ETH could see a small bounce from $1180, but can traders expect an uptrend

Ethereum  ETH could see a small bounce from $1180, but can traders expect an uptrend  12 / 19 / 2022  Balita ng Ethereum ng Bitcoin  Ethereum shed nearly 14% in three days last week to drop from $1355 to $1166. Bitcoin also held on to a level of support at $16.6k over the weekend. Lower timeframe traders can look to trade a breakout in either direction.  Basahin Prediction ng [ETH] ng Ethereum 2023-24  It was not yet clear in which direction ETH could be headed. The bullish case was more likely, but traders must plan for a plunge beneath $1155 as well. Even in a bullish scenario, there was significant resistance once again at the $1350 belt.  Ethereum slips beneath the mid-range but there is hope yet for bulls  Pinagmulan: ETH / USDT sa TradingView  Ethereum has traded within a range since 10 November. This range extended from the low at $1073 to the high at $1348, with the mid-point at $1211. The mid-point also has confluence with a horizontal level of support at $1217. At the time of writing, ETH was trading beneath both these levels.  However, it has some support from the bullish order block formed on the daily timeframe late in November. The lower band of the

2022-12-20Ethereum

PayPal Partners With Crypto Firm ConsenSys To Create Convenient Way To Buy Ethereum (ETH)

crypto Ethereum  PayPal Partners With Crypto Firm ConsenSys To Create Convenient Way To Buy Ethereum (ETH)  12 / 19 / 2022  Balita ng Ethereum ng Bitcoin  Crypto firm ConsenSys is announcing a new partnership with payments giant PayPal to create a convenient way for investors to purchase Ethereum (ETH).  According to a recent company announcement, MetaMask, the popular crypto wallet developed by the Ethereum software company, will pagsamahin PayPal into its platform to provide investors in the US with an easy way to buy the leading smart contract platform.  To use PayPal within MetaMask, users have to login, tap on the “buy” button, select PayPal and then enter the amount of ETH theyd like to purchase or send.  According to Lorenzo Santos, MetaMasks product manager, the wallet also allows users to explore and interact with Web3 applications, including non-fungible token (NFT) marketplaces, blockchain-based games and decentralized finance (DeFi) applications.  Says Santos,  ConsenSys says that the new feature will initially only be available to select customers in the US, but it plans to roll out the service nationwide within a few weeks.  Pagtanggi: Ang mga opinyon na ipinahayag sa The Daily Hodl ay hindi payo sa pamumuhunan. Dapat gawin ng mga namumuhunan ang kanilang nararapat na pagsusumikap bago gumawa ng anumang

2022-12-20Ethereum

Ethereum’s Vitalik Buterin Names Three ‘Huge Opportunities’ in Crypto Right Now

crypto Ethereum  Ethereum‘s Vitalik Buterin Names Three ’Huge Opportunities in Crypto Right Now  12 / 19 / 2022  Balita ng Ethereum ng Bitcoin  Ethereum (ETH) founder Vitalik Buterin says there are currently three big opportunities in the crypto industry right now.  Buterin joined an episode of the Bankless podcast to humiga what he sees as the three biggest opportunities currently existing in the crypto field.  While acknowledging that there are less obvious ideas than there used to be, the Ethereum creator first names crypto wallets as one “huge” opportunity.  Next, Buterin says that stablecoins will likely be a sector of the crypto industry that sees the appearance of the next big innovation.  The third opportunity Buterin identifies has to do with using crypto to threaten the hegemony of Big Tech over the internet.  ETH is trading for $1,175 at time of writing, up 0.17% over the last 24 hours.  Pagtanggi: Ang mga opinyon na ipinahayag sa The Daily Hodl ay hindi payo sa pamumuhunan. Dapat gawin ng mga namumuhunan ang kanilang nararapat na pagsusumikap bago gumawa ng anumang mga pamumuhunan na may mataas na peligro sa Bitcoin, cryptocurrency o digital assets. Mangyaring pinapayuhan na ang iyong paglilipat at mga kalakal ay nasa iyong sariling peligro, at ang anumang pagkawala na

2022-12-20Ethereum

Can Ethereum Prevent More Losses As Altcoin King ETH Slips 7% In Last 7 Days?

