Ocean Protocol (OCEAN) Naghahanap ng Pagbabalik: Magtagumpay kaya ang Bulls?

Ocean Protocol (OCEAN) Naghahanap ng Pagbabalik: Magtagumpay kaya ang Bulls?  Ang Ocean Protocol (OCEAN) glimpsed a simetriko tatsulok na pattern and is ready for an up move. However, bulls need to cross the prompt trendline hurdle of $1, which might lead to a sharp surge.  Meanwhile, sellers have made a strong grip near the round mark of $1 and decisively secured the zone. However, the sentiments have flipped, and a rebound from the 200-day EMA was noted in the last sessions.  Sa oras ng pag-uusap, OCEAN na-trade sa $0.9317 na may intraday drop na 1.10%, na sumasalamin sa neutralidad sa mga chart. Ito ay may buwanang return ratio na -13.20% at 171.89% taun-taon.  The pair of OCEAN/BTC is at 0.0000152 BTC, and the market cap is $1.65 Billion. Analysts are neutral and suggest that the OCEAN price may see a pullback ahead and will gain momentum in the upcoming sessions.  $1 Mark Reachable? Price Action Outlook  Ang Ocean Protocol charts articulate that the upward trendline and the 200-day EMA provide downside support, which may not be breached further. On the higher side, the $1 mark is the challenge for the bulls to cross.  This month, the price action hints at the buyer accumulation and recovery from the

2024-05-12Industriya

8 Balyena Makakuha ng $3.5M sa Mga Nadagdag sa $TRB pagkatapos ng 100% Presyo ng Pagtaas

8 Balyena Makakuha ng $3.5M sa Mga Nadagdag sa $TRB pagkatapos ng 100% Presyo ng Pagtaas  The recent altcoin sprees have made significant gains for crypto investors. In this respect, SpotOnChain, a famous on-chain analytics provider, has pointed out 8 whales that obtained massive gains with $TRB tokens. The platform disclosed on its X account that this event took place after the token saw a huge price spike.  8 Whales See $3.5M in Gains Following a 100% Price Rise  In its recent post, SpotOnChain noted that the 8 giant investors leveraged the $TRB token to get profits. In line with the market statistics, the crypto coin went through a remarkable jump in terms of its price. As a result of this, TRB jumped by up to 100% in the previous week. The respective price rises played a significant role in increasing the benefits for the investors.  SpotOnChain brought to the front that the above-mentioned whales received enormous gains of up to $3.56 million. While providing details of the respective event, the platform disclosed the cumulative amount that the whales redeemed. SpotOnChain revealed that the crypto whales withdrew nearly 82,849 TRB tokens in total.  The Whales Get the Profit for Holding $TRB Tokens for Just 2

2024-05-12Industriya

BTC, ETH Price Analysis: Indicators Point to Suprising Movement

Balita ng Ethereum ng Bitcoin  BTC and ETH lost a considerable part of their values in the last seven days.  Bitcoins price might increase to $65,521 where the 1.618 golden ratio was situated.  Declining CMF suggests another ETH decrease before a bounce off the lows.  Bitcoin (BTC) and Ethereum (ETH) prices have failed to put up a good show in recent times. At press time, BTC changed hands at $60,967, ETH, on the other hand, lost its grip on $3,000 while trading at $2,914, according to CoinMarketCap.  With mid-month closing in, traders are concerned that the price would end May with a postive return or otherwise. Coin Edition looks at the possibility and price targets of BTC and ETH.  Pagsusuri sa Presyo ng BTC  According to the BTC/USD 4-hour chart, a bounce could be in place for the coin soon. This was shown by the Fibonacci indicator.  On the chart, the 0.236 Fib level was at $60,935, indicating that Bitcoin might reached its lowest pullback point. On the upside, the 1.618 golden ratio was at $65,521, meaning that the short-term target of the coin could be around this region.  However, a highly bullish scenario could send BTC to $74,213 as indicated by the 4.236 Fib level. But this might

2024-05-12Ethereum

Iginiit ni Mark Cuban na Pinapahina ng Mga Regulasyon ng SEC ang Crypto Industry, Nakakaapekto sa Bitcoin (BTC) at Ethereum (ETH)

