Ethereum Whales Accumulate ETH Tokens Amid High Sell-off

Ethereum  Ang Ethereum Whales ay Nag-iipon ng mga Token ng ETH Sa gitna ng Mataas na Sell-off  11 / 23 / 2022  Balita ng Ethereum ng Bitcoin  The crypto market often runs on a cycle of highs and lows. Conscious investors leverage the lows to enrich their wallets with assets awaiting the bull run. This quarters bearish trend is no exception.  The past few weeks in the crypto market have been filled with massive losses following the FTX collapse. The extreme macroeconomic conditions following the Feds interest rate hike are not helping matters.  Ethereum, the second-largest cryptocurrency, suffered multiple setbacks in the last weeks following the market decline. Ethereum slumped below $1,600 to $1,081, losing nearly 24% over the weekend.  Ether whales took note of the bearish trend and accumulated over $1 billion worth of ETH while the price went below the support level.  Whales Buy A Major Amount Of Ethereum  Ayon kay Santiment, Ethereum whales accumulated nearly 947,940 ETH worth over $1 billion in the current market price. The “Percentage of Supply Held” data for Ethereum indicates the move as the most significant single-day whale accumulation in the last year.  In previous accumulations, Ethereums price rose by an average of 3.2% against BTC. Bitcoin whale accumulations at support levels

2022-11-23Ethereum

Why Ethereum is Still one of the Most Popular Cryptocurrencies 

Ethereum  Bakit isa pa rin ang Ethereum sa Pinakatanyag na Cryptocurrencies  11 / 23 / 2022  Balita ng Ethereum ng Bitcoin  Ethereum (ETH) rose to fame as being one of the best alternatives in the crypto world if you werent able to afford Bitcoin. While there are differences between the two, the average investor used Ethereum as a way to get into cryptocurrency without having to spend enormous amounts of cash.  With the coin still developing, growing, and changing every day, more and more people want to bumili ng Ethereum and start building their portfolios. Here are a few of the reasons why Ethereum is still so popular.  Ang Presyo  For the average investor, the price of something and its potential growth is almost always more important than what it is or what it does; the same is true for Ethereum. After the boom that has made Bitcoin as expensive as it is today, people are turning to the next best thing.  Habang Ethereum is still relatively expensive, its much more affordable than Bitcoin. This means that investors can still get a large chunk of it without having to break the bank. As mentioned, for the average Joe, this is more than enough to get them to invest.  Madaling

2022-11-23Ethereum

Bitcoin, Ethereum, Dogecoin, and Litecoin Daily Price Analyses – 22 November Roundup

Bitcoin Ethereum  Bitcoin, Ethereum, Dogecoin, and Litecoin Daily Price Analyses – 22 November Roundup  11 / 22 / 2022  Balita ng Ethereum ng Bitcoin  The global crypto market has been able to change its momentum as it turned bullish. The recent changes for Bitcoin, Ethereum, and others show a significant change. As the market has been able to regain momentum, it has sparked hopes for recovery. The market has faced a lasting wave of losses, depriving it of a significant amount. Though there are chances that it again turns bearish, the resistance has given investors hope in the hard times.  Decentralized exchange Curve‘s CRV has faced a decline as its supply has moved to centralized exchanges. Most companies have faced hard times, struggling for survival because of the collapse of FTX. Many users had expected an enhancement in the influx of capital to decentralized exchanges but it didn’t happen. Instead, there is a trend in the flow of funds seen from decentralized exchanges to centralized exchanges. Earlier today, there was a decline of more than 17% in the value of CRV.  The decrease in value due to the recessive trend is translated into increased volatility. The intraday volatility of this coin increased to 54% due to

2022-11-23Ethereum

Sayonara, Solana? Magic Eden Announces Polygon Integration

Teknolohiya  Sayonara, Solana? Inanunsyo ng Magic Eden ang Polygon Integration  11 / 22 / 2022  Balita ng Ethereum ng Bitcoin  Is Magic Eden shifting away from Solana, or simply hedging their cross-chain bets? Regardless of motive, the NFT marketplace that has served as the top dog in Solanas NFT ecosystem is adding Polygon to the mix.  Previously, Magic Eden has only supported the aforementioned Solana, and NFT leader Ethereum. Now, it adds another growing NFT chain to the mix.  Let‘s take a look at the marketplace’s announcement and what it means for the NFT space at large.  Bitcoin maxi‘s might object, but one of the few old adages in crypto is that “the future is cross-chain.” Magic Eden’s biggest impact has easily been within Solana‘s scope. Despite doing roughly one third of OpenSea’s monthly USD trading volume, the exchange‘s dominant position in Solana has allowed it to actually exceed OpenSea’s unique active wallet count (according to Data ng DappRadar).  While OpenSea now supports Solana, Magic Eden‘s first mover positioning while Solana’s NFT growth was in primetime served the marketplace well. While other Solana-based NFT marketplaces exist, none come close to the stature and respect that Magic Eden has earned.  Polygon, meanwhile, has seen substantial growth in the NFT space

