Whale Transfers $113M Worth of ETH to Exchanges, Sparking Sell-Off Concerns

Ethereum  Whale Transfers $113M Worth of ETH to Exchanges, Sparking Sell-Off Concerns  Balita ng Ethereum ng Bitcoin  Transfer of $112 million worth of Ethereum to Coinbase and Kraken raises concerns about potential selling pressure.  Anonymous wallet moved 22,157 ETH worth $34.5 million to Coinbase, followed by 50,000 ETH valued at $78.3 million deposited in Kraken.  Massive ETH flows to liquid exchanges have alarmed analysts as they often precede major liquidations.  The transfer of over $112 million worth of Ethereum to major exchanges Coinbase and Kraken recently has raised concerns about potential selling pressure.  According to Whale Alert, one anonymous wallet moved 22,157 ETH worth $34.5 million to Coinbase. Soon after, 50,000 ETH valued at $78.3 million was deposited to Kraken from a separate wallet.  The massive flows of ETH to liquid exchanges have sounded alarms among analysts. Such large cryptocurrency deposits often precede major liquidations.  Ethereum balances on exchanges have also declined to multi-year lows due to staking. With limited sell-side liquidity, the sudden influx of ETH raises the risk of slippage if the entities dump their holdings.  However, the motivations behind over-the-counter deals remain ambiguous. The wallets could simply be rearranging funds for other reasons.  For now, it remains unknown if actual liquidations are coming or if this is just

2023-10-12Ethereum

Mga Crypto na Bilhin sa Oktubre – Ethereum, Solana, at Scorpion Casino Token

A week into October, investors are seeking their next promising cryptocurrency in which to put their money. Ethereum (ETH) and Solana (SOL) are stalwarts, long backed by small buyers and whales alike. A new contender, Scorpion Casino Token (SCORP), emerges as a top money-making opportunity. Each of these 3 projects has unique features and potential for growth.  Ethereum (ETH): Unyielding Smart Contract Pioneer  Ethereum stands out as the unyielding pioneer in smart contracts and decentralized applications (DApps). The Ethereum 2.0 upgrade, focusing on scalability and environmental sustainability, enhances its appeal. As the backbone of the decentralized finance (DeFi) ecosystem, Ethereum continues to showcase stability and innovation. It remains the second-largest cryptocurrency by market cap, and following its Merge, ardent ETH holders believe it can eventually challenge Bitcoin at the top of the rankings.  Solana (SOL): Soaring to New Height  Solana, with its exceptional scalability and low transaction costs, has witnessed a meteoric rise. Positioned as a preferred platform for DApps and non-fungible token (NFT) projects, second only to Ethereum, Solanas ecosystem is expanding rapidly. Recent surges in its market performance indicate growing investor confidence and a hope that it will return to its astonishing 2021 levels.  Scorpion Casino Token (SCORP): Merging Gaming and Blockchain Innovatively  SCORP

2023-10-12Ethereum

Karaniwang flat ang GBP/USD para sa Miyerkules

The GBP/USD kicked off Wednesday trading near 1.2290, sagging into the days low of 1.2268 before an early US session rally into 1.2337, but market flows into the US Dollar (USD) sent the pair back into the midrange near where the trading day kicked off, testing the 1.2300 handle. Read More…  The Pound Sterling (GBP) continues its rally into a sixth day on Wednesday as investors shift their focus to United Kingdom factory data for August, which will be published on Thursday. The GBP/USD pair capitalizes on hawkish guidance from Bank of England (BoE) policymaker Katherine Mann and upbeat market sentiment. The Pound Sterling has performed better against the US Dollar as market participants are not expecting a further widening of the policy divergence between the BoE and the Federal Reserve (Fed). Read More…  The GBP/USD pair gains some positive traction for the sixth successive day on Wednesday and climbs to a near three-week high during the Asian session. Spot prices currently trade just below the 1.2300 round-figure mark and remain well supported by the prevalent selling bias surrounding the US Dollar (USD).

