Balita sa Industriya ng Crypto at Market Trends

Ethereum Witnesses Selling Pressure At Higher Levels! Will ETH Price Be Able To Breach $2K?

Ethereum　　Ethereum Witnesses Selling Pressure At Higher Levels! Will ETH Price Be Able To Breach $2K？　　58 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　In recent weeks, Bitcoin‘s price has been able to break past the critical $30K resistance level, pushing several altcoins to remarkable bullish rally. However, ETH price failed to gain significant boost from BTC’s rally and continued to consolidate near the $1.9K region. Moreover, the rising ETH gas fees and scaling issues have been a hurdle to its upward price trajectory, causing investors to shift attention to other potential altcoins.　　ETH Holders Are Jumping Into Bitcoins Rally　　Both Bitcoin and Ethereum have been trading above their respective max pain points. This typically indicates a bullish market sentiment as the price of these assets exceed the level where option holders (both calls and puts) would experience maximum financial losses. However, despite this ostensibly favorable condition, Ethereum fails to trigger any promising surge compared to Bitcoin.　　The price weakness observed in Ethereum has prompted a significant number of market makers to continue offloading their ETH call options, suggesting a lack of confidence in Ethereums near-term price potential. This sell-off in ETH call options is contributing to the overall selling pressure Ethereum is currently facing.　　Additionally, the

2023-06-28Ethereum

Hinman ETH Analysis Reshaping the XRP Case: Judge Torres’ Approach and Implications

Ethereum　　Pagsusuri ng Hinman ETH na Muling Hugis sa Kaso ng XRP: Diskarte at Implikasyon ni Judge Torres　　4 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The post Hinman ETH Analysis Reshaping the XRP Case: Judge Torres Approach and Implications appeared first on Coinpedia Fintech News　　The intriguing complexities of the ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs have captured the attention of the global crypto sphere. In recent discussions on social media, commentators have considered the possible impact of former SEC director Bill Hinmans approach to Ethereum on the Ripple case.　　Ripple Case Mired in Intrigue and Speculation　　A blockchain specialist going by the moniker ‘Mr. Huber’ tumugon to a tweet questioning the relevance of Hinmans viewpoint on Ethereum to the evidence stacked against Ripple. Mr. Huber outlined two potential scenarios:　　Firstly, if Judge Analisa Torres concludes that Hinman legally exempted Ethereum from being classified as a security, then it‘s likely that the same logic would be applied to Ripple’s XRP. Intriguingly, Hinmans Ethereum analysis did not factor in the scale or transparency of the holdings, which could mean XRP was not marketed as security and thus incurs no penalties.　　The second scenario considers that if Judge Torres deems that

2023-06-27Ethereum

What Is Ethereum Difficulty Bomb?

Ethereum　　What Is Ethereum Difficulty Bomb？　　23 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Vitalik Buterin, a Russian-Canadian programmer, is best known for being the founder of the Ethereum difficulty bomb blockchain. Buterin created Ethereum as a decentralized global computer that could be used for everyday transactions using blockchain technology. He was inspired by the Bitcoin network, but he saw its limitations, which led him to create Ethereum. Buterin built the Ethereum blockchain with a ticking time explosive called the Ethereum Difficulty Bomb, which was designed to incentivize Ethereum core developers to push through to the Merge, a significant milestone in Ethereums development.　　The Ethereum Difficulty Bomb was an internal mechanism that aimed to encourage ETH core developers to develop new technology from scratch to advance to the next stage in the roadmap to building a supercomputer. The Merge is where Ethereum finally progressed from a proof of work (POW) consensus mechanism to proof of stake (POS), which was a significant step forward for the platform. The Ethereum Difficulty Bomb played a crucial role in this development, as it helped to incentivize developers to work hard and push through to the Merge.　　While the Ethereum Difficulty Bomb was an essential mechanism for Ethereums development, it

