Pinakabagong Balita sa Crypto at Market Updates

Binance CEO Hints At Ethereum Price Rally Over This Key Factor

Crypto News: To the delight of many Ethereum holders and investors, Binance CEO Changpeng “CZ” Zhao reiterated his optimism about Ethereums price rally in the coming days. This comes after the total number of ETH locked on the Beacon chain hit an all-time high of 19,375,242 ETH.　　Locked ETH Hits Record High　　As per the insights provided by the crypto analytics platform Nansen, the amount of Ethereum tokens that are currently locked has surpassed 19 million ETH. This milestone has been accompanied by a total value locked (TVL) of $27.7 billion, which comes as a significant achievement for the Ethereum network.　　It is worth noting that this has happened after a minor dip in the amount of Ethereum locked in these protocols due to recent withdrawals. This achievement holds significant implications for Ethereum and its investors, particularly concerning the potential for the cryptocurrency to maintain its rapid growth trajectory.　　Ethereum Price Rally Soon？　　The CEO of the worlds largest cryptocurrency exchange recently shared his thoughts on the new record-breaking milestone of locked Ethereum tokens in the Beacon smart contract. On Thursday, the 46-year-old crypto entrepreneur made a statement that hinted at the possibility of a subsequent price increase for Ethereum. His comment, “Locked ETH at

2023-05-11Ethereum

ETH, BTC Fall to Multi-Week Lows, Following US Inflation Data – Market Updates Bitcoin News

Ethereum fell below $1,800 in todays session, as markets continued to react to the latest U.S. consumer price index. Inflation in the United States fell to 4.9% in April, less than the 5% sum many had expected. Bitcoin was also lower on the data, falling below $27,000.　　Bitcoin　　Bitcoin (BTC) briefly dropped below $27,000 late on Wednesday, as markets reacted to the latest U.S. inflation report.　　After an earlier high of $28,322.69, BTC/USD slipped to an intraday low of $26,883.67 towards the close of yesterdays session.　　This move saw bitcoin drop to its weakest point since March 28, when price was at a low of $26,640.　　BTC / USD - Daily Chart　　Since this earlier decline in price, BTC has since rebounded, and is currently trading at $27,494.24.　　From the chart, this appears to be due to the relative strength index (RSI), which is now tracking at 41.91, and close to reentering a floor at 43.00.　　Should this occur, there is a strong possibility that the worlds largest cryptocurrency could be back above $28,000.　　Ethereum　　Additionally, ethereum (ETH) also fell to a multi-week low in todays session, dropping below $1,800 in the process.　　ETH/USD slipped to a bottom at $1,795.67 late on Wednesday, following an earlier peak of $1,886.80.　　As a result

2023-05-11Ethereum

Bitcoin mempool starts to clear as fee paid per block falls back to one

This past week has been extremely wild in Bitcoin, with the emergence of BRC-20 tokens surpassing a $500 billion market cap.　　This has added momentum with Ordinals that started at the beginning of the year.　　reported that miners received more Bitcoin in transaction fees than block rewards.　　However, using Glassnode data, we can see the average fees paid per block has returned to 1.0 Bitcoin per block.　　According to James Check analyst at Glassnode, 　　Average Fee Paid Per Block: (Source: Glassnode)　　The post Bitcoin mempool starts to clear as fee paid per block falls back to one appeared first on CryptoSlate.

2023-05-11Bitcoin

Ethereum Could Be Heading to ‘Opportunity Zone’ Amid One Historically Bearish Signal: Santiment

