Will Ethereum (ETH) Price Finally Reach New Yearly High?

Balita ng Ethereum ng Bitcoin  The Ethereum (ETH) price began an upward movement on November 17 and is approaching its yearly high.  Despite several attempts, ETH has yet to reach a new yearly high since April 16. Will it finally do so?  Ethereum Nearly Reaches Yearly High  The technical analysis of the daily time frame shows that the ETH price has increased rapidly since the start of October. During this time, it broke out from a descending resistance trendline that had been in place for 203 days, since the yearly high on April 16.  The upward movement culminated with a high of $2,136 on November 10, an increase of 30% since the October lows.  The ETH price fell afterward but regained its footing on November 17.  Pang-araw-araw na Tsart ng ETH USD. Pinagmulan: TradingView  Ginagamit ng mga mangangalakal sa merkado ang RSI bilang tagapagpahiwatig ng momentum upang matukoy ang mga kondisyon ng overbought o oversold at upang magpasya kung mag-iipon o magbebenta ng asset.  Ang mga pagbabasa sa itaas ng 50 at isang pataas na trend ay nagpapahiwatig na ang mga toro ay may kalamangan pa rin, samantalang ang mga pagbabasa sa ibaba 50 ay nagpapahiwatig ng kabaligtaran.  While the daily RSI is decreasing, it is still above 50.  Tingnan ang

2023-11-25Ethereum

Layer-2 network Blast becomes third-largest holder of staked Ethereum amid pyramid scheme allegations

Blast, a newly introduced Ethereum (ETH) layer-2 network promising “native yield” on ETH and stablecoin holdings, swiftly secured the position of the third-largest holder of staked ether in just three days post-launch, according to on-chain data.  Etherscan data indicates that the platform has amassed over 140,000 staked Ethereum, valued at approximately $286 million, utilizing the liquid staking protocol Lido since its inception on Nov. 20. This accumulation represents roughly 1.5% of the total staked Ether volume.  Debank‘s data further shows that the protocol’s multi-sig wallet currently holds assets worth more than $335 million, comprising Lido‘s staked Ether and MakerDAO’s stablecoin DAI.  Controversy Surrounds Blasts Pyramid-Like System  However, the rapid growth of Blast over the past three days has triggered strong criticism within the crypto community due to its pyramid-like Blast points system, which rewards early users based on the number of users they refer.  Details on the projects website outline that users receive an additional 16% of points when their referrals bring in more participants and an extra 8% if the subsequent level brings in additional users.  An intriguing aspect is that the inflows into the protocol remain one-directional, with no option for withdrawal until its slated launch in February next year.  Simon Dedic, the CEO and

2023-11-24Ethereum

Makakakuha ba ang Waves Price (WAVES) ng Lakas ng Mga Mamimili at Mag-zoom Pataas?

Pananalapi  Makakakuha ba ang Waves Price (WAVES) ng Lakas ng Mga Mamimili at Mag-zoom Pataas?  Balita ng Ethereum ng Bitcoin  Waves offers everything needed to support the backend of Web 3.0 services. Its technology meets the demands of developers and companies that want to use the features of blockchain systems, such as their security, auditability, verifiability, and the trustless execution of transactions and business logic.  The WAVES/BTC current market price (CMP) is $0.00005604 with an intraday gain of 1.71% and WAVES/USD has a CMP price of $2.0899 with an intraday gain of 4.22%.  Insights From Social Volume  The following chart of Waves covers the period from July 2023 to November 23, 2023. It shows a sharp surge in WAVES social volume at the time of publishing.  The social volume chart reflects how much it is talked about, valued, and sought after by the crypto community of the world.  The Santiment website chart also shows that the social volume of Waves has been positive for the last five months. The price was stable during this period. The assets showed price performance from october month. However, a further surge in social volume could enhance the price, as more peoples interest would rise in buying and holding it.  Pinagmulan: Sa pamamagitan ng

2023-11-24Industriya

Can Ripple (XRP) Capitalize on the Bullish Hints from Krakens Legal Strife?

