Pinakabagong Balita sa Crypto at Market Updates

RenQ Finance: Better Option than ETH

Ethereum　　RenQ Finance: Mas mahusay na Opsyon kaysa sa ETH　　4 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The year 2023 is shaping up to be an exciting one for the cryptocurrency market, with Ethereum (ETH) predicted to experience a significant price surge. However, some experts believe that there is a better option in the form of RenQ Finance, a rising star in the DeFi space. Lets take a closer look at why this project is being touted as a potential Ethereum rival in 2023.　　RenQ Finance is a decentralized DeFi platform that offers a unified platform to the decentralized world. It was created to provide a fun and lighthearted approach to the world of cryptocurrency, while also addressing some of the major challenges faced by traditional finance systems.　　One of the main features of RenQ Finance is its ability to solve the liquidity problem in decentralized markets. The platform weaves together several different decentralized markets and instruments to create a comprehensive solution that is accessible to all types of traders, from novices to seasoned professionals.　　RenQ Finance is a community-driven organization that seeks to provide a wide variety of network effects to address the liquidity problem, unlike other solutions that provide incremental progress. The platform

2023-05-13Ethereum

Key Support Levels To Monitor As Ethereum Price Slows Down

Ethereum　　Mga Pangunahing Antas ng Suporta Para Subaybayan Habang Bumabagal ang Presyo ng Ethereum　　4 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The Ethereum price consolidation weakened as the bulls lost momentum, resulting in a nearly 4% loss in the last 24 hours and a 7% decline on the weekly chart. The technical analysis indicates considerable bearish pressure.　　The coins value remained stagnant at around $1,800, leading to waning interest from buyers and a significant decrease in demand and accumulation. As Bitcoin dropped below $26,000, major altcoins also experienced significant declines on their daily charts.　　To break its resistance, Ethereum requires substantial buyer participation, as failure to do so could lead to the loss of a crucial support level.　　Additionally, Bitcoin must recover and reach the $27,000 zone to initiate a short-term recovery for ETH. The declining market capitalization of Ethereum suggests a gradual departure of buyers from the market.　　Pagsusuri ng Presyo ng Ethereum: Isang Araw na TsartAng Ethereum ay napresyuhan ng $1,770 sa one-day chart | Pinagmulan: ETHUSD sa TradingView　　At the time of writing, ETH was priced at $1,770. After struggling around the $1,800 range, selling pressure eventually took over. The coins resistance levels were identified at $1,798 and $1,821. Conversely, if the price continues

2023-05-12Ethereum

Temporary Transaction Finality Glitch Disrupts Ethereum Network for 25 Minutes, Developers Investigate the Cause – Bitcoin News

Bitcoin Ethereum　　Ang Temporary Transaction Finality Glitch ay Nakakagambala sa Ethereum Network sa loob ng 25 Minuto, Sinisiyasat ng Mga Developer ang Dahilan – Bitcoin News　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereum had issues processing transactions on May 11, 2023, at around 4:13 p.m. Eastern Time on Thursday, and transaction finality issues lasted for roughly 25 minutes. Currently, developers do not know what caused the issue and the blockchain is now running normally. 　　Ethereum Network Experiences Temporary Transaction Processing Issue　　The Ethereum blockchain was unable to process ETH transactions and reach consensus for approximately 25 minutes on Thursday, just after 4 p.m. (ET). Ansgar Dietrichs, a researcher at the Ethereum Foundation sinabi: “The beacon chain had a brief period of non-finalization just now. Good illustration for the robustness of the chain — while there was some slowdown of blocks, transactions continued to be processed as usual. We are back to normal now.”　　Prysmatic Labs co-founder Preston van Loon also alam the public that developers were “Investigating current mainnet issues… Will post an update once we learn something.” Roughly an hour later, at 5:40 p.m., the developer sinulat ni:　　Naibalik na ang finality. Hindi pa namin alam ang ugat, ngunit may nangyari na naging

