Pinakabagong Balita sa Crypto at Market Updates

Low Volume Rally Hints Another Reversal in Ethereum - BitcoinEthereumNews.com

Pinagmulan-Tradingview　　Mula noong nakaraang buwan, ETH/USDT pares has showcased a textbook example of the consolidation phase, wobbling between $1275 and $1000. The altcoin has thrice tested either side of the barriers indicating aggressive buying and selling on both ends.　　Such range-bound rallies serve two purposes: a short break period before the prevailing trend continues or a kickstart of a new reversal rally. Furthermore, this technical set-up with steady barriers gives an excellent entry opportunity.　　On July 13th, the ETH price rebounded from the $1000 psychological support with a bullish engulfing candle. The bullish reversal surged 18.3% in just three days, approaching the $1250-$1275 supply zone.　　However, this recovery rally backed by decreasing volume indicates losing bullish momentum as the ETH price nears the overhead resistance.　　Thus, the expected reversal would continue the consolidation phase for a few more sessions and undermine the recent recovery with a downfall back to $1000.　　On a contrary note, if the buyers manage to surpass the overhead resistance, the ETH price would acquire a higher footing to bolster a recovery rally to $1400 resistance.　　Teknikal na tagapagpahiwatig-　　Tagapahiwatig ng Bollinger Band: the indicators upper and lower band is significantly aligned with the range barriers, offering additional weightage for these levels. Thus, a genuine

2022-07-16Ethereum

Ethereum Re-Distribution On the Horizon, ETH Price Primed to Plunge 35% Soon! - BitcoinEthereumNews.com

No doubt the prices may gain significant bullish momentum and head close to $1270, but the bears are likely to push the prices lower. The asset is expected to get rejected just below $1300 as S/R was re-tested and produced weak bounces.　　A final bounce is possible before a new dump where a noteworthy sequence of lower highs may be set in place. Therefore, a plunge of 30% to 35% correction is much possible next in the upcoming days.　　The correction may carry on for 4 to 8 weeks in July and August 2022, with a final target for the bears could be around $850 to $900. The Ethereum (ETH) price pattern currently displays a minor upswing but the asset could face rejection soon.　　Mainly due to this reason, the MACD displays ease in the buying volume. On the other hand, RSI in the long-term is climbing and hence one can expect an interim jump until the weekend.

2022-07-16Ethereum

Analyst Reveals Crucial Levels For Bitcoin And Ethereum Amid A Tumultuous Market - BitcoinEthereumNews.com

Bitcoin EthereumInihayag ng Analyst ang Mga Mahalagang Antas Para sa Bitcoin At Ethereum Sa gitna ng Magulong Market07 / 15 / 2022Balita ng Ethereum ng Bitcoin　　One of the popular crypto analysts, Michael van de Poppe, has analyzed the top two virtual currencies as they strive to hold on to their support level.　　Michael informs his 616,200 Twitter fanbase that for Ethereum, $950 is the lowest support level and also says that the lead altcoin might soon surpass $1,140 to hit $1,500.　　The analyst explains that its a crucial time for Ethereum. Though Ethereum is currently unstable, the ETH/USD pair is not doing as bad. Therefore, he predicts that if Ethereum successfully overtakes $1,140, the journey towards $1,400 and eventually $1,500 will be possible.　　At the moment, Ethereum is trading at $1,212 with a surge of 10.57% in the last 24hrs.　　Presyo ng Bitcoin Upang Pumatok sa $30,000？　　The next currency the strategist talks about is Bitcoin, the worlds first cryptocurrency. According to him, though the global cryptocurrency market is yet to be pulled back, the recent capitulation phase was worsened by the Terra (LUNA) and Celsius (CEL) collapse.　　As per the expert, for Bitcoin to capture the $30,000 level, it has to surpass the $22,000 resistance

2022-07-15Ethereum

Ethereum Merge Date Released, Heres When - BitcoinEthereumNews.com

Arman Shirinyan　　Long-awaited update will be delivered in September, after another series of test launches　　Ayon sa data Nagbahagi by the founder of Week in Eth news, Evan Van Ness, Ethereums Merge is scheduled for September 19 alongside a variety of testnet naglulunsad.　　Previously, the same account assumed that Ethereum would switch to the new update at the end of September. It included an important disclaimer that the update might be delivered with a slight delay or ‌faster than expected, considering the decentralized nature of the updates on the network.　　Merge scheduled for mid to late September https://t.co/r9SsxeEIV5 pic.twitter.com/z2nZttCvZ2　　- Evan Van Ness ???????? (@evan_van_ness) Hulyo 14, 2022　　In the list of releases, users expect the arrival of Goerli/Prater clients on July 27 and 28, the Merge update on Goerli testnet on August 11 and the Bellatrix update in early September that will switch the PoW off and make Ethereum ready for the Merge implementation on September 19.　　What is Ethereum Merge？ Quick rundown　　The Merge is one of the most anticipated and important updates in the history of Ethereum as it will change the course of the networks development and make a full transition to proof of stake, leaving the outdated proof-of-work algorithm behind.　　Ads　　The upgrade represents the

