Pinakabagong Balita sa Crypto at Market Updates

Ethereum Struggles Amid ETF Delays and Market Uncertainty: Whats Next For ETH?

Ethereum　　Ethereum Struggles Amid ETF Delays and Market Uncertainty: Whats Next For ETH？　　Balita ng Ethereum ng Bitcoin　　Ethereum faces bearish market pressures following delays in the SECs approval of an Ethereum ETF, impacting trading activity.　　Despite a slight 2% rise over the past week, ETH experienced a price drop over the last 30 days.　　Ethereum is caught in a symmetric triangle pattern on the 4H chart.　　As the cryptocurrency market experiences heightened volatility, Ethereum, a leading altcoin, continues to wrestle with bearish sentiments. The delay in the U.S. Securities and Exchange Commissions (SEC) approval of the much-anticipated Ethereum ETF has exacerbated this downtrend, contributing to weak buying and selling pressures in the market.　　Ethereums Price Performance and Market Outlook　　Over the past week, ETH has managed a modest increase of 2%, yet it faces a 9% correction over the past 30 days. Despite these fluctuations, the Year-to-Date (YTD) returns for Ethereum stand at an encouraging +35.86%, indicating that long-term sentiment remains bullish within the industry.　　Ethereums price action has not been strong, as indicated by its formation of a symmetric triangle pattern within the 4-hour trading timeframe, suggesting a consolidation phase. Technical analysis from TradingView points towards a bearish sentiment this week, as reflected by the Cross EMA

2024-05-08Ethereum

Crypto Billionaire Joseph Lubin Says SEC’s Anti-Crypto Agenda To Have ‘Chilling Effect’ on Ethereum Users – Here’s Why

crypto Ethereum　　Crypto Billionaire Joseph Lubin Says SEC‘s Anti-Crypto Agenda To Have ’Chilling Effect‘ on Ethereum Users – Here’s Why　　Ethereum co-founder Joseph Lubin is issuing a warning about the U.S. Securities and Exchange Commission (SEC), saying the regulators current policies on crypto will have a lasting effect on the industry.　　In a new interview with Wired, Lubin says that if ETH is declared a security by the SEC, people in the US won‘t be able to buy it, and developers won’t be able to develop Ethereum or build any more applications on top of the protocol.　　Earlier this year, SEC Chair Gary Gensler refused to confirm whether or not he sees ETH as a security.　　Says Lubin,　　Lubin is the CEO of Consensys, the creators of MetaMask, the worlds most popular crypto wallet, which recently received a Wells Notice from the SEC, which the regulator issues when it wants to warn of a coming enforcement action.　　Consensys soon responded with a lawsuit against the SEC, which Lubin, whose worth was estimated to be between $1 billion and $5 billion in 2018 by Forbes, says aims to prevent the regulator from reclassifying ETH as a security.

2024-05-08Ethereum

Magagawa ba ng Ethereum Bulls na Panatilihin ang Presyo sa Itaas sa $3K? (Pagsusuri sa Presyo ng ETH)

Ethereum　　Magagawa ba ng Ethereum Bulls na Panatilihin ang Presyo sa Itaas sa $3K？ (Pagsusuri sa Presyo ng ETH)　　Ethereums price has encountered challenges in breaking below the critical $3K support region, with selling pressure being met by sufficient demand, resulting in sideways consolidation. However, a sudden breach of this pivotal juncture could trigger a cascading effect.　　Upon examining the daily chart, Ethereums trajectory has turned bearish following a notable rejection near the $4K mark, fostering a bearish sentiment among market participants.　　Nonetheless, the decline found a temporary recess upon reaching a substantial support region, encompassing the crucial $3K mark and the price range between the 0.5 ($3133) and 0.618 ($2906) Fibonacci levels. This support area aligns closely with the critical 100-day moving average, indicating significant demand near this crucial threshold.　　Currently, Ethereum is experiencing a sideways consolidation phase, with the price hovering around the significant $3K support region. This suggests possible accumulation underway, potentially paving the way for a robust bullish resurgence in the short term. However, an unexpected breach of this crucial support zone could trigger a cascade effect, with the next target situated at the $2.5K region and the 200-day moving average of $2.6K.　　Pinagmulan: TradingViewAng 4-Oras na Tsart　　Analysis of the 4-hour chart

2024-05-08Ethereum

Ethereum Remains The Basket Case This Bull Cycle, Further Price Dip?

