Santiment Explains Why Ethereum Could Return Above $2,000

Ethereum  Ipinaliwanag ng Santiment Kung Bakit Maaaring Bumalik ang Ethereum nang Higit sa $2,000  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The on-chain analytics firm Santiment has explained that Ethereums underlying metrics may suggest that a return above $2,000 could soon happen.  Can Ethereum Surge Back Above $2,000 Anytime Soon?  In its latest insight post, the on-chain analytics firm Santiment has looked into the various indicators of the asset to see what the near future outcome of its price might be.  The first metric of relevance here is the “social dominance,” which, in short, tells us what percentage of discussions on social media platforms related to the 100 largest assets by market cap in the sector are coming from Ethereum alone. The below chart shows the recent trend in this indicator.  Looks like the value of the metric has gone down in recent days | Source: Santiment  As displayed in the above graph, the Ethereum social dominance has been on the decline recently as the asset‘s price hasn’t been moving much. Generally, investors find sideways movement boring, so it would explain why social media users arent talking about the coin that much.  Currently, the indicators value is below 7%, which means that less than 7% of all discussions

2023-07-21Ethereum

Crypto Trader Warns It Could Get ‘Really Ugly’ for Binance Coin (BNB), Updates Outlook on Two Ethereum Rivals

crypto Ethereum  Nagbabala ang Crypto Trader na Maaaring Talagang Pangit para sa Binance Coin (BNB), Mga Update sa Outlook sa Dalawang Karibal ng Ethereum  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  A widely followed crypto trader is issuing a warning on Binance Coin (BNB) as he charts the path forward for two Ethereum (ETH) competitors.  Pseudonymous na mangangalakal na Altcoin Sherpa nagsasabi his 195,900 Twitter followers that BNB, the utility token of the Binance Smart Chain, is flashing ominous signs.  According to Altcoin Sherpa, BNB could plunge by over 20% to revisit lows last reached in June of 2022 if the current support level fails to hold.  “BNB: It gets really ugly below these lows. $180-ish or lower is the area you‘d view if this current region gets lost. Lots of Fear, Uncertainty and Doubt (FUD) around this one, I wouldn’t personally long here.”  Pinagmulan: Altcoin Sherpa/Twitter  Ang BNB ay nakikipagkalakalan sa $244 sa oras ng pagsulat.  Next up is Avalanche (AVAX). While predicting that the Ethereum rival could appreciate over the medium term, the pseudonymous crypto analyst urges caution as Avalanche hovers below the 200-period exponential moving average (EMA).  “AVAX: 200 day EMA right here so be careful. But I think this goes higher in the midterm.”  Pinagmulan: Altcoin

2023-07-21Ethereum

Pre-mined Ethereum Reawakens, ETH Stays Steady Over $1,900

This came to light following another significant development – an Ethereum whale, with a colossal 61,216 ETH ($116 million), ended an eight-year hiatus  Ethereum, one of the leading cryptocurrencies in the market, recently may karanasan an unexpected tremor. A dormant pre-mined address containing 200 ETH, approximately $381,566 USD, sprang back into activity after 8 years of inactivity.  The wallet was identified as part of the initial coin offering (ICO) at Ethereums inception, marking a fascinating shift for those tracking the cryptocurrency.  This reactivation followed the emergence of an even larger Ethereum whale, who ended an eight-year dormancy by depositing a colossal 61,216 ETH, which equates to about $116 million, into the cryptocurrency exchange Kraken.  This considerable movement was identified as originating from an early participant in Ethereums ICO during the Genesis event.  Despite these market shakes, the price of Ethereum has remained steady. Ethereum, also known as ETH, closed at $1,902.26, with a modest 0.4% growth, proving its resilience to this sudden movement of pre-mined Ethereum. The market capitalization for Ethereum is presently $228.6 billion.  Ethereums ICO took place back in 2014, a pioneering event in the cryptocurrency world, where tokens were sold for approximately $0.31 each.  Those fortunate enough to have participated in the ICO and

2023-07-20Ethereum

B2Broker: B2BinPay Joins Forces with Ledger to Offer Customized Limited Edition Hardware Wallets

LONDON– (BUSINESS WIRE) -#B2Broker–The collaboration between B2BinPay and Ledger, two leading companies in their industries, marks a significant achievement. Through this innovative partnership, customers can now access an exclusive offering: a branded Ledger Nano X hardware wallet.  This limited edition wallet showcases a distinctive crypto-processing design and prominently displays the B2BinPay logo. The joint effort of these two companies combines their expertise to deliver an outstanding product for customers.  Two types of clients can access these exclusive ledgers:  1. New merchants and enterprise clients;  2. Existing loyal customers who have been supporting B2BinPay.  These branded ledgers serve as a disclosure of appreciation for their ongoing support.  To offer customers a smooth experience, B2BinPay will supply personalized promo codes for acquiring their hardware wallets. These distinct codes can be entered on Ledgers official website on the specified collaboration page, allowing individuals to secure their unique devices effortlessly.  Please note that only 1000 units of these branded wallets are available. This limited quantity underscores these devices exclusivity and exceptional worth, making them highly coveted by cryptocurrency enthusiasts and collectors.  Advantages of Ledger  Ledgers reputable multicurrency devices have gained the trust of individuals seeking a secure way to store their cryptocurrency private keys offline. These devices provide unbeatable protection against hackers while

