Ethereums prospects shift: SEC acknowledges new spot ETF application

Ethereum  Ethereums prospects shift: SEC acknowledges new spot ETF application  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Mamamahayag  ETFs have been a major topic of discussion for the last few months and have mostly revolved around Bitcoin [BTC]. This time, Ethereum [ETH] is the subject of the latest ETF-related development.  Ilan ang halaga ng 1,10,100 ETH ngayon?  The SEC has reportedly acknowledged review of two ETF applications pertaining to Ethereum. The ETF applications in question were filed by Ark Invest and VanEck.  The acknowledgement might not necessarily be an approval, but it highlights a positive step forward as opposed to a rejection from the regulatory authority.  The above outcome means there is a considerable chance that the two ETH ETF filings might receive approval sometime soon. There will be a 45-day period, during which members of the public will be allowed to issue their opinions regarding the ETFs.  While this does not constitute confirmation that the ETFs will be approved, it points towards a potential positive outcome.  An approval of the Ethereum ETFs would open the flood gates of institutional liquidity into the cryptocurrency. The subsequent demand could potentially facilitate a bullish outcome. The ETH ETFs come at a time when the cryptocurrency has been struggling to secure bullish

2023-09-23Ethereum

Ethereum’s ‘Dencun’ upgrade likely delayed into 2024

Ethereum  Ethereum‘s ’Dencun upgrade likely delayed into 2024  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereums next major upgrade, Dencun, will likely see a delayed launch according to statements from developers during a meeting on Sept. 21.  Though Dencun is largely complete, it is still under development and in need of testing. Tim Beiko, a member of the Ethereum Foundation, said that Dencun still must be deployed to a testnet. He added that the timing of this step could delay Cancuns launch on the Ethereum mainnet — where real transactions occur — into the new year.  Beiko said during the meeting:  “I think the implication is, if we don‘t do a test net before Devconnect [Nov. 13-18] … it’s probably unlikely we can do mainnet before the … Christmas holidays … and people being gone so thats probably not the best time for committment.”  Developers previously did not give Dencun a definite date, but most previous estimates suggested that the upgrade would go live before the end of 2023.  Devs consider target testnet  News of a possible Dencun delay comes shortly after Ethereums Holesky testnet experienced launch issues. Holesky continues to wait for a relaunch.  During the current meeting, Developers addressed whether the Holesky testnet will be available for

2023-09-23Industriya

Susunod na Crypto Market Boom na Mangyayari Pagkatapos ng Bitcoin Halving: Analyst

Bitcoin crypto  Susunod na Crypto Market Boom na Mangyayari Pagkatapos ng Bitcoin Halving: Analyst  4 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The analyst said the crypto market will see lower lows before hitting a bull rally post-halving.  A crypto analyst said the U.S. Feds recession predictions align with the next crypto bear market.   He predicted 2027 as the next bear market, around the same time the U.S. Fed pointed to a recession.   Crypto analyst Dan Gambardello said, in a recent video on YouTube, that the recent statements of the U.S. Federal Reserve mirror the future of the crypto market. According to the video, the recession prediction by the Fed aligns with the next crypto bear market.  While referencing historical charts, Gambardellot noted the similarities between previous bear and bull markets. Per the video, the U.S. Feds prediction for a “soft landing” will happen when the crypto market is expected to take “a breather.”  The “soft landing” that the analyst predicted comes right before the Bitcoin halving, which is set to happen in April of next year. Furthermore, historical data showed that the crypto markets often hit lower lows before halving.  The analyst added that the next crypto market boom would happen right after the halving. He

2023-09-23Industriya

Crypto Price Analysis Sep-22: ETH, XRP, ADA, SOL, and BNB

crypto Ethereum  Crypto Price Analysis Sep-22: ETH, XRP, ADA, SOL, and BNB  16 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Sa linggong ito, mas malapitan nating tingnan ang Ethereum, Ripple, Cardano, Solana, at Binance Coin.  Ethereum (ETH)  Since June, Ethereum has formed a large ascending triangle. However, yesterday, the price fell under this formation and closed the week with a 2% loss. This puts ETH in a difficult position as it signals this correction may just be starting.  There is good support at $1,440 and ETH may test this level before any sustained recover can be had. So far, the price action remains bearish and the resistance at $1,660 continues to hold strong.  Looking ahead, ETH is in a downtrend and this latest breakdown puts sellers in charge with little hope of a reversal at this time.  Tsart ng TradingView.Ripple (XRP)  XRP has been consolidating since mid-August and has closed the week with a 2% profit. While this is not much, this price action looks much better than ETH and makes new lows unlikely.  The current support at 47 cents has held well twice so far and buyers came every time the price tested this level. The resistance is at 57 cents and has not been seriously tested yet.  Looking ahead,

