Ethereum (ETH) Price Reaches Bullish Weekly Close

Ethereum  Ethereum (ETH) Price Reaches Bullish Weekly Close  Balita ng Ethereum ng Bitcoin  The Ethereum (ETH) price reached its highest weekly close since April 2022 last week and then moved above $3,000 this week.  Will this increase take Ethereum to an all-time high, or will the price fail to sustain it? Lets find out!  Ethereum Clears Long-Term Resistance  The weekly time frame technical analysis shows the ETH price has increased significantly during the past two weeks, creating a large bullish weekly candlestick. This was especially visible last week.  The upward movement of Ethereum caused the first weekly close above a long-term horizontal area, which has intermittently acted as resistance and support since April 2021. ETH reached a high of $3,032 today, the highest since April 2022.  Lingguhang Tsart ng ETH USD. Pinagmulan: TradingView  The weekly Relative Strength Index (RSI) supports the ongoing upward movement. Traders utilize the RSI as a momentum indicator to assess whether a market is overbought or oversold and whether to accumulate or sell an asset.  If the RSI reading is above 50 and the trend is upward, bulls still have an advantage, but if the reading is below 50, the opposite is true. The indicator increased above 70, indicating the bullish trend is heating up.  Magbasa Nang

2024-02-24Ethereum

What Coinbases Ethereum ETF stance may mean for ETHs price

Crypto exchange Coinbase has told the U.S SEC. that it was ready to support the Ethereum [ETH] ETF application Grayscale filed.  According to the memo directed at Vanessa Countryman, the SEC Secretary, Coinbase noted that it has satisfied that Exchange Act since it was publicly listed in the country.  Beyond that, the exchange noted that Ethereums transition to Proof-of-Stake (PoS) has made it clear that the cryptocurrency is not a security. It explained that,  “The market has long understood that ETH is not a security. Senior officials of the Commission have publicly said as much on several occasions over the past six years, and neither the Commission nor its staff has disavowed this position, even after the Merge.”  No sleeping on ETH  The exchange also noted that it was the major custodial of the recently approved spot Bitcoin [BTC] ETFs. As such, the commission should have any issues approving the Ethereum ETFs.  Since the Bitcoin ETF approval in January, market participants have been optimistic that Ethereum would follow.  Also, the SEC had set the potential approval deadline for May. As a result, attention has been shifting from BTC to ETH. At press time, ETH changed hands at $3,000, a 30% hike in the 30 days.  This was on

2024-02-23Ethereum

Ang Reddit ay Bumili ng Bitcoin (BTC) at Ethereum (ETH)

Nilalaman  IPO ng Reddit at paglahok ng user  Eksperimento ng blockchain ng Reddit  Ang Reddit, ang sikat na platform ng social media na kilala sa magkakaibang mga forum at content na hinimok ng komunidad, ay gumawa ng mga headline sa kamakailang desisyon nitong mamuhunan sa mga cryptocurrencies, partikular sa Bitcoin (BTC) at Ethereum (ETH), gaya ng ipinahayag sa S-1 na pag-file nito.  Ang kumpanya ay hindi lamang namuhunan ng ilan sa mga sobrang reserbang cash nito sa mga nangungunang digital na pera ngunit nag-eksperimento rin sa teknolohiya ng blockchain bilang bahagi ng mas malawak na diskarte nito upang magbago at manatiling nangunguna sa digital space.  Ang hakbang na ito ay dumating sa panahon na ang Reddit ay naghahanda para sa paunang pampublikong alok nito (IPO), na naglalayong mag-alok ng isang natatanging pagkakataon para sa base ng gumagamit nito na direktang lumahok sa paglago ng kumpanya sa hinaharap.  IPO ng Reddit at paglahok ng user  Ang Reddit ay nag-anunsyo ng mga plano upang payagan ang mga pinaka-aktibong user nito, kabilang ang ilang mga moderator, ang pagkakataong direktang bumili ng mga pagbabahagi.  Ang diskarteng ito, habang potensyal na tumataas ang pagkasumpungin ng presyo sa merkado ng Class A na karaniwang stock nito, ay nagpapakita ng pangako ng kumpanya sa etos

2024-02-23Ethereum

Binance Announces Investing in Ethereum-Based Protocol!

