Circles USDC Will Fully Support Ethereums Proof-of-Stake Over A Proof-of-Work Fork - BitcoinEthereumNews.com

EthereumGanap na Susuportahan ng USDC ng Circle ang Proof-of-Stake ng Ethereum sa Isang Proof-of-Work Fork08 / 10 / 2022Balita ng Ethereum ng Bitcoin  anunsyo  Circle says it will fully support Ethereums transition to Proof-of-Stake amid reports of a fork.  The stablecoin issuer says supporting the Merge means the firm is doing the “right thing.”  Tether had disclosed support for Ethereums PoS transition over the weekend, fueling speculation that more stablecoin providers might toe the same path.  Ethereum is staring at another schism in the network as it inches toward transitioning to the PoS consensus mechanism. Stablecoin companies pitch their tents with the planed transition while other entities push for a hard fork.  Circle will support PoS  Circle, the issuer of the USDC stablecoin, has cleared speculation regarding its stance on Ethereum‘s incoming Merge. The company anounced that it will wholeheartedly support Ethereum’s switch to PoS on grounds that it is the logical step for the network.  “We understand the responsibility we have for the Ethereum ecosystem and businesses, developers, and end users that depend on USDC, and we intend to do the right thing,” Circles anouncement said.  Ethereums pagsamahin is expected on September 19th, and ahead of the event, tongues are already wagging over the future of the network.

2022-08-11Ethereum

Ethereum Price Primed to Drop to $1300 While Bitcoin Flashes A Buy Signal - BitcoinEthereumNews.com

Therefore, the probability of the RSI facing rejection is pretty high, dragging the price lower. However, if the levels surpass the key resistance, then the bearish narrative may be invalidated. On the other hand, the analyst sees a buy signal at key support with the Presyo ng BTC as a sequential indicator that turns bullish.  However, the lower support at $23,890 should be closely watched as a 4-hour candle stick above these levels may trigger a huge upward trajectory towards the next target. On the contrary, a steep correction below these levels can trigger a steep correction.  Collectively, the upcoming couple of days could be extremely crucial for the entire crypto space as the top 2 cryptos currently remain pretty uncertain. However, Bitcoins (BTC) price could settle within the bullish range with a daily close above $24,800.

2022-08-11Ethereum

Billionaire Mike Novogratz says Merge enthusiasm will ‘continue to draw money into Ethereum’ - BitcoinEthereumNews.com

EthereumBillionaire Mike Novogratz says Merge enthusiasm will ‘continue to draw money into Ethereum’08 / 10 / 2022Balita ng Ethereum ng Bitcoin  Isa sa mga merkado ng cryptocurrency most ardent supporters has shared his opinions on the future of the markets second-largest asset, Ethereum (ETH), as the digital assets shifts from the Proof-of-Work (PoW) to the Proof-of-Stake (PoS) algorithm.  Nakikipag-usap sa CNBCs Squawk Box on August 10, Mike Novogratz, the CEO of cryptocurrency investment firm Galaxy Digital, nagsiwalat that he currently considers Ethereum his highest conviction crypto trade due to the imminent Pagsamahin mag-upgrade.  “It‘s moved a lot, but this Merge is a big deal it takes the supply of mining that used to constantly sell and actually locks it up in what we call Hodlers and long-term contracts, so you’re going to see the supply-demand imbalance in Ethereum really shift.”  Siya idinagdag:  “Prices are always set on the margin so I think that was the enthusiasm that this Merge finally happening is going to continue to draw money into Ethereum.”  Pagsamahin ang pag-upgrade  Notably, Ethereum has taken the top trending crypto spot on August 10 as the upcoming Merge nears, while also recently ETH futures trading volume reached a 3-month high ahead of the upgrade.  Notably, since the

2022-08-10Ethereum

Crypto Market Update for August 10th - Bitcoin and Ethereum Prices Hold Support, Coinbase Q2 Earnings Report Reveals $1.1B in Losses - BitcoinEthereumNews.com

Bitcoin crypto EthereumCrypto Market Update for August 10th – Bitcoin and Ethereum Prices Hold Support, Coinbase Q2 Earnings Report Reveals $1.1B in Losses08 / 10 / 2022Balita ng Ethereum ng Bitcoin  Cryptocurrency markets are showing signs of life this Wednesday as Bitcoin and Ethereum manage to hold support and register single-digit percent gains. Bitcoin is trading at $24.1k, and Ethereum is up at the $1.8k level, approaching 50% of BTC‘s market capitalization. Today’s big news is Coinbases Q2 earnings report which revealed the company lost over $1.1 billion last quarter.  Bitcoin and Ethereum Prices Show Bullish Momentum  This week has been bullish for both Bitcoin and Ethereum prices. Bitcoin‘s price managed to hold through yesterday’s correction to the $23k support level and is rising again this morning, up 3.59% in the past 24 hours, trading at $24.1k. The 24-hour trading volume for Bitcoin is also increasing, up 13% in the past day.  When it comes to Ethereum, it‘s amplifying Bitcoin’s movements, with a 24-hour gain of 9% and an increase in today‘s trading volume of 20%. Ethereum’s market capitalization of $222 billion is approaching half of Bitcoins $506 billion market cap, as ETHUSD manages to outperform BTCUSD daily.  Coinbase Q2 Earnings Report Reveals $1.1B in

