Ethereum at ‘Very High Risk’ of Collapse to Much Lower Levels, Says Analyst Benjamin Cowen – Here’s His Target

Ethereum  Ethereum at ‘Very High Risk’ of Collapse to Much Lower Levels, Says Analyst Benjamin Cowen – Heres His Target  8 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Widely followed crypto analyst Benjamin Cowen is warning that Ethereum (ETH) could collapse in price despite rallying after a network upgrade.  In a new strategy session, Cowen tells his 785,000 YouTube subscribers that ETH could plummet by more than 57% from its value of $1,869 at time of writing.  Cowen believes that ETH will return “home,” a term he uses to describe the fair-value logarithmic regression trendline using “non-bubble data.”  According to Cowen, even though ETH had rallied and traded at the $2,000 level after the recent Shapella network upgrade, the smart contract platform will likely retest lows within the upper and lower bounds of the logarithmic regression chart.  Cowen says the fair-value logarithmic regression trendline is currently at around $800. However, he says there is also a possibility for Ethereum to repeat a pattern in 2019 and 2020 when ETH dipped below the fair-value logarithmic regression trendline.

2023-04-26Ethereum

Ethereum Price Could Regain Bullish Momentum Above $1,900

Ethereum  Maaaring Mabawi ng Presyo ng Ethereum ang Bullish Momentum na Higit sa $1,900  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum is correcting losses from the $1,800 support zone.  The price is trading above $1,850 and the 100-hourly Simple Moving Average.  Nagkaroon ng isang pahinga sa itaas ng isang pangunahing linya ng trend ng bearish na may pagtutol na malapit sa $ 1,828 sa oras-oras na tsart ng ETH / USD (data feed sa pamamagitan ng Kraken).  Ang pares ay maaaring makakuha ng bullish momentum kung ito ay maaayos sa itaas ng $1,900 resistance.  Ang Presyo ng Ethereum ay Nagsisimula sa Pagbawi  Ethereums price extended its decline below the $1,820 zone. However, ETH remained well-bid above the $1,800 level and recently started an upside correction, similar to Bitcoin from $27,000.  There was a move above the $1,825 and $1,840 resistance levels. Besides, there was a break above a key bearish trend line with resistance near $1,828 on the hourly chart of ETH/USD. The pair traded above the 50% Fib retracement level of the recent drop from the $1,890 high to the $1,807 low.  Ether price is now trading above $1,850 and the 100-hourly Simple Moving Average. It is testing the 76.4% Fib retracement level of the recent drop

2023-04-26Ethereum

Gary Gensler cant say if ETH is a security because of the SEC

Gary Genslers hearing in front of the House Financial Services Committee stirred up controversy when the SEC chairman found himself unable to answer what was, at least on the surface level, a relatively simple question: is ether a security?  So why wasn‘t Gensler able to provide a proper response to what was essentially a yes-or-no question? The truth is clear if you’re willing to examine how Ethereum was founded and whats transpired since.  The DAO and the end of the beginning  In 2016, Vitalik Buterin, a slew of investors, and the Ethereum Foundation worked to market, build, and deploy Ethereum — one of the first successful initial coin offerings since the establishment of Bitcoin. But, unfortunately, the reality was that it wasnt a successful deployment as shortly afterward, the DAO was hacked.  If ever there was a time for the SEC — or any other government regulator — to make a move to protect users and classify ether (ETH) as a security, it was at this pivotal moment in time, when many investors found themselves underwater at the hands of a blackhat hacker. But, instead, regulators chose silence and inaction.  This inaction changed the entire history of the crypto industry.  Government apathy forces private solutions  Following the

2023-04-25Ethereum

Can Cardano Price Overtake Ethereum?

In 2021 Cardano (ADA) price finally broke through and even looked like a contender to overtake Ethereum (ETH) price. However, this did not happen, and now Ethereum has a much higher market capitalization and a higher price per coin compared to Cardano. In this article, we will discuss whether Cardano can ever be worth as much as Ethereum, and what is needed for it to happen.  Cardano and Ethereum may be competitors, but they also have a lot in common. Before Charles Hoskinson founded Cardano in 2015, he was one of the founders of Ethereum.  Cardano‘s goal is to provide a scalable and secure blockchain to create decentralized applications and smart contracts. The concept is similar to what Ethereum is working on. Ethereum’s advantage is that it is several years older, and hence so much more has been built on it. Also, the hype for altcoins during the bull market in 2017 came mainly from projects on Ethereum.  Why Is Ethereum Higher Than Cardano?  As of writing, Ethereum‘s price is $1,820 while its market capitalization is $219.2 billion. In contrast, Cardano’s price is about $0.37, and it has a market capitalization of $13.3 billion.  However, Ethereum also has a greater range of development and use

