Crypto Market Prediction For Next 12-24 Months: Potential Targets For BTC, ETH, LINK & 2 More

Bitcoin crypto Ethereum  Crypto Market Prediction For Next 12-24 Months: Potential Targets For BTC, ETH, LINK & 2 More  Balita ng Ethereum ng Bitcoin  Renowned crypto trader Crypto Rover has set the stage for an exciting period in the crypto market, sharing his bold price targets for various cryptocurrencies over the next 12-24 months. In a kamakailang tweet, he outlined optimistic projections for Bitcoin, Ethereum, Tao, Chainlink, Render Token, and Fetch.ai, hinting at substantial gains in the foreseeable future.  BTC To Hit $120K – $220K  Crypto Rover‘s projections for Bitcoin are optimistic, setting a target range between $120,000 and $220,000. As the flagship cryptocurrency, Bitcoin’s performance often sets the tone for the broader market.  As of now, bitcoin price is trading at $67,428.68, a change of 0.96% over the past 24 hours.  Ethereum Aim For $10K – $14K  The trader envisions Ethereum reaching impressive heights, forecasting a price range of $10,000 to $14,000. Ethereums significance in the decentralized finance (DeFi) space and its transition to Ethereum 2.0 contribute to these ambitious predictions.  Chainlink Targeting $250 – $350  Chainlink (LINK), a major player in the decentralized oracle space, has caught Crypto Rover‘s interest with a predicted range of $250 to $350. The cryptocurrency’s role in connecting smart contracts with real-world data

2024-03-09Ethereum

Si SEC Chair Gary Gensler ay Tumangging Magkomento sa Kung ang Ethereum ay isang Seguridad, Inihahalintulad ang Crypto sa isang Roller Coaster

crypto Ethereum  Si SEC Chair Gary Gensler ay Tumangging Magkomento sa Kung ang Ethereum ay isang Seguridad, Inihahalintulad ang Crypto sa isang Roller Coaster  Balita ng Ethereum ng Bitcoin  U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is declining to comment on whether smart contract platform Ethereum (ETH) counts as a security or a commodity.  In a new interview with Bloomberg Television, Gensler says he does not want to answer questions about Ethereum‘s classification as an asset amid anticipation of the regulatory agency’s decision on spot market ETH exchange-traded fund (ETF) applications.  Gensler says that cryptocurrencies are a highly speculative asset class, citing the volatility of Bitcoin (BTC) during the last few days.  The SEC Chair goes on to reiterate that there are some contexts where digital assets can be considered securities. He says a defining factor is what an investor expects from the asset when purchasing it.  The SEC greenlighted 11 applications for spot Bitcoin ETFs in January. The agency could decide on spot market ETH ETF bids sometime in May.

2024-03-09Ethereum

Pagbawas ng Supply ng Ethereum: Ang Epekto ng Proof-of-Stake

Ethereum  Pagbawas ng Supply ng Ethereum: Ang Epekto ng Proof-of-Stake  Balita ng Ethereum ng Bitcoin  The Ethereum network has seen a reduction of 417,413 ETH in supply since transitioning to a Proof-of-Stake (PoS) consensus mechanism in September 2022, per data from ultrasound.money. In the 540 days since The Merge, 1,509,991 ETH has been burned while the network has issued 1,092,578 new ETH, resulting in a net decrease.  As of press time, the market value of the ETH removed from the supply stands at $1,653,797,635, marking an annual inflation rate of -0.23%.  Ethereum issuance since The Merge (Source: ultrasound.money)  In contrast, Bitcoin‘s supply has grown by 1.716% over the same period. This highlights the divergent monetary policies of the two largest cryptocurrencies, as Bitcoin maintains a predictable issuance schedule. At the same time, the balance between staking rewards and transaction fee burning now determines Ethereum’s supply change.  A Proof-of-Work (PoW) simulation on the ultrasound.money dashboard shows Ethereums supply would have increased by over 5.5 million ETH during the same period had the network not shifted to PoS. Under the PoW model, the simulation indicates 7,031,556 ETH would have been issued with the same 1.5 million ETH burn rate, leading to a net increase of 5,521,564 ETH since The

