Bitcoin Reclaims $30k Level! Will Bitcoin Price Catchup With Nasdaq 100 ? - BitcoinEthereumNews.com

BitcoinBitcoin Reclaims $30k Level! Makakahabol ba ang Presyo ng Bitcoin Sa Nasdaq 100?05 / 29 / 2022Balita ng Ethereum ng Bitcoin  Bitcoin (BTC), the worlds largest cryptocurrency, is up 5% in the last 24hrs, breaking beyond $30,000 levels. Bitcoin continued to fall last week, with a significant decoupling from tech stocks and the Nasdaq-100.  With a positive on Sunday, it appears like Bitcoin is attempting to reclaim lost territory. BTC has recovered its negative gains thanks to recent increases and is presently trading at uniform levels on the weekly chart. Meanwhile the Nasdaq 100 finished last week with gains of about 7%.  Lark Davis, a cryptocurrency expert, feels that a relief rally is imminent. He also explains the relationship between Bitcoin and the Dollar Index.  Pababa ng Bitcoin Sa $26k!  The major question now is whether Bitcoin can maintain this relief rally after the latest price increase. Bitcoin, according to Antoni Trenchev, co-founder and managing partner of crypto lender Nexo, is on the verge of hitting new lows.  In an interview with Bloomberg, Trenchev stated that this is not the kind of de-correlation anyone wants. Because as per Trenchev, Bitcoin price still needs to test $26,000 May 12 lows and its only a matter of time

2022-05-30Bitcoin

Fear & Greed Index Weighs on Bitcoin (BTC) and the Crypto Market - BitcoinEthereumNews.com

Bitcoin cryptoAng Fear & Greed Index ay tumitimbang sa Bitcoin (BTC) at sa Crypto Market05 / 29 / 2022Balita ng Ethereum ng BitcoinMga Pangunahing Insight:  On Sunday, bitcoin (BTC) rose by 1.51% to end the day at $29,452. Resistance at $29,500 capped the upside.  The bullish session came despite a lack of any crypto news stories to shift the bearish investor sentiment.  Bitcoin (BTC) technical indicators flash red, with bitcoin sitting at the 50-day EMA.  Bitcoin (BTC) rose by 1.51% on Sunday. Following a 1.46% gain on Saturday, bitcoin ended the week down by 2.68% to $29,452. The broader crypto market joined bitcoin in the green on Sunday.  A bearish start to the day saw bitcoin slide to an early low of $28,820 before making a move.  Steering clear of the First Major Support Level at $28,601, bitcoin rallied to a late-day high of $29,549 before easing back.  Breaking through the First Major Resistance Level at $29,331, bitcoin tested resistance at $29,500 before easing back.  The Bitcoin Fear & Greed Index Hits Reverse Again  This morning, the Fear & Greed Index fell from 14/100 to 10/100 to match last weeks low. The decline came despite bitcoin and the broader market enjoying a bullish weekend.  Fear & Greed 300522  While avoiding a

2022-05-30Bitcoin

Ethereum Price To Outperform Bitcoin Price, Claims This Popular Analyst - BitcoinEthereumNews.com

Bitcoin EthereumEthereum Price To Outperform Bitcoin Price, Claims This Popular Analyst05 / 29 / 2022Balita ng Ethereum ng Bitcoin  Raoul Pal, CEO of Real Vision and a macro expert, believes that Ethereum (ETH) price, the top smart contract platform, is more likely to surpass Bitcoin (BTC) price in the future.  In a new interview with Crypto Banter, Pal claims that, despite the fact that the majority of the cryptocurrency market cap outperforms Ethereum in terms of overall trading volume and active wallets, Ethereum has outperformed BTC over the last three years.  He says that When it comes to Bitcoin, it exchanges more value per week than Ethereum. Ethereum has a lot of transactions. Transactions are really a ruse. Bitcoin outperforms both in terms of total value and active wallets.  However, if you look at Ethereum, the rate of change in those two values is larger, which is why Ethereum has outperformed Bitcoin. Ive found it to be quite beneficial. It demonstrates the pricing, which is rather reasonable.  Ethereum To Outperform Bitcoin  Pal believes that he is still more positive about Ethereum than Bitcoin and that other altcoins will eventually surpass the king crypto.  To prove his thought Pal claims that if you feel that technology, namely blockchain

2022-05-30Bitcoin

Bitcoin (BTC) Up 5% Trying to Catch Up With Nasdaq 100, But Heres the Catch - BitcoinEthereumNews.com

