Trading: technical analysis of Bitcoin and Ethereum

Pagsusuri ng Presyo ng Bitcoin (BTC)  Weakness in recent hours brings Bitcoins price back sa ibaba $ 18,600 for the first time since 20 June.  Downward movement that highlights the weakness of the technical structure, which despite an attempt to recover the $25,000 in mid-August, has failed to change the bearish trend that began last November, which continues to characterize the price movements of the queen of cryptocurrencies.  The failure to hold the technical and psychological support of $20,000 quickly caused the prices to plummet to the lowest levels in the past two months, raising fears of a retracement below the June lows with the prices touching $17,600, the lowest bottom since December 2020.  At this point, a return of buying and a recovery of $20k is needed within the next few days of the week to cancel out the hypothesis of a monthly cycle that began on 28 August and is already set to fall, paving the way for an update of the years lows.  Ethereum (ETH) – technical price analysis  Ethereum Price Analysis (ETH)  The technical structure of Ethereum is different, and despite the bearish phase that has been characterizing the price movement since mid-August, it still demonstrates a bullish setting of the current three-month

2022-09-08Ethereum

Bumaba ang Ethereum Sa kabila ng Pagsasama, Ano ang Naging Mali?

EthereumBumaba ang Ethereum Sa kabila ng Pagsasama, Ano ang Naging Mali?09 / 07 / 2022Balita ng Ethereum ng Bitcoin  Ang Pag-upgrade ng Bellatrix went live on the Beacon chain of Ethereum yesterday. It marked the start of the Pinagsamang Ethereum, which will end with the Paris upgrade. Despite the enthusiasm around the merge, the Ethereum price has gone down by close to 8%. It is currently trading at $1,510.  Ang Ethereum merge ay dapat na isang napakalaking bullish na kaganapan para sa ETH at crypto, sa pangkalahatan. Ang pagbaba ng mga presyo ay isang dahilan ng pag-aalala para sa mga namumuhunan.  Ang kinahinatnan ni Bellatrix  Naging live ang Bellatrix upgrade kahapon. Ang pag-upgrade ng Bellatrix ay nagmamarka ng simula ng pagsasama. Binibigyan din nito ang mga validator ng kakayahang lumikha ng mga bloke ng Beacon. Ang code para sa pagsasanib ay mapapaloob din sa isang naturang bloke.  Bumaba ang rate ng pakikilahok sa network ng Ethereum pagkatapos ng pag-upgrade ng Bellatrix. Ayon sa mga eksperto, ang pagbagsak ay maaaring maiugnay sa pagkabigo ng ilang mga node na i-upgrade ang kanilang mga kliyente. Naniniwala sila na tataas ang partisipasyon habang dumarami ang mga validator na nag-a-upgrade ng kanilang mga node para sa upgrade ng Bellatrix.  Ang isang

2022-09-08Ethereum

Polygon Network Backs Impending Ethereum Merge

Altcoin News  The cryptocurrency industry as a whole will benefit from the Ethereum Merge.   The last significant update before the transition, Bellatrix was completed.  According to Polygon Network, the impending Ethereum Merge will eliminate almost 99.1 percent of the networks carbon footprint. With the impending Merge, it will be significantly less harmful to the environment.  Ayon sa kumpanya:  “The Merge is estimated to cancel out a whopping 99.91% of Polygons network carbon emissions, reducing the anual total to just 56.22 tCO2e.”  The goal of the Merge is to cut Ethereum‘s power usage by 99.99%. It has been determined by the Crypto Carbon Ratings Institute (CCRI) that the bulk of emissions from the Polygon chain come from the chain’s operations on the Ethereum foundation layer (99.92%). After deducting external emissions, the research finds that Polygons PoS network is responsible for 50.13 tCO2e.  Magsisimula ang Countdown  The network‘s efforts to lessen its environmental impact were first reported by poligon earlier this year. According to a CCRI projection, Polygon’s yearly carbon emissions until July 2022 were 60,953.26 metric tones of carbon dioxide equivalent (tCO2e). This amounts to a total of 94,782 tCO2e in emissions from the whole supply chain.  To sum up, the cryptocurrency industry as a whole will benefit from