Binance, the worlds largest cryptocurrency exchange, announced that it has invested in Ethereum-based protocol Renzo to support liquid repurchase in the EigenLayer ecosystem.  The statement included the following statements:  Binance Labs, the venture capital and incubation arm of Binance, has invested in Renzo, a Liquid Retaking Token (LRT) and EigenLayer Strategy Manager created to drive widespread adoption of EigenLayer.  The mission of the protocol is to develop common security on EigenLayer and set the standard for risk management in reacquisition.  Binance Co-Founder at Pinuno ng Binance Labs Yi Sinabi niya:  Renzos technology removes the complexities of Liquid Retaking, enabling more users to participate in Liquid Retake.  At Binance Labs, we are always looking for innovative DeFi projects that offer new use cases, and we look forward to witnessing Renzos growth in the Liquid Retaking industry.  Renzo is working with enterprise-level node operators to offer local ETH repurchase service. Currently, the protocol supports both native ETH deposits and LST tokens such as stETH and wBETH.  Nasasabik kaming ipahayag na namuhunan na kami @RenzoProtocol!  Si Renzo ay isang LRT at Strategy Manager para sa EigenLayer. Ang protocol ay nagsisilbing interface sa EigenLayer ecosystem sa pamamagitan ng pag-secure ng mga AVS at pag-aalok ng mga karagdagang ani.  — Binance Labs Fund (@BinanceLabs) Pebrero

2024-02-23Ethereum

Ang ginto ay dumudulas sa tumataas na yield ng US habang ipinapakita ng data ang solidong ekonomiya, na nagpapaantala sa pagbabawas ng Fed rate

Balita ng Ethereum ng Bitcoin  Ang mga presyo ng ginto ay bahagyang mas mababa, nakikipagkalakalan sa loob ng $2,020-$2,024, na sumasalamin sa maingat na damdamin ng mamumuhunan.  Ang lakas ng trabaho sa US at mga numero ng PMI ay sumusuporta sa hilig ng Fed na mapanatili ang kasalukuyang mga antas ng rate.  Ang tumataas na US Treasury yields ay nagpapahiwatig ng pag-aalinlangan sa merkado tungkol sa agarang pagbawas sa rate ng Fed, isang tailwind para sa US Dollar.  Ang presyo ng ginto ay nagpi-print ng katamtamang pagkalugi noong Huwebes matapos ipakita ng data ng ekonomiya mula sa United States na solid ang ekonomiya ng US batay sa malakas na bilang ng trabaho. Ang aktibidad ng negosyo ay patuloy na lumalawak sa kabila ng paglamig mula sa isang naunang mainit na sunod-sunod na, habang ang Minutes ng pinakahuling pulong ng patakaran sa pananalapi ng Federal Reserve (Fed) ay hudyat na ang mga gumagawa ng patakaran ay hindi nagmamadaling magbawas ng mga rate. Ang XAU/USD ay nakikipagkalakalan sa loob ng $2,020-$2,024 na lugar, bumaba ng 0.06%.  Ang mga mangangalakal ng XAU/USD ay nananatiling naaaliw sa abalang pang-ekonomiyang docket sa US. Ang US Bureau of Labor Statistics (BLS) ay nagsiwalat na ang unemployment claims para sa pinakahuling linggo

2024-02-23Industriya

Reddit IPO filing reveals treasury exposure to Bitcoin, Ethereum

Social media giant Reddit has been quietly buying Bitcoin and Ethereum with some of its excess cash and holds an undisclosed amount of the two tokens in its treasury for investment purposes.  The social media giant‘s crypto exposure details were revealed in its initial public offering (IPO) prospectus, which was filed with the SEC on Feb. 22. The filing comes after months of speculation about the company’s plans to go public.  The company did not disclose how many shares it plans to sell or the price range for the offering. However, it is expected to be one of the largest tech IPOs of the year.  Crypto exposure  The filing clarifies that Reddit‘s crypto holdings are confined to Bitcoin and Ethereum, both established players in the crypto space. The revelation was somewhat of a surprise, considering the company’s cautious approach toward crypto in recent years.  According to the document, Reddits board of directors has approved the investment policy, which focuses on “risk mitigation” by only investing in cryptocurrencies deemed “not likely to be a security” by regulatory bodies.  The filing did not disclose the amount of Bitcoin and Ethereum held in the treasury or how long the company has been buying them.  While the disclosed crypto holdings are

2024-02-23Ethereum

Maaaring Umabot ng $4,500 ang Ethereum

The crypto market can make your head spin in excitement. Its been crazy lately with a new Bitcoin (BTC) ETF ad; even analyst Eric Balchunas paid attention to it. Meanwhile, Ethereum (ETH) looks poised to go past $4,500. Also, KangaMoon (KANG), now in Stage 2 of its presale, is being pegged as the next 100x meme coin in 2024.  Bitcoin ETF Ad Analysis by Eric Balchunas  Ang analyst ng Bloomberg Eric Balchunas quickly broke down the latest Bitcoin ETF ad from BlackRock, highlighting its language. He pointed out that the ad is “progress”. Furthermore, Balchunas stated that this ad was targeting traditional investors who never thought of things like Bitcoin as an investment.  This Bitcoin news may trigger a rally for this crypto. In terms of the Bitcoin crypto value movement, it jumped from $49,930 to $51,883 over the past week alone. Its market cap grew from $981B to $1.01T during that period. The sentiment is bullish, with 26 technical indicators flashing green for Bitcoin. Experts predict another surge to $71,565 within Q2 of 2024.  Michaël Van De Poppe: Ethereum (ETH) on Track To Reach $4,500  According to prominent crypto analyst Michaël Van De Poppe, Ethereum (ETH) is on pace to reach $3,800-$4,500. When looking

