Ethereum (ETH) Dumped sa Major Dami sa FTX Exchange

Ang kamakailang paglipat ng $500 milyon na halaga ng FTX Token (FTT) sa Binance ay nagdulot ng malaking pag-aalinlangan sa paligid ng pananalapi ng crypto exchange. Gayunpaman, tiniyak ng CEO ng FTX na si Sam Bankman-Fried na ang lahat ng operasyon ay gumagana nang maayos ngunit ang mga namumuhunan ay pinindot ang panic button.  Bukod sa FTT liquidation, ang mga user ay nag-withdraw ng mga pangunahing altcoin tulad ng Ethereum mula sa pangunahing FTX wallet. Ayon sa on-chain data, sa gitna ng Binance drama, higit sa 90% ng Ethereum (ETH) ang na-dump mula sa FTX main wallet. On-chain na data provider Santiment mga ulat:  Kagandahang-loob: Santiment  Ang crypto winter ng 2022 ay nakitaan ng maraming manlalaro na nag-freeze ng mga withdrawal ng user. nagdulot ito ng matinding pag-aalala sa komunidad ng crypto. Bilang resulta, ang anumang mga negatibong sentimyento ay nagreresulta sa isang matinding reaksyon tulad ng nakikita sa kaso ng mga pag-withdraw ng Ethereum mula sa FTX.  Ang pinuno ng FTX na si Sam Bankman-Fried ay tiniyak na ang mga bagay ay gumagana nang maayos. Sa isang tiririt kahapon, isinulat niya:  Ang isang katunggali ay nagsisikap na habulin kami ng mga maling alingawngaw. Maayos ang FTX. Maayos ang mga asset. Ang FTX ay may

2022-11-08Ethereum

Binance Platform Holds $8 Billion ETH in Its Cold Wallet

Binance CEO stated that the platform has about $8 billion ETH in its cold wallet.  Ethereum is currently trading at $1,472 and is down 7.98%.  Changpeng Zhao, CEO ng Binance, reported that as of this mornings early hours, the BNB platform had ETH worth about $8 billion stored in its cold wallet. He added that they are serving as custodians for the user funds and further clarified that these funds are unrelated to the platform.  Additionally, on November 7, Binance tweeted that on November 8, they would perform wallet maintenance for the Ethereum Network (ERC-20). As stated by the Binance team, withdrawals have been suspended this morning to secure the wallets. This maintenance process will not have an impact on the ETH.  And on November 7, the Binance platform dumped all FTT tokens, causing the FTX to experience a top collapse of its Ethereum (ETH) reverse. The exchange has lost nearly 300,000 ETH in the last two days, according to data provider CryptoQuant. FTXs Ethereum reserve is currently around 108,246.43. This is one of the most significant drops recorded since November 2020.  Todays ETH Price Statistics  The entire crypto market has been facing bears in recent days, with the global crypto market down 6.83% and trading

2022-11-08Ethereum

Burned LUNC Crosses 26 Billion, But Is This Enough?

The LUNA Classic (LUNC) community has now been burning the cryptocurrency for a couple of months now following the collapse of the Terra network. It has been on a reasonable momentum since then with the likes of Binance joining in on the action. So far, there have been more than 26 billion tokens burned, but the question still remains if this is significant to the overall supply of the digital asset.  Less Than 0.4% Of The Supply  The LUNC burned has since crossed 26 billion. Obviously, this was helped along by crypto exchange Binance which has burned more than $3 million worth of LUNC at this point. It also goes to show how fast the token burn is moving in terms of the dollar value. However, when held up against the total supply of the cryptocurrency, this number falls short.  At 26.3 billion tokens burned, it puts the total burned volume at just 0.38% of the total supply of the digital asset. In the end, it makes the burned figure inconsequential since it has no significant bearing on the supply and by extension, the price of LUNC in the market.  For LUNC to record any impact on the price, more coins would need to

