Balita sa Industriya ng Crypto at Market Trends

Ethereum Price Still On The Decline, Can Buyers Defend This Price Level?

EthereumBumababa Pa rin ang Presyo ng Ethereum, Mapagtanggol ba ng mga Mamimili ang Antas ng Presyo na ito？09 / 21 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum price tried to rise on its daily chart at the time of writing. Over the last 24 hours, ETH rose by 2%, price action continues to be mundane.　　In the last week, the Ethereum price fell by 21%. Technical indicators pointed towards continued bearishness.　　Buying strength declined substantially, which has pushed the price of Ethereum closer to its immediate support line.　　If buyers do not defend the closest support line, then Ethereum could head for a further decline on its one day chart.　　For the bearish thesis to be invalidated, ETH has to hop past several resistances. Selling dominance can further push the altcoin down.　　With the price of major market mover Bitcoin declining on its respective chart, most altcoins have followed suit.　　ETH has to move past the $2000 price level for the bearish thesis to be invalidated. ETH bulls are required to defend $1,200 price zone or else ETH could free fall to the $1,000 price level.　　Pagsusuri ng Presyo ng Ethereum: Isang Araw na Tsart　　Ang Ethereum ay napresyuhan ng $1,360 sa one day chart | Pinagmulan: ETHUSD sa

2022-09-21Ethereum

ETHs correlation to the Nasdaq creates problems for crypto-native traders

crypto EthereumAng ugnayan ng ETH sa Nasdaq ay lumilikha ng mga problema para sa mga crypto-native na mangangalakal09 / 21 / 2022Balita ng Ethereum ng Bitcoin　　Correlation between ether (ETH) and the Nasdaq composite is closing in on highs reached in May of this year, affecting crypto-native traders.　　The high correlation between ether and the Nasdaq has made it harder for crypto-native participants to utilize their edge — a deep understanding of on-chain dynamics — according to Cumberlands Jonah Van Bourg.　　Van Bourg went on to note in a Twitter thread on Tuesday that many of these crypto-specific traders have a tendency to trade in U.S. dollars rather than using crypto-to-crypto pairs.　　“A vestige, perhaps, of the days when digital assets were wholly decorrelated from the broader world of low-vol post-GFC finance,” Van Bourg said, alluding to the period following the global financial crash in 2008.　　Disconecting from this could be crucial to surviving the crypto winter, he said. Specifically, Van Bourg was pointing to ETH/BTC, which is trading at local lows at present but could be set to grind higher, similar to what happened following two of the last three bitcoin block reward reductions.　　Van Bourg noted the hot inflation data last week in his

2022-09-21Ethereum

Ethereum Layer 3 Protocols Might Be A Thing, Here’s What To Expect

EthereumEthereum Layer 3 Protocols Might Be A Thing, Heres What To Expect09 / 20 / 2022Balita ng Ethereum ng Bitcoin　　With the completion of the Ethereum Merge, founder Vitalik Buterin has turned his attention to other things that could help improve the network. Ethereum Layer 2 protocols had been big business back in the bull market of 2021, and even now, they continue to gather support from network users who continue to use these roll-ups. Now, Buterin has pointed to the possibility of Layer 3 protocols on the network. Heres what he expects them to do.　　Ethereum Layer 3 Protocols　　In a post, Ethereum founder Vitalik Buterin delves into the idea of Layer 3 protocols that have been circling the space now. At first, the idea started that with the functionality of the existing Layer 2 protocols, it was possible to build on them to provide even more scalability. Buterin refutes this in his post: “Unfortunately, such simple conceptions of layer 3s rarely quite work out that easily.” So what then can make a successful Layer 3 protocol？　　The bottleneck comes from the data that needs to be stored on the blockchain as transactions are processed. Layer 2s already do a good job of

2022-09-21Ethereum

Ethereum Proof Of Work (ETHW) Gains 30%, Is More Upside Coming?

