Bitcoin price hovering around $30,000 is GOOD! Heres why - BitcoinEthereumNews.com

BitcoinBitcoin price hovering around $30,000 is GOOD! Heres why05 / 24 / 2022Balita ng Ethereum ng Bitcoin  Bitcoin has been consolidating around $30,000 for quite a while now. Most people lost all hope of a renewed uptrend and already are liquidating their crypto portfolios. However, it is important to note that most tokens are currently around their respective support areas. Naturally, the $30,000 for Bitcoin is a strong psychological price that represents a buy zone. In this Bitcoin price prediction article, were going to see why Bitcoin consolidating around $30,000 is a good thing, signaling higher prices in the future.  Is the current Bitcoin price good for Buying?  Bitcoin prices fell from a high of $69,600 and reached the current price of $29,350. This 57% drop in prices crashed the entire cryptocurrency market. A snowball effect started to happen, where other mga proyekto ng crypto got affected by those falling prices, and in turn, crashed even harder.  Sumali sa Chat Discord Fig.1 BTC/USD 1-day chart – TradingView  The $30,000 price area for Bitcoin is a very important one. In fact, many big firms purchased Bitcoins around that price. Additionally, looking at figure 2 below, we can see how previously, Bitcoin prices did also consolidate around

2022-05-24Bitcoin

Ethereum Classic [ETC] rises upward, but could it be a bull trap - BitcoinEthereumNews.com

EthereumAng Ethereum Classic [ETC] ay tumataas, ngunit maaaring ito ay isang bull trap05 / 24 / 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  On 12 Mayo, Bitcoin sunk to $26.7k, and Ethereum Classic touched the $16 mark at its lows. Since then, the price has bounced quite a bit. Yet, with Bitcoin stuck within a range of $30.7k and $28.7k, the altcoin market has not initiated a recovery. The fear in the market remained strong, and rallies are for selling. This likely holds true for Ethereum Classic too, and the $24 level saw the price pullback to $22.  Could the bears impose their will on the market once more?  ETC- 1 Oras na Tsart  Pinagmulan: ETC / USDT sa TradingView  For the move up from $19.41 to $24.23, a set of Fibonacci retracement levels was drawn (yellow). On the lower timeframes, the price has formed a series of lower highs and lower lows in the past four days. The push past $21.8 the previous day by the bulls was on high trading volume, although the pullback also saw heavy volume. However, it appeared to suggest that

2022-05-24Ethereum

Bitcoin (BTC) Always Pegs Higher Trust Over Ether (ETH) in Bear Market - BitcoinEthereumNews.com

Bitcoin EthereumBitcoin (BTC) Always Pegs Higher Trust Over Ether (ETH) in Bear Market05 / 24 / 2022Balita ng Ethereum ng Bitcoin  Ang dalawang pinakamalaking cryptocurrencies sa mundo - Bitcoin at Ether - ay malapit na sumusunod sa isat isa sa kamakailang pagbagsak ng merkado. Sa nakalipas na ilang taon, pinagtatalunan ng mga market analyst na ang Ether ay matagal nang nangunguna sa Bitcoin.  Gayunpaman, ang on-chain data ay nagmumungkahi na ang Bitcoin ay gumanap ng medyo mas mahusay kaysa sa Ethereum, lalo na sa panahon ng bear market. Sa maikling panahon, ang buwanang mga profile sa pagbabalik para sa BTC at ETH ay hindi maganda.  Alinsunod sa data mula sa Glassnode, nagbigay ang Bitcoin ng negatibong 30% return sa maikling panahon na ibig sabihin ay naitama ito ng 1% sa average sa araw-araw. Ang negatibong pagbabalik na ito ay halos kapareho sa mga nakaraang cycle ng bear market para sa Bitcoin.  Sa kabilang banda, ang buwanang profile sa pagbabalik ay nagpapakita na ang Ethereum ay nagbigay ng medyo mas mahinang pagganap ng -34.9%. Ipinapakita rin nito na ang ugnayan ng pagganap sa pagitan ng dalawang asset na ito ay nananatiling medyo malakas.  Paghahambing ng Pangmatagalang Bitcoin at Ether CAGR  Tingnan natin ang pangmatagalang view ng performance

2022-05-24Ethereum

Inaangkin ng Gobernador ng Bank of England na Mabibigo ang Bitcoin bilang Paraan ng Pagbabayad - BitcoinEthereumNews.com

