Ethereums Recovery Rally Fades As Sellers Prevent A Surge Above $1900! Here’s ETH Price’s Next Move

Ethereum  Ethereum‘s Recovery Rally Fades As Sellers Prevent A Surge Above $1900! Here’s ETH Prices Next Move  Balita ng Ethereum ng Bitcoin  Ethereums struggle to surpass the $1,900 mark is mirrored by Bitcoin, which remains unable to break past the significant $29.5K threshold. Sellers have built up a strong resistance, causing the previously promising rally to lose momentum. Despite numerous attempts, Ethereum failed to surge above $1.9K due to the intense selling pressure. As a result, the price has entered a phase of consolidation, fluctuating around a crucial price level.  Bulls Continue To Book Profit Near Higher Levels  As Ethereum struggles with the $1,900 resistance level, a noticeable trend has emerged. Bulls continue to book profits near these higher levels. This trend is a clear indication of the current market sentiment – investors are taking advantage of the price spikes to secure their gains.  Coinglass data reveals that as Ethereum‘s price approaches the $1.9K threshold, investors are quickly closing their positions. The chart indicates that when Ethereum’s price reached $1,875 on July 30th, the combined liquidation of both long and short positions surpassed $7 million. Notably, bullish investors were the primary contributors to this liquidation, closing positions worth over $5.6 million.  This profit-booking activity near the $1,900

2023-08-01Ethereum

White Hat Bot Foils $5.5 Million ETH Curve Protocol Heist

Ethereum  White Hat Bot Foils $5.5 Million ETH Curve Protocol Heist  Balita ng Ethereum ng Bitcoin  Hackers bold attempt: 2800 ETH heist intercepted.  MEV bot vs. hacker: Blockchain battle unfolds.  White-hat hackers triumph: Foiling a $5.5M ETH theft.  A hacker attempted to exploit the Curve protocol with the intention of stealing 2800 ETH, valued at $5.5 million. However, their efforts were intercepted.  Identifying a vulnerability in the Curve protocol, the hacker initiated a transaction to acquire the substantial sum. Unbeknownst to them, a MEV (Miner Extractable Value) bot operated by the white-hat hacker, coffeebabe.eth, was monitoring the situation.  For those unfamiliar, a MEV bot is software that scans the blockchain for lucrative transactions. By ‘frontrunning’ these transactions with higher gas fees, the bot ensures its own transaction gets processed first.  White hat bot strikes back  In this turn of events, the MEV bot identified the hacker‘s transaction and took swift action. It copied the transaction, substituted the hacker’s address with its own, and increased the gas fee. Consequently, the bot‘s transaction was processed ahead of the hacker’s, securing the 2800 ETH.  While this occurrence may sound concerning, it is a well-known phenomenon in the Ethereum ecosystem. The public nature of blockchain transactions allows anyone to copy a transaction and replace the

2023-08-01Ethereum

BALD price nosedives as deployer removes ETH liquidity

Ethereum  BALD price nosedives as deployer removes ETH liquidity  Balita ng Ethereum ng Bitcoin  BALD price down nearly 90% as sell-off pressure mounts  Data shows prices plummeted as meme coins deployer removed all ETH liquidity.  Bald is a token recently launched on Ethereum layer-2 blockchain Base.  Bald (BALD), a recently launched meme coin that went live on the Base blockchain, plunged on Monday as sell-off pressure mounted.  As CoinJournal reported on July 30, the price of the meme token had skyrocketed as its market cap jumped from near $0 to $70 million in hours. It continued its meteoric rise to hit a market cap of over $85 million and see multiple traders report astounding gains.  But on July 31, with market uncertainty hitting the roof around the actions of the BALD developer, the tokens price plummeted.  BALD price  According to data from CoinGecko, BALD nosedived by nearly 90% as traders reacted to the development that saw Bald‘s deployer remove millions of dollars’ worth of token liquidity. The token quickly fell from highs of $0.09 to $0.004, bleeding more than 94% from that peak.  Smart money on-chain account Lookonchain highlighted that the BALD deployer had earned $5.7 million in two days.  Ang $KALBO deployer has removed all liquidity of BALD/ETH.  He bridged 9,385 $

