No Influx of New Users for Ethereum Despite Spot ETH ETF Hype: Data

Ethereum  No Influx of New Users for Ethereum Despite Spot ETH ETF Hype: Data  Balita ng Ethereum ng Bitcoin  Ethereum, alongside the rest of the crypto market, experienced a notable resurgence in the past several weeks, with its price jumping to a 19-month peak at $2,400. This comes amid growing anticipation regarding the approval of a spot ETH ETF in the States.  However, the second-largest blockchain network has not seen its user count increase, which leads to the question of whether ETHs price will climb further should that change.  No New Users for Ethereum  As mentioned above, the crypto market seems to have put behind the devastating 2022 crash and bear cycle as the prices of numerous assets, including ETH, have shot up to their highest levels in almost two years. The total crypto market cap has risen by over half a trillion in the past few months.  Ethereum, being the second-largest cryptocurrency by market cap, is among the most popular assets, especially for users aiming for DeFi, NFTs, or other niches that employ the blockchain. However, data from IntoTheBlock shows that there hasnt been much interest from new users to come on board lately.  Despite the bullish market conditions, Ethereum is not seeing a significant influx of

2023-12-10Ethereum

Early Ethereum whale moves $90m to Kraken; Arweave holders eyeing Pullix presale

Ethereum  Early Ethereum whale moves $90m to Kraken; Arweave holders eyeing Pullix presale  Balita ng Ethereum ng Bitcoin  Pagbubunyag: Ang artikulong ito ay hindi kumakatawan sa payo sa pamumuhunan. Ang nilalaman at mga materyales na itinampok sa pahinang ito ay para sa mga layuning pang-edukasyon lamang.  Recently, a dormant Ethereum whale moved coins worth approximately $90 million to Kraken, a crypto exchange, after five years, prompting discussions among analysts and crypto enthusiasts.  At the same time, Arweave holders are actively exploring Pullix as the project approaches its token presale.  Ang Ethereum ay nananatiling bullish  In crypto, whale movements negatively impact prices, especially if coins are moved to an exchange.  Recently, a whale deposited 39,260 ETH to Kraken. This address had previously received 47,260 ETH, valued at just over $11 million at that time, from a single transaction in 2017.  If the whale sells, the address could realize $90 million in the current market conditions.  Arweave holders explore Pullix presale  Early Arweave holders understand the importance of early-stage investment.  For perspective, AR prices reached an all-time high of $90.94 in November 2021, a 200,000% increase from its all-time low of $0.4 in May 2020.  Despite prices declining in 2022, AR is trading at around $8. Early investors are still in profit.  Some Arweave holders are

2023-12-09Ethereum

News for Ethereum and InQubeta

Ethereum  News for Ethereum and InQubeta  SPONSORED POST *  In preparation for the new year, investors have been looking for the pinakamahusay na pamumuhunan sa crypto opportunities. The state of the market has been very positive these past months, which has led to optimistic predictions for many cryptocurrencies, especially Ethereum (ETH). Token Terminal, an analytics tool, has projected that Ethereum may reach $36,800 by 2030. This suggests that Ethereum‘s advantages over mga bagong proyekto ng DeFi and network expansion point to an 18X increase by the decade’s end.  As market optimism grows, Polkadot (DOT) and InQubeta (QUBE) have exceeded expectations. DOT recently staged a recovery, surging from its $3.55 low. At the same time, QUBE continues to deliver on promised profits during its crypto ICO, pulling in investors with milestone achievements and a constant push to new highs. These performances have revived interest in Polkadot and increased investor confidence in InQubeta.  Let‘s explore Ethereum’s projection while examining Polkadot‘s and InQubeta’s price surges.  InQubetas (QUBE) Impressive Presale Performance Pushes It To Deliver Explosive Gains  When InQubeta launched the presale of its native token, QUBE, early this year, many thought that it was like other mga bagong proyekto ng DeFi that tried to jump on the AI trend. Surprisingly,

2023-12-09Ethereum

Ano ang Maaasahan ng mga Namumuhunan ng PEPE Coin? Updated PEPE Analysis!

