Balita sa Industriya ng Crypto at Market Trends

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

Staked Ethereum Now Accounts for 20% of the Total Supply

Ethereum　　Ang Staked Ethereum Ngayon ay Kumokonsumo ng 20% ng Kabuuang Supply　　3 oras ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Just shy of $45 billion or 20% of Ethereum in circulation has been staked—a milestone reached on Monday that captures coins at work like never before.　　People pledge tokens to the network to keep it secure and receive rewards for doing so. And close to 24 million Ethereum is currently locked up across 744,000 validators that process transactions, according to a dashboard on Dune Analytics created by a user named hildobby.　　Ethereum is one of many blockchains that utilizes a proof-of-stake consensus model, which, in the case of Ethereum, involves validators pledging at least 32 Ethereum for the chance to validate transactions and receive associated fees.　　But that hasn‘t always been the case. In September of last year, after much anticipation, Ethereum transitioned from proof-of-work—an energy-intensive process used by networks like Bitcoin—to proof-of-stake. And for months, staked Ethereum couldn’t be withdrawn until an upgrade this past April enabled it.　　For reference, around $29 billion worth of Ethereum, or 14.5% of ETH in circulation, was pledged leading up to the pivotal Shanghai upgrade that enabled staking withdrawals.　　Monday‘s milestone represents a noteworthy achievement and captures the success of Ethereum’s

2023-07-11Ethereum

Staked Ethereum Hits $45B; Representing 20% of Circulating Supply

Ethereum　　Staked Ethereum Hits $45B; Representing 20% of Circulating Supply　　1 hour ago　　Balita ng Ethereum ng Bitcoin　　Close to 24 million Ether is locked up among 744,000 validators.　　Lido accounts for roughly 32% of all staked ETH due to its user-friendly staking model.　　On Monday, the total amount staked hit about $45 billion, representing nearly 20% of all Ethereum in circulation. This landmark achievement perfectly encapsulates the growth of Ethereum.　　Tokens are pledged to the network so that they will remain secure in exchange for financial compensation. According to a dashboard built by the user hildobby on Dune Analytics, as of right now, close to 24 million Ether is locked up among 744,000 validators who process transactions.　　Ditched Proof-of-work　　To verify transactions and earn transaction fees, validators on the Ethereum blockchain must stake at least 32 ETH. This proof-of-stake consensus methodology is used by a number of blockchains, including Ethereum.　　After considerable anticipation, Ethereum finally made the switch to proof-of-stake from proof-of-work in September of last year. Proof-of-work is an energy-intensive procedure employed by networks like Bitcoin. And until an update in April of this year made it possible, staked Ethereum couldnt be withdrawn for months.　　Moreover, before the critical Shanghai update that allowed staking withdrawals, around $29 billion worth

2023-07-11Ethereum

Bitcoins Wide Adoption Pretty Incredible, Says Former SEC Chair

Balita ng Ethereum ng Bitcoin　　Former SEC Chair Jay Clayton in a CBNC interview on Monday expressed astonishment at powerful financial institutions rapid adoption of Bitcoin. Moreover, Clayton criticized regulatory overreach, and predicted even wider mainstream acceptance in the near future.　　The former chair‘s remarks came amid one of the most intense phases of his successor Gary Gensler’s war on cryptocurrencies. Gensler, whose views largely align with those of Senator Elizabeth Warren (D-MA), has led a crackdown on exchanges Ripple and Coinbase. Almost every day brings new twists and turns as the cases wend their way through court.　　As SEC Chair, Clayton Was Skeptical　　Clayton described a shift in attitudes so rapid that it caught him off guard. Back in 2015 and 2016, cryptocurrencies struck him as an “offshore, retail” fad unlikely to catch on with leading financial firms.　　Back then, crypto was “nothing close to what I would say are the core of our financial markets,” he said. Clayton added:　　“At that time, if you look at trading of Bitcoin, at the emergence of Bitcoin, it looked like stocks. But it was nothing like it. Now, we‘ve seen a development all the way to the point where companies whose reputation in the market matters are

2023-07-11Bitcoin

Bitcoin Price Today: BTC Price Approaches Key Resistance Level Amidst Anticipation of CPI Report