2023-07-20Industriya

An indecisive options market keeps Bitcoin flat

Balita ng Ethereum ng Bitcoin  Bitcoin (BTC) has been locked in a tight trading range, fluctuating between $30,000 and $31,000. While some on-chain metrics show that this ongoing sideways movement has been observed before Bitcoins previous bull runs, there is little to indicate that a significant shift could happen soon.  Graph showing Bitcoins price in July 2023 (Source: CryptoSlate BTC)  The derivatives market, particularly the options market, reveals a divided sentiment about Bitcoins performance. This division is evident when analyzing Bitcoin options delta skew. The delta skew for options contracts expiring one week, one month, three months, and six months from now is 0.48%, -3.8%, -5.83%, and -8.62%, respectively.  Graph showing Bitcoins delta skew from June 19 to July 19, 2023 (Source: Glassnode)  Delta skew, also known as the “skew” or “risk reversal,” is a measure of market sentiment often used in the options market. It measures the difference in implied volatility between out-of-the-money (OTM) puts and OTM calls.  If the market is bullish, OTM call options (options to buy above the current price) will have higher implied volatility than OTM put options (options to sell below the current price) because traders are willing to pay more for the chance to buy the asset at a

2023-07-20Bitcoin

Ang Fed ay Mukhang Nakatakdang Magtaas ng Mga Rate Sa Hulyo, Ngunit Narito Ang Mga Detalye na Mahalaga

Ang mga merkado ay may mataas na kumpiyansa na ang Federal Reserve ay magtataas ng mga rate ng 0.25-porsiyento-puntos sa kanilang susunod na desisyon sa rate ng interes sa Hulyo 26. Iminungkahi ito ng Fed sa panahon ng kanilang desisyon sa Hunyo, na nagpapanatili ng mga rate ng matatag. Ang mga projection sa ekonomiya ng Hunyo ay nagpahiwatig ng isang batayang kaso ng dalawa pang pagtaas mula sa apat na natitirang mga pagpupulong ng Fed ng 2023. Bilang karagdagan, ang pahayag ng Hunyo ay tahasang tinukoy ang “karagdagang pagpapatibay ng patakaran” at sa panahon ng kanyang press conference, si Jerome Powell ay walang anuman na tinukoy ang desisyon ng Hunyo bilang isang “ laktawan”, marahil ay nagpapahiwatig na ang desisyon ng Hunyo ay isang paghinto sa pagitan ng mga pagtaas sa halip na isang mas pangunahing pagbabago sa direksyon para sa mga rate ng interes.  Sa isang talumpati noong Hulyo 13, malinaw na binaybay ng Fed Gobernador Christopher Waller ang posibleng mga aksyon na sinasabi ng Fed. “Nakikita ko ang dalawa pang 25-basis-point na pagtaas sa target na hanay sa apat na natitirang pagpupulong sa taong ito bilang kinakailangan upang panatilihing gumagalaw ang inflation patungo sa aming target.” Mahalaga, ang tamang

2023-07-20Industriya

Hindi Malinaw ang Baybayin Para sa Coinbase Sa kabila ng Tagumpay ng XRP sa SEC — Narito Kung Bakit ⋆ ZyCrypto

Tech  Hindi Malinaw ang Baybayin Para sa Coinbase Sa kabila ng Tagumpay ng XRP sa SEC — Narito Kung Bakit ⋆ ZyCrypto  19 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ang hating tagumpay ng Ripple Labs laban sa US Securities and Exchange Commission (SEC) ay nagdulot ng mga alon ng optimismo para sa Coinbase sa kaso nito laban sa regulator. Gayunpaman, ang mga analyst ay nagbabala na ang palitan ay nahaharap pa rin sa isang pataas na pag-akyat.  Nabanggit ng Berenberg Capital Markets sa isang bagong ulat na ang SEC ay mayroon pa ring malakas na kaso laban sa Coinbase tungkol sa katayuan ng ilang mga alok. Ayon sa ulat, ang mga paratang ng Coinbase na nag-aalok ng mga hindi rehistradong securities sa publiko ay nagtataglay ng sustansya bilang ebidensya sa kamakailang paglipat ng palitan.  Halos isang araw pagkatapos ng desisyon ng korte na ang XRP ay hindi katumbas ng isang seguridad, lumipat ang Coinbase upang suspendihin ang mga operasyon ng serbisyo ng staking nito sa apat na estado ng US. Sinabi ng Coinbase sa anunsyo nito na ang paghinto sa serbisyo ng staking nito ay hindi pag-amin ng pagkakasala ngunit idinisenyo upang payagan ang mga legal na paglilitis na patakbuhin ang kanilang buong kurso.  Gayunpaman,