Alex Dovbnya  Iginiit ni Bank of England Governor Andrew Bailey na walang intrinsic na halaga ang Bitcoin  Gobernador ng Bank of England Andrew Bailey ay sumali sa koro ng mga sentral na bangkero na pumuna sa mga cryptocurrencies sa nakaraang linggo.  Sa kanyang kamakailang paglabas sa podcast, hinulaan ni Bailey na ang Bitcoin ay hindi magiging malawak na tinatanggap na paraan ng pagbabayad dahil hindi ito praktikal.  Tulad ng iniulat ng U.Today, paulit-ulit na sinabi ng central banker na ang Bitcoin ay walang intrinsic na halaga.  Si Bailey ay patuloy na nananatili sa kanyang mga baril, na sinasabing ang Bitcoin ay may halaga lamang dahil ang mga tao ay gustong magkaroon nito. Kinakolekta ng mga tao ang lahat ng uri ng mga bagay, sabi ni Bailey.  Sa nakalipas na linggo, maraming mga high-profile na sentral na banker ang gumawa ng ilang hindi nakakaakit na komento tungkol sa crypto. Tulad ng iniulat ng U.Today, ang Pangulo ng European Central Bank na si Christine Largade ay naghinuha na ang crypto ay talagang walang halaga habang hinaing ang labis na haka-haka na nauugnay sa klase ng asset ng nobela.  Mas maaga ngayon, sinabi ni Shaktikanta Das, ang gobernador ng Reserve Bank of India, na ang crypto ay walang pinagbabatayan na

2022-05-24Industriya

Bitcoin, Ethereum, Cardano, and Tron Daily Price Analyses – 23 May Roundup - BitcoinEthereumNews.com

Bitcoin EthereumBitcoin, Ethereum, Cardano, and Tron Daily Price Analyses – 23 May Roundup05 / 23 / 2022Balita ng Ethereum ng Bitcoin  The performance of the global crypto market has seen challenges as it has shed value over the last 24 hours. The course for Bitcoin and most altcoins changed due to recessive pull. The result was a dominant trend of sell-offs, which affected the markets momentum. The change this time was the lasting bullishness in the market compared to other times. It was close to crossing the previous barrier in the global market cap value as it moved forward. The current change has put all these plans to a halt.  El Salvador has been facing problems recently due to consistent recession in the market. It had invested heavily in Bitcoin while promoting Bitcoin on the state level and even proposed plans for a ‘Bitcoin’ city. The market has begun to take bearish and bullish turns since October 2021, and the BTC value has receded significantly. The changes show evident impacts on the economy of El Salvador. IMF had tried multiple times to replace Bitcoin as the legal tender. Now, when the crisis has worsened, IMF will be assisting El Salvador in compiling

2022-05-24Ethereum

eBay Launches First Collection of NFTs - BitcoinEthereumNews.com

Alex Dovbnya  E-commerce giant eBay has finally launched its first NFT collection, but it might be a year too late  Higante ng E-commerce eBay anounced the launch of its first non-fungible token collection in partnership with hockey legend Wayne Gretzky earlier this Monday.  The San Jose, California-based company joined forces with “green” NFT platform OneOf in order to roll out the collection.  The collection will feature 13 different works of art devoted to one of the greatest hockey players of all time. Each piece costs up to $1,500.  eBays Dawn Block claims that non-fungible tokens are disrupting the collectibles sector.  eBay was launched at the peak of the dot-com boom in the late 1990s. It remains the second most popular e-commerce platform in the U.S., but it is substantially lagging behind rival Amazon.  Amazon was rumored to pivot to cryptocurrencies in late 2021, but the company vehemently denied such plans.  Jamie Ianone, CEO of eBay, confirmed nakaraang taon that the company was exploring crypto payments.  Huli na?  As iniulat ni U. Ngayon, eBay first anounced that it was going to allow NFT sales last May. Back then, the whole sector was thriving due to growing interest.  NFTs have not been immune to overwhelming bearishness within the cryptocurrency market.  Crypto Winter has taken

2022-05-24Industriya

Bitcoin Rallies to $30K - Will the Bear Markets End Sooner? - BitcoinEthereumNews.com

BitcoinBitcoin Rallies sa $30K – Matatapos na ba ang Bear Markets?05 / 23 / 2022Balita ng Ethereum ng Bitcoin  Bitcoin is up for a relief rally trying to develop resistance at $30k.  Bitcoin has been trading up 1.52% in the last 24h.  The overall crypto market has been exhibiting dynamic downtrends ever since the start of May. Bitcoin, Ethereum, and all other altcoins have mostly traded only in the red zone. The largest cryptocurrency had halted its eighth weekly red candle and surged up into a bullish zone.  Bitcoin started off this fourth week of May by establishing its new relief resistance at the $30,000 level, surpassing its former $29.69k level. As a result of this optimistic price action, the market cap of the crypto market nadagdagan by 2.5% from $1,278,473,701,359 USD to $1,310,967,622,497 USD.  Ayon sa CMC, at the time of writing, BTC traded at $30,243 USD with a 24-hour trading volume of $26,088,345,130 USD. Similarly, its contender, Ethereum , also surged above its $2,017 level to trade at $2,049 USD, at the time of writing.  BTC Trying To Regain Its Spot  Despite the market sentiment continuing to be in fear, the number of addresses holding atleast 1 BTC was recorded at an walang katulad mataas