Bitcoin (BTC) and altcoins are currently displaying divergent price dynamics across various timeframes, while Ethereum closely tracks Bitcoins movements. Both cryptocurrencies are steadily gaining ground as the market eagerly awaits the release of the Consumer Price Index (CPI) reading on July 12. As of the time of writing, Bitcoin is trading at $30,690.　　Crypto Rover, an industry analyst, has indicated that Bitcoin is showing signs of an impending breakout, as historical volatility reaches unprecedented lows. For the past 18 to 19 days, Bitcoin has been trapped within a sideways consolidation phase. Unless it breaks the above-established support and resistance levels, the cryptocurrency is likely to continue trading sideways.　　“We can observe that Bitcoin is currently approaching its most crucial resistance level, and the question that remains is when will it surpass the $31,000 mark. Once this breakout occurs, I personally believe it will reignite the bull market for Bitcoin,” said Crypto Rover.　　In the event of a breakout, Bitcoins price could potentially reach a target of $31.5K, corresponding to the upper range high. However, a significant hurdle is anticipated at the $31.2K resistance level. On the downside, a breakdown would target $28.5K.　　Crypto Rover also emphasized that altcoins face potential risks and may not

2023-07-11Bitcoin

Bitcoin Price Prediction As Bulls Swing Back To Action Ahead of June CPI – Can BTC Pump to $38k?

Bitcoin price is back in the green and rising above support at $30,000 toward the end of the Asian session on Tuesday. The pioneer cryptocurrency had slipped slightly below $30,000 and traded a July low at $29,705 over the weekend, but bulls swept through fresh liquidity, adding credence to the bullish momentum.　　After 24 hours of an intense tug-of-war between the bulls and bears for dominance at $30,000, BTC is up 1.1% to $30,500. Bitcoin boasts $592 billion in market capitalization and $15 billion in trading volume, according to price data by CoinGecko.　　Bitcoin Bulls Wake up head of Wednesday CPI Data Release　　Various jobs reports over the last week kept Bitcoin and crypto generally depressed. Market participants are now waiting to see how the bellwether crypto will react to Wednesdays release of the United States June Consumer Price Index (CPI) along with the Producer Price Index (PPI) coming out on Thursday.　　Investors are anticipating declines in the inflation data, which has sustained a downtrend since May. The same declines will validate the Federal Reserves decision to pause interest rate hikes, temporarily applying brakes on its intent to hike interest rates by 25 basis points (bps).　　While the tight monetary policy has helped reduce the

2023-07-11Bitcoin

Altcoin Crash: Prominenteng Analyst Forecasts 40% Drop Against Bitcoin (BTC)

Nangunguna sa crypto sphere sa kanyang insightful analysis, si Benjamin Cowen, ang kilalang founder ng IntoTheCryptoverse at maimpluwensyang crypto YouTuber, ay nagbigay ng matinding babala sa mga namumuhunan ng cryptocurrency.　　Sa kanyang serye ng mga tweet, pinatunog ni Cowen ang mga alarm bell, na nagpapahiwatig ng paparating na makabuluhang paghina para sa mga altcoin laban sa Bitcoin (BTC). Ang kanyang pagsusuri sa dalubhasa ay tumutukoy sa isang may kinalaman sa pagkakatulad sa pagitan ng kasalukuyang pagpapahalaga ng mga altcoin kumpara sa BTC at isang kritikal na kaganapan na naganap noong Hulyo 2019.　　Noong Hulyo 2019, ang mga altcoin ay nasa parehong halaga laban sa #BTC na sila ngayon.　　Bagamat hindi kailangang ganap na ihanay ang mga timeframe, iminumungkahi pa rin ng chart na ito na ang mga altcoin ay maaaring sama-samang bumaba ng isa pang 40% laban sa BTC.　　Ito ay tinatawag na altcoin reckoning para sa isang dahilan. 　　- Benjamin Cowen (@intocryptoverse) Hulyo 9, 2023　　Bilang suporta sa kanyang claim, ibinahagi ni Cowen ang isang nagpapakitang tsart na naglalarawan sa Total 3 index, na sumasaklaw sa lahat ng cryptocurrencies maliban sa Bitcoin at Ethereum, na may kaugnayan sa BTC. Maliwanag, ang kanyang chart ay graphic na nagpapakita ng papalapit na kritikal na antas ng

2023-07-11Bitcoin

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