Balita sa Industriya ng Crypto at Market Trends

Heres the Critical Support for ETH Following a 14% Weekly Plunge (Ethereum Price Analysis)

Ethereum　　Heres the Critical Support for ETH Following a 14% Weekly Plunge (Ethereum Price Analysis)　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　After a prolonged period of consolidation without a clear direction, the cryptocurrency market has finally undergone a correction, with most coins decreasing in value. Ethereum was no exception, as its price has plunged by 14%, hitting a significant support zone.　　Ang Pang-araw-araw na Tsart　　Ethereum recently surpassed its prior major swing high at $2K due to its impulsive uptrend, providing a significant bullish sentiment by indicating a positive trend reversal. However, the price quickly formed a head-and-shoulder reversal pattern and was rejected, resulting in a 14% plummet.　　Nevertheless, the price has now arrived at a crucial support region comprising the 50-day moving average of $1800 and the 100-day moving average of $1705.　　Therefore, the price action within the $1.7K-$1.8K range must be closely monitored since a breakout from this critical support zone will likely determine Ethereums near future direction. If the cryptocurrency falls below this vital area, its previous major swing low at $1.4K will serve as the primary support for the price in the mid-term.　　Pinagmulan: TradingViewAng 4-Oras na Tsart　　According to the 4-hour timeframe, Ethereum‘s price rally came to an end when it attempted

2023-04-25Ethereum

ETH Boston Conference and Hackathon Returns April 28-30 at Boston University – Press release Bitcoin News

Bitcoin Ethereum　　ETH Boston Conference and Hackathon Returns April 28-30 at Boston University – Press release Bitcoin News　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　pahayag　　PALABAS SA PRESS. ETH Boston and The Boston DAO are thrilled to announce the return of ETH Boston, a conference and hackathon event taking place at Boston University on April 28-30, 2023.　　The conference will feature three stages of 50+ industry experts, founders, and builders, technology-specific workshops, networking events, and a hackathon. We are excited to bring to you high quality discussions with tracks covering DeFi, Infrastructure, Data, Identity, Zero-Knowledge, DAOs, DeSci, Institutional Adoption, Regulation, and more!　　ETH Boston aims to build awareness and directly impact developers, investors, students, and companies who are creating the next generation of infrastructure and applications that will power the decentralized web.　　The ETH Boston Hackathon provides an opportunity for builders to display their technical abilities and creativity across a 3-day competition where hackers will work to create innovative ideas and products to be judged for cash prizes and funding.　　We are excited to invite you to participate in this upcoming event and contribute to the growing ecosystem of the decentralized web. Please join us in Boston for ETHBoston 2023, and be a part of the

2023-04-25Ethereum

Nansen Shares Updated Data: Total ETH Locked Touches All-Time High

Ethereum　　Nansen Shares Updated Data: Total ETH Locked Touches All-Time High　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Nansen has shared updated data regarding the total ETH locked.　　Data shows that the total ETH locked has hit an all-time high since Shapella.　　According to the latest data, 18,879,775 ETH are locked.　　Blockchain data and research platform Nansen has shared updated data regarding the total ETH locked. The latest data reveal that the total ETH locked has hit an all-time high since the Shapella upgrade.　　Nansen data depicts that at present, 18,879,775 ETH are locked. Locked ETH represents the ether that is out of circulation. These include the ETH staked on the beacon chain, the ETH deposited to the beacon contract but not validating yet, and also the rewards on the beacon contract.　　The blockchain data platform has also shared additional information, revealing that 894,671 ETH are waiting for a full exit. Additionally, 27,809 validators are also waiting for a full exit, according to the data. Nansen also pointed out that 86.4% of validators have updated the 0x01 withdrawal address.　　The analytics platform also highlighted that there could be a potential negative balance wave as withdrawals are processed in the coming days.　　On April 12th, Ethereum underwent a significant upgrade

