2024-02-28Ethereum

Mga Nadagdag sa Ethereum sa Bullish na Sentiment at Institusyong Interes

Ethereum  Mga Nadagdag sa Ethereum sa Bullish na Sentiment at Institusyong Interes  Balita ng Ethereum ng Bitcoin  Ethereum (ETH) is making waves yet again.  Over the past 24 hours, ETH has climbed 3%, pushing its price from $3,077 to a high of $3,287, before settling at its current $3,258. This is a price point not seen since April 10, 2022, marking a significant milestone in Ethereums ongoing journey.  The last seven days have also been quite profitable for ETH bulls. Starting the week at $2,968, it maintained a steady sideways trade for the first four days before spiking in the last three, resulting in a robust 9.9% gain.  The technical indicators are painting a vivid picture of a strongly bullish market.  The relative strength index (RSI) is currently at 82, indicating that ETH is extremely overbought. The RSI refers to the split between traders looking to buy and those looking to sell an asset. So that means 82 out of 100 traders are buying ETH.  The gap between the exponential moving average of the last 10 days (EMA10) and the average of the last 55 days, (EMA55) is widening. This means that in the short term, ETH is experiencing faster upward movement compared to its longer-term average, which

2024-02-28Ethereum

Bitcoin & Ethereum are Rallying– Why ADA & LINK Price is Consolidating?

Bitcoin Ethereum  Bitcoin for this reason, the price is unable to surpass them despite multiple attempts. Now that the bulls appear to have become more vigilant, a small bullish push could propel the price beyond $0.7.  It is worth noting that the Gaussian channel, which points out the prevailing trend, turned bullish a couple of weeks ago. Regardless of this, the DMI is about to go bearish, which suggests the channel may not expand. With less volume and volatility, it could be extremely difficult for the price to achieve the required highs. However, until the ADA price sustains within the resistance zone, the possibility of rejection remains distinct. Therefore, the token may consolidate for a while and with the next BTC bullish push, Cardano may also clear the upper resistance.  On the other hand, Chainlinks (LINK) price is feared to lose the resistance zone that it had held tightly after marking yearly highs above $20.  In the daily time frame, the price is under intense pressure from both ends in an attempt to break through the key resistance zone. The volume is also in favour of the bulls but has been restricted below the average, due to which, the LINK price may continue to

2024-02-28Ethereum

Ang presyo ng Ethereum ay may hawak na $3.1K habang ang bukas na interes ng ETH futures ay papalapit sa pinakamataas na lahat

Ethereum  Ang presyo ng Ethereum ay may hawak na $3.1K habang ang bukas na interes ng ETH futures ay papalapit sa pinakamataas na lahat  Balita ng Ethereum ng Bitcoin  Ethereum futures open interest soars to $10.6 billion as investor excitement for a spot ETH ETF approval increases.  Ether (ETH) price has gained 38.5% in the last 30 days, breaking above the $3,100 level for the first time since April 2022. The movement is likely influenced by the anticipation of a spot Ether exchange-traded fund (ETF) in the United States, pending a decision from the Securities and Exchange Commission.  The increased demand for leverage caused Ether futures open interest to surpass $10 billion, causing anxiety among bulls, especially since the previous $11 billion peak in November 2021 marked the ETH all-time high and a subsequent 55% correction.

2024-02-27Industriya

Inaayos ng ENS ang hindi pagkakaunawaan sa domain ng eth.link pagkatapos ng pag-apruba ng DAO

