Ethereum Price Indicators Show Vulnerability to Bigger Correction

Ethereum  Ethereum Price Indicators Show Vulnerability to Bigger Correction  Ethereum struggled to settle above the $1,925 and $1,940 resistance levels.  Ang presyo ay kinakalakal sa ibaba $1,880 at ang 100-oras na Simple Moving Average.  Nagkaroon ng pahinga sa ibaba ng isang pangunahing linya ng trend ng trend na may suporta na malapit sa $ 1,895 sa oras-oras na tsart ng ETH / USD (feed ng data sa pamamagitan ng Kraken).  The pair could continue to move down if it clears the $1,800 support zone.  Ethereum Price Drops Again  Ethereums price started a fresh increase above the $1,850 zone. ETH struggled to settle above the $1,925 and $1,940 resistance levels, similar to Bitcoin at $29,500.  A high was formed near $1,939 and the price started a fresh decline. There was a sharp decline below the $1,900 and $1,880 levels. Besides, there was a break below a key bullish trend line with support near $1,895 on the hourly chart of ETH/USD.  A low is formed near $1,825 and the price is now consolidating losses. Ether price is now trading below $1,880 and the 100-hourly Simple Moving Average.  Immediate resistance is near the $1,850 level. It is close to the 23.6% Fib retracement level of the recent decline from the $1,939 swing high

2023-05-01Ethereum

Bulls Reign Over ETH Market as the Coin Continues to Surge – Cryptopolitan

crypto Ethereum  Bulls Reign Over ETH Market as the Coin Continues to Surge – Cryptopolitan  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The Ethereum price analysis is bullish for today as an increase in price has been observed. The market has followed the bullish trend since early today, and the coin has gained significant value since then, as bulls continue their surge. The token is currently trading at $1,927, with a 24-hour surge of 1.69 per cent, indicating a strong market sentiment. The bulls have taken control of the market, and it looks like they are ready to push the ETH price further up.  The last few hours of trading have been relatively positive for the bulls, with the daily trading volume reaching up to 5.54 billion dollars, an increase of more than 8.11 per cent from yesterday. This indicates that the buying pressure is strong, and the market sentiment is becoming increasingly bullish. The market cap for the token stands at $231 billion, with the total circulating supply at 120 million.  The 24-hour Ethereum price analysis shows a strong bullish trend as the ETH price rallies above $1,924. The current market sentiment is highly positive and it looks like the bulls might take

2023-05-01Ethereum

Core Market Makers Begin Longing Bitcoin and Ethereum At Current Levels According To Avorak AI

Bitcoin Ethereum  Core Market Makers Begin Longing Bitcoin and Ethereum At Current Levels According To Avorak AI  37 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  According to Avorak AI reports, core market makers are showing bullish sentiment towards Bitcoin and Ethereum, with many beginning to go long at current price levels. This indicates a growing confidence in the future of these two cryptocurrencies, despite recent market volatility. Bitcoin and Ethereum are the most widely traded cryptocurrencies, and positive market sentiment towards them will likely impact the overall cryptocurrency market.  Avorak AI  Avorak (AVRK) is a one-stop shop for easy-to-use AI tools that simplifies human-led tasks. Avorak Trade is its flagship solution to crypto trading, giving all users, whether newbie or experienced, an equal opportunity to access the market overview. Traders can gain 24/7 market monitoring, accurate analysis, and profitability by deploying Avorak trade bots. The bots can easily analyze voluminous, historical, and present information to help traders operate confidently in any crypto market. AI trading bots help eliminate emotion from the trading process. Emotions such as fear and greed can often cloud judgment, leading to poor decision-making. AI bots make decisions based solely on data and pre-set parameters, eliminating the impact of emotions. Trading bots

