Cardano ranks highest in developmental activity, five places ahead of Ethereum - BitcoinEthereumNews.com

The developers of Cardano have always aspired to create a blockchain that supports more transactions at a lower cost, and have been considerably successful in that aspect. They also make use of distributed ledger technology & have commendable smart contract infrastructure.  Cardano was founded back in 2017 by Charles Hoskinson. The native token of Cardano, ADA, borrows its name from Ada Lovelace, a 19th-century mathematician regarded as the first computer programmer. The coin was created to allow owners to participate in the operation of the network. Accordingly, owners of ADA get to vote on proposed changes to the network.  The features & use cases of Cardano follow an elaborate spectrum. The platform allows for building smart contracts, creating dApps and protocols, and also allows for sending funds at lower fees. Naturally, the ADA token is used for funds transfer, but that‘s not all it’s meant to do. Participants on the network stake their ADA tokens to keep the blockchain secure and functioning. Those who do this, are then rewarded with ADA coins for their participation.  Along with building decentralized applications and supporting smart contracts, Cardano is also used by agriculture companies to track fresh produce. Storing educational credentials on the network is another

2022-07-01Ethereum

Crypto Analyst Michaël van de Poppe Issues Bitcoin Warning, Updates Ethereum Outlook As Markets Dive - BitcoinEthereumNews.com

Bitcoin crypto EthereumCrypto Analyst Michaël van de Poppe Issues Bitcoin Warning, Updates Ethereum Outlook As Markets Dive06 / 30 / 2022Balita ng Ethereum ng Bitcoin  A widely followed crypto analyst is updating his forecast for the two leading cryptos by market cap as the markets crash.  Earlier this morning, crypto trader Michaël van de Poppe binalaan his 613,900 followers that Bitcoin (BTC) must hold the $19,300 region as final support.  Not holding support for Bitcoin and were looking at $19,300 zone next…  Interested to see price reaction here, but looking for more confirmation overall before entering into longs.  Pinagmulan: CryptoMichNL/Twitter  Van de Poppe noon Nagbahagi a chart theorizing what BTC must do to confirm a bullish divergence.  “Bitcoin is probably seeking for something like this to confirm bullish divergences on higher timeframes too.”  Pinagmulan: CryptoMichNL/Twitter  may Bitcoin currently trading beneath Van de Poppes highlighted $19,300 level at $19,158, the trader has since update his followers with a grim forecast concerning the above chart.  “Might be a case, but stuff doesnt look good.”  Bitcoin appears to be faltering with the rest of the crypto markets and is down 5.5% over the last 24 hours.  Van de Poppe then turns his attention to leading smart contract platform Ethereum (ETH), down nearly 50% in the

2022-07-01Ethereum

Here’s What’s Needed for Leading Ethereum Rival To Surge by 700% and Reclaim All-Time High: Coin Bureau Host - BitcoinEthereumNews.com

crypto EthereumNarito Kung Ano ang Kailangan para sa Nangungunang Karibal sa Ethereum na Umakyat ng 700% at I-reclaim ang All-Time High: Coin Bureau Host06 / 30 / 2022Balita ng Ethereum ng Bitcoin  A popular crypto analyst is identifying what could help leading Ethereum rival Polkadot (DOT) recapture its all-time high.  Sa isang bagong video, ang host ng Coin Bureau ay si Guy nagsasabi his 2.07 million subscribers the reasons for DOTs poor price performance.  “First is the fact that the rest of the crypto market has been getting wrecked, notably [Bitcoin] whose price is strongly correlated with DOTs.”  He says that DOTs circulating supply has increased by around 55 million in the last four months, creating sell pressure that pushes down the price of the cross-chain platform.  The analyst says that Polkadot does not have enough demand to offset the sell pressure as the amount of DOT held by exchange-traded products for Polkadot fell by more than 70% since February. The crypto asset is also not required to pay for transaction fees on Polkadots parachains.  The problem there is that the demand for DOT has been on the decline as the crypto bear market sets in and not just from retail investors…  The demand for DOT will

