Balita sa Industriya ng Crypto at Market Trends

ETH Drops To One-Month Low: Whats Ahead For Ethereum?

EthereumAng ETH ay Bumababa sa Isang Buwan: Ano ang Nauuna Para sa Ethereum？7 minuto ang nakalipasBalita ng Ethereum ng Bitcoin　　Ethereums recent drop to $1,551 raises concerns.　　Ethereums trading volume increased 119% in the past 24 hours.　　Ethereum, the second-largest cryptocurrency by market capitalization experienced a significant downturn by hitting $1,551, nearing a seven-month low. This drop comes after a challenging week in which it declined by over 8%. The Ethereum community is reeling from this shock, especially considering that ETH began October by breaking the resistance level of $1,700, only to find itself under intense bearish pressure now.　　Adding to it, a prominent crypto data aggregator, Santiment, reported that Ethereum has become a polarizing topic with its price performance—its social dominance hit a seven-month high. At its lowest fee levels of 2023, traders are growing increasingly impatient. Despite this, the trading volume has surged by 119% in the past 24 hours, reaching $7 billion. Some traders view the rising bearish sentiment as a potential sign of an impending turnaround.　　Several factors have played a role in this price decline. Ethereums co-founder, Vitalik Buterin, notably conducted significant sell-offs of his holdings. Additionally, the Ethereum Foundation (0x9e…313d) executed a sale of 1.7k ETH on Uniswap at

2023-10-10Ethereum

Ethereum Price Topside Bias: Lumagpas sa $1,665

In the realm of crafting written content, three essential elements come into play: “perplexity,” “burstiness,” and “predictability.” Perplexity, the yardstick of textual intricacy, measures how intricate the text is. Burstiness, on the other hand, examines the ebb and flow of sentence structures, comparing the diverse range of sentence lengths and complexities. Lastly, predictability quantifies the likelihood of successfully anticipating the next sentence in a given text.　　Human authors tend to infuse their writing with burstiness, mixing longer and more intricate sentences with shorter, simpler ones, creating a dynamic reading experience. In contrast, AI-generated sentences tend to follow a more uniform pattern.　　For the forthcoming content creation task, I require a substantial infusion of perplexity and burstiness while minimizing predictability. The language of choice for this endeavor is English. Now, lets rework the following text:　　The Ethereum price is gradually edging lower, approaching the critical support level of $1,600 against the US dollar. The fate of ETH hangs in the balance, contingent on its ability to surmount the hurdles at $1,650 and $1,665.　　Ethereum grapples to maintain its foothold above the pivotal $1,600 support zone. The price currently hovers beneath $1,640, with the 100-hourly Simple Moving Average exerting downward pressure.　　Meanwhile, an auspicious development unfolds on

2023-10-10Ethereum

Maiiwasan ba ng ETH Price ang Pagbaba habang ang Ethereum Foundation ay Nag-withdraw ng $3M?

Crypto insiders routinely cash out portions of their holdings by moving them into an exchange wallet to be traded for fiat or other tokens. It often triggers significant market reactions depending on the context, size, and other macro circumstances surrounding insider outflows.　　Historical data shows that Ethereum foundation outflows have often coincided with local price peaks. And curiously, ETH price has already wobbled 2% to drop below the vital $1,600 support level within hours of the latest $2.73 million outflow transaction.　　If the bearish trend that followed the $30 million transaction recurs, ETH price could sink toward $1,500 in the weeks ahead.　　Ethereum Exchange Netflows Recently Reached a 5-Month Peak　　A closer look at the on-chain data reveals that ETH exchange net flows had hit a 5-month peak just days before the Ethereum foundation moved 1,700 ETH into Kraken.　　Ethereum inflows into crypto exchanges on October 3 had exceeded outflows by a staggering 79,000 ETH. The IntoTheBlock chart below also shows that the last time ETH inflows into exchanges exceeded outflows by such a large margin was back in May.　　This emphasizes the growing bearish sentiment across the Ethereum ecosystem.　　Ethereum (ETH) Exchange Netflows vs. Price | Source: IntoTheBlock　　Exchange Netflows subtract the daily token outflows from the

2023-10-10Ethereum

Inaangkin ng DOJ na Nagkasala ang Dating CEO ng FTX, Inilipat ng Depensa ang Sisi kay Ellison