BitcoinAng Bitcoin (BTC) ay Tumaas ng 5% Sinusubukang Makahabol Sa Nasdaq 100, Ngunit Narito ang Mahuli05 / 29 / 2022Balita ng Ethereum ng Bitcoin  The worlds largest cryptocurrency Bitcoin (BTC) is up 5% in a weekend rally moving past $30,000 levels. Last week, Bitcoin continued to move downwards with a major decoupling from the tech stock and the Nasdaq-100.  It looks like with the Sunday gains, Bitcoin is trying to catch up on the lost ground. With the recent gains, BTC has managed to recover the negative gains and currently trading at flat levels on the weekly chart. On the other hand, the Nasdaq 100 ended last week with nearly 7% gains.  Crypto analyst Lark Davis believes that the relief rally was likely. Furthermore, he also explains Bitcoins correlation with the Dollar Index.  The Dollar Index $dxy is falling.  Historically this is good for #bitcoin in the opposite way that Dollar rallies are bad for BTC price. pic.twitter.com/7phhxJZNgG  - Lark Davis (@TheCryptoLark) Mayo 30, 2022  Bitcoin (BTC) Heading for New Lows  After the recent price jump, the bigger question is whether Bitcoin could sustain this relief rally. Antoni Trenchev, co-founder and managing partner of crypto lender Nexo believes that Bitcoin is poised to be heading for new lows.

2022-05-30Bitcoin

Bitcoin, Ethereum, Polygon MATIC, at Bitcoin Cash Araw-araw na Pagsusuri ng Presyo – 29 May Roundup - BitcoinEthereumNews.com

Bitcoin EthereumBitcoin, Ethereum, Polygon MATIC, at Bitcoin Cash Araw-araw na Pagsusuri ng Presyo – 29 May Roundup05 / 29 / 2022Balita ng Ethereum ng Bitcoin  Ang huling 24 na oras ay nanatiling maganda para sa pandaigdigang merkado ng crypto dahil ang halaga ng market cap ay nakakita ng pagpapabuti at ang tilapon ng ibat ibang mga barya. Bitcoin at Ethereum ay nanatiling kasiya-siya sa pagbubukod ng iilan. Ang pangkalahatang merkado ay nasa isang magandang sitwasyon. Kung ihahambing natin ang pagganap sa huling dalawang araw, ang merkado ay nagawang muling buhayin ang halaga. Ang bilis ay nanatiling mas mabagal kumpara sa normal, ngunit hindi ito bumabalik sa pagkalugi, na nakapagpapatibay para sa mga namumuhunan.  Nagbabala ang mga mamumuhunan na si Michael Burry tungkol sa malaking short habang hinuhulaan niya ang paparating na pag-urong ng mga mamimili. Habang nagpapatuloy ang mga epekto ng recession, tumaas ang strain sa mga consumer, na nagdudulot ng matinding pagkabalisa. Ang sitwasyon ay nagpatuloy sa kabila ng pagtaas ng mga rate ng interes, kahit na ang Fed ay gumawa ng maraming mga hakbang. Naniniwala ang mga ekonomista na kailangang magpasya ang Fed sa pagitan ng matagal na recession o inflation.  Narito ang isang maikling pangkalahatang-ideya ng kasalukuyang sitwasyon sa merkado,

2022-05-30Ethereum

Will Ethereum Layer-2 chains survive after The Merge? - BitcoinEthereumNews.com

EthereumWill Ethereum Layer-2 chains survive after The Merge?05 / 29 / 2022Balita ng Ethereum ng Bitcoin???? Gusto mo bang magtrabaho sa amin? Ang CryptoSlate ay kumukuha ng ilang posisyon!  Ethereum is finally moving to proof-of-stake this year, and with that, the layunin ay upang:  “Ultimately address some of the gas fee issues.”  One of the primary methods to reduce gas fees are layer-2 solutions. Chains such as Polygon process over 3 milyong transactions per day and have daan-daang milyong of addresses.  The question is, will layer-2 networks like Optimism, Boba Network, Arbitrum One, and Polygon be viable after The Merge? We spoke to various web3 founders to get their perspectives on the most significant event in crypto history.  Layer-2 solutions  Layer-2 networks work on top of the Ethereum network, referred to as Layer-1. There are several types of Layer-2 protocols. Essentially, layer-2s independently process transactions to complete more transactions per second with lower gas fees; the transactions are then registered in the Ethereum blockchain at a later time.  If Ethereums move to proof-of-stake achieves its goal of addressing gas fees and transaction volume, then the need for layer-2s becomes reduced. Additionally, the move to proof-of-stake comes with the potential to improve the mechanism for securing the network.

