Balita sa Industriya ng Crypto at Market Trends

Burned LUNC Crosses 26 Billion, But Is This Enough?

The LUNA Classic (LUNC) community has now been burning the cryptocurrency for a couple of months now following the collapse of the Terra network. It has been on a reasonable momentum since then with the likes of Binance joining in on the action. So far, there have been more than 26 billion tokens burned, but the question still remains if this is significant to the overall supply of the digital asset.　　Less Than 0.4% Of The Supply　　The LUNC burned has since crossed 26 billion. Obviously, this was helped along by crypto exchange Binance which has burned more than $3 million worth of LUNC at this point. It also goes to show how fast the token burn is moving in terms of the dollar value. However, when held up against the total supply of the cryptocurrency, this number falls short.　　At 26.3 billion tokens burned, it puts the total burned volume at just 0.38% of the total supply of the digital asset. In the end, it makes the burned figure inconsequential since it has no significant bearing on the supply and by extension, the price of LUNC in the market.　　For LUNC to record any impact on the price, more coins would need to

2022-11-08Industriya

European Commission to soon propose legislation on a digital Euro

The European Commission is soon going to bring out legislation on the digital Euro, said European Central Bank (ECB) President Christine Lagarde.　　Lagarde was pagtugon the “Towards a legislative framework enabling a digital euro for citizens and businesses” conference when she made these remarks.　　“The timely adoption of a legal framework for the digital euro would give all stakeholders the necessary legal certainty to prepare for its possible introduction and send a strong signal of political support… Im very much looking forward to the legislative proposal for establishing a digital Euro, which the European Commission will propose shortly,” Lagarde added.　　ECBs long investigation into the European CBDC　　It was in January 2020 that the ECB nagsimula studying the issuance of a digital Euro. During 2020-21, the bank hinahangad public consultation in regard to developing a European CBDC.　　In October 2020, the ECB published a ulat, “ECB intensifies its work on a digital euro.” Lagarde said, “Europeans are increasingly turning to digital in the ways they spend, save and invest. Our role is to secure trust in money. This means making sure the euro is fit for the digital age. We should be prepared to issue a digital euro, should the need arise.” This means that

2022-11-08Industriya

Ethereum price analysis: ETH reacts at $1,540, ready for another wave higher?

EthereumEthereum price analysis: ETH reacts at $1,540, ready for another wave higher？　　11 / 07 / 2022　　Balita ng Ethereum ng Bitcoin　　Ethereum price analysis is bullish today as we have seen strong retrace and clear signs of support at the $1,540 mark. Therefore, another higher low is set and ETH/USD is likely ready to continue even higher over the next days.Mapa ng Cryptocurrency heat. Pinagmulan: Coin360　　The market has traded in the red over the last 24 hours with Bitcoin losing 2.73 percent. Meanwhile, Ethereum declined by 2.75 percent, with most of the market moving even lower.　　Nakipag-trade ang ETH/USD sa hanay na $1,550.42 hanggang $1,617.18, na nagpapahiwatig ng malaking pagkasumpungin sa nakalipas na 24 na oras. Ang dami ng kalakalan ay tumaas ng 52.72 porsiyento, na may kabuuang $15.15 bilyon, habang ang kabuuang market cap ay nakipagkalakalan sa humigit-kumulang $193.37 bilyon, na nagreresulta sa pangingibabaw sa merkado na 18.79 porsiyento.　　On the 4-hour chart, we can see bullish momentum returning over the past hours, likely leading ETH to reverse overnight and continue testing further upside.　　4-oras na tsart ng ETH / USD. Pinagmulan: TradingView　　Ethereum presyo action has traded with declining bullish momentum last week as only slightly higher local highs could be set. After the

2022-11-08Ethereum

Uneven Growth Rate In Ethereum, Solana, And Cardano As Per Cardano Quarter Earnings