Ethereum　　Ang Ethereum ay Nananatiling Basket Case Itong Bull Cycle, Karagdagang Pagbaba ng Presyo？　　While Ethereum (ETH) remains a central player in the crypto market, it faces mounting challenges in its quest for widespread adoption. Moreover, a recent report by 10x Research suggests that Ethereum is the “basket case” in this bull cycle. This has raised concerns about the ETH prices future trajectory as it recently lost hold on a crucial level.　　Will Ethereum Price Continue To Dip？　　The 10x Research report noted that despite Ethereum‘s pivotal role in facilitating DApps and the NFT market, its weak fundamentals have become a cause for concern. It negatively affects Bitcoin’s trajectory due to the correlation between these crypto behemoths. In addition, the poor fundamentals also bring doom to the Ethereum ecosystem.　　During the previous cycle, Ethereum was positioned as a revolutionary force set to supplant traditional banking systems. However, its failure to swiftly address scalability issues and adapt to changing market dynamics has left it trailing behind. Whilst, Bitcoin has now assumed the mantle of digital gold, leaving ETH behind.　　Meanwhile, the correlation between Bitcoin and Ethereum remains strikingly high, with an R-square of 95%. This underscores the interconnectedness of the two largest cryptocurrencies. Hence, Ethereums struggles are

2024-05-07Ethereum

Pumapasok sa Testnet ang ZK-rollup Ethereum Scaler na Miden ng Polygon

Ethereum　　Pumapasok sa Testnet ang ZK-rollup Ethereum Scaler na Miden ng Polygon　　Balita ng Ethereum ng Bitcoin　　poligon, a prominent Ethereum layer-2 developer, has introduced an alpha version testnet of its new zero-knowledge rollup (ZK-rollup) solution named Miden amidst intensifying competition in Ethereum‘s scaling ecosystem. This move marks a significant step in Polygon’s efforts to enhance Ethereums scalability and efficiency.　　Polygon Miden Alpha Testnet is Live　　On May 6, in a post on X, Polygon announced the launch of the Polygon Miden Alpha Testnet, inviting developers to start testing this zero-knowledge rollup (ZK-rollup). Miden aims to expand Ethereums functionalities by leveraging advanced cryptography techniques.　　Similar to other ZK-rollup solutions, Polygons Miden utilizes a form of cryptography that enables data verification or “proof” without disclosing the underlying data to the wider network. This innovation enhances privacy and scalability on the Ethereum blockchain.　　Miden also incorporates client-side proving, allowing users to generate proofs for their own state transitions locally without exposing the state to the network, Polygon explained. This approach is designed to reduce network load while enhancing privacy and scalability.　　Miden introduces additional functionality, such as private accounts that support private tokens and transactions, storing only the hash of the account on-chain for enhanced privacy.　　Moreover, Miden implements parallel transaction

2024-05-07Ethereum

Ethereum Developers Aim to Simplify Crypto Wallet Usage with EIP-3074

crypto Ethereum　　Ethereum Developers Aim to Simplify Crypto Wallet Usage with ‘EIP-3074’　　Balita ng Ethereum ng Bitcoin　　EIP-3074 aims to enhance Ethereum wallets by enabling smart contract control.　　The proposal has received support for improving wallet UX.　　Despite this, leaders caution against potential vulnerabilities.　　With blockchain adoption on the rise, Ethereum developers are reviewing several Ethereum Improvement Proposals (EIPs) for the upcoming major update, Pectra. One such consideration is the EIP-3074 due to its potential to enhance the usability of crypto wallets.　　Unlike those managed by smart contract code, the proposal focuses on externally owned accounts (EOAs), which users control through private keys. EIP-3074 seeks to enhance the programmability of these accounts by enabling smart contract authorization for transactions.　　Furthermore, this improvement could improve user experience by enabling batching transactions and allowing third parties to cover transaction fees.　　Paradigm Chief Technology Officer Georgios Konstatonopolous commented on X.　　Even though Ethereums proposed update, EIP-3074, has garnered significant support for its potential to enhance wallet usability, it has also been met with skepticism within some sections of the Ethereum community.　　Certain community participants are expressing doubts regarding the security implications of permitting smart contracts to manage transactions for EOAs. In addition, industry leaders have cautioned that the proposal would allow batch transactions.　　Lukas Schor,

2024-05-07Ethereum

Ang mga awtoridad sa buwis sa Australia ay humihiling ng data ng kliyente mula sa mga palitan ng crypto

crypto　　Ang mga awtoridad sa buwis sa Australia ay humihiling ng data ng kliyente mula sa mga palitan ng crypto　　Balita ng Ethereum ng Bitcoin　　The Australian Taxation Office (ATO) has recently requested personal data and transaction information from cryptocurrency exchanges, potentially involving up to 1.2 million accounts. This move aims to tighten enforcement against individuals who might be neglecting their tax obligations amidst the growing allure of digital tokens.　　According to a notice issued by the ATO last month, the data is intended to assist in identifying traders who have not reported their crypto exchanges or the use of digital currency for purchases of goods and services. The ATO acknowledges the intricate nature of the crypto industry, which can contribute to a genuine lack of awareness regarding tax responsibilities.　　The ATO highlighted concerns about the potential for individuals to exploit the anonymity of cryptocurrency transactions to evade tax obligations. It emphasized that the ease of purchasing crypto assets with false information could make them appealing to those seeking to circumvent tax laws.　　What personal information does Australia want？　　The information being sought includes personal details such as date of birth, phone numbers, and social media accounts, as well as transaction specifics like bank accounts, wallet addresses,

