Balita sa Industriya ng Crypto at Market Trends

Ethereum Tests Crucial Support But Won’t Drop Below $1,850: Here’s Why To Be Bullish On ETH Price

In recent hours, the market has experienced significant liquidations. Bitcoin‘s price touched the $38K resistance mark only to trigger sellers to open short positions. Consequently, the price of Bitcoin nearly dropped by $1,000, while Ethereum’s price lost its momentum above $2,000, now hovering around a critical support level. Despite this, Ethereum is showing signs of a comeback. On-chain metrics indicate an increasing accumulation, which is acting as a buffer against any decline.　　ETHBTC Touches 1-Week Low　　The latest data from Coinglass indicates significant market movements. In the past 24 hours, there was a liquidation event as Ethereum (ETH) struggled to maintain its value above $2,000. This downturn led to the liquidation of long positions worth approximately $37.5 million, strengthening the resistance level as the price did not meet buyers expectations.　　Further insights from TradingView show that the ETH/BTC pair has reached its lowest point of the week, trading at 0.053. This trend points to an increase in selling activities in the market. Additionally, there appears to be a decreased interest from major investors, or “whales,” as Ethereums price could not surpass the $2,100 threshold. Data from IntoTheBlock reveals a decline in whale transactions, dropping from a high of $6.6 billion to around $4

2023-11-18Ethereum

Sinabi ng SEC Gensler na hindi kami maghuhusga

Tech　　Sinabi ng SEC Gensler na hindi kami maghuhusga　　Balita ng Ethereum ng Bitcoin　　Talaan ng nilalaman　　Gary Gensler, chairman of the Securities and Exchange Commission (SEC) was forthright in a speech, saying that the SEC is not a prosecutor of honest business, and neither will it prejudge.　　Gensler quotes from the past　　Chair Gensler was addressing the 2023 Securities Enforcement Forum on Thursday, and he held up some of the SEC chairmen from past times, and what they said, as where he himself got some of his inspiration from.　　As Joseph P. Kennedy, the first @SECGov Chair, once said: “We are not prosecutors of honest business, nor defenders of crookedness. We are partners of honest business & prosecutors of dishonesty. We shall not prejudge, but we shall investigate.”　　Check out my recent remarks: pic.twitter.com/QM2zqj8PQs　　- Gary Gensler (@GaryGensler) Nobyembre 16, 2023　　Joe Kennedy was mentioned in his speech as someone who particularly inspired him, who said the following:　　Gensler might have been taking a dig against certain crypto companies with these words. Gensler went on to quote some more lines by Kennedy which he made a few months later. He said:　　The Gensler tenure　　Gensler would probably really like those in the audience and those who saw this particular speech clip to

2023-11-18Industriya

SEC delays decision on Hashdex ETH ETF rule change

The US Securities and Exchange Commission has delayed a decision on Hashdexs proposed ethereum ETF rule change.　　The move, confirmed by a filing dated Nov. 15, comes just days after the regulator similarly delayed Hashdexs bitcoin ETF proposal.　　If the SEC were to approve the rule change, the ETF would hold future and spot ether contracts.　　According to the SECs filing, the Commission now has until Jan. 1, 2024 to make a decision or “institute proceedings to determine whether to disapprove the proposed rule change.”　　The delay is one of the handful expected this week, including SEC decisions on the Franklin Templeton proposed spot bitcoin ETF. The SEC also postponed a decision on Grayscale proposed ethereum ETF rule change on Nov. 15.　　The Grayscale delay, as noted by Bloomberg analyst James Seyffart, was not “remotely surprising.”　　This isnt the first round of SEC delays on recent bitcoin or ether spot ETF applications, either. Back in late September, the agency delayed the BlackRock and Valkyrie spot bitcoin ETF decisions.　　Throughout the years, the SEC has issued over 30 rejections to a number of filers including the Winklevoss twins. The spot bitcoin race really began heating up in July of this year after BlackRock — the worlds largest asset