2022-11-08Industriya

European Commission to soon propose legislation on a digital Euro

The European Commission is soon going to bring out legislation on the digital Euro, said European Central Bank (ECB) President Christine Lagarde.  Lagarde was pagtugon the “Towards a legislative framework enabling a digital euro for citizens and businesses” conference when she made these remarks.  “The timely adoption of a legal framework for the digital euro would give all stakeholders the necessary legal certainty to prepare for its possible introduction and send a strong signal of political support… Im very much looking forward to the legislative proposal for establishing a digital Euro, which the European Commission will propose shortly,” Lagarde added.  ECBs long investigation into the European CBDC  It was in January 2020 that the ECB nagsimula studying the issuance of a digital Euro. During 2020-21, the bank hinahangad public consultation in regard to developing a European CBDC.  In October 2020, the ECB published a ulat, “ECB intensifies its work on a digital euro.” Lagarde said, “Europeans are increasingly turning to digital in the ways they spend, save and invest. Our role is to secure trust in money. This means making sure the euro is fit for the digital age. We should be prepared to issue a digital euro, should the need arise.” This means that

2022-11-08Industriya

Ethereum price analysis: ETH reacts at $1,540, ready for another wave higher?

EthereumEthereum price analysis: ETH reacts at $1,540, ready for another wave higher?  11 / 07 / 2022  Balita ng Ethereum ng Bitcoin  Ethereum price analysis is bullish today as we have seen strong retrace and clear signs of support at the $1,540 mark. Therefore, another higher low is set and ETH/USD is likely ready to continue even higher over the next days.Mapa ng Cryptocurrency heat. Pinagmulan: Coin360  The market has traded in the red over the last 24 hours with Bitcoin losing 2.73 percent. Meanwhile, Ethereum declined by 2.75 percent, with most of the market moving even lower.  Nakipag-trade ang ETH/USD sa hanay na $1,550.42 hanggang $1,617.18, na nagpapahiwatig ng malaking pagkasumpungin sa nakalipas na 24 na oras. Ang dami ng kalakalan ay tumaas ng 52.72 porsiyento, na may kabuuang $15.15 bilyon, habang ang kabuuang market cap ay nakipagkalakalan sa humigit-kumulang $193.37 bilyon, na nagreresulta sa pangingibabaw sa merkado na 18.79 porsiyento.  On the 4-hour chart, we can see bullish momentum returning over the past hours, likely leading ETH to reverse overnight and continue testing further upside.  4-oras na tsart ng ETH / USD. Pinagmulan: TradingView  Ethereum presyo action has traded with declining bullish momentum last week as only slightly higher local highs could be set. After the

2022-11-08Ethereum

Uneven Growth Rate In Ethereum, Solana, And Cardano As Per Cardano Quarter Earnings

EthereumUneven Growth Rate In Ethereum, Solana, And Cardano As Per Cardano Quarter Earnings  11 / 07 / 2022  Balita ng Ethereum ng Bitcoin  The United States’ largest crypto currency exchange platform, Coinbase, announced its third quarter earnings, which show a decline in the profits. Due to weak market conditions and lawsuits filed against Coinbase, revenue fell to $576.4 million (USD), a decrease of 28% from second quarter earnings. Its net loss was reduced to $544.6 million (USD).  Samantala, ang staking at custody service nito ay nag-ulat ng 43% na paglago kumpara sa ikalawang quarter. Sa nakaraang quarter, ipinangako ng Coinbase sa mga shareholder na pagbutihin ng entity ang mekanismo ng staking nito sa platform. Kamakailan, inilunsad ng Coinbase ang isang liquid staked token na tinatawag na Coinbase wrapped Ethereum (CBETH). Noong Marso, itinaas ng Coinbase ang suporta nito para sa Cardano stake.  Staking is a process that helps the long term crypto holders to earn rewards for holding certain types of digital currencies. For staking the cryptocurrencies, they utilize consensus mechanisms, a popular crypto method called Proof of Stake (PoS). Currently, if the investor wants to stake, there are a lot of options, like Ethereum, Cosmos, Solana, and Cardano.  The company released a letter on November

2022-11-07Ethereum

Ethereum Reaches Oversold Region as It Recoups Above $1,500

Ethereum  Ethereum Reaches Oversold Region as It Recoups Above $1,500  11 / 07 / 2022  Balita ng Ethereum ng Bitcoin  Nob 07, 2022 nang 11:42 // presyo  The price of Ethereum (ETH) is currently in an uptrend. The largest altcoin continues to move between the $1,500 support and the $1,600 level. The $1,600 resistance area was tested twice by buyers, but they were unable to maintain their bullish momentum above it.   The negative momentum against Ether stalled for today above the $1,500 support. After Ether was demented at the $1,600 high, it was initially forced to fall to the $1,400 support. The altcoin is expected to rise and reach its previous highs of $1,600 and $1,800 again if it overcomes the initial resistances. The altcoin is currently declining, which cancels the upward movement. If Ethereum is rejected by the stock market, it would quickly fall to a low above $1,400.  Pagsusuri ng tagapagpahiwatig ng Ethereum  Ethereum is still at the 58 level of the Relative Strength Index for the 14 period, suggesting that the value of the altcoin will rise. The price bars for Ether are above the moving average lines, indicating a possible price increase. Ether is below the 20% area of the daily stochastic. This

