Ethereum Price Trend Overwhelmingly Negative As Bears Aim $1,500

Ethereum  Ethereum Price Trend Overwhelmingly Negative As Bears Aim $1,500  30 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum is gaining bearish momentum below the $1,750 and $1,800 resistance levels.  Ang presyo ay kinakalakal sa ibaba $1,750 at ang 100-oras na Simple Moving Average.  Mayroong isang pangunahing linya ng bearish trend na bumubuo na may pagtutol na malapit sa $ 1,750 sa oras-oras na tsart ng ETH / USD (data feed sa pamamagitan ng Kraken).  The pair could resume its decline and visit the $1,500 support in the near term.  Ethereum Price Nosedives  Ethereums price started a major decline after it broke the $1,800 support zone. ETH gained bearish momentum after it traded below the $1,720 support, similar to Bitcoin.  The bears even pushed the price below the $1,600 level. Finally, it tested the $1,520 zone. A low is formed near $1,517 and the price is now attempting a recovery wave. There was a move above the $1,600 level. The price is now trading above the 50% Fib retracement level of the downward move from the $1,826 swing high to the $1,517 low.  Ang Ether ay nangangalakal na ngayon sa ibaba $1,750 at ang 100-oras na Simple Moving Average. Mayroon ding isang pangunahing bearish trend line na bumubuo na may

2023-08-18Ethereum

Heres How Bitcoin Price Could React If Bitcoin ETF Gets Green Light

Bitcoin  Ganito Maaaring Mag-react ang Presyo ng Bitcoin Kung Makakakuha ng Green Light ang Bitcoin ETF  12 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Traders are closely monitoring the U.S. SEC‘s decision regarding Bitcoin (BTC) ETF proposals from various institutions. Notably, BlackRock, the world’s largest asset manager, submitted its BTC ETF application in June 2023. This move aligns with other applicants such as WisdomTree and Invesco from the traditional finance sector, who are also seeking approval for their ETF proposals.  Potential Impact of ETF Approval on Bitcoin Price  Financial analyst Tom Lee recently shared his insights on the potential impact of ETF approval on Bitcoins price. Lee, a CNBC contributor, suggested that if the spot Bitcoin ETF gains approval, the resulting demand could outstrip the daily supply. In this scenario, Lee speculated that the price of Bitcoin could surge significantly, possibly reaching beyond $150,000 and even potentially exceeding $180,000.  Lee acknowledged the significance of the spot ETF‘s approval in his assessment. He explained that approval could lead to heightened demand and subsequently drive prices higher. Conversely, if the ETF isn’t approved, Lee indicated that Bitcoin might continue to hover around its current price of $29,000.  Factors Driving Bitcoin Prices  Lee also emphasized that regardless of the ETF decision,

2023-08-17Industriya

Crypto, mangyaring iwanan ang AI

crypto  Crypto, mangyaring iwanan ang AI  5 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The crypto boom of a few years ago was truly wild.  I wouldnt dare to call it a Wild West, but the way that people “discovered” cryptocurrency in 2017 and made millions of dollars from ICOs for projects that probably never existed, was indeed a wild time.  Cryptocurrency was something new, something weird, and something totally digital. You literally cannot get more online than magical internet money.  Since then, crypto has, of course, continued to exist, but on a more muted level. There might not be the same flurry of headlines every time that crypto sneezes, but the industry is obviously still real — even if its not quite thriving at the moment.  While crypto is settling down into middle age, there is a new kid in town. And this new kid is totally wild: artificial intelligence.  The same type of shock and awe that people used to bestow on the wondrous new properties of digital cash are now being bestowed on artificial intelligence. It‘s like AI came onto the scene and stole crypto’s thunder. AI is the thing that everyone wants to integrate into their products now, even though it makes absolutely zero

