Balita sa Industriya ng Crypto at Market Trends

Ethereum dips below $1.8k, CZ optimistic on an ETH rally

Ethereum　　Ang Ethereum ay bumaba sa ibaba $1.8k, CZ optimistic sa isang ETH rally　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　magbahagi　　Ethereum, the altcoin king, is facing a rather turbulent market session today, recording losses of over 3% within the last 24 hours.　　ETH, trading at $1760 as of press time, recorded a decrease of 3.18% as it sat on a weekly loss of 7.3%. ETHs trading volume dropped by over 8% within the same period.　　Ethereum‘s volatility levels are rising amid its bearish trend today, with the Bollinger bands utilized in the estimation of market volatility diverging away from each other, displaying the uncertainty on ETH’s network.　　The relative strength index also moves below its average line, indicating a possible bearish momentum on ethereum. The MACD indicator also backs a bearish momentum as it moves negatively, indicating much bear activity on the network.　　ETH 24-hour chart | Source: TradingViewCZ bets on an ETH rally　　However, despite the downtrend on ETH, Changpeng Zhao (CZ) has expressed optimism about the asset amid its current set of new records in the past few weeks.　　His optimistic prognosis is based on the fact that the beacon chain smart contract now has an all-time high of 19,375,242 ETH locked in it.　　According to

2023-05-12Ethereum

Ethereum Beacon Chain Issues Settle: Finality is Restored

Ethereum　　Naayos ang Mga Isyu sa Ethereum Beacon Chain: Ibinalik ang Katapusan　　17 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereum Protocol Developer Preston Van Loon tweeted the positive outcome of the developers investigation on the Ethereum mainnet issues.　　Users transactions had been blocked, and transactions were not finalized for 25 minutes yesterday.　　The developer declared that though the root cause hasnt been identified, the finality has been restored.　　Ethereum Protocol Developer Preston Van Loon declared that the Ethereum mainnet issues that have been troubling the community over the past few hours are resolved. The core developer announced that though the blockchain users were not able to complete their transactions for more than 25 minutes yesterday, the “finality has been restored.”　　On May 11, several core developers of Ethereums Beacon Chain spotted an unidentified issue that caused incomplete transactions. Though they were able to propose new blocks, the finalization was interrupted.　　Subsequent to the issue, Ethereum Beacon Chains Health Consultant Superhiz notified his followers of the mainnet issue, adding that the chain is “resilient” and would continue the transactions as usual:　　The beacon chain stopped finalizing about thirty minutes ago. I dont know why yet, but in general the chain is designed to be resilient against this, transactions will

2023-05-12Ethereum

Crypto Analyst Says One Ethereum Rival Primed for Explosive Rally, Updates Outlook on Pepe and Chainlink

crypto Ethereum　　Sinabi ng Crypto Analyst na Isang Karibal sa Ethereum ang Nagsimula para sa Explosive Rally, Nag-update ng Outlook sa Pepe at Chainlink　　24 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Isang sikat na crypto analyst ang nagpapahayag ng bullish sentimento sa isang kamakailang inilunsad na kakumpitensya ng Ethereum (ETH).　　Ang pseudonymous na crypto trader na si Altcoin Sherpa ay nagsabi sa kanyang 11,000 subscriber sa YouTube na ang katutubong token ng layer-1 blockchain Sui (SUI) ay nakatakdang mag-pump.　　Sa tingin ko talaga, ito ay magiging napakahirap na maging tapat at tapat sa iyo. Hindi ko alam kung kailan o saan...　　Ang kabuuang float sa token na ito ay talagang napakaliit kumpara sa kabuuang supply at madali para sa mga market makers na manipulahin ang bagay na ito.　　Kayat ang maging tapat at matapat tulad ng pagbili ng isang buck o isang bagay na tulad nito ay malamang na kumikita.　　Sinabi ni Sherpa na ang SUI ay malamang na bumagsak ng higit sa 20% kung bumaba ang presyo ng Bitcoin (BTC).　　Kung ang Bitcoin ay gumawa ng isa pang hakbang, na dapat mong isaalang-alang kung ikaw ay nakikipagkalakalan ng anumang altcoin, kung gayon ito ay bababa. Iyon lang ang bottom line.　　Ito ay mapupunta sa tulad ng $0.80 –