One metric indicates Ethereum (ETH) could be heading into an “opportunity zone,” according to the crypto analytics firm Santiment.　　The firm notes in a new analysis that ETHs 30-day market value to realized value (MVRV), which traders use to detect overbought or oversold conditions, is now out of the “danger zone” and headed towards the “opportunity zone,” an area where ETH prices have historically bottomed out.　　MVRV is the ratio of an assets current market cap divided by its realized capitalization – i.e. the value of all measured ETH at the price they were bought. MVRV 30-Day is a timebound metric that only analyzes that ratio among tokens that have moved at least once in the past 30 days.　　Santiment also notes that ETHs recent local price top magkasabay with the Ethereum Foundation moving 14,999 ETH to the crypto exchange Kraken over the weekend.　　Pinagmulan: Santiment / Twitter　　The last three times a significant amount of ETH left the Ethereum Foundation wallet, it marked local price tops, according to the analytics firm. Santiment does clarify, however, that Ethereum Foundation transactions prior to that did not indicate price tops.　　Ang Ethereum ay nakikipagkalakalan sa $1,831 sa oras ng pagsulat. Ang pangalawang-ranked na crypto asset ayon sa market

2023-05-11Ethereum

Binance Cuts ETH Staking Withdrawal Time, Will Prices Go Down?

Binance has announced a reduction in the processing time for ETH Staking withdrawal requests to just five days from the initial 15 days, starting from May 18, 2023. This move is expected to increase user satisfaction and adoption of ETH Staking but will the staked Ethereum withdrawals push more selling pressure on the ETH price？　　The exchange also plans to further reduce the processing time to better serve users. The processing time is subject to change based on network demand. Binance also mentioned conditions like users cannot cancel their withdrawal requests.　　Potential Impact On Traders　　With the processing time for ETH staking withdrawals reduced from 15 days to 5 days, users will be able to access their funds faster. This will provide more flexibility for traders and investors, who may want to use their ETH for other purposes, such as buying other cryptocurrencies or paying bills.　　This move could result in more liquidity in the market. This could be especially beneficial for traders who need to quickly move in and out of positions, as they will be able to access their funds faster.　　What About ETHs Price？　　The reduction in the processing time for ETH staking withdrawals by Binance may have a positive impact on the

2023-05-11Ethereum

Buying a car with Bitcoin gets $3.7M fine, prison time in Morocco

A crypto user who purchased a luxury car with Bitcoin (BTC) faces 18 months in prison and a $3.7 million fine in Morocco, which still considers the use of crypto as an illegal act.　　A recent report by Euronews stated the Casablanca Court of Appeal had upheld the conviction of Thomas Clausi, a 21-year-old French citizen, on charges of fraud and illegal use of cryptocurrency.　　According to Clausis lawyer, Mohamed Aghanaj, the court confirmed the verdict last week. This decision indicates that the Moroccan judicial system is taking a strong stance against cryptocurrency use in the country.　　Using BTC to purchase a Ferrari resulted in Clausis arrest in 2021, as Moroccan customs deemed the use of cryptocurrency to be an unlawful transfer of funds. Clausi was imprisoned in December 2021 on charges of “fraud” and “use of foreign currency for payment within Moroccan borders,” with a prison sentence and a fine handed down in October of the same year.　　| Un français a été condamné par la Chambre criminelle du tribunal de Casablanca à une peine de 18 mois de prison assortie d‘une amende de 3,4 millions d’euros.　　Il a été condamné pour escroquerie et dusage illégal de crypto-monnaie.　　Il a vendu sa Ferrari en échange

2023-05-11Bitcoin

Bitcoin Price Volatility Leads Liquidation To Breach $190 Million

Balita sa Bitcoin: The global digital asset market printed red indexes on Thursday after registering a relief rally over the announcement of lower CPI data. Bitcoin (BTC), the worlds largest crypto saw major volatility as its price went on to dip below the $27k level after trading above $28.2K.　　Also Read: Ripple Exec Bids For EUs MiCA Amid US SEC Crackdown; Ripple Moving Out？　　Bitcoin Price Dip Below $27K　　As per the data, Bitcoin price is down by more than 7% over the past 7 days. However, BTC price registered a marginal decline over the past day. Bitcoin price trading at $28,200 on Wednesday went on to drop below the $27k level to stand at $26,992.　　However, Bitcoin price saw a slight recovery to regain the crucial $27K. BTC is trading at an average price of $27,414, at the press time. Its 24 hour trading volume is up by 57% to stand at around $21 billion. BTC dominance currently stands at 46.89% which is a decrease of 0.07% over the past 24 hours.　　Pinagmulan: CoinMarketCap　　Basahin din: Bakit Hindi Nagrehistro ang Ripple ng XRP Sa US SEC？ Sagot ni Brad Garlinghouse　　According to the Coinglass data, due to an increase in volatility, more than 50K traders were

