New York Bitcoin Mining Ban - Everything you need to know - BitcoinEthereumNews.com

BitcoinNew York Bitcoin Mining Ban – Everything you need to know06 / 04 / 2022Balita ng Ethereum ng Bitcoin  In what can only be considered a landmark decision related to mining, New York has enforced a ban on Proof of Work mining operations. The New York Bitcoin Mining ban poses a big question about the future of the Proof of Work mechanism, which many consider the most decentralized way to mine crypto. In this article, we cover everything you should know about this new bill.  Bitcoin mining has been an eyesore for many authorities. The first issue was the unfettered nature of the cryptocurrency, which they feared would undermine the traditional institutions. And while that is getting resolved due to rising calls to introduce regulations, another issue has persisted, the high energy consumption.  The latter part of the issue has been a major point of debate among New York Authorities. On May 26th 2022, the New York State Assembly passed the Bitcoin Morning Moratorium. Even though the bill was passed, several legislators were still undecided.  However, On June 3rd 2022, the lawmakers decided to pass the bill to ban those bitcoin mining operations that use non-renewable energy resources.  New York To become the First US

2022-06-04Bitcoin

Traders Can Expect Bitcoin (BTC) Price Rally By Year-End Only If This Happens - BitcoinEthereumNews.com

BitcoinTraders Can Expect Bitcoin (BTC) Price Rally By Year-End Only If This Happens06 / 04 / 2022Balita ng Ethereum ng Bitcoin  Lyn alden, a Macro analyst says Bitcoin trending at the lowest of $29,733 now can rally higher over coming months if it fulfills certain conditions. In response to the question raised in the Coin Stories interview Alden says, the Bitcoin price can reach its highest high if the Federal Reserve reverses its current hawkish monetary policy measures. Which includes raising interest rates and the unwinding of asset purchases.  She noted that: “I mean if you had a total capitulation like if you had a pivot in Fed policy and a reliquefaction of markets, its a pretty high volatility asset [Bitcoin]. So you could have a pretty big swing up. you could reset some highs.”  Lyn further describes that Bitcoin is currently performing in the short term, it could still print new lows. And he also highlights that the top crypto asset by its market cap is now trading at price levels favorable for long-term holders.  Noting: “I don‘t really have a high conviction if we’re going lower or not. It‘s not like Bitcoin necessarily bottoms as soon as the bottom of the economic

2022-06-04Bitcoin

BitMEX ex-CEO backs ETH to hit $10,000 - BitcoinEthereumNews.com

EthereumBitMEX ex-CEO backs ETH to hit $10,00006 / 04 / 2022Balita ng Ethereum ng Bitcoin  BitMEX ex-CEO Arthur Hayes has made a case for Ethereum ending the year trading at $10,000. However, the former exchange boss mentioned that things could go ugly by the middle of the year. According to Hayes, the digital asset has the biggest potential in the market due to specific positives. He also talked about the recent market crash that the Terra issue caused. The BitMEX ex-CEO mentioned that the Terra issue occurred because of the surge that the federal reserve rates witnessed.  BitMEX ex-CEO talks about the effects of Fed action  Ayon sa Arthur Hayes, Ethereum has the potential and backing to touch close to $10,000 on a bigger scale. Although the market has continued to suffer a drastic drop in prices, Hayes is confident that things would go back to normal soon enough. In his opinion, he feels that the central bank needs to take a backpedal in the way it approaches how it increases rates.  Hayes mentioned that Terra was bound to collapse due to the way the developers programmed the whole system. Although he questioned the role of the Fed on the issue, he mentioned that

2022-06-04Ethereum

Ethereum Layer-2 Optimism Records Nearly $1B in TVL Getting Second Place In ETH L2 Platforms, After OP Token Launch - BitcoinEthereumNews.com

EthereumEthereum Layer-2 Optimism Records Nearly $1B in TVL Getting Second Place In ETH L2 Platforms, After OP Token Launch06 / 04 / 2022Balita ng Ethereum ng Bitcoin- Advertising -  Optimism continues to record tremendous growth.  Following the launch of the governance token of Ethereum layer-2 scaling platform Optimism, the network has recorded a massive boost in the total value locked (TVL) on the platform.  According to data provided by L2BEAT, upon the launch of the Optimism OP token on May 31, 2022, Optimisms TVL soared to nearly $1 billion.  Optimism TVL Dipped Slightly  Optimisms TVL has surged 108.9% in the last seven days to $974 million. It is worth noting that the total value locked in various protocols based on Optimism had soared as high as $1.01 billion on June 2, 2022.  Recall that Optimism distributed the tokens in an airdrop to different beneficiaries. According to reports, 5% of the tokens supply was distributed to members of the community who quickly proceeded to offload the tokens in the market, thus causing its price to crash.  OP quickly plummeted from a high of $4.5 to a low of $1.20 at the time of its launch.  However, as the value of the cryptocurrency suffered massively following efforts from many beneficiaries