2023-05-12Ethereum

Ethereum Crashes to 6-Week Lows Despite ETH on Exchanges Declining

Ethereum　　Ethereum Crashes to 6-Week Lows Despite ETH on Exchanges Declining　　40 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The number of ETH sitting on crypto exchanges continues to decrease and is now down to its lowest position since public trading began almost a decade ago.　　However, that has not stopped the price of the second-largest cryptocurrency from further dropping to a new 6-week low.　　reported in late March that the Ethereum supply held on exchanges had declined to just 10.31%.　　It seems investors have only continued withdrawing their ETH portions from trading platforms, as Santiment updated that the percentage has further declined to 10.1%.　　The analytics resource asserted that this is the lowest figure since the asset began public trading after its launch in 2015.　　At first, this data should sound bullish for the asset. This is because the selling pressure should be lower, given the fact that there are fewer coins sitting on trading platforms.　　However, this has not been the case for the past few days. ETH touched $2,000 less than a week ago, but the subsequent rejection pushed it down hard.　　After the CPI announcement on Wednesday, it pumped to $1,900 once again. Since then, though, ETH has plummeted by over $200 and earlier today charted

2023-05-12Ethereum

Binance CEO Hints At Ethereum Price Rally Over This Key Factor

Crypto News: To the delight of many Ethereum holders and investors, Binance CEO Changpeng “CZ” Zhao reiterated his optimism about Ethereums price rally in the coming days. This comes after the total number of ETH locked on the Beacon chain hit an all-time high of 19,375,242 ETH.　　Locked ETH Hits Record High　　As per the insights provided by the crypto analytics platform Nansen, the amount of Ethereum tokens that are currently locked has surpassed 19 million ETH. This milestone has been accompanied by a total value locked (TVL) of $27.7 billion, which comes as a significant achievement for the Ethereum network.　　It is worth noting that this has happened after a minor dip in the amount of Ethereum locked in these protocols due to recent withdrawals. This achievement holds significant implications for Ethereum and its investors, particularly concerning the potential for the cryptocurrency to maintain its rapid growth trajectory.　　Ethereum Price Rally Soon？　　The CEO of the worlds largest cryptocurrency exchange recently shared his thoughts on the new record-breaking milestone of locked Ethereum tokens in the Beacon smart contract. On Thursday, the 46-year-old crypto entrepreneur made a statement that hinted at the possibility of a subsequent price increase for Ethereum. His comment, “Locked ETH at

2023-05-11Ethereum

ETH, BTC Fall to Multi-Week Lows, Following US Inflation Data – Market Updates Bitcoin News

Ethereum fell below $1,800 in todays session, as markets continued to react to the latest U.S. consumer price index. Inflation in the United States fell to 4.9% in April, less than the 5% sum many had expected. Bitcoin was also lower on the data, falling below $27,000.　　Bitcoin　　Bitcoin (BTC) briefly dropped below $27,000 late on Wednesday, as markets reacted to the latest U.S. inflation report.　　After an earlier high of $28,322.69, BTC/USD slipped to an intraday low of $26,883.67 towards the close of yesterdays session.　　This move saw bitcoin drop to its weakest point since March 28, when price was at a low of $26,640.　　BTC / USD - Daily Chart　　Since this earlier decline in price, BTC has since rebounded, and is currently trading at $27,494.24.　　From the chart, this appears to be due to the relative strength index (RSI), which is now tracking at 41.91, and close to reentering a floor at 43.00.　　Should this occur, there is a strong possibility that the worlds largest cryptocurrency could be back above $28,000.　　Ethereum　　Additionally, ethereum (ETH) also fell to a multi-week low in todays session, dropping below $1,800 in the process.　　ETH/USD slipped to a bottom at $1,795.67 late on Wednesday, following an earlier peak of $1,886.80.　　As a result

2023-05-11Ethereum

Bitcoin mempool starts to clear as fee paid per block falls back to one

This past week has been extremely wild in Bitcoin, with the emergence of BRC-20 tokens surpassing a $500 billion market cap.　　This has added momentum with Ordinals that started at the beginning of the year.　　reported that miners received more Bitcoin in transaction fees than block rewards.　　However, using Glassnode data, we can see the average fees paid per block has returned to 1.0 Bitcoin per block.　　According to James Check analyst at Glassnode, 　　Average Fee Paid Per Block: (Source: Glassnode)　　The post Bitcoin mempool starts to clear as fee paid per block falls back to one appeared first on CryptoSlate.

