Ethereum Falls As bears Try To Break $1,600 Support Level

The latest price analysis by Coinidol.com report, Ethereum (ETH) price remains in a limited range as the bears try to break the current support.   Pangmatagalang pagsusuri ng presyo ng Ethereum: bearish  The 21-day line SMA or resistance at $1,650 has continued to limit the upside. On the plus side, additional gains in the altcoin are unlikely as the bears have the upper hand. At the time of writing, the largest altcoin is trading at $1,615.  If the bears break the current support of $1,600, the market will fall and retest the previous low of $1,517. On the other hand, the price of the cryptocurrency could rise again if the current support level holds. A price rally will break above the 21-day simple moving average, and the positive momentum will extend to the 50-day simple moving average. A break above the moving average lines means that the uptrend has resumed. Meanwhile, the altcoins price has declined after retesting the current support level of $1,600.  Pagsusuri ng tagapagpahiwatig ng Ethereum  Ether is lingering above the current Relative Strength Index support level of 34 for the period 14. Ether is falling as the price bars are rejected at the moving average lines. The price bars resistance line

2023-09-11Ethereum

Extreme Ethereum Crash Ngayon sa Mga Card, Ayon sa Analyst Benjamin Cowen – Narito ang Kanyang Target

Ethereum  Extreme Ethereum Crash Ngayon sa Mga Card, Ayon sa Analyst Benjamin Cowen – Narito ang Kanyang Target  7 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  A widely followed crypto analyst says that a massive crash for the leading smart contract platform is within the realm of possibility.  In a new strategy session, crypto trader Benjamin Cowen tells his 787,000 YouTube subscribers that a freefall to the $400-$800 range is in the cards for Ethereum (ETH), the second-largest crypto asset by market cap.  Cowen also says that a move toward his downside targets would mark 2023 as the year when both ETH bulls and bears got “sufficiently wrecked.”  Pinagmulan: Benjamin Cowen / YouTube  The crypto strategist goes on to say that for the rest of 2023, he expects Ethereum to post lower highs and lower lows.  Ang Ethereum ay nakikipagkalakalan para sa $1,609 sa oras ng pagsulat, isang 1.2% na pagbaba sa huling 24 na oras.

2023-09-11Ethereum

Sushi Swims Beyond Ethereum To Layer 1 Aptos, Aims For Cross-Chain Glory

Ethereum  Sushi Swims Beyond Ethereum To Layer 1 Aptos, Aims For Cross-Chain Glory  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Leading decentralized exchange (DEX) platform Sushi is embarking on an expansion into the Aptos Network, marking a significant move as it ventures beyond the Ethereum Virtual Machine (EVM) ecosystem.  Aptos Network stands out as a Layer 1 blockchain renowned for its enterprise-grade scalability, reliability, security, and user-friendliness.  The integration will see the DEXs key components, including Sushi v2 AMM and SushiXswap, seamlessly integrated onto the Aptos Network. This pioneering collaboration with Aptos represents a crucial step in realizing its vision of achieving cross-chain and multi-chain prominence.  While the DEX has been a prominent player in various EVM chains, such as Ethereum, Fantom, Polygon, Arbitrum, and BNB Chain, this expansion signifies its commitment to diversifying its presence and embracing innovation.  Despite recent challenges within the DeFi sector and a notable 60% decrease in its activity over the past month, the project remains resilient.  Its governance has actively pursued strategies to enhance its protocol, recently passing a proposal to increase liquidity in one of its pools. DWF Labs, a global digital asset market maker, has proposed a collaboration to bolster liquidity and trading depth for SUSHI tokens within the

2023-09-11Ethereum

Ethereum (ETH) and Solana (SOL) Overshadowed, Says IntoTheBlock

Ethereum  Ethereum (ETH) and Solana (SOL) Overshadowed, Says IntoTheBlock  Balita ng Ethereum ng Bitcoin  Arman Shirinyan  Unfortunately, neither Ethereum nor Solana can find enough support on market right now  In a market that is often swayed by sentiment, Ethereum and Solana find themselves in a complicated spot. Despite a string of bullish news, including Visa‘s interest and the buzz around a potential spot ETH ETF, both digital assets seem to be grappling with a shadow cast by fear-driven market dynamics. The looming $3 billion liquidation on FTX is a case in point, steering the market’s focus away from the positive strides these blockchains are making.  As of the latest data, Ethereum is priced at $1,623.49 USD, while Solana stands at $18.47 USD. These figures might not tell the whole story, but they do hint at a subdued market response to what should have been uplifting news.  Pinagmulan: TradingView  Over the past two weeks, both Ethereum and Solana have shown less than stellar price performance. This lackluster movement contradicts the positive news flow and suggests that the market is more attuned to potential risks, such as FTX‘s impending liquidation, rather than opportunities. It’s as if the market has put on blinders, focusing solely on the pitfalls ahead.  So, whats the

