Ethereum Price Lacks Momentum Above $1,900 But Dips Likely To Be Limited

Pinagmulan: ETHUSD sa TradingView.com  The key breakout zone is still near the $1,920 and $1,930 levels. If the bulls manage to pump Ethereum above the $1,930 zone, the price might gain bullish momentum. The next resistance sits near $2,000, above which the price could rise toward the $2,050 level. Any more gains could send Ether toward the $2,120 resistance.  Marami pang Pagkawala sa ETH?  Kung mabigo ang Ethereum na i-clear ang $1,900 resistance, maaari itong magpatuloy pababa. Ang paunang suporta sa downside ay malapit sa antas na $1,850.  The next major support is near the $1,840 level. If there is a move below $1,840 and the recent low, the price could test $1,790. Any more losses may perhaps send the price toward the $1,750 support.  Teknikal na tagapagpahiwatig  Oras ng MACD - Ang MACD para sa ETH / USD ay nawawalan ng momentum sa bearish zone.  Oras ng RSI - Ang RSI para sa ETH / USD ay nasa itaas na ngayon ng 50 antas.

2023-06-27Ethereum

Ethereum sees major developments as analysts show optimism

Ethereum  Ethereum sees major developments as analysts show optimism  4 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum (ETH) is making significant strides despite the broader downturn in the crypto market. According to Altcoin Daily, a widely followed crypto-focused YouTube channel, several factors are converging to suggest a potentially optimistic future for the worlds second-largest cryptocurrency by market cap.  Analysts cited in the video predict that Ethereums price could reach an all-time high of $3,000 as the balance of ETH on exchanges drops to an all-time low of 12.6%. This reduction in available tokens for selling is generally considered a bullish indicator.  However, this trend doesnt solely signify positive market sentiment. Recent regulatory crackdowns on major centralized exchanges like Binance and Coinbase have led many investors to withdraw their ETH to private wallets. These actions, while contributing to the decrease in exchange balances, also underscore growing concerns over regulatory scrutiny in the crypto industry.  Meanwhile, the proportion of staked ETH has seen a significant rise, now representing 19.1% of the total supply. This increase is attributed to the Ethereum networks upgrade in April, which introduced a more efficient staking mechanism, promoting greater network participation and security.  Financial giant JP Morgan is an interesting player in the crypto

2023-06-27Ethereum

Ethscriptions launched on Ethereum, tradecurve prices up 20%

Ethereum  Inilunsad ang mga ethscription sa Ethereum, tumaas ng 20% ang mga presyo ng tradecurve  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Launched on June 17 and inspired by Bitcoin Ordinals inscriptions, Ethscriptions offer a new way to mint non-fungible tokens (NFTs) on Ethereum. As Tradecurve enters stage 4 of its presale, TCRV, its native token, is already up 80% since launch. The hybrid exchange offers borderless market access without users complying with the know-your-customer (KYC) requirements.  Bumili ng mga token ng TCRV ngayon  What are Ethscriptions?  Developed by Tom Lehman, also a co-founder of Genius.com, nearly 30,000 Ethscriptions were created within the first 24 hours after the protocol went live. Ethscriptions assets utilize the data within a smart contract, allowing for a cheaper minting process than conventional methods.  At the time of writing, image-only inscriptions with less than 96 kilobytes in size are the maximum possible. However, the protocol will allow for different file types in the future. It remains to be seen if Ethscriptions can match Bitcoin Ordinals, which surged from zero to 10 million in less than six months.  The initial project introduced on Ethscriptions was “Ethereum Punks,” and all 10,000 assets were sold in a flash. One side effect of the Ethscriptions may

