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Tesla Sold 75% of BTC Holdings, Crypto Market Reclaims $1T, Ethereum Merge 90% Complete: This Weeks Recap - BitcoinEthereumNews.com

Bitcoin crypto EthereumNabenta ni Tesla ang 75% ng BTC Holdings, Crypto Market Reclaims $1T, Ethereum Merge 90% Complete: This Weeks Recap07 / 22 / 2022Balita ng Ethereum ng Bitcoin　　The past seven days were very eventful, and, fortunately, the week ended up in green. The total cryptocurrency market capitalization reclaimed the coveted $1 trillion level and is currently sitting at $1.1 trillion. This comes on the back of considerable increases across the entire market.　　Starting with Bitcoin, the cryptocurrency is up 14% in seven days. At the time of this writing, BTC trades at around $23,500, up 4.5% daily. This time last week, it was sitting at $21K, and it was mostly up only from then on. The weekly high was charted on Wednesday when the price soared above $24K.　　However, during this quarters earnings report, Tesla revealed that it sold “approximately 75% of its Bitcoin purchases into fiat currency.” Inevitably, this shook the market, and the price tumbled to $22K. Interestingly enough, the dump was somewhat contained, given the magnitude of the news, which further strengthens the prevailing narrative that the ongoing recovery rally might continue.　　Elsewhere, during this years edition of EthCC – an Ethereum-oriented conference held in Paris – Vitalik Buterin

2022-07-23Ethereum

Ang Into The Block Head of Research ay nagsabi na ang Deflation ay Magtatakda Para sa Ethereum Pagkatapos Pagsamahin - BitcoinEthereumNews.com

EthereumSinabi ng Head of Research ng Into The Block na Ang Deflation ay Magtatakda Para sa Ethereum Pagkatapos Pagsamahin07 / 22 / 2022Balita ng Ethereum ng Bitcoin- Advertising -　　Pagkatapos ng pagsasama, ayon sa pinuno ng pananaliksik sa Into The Block, ang deflation ay magtatakda para sa Ethereum (ETH).　　Pagkatapos ng Merge, inaasahang magsisimula ang deflation para sa ETH, ayon sa a tiririt ng pinuno ng pananaliksik sa Into The Block, Lucas Outumuro. Bilang karagdagan, sinabi niya na ang netong pagpapalabas ng ETH ay inaasahang babagsak sa isang lugar sa hanay ng -0.5 porsiyento hanggang -4.5 porsiyento, depende sa mga gastos sa network. Ang sumusunod ay isang pagtatantya kung ano ang maaaring hitsura nito batay sa makasaysayang data mula sa taong 2022.　　$ ETH magiging deflationary pagkatapos ng merge　　Ang net issuance ng ETH ay malamang na nasa pagitan ng -0.5% hanggang -4.5% depende sa mga bayarin sa network　　Ang katotohanan na, pagkatapos ng Merge, ang Ethereum ay magiging isang deflationary coin ay nakakaakit din ng atensyon ng komunidad ng cryptocurrency. Ang presyo ng E ay nasa pataas na trajectory, na ang presyo ay tumaas ng higit sa 34 na porsyento sa nakalipas na pitong araw. Nagsimula ito sa $1090 at umabot sa lokal na

2022-07-23Ethereum

Ethereum (ETH) Is Rapidly Outflowing from Exchanges, Figures Are Record-Breaking - BitcoinEthereumNews.com

Gamza Khanzadaev　　4-year low ETH balance on exchanges accompanied by 13-month-high weekly outflow　　The rise in the price of the main altcoin by 40% in the last seven days definitely surprised the whole crypto community, which absolutely did not expect such a turn of profitable events. Of course, many investors had the opportunity to gain ETH positions and did it at a fast pace, as statistics show, but it seems that the rapid growth made such a strong impression on them that they not only do not fix profits but withdraw Ethereum from exchanges at a record pace. To understand the situation in more detail, lets look at the data from glassnode.　　First of all, we need to look at Ethereums net inflows on the exchange. According to the metric, the historical low of minus $97 million was reached today. At the same time, the previous record of minus $65 million managed to last only a couple of hours of one day, after which it was absolutely crushed. At the same time, the weekly outflow of altcoins from exchanges renewed its 13-month high. A total of 29,823 ETH were withdrawn during the week, according to Glassnode.　　These stats were preceded by another mahalagang tagapagpahiwatig

