Billionaire Warren Buffett Says Bitcoin Has Got A Magic To It — But He Still Wont Buy It ⋆ ZyCrypto - BitcoinEthereumNews.com

Despite Bitcoin being the best performing asset of the past decade, Warren Buffett is still not stoked an inch by the worlds most populous cryptocurrency.  Speaking during a Berkshire Hathaway Anual Shareholder meeting Saturday, the Billionaire once again, expressed disapproval for Bitcoin, stating that it is not a productive asset. He expressed amusement at how everyone seemed to only be long on an asset that did not produce anything tangible and was purely based on speculation.  “Assets, to have value, have to deliver something to somebody. And there‘s only one currency that’s accepted. You can come up with all kinds of things- we can put up Berkshire coins… but in the end, this is money,” siya sinabi.  To him, it did not matter how much conviction Bitcoin had on traditional finance and investment actors who are already dabbling with the nascent crypto sector since it failed to prove its productiveness.  “Kung tumaas o bumaba sa susunod na taon, o lima o 10 taon, hindi ko alam. Ngunit ang isang bagay na sigurado ako ay hindi ito nagbubunga ng anuman, Buffett said before adding ”Its got a magic to it and people have attached magics to lots of things.  anunsyo  Buffett whose fund, Berkshire Hathaway has shown

2022-05-02Industriya

Maaaring Mag-trigger ang Oversold na RSI sa Pagbagsak ng Channel Breakout - BitcoinEthereumNews.com

Pinagmulan- Tradingview  Dahil sa huling bahagi ng Enero sell-off, ang Fantom (FTM) ang presyo ay umalingawngaw sa isang bumabagsak na pattern ng chanel. Ang mabagal at tuluy-tuloy na rally ay nagbigay ng apat na swing high sa resistance trendline at tatlong swing lows sa support trendline, na nagpapahiwatig na iginagalang ng mga trader ang pattern ng chanel.  Bumababa sa loob ng pattern na ito, ang mga may hawak ng FTM ay nawalan ng ilang mahahalagang antas ng suporta tulad ng $1.75, $1.25, at kamakailan lamang ang $1 na antas ng pisyolohikal. Habang patuloy na pinapababa ng mga nagbebenta ang altcoin, maaaring maabot ng presyo ang $0.6 na antas ng suporta, na sinusundan ng nakabahaging suporta na $0.4 at ang trendline ng suporta.  Gayunpaman, ang anumang hindi inaasahang pullback ay maaaring muling subukan ang $1 na binaligtad na pagtutol upang i-renew ang bearish momentum.  Dahil dito, ang bumabagsak na pattern ng chanel ay kilala na magti-trigger ng directional bull run kung ang mga mamimili ay namamahala na lumabag sa resistance trendline nito. Samakatuwid, ang mga interesadong mamimili ay dapat maging matiyaga at maghintay para sa trendline breakout upang makakuha ng mahabang pagkakataon.  Teknikal na tagapagpahiwatig  Ang mga bumababang EMA (20, 50, 100, at 200) ay nagpapakita ng

2022-05-02Industriya

Derivatives, Spot Markets, Dex Swaps — 30 Day Crypto Trade Volumes Slipped Across the Board Last Month – Market Updates Bitcoin News - BitcoinEthereumNews.com

As of May 1, 2022, bitcoin lost 15.43%, ethereum dropped 17.49%, BNB slipped by 10.39%, solana slid 31.43%, and XRP lost 25.27% over the last 30 days. Trailing 30 day data indicates that terra is under 27.66%, cardano dropped 31.39%, but dogecoin only shed 3.46% this past month.  Statistics show that during the month of March, $739.4 billion in trade volume was recorded, in terms of overall crypto spot market volume. April‘s spot volume, according to the Block’s Legitimate Index and Crypto Compare metrics, came in at $599.22 billion.  NFT sales data between March 1st to April 1, 2022.  Furthermore, the recent defi report covered by Bitcoin.com News indicates that April‘s decentralized exchange (dex) trade volumes were 21% less than in March. In March dex trade volume was $117 billion, while April’s dex trade volume recorded $92.18 billion.  Non-fungible token (NFT) sales, on the other hand, saw a 39.25% increase during the last seven days, which bumped NFT sales over the last month up 64.44%. Moonbirds was the top-selling NFT collection this past month with $492 million in global sales.  Jamie Redman  Si Jamie Redman ang News Lead sa Bitcoin.com News at isang financial tech na mamamahayag na naninirahan sa Florida. Si Redman ay isang aktibong