2022-05-30Industriya

Bitcoin (BTC) At $29,000, How Long Will The Consolidation Continue? - BitcoinEthereumNews.com

BitcoinBitcoin (BTC) Sa $29,000, Gaano Katagal Magpapatuloy ang Pagsasama-sama?05 / 29 / 2022Balita ng Ethereum ng Bitcoin  Bitcoin remained consolidated over the last 24 hours, altcoins however, have dipped on their charts. Over the last week, the king-coin continued to register lateral price movements on the charts. Ever since November, 2021, price of Bitcoin has consistently moved on the downside.  On the longer time frame, Bitcoin has continued to show signs of upcoming bearishness. On a comparatively, shorter time frame the king-coin might be hinting at a price reversal.  Over the last 24 hours BTC made no gains. In the last week, it lost about 2% as the coin was mostly consolidating. Currently, BTC is sandwiched between $28,000 and $29,000 as those two levels have been acting as the coins crucial demand zone.  The buyers seem to have clearly given up on the initiative to lead the price action and with continued strength from sellers, BTC might be eyeing the $20,000 price level.  Pagsusuri ng Presyo ng Bitcoin: Isang Araw na Tsart  BTC was priced at $29,100 at the time of writing. The coin had formed a descending chanel ever since November 2021 highlighting an extended bearish phase. The coin has touched $69,000 in the month

2022-05-30Industriya

Why is UST collapse worse than war for this Ukrainian Family? - BitcoinEthereumNews.com

KabuhayanBakit mas malala ang pagbagsak ng UST kaysa digmaan para sa Ukrainian Family na ito?05 / 29 / 2022Balita ng Ethereum ng Bitcoin  For many instances, losing its virtue and value by a company is more than just this as many hopes and aspirations are adjoined with it, that collapse with the business collapse  Since the news of Terra network collapse broke out, there have been many consequences following the instance, some of them were terrible for many investors across the globe. One such investor is a citizen from Ukraine named Yuri Popovich who had made an investment of all his family savings worth $10,000 into Terras Stablecoin UST and ended up losing almost everything following its collapse.  Undoubtedly cryptocurrencies and stablecoins have turned out to be yet another but quite influential asset class of recent times. Considering these investment tools are quite beneficial as they are free from the direct effect of any negative instances like recent Russian invasion in Ukraine and market turbulence. In such times, allocating savings capital into cryptocurrencies seems better instead into physical wealth like buying property in a war-affected area.  However, relying on such an assumption, Yuri Popovich, a resident of Kyiv, Ukraine has invested all his family

2022-05-30Industriya

Bankman-Fried says FTX prepared to spend billions on acquisitions: Bloomberg - BitcoinEthereumNews.com

KabuhayanSinabi ng Bankman-Fried na handa ang FTX na gumastos ng bilyun-bilyon sa mga acquisition: Bloomberg05 / 29 / 2022Balita ng Ethereum ng Bitcoin  Crypto exchange FTX is ready to spend billions of dollars for stakes in other companies, Chief Executive Officer Sam Bankman-Fried told Bloomberg in an interview.  The billionaire CEO, whos also a co-founder of FTX, said on Friday that recent fundraising of more than $2 billion by the company and its US entity may be used for the investments aimed at expanding its range of services to its customers.  “FTX is a profitable company,” he said. “You can look at the amount that we‘ve raised over the last year or two — it’s a few billion dollars. That gives maybe a sense of where we are in terms of cash that was explicitly viewed from a potential acquisition angle.”  In January, FTX raised $400 million at a $32 billion valuation, bringing the total raised in the prior half year to near $2 billion, Bloomberg said, adding that its US entity separately raised $400 million.

2022-05-30Industriya

Bitcoin Heads For Ninth Consecutive Red Weekly Candle - BitcoinEthereumNews.com

BitcoinBitcoin Heads For Ninth Consecutive Red Weekly Candle05 / 29 / 2022Balita ng Ethereum ng BitcoinKey Takeaways  Bitcoin is about to close its ninth consecutive red candle on the weekly chart.  BTC has lost more than 22,800 points in market value over this period.  Now, it all depends on whether BTC can hold above $29,000.  Ibahagi ang artikulong ito  Bitcoin appears to be trading at a make-or-break point as its future depends on its ability to hold the $29,000 support level.  Bitcoin Looks Oversold But Lacks Support  The pioneer cryptocurrency is in a steep downtrend as it struggles to find support.  Bitcoin is about to make a new record by closing its ninth consecutive red candle on the weekly chart. The flagship cryptocurrency has shed more than 22,800 points in market value since Mar. 28, going from a high of $48,222 to a low of $25,365. BTC still looks weak despite the significant losses incurred.  The damage to investors‘ confidence brought on by Terra’s LUNA and UST kamatayan spiral has been too great to overcome. Although Terraform Labs successfully airdropped new LUNA tokens to previous LUNA and UST holders, it has done little to improve market sentiment. Ang Index ng Takot at Sakim is at its lowest levels while

2022-05-30Industriya
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