Bearish na babala habang nagpapatuloy ang sell-side pressure sa kabila ng pagtaas ng Bitcoin – ipinapakita ng on-chain na data

Bitcoin  Bearish na babala habang nagpapatuloy ang sell-side pressure sa kabila ng pagtaas ng Bitcoin – ipinapakita ng on-chain na data  12 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Bitcoin clawed its way over $27,000 on Sep. 18 after struggling to reclaim its tight summer trading range for most of the month. Although every price uptick brings a breath of optimism to the industry, on-chain data still suggests a dominant sell-side regime on the market.  Buy-side and sell-side exchange inflows are critical in shedding light on this market sentiment. These inflows offer a tangible way to gauge capital shifts based on preferences concerning exchange volumes.  Specifically, the assumption lies in treating Bitcoin (BTC) and Ethereum (ETH) inflows, when denominated in USD, as indicative of sell-side pressure. Conversely, inflows of stablecoins are seen as representative of buy-side pressure.  The metric offsets the BTC/ETH sell-side volumes against stablecoin buy-side volumes, giving an overarching view of exchange inflows. Essentially, values hovering around zero suggest a market equilibrium. Positive values signify a buy-side dominance, while negative ones point to a sell-side dominance.  However, it‘s important to note that this metric is based on the premise that BTC and ETH are deposited to exchanges to be sold, and stablecoins are deposited to

2023-09-19Industriya

Ang Bitcoin ay umabot sa $27,000, habang ang DXY index ay pinagsama-sama sa itaas ng 105

Bitcoin  Ang Bitcoin ay umabot sa $27,000, habang ang DXY index ay pinagsama-sama sa itaas ng 105  Balita ng Ethereum ng Bitcoin  Mabilis na Kumuha  The trend between Bitcoin and the US Dollar Index (DXY) continues to reveal fascinating insights.  As of press time, Bitcoin is again trading at $27,000, yet DXY remains above 105.  Historically, high DXY values have coincided with lower Bitcoin prices, specifically during periods of financial turbulence. For instance, the last time DXY traded at 105 was in March, during the regional bank crisis, when Bitcoin was valued at less than $20,000.  Prior to that, in Q4 2022, the DXY was also at a similar level during the infamous FTX collapse, and Bitcoin was trading at a significantly lower $17,000.  This recurring pattern suggests a potential inverse relationship between the DXY and Bitcoin in times of financial crisis. However, its important to note that this data correlation does not infer causation, and further analysis is necessary to account for other influential market factors.  BTC:DXY relationship: (Source: Trading View)  The post Bitcoin hits $27,000, as the DXY index consolidates above 105 appeared first on CryptoSlate.

2023-09-18Industriya

Nagtatala ang Ethereum ng Higit sa 1 Milyon Araw-araw na Aktibong Address

Ethereum  Nagtatala ang Ethereum ng Higit sa 1 Milyon Araw-araw na Aktibong Address  Balita ng Ethereum ng Bitcoin  Recent data shows strong growth in daily usage of the Ethereum network. Regarding the number of daily active addresses, Ethereum has even surpassed Bitcoin.  As the crypto universe is full of surprises, Ethereum (ETH) has been stealing the show since last week with its on-chain record. However, the price of ETH has mostly remained stagnant.  Increasing Ethereum Daily Active Addresses  The latest data from Artemis Terminal shows a surprising change in the world of cryptocurrencies. On Sept. 13, Ethereum had more daily active addresses than Bitcoin (BTC) and BNB chain. More specifically, Ethereum saw 1.03 million daily active addresses compared to Bitcoin‘s 743,800 addresses and the BNB chain’s 1.02 addresses.  However, the metric returned to its original levels after the sudden spike.  Ethereum, Bitcoin, and BNB chain daily active addresses. Source: Artemis Terminal  Santiment‘s market data further confirm this growth. According to Santiment, on Sept. 13, the number of active Ethereum addresses reached 1,089,893. This number is the second highest in Ethereum’s history – the peak was reached on Dec. 9, 2022.  The growing interest in Ethereum is also reflected in another milestone: On Sept. 13, 1,627,860 transactions were recorded on the