2023-10-12Industriya

Ang Presyo ng Bitcoin (BTC) ay Bumaba sa Oktubre habang ang Crypto Bulls ay Nagtitiis ng $50M sa Liquidations

Balita ng Ethereum ng Bitcoin  Among large-cap cryptos, the Ripple Labs-related (XRP), litecoin (LTC) and Polkadots native token (DOT) fell 2%-3%. Ether (ETH) outperformed BTC and the CMI  declining 0.7% to near $1,550. Crypto derivatives traders who bet on higher prices with long positions suffered $50 million in liquidations during the day,  CoinGlass data shows. BTC constituted $22.5 million of the liquidations, marking the second-highest reading this month.

2023-10-12Industriya

8 Thousand Dollar Ethereum Prediction mula sa Standard Chartered! Narito ang Kasaysayan!

While investors are now waiting for a rally after a difficult 2022, famous bank Standard Chartered analysts announced their  Standard Chartered Bank said  has the potential to reach $8,000 by the end of 2026, The Block reported.  The report, written by Geoffrey Kendrick, head of crypto research at Standard Chartered, included the following statements:  We think Ethereums established dominance in smart contract platforms, along with emerging uses in gaming and tokenization, has the potential to push ETH to $8,000 by the end of 2026 (5x its current price of $1,600).  The Bitcoin halving, which will take place in April 2024, will have a positive impact on all cryptocurrencies, especially Ethereum, the second largest cryptocurrency.  As a result, we think potential regulation and spot ETFs in the US will benefit ETH as much as BTC.  At this point, all these factors could potentially push the Ethereum price to $4,000 by the end of 2024; this price is still below Ethereums previous peak price of $4,866, achieved in late 2021.  “We expect $8,000 by the end of 2026.”  Finally, Kendrick stated that the $ 8,000 level specified for ETH is seen as the first step on the way to the long-term forecast range between $ 26,000 and $ 35,000, which the

2023-10-12Industriya

Kava and InQubeta ($QUBE) Surge with Launch of Ethereum ETFs

The launch of Ethereum ($ETH) ETFs this week didnt bring the expected trading volume, with only $2 million in trades during its first day – but some of the projects built on its network, like InQubeta ($QUBE) and Kava ($KAVA), have enjoyed a price surge since then. Ethereum prices have dropped over 2% since the launch of six ETFs.  Some analysts are already declaring $QUBE is one of the best altcoins to invest in this year thanks to factors like the creative way it makes it easier to invest in artificial intelligence (AI). The top DeFi project uses fractionalization, non-fungible tokens (NFTs), and smart contracts to create a secure, transparent, and accessible way for anyone to be part of the artificial intelligence revolution.  Best altcoins to invest in: InQubeta ($QUBE) set to surge 21% when presale enters fifth stage  The artificial intelligence revolution is set to shake up industries worldwide and InQubetas decentralized investment protocol positions it to be one of the top crypto coins that focus on advancing the technology.  Investors have been extremely bullish on AI-focused companies for quite some time, with investments rising from $12 billion to $120 billion from 2015 to 2022. The AI party is just getting started with

2023-10-12Ethereum

Binili ng Market Maker itong Altcoin na Nakalista sa Binance, Tumaas ang Presyo!

Investment firm GSR Markets, a leading market maker, has purchased large amounts of Worldcoin (WLD) from various exchanges.  According to the post of Blockchain data analysis platform Spot on Chain, GSR Markets received 675,000 WLD tokens from Bybit and Gate.io exchanges during the day.  With this latest purchase, GSR Markets total WLD received in the last seven days reached 1.697 million WLD ($2.57 million).  GSR Markets received 675 thousand WLD ($1.05 million) on the Bybit and Gate.io exchanges.  The market maker has been actively accumulating WLD from exchanges lately and has sold a total of 1.697 million WLD in the last 7 days.  GSR Markets currently holds 10.368 million WLD ($16.07 million), making GSR Markets one of the largest holders of WLD tokens in the market.  ???? GSR Markets just accumulated 675K $WLD ($1.05M) mula sa #Bybit at #Gate.io 15 mins ago.  The market maker has been actively accumulating $WLD from exchanges lately, totaling 1.697M $WLD ($2.57M) over the past 7 days.  Sa kasalukuyan, @GSR_io Markets holds 10.368M $WLD ($16.07M),…  — Spot On Chain (@spotonchain) Oktubre 11, 2023  With this news, WLD increased by approximately 6% and rose to $1.64. WLD, which gave back some of its gains, is trading at $1.6 at the time of writing.

