Whales Are Accumulating Ethereum (ETH), PancakeSwap (CAKE), and Uwerx (WERX)

Ethereum  Whales Are Accumulating Ethereum (ETH), PancakeSwap (CAKE), and Uwerx (WERX)  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Whales understand market cycles better than average investors. Whales know that the bear market represents the best time to buy assets. On-chain data shows that whales have been busy scooping up discounted projects and have specifically targeted three projects: Ethereum (ETH), PancakeSwap (CAKE), and Uwerx. Why have whales been buying these projects en masse?  Ethereum (ETH)  Ethereum (ETH) is an established blue-chip project representing a natural target for whales. Ethereum (ETH) has occupied the second spot for years, and many believe that Ethereum (ETH) will retain this position. Whales believe buying Ethereum (ETH) at its current price will be profitably long-term. Ethereums (ETH) transition to proof of stake cut the issuance of Ethereum (ETH) to miners drastically and combined with EIP-1559, Ethereum (ETH) has totally different tokenomics. This newer deflationary approach certainly seems popular amongst whales.  Pancake Swap (CAKE)  Anonymous developers launched PancakeSwap (CAKE) in 2020, and PancakeSwap (CAKE) rapidly became one of DeFis most popular decentralized exchanges (DEXs). PancakeSwap (CAKE) provides hundreds of opportunities for investors to earn passive income through yield farming.  Despite a depressed valuation of PancakeSwap (CAKE), many whales are buying and locking the token

2023-04-14Ethereum

Ethereum price surpasses $2,100 following the Shapella upgrade 

Ethereum  Ethereum price surpasses $2,100 following the Shapella upgrade  28 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  magbahagi  The price of ether (ETH) has surpassed the $2,100 region for the first time in many months. Ethereums Shapella upgrade went live on April 12, enabling over $1 billion worth of staked ETH withdrawals, yet the price of ether continues to scream higher.  After several months of planning, the much-anticipated Ethereum Shapella upgrade successfully went live on April 12, ushering in various network improvements while enabling the withdrawal of staked ETH.  Despite initial fears that enabling withdrawals of ETH tokens locked up in the chain since the last merge event that marked the transition of Vitalik Buterin‘s Ethereum into a proof-of-stake (PoS)-based blockchain would trigger a massive crash in the price of the world’s second-largest cryptocurrency, the reverse has been the case.  ethereum (ETH) 24-hour chart. Source| CoinGecko  While the global banking crisis has triggered a solid bullish momentum across the crypto markets since last month, ETH has emerged as one of the standout performers this month, with a price increase of 23.5% in the past 30 days.  When filing this report, ether (ETH) is exchanging hands for $2,110, representing a 6.7% increase in the last 24 hours. However, despite the

2023-04-14Ethereum

Top Crypto Trader Says One Ethereum-Based Altcoin To Explode 200–300%, Updates Outlook on Dogecoin and Solana

crypto Ethereum  Top Crypto Trader Says One Ethereum-Based Altcoin To Explode 200–300%, Updates Outlook on Dogecoin and Solana  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  A pseudonymous crypto trader says one Ethereum (ETH)-based altcoin is poised for an explosive surge while updating his outlook on Dogecoin (DOGE) and Solana (SOL).  Altcoin Sherpa tells his 10,900 YouTube subscribers in a new strategy session that the decentralized oracle network Chainlink (LINK) could shoot up by as much as 300% from its current price range of $7.61.  He says LINK has remained in an accumulation phase for nearly a year and at some point will make a break to the upside. However, he says it may take months.  Next, the trader predicts DOGE will see continued surges and retraces, such as what occurred earlier this month when tech billionaire Elon Musk switched the Twitter logo with the DOGE logo.  DOGE is worth $0.0886 at time of writing, up 6.2% at time of writing.  Lastly, the crypto trader says Solanas fundamentals appear strong. He predicts a pullback to the low $20s from its current price of $24.75, before breaking higher to around $32.

