Balita sa Industriya ng Crypto at Market Trends

Ethereum Co-Founder Reacts to Merge PoS Criticism - BitcoinEthereumNews.com

EthereumEthereum Co-Founder Reacts to Merge PoS Criticism07 / 14 / 2022Balita ng Ethereum ng Bitcoin　　Others are taking this opportunity to make snarky remarks on Twitter, which prompted a response from Vitalik Buterin, a co-founder of Ethereum.　　Ang ilang mga tao ay naniniwala na Ethereums upcoming shift to proof-of-stake (PoS) may push the platform to eventually surpass Bitcoin (BTC). Other people are taking this opportunity to make snarky remarks on Twitter.　　Nick Payton, a Bitcoin user, criticized Proof of Stakers in a tweet and said that the ability to vote on whether or not to modify the attributes of PoS platforms is evidence that PoS assets are securities.　　Bilhin ang Dip NgayonAng iyong kapital ay nasa peligro.　　Buterin provided a response to the piece, in which he labelled Paytons assertions as an unadulterated and blatant falsehood. Buterin claims that Proof-of-Stake (PoS) does not incorporate voting on the parameters of the protocol, just as Proof-of-Work (PoW) does not.　　Buterin also noted that nodes in proof-of-work and proof-of-stake systems will reject incorrect blocks.　　Doubts Arise On PoS　　The previous week, author Jimmy Song similarly attacked Proof of Stake, calling into doubt the decentralized nature of the consensus method. Song maintains that the process does not address the issue concerning the

2022-07-14Ethereum

Analyst Warns of Massive Bitcoin Plunge to Four-Figure Level As Crypto Reaches ‘Uncharted Territory’ - BitcoinEthereumNews.com

Bitcoin cryptoNagbabala ang Analyst sa Napakalaking Bitcoin Plunge sa Four-Figure Level Habang Naabot ng Crypto ang Uncharted Territory07 / 14 / 2022Balita ng Ethereum ng Bitcoin　　A popular crypto trader warns Bitcoin (BTC) could nosedive as the crypto market encounters severe macroeconomic headwinds.　　Crypto analyst na si Justin Benett nagsasabi his 10,600 YouTube subscribers that a bearish flag pattern forming on Bitcoins chart suggests the leading digital asset could plunge to a price target of around $8,500.　　There is a pattern thats setting up now. You can see where we have a much smaller bear flag pattern that is developing…　　The objective in this case is right around $8,500. Just above $8,000.　　Benett says drawing a trend line starting from the high of 2017 to the present also suggests Bitcoin could plunge to under $10,000.　　If we draw a trend line off of the previous cycle peak, off of this high back here, you can see that we do get an area between $8,000 and $9,000.　　Now I realize that this trend line is not all that significant. However, what I do find interesting is the fact that BTC has every single cycle put in a trend line similar to that.　　The crypto trader says that unlike in

2022-07-14Industriya

Bitcoin Production Cost Dropped To $13K, Says JP Morgan. What Does This Mean for BTC Price? - BitcoinEthereumNews.com

BitcoinAng Gastos sa Produksyon ng Bitcoin ay Bumaba Sa $13K, Sabi ni JP Morgan. Ano ang Ibig Sabihin nito para sa Presyo ng BTC？07 / 14 / 2022Balita ng Ethereum ng Bitcoin　　Since reaching a peak of around $69,000 in November, Bitcoin has had trouble. From the Federal Reserve raising interest rates to fight inflation to the cryptocurrency industry experiencing high-profile blowups like Terra/Luna and Three Arrows Capital, BTC is down around 70% year to date. For over a month, the largest token has been range bound close to $20,000.　　Now according to JPMorgan Chase & Co., the cost of producing bitcoin has decreased from around $24,000 at the begining of June to roughly $13,000 at the moment, which may have an adverse effect on pricing.　　According to a note published on Wednesday by strategists led by Nikolaos Panigirtzoglou, the decrease in the production cost estimate is almost entirely attributable to a decrease in electricity use as measured by the Cambridge Bitcoin Electricity Consumption Index.　　They contend that rather than a mass exodus of inefficient miners, the move is consistent with miners attempts to maintain profitability by deploying more effective mining rigs. They add that it can be viewed as a barrier to pricing

2022-07-14Industriya

Ethereum: The yin-yang of Merge and ETHs negative price action - BitcoinEthereumNews.com

