Balita sa Industriya ng Crypto at Market Trends

Ethereum: What could go right if ETH truly decouples from Bitcoin [BTC] - BitcoinEthereumNews.com

Bitcoin EthereumEthereum: Ano ang magiging tama kung ang ETH ay tunay na magde-decouples mula sa Bitcoin [BTC]08 / 06 / 2022Balita ng Ethereum ng Bitcoin　　The king of altcoins has shared a close correlation with Bitcoin since forever. Needless to say, every move made by the king coin has had some impact on Ethereum. That dynamic is begining to change, however, and this might bear a good result for the second-generation cryptocurrency and its investors.　　Ethereum rises beyond Bitcoin　　Over the last couple of weeks, the crypto-market has fluctuated between bullish and bearish. Although on a macro time frame, Ethereum has gained significantly, recovering all the losses noted by it in June.　　In light of improving market conditions, ETH has also improved its standing and was trading at $1,721 at press time. After its recent 8.1% rally, the altcoin neared a critical zone. This would set Ethereum up for a rally until the arrival of the Merge on 19 September.　　The Fibonacci Retracement from its all-time high of $4,811 to the lows of $880 has brought forward critical zones for Ethereum, and the altcoin is close to one of them. The 23.6% Fib level, which acts as a solid base/support for any rally, coincided. In

2022-08-07Ethereum

BitMEX Founder Arthur Hayes Believes that Twin Catalysts can Send ETH Soaring 200% - BitcoinEthereumNews.com

EthereumBitMEX Founder Arthur Hayes Believes that Twin Catalysts can Send ETH Soaring 200% 08 / 06 / 2022Balita ng Ethereum ng Bitcoin　　Arthur HayesHayes predicts that ETH would decline marginally to the $1,600 mark　　Ex-chief executive officer of BitMEX Arthur Hayes predicted a huge rally for ETH(Ethereum) with two possibilities.　　In a blog post, Hayes said that a catalyst that can ignite a hard rally for Ethereum is the success of its upcoming switch to a PoS (proof-of-stake) mechanism that is likely to be launched in September.　　The upgradation of Ethereum mainet to merge with its Beacon Chain that already uses a proof-of-stake mechanism. The upgrade will support the upgraded version of Ethereum 2.0 that is aimed at managing network scalability problems by setting the stage for future upgrades.　　Haye said Upgrades of Ethereum should be successful, and other factors that can serve as a tailwind for Ethereum is the Federal Reserve again adopting a loose monetary policy.　　As per the data of The Coin Market Cap, while writing this article the price of ETH was $1734 US dollars.　　Haye said that Ethereum is the second most popular and reliable cryptocurrency globally, and the prices of ETH can reach $3562 US dollars.　　According to Hayes, the price of

2022-08-07Ethereum

Might MakerDAO risk market decline due to Ethereums Merge - BitcoinEthereumNews.com

EthereumMaaaring bumaba ang market ng MakerDAO dahil sa pagsasama ng Ethereum08 / 06 / 2022Balita ng Ethereum ng Bitcoin　　MakerDAO [MKR] has claimed that the much-anticipated Ethereum [ETH] Merge could do more harm than good to its network.　　Maker, the builder of the stablecoin – DAI – explained the implications of the Pagsamahin in a 22-tweet long thread on 5 July.　　Mga tugon:　　• Confirm merge support from key external asset providers that interact with the Maker Protocol and services bridging DAI out to other chains.　　Now, of course the Proof-of- Work (PoW) sa Proof-of-Stake (PoS) transition was supposed to solve Ethereums scalability problems. However, MakerDAO claimed that the forked tokens could affect its system. Ergo, the question – How？　　Not made enough　　Ang protocol ipinaliwanag that the Merge could lead to perpetual contract backwardation and negative funding. Additionally, MakerDAO mentioned that the launch itself could trigger selling pressure across chains existing on PoW.　　Another risk highlighted was the possibility of assets becoming worthless on already staked Ethereum (sETH). Maker considers this a big concern as it has operated lending protocols using the system. Additionally, it pointed out that lending protocols risk getting higher ETH deposit rates due to increasing liquidity owing to the fork merge.　　Other factors considered

