Exploring MATICs long-term potential post Ethereum Merge - BitcoinEthereumNews.com

EthereumPaggalugad sa pangmatagalang potensyal na post ng MATIC na Ethereum Merge08 / 05 / 2022Balita ng Ethereum ng Bitcoin  Ethereums Merge date is days away and the countdown has many people wondering about the fate of layer-2 scaling solutions.  You may have noticed Ethereum-associated cryptocurrencies and tokens such as MATIC are up substantially in the last few weeks.  However, the move to proof of stake will solve some of the scalability issues associated with Ethereum, thus the curiosity about the future of L2s.  Polygon is one of the layer-2 solutions whose future might be at stake due to the Merge.  However, that will most likely not be the case.  Narito kung bakit  Although one of Polygons benefits is the rapid transaction count which is miles ahead of the Ethereum mainet. Even so, Polygon also provides significantly lower fees.  Congestion and high ETH prices are the main reasons for expensive mainet fees.  ETHs price has gone up ahead of the Merge and will likely continue rallying. This means the transition to the PoS (Proof of Stake) consensus mechanism will do little to lower gas fees.  Polygon and other layer-2 solutions will continue operating to provide lower fees, hence MATIC will still be in demand.  Nevertheless, there is more to Polygon than meets

2022-08-05Ethereum

Ethereum, Ripple, Cardano, Solana, at Ethereum Classic - BitcoinEthereumNews.com

EthereumEthereum, Ripple, Cardano, Solana, at Ethereum Classic08 / 05 / 2022Balita ng Ethereum ng Bitcoin  Sa linggong ito, mas malapitan nating tingnan ang Ethereum, Ripple, Cardano, Solana, at Ethereum Classic.  Ethereum (ETH)  Pagkatapos ng isang makabuluhang rally, ang Ethereum ay tila nakahanap ng isang lokal na tuktok sa itaas ng $1700, na sa ngayon ay kumilos bilang malakas na pagtutol. Ang presyo ay hindi nagawang lumampas sa antas na ito at bumaba ng 3.4% sa nakalipas na pitong araw. Ang pangunahing suporta ay matatagpuan sa $1,400.  Sa kabila ng patuloy na pag-pullback, pinamamahalaan pa rin ng Ethereum ang isang napakalakas na pagganap mula noong nasa ibaba noong Hunyo. Kahit na ang presyo ay bumaba sa pangunahing suporta, ang inaasahan ay ang mga mamimili ay babalik sa merkado at susubukan ang isang breakout na lampas sa $1,700. Ang pangunahing suporta sa $1,400 ay maaaring kumilos bilang isang reversal point upang ma-trigger ang susunod na yugto para sa cryptocurrency.  Ang mga tagapagpahiwatig ay nagpapakita ng ilang kahinaan ngayon sa pang-araw-araw na takdang panahon, ngunit ang mga nagbebenta ay hindi masyadong nakakumbinsi. Ito ay nagpapakita na ang mga mamimili ay maaaring bumalik sa puwersa muli upang kunin ang ETH sa itaas ng kasalukuyang pagtutol at maging sa $2,000.  Tsart

2022-08-05Ethereum

Bitmex Founder Says He Is Willing To Sell Fiat For Ethereum, As ETH Is Trading 76% Below His Model Price of $2815 - BitcoinEthereumNews.com

BitMex and 100x leverage Founder Arthur Hayes Super Bullish On Ethereum As The Merge Edges Closer. Arthur Hayes says he is “MAX BIDDING” on Ether.  In his latest medium blog post, Arthur Hayes expressed very bullish sentiments on Ethereum, saying “MAX BIDDING Ether” and “MAX SELLING Fiat.”  According to Hayes, as of Thursday, Ethereum futures were grossly undervalued. For example, Hayes noted that the Deribit 31 March 2023 ETH/USD futures contract was trading at $1,587, 44% below his model future price of $2,815.  “If ETH is currently trading 76% cheaper vs. my model, then I am willing to sell fiat and purchase Ether today. I get an added bonus because I will receive equal tokens from any PoW Ether fork that appears.”  Hayes revealed that following this analysis, he purchased December 2022 options with a strike price of $3,000 as he is super bullish on the Ethereum merge. Consequently, the BitMex founder says he also has plans to add to his spot positions to maximize his Eth exposure and capitalize on lapses in market pricing.  Hayes believes that following the Ethereum merge, holders will not dump their holdings for a profit, “buy the rumor, sell the news” will not occur as the asset becomes deflationary.

