Veteran Trader Peter Brandt Spots Interesting Bitcoin (BTC) Price Behavior

Beteranong mangangalakal Peter Brandt has spotted an interesting occurrence on the Bitcoin daily chart. He notes that four daily candles have closed in the 3/10ths of a percent range.  beteranong mangangalakal peter brandt 在比特币日线图上发现了一件有趣的事情。他指出,四根日线蜡烛的收盘价在 3/10% 的范围内。  Brandt says this is the definition of price equilibrium and calls this “hinge” behavior.  勃兰特说这是价格均衡的定义,并将这种行为称为“铰链”行为。  Apat na closed#s sa loob ng 3/10th ng 1% range. Ito ang kahulugan ng ekwilibriyo ng presyo. “Hinge” na pag-uugali. $ btc pic.twitter.com/PaMDhodPvb  apat na closed#s sa loob ng 3/10th ng 1% 范围。 ito ang kahulugan ng ekwilibriyo ng presyo。 “铰链”na pag-uugali。 $ btc pic.twitter.com/pamdhodpvb  - Peter Brandt (@PeterLBrandt) Hunyo 14, 2023  - peter brandt (@peterlbrandt) hunyo 14, 2023  The veteran traders comments might suggest a balance between bulls and bears, as he points to a price equilibrium. The current price range represents a “hinge,” which marks crucial price levels that further advancements or declines depend on.  资深交易员的评论可能暗示多头和空头之间的平衡,因为他指出价格均衡。当前的价格范围代表一个“铰链”,它标志着进一步上涨或下跌所依赖的关键价格水平。  Meanwhile, as technical factors play out, IntoTheBlock has reported that negative sentiment on Twitter around Bitcoin is reaching new highs. It states the significance of this: historically, big peaks have taken place shortly before or after price bottoms.  与此同时,随着技术因素的发挥,intotheblock 报道称,twitter 上围绕比特币的负面情绪正在创下新高。它说明了这一点的重要性:从历史上看,大峰出现在价格触底之前或之后不久。  Also, as indicated by on-chain analytics firm Santiment, Bitcoins exchange supply has fallen to its lowest level since February 2018. It was

2023-06-15Bitcoin

Pagsusuri ng presyo 6/14: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT

Balita ng Ethereum ng Bitcoin  The entire crypto market awaits the result of todays Federal Reserve presser, and traders are hopeful that positive news will trigger a price breakout to the upside.  The United States equities markets rose after the Consumer Price Index print on June 13 came in below expectations, but Bitcoin and the altcoins failed to recover. This suggests that cryptocurrency traders are focused on crypto-specific issues and are not buying on favorable macroeconomic news.  However, there is a ray of hope for the bulls because Bitcoin (BTC) is still holding above the $25,000 support. MicroStrategy co-founder Michael Saylor said in a Bloomberg interview on June 13 that the regulatory crackdown by the Securities and Exchange Commission may be bullish for Bitcoin. Saylor expects Bitcoins dominance to hit 80% in the future as “mega institutional money” flows into crypto after the “confusion and anxiety” dies down.  Although Saylors views may sound comforting to the Bitcoin bulls, traders should keep in mind that MicroStrategy has a large position in Bitcoin; hence, his views may be biased.  Traders hate uncertainty and generally stay on the sidelines until clarity emerges. The same may happen with the cryptocurrency markets in the near term. A trending move is

2023-06-15Ethereum

The Graph ditches Ethereum, migrates to Arbitrum in anticipated move

Ethereum  The Graph ditches Ethereum, migrates to Arbitrum in anticipated move  21 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  The Graph, a blockchain indexing protocol founded in 2018, is fully migrating to the Arbitrum network from Ethereum on Tuesday.  The Graph‘s move to the popular layer-2 was initiated by network participants in an attempt to lower gas fees, accelerate transactions, and increase the protocol’s accessibility, according to a press release from The Graph Foundation.  Edge & Node CEO Tegan Kline said users weighed the options among layer-2 networks and Arbitrum ultimately came out on top.  “The Graph users have continually searched for solutions to improve gas efficiencies and enhance other aspects of the network,” Kline said in a statement. “After careful consideration of all options on the market, the ecosystem selected Arbitrum as the Layer 2 scaling solution that will bring speed and affordability to protocol developers and network participants.”  This has been long in the making, with plans to move being known as far back as April 2022 via a governance proposal that suggested creating a set of contracts that would bridge GRT transactions to Arbitrum. Discussions about moving to a layer-2 network because of prohibitively expensive gas prices date back to November 2021 on The

