Ethereum Price Looks Set For Another Leg Over $2K

Ethereum is consolidating and facing resistance near the $1,925 level.  Ang presyo ay nakikipagkalakalan sa itaas ng $1,850 at ang 100-oras na Simple Moving Average.  Mayroong isang pangunahing pagkontrata ng tatsulok na bumubuo na may pagtutol malapit sa $ 1,920 sa oras-oras na tsart ng ETH / USD (data feed sa pamamagitan ng Kraken).  The pair could rally again if it clears the $1,925 resistance.  Ang Ethereum Presyo ay mananatiling suportado  Ethereums price started a fresh increase from the $1,800 support zone. ETH gained pace and was able to settle above the $1,850 resistance zone, similar to Bitcoin.  The upward move was such that the price even cleared the $1,880 resistance. A high is formed near $1,940 and the price is now consolidating gains. It is trading near the 50% Fib retracement level of the recent increase from the $1,873 swing low to the $1,940 high.  Ether price is also well above $1,850 and the 100-hourly Simple Moving Average. Besides, there is a key contracting triangle forming with resistance near $1,920 on the hourly chart of ETH/USD.  Pinagmulan: ETHUSD sa TradingView.com  Immediate resistance is near the $1,925 level and the triangle region. A close above the $1,925 level might start a fresh rally. In the stated case, the price

2023-04-28Ethereum

Ether price holds $1,820, but pro traders are skeptical about further gains

Teknolohiya  Ang presyo ng ether ay may hawak na $1,820, ngunit ang mga pro trader ay may pag-aalinlangan tungkol sa karagdagang mga pakinabang  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The Ether (ETH) price has held above $1,820 for the past three weeks, despite facing a 13.7% correction between April 18-21. Still, analyzing a broader time frame provides a more constructive view, as ETH gained 20.8% in three months while the S&P 500 stock market index stood flat. However, according to ETH options and futures metrics, the gains were not enough to make professional investors bullish.  Worsening macroeconomic conditions have driven cryptocurrencies positive momentum in 2023, including the ongoing banking crisis. According to Arthur Hayes, former CEO of crypto derivatives exchange BitMEX, if the government refuses to bail out First Republic Bank, it could set off a dangerous chain reaction of insolvencies.  Recession risks increased after the U.S. economy grew at a modest 1.1% annualized pace in the first quarter, well below the 2% expected. Meanwhile, inflation continues to hurt the economy, as the personal consumption expenditures price index rose 4.2% in the first quarter.  Driving the bearishness from whales and market makers is the diminishing total value locked (TVL) on the Ethereum network and

2023-04-28Industriya

Ethereum Aims For $2K Despite Massive Volatility! Here’s What Waiting For ETH Price Next

Ethereum  Nilalayon ng Ethereum ang $2K Sa kabila ng Napakalaking Volatility! Narito ang Susunod na Hinihintay Para sa Presyo ng ETH  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The crypto market has witnessed extreme turbulence today, experiencing massive liquidation and accumulation in the global market cap. Though Ethereum was preparing for a breakout today, a recent market plunge removed its bullish sentiments. Following Bitcoin‘s abrupt drop, Ethereum’s price also experienced a wave of panic selling spurred by false notifications from blockchain analytics company Arkham Intelligence. Their tweet claimed that Bitcoin wallets connected to the U.S. government and the Mt. Gox hack has become active once again.  Ethereum Options Market Shows Negative Sentiment  A fortnight following Ethereum‘s Shapella upgrade, the cryptocurrency options market is indicating a heightened perception of downside volatility for the smart contract blockchain’s native token, Ether (ETH), compared to the market leader, Bitcoin (BTC).  At present, options linked to Ether and Bitcoin indicate a preference for puts or bearish wagers that provide buyers with protection against price declines. However, the demand for puts in the Ethereum market is more pronounced than in the Bitcoin market.  Ether‘s one-month bearish out-of-the-money (OTM) puts carry a five-volatility-point premium over bullish OTM calls, while Bitcoin’s OTM puts hold