EthereumAng Ethereum Proof Of Work (ETHW) ay Nakakuha ng 30%, Mas Higit Pa Ba ang Papasok？09 / 20 / 2022Balita ng Ethereum ng Bitcoin　　The Ethereum Proof of Work (ETHW) token had piggybacked off the popularity of the Ethereum Merge. In a bid to maintain the network in its original mechanism, developers had forked the Ethereum network,　　creating their own token in the process. The ETHW had been launched after the Merge was completed and was airdropped to ETH holders. The digital asset then suffered massive declines just days after launch.　　Ethereum Proof Of Work Recovers　　The Ethereum Proof of Work (ETHW) token distribution had been ongoing for days after the Merge. The reason for this was exchanges needed more time to distribute the tokens to their customers who currently hold ETH on their balances. Binance was the most recent crypto exchange to complete its distribution, giving the digital asset a much-needed boost.　　It was in the early hours of Tuesday when the largest crypto exchange in the world had completed its ETHW distribution. The crypto exchange had also opened deposits and withdrawals for the cryptocurrency, promptly increasing the demand for ETHW.　　Following this, the price of ETHW had added more than 30% to its value

2022-09-21Ethereum

What Prevents Large Validators From Taking Over Ethereum?

ETH Staking Market Share. Source: @hildobby　　This high concentration of staking power has raised concerns that Ethereum may be vulnerable to 51% na pag-atake—a term used in the crypto space to designate a hostile takeover of a blockchain by an entity (or group of entities) in control of the majority of block processing power. In other words, the worry is that large staking entities could collude to rewrite parts of Ethereums blockchain, change the ordering of new transactions, or censor specific blocks.　　The possibility of a 51% attack became particularly salient after the U.S. government‘s ban on Tornado Cash. Noong Agosto 8, ang US Treasury Department idinagdag privacy protocol Tornado Cash to its sanctions list, arguing cybercriminals used the crypto project for money-laundering purposes. Coinbase, Kraken, Circle, and other centralized entities quickly complied with the sanctions and blacklisted Ethereum addresses associated with Tornado Cash. So what would prevent these companies from using their staking power to censor transactions on Ethereum’s base layer if the Treasury ordered them to？　　As Ethereum creator Vitalik Buterin and other developers have Nagtalo, the network still has an ace up its sleeve: the possibility of implementing user-activated soft forks (UASFs).　　What Is a UASF？　　A UASF is a mechanism by

2022-09-21Ethereum

Ethereum Slides Under $1400, Tamadoge Listing Soon

Ethereum Falls Lower but May Soon Reverse Trend, Invest in Tamadoge Today　　Not too long after the Ethereum merge, the ETH / USD price action broke a key support level to the downside. Currently, Ethereum trades under the $1400 price level. Nevertheless, technical indicators are indicating that the price may soon reverse to the upside. The base level of the Bollinger indicator has been significantly pushed. And, at this point, a green candle has just formed to indicate price rebounding off the Bollinger indicator. Additionally, the Stochastic RSI lines are now touching at the tip to signify an impending price upward correction. Consequently, the price may soon retrace the $1400 and above.　　Ethereum Price Analysis: Eth/Btc Also Shows Signs of Price Recovery　　Price movement on the ETH/BTC market appears somewhat similar to the ETH/USD market. This can be seen as price action has pushed back the lower band of the Bollinger band. One key difference is the size of the last candle which appears much larger here than that of the ETH /USD.　　Bumili ng Ethereum NgayonAng iyong kapital ay nasa peligro　　Furthermore, the activity on the Bollinger indicator predicts a value rebound. Additionally, the activity of the RSI lines as well confirms that the

2022-09-21Ethereum

SEC Charges Crypto Influencer, Appears To Suggest All Ethereum (ETH) Transactions Fall Under US Jurisdiction

crypto EthereumSinisingil ng SEC ang Crypto Influencer, Mukhang Iminumungkahi ang Lahat ng Mga Transaksyon sa Ethereum (ETH) na Nasa ilalim ng Jurisdiction ng US09 / 20 / 2022Balita ng Ethereum ng Bitcoin　　The U.S. Securities and Exchange Commission (SEC) is filing charges against crypto influencer Ian Balina for his alleged involvement in the 2018 initial coin offering (ICO) of the SPRK token.　　Sa isang reklamo filed with the U.S. District Court for the Western District of Texas on September 19th, the SEC says it is taking legal action against Balina for allegedly promoting and selling the crypto asset, which the regulator claims is an unregistered security.　　The SEC further accuses the YouTuber of failing to disclose the amount he received from the coins issuer, software development firm Sparkster, and having his own unregistered offering of SPRK.　　Although he agreed to receive a 30% bonus from Sparkster on the tokens he purchased in the Sparkster Offering, Balina never publicly disclosed the consideration he received for his promotion.　　Balina also organized on Telegram an investing pool of about fifty individuals. After he agreed to purchase the SPRK tokens from Sparkster, Balina offered members of the investing pool the opportunity to purchase SPRK tokens from him upon their