2023-08-01Ethereum

Sorare is no longer an Ethereum-only platform — users can now pay with fiat

Ethereum  Ang Sorare ay hindi na isang Ethereum-only na platform — ang mga user ay maaari na ngayong magbayad gamit ang fiat  Balita ng Ethereum ng Bitcoin  Sorare, a platform that infuses crypto and fantasy sports, is now offering an option for players to make purchases in the app with fiat currencies.  This new functionality follows a partnership with Mangopay, a payments infrastructure provider. With Cash Wallet, Sorares 3 million users will be able to pay not just in Ethereum but in the US dollar, the euro and the British pound, GamesBeat reported on Monday.  The French startups lineup of games has caught on the most in Europe — mainly for its NFT-based fantasy soccer game. But last year, Sorare partnered with Major League Baseball (MLB) and the National Basketball Association (NBA) in a bid to expand into the US.  Sorare CEO Nicolas Julia stressed that the platform remains a blockchain-based product, but touted fiat integration as enhancing accessibility.  “Sorare is built using blockchain technology because we believe it can deliver unique benefits to sports fans and fantasy gamers in the form of proven authenticity, scarcity, and portability,” Julia said. “The launch of Cash Wallet is key to our goal of making Sorare as simple and user-friendly

2023-08-01Ethereum

Ethereum Price Consolidates; Awaiting Potential Breakout

Ethereum  Pinagsama-sama ang Presyo ng Ethereum; Naghihintay ng Potensyal na Breakout  Balita ng Ethereum ng Bitcoin  The ETH price may have a significant breakthrough in the month of August.  A drop might begin in the ETH price if it is unable to break through the $1,875 level.  There has been hardly any upward or downward movement in the Ethereum price during the last several days. Ethereum price is following in Bitcoins footsteps. However, the ETH price may have a significant breakthrough in the upcoming month of August.  In light of Bitcoins latest decline to $29,000, the price of Ethereum has fallen back below the $1,900 threshold. But after dropping below $1,850 for a few days, the price has increased marginally again recently.  Indecisive Breakout  In the last two weeks, the price of Ethereum has generally stayed between $1,850 and $1,950. This trend of indecision seems like a range-bound consolidation that might explode into a sharp uptick or downtick at any moment.  The hourly chart also shows a breach below a major bullish trend line that was providing support at $1,870. The price has lately begun a new upswing after testing the $1,850 resistance level. A rise occurred over $1,865. Moreover, a 50% Fibonacci retracement barrier of the decline from

2023-07-31Ethereum

Whats the Return Gift From Eth?

Ethereum  Ano ang Return Gift Mula kay Eth?  Balita ng Ethereum ng Bitcoin  On July 30 2015, Ethereum was unveiled. Since then, it has given tremendous returns to its investors. As per trading view, its all-time return is 65773.95% which sounds so gigantic.  Whats Going With ETH On-chain?  According to the on-chain data on Glass Node on July 30, Ethereum had 379,497 active addresses at the price of $1862.08 per ETH. However, on Aug 09, 2015, ETH had only 731 active addresses at the price of $0.71983011, which shows the growth of crypto in these eight years. In July 2022, ETH had an on-chain volume of $84.71 Billion, which dropped to around $53.74 Billion in July 2023.  On July 30, Ethereum had a transaction count of 956,724 at the price of $1862.08. However, on Aug 09, 2015, ETH had only 1,312 transactions at the price of $0.71983011. This shows the remarkable surge in crypto transaction activity over the years. However, in July 2022, it had a monthly transaction count of 37.17 Million, which decreased to about 29.66 Million in the span of one year.  Pagsusuri sa Teknikal na Presyo ng EthereumSource By : Trading View  Ethereums price is above the 50-day and 200-day SMAs, indicating a bullish trend.

2023-07-31Ethereum

How the Fed crushed the luxury watch boom

Pananalapi  Paano dinurog ng Fed ang boom ng marangyang relo  10 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The secondary market for luxury watches has sunk to its lowest level in over two years.  The WatchCharts market index and has slumped 32% from an all-time high in March last year.  Elevated interest rates and heightened economic uncertainties are seen as sapping demand for luxury timepieces.  Since late 2022, Wall Street has been rife with predictions for the Federal Reserves interest-rate increases to wreak havoc in the US economy and stock market.  But while the broader economy has held up surprisingly well, the monetary blitzkrieg has sparked a downturn of a different kind – a rout in the secondary market for luxury watches.  The WatchCharts Overall Market Index – which tracks the prices of 60 timepieces from top brands including Rolex, Patek Philippe and Audemars Piguet – has plunged 32% from a March 2022 peak. A separate index for just Rolex models fell 27% over a similar period.  The US central banks aggressive monetary tightening over the past five quarters is seen as a key reason for the slump in watch prices. Higher interest rates have fueled fears of an economic downturn, spurring investors to scale back luxury spending and

