Balita sa Industriya ng Crypto at Market Trends

New York AG Issues Warning About Cryptocurrencies as Bitcoin Struggles to Recover - BitcoinEthereumNews.com

Alex Dovbnya　　New York Attorney General Letitia James has warned about some risks associated with cryptocurrency investing　　Attorney General ng New York na si Letitia James ay ibinigay an investor alert to investors to highlight various risks associated with cryptocurrencies.　　James has noted that the cryptocurrency market experienced a massive correction last month that affected both well-established cryptocurrencies as well as new projects.　　Cryptocurrencies may bring “more pain than gain” for market participants, she warns.　　James singled out high volatility, theft, and fraud among the main risks.　　The American lawyer and politician also notes that investors may struggle to cash out their investment during a major market crash since cryptocurrency exchanges tend to halt trading due to technical difficulties.　　She adds that buying cryptocurrencies may come with high transaction fees and hidden trading costs.　　Without directly mentioning the failed Lupa project, Letitia also took aim at stablecoin. She claims that these cryptocurrencies are not actually stable, and their quality can vary greatly.　　Finally, James also warned about conflicts of interest within the cryptocurrency industry, claiming some crypto exchange operators may make traders on their own platforms due to the lack of oversight.　　Bitcoin is currently trading slightly above the $30,000 level after recently paring most of this weeks gains.

2022-06-03Bitcoin

Top Crypto Analyst Pinpoints Date on Bitcoin and Crypto Turnaround - BitcoinEthereumNews.com

Bitcoin cryptoNangungunang Crypto Analyst Pinpoints Date sa Bitcoin at Crypto Turnaround06 / 03 / 2022Balita ng Ethereum ng Bitcoin　　A widely followed crypto strategist says one crucial metric can help accurately call Bitcoin (BTC) market bottoms.　　Pseudonymous na mangangalakal na Rekt Capital nagsasabi his 311,400 Twitter followers that BTCs Relative Strength Index (RSI) is mirroring levels reached in January 2015, December 2018 and March 2020, signaling a bounce might be on the horizon for the top crypto asset by market cap.　　BTC is approaching the RSI Bear Market Bottom area once again. When could it take place in this cycle？　　It took 1,461 days for the 2018 Bear Market Bottom to form after the 2015 BMB.　　If the same symmetry repeats, the upcoming BMB will occur in January 2023.　　Source: Rekt Capital/Twitter　　Ang RSI ng asset ay isang momentum indicator na sumusukat sa mga kamakailang presyo upang matukoy kung ito ay oversold o overbought sa isang partikular na timeframe.　　Ang susunod na mangangalakal regalo a scenario where the bear market bottom arrives two months earlier in November and cites Bitcoins halving which happens every four years as the reason.　　There is a chance that the BTC RSI Bear Market Bottom takes place a little sooner than January 2023.　　And this

2022-06-03Bitcoin

Top Bank CEO Warns Worse Is Yet To Come For Bitcoin, Ethereum, Cardano, and Ripple - BitcoinEthereumNews.com

Bitcoin EthereumTop Bank CEO Warns Worse Is Yet To Come For Bitcoin, Ethereum, Cardano, and Ripple06 / 03 / 2022Balita ng Ethereum ng Bitcoin- Advertising -　　JPMorgans CEO believes cryptocurrency investors will experience more price crashes.　　Despite the underperformance of the global cryptocurrency market in the past month that crashed the prices of the top 10 digital currencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Cardano (ADA), JPMorgan CEO still believes the worst is yet to come.　　JPMorgan CEO: Crypto Prices Will Dip　　Jamie Dimon, the CEO of JPMorgan, has warned cryptocurrency investors of upcoming market volatility that will be ushered in by an economic hurricane expected to be introduced by the Federal Reserve.　　Speaking at a financial services conference organized by Autonomous Research this week, Dimon noted that investors of the top 10 cryptocurrencies need to prepare themselves for the massive volatility that will hit the nascent market when the Feds begin its so-called quantitative tightening,　　According to the JPMorgan exec, while it is imperative for crypto investors to prepare themselves for the upcoming market volatility, the U.S.-based financial institution has also braced itself in preparation for what is to come.　　You better brace yourself. JPMorgan is bracing ourselves and were going to be very conservative

2022-06-03Ethereum

This is Where Ethereum (ETH) Prices Can Mark Their Lows in the Current Cycle - BitcoinEthereumNews.com