2023-04-25Ethereum

Investor Who Bought Ethereum on Day One Moves ETH After Almost Eight Years of Dormancy: On-Chain Data

An original Ethereum (ETH) investor just unloaded the vast majority of their holdings after staying inactive for nearly eight years.  A participant in Ethereums 2014 initial coin offering (ICO) received 2,635 ETH from the Ethereum genesis block in July 2015, then sat on those holdings until Sunday, when the wallet sent one ETH to a separate address, according to Blockchain tracker Lookonchain.  Then, on Monday morning, the ICO participant sent another 2,359 ETH to the same address, according to the blockchain-surveilling service Etherscan.  The Ethereum initial coin offering price was around $0.31, compared to $1,842 at time of writing, meaning the value of the ICO participants 2,635 ETH skyrocketed from around $816.85 at time of purchase to more than $4.85 million nearly eight years later, an eye-popping increase of about 594,000%.  At Ethereums all-time high price of $4,878, which it hit in November 2021, the 2,635 ETH would have been worth more than $12.85 million.  The ICO participant wallet still holds nearly 5 ETH worth about $9,210, as well as $227 in various altcoins.  The receiving address appears to have been created for the recent transactions and still holds all 2,360 ETH it was sent. It does not possess any other assets.  ETH is down more than

2023-04-25Ethereum

Ang Bitcoin Price Topside Bias Vulnerable Maliban na Lang Kung Ito ay Lumampas sa $28K

Bitcoin struggled to gain pace above the $28,000 resistance zone.  Ang presyo ay kinakalakal sa ibaba $27,800 at ang 100 oras-oras na Simple moving average.  Mayroong isang pagkonekta bearish trend line na bumubuo sa paglaban malapit sa $ 27,650 sa oras-oras na tsart ng pares ng BTC / USD (feed ng data mula sa Kraken).  The pair could start a decent recovery wave if there is a close above $28,000.  Bitcoin Price Remains At a Risk  Bitcoin price found support near the $27,200 zone and started an upside correction. BTC climbed above the $27,800 level but upsides were limited.  It tested the $28,000 resistance zone. A high was formed near $28,000 and the price reacted to the downside. It broke the $27,200 support zone and tested $27,000. A low is formed near $26,969 and the price is again attempting an upside correction.  Bitcoin climbed above the 50% Fib retracement level of the recent decline from the $28,000 high to the $26,969 low. However, it is still trading below $27,800 and the 100 hourly Simple moving average.  Besides, there is a connecting bearish trend line forming with resistance near $27,650 on the hourly chart of the BTC/USD pair. Immediate resistance is near the $27,650 level and the trend line.

2023-04-25Industriya

Gemini and Coinbase Will Participate in Celsius Network Auction

Celsius Network, interest-bearing and crypto-lending decentralized finance (DeFi), will soon be acquired by the most bidding participant in the auction round, which will be held on April 25, 2023. According to court filings, Coinbase and Gemini filed their nomination to participate in the auction to acquire the bankrupt Celsius Network.  celsius network,计息和加密借贷去中心化金融(defi),将很快被拍卖轮中出价最高的参与者收购,该轮拍卖将于 2023 年 4 月 25 日举行。根据法庭文件,coinbase 和 gemini 提交了他们的提名参与拍卖以收购破产的 celsius network。  The U.S.-based company had almost $167 million in cash to resolve problems of liquidity to back certain operations during the restructuring process. Also, the entity accounted for total assets and liabilities between $1bn to $10bn.  这家总部位于美国的公司拥有近 1.67 亿美元的现金来解决流动性问题,以支持重组过程中的某些业务。此外,该实体的总资产和负债在 10 亿美元至 100 亿美元之间。  Besides Coinbase and Gemini Fahrenheit, the venture capital is backed by Arrington Capital which Michael Arrington owns. Proof Group Capital Management will also join the auction event. In September 2022, Centerview Partners LLC, Celsius‘s investment banker, began marketing to identify potential bidders for Celsius’s assets. In consultation with Centerview, Celsius contacted over 130 parties they believed may be interested in a transaction.  除了 coinbase 和 gemini fahrenheit,风险投资还得到了 michael arrington 拥有的 arrington capital 的支持。 proof group capital management 也将参加拍卖活动。 2022 年 9 月,celsius 的投资银行 centerview partners llc 开始进行营销,以确定 celsius 资产的潜在竞标者。在与 centerview 协商后,celsius 联系了 130 多家他们认为可能对交易感兴趣的各方。  On December 28, 2022, The Wall Street

