Pinakabagong Balita sa Crypto at Market Updates

Ethereum: Support or resistance, which level will break first?

Pinagmulan: ETH/USDT sa Trading View　　The price rejection at the $2,128 resistance level sank Ethereum to the $1,774 support level on 12 May, ushering a bearish trend on the lower timeframes. This subsequently saw ETH oscillate between the $1,774 support and $1,924 resistance levels with neither bears nor bulls possessing the required momentum to break either level.　　ETHs ranging activity could continue due to prevailing market conditions and price trading at the mid-range of $1,848, as of press time. The on-chart indicators showed neutrality, as buyers and sellers continued to evaluate their positions.　　The Relative Strength Index (RSI) hovered above and below the neutral 50 mark, since 6 June. It stood at 47, as of press time to highlight the markets neutral position. The On-Balance Volume (OBV) maintained its linear movement, while the Chaikin Money Flow (CMF) hovered just above the zero mark with a slightly positive reading of +0.03.　　A retest of either support or resistance level could yield significant results for bears or bulls, as both levels have been tested multiple times. A break below $1,774 will see bears push for $1,718. On the flip side, a break above $1,924 will see bulls push for the key $2,000 level.　　Magkano ang halaga ng

2023-06-10Ethereum

Cardanos Charles Hoskinson May Patch Up With XRP Community

Balita ng Ethereum ng Bitcoin　　Balita sa Crypto Market: After publicly criticizing XRP community over online trolling, Cardano founder Charles Hoskinson finally appears to be interested in patching up with them. Earlier, CoinGape reported that Hoskinson had cut ties with the XRP community by blocking Twitter accounts he claimed to be targeting him. In the wake of the back to back lawsuits by the U.S. Securities and Exchange Commission (SEC) against two of the top crypto exchanges in the world, Binance and Coinbase, this will be a welcome move to maintain unity in the crypto market.　　Gayundin Basahin: Pinangalanan ng Co-Founder ng Ethereum ang Tatlong Pangunahing Transisyon na Panoorin Habang Lumalago ang Network　　Things got heated up in October 2022, when the Cardano founder claimed that he was target of trolling and harassment by members of the XRP community. This eventually led to his blocking of several Twitter accounts. In this context, Hoskinson offered to regain ‘peace’ with the community, although it is not clear yet as what could be the action plan.　　Cardano ($ADA) Founder Patching Up With XRP Supporters？　　In a surprise statement, the Cardano founder asked the XRP holder community if they were willing to find peace. A section of the crypto

2023-06-10Industriya

Robinhood to Delist Cardano, Solana, and Polygon after SEC Crackdown

Robinhood, the well-known trading platform, has announced that it will no longer offer support for three specific cryptocurrencies starting June 27, 2023. The affected cryptocurrencies are Cardano (ADA), Polygon (MATIC), and Solana (SOL).　　This decision comes shortly after the U.S. Securities and Exchange Commission (SEC) filed lawsuits against major cryptocurrency exchanges Binance and Coinbase. The lawsuits alleged that ADA, MATIC, and SOL were unregistered securities, highlighting potential compliance issues.　　They shared, “Earlier this week the SEC sued crypto companies Binance and Coinbase and alleged that a number of cryptocurrencies are unregistered securities. This includes Solana (SOL), Polygon (MATIC), and Cardano (ADA), which are currently supported on the Robinhood Crypto platform.”　　Robinhood added, “We regularly review the crypto we offer on Robinhood,” the firm shared in an update. Based on our latest review, weve decided to end support for Cardano (ADA), Polygon (MATIC), and Solana (SOL) on June 27th, 2023 at 6:59 PM ET.　　Prior to the delisting of Cardano, Polygon, Solana, users have the option to withdraw their assets if they prefer not to have them sold. However, its important to note that the ability to withdraw these crypto assets may not be available in all states.　　“Any ADA, MATIC, and SOL still in your

2023-06-10Industriya

Pro-XRP Lawyer Answers if Coinbase Will End Support for Solana, Polygon and Cardano

