Pinakabagong Balita sa Crypto at Market Updates

Ethereum Scaling Solution zkSync to Launch Mainnet in 3 Months - BitcoinEthereumNews.com

EthereumEthereum Scaling Solution zkSync upang Ilunsad ang Mainet sa 3 Buwan07 / 20 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum Layer 2 scaling solution zkSync anounced that it will be going live on mainet in the coming three months.　　Project developer Matter Labs anounced that zkSync 2.0 would be compatible with the Ethereum Virtual Machine (EVM) upon its launch.　　“The project is hoping to become the first zk proof-based scaling solution for EVM smart contracts available in a live production environment upon its mainet launch,” The Block reported.　　Scripting languages for EVM-based apps, Solidity and Vyper, will also be supported by zkSync.　　The technology behind zkSync is based on zero-knowledge rollups, and ZKRollups is used by Layer 2 networks to allow faster and cheaper transactions than the Ethereum mainet, The Block reported. Other solutions include optimistic rollups, sidechains, and state chanels.　　Backward compatibility with older versions of the solutions will also be available on zkSync 2.0, the anouncement added to help project developers to upgrade to the new version.　　The anouncement further elaborated that there will be a three-step process for the mainet launch. The first launch in November will happen, excluding external projects. Prior to the second launch, there will be audits and then a fair

2022-07-21Ethereum

ETH Needs to Break This Level to Take a Shot at $2K (Ethereum Price Analysis) - BitcoinEthereumNews.com

EthereumKailangang Masira ng ETH ang Antas na Ito para Makakuha ng Shot sa $2K (Pagsusuri sa Presyo ng Ethereum)07 / 20 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum continues its green streak and is currently charting a whopping 60% gain in the past seven days, trading around $1,600. The price is above the 200-week moving average, which is $1214.　　Teknikal na Pagsusuri ng　　By Kulay-abo　　Ang Pang-araw-araw na Tsart　　The bulls have pushed the price towards the resistance zone in the range of $1500-$1700 (in red). Ethereum has also touched the descending line (in yellow). This resistance has accompanied the price since the all-time high and has repeatedly prevented it from increasing further.　　If the bulls want to revisit $2000, they will have to break out from this zone with a significant volume. Otherwise, if the upside momentum stall, participants should be prepared for a sharp increase in selling. This could send the price towards the horizontal support at $1280. However, as long as ETH trades above $1,280, the bullish momentum remains.　　Mga Pangunahing Mga Antas ng Suporta: $ 1280 & $ 1000nMga Antas ng Paglaban sa Key: $ 1700 & $ 2160　　Pinagmulan: TradingView　　Pang-araw-araw na Moving Average:　　MA20: $1230nMA50: $1321nMA100: $1903nMA200: $2435　　Ang ETH/BTC Chart　　After rebounding off the bottom

2022-07-21Ethereum

Polygon to release ZK scaling solution fully compatible w/ Ethereum - BitcoinEthereumNews.com

EthereumIlalabas ng Polygon ang ZK scaling solution na ganap na katugma sa Ethereum07 / 20 / 2022Balita ng Ethereum ng Bitcoin　　Polygon, the popular Ethereum-focused scaling platform, today anounced the launch of Polygon zkEVM, the first Ethereum-equivalent scaling solution that works seamlessly with all existing smart contracts, developer tools, and wallets, harnessing advanced cryptography called zero-knowledge proofs.　　As of now, Polygon has released part of the source code and roadmap for zkEVM, with the public testnet expected later this summer and the mainet launch planed for early 2023.　　The Polygon zkEVM is fundamentally equivalent to the Ethereum Virtual Machine (EVM) itself and fully benefits from all of Ethereums ecosystem. EVM-equivalence is different from EVM compatibility because it creates less friction, removing the need for any kind of modification or re-implementation of code.　　Polygon zkEVM, which stands for zero-knowledge Ethereum Virtual Machine, leverages zero-knowledge (ZK) proofs to reduce transaction costs and increase throughput while inheriting the security of Ethereum.　　ZK proof technology works by batching transactions into groups, which are then relayed to the Ethereum Network as a single, bulk transaction. The ‘gas fee’ for the single transaction is then split between all the participants involved, dramatically lowering fees.　　For developers of payment and DeFi applications, Polygon

2022-07-21Ethereum

Uniglo Begins Clocking the Radar of ETH, MATIC, and XLM Holders - BitcoinEthereumNews.com