2023-04-28Ethereum

Endless Possibilities Are Unlocked With Avorak AI, Hedera, And Ethereum

In todays fast-paced digital world, emerging technologies are unlocking endless possibilities for businesses and individuals alike. In the world of crypto, Ethereum (ETH), Avorak AI (AVRK), and Hedera (HBAR) have ranked among the best.  Ano ang Avorak AI?  Avorak AI is a new AI platform running on the blockchain. Using blockchain technology, Avorak can securely store large amounts of data, provide enhanced security and privacy for its users, improve its database performance, reduce costs associated with its transactions, increase transaction speeds, and support seamless transfers of digital assets. Through AI algorithms, Avorak AI allows for command-line trading that doesnt require knowledge of codes and generation of short or long bodies of text in various writing styles, among many other use cases.  The Avorak Trade bot has already made quite an impression among crypto investors and traders with its ability to provide near-accurate price predictions on different crypto assets while still in development. With about a 59% win ratio, once fully operational, the AI trading bot can analyze the most suitable trading routes and make trades on behalf of its users. The AI trading bot can be used in multiple exchanges and offers enhanced security of API keys with Avoraks AI and blockchain technologies.  Avorak

2023-04-27Ethereum

Bears Rule ETH Market After Bulls Take a Break – Cryptopolitan

Ethereum  Bears Rule ETH Market Pagkatapos Magpahinga ng Bulls – Cryptopolitan  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum price analysis shows a negative trend in todays market. The Bearish pressure on ETH is still present and it appears that the bears are in control. However, there is a good chance for the bulls to take back control if they can push the price above the $1,962 resistance level.  The ETH/USD is currently trading at $1,876 and has dropped below the $1,900 level. The next major support for Ethereum is at the $1,792 mark. If the bears can break through this level and maintain their current momentum, then ETH could further slide down to the $1,700 range.  Heat map ng presyo ng Cryptocurrencies: Coin 360  In the past 24 hours, the ETH market has seen a decrease in both volume and liquidity. The total 24-hour trading volume for Ethereum stands at $15 million, which is significantly high by 56.46 per cent indicating that traders are actively trading the crypto despite the bearish pressure. However, The market capitalization of Ethereum has also dropped by 1.66 per cent to $213 billion.  The 24-hour Ethereum price analysis chart shows that the market has been in a downtrend since it

2023-04-27Ethereum

Ethereum price forecasting - The Cryptonomist

Ethereum  Ethereum price forecasting – The Cryptonomist  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  In this article we will make predictions for the future price of Ethereum, the second largest cryptocurrency by market capitalization.  In a year that seems to be off to a good start, following a disastrous bear market, ETH looks poised to climb to new heights, and who knows, perhaps to surpass Bitcoin in the rank of the most valuable crypto assets ever.  Lets shed some light on the situation.  In the first quarter of 2023 ETH, the coin that powers the ecosystem of dApps developed on top of Ethereums technology, experienced a major price increase taking it from around $1,200 at the start to the current $1,880 at which it is traded on major cryptocurrency exchanges.  In detail, since January, ETHs price action has recorded four consecutive monthly green candles, even under the assumption that the coin closes the April candle above $1820.  This situation has not been seen since 2021, a period in which the price of ETH jumped from $800 up to $2770, and then continued its upward run, albeit with some retracement, to an lahat ng oras na mataas ng $ 4868 (spot price of the ETH:USDT pair on Binance)  Beyond

2023-04-27Ethereum

Ethereum [ETH] showed chances of a bounce from this support

Ethereum  Ethereum [ETH] showed chances of a bounce from this support  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Disclaimer: Ang impormasyong ipinakita ay hindi bumubuo sa pananalapi, pamumuhunan, pangangalakal, o iba pang uri ng payo at opinyon lamang ng manunulat.  From 16 April to 25 April, Ethereum posted losses of 15.8%. The bulls managed to hold on to the $2000 support zone briefly, but prices took a tumble when Bitcoin also faced rejection at $30k.  Basahin ang Prediction ng [ETH] ng Ethereum 2023-24  Santiment data showed that the massive Ethereum inflows into exchange addresses coincided with ETH dropping below the $2080 level. In the past few hours, another large wave of inflow was spotted. Can traders expect the same outcome?  A deviation below the support zone was followed by a move toward $1900 but bulls arent wholly chipper  Pinagmulan: ETH / USDT sa TradingView  The 4-hour chart showed that the market structure was strongly bearish. A session close above $1890 would be required to flip the structure. A zone of support from earlier in April was highlighted by the yellow box.  This region had acted as a strong resistance to ETH in March.  As things stood, ETH bulls had managed to fight the bears back at least temporarily. However, the