2022-07-23Ethereum

Top Ethereum Altcoin Project Appears Ready for Major Rally, According to Crypto Analyst Michaël van de Poppe - BitcoinEthereumNews.com

crypto EthereumTop Ethereum Altcoin Project Appears Ready for Major Rally, According to Crypto Analyst Michaël van de Poppe07 / 22 / 2022Balita ng Ethereum ng Bitcoin　　A widely followed crypto analyst says one blockchain oracle built on Ethereum (ETH) is poised for a bullish flip.　　Ang mangangalakal na si Michaël van de Poppe nagsasabi his 618,300 Twitter followers that Chainlink (LINK) could explode from current prices nearing $7 to upwards of $10.　　Chainlink looks ready for $9.50-10.00, and theres not much you can do about that.　　Trigger if flip happens.　　Pinagmulan: CryptoMichNL/Twitter　　Diving deeper into ETH, the crypto analyst sabi ni he would be looking for shorts on the leading smart contract platform at current prices, though he sees strength in the upcoming Merge.　　Technically speaking, would be a short entry on ETH here.　　On the other hand, lots of strength with the merge coming up, so Id rather want to short with more conviction and confirmations.　　Crucial area to hold for ETH is $1,570, if thats possible, upwards continuation.　　Pinagmulan: CryptoMichNL/Twitter　　ETH is trading for $1,562 at time of writing.　　Si Van de Poppe din palagay interoperability blockchain Polkadot (DOT) has major upside potential.　　“Something to look at on DOT.”　　Source: CryptoMichNL/TradingView　　DOT is trading for $7.44 at time of writing.　　The trader also puts

2022-07-23Ethereum

Ethereum, Ripple, Cardano, Solana, and Polygon - BitcoinEthereumNews.com

EthereumEthereum, Ripple, Cardano, Solana, and Polygon07 / 22 / 2022Balita ng Ethereum ng Bitcoin　　This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Polygon.　　Ethereum (ETH)　　Ethereum had a fantastic rally after mid-July, increasing by 37.4% in the past seven days and since July 13th by over 60%, making it the best performer on our list. This is starting to make market participants wonder if the bear market is over, considering ETH is the second-largest cryptocurrency by market capitalization. While some speculate ETH already found its bottom, it is still too early to call it.　　The current price action is bullish, and the next key resistance is found at $1,720. The support at $1,400 was not even re-tested because buyers are so eager to get exposure. This is another bullish sign that the market sentiment has changed this month. The question is if it will last.　　Looking ahead, ETH is poised to test the key resistance at $1,720 and even rally towards $2,000 if it manages a successful breakout. The indicators on the daily timeframe remain bullish, and they do not appear overextended yet. The daily RSI will soon reach overbought conditions if this momentum maintains, so its imporstayo remain careful

2022-07-23Ethereum

Why Vitalik’s Plan After Ethereum Merge Could Revolutionize The Industry. - BitcoinEthereumNews.com

EthereumWhy Vitaliks Plan After Ethereum Merge Could Revolutionize The Industry.07 / 22 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum co-founder, Vitalik Buterin, anounced the next phase of Ethereum ecosystem development at the Ethereum Community Conference. Revealing that the long-awaited merge will only complete about 55% of Ethereums growth plan, Buterin released 4 other phases.　　The Surge, Verge, Purge and Splurge phrases would allow Ethereum to process about 100,000 transactions per second.　　The Plan After Ethereum Merge　　Vitalik‘s ambitious roadmap could mean higher scalability, speed, and decentralization for Ethereum. The long-awaited Ethereum merge changes Ethereum’s consensus mechanism from Proof-Of-Work to Proof-Of-Stake. This move will reduce ETHs energy consumption by over 99%.　　The Surge introduces sharding to the platform, a solution that largely increases speed and scalability. The Verge upgrades to smaller Merkle roots, which will improve storage and scalability. The Purge makes it easier for validators to store more data and reduce their bad debt. And lastly, the Splurge streamlines the process and ensures the success of the roadmap.　　One of the concerns regarding Blockchains has been about the ability of quantum computers to cause security breaches. Ethereum plans to make its platform resistant to quantum attacks in the long run.　　Recently, Polygon also anounced its plan regarding

2022-07-23Ethereum

Major BAYC Holder Loses $150,000 ETH In ENS Domain Listing Blunder – crypto.news - BitcoinEthereumNews.com

crypto EthereumMajor BAYC Holder Loses $150,000 ETH In ENS Domain Listing Blunder – crypto.news07 / 22 / 2022Balita ng Ethereum ng Bitcoin　　A large non-fungible token (NFT) hodler of the popular Bored Ape Yacht Club (BAYC) lost 100 ETH, or $150,000. The loss is due to a prank bet through his registered Ethereum Name Service (ENS) address.　　Bored Ape Yacht Whale Suffers Huge Asset Loss　　The affected NFT whale is Franklin Caldwell, who goes by the moniker on Twitter “franklinisbored” and owns 57 BAYC NFTs. On Wednesday, he used a different wallet to create the ENS domain “stop-doing-fake-bids-its-honestly-lame-my-guy.eth.”　　He was trying to get the EnsBidsBot account to tweet about a sizable 100 ETH offer on an ENS domain. Moreover, Caldwell made this as part of a joke about using such Twitter pages, which he had mentioned with other NFT collectors in the ecosystem.　　Franklinisbored quickly accepted the bid after his ENS domain got a bid of 1.9 ETH and failed to withdraw the initial price of 100 ETH.　　Caldwell commented on the incident on his Twitter page, which was a miscalculation. He added that he couldnt imagine someone committing resources to make such a blunder.　　Caldwell is one of the top 10 whales of the Bored Ape

