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ETH Prepares for Rally, While BTC Seeks Support – Market Updates Bitcoin News - BitcoinEthereumNews.com

Bitcoin remained under the $40,000 level on Sunday, as bears continued to pressure cryptocurrency markets. This pressure also kept ethereum lower, with the worlds second-largest crypto hovering around its long-term support level.　　Bitcoin　　Sunday saw the price of bitcoin (BTC) trade lower for a fifth consecutive session, as it was unable to shake off recent bearish pressure.　　BTC/USD fell to an intraday low of $38,211.65 on Sunday, which was around $500 lower than its bottom to start the weekend.　　Todays move sees BTC fall to its lowest point since February 28, and is fast approaching its long-term floor of $37,600.　　बीटीसी / यूएसडी - दैनिक चार्ट　　As a result of recent declines in price, mid-term momentum in the market has shifted, with the 25-day (blue) moving average crossing below the 10-day (red) MA.　　This is the first time since December 27 that we have seen such a cross, with the 25-day crossing below the 10-day from an upwards position.　　Such a shift in momentum could signal even more declines in price in upcoming sessions.　　Ethereum　　Although ethereum (ETH) was also lower on Sunday, its decline appeared to look more like consolidation than an actual selloff.　　Following a low of $2,587.75 on Saturday, ETH/USD had a bottom of $2,595.57 during todays session

2022-03-06एथोरम

Paypal Joins Other Payment and Remittance Providers Suspending Services in Russia – Bitcoin News - BitcoinEthereumNews.com

A number of payment and remittance platforms, now including Paypal, have restricted access to their services in Russia as western sanctions over Moscow‘s invasion of Ukraine continue to expand. Fintech companies have been limiting operations in the Russian Federation also in response to Kyiv’s call for help. 　　Payments Giant Paypal Halts Services in Russia, Maintains Withdrawals for Now　　Paypal, the global online payments provider, has joint a growing list of fintechs supporting western sanctions against Russia over its decision to invade neighboring Ukraine. The company, which had been offering Russians only cross-border transactions, terminated its services in the Russian Federation on Saturday.　　Quoted by Reuters, President and Chief Executive Dan Schulman explained the move with “the current circumstances,” noting that Paypal stands with the international community and condemns Russias military aggression against Ukraine. The platform stopped accepting new Russian-based users earlier this week.　　Through a spokesperson, Paypal added, however, that withdrawals will be supported for an unspecified period of time. The payments giant intends to “ensure that account balances are dispersed in line with applicable laws and regulations.”　　The anouncement comes after calls from officials in Kyiv to suspend services in Russia and support Ukraines fundraising efforts. The U.S., California-headquartered company revealed before the

2022-03-06बिटकॉइन

एथेरियम मूल्य विश्लेषण: ईटीएच ने $ 2,600 को पीछे छोड़ दिया, रैली के लिए तैयार है? - BitcoinEthereumNews.com

Ethereumएथेरियम मूल्य विश्लेषण: ईटीएच ने $ 2,600 को पीछे छोड़ दिया, रैली के लिए तैयार है？03 / 06 / 2022बिटकॉइन एथेरियम समाचार　　टीएल; डीआर ब्रेकडाउन　　इथेरियम मूल्य विश्लेषण आज तेज है।　　ETH/USD कल काफी ऊपर जाने में विफल रहा।　　$ 2,600 समर्थन का दूसरा पुन: परीक्षण वर्तमान में देखा जाता है।　　एथेरियम मूल्य विश्लेषण आज तेज है क्योंकि हम उम्मीद करते हैं कि $ 2,600 का समर्थन दिन में बाद में बाजार को बनाए रखेगा और उलट देगा। ETH/USD अगले सप्ताह की शुरुआत में अगले प्रतिरोध स्तर $2,750 पर जाने की संभावना है।　　क्रिप्टोक्यूरेंसी हीट मैप। स्रोत: Coin360　　पिछले 24 घंटों में बाजार थोड़ा लाल निशान में कारोबार कर रहा है। नेता, बिटकॉइन, 0.85 प्रतिशत खो गया, जबकि एथेरियम 0.26 प्रतिशत के साथ था। बाकी शीर्ष altcoins में भी शांत लेकिन मंदी की कीमत की कार्रवाई देखी गई।　　पिछले 24 घंटों में इथेरियम की कीमत में उतार-चढ़ाव: एथेरियम ने $ 2,600 के पिछले समर्थन को फिर से हासिल किया　　ETH/USD ने $2,595.57 - $2,679.10 के दायरे में कारोबार किया, जो पिछले 24 घंटों में मध्यम मात्रा में अस्थिरता का संकेत देता है। ट्रेडिंग वॉल्यूम में 35.53% की गिरावट आई है, जो कुल $7.9 बिलियन है, जबकि कुल मार्केट कैप लगभग $315.7 बिलियन है, जिसके परिणामस्वरूप 18 प्रतिशत का प्रभुत्व