2023-04-27Ethereum

Aave Nears Version 3.0, Ethereum Hits 11-Month High, 25M Collateral Network Tokens Already Sold 

Ethereum  Aave Nears Version 3.0, Ethereum Hits 11-Month High, 25M Collateral Network Tokens Already Sold  4 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  This week has been a noteworthy one for the cryptocurrency market, with three major news stories making headlines. Collateral Network (COLT) presale sold 25 milyong mga token, Aave (AAVE) is on the verge of launching version 3.0, and Ethereum (ETH) has hit a new 11-month high. Of these events, the Collateral Network (COLT) presale is attracting the most attention with investors eager to grab discounted COLT tokens, currently available at a price of $ 0.014 sa panahon ng ikalawang yugto ng presale, before they sell out.  Collateral Network (COLT)  Collateral Network (COLT) is ushering in a new era in the crowdlending sector sa pamamagitan ng paggamit Blockchain technology to streamline the process for both lenders and borrowers.  To borrow funds on Collateral Network (COLT), users must first provide panggarantiya as a guarantee. Fine art, jewelry and automobiles are some examples of usable assets. Once appropriate collateral is submitted, a fractionalised NFT representing the asset is minted by Collateral Network (COLT). Lenders can then invest in fractionalized portions of the NFT to accumulate the funds for the respective loans, selecting those that align with

2023-04-27Ethereum

Bitcoins Six-Week Hot Streak Ends as Institutions Turn to Ethereum

Bitcoin Ethereum  Bitcoins Six-Week Hot Streak Ends as Institutions Turn to Ethereum  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Bitcoin outflows hit $53.1 million last week—meaning that, for the first time in six weeks, more funds flowed out of digital asset investment products than in.  Profit-taking is largely to blame, especially considering there were few macroeconomic triggers that could influence BTCs price, says a new report from digital asset investment firm CoinShares.  And that would suggest that meaningfully staying above the psychologically significant threshold of $30,000 could be a tough nut to crack for bulls. As of Monday morning, Bitcoin was sliding towards $27,000 and down 9% from the last week, according to CoinGecko.  Overall, digital asset investment products saw total outflows of $30 million in the seven days through April 21—with CoinShares XBT, ProShares, and 3iQ the hardest-hit providers. The providers all manage exchange-traded products pegged to cryptocurrencies, an indirect way for institutional investors to get exposure to crypto markets without actually holding it.  But the devil‘s in the details. According to CoinShares head of research James Butterfill, there’s one cryptocurrency thats bucking the trend in a big way.  Basking in the glow of the successful “Shapella” upgrade, Ethereum actually enjoyed inflows of $17 million last

2023-04-27Ethereum

Institutional investors flock to Ethereum, staking over $1 billion worth of ETH in a week

Ethereum  Dumadagsa ang mga institusyonal na mamumuhunan sa Ethereum, na nagtataya ng mahigit $1 bilyong halaga ng ETH sa isang linggo  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  After the long-anticipated Shangai/Capella (also known as Shapella) upgrade of the Ethereum (ETH) ecosystem enabled withdrawals of staked ETH, the staking activity on the platform has not only seen an uptick but is writing down record-breaking results.  As it happens, the Ethereum network has received an inflow of 571,950 ETH in the week of April 17, according to thedata dashboard featuring the weekly staking interval of Ethereum, created by digital asset investment firm , and retrieved by Finbold on April 25.  Specifically, according to the chart, the staking activity has visibly soared in recent weeks, recording the highest daily number on April 24 (126,080 ETH staked).  Institusyonal na interes  As research analyst, Tom Wan, explained in a tiririt and dashboard screenshot that he posted on his profile on April 24, this surge is largely driven by institutional staking service providers and large investors seeking to reinvest their rewards following withdrawal.  Indeed, Freddy Zwanzger, Ethereum ecosystem lead at the blockchain infrastructure platform , which deals with many institutional clients, had predicted the increase in interest post-Shapella. As he earlier told

2023-04-26Ethereum
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