2023-08-17Industriya

Binibigyan ng Abu Dhabi ng pahintulot ang virtual asset firm na M2 na mag-alok ng mga serbisyo ng crypto

crypto  Binibigyan ng Abu Dhabi ng pahintulot ang virtual asset firm na M2 na mag-alok ng mga serbisyo ng crypto  4 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) has granted financial services permission to virtual asset firm M2 to operate a multilateral trading facility from the United Arab Emirates capital.  In an Aug. 16 announcement, the Abu Dhabi-headquartered M2 said the regulatory approval would allow institutional and retail clients in the UAE to “buy, sell and custody virtual assets,” such as Bitcoin (BTC) and Ether (ETH).  The M2 platform, which is scheduled to launch later in 2023, has been developed over the past year with a long-term vision to establish “the highest levels of trust, security and integrity in the emerging virtual asset class,” the announcement said.  Once live, the M2 platform will also allow UAE users to buy cryptocurrencies using fiat money, as well as access to derivatives and yield services.  “The process of obtaining the license is the first step on our journey, and we will remain in close dialogue with ADGM to ensure transparency around the custody of client assets,” said Stefan Kimmil, the CEO of M2.  Cointelegraph reached out to M2

2023-08-17Industriya

Inanunsyo ng PayPal ang paghinto sa mga pagbili ng crypto sa UK

crypto  Inanunsyo ng PayPal ang paghinto sa mga pagbili ng crypto sa UK  6 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  PayPal has announced that it will temporarily pause crypto buying services in the UK starting from Oct. 1, 2023, with a planned resumption in early 2024.  The latest decision, outlined in an email to select users on Aug. 14, comes in response to new regulatory requirements by the UK Financial Conduct Authority (FCA).  While crypto buying will be unavailable during this period, users can continue to hold and sell their cryptocurrencies. However, PayPal did not clarify whether users can transfer cryptocurrencies to other wallets or exchanges, a feature that currently seems limited to US users.  Compliance with new UK rules  The decision to pause the buying services comes as PayPal aims to comply with new regulations introduced by the UK FCA. The company will be required to “implement additional steps before customers can purchase crypto,” though specific details of the rules have not been revealed.  The UK is set to enforce a Crypto Travel Rule in September 2023, which mandates crypto companies to collect information about transaction parties. Moreover, new promotional rules concerning crypto promotion and advertising will be enacted in October. Neither regulation, however, seems to

2023-08-17Industriya

Nanalo ang Coinbase ng pag-apruba ng NFA para mag-alok ng Bitcoin at Ether futures sa US

Bitcoin  Nanalo ang Coinbase ng pag-apruba ng NFA para mag-alok ng Bitcoin at Ether futures sa US  7 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Cryptocurrency exchange Coinbase has obtained approval from the National Futures Association (NFA) to offer investments in crypto futures to eligible customers in the United States.  Announcing the news on Aug. 16, Coinbase stated that the company is now officially allowed to operate a Futures Commission Merchant (FCM) platform.  The approval enables Coinbase to introduce Bitcoin (BTC) and Ether (ETH) futures contracts through its Commodity Futures Trading Commission (CFTC)-regulated derivatives exchange.  “This is a critical milestone that reaffirms our commitment to operate a regulated and compliant business and be the most trusted and secure crypto-native platform for our customers,” Coinbase said in the statement.  According to a notice on Coinbases cryptocurrency futures web page, the new futures trading service will not be immediately available in the United States.  “U.S. regulated futures trading is coming soon. Sign up to join the waitlist and get early access,” the company said on the website.  In the announcement, Coinbase claimed that the global crypto derivatives market accounts for 75% of crypto trading volume worldwide. “The ability to trade using margin gives customers leverage and access to the crypto market

2023-08-17Industriya

Maaabot ba ng Axie Infinity ang $6 na Target?

Tech  Maaabot ba ng Axie Infinity ang $6 na Target?  8 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Axie Infinity (AXS) bears finally broke down the $6 support level on Aug 12 after nearly a month of multiple attempts. Amid growing bearish momentum, on-chain data examines the bulls chances of forcing an early AXS price rebound.   After losing the critical $6 support level, Axie Infinity (AXS) bulls are now making concerted efforts toward staging an early rebound. As losses begin to mount, will the $5 support break down, or can the bulls begin a recovery from there?  AXS is Now Approaching the Oversold Region  AXS price currently sits around $5.37, meaning the leading metaverse token has now shed 24% in value from last months peak of $6.90. After a month-long sell-off frenzy, AXS now appears to have entered the oversold territory.  Maliwanag, ang (NVT) ratio has dropped rapidly since AXS retraced from the $6 support on August 12.  Between August 12, and August 16, AXS witnessed a staggering 85% drop in NVT ratio, from 3,571 to just about 507.  Will Axie Infinity (AXS) Price Rebound? | NVT ratio, August 2023. Source: Santiment  The NVT ratio examines the relationship between the current market capitalization and the underlying transactional activity on