EthereumEthereum: The yin-yang of Merge and ETHs negative price action07 / 13 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum [ETH], the largest altcoin, remained in a bearish zone as it stood below the $1,150 support zone, at press time. It suffered a fresh 2% correction as it traded closer to the $1,000 mark at the time of writing. ETHs prices have been trading within a range for quite some time now.　　But are investors making a profit in the current market structure as the highly anticipated Pagsamahin draws closer？　　Anuman ang kinakailangan　　ETH has witnessed an ‘improved’ sentiment in the past three weeks given the inflows in the Ether-based products. Meanwhile, HODLers have taken this opportunity to understand the market better.　　According to Glassnode data, the number of addresses holding 10+ Ethereum (ETH) has hit a 16-month high of 149,448.　　Pinagmulan: Glassnode　　This clearly shows the fact that despite the hiccup, HODLers continued to buy the dip. Not just this, but HODLers even chose to stake their holdings.　　Consider the following scenario- Data from Glassnode suggests that the number of ETH addresses with over 32 ETH has surged to a 16-month high of 116,774. In order to be a validator on Ethereum 2.0, the proof of stake (PoS)

2022-07-14Ethereum

Ethereum inflows increase amid speculations on The Merge - BitcoinEthereumNews.com

EthereumTumataas ang pag-agos ng Ethereum sa gitna ng mga haka-haka sa The Merge07 / 13 / 2022Balita ng Ethereum ng Bitcoin　　The Ethereum Merge is slated to happen later this year. The Merge is an eagerly-awaited process by the Ethereum community, as it will see the network transition from a proof-of-work consensus to proof-of-stake.　　Institutional investors have expressed notable interest in Ethereum as the Merge nears. Ethereum‘s transition to PoS is expected to threaten Bitcoin’s dominance in the crypto space due to the energy demands of PoW algorithms.　　Institutional investors express interest in Ethereum　　On June 13, Ether prices dropped again in tandem with the ongoing bear market. However, there are signs that institutional investors are becoming more interested in the largest altcoin as the Merge to transition Ether to PoS nears.　　Bumili ng Ethereum NgayonAng iyong kapital ay nasa peligro.　　CoinShares pinalaya its digital asset fund flows weekly report showing that Ether-based products recorded massive inflows for the third consecutive week. Institutional Ether-based funds reported inflows of $7.6 million, while Bitcoin funds reported outflows of $1.7 million.　　While analyzing the increased Ether inflows, CoinShares said that the activity suggested that the market sentiment was changing. Moreover, the token had witnessed 11 consecutive weeks of outflows, with

2022-07-14Ethereum

Axie Infinity Sales Record A Massive Slump, Losing Over $120 Million - BitcoinEthereumNews.com

TeknolohiyaAng Axie Infinity Sales ay Nagtala ng Malaking Pagbagsak, Nawala ang Mahigit $120 Milyon07 / 13 / 2022Balita ng Ethereum ng Bitcoin　　Before now, Axie Infinity had maintained a solid foothold in the non-fungible token (NFT) space. Through massive sales, it stood as one of the leading and most successful NFT collectibles. The network had recorded almost $4.08 billion in sales volume. But June 2022 sales seem to be a mockery of its feats over the past year.　　Sky Mavis, a Vietnamese studio, launched Axie Infinity in March 2018. Its an online video game based on NFTs. The platform has gained popularity from using Ethereum-based tokens through its gaming economy. The gaming project runs on the Ronin blockchain.　　Mga Kaugnay na Pagbabasa | Inaasahan ng mga Namumuhunan sa Wall Street na Matamo ang Bitcoin ng $10,000, Posible ba Ito？　　The whole crypto industry keeps receiving blows, topped by discouraging news such as Coinbase selling users Geo data, making people even more suspicious about the market, and the NFT space looks no different.　　The platform centers on using Axies, the Pokemon-Esque creators. In the game, players could receive Axies, the virtual pets, and subsequently breed and raise them for future use. They serve as formidable tools

2022-07-14Industriya

Record Number Of MLB All-Stars May Move Before Trade Deadline - BitcoinEthereumNews.com

KabuhayanRecord Number Ng MLB All-Stars Maaaring Lumipat Bago ang Deadline ng Trade07 / 13 / 2022Balita ng Ethereum ng Bitcoin　　Slugging Cubs catcher Willson Contreras could be among a record number of All-Stars traded before ... [+] this years August 2 deadline. (AP Photo/Jeff Roberson)　　Copyright 2022 Ang Associated Press. Nakalaan ang lahat ng mga karapatan.n　　Making the All-Star team does not necessarily protect players from trades. In 2021, a record 10 players who made the team for the Denver game were traded before the deadline two weeks later.　　If rumors can be believed, that record is in jeopardy.　　With the deadline pushed back to August 2, teams have a few extra days to jockey for position – especially with playoffs expanded from 10 to 12 teams – or to jettison high-priced veterans in exchange for rookies with potential.　　Since all 30 teams must be represented at the game, even players from teams buried in the standings are All-Stars. But they may be changing addresses shortly after the season resumes.　　Among the All-Stars from non-contenders, closers Joe Mantiply of the Arizona Diamondbacks and Jorge Lopez of the Baltimore Orioles have both posted earned run averages below 2.00 – good enough to attract attention from contenders who need