2022-11-23Industriya

Ethereum price analysis: ETH offers positive sign to stay above $1,000

Ethereum  Pagsusuri ng presyo ng Ethereum: Nag-aalok ang ETH ng positibong senyales upang manatili sa itaas ng $1,000  11 / 22 / 2022  Balita ng Ethereum ng Bitcoin  Ethereum price analysis shows a slight respite after an extended period on the sidelines. Price recorded a 3 percent increase today, to move up to $1,136 to stay above the psychological level of $1,000. ETH has failed to recover from the decline that initiated on November 5, followed by a massive 32 percent dip over 2 days on November 8 and 9. Since then, price has been in a horizontal trend around the $1,200 mark, with support at the current level of $1,100. Todays slight respite could pick up pace as buyers come into the market and ETH could rise as high as $1,250 over the next 24 hours.  The larger cryptocurrency market showed a similar uptrend across the board, led by Bitcoins move above $16,000 with a 2.5 percent increment. Among Altcoins, Malit na alon tumaas ng 5 porsiyento sa $0.37, samantalang Kardan jumped 3 percent to move as high as $0.31. Dogecoin gained a significant 6 percent to move up to $0.08, while Polkadot strengthened around the $5.3 mark, and Solana rose 4 percent to

2022-11-23Industriya

What To Watch In The Housing Market

Kabuhayan  Ano ang Panoorin Sa Pabahay Market  11 / 22 / 2022  Balita ng Ethereum ng Bitcoin  Berkshire Hathaway Inc. (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett once explained one of the metrics he watches for a reversal in the housing market is a reduction of housing starts.  The Oracle of Omaha said in 2010 that sometimes a “bad number” for housing starts is a good thing for the market — in this case, he was referencing a cool housing market in which supply outstripped demand. The only way to solve that was to create more demand than supply by reducing the number of newly built homes.  While the macro situation affecting the housing market today is almost the opposite, the main idea from the Oracle of Omaha still stands, and that key metric ticked down on Thursday.  Anong nangyari: As a result of consumers being turned off by high mortgage rates and builders being compelled to cut back, construction on new homes decreased 4.2% in October, and this trend is expected to continue through 2023.  U.S. housing starts slowed to an annual pace of 1.43 million last month from 1.49 million in September. Single-family housing starts dropped 6.1% to a rate of 855,000, while the rate for

2022-11-23Industriya

Binili ng Ethereum Whales ang Dip, Nagdagdag ng ETH na Nagkakahalaga ng Higit sa $1 Bilyon

Ethereum  Binili ng Ethereum Whales ang Dip, Nagdagdag ng ETH na Worth Over $1 Billion  11 / 22 / 2022  Balita ng Ethereum ng Bitcoin  The crypto market has suffered due to the collapse of the crypto exchange FTX, but Ethereum witnessed more selloffs during the crash. The ETH price tumbled from $1,661 to $1,081 within a month, with chart patterns continuing to deteriorate. Meanwhile, Ethereum whales took the opportunity to add over $1 billion worth of ETH as the price dips to a key support level.  Bumili ang Ethereum Whales ng Dip  Ayon sa on-chain platform Santiment, large Ethereum whales have added almost 947,940 ETH worth over $1 billion on November 21. The Ethereum (ETH) Percentage of Supply Held data reveals it is the 5th largest single-day akumulasyon ng balyena sa nakaraang taon.  In the past 4 instances, ETH prices surged at an average of 3.2% against Bitcoin. Whales accumulating Bitcoin at support levels are considered a key bullish indicator of a reversal. However, Ethereum still consolidates due to FTX contagion.  Ethereum Whale Accumulation. Source: Santiment  Ethereum is immensely impacted by the FTX crisis as the crypto exchange faced ETH shortages causing a liquidity crunch. In fact, FTX CEO Sam Bankman-Frieds Alameda Research transferred massive amounts of ETH

2022-11-23Ethereum

Attention Traders! Here is the Macro-Bottom formed for the Ethereum (ETH) Price!