EthereumUneven Growth Rate In Ethereum, Solana, And Cardano As Per Cardano Quarter Earnings　　11 / 07 / 2022　　Balita ng Ethereum ng Bitcoin　　The United States’ largest crypto currency exchange platform, Coinbase, announced its third quarter earnings, which show a decline in the profits. Due to weak market conditions and lawsuits filed against Coinbase, revenue fell to $576.4 million (USD), a decrease of 28% from second quarter earnings. Its net loss was reduced to $544.6 million (USD).　　Samantala, ang staking at custody service nito ay nag-ulat ng 43% na paglago kumpara sa ikalawang quarter. Sa nakaraang quarter, ipinangako ng Coinbase sa mga shareholder na pagbutihin ng entity ang mekanismo ng staking nito sa platform. Kamakailan, inilunsad ng Coinbase ang isang liquid staked token na tinatawag na Coinbase wrapped Ethereum (CBETH). Noong Marso, itinaas ng Coinbase ang suporta nito para sa Cardano stake.　　Staking is a process that helps the long term crypto holders to earn rewards for holding certain types of digital currencies. For staking the cryptocurrencies, they utilize consensus mechanisms, a popular crypto method called Proof of Stake (PoS). Currently, if the investor wants to stake, there are a lot of options, like Ethereum, Cosmos, Solana, and Cardano.　　The company released a letter on November

2022-11-07Ethereum

Ethereum Reaches Oversold Region as It Recoups Above $1,500

Ethereum　　Ethereum Reaches Oversold Region as It Recoups Above $1,500　　11 / 07 / 2022　　Balita ng Ethereum ng Bitcoin　　Nob 07, 2022 nang 11:42 // presyo　　The price of Ethereum (ETH) is currently in an uptrend. The largest altcoin continues to move between the $1,500 support and the $1,600 level. The $1,600 resistance area was tested twice by buyers, but they were unable to maintain their bullish momentum above it. 　　The negative momentum against Ether stalled for today above the $1,500 support. After Ether was demented at the $1,600 high, it was initially forced to fall to the $1,400 support. The altcoin is expected to rise and reach its previous highs of $1,600 and $1,800 again if it overcomes the initial resistances. The altcoin is currently declining, which cancels the upward movement. If Ethereum is rejected by the stock market, it would quickly fall to a low above $1,400.　　Pagsusuri ng tagapagpahiwatig ng Ethereum　　Ethereum is still at the 58 level of the Relative Strength Index for the 14 period, suggesting that the value of the altcoin will rise. The price bars for Ether are above the moving average lines, indicating a possible price increase. Ether is below the 20% area of the daily stochastic. This

2022-11-07Ethereum

Google Signals Major Crypto Push With Ethereum, Solana Support

crypto EthereumGoogle Signals Major Crypto Push Gamit ang Ethereum, Solana Support　　11 / 07 / 2022　　Balita ng Ethereum ng Bitcoin　　Google Cloud has trumpeted a series of collaborations with popular blockchain networks Ethereum and Solana in recent weeks, accelerating the tech giant’s support of Web3.　　Late last month, Google Cloud announced a node-hosting service for Web3 developers called the Blockchain Node Engine. The tool is designed to help build and deploy on blockchain-based applications and platforms.　　Ethereum is the first blockchain supported by the engine. Rival network Solana is to follow soon, per a tweet over the weekend. The post sparked a near-20% rally for the network’s native token, although it has since given up most of those gains.　　“Web3 companies who require dedicated nodes can relay transactions, deploy smart contracts, and read or write blockchain data with the reliability, performance, and security they expect from Google Cloud compute and network infrastructure,” Google Cloud executives Amit Zavery and James Tromans said in a statement.　　Sa katapusan ng linggo na ito Breakpoint 2022 conference in Lisbon, an event held by the Solana Foundation, Google’s Web3 lead Nalin Mittal explained that Google has really deepened its investment in the Web3 space throughout 2022. This has culminated in the

2022-11-07Ethereum

Ethereum rallies past crucial resistance, can it push to $2,000 this month

Isang linggo na ang nakalilipas, Ethereum [ETH] flipped the $1,485 mark from resistance to support. Since then, it has posted gains of 10.9% and rising at press time. With Bitcoin [BTC] also looking bullish, it looked like the entire crypto market had a bullish outlook in the coming days.　　Narito ang AMBCryptos Prediction ng Presyo para sa Ethereum [ETH] sa 2022 2023-　　Dami ng kalakalan ng NFT also took a hit in October, but the number of unique traders rose by 18% in October. This suggested demand was still going strong in the NFT market.So far, so good for the bulls who can now watch out for $1800 and $1950　　Pinagmulan: ETH / USDT sa TradingView　　Ethereum formed a range (white) between $1,270 and $1,390 in September and October. The breakout from this range saw ETH surge to $1,600, but the trading volume was not particularly high. The On-Balance Volume (OBV) did not see a sharp move upward either, which suggested that buying pressure might not be strong enough to reverse the higher timeframe downtrend.　　The OBV was able to crest a resistance level from the past six weeks, which supported the rally of the past two weeks. At the time of writing, the price