2023-06-15Ethereum

Ethereum Price Crash: Analyst Predict ETH Price Is On the Verge To Drop Below $1000 Level

The post Ethereum Price Crash: Analyst Predict ETH Price Is On the Verge To Drop Below $1000 Level appeared first on Coinpedia Fintech News  After closing the past two months with a bearish outlook, the Ethereum (ETH) market seems to be reversing toward last years lows. The top smart contract network and the second most valuable blockchain by market capitalization face more regulatory scrutiny in the United States after the SEC argued it could be a security. Regulating Ethereum as a security could complicate the industry since other global markets use a different approach that entails a commodity.  Pagsusuri ng Ethereum na Presyo  According to a pseudonymous and popular crypto analyst called CryptoCapo, the Ethereum market is on the cusp of major capitulation below the FTX levels. Precisely, the analyst pointed the targets for Ethereum price to between $550 and $650. Having experienced a significant resistance pressure around $2,041 after the Shanghai upgrade two months ago, the analyst highlighted that Ethereum needs to fall further to regain bullish sentiments.  The Ethereum (ETH) market holds the largest share in the smart contract industry which has attracted more institutional investors in the recent past. However, the regulatory uncertainty in the United States could push institutional liquidity

2023-06-14Ethereum

Gemini Launches ETH & MATIC Staking Services in Switzerland and Turkey Amidst U.S Regulatory Crackdown on Crypto Staking

Crypto exchange Gemini has anunsyado the expansion of its staking services to users in Switzerland and Turkey. The development comes at a time when United States-based exchanges face regulatory hurdles with the Securities and Exchange Commission (SEC) regarding similar services.  The launch was announced through the companys Tweet, which noted that customers could now stake Ethereum (ETH) and Polygon (MATIC) in the two countries. The move aims to provide investors with new opportunities to earn rewards and enhance network functionality.  Geminis move follows a recent trend of U.S-based cryptocurrency exchanges exploring opportunities in regions with more relaxed regulatory environments. The trend was sparked by recent actions taken by the SEC against cryptocurrency exchanges providing staking services in the U.S.  Earlier this year, the SEC charged Kraken for failing to register its staking-as-a-service program. Coinbase, another industry giant, faced similar charges for operating an unregistered trading platform and offering an unregistered crypto asset staking service.  Staking is a process that involves participating in a proof-of-stake (PoS) blockchain network by holding and “staking” cryptocurrency in a digital wallet to support network operations like block validation and transaction processing. In return, stakeholders earn rewards, usually in the form of additional tokens.  As U.S. regulations tighten on crypto-asset staking

2023-06-14Ethereum

US Inflation Report Suggests Fed Rate Pause Will Become a Full Stop

Pananalapi  Iminumungkahi ng Ulat sa Inflation ng US na Magiging Full Stop ang Fed Rate Pause  18 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  (Bloomberg) — US inflation continues to cool, giving the Federal Reserve room to take a breather from interest-rate hikes this week. The details offer signs it might become a full stop.  Karamihan Basahin mula sa Bloomberg  The consumer price index rose 4% in May from a year earlier, marking the smallest advance since March 2021. Core services inflation excluding housing, a category many forecasters see as key to the outlook, receded to the slowest pace in 15 months.  For the Fed, officials can breathe a sigh of relief at the beginning of a two-day policy meeting that Tuesdays data came in as expected. While they will acknowledge that inflation remains well above their 2% target, the US central bank is still on track to skip a rate increase on Wednesday after 10 straight hikes, a decision which may very well turn into an extended pause.  “This CPI report is everything the Fed needs to pause — there is deflation and/or disinflation in every category,” Jamie Cox, managing partner at Harris Financial Group, said in a note. “If this trajectory holds in June, the

2023-06-14Industriya

North Korean hackers swipe over $100M from Atomic Wallet users

Tech  Ang mga hacker ng North Korea ay nag-swipe ng mahigit $100M mula sa mga user ng Atomic Wallet  18 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Atomic Wallet, a noncustodial decentralized wallet, has been hit by a staggering exploit, leading to users reporting losses of their entire cryptocurrency portfolios. This unforeseen breach has sent shockwaves through the crypto community, as Atomic Wallets fundamental premise relies on users assuming full responsibility for storing their assets securely.  The losses from the Atomic Wallet heist have now skyrocketed to over $100 million, according to an analysis conducted by Elliptic. This alarming figure highlights the severity of the attack, which compromised an estimated 5,500 crypto wallets.  Despite the magnitude of the incident, Atomic Wallet has yet to provide any explanation regarding the root cause of these substantial losses. This has led to mounting concerns from frustrated users who anxiously await clarification and reassurance from the company. Meanwhile, at the time of publication, the companys last update on Twitter was on June 7.  Frustrated Atomic Wallet users have taken to Twitter to express their annoyance at the way the company is handling the issue. Twitter user Ezra Carlson shared, tagging Atomic Wallet, “why won‘t AM give me a straight answer

