Ethereum price analysis: ETH continues to retrace, finds resistance at $2,950 - BitcoinEthereumNews.com

EthereumPagsusuri ng presyo ng Ethereum: Ang ETH ay patuloy na bumabalik, nakahanap ng pagtutol sa $2,95004 / 28 / 2022Balita ng Ethereum ng Bitcoin  TL; DR Breakdown  Ang pagsusuri sa presyo ng Ethereum ay naka-bullish ngayon.  Nagpatuloy ang pagtaas ng ETH/USD sa magdamag.  Ang susunod na paglaban sa $2,950 ay kasalukuyang nasubok.  Ethereum price analysis is bearish today as we have seen a strong push higher continue and test of downside quickly rejected. Therefore, ETH/USD will likely soon break past the $2,950 next resistance and look to set another lower high later in the week.  Mapa ng Cryptocurrency heat. Pinagmulan: Coin360  The market has moved in the green over the last 24 hours. The leaders, Bitcoin and Ethereum, gained 3.47 and 3.05 percent, while the rest of the altcoins followed closely.  Ang paggalaw ng presyo ng Ethereum sa huling 24 na oras: Nagpatuloy ang pag-retrace ng Ethereum  ETH/USD traded in a range of $2,842.66 to $2,939.98, indicating a moderate amount of volatility over the last 24 hours. Trading volume has declined by 24.97 percent, totaling $16.14 billion, while the total market cap trades around $346.43 billion, resulting in a dominance of 19.31 percent.  ETH/USD 4-hour chart: ETH looks to break past $2,950  Sa 4 na oras na tsart, makikita natin ang

2022-04-28Ethereum

Crypto Exchange Kraken to Launch in UAE

U.S.-based cryptocurrency exchange Kraken expands to the UAE, and open a regional office in Abu Dhabi.  Kraken will be the first cryptocurrency exchange in the UAE to be able to trade cryptocurrencies directly, after obtaining full licenses from ADGM, Abu Dhabi Global Market, and the UAE to operate regulated trading platforms, the company said.  According to Chainalysis, the Middle East is currently one of the fastest-growing regions for the cryptocurrency business, with an annual transaction volume of up to $25 billion.  In the next five years, 67% of residents in the United Arab Emirates (UAE) are interested in entering the crypto space, according to a survey by British market research and data analytics firm YouGov.  Krakens managing director Curtis Ting said it would make sense to offer a dirham pair of virtual asset platforms to investors in the region and added that:  “For us, its really important to facilitate access to global markets and global liquidity by making sure that investors and traders in the region have access to local currencies.”  Having set its eyes on becoming a blockchain capital, the UAE is setting the ball rolling by establishing a legal framework to aid the operation of crypto-based and blockchain companies.  Kraken provides crypto to fiat trading

2022-04-28Malalim na Pagsisid

Twitter Nearly Close a deal selling to Elon Musk, Will Memecoins Soar?

Negotiations between Elon Musk, the CEO of Tesla Inc., and Twitters eleven-member board were in high gear on April 25. Musk eyes purchasing the social media giant and making it private.  Musk has already floated a $46.5 billion offer as he seeks to gain full ownership after he recently attained a 9.2% ownership stake of Twitter. Per the announcement:  “The two sides were discussing details including a timeline to close any potential deal and any fees that would be paid if an agreement were signed.”  The turning point arose after Musk offered $54.20 per share, making the Twitter board members seriously consider his bid.   According to Real-Time Billionaires by Forbes, with a net worth of $269.7 billion, Elon Musk is the worlds richest man.   Musk has at least 83 million followers on Twitter, and his quest to own the social media giant is driven by the urge to “transform” the firm into a “platform for free speech around the globe.”  How will this development affect the crypto market?  As a strong advocate of Dogecoin (DOGE) and other Shiba Inu-themed memecoins, Musk‘s crypto influence has gone unnoticed as his tweets often make prices soar. He had previously opined that Dogecoin was the people’s crypto.   After Musk