EthereumThis is Where Ethereum (ETH) Prices Can Mark Their Lows in the Current Cycle06 / 03 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum prices are said to be pretty consistent and steady amid the negative market conditions. Apart from the external factors that drag the market to its knees, everyday trade impacts the ETH price with less intensity. However, after constant rejections at $2000 earlier and $1800 now, weather the second-largest asset slowly squeezing the resistance levels？　　If yes then what about the support levels, will $1725 be maintained or new lows are fast approaching？　　Ang Presyo ng ETH after dropping hard from $4000 in the first few days of 2022, attempted multiple times to range above $3000. But eventually, the attempt resulted in a 22% to 25% plunge below $2700. Then the new resistance was around $3000 while the support zone had formed at around $2500. However, after the LUNA-UST crisis, the resistance levels have been lowered to $2000 and the support at $1720.　　Now when the bears are expected to drag the crypto space lower, will the ETH price break below $1720 to form new lows below $1000？　　The prices earlier had broken from an ascending parallel chanel and dropped 20% initially. Further,

2022-06-03Ethereum

This is Where Bitcoin & Ethereum Price May Bounce Back After the Harsh Rejection - BitcoinEthereumNews.com

Bitcoin EthereumThis is Where Bitcoin & Ethereum Price May Bounce Back After the Harsh Rejection06 / 03 / 2022Balita ng Ethereum ng Bitcoin　　The begining of the monthly trade was pretty bearish but as the markets recovered during the last trading day, it seemed as if the bulls may take back the control. The early trading hours were also pretty bullish but very quickly, the bears dominated the rally and squeezed all the gains. Currently, most of the tokens are trading around the same initial region they traded before the previous days surge.　　A popular analyst, il Cape of Crypto believes that the cryptos may plunge hard to discover new lows. And advised his 328.5K followers to stay safe and ready for a massive drop that is fast approaching into the crypto space.　　Ito ang nakikita ko:　　-Corrective structures everywhere.　　-Heatmaps really bearish.　　-Htf bearish divergences in play, which would take everything to new lows.　　-Confluence at main targets higher than ever.　　Last leg down is very likely. Stay safe and ready.　　- il Capo Ng Crypto (@CryptoCapo_) Hunyo 3, 2022　　Presently, the corrective structures are recorded everywhere, and hence Presyo ng BTC slumped hard below $30,000. Therefore dagging the entire crypto space below their respective support levels. On the

2022-06-03Ethereum

Ethereum price analysis: ETH tests $1,750, reversal to come next? - BitcoinEthereumNews.com

EthereumPagsusuri ng presyo ng Ethereum: Sinusuri ng ETH ang $1,750, susunod na pagbalik ang susunod？06 / 03 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum price analysis is bullish today as we have seen consolidation and another brief spike lower over the last 24 hours. Since ETH/USD has rejected further downside again, we expect another rally to soon begin.　　Mapa ng Cryptocurrency heat. Pinagmulan: Coin360　　The market has traded mostly in the red over the last 24 hours. The leader, Bitcoin, declined by 0.61 percent, while Ethereum by 1.81 percent. Meanwhile, Solana (SOL) has been the worst performer, with over 5 percent loss from the major altcoins.　　Ethereum price movement in the last 24 hours: Ethereum fails to retrace, spikes lower again　　Nakipag-trade ang ETH/USD sa hanay na $1,747.46 hanggang $1,845.31, na nagpapahiwatig ng banayad na pagkasumpungin sa nakalipas na 24 na oras. Ang dami ng kalakalan ay bumaba ng 25.73 porsyento, na may kabuuang $16.6 bilyon, habang ang kabuuang market cap ay nakikipagkalakalan sa paligid ng $212.975 bilyon, na nagreresulta sa isang dominasyon ng 17.47 porsyento.　　ETH/USD 4-hour chart: Tinatanggihan muli ng ETH ang downside　　Sa 4-hour chart, makikita natin Ethereum presyo preparing to move higher as the $1,750 offered further support.　　4-oras na tsart ng ETH /

2022-06-03Ethereum

Balancer launches on Ethereum L2 network Optimism - BitcoinEthereumNews.com

EthereumInilunsad ang Balancer sa Ethereum L2 network Optimism06 / 03 / 2022Balita ng Ethereum ng Bitcoin　　Automated market maker and decentralized finance (DeFi) protocol Balancer has officially deployed on Optimism, the highly touted Ethereum layer-2 scaling solution, in a move designed to enhance user functionality by increasing scalability and reducing fees.　　Balancers Optimism deployment was carried out in conjunction with Beethoven X, a decentralized investment platform on the Fantom Network that forked from Balancer v2. Together, both teams are said to have developed a decentralized exchange that is set to compete in the Optimism ecosystem.　　Balancer Labs CEO Fernando Martinelli said his projects Optimism deployment reflects the belief that layer-2 scaling solutions will be effective in reducing transaction fees and network congestion.　　Optimism is a layer-2 scaling solution designed to bring faster and lower-cost transactions to Ethereum. The network is said to support all decentralized applications on Ethereum via Optimistic Rollups, a scaling solution that operates in parallel with the main Ethereum chain.　　Currently, Optimism has over $320 million in total value locked (TVL) on its chain from 38 projects, ayon sa to industry data. Its TVL peaked north of $510 million in late April. It currently ranks 19th in overall network value.　　Like other DeFi-focused

