Balita sa Industriya ng Crypto at Market Trends

Ethereum Merge Is Fine, What About Dogecoin’s Transition To PoS?

EthereumMaayos ang Ethereum Merge, Paano ang Paglipat ng Dogecoin sa PoS？09 / 14 / 2022Balita ng Ethereum ng Bitcoin　　The Merge upgrade on the Ethereum network is perhaps the hottest topic across the cryptocurrency space. The first smart contract compatible blockchain network is going to be the first blockchain to transition from proof-of-work to a proof-of-stakes consensus mechanism. This is quite a significant move considering the behemoth size of the Ethereum network, yet, it is happening.　　While the discussion around the Ethereum merge is going on, top meme currency Dogecoin also became a part of it given its intentions to transition to PoS. The discussion around Dogecoin shifting to proof-of-stakes is also around the space for a long. This attracted a lot of attention, and even so Ethereum founder Vitalik Buterin also got interested in it.　　Ang paksa ng Dogecoin shifting to PoS remained a hot topic since December last year. This was the same time when the crypto market started witnessing the loss of capital following the market decline. Yet the Dogecoin Trailmap mentioned the transition proposal.　　Ang Dogecoin community, however, considers this proposal as just a mere proposal. While Ethereum co-founder was occupied with the Ethereum merge itself.　　On the brighter side, it

2022-09-15Ethereum

Ethereum Classic Hash Rate Surges 200% Ahead of Ethereum Merge

EthereumAng Ethereum Classic Hash Rate ay Tumataas ng 200% Nauna sa Ethereum Merge09 / 14 / 2022Balita ng Ethereum ng Bitcoin　　According to data from mining pool 2miners, Ethereum Classics hash rate has experienced a 200% growth in the last 30 days, jumping to now at its all-time high of 64 TH/s from 30 TH/s on August 15.　　Ethereum Classic has hit an all-time high hash rate of 65.49 terahashes per second (TH/s), having grown more than 40% during September ahead of The Merge.　　Hash rate refers to the computational power used to mine a cryptocurrency on a proof-of-work blockchain. Cryptocurrencies such as Bitcoin, Ethereum Classic, and Ether (before the merge) use a proof-of-work system, which requires lots of powerful computers and energy to process transactions.　　Today, Ethereum is set to make its long-awaited shift from its proof-of-work consensus to an energy-friendly proof-of-stake blockchain consensus mechanism.　　Ethereums move to shut down its proof-of-work consensus is set to leave Ether miners with potentially nothing to do. So, miners have anounced their intent to migrate to Ethereum Classic, amongst several other proof-of-work blockchains.　　These miners plan to mine Ethereum Classic and other compatible coins like Ravencoin. According to 2Miners, mining on Ethereum Classic and others like Ravencoin and

2022-09-15Ethereum

Bitcoin Doesn’t Die: Hash Rate Retakes All-Time High

BitcoinHindi Namamatay ang Bitcoin: Ang Hash Rate ay Muling Mataas sa Lahat ng Panahon09 / 14 / 2022Balita ng Ethereum ng Bitcoin　　Over the years, there have been various sentiments regarding the “death of bitcoin,” but the digital asset continues to prove doubters wrong. This time around, bitcoin has seen a significant rebound in its hash rate that suggests more miners are coming back online. This increase in hash rate carries implications for the miners but shows more interest in the network, causing on-chain metrics to light up green.　　Bitcoin Hash Rate Reaches New High　　The bitcoin hash rate had previously reached its all-time high back in June of 2022. However, it would quickly plummet following the heat wave in the US that forced miners to shut off their rigs in a bid to preserve energy. Now, the miners are coming back online as temperatures have stabilized, leading to a surge in the hash rate over this time.　　In the last 7 days, the mining hash rate reached a new all-time high. It coincided with various public bitcoin miners coming back online. Furthermore, these public miners have been working towards increasing their hash rate to be more competitive in the market.　　The increase in the

2022-09-15Bitcoin

Pagsusuri ng Presyo ng Ethereum (ETH) para sa Setyembre 13

On the local chart, the rate of Ethereum (ETH) keeps declining after the breakout of the support level at $ 1.676. Until the price is below that mark, one should not expect further growth. Thus, the selling volume is high which means that there are high chances to see a more profound decrease.　　Ethereum (ETH) is on the way to the support level on the daily time frame at $1,487. However, if buyers can keep the rate of the main altcoin above $1,500 until the end of the day, traders can expect the local bounce back.　　From the mid-term point of view, todays sharp drop might cancel the further growth, however, one needs to wait until the candle closes. If nothing changes, there is a possibility to see the test of the $1,424 mark.　　Ang Ethereum ay nakikipagkalakalan sa $ 1,594 sa oras ng pagpindot.