2022-05-02Industriya

MEXC Global adds UniX Gaming (UNIX) - BitcoinEthereumNews.com

KabuhayanAng MEXC Global ay nagdagdag ng UniX Gaming (UNIX)05 / 02 / 2022Balita ng Ethereum ng Bitcoin  UNIX, the native token of the play-to-earn ecosystem UniX Gaming, is officially live on the cryptocurrency exchange MEXC Global.  MEXC is a top 20 crypto exchange and its listing of UNIX makes it the second centralized exchange (CEX) to add support for the token. Users can now deposit, withdraw and trade the UNIX tokens begining 2 pm UTC on 2 May 2022, UniX anounced on Monday.  n Naghahanap ka ba ng mabilis na balita, maiinit na tip at pagsusuri sa merkado?n n Pag-sign up para sa Invezz newsletter, ngayon.n n  “This is the second centralised exchange listing weve had this year, and we are so excited to anounce more over the next several months.”  Mirko Basil Doelger, the co-founder and CEO of Unix Gaming.  Bittrex Global became the first CEX to list UNIX on 24 January this year, with UNIX/USDT, UNIX/BTC, UNIX/ETH pairs available.  UniX Gaming – Web3 and metaverse ambitions  UniX‘ listing on yet another major crypto exchange marks another milestone for the P2E gaming guild’s community. After starting the year with the Bittrex listing, the latest development adds to a growing list of achievements that include the recently anounced

2022-05-02Industriya

Ethereum Holds Above $2,700 and Reaches Oversold Region - BitcoinEthereumNews.com

The price of Ethereum (ETH) is in a downtrend as the largest altcoin has reached the low of $2,717. The price of Ether has a series of lower highs and lower lows.  Ethereum Price Long-Term Analysis: bearish  n Today, the cryptocurrency is trading at $2,840 as of press time. The current upward correction is likely to be rejected at a high of $2,951. In other words, the market will face resistance at the 21-day line SMA. If the bulls break the moving averages to the upside, the market will rise to the highs of $3,000 or $3,500. However, if the altcoin fails to break through the moving averages, Ether will retrace and regain the previous low at $2,717. Nevertheless, the altcoin will continue to fall to $2,447 if the price breaks the current support.  n Pagsusuri ng mga tagapagpahiwatig ng Ethereum  n Ether is at level 42 of the Relative Strength Index for the period 14. The largest altcoin is trading in the downtrend zone and is capable of further downward movement. Ether also has a bearish crossover. That is, the 21-day line SMA crosses below the 50-day line SMA, indicating a sell order. The altcoin is below the 20% area of the daily

2022-05-02Industriya

MedTech Firm, Spine, Changes Name, Introduces Product for Crypto Miners - BitcoinEthereumNews.com

cryptoMedTech Firm, Spine, Changes Name, Introduces Product for Crypto Miners05 / 02 / 2022Balita ng Ethereum ng Bitcoin  Spine Injury Solutions, a spine injury-related medical service and technology (MedTech) company, has changed its name to Bitech Technologies Corporation.  This comes a few weeks after the MedTech company completed its pagtatamo of Bitech Mining Corporation, a revolutionary renewable energy technology solution provider for the cryptocurrency mining industry.  The change of name is part of the companys planed expansion of its business to focus on the introduction of its Tesdison technology, a patented self-charging technology to provide a green energy solution to the cryptocurrency mining sector.  Spine said the new name was approved by its Board of Directors last Thursday, adding that it plans to file a notice regarding the change and a request for a symbol change with the Financial Industry Regulatory Authority.  Panatilihin Reading  It noted that Tesdison was validated by National Technical Systems, a global provider of testing, inspection and certification services, in September 2019.  The Tesdison Technology  Spine said Tesdison, a high-efficiency electric power generation and charging system, is a US-patented technology named by combining ‘Tesla’ and ‘Edison’.  “This system is expected to result in a power-savings solution with up to a 99% energy efficiency to replace

2022-05-02Industriya

El Salvador Bitcoin wallet shows ‘strong sign of adoption,’ exec says - BitcoinEthereumNews.com

