Bitcoin trading activity surges during US market hours, research shows

Research findings by K33, a digital assets platform, show a pattern in bitcoin trading, with increased activity during US market hours compared to Asian and European sessions.  US market power  Despite growing concerns about regulatory uncertainties in the United States, with various crypto market participants currently locked in legal battles with the Securities and Exchange Commission (SEC), a new study by K33 shows, the country remains a force to reckon with when it comes to bitcoin trading.  Per the latest research findings, the worlds flagship cryptocurrency has shown a rise in trading activity during U.S. market hours in recent weeks.  According to the researchers, U.S. market hours have become the strongest for the price of BTC since the market bottomed in November 2022, following a challenging period from mid-February to mid-June.  Bitcoins year-to-date climb stands at 62%, with a 13% increase over the last 30 days and a 1.5% rise in the weekly timeframe, per data from Blockworks Research.  Contrasting trading activity across regions  Bitcoins behavior during U.S. hours contrasts with the relatively stable trading activity witnessed during Asian and European sessions. Since November 2022, bitcoin has seen more significant gains of 30% during US hours, compared to 21% in Asia and 17% in Europe.  This disparity indicates

2023-07-04Bitcoin

Machine learning algorithm sets Ethereum price for July 31, 2023

Ethereum  Machine learning algorithm sets Ethereum price for July 31, 2023  7 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Amid the broader market rally, the price of Ethereum (ETH) saw notable gains in recent weeks as crypto investors moved to capitalize on the ongoing hype around institutional adoption.  To obtain further insights on ETHs possible price action in the short run as the second largest asset by market cap looks to reclaim the crucial $2,000 price level, Finbold analyzed the predictions by the machine learning algorithm over on the crypto monitoring and prediction platform on July 3 to gauge insight into where it will trade by the end of the month.  Notably, the algorithm expects Ethereum to be $2,105 on July 31, 2023, which, if materialized, would represent a price surge of more than 7% from its price at the time of publication.  Ethereum price prediction for July 31. Source: PricePredictions  The projection relies on several widely-used technical analysis (TA) indicators, such as the moving average convergence divergence (MACD), Bollinger Bands (BB), and more.  Pagsusuri ng presyo ng Ethereum  At press time, ETH was trading at $1,965, up 2.58% in the past 24 hours.  Notably, the cryptocurrency gained more than 3.2% over the past month and has witnessed 15 green

2023-07-03Ethereum

Ethereum Skyrockets: Potential Surge Beyond $2,000 Unleashed!

Ethereum  Ethereum Skyrockets: Potential Surge Beyond $2,000 Unleashed!  4 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Pangunahing puntos:  Ethereums price has been performing well lately and has remained above the support zone of $1,820.   It seems that the cryptocurrency has formed a support base and has started a fresh increase above the $1,880 level, which is a positive sign for investors. In fact, it has even outperformed Bitcoin.  Recently, there was a clear move above the $1,920 resistance zone, which is another indication of the cryptocurrencys positive momentum. In addition, there was a break above a key bearish trend line with resistance near $1,925 on the hourly chart of ETH/USD, which further confirmed the bullish trend. As a result, the price even traded to a new multi-day high at $1,960 and is currently consolidating gains.  Ethereum is now showing signs that it might continue to rise towards the $2,000 resistance. It is currently trading above $1,900 and the 100-hourly Simple Moving Average, and is also above the 23.6% Fib retracement level of the upward move from the $1,889 swing low to the $1,960 high. This indicates that the cryptocurrency is in a strong position to continue its upward momentum.  If Ethereum manages to clear the $1,960 resistance

2023-07-03Ethereum

Hackers Exploit PolyNetwork Stealing Tokens Worth 403 ETH

Ethereum  Sinasamantala ng mga Hacker ang PolyNetwork na Pagnanakaw ng Token na Worth 403 ETH  Balita ng Ethereum ng Bitcoin  Lookonchain alerts on a possible attack on PolyNetwork.  The analytical platform observed a series of abnormal transactions on PolyNetwork.  Metis DAO corroborated the claims by Lookonchain.  Lookonchain, the smartmoney on-chain analytical platform, has alerted the crypto community on the likelihood of an attack on PolyNetwork. According to Lookonchain, there have been some abnormal transactions involving the sales of 94 billion SHIB for 360 ETH, 495 million COOK for 16 ETH, and 15 million RFuel for 27 ETH.  Lookonchain also tweeted that hackers transferred 1 ETH and crypto assets to new wallets, perhaps intending to sell them.  Metis DAO, a layer 2 protocol on the Ethereum network, also tweeted in corroboration of Lookonchains claims. According to Metis, it is aware of the ongoing situation with Polybridge and is in contact with the PolyNetwork team. Metis noted that it is working to minimize the impact of the attack and to further assess the situation.  At the time of Metis report, the DAO noted that regarding the newly minted BNB and BUSD on its network, there is no selling liquidity available. However, it assured followers that all funds on Metis Andromeda are