2022-09-15Ethereum

Can short-squeeze narrative for Ethereum, Bitcoin actually deliver results

Bitcoin EthereumCan short-squeeze narrative for Ethereum, Bitcoin actually deliver results09 / 14 / 2022Balita ng Ethereum ng Bitcoin　　Negative market sentiment for Ethereum [ETH] at Bitcoin [BTC] caused derivative funding rates to remain negative. While both prices suffered a major setback, short traders followed the selling ritual.　　Now, could this provide an opportunity for the patient (long) traders following a “potential” squeeze？　　Malalim na sugat 　　Ang mga rate ng pagpopondo for BTC and ETH have remained negative for derivative traders for quite a while. Furthermore, derivative prices have kept funding rates generally below zero since May. Ergo, depicting the overall sentiment of the traders and how they viewed future market conditions.　　But could this narrate a potential short-term bull signal for traders？ Well, yes.　　The anualized funding rate spread sa pagitan ng BTC at ETH perpetual pushed to a new all-time high (ATH) of 77% as per data from Glassnode. The graph below showcased the same.　　Although, short trades seem to be focused on ETH rather than BTC given its Pagsamahin season. In this regard, glassnode idinagdag,　　“This indicates traders are heavily short ETH may kaugnayan sa BTC, likely speculating/hedging for the upcoming Merge.”　　This means hedging their risk exposure to ETH by going short perpetual futures. In

2022-09-15Ethereum

ETC Group to continue ETH PoW fork for ETP

EthereumETC Group to continue ETH PoW fork for ETP09 / 14 / 2022Balita ng Ethereum ng Bitcoin　　On Wednesday, ETC Group made an anouncement which left everyone in shock during the preparations of the major upgrade, Merge.　　The group shared its plan to carry on with the proof-of-work consensus mechanism instead of shifting it to the proof-of-stake for Ethereum exchange-traded products.　　At the same time, that very group issued a paper last month whose title was: ‘why structure matters in crypto ETPs.’ The declaration recognizes the difference between its crypto ETPs and its opponents European crypto ETP proposals. It also mentioned its point of view on the non-success of its opponent crypto ETPs.　　According to a report, ETC Group gained a handsome growth of 34,259% from its first introduction on June 8 2020, to June 1, 2021. Adding to it, the firm gained its height in assets of $1.7 billion and earned the ETF Express Editors award this year. After that, it declared itself to be the most convertible and one hundred per cent physically supported Bitcoin ETP in the world.　　Exchange-Traded na Produkto　　In line with the anouncement, the freshly introduced ETH ETP of ETC Group will totally depend upon the Proof-of-work consensus mechanism. The

2022-09-15Ethereum

What Could Go Wrong During Ethereums Merge?

EthereumWhat Could Go Wrong During Ethereums Merge？09 / 14 / 2022Balita ng Ethereum ng BitcoinKey Takeaways　　Ethereum is upgrading to Proof-of-Stake in the next few hours.　　Centralized exchanges, Ethereum dApps, and potential Ethereum Proof-of-Work forks may end up causing trouble for ETH holders.　　While the Merge may turn out to be volatile, it is expected to be beneficial for Ethereum in the long run.　　Ibahagi ang artikulong ito　　Centralized exchanges, dApps, and Ethereum Proof-of-Work forks could face some hiccups during Ethereums highly anticipated Merge to Proof-of-Stake.　　The Merge Is Upon Us　　Ethereum is gearing up to finally transition from Proof-of-Work for Proof-of-Stake. According to bordel.wtf, the highly anticipated transition, known in the crypto community as the Merge, is currently set to happen sometime between 04:45 and 05:36 UTC on September 15. The upgrade is expected to reduce ETH token issuance by 90% and slash the blockchains energy consumption by 99.5%.　　At the time of writing, Ethereum palakasan a $192 billion market capitalization and more than $32 billion worth of collateral nakakandado in its decentralized finance (DeFi) protocols. This makes the Merge a particularly high-stakes upgrade. While consensus in the crypto community is that Ethereum has a high chance of switching to Proof-of-Stake smoothly, its worth considering issues that

