Think You’re Down Bad? This Ethereum Wallet Got Liquidated Over 71,800 ETH - BitcoinEthereumNews.com

EthereumThink Youre Down Bad? This Ethereum Wallet Got Liquidated Over 71,800 ETH06 / 20 / 2022Balita ng Ethereum ng Bitcoin  Most investors in the crypto market have been feeling the heat ever since digital assets like Ethereum began their downtrend. Being more than 70% down from its all-time high, its no secret that a good number of investors are held holding Ethereum bags that are currently in the loss. However, there are some that have been hit incredibly hard in this market. Mostly due to the absolutely degenerate positions that they have taken in the market.  Ethereum Wallet Loses 71,863 ETH  With the price of Ethereum falling below $1,000 has come a number of not-so-good implications for those invested in the cryptocurrency. While some have just held the coins and as such have seen the dollar value of their holdings plummet, others have usually taken a riskier route which has led to massive losses for them.  Mga Kaugnay na Pagbabasa | Ang Ethereum Denominated Open Interest ay Lumalakas Habang Bumababa ang Presyo  One of these is a wallet that held more than 71,800 in a collateral position on a decentralized borrowing protocol known as Liquity. The liquidation value for this position had been Ethereum had

2022-06-20Ethereum

What Ethereum use case can make ETH a $500B market-cap asset? Community answers - BitcoinEthereumNews.com

EthereumAnong kaso ng paggamit ng Ethereum ang maaaring gawing $500B market-cap asset ang ETH? Mga sagot ng komunidad06 / 20 / 2022Balita ng Ethereum ng Bitcoin  While Ethers (ETH) price dip over the weekend may have left investors worried about the digital asset, community members on Reddit discussed use cases of the asset that could push its price upward.  In r/Ethereum, a Reddit user tinanong fellow community members how ETH could reach a market capitalization of $500 billion. Criticizing the use of smart contracts for real estate, the Redditor noted that they had not seen a convincing case that could solidify ETHs value, like how Bitcoin (BTC) is viewed as a replacement for gold.  Redditor u/WarhorseLand Inaalok a rebuttal to the original posters perspective on smart contracts and real estate. According to u/WarhorseLand, while there have been no applications yet, the real estate industry can prevent “closing day wire fraud” through the security offered by smart contracts.  Additionally, u/WarhorseLand argued that universal trustless authentication is “the best use case” for smart contracts. The Redditor believes that a use case letting people prove who they are without a doubt could spur positive price action for the digital asset.  Redditor u/SgtHappyPants dinala several use cases, including decentralized

2022-06-20Ethereum

Ethereum Longs Spike – Trustnodes - BitcoinEthereumNews.com

EthereumEthereum Longs Spike – Trustnodes06 / 20 / 2022Balita ng Ethereum ng Bitcoin  Bets on ethereum rising on one of the biggest crypto exchange, Bitfinex, have risen to their highest level since November 2021.  Theyve almost tripled since the begining of this month, with 405,000 eth, worth about half a billion, now going long.  Thats up from ◊130,000 on the 6th of May. Another jump on June the 1st sent it from ◊170,000 to ◊270,000.  As eths price continued to fall, a further spike on the 13th of June increased longs to ◊320,000.  Then the plunge below $1,000 this weekend upped them above ◊400,000 for the first time since ethereum began to fall.  Shorts by comparison have dived lower and lower, from 260,000 eth on the 9th of May to now just ◊22,000.  So the market clearly thinks ethereums price is currently at the lower range, and is even undervalued to some extent.  Few are willing to short here with a longer term view, and the more it falls the more are willing to long in the expectation that eventually theyll be right.  These are Bitfinex longs, so low margin and usually with a calculation of months or sometime even years.  Some of them consider it like taking out a

2022-06-20Ethereum

BTC Taps $20K, ETH Soars 16% Daily and Reclaims $1K (Market Watch) - BitcoinEthereumNews.com

