Will ETH Price Revisit $1800 Level?

Ethereum  Muling Bisitahin ang Presyo ng ETH sa $1800 na Antas?  11 oras ang nakalipas  Balita ng Ethereum ng Bitcoin  In March, a bullish rally commenced for ETH price as it rejected the $1400 and started to rise, forming a high at $2141.54. The cryptocurrency price could not stay above $2000 for many days due to the presence of bears and at the end of April, it slipped below $2000.  After the bullish move, ETH price entered into a corrective phase, forming lower lows and lower highs. Recently, Ethereum price formed support at $1650 after the June downfall due to SECs legal proceeding against the major crypto exchanges.  A bullish rally was initiated after the positive sentiment was induced in the crypto market due to the news release regarding BlackRock, worlds leading asset manager, filed for Bitcoin Spot ETF on June 15.  The move led to a rise of roughly 18.78% but price could not sustain the rally and faced rejection near $1960. Bears didnt want the price to rise above $2000 and since the rejection, the cryptocurrency price has been in a bearish trend.  If bears can push Ethereum price below $1825, there is a possibility that the price might head toward the next support level of

2023-07-11Ethereum

Ethereum Triggers Correction Toward $1,900 – Will Bulls Support ETH Price Further?

Ethereum  Na-trigger ng Ethereum ang Pagwawasto Patungo sa $1,900 – Susuportahan Ba ng Bulls ang Presyo ng ETH?  12 oras ang nakalipas  Balita ng Ethereum ng Bitcoin  As the sun rose on the global crypto market, Ethereum, the world‘s second-largest cryptocurrency by market capitalization, found itself in an upward correction mode. After a period of bearish rally, Ethereum has begun a correction phase, with its price inching towards the $1,900 mark. As Ethereum faces a market correction, the focus is on the bulls’ ability to prevent further price drops. This phase could potentially set the stage for Ethereum to break the $2,000 barrier.  Traders Are Bullish Toward Ethereum  CryptoQuant data reveals a correlation between Ethereum‘s price movements and its trading volumes on decentralized exchanges (DEX). Since January, there’s been a rise in ETH transactions on DEX platforms. In March, when the SEC sanctioned centralized exchanges, DEX trading volumes peaked, coinciding with an ETH price surge.  However, DEX volumes have since fallen, potentially indicating a bearish trend. While a correlation exists, it doesn‘t imply direct causation, as other factors also influence ETH’s price.  Despite various influences, traders maintain a positive stance on ETH, as evidenced by the decreasing put-to-call ratio. This ratio, a measure of options trading activity, signifies

2023-07-11Ethereum

Ethereum Node Locations Raise Concerns About US Government Involvement

Ethereum  Ang mga Lokasyon ng Ethereum Node ay Nagpapataas ng Mga Alalahanin Tungkol sa Paglahok ng Pamahalaan ng US  11 oras ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum is currently the largest proof of stake (P0S) network after transitioning from a proof of work (PoW) mechanism late last year. This means that the network now uses validators to carry out transactions as opposed to miners using energy-intensive computers to solve complex mathematical problems to do the same thing – something that has been applauded as a step in the right direction by many in the space.  However, the location of Ethereum nodes worldwide, particularly their concentration in a particular location, has raised concerns among participants after a Twitter user pointed out a disturbing fact.  Mahigit 50% Ng Ethereum Node ang Nasa United States  Noong Linggo, isang user ng Twitter na si Hamzah Khan ang gumawa ng post na nagbubunyag na higit sa 50% ng mga node ng Ethereum ang naka-host sa mga datacenter sa United States.  Sa kasalukuyan ay may humigit-kumulang 5,500 node na nagpapatakbo ng Ethereum, at halos kalahati ay nakabase sa US.  Sa mga ito, higit sa kalahati ay nasa isang solong data center sa Virginia, 20 minuto ang layo mula sa white house at sa