2023-05-12Ethereum

Ethereum dips below $1.8k, CZ optimistic on an ETH rally

Ethereum　　Ang Ethereum ay bumaba sa ibaba $1.8k, CZ optimistic sa isang ETH rally　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　magbahagi　　Ethereum, the altcoin king, is facing a rather turbulent market session today, recording losses of over 3% within the last 24 hours.　　ETH, trading at $1760 as of press time, recorded a decrease of 3.18% as it sat on a weekly loss of 7.3%. ETHs trading volume dropped by over 8% within the same period.　　Ethereum‘s volatility levels are rising amid its bearish trend today, with the Bollinger bands utilized in the estimation of market volatility diverging away from each other, displaying the uncertainty on ETH’s network.　　The relative strength index also moves below its average line, indicating a possible bearish momentum on ethereum. The MACD indicator also backs a bearish momentum as it moves negatively, indicating much bear activity on the network.　　ETH 24-hour chart | Source: TradingViewCZ bets on an ETH rally　　However, despite the downtrend on ETH, Changpeng Zhao (CZ) has expressed optimism about the asset amid its current set of new records in the past few weeks.　　His optimistic prognosis is based on the fact that the beacon chain smart contract now has an all-time high of 19,375,242 ETH locked in it.　　According to

2023-05-12Ethereum

Ethereum Beacon Chain Issues Settle: Finality is Restored

Ethereum　　Naayos ang Mga Isyu sa Ethereum Beacon Chain: Ibinalik ang Katapusan　　17 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereum Protocol Developer Preston Van Loon tweeted the positive outcome of the developers investigation on the Ethereum mainnet issues.　　Users transactions had been blocked, and transactions were not finalized for 25 minutes yesterday.　　The developer declared that though the root cause hasnt been identified, the finality has been restored.　　Ethereum Protocol Developer Preston Van Loon declared that the Ethereum mainnet issues that have been troubling the community over the past few hours are resolved. The core developer announced that though the blockchain users were not able to complete their transactions for more than 25 minutes yesterday, the “finality has been restored.”　　On May 11, several core developers of Ethereums Beacon Chain spotted an unidentified issue that caused incomplete transactions. Though they were able to propose new blocks, the finalization was interrupted.　　Subsequent to the issue, Ethereum Beacon Chains Health Consultant Superhiz notified his followers of the mainnet issue, adding that the chain is “resilient” and would continue the transactions as usual:　　The beacon chain stopped finalizing about thirty minutes ago. I dont know why yet, but in general the chain is designed to be resilient against this, transactions will

2023-05-12Ethereum

Crypto Analyst Says One Ethereum Rival Primed for Explosive Rally, Updates Outlook on Pepe and Chainlink

crypto Ethereum　　Sinabi ng Crypto Analyst na Isang Karibal sa Ethereum ang Nagsimula para sa Explosive Rally, Nag-update ng Outlook sa Pepe at Chainlink　　24 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Isang sikat na crypto analyst ang nagpapahayag ng bullish sentimento sa isang kamakailang inilunsad na kakumpitensya ng Ethereum (ETH).　　Ang pseudonymous na crypto trader na si Altcoin Sherpa ay nagsabi sa kanyang 11,000 subscriber sa YouTube na ang katutubong token ng layer-1 blockchain Sui (SUI) ay nakatakdang mag-pump.　　Sa tingin ko talaga, ito ay magiging napakahirap na maging tapat at tapat sa iyo. Hindi ko alam kung kailan o saan...　　Ang kabuuang float sa token na ito ay talagang napakaliit kumpara sa kabuuang supply at madali para sa mga market makers na manipulahin ang bagay na ito.　　Kayat ang maging tapat at matapat tulad ng pagbili ng isang buck o isang bagay na tulad nito ay malamang na kumikita.　　Sinabi ni Sherpa na ang SUI ay malamang na bumagsak ng higit sa 20% kung bumaba ang presyo ng Bitcoin (BTC).　　Kung ang Bitcoin ay gumawa ng isa pang hakbang, na dapat mong isaalang-alang kung ikaw ay nakikipagkalakalan ng anumang altcoin, kung gayon ito ay bababa. Iyon lang ang bottom line.　　Ito ay mapupunta sa tulad ng $0.80 –