2024-05-07Industriya

Hedge Funds and Solana (SOL) & Ethereum (ETH) Investors See Kelexo (KLXO) as a 20X Opportunity in Revolutionary Stage 2 Presale

Ethereum　　Hedge Funds and Solana (SOL) & Ethereum (ETH) Investors See Kelexo (KLXO) as a 20X Opportunity in Revolutionary Stage 2 Presale　　Balita ng Ethereum ng Bitcoin　　The ever-expanding realm of cryptocurrency investment continues to churn out innovative projects attracting both hedge funds and individual investors. Among these rising stars is Kelexo (KLXO), a revolutionary DeFi lending platform currently in its Stage 2 presale. Solana (SOL) and Ethereum (ETH) enthusiasts, in particular, have identified Kelexo (KLXO) as a potential goldmine, brimming with the potential for explosive growth. Lets delve deeper into the allure of the Kelexo (KLXO) Stage 2 presale and explore the factors driving excitement within the cryptocurrency community.　　Hedge Funds and Solana (SOL) & Ethereum (ETH) Investors Enthusiasts Unite　　The convergence of hedge fund interest and widespread adoption within the Solana (SOL) and Ethereum (ETH) communities creates a perfect storm for Kelexo (KLXO) growth. With the backing of these influential groups, the platform is poised to experience significant user acquisition and potentially redefine the landscape of DeFi lending. Kelexo (KLXO) Stage 2 presale presents a unique opportunity for investors to join this groundbreaking project on the ground floor, potentially reaping substantial rewards as the platform matures and expands its reach.　　Pagsusuri ng Presyo ng

2024-05-07Ethereum

Why Ethereum (ETH) Must Not Fall Below $3,000 Again

Mga Aktibong Deposito ng Ethereum. Pinagmulan: Santiment　　Furthermore, the HODLing of ETH has also grown, with the supply moving from short-term to mid-term holders. HODL waves show that wallets holding ETH for one month to a year have noted a 2.3% increase in their supply over the past month.　　Moreover, addresses holding ETH for a period of one week to a month have witnessed outflows amounting to 2.2% of the circulating ETH supply. This is evidence that the ETH has moved from potential sellers to HODLers, who tend to avoid immediate dumping.　　This decline in short-term holders‘ dominance proves that investors’ conviction is noting a considerable increase.　　Ethereum HDOL Waves. Source: GlassnodeETH Price Prediction: $3,000 Holds　　Ethereums price is hovering above the key support level of $3,000, coinciding with the 23.6% Fibonacci Retracement. The 23.6% Fib level is known to be the critical support level, and losing it diminishes the potential for recovery. Thus, keeping above $3,000 is crucial for ETH, and it is the probable outcome given the support of its investors.　　If the bullishness sustains, Ethereums price could breach the 38.2% Fib level. Securing this support would enable ETH to attempt to breach the resistance block between $3,582 and $3,829.　　Pagsusuri ng Presyo ng Ethereum.

2024-05-07Ethereum

MakerDAOs MKR Sell-Off Hits $31.2M Amid Token Expansion Plans

Recent reports have revealed a significant sell-off of MakerDAOs MKR tokens, totaling a substantial $31.2 million. This development comes at a pivotal moment for MakerDAO as it prepares to introduce two new tokens, NewStable (NST) and NewGovToken (NGT), aimed at enhancing stability and governance within its platform.　　The news surfaced from Spot On Chain, a crypto analytics platform, where they highlighted the continuous depositing of MKR tokens to centralized exchanges (CEX). The tweet pointed out that a multisign wallet, likely belonging to MakerDAO, had deposited a significant amount of MKR tokens to Binance.　　Since March 18, 2024, the wallet has deposited a total of 11,993 MKR tokens, with the most recent deposit amounting to 750 MKR tokens valued at $2.19 million. While the total deposit amount reached $31.2 million, the wallet still holds a significant amount of MKR tokens. Spot On Chain reported that the current holding of the wallet stands at 18,978 MKR tokens, equivalent to $55.2 million.　　Strategic Token Expansion Plans　　This flurry of sell-offs coincides with MakerDAO‘s plans to introduce two new tokens, NST and NGT, into its ecosystem. NST represents an upgraded version of Dai, MakerDAO’s flagship stablecoin, promising enhanced stability features for broader adoption. Meanwhile, NGT heralds a revamped

2024-05-07Industriya

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