Balita sa Industriya ng Crypto at Market Trends

US CPI Inflation Comes In At 3.2%, Bitcoin And Ethereum Price To Rally

Bitcoin Ethereum　　US CPI Inflation Comes In At 3.2%, Bitcoin And Ethereum Price To Rally　　30 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ang annual CPI inflation for the month of July comes in at 3.2% against market expectations of 3.3%, according to the US Statistics ng Labor Statistics. Bilang karagdagan, ang Core CPI inflation papasok sa 4.7% against market expectation of 4.8%, with the monthly rate also remaining at 0.2%.　　The annual inflation data coming in hotter than last months 3% gives room for the US Federal Reserve to remain hawkish. The stock and crypto markets will have to wait a few more months for a pivot.　　JP Morgan predicted a CPI inflation of 3.4%. Whereas, other Wall Street giants such as Goldman Sachs, Barclays, HSBC, and UBS estimated 3.2%. BMO, Bloomberg, Citigroup, Credit Suisse, Morgan Stanley, and Visa forecasted inflation to come in line at 3.3%.　　The headline inflation falling below 3% could have brought further upside move in the stocks and crypto markets. In fact, the CME FedWatchTool now shows more than 90% probability of the Fed keeping the Federal target rate steady at the upcoming Federal Open Market Committee (FOMC) meeting in September 2023. The US Dollar Index (DXY) fell 0.63% to

2023-08-10Ethereum

Ethereum (ETH) Signals Bullish: Pump Coming Soon?

Ethereum　　Ethereum (ETH) Signals Bullish: Pump Coming Soon？　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereum (ETH) has surged by 55% since the start of 2023, contributing to the markets rebound.　　Ethereum consolidates around the $1800 mark, with attempts to breach the $1900 resistance level.　　Bullish sentiment is evident with Ethereums position above the 50-day EMA.　　The global cryptocurrency market is currently experiencing a recovery, largely attributed to XRP‘s reclassification as a non-security in Ripple’s partial victory against the SEC. Additionally, Ethereum (ETH), the second-largest cryptocurrency, has witnessed a significant rally of over 55% since the beginning of 2023.　　The digital currency has managed to stage a notable recovery, moving from its previous range of around $1,500 to the $2,000 range, marking a 34% increase in a month. Similarly, after breaching $1,685, the price of ETH has continued to consolidate around the $1,800 mark. This strong surge in the price of Ethereum has caught the attention of investors, bolstering market sentiment.　　Despite its recent rally, Ethereum has struggled to surpass the $1,900 mark, experiencing a 9% decline from its recent peak of $2,022, which was recorded on July 13. This downward trend has led to a 5% drop in trading volume, which now hovers at $5.5 billion.　　Analyzing

2023-08-10Ethereum

y00ts NFT Project Announces Migration To Ethereum For Increased Growth

Ethereum NFT　　y00ts NFT Project Announces Migration To Ethereum For Increased Growth　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The NFT project y00ts once again anunsyado the migration. This time, the destination is Ethereum and fully returned the $3 million previously provided by Polygon. It has announced a migration from Solana to Polygon in the first half of this year.　　NFT project y00ts recently announced their decision to migrate from Solana to Ethereum. This comes after their previous migration from Ethereum to Solana. In addition, they have fully returned the $3 million previously provided by Polygon.　　According to y00ts, all of the grant funds will be re-deployed for NFT ecosystem growth to empower builders and creators. Despite the migration, y00ts still holds Polygon in high regard and aims to unite the DeGods & y00ts communities. The exact date of the migration is yet to be announced.　　Ethereum has been a popular platform for NFT projects for quite some time. Despite competing blockchain networks, Ethereum remains the frontrunner due to its robust security and data design, with NFT applications operating on it as ERC-721 tokens. Additionally, the Ethereum blockchain provides significant exposure to a large and emerging industry.　　NFTs were born on the Ethereum blockchain, so they

2023-08-10Ethereum

Ethereum, Optimism, at VC Spectra: Pagsusuri ng Mga Kasalukuyang Presyo at Mga Prospect sa Hinaharap