2022-11-06Ethereum

Bitcoin Price Is Holding Well Above $20k But This Penny Crypto Can Surge 30x

Sumali sa aming Telegrama channel upang manatiling napapanahon sa breaking news coverage　　Trading at $20,209 at the time of writing, the presyo ng bitcoin has dropped back, but is holding support above the $20k psychological level.　　Market participants looking for a steer on where the bitcoin price might be headed are faced of the difficulty of assesses when its rangebound pattern around $18,00 and $20,000 could break to the upside.　　But a metric called the Yardstick ng Bitcoin for signalling when bitcoin is trading at cheap, risky or expensive levels, may currently be indicating a favourable entry point into the market. Could it be time to bumili bitcoin？　　An Experts Take On the Bitcoin Price Dip and Possible Break Out　　The Bitcoin Yardstick is currently at its lowest level ever seen, which, according to the indicator, means bitcoin is trading cheaply.　　If the metric is an accurate reading of the state of the market, then bitcoin is much more oversold than the typical holder realizes and points to a conventional macro bottom being formed for BTC/USD.　　The metric was devised by Charles Edwards, the CEO of digital asset fund Capriole, created the Bitcoin Yardstick and has observed that it has just hit its second-lowest level ever.　　In his

2022-11-06Bitcoin

Ethereum (ETH) Price Prediction 2025-2030: Calculating the odds of a 500% hike

EthereumPrediksiyon ng Presyo ng Ethereum (ETH) 2025-2030: Kinakalkula ang posibilidad ng 500% pagtaas　　11 / 05 / 2022　　Balita ng Ethereum ng Bitcoin　　Narito ang AMBCryptos Prediction ng Presyo para sa Ethereum [ETH] para sa 2023-24Bakit mahalaga ang mga projection？　　Kapansin-pansin, karamihan sa merkado ng altcoin ay nanatiling walang ginagawa kahit na matapos ang paghahati. Isa sa iilan na mabilis na nakakuha ng momentum ay ang Ethereum. Nagkaroon ng Ethereum nadagdagan ng 200% mula sa pinakamataas nitong 2017 sa pagtatapos ng 2021.Ang presyo, dami, at lahat ng nasa pagitan ng Ethereum　　$ 199 bilyon.　　Ang aktibidad ng ether spot market ay tumaas din, kasama ang cryptocurrency labis Bitcoin bilang ang pinakana-trade na barya sa Coinbase noong nakaraan. Gayundin, habang ang dami ng kalakalan para sa Ether ay bumubuo ng 33.4% ng buong turnover na naitala sa linggong nagtatapos sa 29 Hulyo, ang volume para sa Bitcoin ay umabot sa 32%, na ang SOL ay huling pumasok.　　Kahit na mahirap hulaan ang presyo ng isang pabagu-bagong cryptocurrency, karamihan sa mga eksperto ay sumasang-ayon na ang ETH ay maaaring muling tumawid sa $4,000 na hadlang sa 2022. At, ayon sa kamakailang pagtataya ng Bloomberg intelligence analyst Mike McGlone, ang presyo ng Ethereum ay magtatapos sa taon sa pagitan ng

2022-11-06Ethereum

Vitalik Buterin Dispensed Updated Ethereum Roadmap Featuring “The Scourge”

EthereumIbinigay ni Vitalik Buterin ang Updated Ethereum Roadmap na Nagtatampok ng “The Scourge” Each category has its own set of goals.Vitalik Buterin’s The Scourge phase seeks to address MEV concerns.　　Vitalik Buterin, the co-founder of Ethereum, released an updated Ethereum roadmap on Saturday. After the Merge, the following phases are Surge, Scourge, Verge, Purge, and Splurge. The Ethereum roadmap now includes a new phase named “The Scourge,” which focuses on assuring trustworthy and credible transaction inclusion. It also aims to address the issues of centralization and censorship that arose during the Merge by switching to proof-of-stake.The Scourge Phase to Fix MEV Issues　　The Verge will introduce verkle trees, which contain a bigger amount of data in a smaller proof, allowing for smaller node size. The phase now includes verification to make confirming blocks using SNARKs even easier. Each category has its own set of goals. The involvement of quantum proofs will be more evident as a required feature of the endgame protocol.　　Vitalik Buterin‘s The Scourge phase seeks to address MEV concerns. Buterin has even proposed “partial block auctions” to minimize Ethereum censorship. He believes that “partial block auctions” can decentralize block manufacturing, limiting the power of builders. Furthermore, using a non-censoring MEV-Boost

2022-11-06Ethereum

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