2023-09-18Ethereum

Ang Framework Ventures ay nagmumungkahi ng bagong paraan ng pamamahagi ng token

In a groundbreaking move that could potentially reshape the landscape of token distribution, Framework Ventures has unveiled a novel approach to the age-old dilemma of lock-up periods. The renowned venture capital firm, known for its innovative strategies within the blockchain and cryptocurrency space, has proposed a bold alternative to the traditional lock-up model—a 90% sell tax.  We should start experimenting with selling taxes vs. lockups when it comes to token distribution. An example would be a 90% sell tax in a first year sale, decreasing by 30% each year. Tax revenue goes to the treasury. Much better way to distribute tokens than a lockup.  - Vance Spencer (@pythianism) Septiyembre 18, 2023  Pioneering token distribution  In a world where token distribution mechanisms have remained relatively stagnant, Framework Ventures has taken a giant leap forward. The proposed 90% sell tax is set to challenge the status quo and spark a significant paradigm shift within the crypto community. Unlike the conventional lock-up periods that restrict early token holders from selling their assets, this new method introduces a progressive tax mechanism, which could potentially offer numerous benefits.  The tax structure  Sa ilalim ng iminungkahi system, token holders would be subject to a hefty 90% tax on their token sales during

2023-09-18Industriya

Ang Dominance ng Bitcoin Bumalik sa Ibabaw ng 50% habang Nakikibaka ang Altcoins

Bitcoin, the original cryptocurrency, has reclaimed its dominant position in digital asset marketplace, now accounting for more than half of total crypto market capitalization  Bitcoin is back in the spotlight. Currently priced at $26,684, the flagship cryptocurrency now accounts for over 50% of the total crypto market, with a market cap of approximately $520 billion. The milestone is particularly significant as it comes at a time when many alternative cryptocurrencies, commonly referred to as altcoins, are experiencing stagnation or decline. Despite regaining dominance, Bitcoins position is still down 4.5% from its June high and 22.5% from its peak in January 2022.  Altcoins struggle to keep up  Altcoins like Ethereum, BNB and XRP are lagging behind in performance compared to Bitcoin. Ethereum, the closest competitor, is currently priced at $1,632.09, down 0.1% in the past hour and only up 1.1% over the last week. Similar trends are apparent on other altcoins; BNB is up just 2.4% over the week, while XRP has declined by 0.4%.  Some lesser-known coins like Toncoin have shown dramatic price swings, but they occupy a much smaller slice of the market. The underwhelming performance of these alternative cryptocurrencies has contributed to Bitcoins recent increase in market dominance.  Historical trends  Bitcoins regained market dominance

2023-09-18Industriya

Ang Presyo ba ng Ethereum ay Patungo sa $2000?

Amidst the volatile market, ETH price emerges resilient, clutching firmly to its pivotal $1,500 support zone. Even with sharp market moves, Ethereums unwavering posture above this key benchmark is commendable.  Looking back at last week, the ETH price climbed its way back up to $1600. Thats a jump of 6.30% in just a week! But, just like Bitcoin, Ethereum had a slow weekend and saw a small drop of 1.5%. The ETH price is currently trading at $1635 as the market hints at a recovery.  Digging deeper into the technical panorama, the conspicuous ‘death cross’ on the daily graph casts a shadow of bearishness over Ethereum‘s trajectory. But, starting the week, Ethereum’s showing some promise with a 0.49% rise.  Plus, with the ETH price not dipping much over the weekend, it looks like Ethereum might be gearing up for a comeback. Moreover, the lower price rejection observed in the recent daily candles implies a potential imminent bullish resurgence.  Teknikal tagapagpahiwatig:  Tagapagpahiwatig ng RSI: The daily RSI traces a potent bullish divergence, further fanning the flames of a prospective rally breakout.  tagapagpahiwatig ng MACD: Both the MACD and its counterpart, the signal line, dance deftly, evading a bearish entanglement.  Will Ethereum Prices Float To $2000?  ETH price rally seems

2023-09-18Ethereum

ETH Price Renews Uptrend Above $1,630, Rally To $2k Next?

