Balita sa Industriya ng Crypto at Market Trends

Gaano Karami ang Ethereum?

Another important aspect of the Ethereum supply to understand is that each ETH coin can be broken down into a very large amount of smaller units. The smallest unit of ETH is called wei, named after Chinese computer engineer and cryptography expert Wei Dai.　　Wei is similar to Bitcoin‘s smallest denomination, satoshi. Each ETH coin can be broken down into 1,000,000,000,000,000,000 (one quintillion) wei. Here’s what the different denominations are called:PangalanNumber of weiwei1kwei1,000mwei1,000,000gwei1,000,000,000twei1,000,000,000,000pwei1,000,000,000,000,000Eter1,000,000,000,000,000,000　　The move to Proof-of-Stake (PoS) has had a big impact on the Ethereum supply　　After the transition to Proof-of-Stake, the Ethereum protocol needs to issue much fewer ETH coins to ensure that the network is secure — simply put, staking is a much less resource-intensive process than mining.　　Before the move to Proof-of-Stake in September of 2022, around 13,000 ETH was being issued per day to provide incentives to Ethereum miners. Meanwhile, the new Proof-of-Stake system only has to issue about 1,600 ETH to adequately incentivize stakers and ensure that the network remains secure. After the transition to PoS, there has been about an 87.7% drop in the amount of new ETH coins that enter circulation each day.　　There is another crucial aspect to Ethereum‘s supply dynamics called EIP-1559. EIP-1559 is an

2023-08-30Ethereum

Sinimulan ng Ethereum ang Pag-akyat Nito, Ngunit Huminto Sa $1,748

The latest price analysis by Coinidol.com report, Ethereum (ETH), which experienced a price decline on August 17, has risen above the support level of $1,600.　　Pangmatagalang pagsusuri ng presyo ng Ethereum: bearish　　Bears repeatedly tried to push Ether to a low of $1,400. Nonetheless, the price rose back above the $1,700 mark, but the upward momentum could not be sustained. The price of the cryptocurrency has recovered to the 21-day line SMA. The price of Ether is above the support level of $1,700, but below the moving average lines.　　If Ether falls back below the $1,700 support, it will drop and return to the range bound zone. Positive momentum will reappear and the Ether price will break out above the moving average lines if it can hold above the $1,700 support. A break above the moving average lines indicates that the uptrend has resumed. Ether will regain its previous high of $1,900 or $2,000 in the near future. At the time of writing, Ether is trading at $1,719.80.　　Pagsusuri ng tagapagpahiwatig ng Ethereum　　The current price decline has reached the Relative Strength Index Level 49 for the period 14. This means that the Ether price has reached its equilibrium level. It means that supply and

2023-08-30Ethereum

Tala ng pagbili ng Ethereum sa Uniswap

Ethereum　　Tala ng pagbili ng Ethereum sa Uniswap　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Yesterday, after news of Grayscales legal victory against the SEC spread, large purchases of Ethereum on Uniswap occurred.　　According to reports from LookOnChain, as the price of ETH made a 4% leap, one whale bought 8,000 ETH in one fell swoop paying them a total of 13.6 million USDC.　　Thus, the purchase would have been made at a price of $1,708, which is well above the $1,640 before the news broke.　　The impact of Grayscales victory with the SEC and the purchases of Ethereum on Uniswap　　The impact of the news of Grayscales legal victory against the SEC on cryptocurrency prices was instantaneous.　　For example, yesterday the price of Bitcoin went from $26,000 to $27,700 in about two hours, while that of Ethereum in the same time went from $1,640 to $1,730.　　In the next few hours BTC went as high as nearly $28,200, then dropped back down toward $27,400, while ETH went no higher than $1,740, then dropped back toward $1,720.　　Right now Bitcoin is up 5.4% from yesterday, while ETH is up 4.3%.　　But the real impact of Grayscales legal victory against the SEC may yet to materialize.　　Indeed, the US District Judge in