2023-06-14Industriya

Bill Gates falls another notch on the world’s billionaire list, as AI takes Larry Ellison higher

Pananalapi  Si Bill Gates ay bumagsak ng isa pang bingaw sa listahan ng bilyonaryo sa mundo, habang pinapataas ng AI si Larry Ellison  16 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Move over Bill Gates, Larry Ellison is coming through.  The co-founder of Oracle has moved ahead of Bill Gates to become the worlds fourth richest person on the Bloomberg Billionaires Index. The position swap comes as Oracle shares have been steadily rising on increased interest in generative artificial intelligence.  Ellison, as of Tuesday morning, has a total net worth of $130 billion, according to s rankings. That puts him narrowly ahead of Gates, who currently stands at $129 billion and Warren Buffett, who sits in fifth place at $117 billion.  Ellison is $20 billion below Jeff Bezos, whose net worth stands at $150 billion today.  The surge in Ellison‘s wealth, almost $38 billion year to date, comes as Oracle’s stock has been on the rise. Oracle shares are up 42% year to date on investor enthusiasm about AI. The company recently set a quarterly earnings record.  Ellison is also one of Teslas biggest individual shareholders, with over $11 billion invested in the company.  In 2014, Ellison stepped down as CEO of Oracle, but stuck around as chairman and

2023-06-14Industriya

Tether Converts 750M USDT From Tron to Ethereum

Ethereum  Kino-convert ng Tether ang 750M USDT Mula sa Tron patungong Ethereum  15 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Tether announced it will coordinate with a third-party exchange to conduct a chain swap as it wants to convert 750 million USDT from Tron to Ethereum ERC20. The total supply of USDT will not change during this process, as per the firm.  A chain swap process entails moving cryptocurrencies from one blockchain to another, which enables traders to obtain access to the various blockchains that support the cryptocurrency they are holding. In general, it allows the use of their digital assets on these other supporting blockchains.  1B USDT Mint on Ethereum  Ang pag-unlad follows Tether minting a fresh batch of $1 billion worth of its USDT on the Ethereum blockchain on Monday. Tether‘s chief technology officer Paolo Ardoino ipinaliwanag on Twitter that the latest billion-dollar mint is part of the company’s inventory replenishment on the Ethereum Network. The transaction is authorized but “not issued,” meaning that this amount will be used as inventory for the next period of issuance requests and chain swaps.  Tether previously explained,  “Inventory replenishment is the process of creating new USD₮ that are stored in Tethers treasury inventory as ”authorized but not issued“ USD₮.

2023-06-14Industriya

Top Industrial Stocks for June 2023

Pananalapi  Mga Nangungunang Pang-industriya na Stock para sa Hunyo 2023  13 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Top industrial sector stocks this month include Circor International Inc., Sterling Infrastructure Inc., and Bombardier Inc., the share prices of which have all doubled in the past year.  Industrial stocks, represented by the Industrial Select Sector SPDR ETF (XLI), have risen 9% in the past 12 months compared with a 6% gain for the Russell 1000.  Here are the top three industrial stocks with the best value, the fastest growth, and the most momentum. All data are as of June 8.  Ito ang mga pang-industriyang stock na may pinakamababang 12-buwan na trailing price-to-earnings (P/E) ratio. Dahil ang mga kita ay maaaring ibalik sa mga shareholder sa anyo ng mga dibidendo at buyback, ang isang mababang P/E ratio ay nagpapakita na ikaw ay nagbabayad ng mas mababa para sa bawat dolyar ng kita na nabuo.Pinakamahusay na Mga Stock na Pang-industriyaPresyo ($)Market Capitalization (Market Cap) ($B)12-Buwan na Trailing P E RatioZIM Integrated Shipping Services Ltd. (ZIM)13.711.60.6Cresud SACIF y A. (CRESY)7.040.41.1Navios Maritime Partners LP (NMM)21.210.61.1  ZIM Integrated Shipping Services Ltd .: ZIM Integrated Shipping Services is an Israel-based container transportation and logistics company with operations in more than 90 countries. On May

2023-06-14Industriya
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