2023-06-27Ethereum

Ethereum non-exchange addresses thrive as bulls and bears clash at $1,900

Ethereum　　Ethereum non-exchange addresses thrive as bulls and bears clash at $1,900　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　With the struggle between bulls and bears continuing in the wider cryptocurrency sector, Ethereum (ETH) has been no exception as it tries to overcome the psychologically critical threshold at $1,900 while its richest non-exchange holders have been hoarding.　　Indeed, the largest addresses that are not on any crypto exchanges have continued getting richer with their Ethereum holdings, while the top exchange addresses are at their record low holdings, or near genesis levels, according to the data Nagbahagi by blockchain and crypto analytics platform sa Hunyo 26.　　Specifically, the top 10 non-exchange addresses hold 33.47 million ETH as of late June 2023, which represents the largest supply held by these crypto wallets of all time. Meanwhile, Ethereums top 10 exchange addresses hold 6.78 ETH, the smallest amount since September 2015, equaling only 9.2%.　　Pagsusuri ng presyo ng Ethereum　　Meanwhile, Ethereum was at press time trading at the price of $1,874.88, recording a decline of 0.98% on the day but still holding on to the moderate weekly gains of 8.41% and a modest increase of 1.41% on its monthly chart, as per the latest data retrieved on June 27.　　It

2023-06-27Ethereum

Ethereum Needs to Breach This Supply Wall For Further Rally

Ethereum　　Kailangang Labagin ng Ethereum ang Supply Wall na Ito Para sa Karagdagang Rally　　4 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The worlds second-largest cryptocurrency Ethereum (ETH) has been flirting around $1,850 levels after some gains last week. The ETH price along with Bitcoin and other altcoins has remained steady over the last two days with investors eyeing the next upswing.　　However, for the Ether (ETH) price to rally forward, it must first break through a supply wall just above $2,000. Citing data from IntoTheBlock, popular crypto analyst Ali Martinez iniulat:　　Kagandahang-loob: Sa TheBlockEthereum Non-Exchange Addresses Accumulate　　As we can see the Ethereum (ETH) price volatility has been strong around $1,900 levels with the bulls and bears engaged in an intensified battle. On the other hand, ETH supply on the exchanges has been dropping while non-exchange addresses continue to accumulate hard. On-chain data provider Santiment reports:　　Ethereum　　Courtesy: Santiment　　While the Ethereum (ETH) price has been heading lower currently, this could be a golden opportunity to buy the dips at this point, as per the technical setup.　　On Monday, June 26, crypto journalist WuBlockchain iniulat: “The largest short seller on GMX used 6.6x leverage to short ETH at the entry price of $1,703.97, and has lost nearly 70% of

2023-06-27Ethereum

How Ethereum Price Could Race to $3K Bolstered by Accelerated Staking Post-Shapella Upgrade

Ethereum　　Paano Maaring Umakyat sa $3K ang Presyo ng Ethereum na Pinalakas ng Pinabilis na Pag-upgrade ng Staking Post-Shapella　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The largest smart contracts token, ETH, is down 0.4% on Tuesday after bulls lost the battle around $1,900. Despite the pullback from the weekly high of $1,943, Ethereum price still upholds an 8% gain in seven days.　　As the price wobbles at $1,865 and traders usher in the European session, Ethereum price is facing two conflicting scenarios.　　Reclaiming resistance above $1,900 could clear the path to $2,000. On the flip side, losing support at the 100-day Exponential Moving Average (EMA), which is grounded at $1,800, might leave ETH vulnerable to declines targeting lower likes such as $1,730 and $1,600.　　Ethereum Staking Accelerates Post-Shapella Upgrade　　According to blockchain research platform Messari, Ethereum staking has been improving since the Shapella upgrade, which occurred in April. Before this network update that allowed investors to freely stake and unstake Ether, “staking growth was slow and perceived as riskier.”　　However, market conditions changed and improved drastically following the implementation of the Shapella upgrade. Users now have the freedom to “comfortably stake and unstake ETH,” thus accelerating the rate of staking.　　On-chain data reveals that May 2023 saw

2023-06-27Ethereum

Ethereum Price Lacks Momentum Above $1,900 But Dips Likely To Be Limited

Pinagmulan: ETHUSD sa TradingView.com　　The key breakout zone is still near the $1,920 and $1,930 levels. If the bulls manage to pump Ethereum above the $1,930 zone, the price might gain bullish momentum. The next resistance sits near $2,000, above which the price could rise toward the $2,050 level. Any more gains could send Ether toward the $2,120 resistance.　　Marami pang Pagkawala sa ETH？　　Kung mabigo ang Ethereum na i-clear ang $1,900 resistance, maaari itong magpatuloy pababa. Ang paunang suporta sa downside ay malapit sa antas na $1,850.　　The next major support is near the $1,840 level. If there is a move below $1,840 and the recent low, the price could test $1,790. Any more losses may perhaps send the price toward the $1,750 support.　　Teknikal na tagapagpahiwatig　　Oras ng MACD - Ang MACD para sa ETH / USD ay nawawalan ng momentum sa bearish zone.　　Oras ng RSI - Ang RSI para sa ETH / USD ay nasa itaas na ngayon ng 50 antas.

