ETH whales intervene amid a SHIB price pullback but are whales buying?

Ethereum  Ang mga balyena ng ETH ay namagitan sa gitna ng pagbabalik ng presyo ng SHIB ngunit bumibili ba ang mga balyena?  15 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Shiba inu has reportedly regained the top spot as the most traded token by the top Mga balyena ng ETH. We have seen SHIB secure the same spot multiple times since the start of January. However, this time it is different, and heres why.  Basahin Shiba Inus price prediction 2023-2024  SHIB is currently going through a phase of increased sell pressure as is the case with many other top coins and tokens. But according to a recent WhaleStats alert, it managed to become the most traded token by the top ETH whales in the last 24 hours. Whale activity often underscores directional movement, so what does that mean for Shib?  Perhaps a price analysis will provide a better understanding of what is currently going on with SHIB. Its bears managed to pull off a retracement by as much as 15% from its current monthly high to its press-time 24-hour low. Rather than more downside, we have seen some bullish relief in the last few hours.  Pinagmulan: TradingView  This bullish relief coincides with the whale activity observed by WhaleStats.

2023-01-27Ethereum

ETH surges high above $1,554 as bulls regain momentum – Cryptopolitan

Ethereum  ETH surges high above $1,554 as bulls regain momentum – Cryptopolitan  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum presyo analysis is bullish for today as the coin is enjoying a bullish swing. The price trend after the flash crash of the previous day, which saw the ETH/USD dip below $1,554 has been a recovery. The bulls have been leading the rally and the pair is trading near $1,594.  Mapa ng init ng presyo ng Cryptocurrencies, Pinagmulan: Coin 360  The ETH/USD is currently trading in the range of $1,553 to $1,632. The pair is likely to remain in this range if it fails to breach the resistance levels at $1,632. On the downside, support lies at around $1,554. And if the price breaches the support levels, then it can move towards $1,510.  The buying pressure is strong as the trading volume is increasing day by day. This has resulted in the pair rising above $1,554 and is now trading near its all-time high of $1,632. The market cap of Ethereum currently stands at around $195 billion with the 24-hour volume of ETH/USD trading at $195 billion.  Ang isang araw Ethereum presyo analysis gives an optimistic indication for cryptocurrency buyers as the price increases during the

2023-01-27Ethereum

Ethereum Recovering; Shanghai Fork to pave path for 2023

Ethereum  Ethereum Recovering; Shanghai Fork to pave path for 2023  9 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum Shanghai Upgrade scheduled for the second half of 2023.  Prices to face the bulls in the coming year.  Second biggest crypto coin values at about $1600.  After an extended bear vacation, the crypto market is indicating a relief rally, where the major cryptocurrencies have surged in double digits. Ethereum, the second most influential coin, has recovered by more than 50%, valued at about $1600, at press time.  The Shanghai hard fork is one of the anticipated upgrades in the network, which is scheduled to roll out by March and continue till the end day. In the latest meeting of developers, they proposed eight Ethereum Improvement Proposals (EIPs) be included in the Ethereum Shanghai Upgrade.  The EIPs are predicted to target a few specific segments to improve the functionality of the Ethereum ecosystem. One of the biggest things that are expected to occur is a reduction of gas fees for layer-2 solutions running on top of Ethereum. It may also impact the withdrawal of staked ETH tokens, update the smart contract facilities, and several other upgrades yet to be disclosed.  ETH Price for 2023  Source:ETH/USDT by TradingView  The price for ETH has moved

