Balita sa Industriya ng Crypto at Market Trends

Ethereum: Expect this from ETH after the low volatility phase - BitcoinEthereumNews.com

EthereumEthereum: Expect this from ETH after the low volatility phase07 / 14 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum [ETH] insisted on its sideways momentum while its market consolidated over the last month. Post the bearish flag breakdown, buyers have not been able to break the bonds of the daily 20 EMA (red) resistance.　　Further, the trendline resistance (white, dashed) has kept the alts peaks under bearish control for over three months.　　Should the current candlestick see a robust close below the $1,045 support, ETH could eye an extended downside in the coming sessions. Any rebound from this level would likely continue the squeeze phase before an explosive break. At press time, the alt was trading at $1,222.5, up by 3.47% in the last 24 hours.　　ETH Araw-araw na Tsart　　ETHs long-term trendline resistance has reliably rebutted the buying efforts by keeping them under a strong check for over three months. Also, the 20 EMA (red) has maintained its resistance and exhibited a bearish influence.　　The coin lost nearly 70% of its value over the last few months (since early May). As a result, the alt gravitated toward its 17-month low on 18 June. Since then, the king alt has been consolidating in the $1,232-$1,045 range.　　Should

2022-07-15Ethereum

GameStop NFT Marketplace Launches Beta, Nearly Doubles Total Coinbase NFT Ethereum Sales in Just Two Days - BitcoinEthereumNews.com

Ethereum Mga NFTGameStop NFT Marketplace Launches Beta, Nearly Doubles Total Coinbase NFT Ethereum Sales in Just Two Days07 / 14 / 2022Balita ng Ethereum ng Bitcoin　　Retail giant GameStop is launching the beta version of its non-fungible token (NFT) marketplace, already outpacing one prominent competitor.　　Though GameStop released its NFT marketplace just two days ago, it has already nearly doubled the total amount of Ethereum (ETH) NFT sold over Coinbases NFT marketplace, which launched months ago.　　Ayon sa data from GameStop, its NFT marketplace has so far seen over 3,000 ETH in trading volume, worth about $3.4 million at time of writing.　　Statistics from crypto data provider Dune Analytics reveals that Coinbase‘s NFT marketplace in contrast isn’t doing so hot.　　Since it launched in May, Coinbases digital collectibles store has hauled in about 1,700 ETH worth of trading volume, valued at about $1.8 million at time of writing.　　In comparison, OpenSea, the worlds largest NFT marketplace, so far has sa ibabaw $4 million in ETH trading volume today alone.　　The video game giant initially anounced its plans to lumikha an NFT marketplace in February, partnering up with Ethereum-based layer 2 scaling solution Immutable X (IMX).　　In March, GameStop also anunsyado they would partner up with Loopring (LRC), another

2022-07-15Ethereum

Bit Digital mined no ETH in June - BitcoinEthereumNews.com

EthereumBit Digital mined no ETH in June07 / 14 / 2022Balita ng Ethereum ng Bitcoin　　Bit Digital mined 67.6 bitcoin (up 26.6% month-over-month) and no ether in June.　　As of June 30, the company held 860.7 BTC and 313.6 ETH in its treasury, according to an operational update published Tuesday.　　Bit Digital had mined 27 ETH in May and 77.32 the month before that. As of May 31, the company had anounced that it had zero Ethereum miners deployed.　　The company owns 38,135 bitcoin miners and 731 Ethereum miners, which together make up a total hash rate of 2.7 exahashes per second (EH/s) and 0.3 TH/s, respectively. However, only a part of this fleet has been deployed.　　As of July 3, 1.06 EH/s in bitcoin mining had been deployed, partly due to the completion of a hash rate swap agreement with Riot and a hosting deal with Coinmint.　　© 2022 Ang Block Crypto, Inc. Lahat ng Karapatan ay Nakareserba. Ang artikulong ito ay ibinigay para sa mga layuning pang-impormasyon lamang. Hindi ito inaalok o inilaan upang magamit bilang ligal, buwis, pamumuhunan, pinansiyal, o iba pang payo.　　Tungkol sa May-akda　　Si Catarina ay isang reporter para sa The Block na nakabase sa New York City. Bago sumali sa team,

2022-07-15Ethereum

Bitcoin Whale Supports Ethereum Amid This Crypto Havoc - BitcoinEthereumNews.com

Bitcoin crypto EthereumSinusuportahan ng Bitcoin Whale ang Ethereum sa gitna ng Crypto Havoc na ito –07 / 14 / 2022Balita ng Ethereum ng Bitcoin　　Si Anubhav B ay nagtatrabaho bilang isang pangunahing manunulat para sa The Coin Republic mula noong 2021. Gusto niyang mag-ehersisyo ang kanyang kakaibang mga kalamnan at magsaliksik nang malalim sa isang paksa. Bagamat sinasaklaw niya ang ibat ibang aspeto ng industriya ng crypto, masigasig siya sa Web3, NFTs, Gaming, at Metaverse, at inaakala niya ang mga ito bilang kinabukasan ng (digital) na ekonomiya. Isang pusong mambabasa at manunulat, tinawag niya ang kanyang sarili bilang isang karaniwang manlalaro ng gitara at isang masayang footballer.

2022-07-15Ethereum

Ethereum price analysis: ETH swiftly spikes to $1,000, reacts above $1,100 - BitcoinEthereumNews.com

EthereumEthereum price analysis: ETH swiftly spikes to $1,000, reacts above $1,10007 / 14 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum price analysis is bullish today as we have seen a strong reaction higher from the last spike lower. Therefore, bulls will likely take a pause over the next hours before another push higher is seen later in the day.　　Mapa ng Cryptocurrency heat. Pinagmulan: Coin360　　The market has traded in the green over the last 24 hours. The leader, Bitcoin, gained 3.02 percent, while Ethereum gained almost 5 percent. Meanwhile, the rest of the top altcoins saw mostly even better results, with Uniswap being the top performer.　　Ethereum price movement in the last 24 hours: Ethereum sets a clear reversal sign　　ETH/USD traded between $1,019.22 to $1,120.32, indicating strong volatility over the last 24 hours. Trading volume has increased by 11.18 percent, totaling $16.45 billion, while the total market cap trades at $132.13 billion.　　ETH/USD 4-hour chart: ETH looks to advance further？　　On the 4-hour chart, we can see a slight pullback over the past hours, which, if further downside does not follow, will offer a good setup for the next move higher later in the day. Once the momentum starts going, ETH/USD should see a push

2022-07-14Ethereum

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

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