2022-07-14Industriya

Cardano Founder Mocks Chinese Banking Crisis with Ironic Statement - BitcoinEthereumNews.com

Gamza Khanzadaev　　Cardano founder points out irony of traditional finance amid Chinas ongoing protests　　The founder of Cardano, famous crypto-entrepreneur Charles Hoskinson, ironically commented on the situation around Chinas banking system. Hoskinson expressed his regret that the world has no digital cash system that does not require reserve storage and is available anywhere in the world. With his statement, the Cardano founder, of course, alluded to cryptocurrencies and blockchain, which in his opinion are a real and valid alternative to traditional finance.　　If only we had some sort of digital cash system that doesnt require fractional reserve storage and is always available anywhere in the world… https://t.co/Hk6VoFySBi　　- Charles Hoskinson (@OHK_Charles) Hulyo 11, 2022　　What made the entrepreneur return to the ancient mantra of the crypto world, and whats up with Chinese banks？　　Since April 2022, four rural banks in central Chinas Henan province have frozen millions of dollars in deposits, threatening the livelihoods of hundreds of thousands of their customers at a time in which the economy has already been hit by pandemic restrictions. Later, concerned depositors staged demonstrations in Zhengzhou, the administrative center of the province. At moments of greater escalation, the Chinese authorities began to disperse the riot.　　The situation is really unpleasant, especially

2022-07-14Industriya

Ethereum Merge will not reduce gas fees, DeFi researcher says - BitcoinEthereumNews.com

EthereumEthereum Merge will not reduce gas fees, DeFi researcher says07 / 13 / 2022Balita ng Ethereum ng Bitcoin　　DeFi trader Vivek Raman, in a Twitter thread, has argued that Ethereums (ETH) anticipated Merge would not bring down the network fees as expected by many.　　Ang Ethereum Merge ay isa sa pinakamakapangyarihang catalyst sa kasaysayan ng crypto, at mabilis itong lumalapit　　Sa pag-abot natin sa endgame para sa ETH sa ilalim ng proof of work regime, talakayin natin ang 10 mahahalagang katangian ng post-Merge, patunay ng stake ETH:　　(0 / 11)　　— VivekVentures.eth ???????????? (@VivekVentures) Hulyo 10, 2022　　Mataas na bayarin sa gas　　According to his tweet, Ethereum‘s high gas fees are because of the increased block space demand and not a function of the “consensus mechanism.” He continued that the purpose of the Merge is to deprecate Ethereum’s proof-of-work consensus mechanism and replace it with proof-of-stake.　　1. Post Merge, ETH L1 fees will NOT come down　　The purpose of the Merge is to deprecate Ethereums PoW consensus mechanism and replace it with PoS. Fees are a function of blockspace demand, NOT consensus mechanism. For lower fees, use the L2s (already live) for execution　　(1 / 11)　　— VivekVentures.eth ???????????? (@VivekVentures) Hulyo 10, 2022　　He concluded that the network fees would not come

2022-07-14Ethereum

While Inflation Hits 9.1%, Bitcoin & Ethereum Plummets! - BitcoinEthereumNews.com

Bitcoin EthereumWhile Inflation Hits 9.1%, Bitcoin & Ethereum Plummets!07 / 13 / 2022Balita ng Ethereum ng Bitcoin　　The US consumer price index (CPI) data has been revealed, which stands at 9.1% from 2021. The data has made a major impact on both the traditional and crypto market. The two main drivers of the crypto market, Bitcoin and Ethereum, have tumbled down along with major other cryptocurrencies.　　Once the CPI results were out, the lead altcoin, Ethereum, had bottomed around $1,019. However, right now the currency has recovered as it is selling around $1,088 with an increase of 1.84% in the last 24hrs.　　Over the last one month, Ethereum price has seen a dip of around 15%. On the other hand, though Bitcoin has lost its $20,000 price levels, the flagship currencys trading volume has surged by 14% trading at $31.8 billion. At the time of writing, Bitcoin is changing hands at $19,823.　　The data from Coinglass states that the liquidation of Ethereum has hit $49 million over the last 4 hours whereas Bitcoins liquidation stands at $33 million during the same time. Also Solana (SOL) has recorded $3.43 million liquidation.　　Inflation Hits 9.1% For June　　As per the expectations, the CPI figures were supposed to be

2022-07-14Bitcoin

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