2023-08-30Ethereum

Ethereum Rally Loses Steam, Why ETH Could Revisit Resistance Turned Support

Ethereum　　Ethereum Rally Loses Steam, Why ETH Could Revisit Resistance Turned Support　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereum gained momentum above the $1,660 and $1,670 levels.　　Ang presyo ay nakikipagkalakalan sa itaas ng $1,700 at ang 100-oras na Simple Moving Average.　　Nagkaroon ng isang pahinga sa itaas ng isang pangunahing linya ng trend ng bearish na may pagtutol na malapit sa $ 1,650 sa oras-oras na tsart ng ETH / USD (data feed sa pamamagitan ng Kraken).　　The pair is now correcting gains from the $1,750 resistance.　　Ethereum Price Rally Stalls　　Ethereums price was able to start a decent increase from the $1,620 zone. ETH formed a base and started a steady increase above the $1,650 resistance, like Bitcoin.　　There was a break above a key bearish trend line with resistance near $1,650 on the hourly chart of ETH/USD. The pair climbed higher above the $1,670 and $1,700 resistance levels. However, the bears were active near the $1,750 zone.　　A high is formed near $1,747 and the price is now correcting gains. There was a move below the $1,720 level. The price declined below the 23.6% Fib retracement level of the upward move from the $1,639 swing low to the $1,747 high.　　Ether is now trading above $1,700

2023-08-30Ethereum

Ang XAU/USD ay nagmamartsa patungo sa $1,945 na pangunahing pagtutol habang ang data ng United States ay lumalabas

Pananalapi　　Ang XAU/USD ay nagmamartsa patungo sa $1,945 na pangunahing pagtutol habang ang data ng United States ay lumalabas　　9 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Gold Price stays firmer at three-week high as bulls attack $1,945 resistance confluence.　　Sustained upside break of $1,910 support confluence, softer US Dollar favor XAU/USD bulls.　　China stimulus, downbeat United States Treasury bond yields also propel the Gold Price.　　US ADP Employment Change, PCE details and Q2 GDP eyed for intraday directions of XAU/USD.　　Gold Price (XAU/USD) stays firmer at the highest level in three weeks despite making rounds to $1,937-38 amid the early hours of Wednesday‘s Asian session. In doing so, the precious metal cheers the broad US Dollar weakness ahead of the key United States (US) data. Also favoring the XAU/USD are the downbeat US Treasury bond yields and hopes of more stimulus from China. However, the recent headlines surrounding the US-China ties and the International Monetary Fund’s (IMF) cautious view about the future allocations of the Special Drawing Rights (SDRs) seem to prod the Gold buyers ahead of the second-tier US statistics.　　Gold Price rises as softer United States data weigh on US Dollar, yields　　Gold Price crossed the 50-day Simple Moving Average (SMA), as well as rose the

2023-08-30Industriya

Ethereum Sees Significant Drops in Transaction Fees; Not for Good

Ethereum　　Ethereum Sees Significant Drops in Transaction Fees; Not for Good　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereums daily transaction fees reached their lowest point in eight months, dropping to about 1,719 ETH, equivalent to approximately $2.1 Million, on August 27th. This decrease in gas fees is primarily due to reduced network usage and the increasing adoption of Layer 2 scaling solutions.　　Based on information provided by on-chain analytics companies, CryptoQuant and IntoTheBlock, the second-largest cryptocurrency has become the most affordable its been since December 26th, 2022.　　The pessimistic market outlook is a key factor in the notable drop in gas fees. When decentralized finance activity slows down, it results in lower gas fees, whereas increased activity often causes network congestion and a surge in fees.　　Friend.tech-like Products are Also Not Helping　　Ethereums daily transaction fees have decreased by 83% from 16,720 to 1,719 ETH, based on year-to-date data since May 5th. Even with the launch of Friend.tech on August 10, fees have stayed low, underscoring the significance of scaling solutions.　　Friend.tech has experienced substantial traction, attracting more than 100,000 users and generating $2 Million in revenue during its initial month of operation. This success indicates that the era of network congestion may be behind.　　The platform

2023-08-30Ethereum

Ethereum On-Chain Metrics Are Relatively Stable: On-chain Data

Ethereum　　Ethereum On-Chain Metrics Are Relatively Stable: On-chain Data　　43 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Santiment shared that ETHs on-chain metrics are not showing any concerning signs at the moment.　　ETHs trading volume, as well as the supply held by ETH whales, have declined drastically.　　On the other hand, development activity for ETH has not stopped increasing since the projects inception.　　On-chain metrics for Ethereum (ETH) are not showing any concerning signs at the moment, according to a Twitter post shared by the market intelligence platform Santiment earlier today. Although ETH is not showing huge signs of struggle, Santiment suggested that now might not be the most opportune time to invest in the leading altcoin.　　In terms of utility, Santiment data revealed that Vitaliks project has experienced a significant decline, with both on-chain transaction volume and trading volume showing a notable decrease since reaching their peak in early November of last year. According to the platform, this is suggestive of a lack of enthusiasm among the public.　　Santiment added that this is especially true when people can not determine whether ETHs price level of $1,650 is overestimated or underestimated. In addition to this, the platform pointed out that, for approximately four months, there has been a

2023-08-30Ethereum

Ethereum Wallets: Paano Sila Gumagana?

