Pinakabagong Balita sa Crypto at Market Updates

Top Crypto Analyst Predicts Rally for XRP, Maps Out Whats Next for Ethereum and One Additional Altcoin

crypto EthereumAng Nangungunang Crypto Analyst ay Hinulaan ang Rally para sa XRP, I-map Out Ano ang Susunod para sa Ethereum at Isang Karagdagang Altcoin09 / 21 / 2022Balita ng Ethereum ng Bitcoin　　A crypto strategist who continues to build a following with timely altcoin calls is outlining whats in store for three digital assets including XRP at Ethereum (ETH).　　Pseudonymous analyst Altcoin Sherpa tells his 183,100 Twitter followers that hes bullish on XRP, and he sees the seventh-largest crypto by market cap igniting a decent rally in the short term.　　XRP: The standard…　　Targeting range high.　　Source: Altcoin Sherpa / Twitter　　At time of writing, XRP is swapping hands for $0.41, up over 8% in the past 24 hours.　　Next up is leading smart contract platform Ethereum. According to Altcoin Sherpa, he expects ETH to correct some more before potentially carving a bottom and reversing its bearish trend.　　ETH: $1,000-$1,200 next area up according to volume profile. Should be some decent support in that range.　　Price is fractal. You see these types of double bottoms for reversals on all timeframes. This is how a potential bottom would look, in my opinion.　　Source: Altcoin Sherpa / Twitter　　At time of writing, Ethereum is valued at $1,334, a nearly 3% decrease on the

2022-09-22Ethereum

Ethereum Name Service Regains Control of EthLink Domain in Lawsuit Against GoDaddy

EthereumNabawi ng Serbisyo sa Pangalan ng Ethereum ang Kontrol sa EthLink Domain sa Pagdemanda Laban sa GoDaddy09 / 21 / 2022Balita ng Ethereum ng Bitcoin　　Ang Ethereum Name Service (ENS) has regained control of the eth.link domain name after wining an injunction in its lawsuit against domain provider GoDaddy, the ENS anounced late Sunday.　　ENS parent company True Names Ltd., along with previous eth.link owner Virgil Griffith, filed a lawsuit against GoDaddy, Dynadot, and Manifold Finance earlier this month. GoDaddy allegedly transferred the ENSs eth.link name to domain name registrar Dynadot before its expiration date and put the name up for auction in what the ENS called a “paglabag ng kontrata” that violated an agreement to “respect, acknowledge, and protect” the eth.link name.　　ENS uses the eth.link domain to conect “.eth” names to the Domain Name System, or DNS, which is what web browsers use to conect to websites. This EthLink service enables “.eth” domain users to create viewable websites for themselves with their ENS names and make them accessible from a standard browser. Losing access to the eth.link domain disrupted the service for ENS and its users.　　But the crisis has been averted. The U.S. district judge in charge of the case granted

2022-09-22Ethereum

Ethereum miners dump 30K ETH, stonewalling ultra sound money deflation narrative

ETH/USD pang-araw-araw na tsart ng presyo. Pinagmulan: TradingViewEthereum remains inflationary　　The Ether price drop on Sept. 15 also coincided with an increase in ETH supply, albeit not immediately post-Merge.　　$ ETH is now Ultra Sound Money pic.twitter.com/fKz6VmoWdR　　- DavidHoffman.eth (@TrustlessState) Septiyembre 15, 2022　　Roughly 24 hours later, the supply change flipped positive once more, pouring cold water on the “ultra sound money” narrative due to a deflationary environment that some proponents expected post-Merge.　　Pre-Merge, Ethereum distributed around 13,000 ETH per day to its proof-of-stake (PoW) miners and about 1,600 ETH to its PoS validators. But the rewards to miners bumaba after the Merge went live by roughly 90%.　　Meanwhile, validators receiving Ether rewards now only make 10.6% of the previous amount. As a result, Ethers anual emissions have dropped by around 0.5%, making ETH less inflationary, and perhaps even deflationary under certain circumstances.　　Still, the Ether supply has been rising at an anual rate of 0.2% after the Merge, ayon sa to data provided by Ultrasound Money.　　Ether supply rate after the Merge. Source: Ultrasound.Money　　The main reason behind the growing supply is lower transaction fees.　　Notably, Ethereum made a change to its protocol in August 2021 that introduced a fee-burning mechanism. In other words, the network started removing a

2022-09-21Ethereum

MicroStrategy buys 301 BTC, whats next for Bitcoin?

