Make or Break for ETH as $1.8K Level Put to the Test (Ethereum Price Analysis)

Ethereum  Make or Break for ETH as $1.8K Level Put to the Test (Ethereum Price Analysis)  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum‘s price has been slowly dropping over the past few weeks, approaching a significant support level. Things will get interesting soon, as the market’s reaction to this level would likely determine the price action in the next few weeks.  Teknikal na Pagsusuri ng  Ang Pang-araw-araw na Tsart:  On the daily timeframe, the ETH price has been declining since getting rejected from the $2,000 psychological level.  The 50-day moving average has also been broken to the downside around the $1,900 mark. Currently, the price is moving toward the 200-day moving average located near the $1,800 level. The $1,750 support zone is also nearby, adding to the significance of this area.  A rebound could result in a rally toward the $2,000 level and probably higher. On the other hand, a breakdown of the mentioned support zone can lead to a rapid drop to the $1,400 area in the short term. Yet, judging by the lack of bearish momentum in the recent decline, a rebound and rally seem more likely.  Pinagmulan: TradingViewAng 4-Oras na Tsart:  The recent price action is much clearer in the 4-hour timeframe. As the chart

2023-08-09Ethereum

Inilunsad ng Circle ang Web3 Wallet Service para sa Mga Developer

Tech  Inilunsad ng Circle ang Web3 Wallet Service para sa Mga Developer  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Allows developers and businesses to integrate crypto wallets into their applications, simplifying user access to digital assets and digital currencies like USDC  BOSTON–(BUSINESS WIRE)–Circle, a global fintech firm and the issuer of USDC and Euro Coin, today announced Programmable Wallets, a wallet-as-a-service platform for developers to embed Web3 wallets in their apps and deliver user-friendly, blockchain-based experiences for their customers.  Available in public beta, Programmable Wallets is the first product to launch under Circle‘s Web3 services. Leveraging its acquisition of CYBAVO in 2022, Circle’s new platform provides developers across the world with the technical infrastructure to build, scale and operate customizable on-chain wallets for their own customers. With just a few lines of code, developers can use Programmable Wallets to launch to mainnet faster and deliver more streamlined Web3 experiences on multiple blockchain networks.  Circle‘s Programmable Wallets enables developers to rapidly create secure Web3 wallets for their users while preserving the UX that users are familiar with. With the wallet operations tools packaged within Programmable Wallets, developers are able to manage blockchain operations and scale their apps with ease. Using familiar APIs and SDKs, the developer’s

2023-08-09Industriya

Ulat ng mga kita sa Novavax (NVAX) Q2 2023

Pagbabahagi ng jumped on Tuesday after the Covid vaccine maker reported a surprise second-quarter profit.  Novavax posted net income of $58 million, or 58 cents per share, for the quarter. That compares with a net loss of $510.5 million, or $6.53 per share, for the same quarter last year.  The biotech company generated second-quarter sales of $424.4 million, up from the $185.9 million from the same period a year ago.  Here‘s what Novavax reported compared with Wall Street’s expectations, based on a survey of analysts by Refinitiv.  Mga kita bawat bahagi: 58 cents per share, vs. a loss of $1.39 per share expected  Kita: $424.43 million, vs. $239.2 million expected  Novavax CEO John Jacobs told CNBC that the company pulled forward some revenue that “might have drifted” into the third quarter from prior Covid vaccine purchase agreements, recognizing those sales instead in the second quarter.  He noted there will be “little to no sales” in the third quarter because the Food and Drug Administration won‘t make a decision on Novavax’s new Covid shot until late September. The company can only start rolling out the vaccine to the public after a potential approval from the agency.  Most of Novavaxs revenue in the third quarter will come from grants, according

2023-08-09Industriya

Ang presyon ng pagbebenta ay nabawasan sa itaas ng 103.50

Balita ng Ethereum ng Bitcoin  DXY picks up extra impulse and advance to weekly highs.  Above 102.84 comes the July peak of 103.57.  DXY adds to Mondays advance and trades at shouting distance from the July highs above 102.80 on Tuesday.  The index extends the upbeat tone seen at the beginning of the week and seems ready to challenge the so far monthly top of 102.84 (August 3) sooner rather than later. The breakout of this level exposes a probable move to the July high of 103.57 (July 3), which appears underpinned by the proximity of the key 200-day SMA.  Sa pagtingin sa mas malawak na larawan, habang nasa ibaba ng 200-araw na SMA (103.48) ang pananaw para sa index ay inaasahang mananatiling negatibo.