2022-08-10Ethereum

Tether Supports The Merge Upgrade On Ethereum, USDT Issuer Announces.  - BitcoinEthereumNews.com

EthereumSinusuportahan ng Tether ang Pagsama-samang Pag-upgrade Sa Ethereum, Inanunsyo ng Nag-isyu ng USDT. 08 / 10 / 2022Balita ng Ethereum ng Bitcoin  Most anticipated Ethereum received support from yet another popular sector within crypto space. Reports are that several stablecoin issuers anounced their intentions to back ‘The Merge’. Stablecoin issuers include prominent names including Tether (USDT) and Circle (USDC), the top stablecoins within the crypto space.  On Tuesday, August 9th, 2022, panuga published a blog post anouncing their support for the merge upgrade on Ethereum. The post titled ‘USDT Supports Ethereum Proof-of-Stake Transition’ explains the motive behind their support. It noted that Ethereum is coming close towards the blockchain historys one of the most significant instances, while transitioning from proof-of-work to proof-of-stake.  In the blogpost, Tether explained their belief towards ensuring any disruption to the community should be avoided. It becomes more important for stablecoin issuer given their tokens used in different decentralized finance (defi) projects and platforms. The transition of Ethereum from PoW to PoS should not become a threat that could cause confusion and anyhow harm the ecosystem.  According to Tether, their concern for the community makes it important for them to look over the highly awaited event on the network. The

2022-08-10Ethereum

What happens to $ETH after the merge on 19 September? - BitcoinEthereumNews.com

EthereumAno ang mangyayari sa $ETH pagkatapos ng pagsasama noong Setyembre 19?08 / 10 / 2022Balita ng Ethereum ng Bitcoin  Ethereum merge is one of the biggest events in the crypto market that is expected to have lasting impacts. It is evident from the fluctuations in the value of $ETH as it went through changes with the news of the merge. Its value saw a considerable increase as the investors remained bullish on it because of the possible benefits. The impacts of the Ethereum merge will be vast because of the large number of protocols and DApps based on Ethereum.  The integration aims to make Ethereum more efficient, scalable, and sustainable. The recent few months brought many blockchain companies into a tumbling state because of the upsetting losses. The merge will upgrade Ethereums system and shift to a new system that will bring ease and other benefits to the users.  Here is a brief overview of the Ethereum merge and how it will impact the market of $ETH.  What is Ethereum merge?  Ethereum merge, as said above, is the transition of the Ethereum blockchain from Proof of Work to Proof of Stake. It is a complex multi-step process that has faced impediments multiple times due to

2022-08-10Ethereum

Susuportahan ng Tether at Circle ang Proof of Stake ng Ethereum - BitcoinEthereumNews.com

Sa kabila ng mga pagsisikap, may mga patuloy na umaasa sa PoW ng EthereumAng ilan ay patuloy na susuportahan ang Ethereums Proof of Work  Sa kabila ng mahahalagang paninindigan na ito, marami pa rin ang naniniwala na ang Proof of Work ay makakaligtas sa anumang paraan sa pag-update ng Merge. Ang cryptocurrency hedge fund, Galois Capital, ay nagbahagi ng isang survey noong Agosto 1 kung saan higit sa 33% ng mga respondente sinabi nilang inaasahan nilang hahatiin ang Ethereum sa Dalawang kadena.  Gayunpaman, bilang Vitalik Buterin sinabi rin kamakailan sa isang kaganapan sa Seoul, malabong hindi magkakaroon ng pangmatagalang pag-aampon ang PoS, tulad ng malabong malamang na ang mga pagtatangkang ito na panatilihing buhay muli ang lumang sistema ng pinagkasunduan ay magiging matagumpay sa katamtaman hanggang mahabang panahon.  Ang pag-update ng Merge ay nagkaroon ng napakahabang paglalakbay, dahil nagsimula ang proyekto noong Disyembre 2020, at pagkatapos ng ilang mga pagpapaliban, ito ay dapat na handa na para sa paglulunsad sa Hunyo 2022. Ngunit ang isang problemang naranasan ng mga developer sa panahon ng pinakabagong pagsubok ay humantong sa isang karagdagang pagkaantala , na humahantong sa 19 Setyembre na tinutukoy bilang ang opisyal na paglulunsad petsa.