The U.S. Department of Justice started with the opening statement that the FTX founder Sam Bankman Frieds entire crypto empire was a house of cards built on lies. The defense lawyer opposed it and said that the FTX founder acted in good faith, his business grew too quickly and shattered dramatically without any fault of his.　　The defense lawyer also assigned some of the blame to Caroline Ellison, one of his former employees, that she failed to install safeguards. Ellison has already pleaded guilty and will give evidence during the trial.　　Assistant U.S. Attorney Nathan Rehn told a 12-person Jury that to prove that the FTX founder is guilty and the government will provide sufficient proof. He lied to his customers and used their money to get money, power, and influence. He added that he utilized other peoples money in his investment and used it in all sorts of ways.　　But the defense lawyer said that the intention of the former founder of FTX and Almeda Research was never to steal customers money, he was deluged with the fast growth of this business.　　Prosecutor and Defense Lawyers Argued on This Matter　　Mark Cohen, the defense lead added that Sam Bankman never planned to steal the

2023-10-10Industriya

Ang Bitcoin Halving Buzz at Mga Predictions ay Tumaas sa Anim na Buwan na Natitira sa Event

Predictions for the upcoming Bitcoin halving are still pouring it, with most of them bullish on Bitcoins chance of a parabolic rise.　　The upcoming Bitcoin halving expected next year is already creating quite a bit of buzz as the market anticipates a reduction in Bitcoin block rewards. With a little over six months left till the halving, analysts are now offering predictions about Bitcoins chances.　　While the specific count might not be the same across analysts, Rekt Capital nai-post on X that the halving is 189 days from Monday. Rekt Capital has offered an analysis of Bitcoins price behavior during the 189 days before the second halving in July 2016.　　The analyst noted that Bitcoin fell 25% about 189 days before the second halving, in a re-accumulated range that lasted until two months pre-halving. According to CoinMarketCap data, Bitcoin is trading at $27,522. A similar plunge, as seen during the 2015 re-accumulation phase, could see the king coin plunge well below $22,000.　　After this ended, Rekt Capital notes that Bitcoin then began its pre-halving rally and hit $776 at the time. Unfortunately, the analyst stated a pre-halving trace of 40%, which led to a post-halving re-accumulation period that put Bitcoin in the $566 –

2023-10-10Bitcoin

MATIC: Susuko ba ang mga toro sa selling pressure?

Polygon [MATIC] continued to trade within a compact price range, as the selling pressure at the $0.6 price zone stood in the way of sustained bullish gains.　　Realistic or not, here‘s MATIC’s market cap in BTCs terms　　An earlier report by AMBCrypto on MATICs price action highlighted the possibility of an uptrend, based on the strong bullish rally from $0.5. However, this move is yet to materialize, due to the selling pressure still present at the $0.6 price zone.　　Dwindling bullish momentum could see MATIC maintain its bearish structure　　Pinagmulan: MATIC / USDT sa View ng Trading　　The RSI (Relative Strength Index) highlighted the drop in the buying pressure, as it moved from the upper level to the lower level on the 12H timeframe. This drop came after the price rejection at $0.58 within the compact trading range.　　This loss of momentum by bulls could lead to a bearish breakout from the compact range, with a retest of the $0.5 support level looking likely in the short term.　　As such, MATIC investors adopted a cautious approach. The CMF (Chaikin Money Flow) revealed significant capital outflows, as it moved into negative territory.　　A sustained bullish move will require buyers to cross the $0.6 hurdle. This could in turn propel

2023-10-10Industriya

Ang dramatikong pag-slide sa maliit na may hawak ng Bitcoin ay pumukaw ng intriga sa merkado

In a noticeable shift in Bitcoin ownership trends, the number of addresses holding a balance of 1 Bitcoin or less has breached the one million mark since this past summer. This development indicates a growing interest among smaller investors, potentially hinting at a broader democratization of Bitcoin ownership.　　Conversely, there has been a significant decline in addresses last week holding one Bitcoin or less. In fact, the ecosystem experienced a drop of over 2,500 addresses, which represents the single most dramatic decrease recorded in over two years. This substantial reduction may suggest a movement of larger sum holders either exiting the market or redistributing their holdings across multiple addresses, a pattern worth scrutinizing for its potential impact on the market.　　While these findings point towards a changing pattern in Bitcoin ownership, the long-term implications on market dynamics remains to be ascertained.　　Address Balance: (Source: Glassnode)　　The post Dramatic slide in Bitcoin ‘small holders’ sparks market intrigue appeared first on CryptoSlate.