2022-06-04Ethereum

Inilunsad ng LocalCoinSwap ang Non-Custodial BNB Smart Chain Trading - BitcoinEthereumNews.com

TeknolohiyaInilunsad ng LocalCoinSwap ang Non-Custodial BNB Smart Chain Trading06 / 03 / 2022Balita ng Ethereum ng Bitcoin  Ang cryptocurrency ecosystem ay lumalawak, at ang mga pangangailangan ng mga mangangalakal ay patuloy na nagbabago. Bilang resulta, muling umunlad ang LocalCoinSwap upang tumugon sa pinakabagong mga kinakailangan ng mga mangangalakal ng P2P sa pamamagitan ng pag-aalok ng suporta para sa mga cryptocurrencies sa BNB Smart Chain na may parehong first-class na hindi pang-custodial na karanasan na kilala nila sa pagbibigay.  Kayat kung titingnan mo pa ang LocalCoinSwap, maaaring ito na ang perpektong oras para malaman kung bakit napakaraming mangangalakal ang lumilipat sa P2P marketplace na ito na may modernong ugnayan at dumaraming pagpipilian ng mga opsyon.  Ano ang LocalCoinSwap?  Ang LocalCoinSwap ay isang P2P marketplace na nagbibigay-daan sa iyong makipagpalitan ng mga cryptocurrencies sa mga mangangalakal mula sa buong mundo na may access sa 300+ na paraan ng pagbabayad. Ang P2P trading ay ligtas, pribado, at pinakamaganda sa lahat; ito ay sapat na simple na kahit sino ay maaaring gawin ito.  Sa LocalCoinSwap, maaari kang makipagkalakal gamit ang isang hanay ng mga pinakasikat na cryptocurrencies, kabilang ang USDT, USDC, BNB, BUSD, at DAI, sa BNB Smart Chain na may ganap na non-custodial trading at mga wallet.  Mahalaga ang

2022-06-04Industriya

Maker founder proposes endgame, Singapore explores DeFi and more - BitcoinEthereumNews.com

TeknolohiyaMaker founder proposes endgame, Singapore explores DeFi and more06 / 03 / 2022Balita ng Ethereum ng Bitcoin  The past week in the desentralisadong pananalapi (DeFi) ecosystem saw many new developments, including the rebirth of the Terra 2.0 blockchain. Meanwhile, Binances incubation platform Binance Labs launched a $500 million fund to support and promote Web3 adoption.  Singapores central bank partnered with JP Morgan to explore DeFi applications in wholesale funding markets by establishing tokenized bonds. KuCoin launched its very decentralized wallet with DeFi and nonfungible token support.  The top-100 DeFi tokens showed signs of a breakout from a month-long bearish trend, with most of the tokens showing overall gains in the past seven days.  Ang tagapagtatag ng Maker ay nagmumungkahi ng mga MetaDAO at synthetic na ETH sa Endgame Plan  MakerDAO co-founder Rune Christensen has issued a new monumental proposal to push the project into its final form called The Endgame Plan.  Across 3,000 words, including 35 detailed infographics, Christensen explained that the current model of governance at Maker creates a deadlock, making it difficult for the protocol to effectively process “complicated real-world financial deals” and compromising its competitiveness with financial institutions.  Magpatuloy sa pagbabasa  Binance Labs $500M fund to catalyze crypto, Web3 and blockchain adoption  Binance Labs, the investment

2022-06-04Industriya

Most Cryptocurrencies Might Collapse, But Bitcoin and Ethereum Will Outlast All: FTX US CEO - BitcoinEthereumNews.com

Bitcoin EthereumMost Cryptocurrencies Might Collapse, But Bitcoin and Ethereum Will Outlast All: FTX US CEO06 / 03 / 2022Balita ng Ethereum ng Bitcoin  Na may higit sa 19,000 digital asset in the crypto space and dozens of blockchain platforms, Brett Harrison, CEO of cryptocurrency exchange FTX U.S., said that hundreds of these might not last. All of these cryptocurrencies are unlikely to survive, in his view.  “When you think about the blockchains…there probably won‘t be hundreds of different blockchains in 10 years, I think there’ll be a couple of clear winers for different kinds of applications,” Harrison told CNBC. “And well see the market…sort that out over time,” he continued.  Others in the cryptocurrency industry believe that thousands of cryptocurrencies will go extinct and that the number of blockchains will decrease in the next years.  Only “scores” of cryptocurrencies may exist in the future, according to Brad Garlinghouse, CEO of fintech company Ripple. Guggenheim Chief Investment Officer Scott Minerd, who previously projected that Bitcoin might fall to $8,000, also indicated that most crypto is “junk,” but Bitcoin and Ethereum will survive.  Ads  Spotlight turns to cryptocurrencies  The recent market-shocking pagbagsak of Terras algorithmic stablecoin UST and its sister token LUNA has focused attention on the myriad cryptocurrencies