2024-03-09Ethereum

Ethereum edges near $4000 as EigenLayer becomes second-largest DeFi protocol

Ethereum  Ethereum edges near $4000 as EigenLayer becomes second-largest DeFi protocol  Balita ng Ethereum ng Bitcoin  Ethereum, the second-largest digital asset by market capitalization, is trading near the pivotal $4000 milestone for the first time since December 2021, up 15% during the past week.  Amid this price rally, leading restaking protocol EigenLayer is now the second-largest DeFi protocol in terms of total value locked, according to DeFillama data.  Ang presyo ng ETH  Ethereum is currently priced at $3954 following a 4% gain during the past day, according to data.  This upward movement in Ethereums value can be linked to the excitement surrounding the upcoming Dencun upgrade scheduled to go live on the mainnet by Mar. 13. Dencun brings proto-danksharding to Ethereum, a strategic move aimed at lowering transaction expenses for layer-2 blockchains, thus tackling scalability concerns head-on.  Moreover, the market is anticipating the potential approval of a spot ETH ETF by the US SEC. Should this approval materialize, it could serve as a significant catalyst propelling the ongoing price surge even further.  EigenLayer‘s TVL soared to an all-time peak of $11.7 billion during the week, surpassing Aave’s TVL of $11.4 billion.  Notably, on Mar. 5, the protocol witnessed a staggering $790 million positive change in TVL, marking its highest daily

2024-03-08Ethereum

Can American Eagle keep flying higher?

Pananalapi  Can American Eagle keep flying higher?  Tindera sa damit Amerikanong Eagle Outfitters (NYSE: AEO) has had a pretty good story to tell over the past couple of years. Heading into its fourth-quarter earnings release on Thursday, the retailer‘s stock price was up 11% year to date (YTD) at $23.45 per share, and that is coming off a 55% return in 2023. In fact, American Eagle’s stock has bounced back after a devastating 43% drop in 2022 that saw its share price sink below $10 per share.  On Thursday morning, American Eagle flew even higher, rising about 13% in early trading to over $26 per share after it posted strong fiscal fourth-quarter earnings and shared a three-year plan to boost profits.  Record fourth-quarter revenue  The numbers were pretty impressive for American Eagle in its fiscal fourth quarter , which ended Feb. 3. The retailer posted record revenue of $1.7 billion. This is a 12% year-over-year increase with store revenue jumping 10% and online revenue climbing 19%.  The American Eagle brand did $1.1 billion in sales, up 11% overall with comparable or same-store sales rising 6% from the same quarter a year ago. The Aerie women‘s brand did $538 million in revenue, up 16% overall with comparable

2024-03-08Industriya

Itinakda ang Bitcoin at Ethereum para sa Mahalagang Kaganapan sa Pag-expire

Bitcoin Ethereum  Itinakda ang Bitcoin at Ethereum para sa Mahalagang Kaganapan sa Pag-expire  A significant event is on the horizon with the impending expiry of 29,000 Bitcoin (BTC) options and 270,000 Ethereum (ETH) options, according to data provided by Greeks.live. This event, set to take place on March 8, encompasses options with a total notional value of over $3 billion.  The crypto market has been notably volatile, experiencing its highest fluctuations in nearly a year, with Bitcoin hitting a new all-time high above $69,000 before experiencing a sharp 10% decline.  The surge in options trading, driven by the U.S. money-driven spot bull market, shows growing investor interest.  Understanding options expiry  An options contract offers the buyer the right to purchase (in the case of a call option) or sell (in the case of a put option) the underlying asset at a predetermined price, known as the strike price before the contract expires on a specified date (expiry date).  The put-call ratio is a key indicator used to gauge market sentiment. It is calculated by dividing the number of traded put options by the number of traded call options.  A ratio below 1, such as 0.86 for BTC and 0.55 for ETH, suggests that more call options (bets that

2024-03-08Ethereum

Ang mga Minero ng Bitcoin ay Kumita ng $75.9 Milyon sa Araw-araw na Kita, Pangalawa sa Pinakamataas sa Kasaysayan

Bitcoin  Ang mga Minero ng Bitcoin ay Kumita ng $75.9 Milyon sa Araw-araw na Kita, Pangalawa sa Pinakamataas sa Kasaysayan  Sa gitna ng market-wide rally, lumilitaw na umaani ng malaking gantimpala ang mga minero ng Bitcoin. Noong ika-6 ng Marso, nakakuha sila ng tumataginting na $75.9 milyon sa pang-araw-araw na kita na minarkahan ang pangalawang pinakamataas na bilang sa kasaysayan ng nangungunang asset ng crypto.  Kinakatawan din nito ang isang kapansin-pansing pagtaas ng 30.74% mula sa nakaraang araw at isang kapansin-pansing pag-akyat ng 293.1% kumpara sa parehong petsa noong isang taon.  Record-Breaking Day para sa Bitcoin Miners  Tulad ng na-update ni Julio Moreno, pinuno ng pananaliksik sa CryptoQuant, ang milestone na ito ay malapit na sumusunod sa record na itinakda noong Abril 14, 2021, nang ang mga minero ay nakaipon ng napakalaki na $77.3 milyon sa isang araw. Sa panahong iyon, nakaranas ang Bitcoin ng pagwawasto ng higit sa 20%.  Samantala, ang pinakahuling surge ay dumarating sa gitna ng mabilis na surge ng Bitcoin na lampas sa $69,000, na kasunod na binago sa isang magulong downturn noong Martes.  Ang nangungunang asset ng crypto ay kasalukuyang nakikipagkalakalan sa humigit-kumulang $67,000. Sa kabila ng pagbaba, ang US-listed spot Bitcoin exchange-traded funds (ETFs) ay nakakita ng makabuluhang pag-agos, na nagmumungkahi