2023-11-18Ethereum

Spot Ethereum ETF Proposal Naantala ng SEC

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the Hashdex Nasdaq Ethereum ETF application until 2024.　　The delay follows closely on the heels of another recent postponement. As reported by U.Today, the SEC has also deferred Hashdexs Bitcoin ETF conversion attempt.　　The race for a spot Ethereum ETF 　　Surprisingly, there is a notable race to launch a spot Ethereum ETF. BlackRock, the top manager, has recently entered the fray by officially filing for a spot Ethereum ETF with the formidable regulator.　　The product, which is aimed at mirroring the performance of Ether‘s price, comes after BlackRock’s June filing for a spot Bitcoin ETF.　　This development indicates that investment behemoths of the likes of BlackRock are becoming increasingly comfortable with the second-largest cryptocurrency despite its murky regulatory status.　　In various instances, SEC Chair Gensler has refrained from categorically stating whether Ether is considered a security under U.S. law.　　For instance, during an April congressional hearing, Gensler did not give a direct answer when questioned about Ether‘s status as a security. In earlier statements, Gensler had suggested that Ether might be considered a security, especially following Ethereum’s transition to a proof-of-stake consensus mechanism　　Expectations for SEC approval in 2024 　　James Seyffart, an analyst with Bloomberg

2023-11-18Ethereum

Blackrock Files for Ethereum ETF: Heres What We Know

Asset management giant BlackRock made waves this week by filing for regulatory approval of a spot Ethereum exchange-traded fund (ETF). The proposed ETF, titled iShares Ethereum Trust, aims to give investors direct exposure to ether, the native cryptocurrency of the Ethereum blockchain.　　Pangunahing puntos　　BlackRock has filed for a spot Ethereum ETF with the SEC, seeking to provide direct exposure to ether. This comes after it filed for a spot bitcoin ETF in June.　　The Ethereum ETF will be called the iShares Ethereum Trust and listed on Nasdaq if approved. The bitcoin ETF is called iShares Bitcoin Trust.　　Coinbase Custody will hold the Ethereum ETF‘s ether, similar to BlackRock’s proposed bitcoin ETF.　　BlackRock joining the crypto ETF race shows growing institutional interest in direct cryptocurrency exposure.　　The crypto industry hopes BlackRocks Ethereum ETF filing could improve chances of regulatory approval after a court ruled the SEC was wrong to reject a spot bitcoin ETF.　　The filing with the Securities and Exchange Commission (SEC) comes just months after BlackRock sought approval for a spot bitcoin ETF called iShares Bitcoin Trust. Both filings represent a major bet on crypto by the worlds largest asset manager.　　BlackRocks push into crypto ETFs signals growing confidence that the SEC will finally approve such

2023-11-17Ethereum

Ethereum Price Holds Ground – Indicators Suggest Fresh Surge To $2,120

Ethereum reacted to the downside and tested the $1,935 support.　　Ang presyo ay kinakalakal sa ibaba $2,020 at ang 100-oras na Simple Moving Average.　　Nagkaroon ng pahinga sa ibaba ng isang pangunahing tatsulok na pagkontrata na may suporta na malapit sa $ 2,025 sa oras-oras na tsart ng ETH USD (data feed sa pamamagitan ng Kraken).　　The pair is likely forming a double-bottom pattern and might outperform Bitcoin.　　Muling Pagbisita sa Presyo ng Ethereum $1,935　　After facing rejection near the $2,090 zone, Ethereum price reacted to the downside. ETH traded below the $2,050 and $2,020 support level to enter a short-term bearish zone, like Bitcoin.　　There was also a break below a key contracting triangle with support near $2,025 on the hourly chart of ETH/USD. However, the bulls took a stand near the $1,935 support zone. It seems like Ether is likely forming a double-bottom pattern, while Bitcoin is forming a double-top near $38,000.　　Ethereum is now trading above the 23.6% Fib retracement level of the downward move from the $2,092 swing high to the $1,935 low. Immediate resistance is near the $2,000 zone.　　The first major resistance is near $2,020 or the 100-hourly Simple Moving Average. It is near the 61.8% Fib retracement level of the downward

2023-11-17Ethereum

Shiba Inus November Pump: Predicting Heights of SHIB In 2024

Pananalapi　　Ang November Pump ng Shiba Inu: Paghula sa Taas ng SHIB Noong 2024　　Balita ng Ethereum ng Bitcoin　　Shiba Inu has been on the rise in recent weeks, with a decent price hike of almost 25% in a month.　　SHIBs increased burn mechanism and utility through Shibarium and other ecosystem projects sparked interest again.　　The second-best meme coin, Shiba Inu (SHIB), has been making waves in the crypto market since it noted recent gains. This has to do with the latest developments SHIB has rolled out and investors are hoping itll break through the $0.00001 mark before 2024.　　Although this popular meme coin is on the upswing, meme coin enthusiasts are buzzing over a new coin called Meme Kombat ($MK). This token offers unique utility combined with huge staking rewards and has been blowing up in its presale. But before digging deeper, let‘s take a closer look at what’s in store for SHIB and how it will hold up.　　Bumili ng Meme Kombat Ngayon　　SHIBs Bullish Momentum – Can the Meme Coin Maintain Its Gains in 2024？　　Shiba Inu has been on the rise in recent weeks, with a decent price hike of almost 25% in a month. This comes after a couple of months of declines and