2023-06-27Ethereum

Ethereum (ETH) Surges 59% in Year, Heres What to Expect

Ethereum  Tumataas ang Ethereum (ETH) ng 59% sa Taon, Narito ang Dapat Asahan  11 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ayon sa CoinGecko data, the second largest cryptocurrency, Ethereum, has gained 59% year to date. Bitcoin, on the other hand, saw gains of 84% year-to-date.  Top 10 crypto performance, year-to-date ????  Nasa kalagitnaan na tayo ng 2023, kasama ang #Bitcoin at #Ethereum nakakakuha ng 84% at 59% ayon sa pagkakabanggit.  Saan mo makikita ang market heading sa susunod? pic.twitter.com/mYgdXyfZWt  - CoinGecko (@coingecko) Hunyo 26, 2023  The past week was quite significant for the crypto industry, as prices made a rebound following BlackRocks Bitcoin spot ETF application.  Since June 15, ETH has been on a steady rise. The gains escalated after ETH resolved a bullish pennant that saw three consecutive days of gains, with highs of $1,901 attained on June 21 before the bulls took a pause.  As it stands, the price of Ethereum is gradually building another pennant, which suggests ongoing consolidation. For the past five days, ETHs price has fluctuated between $1,861 and $1,936.  Like before, Ethereum may resolve this bullish pennant to the upside with a target above the $2,000 mark in mind. On the downside, Ethereum has immense support near the $1,855 range, where 3.36 million ETH

2023-06-27Ethereum

HSBC Enables BTC and ETH ETF Investment for Customers in Hong Kong

Bitcoin Ethereum  Pinapagana ng HSBC ang BTC at ETH ETF Investment para sa mga Customer sa Hong Kong  7 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  HSBC is allowing its customers in Hong Kong to buy and sell Bitcoin and Ethereum ETFs.  HSBC has become the first bank in Hong to enable crypto trading for its customers.  The bank also launched the Virtual Asset Investor Education Centre to educate customers about crypto investing.  London-based HSBC has become the first bank in Hong Kong to enable crypto investment for its customers. As the largest bank in Hong Kong, HSBC is now allowing its customers to buy and sell Bitcoin and Ethereum exchange-traded funds (ETFs). The move aims to expand the exposure of Hong Kong customers to crypto products.  Crypto reporter Colin Wu took to Twitter earlier today to report the latest development in HSBCs Hong Kong operations. The bank will allow its customers to invest in crypto ETFs listed on the Hong Kong Exchange (HKEX). The local exchange currently offers three crypto ETFs, namely the Samsung Bitcoin Futures Active ETF, the CSOP Bitcoin Futures ETF, and the CSOP Ethereum Futures ETF.  According to Wu, HSBC has also launched the Virtual Asset Investor Education Centre on its mobile application for

2023-06-27Ethereum

Ethereum Rival Polkadot Updates Governance System, This New Hybri...

Ethereum  Ang Ethereum Rival Polkadot Updates Governance System, Ang Bagong Hybri…  Balita ng Ethereum ng Bitcoin  Polkadot (DOT), one of Ethereum‘s biggest rivals, has announced an update to its governance system, removing the voting group formerly referred to as ’First Class Citizen from the network. As artificial intelligence (AI) becomes a part of our everyday lives, Tradecurve, a new hybrid exchange will become the first crypto trading platform to integrate the technology into its system allowing for AI-assisted trading.  Polkadot (DOT), a major Ethereum challenger, has announced a major update to its governance system to take the network into a new era of decentralization. As part of the network update, Polkadot launched OpenGov to give the Polkadot community full control of the network by allowing holders of the DOT token to vote and propose referenda to make changes to the network.  Polkadot hopes to transform its network into a fully autonomous, transparent, & efficient decision-making network by giving users equal rights to vote. As a result, OpenGov has removed the so-called first-class voters like the Polkadot Council and the Technical Committee from the voting. Now, the amount of DOT tokens a holder has determines their voting strength.  In addition, this new governance infrastructure will allow for

2023-06-27Ethereum

Alex The Doge presale attracts Twitch gamers, while Hedera features draw Ethereum leaders

Ethereum  Ang Alex The Doge presale ay umaakit sa mga manlalaro ng Twitch, habang ang mga tampok ng Hedera ay gumuhit ng mga pinuno ng Ethereum  Balita ng Ethereum ng Bitcoin  The world of cryptocurrency is constantly changing, and there‘s excitement around two projects: Alex The Doge and Hedera Hashgraph. These two blockchain initiatives are gaining popularity among communities, including Twitch gamers and Ethereum leaders. Let’s look at their features and explore why they generate so much interest.  Alex The Doge: a gaming star  A new project called Alex The Doge has emerged, generating interest, particularly among Twitch gamers. The projects token combines the growing trend of meme tokens with the profitable play-to-earn (P2E) gaming model. The value proposition of ALEX lies in its ability to offer financial rewards to players who actively participate in its immersive gaming universe.  The projects presale event has drawn attention primarily from Twitch gamers. The live-streaming community on the platform recognizes the potential of Alex The Doge, not just as a meme coin but also as a potential source of revenue. Integrating a P2E model in a live streaming platform like Twitch can revolutionize how gamers can earn income, moving away from reliance on subscriptions and donations towards direct in-game

