Blue Skies in Sight for Solana, Decentraland and One Ethereum Altcoin, Says Top Analyst – Here Are His Targets - BitcoinEthereumNews.com

crypto EthereumBlue Skies in Sight for Solana, Decentraland and One Ethereum Altcoin, Says Top Analyst – Here Are His Targets08 / 01 / 2022Balita ng Ethereum ng Bitcoin  A popular crypto strategist says that he sees blue skies in the short term for a trio of altcoins including smart contract protocol Solana (Sol) and virtual reality platform Decentraland (MANA).  Pseudonymous analyst Cantering Clark nagsasabi his 141,400 Twitter followers that hes bullish on Ethereum (ETH) competitor Solana, which he says has recently broken its diagonal resistance and successfully retested it as support.  “Still waiting on SOL to rip to the sol.”  Source: Cantering Clark / Twitter  According to the crypto strategist, a move above $45 for SOL bubukas the door for a rally to $60. At time of writing, Solana is changing hands for $42.83.  The next coin that caught the traders eye is Decentraland. Cantering Clark says MANA is gearing up to take out its immediate resistance at $1.03.  New 30-day high coming if we can push just a little more.  Crypto loves a cooked and coiled up breakout trade. If MANA can close through blue, it should be blue skies for a bit.  Source: Cantering Clark / Twitter  Based on the analyst‘s chart, a move above $1.03 sets up

2022-08-01Ethereum

Ethereum Classic up over 150% in July as ETH 2.0 draws closer - BitcoinEthereumNews.com

EthereumTumaas nang mahigit 150% ang Ethereum Classic noong Hulyo habang papalapit ang ETH 2.008 / 01 / 2022Balita ng Ethereum ng Bitcoin  Ethereum Classics (ETC) value increased by over 150% in July, making it one of the top performing digital assets of the month.  The asset was trading at $36.50 as of press time after shedding over 11% in the last 24 hours.  Interest in the asset reached a crescendo when Ethereum (ETH) developers revealed the date for The Merge, leading to the increased possibility of miners being pushed out of the network.  Ethereum will no longer be mineable after its transition to a proof-of-stake network is completed. Validators will use existing ETH to validate blocks which will create new ETH and yield staking rewards after the merge.  Meanwhile, ETC is a hard-forked version of Ethereum after The DAO hack of 2016.  Miners could move to Ethereum Classic  Several experts have revealed that miners leaving Ethereum could find a new home in Ethereum Classic because the sister blockchain is supposedly compatible with Ethereum mining equipment.  Ethereum co-founder Vitalik Buterin first shared the possibility of miners migrating to Ethereum Classic during a recent event in Paris.  Buterin reportedly Sinabi developers and users unsure about the Merge to return to the

2022-08-01Ethereum

Gnox (GNOX) Presale Phase Three Fast Approaching Sell Out, Ethereum (ETH) And Avalanche (AVAX) Resisting Upwards Price Movement - BitcoinEthereumNews.com

EthereumGnox (GNOX) Presale Phase Three Fast Approaching Sell Out, Ethereum (ETH) And Avalanche (AVAX) Resisting Upwards Price Movement08 / 01 / 2022Balita ng Ethereum ng Bitcoin  As its launch date approaches, Gnox is attracting interest from all corners of the ecosystem during its three presale stages. Whales are very interested in this low-touch DeFi earning solution, which is scheduled to launch in Q3.  The potential of the Gnox project has been repeatedly emphasized by analysts as it enters its third presale phase, which is coming to an end. It appears that a number of investors have already realized this, as evidenced by the second presale phases complete sellout.  Ano ang Gnox (GNOX)ïŒŸă€€ă€€The protocols best-kept secret is the Gnox treasury. It is used in tried-and-true DeFi protocols to generate income for investors. All of the generated yields are converted into stablecoin each month and distributed to investors according to the number of Gnox tokens they own.  This treasury, which is financed by buy and sell taxes, will expand as Gnox is traded more, increasing its capacity to produce income. This implies that as the treasury grows over time, Gnox holders will receive higher stablecoin payouts. The Avalanche and Solana whales were attracted to the protocol