2023-08-09Industriya

Ang Ethereum ay Nagbabantang Bumagsak Sa $1,850

The latest price analysis by Coinidol.com report, the Ethereum (ETH) price has dropped to $1,802 after falling below the 50-day simple moving average (SMA).  Pangmatagalang pagsusuri ng presyo ng Ethereum: bearish  Buyers have held the price above $1,800 support since Aug. 1. However, the altcoins subsequent upward movement was halted around the $1,850 high.  If buyers keep the price above the moving average lines, the largest altcoin will resume its positive momentum. Ether will rise and retest the psychological milestone of $2,000. If the bears break below the $1,800 support, Ether will crash again. Sellers have made several attempts to resume selling pressure, while bulls have bought the dips. At the time of writing, Ethereums price is at $1,831.  Pagsusuri ng tagapagpahiwatig ng Ethereum  The Relative Strength Index for period 14 is at 41 as Ethereum consolidates above immediate support. The altcoin is more likely to fall than rise as long as it is in the bearish trend zone. Moreover, the price bars are below the moving average, which contributes to the altcoins decline. Ether is rising above the daily stochastic barrier of 60. The uptrend has stalled below the high of $1,840.  Teknikal na tagapagpahiwatig:  Mga antas ng pangunahing paglaban - $ 1,800 at $ 2,000  Mga

2023-08-09Ethereum

Binances Latest Reserve Proof Report Reveals Shift From USDC To BTC And ETH

Bitcoin Ethereum  Binances Latest Reserve Proof Report Reveals Shift From USDC To BTC And ETH  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  In its recent Proof of Reserve (PoR) disclosure on August 8th, Binance unveiled a significant reduction in its USDC balance from $3.4 billion on March 1 to $23.9 million on May 1.   Binance-Reserve-Proof-Report:-Binance-sold-a-large-amount-of-USDC-in-exchange-for-BTC-and-ETH  According to analyst Aleksandar Djakovic, the decline in USDC holdings coincided with Binances strategic move to purchase approximately 100,000 BTC and 550,000 ETH, amounting to about $3.5 billion, between March 12 and May 1.  This reserve shift aligns with the platforms move to diversify its holdings and adapt to market dynamics. Following the collapse of banks like Silvergate and Signature, the exchange aimed to bolster its crypto assets, reinforcing its resilience against potential market fluctuations.  The revelation of Binance‘s USDC reserves and subsequent asset reallocation has generated significant attention within the crypto community. Notably, the topic gained prominence after Brian Armstrong, CEO of Coinbase, mentioned during the company’s Q2 earnings call that Binance had converted USDC to another stablecoin.  As the cryptocurrency landscape evolves, major exchanges are continuously reassessing their asset management strategies. The shift from a substantial USDC balance to acquiring significant amounts of BTC and ETH illustrates Binances proactive

2023-08-09Ethereum

Ethereum Staking Gains Prominence But Vagueness Still Persists

Ethereum  Ethereum Staking Gains Prominence But Vagueness Still Persists  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  What is Shapella? How is it Impacting Ethereum?  It seems that the much-awaited Shapella Upgrade has impacted the Ethereum network too. The former went live on the ETH mainnet earlier this year. It has now started boosting the staking as per a recent Glassnode update. The largest Proof-of-Stake (PoS) network noted an all-time high (ATH) of 27.03 Million. Since the launch of Shapella, the upgrade resulted in a 40% spike.  Shapella brought some new features to the network. It enabled withdrawals for all users who have locked their ETH holdings in the staking mechanism. It opens up a new channel of passive income for the holders. Consequently, it has encouraged the hesitant token holders to go staking. Moreover, these holders initially assessed the unstacking mechanism after the upgrades launch.  This resulted in a spike in withdrawal requests. But since then, the number of deposits has surpassed withdrawals. Nansen, a blockchain research firm, has a total amount locked, equaling 21% of ETH‘s circulating supply. Notably, the ratio of the depleting supply never matched that of the increasing staked amount. After Shapella, ETH’s reserve has downsized by more than 20%.  The liquid