2023-10-12Industriya

RUNE at BSV Slump bilang ROE Lumampas sa $1.25 Million

Balita ng Ethereum ng Bitcoin  While the crypto space experiences a long winter, with THORChain (RUNE) and Bitcoin SV (BSV) seeing notable price plunges in the past seven days, BorroeFinance (ROE) reached $1.25 million in its ongoing presale.  A long distance away from the ATH  Interested in enabling cryptocurrency holders to swap, borrow, and earn with different native assets, THORChain, powered by its token, RUNE, facilitates native asset settlement between different cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE), amongst others.  Launched in July 2019, THORChain is far from its all-time high (ATH) of $21.20, which occurred on May 19, 2021.  As of the time of this writing, RUNE was $1.68, having fallen 17.2% according to its 7-day chart.  With RUNE developed to accrue more value as more assets are deposited into the network, THORChain was created to minimize trust and become a scalable, economically secure cross-chain communication and settlement layer.  Could this falling RUNE price reflect the state of the whole crypto ecosystem, considering that the token accrues value from the deposited assets?  On the other hand, Bitcoin Satoshi Vision, popularly known as Bitcoin SV, which was created in 2018 after a hard fork from the Bitcoin Cash blockchain, which was also a hard fork of

2023-10-12Industriya

Ang Presale ng Bitcoin Minetrix ay Tumawid sa $1M Milestone: Bakit Trending ang Stake-to-Mine Token Sa kabila ng Pag-crash ng Crypto

The Bitcoin Minetrix (BTCMTX) presale just crossed the $1 million milestone, paying no heed to the prevailing downward trends in the broader market. In fact, the presale has been recording a surge in traffic over the past few days.  The trend suggests that investors might be reallocating their funds from underperforming assets that are likely to prove to be riskier with time. They are opting for promising presales to secure new tokens with high growth potential at discounted prices.  A New Bitcoin Derivative With Compelling Crypto Passive Income  The key highlight of Bitcoin Minetrix is its unique crypto passive income module known as “stake-to-mine”. The advanced mechanism enables users to stake their BTCMTX tokens in exchange for non-transferable mining credits.  As expected, the novel cloud mining concept has quickly gained popularity within cryptocurrency communities, drawing attention and interest in a short period.  In the midst of a crowded field of new cryptocurrencies, Bitcoin Minetrix stands out for several compelling reasons.  High Market Relevance and Remarkable Growth Potential  The key to understanding Bitcoin Minetrixs growing popularity lies in its unique stake-to-mine system and how it lowers the financial and technical barriers to BTC mining.  While traditional Bitcoin mining has historically been the domain of individuals and companies with massive

2023-10-12Industriya

Ethereum (ETH) Price Fall Can Lead to Further Breakdown

Ethereum  Ethereum (ETH) Price Fall Can Lead to Further Breakdown  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ang Ang presyo ng Ethereum (ETH) has fallen since reaching its yearly high in April.  The decrease took the price to a long-term ascending support trendline and a horizontal support area.  Tumatalbog ang Ethereum sa Halos 500-Araw na Suporta  The weekly time frame chart shows that the ETH price has fallen since reaching a new yearly high of $2,140 in April. While it seemed that the price broke out from the $1,950 horizontal resistance area, this was only a deviation (green circle).  Then, the Ethereum price validated the area as resistance in July, creating a long upper wick (red icon). It has fallen at an accelerated rate since.  Crypto investing, pinasimple. Kumuha ng mga hula sa presyo ng Ethereum (ETH) dito.  The Ethereum price fall led to a low of $1,546 this week. The ensuing bounce validated a nearly 500-day ascending support line and the $1,560 horizontal support area, which has been in place for 350 days.  Both these structures are of utmost importance since they have supported the upward movement for a long time.  Lingguhang Chart ng ETH/USDT. Pinagmulan: TradingView  News for the Ethereum network is mostly negative. A report raises concerns that

2023-10-12Ethereum
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