Pinakabagong Balita sa Crypto at Market Updates

Amid Widespread Sell-off, ETH Bears May Breach $1600 support

Nai-publish 10 oras na ang nakakaraan　　Pinagmulan- Tradingview　　Over the last month, ETH/USDT market value nearly doubled, outpacing Bitcoin‘s gain. The altcoin’s north walk showed a steady breakout of higher resistance and formed a local top at $2000 psychological resistance.　　Furthermore, on August 14th, the ETH price reverted from the $2000 resistance with an evening star pattern and triggered an occasional bull trend pullback. However, recent news that the US Fed may increase the interest rate by 0.75% ignites a sudden sell-off in the market.　　As a result, the ETH price dropped 8% today and nosedive below the combined support of $1775, 20 EMA, and 100 EMA. Furthermore, a decisive breakdown from the mentioned support with increased volume activity indicates the current correction may extend longer.　　Thus, a daily candlestick closing below the $1775 mark will flip this level into potential resistance. An expected retest may offer an entry opportunity for short sellers before the prices drop another 6.5% to retest the $0.382 Fibonacci retracement level at $1600.　　If the selling pressure persists, the ETH price will breach this mentioned level and drop a 10% to hit the 50% retracement level.　　Teknikal na tagapagpahiwatig-　　Mga EMA: the 20-day EMA provided dynamic support to the ongoing recovery rally. However,

2022-08-20Ethereum

Ethereum Sends Red Signals, Should You Worry About The Long Term?

Ang presyo ng ETH ay gumagalaw patagilid sa 4 na oras na chart. Pinagmulan: ETHUSDT Tradingview　　In a market update, BitMEX Founder Arthur Hayes called the short-term price action across the crypto market “ugly” as he sees potential for further losses. 　　The short-term price action is ugly. Assuming you are long, it could mean you read the market wrong. Is it time to cover, sit tight, or add more？ That all depends on your nerve and how well you can read the chart.　　In the short term, a trader might experience losses, but if the trader is playing the long run on Ethereum, Hayes believes nothing has “fundamentally change” for the second cryptocurrency by market cap. In less than a month, Ethereum is set to deploy “The Merge” on mainet.　　ETHs price critical resistance and support levels. Source: Justin Benett via Twitter

2022-08-20Ethereum

Is Petrousus The Biggest Thing In The Crypto World Since Litecoin and Ethereum?

crypto EthereumAng Petrousus ba ang Pinakamalaking Bagay Sa Crypto World Mula noong Litecoin at Ethereum？08 / 19 / 2022Balita ng Ethereum ng Bitcoin 　　Every day in the world of cryptocurrency, new coins are released. While most are not always up to standard to survive the harsh crypto world, others make it far enough and become very well-known and promising.　　Take a look at a new coin set to be released soon and how it stands with already successful ones.　　Is Petrousus (PSUS) The Token Everyone Is Waiting For？　　Petrusus (PSUS) is a new cryptocurrency with plans to take the crypto-verse by storm. Its ecosystem has been created to grow gently and gradually while it carries its users along.　　The network is coming into the market in two segments. One is with a long-term plan for users to benefit, including staking while the other is a short-term plan including its governance model, which rewards users. Considering its governance plans, users in the platform will be given the power to handle most issues in the ecosystem.　　Token holders will be given access to become decision-makers while giving them equal rights. For members to be eligible, they must own Petrousus tokens.　　The platform developers made it so that one

2022-08-20Ethereum

Staked Ethereum Hits New All-Time Highs Ahead Of The Merge

EthereumNakuha ng Staked Ethereum ang Bagong All-Time Highs Bago ang Pagsasama08 / 19 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum was formerly developed as a PoW blockchain. However, its been planing to transition to PoS through an upgrade tagged the merge. The process, which has different phases, is almost getting to completion as the date for the merge draws closer. The target is September 15 and would finally merge the Ethereum mainet and the Beacon Chain.　　Staking is a process that allows crypto token holders to lock their holdings for a given period. It has become one of the desirable processes within the crypto space as users get rewards from it. Besides earning rewards, staking provides a reliable means for validating transactions on the blockchain.　　The Proof-of-Stake (PoS) consensus mechanism is more accepted in the crypto industry than the Proof-of-Work (PoW). This is because the latter, which operates with mining, consumes more energy.　　In most cases, the energy sources are fossil fuels which result in carbon emissions. Hence, its a threat to the environment and has received increased concern within and outside the industry.　　Ethereum was formerly developed as a PoW blockchain. However, its been planing to transition to PoS through an upgrade tagged the

