Balita sa Industriya ng Crypto at Market Trends

XRP Surges to Frontline in Altcoin Showdown, Leaving Bitcoin Behind

Altcoins overtake Bitcoin in open interest race, with XRP in lead　　In a recent report, smart data portal Kaiko reveals that open interest in altcoins is currently outpacing that of Bitcoin (BTC). The driving force behind this significant shift is the recent ruling in the long-standing SEC lawsuit against Ripple, which has had a resounding impact on market dynamics.　　After what seemed like an eternity of anticipation, Ripple finally received a favorable ruling in its legal battle with the SEC. The immediate market reaction was one for the books. Within a mere few days, XRP has witnessed an impressive 69% surge in value. Moreover, prominent exchanges such as Coinbase and Binance US, which had previously delisted the token, promptly relisted it to capitalize on the renewed interest.　　Bukas na interes para sa #altcoins is rising faster than #BTC following the Ripple v. SEC ruling. 　　—Kaiko (@KaikoData) Hulyo 19, 2023　　Thus, it is no surprise that the open interest values for XRP trading have surged by an astounding 100% over the past week, surpassing all expectations. When gauging the change in open interest since last week, XRP has remarkably overtaken Bitcoin by an impressive 50%. Other altcoins are following suit, albeit at slightly lower rates.　　In

2023-07-20Bitcoin

How this Ethereum whale movement can affect your holdings

Ethereum　　Paano makakaapekto ang Ethereum whale movement na ito sa iyong mga hawak　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　According to recent data provided by Lookonchain, an Ethereum [ETH] ICO (initial coin offering) participant re-emerged after eight years and deposited 61,216 ETH ($116M) to Kraken on 19 July. The participant received 61,216 ETH at Ethereum Genesis, with an ICO price of approximately $0.31.　　How can ETH be impacted？　　The ICO participant‘s deposit may lead to increased selling pressure in the Ethereum market. This increased selling activity could affect supply-demand dynamics and potentially lead to ETH’s downward price movements in the short term.　　The future behavior of this whale will play an important role in ETHs price movement in the future.　　Despite the FUD caused by the whales deposits, retail investors have continued to show faith in Ethereum. According to Glassnode, the number of non-zero addresses has recently reached an all-time high of 102,913,926. As the number of retail investors holding Ethereum rises, the possibility of them being more vulnerable to whale behavior grows.　　Will the bears turn out to be right？　　At press time, the selling pressure on Ethereum was relatively low. This was indicated by the relatively low MVRV ratio. A low MVRV ratio suggested that

2023-07-20Ethereum

Lucid stock jumps on the back of Saudi Arabia clean energy push

Lucid Motors (NASDAQ: LCID), the prominent electric vehicle (EV) startup, secured $3 billion through a recent stock offering last month.　　Notably, Saudi Arabia‘s Public Investment Fund (PIF) contributed almost two-thirds of this massive investment, sparking a wave of optimism among Lucid’s investors and resulting in a sharp surge in the company‘s share price. PIF is also Lucid’s largest shareholder.　　Now, the automaker‘s shares have risen once again on strong links to the largest Middle Eastern nation. To be more specific, Lucid struck a deal to start offering its luxurious electric cars for lease for the first time in Saudi Arabia in a clean energy push aimed at preserving the country’s environment, the transportation regulator said on July 18.　　Malinaw na pagsusuri sa presyo ng stock　　At the time of writing, shares of Lucid were changing hands at $7.48, up over 6% on the day, suggesting that investors welcomed the Saudi deal.　　LCID latest stock price data. Source: MarketWatch　　However, over the past week, LCID remains down around 12%, mainly due to a disappointing delivery and production update for Q2 published last week. According to the report, Lucid shipped 1,404 EVs in the quarter ended June 30, notably below Wall Street estimates of 1,873.　　Despite recent challenges stemming

