Balita sa Industriya ng Crypto at Market Trends

Ethereum Tries To Keep Luster As It Moves To Narrower Range

Ethereum　　Ethereum Tries To Keep Luster As It Moves To Narrower Range　　11 / 28 / 2022　　Balita ng Ethereum ng Bitcoin　　Ethereum, the worlds second biggest cryptocurrency, has continued its downward trajectory, passing through the $1,200 level.　　To date, the exchange rate has reached $1,170.49. data from CoinGecko shows that the coin has been trading at a loss on a weekly basis.　　Heres a quick glance at how ETH has been performing:　　The price of ether is currently below the $1.2k range　　Investors are preparing to sell, as shown by the high exchange netflows　　If the bears manage to push beyond the $1,152 support level, the next important support is located at the $906 level　　After initially plunging as rumors of an impending FTX collapse hit the market, the price eventually settled into a patagilid trend and has remained there since. However, the trading range for this sideways movement is beginning to contract.　　The formation of a relief rally is being jeopardized by the current trading range. More losses are on the way for the Ethereum market, therefore would-be buyers and sellers of ETH should proceed with caution.　　Ethereum Relief Rally In The Offing？　　As the Bollinger band constricts around the $1,199 price range, the chance of a relief rally increases.　　ETH has

2022-11-28Ethereum

Top Analyst Predicts Big Rally for One Ethereum-Based Altcoin, Says Crypto Catalyst Coming in Two Weeks

crypto Ethereum　　Top Analyst Predicts Big Rally for One Ethereum-Based Altcoin, Says Crypto Catalyst Coming in Two Weeks　　11 / 28 / 2022　　Balita ng Ethereum ng Bitcoin　　The crypto strategist who called the end of last years Bitcoin (BTC) bull market is predicting a surge for an Ethereum-based altcoin.　　The pseudonymous analyst known in the industry as Pentoshi tells his 657,500 Twitter followers that the technicals and fundamentals are aligning for decentralized oracle network Chainlink (LINK).　　According to Pentoshi, LINK is showing relative strength with a big fundamental catalyst coming in a few weeks.　　Source: Pentoshi / Twitter　　Looking at the analysts chart, he predicts a slight dip to the $6.60 level for LINK before rallying toward his target of $9.63. At time of writing, LINK is switching hands for $6.72, suggesting an upside potential of over 43% for the decentralized oracle.　　According to a recent Chainlink blog post, beta staking for LINK is slated to go live on the Ethereum (ETH) mainnet on December 6th. Staking allows LINK holders to earn rewards for helping to increase the security of Chainlinks oracle services. Holders will have to commit their Chainlink tokens in smart contract to participate, thereby reducing the supply of LINK available for sale.　　Although Pentoshi is bullish

2022-11-28Ethereum

Heres Who Caused Enormous Spike in Ethereum Selling Pressure This Past Weekend

Ethereums plunge below $1,200 is result of selling pressure coming from one fund　　Ethereums reversal from the local resistance level was not something that most of the market anticipated in the weekend trading session on the cryptocurrency market. However, on-chain data clearly shows why the second biggest cryptocurrency broke down in such an unexpected manner.　　According to Nansens data, the Jump Crypto fund deposited more than 2,850 ETH into various centralized exchanges and liquidated almost all of it over the last 24 hours, causing a sharp dip in price.　　Jump deposited 2,850+ $ ETH ($3.5m worth) into various CEX just over the last 24h, and then the sharp dip in price.　　They dumping？　　— Rock ???? (@DataaRocks) Nobyembre 28, 2022　　Previously, various on-chain sleuths speculated over the connections of Jump Crypto to fallen FTX exchanges and the amount of funds held by the investor on the crypto trading platform. Considering the illiquid state of the market and Jump‘s potential issues with credibility, a significant loss caused by the implosion of the exchange would have been the final blow to the exchange’s ability to cover existing liabilities to creditors.　　Who is constantly attacking ETH？　　Since the beginning of November, Ethereum has had to withstand massive selling pressure coming from