2022-07-15Ethereum

Avalanche Notches Solid Mid-Week Bounce - BitcoinEthereumNews.com

Image: The Coin Republic　　If this performance continues over the following two weeks, a minor uptick can be anticipated before resistance materializes.　　The AVAX price has transformed the $18.26 barrier into a support base, together with the 50 and 200 Exponential Moving Averages. These factors are crucial for determining the future direction of Avalanche.　　Avalanche Seen Retesting $21 Level　　Provided the price of the token bounces off this level, investors can anticipate a 10% increase to retest the 200 four-hour moving average at $20.01. If buyers persist and overcome the aforementioned level, Avalanche will retest the $21.47 barrier.　　AVAX reached a low of $16.37 on Wednesday before the bulls reclaimed the drivers seat. The token traded around $18.20 on the day after facing some resistance because of sale pressure close to the 50 percent level of the relative strength index.　　The token traded around $18.20 on the day after facing some resistance because of sale pressure close to the 50 percent level of the relative strength index. Since Wednesday, the Money Flow Index (MFI) for the altcoin has indicated substantial accumulation.　　AVAX kabuuang market cap sa $5.6 bilyon sa pang-araw-araw na tsart | Pinagmulan: TradingView.comAvalanche TVL In DeFi Increases　　Meanwhile, Avalanches Total Value Locked for the second quarter

2022-07-15Industriya

Ethereum L2 exchange DeversiFi transforms into multi-chain gateway rhino.fi » CryptoNinjas - BitcoinEthereumNews.com

EthereumEthereum L2 exchange DeversiFi transforms into multi-chain gateway rhino.fi » CryptoNinjas07 / 14 / 2022Balita ng Ethereum ng Bitcoin　　DeversiFi, the first exchange to integrate StarkWares ZK-STARK technology, is the next dApp to move beyond its exclusive affiliation with Starkware and Ethereum and is transforming into rhino.fi, a gateway to DeFi, offering users frictionless access to the multi-chain world from a single app.　　With an expanded focus, rhino.fi will include other blockchains including BNB, Avalanche, and Arbitrum; Ethereum layer-2 (L2) Optimism; and will be conected with the Cosmos and Polkadot ecosystems.　　likuran　　crypto derivatives exchange dYdX, currently built on Starkware, recently anounced that it will leave Ethereum and launch its own blockchain within the Cosmos ecosystem.　　As rhino.fi (previously DeversiFi) expresses its necessity to expand to ecosystems outside of Ethereum, it is clear that L2 networks like StarkWare are battling against fierce competition from alternative layer-1 (L1) chains that have increased in popularity.　　The recent emergence of new L1s like Solana and Avalanche, and Ethereum L2s like Starkware and Optimism, has created greater choice for users. However, this has led to fragmented and complex user experiences causing a severe lack of high-quality solutions conecting these isolated ecosystems and hindering mainstream adoption.　　“We‘ve spent the last 2.5 years

2022-07-15Ethereum

Bitcoin Mining Difficulty Adjusts Downward For Second Time In A Row - BitcoinEthereumNews.com

BitcoinBitcoin Mining Difficulty Adjusts Downward For Second Time In A Row07 / 14 / 2022Balita ng Ethereum ng Bitcoin　　Bitcoin mining difficulty has been adjusting for a while now. With the hashrate falling as more miners go offline due to declining profitability, mining difficulty has been following pretty much the same trend. However, instead of falling the trend that was persistent through the last two months, the difficulty has been adjusting downward instead.　　Mining Difficulty Declines　　Instead of difficulty rising as expected, it is declining. After miners saw their cash flow fall over the last couple of months, they have been hard-fought to keep their activities going. The blocks per hour being produced had declined with it given the decreased hashrate.　　Mga Kaugnay na Pagbabasa | Narito ang Ilang Kaganapan na Tumuturo sa Higit pang Pagbaba sa Mga Presyo ng Crypto　　The bitcoin mining hashrate had actually touched a new all-time high back in June. But that would be short-lived given the decline in July. Presently, the block production per hour comes out to 5.70, down 7.71% from the previous weeks production rate of 6.18 blocks per hour. As a result, there has been another downward difficulty adjustment, marking two downward adjustments in a row.