2022-06-03Ethereum

Ethereum Revisits $1,763 Low Twice as Bears Threaten to Short - BitcoinEthereumNews.com

Ethereum (ETH) is in a downward correction and continues its downward movement.　　n On May 27, the largest altcoin repeated its previous low as it fell to the low of $1,703. Bulls bought the dips as the altcoin corrected upwards. The rejection of the 21-day line SMA has led to Ether being under selling pressure again.　　n On the upside, further upward movement of the cryptocurrency is limited by the 21-day line SMA. Selling pressure will continue on the downside if the bulls fail to break above the 21-day moving average line. ETH will continue to decline if it falls below the previous low at $1,763. A break below the previous low will push Ethereum to the low of $1,370.　　n Pagsusuri ng tagapagpahiwatig ng Ethereum　　n The cryptocurrency is at level 37 of the Relative Strength Index for period 14. Ether is in the downtrend zone, falling for the second time to the previous low at $1,763. Ether price bars are below the moving averages, indicating a further decline in the Ether price. The daily stochastic is below the 40% area. The market is in a bearish momentum. The moving averages are sloping downwards, indicating a downtrend.　　n　　n Teknikal tagapagpahiwatig:　　n Pangunahing Mga Antas ng

2022-06-03Ethereum

Ethereum Staking Increases but Will ETH Flood Markets After the Merge? - BitcoinEthereumNews.com

EthereumTumataas ang Staking ng Ethereum ngunit Babahain ba ang ETH Market Pagkatapos ng Pagsama？06 / 03 / 2022Balita ng Ethereum ng Bitcoin　　Ang halaga ng Ethereum (ETH) staked on the Beacon Chain has reached its highest-ever levels, but some observers are growing concerned over a large sell-off after the Merge.　　The amount of ETH staked in the Beacon Chain smart contract has reached 12.76 million according to Glassnode. It reported that 398,000 unique validators have staked and an additional 19,800 staked and came online in May.　　Glassnode also claims that the amount of staked ETH is 10.73% of the circulating supply. At current prices, the value of those locked up assets is around $23.3 billion.　　Other sources vary slightly with the Ethereum Launchpad dashboard -uulat 13.36 million ETH staked, which works out at 11% of the total supply.　　Either way, the increase in staking and validating is a vote of confidence for the Ethereum ecosystem in a bear market that is mired in negative sentiment and FUD (fear, uncertainty, and doubt) at the moment.　　The Merge effect　　The highly anticipated Ethereum Pagsamahin is set to take place in Aug, however it has some industry onlookers concerned. The Merge will end patunay-ng-trabaho mining and transition the network to

2022-06-03Ethereum

XRP and Two Blue Chip Altcoins Are Grabbing Investor Dollars Away From Ethereum (ETH), According to CoinShares - BitcoinEthereumNews.com

EthereumXRP and Two Blue Chip Altcoins Are Grabbing Investor Dollars Away From Ethereum (ETH), According to CoinShares06 / 03 / 2022Balita ng Ethereum ng Bitcoin　　A new survey conducted by digital asset investing firm CoinShares is revealing three crypto assets attracting investment fund manager capital away from Ethereum (ETH).　　In the latest CoinShares May 2022 pagsisiyasat, the digital asset investment firm says XRP, Kardan (ADA) and the native token of Polkadot (DOT) are all attracting more investor dollars as allocations to Ethereum move in the opposite direction.　　“While positions on Bitcoin have changed little, investors are increasingly adding to altcoins. The survey highlights increasing allocations to Polkadot, Cardano and XRP at the expense of Ethereum.”　　According to the CoinShares bi-monthly survey, a little over 20% of the investors have allocated to Ethereum, down from around 25% registered during the nakaraan March survey. In the case of XRP, the number of investors allocating funds to it has risen to about 6% from around 4% recorded in the March survey.　　The percentage of investors allocating to Cardano has more than doubled from around 5% to about 12%. In the case of Polkadot, the percentage of investors putting their money in it has risen from around 9% to

2022-06-03Ethereum

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