2023-04-14Ethereum

Ethereum (ETH) Surges as Arthur Hayes Declares Altcoin Season

crypto Ethereum  Ethereum (ETH) Surges as Arthur Hayes Declares Altcoin Season  20 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Alex Dovbnya  Arthur Hayes, former BitMEX CEO, recently sparked excitement among crypto enthusiasts as he declared beginning of new altcoin season on Twitter  Arthur Hayes, former CEO of BitMEX, recently took to Twitter to magpahayag the beginning of another altcoin season. “Allow me to reintroduce myself. My name is ALTSZN!!!” he tweeted.  This came after Ethereum (ETH) experienced a surge in price. The top altcoin peaked at $2,130 on the Bitstamp exchange earlier today.  As reported by U.Today, the Bitcoin (BTC) competitor surpasses $2,000, driven by the successful Shapella upgrade and an unexpected drop in PPI inflation.  The altcoin market saw significant gains over the past 24 hours, with ETH up by 9.4%, Binances BNB increasing by 4.4%, Cardano (ADA) rising by 9.2% and Dogecoin (DOGE) adding 9.%.  In another tweet, Hayes shared a photo taken at Victoria Peak, a hill on the western half of Hong Kong Island, with the caption: “With the help of Lord Satoshi, I climbed the peak and threw the bears off the mountain top so that they may experience the wrath of the green doji.”  It conveys Hayes‘ optimism about the cryptocurrency market’s positive momentum,

2023-04-14Ethereum

This Ethereum Staking Token Shot up 20% In Just 12H

Ethereum  Ang Ethereum Staking Token na ito ay tumaas ng 20% Sa loob lamang ng 12H  24 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Rocket Pool holds 2.44% of the contributors of Ethereum Staking.   At press time, Ethereums price oscillated between $2,115 and $2,130.  A subunit of Coinbase is a part of Rocket Pools Oracle DAO.  Post the Ethereum Shanghai Upgrade, the second-largest cryptocurrency crossed the $2,100 level. Amid this ETH hustle, RPL, the native DeFi token of the Ethereum staking protocol Rocket Pool, spiked 20% in just 12 hours.  According to data from TradingView, the RPL/USDT spot hit $53.95 on the largest crypto exchange Binance at 03:59 UTC.  Notably, Rocket Pool holds a prominent record related to Ethereum staking. As per the on-chain data from Nansen, 2.44% of the ETH depositors who staked their Ether on the Beacon Chain are wired through this staking protocol. Lido Finance dominated the share with 31.2% of depositors. While the metrics also highlighted the dominance of Kraken (7.01%), Binance (5.66%), and Coinbase (12.7%).  From the above chart, it can be seen that the price action of RPL hovered above the 50-day moving average (50MA). Thus, it points to the token‘s current bullish state. Also, at the time of analysis, the chart

2023-04-14Ethereum

Ethereum Tops $2,100 After 10% Rally and Staking Tug of War

Ethereum  Ethereum Tops $2,100 After 10% Rally and Staking Tug of War  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum is on fire today, surging more than 10% to tap its highest price for almost a year. Meanwhile, ETH staking withdrawals are not having any negative impact on the market.  Market sentiment for Ethereum has turned bullish as the asset topped the psychological $2,000 barrier.  A successful Shapella upgrade this week has driven momentum for ETH, which has climbed to an eleven-month high.  At the time of writing, ETH was changing hands for $2,115 following a 24-hour surge of 10.4%. Furthermore, it has outperformed Bitcoin, which only added 2% on the day.  As a result, Ethereums market dominance has increased to just under 20% at the expense of Bitcoin.  ETH/USD 1 month – BeInCrypto  Earlier this week, BeInCrypto predicted that there would not be a major sell-off after Shapella.  Staked Ethereum Withdrawals Update  According to industry analyst Colin Wu, almost 240,000 ETH had been withdrawn 30 hours after the upgrade. However, around 100,000 ETH has been deposited, meaning that the net staking balance is -139,000, valued at around $277 million.  Around 1.07 million ETH valued at roughly $2.26 billion was pending withdrawal, according to Token Unlocks.  Wu kilala that 63% of this

2023-04-14Ethereum

Ether price tops $2,100 as Ethereums pending withdrawals hit $2.2 billion

Ethereum  Ether price tops $2,100 as Ethereums pending withdrawals hit $2.2 billion  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The price of Ethereums native coin, ether, is up roughly 10% over the past 24 hours and is trading above $2100 on various crypto exchanges.  At the same time, the total amount of ether (including rewards) that has been confirmed to withdraw — meaning its status changed to 0x01 — has surpassed $2 billion. As of 1 a.m. EDT, 1.07 million ETH, worth $2.27 billion, is pending withdrawal, per data tracking application tokens.unlock.  Over the next 11 hours, an estimated 53,050 ether, totalling $111.81 million, is slated to be withdrawn — creating an average of $223.54 million ETH withdrawn daily.  Ethereum staking withdrawals vs. deposits  17.39 million ether (excluding earned rewards) remains deposited — worth $36.54 billion. This deposited ETH accounts for 15.42% of the total supply.  The net staking balance yesterday — calculated by subtracting the total amount of ether withdrawn from the total amount of Ether deposited — is actually positive. Partial withdrawals amount to 14,300 and deposits amount to 18,370. This means that some 4,070 more ETH was deposited than withdrawn.  The net staking balance since the Shapella hard fork went live is nearly -140,000. Withdrawn