2022-06-30Ethereum

Ethereum Faces Crash to $600 as Crypto Bear Persists - BitcoinEthereumNews.com

crypto EthereumEthereum Faces Crash to $600 as Crypto Bear Persists06 / 30 / 2022Balita ng Ethereum ng BitcoinKey Takeaways  Ethereum has retraced by more than 20% over the past four days.  Meanwhile, nearly 193,000 Ethereum has been sent to crypto exchanges.  Further selling pressure could trigger a correction toward $600.  Ibahagi ang artikulong ito  Ethereum looks like it‘s at risk of a steep correction as crypto’s rocky June draws to a close. Market participants are rushing to exchanges to exit their positions, while Ethereum is sitting on little to no support.  Ethereum Faces Lower Lows  Ethereum looks primed for a significant price movement as selling pressure accelerates.  The number two cryptocurrency has suffered from a price drop of over 20% over the past four days. It was trading at a local high of $1,280 on Jun. 26 before dipping as low as $1,015. Notably, Ethereum broke below the crucial $1,000 level on Jun. 18, and the losses could extend further as downward pressure appears to be on the rise.  On-chain data from Glassnode shows that the number of Ethereum held on known cryptocurrency exchange wallets has significantly increased. Nearly 193,000 ETH worth roughly $200 million has flowed into trading platforms since Jun. 26. The spike in the balance held

2022-06-30Ethereum

Ethereum price analysis: ETH drops further, swiftly looks to break $1,000? - BitcoinEthereumNews.com

EthereumPagsusuri ng presyo ng Ethereum: Ang ETH ay bumaba pa, mabilis na mukhang masira ang $1,000?06 / 30 / 2022Balita ng Ethereum ng Bitcoin  Ethereum price analysis is bearish today as we have seen further decline leading below the $1,050 support. Since this mark was broken without much hesitation, we expect ETH/USD to spike even lower and break past the $1,000 next major support by the end of the day.  Mapa ng Cryptocurrency heat. Pinagmulan: Coin360  The market has traded towards further lows over the past 24 hours. The leader, Bitcoin, lost 4.71 percent, while Ethereum 8.38 percent. Meanwhile, the rest of the top altcoins have seen even further decline.  Ethereum price movement in the last 24 hours: Ethereum fails to recover, continues lower  Nakipag-trade ang ETH/USD sa hanay na $1,017.07 hanggang $1,121.57, na nagpapahiwatig ng malaking pagkasumpungin sa nakalipas na 24 na oras. Ang dami ng kalakalan ay tumaas ng 10.89 na porsyento, na may kabuuang $16.3 bilyon, habang ang kabuuang market cap ay nakikipagkalakalan sa paligid ng $123.5 bilyon, na nagreresulta sa isang dominasyon ng 14.49 na porsyento.  ETH/USD 4-hour chart: ETH looks to spike even lower?  On the 4-hour chart, we can see strong selling pressure over the last hours leading below the $1,050

2022-06-30Ethereum

Ethereum: addresses continue to accumulate ETH - BitcoinEthereumNews.com

The big addresses take advantage of the drop in prices to accumulate more ETHThe conversion to PoS: perhaps it will no longer be August as expected  Kamakailan, ito ay iniulat na ang final Merge of Ethereum‘s blockchain with the new Beacon Chain, may no longer take place in August, despite the fact that Ethereum’s own co-founder, Vitalik Buterin, reportedly anounced this date.  Specifically, Beacon Chain is the new Ethereum PoS blockchain that will become official after the final Merge, which seems to have slipped to September.  Buterin had anounced August as the deadline in case there were no hiccups, which may, instead, have materialized.  Becoming a blockchain based on a PoS consensus algorithm would mean that Ethereum would no longer use mining to confirm transactions, and, because of that, maging as many claim more green and sustainable.

2022-06-30Ethereum

Risk of Significant Drawdowns Pushes Cypherpunk Holdings to Sell Entire Stash of Bitcoin and Ethereum – Bitcoin News - BitcoinEthereumNews.com

Jamie Redman  Si Jamie Redman ang News Lead sa Bitcoin.com News at isang financial tech na mamamahayag na naninirahan sa Florida. Si Redman ay isang aktibong miyembro ng komunidad ng cryptocurrency mula noong 2011. Siya ay may hilig sa Bitcoin, open-source code, at mga desentralisadong aplikasyon. Mula noong Setyembre 2015, ang Redman ay nagsulat ng higit sa 5,700 mga artikulo para sa Bitcoin.com Balita tungkol sa mga nakakagambalang protocol na umuusbong ngayon.  Pagtatatuwa: Ang artikulong ito ay para sa mga layuning pang-impormasyon lamang. Ito ay hindi isang direktang alok o paghingi ng isang alok upang bumili o magbenta, o isang rekomendasyon o pagrekomenda ng anumang mga produkto, serbisyo, o kumpanya. Bitcoin.com hindi nagbibigay ng payo sa pamumuhunan, buwis, ligal, o accounting. Hindi man ang kumpanya o ang may-akda ay responsable, nang direkta o hindi direkta, para sa anumang pinsala o pagkawala na sanhi o diumanoy sanhi ng o may kaugnayan sa paggamit ng o pag-asa sa anumang nilalaman, kalakal o serbisyo na nabanggit sa artikulong ito.