2023-01-26Ethereum

Ethereum Price Holds Ground And Sees Fresh Rally, Bulls Are Not Done Yet

Ethereum  Ethereum Price Holds Ground And Sees Fresh Rally, Bulls Are Not Done Yet  25 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum is gaining pace above the $1,580 and $1,600 levels.  Ang presyo ay nakikipagkalakalan ngayon sa itaas ng $ 1,600 at ang 100 oras-oras na simpleng paglipat ng average.  Nagkaroon ng pahinga sa itaas ng isang pangunahing trend trend line na may paglaban malapit sa $ 1,615 sa oras-oras na tsart ng ETH / USD (data feed sa pamamagitan ng Kraken).  Ang pares ay maaaring tumaas pa kung ito ay mananatili sa itaas ng $1,600 at $1,580 na antas ng suporta.  Ethereum Price Restarts Increase  Ethereum price started a sharp downside correction below the $1,600 level. ETH even declined below the $1,550 support zone and the 100 hourly simple moving average.  However, the bulls were active near the $1,520 support zone. A low as formed near $1,518 and the price started a sharp increase, similar to bitcoin. There was a steady increase above the $1,550 and $1,580 resistance levels. The bulls even pushed it above the $1,600 level.  Besides, nagkaroon ng break sa itaas a pangunahing bearish trend line with resistance near $1,615 on the hourly chart of ETH/USD. Ether price is now trading above $1,600 and the

2023-01-26Ethereum

Here’s What Might Have Triggered Ethereum’s Decline Below $1,600

Ethereum  Here‘s What Might Have Triggered Ethereum’s Decline Below $1,600  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  After what has been two weeks of an incredible rally for the price of Ethereum, the digital asset seems to be running out of steam. ETHs price has now declined once more below $1,600 after a sharp downturn on Tuesday. The culprit for this seems to be growing FUD across the community.  FUD Could Have Been The Trigger  Ayon sa Santiment, the social dominance of Ethereum grew rapidly in the last couple of days. While this can sometimes be a good thing, it tells a negative story this time around. Ethereum is now dominating 21% of cryptocurrency discussion on social media and the on-chain data aggregator says this might be evidence that FUD might be behind the dip. However, this may not be the only reason.  Isang ulat mula sa Bitcoinist had previously shown that profit-taking in large assets such as Bitcoin and Ethereum had been ramping up with the increase in price. Santiment also highlights this in its post, pointing to the spike in the profit-taking ratio on January 20. Taking this in concert with the growing FUD, it presents a recipe for disaster for the digital

2023-01-26Ethereum

Aave’s Hotly Debated V3 ETH Pool Up for On-chain Vote

Ethereum  Ang Mainit na Pinagtatalunang V3 ETH ni Aave para sa On-chain Vote  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Community governance at open source liquidity protocol Aave is voting to determine whether it should activate its V3 Ethereum pool.Still running on Aave V2, today, the Ethereum pool is by far the largest, with $5.6 billion in total value locked.  Aave V3 was deployed in March 2022 onto various networks including Polygon, Avalanche, Arbitrum, Optimism, Fantom and Harmony. But the Aave community wrestled with how best to handle the massive Ethereum pool.  There were two main options: one was to upgrade existing V2 contracts to the new V3 code, and the other was to deploy new V3 contracts and leave existing V2 deployment unchanged.  Upgrading would have allowed the protocol to keep the addresses of key contracts (such as Pool, Addresses Provider, aTokens, debt tokens, etc.) but would be technically difficult to implement. The second option — deploying V3 contracts and leaving V2 contracts unchanged — was safer, but it places the burden of moving deposits to V3 on Aave users.  “Upgrading the Aave Protocol Ethereum V2 to V3 market directly would have indeed created some seamless experiences for the users, at the same time creates

2023-01-26Ethereum

Shadow Fork for Ethereum Shanghai Mainnet Goes Live

Ethereum  Shadow Fork para sa Ethereum Shanghai Mainnet Goes Live  Balita ng Ethereum ng Bitcoin  The successful launch of testnet means Ethereum is still on schedule to deliver the withdrawal features five to eight weeks from now.  Theres been a lot of talk going around the upcoming Ethereum hardfork aka the Shanghai hardfork scheduled probably by February end. This is the most-discussed event currently in the crypto community since it will unlock $26 billion worth of staked ETH in the market.  On Monday, January 23, the Ethereum core developers anunsyado the successful deployment of the first mainnet shadow fork designed to test the readiness of the withdrawal capability for ETH staking. The mainnet shadow forks basically represent a full dress rehearsal of system upgrades. They allow developers to test any design flaws or tweak any outstanding issues. Thus, Mondays test successfully previewed the upcoming Ethereum shanghai upgrade.  Since Ethereums historic Merge event in September 2022, Shanghai will be the first major upgrade in the Ethereum ecosystem. The Merge event transitioned the Ethereum blockchain into a complete proof-of-stake system. It allowed users to deposit ETH with the network and thereby become validators to help authenticate on-chain transactions.  Since the launch of the Beacon Chain in December 2020, Ethereum