2022-04-28Malalim na Pagsisid

Hong Kong's Regal Hotels Announces Entry into Metaverse with Project MetaGreen

Hong Kongs Regal Hotels Group has announced its entrance into the metaverse with project MetaGreen, scheduled for completion by October 2022.  Regal Hotels has said that MetaGreen is a project to build an environmental, social and governance (ESG) themed plot of “LAND” in Animoca Brands subsidiary, The Sandbox - a decentralised gaming virtual world.  Regal Hotels has purchased a group of individual lands merged into a larger parcel or “estate” LAND NFT to create MetaGreen. It will be the first green city metropolis ecosystem where people can harness blockchain, tokenisation, GameFi, play-to-earn and non-fungible tokens (NFTs).  The Sandbox announced in January that it has created Mega-City - a cultural hub - following a successful partnership with multiple Hong Kong partners from various sectors.   It said that the partners joined The Sandboxs virtual real estate by acquiring LAND NFTs similar to the one secured by Regal Hotels in the open metaverse.  Prominent partners include Hong Kong tycoon Adrian Cheng, alternative investing leader Sun Hung Kai s pioneering decarbonise-to-earn model will be released in the coming months. Regal hotels also has plans to invite additional ecosystem partners to join its initiative.  Last week, Animoca Brands entered a joint venture with Planet Hollywood Group.  Blockchain.News reported that MetaHollywood aims

2022-04-28Malalim na Pagsisid

ETH Price is Trying to Recuperate - BitcoinEthereumNews.com

ETH / USD - Daily ChartnThe daily chart showcases the ETH market price is trying to recuperate from a lower-trading spot within the bullish flag pattern drawn against the SMA trend lines. The 14-day SMA indicator has breached past the 50-day SMA indicator to the south. And they are over the current market trading zone, indicating the situation is under falling pressure. The Stochastic Oscillators have crossed their lines northbound slowly from the oversold region to reach a closer range beneath the 40 range line. A bullish candlestick is in the making to signify that a buying spree is ongoing.  Will the ETH/USD market bears consolidate beneath $3,000 to eventually break down at $2,750 as the market price is trying to recuperate?  Ang ETH/USD market bears may have resistant-trading power of around $3,000 against some upswings that can feature in the crypto economy regarding the present moving force strength. But, the price to break down at the $2,750 support level may not achieve in the near term. There is a point around the value line to allow ETH regains its lost momentum on a full scale.  On the downside of the technical analysis, the ETH/USD market bear, in an actual technical trading viewpoint,

2022-04-28Ethereum

Mintable Debuts World’s First Gasless Minting API on the Ethereum Network - BitcoinEthereumNews.com

Mintable, one of the worlds leading NFT Marketplace and technology companies with a global presence in the NFT space is proud to unveil the launch of its gas-free minting product dubbed Mintology.  Mintable is a technology company that seeks to provide NFT-based solutions with its highly demanded products in a bid to encourage the adoption of the NFT space. The company has gained support from leading investors and partners, including Mastercard, Ripple, Mark Cuban, Marc Benioff, and lots more due to the massive demand for its services.  Jason Sarria-Solis, the General Manager of Mintology expressed this saying;  “Mintology is powered by Mintable, a leading mass-market NFT Marketplace with a global presence. We are backed by highly prominent and respectable individuals including industry leaders in software and technology, financial services and banking, venture capital, blockchain & film, and the arts.”  “In addition, we have a solid array of institutional investors supporting the rapid growth of our company, driven by the massive demand for our enterprise services,” Sarria-Solis added.  anunsyo  In a bid to provide the industry with a full suite of NFT-based solution services, Mintable has launched its latest service tailored toward saving companies from spending millions of dollars in gas fees. Mintables gas-free minting product is

2022-04-28Ethereum

Ethereum Attempts To Climb North; Is It Eyeing $3000? - BitcoinEthereumNews.com

Ethereum flashes an ascending triangle on the one-day chart. Image Source: ETH / USD sa TradingView  Ethereum was priced at $2871 at the time of writing. Its immediate mark of resistance was at $3028, over the past immediate trading sessions ETH lost vigour and got rejected from the $3000 price mark.  The coin depicted signs of positive price action as the volume traded was seen in green as the closing price was higher than the previous session.  Ethereums buyers have been trying to re-enter the market on the four-hour chart. Image Source: ETH / USD sa TradingView  Ethereums brief recovery could try to push prices above the 20-SMA line. At the moment, ETH was trading beneath the 20-SMA line which signifies sellers have taken over the market in the short term.  It is to be noted that buyers had pushed ETHs prices to trade above the 20-SMA just 24 hours back even when prices were dropping.  This reading meant that buyers have been aggressively buying the asset at lower price levels in anticipation that prices would increase.  On the Relative Strength Index, even though the indicator was placed below the half-line it noted a slight uptick. An uptick reconfirms the possibility of buyers returning to the market.  Ethereum