2023-07-20Industriya

Ethereum Hovers Above $1,900 And Experiences Another Upswing

Cryptocurrency analysts of Coinidol.com report, Ethereum price (ETH) is trading above the moving average lines while facing the resistance of $2,000 psychological price level. 　　Pangmatagalang pagsusuri ng presyo ng Ethereum: bullish　　The current uptrend should reach a high of $2,128 but faces resistance above the $2,000 level. At the time of writing, Ethereum is trading at $1,913.90. If the price stays above the moving average line, the positive momentum could continue. The largest altcoin will rise again and retest the $2,000 resistance. However, Ether could fall if the price drops below the 21-day simple moving average. Meanwhile, the cryptocurrencys price is moving above the moving average lines.　　Pagsusuri ng mga tagapagpahiwatig ng Ethereum　　Ether is moving above the moving average lines at the level of Relative Strength Index 53 for the period 14. When the price bars move above the moving average lines, Ether will rise. The altcoin is above the daily stochastic level of 80. Ether is in the overbought zone of the market and could fall.　　Teknikal na tagapagpahiwatig:　　Mga antas ng pangunahing paglaban - $ 1,800 at $ 2,000　　Mga pangunahing antas ng suporta - $ 1,600 at $ 1,400　　Ano ang susunod na direksyon para sa Ethereum？　　The largest altcoin is still trading above

2023-07-19Ethereum

Bitcoin and Ethereum Losing Their Dominance, Tradecurve Onboards 15,000 New Users

Bitcoin Ethereum　　Bitcoin at Ethereum Nawawala ang Kanilang Pangingibabaw, Tradecurve Onboard ang 15,000 Bagong User　　6 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Bitcoin (BTC) and Ethereum (ETH) are facing challenges to their long-standing dominance. As new projects emerge, the market dynamics shift, with potential gains to be found in alternative tokens.　　Tradecurve, a rising player in the crypto space, will capitalize on these changing trends, promising investors significant returns.　　Bitcoin (BTC) ETF Applications Increase in Number; the Token Trades at $31,001.48　　Bitcoin has scheduled a halving event within the next six months. It led financial giants like Fidelity, BlackRock, and Valkyrie to file Bitcoin exchange-traded funds (EFTs). This scenario previously took place in 2020-2021 as the interest of these financial giants in filing Bitcoin ETF was lowered after the FTX collapse.　　It led many crypto exchanges to face regulatory scrutiny causing Bitcoin, and many other cryptos to trade sideways. However, up to 7 institutional companies are seeking to get Bitcoin ETF in the USA.　　Most investors still believe Bitcoin lost its charm after FTX collapsed. Currently, it is trading at $31,001.48, a 0.83% rise over the past 24 hours. Experts predict that Bitcoin can potentially trade at an average price of $36,658.70 for the rest of 2023.　　Ethereum

2023-07-19Ethereum

Vitalik Buterin Explores Ethereums Account Abstraction Challenges

Ethereum　　Sinisiyasat ni Vitalik Buterin ang Mga Hamon sa Abstraction ng Account ng Ethereum　　58 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　On July 18, Buterin spoke at the Ethereum Community Conference (EthCC) in Paris.　　Buterin also discussed a different add-on, signature aggregation.　　Vitalik Buterin, Ethereums co-founder, has discussed some of the obstacles that have arisen throughout the process of introducing account abstraction on the blockchain, despite the fact that this new feature is seen as an impetus that might bring one billion people to Ethereum.　　On July 18 at the Ethereum Community Conference (EthCC) in Paris, Buterin discussed the benefits of contemporary account abstraction and the challenges that the community is now encountering with this idea.　　Currently, individuals wishing to send or receive ERC-20 tokens on the Ethereum network must also own Ether in order to cover the cost of internal transactions. Buterin claims that “paymasters,” which are expansions to the concept of account abstraction, may let users pay transaction fees using “whatever coins that they are transferring.” In addition to this, the plugin may facilitate user sponsorship of transactions by decentralized apps (DApps).　　Optimist Despite Obstacles　　Buterin also discussed a different add-on, signature aggregation. The functionality allows developers to save money on gas and data, according to

2023-07-19Ethereum

Ethereum Price Is Showing Early Signs of Fresh Increase, But This Resistance Is Key