crypto  Ano ang Maaasahan ng mga Namumuhunan ng PEPE Coin? Updated PEPE Analysis!  Balita ng Ethereum ng Bitcoin  Potential for a decline to this range; confirmation for long positions if support holds.  Break above $0.001571 with 2-hour candle closes could signal an upward move towards $0.001712.  Failure to surpass $0.00000172 may result in a downward movement to the significant support at $0.00000134.  PITO maintains an upward trend, contingent on daily closes above $0.00000172. Downside risk if it fails to surpass $0.00000172, with potential investment opportunities at key support levels ($0.00000134 and $0.00000123).  MEDIUM-TERM PEPE COIN ANALYSISDaily PEPE/USD Price Chart  Upon reviewing the daily technical chart of PEPE coin, it is evident that it continues its price movements within an ascending trend. For PEPE Coin to sustain this upward momentum, it must achieve daily candle closes above the $0.00000172 level.  Unless PEPE Coin surpasses the $0.00000172 resistance, it may undergo a downward movement towards the significant support level at $0.00000134. If PEPE coin experiences a decline to $0.00000134, it could be an opportune moment for spot investments. If PEPE coin continues its downtrend and reaches $0.00000123, a second purchase can be considered.  If PEPE Coin encounters robust buying reactions from the specified support zones, reigniting the upward trend, the initial target

2023-12-09Industriya

2 Dahilan Kung Bakit Hindi Maiiwasan ang Ethereum Mega Bull Run

Ethereum  2 Dahilan Kung Bakit Hindi Maiiwasan ang Ethereum Mega Bull Run  Balita ng Ethereum ng Bitcoin  ETHBTC price trending upward on the daily chart | Source: ETHBTC on Binance, TradingView  Tampok na larawan mula sa Canva, tsart mula sa TradingView

2023-12-09Ethereum

ETH, XRP, ADA, SOL, and BONK

Ethereum  ETH, XRP, ADA, SOL, and BONK  This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and BONK.  Ethereum (ETH)  ETHs price booked a 12% increase this past week after it was finally able to escape the ascending triangle that has been forming since 2022.  The breakout above $2,150 started this rally, which may not see any significant pullback until $2,500. That is the current target for this move. If buyers remain aggressive, they could aim to take Ethereum to $3,000 after that.  Looking ahead, the momentum is bullish, and ETH is showing signs it may recover some of the ground lost to Bitcoin in the past few weeks.  Tsart ng TradingViewRipple (XRP)  XRP is also bullish and managed to book a 5% increase this week. However, the resistance at 68 cents is still to be broken before this cryptocurrency can aim for higher levels.  The support at 57 cents held well, and considering that buyers are dominating the market right now, XRP could continue to perform in the coming week.  Looking ahead, this cryptocurrency could break the current resistance and aim to reach the previous high from July when XRP got close to $1.  Tsart ng TradingViewCardano (ADA)  ADA bulls woke up this week with an impressive 28%

2023-12-09Ethereum

Itinuring ng developer ng Bitcoin ang inskripsyon bilang isang teknikal na pagsasamantala

Balita ng Ethereum ng Bitcoin  In a Dec. 6 article, William Casarin, founder of Nostr Damus and a Bitcoin Core and Lightning Network developer, asserts that inscribing data as Bitcoin script program data is a technical exploit, emphasizing that Bitcoin is not designed for data storage.  Showing solidarity with Bitcoin developer Luke Dashjrs perspective of inscriptions being a bug, Casarin underscores the broader implications of this issue, tying it to the overall health and decentralization of the Bitcoin network.  Data and preferential treatment  As part of the release titled “Why Inscriptions are an exploit,” Casarin calls out that the intriguing aspect lies in individuals assigning value to images on the Bitcoin blockchain, with non-ideological miners and those indifferent to Bitcoins health and decentralization readily paying fees for inclusion.  Through his analysis, he concludes that data shouldn‘t receive preferential treatment; users must pay the total price, utilizing protocols like op_return and hashes for legitimate data storage in Bitcoin. Casarin also states that his stance is that the current scenario represents a significant data spam exploit, necessitating proactive solutions from Bitcoin developers. He commends ideological developers like Dashjr for prioritizing the network’s health and decentralization, in his statements calling inscriptions a bug that makes it possible for

