Kraken Analysts Unveil $356,841 Bitcoin Price Target and Potential Ethereum Moonshot As Crypto Markets Pop

Analysts at the US-based crypto exchange Kraken are detailing a massive price target for the top cryptocurrency, Bitcoin.  In a new letter to traders, Kraken‘s technicians use Bitcoin’s historic price action to predict where BTC may be heading in the long run.  The exchange‘s forecast is based on how high BTC’s price has traded above its 200-week moving average in previous bull runs.  According to Kraken‘s analysts, Bitcoin’s price has historically surged 10x to 15x after touching its 200-week moving average.  This implies a future price range of $237,894 to $356,841.  Pinagmulan: Kraken Intelligence  Kraken is also looking at where Ethereum may be heading in the long run, if past is prologue.  The exchange utilizes Ethereum‘s logarithmic chart and its regression rainbow, which plots the curve of ETH’s price range over time.  According to Kraken, because the rainbow trends up, the longer ETH takes to reach its next resistance level, the higher the potential market cycle top.  Kraken says that a move to the upper band implies Ethereum would reach $28,471, representing a 1,839% burst from Ethereums current price.  Pinagmulan: Kraken Intelligence  After an extended period of low volatility, both Bitcoin and Ethereum have popped in the last 24-hours.  Bitcoin is up 4.1% at time of publishing, at $20,121. Ethereum is up

2022-10-26Ethereum

Hindi pipigilan ng Merge ng Ethereum ang paglubog ng presyo nito

Ang pinakahihintay na Merge ng Ethereum ay naganap noong Setyembre, na inilipat ito mula sa isang legacy proof-of-work (POW) modelo sa sustainable patunay-of-stake (PoS) algorithm ng pinagkasunduan. Inaasahan ng maraming tagamasid ang kay Ether (ETH) presyo upang tumugon nang positibo dahil ang araw-araw na emisyon nito ay bumaba ng 90% sa paghinto ng mga operasyon ng pagmimina.  Gayunpaman, ang inaasahang pagtaas ng presyo ay hindi kailanman nangyari. Sa katunayan, ang Ether ay bumaba ng higit sa 7% mula nang mag-upgrade. Kaya bakit hindi pinataas ng Merge ang presyo ng barya?  Post-merge na patakaran sa pananalapi ng ETH  Ang monetary policy ng Ethereum ay para lang bawasan ang supply ng token sa 1,600 ETH kada araw. Ang modelo ng PoW, katumbas ng 13,000 ETH ay inilabas araw-araw bilang mga reward sa pagmimina. Gayunpaman, ganap na itong inalis pagkatapos ng Pagsasama, dahil ang mga operasyon ng pagmimina ay hindi na wasto sa modelo ng PoS. Samakatuwid, ang 1,600 ETH supply na lang ang natitira para sa staking rewards, na pinuputol ang pang-araw-araw na supply nito ng 90%. Kung ang average na presyo ng gas sa Ethereum network ay naging hindi bababa sa 16 gwei, ang 1,600 ETH ay susunugin araw-araw, na gagawing zero ang inflation

2022-10-25Ethereum

Ethereum Price Analysis: Bulls Aim Higher Above $1,400

Ethereum price is gaining pace above the $1,300 level against the US Dollar.  Ang presyo ng ETH ay nakikipagkalakalan ngayon sa itaas ng $ 1,320 at ang 55 simpleng average na paglipat (4-oras).  Nagkaroon ng pahinga sa itaas ng isang pangunahing linya ng trend ng bearish na may paglaban malapit sa $ 1,320 sa tsart na 4 na oras (feed ng data mula sa Coinbase).  Maaaring umakyat pa ang pares kung aalisin nito ang $1,370 resistance zone.  Pagsusuri ng Ethereum na Presyo  This past week, ethereum saw a fresh decline below the $1,300 level against the US Dollar. ETH price even declined below the $1,280 support level and the 55 simple moving average (4-hours).  It traded as low as $1,254 before the bulls appeared. Recently, the price started a sariwang pagtaas above the $1,300 resistance zone. There was a break above a major bearish trend line with resistance near $1,320 on the 4-hours chart.  Ang presyo ay nakikipagkalakalan na ngayon sa itaas ng $1,320 at ang 55 simpleng average na paglipat (4-oras). It even cleared the $1,350 level and traded as high as $1,370.  The price is now consolidating gains near the 23.6% Fib retracement level of the upward move from the $1,254 swing low to $1,370 high.

