Analyst Gives Big Downward Price Target for Bitcoin (BTC) As Crypto Markets Turn Red

Bitcoin cryptoAnalyst Gives Big Downward Price Target for Bitcoin (BTC) As Crypto Markets Turn Red09 / 19 / 2022Balita ng Ethereum ng Bitcoin  The widely followed host of DataDash is predicting that Bitcoin (BTC) will go down fast and hard, reaching new bear market lows.  Crypto analyst Nicholas Merten nagsasabi his 514,000 YouTube subscribers that BTC is going to drop to a minimum of around $14,000 – an approximate 27% drop from BTCs current level around $19,000.  The popular analyst warns that the Bitcoin bear market could be more severe than most traders are anticipating.  Simply put, we need to get prepared for the worst. At a minimum, expect that Bitcoin is going to what it‘s done through previous bear markets. Where do we pull our price levels from? Well, the levels I’m pulling here are not just being pulled out of a hat. They come with pretty decent rationale. Not only with the fact that we‘ve treated these moving averages as resistance and are rolling back over to the lows here likely proving that this isn’t the capitulation or consolidation chanel that many people were expecting it would be…  Not only is it a big even level here, but you‘ve got two dynamics at

2022-09-20Bitcoin

Paano Tumutugon ang Mga Namumuhunan Sa Pagbaba ng Presyo ng Ethereum Pagkatapos ng Pagsama-samang Kaganapan - Coinpedia - Fintech & Cryptocurreny News Media

EthereumPaano Tumutugon ang Mga Namumuhunan Sa Pagbaba ng Presyo ng Ethereum Pagkatapos ng Pagsama-samang Kaganapan – Coinpedia – Fintech & Cryptocurreny News Media09 / 19 / 2022Balita ng Ethereum ng Bitcoin  Matagumpay na nakumpleto ng Ethereum network ang Merge nito noong Setyembre 15 na binago ang network mula sa proof-of-work (PoS) tungo sa proof-of-stake (PoS) na mekanismo. Gayunpaman, hindi natanggap ng Ethereum ang inaasahang resulta dahil sinimulan ng currency ang pababang paglalakbay pagkatapos mismo ng merger.  Kung isasaalang-alang ang ETH/BTC, lumalabas na malapit nang makita ng Bitcoin ang pinakamasamang araw nito kapag isinasaalang-alang ang rate ng paglago ng Ethereum. Ang Ethereum ay tumaas ng 60% laban sa Bitcoin mula Hulyo 13 hanggang Setyembre 8.  Ngunit ang huling 60 araw na bull run ay hindi gaanong kapansin-pansin dahil ang flagship currency ay nakakuha ng dominasyon habang ang Ethereum ay nawala ito pagkatapos ng Merge.  Sa kabilang banda, sa loob lamang ng 10 araw, ibinigay ng ETH ang kalahati ng kita nito pagkatapos na harapin ang 20% na pagwawasto. Gayunpaman, ayon sa pang-araw-araw na tsart, ang Ethereum ay maaaring makakita ng pagbabago ng trend sa lalong madaling panahon.  Ethereum Merge : Bilhin Ang Alingawngaw, Ibenta Ang Balita  Samantala, nasaksihan ng Ethereum ang tumaas na selling pressure pagkatapos matagumpay

2022-09-20Ethereum

ATOM/ETH going up 82%, means this for the DeFi zone

EthereumATOM/ETH going up 82%, means this for the DeFi zone09 / 19 / 2022Balita ng Ethereum ng Bitcoin  Pretty much the majority of tokens plunged into a deep well in the aftermath of the Pinagsamang Ethereum. The overall cryptocurrency market cap, at press time, fell to the $900 billion mark after suffering a fresh 8% correction.  But there is one particle that showcased the will to multiply amidst the ongoing broader market correction.  Atom by Atom  Kosmos went in the greens, as the token moved closer to a four-month high during Fridays (16 September) session. Prices rose past a key resistance level during the day, as bullish sentiment continued to rise even after the weekend.  The native token (ATOM) going into Monday (19 Sept.) didnt quite feel the blues given the price rally. In fact, the token recorded double figures, despite major coins plunging in the aftermath.  It‘s here to be noted, that ATOM showcased around a 100% rise from it was a month ago. Looking into individual trading pairs when compared to ATOM, Messari’s insight narrated the picture in detail.  Pinagmulan: Messari  As more DeFi protocols and decentralized apps (DApps) flood the ecosystem and have participated in its interchain security system, ATOMs value has skyrocketed.  This was evident