2023-07-02Ethereum

Bitcoin Cash Gained 148.00% in Last Month and is Predicted to Reach $319.85 By Jul 07, 2023

Balita ng Ethereum ng Bitcoin  Ang Bitcoin Cash ay bumaba -4.85% ngayon laban sa US Dollar  Bumaba ang BCH/BTC ng -5.30% ngayon  Bumaba ang BCH/ETH ng -4.38% ngayon  Ang Bitcoin Cash ay kasalukuyang nakikipagkalakalan ng 11.90% mas mababa sa aming hula noong Hul 07, 2023  Ang Bitcoin Cash ay nakakuha ng 148.00% sa nakaraang buwan at tumaas ng 177.00% mula noong 1 taonPresyo ng Bitcoin Cash$281.79Hula ng Bitcoin Cash$319.85DamdaminFear & Greed indexMga pangunahing antas ng suporta$279.92, $268.80, $254.39Mga pangunahing antas ng paglaban$305.46, $319.87, $330.99  Ang presyo ng BCH ay inaasahang tataas ng 13.51% sa susunod na 5 araw ayon sa aming hula sa presyo ng Bitcoin Cash  Bitcoin Cash price today is trading at $ 281.79 after losing -4.85% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -3.46% in the same time period. BCH performed poorly against BTC today and recorded a -5.30% loss against the worlds largest cryptocurrency.  Ayon sa aming hula sa presyo ng Bitcoin Cash, ang BCH ay inaasahang aabot sa presyong $319.85 pagsapit ng Hul 07, 2023. Ito ay kumakatawan sa isang 13.51% na pagtaas ng presyo para sa BCH sa susunod na 5 araw.  Tsart ng Hula ng Presyo ng BCH  Bumili/Magbenta ng Bitcoin

2023-07-02Industriya

Litecoin Closes In on Bitcoin in Terms of Daily Transactions, According to Crypto Analytics Firm IntoTheBlock

Bitcoin crypto  Litecoin Closes In on Bitcoin in Terms of Daily Transactions, According to Crypto Analytics Firm IntoTheBlock  50 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Litecoin‘s (LTC) price is on the rise as closes an ’exciting second quarter, according to the crypto analytics firm IntoTheBlock.  LTC is trading at Litecoin is trading at $105.56 at time of writing and is up more than 24% in the past 24 hours.  The 10th-ranked crypto asset by market cap is also up more than 50% since the start of the year.  Sa Loob mga tala that the peer-to-peer payments network came close to the number of daily Bitcoin (BTC) transactions for the entire month of May and also processed more than 500,000 daily transactions for the first time this quarter.  Litecoins strong quarter materialized as it approaches its halving, an event that occurs every four years when the block reward for mining LTC is cut in half. This reduces the supply of Litecoin and could lead to an increase in price.  Litecoinblockhalf.com notes that the upcoming halving is currently projected to happen on August 2nd, though that date is subject to change.  Meanwhile, trader Peter Brandt tells his 697,300 Twitter followers that Litecoin has taken out a major resistance level that

2023-07-02Bitcoin

Julys Big Reason for Bitcoins (BTC) Continued Rise, Revealed by Santiment

Bitcoin  July‘s Big Reason for Bitcoin’s (BTC) Continued Rise, Revealed by Santiment  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Talaan ng mga Nilalaman  Bitcoin exchange moves $345,262,395 from Coinbase to cold wallets  Santiment, an on-chain data company, stated in a tweet that it is possible that Bitcoins price will continue to rise this month, and that other cryptocurrencies may follow suit. The requirement for key crypto holders to continue purchasing the flagship digital currency, Bitcoin, makes this feasible. As the news of the Fidelity-led refiling of the Bitcoin ETF spread, the Santiment team tweeted that cryptocurrency whales and sharks had accumulated a “big chunk” of Bitcoin over the past two weeks. According to Santiment, they have collectively purchased 154,500 BTC in the past seven weeks. Presently, wallets holding somewhere in the range of 10 and 10,000 BTC hold 13 million Bitcoins — that is 67% of the stock available for use. There are just 21 million BTC that can be extricated and in excess of 19 million have proactively been mined at this point.  Bitcoin exchange moves $345,262,395 from Coinbase to cold wallets  As announced by crypto tracker Whale Ready, around five hours prior, unknown wallets moved approximately 21,700 BTC from the Coinbase trade to cold