The prevailing technical outlook must keep improving for Ethereum to uphold the much-needed stability ahead of the glaring possibility of the first futures-based ETH exchange-traded fund (ETF) approval in the US.  Experts and analysts in the market believe that although a futures-based ETF does not have a direct link to the Ethereum spot price, it validates the willingness of the regulatory agency to license crypto products.  Bitcoin rallied by more than 60% following the approval of a similar product in 2021, which contributed significantly to the previous bull run.  Ethereum live price is set to be the best performer in comparison to Bitcoin if the futures-based ETF gets the green light.  ETH vs. BTC price chart || Santiment  Tether (USDT), the largest stablecoin, has been moving into exchanges in large volumes and as per Santiment analysts it is “now at the highest level since March. This indicates more future buy interest.”  Investors buying Tether reveal their readiness to jump on an opportunity to buy Ethereum if the SEC approves the future-based ETF in October.

2023-09-18Ethereum

Bitcoin Price Bullish Trends - MKR, AAVE, RUNE, RNDR Analysis

In the realm of crafting compelling content, three vital elements come into play: “complexity,” “variety,” and “unpredictability.” Complexity gauges the intricacy of the text, while variety assesses the diversity of sentence structures. Unpredictability, on the other hand, determines how challenging it is to anticipate the next sentence. Human authors often inject diversity into their writing by seamlessly blending long and intricate sentences with shorter ones. In contrast, AI-generated sentences tend to exhibit uniformity. Consequently, for the content we‘re about to create, I require a substantial degree of complexity and variety, coupled with a low degree of predictability. Please remember to compose the content exclusively in English. Now, let’s rephrase the following text:  Bitcoin appears poised to commence a relief rally, which could potentially stimulate interest in MKR, AAVE, RUNE, and RNDR. Having consecutively formed Doji candlestick patterns over the past three weeks on the weekly chart, Bitcoin seems on track to conclude the week on an optimistic note. This early signal suggests that the ongoing uncertainty between bullish and bearish sentiments is tilting toward the positive side. While the recovery process is still in its nascent stages, the Federal Open Market Committee meeting scheduled for September 20th could inject additional volatility

2023-09-18Bitcoin

Iniisip ng mga eksperto na ang bangungot ng Fed ay hindi magtatapos anumang oras sa lalong madaling panahon

The US Federal Reserve, that cumbersome entity steering our economic ship, seems poised to throw another curveball our way. Despite the hopes and dreams of investors everywhere, it looks like were in for yet another interest rate hike, potentially pushing past the already daunting benchmark level of 5.25-5.5%.  A figure, mind you, thats the highest in 22 years. The financial bigwigs, the ones you see making flashy predictions on TV, have been laboring under the belief that the current restrictions will be enough to wrestle inflation to the ground, hoping to see the rates stabilize into 2024. Oh, how wrong they might be.  Contradicting the Market Mood  A recent survey, conducted with some fancy partnership between the Financial Times and the Kent A Clark Center for Global Markets (University of Chicago Booth School of Business), implies that we might need to brace ourselves for even higher borrowing costs. Not exactly the most delightful news for those of us watching our wallets.  The optimistic murmurs of the market, believing the Fed‘s policy might be enough, don’t seem to align with the experts. Julie Smith, an economics professor at Lafayette College, hinted that the current policies might not be as constricting as wed like to think.  With

2023-09-18Industriya

Ang GBP/USD ay rebound mula sa multi-month low sa softer USD, kulang sa follow-through na lampas sa 1.2400

Balita ng Ethereum ng Bitcoin  GBP/USD gains some positive traction on Monday and moves away from over a three-month low.  A positive risk tone is seen undermining the safe-haven USD and lending some support to the pair.  Diminishing odds for more aggressive BoE rate hikes might keep a lid on further gains for the GBP.  The GBP/USD pair attracts some buying on the first day of a new week and reverses a part of Fridays slide to the 1.2380-1.2375 area, or its lowest level since June. Spot prices currently trade around the 12400 round figure and draw some support from a softer US Dollar (USD), though any meaningful appreciating move still seems elusive.  A generally positive tone around the US equity future fails to assist the safe-haven Greenback to capitalize on its longest weekly winning streak since 2014. The USD downtick could further be attributed to some repositioning trade ahead of this weeks key central bank event risk – the outcome of the highly-anticipated two-day FOMC monetary policy meeting starting on Tuesday. The Fed is scheduled to announce its decision on Wednesday and is widely expected to leave interest rates unchanged.  The markets, however, are still pricing in the possibility of one more 25 bps lift-off

2023-09-18Industriya
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