2023-01-25Ethereum

Ethereum Price Drops 6% and Signals Risk of Trend Change Below This Support

Ethereum  Ethereum Price Drops 6% and Signals Risk of Trend Change Below This Support  Balita ng Ethereum ng Bitcoin  Ethereum is showing a few bearish signs below the $1,600 and $1,580 levels.  Ang presyo ay nakikipagkalakalan ngayon sa ibaba $ 1,600 at ang 100 oras-oras na simpleng paglipat ng average.  Mayroong isang pangunahing linya ng bearish trend na bumubuo na may pagtutol na malapit sa $ 1,620 sa oras-oras na tsart ng ETH / USD (data feed sa pamamagitan ng Kraken).  The pair could recover if it stays above the $1,500 and $1,480 support levels.  Mga Kita ng Trims ng Presyo ng Ethereum  Nabigo ang presyo ng Ethereum na i-clear ang $ 1,650 zone ng paglaban. ETH corrected lower below the $1,620 and $1,600 level, similar to bitcoin. The decline gained pace below the 50% Fib retracement level of the upward move from the $1,480 swing low to $1,680 high.  The price declined over 6% in a day and traded below the $1,550 support zone. A low is formed near $1,518 and the price is now consolidating losses.  Ether price is now trading below $1,600 and the 100 hourly simple moving average. An immediate resistance is near the $1,555 level. It is near the 23.6% Fib retracement level of the

2023-01-25Ethereum

ETH Breaks Past $1.6K But is a Short-Term Correction Imminent? (Ethereum Price Analysis)

Ethereums price has been on the rise for quite a while now after breaking above the $1300 resistance level. While the positive trend remains on higher timeframes, some signs are suggesting that at least a short-term correction is quite probable.  Teknikal na Pagsusuri ng  Sa pamamagitan ng: Edris  Ang Pang-araw-araw na Tsart  On the daily timeframe, the price is constantly climbing higher and could reach the $1800 level soon. However, a short-term pullback seems imminent as the RSI indicator has been in overbought conditions over the past few days.  In case of a correction, the 200-day moving average located around the $1400 mark could be the first turning point, with the 50-day moving average located around the $1300 support zone being the second major support. Still, the price could first test the $1800 level before a pullback or reversal.  In the less probable event of a bullish breakout from the $1800 resistance level on the first try, ETH could rally towards the significant $2000 level aggressively.  Overall, this scenario seems unlikely in the short term, as a pullback seems a lot more possible.  Pinagmulan: TradingViewAng 4-Oras na Tsart  Looking at the 4-hour timeframe, the price has reached the $1650 resistance area but is struggling to break higher at the

2023-01-25Ethereum

Ethereum-Based Gaming Altcoin Suddenly Erupts Ahead of $60,000,000 Token Unlock

crypto Ethereum  Ang Ethereum-Based Gaming Altcoin ay Biglang Pumutok Nauna sa $60,000,000 Token Unlock  Balita ng Ethereum ng Bitcoin  Isang Ethereum (ETH)-based gaming altcoin surged this weekend ahead of a large token unlocking event, defying conventional trading wisdom.  Axie Infinity (AXS) rallied from trading around $9.20 on Saturday to a high of $13.84 on Sunday, a more than 50% increase.  AXS, the 41st-ranked crypto asset by market cap, has since partially retraced and is trading at $12.18 at time of writing.  The price jump happened in advance of a roughly 4.8 million AXS token unlocking event that happened on Monday, according to the tokenomics data website TokenUnlocks. The unlocking event represented 1.812% of the assets total supply and was worth more than $60 million at current prices.  The recent price action of AXS flies in the face of conventional wisdom about token unlocks, which give investors opportunities to sell digital assets after vesting periods expire. Traditionally, token unlocks are viewed as bearish catalysts.  Axie Infinity‘s next token-unlocking event will occur on April 17th. The unlock will represent 1.45% of the asset’s total supply (worth nearly $50 million at time of writing), according to TokenUnlocks.  AXS is up more than 100% since the start of 2023 when it was trading

2023-01-24Ethereum
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