Bitcoin EthereumBTC Taps $20K, ETH Soars 16% Daily and Reclaims $1K (Market Watch)06 / 20 / 2022Balita ng Ethereum ng Bitcoin  After several consecutive days of freefalls and new multi-yearly lows, bitcoin finally bounced off and jumped to and beyond $20,000. The altcoins have also turned green today, with ETH spiking by double digits to north of $1,000.  Ang BTC Taps ay $ 20K  The past week or so didnt go all that well for the primary cryptocurrency, which dropped from over $30,000 to below $20,000 within this timeframe. This past weekend was particularly harmful as BTC slumped below the 2017 all-time high and kept diving to new bottoms.  This culminated in a pagtatambak ng presyo towards $17,500 on Sunday morning, resulting in over $600 milyon ang halaga ng mga pagpuksa from over-leveraged traders.  However, the asset reacted well to this massive correction and new 18-month low. It started to recover some ground in the following hours and is currently hovering at just over $20,000, meaning that it has gained almost $3,000.  As a result, its market capitalization has neared $400 billion, and its dominance over the alts is above 43%.  BTCUSD. Pinagmulan: TradingViewAltcoins See Green, ETH Explodes  The alternative coins suffered just as badly as bitcoin in

2022-06-20Ethereum

ETH and XRP Expected to Rise Despite Market Slide – crypto.news - BitcoinEthereumNews.com

crypto EthereumETH and XRP Expected to Rise Despite Market Slide – crypto.news06 / 19 / 2022Balita ng Ethereum ng Bitcoin  Cryptocurrencies‘ price decline continued on Friday, as the Federal Reserve raised interest rates for the second time in less than a week. Bitcoin, which is the world’s largest digital currency, lost more than 1% to around $20,933. Other digital coins such as Solana and Avalanche have also taken a price slump.  Ethereum Might Rise Afterall  The price of Ethereum is showing signs of relief as investors and traders adjust to the new environment of rising inflation. Although it is not yet clear how this will affect the long-term trend, it is believed that there is less disposable cash in cryptocurrencies, which could mean that the bulls can still push the price higher. Looking for a potential sideways patch or a break above the resistance at $118, ETH is still searching for direction.  The price of Ethereum is in an unusual pattern, with bulls taking advantage of the lack of support at around $1,243.89 to push its price higher. The question is whether the bulls have already burned enough cash to reach this level or if they are waiting for a breakout.  The ETH price could

2022-06-20Ethereum

Ethereum [ETH] investors, watch out for this level to look for recovery - BitcoinEthereumNews.com

EthereumMga namumuhunan sa Ethereum [ETH], mag-ingat sa antas na ito upang maghanap ng pagbawi06 / 19 / 2022Balita ng Ethereum ng Bitcoin  Disclaimer: Ang mga natuklasan ng sumusunod na pagtatasa ay ang nag-iisang opinyon ng manunulat at hindi dapat isaalang-alang na payo sa pamumuhunan  As macro-economic uncertainties fueled market-wide corrections, the crypto-markets capitalization plunged below $900 billion.  Over the week, Ethereum [ETH] broke down into high volatility after losing its $1,700-support. The recent bearish engulfing has significantly tarnished buying ability under the current market dynamics.  The fall below the $ 1,000-support level pulled ETH to its January 2021 lows. Any near-term bullish comebacks after the recent rejection of lower prices can help ETH test its immediate supply zone.  Sa press time, ang ETH ay nakikipagkalakalan sa $1,035.8, tumaas ng 4.11% sa huling 24 na oras.  ETH 12-hour Chart  Pinagmulan: TradingView, ETH/USD  Over this timeframe, ETH saw an evening star setup from the recent rejection of lower prices from the $1,000-support. A sustained close beyond the $$1,093-level could aid near-term buying efforts to test the bounds of its immediate supply zone.  In this case, the targets would lie in the $1,173-$1,129 range. However, the current candlestick would need to close as green to reaffirm the strength of the morning star

2022-06-20Ethereum

Bitcoin Rebounds Past $20K, Ether Soars Above $1,100 - BitcoinEthereumNews.com

BitcoinBitcoin Rebounds Past $20K, Ether Soars Above $1,10006 / 19 / 2022Balita ng Ethereum ng Bitcoin  Huwag palampasin ang CoinDesk Consensus 2022, ang dapat dumalo sa crypto & blockchain festival experience ng taon sa Austin, TX ngayong Hunyo 9-12.  Bitcoin surged past $20,000 Sunday afternoon to $20,580 a coin, a 16.9% gain off its Saturday lows.  The rally comes just one day after bitcoin, the largest cryptocurrency by market capitalization, fell below $20,000, its lowest price since November 2020. As of press time, bitcoin was trading at about $20,383 a coin.  Bitcoin‘s price surge reflects traders’ renewed appetite for risk, even as the market continues to digest the fallout surrounding crypto lending giant Sentigrado at crypto investment firm Tatlong Arrow Capital.  “Willing buyers have been in cash waiting to buy cheap coins,” Jordi Alexander, CIO of Selini Capital, told CoinDesk in a Telegram message. “They have to determine if they will get to buy another 20% lower, or if this is their chance. If they wait too long, they will have to chase higher.”  “The key question is whether the forced selling we have seen is wrapping up, or if there are still distressed sellers,” added Alexander.  Bitcoin price data (CoinDesk).  Early Saturday, the price of bitcoin plummeted

