Pinakabagong Balita sa Crypto at Market Updates

Heres Why Ethereum (ETH) Price is Trading at a Crucial Level

Ethereum　　Narito Kung Bakit Ang Presyo ng Ethereum (ETH) ay Nagnenegosyo sa Mahalagang Antas　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The Ethereum (ETH) price is in the process of breaking out from a crucial horizontal resistance level. Doing so would also cause a breakout from a long-term descending resistance line.　　While there is no direct Ethereum news regarding the Shanghai upgrade, the fork is expected to deploy in April. The Shanghai Upgrade is the first big update in the Ethereum blockchain after Ethereum 2.0, and besides unlocking the indefinitely staked ETH from the Beacon Chain, the upgrade will introduce other Ethereum improvement proposals, such as a reduction in Ethereum network transaction fees and transaction size.　　However, the upgrade is not expected to introduce anything new in regard to smart contract functionality or decentralized applications. It is worth mentioning that since the merge, the Ethereum deflation rate has picked up considerably and the supply has so far fallen by 63,000 tokens.　　Ethereum (ETH) Reaches Crucial Long-Term Level　　The technical analysis for the weekly time frame provides a bullish outlook for ETH. The main reason for this is the reaction to the $1,400 horizontal area. The area acted as the all-time high since 2018 and has been

2023-03-14Ethereum

Thousand Ethereum Holders Join Class Suit Against New York State Attorney General

‘Ethereum (ETH) is not a security’ class action attracts first thousand participants　　CryptoLaw founder John Deaton has anunsyado that the first thousand participants have joined a class action lawsuit by Ethereum (ETH) holders against the New York State Attorney General (NYAG). The gathering of participants began just four days ago, on March 10, when in a lawsuit against crypto exchange Kraken, prosecutor Letitia James stated that ETH is a security. The forthcoming class action has been named appropriately: “Ethereum Is Not a Security Class Action.”　　While there is no direct regulatory threat to Ethereum at the moment, allegations from the officials involved in the lawsuit, if left unchecked, could create trouble in the future. In addition to ETH, the prosecutors statement also mentions LUNA and UST.　　As of now, says Deaton, a couple hundred claimants directly from New York are missing to give more weight to the case. There are only 57 New Yorkers out of a thousand participants at the moment, he notes.　　XRP holders v. SEC　　The pro-crypto lawyer was previously involved in gathering participants for the SEC v. Ripple case. At the time, Deaton was able to bring together more than 75,000 XRP holders in a class action lawsuit against SEC, become

2023-03-14Ethereum

Macro Guru Raoul Pal ‘Really Bullish’ on Ethereum, Says Unexpected V-Shaped Melt up May Be Imminent

Real Vision CEO Raoul Pal says he is bullish on the leading smart contract platform Ethereum (ETH) after a month-long market correction.　　The former Goldman Sachs executive says in a new strategy session that ETH could be setting the stage for a major run to the upside.　　Pal sets price targets of between $2,000 to $3,000 for an Ethereum run to the upside. However, he says the price of ETH could go even higher since Ethereum is burned when used in transitions, making it more scarce.　　Pal says Ehtereum may go on an unexpected V-shape recovery.　　Ang Ethereum ay nagkakahalaga ng $1,673 sa oras ng pagsulat.　　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 mong makuha ay ang iyong responsibilidad. Hindi inirerekumenda ng Daily Hodl ang pagbili o pagbebenta ng anumang mga cryptocurrencies o digital assets, at hindi rin ang The Daily Hodl na isang tagapayo sa pamumuhunan. Mangyaring tandaan na

2023-03-14Ethereum

Crypto Market News: Top Predictions for Bitcoin (BTC), Ethereum(ETH) & Ripple (XRP)