Ethereum　　Ethereum, Optimism, at VC Spectra: Pagsusuri ng Mga Kasalukuyang Presyo at Mga Prospect sa Hinaharap　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Despite Optimism (OP) being Ethereum‘s layer-2, it’s gaining more value traction. Still, Ethereum (ETH) continuously thrives on new collaborations to maintain its superiority.　　In the midst of these two altcoins is VC Spectra (SPCT). While little known, this will soon change as more investors come on board to receive unparalleled returns.　　Lets look at the current and future prices for each project.　　Paypal To Launch An Ethereum-Minted USD Stablecoin　　PayPal has launched its own dollar-backed stablecoin PYUSD using the Ethereum (ETH) network. Understandably, this revelation should give a much-needed boost to the stablecoin growth on Ethereum.　　On the flip side, the ETH locked on Ethereum clocked a fresh all-time 27 milyong high, according to Glassnode. Despite a yield reduction, this is a 40% jump since April 2023.　　Ethereum (ETH) is worth $ 1828, pababa 10% pagkatapos tamaan $ 2028. Most Ethereum (ETH) predictions lean toward a realistic price between $ 2000-$ 2500 when 2024 begins.　　Now lets look at the latest news for Optimism (OP).　　Optimism (OP) On A High As Coinbase Is Set To Use OP Stack To Launch New Blockchain　　Optimism (OP) has been the fortunate

2023-08-10Ethereum

Ang Presyo ng Ethereum ay Nagpi-print ng Bullish na Teknikal na Pattern, Bakit Kritikal ang Paglapit sa Lampas sa $1,880

Ethereum　　Ang Presyo ng Ethereum ay Nagpi-print ng Bullish na Teknikal na Pattern, Bakit Kritikal ang Paglapit sa Lampas sa $1,880　　24 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ang Ethereum ay nahaharap sa malaking pagtutol malapit sa $1,875 at $1,880.　　Ang presyo ay nakikipagkalakalan sa itaas ng $1,830 at ang 100-oras na Simple Moving Average.　　There is a bullish flag pattern forming with resistance near $1,860 on the hourly chart of ETH/USD (data feed via Kraken).　　Ang pares ay maaaring makakuha ng bullish momentum kung aalisin nito ang $1,860 at $1,880 na antas ng paglaban.　　Ang Presyo ng Ethereum ay May Suporta　　Ethereums price started a decent increase from the $1,800 zone. ETH climbed above the $1,850 and $1,860 levels. However, the bears are still active near $1,880, similar to Bitcoin.　　A high was formed near $1,876 and the price saw a downside correction. There was a move below the $1,860 level. The price declined below the 23.6% Fib retracement level of the upward move from the $1,800 swing low to the $1,876 high.　　Ether is now trading above $1,830 and the 100-hourly Simple Moving Average. There is also a bullish flag pattern forming with resistance near $1,860 on the hourly chart of ETH/USD.　　Pinagmulan: ETHUSD sa TradingView.com　　On the upside,

2023-08-10Ethereum

ETH Trading Skyrockets, Borroe Presale Beckon High Profit

Ethereum　　ETH Trading Skyrockets, Borroe Presale Beckon High Profit　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　As Ethereum trading volume skyrockets, the highly anticipated Borroe ($ROE) presale emerges as a lucrative opportunity for high-profit seekers in the Web3 space.　　Borroe ($ROE): The New Gem　　As crypto investors stack up altcoins in anticipation of the upcoming bull run, a groundbreaking project, Borroe ($ROE), has captured the attention of investors, drawing high-profit seekers to a unique marketplace built on the pillars of innovation and transparency.　　The Borroe presale is live, and investors are flocking to secure their share of $ROE, the projects native token. Stage One of the presale has already commenced, with the token priced at $0.0125 per ROE. The initial beta stage was sold out at $0.01 per token, setting the stage for further stages (Stage 2 to Stage 7) that promise even greater profit opportunities.　　Borroe‘s marketplace stands out as a beacon of strength and trust within the Web3 community. With a robust team behind the project, investors are confident in the platform’s potential to revolutionize how businesses access funding in the digital era. The teams vision and dedication drive the project forward, providing a seamless experience for businesses seeking financial support.　　Backed by innovative AI

2023-08-10Ethereum

The price of Bitcoin and Ethereum

Bitcoin Ethereum　　The price of Bitcoin and Ethereum　　Balita ng Ethereum ng Bitcoin　　Both Bitcoin and Ethereum price rose slightly yesterday.　　Right now BTC is at +2.3% from yesterday, and at +1.2% from a week ago, while ETH is at +1.8% from yesterday, and at +0.3% from a week ago.　　In other words, the slight losses of the past few days have been recovered.　　Bitcoin price: comparison with Ethereum　　Last night the price of Bitcoin briefly returned to $30,000.　　This is the key level around which it has been oscillating for more than a month and a half now.　　Truth be told, since the annual highs of 13 July, near $32,000, it has practically done nothing but fall, so much so that on 24 July it had even fallen below $29,000.　　Until yesterday it had continued to fluctuate just below $30,000, with brief excursions below $29,000 as well, but yesterday it seems to have broken this trend of downward lateralization.　　However, it is not certain that an uptrend has been triggered, although the hypothesis cannot be ruled out at all.　　The fact is that Bitcoins price volatility is at lows, and in such cases it often breaks out with significant movements sooner or later.　　Whats more, July historically has often been a month