2023-08-17Industriya

Animoca Brands Joins Forces With AWS Activate To Boost Web3 Development

Tech  Animoca Brands Joins Forces With AWS Activate To Boost Web3 Development  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Animoca Brands, a prominent web3 investment company, has entered a strategic partnership with Amazon Web Services (AWS) Activate program to propel web3 development.   This collaboration positions Animoca Brands as an AWS Activate provider, granting its portfolio companies access to valuable resources, including up to $25,000 in Activate credits per startup for building on AWS infrastructure.  By joining forces with AWS Activate, Animoca Brands empowers startups within its extensive portfolio, comprising over 450 web3 companies spanning blockchain gaming, the metaverse, and non-fungible tokens (NFTs).  This partnership fosters a nurturing environment for these startups to actively contribute to the evolution of the open metaverse concept. This paradigm shift envisions a 3D virtual world where users possess ownership of the products and services they engage with.  The collaboration not only facilitates financial support but also equips startups with an array of tools, resources, and expert guidance. Entrepreneurs can harness secure AWS cloud services, spanning computing power, storage, databases, analytics, IoT, and machine learning, as they develop innovative solutions within both Web2 and Web3 realms.  This announcement arrives on the heels of Animoca Brands recent collaboration with CyberConnect to construct a

2023-08-17Industriya

Pagtataya ng Presyo Para sa Agosto – Polkadot, Aave, At Pomerdoge

Tech  Pagtataya ng Presyo Para sa Agosto – Polkadot, Aave, At Pomerdoge  19 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  In this article, we‘ll dive into the price forecasts for three prominent cryptocurrencies – Polkadot (DOT), Aave (AAVE), and Pomerdoge (POMD). These tokens represent different facets of the crypto landscape, each with unique features and growth potential. Let’s explore what the experts and market trends suggest for these assets in August.  Buod  Hula ng presyo ng Polkadot  Aave continues its downward trajectory  Pomerdoge set to pump by 100%  Mag-click Dito Upang Malaman ang Higit Pa Tungkol sa Presale ng Pomerdoge (POMD).  Polkadot (DOT): Unable To Shake Off Bears  Polkadot (DOT) has been steadily making its mark in the blockchain space. With its innovative interoperability features, Polkadot aims to bridge different blockchains and enable seamless data sharing. However, in recent times, DOT has faced price fluctuations, reflecting the broader market sentiment. In fact, the Polkadot price has dropped by 5.2% in the past month alone.  Analysts predict that August could see Polkadot continuing this downtrend. They point to the fact that its moving averages and technical indicators display strong sell signals. Moreover, the trading volume of Polkadot has fallen by 16% overnight, plunging to $73,826,146.  Additionally, the Polkadot crypto trades hands at $4.99

2023-08-17Industriya

Ang kaguluhan sa Russia ay nagpapalakas ng hindi pa naganap na USDT/RUB trade volume surge

Tech  Ang kaguluhan sa Russia ay nagpapalakas ng hindi pa naganap na USDT/RUB trade volume surge  10 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Mabilis na Kumuha  The USDT/RUB trading pair has seen a significant surge in volume, according to data from The Block.  This uptick reflects the heightened market activity surrounding a turbulent period in Russia. The total daily ruble volume for USDT/RUB hit a year-to-date high, with volumes spiking to nearly $10 million on Aug. 14 and dropping slightly to $6.36 million on the following day.  This surge coincides with the Russian rubles decline against the dollar, breaking the 100 mark on August 14. The increase in trading volume for USDT/RUB suggests that investors are turning towards stablecoin markets amidst the economic instability.  This trend was previously flagged by earlier this summer, noting the potential influence of political uncertainties, including fears of a potential coup in Russia, on the dynamics of crypto trading.  However, its critical to consider other factors at play, including global economic indicators and their potential impact on the valuation of the ruble. The relationship between cryptocurrency markets and traditional financial markets continues to evolve, and this development further underlines the intricate interplay between political events and digital asset trading.

2023-08-17Industriya
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