2023-07-11Ethereum

Arcadia Finance Hit by $455K Exploit on Both Ethereum, Optimism Networks

Ethereum  Arcadia Finance Natamaan ng $455K Exploit sa Parehong Ethereum, Optimism Networks  10 oras ang nakalipas  Balita ng Ethereum ng Bitcoin  Non-custodial decentralized finance (DeFi) protocol, Arcadia Finance, is the latest victim of a $455,000 exploit that occurred on both the Ethereum and Optimism networks. Confirming the hack, Arcadia revealed that it is working with security partners to minimize the damage after pausing the contracts.  The platform has also roped in law enforcement to deal with the issue.  Blockchain security expert PeckShield was first to notify the attack on Arcadia and inaangkin that it was caused due to “the lack of untrusted input validation,” which is exploited to drain funds from both darcWETH and darcUSDC vaults.  The firm highlighted another vulnerability in the DeFi protocol – “lack of reentrancy protection” – which enables instant liquidation to bypass the internal vault health check.  The stolen funds from the Optimism network portion were washed on the controversial coin mixer, Tornado Cash. But the Ethereum portion of the stolen funds, worth over $103,000, continued to remain parked in a flagged wallet address.  Arcadia has not yet confirmed the validity of the root cause identified by PeckShield, but it said that an investigation is being carried out. The protocols latest pahayag basahin,  “We will

2023-07-11Ethereum

ETH staking hits new highs as traders expect this outcome

Ethereum  Ang ETH staking ay umabot sa mga bagong pinakamataas habang inaasahan ng mga mangangalakal ang resultang ito  8 oras ang nakalipas  Balita ng Ethereum ng Bitcoin  The much-awaited Shapella Upgrade, which went live on the Ethereum [ETH] mainnet more than two months ago, has begun to advance towards its goal of boosting ETH staking.  Green ba ang iyong portfolio? Tingnan ang Ethereum Profit Calculator  According to on-chain analytics firm Glassnode, the total ETH locked on the largest proof-of-stake (PoS) network surged past 26 million at the time of writing. This represented an impressive 18% jump from the day Shapella Upgrade was executed.  Pinagmulan: Glassnode  New validators come onboard  Staking, which was considered to be a risky proposition owing to withdrawal ambiguity, got a boost after the Shapella Upgrade permitted users to unstake their ETH. This confidence led them to restake their ETH after an initial burst of withdrawals.  At the time of publication, the total amount staked accounted for nearly 21% of ETHs total circulating supply.  However, the increase in staking was not only due to deposits from existing stakers. Additional data revealed that there has been a sizable growth in the number of new addresses depositing 32 ETH to the Ethereum smart contract. While the pace has evidently slowed

2023-07-11Ethereum

Ethereum Price Analysis: ETH Aims Fresh Run To $2,000

Ethereum  Pagsusuri sa Presyo ng Ethereum: Nilalayon ng ETH ang Fresh Run Upang $2,000  7 oras ang nakalipas  Balita ng Ethereum ng Bitcoin  Ang presyo ng Ethereum ay tumitingin ng upside break sa itaas ng $1,900 resistance laban sa US Dollar.  Ang presyo ng ETH ay nakikipagkalakalan na ngayon sa ibaba $1,890 at ang 55 simpleng moving average (4 na oras).  Mayroong pangunahing bearish trend line na bumubuo na may resistance malapit sa $1,900 sa 4 na oras na chart (data feed mula sa Coinbase).  Ang pares ay maaaring umakyat pa kung mananatili ito sa itaas ng $1,825 na support zone.  Pagsusuri ng Ethereum na Presyo  In the past few days, Ethereum saw a bearish wave from the $2,000 zone against the US Dollar. ETH price declined below the $1,900 level and the 55 simple moving average (4 hours).  Itinulak pa ng mga bear ang presyo sa ibaba ng antas na $1,850. Ang isang mababang ay nabuo malapit sa $1,825 at ang presyo ay sinusubukan ngayon ng isang bagong pagtaas. Nagkaroon ng paglipat sa itaas ng $1,850 na antas ng pagtutol. Sinira ng presyo ang 23.6% Fib retracement level ng pababang paglipat mula sa $1,976 swing high hanggang sa $1,825 na mababa.  It is now trading below $1,890 and the 55

2023-07-11Ethereum

Ethereum Price Reaches Key Turning Point, $1,900 Is The Key

Ethereum  Naabot ng Presyo ng Ethereum ang Key Turning Point, $1,900 Ang Susi  6 oras ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum is currently attempting a recovery wave above the $1,855 zone.  Ang presyo ay nakikipagkalakalan sa itaas ng $1,865 at ang 100-oras na Simple Moving Average.  Mayroong isang pangunahing linya ng takbo ng alon na bumubuo na may pagtutol na malapit sa $ 1,900 sa oras-oras na tsart ng ETH USD (data feed sa pamamagitan ng Kraken).  The pair could start a decent increase if there is a close above $1,900.  Ethereum Price Revisits Resistance  Ethereums price remained stable above the $1,825 support zone. ETH started a slow recovery wave and was able to climb a few points higher above $1,850, similar to Bitcoin.  The bulls were able to push the price above the 100-hourly Simple Moving Average. The price broke the 50% Fib retracement level of the key decline from the $1,955 swing high to the $1,825 low. However, the bears were seen active near the $1,900 resistance zone.  There is also a major bearish trend line forming with resistance near $1,900 on the hourly chart of ETH/USD. Ether is now trading above $1,865 and the 100-hourly Simple Moving Average.  Immediate resistance is near the $1,890 level. The first

