Balita sa Industriya ng Crypto at Market Trends

Top Trader Predicts Rallies for Ethereum and Broader Altcoin Markets – But There’s a Catch

crypto Ethereum　　Ang Nangungunang Mangangalakal ay Hinulaan ang Mga Rali para sa Ethereum at Mas Malapad na Altcoin Markets – Ngunit May Mahuhuli　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　A closely followed crypto strategist is predicting a burst to the upside for Ethereum (ETH) and the altcoin markets in general.　　Pseudonymous analyst Credible tells his 340,600 Twitter followers that he believes Ethereum is gearing up for a strong rally.　　Although Credible is currently bullish on ETH, he says that the top altcoin will likely witness a significant retracement after hitting his target.　　According to Credible, his view on Ethereum reflects his outlook on the broader altcoin markets.　　Looking at the traders chart, he appears to predict an Ethereum surge to above $2,000 before it corrects all the way down to around $1,500.　　Sa oras ng pagsulat, ang ETH ay nakikipagkalakalan sa halagang $1,809.　　As for Bitcoin (BTC), Credible still holds the contrarian view that the crypto king will likely print fresh all-time highs this year.　　Sa oras ng pagsulat, ang Bitcoin ay nakikipagkalakalan sa halagang $26,944.

2023-05-17Ethereum

Ethereum Rises Above $1,700 But Remains Range Bound

The Ethereum price (ETH) has climbed above the $1,700 support level after a price decline on May 11.　　Pangmatagalang pagsusuri ng presyo ng Ethereum: bearish　　Since the price decline on May 11, the largest altcoin has fluctuated between $1,700 and $1,880. At the time of writing, the Ether price is hovering around $1,807. The upside momentum will encounter resistance near the $1,880 high or the moving average lines. Ether price will resume its uptrend if it rises above the moving average lines. Buyers have maintained the current downside support. The extended end of the May 12 candle indicates active buying at reduced prices. The trend within the trading range will continue until Ether experiences a price recovery or breakout in the meantime.　　Pagsusuri ng mga tagapagpahiwatig ng Ethereum　　On the Relative Strength Index for period 14, the largest altcoin is at level 43. The RSI has not moved due to the consolidation above the support at $1,700. The price bars are currently below the moving average lines as Ether fluctuates in a range. Ether is moving up above the daily stochastic level of 80. The altcoin has moved into the overbought zone of the market and could fall.　　Teknikal tagapagpahiwatig:　　Mga antas ng pangunahing paglaban -

2023-05-16Ethereum

Ethereum yields set to skyrocket in new crypto cycle – Cryptopolitan

crypto Ethereum　　Ethereum yields set to skyrocket in new crypto cycle – Cryptopolitan　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　As the world grapples with the relentless squeeze on traditional banking yields, the digital universe presents an enticing alternative. Ethereum, a leading player in the cryptosphere, is set to witness a surge in yields, attracting attention from investors worldwide.　　The persistent pressure on zero-yield bank deposits shows no signs of abating. As a result, Ethereum yields are poised to become the new attractive destination for investors. Currently, investors are fleeing bank deposits for U.S. Treasury money markets.　　However, as the Ethereum yield economy becomes more mainstream, analysts Gautam Chhugani and Manas Agrawal of Bernstein predict an upswing in demand for ETH deposits and ETH yields.　　The duo emphasizes that in the “hierarchy of yields,” money market yields, particularly at peak rates, are typically the preferred choice for investors. However, these yields are denominated in U.S. dollars, a fiat currency base.　　By contrast, Ethereum provides an innovative alternative with its yield denominated in ETH, a deflationary cryptocurrency, thus offering investors a potential safeguard against fiat currency depreciation.　　A critical component driving ETH yields is the increasing activity within the Ethereum ecosystem. Retail and institutional investors alike are contributing