2023-10-10Bitcoin

Innovation para maiwasan ang Stampedes sa Music Venues at Stadiums Nominated for National Award

In a bid to tackle the serious safety concerns associated with stampedes at music venues and stadiums, a promising innovation known as the Stampede Prevention System has emerged as a finalist in the prestigious Engineers in Business Champion of Champions competition. Designed by Eray Kayar, a student at Queens University Belfast, this groundbreaking system has the potential to revolutionize crowd control and ensure the safety of event attendees.　　The stampede prevention system: A glimpse into the future of crowd safety　　Stampedes at crowded events have long been a cause for concern, with tragic incidents occurring even in well-developed cities. Eray Kayar recognized the pressing need for a solution and embarked on a journey to develop an innovative system that would mitigate the risks associated with stampedes.　　At its core, the Stampede Prevention System combines cutting-edge technology, including an AI-powered flow monitoring system, with a controller and splitter airbags that can be seamlessly integrated into the flooring of venues. These airbags remain concealed until the system detects an abnormal situation, at which point they inflate to create safe pathways for eventgoers to evacuate, significantly reducing the risk of stampedes.　　Eray Kayars vision: automation for Safer Crowds　　Eray Kayar, the creative mind behind this potentially life-saving technology,

2023-10-10Industriya

Ang Tornado Cash ay Naghahari sa Ethereum

Ethereum　　Ang Tornado Cash ay Naghahari sa Ethereum　　11 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Alex Dovbnya　　Despite the shadow of U.S. Treasury sanctions and a significant drop in assets, Tornado Cash, Ethereums leading crypto mixer, has seen a resilient comeback　　Despite facing sanctions from the U.S. Treasury in August 2022, Tornado Cash patuloy to dominate as the premier crypto mixer on the Ethereum network.　　Recent data from crypto analytics firm Arkham reveals that a staggering $77.35 million in assets passed through Tornado Cash contracts on the Ethereum Mainnet in just the last month.　　An impressive comeback　　The mixer, which operates across seven different chains, has made a name for itself by allowing users to obfuscate transfers of ten distinct crypto assets, with native ETH on the Ethereum mainnet being the most popular.　　At its height in July 2021, Tornado Cash managed more than $700 million of ETH in its pool contracts. The platform did experience a significant setback post-sanctions, with assets plummeting by over 60% and a substantial decrease in transfer volume.　　Notably, this downturn was only temporary, as both total value locked (TVL) and transfer volume showed signs of recovery, even amidst the arrest of two of Tornados three founders.　　At present, Tornados TVL sits at approximately 118.3K

2023-10-10Industriya

Forbes Bold Prediction: $8 Trillion to Enter XRP and Bitcoin Markets Amidst US Dollar Woes

Bitcoin　　Matapang na Prediction ng Forbes: $8 Trilyon na Papasok sa XRP at Bitcoin Markets Sa gitna ng US Dollar Woes　　29 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Crypto is the new hope for traders fleeing Gold and Silver due to rising US debt, inflation, and dollar weakness. Heres why？　　Forbes recently reported on XRP‘s probable rise in the cryptocurrency sector. Their article, “U.S. Dollar ’Collapse‘—Shock $8 Trillion Predicted Fed Inflation Flip To Spark A ’Critical Bitcoin, Ethereum, XRP And Crypto Price Boom To Rival Gold,” predicts whooping $8 trillion influx into the XRP and Bitcoin markets after the US dollar collapses.　　But what is fueling this prediction is shocking, as the catalyst behind this seismic change is the soaring U.S. national debt, currently towering at $33 trillion. Forbes reported that analysts at Jefferies, a renowned equity research and strategy firm, anticipate a potential collapse of the U.S. dollar. Their rationale lies in the likelihood of the Federal Reserve reintroducing money-printing measures to navigate the treacherous waters of this debt crisis.　　Weakening Dollar is paving the way for crypto. 　　Interestingly, Forbes is mainly looking at the possible weakening of the US dollar due to the country‘s massive debt. According to Jefferies, the Federal Reserve’s anticipated

2023-10-10Industriya

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