BitcoinMicroStrategy buys 301 BTC, whats next for Bitcoin？09 / 21 / 2022Balita ng Ethereum ng Bitcoin　　Sa pinakabagong bitcoin news MicroStrategy purchased 310 Bitcoins, and crypto lending protocol Maple Finance launched a $300 million lending pool for Bitcoin mining firms.　　Bitcoin (BTC / USD) is the largest cryptocurrency in terms of market capitalization, and its price movements will typically send ripples throughout the entire blockchain space.　　n Naghahanap ka ba ng mabilis na balita, maiinit na tip at pagsusuri sa merkado？n n Pag-sign up para sa Invezz newsletter, ngayon.n n　　MicroStrategy purchases and Maple Finance lanch as catalysts for growth　　Michael Saylor made an anouncement on September 20, 2022, that Microstrategy purchased an additional 301 Bitcoins for $6 million, where the average cost per Bitcoin is $19,851.　　What this means is that MicroStrategy now holds 130,000 Bitcoins, which were acquired for a total of $3.98 billion at an average price of $30,639 per bitcoin.　　Furthermore, the institutional crypto lending protocol known as Maple Finance, as well as its delegate Icebreaker Finance gumawa ng isang anunsyo that they will provide up to $300 million worth of secured debt financing to the public as well as private Bitcoin mining firms.　　Both of these updates indicate that the interest in Bitcoin

2022-09-21Bitcoin

Ethereum Price Still On The Decline, Can Buyers Defend This Price Level?

EthereumBumababa Pa rin ang Presyo ng Ethereum, Mapagtanggol ba ng mga Mamimili ang Antas ng Presyo na ito？09 / 21 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum price tried to rise on its daily chart at the time of writing. Over the last 24 hours, ETH rose by 2%, price action continues to be mundane.　　In the last week, the Ethereum price fell by 21%. Technical indicators pointed towards continued bearishness.　　Buying strength declined substantially, which has pushed the price of Ethereum closer to its immediate support line.　　If buyers do not defend the closest support line, then Ethereum could head for a further decline on its one day chart.　　For the bearish thesis to be invalidated, ETH has to hop past several resistances. Selling dominance can further push the altcoin down.　　With the price of major market mover Bitcoin declining on its respective chart, most altcoins have followed suit.　　ETH has to move past the $2000 price level for the bearish thesis to be invalidated. ETH bulls are required to defend $1,200 price zone or else ETH could free fall to the $1,000 price level.　　Pagsusuri ng Presyo ng Ethereum: Isang Araw na Tsart　　Ang Ethereum ay napresyuhan ng $1,360 sa one day chart | Pinagmulan: ETHUSD sa

2022-09-21Ethereum

ETHs correlation to the Nasdaq creates problems for crypto-native traders

crypto EthereumAng ugnayan ng ETH sa Nasdaq ay lumilikha ng mga problema para sa mga crypto-native na mangangalakal09 / 21 / 2022Balita ng Ethereum ng Bitcoin　　Correlation between ether (ETH) and the Nasdaq composite is closing in on highs reached in May of this year, affecting crypto-native traders.　　The high correlation between ether and the Nasdaq has made it harder for crypto-native participants to utilize their edge — a deep understanding of on-chain dynamics — according to Cumberlands Jonah Van Bourg.　　Van Bourg went on to note in a Twitter thread on Tuesday that many of these crypto-specific traders have a tendency to trade in U.S. dollars rather than using crypto-to-crypto pairs.　　“A vestige, perhaps, of the days when digital assets were wholly decorrelated from the broader world of low-vol post-GFC finance,” Van Bourg said, alluding to the period following the global financial crash in 2008.　　Disconecting from this could be crucial to surviving the crypto winter, he said. Specifically, Van Bourg was pointing to ETH/BTC, which is trading at local lows at present but could be set to grind higher, similar to what happened following two of the last three bitcoin block reward reductions.　　Van Bourg noted the hot inflation data last week in his