Mark Cuban, an American entrepreneur and television personality, has recently criticized the Securities and Exchange Commission (SEC) for its regulatory policies on the crypto industry.  Cuban argues that the SECs enforcement regulation creates a destructive environment for crypto, hindering the growth and development of good crypto companies.  He further emphasizes that the SECs policies are not focused on protecting the community against fraudulent activities but rather on enforcing regulation.  Mark Cuban criticizes the SECs regulatory policies on the crypto industry, arguing that they create a destructive environment and hinder the growth of good crypto companies.  Mark Cuban‘s Criticism of SEC’s Regulatory Policies  Mark Cuban, known for his role on the television show Shark Tank and his ownership of the Dallas Mavericks, has been a vocal critic of the SEC‘s regulatory policies on the crypto industry. He asserts that the regulator’s enforcement regulation creates a destructive environment for crypto, hindering the growth and development of good crypto companies. Cuban believes that the SECs policies are not focused on protecting the community against fraudulent activities but rather on enforcing regulation.  The Need for Increased Compliance  In a recent post, Cuban shed light on the “destructive environment” created by the regulators. He stated, “They [SEC] have created a destructive environment

2024-05-12Ethereum

Ethereum (ETH) and Chainlink (LINK) Show Signs of Recovery as BlockDAG Claims High ROI Potential

Balita ng Ethereum ng Bitcoin  Ethereum (ETH) and Chainlink (LINK) are showing positive market movements, while BlockDAG (BDAG) is attracting investor interest with its seamless integration with Ethereum smart contracts and a successful pre-sale exceeding $24.6 million.  Despite uncertainties, BlockDAGs technical infrastructure and rapid rise in the crypto world are leaving competitors behind, raising questions about its future success.  Market analysts are closely watching the performance of these cryptocurrencies, and their potential impact on the broader financial landscape.  Explore the latest developments in the crypto market, with a focus on Ethereum, Chainlink, and the emerging BlockDAG. Understand their market movements, investor interest, and future potential.  Ethereum Shows Promising Signs of a Bull Market  Ethereum has seen a positive surge in market value, recently reaching the $3,300 mark. Technical indicators, primarily the Moving Average Convergence/Divergence (MACD), signal a bullish trend. Market analysis reveals a model of strength and potential growth, supported by significant purchases from investors like Justin Sun, suggesting Ethereum could lead an upcoming rally among altcoins. Despite some concerns about trading volumes, whale accumulation indicates a confident outlook for Ethereums price trajectory.  Chainlinks Market Position Strengthens  Chainlink is gaining momentum as market analysts highlight positive signs in its 12-hour chart, particularly a buy signal from the TD

2024-05-12Ethereum

Ethereum NFT Transaction Volume Plummets by 12.05% in Recent Week!

On the Ethereum network, NFT transaction volume reached US$41.75 million, marking a 12.05% decline month-on-month.  The dip in NFT transaction volume on both the Bitcoin and Ethereum chains indicates a cooling-off period following previous periods of heightened activity in the NFT space. Despite the slight downturn, these networks continue to play a significant role in facilitating NFT transactions, with Ethereum maintaining its position as a leading platform for NFT creation and trading.  Magbasa pa: Pangkalahatang-ideya ng Halalan sa US: Swing States, Coalitions, At 2024 Prospects  Solana Network Emerges as NFT Transaction Volume Surges  The Solana network witnessed a notable uptick in NFT transaction volume, reaching US$261.2 million, reflecting an 8.82% increase month-on-month. The surge in activity on the Solana network underscores its growing prominence as an alternative blockchain platform for NFTs, offering scalability and lower transaction fees compared to Ethereum.  The varying trends in NFT volume across different blockchain networks highlight the diverse landscape of the NFT market. While Ethereum remains a dominant player, other platforms like Solana are gaining traction due to their technical capabilities and ecosystem growth.  The recent fluctuations in NFT volume also reflect broader market dynamics and investor sentiment within the cryptocurrency space. As the NFT market continues to evolve, factors such

2024-05-12Ethereum

Hindi Makapag-recover ng Bitcoin nang Mapagpasya, Pinagsasama-sama ng Ethereum sa ibaba $3K (Weekend Watch)