Uniglo (GLO)　　Uniglo‘s incredibly competent team of developers have helped create a project that solves key issues in both the crypto world and fiat. That’s because with a truly deflationary, fully-asset backed and community-driven token, they‘ve come up with a coin that doesn’t rely on rampant speculation and has an extremely stable floor.　　With fiat currencies, you‘ve probably noticed your money becoming worth less and less due to inflation. Fiat is able to be printed on-demand, as it’s no longer backed by a gold standard. Its entire price is based on sentiment. Theres no scarcity, and quantitive easing simply devalues it.　　GLO is different, as it has scarcity built into its model alongside a fully 1:1 asset-backed store of value. GLOs vault of investments (to help create asset-backing) are made up of other cryptos, NFTs and collectibles alongside digitized versions of gold, whisky, fine art and more.　　GLO also isn‘t reliant on the price of any one asset due to diversification. Unlike many other products in the crypto world, it doesn’t rise and fall based on BTCs performance. Thats why GLO is a unique opportunity as the future of finance, and a digital currency you can actually have confidence in when you either buy

2022-07-21Ethereum

Galaxy Buys $75 Million ETH – Trustnodes - BitcoinEthereumNews.com

EthereumBumili ang Galaxy ng $75 Million ETH – Trustnodes07 / 20 / 2022Balita ng Ethereum ng Bitcoin　　The Galaxy Institutional Ethereum Fund has bought $75.6 million eth according to a filing with the Securities and Exchanges Commission.　　The purchase was on behalf of 21 investors, each with a minimum of $100,000 invested.　　“The Funds invest directly in Ether and are priced based on the Bloomberg Galaxy Ethereum Index (‘ETH’),” Galaxy said.　　Gemini acts as a custodian with Galaxy having $1.7 billion in assets under management.　　Goldman Sachs may be one of the investors on behalf of their clients as they began offering the eth fund back in March.　　This comes amid some bullishness in eth ahead of the Merge upgrade to full Proof of Stake expected in September.　　The $75 million investment is also one of the biggest since early 2021, indicating that institutional investors may be returning to the crypto space.　　A further Galaxy Benchmark Crypto Index Offshore Fund also bought $3.25 million on behalf of ten investors, showing eth is currently attracting far more attention.

2022-07-20Ethereum

Uniglo (GLO) Finds Lucrative Niche Within NFT Market Alongside Ethereum (ETH), Solana (SOL), And Avalanche (AVAX) - BitcoinEthereumNews.com

With tons of new crypto projects hitting the market every week, it can sometimes be difficult to differentiate the great ones from the not-so-great ones, especially with the rise in popularity of NFTs. These went mainstream in a big way a year or so ago, but not every NFT investment has paid off for those who got involved. Some have made massive gains, while others have made massive losses.　　Regardless of what you think about the long-term viability of NFTs as an investment, they‘re undoubtedly here to stay. And some projects, like GLO, make secure use of them amongst a range of other investments… So you can diversify your risk and enjoy real upside without any stress. Analysts predict big things for three Ethereum blockchain projects over the coming months. These include the GLO as mentioned above, alongside SOL and AVAX. Let’s look at why these might be the perfect additions to your investments…　　Uniglo (GLO)　　Glo has created an extremely secure vault of investments into a range of other projects to help it become the first fully asset-backed community-driven crypto thats completely deflationary and continues to become more scarce over time.　　It also allows holders to have positions in other assets they previously

2022-07-20Ethereum

Bitcoin Explodes to $24K as Ethereum Consolidates Above $1,500 (Market Watch) - BitcoinEthereumNews.com

Bitcoin EthereumBitcoin Explodes to $24K as Ethereum Consolidates Above $1,500 (Market Watch)07 / 20 / 2022Balita ng Ethereum ng Bitcoin　　Although Bitcoins price was lagging over the past few days compared to Ethereum and some other altcoins, it caught up over the past 24 hours. BTC exploded by over 7.6% and touched $24K.　　Bitcoin Soars Towards $24K　　Over the past 24 hours, BTC managed to finally catch up to Ethereum and its ecosystem, soaring by over 7.6%. This saw its price almost touch $24K before retracing to where its currently trading at $23,500.　　Pinagmulan: TradingView　　As seen in the chart above, Bitcoin is attempting to break above the previously established range. To do so, it must consolidate and remain above $22,500. If successful, this could potentially open up the way towards $27,000 and even higher.　　In any case, the cryptocurrency managed to close seven out of eight daily candles in the green. Today would be the 8th candle if it remains positive.　　The increased volatility also sanhi a lot of liquidated positions over the past 24 hours. In total, they amount to slightly less than $300 million, $160 million of which were BTC positions. The largest single liquidation order happened on FTX, and it was also a

