Balita sa Industriya ng Crypto at Market Trends

Crypto Analyst Says Ethereum (ETH) About To Witness Huge Correction As Fed Stays Hawkish

crypto EthereumSinabi ng Crypto Analyst na Masaksihan ng Ethereum (ETH) ang Malaking Pagwawasto Habang Nananatiling Hawkish ang Fed08 / 29 / 2022Balita ng Ethereum ng Bitcoin　　Popular crypto analyst Benjamin Cowen says that Ethereum (ETH) is likely facing a dramatic correction in the coming months as the Federal Reserve continues to hint at tighter monetary policy.　　Cowen tells his 693,000 Twitter followers that he sees Ethereum working its way towards the logarithmic regression band.　　According to Cowen‘s chart, he’s expecting ETH to continue its downtrend until it consolidates near the $600-$800 price level over the next year or so.　　“I think ETH is heading home my friends.”　　Cowen also sabi ni that crypto investors are refusing to accept the reality of the Federal Reserves impact on markets. According to the analyst, Fed Chair Jerome Powell has been very clear that interest rate hikes and tighter central bank liquidity are coming.　　Powell has been pretty clear from the begining that the FED will continue raising rates and will not be pivoting anytime soon.　　A lot of investors just have refused to believe it.　　Tulad ng para sa Bitcoin (BTC), Cowen sabi ni in a recent strategy session that hes open to the scenario of Bitcoin going as low as

2022-08-30Ethereum

CNBC Claims Only One Cofounder Directly Working On Ethereum As Merge Approaches

EthereumIsang Cofounder Lang ang Inaangkin ng CNBC na Direktang Gumagawa Sa Ethereum Habang Papalapit ang Pagsasama08 / 29 / 2022Balita ng Ethereum ng Bitcoin- Advertising -　　Vitalik Buterin: The Last Man Standing.　　The most extensive upgrade to the Ethereum blockchain is expected to occur soon, bringing the network closer to its full potential. The eight co-founders of the Ethereum blockchain project have gone their separate ways, with only one remaining actively involved in developing the network.　　Vitalik Buterin, who first proposed the Ethereum network in 2013, is the only one of the founders still directly working on the project full-time, ayon sa CNBC. He is currently the lead developer of Ethereum 2.0, the most anticipated upgrade to the network, which is set to launch in phases over the next two years.　　The other seven co-founders are not actively involved in the Ethereum project and are pursuing other projects. Both Charles Hoskinson and Gavin Wood, instrumental in developing the Ethereum network, founded their rival blockchain networks – Cardano and Polkadot.　　Last year, Anthony Di Iorio, who leads a blockchain-focused software firm Decentral in Toronto, abandoned Ethereum due to personal safety concerns. The other co-founders have gone on to work in a variety of sectors.　　According to CNBC,

2022-08-30Ethereum

Following a 30% Drop in 2 Weeks, Wheres the Bottom for ETH? (Ethereum Price Analysis)

EthereumFollowing a 30% Drop in 2 Weeks, Wheres the Bottom for ETH？ (Ethereum Price Analysis)08 / 29 / 2022Balita ng Ethereum ng Bitcoin　　Any optimism for a rally is fading quickly as the Merge upgrade date approaches. Two weekly candles closed in red, warning of the formation of a bearish structure. Ethereum lost approximately 30% of its value over that period.　　Ang Pang-araw-araw na Tsart　　Ethereum is forming a lower low on the daily chart. The structure, followed by the formation of lower highs and lower lows, can be the precursor of continuous declines. So far, the bears managed to erase the 50% increase from July (in yellow).　　Lets assume that the DXY index, which has just broken the last high, continues its upward trend. In this case, Ethereum is likely to test the horizontal support at $1,300 in the short term, which intersects with the 61.8% Fib golden level (in green).　　The end of the downward trend could come only if the price forms a higher high and higher low. Until then, the bearish bias remains strong.　　Mga Pangunahing Mga Antas ng Suporta: $ 1450 & $ 1300nMga Antas ng Paglaban sa Key: $ 1600 & $ 1750　　Pang-araw-araw na Moving Average:nMA20: $1719nMA50: $1602nMA100: $1521nMA200: $2166　　Pinagmulan:

2022-08-30Ethereum

Will Ethereum Classic Prove to be Next Best Shelter for Ethereum Miners?