2023-04-14Ethereum

Peter Brandt Predicts Bitcoin Price At $40000, ETH Jumps 10%

Bitcoin Ethereum  Peter Brandt Predicts Bitcoin Price At $40000, ETH Jumps 10%  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Maalamat na mangangalakal Peter Brandt suggests investors to go long on Bitcoin as BTC price stabilizes over the $30,000 psychological level amid positive sentiment in the broader crypto market. The second largest cryptocurrency Ethereum (ETH) surges over 10%, continuing upside momentum after the Shanghai (Shapella) upgrade.  Peter Brandt in a tiririt on April 14 revealed that he is bullish on Bitcoin, Nasdaq, Gold vs YPY, London Cocoa, and Gold. He recommends to long Bitcoin and predicts a BTC price target of $ 40,000.  In the weekly timeframe, Bitcoin price pattern indicates strong possibilities of hitting $40,000, with strong support at $29,190 and $25, 288.  CoinGape Media first reported Bitcoin price hitting $30,000 this week, with experts predicting strong possibilities of hitting $35,000. In the last 24 hours, BTC price has soared over 2% to hit a high of $30,874. The price is currently trading at $30,724.  30,500 BTC options with a notional value of $0.93 billion are set to expire today, with a Put Call Ratio of 0.99.  The max pain point for Bitcoin price is $29,000. In addition, 260,500 ETH options with a notional value of $5.5

2023-04-14Ethereum

Ethereum Shapella Upgrade Goes Live, But Price Stays Steady, Why?

Ethereum  Naging Live ang Pag-upgrade ng Ethereum Shapella, Ngunit Nananatiling Panay ang Presyo, Bakit?  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum Shapella Upgrade went live on April 12 at 6:30 ET.  Unexpectedly, the ETH price has risen by 2.38% in the last 24 hours.  The Ethereum Shapella Upgrade went live, seeing a mere hike of 2.38%, which goes beyond the unexpected. On April 12, the Ethereum networks hard fork took place, allowing the stakers to finally un-stake ETH. Rumors were circulating that this could bring the price down due to added selling pressure, but the price more-or-less remained relatively stable.  The Effect of Shapella Upgrade on its Price Action  When writing ETH was trading at $1,915.81 after a jump of 2.38%, its value against Bitcoin gained 2.09% to 0.0637BTC, its market cap hiked by 2.38% to $230 Billion, and the trading volume increased by 28.34% to $11.05 Billion.  Compared to the last hard fork, Ethereum Merge dropped on September 15, there was a drop of almost 10%, and then it went into consolidation for weeks.  Source: Ethereum/US Dollar; TradingView  The relative stability of the ETH price point after the Ethereum Shapella Upgrade was not expected. Traders generally tend to buy in a major event that could impact the

2023-04-14Ethereum

BTC, ETH, XRP, ADA and BNB Price Analysis for April 13

Bitcoin Ethereum  Pagsusuri sa Presyo ng BTC, ETH, XRP, ADA at BNB para sa Abril 13  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Buyers have turned out to be more powerful than buyers today, according to the CoinMarketCap ranking.  BTC / USD  Ang rate ng Bitcoin (BTC) ay tumaas ng 1.64% sa nakalipas na 24 na oras.  On the daily chart, the rate of Bitcoin (BTC) has set a new local peak at $30,614. At the moment, traders should pay attention to the closest resistance level at $30,575. If the closure happens near it, growth may continue to the $31,000 zone.  Ang Bitcoin ay nakikipagkalakalan sa $ 30,369 sa oras ng pagpindot.  ETH / USD  Ethereum (ETH) is more of a gainer than Bitcoin (BTC), going up by 4.32%.  On the daily time frame, the rate of Ethereum (ETH) has broken the resistance at $1,942. Currently, one should focus on the closure. If it happens near the $2,000 mark, the energy is supposed to be enough for a continued upward move to the $2,100 zone.  Ang Ethereum ay nakikipagkalakalan sa $ 1,994 sa oras ng pagpindot.  XRP / USD  XRP is less of a gainer than Ethereum (ETH), rising by 1.19%.  A slight rise of XRP has not affected the general technical position

2023-04-14Ethereum
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