2022-08-01Ethereum

Ethereum [ETH] and the question of whether we can expect March all over again - BitcoinEthereumNews.com

EthereumEthereum [ETH] at ang tanong kung maaari nating asahan na muli ang Marso08 / 01 / 2022Balita ng Ethereum ng Bitcoin  If you zoom out ETHs chart, you will notice that its performance in July has similarities with its performance in March. Could this performance offer some insights into how ETH will perform in AugustïŒŸă€€ă€€ETHs latest rally kicked off in mid-July and managed to push the crypto up by as much as 74%. More importantly, its price seemed to be stuck in a low-volatility range after its sharp crash from April to June.  Similarly, ETH rallied by roughly 42% from around mid-March, after being stuck in a low-volume range. It was preceded by a sharp crash between November 2021 and January 2022.  If ETH follows a similar pattern as it did in March, then August should deliver a bearish performance. Although this is entirely possible, most of the dynamics currently driving its price action are different now, compared to what was the case in March.  The two sides of the coin  One of the main differences is that ETH has almost doubled its drop from the ATH. Ethereum plans to roll out the final testnet called Goerli towards the end of the first week of

2022-08-01Ethereum

Expert Predicts Ethereum (ETH) Entry Points For Retail, Institutions, Hedge Funds - BitcoinEthereumNews.com

EthereumExpert Predicts Ethereum (ETH) Entry Points For Retail, Institutions, Hedge Funds08 / 01 / 2022Balita ng Ethereum ng Bitcoin  The Ethereum (ETH) price skyrocketed last week, making a high of $1774 despite the U.S. Fed rate hike and negative GDP report. While ETH price is moving sideways with the fundamentals staying strong, crypto expert Raoul Pal asserts the Ethereum rally will continue over the $2000 level as hedge funds, retail and institutional investors look to jump in.  Raoul Pal Believes Crypto Strong Amid Big Picture Macro  Investment strategist and macroeconomics expert Raoul Pal in a tiririt on August 1 claims crypto will outperform other assets. Especially, Ethereum (ETH) looks stronger than Bitcoin (BTC) due to the Merge and rise in network activities.  The general sentiment is that markets may retest low levels due to bad macro conditions. In fact, people who invest in cryptocurrencies had turned part of their crypto investments into cash. Raoul Pal noted that hedge funds, retail, institutions, and family offices are underweight on crypto.  Ethereum (ETH) is likely to stay strong above the $1500 psychological level and rally higher. Hedge funds have already started pouring funds into Ethereum, making buy calls for ETH to break $1800 and reach the $2000 psychological

2022-08-01Ethereum

What is Lido Finance? Step by Step- How to Stake Ethereum on Lido Finance - BitcoinEthereumNews.com

EthereumWhat is Lido Finance Step by Step- How to Stake Ethereum on Lido Finance08 / 01 / 2022Balita ng Ethereum ng Bitcoin  In the financial world, some people chase high-risk assets because they also deliver high returns. They also tend to merge those risky assets with secure ones, to lower their risk. Conventionally, investors used to have savings accounts that offered them interests. In today‘s economic world, developed nations’ interest rates average around 2% per year. This article is all about what is Lido Finance and how to stake lido finance. Lets take a look.  Ano ang Lido FinanceïŒŸă€€ă€€According to its website, Lido is a liquid staking solution for ETH-supported staking providers. Lido allows users to stake their ETH – without latching assets or upholding infrastructure – whilst partaking in on-chain movements, e.g. lending. Lido tries to solve the issues related to earlier ETH staking such as illiquidity, immovability, and accessibility.  How Does Lido Staking WorkïŒŸă€€ă€€When utilizing Lido to stake ETH on the Ethereum beacon chain, users will obtain a token (stETH), which describes their ETH on the Ethereum beacon chain on a 1:1 ground. It actually functions as a bridge carrying ETH 2.0s staking prizes to ETH 1.0.  As a user‘s betted ETH

2022-08-01Ethereum

The Stock Market Is Rallying. Here’s What Could Make it Tumble Again. - BitcoinEthereumNews.com