Robinhood, an American trading platform, has revealed its plans to stop supporting certain cryptocurrencies. Effective June 27, 2023, at 06:59 PM (ET), Robinhood will no longer offer services for Cardano (ADA), Solana (SOL), and Polygon (MATIC). The decision was made after a review of the platforms cryptocurrency offerings.　　Following the U.S. Securities and Exchange Commission (SEC) labeling several cryptocurrencies as unregistered securities, Robinhood, the trading app, has informed its users that they will no longer be able to trade the above-mentioned tokens on its platform.　　Attorney Bill Morgan, who often shares interesting insights about the ongoing XRP vs SEC lawsuit, took to his Twitter handle to answer a query raised by Paul Barron.　　You ask if @Coinbase is next to end support for these cryptos. Coinbase only ceases trading of assets that contain the letters XRP　　— bill morgan (@belisarius2020) Hunyo 9, 2023　　Paul wrote on Twitter, “@RobinhoodApp just ended support for @solana @0xPolygon @Cardano is @coinbase next for these assets – where will Americans decide to go？ 1. Self Custody 2. Sell Tokens 3. Move Off Shore.”　　Replying to Paul, Bill said, “You ask if @Coinbase is next to end support for these cryptos. Coinbase only ceases trading of assets that contain the letters XRP.”　　This

2023-06-10Industriya

Bitcoin (BTC) Price Can Hit $50K by The End Of 2023 If This Historical Pattern Playout

Balita ng Ethereum ng Bitcoin　　Following the Securities and Exchange Commission (SEC) lawsuits against major cryptocurrency exchanges Binance and Coinbase, Bitcoin (BTC), the leading cryptocurrency in the market, has recently shown a period of consolidation, trading without significant upward or downward movement.　　However, even in the face of increasing regulatory pressures faced by the cryptocurrency market, analysts remain optimistic about Bitcoins future, projecting a gradual yet consistent rise in its price.　　Dave the Wave, a well-known cryptocurrency strategist, predicts that Bitcoin could reach a value of $50,000 within a year or so if historical patterns repeat.　　This positive outlook aligns with other positive sentiments in the cryptocurrency market, despite regulatory uncertainties.　　Arthur Hayes said, “The wall of worry is being climbed, come with me on the $BTC bull market bus. We are still on struggle street , but the moon aint far away.”　　Ang pader ng pag-aalala ay inaakyat, sumama ka sa akin sa $ BTC bull market bus. Nasa struggle street pa rin kami, pero hindi naman kalayuan ang buwan.　　- Arthur Hayes (@CryptoHayes) Hunyo 6, 2023　　In a recent video, Nicholas Merten, known as Data Dash, addressed the confusion surrounding Bitcoins current market behavior. With the crypto market in a state of flux, Merton acknowledged the

2023-06-10Industriya

SUSHI Swap Token Price Declines 17% In a Month, Will It Continue?

Balita ng Ethereum ng Bitcoin　　Sushiswap is an automated market maker( AMM) which is very popular among crypto users. It was launched as a fork of Uniswap in 2020 with an aim to add additional features in the existing protocol. Sushiswap platform requires no registration to trade over 400 tokens. It has a liquidity of over $503 Million with a total of 41.5k trading pairs. Sushiswap was founded by pseudonymous people and the project also saw a great interest from Sam Bankman Fried.　　SUSHI token has a total holder of 115878 which can see an increase in the future. SUSHI token unique senders and receivers has seen a slight surge in the past few weeks. Sushiswap has a TVL of $377 Million which has seen a decline from the highs of $2 Billion in 2022. The revenue of the protocol has also observed decline as per defilama. The median APY of the SUSHI is near 2.4% with $20.691 Million in staking.　　Sushiswap has a market cap of $170 Million and is ranked 150th in the CMC. The volume of SUSHI tokens declined by 10% intraday. The V/M ratio of the asset price suggests a consolidation in price.　　Will SUSHI Price See a Rebound Soon？　　The

2023-06-10Industriya

Pagsusuri ng Presyo ng Bitcoin (BTC) para sa Hunyo 9

The cryptocurrency market has not decided yet which way to go, as the rates of some coins are rising, while others are falling.　　Nangungunang mga barya ni CoinMarketCap　　BTC USD　　The rate of Bitcoin (BTC) has increased by 0.16% since yesterday.　　Imahe sa pamamagitan ng TradingView　　On the local time frame, the rate of Bitcoin (BTC) keeps trading in a narrow channel, between the support at $26,289 and the resistance at $26,778.　　At the moment, there are no bullish or bearish signals, which means that there is a high chance to see ongoing consolidation in the range of $26,500-$26,700.　　Imahe sa pamamagitan ng TradingView　　On the daily time frame, the rate of Bitcoin (BTC) is accumulating energy for a sharp move. However, if the fall continues to the $26,000 zone and fixes below it, there is a high probability to see a test of the support at $25,270 soon.　　Imahe sa pamamagitan ng TradingView　　A better situation can be seen on the weekly chart, as the price has bounced off the mirror level at the $25,300 area. If the bar closes far from it, traders can expect a local correction to the $27,000-$28,000 area.