2023-04-30Ethereum

Ethereum Full-Staked Withdrawals: CEXs Responsible for 88%

Ethereum  Mga Full-Staked Withdrawal ng Ethereum: Mga CEX na Responsable para sa 88%  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Centralized exchanges — Kraken, Binance, and Coinbase — are responsible for roughly 90% of the full-staked Ethereum withdrawals on the Beacon Chain, according to data compiled by 21 Shares Research.  A Research Analyst at 21Co, Tom Wan, noted that these exchanges were responsible for withdrawing over 877,000 ETH — amounting to 87.5% of all ETH that has been fully removed.  Kraken Leads Exited Validators  In terms of validator exits, Kraken tops the list with over 15,000 exited validators. This is three times higher than the closest entity to it, Binance, which has only seen 5,676 validators exit — Coinbase rounds off the top three with 2,849.  Full Staked Ethereum Withdrawals (Source: Nansen)  Meanwhile, Nansens Shapella dashboard shows that these exchanges are only responsible for 77.8% — 785,742 ETH — of these complete withdrawals.  Regulatory Struggles Forcing Exchanges Withdrawals  These centralized exchanges staked ETH full withdrawals, and validator exits are unsurprising considering the regulatory shakedown they are experiencing in the United States.  The U.S. Securities and Exchange Commission (SEC) fined Kraken $30 million for failing to register its staked ETH service. Due to this, the exchange said it was processing withdrawals

2023-04-30Ethereum

Ethereum Price Prediction as we enter the 1st week of May: ETH UP?

Ethereum  Prediction ng Ethereum Presyo sa pagpasok natin sa unang linggo ng Mayo: ETH UP?  7 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The month of April 2023 was a crucial time for the cryptocurrency market. April 2023 marked a consolidation phase for many digital assets. Cryptocurrencies had seen a tremendous increase in prices since the beginning of the year, and April came to cool off the buying frenzy. Although some investors may have been disappointed with the lack of significant movement in the market, it is essential to note that this month can be considered as a preparation for the higher prices that are likely to come. In particular, Ethereum prices consolidated in April and barely moved, which may be a sign that the digital asset is gearing up for a significant price surge. How will Ethereum perform in May 2023? Lets analyze in this Ethereum price prediction article.  How did Ethereum Perform in April 2023?  Ethereum started the month of April 2023 with a price of around $1,850, and it has been a relatively stable month for the cryptocurrency. As we close the month of April and enter May 2023, Ethereum is currently hovering around a price of $1,910, which represents a slight

2023-04-30Ethereum

Cardanos Hoskinson Built Nothing for Ethereum, Vogelsteller Claims

Ethereum  Cardanos Hoskinson Built “Nothing” for Ethereum, Vogelsteller Claims  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Alex Dovbnya  Ethereum co-founder Fabian Vogelsteller has ignited a debate within the crypto community by challenging Cardano creator Charles Hoskinsons contributions to Ethereum  Ethereum co-founder Fabian Vogelsteller recently kinuha sa Twitter to dispute the contributions of Charles Hoskinson, the creator of Cardano, to the Ethereum project.  In a tweet, Vogelsteller stated that Hoskinson “was never really a founder of Ethereum” and that he “built literally nothing for Ethereum that I am aware of.”  The crypto veteran went on to suggest that only he and Gavin Wood, the creator of Polkadot, should be recognized as Ethereums true founders alongside Vitalik Buterin.  Vogelstellers comments came in response to a tweet that listed the market capitalizations of various blockchain projects created by original Ethereum Foundation members, including Cardano, Polkadot, and Lukso.  In a follow-up tweet, Vogelsteller clarified that his statements were not meant to offend anyone, but rather to emphasize the facts surrounding the early development of Ethereum.  Hoskinson fires back at Vogelsteller  In response to Vogelstellers claims, Charles Hoskinson, the CEO of IOHK and the creator of Cardano, took to Twitter to express his thoughts.  He sarcastically thanked Vogelsteller for his opinion on his worth and contributions

2023-04-30Ethereum

Arbitrum Surpasses Ethereum Network in Total Transactions Processed – Cryptopolitan

Ethereum  Nahigitan ng Arbitrum ang Ethereum Network sa Kabuuang Mga Transaksyon na Naproseso – Cryptopolitan  29 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Layer-2 scaling protocol Arbitrum One has recently shared its latest performance report, demonstrating how it surpasses the Ethereum network in terms of total transactions processed. According to the report, Arbitrum One protocol processed a total of 1.26 million transactions in a week, while the Ethereum network processed just 939,000.  This performance gap highlights the limitations of the Ethereum networks scalability despite the recent transition to the Proof-of-State consensus model. The emergence of Layer-2 protocols like Arbitrum has offered a solution to these limitations, and there is currently a prominent war amongst the L2 protocols resident on the Ethereum mainnet.  The limitations of the Ethereum networks scalability have been a major factor in the emergence of Layer-2 protocols. These protocols are built on top of the main Ethereum network and offer better scalability, faster transaction processing times, and lower gas fees. This has resulted in a prominent war amongst L2 protocols like Arbitrum, Optimism, Polygon zkEVM, zkSync, and Loopring, among others, to offer better scalability and faster transaction processing times.  Arbitrums latest performance report highlights its lead among L2 protocols in terms of transaction