2022-09-21Ethereum

Ethereum Layer 3 Protocols Might Be A Thing, Here’s What To Expect

EthereumEthereum Layer 3 Protocols Might Be A Thing, Heres What To Expect09 / 20 / 2022Balita ng Ethereum ng Bitcoin　　With the completion of the Ethereum Merge, founder Vitalik Buterin has turned his attention to other things that could help improve the network. Ethereum Layer 2 protocols had been big business back in the bull market of 2021, and even now, they continue to gather support from network users who continue to use these roll-ups. Now, Buterin has pointed to the possibility of Layer 3 protocols on the network. Heres what he expects them to do.　　Ethereum Layer 3 Protocols　　In a post, Ethereum founder Vitalik Buterin delves into the idea of Layer 3 protocols that have been circling the space now. At first, the idea started that with the functionality of the existing Layer 2 protocols, it was possible to build on them to provide even more scalability. Buterin refutes this in his post: “Unfortunately, such simple conceptions of layer 3s rarely quite work out that easily.” So what then can make a successful Layer 3 protocol？　　The bottleneck comes from the data that needs to be stored on the blockchain as transactions are processed. Layer 2s already do a good job of

2022-09-21Ethereum

Ethereum Proof Of Work (ETHW) Gains 30%, Is More Upside Coming?

EthereumAng Ethereum Proof Of Work (ETHW) ay Nakakuha ng 30%, Mas Higit Pa Ba ang Papasok？09 / 20 / 2022Balita ng Ethereum ng Bitcoin　　The Ethereum Proof of Work (ETHW) token had piggybacked off the popularity of the Ethereum Merge. In a bid to maintain the network in its original mechanism, developers had forked the Ethereum network,　　creating their own token in the process. The ETHW had been launched after the Merge was completed and was airdropped to ETH holders. The digital asset then suffered massive declines just days after launch.　　Ethereum Proof Of Work Recovers　　The Ethereum Proof of Work (ETHW) token distribution had been ongoing for days after the Merge. The reason for this was exchanges needed more time to distribute the tokens to their customers who currently hold ETH on their balances. Binance was the most recent crypto exchange to complete its distribution, giving the digital asset a much-needed boost.　　It was in the early hours of Tuesday when the largest crypto exchange in the world had completed its ETHW distribution. The crypto exchange had also opened deposits and withdrawals for the cryptocurrency, promptly increasing the demand for ETHW.　　Following this, the price of ETHW had added more than 30% to its value

2022-09-21Ethereum

What Prevents Large Validators From Taking Over Ethereum?

ETH Staking Market Share. Source: @hildobby　　This high concentration of staking power has raised concerns that Ethereum may be vulnerable to 51% na pag-atake—a term used in the crypto space to designate a hostile takeover of a blockchain by an entity (or group of entities) in control of the majority of block processing power. In other words, the worry is that large staking entities could collude to rewrite parts of Ethereums blockchain, change the ordering of new transactions, or censor specific blocks.　　The possibility of a 51% attack became particularly salient after the U.S. government‘s ban on Tornado Cash. Noong Agosto 8, ang US Treasury Department idinagdag privacy protocol Tornado Cash to its sanctions list, arguing cybercriminals used the crypto project for money-laundering purposes. Coinbase, Kraken, Circle, and other centralized entities quickly complied with the sanctions and blacklisted Ethereum addresses associated with Tornado Cash. So what would prevent these companies from using their staking power to censor transactions on Ethereum’s base layer if the Treasury ordered them to？　　As Ethereum creator Vitalik Buterin and other developers have Nagtalo, the network still has an ace up its sleeve: the possibility of implementing user-activated soft forks (UASFs).　　What Is a UASF？　　A UASF is a mechanism by

2022-09-21Ethereum

Ethereum Slides Under $1400, Tamadoge Listing Soon

Ethereum Falls Lower but May Soon Reverse Trend, Invest in Tamadoge Today　　Not too long after the Ethereum merge, the ETH / USD price action broke a key support level to the downside. Currently, Ethereum trades under the $1400 price level. Nevertheless, technical indicators are indicating that the price may soon reverse to the upside. The base level of the Bollinger indicator has been significantly pushed. And, at this point, a green candle has just formed to indicate price rebounding off the Bollinger indicator. Additionally, the Stochastic RSI lines are now touching at the tip to signify an impending price upward correction. Consequently, the price may soon retrace the $1400 and above.　　Ethereum Price Analysis: Eth/Btc Also Shows Signs of Price Recovery　　Price movement on the ETH/BTC market appears somewhat similar to the ETH/USD market. This can be seen as price action has pushed back the lower band of the Bollinger band. One key difference is the size of the last candle which appears much larger here than that of the ETH /USD.　　Bumili ng Ethereum NgayonAng iyong kapital ay nasa peligro　　Furthermore, the activity on the Bollinger indicator predicts a value rebound. Additionally, the activity of the RSI lines as well confirms that the

2022-09-21Ethereum

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