Balita sa Industriya ng Crypto at Market Trends

Ethereum Coin Rises To Try To Recapture $2,135 High

crypto Ethereum　　Ethereum Coin Rises To Try To Recapture $2,135 High　　Balita ng Ethereum ng Bitcoin　　Hul 15, 2023 sa 10:26 /Presyo　　Cryptocurrency analysts at Coinidol.com report that the price of Ethereum (ETH) has risen back above the $1,800 support level after being caught between moving average lines.　　Pagsusuri sa Longhere Term na Presyo ng Ethereum: Bullish　　The uptrend reached a high of $2,014 before reversing. On the upside, Ether has moved into an overbought region of the market. Sellers could emerge in the overbought region and drive prices lower. However, the price indicator predicts that the cryptocurrency will continue to rise.　　A retraced candlestick tested the 61.8% Fibonacci retracement level of the June 23 upswing. The retracement suggests that ETH will rise to the 1.618 Fibonacci extension or $2,128.35. Ether is currently trading below the psychological price threshold of $2,000. At the time of writing, Ether was trading at $1,991.80.　　Pagtatasa ng Indhere ng Ethereum　　At a Relative Strength Index level of 65 for period 14, Ethereum is trading in the bullish trend zone. After the price comeback, the price bars are now above the moving average lines. This will help the altcoin to go even higher. However, Ether is currently in the overbought zone on the daily

2023-07-15Ethereum

Ethereum Rejects $2000 Price Zone, Is There A New Breakthrough?

Ethereum　　Ethereum Rejects $2000 Price Zone, Is There A New Breakthrough？　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Pangunahing puntos:　　The price of Ethereum (ETH) has experienced a significant surge, reaching a three-month high of nearly $2,000. This rally comes on the heels of renewed market optimism following a U.S. court ruling on Ripple‘s XRP tokens. In this analysis, we will delve into the factors contributing to Ethereum’s price movement and explore potential implications for the future.　　The recent court ruling that XRP sales did not constitute investment contracts has ignited positive sentiment within the cryptocurrency community. This favorable ruling has generated a sense of optimism, prompting a rally across the crypto market. Ethereum, as the second-largest cryptocurrency by market capitalization, has also benefited from this sentiment shift.　　After a brief spike in April 2023, ETH has now surpassed the $2,000 mark for the first time since May. This swift price increase suggests a potential bullish trend for Ethereum, with the possibility of reaching new yearly highs in the future. The market‘s reaction to the Ripple ruling has further reinforced ETH’s positive trajectory.　　The current ETH price chart exhibits a bearish pin bar candlestick pattern, indicating rejection at the resistance level. However, despite this temporary setback,

2023-07-15Ethereum

Solana, Cardano, and Ethereum rally amid positive updates

Ethereum　　Solana, Cardano, at Ethereum rally sa gitna ng mga positibong update　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Green ba ang iyong portfolio？ Tingnan ang Solana Profit Calculator　　Solana, Cardano, and Ethereum get a boost　　Pinagmulan: Santiment　　Solana sees eight-month high　　Pinagmulan: TradingView　　Cardano sees little excitement　　Pinagmulan: TradingView　　Ethereum flashes modest price increase　　Pinagmulan: TradingView　　Short positions get liquidated　　Ilan ang halaga ng 1,10,100 ETH ngayon？　　Source: https://ambcrypto.com/solana-cardano-and-ethereum-rally-amid-positive-developments/

2023-07-15Ethereum

S&P 500 Index to reach 4,750 but likely ending the year at 4,300 – SocGen

Pananalapi　　S&P 500 Index na umabot sa 4,750 ngunit malamang na magtatapos ng taon sa 4,300 – SocGen　　Balita ng Ethereum ng Bitcoin　　Momentum will continue into the third quarter. The max analysts at Société Générale would expect is an S&P 500 of 4,750.　　Momentum mania to build further before it breaks　　Our tactical indicators also suggest a risk to the upside in Q3 before the lag effect of the rate-hiking cycle appears in early 2024 in the S&P 500.　　Momentum mania in Q3 with the S&P 500 reaching 4,750 but likely ending the year at 4,300.　　We believe the profit margin reversal, credit weakness and sharply rising recession risk will most likely be visible in 1H24, bringing the S&P 500 back to 3,800.