2023-04-30Ethereum

If U.S. defaults on debt Bitcoin could rise nearly 70%, says Standard Chartered analyst

Bitcoin bulls have had a good year so far. If the U.S. defaults on its debt, it could get even better, at least in terms of their Bitcoin investment.  Higit pa mula sa Fortune: 5 side hustles kung saan maaari kang kumita ng higit sa $20,000 bawat taon—lahat habang nagtatrabaho sa bahay Naghahanap ka ba ng dagdag na pera? Ang CD na ito ay may 5.15% APY ngayon. Bumili ng bahay? Narito kung magkano ang matitipid Ito ay kung gaano karaming pera ang kailangan mong kumita taun-taon para kumportableng makabili ng $600,000 na bahay  That‘s according to Geoff Kendrick, Standard Chartered’s head of digital assets research. He told Insider this week that a U.S. default—which he called a “low-probability, high-impact event”—could cause Bitcoin to jump by about $20,000, an increase of nearly 70% from current levels.  Bitcoin started the year at well below $17,000 but is now hovering near $30,000. Thats still well off its all-time high of nearly $69,000 in November 2021, and some investors who bought Bitcoin around then are no doubt still licking their wounds.  Bitcoin, Kendrick predicted, would fare well even if overall cryptocurrencies, which trade more like stocks, did not. “So actually, the optimal trade would probably be long

2023-04-30Industriya

FDIC alleges Cross River engaged in unsafe lending practices

The Federal Deposit Insurance Corporation (FDIC) has requested Cross River Bank – known for its services to fintech and crypto firms like Visa and Coinbase – to “self-correct” and “appropriately address” weaknesses in its lending activities.  On April 28, the FDIC made public a consent order executed with Cross River Bank on March 8, alleging that the bank engaged in “unsafe” or “unsound” banking practices related to its compliance with applicable fair lending laws and regulations in 2021.  Despite accepting the consent order, Cross River has yet to admit nor deny the violations discovered in the 2021 report of examination. It was noted:  “The FDIC considered the matter and determined, and the Bank neither admits or denies, that it engaged in the unsafe or unsound banking practices related to its compliance with applicable fair lending laws and regulations”.  The order states that the bank must immediately take action to “increase” its focus on its “system of internal controls, information systems, credit underwriting practises, and internal audit systems related to the consumer protection laws and regulations.”  Furthermore, the bank is required to monitor its compliance with fair lending laws and promptly “self-correct” any violations.  Cross River was ordered to “appropriately address” the deficiencies and weaknesses identified in

2023-04-30Industriya

Cosmos Hub, Polkadot [DOT], and its impact on ATOM: Analyzing it all

Cosmos Hubs IBC (Inter-Blockchain Communication Protocol) technology has been used by Composable Finance to launch a Polkadot [DOT] – Kusama connection. It is noteworthy that this is the first implementation of the IBC protocol outside the Cosmos network.  #Polkadot ay paparating na sa #Interchain@ComposableFin successfully launched the first PolkadotKusama connection via #IBC  This is the first IBC implementation outside of #Cosmos ⚛️  Meet IBC: The Standard of Blockchain Interoperability!  - Cosmos - Internet ng Blockchains ⚛️ (@cosmos) Abril 28, 2023  Basahin ang Prediction ng [ATOM] ng Cosmos 2023-2024  The Polkadot connection  This connection is expected to improve interoperability between the two blockchain networks. The integration of these two networks is likely to establish a new benchmark for relay chain interoperability in DotSama.  The integration of Cosmos Hub‘s technology on the Polkadot network could improve the markets’ sentiment towards the Cosmos Hub network, which was negative during press time.  Pinagmulan: Santiment  The popularity of dApps on the Cosmos network could also help increase the interest generated on Cosmos. Osmosis, a DEX built on the Osmosis network, witnessed massive improvements as its new technologies gained traction.  ProtoRev for @osmosiszone went live in the middle of March and has accrued ~$50k to date.  - Delphi Digital (@Delphi_Digital) Abril 28, 2023  However, despite the increasing interest dApps

2023-04-30Industriya
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