Ethereum Now Deflationary for 2 Months Straight

Ethereum  Ethereum Now Deflationary for 2 Months Straight  29 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum has been deflationary for two months straight due to a surge in on-chain activity on protocols such as Uniswap and Blur.  The network pushed an upgrade (EIP-1559) in August 2021 that meant transaction fees would be burned instead of directed to the network‘s miners — a precursor to Ethereum’s switch to proof-of-stake last September.  EIP-1559 meant Ethereum would at times produce deflationary blocks (more ETH burned than distributed). But the asset has now been solidly deflationary every day since late January, per network tracker ultrasound.money.  Prior to that, Ethereum had briefly entered deflationary status in November 2022, about two months after Ethereums Merge cut issuance by more than 90%, before slipping back to inflationary by December.  Research analysts at Compass Point Research and Trading said in a research report earlier this month that the increase in burned ETH has largely been driven by increased Uniswap usage in response to centralized exchange uncertainty, as well as continued usage of the Blur NFT marketplace.  Uniswap tops the ETH burned leaderboard in the past 30 days, with roughly 8,766 ETH ($16 million) burned in that span. NFT marketplace and aggregator Blur has burned about

2023-03-22Ethereum

Institutional Investors Shift Focus On These Altcoins, Sell off Bitcoin and Ethereum

Bitcoin Ethereum  Institutional Investors Shift Focus On These Altcoins, Sell off Bitcoin and Ethereum  51 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Bitcoin price has reached a crucial resistance level of around $28k as traders await tomorrow‘s Federal interest rates. With over $126 million liquidated in the past 24 hours, Bitcoin’s volatility is expected to increase before and after the FOMC statement. The Bitcoin market continues to enjoy a bullish sentiment fueled by the increased fear of a global banking crisis.  The pressure on Jerome Powell to save the banking industry and reduce the dollar inflation to 2 percent has fueled the recent Bitcoin pump. Moreover, Bitcoin has annual inflation of less than 2 percent, and next years halving event will reduce the figure much lower. As such, institutional investors and retail traders have gained confidence in stashing more Bitcoins to flee the inflationary fiat market.  Furthermore, Bitcoin price has rallied over 70 percent YTD while the United States Dollar DXY index and the DOW Jones are down 0.41 and 2.69 percent, respectively, in the same timeline.  Closer Look at Cash Flow into Bitcoin And Altcoin Market  A recent report by CoinShares has, however, indicated a rather intriguing phenomenon. Reportedly, Bitcoin recorded a total of $113 million

2023-03-21Ethereum

Raoul Pal’s Prediction For Ethereum 2023: “Upcoming Breakout Shall Leave Bitcoin Behind!”

Bitcoin Ethereum  Ang Hula ni Raoul Pal Para sa Ethereum 2023: “Ang Paparating na Breakout ay Mag-iiwan ng Bitcoin!”  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The price of cryptocurrencies increased over the weekend as bitcoin and Ethereum reached their highest levels in months this week. While Ethereum trades close to the 2022 September highs, Bitcoin nearly reached $27,000, which is its highest level since early June. Both the leading assets of the cryptocurrency industry seem to be performing well.  Ethereum Could Outperform Bitcoin in Coming Cycle  According to Real Vision CEO Raoul Pal, the technicals and fundamentals of Ethereum (ETH), the second-largest cryptocurrency, indicate that it could significantly outperform Bitcoin (BTC) in the upcoming cycle. Pal claims to be keeping a watch on the Ethereum against Bitcoin (ETH/BTC) chart in a recent interview on the cryptocurrency-focused YouTube channel Altcoin Daily.  According to the macro expert, the ETH/BTC pair is coiling inside a wedge, and a breakout could drive ETH into a surge that puts Bitcoin in second place. According to him, the ETH/BTC pair needs to overcome resistance at about 0.077 BTC ($2,115) in order to verify the breakout.  ETH/BTC is currently trading at 0.0639 BTC ($1,755). On the fundamentals of Ethereum, the Real Vision