2023-09-10Ethereum

Generative Audiovisual Art to Reconstruct the Media

DeafBeef is a generative audiovisual art stored completely over the on-chain. The collection is introduced to the NFT space to push the limits and restructure the multimedia. The art is nothing but a C Compiler that generates the audiovisual and amplifying experience of NFT enthusiasts.  What makes the collection more special? Lets explore the collection at a glimpse.  A Glimpse of the NFT Collection   Introduced in March 2021, the DeafBeef NFT collection holds 223 unique items running over the Ethereum blockchain and is classified into the art category. The collection best represents the mixture of audio and video in an aesthetic form, pushing the limits of multimedia. DeafBeef NFT has no existence if not innovative, demonstrating the potential of technology holding the journey to the world of Web3. developed with self-made basic tools, imposing the criteria of black slate is offering creative audiovisual art.  A Canadian-born artist is behind the art and built a creative practice to design much from little. The collection is a unique variation, highlighting the involvement of programming in the world of art, creativity, and NFT as well. The passion for music and technological curiosity made it possible for DeafBeef Lacma to come up with such innovative, creative, and

2023-09-10Industriya

Pagsusuri ng Presyo ng Binance Coin (BNB) para sa Setyembre 9

Disclaimer: Ang mga opinyon na ipinahayag ng aming mga manunulat ay kanilang sarili at hindi kumakatawan sa mga pananaw ng U.Today. Ang impormasyon sa pananalapi at merkado na ibinigay sa U.Today ay inilaan para sa mga layuning pang-impormasyon lamang. Ang U.Today ay hindi mananagot para sa anumang pagkalugi sa pananalapi na natamo habang nangangalakal ng mga cryptocurrencies. Magsagawa ng iyong sariling pananaliksik sa pamamagitan ng pakikipag-ugnayan sa mga eksperto sa pananalapi bago gumawa ng anumang mga desisyon sa pamumuhunan. Naniniwala kami na ang lahat ng nilalaman ay tumpak sa petsa ng paglalathala, ngunit maaaring hindi na available ang ilang partikular na alok na binanggit.  Bulls are trying to seize the initiative at the beginning of the weekend.  Nangungunang mga barya ni CoinStatsBNB / USD  Ang presyo ng Binance Coin (BNB) ay tumaas ng 0.24% simula kahapon.  Imahe sa pamamagitan ng TradingView  On the hourly time frame, the rate of Binance Coin (BNB) has bounced off the local resistance at $215.4. If the drop continues, traders are likely to see a test of the support at $214.3 by the end of tomorrow.  Imahe sa pamamagitan ng TradingView  On the daily time frame, todays slight rise has not affected the overall technical position as the rate remains far from

2023-09-10Industriya

Whales Sell 43,000 ETH on Coinbase, While Smart Money Bought ETH on Dip This Week

Heavy ETH transfers land on Coinbase exchange one after other  Whale Alert crypto tracker has shared that within the past day, two anonymous wallets have transferred hefty chunks of the second largest cryptocurrency Ethereum to the leading U.S.-based crypto exchange Coinbase.  Those transactions carried an almost identical amount of Ether: 21,410 ETH and 21,439 ETH, each worth nearly $35 million in the USD equivalent.  It is likely that these transfers were made with an intention to sell that ETH. However, as the whale moved the Ethereum to Coinbase, the ETH price took a small dive of less than 2%.  Earlier this week, there were also two massive ETH transactions made to Coinbase, each carried 150,000 ETH. However, deep analysis of Arkham Intelligence clarified that those were just internal transfers made by Coinbase between its cold and hot wallet addresses.  A few days ago, it was reported that an unknown “smart whale” bought 20,000 ETH on the Binance exchange, spending roughly $36 million USD on that amount of crypto.  Some commentators assumed that perhaps that whale was expecting a major Ethereum rise coming soon.  At the time of this writing, Ethereum is changing hands at $1,634. With Ethereum spot and futures ETFs filings submitted recently, the second most