2023-04-25Industriya

More Delay In Ripple Lawsuit Judgement? This Could Be Reason

Mga Balita sa Crypto: The intense grilling of US Securities and Exchange Commission (SEC) Chair Gary Gensler before the House Financial Services Committee came as a welcome move for the crypto market. In fact, the criticism Gensler faced during the hearing could act as a validation of long pending demand for regulatory clarity in the crypto market space. The lawmakers not only questioned the status quo but also sought Genslers opinion on the legal framework behind crypto assets.  加密货币新闻:美国证券交易委员会 (sec) 主席 gary gensler 在众议院金融服务委员会接受严厉质询,这对加密货币市场来说是一个受欢迎的举措。事实上,gensler 在听证会上面临的批评可以作为对加密市场领域监管清晰度的长期未决需求的验证。立法者不仅质疑现状,还就加密资产背后的法律框架征求了 gensler 的意见。  Gayundin Basahin: Ang Prediction ng Presyo ng Bitcoin 2024 ng Nangungunang Bangko ay Pumukaw sa Market, Ngunit Talaga Bang Mangyayari Ito?  另请阅读: top bank 的 2024 年比特币价格预测令市场兴奋,但它真的会发生吗?  Several Congressmen expressed the need for immediate resolution to the regulatory issues surrounding trade of cryptocurrencies in the United States. Hence, it is possible that Gensler could face more of such Congressional hearings in that pursuit. But whether such hearings will further delay outcome from the legal route in crypto related lawsuits remains to be seen.  几位国会议员表示需要立即解决围绕美国加密货币贸易的监管问题。因此,gensler 可能会在这一追求中面临更多此类国会听证会。但此类听证会是否会进一步延迟加密相关诉讼的法律途径结果还有待观察。  Ripple Lawsuit Summary Judgement Delay  瑞波诉讼摘要判决延迟  After the ruling in the Ripple Vs SEC lawsuit in March 2022, experts have been predicting that the Summary Judgement could be out any time before May 6, 2020, which

2023-04-25Industriya

Ethereum up 20% in April while Markets Pro sees 379% gain in one day

Ethereum  Tumaas ng 20% ang Ethereum noong Abril habang ang Markets Pro ay nakakakita ng 379% na nakuha sa isang araw  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Cointelegraph Markets Pro stunned traders on April 8th with a massive 379% gain from a single alert. The AI-powered crypto trading platform detects market-moving events as they happen. One of the indicators pointing to these events is the VORTECS™ score.  On April 7th, the OG Fan Token was getting ready for a remarkable rally. OG Fan Token is a cryptocurrency created for esports clubs to interact easier with their fans. In partnership with the blockchain mobile applications Socios.com, the OG esports club powered by the CHZ token aims to enhance the sporting experience. OGs rally this week was followed by an interest spike in fan tokens like CITY and BAR.  The token was trading at $2.90 when its VORTECS™ score — a historical “snapshot” comparison between current and past market conditions for individual coins — rose above 75. Over the next 24 hours, OG‘s price skyrocketed to $13.90. That’s a remarkable jump of 379%!  Five days later, traders could have captured additional gains as OG took off again. On April 13th, a VORTECS™ score of 80 lit

2023-04-25Ethereum

Institutional Investors Shift to Ethereum (ETH) Following Successful Shapella Upgrade: CoinShares

Ethereum  Institutional Investors Shift to Ethereum (ETH) Following Successful Shapella Upgrade: CoinShares  11 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Digital assets manager CoinShares says institutional investors are diving into leading smart contract platform Ethereum (ETH) after its successful Shapella upgrade.  In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that institutional ETH investment products saw inflows of $17 million last week, a sign of investor bullishness, according to the firm.  Pinagmulan: CoinShares  Despite Ethereums big week of inflows, digital asset investment products overall suffered $30 million in outflows. King crypto Bitcoin (BTC) took the brunt of the losses, losing $53.1 million last week. Overall, BTC institutional investment products are still in the green by more than $250 million over the last four weeks.  Most altcoins followed in Ethereums footsteps with minor inflows. Multi-asset institutional investment products raked in $1.5 million while Polygon (MATIC), Solana (SOL) and Litecoin (LTC) products took in $1 million, $0.2 and $0.7 million respectively. XRP products suffered outflows of $0.4 million.

2023-04-25Ethereum
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