Ethereum　　Ethereum Wallets: Paano Sila Gumagana？　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereum is currently one of the most valuable digital assets in the world, although only six years have passed since its launch. Given its popularity, its not surprising that so many individuals want to participate in the Ethereum ecosystem. However, in order to buy and sell ETH safely, investors need to get an Ethereum wallet first.　　A digital wallet, or an e-wallet, is a computer program or an app that enables you to safely store the information required to access your ETH. While it is possible to buy Ethereum on an exchange, this can be unsafe because the platform can get hacked. A wallet is safer because it is based on a private key, giving you full control over your funds.　　Ethereum wallets　　An Ethereum wallet allows you to manage your account on the Ethereum network. This account works similarly to an email account, only that it has some balance, and you can use it for different operations like sending transactions or creating dApps and smart contracts. Ethereum wallets are available in various sizes and shapes, and their features vary. For instance, some wallets can be solely used for the purpose of

2023-08-30Ethereum

Sinisiguro ng Twitter-X ang lisensya para sa mga pagbabayad at pangangalakal ng crypto

crypto　　Sinisiguro ng Twitter-X ang lisensya para sa mga pagbabayad at pangangalakal ng crypto　　11 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Twitter-X, the rebranded social media platform formerly known as Twitter, has secured the Rhode Island Currency Transmitter License, a crucial regulatory approval that paves the way for the company to offer cryptocurrency payments and trading services in the United States.　　Social media giant expands into crypto services with new license　　The license, granted on August 28, according to data displayed on the Nationwide Multistate Licensing System (NMLS), allows Twitter-X to provide a range of virtual asset-related services. These services include the storage, transfer, and exchange of digital assets on behalf of its extensive user base.　　The Rhode Island license is particularly significant because it enables the holder to maintain control of virtual currency transactions for others, encompassing a variety of crypto-related service providers such as exchanges, wallets, and payment processors.　　Elon Musk‘s vision for Twitter-X as an ’everything app takes shape　　Since Elon Musk took the helm, Twitter-X has been undergoing significant transformations. Musk has expressed his ambition to turn the platform into an “everything app,” and the acquisition of this license is a significant step toward that goal. Prior to this, Twitter-X had already made

2023-08-30Industriya

ChatGPT Predicts Bitcoin (BTC) Bullish Prices for 2024, 2028, 2032, and 2050

Bitcoin　　Balita ng Ethereum ng Bitcoin　　ChatGPT, the renowned artificial intelligence (AI) model developed by OpenAI, has once again demonstrated its impact in the cryptocurrency sphere with its recent long-term price predictions for Bitcoin (BTC). The predictions have sparked significant interest and discussion within the crypto community, as they provide insights into potential bullish trajectories for the flagship cryptocurrency.　　Bitcoins future price projections　　In a remarkable turn of events, ChatGPTs recent predictions have shed light on its projected price ranges for Bitcoin (BTC) over the years 2024, 2028, 2032, and 2050. These projections provide a fascinating glimpse into the potential price growth of Bitcoin over the coming decades.　　Optimistic and conservative scenarios　　ChatGPT‘s predictions are divided into both optimistic and conservative scenarios, accounting for various factors that could influence BTC’s growth.　　Bitcoin price outlook for 2024　　In an optimistic scenario, ChatGPT suggests that Bitcoins price could reach heights ranging between $20,000 and an impressive $150,000 by 2024. The optimistic projection factors in continued institutional interest, mainstream adoption, and the overall positive sentiment in the crypto sphere as driving forces behind this potential price surge.　　Bitcoin price outlook for 2028　　Fast-forwarding to 2028, ChatGPT envisions the possibility of Bitcoins value soaring to levels between $20,000 and an astounding $500,000. This projection

2023-08-30Bitcoin

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