Coinbase Restricts Ethereum, Solana Staking in Four US States

Balita ng Ethereum ng Bitcoin  But for now, customers in the four states will be unable to stake additional assets through Coinbase while these actions are pending.  “Due to the actions taken by state regulators in California, New Jersey, South Carolina, and Wisconsin, customers in those states will be unable to stake additional assets through Coinbase while these actions are pending,” the company said, adding that customers crypto that was staked before these orders were issued remains unaffected.  Shortly afterwards, a multi-state task force that includes California, Illinois, Kentucky, Maryland, New Jersey, South Carolina, Vermont, Washington, Wisconsin along with Alabama filed charges against the company for violating securities laws.  Manatili sa balita sa crypto, makakuha ng mga pang-araw-araw na update sa iyong inbox.

2023-07-16Ethereum

SEC Accepts BlackRocks Bitcoin ETF Application; Review Process Begins!

Balita ng Ethereum ng Bitcoin  Market News  BlackRocks application for a spot Bitcoin ETF is accepted by the SEC, and the review procedure is initiated.  Also, the SEC reviews other Bitcoin ETF applications like Wise Origin and WisdomTree Bitcoin Trust.  The United States Securities and Exchange Commission (SEC) has accepted the BlackRock spot Bitcoin ETF application and formally initiated the review process for the exchange-traded fund ETF proposal.  Further, along with BlackRock‘s application, the SEC has revealed its review of other Bitcoin-related funds. Such as Wise Origin Bitcoin Trust, WisdomTree Bitcoin Trust, VanEck Bitcoin Trust, and Invesco Galaxy Bitcoin ETF. This proactive approach demonstrates a growing recognition of the demand for regulated Bitcoin investment options. That reflecting companies’ commitment to meeting customer expectations.  The SEC‘s approval of BlackRock’s application shows that it is willing to explore the concept of a spot Bitcoin ETF and assess its potential market impact. While this initial step marks the beginning of a lengthy regulatory journey, it demonstrates the SECs openness to considering the potential benefits and risks associated with a spot Bitcoin ETF.  BlackRock‘s involvement in the spot Bitcoin ETF competition carries significance due to its prominent position in the financial industry. Also, the company’s filing includes a surveillance-sharing agreement with

2023-07-15Bitcoin

Ethereum Coin Rises To Try To Recapture $2,135 High

crypto Ethereum  Ethereum Coin Rises To Try To Recapture $2,135 High  Balita ng Ethereum ng Bitcoin  Hul 15, 2023 sa 10:26 /Presyo  Cryptocurrency analysts at Coinidol.com report that the price of Ethereum (ETH) has risen back above the $1,800 support level after being caught between moving average lines.  Pagsusuri sa Longhere Term na Presyo ng Ethereum: Bullish  The uptrend reached a high of $2,014 before reversing. On the upside, Ether has moved into an overbought region of the market. Sellers could emerge in the overbought region and drive prices lower. However, the price indicator predicts that the cryptocurrency will continue to rise.  A retraced candlestick tested the 61.8% Fibonacci retracement level of the June 23 upswing. The retracement suggests that ETH will rise to the 1.618 Fibonacci extension or $2,128.35. Ether is currently trading below the psychological price threshold of $2,000. At the time of writing, Ether was trading at $1,991.80.  Pagtatasa ng Indhere ng Ethereum  At a Relative Strength Index level of 65 for period 14, Ethereum is trading in the bullish trend zone. After the price comeback, the price bars are now above the moving average lines. This will help the altcoin to go even higher. However, Ether is currently in the overbought zone on the daily

2023-07-15Ethereum

Ethereum Rejects $2000 Price Zone, Is There A New Breakthrough?