crypto Ethereum  Can Ethereum Prevent More Losses As Altcoin King ETH Slips 7% In Last 7 Days?  12 / 19 / 2022  Balita ng Ethereum ng Bitcoin  Further pain was inflicted on the markets as major cryptocurrencies Bitcoin and Ethereum slipped on macroeconomic pressures and other factors. As of time of writing, the top altcoin Eter has lost nearly 7% in the weekly timeframe.  This is reflected in the other altcoins as most, if not all, move alongside ETH. However, if the crypto slides further downwards, will it deal a heavy blow on the broader market as well?  The FTX Shockwave Still Felt  Since the collapse of crypto exchange FTX, Ethereum has been in the red, but then that seems normal as other cryptos are, as well.  The decline in ETHs value, however, began after it reached a record high of $4,635 in December of last year. Since then, the crypto has had massive highs and lows, but mostly the latter.  With Ethereum network fees plummeting to $2.9 million per day from $12.8 million on June 13, the price of ether plunged. The total value locked (TVL) in Ethereum-based smart contracts were also down by 4.5% in the last 24 hours.  Title image: iStockOther Factors At Play For ETH  More suffering

2022-12-19Ethereum

BTC, ETH Consolidate as Markets Prepare for Christmas Break – Market Updates Bitcoin News

Bitcoin Ethereum  BTC, ETH Consolidate bilang Markets Prepare for Christmas Break – Market Updates Bitcoin News  12 / 19 / 2022  Balita ng Ethereum ng Bitcoin  Bitcoin continued to consolidate to start the week, as market volatility remained in place ahead of the Christmas holidays. The worlds largest cryptocurrency remained below $17,000 on Monday, as price attempted to break out of a key resistance level. Ethereum was below $1,200 on Monday.  Bitcoin  Bitcoin (BTC) started the week below $17,000, as prices continued to consolidate following a volatile weekend.  Kasunod ng mababang $16,671.80 noong Linggo, BTC/USD ay tumaas sa isang peak na $16,815.39 mas maaga sa session ngayon.  Monday‘s move saw the world’s largest cryptocurrency rise above a key resistance level of $16,700.  BTC/USD – Pang-araw-araw na Tsart  Despite this, market sentiment remains volatile, with neither bulls nor bears taking charge of price movement so far today.  As can be seen from the chart, the uncertainty comes as the 14-day relative strength index (RSI) hovers below a resistance point at the 46.00 mark.  The index is currently tracking at 44.16, with a floor of 42.00 seemingly the target for bears. Prices will likely continue to consolidate up until the support or resistance is broken.  Ethereum  Ethereum (ETH) also consolidated during Mondays session, with prices remaining

2022-12-19Ethereum

As Ethereum (ETH) becomes deflationary, Rate That Crypto (RTC) plans on making its way into top 100 crypto list

crypto Ethereum  Habang nagiging deflationary ang Ethereum (ETH), plano ng Rate That Crypto (RTC) na makapasok sa nangungunang 100 na listahan ng crypto  12 / 18 / 2022  Balita ng Ethereum ng Bitcoin  Ethereums merger, codename Bellatrix, late this year, has everyone talking in the crypto industry. The new, improved network is more efficient and uses 99.5% less energy. And a new fee-burning mechanism has also turned Ether (ETH) into a deflationary currency, which has excited many investors.  However, Ethereum is not the only cryptocurrency causing waves in the industry. Rate That Crypto (RTC), a new crypto platform that allows you to place long and short trades depending on your market analysis, is causing heads to turn too. The platform has plans to make its way into the top 100 crypto list in 2023 and might represent your next investment opportunity. This piece will look at the deflationary effects of Ethereum and how RTC will become the next big thing.  What is making ether deflationary?  Ethereum, the worlds second-largest cryptocurrency and one of the most popular blockchain networks, has significantly changed how the sector operates. Practically, the changes Ethereum made to its blockchain network concern the recording of transactions. The crypto platform has moved from using proof

2022-12-19Ethereum

Crypto News Live Updates Dec 19: Bitcoin Price Shrinks; Ethereum Trades Below $1.2K

Bitcoin crypto Ethereum  Crypto News Live Updates Dis 19: Lumiliit ang Presyo ng Bitcoin; Ethereum Trades Mas Mababa sa $1.2K  12 / 18 / 2022  Balita ng Ethereum ng Bitcoin  Crypto News Today Live na Mga Update sa Disyembre at Pinakabagong Balita: (19 Disyembre 2022) The global digital asset industry downturn continues as its market cap has dropped by around 0.6% over the past 24 hours. It now stands at $807 billion. The 24 hour trading volume is down by 9% to stand at $22.6 billion.  Crypto News Today Live na Mga Update  Ang post Crypto News Live Updates Dis 19: Lumiliit ang Presyo ng Bitcoin; Ethereum Trades Mas Mababa sa $1.2K lumitaw ang unang sa CoinGape.

