Pinakabagong Balita sa Crypto at Market Updates

Lumalaban ang Bitcoin bulls na humawak ng $34K habang ang CME BTC open interest ay lumampas sa 100K

Bitcoin　　Lumalaban ang Bitcoin bulls na humawak ng $34K habang ang CME BTC open interest ay lumampas sa 100K　　5 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Bitcoin (BTC) is currently battling to hold the $34,000 level after a stellar rally and short squeeze saw its price push above $35,000 on Oct. 23.　　In an Oct. 24 market update, Capriole Investments founder Charles Edwards noted that after seven months of consolidation, Bitcoins upward move melted the $32,000 resistance “like butter.” He expects that the upcoming monthly resistance is unlikely to be a hurdle, saying:　　“It would make sense to see either a rapid continuation to mid-range ($43K) or short-term consolidation between support resistance at $32-$35K before continuation.”　　As Cointelegraph mentioned in an earlier price update:　　“Successive daily closes above the $31,700 level would be notable, as daily or weekly higher high candles above this level puts the price above a key pivot point and enters territory not seen since May 2022.”　　Regarding the catalysts for this weeks price move, Edwards agrees that the recent fervor over what looks to be a sooner-than-later Securities and Exchange Commission approval of a spot Bitcoin exchange-traded fund (ETF) is contributing to the rally, but he also cites a handful of other near-term

2023-10-26Industriya

Can ETH Hit $2k This Year as This Token Also Looks Poised to Surge

Ethereum　　Can ETH Hit $2k This Year as This Token Also Looks Poised to Surge　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereum (ETH) has showcased strong performance over the past week, with the tokens price up 15% since Thursday.　　With growing retail and institutional interest, many ETH holders are optimistic about it reaching the $2,000 level before the end of the year.　　Meanwhile, the newly launched Bitcoin Minetrix (BTCMTX) project is also making waves, offering investors an intriguing opportunity to get in on the ground floor before the token hits the open market.　　Ethereum Poised to Hit $2,000 Amid Renewed Bullish Momentum　　ETH is trading around the $1,787 level after posting six bullish daily closes in a row.　　This sharp surge has taken ETH above the 50-day and 200-day Exponential Moving Averages (EMAs) on the daily time frame, indicating that the tokens trend has definitively shifted.　　ETH has also breached the strong resistance level at $1,740, which had capped price twice since August.　　Zooming out, the token has emerged from the tight trading range it was trapped in for over two months, signaling newfound bullish momentum that could pave the way toward $2,000 in the near term.　　If ETH were to hit $2,000, it would represent a further 12%

2023-10-25Ethereum

Dogecoin millionaire suggests Bitcoins recent rise might be a bull trap

Bitcoin　　Dogecoin millionaire suggests Bitcoin‘s recent rise ’might be a bull trap　　52 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Glauber Contessoto, known widely as the “Dogecoin Millionaire” for his massive investment in the meme-inspired cryptocurrency earlier this year, tweeted a word of caution about Bitcoins (BTC) recent price surge.　　On Oct. 23, Contessoto urged investors to stay cautious. He claimed that “technically speaking we shouldnt be anywhere near an actual bull run right now.”　　The #Bitcoin historically predates all bull runs in the past and the next one isnt until April 2024. This could merely be a bull trap. Invest accordingly.　　Glauber Contessoto　　Contessoto took a major risk when he invested over $250,000 in Dogecoin (DOGE) in February, when it was trading around 4-to-5 cents. His bet paid off just two months later in April when he became a dogecoin millionaire on paper as the price surged to around 73 cents.　　Since then, Contessoto has continued to hold and has refused to sell despite dogecoins volatility. The now-millionaire even quit his day job at a music company in June to focus on building his “dogecoin millionaire” persona online. He now requests to be paid in Dogecoin for any social media promotions he does with crypto companies.　　Bitcoin is

2023-10-25Bitcoin

Prediksiyon ng Presyo ng Dogecoin at Ethereum: Ang Everlodge Bullish Momentum ay Nagpapatuloy Sa 130% Pagtaas