Ethereum  Ethereum Rejects $2000 Price Zone, Is There A New Breakthrough?  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Pangunahing puntos:  The price of Ethereum (ETH) has experienced a significant surge, reaching a three-month high of nearly $2,000. This rally comes on the heels of renewed market optimism following a U.S. court ruling on Ripple‘s XRP tokens. In this analysis, we will delve into the factors contributing to Ethereum’s price movement and explore potential implications for the future.  The recent court ruling that XRP sales did not constitute investment contracts has ignited positive sentiment within the cryptocurrency community. This favorable ruling has generated a sense of optimism, prompting a rally across the crypto market. Ethereum, as the second-largest cryptocurrency by market capitalization, has also benefited from this sentiment shift.  After a brief spike in April 2023, ETH has now surpassed the $2,000 mark for the first time since May. This swift price increase suggests a potential bullish trend for Ethereum, with the possibility of reaching new yearly highs in the future. The market‘s reaction to the Ripple ruling has further reinforced ETH’s positive trajectory.  The current ETH price chart exhibits a bearish pin bar candlestick pattern, indicating rejection at the resistance level. However, despite this temporary setback,

2023-07-15Ethereum

Solana, Cardano, and Ethereum rally amid positive updates

Ethereum  Solana, Cardano, at Ethereum rally sa gitna ng mga positibong update  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Green ba ang iyong portfolio? Tingnan ang Solana Profit Calculator  Solana, Cardano, and Ethereum get a boost  Pinagmulan: Santiment  Solana sees eight-month high  Pinagmulan: TradingView  Cardano sees little excitement  Pinagmulan: TradingView  Ethereum flashes modest price increase  Pinagmulan: TradingView  Short positions get liquidated  Ilan ang halaga ng 1,10,100 ETH ngayon?  Source: https://ambcrypto.com/solana-cardano-and-ethereum-rally-amid-positive-developments/

2023-07-15Ethereum

S&P 500 Index to reach 4,750 but likely ending the year at 4,300 – SocGen

Pananalapi  S&P 500 Index na umabot sa 4,750 ngunit malamang na magtatapos ng taon sa 4,300 – SocGen  Balita ng Ethereum ng Bitcoin  Momentum will continue into the third quarter. The max analysts at Société Générale would expect is an S&P 500 of 4,750.  Momentum mania to build further before it breaks  Our tactical indicators also suggest a risk to the upside in Q3 before the lag effect of the rate-hiking cycle appears in early 2024 in the S&P 500.  Momentum mania in Q3 with the S&P 500 reaching 4,750 but likely ending the year at 4,300.  We believe the profit margin reversal, credit weakness and sharply rising recession risk will most likely be visible in 1H24, bringing the S&P 500 back to 3,800.

2023-07-15Industriya

Bitcoin Whales Sell As BTC Shows Surge Above $31,000

Bitcoin  Ang Bitcoin Whale ay Nagbebenta Habang Nagpapakita ang BTC ng Pagtaas ng $31,000  Balita ng Ethereum ng Bitcoin  On-chain data shows signs that the Bitcoin whales have been selling as the cryptocurrency has observed a surge above the $31,000 level.  The Number Of Bitcoin Whales On The Network Has Dropped Recently  Ayon sa data mula sa on-chain analytics firm Santiment, while the whales have been selling, the smaller entities have been accumulating. The relevant indicator here is the “Supply Distribution,” which measures the total amount of addresses that belong to each wallet group on the network.  The addresses are divided into these wallet groups based on the total number of coins that they are holding right now. The 10-100 coins group, for example, includes all addresses carrying a balance of at least 10 BTC and at most 100 BTC.  If the Supply Distribution is applied to this particular address group, then it would add up the number of all Bitcoin addresses that satisfy this condition at the moment.  In the context of the current discussion, there are three investor groups of interest: the fish, the dolphins/sharks, and the whales. The amount that the investors belonging to them hold increases with each of them, with whales being the