2023-04-24Ethereum

KuCoins Official Account Hacked, 9 ETH and 0.2 BTC Stolen

Bitcoin Ethereum　　KuCoins Official Account Hacked, 9 ETH and 0.2 BTC Stolen　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Arman Shirinyan　　Luckily, hackers haul not as big as they probably anticipated　　KuCoin, a popular cryptocurrency exchange, experienced a breach in its Twitter account, which resulted in scammers stealing approximately 8.7 ETH (around $16,000) and 0.235 BTC (about $6,500) from users. The security incident occurred on April 24 (UTC+2), lasting for about 45 minutes, during which fraudulent activity was posted from the compromised @kucoincom handle.　　The exchange has assured users that it will fully reimburse all verified asset losses caused by the social media breach and the fake activity. It is important to note that only KuCoin‘s Twitter account was compromised in this incident, and the platform acted quickly to regain control of the account with the help of Twitter’s official support. KuCoin has reiterated that users assets on the platform remain secure.　　As of 2:00 a.m. on April 24 (UTC+2), 22 transactions involving ETH/BTC associated with the fake activity were identified, totaling a value of 22,628 USDT. In an effort to prevent more users from being affected, KuCoin is currently examining and blocking suspicious addresses connected to the fraudulent activity.　　To further enhance the security of its

2023-04-24Ethereum

Trading system on Ethereum with ADX

This new article will examine, and test on Ethereum, one of the most widely used indicators in trading for trend following type strategies: ADX.　　This indicator, whose acronym stands for “Average Directional Movement Index,” is used to measure the strength of a trend.　　If the indicator tends toward low values then the trend will be almost absent, but if the ADX takes high values then the underlying trend will be more significant.　　An example of how ADX is used on an Ethereum chart can be seen in Figure 1. The indicator ranging from 0 to 100 is calculated over the last 5 days, and as can be seen in the initial part of the chart, in the presence of extended and explicit trends, the indicator takes values above the average threshold line of 50.　　During the up-trend that occurred on Ethereum in early 2023 it was seen how the ADX went from a value of 20 to highs of over 90.　　The crypto market does spend a lot of time in a trend, whether bullish or bearish, and it is therefore very likely to see very high ADX values as in the case just described.　　An important distinction is also made by the fact that ADX

2023-04-23Ethereum

Tether Mints Massive One Billion USDT Stablecoins on Ethereum Extending Its Market Dominance

Tether CTO Paolo Ardoino called the minting of the new stablecoins as part of replenishing its inventory.　　USDT-stablecoin issuer Tether is making yet another move to extend its dominance in the $132 billion stablecoin market. Last night, Tether announced the minting of another one-billion USD-pegged token on the Ethereum blockchain network.　　Tether CTO Paolo Ardoino called the minting of the new stablecoins as part of replenishing its inventory. He further added that it was “an authorized but not issued transaction, meaning that this amount will be used as inventory for the next period [of] issuance requests and chain swaps”.　　As we know, Tether‘s USDT is the most dominant stablecoin in the market currently. With a market cap of $81 billion, it is also the third-largest digital asset currently in the crypto space. Although there have been allegations in the past about Tether issuing more stablecoins than the cash reserves, they aren’t proven so far. Furthermore, Tether has also managed to swiftly handle liquidity even during tough market conditions as well as the crypto winter of 2022.　　Tether is also among the dominant stablecoin issuer on the Ethereum blockchain network. The total amount of USDT on the Ethereum blockchain network is more than 35 billion

2023-04-23Ethereum

Metropolitan Commercial Bank to Exit Crypto Intensifying Crisis

New York Metropolitan Commercial Bank is to stop crypto operations.　　The recent closure of crypto-banks has created a crisis in the crypto industry.　　Since the consecutive collapse of crypto-friendly banks in March 2023, the crypto industry has needed a strong banking partner in the United States. Further increasing the hardships for the industry, Metropolitan Commercial Bank closed its operations due to the current market scenario.　　MCBank Closing Crypto Operations　　According to Metropolitan Commercial Bank‘s (MCBank) April 18, 2023, SEC filling, crypto deposits were around $278.5 Million. On March 31, 2023, excluding the crypto clients, the bank’s total deposits were around $4.9 Billion. Its parent company Metropolitian Bank Holding announced in January 2023 about exiting crypto operations.　　This decision closely follows the arrest of FTXs former boss, Sam Bankman-Fried, who is facing trials for several financial crimes. The collapse of one of the leading crypto exchanges in the world was a event in the crypto industry. It started a contagion effect that affected almost everyone directly or indirectly with FTX.　　MCBank served four crypto clients, contributing to 1.5% of its total revenue, around $1 Million. 6% of the banks total deposits came from them, around $342 Million. These details were released in their Q3 2022 filing.　　The Crypto