2023-07-11Ethereum

Aave DAO Aims To Launch GHO On Ethereum Mainnet Through Aave V3

Ethereum  Nilalayon ng Aave DAO na Ilunsad ang GHO Sa Ethereum Mainnet Sa pamamagitan ng Aave V3  6 oras ang nakalipas  Balita ng Ethereum ng Bitcoin  Aave DAO, the decentralized autonomous organization governing the Aave Protocol, is currently evaluating a proposal to introduce GHO, an Aave native stablecoin, on the Ethereum Mainnet. The proposal also suggests the implementation of two facilitators, namely the Aave V3 Ethereum Facilitator and the FlashMinter Facilitator, to enhance the functionality of GHO. If approved, this initiative would mark a significant milestone for the Aave ecosystem and the Aave DAO.  Following extensive community discussions, multiple phases of the Aave DAO governance process, and rigorous testing on Ethereums Goerli Testnet, the proposal aims to bring GHO to the Ethereum Mainnet alongside the Aave V3 Facilitator and FlashMinter Facilitator.  If the proposal is approved, users of Aave V3 on Ethereum will have the ability to mint GHO against their collateral, ushering in a new era for the Aave ecosystem and the Aave DAO.  The introduction of GHO is expected to enhance stablecoin borrowing on the Aave Protocol, creating more competition and generating additional revenue for the Aave DAO. Notably, 100% of the interest payments made on GHO borrows will be directed to the DAO treasury.  Once

2023-07-11Ethereum

Sold Out In 48 Hours? Golteums Presale Success Challenges Ethereums Record

EthereumSold Out Sa 48 Oras? Ang Tagumpay sa Presale ng Golteum ay Hinahamon ang Tala ng Ethereum4 oras ang nakalipasBalita ng Ethereum ng Bitcoin  Remember the Ethereum (ETH) presale in 2015? How it sold out in about a month? Golteum (GLTM) is beating that record already, as its first presale phase sold out in just two days!  A successful presale often makes the best impression on a token‘s prospects. And regarding the past trend of record-breaking presales, Golteum (GLTM) is steering clear of any crypto token. The new DeFi project is off to a flying start, and here’s what its protocol is all about.  Ethereum: Master of Blockchains  Ethereum (ETH) has established itself as the most popular platform in the cryptocurrency market, ranking second only to the elite Bitcoin in market capitalization.  As for applications, Ethereum (ETH) boasts the most extensive blockchain, featuring most of the famous, successful DApps.  It‘s safe to say it all began with the token’s presale in 2014. Good administration played a role in Ethereums rise to fame, but the presale quickly set things in motion.  It raised over $2.3 million within 12 hours of the presale, and that fixed it in the spotlights ever since.  Golteum (GLTM) is following a similar path, with

2023-07-11Ethereum

Yuga Labs Demands Removal of Ethereum Punks Website and Content

Ethereum  Hinihiling ng Yuga Labs na Tanggalin ang Website at Content ng Ethereum Punks  3 oras ang nakalipas  Balita ng Ethereum ng Bitcoin  Yuga Labs has made a formal request for the takedown of the Ethereum Punks website.   The move entails the removal of all Ethereum Punks images and the deletion of tweets referencing Ethereum Punks, including the introduction of the Ethscriptions Protocol.  Yuga Labs has been a driving force in the non-fungible token (NFT) space. The Ethereum Punks website, which showcased a collection of unique digital art pieces inspired by CryptoPunks, gained considerable attention from the crypto community. However, it appears that Yuga Labs has decided to exert control over the use of their intellectual property.  At the request of Yuga Labs, the owner of CryptoPunks, I am taking down the Ethereum Punks website, removing all Ethereum Punks images from https://t.co/ZcR9HKlexS, and deleting my Tweets that reference Ethereum Punks, including my Tweet introducing the Ethscriptions Protocol.  The request from Yuga Labs has prompted the immediate removal of the Ethereum Punks website, leaving many enthusiasts and collectors surprised and disappointed. The website had served as a platform for artists and developers to showcase their own variations and interpretations of the popular CryptoPunks characters.  Ethereum Punks images hosted will

2023-07-11Ethereum
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