2022-07-20Ethereum

Bitcoin, Ethereum and One Metaverse Altcoin Turning Bullish, According to Closely Followed Trader - BitcoinEthereumNews.com

Bitcoin crypto EthereumBitcoin, Ethereum at One Metaverse Altcoin Turning Bullish, Ayon sa Closely Followed Trader07 / 20 / 2022Balita ng Ethereum ng Bitcoin　　A popular crypto strategist is predicting whats next for a trio of digital assets as the markets try to keep the recent rally going.　　The pseudonymous crypto trader Cheds nagsasabi his 274,100 Twitter followers that hes looking at Bitcoin (BTC) on the 34-day estimated moving average (EMA).　　He says this is the first time the top cryptocurrency has closed above that particular metric in three months while remaining wary of potential price weakness moving forward.　　BTC notable – first close above daily EMA 34 since April.　　Some evidence of weakening bear trend – continue to monitor for deviation.　　Source: Cheds/Twitter　　Bitcoin is currently surging, up 9% over the past 24 hours and priced at $23,512.　　Cheds goes on to talakayin whats next for Ethereum (ETH), stating that the leading smart contract platform appears strong enough to recapture the $1,700 mark regardless of whether or not Bitcoin buckles.　　“$1,700 still makes sense even if BTC rejects DEMA 34 given relative strength.”　　Source: Cheds/Twitter　　At time of writing, Ethereum is up by 4.05% on the day, changing hands for $1,573.　　Ang chart guru concludes his analysis of the top two digital

2022-07-20Ethereum

How DeFi on Ethereum Is Evolving Through Crypto Winter - BitcoinEthereumNews.com

crypto EthereumPaano Umuunlad ang DeFi sa Ethereum Sa Pamamagitan ng Taglamig ng Crypto07 / 20 / 2022Balita ng Ethereum ng BitcoinKey Takeaways　　DeFi has suffered in the crypto slump, but many staple projects are still building.　　The likes of Aave, MakerDAO, Uniswap, and Lido have all put forward experimental governance proposals or made major anouncements in recent months.　　If DeFi is to reclaim its highs, those building through the bear should emerge stronger than ever.　　Ibahagi ang artikulong ito　　Some of Ethereums most prominent DeFi protocols are taking advantage of the current market downturn to rethink their governance structures or offer completely new services. Others have focused on shoring up their operations to improve resiliency.　　DeFi Projects Plan for the Future　　DeFi protocols are continuing to build despite the ongoing crypto market decline.　　Notable among the projects showing signs of evolution are mainstays of Ethereum DeFi such as the lending protocols MakerDAO and Aave, the popular decentralized exchange Uniswap, and the leading Ethereum liquid staking platform Lido. These protocols, along with a few others such as Curve and Compound, are considered fundamental to the ecosystems financial stack due to their technical inovations, high security, and the amount of capital entrusted to their smart contracts.　　While the market downturn has

2022-07-20Ethereum

Macro Guru Raoul Pal Says One Ethereum Rival Could Be Gearing Up To Outperform ETH As Chart Hints at Rallies - BitcoinEthereumNews.com

EthereumSinabi ni Macro Guru Raoul Pal na Isang Karibal sa Ethereum ang Maaaring Maghahanda Upang Madaig ang ETH Bilang Mga Pahiwatig ng Chart sa Mga Rali07 / 20 / 2022Balita ng Ethereum ng Bitcoin　　Real Vision CEO and macro expert Raoul Pal thinks Solana (Sol) could potentially outperform Ethereum (ETH).　　Ang dating executive ng Goldman Sachs sabi ni he thinks theres a good chance SOL “will do very well” if it takes out a recent high against ETH.　　SOL/ETH broke the chanel and has corrected. Not yet clear if its going to outperform ETH yet but if it takes out recent high, chances are it will do very well.　　In last 4 weeks I built a decent long SOL (and added more ETH) but SOL is much smaller but still significant.　　Pinagmulan: Raoul Pal　　In terms of its price in dollars, Pal sabi ni SOL looks like its in an inverse head and shoulders formation, a technical analysis pattern that signals a large reversal in a downtrend.　　“Definitely looks like an inverse head and shoulders on SOL…”　　Pinagmulan: Raoul Pal　　Ang pseudonymous negosyante na kilala bilang Cantering Clark is also bullish on the Ethereum challenger. The analyst tells his 140,500 Twitter followers that the right market conditions could help

2022-07-20Ethereum

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