2023-06-10Bitcoin

Price analysis 6/9: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT

Stock markets are showing strength, and selling by crypto traders has taken a pause. Is this a sign that Bitcoin and altcoins are about to reverse course？　　Bitcoin remains well above the crucial support at $25,250, indicating that market participants have shrugged off the news of the lawsuits by the United States Securities and Exchange Commission (SEC) against Binance and Coinbase. When markets do not stay lower for long after negative news, it is a sign that traders are looking to buy the dips rather than panic and dump their holdings.　　ARK Invest CEO Cathie Wood has been buying the dip in crypto-related stocks since the SEC unleashed its recent crypto regulatory action. Wood purchased $21 million worth of Coinbase stock on June 6 and followed that up with a purchase of Block Inc. shares worth $19.9 million between June 7 and 8.　　The resilience of the cryptocurrency space is supported by a risk-on sentiment. The U.S. equities markets are on a roll, with the S&P 500 rising above 4,300 on June 9, the first such instance since August 2022.　　Can bulls sustain the recovery in the cryptocurrency markets, or will higher levels bring out the bears in large numbers？ Lets study the charts

2023-06-10Ethereum

Vitalik Buterin Highlights 3 Key Transitions For Ethereums Success

Ethereum　　Vitalik Buterin Highlights 3 Key Transitions For Ethereums Success　　4 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereum co-founder Vitalik Buterin recently shared his insights on three crucial technical transitions that he believes are vital for Ethereums continued success. 　　Layer 2 Scaling and Transaction Fees: Buterin emphasized the importance of implementing layer 2 scaling solutions to address rising transaction fees. He cautioned that without these solutions, Ethereum could face challenges during bullish periods, potentially driving users towards centralized alternatives.　　Enhanced Wallet Security: In his blog post, Buterin stressed the significance of bolstering wallet security on the Ethereum network. He highlighted that potential security concerns might discourage users from storing their coins directly on Ethereum, leading them to rely on centralized exchanges instead.　　Importance of Privacy and Data Security: Buterin also expressed concerns regarding data security and privacy on Ethereum. He underscored the need for strong measures to ensure user privacy, as the absence of such safeguards could deter users from adopting Ethereum.　　Impact on Ethereum‘s Sustainability: The Ethereum co-founder warned that the failure to implement these crucial transitions could undermine Ethereum’s sustainability in the long run. He emphasized the importance of maintaining Ethereums decentralization, open nature, and permissionless access for all users.　　Success of Taiko Layer

2023-06-10Ethereum

Buterin says Ethereum needs 3 critical transitions to ensure its survival

Ethereum　　Buterin says Ethereum needs 3 critical transitions to ensure its survival　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereum co-founder Vitalik Buterin said the Ethereum network needs to go through three major technical transitions related to Layer-2 scaling, wallet security, and privacy as it matures from a “young experimental technology into a mature tech stack.”　　Buterin added that these transitions must be executed “roughly simultaneously” to ensure success and if any of them fall short, then the network will likely fail due to certain fundamental issues that will arise as a consequence.　　He made the statement in a June 9 blog post that revealed a new roadmap for the Layer-1 blockchain network, where he also discussed the critical issues plaguing Ethereums future that need to be addressed.　　Sinabi ni Buterin:　　“Its not just features of the protocol that need to improve; in some cases, the way that we interact with Ethereum needs to change pretty fundamentally, requiring deep changes from applications and wallets.”　　Layer-2 scaling　　According to Buterin, Layer-2 rollups solve a critical issue plaguing the Ethereum network — high gas fees. If users dont adopt rollups en masse, then gas fees will remain absurdly high, with a single transaction potentially costing more than $80 during a

2023-06-10Ethereum

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