2023-07-15Industriya

Bitcoin Whales Sell As BTC Shows Surge Above $31,000

Bitcoin　　Ang Bitcoin Whale ay Nagbebenta Habang Nagpapakita ang BTC ng Pagtaas ng $31,000　　Balita ng Ethereum ng Bitcoin　　On-chain data shows signs that the Bitcoin whales have been selling as the cryptocurrency has observed a surge above the $31,000 level.　　The Number Of Bitcoin Whales On The Network Has Dropped Recently　　Ayon sa data mula sa on-chain analytics firm Santiment, while the whales have been selling, the smaller entities have been accumulating. The relevant indicator here is the “Supply Distribution,” which measures the total amount of addresses that belong to each wallet group on the network.　　The addresses are divided into these wallet groups based on the total number of coins that they are holding right now. The 10-100 coins group, for example, includes all addresses carrying a balance of at least 10 BTC and at most 100 BTC.　　If the Supply Distribution is applied to this particular address group, then it would add up the number of all Bitcoin addresses that satisfy this condition at the moment.　　In the context of the current discussion, there are three investor groups of interest: the fish, the dolphins/sharks, and the whales. The amount that the investors belonging to them hold increases with each of them, with whales being the

2023-07-15Industriya

Crypto Strategist Says Groundbreaking XRP Court Ruling Will ‘Breathe New Life’ Into One Ethereum Rival

crypto Ethereum　　Crypto Strategist Says Groundbreaking XRP Court Ruling Will ‘Breathe New Life’ Into One Ethereum Rival　　Balita ng Ethereum ng Bitcoin　　A widely followed crypto trader says that the XRP court ruling could ignite a huge rally for one large-cap Ethereum (ETH) rival.　　Pseudonymous analyst na si Pentoshi nagsasabi his 697,300 Twitter followers that Solana (SOL) is showing new life after breaking out of a descending triangle pattern.　　He says that Thursday‘s XRP court ruling, which said the token wasn’t a security when sold on exchanges, could keep the trend reversal going.　　Pinagmulan: Pentoshi / Twitter　　News of the XRP ruling sent Solana up from Thursdays low of $21.49 to a high of $30.05, a more than 39% increase.　　At time of writing, Solana is trading for $28.96, up more than 92% in the last 30 days.　　Solana collapsed in price when the U.S. Securities and Exchange Commission (SEC) labeled SOL and other altcoins securities in its lawsuit against Coinbase last month. But Thursday‘s ruling calls into question the SEC’s label of altcoins like SOL as securities.　　Pentoshi is also weighing in on Bitcoin, predicting a bull rally in the long term as the king crypto continues to consolidate in the range between $25,000 and $32,000　　Ang negosyante sabi ni

2023-07-14Ethereum

ADA, MATIC and ETH Are Not Securities, Suggests Analyst After Judges Ruling

Judges ruling in Ripple case is fundamental event that sets precedent for whole industry　　In a recent legal battle that shook the cryptocurrency world, a U.S. judge ruled that Ripples sales of XRP do not constitute an offer of investment contracts. This unexpected development has spurred discussions as to whether other top cryptos, such as Ethereum (ETH), Cardano (ADA) and Polygon (MATIC), could also be considered securities.　　The ruling by the U.S. District Court Judge was a significant milestone in the ongoing legal tussle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). The judge stated that while institutional sales of XRP by Ripple were deemed securities, the crypto token sold to the public may not be classified as such. This critical distinction left the door open for Ripples XRP, and by extension, potentially other cryptocurrencies, to evade the label of being a security.　　Pinagmulan: TradingView　　Following the ruling, a prominent cryptocurrency analyst suggested that if XRP is not a security, neither are ETH, ADA, MATIC and others. The analyst‘s assertion is not a legal opinion but rather an intuitive deduction based on the recent ruling. If XRP, which has been under the SEC’s scrutiny for a while, can be considered a