2022-09-20Ethereum

Heres One Significant Improvement to ETH Network Following Merge, per Glassnode

EthereumNarito ang Isang Makabuluhang Pagpapabuti sa ETH Network Kasunod ng Pagsamahin, bawat Glassnode09 / 19 / 2022Balita ng Ethereum ng Bitcoin  According to on-chain analytics company firm glassnode, since the Merge update, which went live on Sept. 15, both the mean and median block interval of the Ethereum network have been a remarkable continuous 12 seconds.  This signifies “the transition from the probabilistic variability of PoW mining to the engineered precision of PoS block time,” according to Glassnode.  Dahil ang #Ethereum Merge, both the Mean and Median block interval have been a remarkably consistent 12-seconds  The transition from the probabilistic variability of PoW mining, to the engineered precision of PoS blocktime can be seen below.  Tsart: https://t.co/9fPxujNnO pic.twitter.com/55DNZ786Cs  - Salamin (@glassnode) Septiyembre 19, 2022  Under the new Ethereum method, a validator will be chosen at random once every 12 seconds to suggest a “block” to the chain, or a collection of transactions, to be added to the ledger. This suggests that the proof-of-stake chains blocks would be generated automatically every 12 seconds. The protocol selects a validator to submit a block for each “slot,” which is a 12-second interval.  That block goes missing if that validator is offline, is on a different fork, or is otherwise not participating

2022-09-20Ethereum

Shiba Inu, Ripple, Cardano, and Ethereum Social Interests Spike Despite Collapse

Social interests in ADA, XRP, SHIB, ETH, and Matic have continued to soar while discussions about other cryptos have reduced.  Despite the plunge in cryptocurrency prices over the weekend, certain digital currencies have recorded massive spikes in social engagement in the past few days.  Leading cryptocurrency on-chain and social metrics platform, Santiment, has shared interesting stats about the top crypto assets with good social engagements.  According to Santiment, the top crypto assets with good social interests in the past few days include Ripple (XRP), Cardano (ADA), Shiba Inu (SHIB), Ethereum (ETH), and Polygon (MATIC).  While these cryptocurrencies have been highly mentioned across various social media platforms, including Twitter and Facebook, other digital currencies have seen lower engagements.  “Crypto markets have obviously taken a big hit over the past week, but its interesting to see where social interests have shifted. ETH, XRP, ADA, MATIC, and SHIB have increased in discussions, while most other assets are being discussed far less,” Nag-tweet si Santiment.  ???? #Crypto markets have obviously taken a big hit over the past week, but its interesting to see where social interests have shifted. $ ETH, $ XRP, $ ADA, $ MATIC, at $ SHIB have increased in discussions, while most other assets are being discussed

2022-09-20Ethereum

2023 Ethereum and Bitcoin Price Predictions: Should You Invest?

Ethereum (ETH) leads the recent market losers after the completion of its transition to PoS known as the Merge. The token fell to $1,400 – a critical support zone – and is looking to take it lower to the $1,200 level as selling pressure continues.  Bitcoin is not performing any better, having declined to an intraday low at $19,441.00 in the same session. A technical analyst says both tokens are nearing a “breakout point” where prices can revisit cycle lows.  With top cryptocurrencies by market-cap struggling, its little wonder that investors are turning their attention to presale superstars such as The Hideaways (HDWY).  Ethereum (ETH) Declines to $1,400, RSI Nears Oversold Territory  Ethereum (ETH) has descended to the $1,400 zone following a 5.0% decline to $1,433.20 on Friday. The networks shift to a greener PoS consensus mechanism where validators will replace miners has been completed on September 15.  This event triggered a massive selloff amid the uncertainty about what the future holds for the Ethereum blockchain.  Relative Strength Index, an indicator of the buying and selling pulse, fell to 38.77 which shows a souring market sentiment towards the coin. A 30.0 RSI indicates that the token is oversold and this affects the price negatively.  If bears continue

2022-09-20Ethereum

Low usage stops post-merge Ethereum from becoming deflationary

EthereumAng mababang paggamit ay humihinto sa post-merge na Ethereum mula sa pagiging deflationary09 / 19 / 2022Balita ng Ethereum ng Bitcoin  The Ethereum “Merge” update, which switched the Ethereum blockchain from mula Proof-of-Work (PoW) to Proof-of-Stake (PoS), has been one of the most anticipated events in crypto so far.  One of the main reasons that this update attracted so much attention was the expectation that following the Merge, Ethereum would become deflationary due to transaction fees being burned rather than sent to miners, who were previously incentivised to sell some of their earnings to cover their costs.  Under the PoS system, miners are out of business. New coins are created and rewarded to the validators staking ether.  But despite users high hopes, post-merge, the Ethereum blockchain is still producing more ether than it is burning due to low usage.  For ether to be deflationary, the volume of burnt coins from transactions has to exceed the amount of ether rewards validators are earning.  An estimated chart comparing these two variables has been uploaded on Twitter by De-Fi analyst korpi. According to their estimates, for Ether to be deflationary, the base transaction fee should be 15 gwei and there should be no more than 14,000,000 ether staked.  Sa kasalukuyan