2022-08-10Ethereum

Circle Announces Full Support To Upcoming ETH Merge - BitcoinEthereumNews.com

Altcoin News  Chinese Ethereum miner Chandler Guo has been the driving force behind the movement.  The ETHPOW coin would be created as a result of the proposed fork.  During the much-anticipated merging ceremony scheduled for September 19, the stablecoin provider Bilog declared its plans to fully support Ethereums switch to a proof-of-stake (PoS) chain. There is presently a total of $54.2 billion in market value for the firms stablecoin USDC. There is rising conjecture that the merging event may also lead to another Ethereum fork, keeping the mining-intensive PoW consensus method alive.  Basahin ang anunsyo:  “We understand the responsibility we have for the Ethereum ecosystem and businesses, developers and end users that depend on USDC, and we intend to do the right thing.”  Miners at Significant Loss  Validators, or people who put 32 Ethereum into the network to ensure the validity of transactions, will replace miners after the merger. Thus, any Ethereum mining organization with a large quantity of hardware would be rendered useless.  Chinese Ethereum miner Chandler Guo has been the driving force behind this movement, according to a recent Twitter message from the influential Chinese miner. The ETHPOW coin would be created as a result of the proposed fork.  Circles anouncement further read:  “While we don‘t speculate on

2022-08-10Ethereum

What the fork? Ethereums potential forked ETHW token is trading under $100 - BitcoinEthereumNews.com

ETHW/USD hourly price chart. Source: MEXC GlobalMabubuhay ba ang ETHPoW?  ethw/usd 每小时价格图表。资料来源:mexc global ethpow 会生存吗?  Forked chains seldom survive, mainly due to a lack of support from app developers, miners and promoters. Nonetheless, some projects have witnessed reasonable adoption by users and miners alike (e.g. Bitcoin Cash, Ethereum Classic).  分叉链很少能存活下来,主要是因为缺乏应用开发者、矿工和推广者的支持。尽管如此,一些项目已经见证了用户和矿工的合理采用(例如比特币现金、以太坊经典)。  Notably, Hongcai “Chandler” Guo, a San Francisco-based angel investor in Bitcoin and Ethereum startups, has emerged as the main backer of ETHPoW. He claim he has a team of 60 developers working on getting rid of the so-called “hirap na bomba,” a software tool designed to force the PoW-to-PoS transition.  值得注意的是,旧金山比特币和以太坊初创公司的天使投资人郭宏才已经成为 ethpow 的主要支持者。他声称他拥有一个由 60 名开发人员组成的团队,致力于摆脱所谓的“hirap na bomba”,这是一种旨在强制 pow 到 pos 过渡的软件工具。  Nauugnay: Tumugon ang co-founder ng F2Pool sa mga paratang na dinadaya nito ang Ethereum POW system  相关:f2pool 联合创始人回应有关其欺骗以太坊 pow 系统的指控  On the other hand, Ethereum co-founder Vitalik Buterin tinatawag fork supporters “a couple of outsiders” that own crypto exchanges and “want to make a quick buck.”  另一方面,以太坊联合创始人 vitalik buterin 称分叉支持者是“几个局外人”,他们拥有加密货币交易所并“想快速赚钱”。  He reasserted that Ethereum miners already have a PoW alternative in Ethereum Classic, the original version of Ethereum, noting that it has “a superior community and superior product for people pro-proof-of-work.”  他重申,以太坊矿工已经在以太坊的原始版本 ethereum classic 中拥有 pow 替代方案,并指出它“为人们提供了一个优秀的社区和优秀的工作证明产品”。  $ ETC is the original chain. $ ETH is a fork. And $ETHW is

2022-08-10Ethereum

TA- My Neighbor Alice Could Be Set For A Major Bounce - BitcoinEthereumNews.com

Weekly Price Chart Analysis For ALICE | Source: ALICEUSDT On Tradingview.com  From the chart, the price of ALICE saw a weekly low of around $1.9, which bounced from that area and continued in a range of $1.9 -$3.  Ang presyo ay nakabuo ng higit na momentum habang nahaharap ito sa paglaban sa $3.  If the price of ALICE on the weekly chart continues with this bullish structure, it could quickly hit the $5 mark.  The volume shows decent buy bids, pushing the price of ALICE higher.  Weekly resistance for the price of ALICE – $3.  Daily Price Chart Analysis For ALICE | Source: ALICEUSDT On Tradingview.com  The price of ALICE found strong support at around $1.92, with what seems to be an area of interest on the daily chart.  ALICE bounced from its support, forming a ranging chanel between prices $1.92 – $3.2 with more buy bids lately.  At the point of writing, the price of ALICE is at $2.72, trying to break out of the chanel faced with resistance of $3.2 and trading above the 50 exponential moving averages (EMA), which corresponds to the resistance at $2.65.  If the ALICE price fails to break the chanel and falls below the 50 EMA region, $1,92 would be a good support

2022-08-10Industriya
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