Ethereum　　Ethereum Price Is Showing Early Signs of Fresh Increase, But This Resistance Is Key　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereum is holding the key support near $1,875.　　Ang presyo ay kinakalakal sa ibaba $1,920 at ang 100-oras na Simple Moving Average.　　Nagkaroon ng isang pahinga sa itaas ng isang pangunahing linya ng trend ng bearish 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 gain pace if it clears the $1,920 and $1,940 resistance levels.　　Ethereum Price Could Start Fresh Increase　　Ethereums price declined again below the $1,900 support. However, ETH bulls were active near the $1,875 level. It seems like a double bottom pattern is forming near the $1,875 level.　　A low is formed near $1,875 and the price is now attempting a fresh increase. It broke the $1,900 resistance level. There was also a break above a key bearish trend line with resistance near $1,900 on the hourly chart of ETH/USD. The pair cleared the 50% Fib retracement level recent drop from the $1,944 swing high to the $1,874 low.　　Ether is now trading below $1,920 and the 100-hourly Simple Moving Average. On the upside, immediate resistance is

2023-07-19Ethereum

Big Whale Suddenly Transfers All 61,216 ETH To Kraken After 8 Years Of Hibernation

Ethereum　　Big Whale Suddenly Transfers All 61,216 ETH To Kraken After 8 Years Of Hibernation　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　On the morning of July 19, many crypto investors on Twitter were bewildered because the movement of an Ethereum whale wallet containing 61,216 ETH (worth $116.3 million) had resumed after eight years of sleep.　　Concerns about the ETH mentioned above wallet increased when it immediately transferred all assets to the Kraken exchange, as noted by Etherescan.　　Currently, the true purpose of this ETH whale has yet to be discovered. Many people quickly came to the conclusion that $120 million of ETH is about to hit the market.　　In particular, this is a pre-mine wallet, meaning that this wallet received ETH before the ICO event of Ethereum in 2015. Therefore, there has been a lot of speculation about the owner of this wallet. It could belong to one of the founders of Ethereum, a private investor or a particular core member of the Ethereum Foundation.　　There is also speculation that the owner of the wallet may have known in advance that news could be detrimental to Ethereum in the near future and decided to sell off the asset to hedge risks.　　This argument is with foundation,

2023-07-19Ethereum

Bitcoin Bulls Keeps Pushing, Why Fresh Increase To $31K Seems Likely

Bitcoin　　Patuloy na Nagtutulak ang Bitcoin Bulls, Bakit Malamang na Tumaas Hanggang $31K　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Bitcoin is slowly moving higher from the $29,500 level.　　Ang presyo ay kinakalakal sa ibaba $30,200 at ang 100 oras-oras na Simple moving average.　　Mayroong isang pangunahing linya ng bearish na bumubuo sa paglaban na malapit sa $ 30,100 sa oras-oras na tsart ng pares ng BTC / USD (feed ng data mula sa Kraken).　　Ang pares ay maaaring magsimula ng isang disenteng pagtaas kung mayroong malapit sa itaas ng $30,200 na pagtutol.　　Ang Presyo ng Bitcoin ay Layunin na Mas Mataas　　Bitcoin price followed a bearish path below the $30,200 pivot level. BTC even broke the $29,850 level and tested the $29,500 level. A low is formed near $29,500 and the price is now attempting a fresh increase.　　The price climbed above the $29,850 and $30,000 resistance levels. There was a move above the 50% Fib retracement level of the downward move from the $30,448 swing high to the $29,500 low. The price is now consolidating near $30,000.　　Bitcoin price is still trading below $30,200 and the 100 hourly Simple moving average. Immediate resistance is near the $30,080 level. There is also a major bearish trend line forming

2023-07-19Bitcoin

Aave Launches New Algorithmic Stablecoin GHO on the Ethereum (ETH) Mainnet

Ethereum　　Aave Launches New Algorithmic Stablecoin GHO on the Ethereum (ETH) Mainnet　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Lending and borrowing platform Aave (AAVE) has launched a new decentralized stablecoin on the Ethereum (ETH) mainnet.　　The dollar-pegged stablecoin, called GHO (GHO), is governed by the Aave decentralized autonomous organization (DAO).　　Nader Dabit, the director of developer relations at Aave, sabi ni that GHO is an “overcollateralized” stablecoin.　　Kumuha sabi ni in GHO‘s launch announcement that the stablecoin is transparent and committed to the protocol’s community.　　More than 2.7 million GHO tokens have already been minted on Ethereum since the stablecoin opisyal na inilunsad on Saturday, according to the projects website.　　GHO fell from its dollar peg to a low of around $0.978 at one point on Sunday. It is trading at $0.982 at time of writing.

2023-07-19Ethereum

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