July 4 price analysis: BTC, ETH, XRP, BNB, DOGE, ADA

Bitcoin Ethereum  July 4 price analysis: BTC, ETH, XRP, BNB, DOGE, ADA  Balita ng Ethereum ng Bitcoin  Bitcoin (BTC) and the majority of altcoins have been on an uptrend in recent weeks, buoyed by positive investor sentiment stemming from the recent hype around potential launches of spot Bitcoin exchange-traded funds (ETFs).  Although the US Securities and Exchange Commission (SEC) described the ETF applications as “inadequate,” the statement had no major impact on the crypto market, as most cryptocurrencies are still in the green on daily and weekly charts.  To provide insights into their current and potential future price action, on July 4, Finbold conducted a thorough technical analysis of popular cryptocurrencies such as Bitcoin, Ethereum (ETH), XRP (XRP), Binance Coin (BNB), Dogecoin (DOGE), and Cardano (ADA).  Pagsusuri ng presyo ng Bitcoin  At the time of writing, BTC was trading at $31,027, up 1.23% in the past 24 hours.  BTC 1-araw na tsart ng presyo. Pinagmulan: Finbold  The leading cryptocurrency gained more than 14% on a monthly chart, after the likes of BlackRock, Fidelity, and Invesco all filed with the SEC to roll out a spot BTC ETF.  Bitcoin is testing an important resistance of $31,000. The worlds largest digital asset has struggled to clear this resistance zone for over a

2023-07-04Ethereum

Credit Suisse issues Ethereum NFTs to raise funds for womens football

Ethereum  Credit Suisse issues Ethereum NFTs to raise funds for womens football  Balita ng Ethereum ng Bitcoin  Banking institution Credit Suisse has teamed up with the Swiss Football Association to issue non-fungible tokens (NFTs) on Ethereum to support the womens team.  The NFTs, a collection of 756, will be tied to digital artistic representations of Swiss womens national football players. Credit Suisse-backed digital asset startup Taurus has helped with infrastructure.  “By implementing the project, Credit Suisse is setting another milestone in the development of the Swiss digital assets market,” the bank said in a press release.  All funds raised from NFT sales will go to the Swiss Womens National Team and chosen youth initiatives focusing on girls football.  Under the partnership, the Swiss Football Association is the issuer and the seller of the NFTs, while Credit Suisse — acquired by Swiss investment bank UBS last month — is managing sales on behalf of the association.

2023-07-04Ethereum

Lido showcases skin in the game, stakes its ETH treasury reserves

Ever since the Shanghai Upgrade, the interest in staking ETH has gradually increased. Liquid Staking Derivatives have benefited the most from the emerging interest in staking, with Lido[LDO] dominating the sector.  Green ba ang iyong portfolio? Tingnan ang Lido Profit Calculator  Lido shows faith in stETH  Lido Finance has recently demonstrated a reinforcement of its conviction in staking through the execution of proposal 161. This action involved staking all of its ETH reserves, totaling 20,300 ETH, into stETH. As a result, Lido Finances treasury breakdown consists of 20.7% in stETH (equivalent to $63M) and 75.7% in LDO (equivalent to $231M).  With this adjustment, Lido Finance now holds a balance of $304.7M when considering $LDO and $72.5M when excluding $LDO. As a result, they have become the 13th largest holders with a holding of 33k stETH.  Pinagmulan: Dune Analytics  The staking of all ETH reserves by Lido Finance does not alter the tokenomics of the stETH token. While it does contribute to a potentially more sustainable treasury for Lido DAO and a modest increase in the TVL (Total Value Locked) of the protocol, it may not necessarily have a direct impact on the tokens price. The implications of this action remain to be seen.  Lido protocols recent action