2022-08-07Ethereum

Will Uniswap and Optimisms Massive Crypto Rallies Continue? Santiment Analyzes Top Ethereum Altcoins - BitcoinEthereumNews.com

crypto EthereumMagpapatuloy ba ang Uniswap at Optimisms Massive Crypto Rallies？ Sinusuri ng Santiment ang Mga Nangungunang Ethereum Altcoin08 / 06 / 2022Balita ng Ethereum ng Bitcoin　　Analytics platform Santiment is looking at two crypto assets recording triple-digit percent increases over a relatively short period of time.　　Starting with decentralized finance (DeFi) platform UniSwap (UNI), Santiment sabi ni that the crypto asset has appreciated by over 150% over a period of nearly two months.　　“Uniswap has been on quite the tear in the past seven weeks, decoupling from the rest of the altcoin pack in several instances, and jumping +153% since June 18th.”　　According to Santiment, the daily address activity of Uniswap has risen and large holders of the crypto asset also continue to accumulate.　　It‘s also great to see that shark and whale addresses have been accumulating heavier and heavier percentages of Uniswap’s overall supply since May. The 100k to 1m UNI addresses, in particular, saw a massive accumulation spike just two weeks ago. And continued price rises soon followed.　　And speaking of whales, the amount of large transactions (which we deem to be transactions valued at $100,000 or more) are rising back to May levels as well. We can clearly see the major clump of

2022-08-07Ethereum

What these metrics tell investors about Ethereums readiness for the Merge - BitcoinEthereumNews.com

EthereumWhat these metrics tell investors about Ethereums readiness for the Merge08 / 06 / 2022Balita ng Ethereum ng Bitcoin　　Kasama ang Pagsamahin set for a launch in September, does Ethereum look ready for the next big step？ For its part, ETH has registered an uptrend in price action over the month of July. However, the utility of Ethereum rests on many sectors of Web 3.0. While being the flagship altcoin, Ethereum heads other cryptocurrencies on a host of different fronts.　　Magsisimula na ang countdown　　The transition to a Proof-of-Stake mechanism is set to release on 19 September. This is being termed the biggest change pa on the Ethereum blockchain. Ethereum has responded well to the hype by taking the center stage among cryptocurrencies since early July. Ether has also performed in tandem with the growing hype surrounding Ethereum.　　data naitala on Nansen revealed that WETH remains the favorite token of smart money. There has been a dramatic increase in the accumulation of WETH since mid-April. Interestingly, the majority of smart money held WETH for a longer term, with 76% of tokens held for 1-2 years or more.　　Unique addresses have risen on the network from 150k to almost 490k within 12 months. This remains a

2022-08-07Ethereum

Ethereum Founder Vitalik Buterin Not Concerned About Pro- PoW Individuals - BitcoinEthereumNews.com

EthereumAng Tagapagtatag ng Ethereum na si Vitalik Buterin ay Hindi Nababahala Tungkol sa Mga Indibidwal na Pro-PoW 08 / 06 / 2022Balita ng Ethereum ng Bitcoin　　The highly-awaited Ethereum upgrade dubbed ‘The Merge’ has kept crypto enthusiasts on the edge of their seat. Naturally, the most excited of all is Ethereum founder Vitalik Buterin. To the unfamiliar, the Merge is primarily the transition of the blockchain network from PoW to PoS. It aims to mitigate the harmful impact on the environment due to PoW. Another primary goal behind the upgrade is to reduce the gas fees.　　Along with all the excitement, the upgrade has also gathered a fair amount of criticism with some even pushing for the continuation of “ETH PoW” after upgrade. But the movement doesn‘t stress out Buterin even a bit. Buterin says these are just “a couple of outsiders” who own exchanges and look to make some quick profit. Therefore, there is no substantial long-term adoption, according to him. Especially, only because of the fact that Ethereum Classic has a superior community and product for pro- PoW individuals. Buterin says everyone whom he has conversed with, believes in transition to PoS. However, there are still going to be “a

2022-08-07Ethereum

Ethereum Price Analysis and Prediction for August 6th - BitcoinEthereumNews.com

Cryptocurrency markets remain relatively flat this Saturday as Bitcoin holds the $23k support while Ethereum is climbing above the $1,700 range. The global cryptocurrency market cap is up 1.51% in the past 24 hours, currently valued at $1.1 trillion. The fact the global market is above the $1 trillion range confirms the short-term sentiment this weekend that will hold Bitcoin and Ethereum at current levels until next week.　　Ethereum Price Prediction and Market Analysis　　ETHUSD is trading at $1,716, up 2.53% in the past 24 hours. After dipping to a low of $1,666 and peaking at $1,743, Ethereum has found its sideways trading range in the $1,700s.　　The 24-hour trading volume for ETHUSD is starting to fall as the digital asset narrows its range. Currently, the daily volume for Ethereum is $15.3 billion, down 11.83%.　　7D ETHUSD // Pinagmulan: CoinMarketCap　　Looking at the weekly chart, the current level of $1,700 is on the higher side, and ETHUSD could drop to the mid $1,600s in the next 24-48 hours. However, ETH is showing bullish momentum as investors are still excited for the upcoming merge in September, when Ethereums blockchain will switch from a proof-of-work to a proof-of-stake consensus mechanism, contributing to a more eco-friendly and sustainable