Ethereum  Attention Traders! Here is the Macro-Bottom formed for the Ethereum (ETH) Price!  11 / 22 / 2022  Balita ng Ethereum ng Bitcoin  he fresh bearish wave has slashed the crypto assets value by approximately 5% to 6% as the market cap plunges below $800 billion. The Ethereum price which is just above $1000 is believed to drop to a 3-digit figure in the next few hours. Once the Presyo ng ETH drops below the pivotal support at around $1029, then a bearish pullback may drag the price lower towards the initial target at $700 by the end of the monthly trade.  anunsyo  The price is expected to form constant lower highs & lows and eventually trade within bearish captivity that may continue in the first few months of 2023. A popular analyst and influencer, justin bennett  $ ETH macro bottom is $300-$400, IMO.  Key horizontal level + multi-year ascending channel support + golden pocket of the March 2020 – ATH range. #Ethereum pic.twitter.com/Fpt5iDZ0h9  - Justin Bennett (@JustinBennettFX) Nobyembre 21, 2022  The analyst considers the multi-year ascending support trend line and the key horizontal levels. Each time, the ETH price tests these levels, tends to reverse its trend. If the price continues to drop and drops with the same intensity

2022-11-23Ethereum

One of Ethereums (ETH) Biggest Buying Days Ends, Heres How Much Was Bought

Ethereum  One of Ethereum‘s (ETH) Biggest Buying Days Ends, Here’s How Much Was Bought  11 / 22 / 2022  Balita ng Ethereum ng Bitcoin  Ayon sa portal ng crypto analytics Santiment, yesterday was marked by purchases by Ethereums largest holders, whose position size in the altcoin ranges from 10,000 ETH to 1 million ETH. Purchases by this group of investors were of 947,940 ETH, equivalent to $1.03 billion, bought at the end of the day.  ???? #Ethereums large whales (holding $10.9M to $1.09B) have added 947,940 more $ ETH kahapon nagkakahalaga ng ~$1.03B. Ito ang ika-5 pinakamalaking solong araw na idinagdag sa nakaraang taon. Ang nakalipas na 4 na pagkakataon, $ ETHpresyo vs. $ BTC tumaas ng average na +3.2% sa sumunod na 3 araw. https://t.co/g4RdgE0Gzj pic.twitter.com/TVYkj4xVrU  - Santiment (@santimentfeed) Nobyembre 21, 2022  The final transaction was so big that yesterday became the fifth largest day for Ethereum purchases by whales in a 365-day span. As the source points out, all previous instances of such events were followed by Ethereums price rising by an average of 3.2% against Bitcoin.  Applying pressure  Despite the positive experience of such previous buying waves, it is worth noting that such pressure was hardly exerted on Ethereum quotations at the time. As well as

2022-11-22Ethereum

Disgraced Crypto Trading Firm Alameda Research Moves $93,353,985 in Ethereum-Based Altcoins Into Single Wallet

crypto Ethereum  Disgraced Crypto Trading Firm Alameda Research Moves $93,353,985 in Ethereum-Based Altcoins Into Single Wallet  11 / 22 / 2022  Balita ng Ethereum ng Bitcoin  Sam Bankman-Frieds failed crypto trading firm Alameda Research appears to be consolidating crypto assets into a single wallet.  The firm has steadily accumulated $93,353,985 worth of Ethereum-based altcoins into just one address in recent days, according to the on-chain analytics company Nansen.  The bulk of the altcoins are denominasyon in the US dollar-pegged stablecoin Tether (USDT), which amounts to 43% of the portfolio.  The second-largest altcoin allocation is BitDAO (BIT). The decentralized autonomous organization (DAO), which is backed by Bybit, Pantera and billionaire Peter Thiel, represents a 29% chunk of the wallet in question.  The wallet also includes several additional assets in smaller amounts, including Ethereum (ETH) itself, which is 3% of the wallet.  Analysts at Nansen sabihin the coins are likely being consolidated as  Bankman-Fried, who is accused of mishandling and spending customer funds, declared bankruptcy at FTX, FTX.US, Alameda Research and other FTX affiliates ten days ago.  John J. Ray III, who oversaw the liquidation of the scandalous American energy company Enron, is now managing the fallout from FTX as the companys new CEO.  In his initial filing on the companys affairs, Ray said

2022-11-22Ethereum
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