2023-07-04Ethereum

Ethereum Price Analysis: ETH Could Rally Above $2,000

Balita ng Ethereum ng Bitcoin  Makuha ang Iyong Unang Bitcoin Sign up at makakuha ng $12 na Bonus na Referral na bonus hanggang $3,000  Mag-sign up  Ang presyo ng Ethereum ay gumagalaw nang mas mataas sa itaas ng $1,880 na pagtutol laban sa US Dollar.  Ang presyo ng ETH ay nakikipagkalakalan na ngayon sa itaas ng $1,880 at ang 55 simpleng moving average (4 na oras).  Mayroong isang pangunahing linya ng trend ng bullish na bumubuo na may suporta malapit sa $ 1,930 sa tsart ng 4 na oras (data feed mula sa Coinbase).  Ang pares ay maaaring umakyat pa kung mananatili ito sa itaas ng $1,900 na support zone.  Pagsusuri ng Ethereum na Presyo  In the past few sessions, Ethereum saw a decent increase above the $1,820 level against the US Dollar. ETH price was able to gain pace for a move above the $1,880 level and the 55 simple moving average (4 hours).  The bulls even pushed the price above the $1,920 resistance zone. A high is formed near $1,976 and the price is now consolidating gains. It is trading above the $1,950 level. It is also above the 23.6% Fib retracement level of the upward wave from the $1,823 swing low to the $1,976 high.  Ethers price

2023-07-04Ethereum

Is This a Ray of Hope for LSK Investors?

Lisk is going through a battle between bulls and bears. Its price has already broken the 50 MA, and is heading towards the 200-day MA. However, investors have already lost a huge 98% of their invested assets, leading to the hope of the investors to break down now.  By analyzing the price data of the coin, it is observed it is in a tremendous downtrend in the long run. The price has declined by -0.43% in the last seven days and we can say Lisks performance was poor last week.  LSK declined by -97.65% from its peak price of $34.92 in the span of 5 years. The current market sentiments are not sounding good about the LSK coin. It seems there is no buyer interested in buying the Lisk lately. Bears are overpowering the market.  Lisk Technical Analysis  The price of LSK crypto has breached the 50-Day MA and is moving towards the 200-DAY MA, but we cannot suggest the trend right now because the price is between 50 and 200 Days MA. However, if the bulls continue pushing the price up, the coins value may increase even further in the forthcoming week but the bears are not in the mood to shift power

2023-07-04Industriya

OpenAI slammed with class-action lawsuit over alleged data theft

Balita ng Ethereum ng Bitcoin  OpenAI, makers of the generative AI platform ChatGPT, has been dragged to court in California over allegations that it illegally uses private information to train its AI model.  The lawsuit, filed on June 28, alleges that OpenAI used the private data of millions of individuals to train ChatGPT without seeking their express consent. According to the court filing, the plaintiffs claim that the data in question were gleaned from blog posts, social media comments, and even meal recipes posted on the internet.  “By collecting previously obscure and personal data of millions and permanently entangling it with the Products, Defendants knowingly put Plaintiffs and the Classes in a zone of risk that is incalculable — but unacceptable by any measure of responsible data protection and use,” the filing read.  Clarkson Law Firm is handling the class action lawsuit and mentions five OpenAI-related entities as defendants. Microsoft Corporation (NASDAQ: MSFT), an early investor in OpenAI, was also mentioned as a defendant in a case where the plaintiffs demand a jury trial.  The plaintiffs allege that OpenAI‘s misuse of data stood in breach of the Electronic Communication Privacy Act, Computer Fraud and Abuse Act, California Invasion of Privacy Act, and Illinois’ Biometric Information

2023-07-04Industriya

Ang Bitcoin Cash ay Hinulaang Aabot sa $343.31 Sa Hul 09, 2023

Balita ng Ethereum ng Bitcoin  Ang Bitcoin Cash ay bumaba -4.89% ngayon laban sa US Dollar  Bumaba ang BCH/BTC ng -6.84% ngayon  Bumaba ang BCH/ETH ng -5.52% ngayon  Ang Bitcoin Cash ay kasalukuyang nakikipagkalakalan ng 17.18% mas mababa sa aming hula noong Hul 09, 2023  Ang Bitcoin Cash ay nakakuha ng 148.00% sa nakaraang buwan at tumaas ng 171.00% mula noong 1 taonPresyo ng Bitcoin Cash$284.33Hula ng Bitcoin Cash$343.31DamdaminFear & Greed indexMga pangunahing antas ng suporta$278.27, $270.18, $258.91Mga pangunahing antas ng paglaban$297.63, $308.90, $316.99  Ang presyo ng BCH ay inaasahang tataas ng 20.74% sa susunod na 5 araw ayon sa aming hula sa presyo ng Bitcoin Cash  ay nakikipagkalakalan sa $284.33 matapos mawala ang -4.89% sa huling 24 na oras. Hindi maganda ang pagganap ng coin sa merkado ng cryptocurrency, dahil ang kabuuang cap ng crypto market ay bumaba ng -2.53% sa parehong yugto ng panahon. Mahina ang performance ng BCH laban sa BTC ngayon at nagtala ng -6.84% na pagkawala laban sa pinakamalaking cryptocurrency sa mundo.  Ayon sa aming hula sa presyo ng Bitcoin Cash, ang BCH ay inaasahang aabot sa presyong $343.31 pagsapit ng Hul 09, 2023. Ito ay kumakatawan sa isang 20.74% na pagtaas ng presyo para sa BCH sa susunod na 5 araw.  Tsart ng