2023-08-08Ethereum

Two Ethereum Altcoins Leading New Resurgence of DeFi, According to Glassnode

Ethereum  Two Ethereum Altcoins Leading New Resurgence of DeFi, According to Glassnode  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Two coins from the Ethereum (ETH) ecosystem are leading the charge of a new resurgence in decentralized finance (DeFi), according to blockchain analytics firm Glassnode.  In a new report, Glassnode says that its DeFi index, which consists of the eight largest DeFi tokens by market cap, has outperformed Ethereum over the last two months for the first time since September 2022.  Zooming in on the index, Glassnode says that two tokens are standing out as the primary drivers of the trend: the stablecoin governance token Maker (MKR) and the native currency of the smart contract DeFi protocol Compound (COMP).  The firm says the strong performance of the two altcoins may be linked to recent fundamental developments for the two crypto projects.  Messari also says there has been a resurgence in decentralized exchanges (DEXes), highlighting a surge in market share versus its centralized counterparts.

2023-08-08Ethereum

NFT Trader Palms Off Collection para sa 800 ETH sa Rigged Trade

Ethereum NFT  NFT Trader Palms Off Collection para sa 800 ETH sa Rigged Trade  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Trader Hanwe Chang fooled a bot unaware of his ownership of an Azuki non-fungible token (NFT) to earn 800 Ethereum (ETH).  The NFT trader allegedly posted an inflated bid for several similar Azuki NFTs he held in an anonymous wallet.  NFT Trader Could Face Legal Battle to Recover 800 ETH  The bot, owned by elizab.eth, copied the bid, which Chang accepted from his secret wallet. The trade netted Chang 800 ETH, worth roughly $1.5 million at current prices. Elizab.eth has offered to discuss a 10% bounty if Chang returns the asset.  Lawyer Gabriel Shapiro argued elizab.eth could legally recover the asset with the help of a competent attorney. He opined the case is likely more nuanced than it appears at face value on crypto Twitter.  Security firm PeckShield said NFT thefts declined 31% month-on-month to $1.7 million in July.  The decline in thefts might be a good time to brush up on the latest scams. Find out more here.  Assets lost to NFT thefts fell 42% compared to June | Source: PeckShield  An NFT is essentially a digital title deed “minted” on a blockchain to establish digital or physical

2023-08-08Ethereum

NFT Trader Outsmarts Bot, Bags $1.5 Million in Ethereum

Ethereum NFT  NFT Trader Outsmarts Bot, Bags $1.5 Million in Ethereum  Balita ng Ethereum ng Bitcoin  In a recent turn of events that has left the crypto community buzzing, a trader named Hanwe Chang has reportedly outsmarted a bot, earning a staggering 800 Ethereum, equivalent to $1.5 million. The incident occurred on the NFT marketplace Blur, where Chang noticed a bot mimicking his bids and decided to use this to his advantage.  The Art of Outsmarting a Bot  Hanwe Chang, a prolific trader in the NFT marketplace, noticed that a bot copied his bids on Blur. Seeing an opportunity, he decided to trick the bot, leading to a significant profit. “I noticed that someones bot was copying my bids on Blur, so I decided to trick him,” Chang said on Twitter, revealing the strategy that netted him close to $1.5 million.  Blur, a relative newcomer compared to NFT marketplaces like OpenSea and SuperRare, has seen a surge in trading volume this year due to its gamified incentives. These incentives reward users with tokens based on their trading activity, including bidding on NFTs by trait, a practice in which Chang has become well-established.  The Strategy and Its Execution  The strategy involved a series of transactions involving Azuki NFTs. On

2023-08-07Ethereum
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