2024-02-23Ethereum

Bumagsak ang ginto habang pinapanatili ng Fed ang hawkish na salaysay

Bumagsak ang ginto habang pinapanatili ng Fed ang hawkish na salaysay  Bumaba ang presyo ng ginto habang bumabawi ang US Dollar habang pinapanatili ng Fed ang hawkish na retorika.  Ang US Dollar ay rebound nang mas maaga sa Ang data ng US SP Global PMI, na magbibigay liwanag sa pananaw sa ekonomiya.  Ang mga geopolitical na tensyon ay nagpapanatili sa mga asset na ligtas na kanlungan.  Ang presyo ng ginto (XAU/USD) ay nahaharap sa matinding sell-off pagkatapos mag-print ng bagong lingguhang mataas sa itaas ng $2,030 sa unang bahagi ng New York session noong Huwebes. Ang mahalagang metal ay nagpupumilit na humawak ng limang araw na sunod-sunod na panalong bilang ang Federal Open Market Committee (FOMC) Minutes ng huling pulong ng patakaran ng Enero ay nagpahiwatig na ang karamihan sa mga gumagawa ng patakaran ng Federal Reserve (Fed) ay hindi nagmamadaling i-unwind ang mahigpit na paninindigan ng patakaran sa pananalapi.  Ang mga Fed policymakers ay inaasahang panatilihing hindi nagbabago ang mga rate ng interes sa hanay na 5.25%-5.50% hanggang sa makumbinsi sila na makakamit ang katatagan ng presyo. Ang pagpapagaan ng mga presyur sa presyo sa loob ng ilang buwan ay maaaring bumuo ng kumpiyansa sa mga Fed policymakers na ang inflation ay patuloy na

2024-02-23Industriya

Nakatakdang Mangibabaw ang Crypto Pagkatapos ng Pag-apruba ng Ethereum ETF

Sa pagtatapos ng pag-apruba ng Ethereum ETF na nagtakda ng yugto para sa crypto na mangibabaw, mayroong higit na nakapagpapasiglang balita mula sa crypto realm. Ang momentum mula sa kaganapang ito ay lumilitaw na tumagos sa mas malawak na globo bilang ebidensya ng isang record-breaking na pagtaas sa lingguhang pag-agos sa mga pondo ng crypto. Ang pag-unlad na ito ay nagbabadya ng lumalaking interes ng mamumuhunan sa mga Bitcoin ETF, na nagpapalakas sa kahalagahan ng pag-unawa sa nagbabagong dinamika ng umuusbong na digital asset ecosystem.  BlastUP Presale: Isang Beacon ng Predictability sa Volatile Crypto Space  Ang pagbili ng mga presale na token ay maaaring isang magandang ideya, dahil sila ay immune sa mga wild swings ng market na ang kanilang presyo ay naka-pin sa isang tiyak na antas. Ang pagiging mahuhulaan ay isa sa mga pangunahing benepisyo ng mga presale na proyekto tulad ng BlastUP. Ito ang unang launchpad sa Blast, ang tanging solusyon sa Layer 2 na may katutubong ani para sa ETH at mga stablecoin at ang unang nakaabot ng nakakagulat na $1 bilyon na TVL sa loob lamang ng isang buwan.  Ang BlastUP ay nakatuon sa pagpapaunlad ng isang matatag na komunidad na may Blast ecosystem kung saan ang lahat

2024-02-23Ethereum

Testnet Launch para sa dWallet Network

Testnet Launch para sa dWallet Network  Ang Mga Press Release ay naka-sponsor na nilalaman at hindi bahagi ng nilalamang pang-editoryal ng Finbold. Para sa isang buong disclaimer, mangyaring . Kung makatagpo ka ng anumang mga isyu, mangyaring iulat ang mga ito sa . Ang mga asset/produkto ng crypto ay maaaring maging lubhang mapanganib. Huwag kailanman mamuhunan maliban kung handa kang mawala ang lahat ng pera na iyong ipinuhunan.  dWallet Labs today announced the Testnet launch of dWallet Network – a first-of-its-kind composable modular signature network. The dWallet Network introduces a new primitive for multi-chain collaboration in web3 — dWallets — a noncollusive and massively decentralized signing mechanism that can be used as a building block on L1s and L2s to sign native transactions to all chains such as Bitcoin, Ethereum and Solana.  The vulnerabilities of cross-chain  With growing demand to operate across different blockchains, developers have been forced to sacrifice the fundamental principles of Web3 – user ownership and decentralization. Existing cross-chain solutions such as bridges and messaging protocols reduce the native security of on-chain assets by removing the need for user consent, opening up vulnerabilities for network participants to collude to steal user funds. dWallets are the first to ensure the security of

2024-02-23Industriya
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