2022-10-25Ethereum

Be Aware! Bitcoin’s Biggest Intra-Market Risk Is Here-This Can Take Bitcoin To The Bottom

The extended crypto winter has created turmoil for Bitcoin in the price chart as it continuously trades in a consolidated range below $19.6K.  Therefore, monitoring the on-chain activity of leading digital assets like Bitcoin is essential to better understand the crypto market‘s sentiments. Furthermore, the policies made by the Federal Reserve (FED) mark a significant factor for Bitcoin’s further price momentum.  Therefore, the upcoming FOMC meeting on 2 November will be vital for the stock and crypto markets as both are interconnected. Furthermore, there is an internal risk also as the bitcoin mining difficulty soars over 3% to make an all-time high.  Bitcoin Mining Difficulty Continues To Attain New Highs!   The bearish trend of Bitcoin has brought tough competition to Bitcoin miners as the mining difficulty jumps by 3.44% and hits an all-time high of 36.835 trillion hashes.  However, the latest spike is not as significant as the previous one, as the mining difficulty increased by 13.55% on 10 October.  The difficulty of mining bitcoin depends on the computational power needed to mine one bitcoin. The network fluctuates hash power, making it harder or easier to mine a block every ten minutes.  The recent spike in mining difficulty indicates further adjustments to the network, creating more

2022-10-25Bitcoin

Ethereum Killer Tezos (XTZ) Now Supported by Robinhood

Robinhood has added support for two additional cryptocurrencies as it struggles to attract new crypto users  robinhood 在努力吸引新的加密用户时增加了对另外两种加密货币的支持  Popular online broker Robinhood Markets (HOOD) has added support for Tezos (XTZ), one of the top Ethereum (ETH) competitors, according to a Anunsyo ng Lunes.  据 anunsyo ng lunes 称,受欢迎的在线经纪商 robinhood markets (hood) 增加了对以太坊 (eth) 的顶级竞争对手之一 tezos (xtz) 的支持。  In addition, the commission-free trading platform also added support for the Aave (AAVE) cryptocurrency, the native cryptocurrency of the eponymous decentralized finance protocol.  此外,免佣金交易平台还增加了对同名去中心化金融协议的原生加密货币 aave(aave)加密货币的支持。  The price of XTZ is up 1.6% over the last 24 hours, according to data provided by CoinGecko. AAVE saw a substantially bigger price uptick of roughly 6.1% over the past 24 hours.  根据 coingecko 提供的数据,xtz 的价格在过去 24 小时内上涨了 1.6%。在过去 24 小时内,aave 的价格大幅上涨了约 6.1%。  Robinhood originally added support for cryptocurrency trading in early 2018 after the industry experienced its first mainstream bull run in 2017. The company hugely profited off the Dogecoin mania in 2021, but its revenues declined significantly, together with cryptocurrency prices.  robinhood 最初在 2017 年行业经历了第一次主流牛市后于 2018 年初增加了对加密货币交易的支持。该公司从 2021 年的狗狗币狂热中获得了巨额利润,但其收入与加密货币价格一起大幅下降。  After refraining from adding new cryptocurrencies for years, Robinhood has been on a roll with its listings in 2022. The addition of new coins is supposedly meant to attract more customers after many people started abandoning

2022-10-25Ethereum

How Ethereums [ETH] liquidity can help it retain its position in the market

Kung namuhunan ka sa Ethereum (ETH), you probably want to know how well or badly (relatively) it is currently performing. Perhaps, what you want to know more is what the future has in store for Ethereum. Maybe, the best answers are in its ability to retain value in the form of liquidity.  Narito ang AMBCryptos Price Prediction for Ethereum (ETH) para sa 2023-24  Ethereum tops the list of networks with the highest total value locked (TVL). The amount of liquidity locked within a network is a decent measure of the level of faith that investors have in the network. It also underscores the level of utility that the said network can command. The more the value locked, especially during a bear market, the sounder the network is in terms of utility.  According to recent data, Arbitrum and Optimism each have a higher total value locked than Solana. To put it into perspective, both are layer 2 networks that facilitate transactions for the Ethereum mainnet. The fact that two Ethereum L2s have more total value locked each, than a layer 1 network, speaks volumes about Ethereums massive lead.  Holy crap! #ethereum layer twos Abritrum and Optimism both have higher total value in defi than #solana!  -