2023-07-31Industriya

Tradecurve Stage Four Sold Out Price Pumps 150%

Tech  Tradecurve Stage Four Sold Out Price Pumps 150%  53 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Cryptocurrency markets are cooling off after last weeks gains, with Solana (SOL) going down 4.96% overnight. However, analysts are more intrigued by Tradecurve (TCRV), which has completed the Stage 5 presale phase. This significant interest hints at a potential price surge.  Gaano Kataas Kaya ang Solana (SOL) Go?  Solana (SOL), a high-performance blockchain platform, has gained considerable attention due to its scalability. In July, the Solana crypto experienced a bullish trend, with a 38% jump in the last 14 days. The projects robust ecosystem, partnerships, and successful implementation of various decentralized applications (dApps) have contributed to its positive sentiment.  The sustainability of Solana‘s bullish momentum depends on several factors. Market conditions, sentiment, and overall cryptocurrency trends can influence SOL’s price. Additionally, the platforms ability to attract new developers, expand its ecosystem, and deliver on its roadmap will be crucial in shaping its future growth.  Currently, the Solana price sits at $26.49 with a market cap of $10.6B. Nonetheless, analysts are bullish about its long-term growth potential. Thus, they predict a $36.34 price point for Solana by December 2023.  Tradecurve (TCRV): Stage Four Success and Price Surge Expectations  Tradecurve has been making significant

2023-07-31Industriya

Alibaba, silver, gold, Bitcoin, Ethereum: Mike Novogratzs ideal portfolio

Bitcoin Ethereum  Alibaba, silver, gold, Bitcoin, Ethereum: Mike Novogratzs ideal portfolio  23 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Galaxy Digital‘s founder Mike Novogratz shared what an ideal investment portfolio would look like for a young and high-risk tolerance investor during an interview with Bloomberg Wealth, saying that he’d invest in the Chinese giant Alibaba, silver, gold, Bitcoin (BTC), and Ethereum (ETH).  “If they were young and had a high-risk tolerance, I‘d be buying Alibaba stock. I’d be buying silver, gold, Bitcoin and Ethereum. Thatd be my portfolio,” he said in allusion to someone investing $100,000. For those with lower risk tolerance, he recommended allocating only 30% of a portfolio in the example, with the remaining 70% in bonds and perhaps index funds.  Novogratz‘s bullish stance on Bitcoin received a boost from BlackRock’s application for a spot Bitcoin exchange-traded fund (ETF) in June. In his opinion, the application was the biggest Bitcoin development of 2023.  “The most important thing that happened this year in Bitcoin is Larry Fink.”  “Larry was a nonbeliever. Now he says, ‘Hey, this is going to be a global currency.’ People around the world all trust it,” he commented, adding that Fink got orange-pilled. “He got ‘orange-pilled,’ as we say. ”Orange pill is

2023-07-31Ethereum

Magtatagumpay ba ang mga Hollywood Workers Laban sa AI na Kukuha ng Kanilang Trabaho?

Pananalapi  Magtatagumpay ba ang mga Hollywood Workers Laban sa AI na Kukuha ng Kanilang Trabaho?  12 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ang Screen Actors Guild (SAG-AFTRA) at ang Writers Guild of America (WGA) ay lumalaban sa Alliance of Motion Picture and Television Producers dahil sa maraming isyu, ngunit nakuha ng artificial intelligence (AI) ang limelight mula sa mga bituin at manunulat ng pelikula. Habang hinihiling ng mga manggagawa ang mas magandang kondisyon sa pagtatrabaho at patas na kabayaran, ang paggamit ng AI sa mga malikhaing proseso ay naging pangunahing punto ng pagtatalo. Ang mga unyon ay naghahangad na protektahan ang mga karapatan ng mga manggagawa at tiyakin ang pahintulot at kabayaran sa isang industriya kung saan ang kasakiman ng korporasyon at teknolohikal na pagbabago ay maaaring magbanta sa pinakabuod ng pagkamalikhain ng tao.  Sa ilalim ng backdrop ng labor strike ng Hollywood, ang industriya ng entertainment ay nakikipagbuno sa lumalaking impluwensya ng AI sa malikhaing gawain. Ang mga manunulat at aktor ay nag-aalala tungkol sa kanilang mga kabuhayan habang ang mga studio ay nag-e-explore ng AI-driven na mga solusyon upang i-streamline ang mga proseso at mabawasan ang mga gastos. Ang mga pamantayang itinakda ng mga unyon para sa paggamit ng AI ay

2023-07-31Industriya
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