Ethereum  Inaayos ng ENS ang hindi pagkakaunawaan sa domain ng eth.link pagkatapos ng pag-apruba ng DAO  Balita ng Ethereum ng Bitcoin  After an 18-month-long legal dispute, the Ethereum Name Service (ENS) developer has settled with Manifold Finance over ownership of the eth.link domain. The settlement, approved by the ENS decentralized autonomous organization (DAO), entails a $300,000 payment to Manifold Finance, allowing ENS Labs to retain domain ownership. Additionally, the DAO approved a $750,000 reimbursement of ENS Labs legal expenses.  The saga began when ENS Labs filed a lawsuit against Manifold Finance and domain registrars GoDaddy and Dynadot in an Arizona District Court, seeking to prevent the domain transfer. The lawsuit followed the expiration of ENS Labs‘ hold over the domain in July 2022 after early contributor Virgil Griffith, the domain’s owner, could not renew it due to legal constraints.  Legal battles and court orders  Manifold Finance acquired the eth.link domain at auction on Dynadot in September 2022, leading to months of legal proceedings. Despite initial setbacks, including the domains expiration and a court order in favor of ENS Labs, the legal battle continued.  In July 2023, Arizona District Judge John Tuchi ordered Dynadot to unlock eth.link, enabling ENS to transfer ownership. The resolution of the dispute culminated

2024-02-27Ethereum

Sinusubaybayan ng mga mamumuhunan ang DeeStream dahil inaasahan ng mga analyst na ang Ethereum at Immutable ay magboom bago maghati ang Bitcoin

Bitcoin Ethereum  Sinusubaybayan ng mga mamumuhunan ang DeeStream dahil inaasahan ng mga analyst na ang Ethereum at Immutable ay magboom bago maghati ang Bitcoin  Pagbubunyag: Ang artikulong ito ay hindi kumakatawan sa payo sa pamumuhunan. Ang nilalaman at mga materyales na itinampok sa pahinang ito ay para sa mga layuning pang-edukasyon lamang.  In the changing world of digital money and online content, Ethereum (ETH) is doing well and showing positive progress. Immutable (IMX) seems to be getting better after a difficult period. Bitcoin (BTC) is holding up strong, with positive data suggesting a potential increase before the halving event.  At the same time, DeeStream (DST) is leading the way in decentralized streaming. Supporters expect more gains in the days ahead, explaining why more investors are exploring the project.  Ethereum likely to break out  Ethereum has recently experienced a breakout from its ascending parallel channel that has persisted since October.  Priced at $3,015, Ethereums surge of almost 3% in the last 24 hours is outperforming Bitcoin, showcasing double the gains.  The breakout, coupled with bullish indicators like the RSI and MACD, positions Ethereum for potential gains.  The RSI teases a buy signal, pending execution upon crossing above the signal line. The MACD indicator is also above its signal line, with

2024-02-27Ethereum

Bitcoin BTCs Surge Leads Crypto Market Rally, Ethereum Eyes Next Breakout Above $3,200

Bitcoin crypto Ethereum  Bitcoin BTCs Surge Leads Crypto Market Rally, Ethereum Eyes Next Breakout Above $3,200  Ethereum reaches new multi-month highs surpassing $3,200, showcasing strong bullish momentum.  Bitcoin‘s significant push above $55,000 resistance influences the broader market, including Ethereum’s performance.  “The potential for Ethereums next move towards $3,320 or even $3,450 remains high as market dynamics shift,” analysts suggest.  This article delves into the recent Ethereum price rally that, despite a slight stall, shows promising signs of continuation, buoyed by Bitcoins impressive gains and potential for further upward movements.  Ethereum‘s Bullish Trend Continues Amidst Bitcoin’s Rally  Ethereums price has experienced a notable increase, breaking the $3,200 resistance level and signaling a strong bullish presence in the market. This upward movement is part of a broader trend that has seen Ethereum maintain its position above the $3,175 mark and the crucial 100-hourly Simple Moving Average. A key bullish trend line with support at $3,150 on the hourly ETH/USD chart underscores the positive sentiment surrounding Ethereum.  Comparative Performance: Ethereum and Bitcoin  While Ethereum has shown remarkable resilience and strength, Bitcoin‘s recent surge above the $55,000 resistance level has been a significant market mover. Ethereum’s slight underperformance compared to Bitcoin‘s rapid gains highlights the volatile and dynamic nature of the cryptocurrency market.

2024-02-27Ethereum
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