2023-07-02Bitcoin

Vitalik Buterin Says He Only Stakes a ‘Fairly Small Portion’ of His Ethereum (ETH)

Ethereum  Vitalik Buterin Says He Only Stakes a ‘Fairly Small Portion’ of His Ethereum (ETH)  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Vitalik Buterin says that hes not ready to stake a large part of his Ethereum (ETH) holdings due to the current infrastructure built around the service.  In a recent interview with the Bankless Podcast, the Ethereum founder says hes still concerned about staking a large part of his ETH trove due to security reasons.  Cardano (ADA) creator Charles Hoskinson, who worked with Buterin on the early stages of Ethereum, sabi ni on Twitter he was speechless about the ETH founders staking comments.  Buterin also made headlines this week when he was asked on Twitter about his opinions on the US regulatory approach to crypto.  In lawsuits launched against top crypto exchanges Binance and Coinbase in June, the U.S. Securities and Exchange Commission (SEC) listed numerous tokens it considers “crypto asset securities,” including the Cardano and fellow Ethereum competitor Solana (SOL), as well as the blockchain scaling solution Polygon (MATIC).  Ethereum, however, wasn‘t listed as a security, and Buterin sabi ni it’s not right that his competitors are dealing with those issues.

2023-07-02Ethereum

BTC, ETH and BNB Price Analysis for July 1

Imahe sa pamamagitan ng TradingView  On the daily chart, the rate of Bitcoin (BTC) is trading in the middle of the channel between the support at $29,600 and the resistance at $31,458.  At the moment, traders should pay attention to the nearest zone of $31,000. If the price can fix above it, one can expect a blast to the $32,000 area and above.  Ang Bitcoin ay nakikipagkalakalan sa $ 30,608 sa oras ng pagpindot.  ETH / USD  Ethereum (ETH) has not followed the correction of Bitcoin (BTC), rising by 1.42%.  Imahe sa pamamagitan ng TradingView  From the technical point of view, the rate of Ethereum (ETH) is trying to break the last resistance before a test of the $2,000 zone. If buyers manage to close the bar above the $1,935 mark, one can expect a sharp upward move to the $2,050-$2,100 area.  Ang Ethereum ay nakikipagkalakalan sa $ 1,928 sa oras ng pagpindot.  BNB / USD  The rate of Binance Coin (BNB) has also increased by 1.23% since yesterday.

2023-07-01Ethereum

Solana (SOL) Outshines Ethereum in This Key Metric: Details

Ethereum  Solana (SOL) Outshines Ethereum in This Key Metric: Details  4 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Godfrey Benjamin  Solana trails Ethereum in most key metrics, but it recently surpassed latter in terms of NFT trading volume  Nilalaman  Comparing Solana and Ethereum ecosystems  Obvious similarity  Many Ethereum killers are seeing impressive growth in key aspects of their ecosystem, and Solana (SOL) is notably not left behind. In a remarkable twist, Solana has taken the center stage as it relates to the overall trading volume of its non-fungible tokens (NFTs) when kumpara to that of Ethereum.  Per the data embedded in the screenshot shared by Sol Bulletin, Solanas NFT trading volume topped $25.5 million in a 24 hour range while that of Ethereum was pegged at $24.5 million. Notably, this bullish growth milestone is the first time Solana will be beating Ethereum in terms of total NFT trading volume.  Comparing Solana and Ethereum ecosystems  As Layer-1 blockchain protocols, the duo of Ethereum and Solana both have decentralized finance (DeFi) ecosystems. While Solana has a notable functional DeFi ecosystem, it is by no means a match for Ethereum.  Data from DefiLlama pegs the total value locked (TVL) on Ethereum at $26.7 billion, a figure that surpasses more than half of the entire industry

2023-07-01Ethereum
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