2022-07-15Bitcoin

Ethereum: Expect this from ETH after the low volatility phase - BitcoinEthereumNews.com

EthereumEthereum: Expect this from ETH after the low volatility phase07 / 14 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum [ETH] insisted on its sideways momentum while its market consolidated over the last month. Post the bearish flag breakdown, buyers have not been able to break the bonds of the daily 20 EMA (red) resistance.　　Further, the trendline resistance (white, dashed) has kept the alts peaks under bearish control for over three months.　　Should the current candlestick see a robust close below the $1,045 support, ETH could eye an extended downside in the coming sessions. Any rebound from this level would likely continue the squeeze phase before an explosive break. At press time, the alt was trading at $1,222.5, up by 3.47% in the last 24 hours.　　ETH Araw-araw na Tsart　　ETHs long-term trendline resistance has reliably rebutted the buying efforts by keeping them under a strong check for over three months. Also, the 20 EMA (red) has maintained its resistance and exhibited a bearish influence.　　The coin lost nearly 70% of its value over the last few months (since early May). As a result, the alt gravitated toward its 17-month low on 18 June. Since then, the king alt has been consolidating in the $1,232-$1,045 range.　　Should

2022-07-15Ethereum

GameStop NFT Marketplace Launches Beta, Nearly Doubles Total Coinbase NFT Ethereum Sales in Just Two Days - BitcoinEthereumNews.com

Ethereum Mga NFTGameStop NFT Marketplace Launches Beta, Nearly Doubles Total Coinbase NFT Ethereum Sales in Just Two Days07 / 14 / 2022Balita ng Ethereum ng Bitcoin　　Retail giant GameStop is launching the beta version of its non-fungible token (NFT) marketplace, already outpacing one prominent competitor.　　Though GameStop released its NFT marketplace just two days ago, it has already nearly doubled the total amount of Ethereum (ETH) NFT sold over Coinbases NFT marketplace, which launched months ago.　　Ayon sa data from GameStop, its NFT marketplace has so far seen over 3,000 ETH in trading volume, worth about $3.4 million at time of writing.　　Statistics from crypto data provider Dune Analytics reveals that Coinbase‘s NFT marketplace in contrast isn’t doing so hot.　　Since it launched in May, Coinbases digital collectibles store has hauled in about 1,700 ETH worth of trading volume, valued at about $1.8 million at time of writing.　　In comparison, OpenSea, the worlds largest NFT marketplace, so far has sa ibabaw $4 million in ETH trading volume today alone.　　The video game giant initially anounced its plans to lumikha an NFT marketplace in February, partnering up with Ethereum-based layer 2 scaling solution Immutable X (IMX).　　In March, GameStop also anunsyado they would partner up with Loopring (LRC), another

2022-07-15Ethereum

Bit Digital mined no ETH in June - BitcoinEthereumNews.com

EthereumBit Digital mined no ETH in June07 / 14 / 2022Balita ng Ethereum ng Bitcoin　　Bit Digital mined 67.6 bitcoin (up 26.6% month-over-month) and no ether in June.　　As of June 30, the company held 860.7 BTC and 313.6 ETH in its treasury, according to an operational update published Tuesday.　　Bit Digital had mined 27 ETH in May and 77.32 the month before that. As of May 31, the company had anounced that it had zero Ethereum miners deployed.　　The company owns 38,135 bitcoin miners and 731 Ethereum miners, which together make up a total hash rate of 2.7 exahashes per second (EH/s) and 0.3 TH/s, respectively. However, only a part of this fleet has been deployed.　　As of July 3, 1.06 EH/s in bitcoin mining had been deployed, partly due to the completion of a hash rate swap agreement with Riot and a hosting deal with Coinmint.　　© 2022 Ang Block Crypto, Inc. Lahat ng Karapatan ay Nakareserba. Ang artikulong ito ay ibinigay para sa mga layuning pang-impormasyon lamang. Hindi ito inaalok o inilaan upang magamit bilang ligal, buwis, pamumuhunan, pinansiyal, o iba pang payo.　　Tungkol sa May-akda　　Si Catarina ay isang reporter para sa The Block na nakabase sa New York City. Bago sumali sa team,

2022-07-15Ethereum

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