2023-12-09Industriya

Bitcoin prepares for the next push up

Balita ng Ethereum ng Bitcoin  Bitcoin is consolidating in a bull flag ready for the next push to the upside. The huge level of $48,000 is only an 11% price move away.  So far everything is going to plan for bitcoin. The massive move upwards over the whole of 2023 is still in continuation. Will bitcoin be able to achieve $48,000, or even $50,000 by the end of the year? Its looking more and more likely.  Bitcoin consolidating quickly  Up, consolidate sideways, then up again. This seems to be the modus operandi of bitcoin since around the middle of September. In this almost 3 month period of time the price of bitcoin has risen around 74%.  Pinagmulan: Pangangalakal sa Pagbebenta  While bitcoin consolidated sideways with a good upward bias through 23 October to 1 of December, since then the price has started to accelerate to the upside, with now only short periods of consolidation within small triangle patterns or flags.  This current flag sees the bitcoin price wick down quite a way, but bulls were there to buy it right back up again. This tells the story that there is still a lot of strength in the alpha cryptocurrency.  Bitcoin dominance gets rejected  Pinagmulan: Pangangalakal sa Pagbebenta  Judging by the

2023-12-09Bitcoin

Inihula ng Popular Analyst ang Presyo ng XRP na Mag-rally ng Higit sa 2000% Batay sa Golden Cross Pattern

XRP has shown little or no action of late but its luck may just be about to change, according to popular crypto analyst JD.  XRP has shown little or no action of late but its luck may just be about to change, according to popular crypto analyst JD. JDs submission is based on a historical pattern of movement called the “golden cross”. And XRP may have just formed one on the 4-day timeframe.  In an explanation via a recent X magpaskil, the analyst explained that a golden cross is formed when an assets shorter moving average (MA) crosses above the longer moving average. This movement, according to JD, usually precedes a price breakout of great proportions.  To drive home his point, JD posted a 4-day XRP chart showing the price movements of XRP over the years. Interestingly, data from the chart show XRP conforming to the breakout pattern every time its shorter moving average (MA) crosses above the longer moving average.  XRPs Previous Crossovers Hint at What to Expect Now  According to the price history of XRP, the golden cross has only happened twice before now. The first happened in November 2017, which brought about an over 700% immediate rise in the assets value. In

2023-12-09Industriya

Bitcoin new high set for late 2024, Binance to lose top spot — VanEck

Bitcoin (BTC) will hit a new all-time high in late 2024 because of a long-feared United States recession and regulatory shifts after the next U.S. presidential election, asset manager VanEck predicts.  On Dec. 8, VanEck made 15 crypto predictions for 2024, including price forecasts, the timing of spot Bitcoin exchange-traded fund (ETF) launches, the impact of the Bitcoin halving, and emerging dominant crypto platforms.  VanEck 15 Crypto Predictions for 2024  Prediction #1. The US recession will finally arrive, but so will the first spot #Bitcoin ETFs. Over $2.4B may flow into these ETFs in Q1 2024 to support Bitcoins price.  — VanEck (@vaneck_us) Disyembre 7, 2023  VanEck is among several firms, including BlackRock and Fidelity, that are vying for an approved spot Bitcoin ETF, as well as a spot Ethereum ETF.  $2.4 billion to flow into Bitcoin ETFs in Q1  VanEck is confident that the first spot Bitcoin ETFs will be approved in the first quarter of 2024. However, it also had a gloomy prediction for the U.S. economy.  “The US recession will finally arrive, but so will the first spot Bitcoin ETFs,” it stated before predicting that “more than $2.4 billion may flow into these ETFs in Q1 2024 to support Bitcoins price.”  The firm also stated that

2023-12-09Bitcoin
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