2022-08-20Ethereum

Ethereum Crashes 9% in a Day, Wheres the Next Support? (ETH Price Analysis)

EthereumBumagsak ang Ethereum ng 9% sa Isang Araw, Nasaan ang Susunod na Suporta？ (Pagsusuri sa Presyo ng ETH)08 / 19 / 2022Balita ng Ethereum ng Bitcoin　　Negative sentiment has dominated the market this week as Ethereum failed to reclaim the $2000 level. The bears are attempting to pull the price back below the breakout level and trap the bulls.　　Teknikal na Pagsusuri ng　　Sa pamamagitan ng: Kulay-abo　　Ang Pang-araw-araw na Tsart　　The bears stepped in to induce a 16% decline over the past six days after Ethereum was rejected from $2,000. Consequently, the appearance of the rising wedge pattern (in yellow) could be a signal that the bearish trend might extend. The bulls must prevent a decline below the critical level in the $1,700-$1,800 range.　　The Relative Strength Index (RSI) indicator has also slipped below the baseline, which suggests that the bears dominate the momentum.　　If the pair continues to decline, the closest support will be found in the range of $1520-$1570 (in green). This support is the result of the intersaction between the 50-day moving average line(in orange) and the 100-day (in white) moving average line. If this level cracks, the possibility of forming a bear structure would be strengthened, thereby sending Ethereum to test $1,280.

2022-08-20Ethereum

Ethereum Merge Progress 96% Complete, Developers Confirm Final Date

EthereumEthereum Merge Progress 96% Complete, Developers Confirm Final Date08 / 19 / 2022Balita ng Ethereum ng BitcoinKinukumpirma ng Mga Nag-develop ng Ethereum ang Pagsama-sama para sa Setyembre 15　　According to blockchain explorer OKLinks “Ethereum The Merge Countdown” data, the Ethereum Merge progress is now 96.55% complete. The Ethereum network hash rate has fallen below 900 TH/s, currently near 885.23 TH/s. If the hash rate remains near 879 TH/s, the Merge is most likely to happen on September 15.　　Moreover, Ethereum co-founder Vitalik Buterin earlier confirmed that the exact date depends on the hash rate. The Ethereum network needs an average hash rate of 872.2 TH/s to achieve the TTD of 58750000000000000000000 on September 15 at 04:44 UTC.　　Ang Mainet ay nakatakdang sumanib sa Beacon Chain na na-trigger ng isang TTD sa 58750000000000000000000. Awtomatikong ililipat nito ang Ethereum sa PoS, nang walang downtime sa blockchain.　　Sa panahon ng Ethereum Core Developers meeting on August 18, developers confirmed a final mainet TTD of 58750000000000000000000. It means the Ethereum Merge will officially go live after 27 days on September 15.　　Tinalakay din ng mga developer ang mga paghahanda para sa mga upgrade ng Bellatrix at Paris. Ang mga petsa para sa mga upgrade ng Bellatrix at Paris ay

2022-08-19Ethereum

CME Group plans to launch options on ETH futures prior to the Merge

EthereumPlano ng CME Group na maglunsad ng mga opsyon sa ETH futures bago ang Merge08 / 19 / 2022Balita ng Ethereum ng Bitcoin　　Major derivatives marketplace Chicago Mercantile Exchange Group intends to launch options trading for its Ether (ETH) futures products.　　In a Thursday anouncement, the CME Group sinabi that subject to regulatory review, it plans to launch options contracts for its Ether futures, sized at 50 ETH per contract. The futures options, expected to start trading on Sept. 12, will follow the firm launching micro-sized Bitcoin (BTC) and Ether options in March 2022, BTC options trading products in January 2020, and a BTC futures contract in December 2017.　　CME Group‘s global head of equity and FX products Tim McCourt cited the Ethereum blockchain’s upcoming transition to proof-of-stake — also known as the Merge — in anouncing the ETH futures product. McCourt said the group had observed an increase in trading volume and open interest for ETH futures and micro-sized ETH futures options, possibly in anticipation of the Merge.　　“We have […] seen heightened activity in our September and December Micro Ether options, which could also suggest that participants are hedging risk around the proposed date of the merge,” said McCourt in a statement

2022-08-19Ethereum

TA- Price Of Ethereum Struggles To Hold $1,700, Are Bears Taking Over?