2022-12-19Industriya

EY USとTaxBitが提携、暗号資産やNFTの税務・会計ソリューション提供へ

Kabuhayan  EY USとTaxBitが提携、暗号資産やNFTの税務・会計ソリューション提供へ  12 / 18 / 2022  Balita ng Ethereum ng Bitcoin  大手監査法人EYの米国法人EY USが、暗号資産(仮想通貨)やNFTなどの税務・会計ソリューション提供のタックスビット(TaxBit)との提携を12月16日に発表した。  両社の提携は、規制当局が暗号資産の取引に関する報告プロセスやそのフォーマットを要求し始めていることに理由があるという。  そして両社は暗号資産のエコシステムに合わせたEY USのサービスとともに、一連の税務および会計ソリューションを企業に提供していくとのことだ。具体的に、両社は企業が税務報告要件(米内国歳入庁の税務申告など)への対応やコンプライアンスへの準拠などをより迅速に行えるようにするためのソリューションを提供するとのことだ。  なお両社のサービスの対象となるのは、暗号資産取引所、DeFi(分散型金融プロトコル)、Gamefi事業者などだという。  EY USのEY Financial Services Crypto Tax Leaderであるトーマス・シー(Thomas Shea)氏は「ワシントンでは多くの進展が見られますが、納税者のコミュニティーの中にはまだ不確実性があります。EY Digital Asset Tax Suiteは、現在のギャップを埋め、暗号資産市場に従事する人々が税務申告義務を果たすのを支援しようとするものです」と伝えている。  タックスビットのCOOであるリンジー・アルガラス(Lindsey Argalas)氏は「タックスビットでは、デジタル資産の税務・会計を管理するための単一記録システムを企業に提供することに注力しています。EY USとの提携により、世界レベルの専門知識、サービス、サポートが統合され、当社のソリューションが強化されます。EY USチームとともに、グローバル経済におけるデジタル資産のコンプライアンス導入を実現することを楽しみにしています」とコメントしている。

2022-12-19Industriya

Ethereums (ETH) Profitability Plummets to 45% as Burning Mechanism Does Not Work

Ethereum  Ethereums (ETH) Profitability Plummets to 45% as Burning Mechanism Does Not Work  12 / 18 / 2022  Balita ng Ethereum ng Bitcoin  Arman Shirinyan  Ethereums burning mechanism and profitability showing poor results  Ethereums battle with inflation continues: the second-biggest cryptocurrency on the network has been continuously trying to break through the inflation threshold, and it almost turned back into being deflasyonary before its network activity plummeted once again, causing another plunge on the market and a following profitability drop.  According to IntoTheBlock‘s market data, Ethereum’s profitability fell further below the 50% threshold and reached 45%, which is still considered neutral in comparison to other assets on the market, but still below average for Ethereum, which has been historically profitable for the majority of its holders.  Source: TradingView  The data suggests that the majority of Ethereum holders are facing an unrealized loss. With a continuation of such a trend, it will become exponentially harder for Ethereum to break through in the future, as the majority of investors who face unrealized losses and still hold assets tend to sell at breakeven rather than hold cryptocurrencies or any other assets while they turn profitable.  The descending trends in profitability and burn rate are two significant factors that affect Ethereums value on the

2022-12-18Ethereum

Top Predictions for Bitcoin and Ethereum Prices for the Coming Week

Will Bitcoin Price Make it to $18,500 This Month?  The trade setup of the BTC price displays it to be in a decisive phase, where both the possibilities of a notable jump and a minor pullback may be expected. The price may either rise beyond $18,500 to reach $19,000 or else drop hard to test the $16,500 support zone in the short term.  The BTC price is required to hold above $16,500 and ignite a firm rebound which may uplift the price to touch $17,300 which may break the resistance at $18,000. Conversely, if the BTC price losses the crucial support at $16,500, then it may slide down heavily to reach $15,600.  Will Ethereum Price Face Acute Seling Ahead of Shangai HardFork?  The Ethereum price has slashed hard, eroding all the gains incurred in the past 7 days. The second-largest asset broke the support trendline and dropped notably in the past couple of days. Undoubtedly, the buyers tried to ease the selling pressure but the price remained with a bearish influence, due to which it dropped and continued to trade under $1200.  The Ethereum price is currently trading between $1240 and $1118 and accumulating gains to pull a significant leg up in the coming days.

2022-12-18Ethereum
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