2023-03-21Ethereum

ETH breaks down to $1,753 after the bearish strike – Cryptopolitan

Ethereum  ETH breaks down to $1,753 after the bearish strike – Cryptopolitan  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The Ethereum price analysis confirms a downtrend for the day, as the selling momentum has been observed for the past few hours after a brief pullback. The ETH/USD pair has witnessed a sharp decline from $1,843 to the current level of $1,753. The bearish strike has negated the bullish pressure around the $1,800 mark and pushed Ethereum prices lower.  Heatmap ng presyo ng Cryptocurrencies, pinagmulan: Coin360  The previous days high was at $1,843, which acts as a resistance level in the current market. However, the bulls were unable to sustain the breakout. The sellers have taken control of the market, and if the bearish pressure persists, Ethereum prices could drop further.  The Ethereum price analysis on the one-day candlesticks chart reveals that the bulls have been in control of the cryptocurrency for as much as the past few days. However, todays bearish pressure has broken down the Ethereum price and pushed it below the $1,800 level. The cryptocurrency is hovering near the $1,753 mark, with a loss of -3.4 percent over the day.  ETH / USD 1-araw na tsart. Pinagmulan: TradingView  The volatility is also increasing compared to

2023-03-21Ethereum

Top Analyst Predicts Ethereum Explosion, Updates Outlook on Binance Coin and Two Low-Cap Altcoins

crypto Ethereum  Nangungunang Manunuri Hinulaan ang Pagsabog ng Ethereum, Ina-update ang Outlook sa Binance Coin at Dalawang Low-Cap Altcoins  Balita ng Ethereum ng Bitcoin  A popular crypto strategist believes that Ethereum (ETH) will catch up with Bitcoins (BTC) performance and ultimately begin outpacing the top crypto asset by market cap.  Pseudonymous analyst Altcoin Sherpa tells his 193,300 Twitter followers that hes keeping an eye on the chart of Ethereum against Bitcoin (ETH/BTC).  According to the crypto trader, he believes Bitcoin will continue to lead the market in the short term with Ethereum erupting later on.  Source: Altcoin Sherpa / Twitter  At time of writing, ETH/BTC is trading for 0.065 BTC, or $1,824. Based on the traders chart, a move toward his target of 0.055 BTC ($1,543) suggests a bullish higher low setup for ETH/BTC on the weekly timeframe.  Looking at BNB, the utility token of crypto exchange Binance, Altcoin Sherpa thinks that the fourth-largest crypto by market cap is threatening to take out a key resistance level that has kept it bearish since May 2022.  Source: Altcoin Sherpa / Twitter  At time of writing, BNB is trading for $337, slightly above the traders resistance level.  Next up is MASK, the governance token of privacy-centric crypto project Mask Network. According to Altcoin

2023-03-20Ethereum

Top Ethereum Rival Could Be Gearing Up for Glorious Move, Says Investor Who Called 2022 Crypto Bottom

crypto Ethereum  Top Ethereum Rival Could Be Gearing Up for Glorious Move, Says Investor Who Called 2022 Crypto Bottom  Balita ng Ethereum ng Bitcoin  Venture capitalist Chris Burniske says that Ethereum (ETH) rival Solana (SOL) could be setting itself up for a massive move to the upside.  Burniske, a former ARK Invest analyst and a current partner at venture capital firm Placeholder, sabi ni that a big rally may be in store for Solana if it can clearly break the 200-day simple moving average (SMA),  SOLs 200-day moving average is currently hovering at about $23. At time of writing, SOL is trading for $22.42.  Burniske has previously predicted that Solana could be the next “Ethereum-level” opportunity should another bull market happen.

2023-03-20Ethereum

Ethereum May Exponentially Outperform Bitcoin in Coming Cycle, According to Macro Guru Raoul Pal

Real Vision CEO Raoul Pal says Ethereums (ETH) technicals and fundamentals suggest the second-largest cryptocurrency may massively outperform Bitcoin (BTC) in the coming cycle.  In a new interview on the crypto-focused YouTube channel Altcoin Daily, Pal says he has his eye on the chart of Ethereum against Bitcoin (ETH/BTC).  According to the macro guru, the ETH/BTC pair is coiling inside a wedge, and a breakout could send ETH into a rally that leaves Bitcoin in the back seat.  Sabi ni Pal,  Source: Raoul Pal / Twitter  According to Pal, the ETH/BTC pair must take out resistance at around 0.077 BTC ($2,115) to confirm the breakout. At time of writing, ETH/BTC is trading for 0.0639 BTC ($1,755).  As for Ethereum‘s fundamentals, the Real Vision executive believes that the leading smart contract platform’s total addressable market is much larger than Bitcoins.  At time of writing, Ethereum worth $1,758.  Pagtanggi: Ang mga opinyon na ipinahayag sa The Daily Hodl ay hindi payo sa pamumuhunan. Dapat gawin ng mga namumuhunan ang kanilang nararapat na pagsusumikap bago gumawa ng anumang mga pamumuhunan na may mataas na peligro sa Bitcoin, cryptocurrency o digital assets. Mangyaring pinapayuhan na ang iyong paglilipat at mga kalakal ay nasa iyong sariling peligro, at ang anumang pagkawala na maaari