2022-08-05Ethereum

Ethereum Eyes Fresh Surge As It Holds Key Uptrend Support - BitcoinEthereumNews.com

Source: ETHUSD sa TradingView.com  A clear move above the $1,680 level could start a steady increase to $1,750. If the bulls remain in action, the price may perhaps rise towards the $1,800 resistance zone.  Sariwang Decline sa ETH?  If ethereum fails to rise above the $1,670 resistance, it could start another bearish wave. An initial support on the downside is near the $1,620 zone and the 100 hourly simple moving average.  The next major support is near $1,580, below which there is a risk of a sharp decline. In the stated case, ether price may perhaps decline towards the $1,550 support. Any more losses might call for a test of the $1,500 level.  Teknikal na tagapagpahiwatig  Oras ng MACD - Ang MACD para sa ETH / USD ay nawawala ngayon ang momentum sa bullish zone.  Oras ng RSI - Ang RSI para sa ETH / USD ay nasa itaas na ngayon ng 50 antas.  Major Support Level - $ 1,580  Major Resistance Level - $ 1,670

2022-08-05Ethereum

Ethereum Might Surge to $5,000 if This Scenario Plays Out, Arthur Hayes Says - BitcoinEthereumNews.com

Alex Dovbnya  Former BitMEX CEO Arthur Hayes has outlined several scenarios for Etheruems post-merge price performance  Former BitMEX CEO Arthur Hayes shared his bullish outlook for Ethereum, the worlds second-largest cryptocurrency, in a recent blog post.  Hayes believes that the price of the cryptocurrency could skyrocket to as high as $5,000 after the merge if the transition to proof-of-stake ends up being a success and the U.S. Federal Reverse reverses its hawkish stance.  If there is no Fed pivot, Ether will still be able to reclaim the $3,500 level, according to Hayes.  Notably, Hayes believes that the much-anticipated event, which is expected to take place this September, is not actually priced in by the market. He is confident that it will not be a “buy the rumor, sell the news” event.  After the merge, Ethereum will become deflationary, which will make the cryptocurrency more scarce. The rate of deflation will keep increasing due to the growing popularity of decentralized finance (DeFi) applications.  Hayes used to be very critical of Ethereum. Back in 2018, he correctly predicted that the price of the token would plunge into double-digit territory.  However, Hayes then became a believer in 2020. The controversial entrepreneur believes that decentralized finance poses “a credible alternative” to the

2022-08-05Ethereum

Paano Makakaapekto ang Ethereum Merge sa mga Crypto Miners? - BitcoinEthereumNews.com

crypto EthereumPaano Makakaapekto ang Ethereum Merge sa mga Crypto Miners?08 / 05 / 2022Balita ng Ethereum ng Bitcoin  Kasunod ng Ethereum Merge, ang mga minero ng ETH ay maaaring mawalan ng trabaho. Samantala, ang mga minero ng Ethereum (ETH) ay nakapagtala ng mas mataas na kita kaysa sa mga minero ng Bitcoin (BTC) noong 2022. Sa kabila ng mga mapangwasak na epekto ng taglamig ng Crypto na napansin sa espasyo at ang tumataas na halaga ng kuryente, ang mga minero ng parehong mga asset ay hindi nagpaubaya.  Ang kita ng mga minero ng ETH ay $1B na mas mataas kaysa sa mga minero ng BTC ngayong taon  Bawat data from Arcane Research, ETH mining has generated a revenue of $11 billion this year, a little higher than the $10 billion BTC miners have seen in the same period. This pattern was noticed last year as well, when BTC mining saw a revenue of $17 billion – $1 billion less than the $18 billion ETH miners generated.  Bago ito, ang kita na nabuo mula sa pagmimina ng BTC ay patuloy na lumalampas sa pagmimina ng ETH. Ang pagliko ng mga kaganapang nasaksihan sa nakaraang taon at kalahati ay maaaring maiugnay sa lumalaking interes sa ETH

2022-08-05Ethereum

Euro-Denominated Bitcoin and Ethereum Futures to Be Launched by CME - BitcoinEthereumNews.com

Alex Dovbnya  CME Group is set to launch new cryptocurrency-linked products amid growing demand  Nakabase sa Chicago CME Group is on track to launch euro-denominated Bitcoin and Ethereum futures, according to a Thursday pahayag.  They will be launched in late August, the companys anouncement says.  Tim McCourt, senior managing director, global head of equity and FX products at CME Group, claims that the Europe, Middle East and Africa (EMEA) region represents nearly a third of the total trading volume for Bitcoin and Ether futures contracts.  McCourt claims that the current uncertainty creates more demand for additional risk management solutions.  The worlds largest futures exchange embraced Bitcoin back in December 2017. It has since emerged as a dominant force in the crypto market. According to data provided by cryptocurrency analytics firm Coinglass, CME is currently in fourth place by Bitcoin futures open interest (behind only Binance, OKex, and FTX).  In February 2021, the worlds leading derivatives marketplace also launched Ether futures. Notably, this coincided with the start of a major rally for the second-biggest cryptocurrency contrary to many expectations within the industry. Shortly after that, it launched micro-sized Bitcoin futures.  In March, the Chicago-based trading platform launched micro-sized Bitcoin and Ether options.

