Balita sa Industriya ng Crypto at Market Trends

Ethereum Price Just Signaled “Sell” And It’s Vulnerable to More Losses

Ethereum is moving lower from the $1,940 resistance zone.　　Ang presyo ay kinakalakal sa ibaba $1,900 at ang 100-oras na Simple Moving Average.　　Mayroong isang pangunahing linya ng takbo ng alon na bumubuo na may pagtutol na malapit sa $ 1,900 sa oras-oras na tsart ng ETH / USD (data feed sa pamamagitan ng Kraken).　　Ang pares ay maaaring magpatuloy na lumipat pababa kung mayroong malinaw na paglipat sa ibaba ng $1,840.　　Tumama ang Presyo ng Ethereum　　Ethereums price struggled to clear the $2,000 resistance zone and started a fresh decline. ETH traded below the $1,920 and $1,900 support levels to enter a bearish zone, similar to Bitcoin.　　The price even traded close to $1,840. A low is formed near $1,843 and the price is now consolidating losses. It is trading below $1,900 and the 100-hourly Simple Moving Average. There is also a major bearish trend line forming with resistance near $1,900 on the hourly chart of ETH/USD.　　Immediate resistance is near the $1,890 level. It is close to the 50% Fib retracement level of the recent decline from the $1,936 high to the $1,843 low.　　The next major resistance seems to be forming near the trend line and $1,900. The main resistance is near $1,915 or the

2023-05-08Ethereum

Red-Hot Memecoin Pepe Could Have Much Further To Run if One Pattern Plays Out: Top Trader

Kabuhayan　　Ang Red-Hot Memecoin na Pepe ay Maaaring Magkaroon ng Higit pang Tatakbo kung Isang Pattern ang Maglaro: Nangungunang Trader　　12 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　A widely followed crypto strategist believes that scorching-hot memecoin Pepe (PEPE) could witness more rallies if it continues to follow in the footsteps of a tech stock that exploded during the Covid pandemic.　　Psuedonymous analyst Kaleo tells his 585,000 Twitter followers that Pepe‘s recent eruption is reminiscent of Zoom’s (ZM) price action in early 2020, when the tech stock soared over 800% in less than 12 months.　　According to Kaleo, Zoom traded below a diagonal resistance before its meteoric ascent, which he notes looks similar to Pepes current market structure on the lower timeframes.　　Source: Kaleo / Twitter　　Kaleo goes on to say that PEPE has already managed to take out the diagonal resistance after printing a new all-time high of $0.00000431.　　Source: Kaleo / Twitter　　Looking at Kaleos charts, it appears that he sees PEPE rallying close to $0.000007 before topping out and reversing its trend.　　At time of writing, Pepe is trading for $0.00000296, suggesting an upside potential of over 130% should the memecoin hit Kaleos target.　　Pepe, the 42nd-largest crypto by market cap, is one of the hottest altcoins as

2023-05-08Industriya

Kazakhstanian Tenge Pulled for Crypto-Mining Tax: $7 million

crypto　　Ang Kazakhstanian Tenge ay Nakuha para sa Crypto-Mining Tax: $7 milyon　　10 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The government of Kazakhstan fetches a lump sum amount of 3.07 tenge (approximately $7 million). The tax collected by the government came from crypto mining firms and businesses in 2022. It tends to obey the amendments in the crypto market lawfully for regulating it and passing the monetary burden as per local media news reports.　　Kazakhstan is directed to 75% of revenue sales from crypto mining for taxes. On February 6, President Kassym-Jomart Tokayev signed a law and restored the nations stand opposite to the illegitimate mining operations and crypto assets distribution.　　Globbed Kazakhstan‘s Tenges in Government’s Hands　　Kazakhstan stands in the top Bitcoin mining pivots in the world. Kazakhstan contributed 13.22% of the total Bitcoin hash rate till January 2022. According to Cambridge Centre for Alternative Finance, the Series is led by the U.S. with 37.84%, followed by China at 21.11%.　　Mining fees based on governmental data of 2023 till April 27 amounted to 240 million tenges, approximately $541,463. The Kazakhstan government closing the miner down gave the reason for saving energy. Genuine reasons were clear as per the reports that the amount from the miners