2022-03-06एथोरम

Bitcoin Falls Back To $38,000 As Russia Steps Up Bombardment Of Ukraine - BitcoinEthereumNews.com

Bitcoinजैसे ही रूस यूक्रेन की बमबारी बढ़ा रहा है, बिटकॉइन गिरकर 38,000 डॉलर पर आ गया है03 / 06 / 2022बिटकॉइन एथेरियम समाचार　　As Bitcoin falls back, the US dollar strengthened following impressive economic statistics that indicated the number of jobs generated in the US, among other related factors, increased far more than projected.　　Bitcoin – the world‘s alpha dog cryptocurrency – slid down into Sunday’s weekly closing, with geopolitical frictions and concomitant macro sluggishness firmly on the spotlight.　　BTCs price was down 6% overnight, despite several mid-week rebounds, as the global crypto market lost a massive $78 billion in market capitalization.　　Three-Day Losses Sustained As Bitcoin Falls Back　　Bitcoin was heading back into the $38,000 region as of mid-Sunday. The cryptocurrency was still up 5% in a month. Ethereum, on the other hand, traded at $2,625, down roughly 4% on the day and 5% on the week. Additionally, it fell 2% in a month.　　TradingView and Cointelegraph Markets Pro data indicated that the BTC/USD pair was in the midst of testing the $38,000 support level at the time of writing, with three-day losses approaching 12%.　　According to market expert Holger Zschaepitz, global stocks have lost roughly $3 trillion in market value this week as the ongoing

2022-03-06बिटकॉइन

Ethereum Fees on Layer 2 Dropped Significantly, As One Transaction Now Costs Less Than $0.1 - BitcoinEthereumNews.com

अरमान शिरीनयान　　Fees on the second largest network on the market are decreasing as more users are leaving the market　　Following the general reduction of fees on the Ethereum network, L2 chains are now offering significantly lower fees than previously, allowing users to make large Ether transactions and pay less than $0.1 for them, according to Gasprice.io.　　As the page suggests, ZKSync allows ETH transactions for less than $0.1, while the swap will cost users around $0.16. Other Layer 2 chains are also offering cheaper transactions for Ethereum, with the average cost of sending ETH remaining at approximately $0.5.　　Right now is an excellent time to move to layer2 Ethereum.　　And it will only get better over the next ~12 hours. 　　- इवान वैन नेस (@evan_van_ness) मार्च २०,२०२१　　As for the main network, Ethereum currently allows sending funds for 12 Gwei, which is one of the lowest prices for a transaction fee since July 12. Such a drop in the cost of Ethereum transactions is most likely tied to the drop in network activity.　　Previously, Ethereum users had no other choice but to pay up to $100 to make a simple transaction on the chain. Swaps and NFT mints required even more gas fees of users because

2022-03-06एथोरम

Terra Is Now DeFis Network of Choice After Ethereum - BitcoinEthereumNews.com

Ethereumएथेरियम के बाद टेरा अब डेफी की पसंद का नेटवर्क है03 / 06 / 2022बिटकॉइन एथेरियम समाचारDeFi को डिक्रिप्ट करना डिक्रिप्ट का DeFi ईमेल न्यूज़लेटर है। (कला: ग्रांट केम्पस्टर)　　Terra, the fast-growing Defi tool kit built on व्यवस्थित, is now officially the second-largest ecosystem in decentralized finance.　　से खींचे गए आंकड़ों के अनुसार डेफी लामा, Terra currently boasts total value locked (TVL) of just over $23 billion, marking an all-time high in U.S. dollar terms.　　This is roughly twice as much as runers-up BNB Chain (formerly Binance Smart Chain) and Fantom. The king chain, Ethereum, still dominates 54% of the entire DeFi market, commanding $111 billion.　　Total TVL on Terra in USD. Source: डेफी लामा.　　But if we switch our chart over to TVL expressed in LUNA, the Terra network‘s native token used to pay transaction fees and vote on governance, the picture’s a bit different.　　Instead, the recent spike looks more like a minor blip compared to activity last summer.　　Total TVL on Terra in LUNA. Source: डेफी लामा.　　This indicates that alongside an uptick in actual activity (folks pouring crypto into the network to do fun DeFi things), the primary motor for the network has been the mooning price of LUNA.　　CoinGecko shows that LUNA has risen

2022-03-06एथोरम

Institutions increase exposure to Grayscale Bitcoin Trust as GBTC discount nears 30% - BitcoinEthereumNews.com