2023-06-26Ethereum

ADA May Outperform BTC, DOGE and ETH, Predicts Twitter User

Bitcoin Ethereum  Maaaring Malampasan ng ADA ang BTC, DOGE at ETH, Hinulaan ang Gumagamit ng Twitter  Balita ng Ethereum ng Bitcoin  The crypto Twitter user predicted that ADA will outperform DOGE, BTC and ETH in the next bull cycle.  He also shared his beliefs that ETH will outperform BTC and that DOGE will beat ETH.  At press time, BTC, ETH, ADA and DOGE were all down in the past 24 hours.  The crypto Twitter user SlumDOGE Millionaire shared his predictions for Ethereum (ETH), Bitcoin (BTC), Dogecoin (DOGE) and Cardano (ADA) in a tweet yesterday. In his post, the user shared his belief that ETH will outperform BTC in the next bull run. In addition to this, he forecasted that DOGE will outperform ETH in the next bull run as well.  More interestingly, the Twitter user predicted that ADA will outperform BTC, ETH and DOGE in the next bull run. This prediction comes after the Ethereum-killer was labeled as a security in the SEC‘s lawsuits against Binance and Coinbase – causing the altcoin’s price to plummet.  This drastic drop in ADAs price could potentially open up an opportunity for massive gains. This may be why the Twitter user thinks that ADA will outperform BTC, ETH and DOGE in the

2023-06-26Ethereum

Ethereum (ETH) Price Analysis: Challenging the $2,000 Threshold

Ethereum  Pagsusuri ng Presyo ng Ethereum (ETH): Hinahamon ang $2,000 Threshold  Balita ng Ethereum ng Bitcoin  Last week, there was a notable rebound in the Ethereum (ETH) price, which temporarily halted the previous downward trend that had persisted since April.  The ETH price is currently consolidating within a horizontal range, specifically between the levels of $1,650 and $1,950.  Considering the current short-term pattern and price action, it is more probable that the price will continue to move toward the upper boundary of this range and eventually experience a breakout.  Ethereum Increase Takes It Close to Yearly High  ETH, the native token of the Ethereum blockchain, was created by Vitalik Buterin. Analyzing the time frame outlook for ETHs price reveals a mixed sentiment, which is leaning bullish. This is due to conflicting signals from both technical indicators and the price action.  In early April, it appeared that the price had broken through the $1,950 resistance level. However, this breakout turned out to be invalid. The price dropped the following week and has been decreasing since then (indicated by the red circle).  Two weeks ago, ETH hit a low point of $1,622 but then rebounded (green icon), confirming the $1,650 horizontal area as a support level. Presently, the price is trading

2023-06-26Ethereum

Sparklo Holds Better Prospects Than Ethereum And Uniswap For Small Investors

Ethereum  Sparklo Holds Better Prospects Than Ethereum And Uniswap For Small Investors  Balita ng Ethereum ng Bitcoin  The crypto market continues defying the recent onslaught by the SEC, with most cryptos in the green. Ethereum (ETH) and Uniswap (UNI) are doing well in the ongoing crypto rally. These two are propelled by broader market momentum and good news within the cryptos themselves.  However, analysts consensus is that low-cap cryptos will likely outperform Ethereum (ETH) and Uniswap (UNI). Some, like Sparklo, are widely expected to give investors up to 1,500% in gains within the year.  Sparklo (SPRK) excites markets with its unique use case  Many cryptos are launching daily, but Sparklo is one of the more unique ones. Sparklo wants to make it possible for investors to buy tiny fractions of precious metals as NFTs. It is amazing because anyone who buys full versions of these NFTs will be able to take delivery of the precious metal backing the NFT physically.  On top of this great use case, investors are also drawn to Sparklo for its safety. One of Sparklo‘s safety features is a 100-year liquidity lockup meant to protect against a possible rug pull. Also, it’s smart contract is audited for vulnerabilities and found clean.  With all these

2023-06-26Ethereum
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