Pinakabagong Balita sa Crypto at Market Updates

ETH Price Faces A 17% Drop If Rectangle Pattern Support Breaks

Ethereum　　ETH Price Faces A 17% Drop If Rectangle Pattern Support Breaks　　27 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　For many investors, ETH price is back to the drawing board, down 9.7% in a week to $1,664 on Tuesday.　　The leading smart contracts token tumbled from support at $1,800 last week amid a market-wide sell-off that saw Bitcoin price drop from its range support at $29,000, before seeking support at $25,000.　　Ethereum came under heavy selling pressure, as traders swiftly switched to short positions that left many investors liquidated.　　Support that had been anticipated in the region between $1,780 and $1,800 due to the presence of the 200-day Exponential Moving Average (EMA) did little to stop bears from pushing the price lower.　　Trading below the upper dotted ascending trendline, which had provided support since November 2022, following the FTX exchange implosion enhanced the bearish sentiments, and thus encouraged traders to sell more.　　Although ETH price touched $1,545 during the descent, a knee-jerk reaction reclaimed support at $1,600 aided by the lower ascending trendline. This buyer congestion remains critical for the resumption of the uptrend, even as Ethereum dodders at $1,664.　　ETH Price On The Cusp Of Another 17% Sell-Off　　Ethereum has from April, following the Shapella upgrade rally to

2023-08-23Ethereum

Trigger For Bitcoin And Ethereum Amid Crypto Market Uncertainty

Bitcoin crypto Ethereum　　Trigger For Bitcoin And Ethereum Amid Crypto Market Uncertainty　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Bitcoin and Ethereum prices tumbled amid a growing uncertainty among traders, which saw more than $1 billion in longs liquidated. The broader crypto market is since under pressure of falling further as the US Securities and Exchange Commission (SEC) is reluctant to approve a spot Bitcoin ETF, appeals in Ripple lawsuit, and rejects Grayscales GBTC conversion to spot Bitcoin ETF.　　Grayscale Ruling As Trigger For Crypto Recovery　　Bloombergs analysts think Grayscale has a 70% chance of winning the lawsuit against the US SEC, which will bring positive sentiment to the crypto market, triggering high chances of most spot Bitcoin ETF approval this year. Currently, SEC is reluctant to approve any spot Bitcoin ETF this year.　　Traders are actively waiting for a decision in the Grayscale vs SEC lawsuit as it was delayed last week. Some believe the p　　Read More: Days Of Big Bitcoin Pumps Are Over, Says Bloombergs Mike McGlone　　Bitcoin and Ethereum Prices Reversal　　Sikat na crypto analyst Rekt Capital says Bitcoin is at the base of the Double Top, which is $26,000. Holding the support level is crucial for Bitcoin or else the price will fall

2023-08-22Ethereum

ETH Investors Worry as Bears Take Charge

Ethereum　　ETH Investors Worry as Bears Take Charge　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereum faces a prolonged bearish trend, testing investor resilience.　　Analysts warn of potential heavy correction, with $1,000 as key target.　　The crypto market is currently dominated by bears and one of the leading cryptocurrencies, Ethereum, stands as a testimony to it. ETH has been experiencing a steady downward momentum for an extended period. After briefly reaching $2000 following Ripples victory over the SEC in mid-July, the price was hovering in the range of $1845 to $1900 till the end of July. During the first two weeks of August, it ranged between $1750 and $1875. In the past week, the price hit a low of $1552 on August 17, marking the lowest price range since Q2 of the year, with values fluctuating between $1650 and $1698.　　Looking at the percentile, ETH experienced a decline of 9.66% over the past week and 12.25% over the month. As of now, ETH is priced at $1,662, reflecting a decline of 1.05% in 24H. Despite the current bearish momentum, some investors continue to “HODL,” holding onto their investments. And believing in the longevity of one of the eldest altcoin. This has resulted in a trading

2023-08-22Ethereum

Will Ethereum Price React to Vitaliks Latest Cashout ?