2023-07-20Industriya

Ang Ubisoft ay magpapatakbo ng isang Cronos blockchain validator node

blockchain  Ubisoft na magpatakbo ng isang Cronos blockchain validator node  17 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ang Ubisoft, isang video game creator at publisher, ay nagpapalaki ng footprint nito sa non-fungible token (NFT) gaming industry pagkatapos makipagsosyo sa Cronos, isang blockchain network, ayon sa update noong Hulyo 18.  Ubisoft na magpatakbo ng isang Cronos validator node  Ang Ubisoft, na sikat sa mga prangkisa tulad ng Just Dance at Assassins Creed, ay mamamahala ng isang node sa network ng Cronos, isang open-source na platform na tugma sa Ethereum at Cosmos blockchains.  Ang Ubisoft, isang nangungunang creator at video game publisher, ay sumali sa Cronos ecosystem bilang network validator.  Bilang validator, ang Ubisoft ay magiging responsable para sa paggawa at pag-verify ng mga bagong block sa network ng Cronos, pagsanib-puwersa sa 27 iba pang mga validator ng blockchain, kabilang ang Crypto.com at Blockdaemon.  Ang hakbang na ito ay inaasahang magpapahusay sa desentralisasyon ng network, isang pangunahing tampok ng mga sistema ng blockchain.  Ang Cronos Labs, ang organisasyon sa likod ng network ng Cronos, ay nagsabi na ang kadalubhasaan ng kanilang kumpanya sa paglalaro, pangunahin sa pamamagitan ng kanyang Strategic Innovation Lab, ay maaaring makatulong sa pagsulong ng blockchain gaming.  Dati nang nagturo ang Ubisoft sa mga startup sa Cronos Accelerator

2023-07-20Industriya

XRP Surges to Frontline in Altcoin Showdown, Leaving Bitcoin Behind

Altcoins overtake Bitcoin in open interest race, with XRP in lead  In a recent report, smart data portal Kaiko reveals that open interest in altcoins is currently outpacing that of Bitcoin (BTC). The driving force behind this significant shift is the recent ruling in the long-standing SEC lawsuit against Ripple, which has had a resounding impact on market dynamics.  After what seemed like an eternity of anticipation, Ripple finally received a favorable ruling in its legal battle with the SEC. The immediate market reaction was one for the books. Within a mere few days, XRP has witnessed an impressive 69% surge in value. Moreover, prominent exchanges such as Coinbase and Binance US, which had previously delisted the token, promptly relisted it to capitalize on the renewed interest.  Bukas na interes para sa #altcoins is rising faster than #BTC following the Ripple v. SEC ruling.   —Kaiko (@KaikoData) Hulyo 19, 2023  Thus, it is no surprise that the open interest values for XRP trading have surged by an astounding 100% over the past week, surpassing all expectations. When gauging the change in open interest since last week, XRP has remarkably overtaken Bitcoin by an impressive 50%. Other altcoins are following suit, albeit at slightly lower rates.  In

2023-07-20Bitcoin

How this Ethereum whale movement can affect your holdings

Ethereum  Paano makakaapekto ang Ethereum whale movement na ito sa iyong mga hawak  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  According to recent data provided by Lookonchain, an Ethereum [ETH] ICO (initial coin offering) participant re-emerged after eight years and deposited 61,216 ETH ($116M) to Kraken on 19 July. The participant received 61,216 ETH at Ethereum Genesis, with an ICO price of approximately $0.31.  How can ETH be impacted?  The ICO participant‘s deposit may lead to increased selling pressure in the Ethereum market. This increased selling activity could affect supply-demand dynamics and potentially lead to ETH’s downward price movements in the short term.  The future behavior of this whale will play an important role in ETHs price movement in the future.  Despite the FUD caused by the whales deposits, retail investors have continued to show faith in Ethereum. According to Glassnode, the number of non-zero addresses has recently reached an all-time high of 102,913,926. As the number of retail investors holding Ethereum rises, the possibility of them being more vulnerable to whale behavior grows.  Will the bears turn out to be right?  At press time, the selling pressure on Ethereum was relatively low. This was indicated by the relatively low MVRV ratio. A low MVRV ratio suggested that

2023-07-20Ethereum
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