2022-05-24Industriya

Markets: The Correction Is Not Over Yet - BitcoinEthereumNews.com

KabuhayanMga Merkado: Hindi Pa Tapos ang Pagwawasto05 / 23 / 2022Balita ng Ethereum ng Bitcoin  The recent selloff in the stock market could be the start of a reprieve, hedge fund experts and market strategists said.  The Dow rose by 618 points or 1.98% on Monday following Fridays downturn that reached bear market territory. The S&P 500 also increased by 1.86% while the Nasdaq edged higher by 1.6%.  The slide in the stock market has brought down tech and biotech companies along with a cluster of retailers facing higher inflation and inventory levels as consumers have started to cut back on spending, including Target ( (TGT) - Kumuha ng Ulat ng Target Corporation) and Walmart ( (WMT) - Kumuha ng Ulat ng Walmart Inc).  Investors should stay in the market and purchase high quality companies in sectors that are trading at a deep discount due to interest rates and fears of further monetary tightening, Thomas Hayes, chairman of Great Hill Capital in New York, told TheStreet.  “We are constructive at these levels and were net buyers last week during the disorderly selling periods,” he said.  There could be relief in sight because some of the selloff in recent weeks were the result of “forced selling” of

2022-05-24Industriya

Report: African crypto startups venture funding grows by over 1000% in 2022 - BitcoinEthereumNews.com

cryptoUlat: Ang pagpopondo ng pakikipagsapalaran ng African crypto startups ay lumago ng higit sa 1000% sa 202205 / 23 / 2022Balita ng Ethereum ng Bitcoin???? Gusto mo bang magtrabaho sa amin? Ang CryptoSlate ay kumukuha ng ilang posisyon!  The African Blockchain ulat 2021 by Crypto Valley Venture Capital (CV VC) and Standard Bank has revealed that crypto startups in Africa saw more venture funding in the first quarter of 2022 than in 2021.  Blockchain startups on the continent raised $91 million in 2022 Q1 compared to the same period in 2021, representing a 1,668% year-on-year (YoY) increase in cash inflow.  Crypto unicorns might emerge in 2-3 years from Africa  The report stated that the continent might see unicorns appear within two to three years from its crypto scene.  The surge of African crypto unicorns is possible with the increased interest in the region from venture capital firms primarily funding finance-related crypto companies. Per the report, most venture capital funding has gone to fintech companies and crypto exchanges.  Gideon Greaves, CV VCs managing director for Africa, said that blockchain was the highest-funded sector in the continent.  Nakikita namin ang pag-unlad na ito bilang isang pangunahing enabler para sa mga negosyo sa Africa, na nagbibigay sa kanila ng mabilis

2022-05-24Industriya

SOL Range-bounds; Maaaring Tumawid ang Presyo sa Ibaba sa $50 na Suporta - BitcoinEthereumNews.com

TeknolohiyaSOL Range-bounds; Maaaring Tumawid ang Presyo sa Ibaba sa $50 na Suporta05 / 23 / 2022Balita ng Ethereum ng Bitcoin  Ayon sa pang-araw-araw na tsart, ang hula ng presyo ng Solana ay nagpapakita na ang SOL ay maaaring maghukay ng dip dahil sa kamakailang pagbaba sa mundo ng crypto.  Data ng Istatistika ng Hula ng Solana:  Presyo ng Solana ngayon – $50.52  Solana market cap – $17 bilyon  Solana circulating supply – 339.2 milyon  Kabuuang supply ng Solana – 511.6 milyon  Ranggo ng Solana Coinmarketcap – #9  SOL/USD Market  Key Levels:  Mga antas ng paglaban: $ 80, $ 85, $ 90  Mga antas ng suporta: $ 20, $ 15, $ 10  SOL / USD ay nakikipagkalakalan sa ibaba ng 9-araw at 21-araw na moving average habang ang barya ay umaaligid sa $50.52. Gayunpaman, ang presyo ng Solana ay hindi maaaring tumawid sa positibong bahagi ngunit kasalukuyang pinagsama-sama sa paligid ng antas ng suporta na $50.  Paghula sa Presyo ng Solana: Saan Susunod na Pupunta ang Presyo ng Solana?  Ang Presyo ng Solana ay gumagalaw patagilid, ang anumang bearish na paggalaw patungo sa ibabang hangganan ng chanel ay maaaring tumaas ang panandaliang selling pressure, habang ang mga susunod na suporta ay maaaring umabot sa $20, $15, at $10. Samantala, ang anumang bullish na paggalaw sa

2022-05-24Industriya
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