2023-05-12Ethereum

Ethereum Crashes to 6-Week Lows Despite ETH on Exchanges Declining

Ethereum　　Ethereum Crashes to 6-Week Lows Despite ETH on Exchanges Declining　　40 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The number of ETH sitting on crypto exchanges continues to decrease and is now down to its lowest position since public trading began almost a decade ago.　　However, that has not stopped the price of the second-largest cryptocurrency from further dropping to a new 6-week low.　　reported in late March that the Ethereum supply held on exchanges had declined to just 10.31%.　　It seems investors have only continued withdrawing their ETH portions from trading platforms, as Santiment updated that the percentage has further declined to 10.1%.　　The analytics resource asserted that this is the lowest figure since the asset began public trading after its launch in 2015.　　At first, this data should sound bullish for the asset. This is because the selling pressure should be lower, given the fact that there are fewer coins sitting on trading platforms.　　However, this has not been the case for the past few days. ETH touched $2,000 less than a week ago, but the subsequent rejection pushed it down hard.　　After the CPI announcement on Wednesday, it pumped to $1,900 once again. Since then, though, ETH has plummeted by over $200 and earlier today charted

2023-05-12Ethereum

Binance CEO Hints At Ethereum Price Rally Over This Key Factor

Crypto News: To the delight of many Ethereum holders and investors, Binance CEO Changpeng “CZ” Zhao reiterated his optimism about Ethereums price rally in the coming days. This comes after the total number of ETH locked on the Beacon chain hit an all-time high of 19,375,242 ETH.　　Locked ETH Hits Record High　　As per the insights provided by the crypto analytics platform Nansen, the amount of Ethereum tokens that are currently locked has surpassed 19 million ETH. This milestone has been accompanied by a total value locked (TVL) of $27.7 billion, which comes as a significant achievement for the Ethereum network.　　It is worth noting that this has happened after a minor dip in the amount of Ethereum locked in these protocols due to recent withdrawals. This achievement holds significant implications for Ethereum and its investors, particularly concerning the potential for the cryptocurrency to maintain its rapid growth trajectory.　　Ethereum Price Rally Soon？　　The CEO of the worlds largest cryptocurrency exchange recently shared his thoughts on the new record-breaking milestone of locked Ethereum tokens in the Beacon smart contract. On Thursday, the 46-year-old crypto entrepreneur made a statement that hinted at the possibility of a subsequent price increase for Ethereum. His comment, “Locked ETH at

2023-05-11Ethereum

ETH, BTC Fall to Multi-Week Lows, Following US Inflation Data – Market Updates Bitcoin News

Ethereum fell below $1,800 in todays session, as markets continued to react to the latest U.S. consumer price index. Inflation in the United States fell to 4.9% in April, less than the 5% sum many had expected. Bitcoin was also lower on the data, falling below $27,000.　　Bitcoin　　Bitcoin (BTC) briefly dropped below $27,000 late on Wednesday, as markets reacted to the latest U.S. inflation report.　　After an earlier high of $28,322.69, BTC/USD slipped to an intraday low of $26,883.67 towards the close of yesterdays session.　　This move saw bitcoin drop to its weakest point since March 28, when price was at a low of $26,640.　　BTC / USD - Daily Chart　　Since this earlier decline in price, BTC has since rebounded, and is currently trading at $27,494.24.　　From the chart, this appears to be due to the relative strength index (RSI), which is now tracking at 41.91, and close to reentering a floor at 43.00.　　Should this occur, there is a strong possibility that the worlds largest cryptocurrency could be back above $28,000.　　Ethereum　　Additionally, ethereum (ETH) also fell to a multi-week low in todays session, dropping below $1,800 in the process.　　ETH/USD slipped to a bottom at $1,795.67 late on Wednesday, following an earlier peak of $1,886.80.　　As a result

2023-05-11Ethereum

Bitcoin mempool starts to clear as fee paid per block falls back to one

This past week has been extremely wild in Bitcoin, with the emergence of BRC-20 tokens surpassing a $500 billion market cap.　　This has added momentum with Ordinals that started at the beginning of the year.　　reported that miners received more Bitcoin in transaction fees than block rewards.　　However, using Glassnode data, we can see the average fees paid per block has returned to 1.0 Bitcoin per block.　　According to James Check analyst at Glassnode, 　　Average Fee Paid Per Block: (Source: Glassnode)　　The post Bitcoin mempool starts to clear as fee paid per block falls back to one appeared first on CryptoSlate.

2023-05-11Bitcoin

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