2023-05-16Ethereum

Declining euro value of Bitcoin and Ethereum

Bitcoin Ethereum　　Declining euro value of Bitcoin and Ethereum　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Although the euro has depreciated slightly against the dollar in recent weeks, this has not affected the value of Bitcoin and Ethereum.　　In fact, the value of euro prices of the two major cryptocurrencies are still down, despite the slight devaluation of the euro.　　The bulk of fiat currency trading in the crypto markets takes place in dollars, so it is generally preferred to take the dollar price of cryptocurrencies as a reference point.　　When exchange rates between other fiat currencies and US dollars are stable, the trend is also quite similar for euro prices, but sometimes exchange rates vary and also impact fiat currency cryptocurrency prices.　　At the beginning of May, the euro was back above $1.1, which is a level it had recovered around mid-April, and between ups and downs had managed to hold for about four weeks.　　But starting on 9 May it fell below $1.1, until it touched $1.085 on Friday.　　From then until today it has still not managed to get back above $1.09.　　This is a very small devaluation of only 2%, but significant because it happened relatively quickly for the fiat currency market.　　It is worth noting

2023-05-16Ethereum

Lido Staked Ethereum Withdrawals Stressed Crypto Market, LDO Price Jumps 10%

crypto Ethereum　　Lido Staked Ethereum Withdrawals Stressed Crypto Market, LDO Price Tumalon ng 10%　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The largest Ethereum staking protocol Lido enabled staked Ethereum withdrawals as the Lido V2 upgrade officially went live on the Ethereum mainnet late Monday. Lido V2 upgrade primarily improves the Ethereum staking experience while increasing decentralization and unstake stETH to withdraw Ethereum (ETH) at a 1:1 ratio.　　Users can unstake their stETH or wstETH through withdrawals on Lido directly without any fee. After unstaking stETH, they will receive ETH at a 1:1 ratio. The withdrawal process will take 1 to 5 days under normal circumstances. Currently, the waiting time is 1 to 2 days.　　Staked Ethereum Withdrawals from Lido　　After the Ethereum Shanghai mainnet upgrade on April 12, Lido didnt enable withdrawals as it was undergoing audits. Lido said it will enable Ethereum withdrawals by May end.　　Data from Parsec, the average ETH withdrawal from Lido was 200 ETH in the early hours of enabling withdrawals. On Tuesday, Ethereum withdrawals jumped significantly higher and recorded 3400 ETH worth over $6 million in just an hour during Asias morning hours.　　Mga withdrawal ng ETH sa Lido. Pinagmulan: Parsec　　Beleaguered crypto firms such as Three Arrows Capital (3AC) and

2023-05-16Ethereum

Ang Pagbawi ng Presyo ng Ethereum ay Maaaring Malapit nang Mahina Kung Nabigo ang ETH na Malampasan ang $1,850

Ethereum is currently facing a strong barrier near the $1,850 resistance zone.　　Ang presyo ay kinakalakal sa ibaba $1,820 at ang 100-oras na Simple Moving Average.　　Mayroong isang pangunahing pagtaas ng channel na bumubuo sa suporta na malapit sa $ 1,800 sa oras-oras na tsart ng ETH / USD (feed ng data sa pamamagitan ng Kraken).　　The pair could start a steady decline if there is a clear move below the $1,800 support.　　Ethereum Price Faces Uphill Task　　Ethereums price started a decent upward move from the $1,750 support zone. ETH climbed higher above the $1,800 and $1,820 resistance levels, similar to Bitcoin.　　However, the bears were active near the $1,840 and $1,850 resistance levels. A high is formed near $1,847 and the price is now moving lower. There was a drop below the $1,825 and $1,820 levels. The price declined below the 50% Fib retracement level of the upward move from the $1,785 swing low to the $1,847 high.　　Ether price is now trading below $1,820 and the 100-hourly Simple Moving Average. There is also a key rising channel forming with support near $1,800 on the hourly chart of ETH/USD.　　Pinagmulan: ETHUSD sa TradingView.com　　Immediate resistance is near the $1,820 level or the 100 hourly SMA. The next

2023-05-16Ethereum

US Senators Reintroduce Accountability for Cryptocurrency in El Salvador (ACES) Act – News Bitcoin News