2023-09-10Industriya

Binance (BNB) Becomes Second Largest Private Taxpayer in EU Country

Seasoned cryptocurrency analyst adds unexpected touch to portrait of largest CEX ecosystem  It took one year for Binances crypto-to-fiat processing unit Bifinity, a Lithuanian-headquartered company, to jump into the top five country taxpayers. Bifinity UAB paid over $45 million in taxes excluding VAT in 2022.  Binances Bifinity is top Lithuanian taxpayer, researcher says  During the 2022 fiscal year, Binances affiliate Bifinity was the second largest corporate and fourth largest taxpayer overall. This data was published by pseudonymous blockchain researcher going by DeFi Ignas (@DefiIgnas on X) based on statistics of the national tax service.  There‘s one peculiar reason I’m a fan of Binance.  Binance via Bifinity entity contributed more in taxes in my small home country Lithuania than the four largest Nordic banks.  In fact, Binance was the 2nd largest corporate and 4th largest taxpayer overall. Binance funds fixing…  — Ignas | DeFi Research (@DefiIgnas) Septiyembre 7, 2023  Amid corporate taxpayers, it was only surpassed by Thermo Fisher Scientific Baltics (also known as Fermentas), a well-known producer of restriction enzymes and DNA ladders and molecular weight markers. Also, Binances Bifinity is surpassed by two state-owned enterprises (in the table above, VĮ stays for “valstybės įmonė,” a form of state-backed entity in Lithuania).  DeFi Ignas noticed that Binances Bifinity paid

2023-09-10Industriya

Nakakaintriga Trend Spurs Araw-araw 527,000 Bagong BTC Address

Ali, a cryptocurrency analyst, points out an intriguing trend that is now taking place as Bitcoin oscillates below $26,000. He stated that roughly 527,000 new BTC addresses are created every day, setting a new yearly high.  As #Bitcoin ay patuloy na nagbabago sa paligid ng $26,000, isang kawili-wiling trend ang lumitaw. Humigit-kumulang 527,000 bago $ BTC ang mga address ay ginagawa araw-araw, na kumakatawan sa isang bagong taunang mataas!  Para sa mga hindi pamilyar, ito ay nagpapahiwatig na mas maraming tao ang nagpapakita ng interes #BTC, kahit na nakita ang presyo nito...   — Ali (@ali_charts) Septiyembre 8, 2023  Ali cited Glassnode data to illustrate a spike in new addresses, which has been steadily increasing. The most obvious increase occurred between late August and early September when new addresses surpassed 510,000.  When compared to previous months, May saw Bitcoin average roughly 390,000 new addresses every day. This figure has risen, reaching a new yearly high of roughly 527,000.  According to the crypto analyst, this could indicate increased interest in BTC despite its lackluster trading action. Ali went on to say what this could mean for Bitcoins long-term prospects: The growth in participation can be seen as a positive sign of sustained interest and trust in the

2023-09-10Industriya

Maaari bang Mabaliktad ang Presyo ng APENFT sa lalong madaling panahon?

Si Mr. Pratik chadhokar ay isang Indian Forex, Cryptocurrencies at Financial Market Advisor at analyst na may background sa IT at Financial market Strategist. Dalubhasa siya sa mga diskarte sa merkado at teknikal na pagsusuri at gumugol ng higit sa isang taon bilang isang tagapag-ambag at tagamasid sa mga pamilihan sa pananalapi. Siya ay nagtataglay ng malakas na teknikal na analytical na kasanayan at kilala sa kanyang nakakaaliw at nagbibigay-kaalaman na pagsusuri ng mga pamilihang Pananalapi.  Pinakabagong mga post ni Pratik Chadhokar  APENFT is a platform that aims to connect top artists and blockchain technology. It supports NFT artworks and artists on multiple blockchains, such as TRON, Ethereum, and BSC. It uses the BitTorrent File System for decentralized storage of NFT data. APENFT is a popular and growing NFT platform.  The maximum market cap of APENFT (NFT), if all 1 Quadrillion NFT tokens were available today, is $314,959,201. This is the cryptocurrencys fully diluted valuation (FDV). However, not all NFT tokens are in circulation yet, as they are released gradually over time. This means that the actual market cap of APENFT (NFT) may be lower than the FDV. According to [CoinGecko], it may take years for the FDV to be attained.  APENFT crypto plummeted

2023-09-10Industriya
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