2022-04-28Ethereum

6,400 ETH Worth 18,523,590 USD Transferred From Unknown Wallet to Crypto.com - BitcoinEthereumNews.com

Altcoin News  Ethereum is up 0.10% in the last 24 hours.  The transaction took place on Wed, 27 Apr 2022 09:43:33 UTC.  Kahit na ang cryptocurrency market has been trading bearishly for the previous week, the crypto community is still hopeful about the price movements of Ethereum (ETH) by the end of May. The community at CoinMarketCap predicts that by the end of May 2022, the digital currency will trade at an average of $3,634 and have received 21,532 votes and an accuracy rate of 80 percent, notwithstanding the recent decline in its valuation. According to community votes, the decentralized finance (DeFi) assets current value would increase by $770.80 (+26.92 percent).  Even though there was a little smaller objective than May‘s set by 13,640 members, ETH is expected to be traded at $3,260.93 by June 30, increasing $396.07 or 13.89 percent from the current price. Ethereum’s month-end price has historically been forecasted by the crypto community with an accuracy rating of 79.85 percent based on past estimates.  Balyena Alert  An anonymous whale sent 6,400 Ethereum (ETH) to Crypto.com from an unknown wallet. An analytics and monitoring firm, Whale Alert, said the transaction was valued at $18,523,590 USD.  ETH transfers at hundreds of millions of dollars show that

2022-04-28Ethereum

The British Pound Continues to Plunge - BitcoinEthereumNews.com

KabuhayanAng British Pound ay Patuloy na Bumulusok04 / 27 / 2022Balita ng Ethereum ng BitcoinBritish Pound vs US Dollar Teknikal na Pagsusuri  Ang British pound initially tried to rally a bit during the trading session on Wednesday but gave back gains rather quickly to continue to move down to the one area. This is an area that will attract a lot of attention, as it is a large, round, psychologically significant figure, and a relatively important historic area as well. Keep in mind that the British pound is being beaten up because the Bank of England has suggested that it was not going to sell off its portfolio.  With that being said, the Bank of England is “less hawkish” than the Federal Reserve, and this is what you are seeing play now. It also suppresses yields in the bond market in the UK, which is another reason to think that perhaps we are going to continue to go lower. At this point in time, I believe that any rally looks more likely to find sellers at the first signs of exhaustion than anything else.  If we break it down below the one handle, then it is very possible that the British pound plunges

2022-04-28Industriya

Astra Protocol Appoints Another Ex-Trump Official to Key Role - BitcoinEthereumNews.com

Zurich-based Astra Protocol has hired former Department of Homeland Katiwasayan head, Kirstjen Nielsen to help with compliance as the crypto regulatory landscape evolves.  Nielsen, a former government employee during the Trump Administration, will function as a strategic adviser to the firm, helping it to understand and identify real-world and cybersecurity risks in its quest to build a legal foundation for decentralized finance.  Her experience having founded her own risk-management company after her government stint will undoubtedly stand her in good stead in the new role. “What I was looking for was, rather than spending time getting behind a particular crypto or particular exchange, I was trying to find something that was a more systematic approach to encourage a decentralized financial environment,” she said.  Nielsen, a former corporate attorney, met founders before joining the Astra board, where her job will be to give the government feedback on potential regulations. “I think the key there is giving that feedback to those developing those regimes to help them understand, from an operational perspective, what the potential effects, the consequences are of the potential regulation,” Nielsen said.  Astra also hired former Trump special envoy  Ang Wall Street Journal iniulat in March that the crypto industry “has staked out a

2022-04-28Industriya
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