Institutional Grayscale Investments since September 2021. Source: GlassnodeNo selloff yet among high-profile GBTC backers　　The GBTC trust attracted investments as global markets faced back-to-back shocks in the past few months, including a dramatic selloff in the technology stocks, followed by Russias invasion of Ukraine that left many fund managers with a double-digit percentage loss.　　For instance, Cathie Woods ARK Next Generation ETF (ARKW), which holds $478 million worth of GBTC, crashed by nearly 45% year-over-year, primarily owing to its exposure in the sectors that suffered the most during the recent market turbulence, including technology (43.14%) and communication (27.99%).　　ARKW weekly price chart. Source: TradingView　　But in November 2021, ARKW added over 450,000 GBTC shares to its portfolio, when their discounts were as steep as nearly 17.5%.　　Similarly, the Morgan Stanley Insight Fund (CPODX) held over 1.5 million GBTC as of Sep. 30, 2021, according to its securities filings with the U.S. Securities and Exchange Commission (SEC). Its year-over-year performance as of March 6, 2022, came to be around minus 43%.　　Both ARKW and CPODX underperformed as GBTC fell by 43% in the past 12 months. Nonetheless, neither ARKW nor CPODX reported selling significant shares of GBTC.　　Institutional Grayscale Investments. Source: Swissblock Technologies, GlassnodeETF hype？　　Many factors attribute to

2022-03-06बिटकॉइन

BTC/USD Is in a Downward Correction as Bitcoin Risks Decline to $36K - BitcoinEthereumNews.com

बीटीसी / यूएसडी - दैनिक चार्ट　　On March 2, BTC‘s price has turned from the $45,000 overhead resistance and plunged below the moving averages. This is an indication that the bears are defending the overhead resistance. Bitcoin’s (BTC) price has fallen below the moving averages indicating a possible downward movement of prices. . However, if the bears break below the $39,464 support, the market will decline to the low of $36,000 price level. On the other hand, if the current support holds, the BTC price will rebound and break above the moving averages. The cryptocurrency will rise and revisit the $45,000 overhead resistance. Bitcoin is at level 49 of the Relative Strength Index for period 14. It indicates that there is a balance between supply and demand. Today, Bitcoin risks further decline if it turns from the moving averages.　　Russian Crypto Purchase in Rubble Falls across Major Exchanges　　According to a report, Russian denominated crypto purchasing and trading have fallen on major exchanges. This is not unconected to an increase in economic sanctions on Russia which has affected crypto being purchased in rubles across major exchanges. Data from Chainalysisnindicated that ruble-denominated crypto trading volume was just $34.1 million on Thursday. This is far

2022-03-06बिटकॉइन

CoinShares Meltem Demirors on How Bitcoin Can Become a Risk-Off Asset - BitcoinEthereumNews.com

Bitcoinबिटकॉइन एक जोखिम-रहित संपत्ति कैसे बन सकता है, इस पर कॉइनशेयर का मेल्टेम डिमिरर्स03 / 06 / 2022बिटकॉइन एथेरियम समाचार　　In the past couple of weeks, geopolitical tension in Europe escalated so much that it transitioned to an invasion of a sovereign country and a flat-out war thats currently taking place on its territory.　　We saw most of the Western countries sanction Russia for its invasion of Ukraine by means they had in their possession, including expulsion from SWIFT, pulling out businesses from the country, cutting all sorts of economic ties, and so forth. Cryptocurrency exchanges were also asked to halt servicing Russian customers.　　Amid this tumultuous economic and geopolitical climate, Bitcoin and cryptocurrencies, in general, were touted as an alternative asset thats apolitical and uncorrelated to traditional finance. Chipping in on the matter was Meltem Demirors, the Chief Strategy Officer at CoinShares.　　Risk-On v. Risk-Off Assets and the Current Environment　　Before we dive into what Ms. Demirors had to say, its worth explaining what risk-on and risk-off assets are.　　Risk-on and risk-off assets have much to do with the notion of risk sentiment or, in other words, whats the current risk tolerance of investors in the existing economic paradigm. During risk-on situations, investors tend to

2022-03-06बिटकॉइन

Bitcoin Price Prediction: BTC Slips Below $40000 Mark; Is $36000 A Good Buy Target? - BitcoinEthereumNews.com

स्रोत Tradingview　　On March 1st, the Bitcoin(BTC) buyers failed their fourth attempt to overcome the $45000 in the last two months. An evening star pattern at this resistance suggested the sellers continue to defend this level with all their might.　　The follow-up downfall has breached the $40000 psychological level, escalating the selling momentum. After spending a day to retest this flipped resistance, the coin price turns red today, exchanging hands at $38211.　　The BTC chart shows that the coin has lost 18% in the last four days. The sufficient volume activity on the sellers side suggests the coin would soon visit the $36000 monthly support. If sellers breach this support level as well, the bitcoin traders can expect another 8.5% fall, retesting the January low at $33000.　　On a contrary note, if the shared support of $36000 and traditional pivot level(S1) bolster the buyers to regain control from the bears. Then, the coin price would surge higher to rechallenge the $45000 barrier. This formidable resistance is crucial for buyers to initiate a genuine recovery.　　प्रतिरोध स्तर- $40000, $45000　　समर्थन स्तर- $36000, $33000　　तकनीकी संकेतक　　The recent reversal has slipped the BTC price below the(20, 50, and 100) EMAs. Moreover, a bearish alignment among these EMAs indicates a bearish

2022-03-06बिटकॉइन
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