2023-05-11Bitcoin

Ethereum Could Be Heading to ‘Opportunity Zone’ Amid One Historically Bearish Signal: Santiment

One metric indicates Ethereum (ETH) could be heading into an “opportunity zone,” according to the crypto analytics firm Santiment.　　The firm notes in a new analysis that ETHs 30-day market value to realized value (MVRV), which traders use to detect overbought or oversold conditions, is now out of the “danger zone” and headed towards the “opportunity zone,” an area where ETH prices have historically bottomed out.　　MVRV is the ratio of an assets current market cap divided by its realized capitalization – i.e. the value of all measured ETH at the price they were bought. MVRV 30-Day is a timebound metric that only analyzes that ratio among tokens that have moved at least once in the past 30 days.　　Santiment also notes that ETHs recent local price top magkasabay with the Ethereum Foundation moving 14,999 ETH to the crypto exchange Kraken over the weekend.　　Pinagmulan: Santiment / Twitter　　The last three times a significant amount of ETH left the Ethereum Foundation wallet, it marked local price tops, according to the analytics firm. Santiment does clarify, however, that Ethereum Foundation transactions prior to that did not indicate price tops.　　Ang Ethereum ay nakikipagkalakalan sa $1,831 sa oras ng pagsulat. Ang pangalawang-ranked na crypto asset ayon sa market

2023-05-11Ethereum

Binance Cuts ETH Staking Withdrawal Time, Will Prices Go Down?

Binance has announced a reduction in the processing time for ETH Staking withdrawal requests to just five days from the initial 15 days, starting from May 18, 2023. This move is expected to increase user satisfaction and adoption of ETH Staking but will the staked Ethereum withdrawals push more selling pressure on the ETH price？　　The exchange also plans to further reduce the processing time to better serve users. The processing time is subject to change based on network demand. Binance also mentioned conditions like users cannot cancel their withdrawal requests.　　Potential Impact On Traders　　With the processing time for ETH staking withdrawals reduced from 15 days to 5 days, users will be able to access their funds faster. This will provide more flexibility for traders and investors, who may want to use their ETH for other purposes, such as buying other cryptocurrencies or paying bills.　　This move could result in more liquidity in the market. This could be especially beneficial for traders who need to quickly move in and out of positions, as they will be able to access their funds faster.　　What About ETHs Price？　　The reduction in the processing time for ETH staking withdrawals by Binance may have a positive impact on the

2023-05-11Ethereum

Buying a car with Bitcoin gets $3.7M fine, prison time in Morocco

A crypto user who purchased a luxury car with Bitcoin (BTC) faces 18 months in prison and a $3.7 million fine in Morocco, which still considers the use of crypto as an illegal act.　　A recent report by Euronews stated the Casablanca Court of Appeal had upheld the conviction of Thomas Clausi, a 21-year-old French citizen, on charges of fraud and illegal use of cryptocurrency.　　According to Clausis lawyer, Mohamed Aghanaj, the court confirmed the verdict last week. This decision indicates that the Moroccan judicial system is taking a strong stance against cryptocurrency use in the country.　　Using BTC to purchase a Ferrari resulted in Clausis arrest in 2021, as Moroccan customs deemed the use of cryptocurrency to be an unlawful transfer of funds. Clausi was imprisoned in December 2021 on charges of “fraud” and “use of foreign currency for payment within Moroccan borders,” with a prison sentence and a fine handed down in October of the same year.　　| Un français a été condamné par la Chambre criminelle du tribunal de Casablanca à une peine de 18 mois de prison assortie d‘une amende de 3,4 millions d’euros.　　Il a été condamné pour escroquerie et dusage illégal de crypto-monnaie.　　Il a vendu sa Ferrari en échange

2023-05-11Bitcoin

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