2023-05-08Industriya

Success of BRICS Would Hurt US Living Standards and Diminish America’s Global Standing: Ex-JPMorgan Executive

Teknolohiya　　Success of BRICS Would Hurt US Living Standards and Diminish Americas Global Standing: Ex-JPMorgan Executive　　9 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Veteran investor Jon Wolfenbarger says that the success of BRICS could have serious effects on the US dollar and the living standards of Americans.　　Wolfenbarger, a former investment banker at JPMorgan and Allianz, writes in a new article for the Mises Institute that throughout history, all empires have ultimately failed, and the US likely wont be an exception.　　He says that BRICS nations, which refers to the economic coalition of Brazil, Russia, India, China and South Africa, now have the power to dethrone the US after decades of irresponsible economic policy by the American government.　　Says Wolfenbarger,　　The investor, who founded investment research service Bull And Bear Profits, says that BRICS nations still have a big hill to climb if theyre serious about competing with the greenback.　　According to Wolfenbarger, the BRICS can forget about taking the USDs hegemony if it plans on creating another fiat currency that is created out of thin air.

2023-05-08Industriya

China’s Gold Splurge Reaches Sixth Month as Reserves Rise Again

Kabuhayan　　Chinas Gold Splurge Reaches Sixth Month as Reserves Rise Again　　7 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　(Bloomberg) — China added to its gold reserves for a sixth straight month, extending a flurry of purchases as central banks around the world expand their holdings of bullion amid escalating geopolitical and economic risks.　　Karamihan Basahin mula sa Bloomberg　　China raised its gold holdings by about 8.09 tons in April, according to data from the State Administration of Foreign Exchange on Sunday. Total stockpiles now sit at about 2,076 tons, after the nation increased reserves by about 120 tons in the five months through March.　　Central banks have purchased large amounts of gold in the past year to diversify assets, as well as to protect reserves from the impact of a weakening dollar and rampant inflation. While inflows moderated in the first quarter of 2023, volumes were still at historically elevated levels, according to the World Gold Council. Singapore, China and Turkey were among the biggest buyers.　　The voracious appetite for gold has helped prices scale near-record highs as markets fret over a slowing US economy and signs of persistent credit stress. Geopolitical risks stemming from increasingly fragile Sino-American relations are also boosting the safe-haven appeal of

2023-05-08Industriya

Insiders Pour Millions Into These 2 ‘Strong Buy’ Stocks — Here’s Why You Might Want to Steer Toward Them Too

Kabuhayan　　Insiders Pour Millions Into These 2 ‘Strong Buy’ Stocks — Heres Why You Might Want to Steer Toward Them Too　　5 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Trying to navigate the ups and downs of the stock market and predict its future direction can seem like a complicated and daunting task. But as with almost anything, keeping it simple is often the key. And one of the most straight forward strategies is to keep an eye out for the insiders moves.　　After all, these corporate officers are privy to their companies inner workings. So, when an insider is seen picking up shares of the company they work for, especially in bulk, it sends a clear signal that they believe the time is right for loading up.　　To keep the playing field level, those in the know are required to make their purchases public and TipRanks‘ Insiders’ Hot Stocks tool offers a way to follow all the latest insider transactions.　　Against this backdrop, we‘ve delved into the platform to get the lowdown on a pair of stocks that insiders have been investing heavily in recently. They have poured millions into these names, and to add to the appeal, both stocks are rated as Strong Buys

2023-05-08Industriya

Solana Creator Anatoly Yakovenko Says Ethereum Rival Can Already Handle Hundreds of Millions of Users

Ethereum　　Solana Creator Anatoly Yakovenko Says Ethereum Rival Can Already Handle Hundreds of Millions of Users　　16 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Anatoly Yakovenko says that the Solana (SOL) chain is already set up to handle hundreds of millions of users.　　In a new interview on Token Terminal‘s YouTube channel, Yakovenko says that he believes the Ethereum (ETH) rival has the capacity to handle the world’s blockchain requirements.　　According to Yakovenko, even though Solana already has the ability to manage many users, it still lacks the applications to attract larger amounts of people.　　Yakovenko goes on to name a few possible growth drivers that could bring more people to the Solana network, including Helium (HNT), a network of IoT devices that successfully migrated over to the Solana blockchain earlier this year, and Hivemapper, a decentralized map building tool.　　Solana is trading for $22.06 at time of writing, a 3.4% decrease during the last 24 hours.