Tech  Magagamit ba ng Ripple (XRP) ang mga Bullish na Pahiwatig mula sa Legal na Pag-aaway ni Kraken?  Balita ng Ethereum ng Bitcoin  Talaan ng nilalaman  The crypto world was shaken recently when Binance CEO ‘CZ’ stepped down, causing a dramatic $750 million downturn in the market. This event hit the big players hard – Bitcoin dropped over 4.5% and Binace Coin coin took a 12% dive. In this whirlwind, everyones eyes are on how different cryptocurrencies like Ripple (XRP) are weathering the storm.  XRP, which had a strong start in November, couldn‘t escape the market’s downturn, dipping by more than 3% in a phase of price retraction. The Chief Legal Executive of Ripple, Stuart Alderoty, chimed in with his take on the U.S. regulators‘ recent moves against Binance. He pointedly noted the absence of “securities violations” in the Department of Justice’s language, a stark contrast to the SEC‘s stance under Gensler’s leadership. Such insights hint at potential regulatory shifts that could impact Ripple (XRP) and the broader crypto market in unforeseen ways, raising an intriguing question: will XRP find its footing and surge ahead in December 2023?  In contrast to the uncertainty surrounding major cryptocurrencies, ScapesMania (MANIA) stands out with its clear vision and strong

2023-11-24Industriya

ROSE Attains Strength, Sellers Overwhelmed?

Pananalapi  ROSE Attains Strength, Sellers Overwhelmed?  Balita ng Ethereum ng Bitcoin  ROSE, the powering token behind Oasis Network, attained momentum and has mounted over the 20-day EMA mark. Moreover, the ROSE broke out above the trend line barrier of $0.4500. Afterwards, the ROSE token soared above the bars.  The token has approached the neutral trajectory amid fresh bullish pressure. Additionally, the token surpassed the round mark of $0.5000, the crucial resistance mark, which is now a support zone. ROSE token is accumulating gains and is ready to reach the swing highs of $0.8000. The token surpassed the 38.2% Fibonacci retracement zone and is close to the 50% zone above the mid bollinger band.  The live price of the ROSE token is $0.0701, with an intraday gain of 4.36%, showing neutrality on the charts. Moreover, the trading volume increased by 7.21% to $38.27 Million, while the market cap is $105.14 Million. Analysts have maintained a neutral rating and suggest that the ROSE token has the potential to reach $0.08000 by the end of 2023.  Will ROSE Token Surpass the Barrier of $0.07500?  Source: ROSE Price Chart By TradingView  On the daily chart, the ROSE token price is trading beyond the 20-day EMA mark and illustrates the bullish dominance. From

2023-11-24Industriya

Bitcoin runs into a bearish bastion at $37.5K - What now?

Bitcoin  Ang Bitcoin ay tumatakbo sa isang bearish balwarte sa $37.5K - Ano ngayon?  Balita ng Ethereum ng Bitcoin  Bitcoin [BTC] maintained its bullish market structure on the price chart. The $37.5k resistance was unbeaten yet but BTCs uptrend was still in play. In other news, the BTC hash rate reached its highest point in seven days.  AMBCrypto noted that miners were selling and that the miner balance had fallen dramatically in recent weeks. Could this selling pressure tip the scales and force a reversal?  The trendline support has strong defenders  Pinagmulan: BTC USDT sa TradingView  In the past three weeks, BTC formed a trendline support (green) and has tagged it multiple times. On each occasion, the bulls have managed to buy the dip and force prices higher once more.  Besides, the structure remained bullish, although a move below $34.8k would change it.  The RSI was at 57 and has dropped over the past ten days. While momentum slowed down, the bears didnt yet have the advantage.  The On-Balance Volume also slowed down but hasnt broken its uptrend.  The local highs near $38k could be taken out before a move downward. The expectations of a drop in prices would solidify upon a price move beneath the trendline support.  To the north, $41k-$43k

2023-11-24Industriya

Aabot ba ang BEFE Coin sa $0.001 Ngayong Linggo? Mga Insight at Pagsusuri

crypto  Aabot ba ang BEFE Coin sa $0.001 Ngayong Linggo? Mga Insight at Pagsusuri  Balita ng Ethereum ng Bitcoin  The crypto market buzz around BEFE Coin intensifies as enthusiasts and investors eagerly anticipate its potential surge toward the crucial $0.001 mark this week. Speculation and analysis have been rife, and heres a breakdown of the factors influencing this pivotal moment.  The current market sentiment around BEFE Coins price trajectory has sparked discussions across various crypto forums and social media platforms. Analysts and enthusiasts have been closely monitoring its price movements, considering both technical indicators and fundamental factors that might drive its value.  BEFE, stemming from Bitgert, a forward-thinking blockchain platform, has undergone an astounding surge of almost 300% in the last 2 days. Key factors contributing to this speculation include recent market trends, trading volumes, and community sentiment. The community‘s engagement, especially on platforms like Telegram and Twitter, has significantly shaped expectations around BEFE Coin’s price action.  BEFE Coin is being called one of the hottest meme cryptocurrencies in the market right now. The coin, which stands for Blockchain Ecosystem for Everyone, aims to bring back the era of meme coin in the way it was intended to. BEFE Coin has been on a bullish trend