Ethereum (ETH) co-founder Vitalik Buterin was spotted moving 600 ETH worth approximately $1 million into a Coinbase exchange wallet on Monday, August 21. Historical on-chain data examines how ETH price could react to this noteworthy transaction.　　On Monday, August 21, an 0xd8d wallet address linked to Vitalik Buterins Ethereum Name Service (ENS) pseudonym — was spotted moving 600 ETH, worth $1.01 million, into a Coinbase wallet. The wallet now holds only 3,935 ETH ($6.57 million) at the time of writing.　　When large crypto investors move bits of their holdings into an exchange wallet, it typically means they are looking to cash out into fiat or trade in for other tokens.　　On-chain data analysis explores how previous noteworthy outflows by Vitalik have moved the market to project how ETH prices could potentially react in the coming days.　　Ethereum Price Declined 13% After Vitalik Sold In April　　Large transactions from recognized high-net-worth holders and influential figures like Vitalik Buterin often influence the markets significantly. Historical data culled from shows how Ethereums price sank by 13% barely a week after Vitalik made a significant outflow in April.　　How Will Ethereum (ETH) Price React to Vitalik Outflow | Vitalik.ETH/0xd8d wallet, Aug 2023. Source: Arkham Intelligence　　Sponsored　　Sponsored　　As shown in the chart below,

2023-08-22Ethereum

Base App Friend.Tech Reveals Users Ethereum (ETH) Addresses

Crypto social media platform friend.tech has denied it leaked a database of 101,183 Ethereum (ETH) addresses. The breach reportedly allowed the decentralized finance (DeFi) protocol to impersonate users on social media.　　The breach claimed to link the X (Twitter) IDs of affected members with their ETH wallets. The platform enables users to exchange tokenized shares with their influencers.　　X (Twitter) Users Voiced Doxxing Concerns Well Before Leak　　Several users whose ETH addresses were nakompromiso said they revoked access. The link to the leaked database has since broken.　　Four days before its launch friend.tech announced a new bridge to fund user wallets from Ethereum balances. On Aug. 12, a Twitter user with the handle “@w1nt3r_eth” na-flag concerns that friend.tech logged ETH transfers.　　Logging concerns observed on Aug. 12 | Source: @w1nt3r_eth　　The project team said the user misidentified “the printing of the user‘s public wallet address in their browser” as an attempt to log a transaction. They also claim friend.tech’s wallets need more than one signature to spend crypto.　　But friend.tech denied anything sinister had occurred, saying:　　This is just someone scraping our public API that shows the association between public wallet addresses and public Twitter usernames. Its like saying someone hacked you by looking at your public Twitter

2023-08-22Ethereum

Breaking: Vitalik Buterin Transfer $1Million ETH to Coinbase

Balita ng Ethereum ng Bitcoin　　Ethereum co-founder Vitalik Buterin transferred 600 ETH, valued at around $1 million, to Coinbase.　　Ethereum experienced a significant decline of over 9.5% in the past week.　　In a surprising turn of events amidst last week‘s unpleasant cryptocurrency market, Ethereum’s Co Founder Vitalik Buterin reportedly transferred 600 ETH to Coinbase, one of the leading cryptocurrency exchanges of the world). The move occurred after a sudden drop in the values of major cryptocurrencies, including Bitcoin (BTC) and altcoins, on August 18.　　During the market downturn, Bitcoin saw its price plummet to $25,409, while Ethereum experienced a considerable decline to $1,597. In this period of market instability, the cryptocurrency community observed the transfer of 600 ETH by Vitalik Buterin to Coinbase. According to the data, the value of the transferred ETH is estimated to be around $1 million.　　In a separate development, Buterin made a repayment of 251K $RAI on Sunday, while also withdrawing the equivalent of $1.6 million worth of Ether. This activity was confirmed by on-chain tracker, lookonchain. RAI may be used as collateral for other DeFi protocols since it is more “stable” than ETH or BTC, and it also has an interest rate incorporated in it.　　While the exact reason for

2023-08-22Ethereum

Ang crypto wrap-up ngayon: Mga pangunahing kaganapan na naganap

Ang crypto landscape ay wala kung hindi dynamic. Habang sinusubaybayan ng isa ang pang-araw-araw na yapak ng umuusbong na mundong ito, lumalabas ang dalawang pangunahing salaysay: Ang tuluy-tuloy na run-in ng Binance na may mga hamon at ang pagtaas (at potensyal na pagbagsak？) ng desentralisadong social media app, Friend.tech.　　Mga Problema sa Euro at Legal na Labanan ng Binance　　Ang Binance, ang nangungunang palitan ng crypto, ay muling natagpuan ang sarili sa mainit na tubig. Dumagsa ang mga ulat tungkol sa mga European user na nahihirapan sa withdrawal. Ang dahilan？ Isang hadlang na nauugnay sa mga paglilipat ng Single Euro Payments Area (SEPA).　　Bagamat binanggit ng isang nagmamadaling post sa X (ang platform na pumalit sa Twitter) ang pagsususpinde ng mga pag-withdraw ng euro sa pamamagitan ng SEPA, ang Binance ay mabilis na nagsagawa ng kontrol sa pinsala, na iginiit na ang mensahe ng suporta sa customer ay naipadala nang mali.　　Upang maalis ang hamog, ipinaliwanag ni Binance na ang mga serbisyo ng SEPA ay mananatiling walang patid hanggang ika-25 ng Setyembre, salungat sa umiiral na kalituhan. Habang naghahanap ng kalinawan ang komunidad ng crypto, ibinahagi ng ilang user ng Binance ang kanilang mga personal na pagsubok.　　Ang isang nakasisilaw na account ay nagmula sa