2022-11-28Ethereum

NFT sells for $44k the highest price yet on XRP Ledger – crypto.news

XRP ledger sets a new record on Friday as XRP reported via a tweet that one of the ‘XRPL Punks’ sold for 108,900 XRP, equal to $44,000 at the time the transaction pulled through.　　XRPL makes history　　XRP ledger made history on 25th November 2022 by setting a new record for the highest NFT purchase on the network. According to an announcement on Twitter by onXRP, an XRP-based modular ecosystem, the transaction resulted in a 108,900 XRP sale of one of the Non-Fungible Tokens on the XRPL Punk collection. The amount of XRP involved in the transaction was equal to $44,000 at the time of the transaction making this the highest sale on the network.　　Ayon sa XRPL PUNKSs reply to the announcement, the sale occurred in an online auction on VC Discord, an event with more than 20 attendees. XRPL PUNKS failed to disclose the identity of the individual who bought the NFT at such a high valuation. One of the most popular collections on XRPL is the Punks collection, also known as Xpunks.　　XRPL PUNKS replied to onXRPs official announcement saying:　　“Was an open auction with over 20 people in VC in Discord. We don‘t want to disclose the buyer’s name, but the

2022-11-28Industriya

Aave shows promise of a move to $75 but will the bears stop the rally?

Kumuha was at an interesting place on the price charts. Higher timeframe momentum was bearish, but the market structure on the 12-hour and daily charts flipped to bullish in the past couple of days. The lower timeframe charts also showed momentum ng bullish.　　Basahin Aaves Price Prediction 2023-24　　Can the bulls trust this flip, and look to position themselves long？ Or, can traders look to remain patient and wait for a move into the $72 area before loading their short positions？ A stiff resistance zone lay ahead for AAVE, that much was certain.　　FVG and bearish breaker lie in the vicinity of $72　　Pinagmulan: AAVE / USDT sa TradingView　　A move upward followed by a downward push once more was likely for AAVE. Why is that？ On the lower timeframes, the market structure was bullish for Aave. It climbed past $61.3 over the previous day of trading and has seen a surge of nearly 18% in the past five days.　　The market structure of the 12-hour chart broke toward the bullish side. Even though the moving averages showed bearish momentum, the lower timeframe rally can see Aave drive toward an area of importance to the north.　　The RSI climbed above neutral 50 at the time of writing,

2022-11-28Industriya

Billionaire Mike Novogratz Says Bitcoin and Ethereum Not Going Away Despite Crisis of Confidence in Crypto

Bitcoin crypto Ethereum　　Billionaire Mike Novogratz Says Bitcoin and Ethereum Not Going Away Despite Crisis of Confidence in Crypto　　11 / 27 / 2022　　Balita ng Ethereum ng Bitcoin　　The chief executive of crypto investment firm Galaxy Digital says that the top two leading digital assets arent going anywhere despite widespread negative sentiment in the industry.　　Sa isang bagong pakikipanayam on CNBC‘s Squawk Box, billionaire Mike Novogratz says that he doesn’t envision king crypto Bitcoin (BTC) and leading smart contract platform Ethereum (ETH) going under even though a crisis of confidence is rattling the crypto markets.　　The Galaxy Digital CEO goes on to say that while he expects a recovery for the crypto industry, he anticipates a slow grind upward rather than a quick burst.　　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 maaari mong makuha ay ang iyong responsibilidad. Hindi inirerekumenda ng Daily Hodl ang pagbili o pagbebenta ng anumang mga cryptocurrencies o

2022-11-28Ethereum

Ethereum Sharks And Whales’ ETH Accumulation Tops Two-Year High ⋆ ZyCrypto

Ethereum　　Ang ETH Accumulation ng Ethereum Sharks And Whales ay Nangunguna sa Dalawang Taong Mataas ⋆ ZyCrypto　　11 / 27 / 2022　　Balita ng Ethereum ng Bitcoin　　Deep-pocketed investors are betting on the smart contract platform despite the latest volatility.　　ETH has added 2% in the past day as Feds minutes raise expectations of lower rate hikes.　　Ethereums sharks and whales are buying ether at the fastest rate seen in years – according to a major analytics firm – a factor said could accelerate the value of the second-largest cryptocurrency in the next bull run.　　Santiment said the last time such an accumulation was seen; the digital asset surged by 50% in about a month.　　Ethereum‘s active shark and whale addresses continue accumulating with prices less than a quarter of their All-Time High levels a year ago. In October/November 2020, these 100 to 100,000 ETH addresses assisted in pushing ETH to a +50% price rise over 5 weeks’ Santiment tweeted.　　ZyCrypto iniulat on November 24 that the whale activities – including a single-day accumulation of $1 billion (the fifth-largest in the history of Ethereum) – were boosting the price of ETH. The volatility comes in the month that witnessed the fall of FTX and a record market crash.　　At the

2022-11-28Ethereum

179K BTC ang Umalis sa Pagpapalitan Sa nakaraang 30 Araw; Oras na Para Bumili ng Dip?