2023-11-24Industriya

Bitcoin block 818,087 sees transaction fees soar to over $3 million, Antpool reaps rewards

Bitcoin  Bitcoin block 818,087 sees transaction fees soar to over $3 million, Antpool reaps rewards  Balita ng Ethereum ng Bitcoin  Mabilis na Kumuha  In a defining moment for block 818087, the Bitcoin blockchain ecosystem witnessed an unprecedented surge in transaction fees.  Exceeding 85 Bitcoin, the accumulated fees escalated to an astounding $3,194,590 million, marking one of the highest fee generations in block history. The beneficiary of this substantial windfall was none other than Antpool, the renowned Bitcoin mining pool, further solidifying its strong foothold in the sector.  Total Transaction Fees: (Source: Glassnode)  When we combine the block subsidy with these fees, the sum amounts to an impressive 91.466 BTC.  Block 818087: (Source: mempool.space)  The post Bitcoin block 818,087 sees transaction fees soar to over $3 million, Antpool reaps rewards appeared first on CryptoSlate.

2023-11-24Bitcoin

Ethereum: How appetite for staked ETH continues to grow

Ethereum  Ethereum: How appetite for staked ETH continues to grow  Balita ng Ethereum ng Bitcoin  Mamamahayag  Users have shown significant interest in Ethereum [ETH] staking since the Shapella Upgrade went live earlier this year.  As of this writing, 28.6 million yield-generating coins were locked up on the network, accounting for 23.6% of ETHs total circulating supply, as per a Nansen dashboard.  Pinagmulan: Nansen  Staked supply sees a sharp increase  Users moved towards the yield-bearing mechanism after gaining more control over their staked ETH, including the ability to unstake them at any time.  The increased share of staked ETH in comparison to total ETH trading volume demonstrated the extent of investors confidence.  Data shared by IntoTheBlock CEO Jesus Rodriguez revealed that the deposited amount was 1.4% of the trading volume as of 21 November.  Pinagmulan: IntoTheBlock  While 1.4% may appear to be a very small portion, a better way to look at it is to compare staked supply to exchange supply.  According to AMBCrypto‘s analysis of Glassnode’s data, a fascinating divergence was observed between the two in 2023.  The supply locked away in Ethereums deposit contract charged to new highs. In contrast, the ETH available for active trading sank to new depths.  As of this writing, ETHs exchange balance was barely 12% of the total coins

2023-11-23Ethereum

Top Analyst Says Polygon Has Plenty of Fuel in the Tank, Updates Outlook on Bitcoin, Ethereum and Solana

Bitcoin Ethereum  Top Analyst Says Polygon Has Plenty of Fuel in the Tank, Updates Outlook on Bitcoin, Ethereum and Solana  Balita ng Ethereum ng Bitcoin  A widely followed strategist is saying that he is bullish on the Ethereum (ETH) scaling solution Polygon (MATIC) while offering his outlook on three other crypto assets.  The crypto strategist pseudonymously known as Bluntz tells his 229,400 followers on the social media platform X that Polygon has more upside potential.  Bluntz sabi ni that Polygon witnessed an “immaculate vertical accumulation” over the weekend – or a series of higher highs and higher lows which typically signifies a bullish trend.  The analyst shares a chart that shows MATIC surging to his target of $1.  “Plenty of juice in the tank in my opinion, would be targeting at least new highs.”  Pinagmulan: Bluntz/X  Polygon is trading at $0.777 at time of writing, up over 4% in the past day.  Turning to Bitcoin (BTC), the pseudonymous strategist sabi ni that he expects the flagship crypto asset to rally after completing the last leg down of a triangle pattern.  Pinagmulan: Bluntz/X  Ang Bitcoin ay nakikipagkalakalan sa $37,310 sa oras ng pagsulat, higit sa 2% sa nakalipas na 24 na oras.  Next up is Ethereum. Bluntz sabi ni that the second-largest crypto asset

2023-11-23Ethereum
1
...
193195
...
1000