2023-09-23Ethereum

Long-Dormant Ethereum Genesis Wallet Awakens to Transfer ETH to Coinbase

Ethereum  Long-Dormant Ethereum Genesis Wallet Awakens to Transfer ETH to Coinbase  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Alex Dovbnya  An Ethereum ICO participant, inactive for nearly eight years, has transferred 32.1 ETH to Coinbase  A previously inactive Ethereum ICO participant inilipat 32.1 ETH to Coinbase, after remaining dormant for eight years. This particular Ethereum address, which appears to be linked to shemnon.eth (@shemnon), was part of the Ethereum Genesis and had initially received 200 ETH.  The sudden activity has piqued interest and speculation within the cryptocurrency community, particularly given the significant value appreciation of Ethereum since its inception.  Recent stirrings of early ETH whales  Over the past few months, several Ethereum addresses associated with the platforms initial coin offering (ICO) have shown activity after years of inaction. For instance, in July, an Ethereum ICO participant ended an eight-year hiatus, depositing an enormous 61,216 ETH, valued at roughly $116 million, into the cryptocurrency exchange, Kraken.  Furthermore, in a separate incident aligning with Ethereums eighth anniversary, another long-inactive wallet transferred 641 ETH and began staking, equating to a value of approximately $1.19 million.  Such transactions draw attention not just because of their substantial size, but due to the significant gains these early Ethereum supporters have seen.  With Ethereums ICO price being

2023-09-22Ethereum

Gumagalaw ang mga Balyena ng Mahigit $660,000,000 sa Bitcoin, Ethereum at Chainlink – Dito Patungo ang Crypto

Bitcoin crypto Ethereum  Gumagalaw ang mga Balyena ng Mahigit $660,000,000 sa Bitcoin, Ethereum at Chainlink – Dito Patungo ang Crypto  Balita ng Ethereum ng Bitcoin  Deep-pocketed crypto investors are moving hundreds of millions of dollars worth of digital assets as Bitcoin (BTC) dips below $27,000.  New data from whale-surveying platform Whale Alert shows that high-net-worth traders have abruptly moved over $660 million worth of Bitcoin, Ethereum (ETH), and Chainlink (LINK).  Nine of the 14 transactions moved digital assets to exchanges Binance, Coinbase, Gate.io and OKX.  The combined $426.9 million worth of BTC transactions on Whale Alerts radar include:  753 BTC na nagkakahalaga ng $20,027,198 na inilipat mula sa hindi kilalang wallet patungo sa Coinbase.  4,000 BTC worth $108,809,426 transferred from Bitfinex to an unknown wallet.  1,062 BTC worth $28,965,043 transferred from an unknown wallet to Binance.  2,927 BTC na nagkakahalaga ng $79,646,728 na inilipat mula sa hindi kilalang wallet patungo sa Coinbase.  3,999 BTC worth $109,277,857 transferred from an unknown wallet to an unknown new wallet.  2,925 BTC worth $80,258,506 transferred from unknown wallet to Coinbase.  Ang Bitcoin ay nakikipagkalakalan sa halagang $26,559 sa oras ng pagsulat, bumaba ng 1.6% sa huling 24 na oras.  Moving on to smart contract platform Ethereum, Whale Alert finds about $191.1 million worth of ETH transactions, including:  22,343 ETH

2023-09-22Bitcoin

New Liquid restaked token tests staking same ETH multiple times

Ethereum  Mga bagong pagsubok na Liquid restaked token na nagtataya ng parehong ETH nang maraming beses  Balita ng Ethereum ng Bitcoin  Stader Labs has introduced a new Liquid Restaked Token (rsETH) on testnet that allows users to stake the same ETH on multiple networks simultaneously.  The recently launched rsETH token builds on EigenLayer‘s restaking protocol and is designed to boost staking rewards by leveraging liquid staking tokens like Lido’s stETH and Coinbase Wrapped Staked ETH (cbETH).  Restaking enables users to earn staking rewards on ETH while retaining liquidity. During a recent interview with The Block, Stader Labs co-founder Dheeraj Borra explained the benefit of such a system.  rsETH is more than just a token; it is an entry point to more rewards and opportunities in the crypto landscape, allowing users to aggregate rewards from various different sources to maximize their holdings  Stader Labs co-founder Dheeraj Borra  The rsETH token works by letting users deposit liquid staked ETH tokens and mint rsETH representing fractional ownership. These assets are distributed to node operators within Staders network to earn a share of staking rewards.  Holders can trade rsETH on decentralized exchanges (DEXs), use it in decentralized finance (DeFi) protocols, and redeem the underlying assets anytime. The token is currently live on Ethereum