Ethereum　　Prediksiyon ng Presyo ng Dogecoin at Ethereum: Ang Everlodge Bullish Momentum ay Nagpapatuloy Sa 130% Pagtaas　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Talaan ng nilalaman　　Despite the recent downward performance of the broader crypto market, there are cryptocurrencies that are heading in an upward direction. For example, Dogecoin (DOGE) and Ethereum (ETH) recently saw a price increase, and analysts are bullish on their future. Furthermore, the presale-stage project (ELDG) can soon reach Stage 6, as investors are accumulating the crypto rapidly.　　● Dogecoin will rise to $0.098 by the end of Q4　　● Ethereum to spike in value as high as $2,335.71 by the end of 2023　　● Everlodge is projected to grow by 45x at launch　　Dogecoin (DOGE) is once again getting accumulated by investors on a global scale following its most recent upswing in value. During the previous week, the Dogecoin crypto made the jump from a low point of $0.057 to $0.060　　In addition, the Dogecoin crypto also has a market cap of $8,323,587,328, placing it 10th on the crypto top 100 list. As a result, analysts are now bullish on the future performance of the cryptocurrency. Based on the Dogecoin price prediction, it can rise as high as $0.098 by the end

2023-10-25Ethereum

Ang Bitcoin ay handa na para sa bagong rally dahil 80% ng supply ay nasa tubo

While long-term investors appear unaffected by the surge, the rally sets the foundation for a ‘resumption of the 2023 uptrend,’ analysts say　　Bitcoin (BTC) volatility explosion on Oct. 24 has set the market ready for a new rally as a “meaningful proportion of supply and investors now find themselves above the average break-even price,” Glassnode says.　　In a research report on Oct. 24, analysts at the blockchain analytics firm noted that over 80% of Bitcoin supply is now in profit as the market is approaching year-to-date highs.　　Bitcoin supply in profit | Source: Glassnode　　However, long-term holders (LTH) seem unaffected by this weeks rally as almost 30% of their supply is “held at a loss,” analysts say.　　The current state of affairs for Bitcoin holders is similar to late 2015 and early 2019 and the March 2020 bottom, suggesting that the current cohort “may well be a more hardened and firm-handed” compared to prior cycles, Glassnode added.　　“A meaningful proportion of supply and investors now find themselves above the average break-even price, located around $28k. This sets the foundation for a resumption of the 2023 uptrend.”　　glassnode　　In the meantime, analysts at Bitfinex say that on-chain metrics, such as the Spent Output Age Bands (SOAB), indicate further support

2023-10-25Bitcoin

Sinabi ni Cathie Wood na Malapit na ang Pag-apruba ng SEC Bitcoin ETF

Cathie Wood, the star stock picker and Ark Invest CEO, is increasingly confident that U.S. regulators will approve a Bitcoin exchange-traded fund (ETF) after years of rejections.　　Ark Invest has been in communication with the SEC regarding its Bitcoin ETF application, signaling a change in behavior that suggests the likelihood of approval.　　Wood believes there is growing hope that one or more Bitcoin ETFs will receive approval, potentially simultaneously.　　Star stock picker Cathie Wood expressed growing confidence that U.S. regulators will finally approve a Bitcoin ETF after years of rejections.　　In a recent interview, the Ark Invest CEO revealed her firm has been engaged in communications with the SEC regarding Arks spot Bitcoin ETF application. Wood views this as a change in behavior signaling the likelihood of approval.　　CATHIE WOOD: ???????? “SEC is engaging with us on the #Bitcoin ETF application. It shows a change in SECs behaviour.”　　– Bitcoin ETFs will come for sure.　　– Multiple ETFs will get approved at the same time.　　– The court is going to mandate the SEC ????　　—Bitcoin Archive (@BTC_Archive) Oktubre 23, 2023　　“I do think hopes are rising that one or a number of Bitcoin ETFs will be approved,” Wood commented. She believes multiple ETFs could get approved simultaneously after the

2023-10-25Industriya

Hinahamon ng Coinbase ang Awtoridad ng SEC na naghain ng mosyon para i-dismiss ang kaso ng securities

Cryptocurrency exchange Coinbase has filed a motion to dismiss the case brought against it by the U.S. Securities and Exchange Commission (SEC), arguing that the agency overstepped its boundaries.　　The SEC had charged Coinbase for failing to register as a securities exchange, broker, and clearing agency. In response, Coinbase contends that the SECs authority is limited to regulating securities transactions, not all forms of investment.　　In June, the SEC initiated legal action against Coinbase, alleging that the popular cryptocurrency exchange had violated securities laws by not registering as a securities exchange, broker, or clearing agency. Coinbase‘s response came on Tuesday, as it called into question the SEC’s jurisdiction over its operations.　　Coinbase‘s central argument hinges on the definition of securities and investment contracts. According to the exchange, the SEC’s authority should be confined to securities transactions, which involve contractual claims related to the future income, profits, or assets of a business enterprise. Coinbase asserts that the SEC‘s complaint fails to establish that the asset trades it identifies involve ongoing contractual obligations related to a business enterprise, thereby concluding that the SEC’s claims are unfounded.　　Coinbase defining investment contracts　　Coinbase contends that the SEC‘s current interpretation of investment contracts is overly broad, potentially giving the agency