EthereumTA- Presyo ng Ethereum Struggles To Hold $1,700, Bears Ba ang Nangunguna？08 / 19 / 2022Balita ng Ethereum ng Bitcoin　　Ang presyo ng Ethereum (ETH) has struggled against Tether (USDT) in the past few days, with more downtrend than the bullish sentiment seen in recent weeks.　　Despite outperforming Bitcoin (BTC) in recent weeks, the price of Ethereum has found itself in key zones that would decide its major move.　　Pagsusuri ng Presyo ng Ethereum (ETH) Sa Lingguhang Tsart　　Lingguhang ETH Price Chart | Pinagmulan: ETHUSDT On Tradingview.com　　Mula sa tsart, ang presyo ng ETH ay nakakita ng lingguhang mababang $1,020, na tumalbog mula sa lugar na iyon at nag-rally sa isang presyo na $2,000 pagkatapos magpakita ng mahusay na mga palatandaan ng pagbawi sa mga nakaraang linggo.　　ETH weekly candle closed with a bullish sentiment, with the new weeks candle looking bearish for the price of ETH as it continued to decline in price to a region of $1,800 after facing rejection from the $2,020 mark.　　Ang presyo ay nagpupumilit na bumuo ng mas maraming momentum habang sinusubukan nitong hawakan ang pangunahing suporta.　　Kung ang presyo ng ETH sa lingguhang chart ay magpapatuloy sa istrukturang ito, maaari itong mabilis na muling bisitahin ang $1,700, na kumikilos bilang isang

2022-08-19Ethereum

Ethereum, Ripple, Cardano, Binance Coin, at Dogecoin

crypto EthereumEthereum, Ripple, Cardano, Binance Coin, at Dogecoin08 / 19 / 2022Balita ng Ethereum ng Bitcoin　　Sa linggong ito, mas malapitan nating tingnan ang Ethereum, Ripple, Cardano, Binance Coin, at Dogecoin.　　Ethereum (ETH)　　Nitong nakaraang linggo ang Ethereum ay bumagsak sa ibaba ng uptrend nito, na isang pangunahing bearish signal, at nawala ang 9.4% sa proseso. Bukod dito, ngayon, ang mga bear ay nangibabaw sa mga chart, at ang Ethereum ay nawala halos 8.5% ng kanyang valuation sa wala pang isang oras nang biglang bumagsak ang merkado.　　Sa oras ng post na ito, ang mga toro ay nagawang ihinto ang downtrend sa $1,700 na antas ng suporta, ngunit ang mga bear ay nananatiling may kontrol sa aksyon ng presyo at maaaring mas mababa ang cryptocurrency, patungo sa $1,500. Ang paglaban ay nasa $2,000.　　Sa hinaharap, lumilitaw na ang uptrend mula Hulyo at Agosto ay natapos na, at ang Ethereum ay pumapasok sa isang makabuluhang pagwawasto. Maaari rin itong magpatuloy nang ilang sandali, lalo na kung ang pang-araw-araw na MACD ay naging bearish sa linggong ito, at magtatagal ito ng oras para bumalik ito.　　Tsart ng TradingViewRipple (XRP)　　Matapos mabigo ang XRP na gawing suporta ang $0.38 resistance, nasira ang uptrend parabola, at ang presyo ay bumagsak nang

2022-08-19Ethereum

Bitcoin and Ethereum Hit as Crypto Market Endures Selloff

BTC/USD (Pinagmulan: CoinGecko)　　Bitcoin and Ethereum trended down early Friday in a broader selloff that‘s hit several of the market’s top cryptocurrencies. Per CoinGecko data, Bitcoin is pababa 7.3% in the past 24 hours, dipping from around $23,500 to $21,750 at press time. Ethereum has nawala 6.2%, trading at $1,730. The leading cryptocurrencies have rallied over the past few weeks, helped by renewed confidence in the market and widespread anticipation for Ethereums upcoming Pagsamahin to Proof-of-Stake. However, both assets have slumped over the past week as momentum wanes.　　Many other major crypto assets were also hit in the downturn. When Bitcoin and Ethereum bleed, other cryptocurrencies with lower market capitalizations tend to drop in market value at a faster rate as panicked market participants rush to exit their positions. Dogecoin, poligon, MALAPIT, Solana, at Pagguho ng yelo have all posted double-digit losses over the past 24 hours.　　One exception to the correction has been Gnosis, which is up 5.2% despite the market taking a hit. Gnosis Safe anounced that it would be airdropping a new token called SAFE to early users Thursday, which likely explains why Gnosis is holding up against the volatility.　　After the cryptocurrency market bounced from its June lows throughout July

2022-08-19Ethereum

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