2023-11-17Industriya

Lahat ng Dapat Malaman Tungkol sa QTUM, Ang Mga Prospect Nito at Pagbili ng Token

QTUM is a Proof-of-Stake blockchain developed to leverage the upstream benefits of ETH and BTC. It focuses on scalability with a faster, greener, and more stable value transfer protocol. The project unites the salient features of Bitcoin and Ethereum into one chain. The highlight of QTUM is the UTXO transaction model equipped with the functionality of smart contracts and dApps.　　Factors That Make QTUM Special 　　There are quite a few merits that make this project stand out from others.　　On-Chain Decentralized Governance: QTUM brings custom-built decentralized governance to the fore. It allows different stakeholders to put across their views on platform functions. They can also alter certain blockchain parameters using smart contracts.　　Large Node Network: QTUM boasts of running one of the biggest node networks in the world. Till 2021, it had 1200 nodes working across 60 countries. The number and extent greatly upscales the degree of openness and decentralization of this network. Reportedly, Bitcoin and Ethereum are the other two blockchains with higher node counts.　　Umuunlad na DeFi Ecosystem: QTUM hosts a growing community of dApp developers. It has become the platform for the development of many other applications including Qcore and QiSwap.　　Inclusive Proof-of-Stake: QTUMs PoS consensus is highly inclusive as well as

2023-11-17Industriya

Bitcoin Price Spikes 5% as Crypto Prices Turn Bullish Again and $BTCETF Raises $800K

After a selloff to $35K, Bitcoins price has made a resurgence and is currently priced at $37.5K. It is up 5.3% in the last 24 hours and 31% in the last month, indicating a strong longer-term uptrend.　　Meanwhile, Bitcoin ETF Token shows even more bullish potential after surging past $800K in its presale. Will this token explode with the ETF approvals potentially imminent？　　Bitcoin Advances, But Analysts Are Split on Its Next Move　　Despite its relative strength over the past month, several analysts are exercising caution in their predictions for where BTC could be headed in the short term.　　The overarching sentiment is that it will enter a bull rally by 2024, with the Bitcoin halving and ETF approvals expected to bolster its price significantly. However, its path towards these events remains uncertain.　　Crypto researcher Jimmy Boss took to CoinMarketCap‘s social feed to voice his bullishness for Bitcoin. According to the analysis, the recent pump is “just the beginning of Bitcoin’s uptrend.”　　The post noted that the pump had wiped out an earlier pullback, switching Bitcoin from neutral to bullish.　　X commentator The Bitcoin Therapist also voiced optimism regarding Bitcoins uptick. A recent tweet noted, “It has already retraced everything from the last 24 hours,” and that

2023-11-17Bitcoin

5 Crypto Casino sa Thailand na kumikita sa bawat sugarol

Crypto is one of the technologies that change our way of approaching everything radically. So far, we have followed the decentralized structure that kept the power to a few. In many ways, it favored just some people over the rest. But that is changing now with a decentralized ledger. The industry that has already experienced it first-hand is gambling. This sector has witnessed a wave of transformations on various fronts. Its impact is seen in various countries that opened up to the concept of blockchain-based gambling.　　Thailand is one of the countries in Asia that has embraced these new establishments. This country is already known for tourists who go there seeking hedonistic pleasures. While gambling was always one of them, it has become more lucrative only recently. With the assimilation of blockchain technology, gambling has become much more transparent now. It gives limitless chances of winning to the players along with so many fringe benefits. So lets explore some decentralized gambling platforms that are making noise in this country.　　Blockchain Gambling Platforms in Thailand　　Following are the Top 5 platforms that have earned huge numbers and player due to their features.　　1xBet　　1xBet became widely popular due to its various merits. Sports betting enthusiasts can

2023-11-17Industriya

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