The recent price jump enabled the star crypto, Bitcoin to surpass the key resistance levels. However, the bullish momentum appears to slowly fade out due to which the price now appears to be at a critical juncture.　　Meanwhile, the second-largest crypto, Ethereum has finely followed Bitcoin and displaying a huge possibility to rise beyond $1700 soon. Woefully, Ripple (XRP) price continues to stick to a descending trend and probably may ignite a fresh bearish wave soon.　　Will Bitcoin (BTC) Price Break Above $25,000？　　The BTC price is now targeting the crucial resistance at $25,000 from where it faced a couple of rejections earlier. The token is sitting on a major support at $22,800 and confronting the major resistance levels around $25,000.　　It appears the sentiments are slowly dropping from being bullish to neutral and hence it may provoke the investors to book their profit. If this happens so, the price of Bitcoin may witness a serious plunge before hitting the resistance.　　The price has now raised beyond the 200-day & 50-day MA levels and the 100-day EMA levels, piercing through the interim resistance at $21,393. However, it has not yet reached the major resistance at $24,945 and is facing an inverse action just before these

2023-03-14Ethereum

Ethereum Co-Founder Vitalik Buterin Selling ETH Holdings, This Might Be Reason

Ethereum　　Ang Ethereum Co-Founder na si Vitalik Buterin na Nagbebenta ng ETH Holdings, Maaaring Ito ang Dahilan　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ayon sa blockchain security firm PeckShieldAlert, Ethereum creator Vitalik Buterin recently moved 200 ETH to the Kraken crypto exchange.　　Investors often move their crypto to exchanges when they are looking to sell. This often attracts a transaction cost, which might imply there is an intent behind such moves.　　That said, the Ethereum creator likely needed the funds for a specific purpose, such as funding a fresh project or covering expenditures, although the exact reason for the transaction remains unknown.　　At the time of writing, ETH was up 13% in the past 24 hours at $1,656.　　Reflexer received 500 Ethereum from Vitalik Buterins designated address over the weekend, according to PeckShieldAlert. Later, he minted the 150,000 Rai Reflex Index (RAI).　　The address subsequently exchanged 17,500 RAI for 50,000 DAI, and then 132,500 RAI for 378,500 USDC.　　In the past week, Buterin sold some of his altcoin holdings, later declaring that the coins had “no cultural or moral value.”　　For 58 ETH, Buterin sold 9.9 billion CULT tokens, CultDAOs native token. In addition, he sold his BITE and MOPS stakes. The sales came to 220 ETH in

2023-03-14Ethereum

Ripple in ‘Strong Financial Position’ despite SVB Exposure, CEO Says

Teknolohiya　　Ripple in ‘Strong Financial Position’ despite SVB Exposure, CEO Says　　21 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Garlinghouse noted that financial systems are broken given their high susceptibility to rumors as evidenced by the current banking crisis.　　In a March 12 Twitter thread to his 700,000 followers, Malit na alon Pinuno ng Kumpanya Brad Garlinghouse addressed his company‘s exposure to the collapsed Silicon Valley Bank (SVB), emphasizing the company’s financial stability. The exec noted that while Ripple had exposure to SVB as a banking partner, “we expect NO disruption to our day-to-day business, and already held a majority of our USD w/ a broader network of bank partners.”　　Pagtatakda ng rekord nang diretso sa SVB Qs:　　Ang Ripple ay nagkaroon ng ilang pagkakalantad sa SVB - isa itong kasosyo sa pagbabangko, at hawak ang ilan sa aming balanse sa pera. Sa kabutihang palad, inaasahan naming WALANG abala sa aming pang-araw-araw na negosyo, at hawak na namin ang karamihan ng aming USD w/ isang mas malawak na network ng mga kasosyo sa bangko.　　Garlinghouse assured investors that Ripple‘s day-to-day operations would remain unaffected as the majority of the firm’s funds were held with other banking partners. He also noted that now financial systems are broken given

2023-03-14Industriya

Crypto not responsible for bank problems says Blockchain Association

blockchain crypto　　Hindi responsable ang Crypto para sa mga problema sa bangko, sabi ng Blockchain Association　　11 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The Blockchain Association chief policy officer, Jake Chervinsky, said that the rise in adoption of crypto in the U.S. has no impact on the recent high-profile collapses in Wall Street and that just like other traditional finance firms, crypto companies are also exposed to the contagion.　　U.S. financial institutions face uncertain times　　In an effort to clear any misconceptions about cryptos role in the current crisis affecting several financial giants in the United States, Chervinsky stated that crypto companies are affected just as much as other institutional customers.　　He tweeted that despite crypto firms being blockchain-powered, they also hold fiat currency to pay “salaries, rent, and everything else any other company does.”　　As bank customers, crypto firms are no more risky than any other depositor.　　They hold dollars to pay salaries, rent, and everything else any other company does.　　The Washington-based lawyer went on to say that the current situation warrants cause for concern from all quarters and contrary to narratives being pushed on social media amid the crisis, crypto is in no way responsible for the collapse.　　The financial sector in the worlds largest economy