2022-09-21Ethereum

Ethereum: Assessing every nook and cranny of PoS network since merge

Pinagmulan: Glassnode　　Further, as mentioned above, the PoS chains validators are grouped into committees and block proposers for each 32-slot Epoch.　　Each Epoch has up to 64 committees of at least 128 validators algorithmically selected per slot for block production and attestation.　　Ayon sa glassnode, there is a validator chosen to propose a block for each slot while others cast “attestation votes.” This refers to the number of “yes” votes cast by these validators.　　Prior to the merge, there was a drop in attestation count on the network, Glassnode found. However, since the merge, it has recovered back to its expected range.　　Pinagmulan: Glassnode　　Ayon sa glassnode, there were 430,181 active validators on the PoS network at press time. Validators on the chain continue to grow.　　Over 11,360 validators joined in September alone signifies “growing investor confidence as the technical challenges of the Merge are de-risked.”　　Pinagmulan: Glassnode　　These validators have staked over 14.586M ETH in the PoS chain. This staked value represents 12.2% of the total ETH supply. This brings us to a new metric that Glassnode has described as Effective Balance.　　It is the portion of ETH staked that is actively participating in the consensus on the chain. As of this writing, the Effective Balance on Ethereum was

2022-09-20Ethereum

Ethereum’s price plunges 15% after the Merge despite bullish anticipation

EthereumBumaba ng 15% ang presyo ng Ethereum pagkatapos ng Merge sa kabila ng bullish anticipation09 / 20 / 2022Balita ng Ethereum ng Bitcoin　　After undergoing the historic Pagsamahin ang pag-upgrade, the value of Ethereum (ETH) has continued to correct despite the event being touted as bullish for the assets price. The drop comes after the second-ranked cryptocurrency by market cap exhibited signs of rallying despite the prevailing depressed market conditions.　　In particular, by press time, Ethereum was trading at $1,360, a drop of about 15% from the $1,600 price recorded on September 15 when the Merge upgrade was officially rolled out.　　The impact of the Merge anticipation saw Ethereum surge by about 85% from June, when the price appeared to stagnate.　　Ethereum 1-year price chart. CoinMarketCap.　　Interestingly, Ethereums performance dwarfed Bitcoin (BTC) before the Merge, which has since struggled to stay above $20,000. However, after the upgrade, Bitcoin only dropped by about 3%.　　Crypto research platform Kaiko noted:　　“In what many expected to be a positive week for the price of ether, a successful Merge ended up preceding a significant sell-off of roughly 25% on the week.”　　Bitcoin and Ethereum price chart. Source: Kaiko.　　In this line, several factors have been fronted as the key triggers for Ether‘s drop,

2022-09-20Ethereum

Ethereum Name Service (ENS) Reclaims Eth.link Domain Name

EthereumBinabalik ng Ethereum Name Service (ENS) ang Eth.link Domain Name09 / 20 / 2022Balita ng Ethereum ng Bitcoin　　U.S. district court in charge of the case approved ENSs request for an injunction.　　Manifold Finance paid $851,919 to acquire the eth.link domain name.　　Ang Ethereum Name Service (ENS) anounced late on Sunday that it had reclaimed possession of the eth.link domain name after a successful injunction against domain supplier GoDaddy.　　Last month, ENS‘s parent firm, True Names Ltd., and eth.link’s former owner, Virgil Griffith, sued domain name registrars GoDaddy, Dynadot, and Manifold Finance. The ENS claims that GoDaddy breached their contract by failing to “respect, acknowledge, and protect” the eth.link name by transferring. It to rival domain name registrar Dynadot before its expiry date and offering it for auction.　　Services Finally Restored　　The Domain Name System, or DNS, is what web browsers use to conect to websites. And it is conected to by ENS through the eth.link domain. Through the EthLink service, “.eth” domain owners may set up standard-browser-accessible webpages at their own ENS names. ENS and its users experienced disruption in service due to the loss of the eth.link domain.　　The situation, however, has resolved. The EthLink services have restored after the U.S. district court in charge

2022-09-20Ethereum

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