2023-06-27Ethereum

Ethereum sees major developments as analysts show optimism

Ethereum　　Ethereum sees major developments as analysts show optimism　　4 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereum (ETH) is making significant strides despite the broader downturn in the crypto market. According to Altcoin Daily, a widely followed crypto-focused YouTube channel, several factors are converging to suggest a potentially optimistic future for the worlds second-largest cryptocurrency by market cap.　　Analysts cited in the video predict that Ethereums price could reach an all-time high of $3,000 as the balance of ETH on exchanges drops to an all-time low of 12.6%. This reduction in available tokens for selling is generally considered a bullish indicator.　　However, this trend doesnt solely signify positive market sentiment. Recent regulatory crackdowns on major centralized exchanges like Binance and Coinbase have led many investors to withdraw their ETH to private wallets. These actions, while contributing to the decrease in exchange balances, also underscore growing concerns over regulatory scrutiny in the crypto industry.　　Meanwhile, the proportion of staked ETH has seen a significant rise, now representing 19.1% of the total supply. This increase is attributed to the Ethereum networks upgrade in April, which introduced a more efficient staking mechanism, promoting greater network participation and security.　　Financial giant JP Morgan is an interesting player in the crypto

2023-06-27Ethereum

Ethscriptions launched on Ethereum, tradecurve prices up 20%

Ethereum　　Inilunsad ang mga ethscription sa Ethereum, tumaas ng 20% ang mga presyo ng tradecurve　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Launched on June 17 and inspired by Bitcoin Ordinals inscriptions, Ethscriptions offer a new way to mint non-fungible tokens (NFTs) on Ethereum. As Tradecurve enters stage 4 of its presale, TCRV, its native token, is already up 80% since launch. The hybrid exchange offers borderless market access without users complying with the know-your-customer (KYC) requirements.　　Bumili ng mga token ng TCRV ngayon　　What are Ethscriptions？　　Developed by Tom Lehman, also a co-founder of Genius.com, nearly 30,000 Ethscriptions were created within the first 24 hours after the protocol went live. Ethscriptions assets utilize the data within a smart contract, allowing for a cheaper minting process than conventional methods.　　At the time of writing, image-only inscriptions with less than 96 kilobytes in size are the maximum possible. However, the protocol will allow for different file types in the future. It remains to be seen if Ethscriptions can match Bitcoin Ordinals, which surged from zero to 10 million in less than six months.　　The initial project introduced on Ethscriptions was “Ethereum Punks,” and all 10,000 assets were sold in a flash. One side effect of the Ethscriptions may

2023-06-27Ethereum

Ethereum (ETH) Surges 59% in Year, Heres What to Expect

Ethereum　　Tumataas ang Ethereum (ETH) ng 59% sa Taon, Narito ang Dapat Asahan　　11 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ayon sa CoinGecko data, the second largest cryptocurrency, Ethereum, has gained 59% year to date. Bitcoin, on the other hand, saw gains of 84% year-to-date.　　Top 10 crypto performance, year-to-date ????　　Nasa kalagitnaan na tayo ng 2023, kasama ang #Bitcoin at #Ethereum nakakakuha ng 84% at 59% ayon sa pagkakabanggit.　　Saan mo makikita ang market heading sa susunod？ pic.twitter.com/mYgdXyfZWt　　- CoinGecko (@coingecko) Hunyo 26, 2023　　The past week was quite significant for the crypto industry, as prices made a rebound following BlackRocks Bitcoin spot ETF application.　　Since June 15, ETH has been on a steady rise. The gains escalated after ETH resolved a bullish pennant that saw three consecutive days of gains, with highs of $1,901 attained on June 21 before the bulls took a pause.　　As it stands, the price of Ethereum is gradually building another pennant, which suggests ongoing consolidation. For the past five days, ETHs price has fluctuated between $1,861 and $1,936.　　Like before, Ethereum may resolve this bullish pennant to the upside with a target above the $2,000 mark in mind. On the downside, Ethereum has immense support near the $1,855 range, where 3.36 million ETH

2023-06-27Ethereum

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