Bitcoin　　US Senators Reintroduce ‘Accountability for Cryptocurrency in El Salvador (ACES) Act’ – News Bitcoin News　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　U.S. Senators Jim Risch and Bob Menendez have reintroduced the “Accountability for Cryptocurrency in El Salvador Act,” known as the “ACES Act,” for discussion in the Senate. The piece of legislation seeks to examine the level of adoption of bitcoin as a legal tender in El Salvador and how this might affect the financial stability of the country.　　‘Accountability for Cryptocurrency in El Salvador (ACES) Act’ Reintroduced in U.S. Senate　　U.S. Senators Jim Risch and Bob Menendez have reintroduced the “Accountability for Cryptocurrency in El Salvador Act,” also known as the “ACES Act,” to be discussed in the U.S. Senate. The piece of legislation, that was previously presented to Congress on March 23, 2022, seeks to examine the process applied to make bitcoin legal tender in El Salvador, as well as its effect on the economy of the country.　　When reintroducing the ACES Act, U.S. Senator Jim Risch reinforced the perceived need to assess the possible effects of using crypto as legal tender. He stated:　　We must seek greater clarity on how the adoption of bitcoin as legal tender may impact El Salvador‘s

2023-05-16Industriya

OpenAI preps release of open source AI model: Report

Tech　　Inihahanda ng OpenAI ang paglabas ng open source na modelo ng AI: Ulat　　13 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　An open-source artificial intelligence (AI) model is reportedly being prepared for public release by OpenAI, the firm behind the AI chatbot ChatGPT.　　In a May 16 report in The Information citing a person with knowledge of the plan, OpenAI is undertaking the move as pressure mounts from competing open-sourced AI models, such as those from Meta released in February.　　The timeline of when the model would be released was not reported.　　It was said OpenAI‘s open-source model would likely not be competitive with its flagship ChatGPT product as the firm’s value comes from being able to sell access to its more sophisticated models.　　Earlier in May, a leaked document from Google senior software engineer Luke Sernau pointed to open-source AI models as a significant threat to the companys own AI efforts.　　Sernau said while Google was distracted by its competition with OpenAI, open-source AI models quietly, quickly and significantly advanced.　　Cointelegraph contacted OpenAI for comment but did not immediately receive a response.　　Ito ay isang umuunlad na kuwento, at ang karagdagang impormasyon ay idaragdag kapag ito ay magagamit.

2023-05-16Industriya

Google Billionaire Sergey Brin Gifts $600 Million in Surging Shares

Pananalapi　　Ang Bilyonaryo ng Google na si Sergey Brin ay Nagregalo ng $600 Milyon sa Lumalagong Bahagi　　10 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　(Bloomberg) — Google co-founder Sergey Brin gifted Alphabet Inc. shares worth roughly $600 million on Thursday during a week that saw his wealth grow by the most in over two years.　　Karamihan Basahin mula sa Bloomberg　　The gift, disclosed in a filing Monday, doesnt specify who received the 5.2 million shares, which were evenly split between newly converted Class A stock and Class C stock. They could be directed to charity, or given to other financial vehicles or trusts.　　Google didnt respond to a request for comment on the filing.　　Brin and co-founder Larry Page saw their wealth surge by a combined $18 billion last week, their biggest gain since February 2021, after investor frenzy around artificial intelligence boosted Alphabets stock. The day before his share gift, the Mountain View, California-based company announced a more conversational search engine and said it was making its AI-powered chatbot more broadly available.　　Brin‘s net worth is now $100.7 billion, according to the Bloomberg Billionaires Index. His fortune, the ninth-highest in the world, is largely made up of a combination of Class B and Class C shares

2023-05-16Industriya

SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC

Bitcoin Ethereum　　SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The debt ceiling negotiations in the United States are keeping traders on the edge. JPMorgan Chase CEO Jamie Dimon recently told Bloomberg on May 11 that a possible sovereign default by the U.S. government could create panic in the stock markets, resulting in heightened volatility.　　The next big question troubling crypto investors is how will Bitcoin react to such an event. Bloombergs latest Markets Live Pulse survey indicates that Bitcoin (BTC) could be the third most preferred asset class behind Gold and U.S. Treasuries should the U.S. government fail to prevent a debt default.　　Billionaire fund manager Paul Tudor Jones Sinabi CNBC that he is holding his Bitcoin and will always have some portion of his portfolio in it.　　What are the important support and resistance levels to watch for in the S&P 500 Index (SPX), Bitcoin, and the major altcoins？ Lets study the charts to find out.　　S&P 500 Index price analysis　　The S&P 500 Index has been trading near the 20-day exponential moving average (4,118) for the past few days. This suggests a tough battle between the bulls and the bears for supremacy in the near

2023-05-16Ethereum

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