2022-08-06Ethereum

Buterin Says PoW Validators Flocking Back to Ethereum Classic Wont Disrupt Merge - BitcoinEthereumNews.com

EthereumSinabi ni Buterin na Ang mga Validator ng PoW na Bumabalik sa Ethereum Classic ay Hindi Makakagambala sa Pagsasama08 / 06 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum co-founder Vitalik Buterin said the upcoming blockchain‘s merge to patunay-ng-taya consensus would not adversely affect miners minting new tokens on the blockchain’s predecessor, Ethereum Classic.　　Speaking at a webinar on Saturday, Buterin noted that he doesnt expect any adverse effects on the blockchain since most of the Ethereum community is supportive of the merge. The merge to patunay-ng-trabaho negates the need for Ethereum miners that currently secure the network using expensive mining equipment and earn ETH in the process, for whom the merge could result in significant financial loss.　　As a result, many miners could flock back to the original Ethereum blockchain, Ethereum Classic, which still uses proof-of-work. Ethereum Classics roots can be traced back to a philosophical divide in the Ethereum community following the 2016 hack of The DAO, a decentralized autonomous organization whose rules of operation were encoded in code contained in a smart contract.　　Ang DAO ay na-hack to the tune of $3.6 million and divided the Ethereum community. One faction voted to move funds from The DAOS smart contract to another smart

2022-08-06Ethereum

Ethereum Name Service Price Prediction: ENS Trends Through Barriers - BitcoinEthereumNews.com

EthereumHula ng Presyo ng Serbisyo ng Pangalan ng Ethereum: Mga Trend ng ENS Sa pamamagitan ng Mga Harang08 / 06 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum Name Service (ENS) Price Prediction – August 5nThe ENS market trends through barriers, pairing with the valuation of the US fiat currency a couple of times. Just the last nine months ago, the cryptos all-time high reached $85.69, and its all-time low value in the two months stands at $7.40. Currently, the price is trading around $16.86 at an average percentage of 6.08 positives.　　Ethereum Name Service (ENS) Price Statistics:nPresyo ng ENS ngayon – $16.86nENS market cap -$341.4 milyonENS circulating supply – 20.2 milyonKabuuang suplay ng ENS – 100 milyonRanggo ng Coinmarketcap – #107　　ENS/USD Market nKey Levels: nMga antas ng paglaban: $ 18, $ 22, $ 26nMga antas ng suporta: $ 14, $ 12, $ 10n　　ENS/USD – Pang-araw-araw na Tsart nThe daily chart reveals the Ethereum Name Service market operation trends through some barriers over the trend buying signal sides of the SMAs. The 14-day SMA indicator is at $13.21, having been able to have briefly intercepted the 50-day SMA indicator to the upside, leaving the bigger SMA tool placed at around $12.81. The bullish

2022-08-06Ethereum

Nomad Recovers $22M of $190M in Ethereum Tokens Stolen in Hack - BitcoinEthereumNews.com

EthereumNabawi ng Nomad ang $22M ng $190M sa Ethereum Token na Ninakaw sa Hack08 / 06 / 2022Balita ng Ethereum ng Bitcoin　　Crypto bridge Nomad has recovered over $22.4 million of the $190 million-worth of Ethereum and Ethereum-based token stolen earlier this week.　　Earlier this week, hackers kinurot funds in Ethereum, USDC, DAI, WBTC, and CQT worth $190 million from Nomad, a project that allows users to move assets between blockchains.　　Ang tulay sinabi it was working with “its community, law enforcement and blockchain analysis firms to ensure all funds are returned” in a Thursday blog post.　　1/ Nomad team is working diligently to explore every angle to recover funds from the exploit.　　— Nomad (⤭⛓????) (@nomadxyz_) Agosto 5, 2022　　Nomad also said it would pay a 10% reward to hackers who returned the tokens to an Ethereum address—and that no legal action would be taken against those who did so. Stolen funds have slowly trickled in since the anouncement.　　“We urge all good actors to return funds ASAP to cement your status as a cooperative white hat,” the protocol said. “Anyone who returns at least 90% of the total funds they took will be considered a white hat. White hats can also choose to return the

2022-08-06Ethereum

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