2023-07-04Industriya

Kyle Davies to donate future OPNX earnings to 3AC creditors for karma

Balita ng Ethereum ng Bitcoin  The co-founders of collapsed crypto hedge fund Three Arrows Capital (3AC) have pledged to donate a portion of earnings from their newest crypto venture to creditors who lost money in the funds 2022 collapse.  Sa isang Hulyo 3 na Twitter Puwang, 3AC co-founder Kyle Davies said it would be “good karma” to “donate” the potential earnings from Open Exchange (OPNX) to 3ACs creditors.  — Mario Nawfal (@MarioNawfal) Hulyo 3, 2023  Davies described the proposed payback scheme as a “shadow recovery process,” which would be independent of the official liquidation process currently being managed by global consulting firm Teneo.  Touting the process as the “first” of its kind, Davies claimed it would allow himself and Su to donate funds to 3AC creditors, but only if they were “early and supporting” of OPNX.  He claimed there are already a “number of creditors” that have been made whole. “If there are some that don‘t want to deal with us, then they don’t have to,” he added.  “We very much believe that if we do good and we say to creditors who lost money, they have a way to make more back. If we do bad and they do well, then that‘s great. And that’s good

2023-07-04Industriya

Crypto Analyst Predicts Rallies for Ethereum Rival Fantom, Updates Outlook on Three Additional Altcoins

A widely followed crypto strategist thinks that Ethereum (ETH) competitor Fantom (FTM) is primed for a significant move to the upside.  Analyst Michaël van de Poppe tells his 659,600 Twitter followers that Fantom looks bullish as long as it is trading above $0.30.  According to Van de Poppe, FTMs fireworks will likely begin when it takes out its immediate resistance at $0.33.  Source: Michaël van de Poppe Twitter  Sa oras ng pagsulat, ang FTM ay nakikipagkalakalan para sa $0.304.  Next up is the decentralized machine-learning network Fetch.ai (FET). Van de Poppe says he‘s waiting for FET to take out its resistance at $0.25 before accumulating the altcoin. Otherwise, he’s looking to enter FET at lower levels.  Source: Michaël van de Poppe Twitter  Sa oras ng pagsulat, ang FET ay nakikipagkalakalan para sa $0.23.  Another altcoin on the traders list is the Ethereum-scaling solution Arbitrum (ARB). According to Van de Poppe, ARB will likely enter bullish territory should it break above $1.30.  Source: Michaël van de Poppe Twitter  Sa oras ng pagsulat, ang ARB ay nagkakahalaga ng $1.13.  The last coin on the analysts radar is the video-sharing blockchain Verasity (VRA). Van de Poppe says VRA must breach resistance at $0.0058 to ignite a significant surge.  Source: Michaël van de Poppe Twitter  At time

2023-07-04Ethereum

Solana Co-Founder Says Ethereum Could Be Layer-2 for SOL

Ethereum  Sinabi ng Solana Co-Founder na Maaaring Layer-2 ang Ethereum para sa SOL  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Despite certain limitations and potential risks, the idea of using Ethereum (ETH) as a layer-2 for the Solana (SOL) blockchain is not as farfetched as it may seem, according to Anatoly Yakovenko, the co-founder of Solana Labs.  Sa isang serye ng mga tweet on Sunday, Yakovenko took a closer look at how such an integration could take shape, suggesting that the technical collaboration, is “probably more likely than you might think at first glance.”  Layer-2 solutions aim to address scalability issues faced by blockchains like Ethereum, which have experienced congestion and high transaction fees during periods of increased activity. Solana, known for its high throughput and low transaction costs, promises a blockchain platform capable of efficiently accommodating various decentralized finance (DeFi) applications.  Pointing out that these scaling solutions “are bridge protocols that provide one-way security,” Yakovenko argues that Ethereum being a layer-2 for Solana would mean that holders of SOL assets on the Ethereum blockchain would have “finality guarantees” of being able to safely exit back to Solana even in cases of transaction double spends or an invalid state transition.  Making this setup work would first

2023-07-04Ethereum
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