2022-11-07Ethereum

Google Signals Major Crypto Push With Ethereum, Solana Support

crypto EthereumGoogle Signals Major Crypto Push Gamit ang Ethereum, Solana Support  11 / 07 / 2022  Balita ng Ethereum ng Bitcoin  Google Cloud has trumpeted a series of collaborations with popular blockchain networks Ethereum and Solana in recent weeks, accelerating the tech giant’s support of Web3.  Late last month, Google Cloud announced a node-hosting service for Web3 developers called the Blockchain Node Engine. The tool is designed to help build and deploy on blockchain-based applications and platforms.  Ethereum is the first blockchain supported by the engine. Rival network Solana is to follow soon, per a tweet over the weekend. The post sparked a near-20% rally for the network’s native token, although it has since given up most of those gains.  “Web3 companies who require dedicated nodes can relay transactions, deploy smart contracts, and read or write blockchain data with the reliability, performance, and security they expect from Google Cloud compute and network infrastructure,” Google Cloud executives Amit Zavery and James Tromans said in a statement.  Sa katapusan ng linggo na ito Breakpoint 2022 conference in Lisbon, an event held by the Solana Foundation, Google’s Web3 lead Nalin Mittal explained that Google has really deepened its investment in the Web3 space throughout 2022. This has culminated in the

2022-11-07Ethereum

Ethereum rallies past crucial resistance, can it push to $2,000 this month

Isang linggo na ang nakalilipas, Ethereum [ETH] flipped the $1,485 mark from resistance to support. Since then, it has posted gains of 10.9% and rising at press time. With Bitcoin [BTC] also looking bullish, it looked like the entire crypto market had a bullish outlook in the coming days.  Narito ang AMBCryptos Prediction ng Presyo para sa Ethereum [ETH] sa 2022 2023-  Dami ng kalakalan ng NFT also took a hit in October, but the number of unique traders rose by 18% in October. This suggested demand was still going strong in the NFT market.So far, so good for the bulls who can now watch out for $1800 and $1950  Pinagmulan: ETH / USDT sa TradingView  Ethereum formed a range (white) between $1,270 and $1,390 in September and October. The breakout from this range saw ETH surge to $1,600, but the trading volume was not particularly high. The On-Balance Volume (OBV) did not see a sharp move upward either, which suggested that buying pressure might not be strong enough to reverse the higher timeframe downtrend.  The OBV was able to crest a resistance level from the past six weeks, which supported the rally of the past two weeks. At the time of writing, the price

2022-11-06Ethereum

Bitcoin Price Is Holding Well Above $20k But This Penny Crypto Can Surge 30x

Sumali sa aming Telegrama channel upang manatiling napapanahon sa breaking news coverage  Trading at $20,209 at the time of writing, the presyo ng bitcoin has dropped back, but is holding support above the $20k psychological level.  Market participants looking for a steer on where the bitcoin price might be headed are faced of the difficulty of assesses when its rangebound pattern around $18,00 and $20,000 could break to the upside.  But a metric called the Yardstick ng Bitcoin for signalling when bitcoin is trading at cheap, risky or expensive levels, may currently be indicating a favourable entry point into the market. Could it be time to bumili bitcoin?  An Experts Take On the Bitcoin Price Dip and Possible Break Out  The Bitcoin Yardstick is currently at its lowest level ever seen, which, according to the indicator, means bitcoin is trading cheaply.  If the metric is an accurate reading of the state of the market, then bitcoin is much more oversold than the typical holder realizes and points to a conventional macro bottom being formed for BTC/USD.  The metric was devised by Charles Edwards, the CEO of digital asset fund Capriole, created the Bitcoin Yardstick and has observed that it has just hit its second-lowest level ever.  In his

2022-11-06Bitcoin
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