2022-09-07Ethereum

As Bitcoin Loses $19,000, Crypto’s Hopes Rest on the Ethereum Merge

BTC/USD (Pinagmulan: CoinGecko)  The world‘s top cryptocurrency extended its weeks-long losing streak Wednesday, tumbling below $19,000 for the first time since the crypto market’s liquidity crisis event in June. Per Data ng CoinGecko, Bitcoin is trading at about $18,730 at press time, down 5.8% on the day. Its currently over 70% short of its November 2021 peak.  Bitcoin‘s latest selloff has hit the likes of Ethereum, BNB, Cardano, and Solana even harder, leading to a market-wide downturn that’s brought the global cryptocurrency market capitalization below $1 trillion.  After Three Arrows Capital‘s blow-up and the subsequent collapse of crypto lenders like Celsius and Voyager Digital, the crypto market had shown signs of recovery over the summer. Ethereum and other assets surged more than 100% from the June bottom helped in part by slowing inflation rates and relatively conservative moves from the Federal Reserve, but the market’s bullish momentum was called into question in mid-August when Bitcoin failed to break past $25,000 (Crypto and other asset classes took a big hit on August 26 after Fed chair Jerome Powell warned of further “pain” for markets in a speech at Jackson Hole; he reiterated that the U.S. central bank hopes to bring inflation down to 2%.)  Can

2022-09-07Ethereum

Ethereum [ETH] issuance concerns addressed ahead of the Merge

EthereumAng mga alalahanin sa pagpapalabas ng Ethereum [ETH] ay tinutugunan bago ang Pagsamahin09 / 07 / 2022Balita ng Ethereum ng Bitcoin  Ethereum [ETH] has been attracting interest from the majority of the crypto community lately. This is mostly due to the upcoming release of the Merge. However, the transition to Proof-of-Stake (PoS) has also led to intense questions surrounding ETH issuance.  A recent analysis from Glassnode addressed this conundrum surrounding Ether issuance under two possible scenarios.  Ano ang alam natin?  The first situation calls for ETH issuance on both PoS and PoW chains along with the EIP-1559 burn, which is usually an inflationary process. The second briefing calls for ETH to be issued on PoS and through the EIP-1559 burn that presents a higher deflationary stance on the network.  According to WatchTheBurn.com, over 37,170 ETH has been destroyed under EIP-1559 in the past 30 days alone. A recent Walang utang newsletter stated that Ethereum will become inflationary under EIP-1559 at a net inflation rate of 1.26-2.66%.  However, Bankless also suggested, that when Ethereum switches over to staking via PoS, its inflation rate could hit -1.05%. Thus, making it deflationary.  It is important to note that during August 2022, average gas prices were around 20 Gwei. If The

2022-09-07Ethereum

Will the Ethereum Merge crash or revive the crypto market?

On this week‘s “The Market Report” show, Cointelegraph’s resident experts discuss the Ethereum Merge and how it might impact the crypto market  To kick things off, we broke down the latest news in the markets this week.  Surge or purge? Why the Merge may not save Ether (ETH) price from “Septembear.” Options data, macroeconomic catalysts and technical signals suggest a decline in Ether price is on the table despite the Merge. Ethereum‘s native token, Ether, is not immune to downside risk in September after rallying approximately 90% from its bottom of around $880 in June. Can Ethereum prove analysts wrong and break out in price following the Merge or has the price already been factored in and we’ve already seen the price spike for the end of this year?  ETH Merge: Ang co-founder ng CoinGecko ay nagbabahagi ng diskarte para sa mga forked token. Many believe that after Ethereum transitions to patunay-of-stake (PoS), isang paksyon ni Ether (ETH) ang mga minero ay gagawa ng a patunay-ng-trabaho (PoW) fork of the network so that they can still keep mining. An executive believes that there are ways for ETH holders to take advantage of this upcoming event. Different people are expecting to trade the Merge

2022-09-07Ethereum

Ethereum Final Upgrade Bellatrix Goes Live: Next Stop The Merge

EthereumEthereum Final Upgrade Bellatrix Goes Live: Next Stop The Merge09 / 07 / 2022Balita ng Ethereum ng Bitcoin  September is the month of Ethereum and the Merge.  Bellatrix – Ethereums final upgrade ahead of Merge – has finally kicked off at epoch 144,896 on Tuesday. With the activation of Bellatrix, the team made one step closer to the high-anticipated Merge planed for the coming weeks this month.  The Merge, which will transition Ethereum from the Proof-of-Work mechanism to the Proof-of-Stake mechanism, takes place over the course of many days and will be completed when the Terminal Total Difficulty (TTD) reaches a specific value (5875000000000000000000).  Within the next few days, the difficulty level is going to climb to the point where it will be impossible to mine any additional ETH. Once the TTD reaches the mentioned specific value, the fusion upgrade will be activated, and then the Beacon Chain will be merged into the mainet.  This will mark the begining of the era of staking on Ethereum. The developers anticipate that this will take place between September 14 and September 16.  After eight years of delays, Ethereum has taken major steps to prepare and also scheduled the launch of the Ethereum The Merge upgrade at the begining