2023-08-10Bitcoin

Crypto Analyst on Twitter Slams ETH “Flippening” Speculations

crypto Ethereum　　Crypto Analyst on Twitter Slams ETH “Flippening” Speculations　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Benjamin Cowen slams ETH “Flippening” narratives passed around since the Merge.　　The crypto analyst calls the narrative fun but continues that price action is king.　　Both BTC and ETH posted their all-time highs in 2021 but have struggled to replicate the performance since then.　　Crypto analyst Benjamin Cowen slams the long-time narrative that ETH will someday flip BTC as the top-ranking cryptocurrency. In a Twitter post, he says that the “Flippening” narrative gets passed around a lot, more so following the merge.　　The merge, a historic event in the journey of the Ethereum blockchain, transitioned the blockchain from a proof-of-work to a proof-of-stake blockchain. However, before the event in September, many ETH maxis believed the merge could be a positive catalyst for ETH to topple BTC.　　Benjamin said that since the merge, ETH has posted lower highs and lower lows. The analyst added that “narratives are fun, price action is king.”　　ETH, the second largest cryptocurrency by price and market cap, recorded its highest-ever price of $4,141 on May 10, 2021. Since then, the cryptocurrency, like most others, has struggled to hit such performance again. Worse, the crypto winter further added

2023-08-09Ethereum

Ano ang Kahulugan ng Stablecoin ng PayPal sa Ethereum para sa Crypto?

crypto Ethereum　　Ano ang Kahulugan ng Stablecoin ng PayPal sa Ethereum para sa Crypto？　　Balita ng Ethereum ng Bitcoin　　PayPal has long been interested in the evolving crypto landscape, but with its recent stablecoin announcement, the payments giant is taking its involvement to the next level.　　PayPal, one of the worlds largest online payment systems, has introduced its own stablecoin, called PayPal USD (PYUSD). The ERC-20 stablecoin will be pegged by the “dollar deposits, US treasuries, and cash equivalents.” Upon the rollout, PYUSD is set to launch on Ethereum and is worth $1.　　PayPals Stablecoin Could be Huge　　The stablecoin is a collaborative effort of PayPal and Paxos to revolutionize the digital payment landscape and Web3. According to PayPal, it is designed to be compatible with popular exchanges, Web3 apps, and wallets.　　Users can register for the initial $PYUSD distribution by connecting their crypto wallets, such as MetaMask, Ronin Wallet, Coinbase, and Ledger Live.　　Users can buy, sell, send, and receive PayPal USD in the app or on the website with zero transaction fee. PayPal also enables customers to convert the stablecoin into other cryptos for a fee.　　In the initial phase, buying, selling, holding, and transferring PYUSD are accessible exclusively to eligible US PayPal Balance accounts. But there

2023-08-09Ethereum

Bakit maaaring nasa card ang isang Ethereum ETF

The success of these developments signaled the growing acceptance of cryptocurrencies in mainstream finance. For a while, the ecosystem has been evolving and converging with traditional financial systems.　　PYUSD fails to impact the market　　“I think the SEC, if its going to approve a Bitcoin ETF, will approve more than one at once.”　　A good day for stablecoins？　　Pinagmulan: CoinMarketCap　　AMBCrypto spoke to Harman Singh, Director at Cyphere, a security firm whose mission is to protect the digital assets of investors in the UK and the U.S. about the matter. Singh opined that PYUSD was a good move for the ecosystem, noting,　　“This move could also encourage other major companies to follow suit, consequently driving further growth and acceptance of digital currencies. Additionally, the introduction of a PayPal stablecoin could enhance the usability and accessibility of cryptocurrencies for everyday transactions.”　　Pinagmulan: DEX Screener　　Opening the way for Ethereum ETF approval　　“Time will tell. But if we get spot Bitcoin ETFs AND Ether futures ETFs, it would only be a matter of time before spot Ether. Absolute utter soonest would be ~260 days from Eth futures launch if i had to guess. All becomes irrelevant if spot btc dont launch or eth futures dont launch or if SEC files a

2023-08-09Ethereum

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