KabuhayanNagra-rally ang Stock Market. Narito Kung Ano ang Maaaring Magpagulong Muli.08 / 01 / 2022Balita ng Ethereum ng Bitcoin  Laki ng tekston n  A worse than expected CPI results could derail stocks.  n Mga Larawan ng Scott Olson / Gettyn n  While the stock market has enjoyed an impressive run of late, the party could end when the next inflation result comes out in early August.  Ang  n n S&P 500n n has gained 13% since hitting its lowest close of the year in mid June, mounting a broad rally that features more than just a handful of stocks. The technology-heavy  n n Nasdaq Compositen n is up 16% from its mid June low, and the  n Russell 2000 index of stocks with smaller market capitalizations has risen 14%.  The main force behind that has been investors view that the Federal Reserve will begin to slow down the sharp increases in interest rates it has been rolling out as it seeks to lower the rate of pagpintog by curbing economic demand. While the Fed will likely raise its target for the benchmark lending rate at its next few policy-setting meetings, the probability that it lifts the rate to above 3.5% by February has gone down to 17% from a

2022-08-01Industriya

Bitcoin, Ethereum, Nexo, and Holo Daily Price Analyses – 31 July Roundup - BitcoinEthereumNews.com

Bitcoin EthereumBitcoin, Ethereum, Nexo, and Holo Daily Price Analyses – 31 July Roundup07 / 31 / 2022Balita ng Ethereum ng Bitcoin  The global crypto market has remained bearish over the last day, but there have been attempts to turn it bullish. Various coins like Bitcoin, Ethereum, etc., have made attempts to regain momentum. They have been successful in reducing their losses, but they will need to consolidate gains to move ahead. The change in pace will give the market the required momentum for recovery. It is yet to be seen how the investors will respond to this situation.  Though various companies in the market havent been able to maintain gains, the influx of newly founded companies continues. Dragonfly Capital has led the $3.5 million seed fund for Debt DAO. Debt DAO is a crypto credit protocol that will offer credit services to its customers. It provides revenue-based financing to crypto-native entities. The smart contract that it uses is named Spigot.  According to the company, Spigot secures a borrowers on-chain cash flow for the automatic repayment of lenders. Other companies that participated in the funding round were GSR, Numeus, Fasanara Capital, etc. According to the participants, debt is one of the main requirements missing

2022-08-01Ethereum

Ethereum, BNB Chain, or Tron - What do the latest TVL figures tell us - BitcoinEthereumNews.com

EthereumEthereum, BNB Chain, o Tron – Ano ang sinasabi sa amin ng pinakabagong mga numero ng TVL07 / 31 / 2022Balita ng Ethereum ng Bitcoin  From the east to the west, from the north to the south, from NFTs to Decentralised finance (DeFi), the negative impact of the crypto-winter has been undeniable.  in fact, according to DefiLlama, the DeFi ecosystem registered a 69% decline in total volume locked (TVL) on protocols across all chains in the first half of the year. However, on the back of a bullish retracement of late, an uptick has been spotted across the TVLs of major protocols. With a figure of $89.06 billion at press time, the markets TVL has grown by 18% in the last 30 days alone.  Now, how have the three leading chains – Ethereum, BNB Chain, and Tron – faredïŒŸă€€ă€€A tale of 3 chains  With a TVL of $57.21 billion, the Network ng Ethereum enjoys more than half (64%) of the entire TVL market share of $89.06 billion. In the first half of the year, the network noted a 69% decline. At the end of the second quarter, TVL on Ethereum stood at $46.11 billion.  With the last 30 days marked by a growth in TVL,

2022-08-01Ethereum

Ethereum [ETH]: All you should know about the full impact of its Merge reveal - BitcoinEthereumNews.com

Pinagmulan: Glassnode/ CoinMarketCap  Ano ngayon para sa ETHïŒŸă€€ă€€Ethereum has recovered wonderfully well from its second-worst performing month ever in June. Last month, ETH fell by 45.4% to end the month at around $1,000. It has recovered and in some style too! The top altcoin was trading just below $1,700 at press time, despite a slight dip of late.  Ergo, the crypto may be set to further attract investors, especially with Merge anticipation growing steadily across the market.

2022-08-01Ethereum
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