2022-10-25Ethereum

Best Bitcoin And Ethereum Strategy In 2022? This Report Answers

Bitcoin EthereumBest Bitcoin And Ethereum Strategy In 2022? This Report AnswersAng presyo ng BTC ay gumagalaw patagilid sa pang-araw-araw na tsart. Pinagmulan: BTCUSDT Tradingview2022 Crushes Bitcoin And Global Markets  Outside of energy, the breadth and correlation of underperformance is stunning – every single macro financial benchmark is underwater in real terms (…). Today, with every category of fixed income returning negative real returns – there was essentially nowhere you could have hidden out this year and beaten inflation.Pinagmulan: QCP CapitalThe Only Safe Haven For BTC And ETH Investors  (…) crypto options trading volumes and open interest (OI) have held up so well this year, amidst a crypto winter that has seen other crypto asset class volumes decline between 70-90%. In Q3, ETH options OI actually broke its all-time highs! While BTC OI has held up comparatively well as well.Pinagmulan: QCP Capital

2022-10-25Ethereum

Big Eyes Coin, Celo, And Ethereum Are Three Cryptocurrencies With Unrivalled Growth Potential

crypto EthereumAng Big Eyes Coin, Celo, At Ethereum ay Tatlong Cryptocurrencies na May Walang Kapantay na Potensyal sa Paglago  The cryptocurrency market offers many coins for sale, but crypto enthusiasts mostly focus on the ones with unrivalled growth potential. This is where Big Eyes Coin (BIG), Celo (CELO), and Ethereum (ETH) come in.  Wondering what makes these three cryptos special? Read on to find out.Tokenize Cuteness with Big Eyes Coin  The new cryptocurrency, Big Eyes (BIG), is a meme coin with DeFi features. It is also a community-based coin that is focused on creating wealth for its users. Its uniqueness is due to its irresistibly cute cat mascot—a distinctive feature in sharp contrast to the dog-faced meme coins that have saturated the crypto market.  As a DeFi coin, Big Eyes (BIG) uses its cuteness as capital. It has plans to venture into Anime, a fast-rising market in the crypto space. The Big Eyes (BIG) team will design anime-inspired comic books and merchandise to drive revenue.  Another concept that Big Eyes (BIG) plans to tap into is the NFT market. Among its prominent goals is ranking among the top 10 NFTs in the NFT market by leveraging its cuteness. The Big Eyes NFTs will serve as

2022-10-24Ethereum

Top Analyst Says He’s Accumulating Three Ethereum Challengers Along With Three Additional Crypto Assets

crypto Ethereum  Top Analyst Says Hes Accumulating Three Ethereum Challengers Along With Three Additional Crypto Assets  Crypto strategist Michaël van de Poppe says hes planning to accumulate a handful of altcoins including three Ethereum (ETH) competitors.  Van de Poppe tells his 636,300 Twitter followers that he has his sights itakda on decentralized oracle network Chainlink (LINK), pati na rin ang XCAD, the native asset of non-fungible token (NFT) marketplace XCAD Network, and Skale (SKL), a blockchain network designed to allow developers to create and provide decentralized chains that are completely compatible with Ethereum.  Van de Poppe says he is also targeting Ethereum rivals Near Protocol (MALAPIT), Elrond (EGLD) and Concordium (CCD).  Looking closer at Concordium, Van de Poppe highlights that the enterprise-grade blockchain is moving beyond its target market, which he says could bring “ample” opportunties for growth.  The crypto analyst is also looking at interoperable blockchain technology Quant (QNT) for possible trades. According to Van de Poppe, QNT is currently in a corrective period, which it could reverse if the altcoin converts resistance around $178 into support.  Source: EightGlobal  At time of writing, QNT is changing hands for $173.95.

2022-10-24Ethereum

Community Predicts Ethereum Moment Bull Run, Heres How It Might Happen

EthereumCommunity Predicts “Ethereum Moment” Bull Run, Here’s How It Might Happen  Vacuum will ultimately be created for Cardano to thrive in next bull run  Cardano-focused Twitter account, Balyena ng Cardano, predicts that Cardano might have its “Ethereum moment” in the next bull run. Explaining what he meant, ADA whale recalls when Cardano became the third largest cryptocurrency by market capitalization in the past year, while Ethereum ranked second.  A likely scenario in my mind is that Cardano will have its Ethereum moment next bull run (what it tried to do last one as it pumped to 3rd, but alas too early), with DeFi, NFTs and community activity exploding. Will solidify my view that there are no VC prefab shortcuts in crypto  Cardano Whale noted that the run-up then was quite early as Cardano did not have the “components” it has currently.  The Cardano enthusiast envisages a repeat of this same scenario with DeFi, NFTs and community activity exploding. He notes that a vacuum will ultimately be created for Cardano to thrive in the next bull run.  In the months leading up to the September 2021 Alonzo upgrade, ADA prices rallied more than 1,800%, outperforming Bitcoin and Ethereum in terms of gains. Subsequently, it rose to become

2022-10-23Ethereum
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