2022-06-04Ethereum

Bitcoin, Ethereum, Celo, and Gala Daily Price Analyses – 3 June Roundup - BitcoinEthereumNews.com

Bitcoin EthereumBitcoin, Ethereum, Celo, and Gala Daily Price Analyses – 3 June Roundup06 / 03 / 2022Balita ng Ethereum ng Bitcoin  The global crypto market hasn‘t been able to revive momentum as its value has continued to lower. The negative changes have continued for a day and have considerably affected Bitcoin and other Altcoin’s values. The changes have followed a bullish wave, thus not letting the market consolidate value. The continuous recessive bouts have deprived the market of a significant value, reducing investments. The market might not be able to stand the pressure if the bearishness continues unimpeded.  Bitcoin mining has seen changes across the globe as some countries have put an embargo on it, limiting the opportunities. In contrast, some countries are promoting it to ensure that it continues benefitting the system and the country. The latest in this regard is from Kenya, which has invited Bitcoin mining firms to utilize the surplus geothermal power. If it happens, it will open up new opportunities for Bitcoin mining, helping the miners have easy access to energy.  Narito ang isang maikling pangkalahatang-ideya ng kasalukuyang sitwasyon sa merkado, pagsusuri sa pagganap ng Bitcoin, Ethereum, at ilang iba pa.  BTC continues to lower  The global crypto market seems

2022-06-04Ethereum

ETH Slumps Below $1800 Support - BitcoinEthereumNews.com

EthereumAng ETH ay Bumababa sa $1800 na Suporta06 / 03 / 2022Balita ng Ethereum ng Bitcoin  The Ethereum price prediction reveals that ETH faces the key support as the market price follows the downward movement.  Data ng Estadistika ng Hula ng Ethereum:  Presyo ng Ethereum ngayon – $1775  Ethereum market cap – $216.6 bilyon  Ethereum circulating supply – 121.0 milyon  Kabuuang supply ng Ethereum – 121.0 milyon  Ranggo ng Ethereum Coinmarketcap – #2  Pamilihan sa ETH / USD  Key Levels:  Mga antas ng paglaban: $ 2400, $ 2600, $ 2800  Mga antas ng suporta: $ 1200, $ 1000, $ 800  Sa pagbubukas ng merkado ngayon, pagkatapos hawakan ang antas ng paglaban na $1842, ETH / USD drops with a bearish bias. The coin opens at $1832, and it is currently dropping towards the support level of $1700 below the 9-day and 21-day moving averages. According to the daily chart, it is likely for the coin to face more sellers below the lower boundary of the chanel.  Ethereum Price Prediction: Ethereum Price May Face the South  Sa panahon ng pagsulat, ang Ethereum presyo is breaking to the downside, and it is likely to break down heavily to gain more downtrends. However, ETH/USD prepares to cross below the lower boundary of the chanel as the bears

2022-06-04Ethereum

Maker founder proposes MetaDAOs and synthetic ETH in ‘Endgame Plan’ - BitcoinEthereumNews.com

EthereumAng tagapagtatag ng Maker ay nagmumungkahi ng mga MetaDAO at synthetic na ETH sa Endgame Plan06 / 03 / 2022Balita ng Ethereum ng Bitcoin  Co-founder of MakerDAO Rune Christensen has issued a new monumental proposal to push the project into its final form called The Endgame Plan.  Across 3,000 words including 35 detailed infographics, Christensen explained that the current model of governance at Maker creates a deadlock, making it difficult for the protocol to effectively process “complicated real world financial deals” and compromising its competitiveness with financial institutions.  Central to Christensens Tuesday plan is the formation of MetaDAOs dinisenyo to tackle specific governance issues within the Maker ecosystem and alleviate congestion on the “slow and single threaded decision making process” that exists now. Each MetaDAO can be thought of as a subsection of MakerDAO, which would issue its own token and be governed by Maker participants interested in its particular goal.  Maker is a smart contract lending platform that issues Dai (Dai) stablecoins using Ether (ETH) as collateral. The Maker Foundation previously held responsibility for protocol governance, but the desentralisadong awtonomiyang organisasyon (KNIFE) took over last year.  Although he feels that Makers complexity gives it the ability to pounce on the best opportunities, the use

2022-06-04Ethereum
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