2023-05-07Ethereum

DigiToads (TOADS) Emerges as the Hottest Investment Opportunity While Ethereum (ETH) And Polygon (MATIC) Plunge

Ethereum　　Ang DigiToads (TOADS) ay Lumalabas bilang Pinakamainit na Oportunidad sa Pamumuhunan Habang Bumaba ang Ethereum (ETH) At Polygon (MATIC)　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　As the crypto market experiences turbulence, top altcoins like Ethereum and Polygon have recently faced a significant decline. While these fluctuations can be disconcerting for investors, they also present an ideal opportunity to discover truly promising digital assets.　　Amidst this uncertain landscape, DigiToads (TOADS) an emerging meme coin, has continued its successful presale, proving that savvy investors remain committed to seizing high-growth prospects, regardless of the markets direction.　　This piece will discuss the future outlook for both ETH and MATIC and uncover how DigiToads has managed to stay ahead of numerous established cryptocurrencies, consistently delivering exceptional performance.　　DigiToads Ranks Top Among The Best ICOs of 2023　　DigiToads has emerged as a captivating ERC20 token, gaining considerable attention in the DeFi market due to its unique features and potential for consistent growth. The project introduces an immersive gaming platform where users can collect, trade, and engage in battles with digital toads, fostering an active and committed community.　　Featuring a robust tokenomics system, DigiToads offers staking opportunities and rewards for its users. The projects deflationary nature ensures returns for investors, drawing attention

2023-05-07Ethereum

Ethereum on Cusp of Breaking Out As Traders Rotate Memecoin Profits Into ETH, Says Analytics Firm

Ethereum　　Ethereum on Cusp of Breaking Out As Traders Rotate Memecoin Profits Into ETH, Says Analytics Firm　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　A leading analytics firm says that Ethereum (ETH) is flashing a bullish on-chain signal as traders pile into the leading smart contract platform.　　Santiment says that Ethereum is witnessing a strong surge in active deposits, a metric that tracks the number of unique deposit addresses on an exchange that have been active on a particular day.　　According to Santiment, Ethereum has hit 20,000 active deposits for the first time since November 2021 as traders rotate their profits from red-hot memecoin Pepe (PEPE) to ETH.　　Pepe, a frog-themed memecoin, is up an eye-popping 4,543% from its all-time low of $0.00000005, which it hit less than three weeks ago.　　Sa oras ng pagsulat, ang Ethereum ay nakikipagkalakalan para sa $1,928.　　Looking at the broader crypto markets, Santiment says that digital assets are starting to show signs of decoupling from the stock market. According to Santiment, crypto has remained relatively firm following the Feds latest interest hike.

2023-05-07Ethereum

ETH Will Experience Short-Term Sell Pressure, Predicts Trader

Ethereum　　Ang ETH ay Makaranas ng Panandaliang Presyon sa Pagbebenta, Hinuhulaan ang Trader　　4 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　A crypto trader and analyst named Ali recently tweeted about an on-chain metric for ETH.　　Recently, the number of ETH deposits on centralized exchanges has spiked significantly.　　Ali forecasted that there would be some short-term sell pressure for ETH.　　The crypto trader and analyst Ali predicted in a tweet this morning that Ethereum (ETH) may experience some sell pressure soon. His magpaskil follows the recent spike in the number of ETH deposits made on centralized exchanges, as recently indicated by on-chain data.　　At press time, ETH‘s price was trading at $1,902.60 after a 3.09% 24-hour loss according to CoinMarketCap. This negative daily performance had also flipped the altcoin leader’s weekly performance into the red, which stood at 0.03% as a result. In addition to weakening against the U.S. Dollar, ETH was also down against Bitcoin (BTC) by 1.53%.　　The crypto‘s price has dropped below the 9-day and 20-day EMA lines in today’s trading session. The wick present above the current daily candle suggests that the sell pressure Ali had predicted has already entered ETH‘s charts, as bears attempt to push ETH’s price lower.　　Before ETH‘s price reaches the

2023-05-07Ethereum

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