With the Ethereum Merge approaching the final Bellatrix upgrade was pushed, earlier this week. Miners have started looking for alternatives since the highly-anticipated upgrade will vanish the ETH mining community.　　Ethereum Classic [ETC] which follows a Proof-of-Work consensus mechanism has experienced a sudden rise in its total hashrate. In just a month, the hashrate of ETC increased by over 50%. It indicates new miners are entering the ecosystem as the Merge approaches.　　There are two kinds of miners: one who wants a hard fork that will result in Ethereums PoW alternative. The other sect is happy with the existing alt.　　The Increasing popularity of ETC….　　The popularity of ETC is continuously growing among the mining community as is evident from the hashrate chart. Currently, in terms of market cap, ETC is in the fourth position in the list of top PoW tokens in the world. While ETC grabs the third position considering the trading volume. The Merge could probably bring change in these figures when more miners enter the ETC community.　　With the increase in the total hashrate, the price of ETC rose too and it surpassed various crypto assets last month. The price of ETC started booming in mid-July from $14.17 and reached $44.67

2022-08-30Ethereum

Analyst Says Ethereum Set For A “Huge Short-Squeeze” – Here’s Why

Ethereum Funding Rates sit at a 14-month low.　　CryptoQuant analyst Maartun in a Quicktake on Sunday, reveals that Ethereums Funding Rates are at a 14-month low, noting that the last time it was this low, there was a huge short-squeeze in the markets.　　… Funding Rates are at a 14-month low.　　The last time Funding Rates were this negative was in July 21 just before a huge short-squeeze on Bitcoin & Ethereum, the analyst writes.　　Maartun explained that the low funding rates result from short-traders paying long-traders. But, according to Maartun, it could also be the result of traders hedging their spot positions as The Merge approaches.　　As Ang Crypto Basic reported last Thursday, Santiment Feed nagsiwalat that short sellers appear to circulate on exchanges as The Merge approaches. These sellers could get caught in the short-squeeze if history repeats itself.　　Meanwhile, in a tweet today, market analyst Ali Martinez noted that Ethereum would likely move lower to the $1,335 price point. According to Martinez, the asset is already trading below two significant supply zones. The first at $1,560, where 526K addresses bought 3.44 million ETH, and the second at $1,475, where 585K addresses bought 2.81 million ETH.　　#Ethereum nakikipagkalakalan sa ibaba ng dalawang makabuluhang supply zone.

2022-08-29Ethereum

Ethereum faces another mountain to climb, at least until Merge

Pinagmulan: Glassnode　　Glassnode reported on another faltering statistic for Ethereum. The Perpetual Futures Contracts volume reached a new low.　　The volume dropped to a 3-month low on the exchange-giant Bitmex in the past 24 hours to $94.6 million.　　This low was previously experienced in the aftermath of the credit crisis in the crypto industry back in June 2022.　　Pinagmulan: Glassnode　　Trader profits have also dried up in a week or so as seen in the chart below.　　According to the analytics firm, Ethereum is in a very delicate position after its Merge-anouncement-related returns turned grey following the Powell speech.　　On 28 August, the MVRV index value stood at -14.5% on the 30d chart as investors interest tumbled.　　Pinagmulan: Santiment　　Konklusyon　　This completes the round-up explaining the Ethereum situation among traders as they battle for profitability.　　As it stands, the Merge will be the starting point for traders on the network to build on.　　The vast margins of this network still face the threat of faster and low-cost blockchains such as Solana and Polygon.

2022-08-29Ethereum

Here’s What’s in Store for Ethereum (ETH) Leading Up to The Merge, According to Analyst Michaël van de Poppe

EthereumHere‘s What’s in Store for Ethereum (ETH) Leading Up to The Merge, According to Analyst Michaël van de Poppe08 / 29 / 2022Balita ng Ethereum ng Bitcoin　　Popular crypto analyst Michaël van de Poppe is plotting a bullish scenario for Ethereum (ETH) amid the hype surrounding the smart contract platforms incoming upgrade.　　The crypto strategist tells his 623,800 Twitter followers that he believes Ethereums current pullback from its August high of around $2,000 is likely coming to an end.　　Looking at a scenario like this on Ethereum.　　End of correction relatively soon, crucial level around $1,350.nMerge hype starting to get fired in the coming weeks, taking markets up.　　If block around $1,300-1,350 is lost - $1,000 next.　　Source: Van de Poppe / Twitter　　The Merge, which will allow Ethereum to transition from proof of work to proof of stake, is slated for mid-September. At time of writing, ETH is changing hands for $1,449, down over 3% on the day.　　Looking at Ethereum against Bitcoin (ETH/BTC), Van de Poppe says the pair must stay above its immediate support level to increase the odds of bullish continuation.　　Daily order block still holding on for Ethereum, which is great. I‘d like to see it hold above 0.071-0.0725 BTC ($1,402 -$1,432) as then