2022-07-23Ethereum

Bored Ape whale loses $150,000 of ETH in ENS listing fumble - BitcoinEthereumNews.com

EthereumAng bored Ape whale ay nawalan ng $150,000 ng ETH sa ENS listing fumble07 / 22 / 2022Balita ng Ethereum ng Bitcoin　　Franklin Caldwell, or “franklinisbored” as he is known on Twitter, nawala 100 ETH ($150,000) in an Ethereum Name Service (ENS) domain name transaction on Wednesday.　　Caldwell is the seventh-largest holder of Bored Ape Yacht Club non-fungible tokens (NFTs) and is regarded as an influencer in the NFT space.　　It all started when Caldwell created the ENS domain “stop-doing-fake-bids-its-honestly-lame-my-guy.eth” on Tuesday. Caldwell then placed a 100 wrapped ETH (WETH) bid on the ENS domain.　　This was done to draw attention to the fact that people routinely create ENS with comical phrases and place fake bids on them. This is done to get attention from a listing bot thats shares such bids on Twitter — and can often see a large number of retweets if the names are particularly humorous.　　Another NFT collector who goes by “8892” on Twitter placed a 1.89 WETH ($2800) offer on the x2y2 marketplace. Caldwell accepted the offer, forgetting that he had previously placed the 100 WETH “joke bid” on the same item. 8892 was then able to accept the existing 100 WETH offer since it was still there. This

2022-07-23Ethereum

Ethereum Price Surges Past $1,600, Trading Volume Surpasses Half of Bitcoins » NullTX - BitcoinEthereumNews.com

Bitcoin EthereumEthereum Price Surges Past $1,600, Trading Volume Surpasses Half of Bitcoins » NullTX07 / 22 / 2022Balita ng Ethereum ng Bitcoin　　After a relatively minor market correction yesterday, Ethereums price surged past the $1,600 level, currently attempting to establish new support. While Bitcoin also saw substantial price growth over the past 24 hours, Ethereum is leading the bull rally after the conclusion of EthCC this week, the largest European blockchain conference bringing together crypto enthusiasts worldwide.　　Ethereums 24-Hour Trading Volume Surpasses $20 Billion　　With Ethereum‘s recent price hike, its trading volume surpasses half of Bitcoin’s. While BTCs 24-hour trading volume is at $25 billion, ETH currently boasts a $20 billion trading volume, with a slight decrease of 3% in the past 24 hours.　　Tulad ng tinalakay sa yesterday‘s Ethereum price article, the hype surrounding Ethereum is due to its upcoming network merge, where ETH’s blockchain will switch from a proof-of-work to a proof-of-stake consensus model. This will make Ethereum not only a more sustainable network but, according to Vitalik, who took the stage at EthCC on Thursday, will enable Ethereums network to process in the order of 100k transactions per second.　　Moreover, Vitalik anounced that Ethereum would be 55% complete come September after the

2022-07-22Ethereum

Ethereum Pushes Upward in the Overbought Region as It Breaks Above $1,600 - BitcoinEthereumNews.com

Over the past five days, Ethereum (ETH) has held above its moving average lines. The bottom line is that the cryptocurrency will try to rise in the bullish trend zone. 　　Today, the bulls are trying to break through the resistance at $1,600. On July 18 and 19, the bulls were beaten back when the altcoin reached the high of $1,631. Since the recovery and the subsequent breakout into the bullish trend zone, the upward movement was halted at the high of $1,600.　　If the bulls break the recent high and the upward momentum continues, Ether will rise to the high of $2,013. Bullish momentum will extend to the high of $2,967. Conversely, if Ether turns away from the $1,600 resistance zone, the altcoin will fall and be forced to range bound below the resistance zone. Meanwhile, ETH/USD is trading at $1,641.46 at the time of writing.　　Teknikal tagapagpahiwatig:　　Pangunahing Mga Antas ng Paglaban - $ 2,000 at $ 2,500 　　 Pangunahing Antas ng Suporta - $ 1,500 at $ 1,000 　　Ano ang susunod na direksyon para sa Ethereum？　　Ether has recovered from its downward movement and is trading in the bullish trend zone. Bulls are struggling to break through the resistance at $1,600. The

2022-07-22Ethereum
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