Bitcoin　　179K BTC ang Umalis sa Pagpapalitan Sa nakaraang 30 Araw; Oras na Para Bumili ng Dip？　　11 / 26 / 2022　　Balita ng Ethereum ng Bitcoin　　Ang pandaigdigang merkado ng digital asset ay nakikipagkalakalan sa ilalim ng mataas na presyon ng pagbebenta habang tumataas ang pagkasumpungin. Ang pinakamalaking cryptocurrency sa mundo, ang presyo ng Bitcoin ay bumaba ng higit sa 20% sa nakalipas na 30 araw. Gayunpaman, ang aksyong presyo na ito ay nagbukas ng mga pintuan para sa mga mamumuhunan na bumili ng pagbaba.　　Bumaba ang presyo ng Bitcoin; Bumili ng sawsaw？　　Ayon sa data ng glassnode, Bitcoin Exchange Outflow ay tumama sa all time high (ATH). May kabuuang 179,250 Bitcoin ang natitira mula sa mga palitan ng crypto sa net basis sa nakalipas na 30 araw. Ito ay nagpapahiwatig na ang merkado ay papalapit na sa ilalim nito ngayon.　　Iminumungkahi ng data na ang bilang ng mga exchange deposit ng Bitcoin (7d MA) ay tumama sa 2 taon na mababa sa 1,735.12.　　Ayon sa mga ulat, ang BTC ay dumadaloy mula sa mga palitan sa rate na higit sa 172k bawat buwan. Nalampasan nito ang nakaraang mataas na set pagkatapos ng Hunyo 2022 ibenta. Gayunpaman, ang kabuuang nakumpirma na mga transaksyon ay nakakita din ng

2022-11-27Industriya

ETH Paints a Lower Low as a Retest of $1,000 Looking More Likely (Ethereum Price Analysis)

Ethereum　　ETH Paints a Lower Low as a Retest of $1,000 Looking More Likely (Ethereum Price Analysis)　　11 / 26 / 2022　　Balita ng Ethereum ng Bitcoin　　Unlike Bitcoin and many other crypto assets, Ethereum is forming a new low while testing a significant resistance level. ETH should be monitored closely, as the price action in the next few days could provide useful hints for the mid-term market trend.　　Teknikal na Pagsusuri ng　　Sa pamamagitan ng: Edris　　Ang Pang-araw-araw na Tsart:　　Looking at the daily chart, the price is still trapped between $1250 and $1000 levels but could soon break out. The $1250 resistance level is currently being tested, and if broken to the upside, the 50-day and 200-day moving averages, located around $1300 and $1500 levels, respectively, would be targeted next.　　However, as long as the price remains below the 200-day moving average, ETH would technically be considered in a bear market. Therefore any rejection from either of the resistance levels mentioned earlier would be very likely. In this case, the $1000 area could ultimately be tested again, and a breakout below this key level would be interpreted as a very bad sign, as it would lead to another rapid crash.　　Pinagmulan: TradingViewAng 4-Oras na Tsart:　　On the 4-hour chart,

2022-11-26Ethereum

Ethereum node developer, Akula, shuts down – crypto.news

crypto Ethereum　　Ang developer ng Ethereum node, si Akula, ay nagsara – crypto.news　　11 / 26 / 2022　　Balita ng Ethereum ng Bitcoin　　The developers behind the Ethereum node project, Akula, have decided to shut down the project because they cannot compete with a newly announced rival project that has similar features and is run by a well-known crypto VC firm.　　Giant Paradigm project precedence flushes out modest Akula project　　Ethereum core developer Artem Vorotnikov announced on Twitter Wednesday that the Ethereum node project Akula will be brought to a close. He tweeted, “Sadly, we cannot outcompete multibillion VCs who copy-paste our architecture and code,” The project developers will no longer maintain or run the project. Still, the code remains available because its open source.　　ito anunsyo hinted at the emergence of an identical node client by a team with access to better funding, despite Vorotnikov not giving out the projects name. The rival project is believed to be Reth, a Rust-based Ethereum client run by the crypto VC outfit Paradigm.　　Vorotnikov even shared screenshots showing Paradigms CTO Georgios Konstantopoulos inquiring into Project Akula with highly detailed questions. Vorotnikov, amid his responses, had asked what Paradigm was building but received no response.　　After this conversation, the developers of Akula

2022-11-26Ethereum

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