2022-09-07Ethereum

Ethereum Nosedives, Why $1,500 Is The Key For More Losses

EthereumEthereum Nosedives, Bakit $1,500 ang Susi Para sa Higit pang Pagkalugi09 / 07 / 2022Balita ng Ethereum ng Bitcoin  Ethereum failed to test $1,700 and started a major decline against the US Dollar. ETH declined over 7% and there was a move below the $1,540 support.  Sinimulan ng Ethereum ang isang pangunahing pagbaba sa ibaba ng mga antas ng suporta na $ 1,600 at $ 1,540.  Ang presyo ay nakikipagkalakalan ngayon sa ibaba $ 1,600 at ang 100 oras-oras na simpleng paglipat ng average.  Nagkaroon ng pahinga sa ibaba ng isang pangunahing linya ng trend ng bullish na may suporta na malapit sa $ 1,570 sa oras-oras na tsart ng ETH / USD (data feed sa pamamagitan ng Kraken).  The pair must stay above the $1,500 support to avoid more losses in the near term.  Ethereum Trimmed Gains  Ethereum climbed above the $1,620 and $1,650 resistance levels. However, ETH failed to test the $1,700 resistance zone. A high was formed near the $1,686 level and there was a sharp bearish wave, similar to bitcoin.  The price declined below the $1,620 and $1,600 support levels. There was a break below a major bullish trend line with support near $1,570 on the hourly chart of ETH/USD. The pair even broke

2022-09-07Ethereum

Web2 and Web 3 Marketing- What is Different?

TeknolohiyaWeb2 at Web 3 Marketing- Ano ang Naiiba?09 / 07 / 2022Balita ng Ethereum ng Bitcoin  Long gone are the days when many considered marketing to be the odd advert in a magazine, billboard or in the midst of prime time television. The revolution of the interactive internet, also often known as Web2 – has changed the world of marketing forever, with Web3 looking to bring even more advancements into the world of marketing.  Web2 Marketing  Sa halos 5 bilyon social media users worldwide, Web2 marketing has never been more critical for brands in this competitive day and age. Meta (previously Facebook), which also owns Instagram and Whatsapp, has become the cornerstone of social media not only for many users worldwide but for brands too. The specific targeting of adverts on these platforms has changed the marketing world forever, giving business access to more consumer data than ever before.  Paano ito gumagana?  Meta Business Suite (previously known as Facebook Business Suite), allows small businesses to minimize their advertising costs by targeting specific groups of people based on a number of differing aspects such as their age, occupation, and location – going as far as collecting data on clients behavior, interests, events attended and more. In

2022-09-07Industriya

Shiba Inu Enjoys 8% Spike In Price In Last 7 Days, As SHIB Social Media Interaction Soars

TeknolohiyaNasisiyahan ang Shiba Inu ng 8% Pagtaas ng Presyo Sa Nakaraang 7 Araw, Habang Pumataas ang Pakikipag-ugnayan sa Social Media ng SHIB09 / 07 / 2022Balita ng Ethereum ng Bitcoin  Over the past week, Shiba Inu (SHIB) surged by 8%. In fact, even though the bearish market prevails, Shiba Inu is still performing at its peak.  SHIBs social metrics up by 1.43%  Despite Shiba Inus social dominance, ROI is down  SHIB whales on a shopping frenzy  Social media chatter provides that much needed oomph for Shiba Inu (SHIB), triggering a pump in prices. The amplified whale interest plus metaverse updates certainly gave SHIB that push.  The increased hype around SHIB could be because of the Whalestats anouncement via a tweet stating that SHIB was able to outperform other meme coins and is now on the top rank or first in terms of tokens that are held by the top 500 ETH whales.  SHIB Enjoying A Pump In Social Media Metrics  Amazingly enough, SHIB has also registered a spike of 8% in terms of social mentions plus a 10% surge in social engagements. Overall, social media sentiment circling SHIB has been positive all throughout.  The chart shows that there is a market volatility seen in terms of SHIBs social dominance

2022-09-07Industriya
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