2023-04-23Industriya

US Dollar Finished, American Empire in Peril As Strategic Rivals Target USD: Ex-Goldman Executive

The future of the US dollar and the American empire itself is now firmly in doubt, according to a financial analyst and former Goldman Sachs executive.　　Charles Nenner, who worked as head of market timing at Goldman for over a decade, says hes reversing his long-held belief that the dollar will remain strong.　　In a new interview with USAWatchdog, Nenner says the group of economically-aligned nations known collectively as BRICS is a much bigger threat to USD than people realize.　　Nenner believes the long-term fate of the dollar is already sealed.　　According to Nenner, the American empire is threatened by the potential for a global war cycle, a commercial real estate collapse and additional systemic issues.　　He says a “great depression-style” crash is possible in the not-too-distant future.　　Pagtanggi: Ang mga opinyon na ipinahayag sa The Daily Hodl ay hindi payo sa pamumuhunan. Dapat gawin ng mga namumuhunan ang kanilang nararapat na pagsusumikap bago gumawa ng anumang mga pamumuhunan na may mataas na peligro sa Bitcoin, cryptocurrency o digital assets. Mangyaring pinapayuhan na ang iyong paglilipat at mga kalakal ay nasa iyong sariling peligro, at ang anumang pagkawala na maaari mong makuha ay ang iyong responsibilidad. Hindi inirerekumenda ng Daily Hodl ang pagbili o pagbebenta ng

2023-04-23Industriya

Shiba Inu Price Could Quintuple If It Holds This Support Level

Teknolohiya　　Shiba Inu Price Could Quintuple If It Holds This Support Level　　55 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Shiba Inu (SHIB) has recently displayed impressive resilience, holding its ground above the critical support of $0.00001. As crypto enthusiasts and investors keep a keen eye on its performance, a growing number of market specialists are predicting a staggering 380% surge for the meme-inspired digital asset. 　　Still, there are many factors behind Shiba Inus remarkable stability to consider and the driving forces that could propel it to new heights.　　The Fundamentals Supporting Shiba Inus GrowthEcosystem Expansion and Development　　One of the key factors contributing to the positive sentiment around SHIB is the ongoing expansion and development of its ecosystem.　　The project has been making strides in broadening its reach and utility. New initiatives include the ShibaSwap decentralized exchange (DEX) and the Shibarium Layer 2 solution launch.　　These developments are expected to enhance the tokens use cases, propelling its adoption and price appreciation.　　Growing Community and Social Media Presence　　Shiba Inus vibrant community plays a pivotal role in its success. The “ShibArmy,” as its members call themselves, actively participates in discussions, events, and promotions related to the token.　　Additionally, SHIB boasts an ever-expanding social media presence, which has been instrumental in

2023-04-23Industriya

Despite OKBs crash, some interesting developments are on the way for the OKX ecosystem

Teknolohiya　　Sa kabila ng pag-crash ng OKB, ang ilang mga kagiliw-giliw na pag-unlad ay nasa daan para sa OKX ecosystem　　8 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Prominent exchange OKXs [OKB] native token registered a steep drop of over 8% in the last 24 hours of trading, marking an end to its seven-day winning streak, data from CoinMarketCap showed. The downfall was precipitated by Bitcoin [BTC], which slipped to its lowest value in April of $27,247, at the time of writing.　　Basahin ang Prediction ng OKBs Price 2023-24　　The latest crash reversed OKBs weekly gains to a great extent. However, things could change pretty quickly for the token as the OKX ecosystem was looking forward to some interesting developments.　　Exciting times for OKX　　OKB holders were eagerly waiting for the SUI token sale on OKX Jumpstart that was slated for 23 April. Since its Testnet Wave 1 launch in November 2022, the layer-1 (L1) protocol, Sui Network, has been one of the most anticipated projects.　　Only OKB holders are eligible to participate in the token sale. This could have fueled demand for the exchange token of late.　　Furthermore, there was immense hype around the soon-to-be-launched OKB Chain, which went live on a test network last month. The new

2023-04-23Industriya

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