2023-05-11Bitcoin

Arbitrum’s DAO to receive over 3,350 ETH in revenue from transaction fees

Ethereum　　Arbitrums DAO to receive over 3,350 ETH in revenue from transaction fees　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereum layer-2 blockchain Arbitrum will distribute Ether (ETH) worth nearly $6.2 million to its decentralized autonomous organization (DAO), the project anunsyado on May 9 on Twitter. ARB holders must claim the rewards.　　The funds to be collected are base fees and surplus revenue generated from network transactions. According to Arbitrums tweet, a total of 3,352 ETH will be collected by its DAO. As internet-native organizations, DAOs are collectively owned and managed by their members. They have treasuries and make decisions through proposals voted on by the group.　　Big news Arbinauts!　　Arbitrum is the only rollup that sends all surplus revenue generated by transaction fees to their respective DAO and it is time for the DAO to collect the funds so far!　　Follow along to learn more about it.　　— Arbitrum (,) (@arbitrum) Mayo 10, 2023　　Arbitrum is a popular scaling network used by many decentralized applications and blockchain developers. All users pay a fee during transactions on Arbitrum One.　　The cost of sending ETH on Arbitrum is currently $0.25, and swapping tokens is $0.68 at the time of writing. Data from Crypto Fees shows that Arbitrums users paid $387,423

2023-05-11Ethereum

Pagsusuri ng presyo 5/10: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Bitcoin Ethereum　　Pagsusuri ng presyo 5/10: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC　　12 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Bitcoin and select cryptocurrencies are trying to start a rebound following the CPI data release, but bulls may find it difficult to continue the recovery at higher levels.　　The United States consumer price index (CPI) rose 4.9% annually, which was slightly less than estimates of a 5% increase. The CPIs monthly rise of 0.4% in April was in line with expectations.　　Although inflation remains stubbornly higher than the Federal Reserves 2% target, traders will take comfort from the slower pace of increase. That suggests the Fed rate hikes are having an effect, and further rate hikes may not be necessary.　　If the Fed pivots and starts to cut rates, as the FedWatch Tool projects, that may be positive for risky assets such as equities and cryptocurrencies. Bitcoin (BTC) responded positively to the CPI data and rose above $28,000 on May 10.　　While the downside looks limited, the bulls may not have it easy at higher levels because of the high risk of a recession and the possibility of the banking crisis erupting again. That may keep the price stuck inside a range, which

2023-05-11Ethereum

BTC and ETH Prices Plummet After CPI Report Release- Here’s What Traders Can Expect Next

Bitcoin Ethereum　　Bumaba ang Mga Presyo ng BTC at ETH Pagkatapos ng Paglabas ng Ulat ng CPI- Narito ang Maaaring Asahan ng mga Mangangalakal sa Susunod　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Despite a recent period of volatility in the crypto market, the release of the latest CPI news has sparked renewed optimism among investors in major cryptocurrencies. The announcement from the US Bureau of Labor Statistics revealing a decrease in CPI to 4.9% has resulted in a significant increase in buying activity within the crypto market.　　Crypto Market Gives A Clear Direction　　The lower-than-expected inflation numbers sent ripples throughout the cryptocurrency ecosystem, as leading digital assets experienced a massive surge in buying pressure. Bitcoin, Ethereum, and other top-performing cryptocurrencies saw their values skyrocket, much to the delight of the crypto community. Market participants who previously refrained from investing, began pouring funds into these assets, reigniting their upward trajectories.　　Pagsusuri ng Presyo ng Bitcoin　　Bitcoin, the leading digital currency, underwent a substantial surge in value, attaining a daily peak of $28,883 on the Bitstamp platform on May 10. This notable surge in Bitcoins value appears to correlate with the most recent U.S. inflation data which increased by 4.9% over the year ending in April, as

2023-05-11Ethereum

...

498500

...

1000