2023-07-14Ethereum

Celsius Founder Dumped His CEL Holdings Before Arrest, Now Fined for $4.7 Billion

Alex Mashinsky got rid of his CEL stash way before he was arrested and sued　　As the details of the recent arrest of the Celsius founder and the lawsuit of the SEC against him continue to emerge, “Smart Money” wallet tracker @lookonchain has reported that Alex Mashinsky dropped a large amount of Celsius (CEL) tokens as early as the start of the winter this year.　　In February, Mashinsky dumped all of his stash of 90,000 CEL for 48,018 USDC. After that, he moved these stablecoins to the Coinbase exchange.　　Now, the mans wallets contain as little as approximately $5,000 in cryptocurrencies.　　Former Celsius CEO Alex Mashinsky sold all 90,000 $ CEL para sa 48,018 $ USDC on Feb 11, then deposited all 48,018 $ USDC sa #Coinbase.　　Currently, 9 wallets of Alex Mashinsky only hold ~$5K in assets.　　— Lookonchain (@lookonchain) Hulyo 13, 2023　　As covered by U.Today earlier, today Mashinsky was arrested as part of the lawsuit initiated by the SEC against him and the bankrupt company Celsius, which shut down its business last year. The collapse happened after the crash of Terras coin LUNA and UST stablecoin in May.　　Celsius was then unable to deal with a massive wave of customers withdrawing their funds. Prior to

2023-07-14Industriya

DigiToads Smash New Growth Records

DigiToads record defying brilliance in its presale comes at a time when Bitcoin is overcoming some long standing obstacles to rise. An interweave between utility and an exciting meme is what has catapulted DigiToads to set new records. The blend is reminiscent of the early days of Bitcoin. The two coins continue to rouse excitement. As of this writing, the DigiToads project is on the cusp of breaking the $6 million barrier, weeks shy of its official launch on August 21, 2023. Bitcoin, on the other hand, is gaining momentum and rushing toward $35K.　　Read on to find out the intrigues behind the two exciting projects, and why they are on a good run.　　DigiToads Features Cause For Excitement and Growth　　DigiToads approach to marketing itself as a project that interweaves two key fundamentals of modern cryptocurrencies has made it an early hit among investors. The project appeals to diverse communities looking for something different that traditionally would require more than one crypto product. DigiToads meme coin appeal is what gives it credibility among meme lovers, who have so far driven its early success.　　Another powerful selling point is its utility, which is a hook for people looking for something sustainable, either for their

2023-07-14Industriya

NVDA stock breaches $450 on slowing US inflation, Recursion deal

Balita ng Ethereum ng Bitcoin　　NVDA advances above $450 to a new all-time high on Thursday.　　The AI tech leader has invested in biotech firm Recursion for drug discovery.　　NASDAQ 100 rebalancing will cause major selling of NVDA stock.　　June CPI is clearly bullish for NVDA and the general market.　　Nvidia (NVDA), the mega-tech supplier of artifical intelligence hardware and software, saw its stock rise more than 3.5% on Thursday, reaching above the psychological $450 level for the first time ever. Lower-than-expected inflation data from the US further fueled the stocks rally as it diminished chances of more aggressive tightening from the US Federal Reserve, generally a negative for the rate-sensitive stock market.　　Nvidia‘s gains came after the company announced a substantial investment into a biotech company called Recursion which is utilizing artificial intelligence (AI) on Nvidia’s platform for new-drug discovery. Additionally, SoftBank has courted Nvidia to become an anchor investor in the coming Arm IPO. Nvidia attempted to acquire Arm two years ago. The NASDAQ Composite has increased by 1% in the first half-hour of trading.　　Nvidia stock news: Recursion investment excites, but NASDAQ 100 rebalance spells selling pressure　　Nvidia announced an interesting $50 million investment in biotech firm Recursion Pharmaceuticals (RXRX) on Wednesday. The company will

2023-07-14Industriya

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