The cryptocurrency market has calmed down considerably in the past 24 hours, halting the bearish assault and finding some consolidation in the process.  Bitcoins price is trading at around $61K on Sunday morning, while Ethereum is now firmly below the pivotal $3K level.  Are the Bitcoin Bulls Regrouping?  As reported yesterday, Bitcoins price experienced a sudden correction, dropping below $61K and losing around 3.5% in a single day.  This seemingly had to do with a statement from a representative of the US Federal Reserve, who said that it may be too early to think about rate cuts.  The market has calmed down since then, and it seems that the worst is behind us.  Pinagmulan: CoinGecko  The bulls even attempted a recovery, but it was quickly halted at around $61.4K when sellers stepped in and pushed the price to $61K, where it currently trades.  Its worth noting that despite the recent declines, the Fear and Greed index is still pointing out that the market is in a state of “greed.”  Altcoins Consolidate, Ethereum Below $3K  None of the major altcoins by means of total market capitalization has recovered from the crash the other day, but at least they are consolidating and charting ever so slight gains, as seen in the heatmap

2024-05-12Ethereum

NEAR Protocol (NEAR) Emerges as a Strong Contender Against Ethereum (ETH) in the Crypto World

Balita ng Ethereum ng Bitcoin  In the competitive landscape of cryptocurrency, NEAR Protocol emerges as a noteworthy contender to Ethereum, capturing the attention of both investors and market analysts.  Despite Ethereums strong position in the altcoin market, NEAR positions itself as a compelling alternative.  Recent insights from Jamie Coutts, a seasoned crypto analyst from the Real Vision team, have highlighted NEARs promising market indicators and potential for significant value increase.  NEAR Protocol, a rising star in the cryptocurrency market, is showing promising signs of growth and value increase, positioning itself as a strong competitor to Ethereum.  Market Performance and Analyst Predictions  Coutts has pointed out that NEAR exhibits a bullish trend in its fundamental market indicators. He predicts a potential surge in NEAR‘s value by over 47% from its current standing. This optimistic forecast is backed by technical patterns observed in the market, particularly the inverse head and shoulders formation, indicating a robust buying interest that could propel NEAR’s price upwards.  Technical Insights and User Growth  Further strengthening the bullish case for NEAR, Coutts noted its performance against other cryptocurrencies like Bitcoin and Solana, with positive relative price momentum. Additionally, a significant rise in daily active users on the NEAR platform compared to other smart contract platforms suggests

2024-05-12Ethereum

ARK, 21Shares strike staking feature from Ethereum ETF plans

ARK Invest and 21Shares have decided to remove the crypto staking feature from their Ethereum (ETH) exchange-traded fund (ETF) proposal.  Changes in staking plans, SECs response  The decision to eliminate staking from the ETF structure follows successful discussions with the U.S. securities regulator, leading to a transition to a cash creation and redemption model.  This shift signifies a significant strategic pivot from the previously considered in-kind redemption model, where non-monetary payments such as Ether were utilized.  Under the revised cash-creation model, ARK Invest and 21Shares will now purchase Ether corresponding to the order amount and deposit it with the custodian, facilitating the creation of ETF shares.  In a recent filing submitted on May 10, the section indicating that 21Shares would stake a portion of the funds assets through third-party providers was removed. Previously, it mentioned the possibility of staking through trusted providers.  In their Feb. 7 filing, the companies mentioned that 21Shares expected to receive ETH rewards for staking and intended to classify these earnings as income generated by the fund.  “Here we go again,” Eric Balchunas, a crypto analyst with Bloomberg, said on social media. “ARK/21Shares has just filed an amended S-1 for their spot Ether ETF, looks like they updated to be only cash creations

2024-05-12Ethereum

Pagsusuri ng presyo 5/10: BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA, AVAX, SHIB

Bitcoins failure to rise above the 20-day EMA increases the risk of a downward breakdown for BTC and many altcoins.  Bitcoin (BTC) continues searching for direction as the bears and the bulls battle it out for supremacy. Glassnode founders Jan Happel and Yana Allemann believe the price will resolve to the upside. They said in a X post that they expect Bitcoin to “BLOW higher.”  The uncertainty about the next directional move has not stopped purchases by the whales. Market intelligence firm Santiment said in a X post that whale wallets holding between 1,000 and 10,000 Bitcoin acquired roughly $941 million worth of Bitcoin in a 24-hour period.  Bitcoins long-term investors do not seem to be worried about the range-bound price action in the near term. In a recent interview with journalist Mike Solana, Twitter co-founder Jack Dorsey said that Bitcoin could skyrocket to at least $1 million by 2030 and even surpass the level from that point onward.

2024-05-12Ethereum
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