2023-03-14Industriya

BlockFi in no immediate danger, despite Silicon Valley Bank exposure: Report

Teknolohiya　　BlockFi sa walang agarang panganib, sa kabila ng pagkakalantad sa Silicon Valley Bank: Ulat　　8 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　According to a lawyer representing the bankrupt crypto lender BlockFi Inc.,the company is in a stable financial position with access to ample cash reserves, despite having over $200 million in exposure to Silicon Valley Bank, Bloomberg iniulat.　　During a bankruptcy hearing on Monday, Christine Okike of Kirkland 　　BlockFi is fine … We have access to cash to operate in the normal course, including paying employees and vendors.　　Okike also noted that BlockFi expects to gain access to a significant portion of cash held with Silicon Valley Bank later in the day. The majority of BlockFi‘s exposure to Silicon Vally Bank is through third-party money-market mutual funds, which Okike claimed had no direct impact on the company’s operations. The bankruptcy case in question is identified as BlockFi Inc., 22-19361, and is being heard in the US Bankruptcy Court for the District of New Jersey in Trenton.　　Noong Marso 10, Californias financial regulator shut down Silicon Valley Bank, a major financial institution catering to venture-backed companies. The shutdown makes it the first Federal Deposit Insurance Corporation-insured bank to fail in 2023.　　On March 11, a bankruptcy

2023-03-14Industriya

Shiba Inu (SHIB) Bounces Unexpectedly, Avoiding Death Cross Confirmation

Teknolohiya　　Ang Shiba Inu (SHIB) ay Tumalbog nang Hindi Inaasahan, Iniiwasan ang Kumpirmasyon ng Death Cross　　6 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Arman Shirinyan　　Shiba Inu has successfully avoided confirmation of grim chart pattern and now shows more stable performance　　Nilalaman　　Demand for Cardano rises　　Trons unexpected bounce　　Shiba inu has been on a wild ride lately, with the digital currency avoiding a death cross formation and bouncing back from its local low. Over the last two days, Shiba Inu has been going up, with many traders hoping this is a sign of better things to come. One factor that may have contributed to Shiba Inus recent recovery is the return of USDC to a $1 peg.　　But what exactly is a death cross formation, and why is it so important for assets like Shiba Inu？ A death cross formation occurs when a short-term moving average crosses below a long-term moving average, indicating a potential downtrend for an asset. This can be a sign that the asset is losing momentum and that sellers are starting to take control.　　For Shiba Inu, a confirmed death cross formation would have been a major red flag for investors and traders alike. It could have signaled a long-term downward trend for the

2023-03-14Industriya

Nouriel Roubini Gloats Over Crypto Banking Crisis

crypto　　Natuwa si Nouriel Roubini sa Krisis ng Crypto Banking　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Alex Dovbnya　　Turkish-American economist Nouriel Roubini celebrated collapse of these crypto-related banks in recent tweet　　Turkish-American economist Nouriel Roubini has gloated over the collapse of several crypto-related banks in a tweet ng Lunes.　　“All banks doing crypto biz are collapsing. Good riddance,” he added.　　Signature Bank, a financial institution based in New York that is known for being a major player in the cryptocurrency industry, was closed by state regulators on March 12. Notably, it became the third-largest bank failure in the history of the U.S.　　It had total assets of about $110.36 billion and total deposits of roughly $88.59 billion as of late December. It had become the largest banking institution to offer cryptocurrency deposits.　　The closure came two days after the implosion of Silicon Valley Bank and shortly after the impending liquidation of Silvergate Capital. All of these banks had one thing in common: their strong support for the cryptocurrency industry.　　The recent closures of crypto-friendly banks have caused significant disruptions to the crypto industry and its clients.　　Roubinis recent comment reflects his belief that cryptocurrencies are a dangerous and unstable investment, and that banks that deal with them are putting

2023-03-14Industriya

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