2022-09-15Ethereum

The Merge has Shifted Focus From BTC to ETH Despite the Formers Auspicious Moves ⋆ ZyCrypto

Bitcoin EthereumAng Pagsasama ay Naglipat ng Pokus Mula sa BTC patungong ETH Sa kabila ng Mga Mapalad na Paggalaw ng Dating ⋆ ZyCrypto09 / 14 / 2022Balita ng Ethereum ng Bitcoin 　　Ethereum has claimed the spotlight due in large part to the upcoming Merge. The recently engineered relief rally from the markets has also contributed to the bullish outlook on ETH.　　However, this shift in attention could be a leaping stone for Bitcoin.　　Despite Bitcoins more significant gains, Ethereum has remained the focus of the majority of the community. Notwithstanding, Santiment notes that this negativity towards the digital gold could set it up for a significant comeback.　　Bitcoins Weighted Sentiments show a bearish outlook　　Santiment recently revealed a tsart showing Bitcoins Weighted Social Sentiment. The metric indicated that weighted sentiments on the firstborn crypto were generally bearish. Dipping to an inauspicious value of -1.30, current sentiments on BTC appear to be the most bearish seen this year.　　This unpropitious outlook prevails despite Bitcoin‘s break above $20k in the recent relief rally. Santiment noted that the low sentiments likely come from the asset’s “negative-themed discussions and lack of overall chats.”　　Nevertheless, Santiment notes that the bearish outlook could serve as a harbinger of a breakout, as the

2022-09-15Ethereum

This Ethereum On-Chain Metric Is Flashing Most Bullish Signal in 16 Months, According to Analytics Firm Santiment

EthereumAng Ethereum On-Chain Metric na ito ay Kumikislap ng Karamihan sa Bullish Signal sa 16 na Buwan, Ayon sa Analytics Firm Santiment09 / 14 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum (ETH) is flashing a bullish on-chain metric as it counts down the last few hours until it merges to a proof-of-stake consensus mechanism, according to crypto analytics firm Santiment.　　Santiment mga tala that Ethereums Network Value to Transaction (NVT) Model is in “its best state in 16 months.”　　“We are officially less than two days from the big Ethereum merge, & on-chain metrics are looking positive for the #2 market cap asset. According to our NVT model, the ratio between unique ETH being moved and the networks current market cap is in its best state in 16 months.”　　Pinagmulan: santimentfeed/Twitter　　NVT describes the relationship between transfer volume and market capitalization.　　Ethereum is trading at $1,576 at time of writing and is down nearly 7% in the past 24 hours. Ethereums merge to proof-of-stake is currently scheduled to happen on Wednesday night, according to the Web3 infrastructure company Nakakaharang.　　Kagandahan din warns that the massive upgrade could have a downside in terms of ETHs price.　　“With Ethereums merge happening this week, we see that mentions related to the

2022-09-15Ethereum

Analisi dei prezzi di Bitcoin, Ethereum e Solana

Bitcoin EthereumPagsusuri ng prezzi ng Bitcoin, Ethereum at Solana09 / 14 / 2022Balita ng Ethereum ng BitcoinPagsusuri ng Bitcoin　　Ang presyo ng Bitcoin reversed course on Tuesday after six days of positive price action and when traders settled-up at 12:00 UTC, BTCs price was -$2,214.　　The first chart we‘re analyzing for this Wednesday is the BTC/USD 1D na tsart sa ibaba mula sa YL_PRO. BTC’s price is trading between the 100% fibonacci level [$18,224.25] and the 78.60% fib level [$24,630.81], sa oras ng pagsulat.　　Ang overhead na mga target para sa bullish BTC mangangalakal that believe Tuesdays markdown was just a short-term pullback are 78.60%, 61.80% [$29,765.56], 50.00% [$33,145.57], 38.20% [$36,753.13], 23.60% [$41,104.46], and 0.00% [$48,199.27].　　Mga bearish na mangangalakal that believe the recent rally has come to an end and are short the BTC market are eyeing the 100% fib level with a secondary target of 127.20% [$10,150.04]. The third target to the downside for bearish BTC traders on the daily timescale is 141.40% [$5,876.33].　　BTC/USD 1D chart: the price is trading between the 100% fibonacci level [$18,224.25] and the 78.60% fib level [$24,630.81]　　Ang Fear and Greed Index ay 27 Takot at -7 mula sa pagbabasa ng Martes ng 34 Fear.　　Ang Fear and Greed

2022-09-15Ethereum

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