2023-03-20Ethereum

Credit Suisse failure follows years of scandal and mistrust—with an Ohio mattress company playing a role

Credit Suisse Group AG, once one of the stalwarts of the global financial system, is no more.  Higit pa mula sa Fortune:   Pagkatapos ng tense na pag-uusap sa katapusan ng linggo, ang UBS Group AG ay sumang-ayon na bilhin ang Credit Suisse sa isang all-share deal para sa humigit-kumulang $3.25 bilyon, mas mababa kaysa sa market value ng problemadong US lender na First Republic Bank. Ang pagbebenta na pinangangasiwaan ng gobyerno ay minarkahan ang huling pagbagsak ng Swiss bank mula sa biyaya, na sumuko sa isang krisis ng kumpiyansa na nagbabantang kumalat sa mga pandaigdigang pamilihan sa pananalapi.  Sa loob ng 166 na taon, tumulong ang Credit Suisse na iposisyon ang Switzerland bilang isang linchpin ng internasyonal na pananalapi at nakipag-ugnay sa mga titan ng Wall Street bago ang tuluy-tuloy na pag-atake ng mga iskandalo, legal na isyu at kaguluhan sa pamamahala ay nagpapahina sa kumpiyansa ng mamumuhunan. Habang ang pagkabulok ay mga taon sa paggawa, ang wakas ay dumating nang mabilis.  Sa resulta ng pagbagsak ng Silicon Valley Bank noong nakaraang katapusan ng linggo, ang mahabang pagtitiis na Credit Suisse ay mabilis na naging sentro ng pag-aalala. Matapos sabihin ng nangungunang shareholder na Saudi National Bank sa Bloomberg Television noong Miyerkules na

2023-03-20Industriya

New York Community Bank to buy failed Signature Bank

NEW YORK (AP) — New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp. said late Sunday.  The 40 branches of Signature Bank will become Flagstar Bank, starting Monday. Flagstar is one of New York Community Bank‘s subsidiaries. The deal will include the purchase of $38.4 billion in Signature Bank’s assets, a little more than a third of Signatures total when the bank failed a week ago.  The FDIC said $60 billion in Signature Banks loans will remain in receivership and are expected to be sold off in time.  Signature Bank was the second bank to fail in this banking crisis, roughly 48 hours after the collapse of Silicon Valley Bank. Signature, based in New York, was a large commercial lender in the tristate area, but had in recent years gotten into cryptocurrencies as a potential growth business.  After Silicon Valley Bank failed, depositors became nervous about Signature Banks health due to its high amount of uninsured deposits as well as its exposure to crypto and other tech-focused lending. By the time it was closed by regulators, Signature was the third largest bank failure in U.S. history.  The FDIC

2023-03-20Industriya

The Ukrainian Army Is Probing Russian Lines In The South—And Suffering Heavy Losses

Kabuhayan  The Ukrainian Army Is Probing Russian Lines In The South—And Suffering Heavy Losses  9 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ex-Dutch YPR-765s in Ukrainian service.  Wikimedia Commons  Its no secret the Ukrainian army plans to launch a major counteroffensive this spring, perhaps as soon as the post-winter mud dries up. We may already have observed the initial Ukrainian probes that could precede a wider attack.  But the probes were extremely costly for the Ukrainians—and underscore the peril of any effort by Kyivs to shift from defense to offense.  Since last fall, Kyivs forces mostly have been fighting defensively from positions they had months to prepare. To advance, they must leave these positions and expose themselves to Russian fire. Especially where the terrain is flat and open.  Many observers expect the counteroffensive to begin in Zaporizhzhia Oblast in southern Ukraine. A left hook from Zaporizhzhia, driving south toward the Black Sea then pivoting west toward the mouth of the Dnipro River, could cut the Russian army in two and position the Ukrainian army for an eventual liberation of the Crimean Peninsula.  If thats the case, and the Ukrainians are poised for a Zaporizhzhia left hook, we should expect to see reconnaissance operations in the weeks preceding the attack.  Which

2023-03-20Industriya
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