2023-08-22Industriya

Puppynet Hits New Highs bilang Shibarium Team Nakatuon sa Scaling

Shibarium Puppynet testnet achieves over 32 million transactions, post-pause, ahead of the mainnet launch, with high daily activity.　　Despite momentum, the SHIB burn rate decreased by 57% over the past day, as 70 million SHIB head to dead wallets, impacting recent price trends.　　Disappointment over the Shibarium mainnet rollout contributed to a 23% drop in SHIB prices, amid significant community engagement in burning activities.　　The Shibarium testnet, Puppynet, continues setting records for usage and transactions even as work progresses on the mainnet launch. Puppynet recently exceeded 32 million total transactions after activity resumed following a brief pause before the Shibarium mainnet rollout at the recent Toronto blockchain conference.　　Transaction levels quickly climbed back up from around 153k to over 170k daily following the restart on August 16. Over 2.1 million blocks have now been produced on the testnet as well. However, the number of connected wallets has dropped from over 17 million to 10 million.　　SHIB Burn Rate Dips After Initial Mainnet Hype　　While Puppynet maintains momentum, the burn rate for SHIB has slowed over the past day. A total of 70 million SHIB were sent to dead wallets in the last 24 hours, down 57% from the amount burned on Sunday.　　The two largest single burns

2023-08-22Industriya

Hinarap ng Titan Global ang SEC na Singilin sa Pagbubunyag ng Crypto Asset, Nagbabayad ng $1M Nang Hindi Inaamin ang Kasalanan

According to a recent press release, Titan Global Capital Management found itself in a battle against the US Securities and Exchange Commission (SEC). The regulatory body has announced charges against the firm, alleging misleading disclosures related to client crypto assets due to compliance failures. However, the firm agreed to a settlement exceeding $1 million.　　SEC Brings First Marketing Rule Action　　The US Securities and Exchange Commission has leveled charges at Titan Global Capital Management, alleging that the firm provided false disclosures due to lapses in compliance related to their clients cryptocurrency holdings.　　In response, Titan has consented to halt certain activities, accept an official reprimand, and remit a payment exceeding $1 million. This sum breaks down into an $850,000 civil fine and an additional $190,000 for prejudgment interest. Notably, a company statement highlights that Titan neither confirms nor refutes the SECs allegations.　　The SEC said that New Yorks tech finance company, Titan Global, used misleading ads with fake performance numbers and other rule breaks.　　From August 2021 to October 2022, Titan promoted advanced investment strategies to everyday users via its mobile app. The SEC states that Titan falsely claimed on its website about theoretical returns, even boasting up to 2,700% yearly gains for its Titan

2023-08-22Industriya

Vitalik Buterin Sends 600 ETH To Coinbase Amid Market Sell-off

Ethereum founder Vitalik Buterin recently transferred 600 ETH to Coinbase.　　Buterin‘s $1 million transfer came amid a 10% decline in Ether’s price over the past week.　　The Ethereum founders followers speculated that his transfer was likely to purchase altcoins.　　Vitalik Buterin, the Founder of the world‘s second-largest blockchain, recently deposited 600 ETH to crypto exchange Coinbase. Buterin’s $1 million transfer came amid a sell-off in the crypto market that prompted ETH‘s price to decline by nearly 10% over the past week. The crypto community expressed concerns, given that such transactions are likely followed by a drop in Ether’s price.　　Data from the Ethereum blockchain scanner Etherscan showed that a crypto address associated with Buterin transferred 600 ETH to Coinbase earlier today. The Ethereum founders million-dollar transaction comes just days after the broader crypto market witnessed a dramatic sell-off that triggered liquidations worth over $1 billion for crypto traders.　　At the time of writing, ETH was trading at $1,666, with a market capitalization of a little over $200 billion. The price drop last week took Ether‘s price to a two-month low of $1,615. According to the on-chain analytics platform Coinglass, more than $4 million worth of ETH positions were liquidated over the past 24 hours. As

2023-08-22Ethereum

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