2022-06-19Industriya

FBI warns of increase in LinkedIn cryptocurrency scams, CNBC reports - BitcoinEthereumNews.com

KabuhayanFBI warns of increase in LinkedIn cryptocurrency scams, CNBC reports06 / 19 / 2022Balita ng Ethereum ng Bitcoin  Scammers using LinkedIn for crypto investment schemes are a “significant threat,” Sean Ragan, FBI special agent in charge of the San Francisco and Sacramento, California, field offices told CNBC in an interview.  Ragan said the FBI has seen an increase in crypto fraud and has active investigations but could not comment about open cases.  Scammers create fake profiles and message LinkedIn users, gain their trust over time and eventually offer to help them make money through fraudulent crypto investments that drain their accounts, according to the report.  LinkedIn told CNBC that while there has been an uptick of fraud on its platform, “We work with peer companies and government agencies from across the world with the goal of keeping LinkedIn members safe from bad actors. If a member encounters or is the victim of a scam we ask that they report it to us and to local law enforcement.”  LinkedIn said it removed 32 million fake accounts in 2021 and its automated defenses caught 99.1% of spam and scams, a total of 70.8 million, in that same time period, according to the report.  The Global Anti-Scam Organization has

2022-06-19Industriya

Is the Stock Market Closed on Juneteenth? - BitcoinEthereumNews.com

KabuhayanSarado ba ang Stock Market sa Juneteenth?06 / 19 / 2022Balita ng Ethereum ng Bitcoin  U.S. stock markets will be closed to observe Juneteenth for the first time in history.  The New York Stock Exchange and Nasdaq will shut down on Monday, June 20, in observation of the newest federal holiday, adding it to the list of market holidays that also includes Thanksgiving Day and Christmas Day.  Juneteenth—also known as Emancipation Day, Black Independence Day and Jubilee Day—commemorates the end of slavery in the U.S. Heres what to know about which markets are closed for Juneteenth.  Is the U.S. stock market open for Juneteenth?  The stock market will be closed on Monday to observe the holiday, which this year falls on a Sunday.  U.S. stock exchanges decide on stock-market holiday schedules in coordination with regulators. The New York Stock Exchange, owned by  Intercontinental Exchange Inc..  n Yelo -4.77%n  , and other stock exchanges in the U.S. will be closed, including Nasdaq and  Ang Cboe Global Markets Inc.  n CBOE 0.26%n  The NYSE had indicated in 2021 that it would this year adopt Juneteenth as a holiday, after reaching out to market participants to seek consensus on the holiday.  Are bond and commodities markets closed for Juneteenth?  The U.S. bond market will close, pausing the

2022-06-19Industriya

What to know about Bitcoins pricing model and whether BTC will be part of it - BitcoinEthereumNews.com

BitcoinWhat to know about Bitcoin‘s pricing model and whether BTC will be ’part of it06 / 19 / 2022Balita ng Ethereum ng Bitcoin  Popular anti-crypto proponent Peter Schiff is once again making headlines following his latest prediction. The Euro Pacific Capital Inc. CEO recently claimed that he expects the future of the crypto-industry to be quite different from what it has been. He also notably added that he does not expect Bitcoin [BTC] to be part of cryptocurrencys future.  “Crypto likely has a future, but Bitcoin will not be a part of it.”  The statement was part of a tweet one wherein he talked about the state of the crypto-market following the latest crash. Schiff had predicted that Bitcoin was a bubble during last years rally and that it would eventually pop, triggering a price drop. Fast forward to present-day and it would seem that his prediction has come to fruition.  Schiff‘s statement received a mixed bag of reactions. Some agreed with his point of view, especially after BTC’s price drop since last year. The opposing camp, however, was up in arms with criticism, with some going as far as mocking his beliefs about Bitcoin.  In fact, one correspondent stated that Schiffs statements were about

2022-06-19Bitcoin
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