2024-03-08Industriya

Gold refreshes all-time highs, US yields drop ahead of Fed Powells testimony

Ang ginto ay nagre-refresh sa lahat ng oras na pinakamataas, ang mga ani ng US ay bumaba sa unahan ng patotoo ni Fed Powell  Gold price trades close to all-time highs near $2,160 as expectations for a Fed rate cut in June increase.  The US Dollar has weakened as recent data doubts the strong momentum of US growth.  Investors will keenly focus on the US NFP data for fresh impetus.  Gold price (XAU/USD) extends its winning streak for the seventh trading session on Thursday. The precious metal refreshes all-time highs near $2,160 amid multiple tailwinds. Firm expectations for a rate-cut decision by the Federal Reserve (Fed) in the June monetary policy meeting have strengthened the appeal for Gold. Improved safe-haven demand due to uncertain global financial conditions has also strengthened demand for Gold.  A sharp decline in US Treasury yields has reduced the opportunity cost of holding investments in non-yielding assets, such as Gold. 10-year US Treasury yields are slightly up by 0.2% at 4.11% in Thursdays European session, but have dropped sharply from 4.22% in the last two trading sessions.  Yields on interest-bearing government bonds slumped as Fed Chair Jerome Powell said in his semi-annual report presented to Congress that rate cuts would be appropriate

2024-03-08Industriya

Investment fraud relating to crypto rose 53% in 2023, FBI says

Investment fraud relating to crypto rose 53% in 2023, FBI says  Crimes involving cryptocurrency scams are on the rise, seeing a 53% year-over-year increase in 2023, according to the Federal Bureau of Investigations latest internet crime report.  “Investment fraud with a reference to cryptocurrency rose from $2.57 billion in 2022 to $3.94 billion in 2023,” the report, published Wednesday, read. “These scams are designed to entice those targeted with the promise of lucrative returns on their investments.”  Online fraud losses totalled more than $12.5 billion in 2023, up 22% from 2022, data from the Internet Crime Complaint Center (IC3) shows. Scams involving business email compromise — schemes targeting both companies and individuals — accounted for $2.9 billion of total losses in 2023, the FBI found.  Magbasa nang higit pa: Ang lahat ng pandaraya ay magiging crypto fraud. At ayos lang.  Email swindlers are turning to cryptocurrencies to facilitate their cons, the report added, with more illicit actors using exchanges and other third parties to collect funds from victims.  “Data suggests fraudsters are increasingly using custodial accounts held at financial institutions for cryptocurrency exchanges or third-party payment processors, or having targeted individuals send funds directly to these platforms where funds are quickly dispersed,” the report noted, adding

2024-03-08Industriya

Pullix (PLX) Outshines Ethereum (ETH) at Solana (SOL) Habang Nag-debut Ito Sa Kalawakan

Ang pag-asam ng bull run para sa taong ito ay nagsimula na, na may nangungunang mga crypto coins tulad ng Solana (SOL) at Ethereum (ETH) na mga token na nangunguna sa singil. Ang parehong mga cryptocurrencies ay nakakuha ng malaki sa nakaraang buwan sa kanilang chart ng presyo na walang pinipiling nagpapakita ng isang mataas na bullish trajectory. Samantala, ang isang bagong DeFi coin at hybrid exchange platform, Pullix (PLX), ay nagpapakita ng potensyal na madaig ang Ethereum at Solana sa pagsisimula nito sa mainstream na merkado ng cryptocurrency.  Ang Ethereum (ETH) ay naglalayon ng $4,000 Habang Nakamit Nito ang Mga Malalaking Bullish Stride Sa Nakaraang Buwan  Ang trajectory ng presyo ng Ethereum (ETH) ay medyo kahanga-hanga sa nakalipas na buwan dahil ang katutubong ETH token ay nakakuha ng higit sa 61%, na dinadala ang presyo nito sa isang malakas na punto sa itaas ng hinahangad nitong $3,600. Sa kasalukuyan, ang Ethereum token ay may hawak na lingguhang hanay ng presyo na $3,217 at $3,822, gayunpaman, kung isasaalang-alang ang 92% na bullish rating mula sa komunidad nito, dapat na masira ng Ethereum ang mas maraming resistance zone anumang oras sa lalong madaling panahon.  Sa nakaraang linggo, ang Ethereum ay nakakuha ng 14.14% sa

2024-03-08Ethereum
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