2023-07-15Industriya

Crypto Strategist Says Groundbreaking XRP Court Ruling Will ‘Breathe New Life’ Into One Ethereum Rival

crypto Ethereum  Crypto Strategist Says Groundbreaking XRP Court Ruling Will ‘Breathe New Life’ Into One Ethereum Rival  Balita ng Ethereum ng Bitcoin  A widely followed crypto trader says that the XRP court ruling could ignite a huge rally for one large-cap Ethereum (ETH) rival.  Pseudonymous analyst na si Pentoshi nagsasabi his 697,300 Twitter followers that Solana (SOL) is showing new life after breaking out of a descending triangle pattern.  He says that Thursday‘s XRP court ruling, which said the token wasn’t a security when sold on exchanges, could keep the trend reversal going.  Pinagmulan: Pentoshi / Twitter  News of the XRP ruling sent Solana up from Thursdays low of $21.49 to a high of $30.05, a more than 39% increase.  At time of writing, Solana is trading for $28.96, up more than 92% in the last 30 days.  Solana collapsed in price when the U.S. Securities and Exchange Commission (SEC) labeled SOL and other altcoins securities in its lawsuit against Coinbase last month. But Thursday‘s ruling calls into question the SEC’s label of altcoins like SOL as securities.  Pentoshi is also weighing in on Bitcoin, predicting a bull rally in the long term as the king crypto continues to consolidate in the range between $25,000 and $32,000  Ang negosyante sabi ni

2023-07-14Ethereum

ADA, MATIC and ETH Are Not Securities, Suggests Analyst After Judges Ruling

Judges ruling in Ripple case is fundamental event that sets precedent for whole industry  In a recent legal battle that shook the cryptocurrency world, a U.S. judge ruled that Ripples sales of XRP do not constitute an offer of investment contracts. This unexpected development has spurred discussions as to whether other top cryptos, such as Ethereum (ETH), Cardano (ADA) and Polygon (MATIC), could also be considered securities.  The ruling by the U.S. District Court Judge was a significant milestone in the ongoing legal tussle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). The judge stated that while institutional sales of XRP by Ripple were deemed securities, the crypto token sold to the public may not be classified as such. This critical distinction left the door open for Ripples XRP, and by extension, potentially other cryptocurrencies, to evade the label of being a security.  Pinagmulan: TradingView  Following the ruling, a prominent cryptocurrency analyst suggested that if XRP is not a security, neither are ETH, ADA, MATIC and others. The analyst‘s assertion is not a legal opinion but rather an intuitive deduction based on the recent ruling. If XRP, which has been under the SEC’s scrutiny for a while, can be considered a

2023-07-14Ethereum

Celsius Founder Dumped His CEL Holdings Before Arrest, Now Fined for $4.7 Billion

Alex Mashinsky got rid of his CEL stash way before he was arrested and sued  As the details of the recent arrest of the Celsius founder and the lawsuit of the SEC against him continue to emerge, “Smart Money” wallet tracker @lookonchain has reported that Alex Mashinsky dropped a large amount of Celsius (CEL) tokens as early as the start of the winter this year.  In February, Mashinsky dumped all of his stash of 90,000 CEL for 48,018 USDC. After that, he moved these stablecoins to the Coinbase exchange.  Now, the mans wallets contain as little as approximately $5,000 in cryptocurrencies.  Former Celsius CEO Alex Mashinsky sold all 90,000 $ CEL para sa 48,018 $ USDC on Feb 11, then deposited all 48,018 $ USDC sa #Coinbase.  Currently, 9 wallets of Alex Mashinsky only hold ~$5K in assets.  — Lookonchain (@lookonchain) Hulyo 13, 2023  As covered by U.Today earlier, today Mashinsky was arrested as part of the lawsuit initiated by the SEC against him and the bankrupt company Celsius, which shut down its business last year. The collapse happened after the crash of Terras coin LUNA and UST stablecoin in May.  Celsius was then unable to deal with a massive wave of customers withdrawing their funds. Prior to

2023-07-14Industriya
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