2022-09-20Ethereum

Ang Presyo ng Ethereum ay May Dalawang Hurdles, Crypto Daily TV 19/09/2022

Ang XRP/USD ay sumabog ng 3.5% sa huling session.  Ang pares ng Ripple-Dollar ay sumabog ng 3.5% sa huling session. Ang MACD ay nagbibigay ng positibong signal. Ang suporta ay nasa 0.3335 at ang resistance ay nasa 0.4018.  Ang MACD ay nagbibigay ng positibong signal.  Bumagsak ang LTC/USD ng 4.3% sa huling session.  Ang pares ng Litecoin-Dollar ay bumagsak ng 4.3% sa huling session. Ang Stochastic indicator ay nagbibigay ng negatibong signal. Ang suporta ay nasa 54.761 at ang resistance ay nasa 59.921.  Ang Stochastic indicator ay nagbibigay ng negatibong signal.  Pang-araw-araw na Kalendaryong Pang-ekonomiya:  US NAHB Housing Market Index  Ang NAHB Housing Market Index ay nagpapakita ng mga benta ng bahay at inaasahang mga gusali sa hinaharap na nagpapahiwatig ng mga uso sa merkado ng pabahay. Ang US NAHB Housing Market Index ay ilalabas sa 14:00 GMT, ang US 3-Month Bill Auction sa 15:30 GMT, ang US 6-Month Bill Auction sa 15:30 GMT.  US 3-Month Bill Auction  Ang mga treasury bill ay mga panandaliang securities na nagtatapos sa isang taon o mas kaunti. Ang yield sa mga bill ay kumakatawan sa return na matatanggap ng isang mamumuhunan sa pamamagitan ng paghawak ng bono hanggang sa maturity.  US 6-Month Bill Auction  Itinatakda ng auction ang average na ani sa mga bill na

2022-09-20Ethereum

Solana outperforms Ethereum in daily transactions in Q2: Nansen report

Solana vs. Ethereum daily transaction data. Source: Nansen  Solanas significant increase in daily transactions was observed on daily non-vote transactions when compared to Ethereum — despite sporting higher volatility. On-chain data revealed that desentralisadong palitan (DEXs) such as Mango Markets and Serum and Solana-based decentralized oracle network Switchboard were among the top decentralized apps (DApps) contributing to the spike in daily transactions.  Top Solana DApps by transactions. Source: Nansen  Kapag isinasaalang-alang ang mga transaksyon sa pagboto, nagtala si Solana ng hanay ng humigit-kumulang 100 milyon hanggang 200 milyong mga transaksyon bawat araw, na sinusuportahan ng pagtaas ng kabuuang bilang ng mga wallet — mula sa humigit-kumulang 400,000 wallet hanggang sa halos 1 milyon hanggang sa katapusan ng Mayo 2022.  Daily transactions on Solana. Source: Nansen  Solanas explosive growth can be attributed to a series of funding from mid-2022 made to support the laro fi, desentralisadong pananalapi (DeFi) at nonfungible token (NFT) ecosystems.  Sa pagtatapos ng tala, sinabi ni Mega Septiandara, isang research analyst sa Nansen, na Kung ito man ay ang pagtatatag ng Korea grant at investment fund, o ang maraming paparating na kaganapan na malugod na tinatanggap ang mga bagong builder at user, ang Solana ecosystem ay umuunlad.  Nauugnay: Ang mga pagkawala ng network ay naging

2022-09-20Ethereum

MicroStrategy Michael Saylor: Only Bitcoins PoW works Ethereum weaker post-PoS Adoption

Ethereum Merge, the biggest and most popular event in crypto history, occurred on 15 September.  Bitcoin is the leader among all cryptocurrencies and the biggest cryptocurrency following PoW.  On 17 September 2022, Bitcoin enthusiast Michael Saylor noted that Bitcoin is becoming stronger despite the Ethereum Merge. According to beliefs, Saylors proof-of-work (PoW) is a globally acknowledged and verified way to create a digital commodity.  The Ethereum Merge happened on 15 September, and the Merge upgraded the working mechanism of the Ethereum blockchain from proof-of-work(PoW) to proof-of-stake(PoS).  Before the Ethereum Merge happened, it was the most viral event and topic in the media and the most popular topic in crypto history.  (@saylor) Septiyembre 16, 2022  Saylor said that “I foresee that Bitcoin will only become stronger. It wont be weaker. PoW is the best way worldwide to establish a digital commodity.”  Sa halip, sinabi ni Michael Saylor na ito ang pinakamalinis na pang-industriya na paggamit ng kuryente at pinapabuti nito ang kahusayan sa enerhiya sa pinakamabilis na rate sa anumang pangunahing industriya.  Sinuportahan ni Saylor ang kanyang argumento sa pamamagitan ng pagtukoy sa pagsusuri sa H2 Global Bitcoin Data Mining na inilathala noong Hulyo ng Mining Council of Bitcoin, isang grupo ng 45 na kumpanya na nagsasabing kinakatawan ang

2022-09-19Ethereum
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