2022-06-30Ethereum

Ethereum NFT Trading Volume Falls By 70% in June—But Number of Sales Steady - BitcoinEthereumNews.com

Ethereum Mga NFTEthereum NFT Trading Volume Falls By 70% in June—But Number of Sales Steady06 / 29 / 2022Balita ng Ethereum ng Bitcoin  The state of NFTs isnt lahat doom and gloom amid the bear market.  Ang kabuuang dami ng Ethereum NFT trades has declined by 55% in the past month, from 1.3 million ETH to just 584,000 ETH, according to Nansen data. Thats a drop from just under $ 2.6 bilyon to about $672 million, which is roughly a 70% decrease when valued in USD.  Ethereum‘s price has fallen about 43% in the past month. “Blue chip” NFT prices haven’t risen to compensate, however, meaning less money is changing hands overall.  Among the top five ranked NFT collections on OpenSea, average prices in ETH have remained more or less stagnant, with Inip na Ape Yacht Club NFT prices still hovering around 100 ETH. CryptoPunks are an exception, which saw buy-in floor prices increase 48% in part due to Christie‘s head of digital sales becoming the Punks’ new brand lead sa buwang ito.  Mga NFT traders are still buying and selling these unique blockchain tokens that signify ownership over digital art—theyre just buying cheaper ones and “apeing” into free mints gaya ng Goblintown, which started

2022-06-30Ethereum

Why did ETH denominated OI on CME climb to highest level since early April - BitcoinEthereumNews.com

EthereumBakit ang ETH denominated OI sa CME umakyat sa pinakamataas na antas mula noong unang bahagi ng Abril06 / 29 / 2022Balita ng Ethereum ng Bitcoin  Ethereum [ETH], the largest altcoin continues to see alarming signals concerning its price on a weekly basis. ETH remained in a bearish zone below the $1,280 and $1,250 resistance levels.  Now, ETH started a fresh decline (7%) and traded below the key $1,200 support zone. Thereby, closing red week after red week for the past 11 weeks.  Thats not all, the futures market saw some interest action as well.  A bear attack on both ends  Its quite clear that Ethereum has immensely suffered in the spot market. ETH has been one of the worst-hit coins. And, it has been performing poorly as compared to the other cryptocurrencies at the moment.  Likewise, sentiment around the largest altcoin took a blow as well. The amount of positive commentary towards ETH fell to an alarmingly low level- a level not seen in over four years.  Pinagmulan: Santiment  Santiment, an analytical platform, in a 29 June tweet opined,  ???? #Ethereum is back below $1,200 as #crypto at #equities retraced Tuesday. Positive commentary is very scarce these days for the #2 market cap asset. So much so that

2022-06-30Ethereum

Ethereum Keeps Sliding Down, Will The Support Line of $1,100 Break? - BitcoinEthereumNews.com

EthereumEthereum Keeps Sliding Down, Will The Support Line of $1,100 Break?06 / 29 / 2022Balita ng Ethereum ng Bitcoin  Ethereum continued on a bearish path as the coin has now found support level at $1,100. Over the last two days the coin surged and touched the $1,200 mark but shortly after that, it witnessed a pullback on the chart. Ethereums strong resistance currently stood at $1,300.  The technical perspective of the coin has also remained bearish. Over the last 24 hours, ETH lost 9% of its value and invalidated most gains it secured in the past one week. After the bulls could not manage to move past the $1,300 price ceiling, the coin has slipped down.  ETH has depicted a consolidated price range with price of the asset sandwiched between $1,280 and $1,110, respectively. If Ethereum doesnt rise and break past the $1,300, price could dip and fall below the $1,000 mark. Buying strength also faded as price of the coin kept falling on the chart. The global cryptocurrency market cap today is at $937 Billion with a fall of 5.5% sa huling mga oras ng 24.  Pagsusuri ng Presyo ng Ethereum: Isang Araw na Tsart  Ang Ethereum ay napresyuhan ng $1,111 sa one day

2022-06-30Ethereum
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