El Salvadors government-backed Bitcoin (BTC) wallet has reached significant success in terms of adoption, according to an exec at the cryptocurrency exchange behind the wallet.  The Chivo wallet was launched in conjunction with BTC becoming legal tender in El Salvador on Sept. 7, 2021. The official platform allows users to buy and sell Bitcoin, offering cryptocurrency custody and exchange services provided by the Mexican crypto trading platform Bitso.  Bitso essentially provides back-end technology so that the government of El Salvador can purchase Bitcoin and ensure that BTC is convertible to the United States dollar, Bitsos chief corporate and regulatory affairs officer Felipe Vallejo told Cointelegraph on Friday.  “Ever since it began working with the government in September, Bitso has continued to provide liquidity to the Chivo wallet,” Vallejo said. He added that Bitso started to operate in El Salvador through Chivo and is currently present in the country via that platform only. However, the exchange is active in Mexico, Brazil, Argentina and Colombia.  According to Vallejo, Chivo has achieved great success in the seven months after its somewhat bumpy rollout, when the wallet faced technical issues and even went offline.  “Through our work with the Chivo Wallet, weve been able to see how a significant

2022-05-02Industriya

Gold Is Under Pressure As Treasury Yields Return To Yearly Highs - BitcoinEthereumNews.com

Gold settled below the support at $1890 and is trying to get below the next support level at $1880. In case this attempt is successful, gold will move towards the support, which is located at $1865.  A successful test of the support at $1865 will open the way to the test of the next support at $1850. If gold declines below this level, it will head towards the support at $1830.  On the upside, the previous support at $1890 will serve as the first resistance level for gold. In case gold gets back above this level, it will head towards the resistance at $1900.  A successful test of the resistance at $1900 will push gold towards the next resistance at $1915. If gold moves above this level, it will head towards the 20 EMA at $1925.  Para sa isang pagtingin sa lahat ng mga kaganapan sa ekonomiya ngayon, tingnan ang aming pang-ekonomiya kalendaryo.  Patuloy ang kuwento  ito artikulo ay orihinal na nai-post sa FX Empire

2022-05-02Industriya

Wealth Manager Mike Alfred May Have Left Secret Message for Cardano Community in His Recent Tweet - BitcoinEthereumNews.com

While Cardano gets its portion of criticism, its not related to fundamental problems of the network  Nilalaman  Ethereum user pays $40,000 in fees  Solana going down  Sa kanyang pinakabagong tiririt, cryptocurrency wealth manager Mike Alfred criticized networks like Ethereum, Solana and even Cardano, highlighting the superiority of Bitcoin, which holds stable block issuance and processing since the launch of the blockchain.  The tweet gathered the most recent negative events from each network, including Ethereum, Cardano and Solana. But while the wealth manager highlighted functionality and performance issues on the two networks, Cardanos critique was not of the fundamental issues of the network.  Si Solana ay sira. Napakataas ng mga bayarin sa gas ng Ethereum na talagang hindi ito magagamit. Ang Cardano ay magiging zero.  Samantala, #Bitcoin naglalabas ng bagong bloke tuwing 10 minuto tulad ng orasan.  Hindi ito rocket science, mga tao.  - Mike Alfred (@mikealfred) Mayo 1, 2022  Alfred noted that Cardanos market performance was far from being acceptable by the cryptocurrency market standard, but the network keeps on growing, allowing developers to build scalable, cheap and efficient decentralized solutions and applications.  Ethereum user pays $40,000 in fees  Following the minting of lands in the Otherside Metaverse related to the Bored Ape Yacht Club, the Ethereum network became highly congested, causing

2022-05-02Industriya

ETH burning and gas prices surge, how will ETH’s value be shaped? - BitcoinEthereumNews.com

EthereumETH burning and gas prices surge, how will ETHs value be shaped?05 / 02 / 2022Balita ng Ethereum ng Bitcoin  Ethereum ETH / USD is a community-run cryptocurrency project that powers thousands of decentralized applications (dApps).  It is also the home for many non-fungible tokens (NFTs), as many creatives will typically select this specific blockchain network as a means of minting their NFTs.  n Naghahanap ka ba ng mabilis na balita, maiinit na tip at pagsusuri sa merkado?n n Pag-sign up para sa Invezz newsletter, ngayon.n n  The Yuga Labs sale of Otherdeeds NFTs as a catalyst for growth  Ethereum‘s community saw the largest NFT mint as of yet, as Ethereum’s gas prices increased to unprecedented levels, as even users experienced failed transactions due to bottlenecks experienced by the network.  On April 26, we went over an Ethereum Health Check, where we jumped into on-chain analysis to view the state of the worlds second-largest cryptocurrency. However, this network was tested to its limits on May 1, 2022.  Bored Ape Yacht Club creator Yuga Labs launched a sale of Otherdeed NFTs, which represent digital land seeds on the Otherside metaverse.  Each piece of land sold at 305 ApeCoin (APE), after which Yuga Labs made $561 million after selling 55,000

2022-05-02Ethereum
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