2023-10-25Industriya

Ang Injective (INJ) ay Pumapaitaas Nang Makalipas ang $12 na Paglaban, Magpapatuloy Ba ang Bull Rally?

Historically, such extreme media hype has often served as an early warning signal and the price might reach a local top, prompting strategic traders to consider exiting.　　This pattern was evident around July 14 and August 18, when INJs Social Volume spiked to euphoric levels, followed by subsequent price declines. Based on this historical trend, it is plausible to anticipate a retracement if holders begin to lock in profits in the coming days.　　Teknikal na Pagsusuri ng INJ/USD　　Bullish momentum has prevailed in the Injective (INJ) market over the past 24 hours, with prices leaping from an intra-day low of $9.72 to a 20-month high of $12.60. This rally could have been fueled by positive market sentiment and increasing purchasing pressure. If this bullish momentum breaks over the $12.60 barrier, the next level to watch is around $15.　　At press time, INJ was trading at 12.41, representing a 28.13% increase from its intraday low. If negative momentum prevails and the price falls below the current level of $12.41, the next support level to monitor is around $10.00.　　During the bull run, INJs market capitalization and 24-hour trading volume increased by 28.42% and 200.14%, respectively, to $1,043,102,697 and $215,747,960. These substantial gains in market capitalization and

2023-10-25Industriya

Ethereum co-founder Vitalik Buterin sees $42m in weekly gains

Ethereum　　Ethereum co-founder Vitalik Buterin sees $42m in weekly gains　　17 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereum co-founder Vitalik Buterins crypto portfolio has increased by $57 million over the past week, according to blockchain analytics platform Arkham Intelligence.　　The value of the portfolio held in Buterins publicly-known addresses rose by over 14% from $396 million on Oct. 17 to $453 million on Oct. 24.　　The gain coincides with a significant increase in the price of Ethereum (ETH), which makes up the vast majority of Buterins holdings. ETH is currently trading at $1,835, up 9.4% compared to just a week ago.　　Buterin was an early contributor to the Ethereum project. He holds nearly 247,000 ETH spread across various publicly-known wallet addresses. As Ethereum‘s co-founder, he was allocated a significant share of ETH in the project’s early days. With ETH hitting new highs, Buterins stake has substantially increased in value.　　The 27-year-old crypto billionaire is known for periodically donating to charity. Very recently, he dispelled rumors that he sold some of his holdings, claiming that instead, he was donating more money to charity.

2023-10-25Ethereum

Grayscale ETF ruling comes into effect; Bitcoin experiences 7.6% daily gains

Balita ng Ethereum ng Bitcoin　　Courts issued a new mandate concerning Grayscales spot Bitcoin ETF proposal on Oct. 23, followed by gains across multiple markets.　　Grayscale aims to convert its GBTC fund to a spot Bitcoin exchange-traded fund (ETF). Courts issued a judgment compelling the U.S. Securities and Exchange Commission (SEC) to review the relevant proposal on Aug. 29. The matter attracted attention again this week as courts issued a formal mandate that further compels a review.　　The latest mandate has coincided with growth among multiple assets. Grayscale Bitcoin Trust (GBTC) — the subject of the above proceedings — is up 5.9% today.　　The crypto market, meanwhile, has seen broader gains. Bitcoin (BTC) gained 7.6% in the 24-hour period ending 10 p.m. UTC on Aug 24. Bitcoin outperformed Ethereum (ETH), up 3.9% over the same time period, and the entire crypto market, up 5.4%.　　Coinbase stock (COIN), meanwhile, gained 6.3%. Those gains may in part be attributed to a filing deadline in the company‘s own legal case with the SEC or other broader developments concerning the crypto exchange. However, it should be noted that Coinbase is expected to take part in surveillance-sharing agreements for various planned ETFs, including BlackRock’s but excluding Grayscales proposed fund.　　ETF approval

2023-10-25Bitcoin

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