2023-09-22Ethereum

Ang Dubai BIT Exchange ay Naglunsad ng Mga Opsyon sa Filecoin sa gitna ng SEC Battle

BIT, a leading cryptocurrency exchange based in Dubai and specializing in options trading, has rolled out Filecoin (FIL) options trading. In collaboration with trusted market makers Coinhako and Orbit Markets, the exchange aims to enhance pricing accuracy, lower transaction costs, and reduce counterparty risk.  This decision aligns with BITs strategy to meet the market demand for FIL options, as expressed by Lion, the Managing Partner of BIT.  Filecoin Options Open for Trading  The introduction of FIL options trading on BITs platform addresses several key issues. It brings more transparency to pricing, providing traders and investors with real-time, standardized pricing data.  Furthermore, it mitigates counterparty risk and lowers transaction costs, often associated with over-the-counter (OTC) platforms where a substantial volume of altcoin options is traded.  According to Lion,  “Weve received increasing interest from institutional investors, miners and hedge funds to offer FIL options. This launch is a direct response to the growing demand within the Filecoin community and the broader crypto market.”  Filecoin is an open-source cloud storage marketplace and protocol. Its diverse ecosystem extends across various sectors, including public data, healthcare, gaming, web publishing, NFTs, verifiable storage, and decentralized identity.  Magbasa nang higit pa: Filecoin (FIL) price prediction 2023/2025/2030  SEC Not a Fan of FIL  However, this announcement comes amid

2023-09-22Industriya

Trader Warns One Blue-Chip Altcoin Is ‘Hanging On for Dear Life’, Updates Outlook on Bitcoin and Ethereum

Widely followed pseudonymous trader Altcoin Sherpa is issuing a warning on three of the top ten crypto assets by market cap.  Altcoin Sherpa nagsasabi his 196,400 followers on the X social media platform that Binance Coin (BNB), the native token of Binance Smart Chain and a utility token on the Binance crypto exchange, is “hanging on for dear life.”  “I think it‘s best to stay away from this one in the short term. I still think Binance is likely okay but it’s important to be cautious during these uncertain times.”  Pinagmulan: Altcoin Sherpa/X  The analyst‘s chart suggests that the fourth-largest crypto asset by market cap lacks upward momentum after failing to break through the resistance level at around the $330 price six times since May of 2022. Meanwhile, Altcoin Sherpa’s chart shows that BNB has broken below a two-month-long range, with the next support level over 10% below its current price.  BNB is trading for $210 at time of writing.  Turning to Bitcoin (BTC), Altcoin Sherpa sabi ni that he is bullish on the flagship in the near term.  “BTC: Still of the opinion this is going to go to $28,000 overall. Four-hour exponential moving averages all looking decent in the short term and not overextended; I

2023-09-22Ethereum

EGMAN Coin: Ang Crypto Revolution

In the world of cryptocurrencies, a new contender is making its way to success and promises to challenge the dominance of Sonik Coin. EGMAN Coin is the name you will hear more and more often in crypto conversations, with the ambitious goal of surpassing a market cap of $80 million. Inspired by the famous video game character Sonic the Hedgehog, EGMAN Coin is a unique project ready to win over investors with an innovative model.  EGMAN Coin Presale Phase  The EGMAN Coin development team set a modest pre-sale target of only $606,000 ($606,000). This affordable target could catalyse investor interest and lead to an early closure of the pre-sale phase. Therefore, the opportunity to participate in this phase could be limited in time.  Staking EGMAN Coin: A Long-Term Incentive  The concept of ‘staking’ is gaining popularity in the cryptocurrency world, especially among meme coins and next-generation projects. Projects such as BTC20 have seen a significant price increase due to token holders adherence to staking.  EGMAN Coin could follow this successful path by offering investors an additional incentive to purchase tokens. Furthermore, staking will help stabilise the price when the cryptocurrency is listed on Uniswaps decentralised exchange (DEX).  Timeliness is Crucial  With the pre-sale phase set to end

2023-09-22Industriya
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