2022-08-29Ethereum

Ethereum (ETH) Price Turns Deflationary Even Before The Merge, Heres Why

EthereumEthereum (ETH) Price Turns Deflationary Even Before The Merge, Heres Why08 / 29 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum (ETH) price is set to be deflationary after the Merge due to the EIP-1559 burning mechanism. However, the ETH price continues to dive below $1500 even before the Merge. The pressure is due to whales selling their ETH holdings, Fed Chair Jerome Powells rate hikes cues, and almost $2 billion in options expiry on September 30.　　Ethereum (ETH) Price Plunges Below $1500 Before the Merge　　Ang Ethereum ay magiging isang deflationary cryptocurrency after the Merge, with expectations of a 90% reduction in ETH issuance.　　Ayon sa data by on-chain platform OKLink, over 2.6 million ETH have been burned since the implementation of the EIP-1559 in August last year. The total ETH burned until now is worth over $8.5 billion. Also, the anual inflation rate of Ethereum has fallen 50.77% since the implementation of EIP-1559.　　Bukod dito, whales are selling their ETH holdings on expectations of the deflationary nature of Ethereum post-Merge. The non-exchange whales seem to be selling their Ethereum (ETH) holdings, whereas the ETH supply held by exchanges has increased in August. This means whales are bearish on the Ethereum (ETH) price after the

2022-08-29Ethereum

Rocky road lies ahead, but here’s 5 altcoins that still look bullish

Pang-araw-araw na pagtingin sa data ng merkado sa merkado ng Crypto. Pinagmulan: Coin360　　Although buying in a downtrending market is not a good strategy, traders can keep a close watch on cryptocurrencies that are outperforming the markets because, in case of any turnaround, these are likely to be the first off the block. In a bear market, traders should be patient because they are highly likely to find plenty of opportunities to buy after the market stabilizes.　　What are the critical levels to watch on Bitcoin？ If it stages a turnaround, what are the cryptocurrencies that may outperform in the short term？ Lets study 5 cryptocurrencies that are looking strong on the charts.　　BTC / USDT　　A weak rebound off a strong support indicates that bulls are hesitant to aggressively buy at the level. The bulls successfully defended the support line for several days but could not push the price above the 20-day exponential moving average ($21,806). This shows a lack of demand at higher levels.　　Araw-araw na tsart ng BTC / USDT. Pinagmulan: TradingView　　Bears pounced upon the opportunity and pulled the price below the ascending chanel on Aug. 26. The 20-day EMA is sloping down and the RSI is near the oversold zone, indicating

2022-08-29Industriya

Ang Absurd Backlash Against Euphoria Star Sydney Sweeney, Ipinaliwanag

KabuhayanThe Absurd Backlash Against Euphoria Star Sydney Sweeney, Ipinaliwanag08 / 28 / 2022Balita ng Ethereum ng Bitcoin　　Dumalo si Sydney Sweeney sa GQ Men of the Year Celebration sa The West Hollywood EDITION noong Nobyembre ... [+] 18, 2021 sa West Hollywood, California. (Larawan ni Rodin Eckenroth/Getty Images)　　Getty Imagesn　　Makaramdam ng sobrang tuwa Ang star na si Sydney Sweeney ay hindi sinasadyang nagdulot ng isang alon ng online backlash noong Sabado pagkatapos mag-post ng isang serye ng mga larawan at video mula sa ika-60 na birthday party ng kanyang ina. sa Instagram.　　Habang ang karamihan sa mga komento sa Instagram ay pabirong binanggit ang Oklahoma, isang reference sa isang one-liner mula sa Makaramdam ng sobrang tuwa, pinag-usapan ng ibang mga komentarista ang t-shirt na isinuot ng isa sa mga bisita sa party, na nagtatampok ng simbolo na nauugnay sa Blue Lives Matter, isang kontra-kilusang pro-pulis sa Black Lives Matter.　　Habang si Sweeney ay mayroon naunang nai-post bilang suporta sa kilusang Black Lives Matter, ilang sobrang online na sleuth ang naghanap sa mga Instagram account ng iba pang bisita sa party, at natagpuan higit pang mga larawan na nagtatampok ng mga replica na sumbrero ng MAGA, na humahantong sa marami na ipagpalagay na ang pamilya

2022-08-29Industriya

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