2022-08-05Ethereum

Best Ethereum Casino Sites (2022) TOP List Ranked By Gamblers - BitcoinEthereumNews.com

EthereumPinakamahusay na Mga Site ng Ethereum Casino (2022) TOP List Niraranggo Ng Mga Gambler08 / 05 / 2022Balita ng Ethereum ng Bitcoin  The ethereum casino is a new concept in the online gambling industry. The idea behind it is simple: it allows you to use your ethereum to gamble on different games.  The best ethereum casino sites offer a wide range of games, from classic slots and poker to more complex games like roulette and blackjack. Some even offer live dealer options where you can play against real people.  Online ethereum casinos also have one significant advantage over other casinos: they are entirely decentralized and 100% transparent because there‘s no central authority controlling them. This means that everything happens on the blockchain, so there’s no way for someone to cheat or steal your money.  Best Ethereum Casino Site  7bit Casino is one of the best ethereum casinos. If you are looking for a safe and secure casino ethereum, 7bitcasino is the right place. Crypto casinos are becoming increasingly popular in recent years, thanks to their convenience and security.  Ang pinakamahusay na bitcoin casino offers various games, including online slots. This ethereum casino site has been tested by independent third-party auditors and has received a certificate of

2022-08-05Ethereum

Sinabi ni Kevin OLeary na Nadoble Siya sa Crypto Sa gitna ng Pagbagsak, Pangalanan ang Bitcoin, Ethereum at Tatlong Altcoin - BitcoinEthereumNews.com

Bitcoin crypto EthereumSinabi ni Kevin OLeary na Nadoble Siya sa Crypto Sa gitna ng Pagbagsak, Pangalanan ang Bitcoin, Ethereum at Tatlong Altcoins08 / 05 / 2022Balita ng Ethereum ng Bitcoin  Ibinunyag ng Shark Tank star na si Kevin OLeary na sinamantala niya ang pagbagsak ng merkado upang idagdag sa kanyang mga crypto holdings.  Sa isang bagong panayam sa Stansberry Research, OLeary sabi ni na ang kanyang crypto portfolio ay dumanas ng double-digit na drawdown, ngunit kinuha niya iyon bilang isang pagkakataon upang bilhin ang pagbaba.  Natamaan kami. Kami ay nasa 20% [ng portfolio] at pagkatapos ay lumaki ito ng hanggang 23%. Pagkatapos ay bumaba ito sa 16% ng portfolio. Ito ay talagang pabagu-bago. Ngunit palagi kong sinasabi na makukuha mo ang pagkasumpungin na ito sa isang industriya na hindi kinokontrol dahil walang institusyonal na bid.  Kaya malamang sa mababang, kami ay nasa 15%. Nawala namin ang 40% ng halaga at ngayon ay bumalik kami sa ilang mga proyekto. At hindi pa sila bumalik sa parehong bilis.  Ang malalaking manlalaro, ang malalaking pangalan ng market cap tulad ng Bitcoin (BTC), tulad ng Ethereum (ETH), tulad ng Solana (SOL), tulad ng Polygon (MATIC), at Hedera (HBAR), sa ilang mga kaso, dinoble namin. Sinamantala namin ang matinding pagkasumpungin

2022-08-05Ethereum

Indian Watchdog Investigates WazirX, Robinhood Fined $30 Million, ETH Up By 1% – crypto.news - BitcoinEthereumNews.com

crypto EthereumInimbestigahan ng Indian Watchdog ang WazirX, Pinagmulta ng Robinhood ng $30 Milyon, Tumaas ng 1% ang ETH – crypto.news08 / 04 / 2022Balita ng Ethereum ng Bitcoin  India‘s Enforcement Directorate is investigating the crypto exchange firm, WazirX for breaking regulations. Meanwhile, the Robinhood exchange has received a fine of $30 million from New York’s financial watchdog. Also, Ethereum has increased by 1% in the last 24 hours.  WazirX Accused Of Money Laundering In India  According to India‘s Minister of State for Finance, Pankaj Chaudhary, the country’s ED (Directorate of Enforcement), is investigating WazirX Exchange. The regulatory authority is investigating the exchange under the Foreign Exchange Management Act, 1999 (FEMA).  The agency is investigating the firm in two cases. The first case investigation unveiled that an Indian exchange platform, WazirX, was using Binance exchange infrastructure.  Meanwhile, Zanmai Labs is the company operating the WazirX platform. Additionally, Chaudhary stated that the cryptocurrency transactions between both exchanges were not recorded.  The total transaction is worth over Rs 2,790 crore, about $350 million. In the second case, the agency investigates WazirX for flouting forex regulations.  New Yorks DFS Impose $30 Million Fine On Robinhood Exchange  Adriene Harris, the Superintendent of New Yorks DFS (the Department of Financial Services), has imposed a

2022-08-05Ethereum
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