Ethereum investors should know this reasoning behind ETHs crash in June - BitcoinEthereumNews.com

EthereumDapat malaman ng mga namumuhunan ng Ethereum ang pangangatwiran na ito sa likod ng pag-crash ng ETH noong Hunyo06 / 24 / 2022Balita ng Ethereum ng Bitcoin  It has been hard for ETH traders to avoid panicking in the last few months as ETH continued to sell with no end in sight. The bears have been easing off their assault every once in a while, paving the way for minor relief rallies. However, even those have been short-lived and the bears continue to show their strength.  A similar scenario is taking place right now following ETHs latest crash. The market has experienced a few days of relative calmness and some upside. Investors might, thus, expect ETH to experience another sell-off sometime soon if the market continues on the same trajectory. Understanding the key sources of the selling pressure is essential in order to gauge where the market might be headed.  It turns out exchange-traded funds (ETFs) holding large amounts of ETH have been selling off their holdings. 3iQ CoinShares Ether ETF (ETHQ.U) and Ether Fund (QETH.U) holdings are among the top ETFs that invested heavily in ETH in the past. Their Glassnode metrics reveal that they offloaded a significant amount of ETH in

2022-06-25Industriya

Can Trendline Breakout Lead MATIC to $0.75? - BitcoinEthereumNews.com

TeknolohiyaMaaari bang Pangunahan ng Trendline Breakout ang MATIC sa $0.75?06 / 24 / 2022Balita ng Ethereum ng Bitcoin  Nai-publish 13 oras na ang nakakaraan  Polygon (MATIC) has been one of the top-performing cryptocurrencies this week, registering an 80% growth in the last six days. The V-shaped recovery breached the immediate resistance of $0.47 and just today, $0.57. Can coin buyers sustain this bullish breakout?  Pangunahing puntos  MATIC price breached dual resistance of descending trendline and $0.5  The bullish crossover in the MACD indicator gives a buy signal  Ang intraday trading volume sa MATIC ay $1.2 Billion, na nagpapahiwatig ng 43% gain.  Noong ika-11 ng Hunyo, ang Presyo ng MATIC gave a decisive breakdown from $0.575 neckline support of descending triangle pattern. Losing this support, altcoin continued on its downward spiral and depreciated 44.65%.  As a result, the extended downfall reached a new 2022 low of $0.332 on June 18th. However, while the crypto market takes a breather from the prevailing downtrend, the MATIC price bounced back from the $0.332 mark with a daily-inside candle.  A gradual rise in volume activity amid the V-shaped recovery indicates a genuine rally. With a 70% volume pump, the MATIC is 7.5% up today and shows a strong breakout from $0.575 resistance.  If MATIC buyers

2022-06-25Industriya

Avalanche Bridge Adds Native Bitcoin Bridging Functionality – crypto.news - BitcoinEthereumNews.com

Bitcoin cryptoAng Avalanche Bridge ay Nagdaragdag ng Native Bitcoin Bridging Functionality – crypto.news06 / 24 / 2022Balita ng Ethereum ng Bitcoin  Avalanche has anounced that its cross-chain bridge will now support native bitcoin. In a blog post that came out on Wednesday, the smart contract platform said that the Avalanche Bridge now has the ability to bridge native bitcoin (BTC).  The new feature was added because Avalanche wanted to unlock more than $500 billion worth of assets on the Bitcoin network. The bitcoin bridge will make it possible for people who own BTC to invest in major DeFi protocols on Avalanche while still keeping their BTC.  The bridge also makes it easy for users to access essential Avalanche tools like the Wallet and Explorer.  The Avalanche Bridge was launched in August 2021 to replace the older Avalanche-Ethereum bridge. It enables the fast and secure transfer of ERC20 tokens between Avalanche and the Ethereum network, much like the old bridge.  However, Avalanche Bridge is five times less expensive than the old Avalance-Ethereum bridge and offers a better user experience.  Since it started, Avalanche Bridge has handled transactions worth more than $50 billion, which has helped the Avalanche DeFi ecosystem grow.  The Avalanche ecosystem currently has a total value

2022-06-25Industriya

Ang mga Balyena na ito ay Nagdagdag ng $986 mln na Worth Of FTX token - BitcoinEthereumNews.com

TeknolohiyaNagdagdag ang Mga Balyena na ito ng $986 milyon na Worth Of FTX token06 / 24 / 2022Balita ng Ethereum ng Bitcoin  Ang Pinakamalaking wallet ng Ethereum (ETH) whale wallet ay namili noong Biyernes. Nagtapos ito sa akumulasyon ng mahigit $986 milyon na halaga ng mga FTX token (FTT).  Ang BlueWhale0079 ay nagdaragdag ng 24 milyong FTX token  Ayon sa whale tracker, ang FTT ay nangunguna sa bilang ng pinakamaraming biniling token ng pinakamalaking 100 ETH whale. Ang wallet na pinangalanang BlueWhale0079 ay nagdagdag ng higit sa $626.5 milyon na halaga ng mga FTX token.  The accumulation of 24 million FTT came in just two transactions. The largest transaction recorded by the tracker was valued at $362.8 million. However, the second transaction worthed $263.7 million. Meanwhile, the “BlueWhale0079” wallet also added $2.11 million worth of UNI tokens.  Another ETH whale named “Bonobo” bought more than $360 milyon na halaga ng mga token ng FTX. This accumulation also came into 2 transactions. As per WhaleStats, the wallet added around 14.09 million FTT tokens. However, the largest transaction recorded was valued at $357.8 million.  Sa aming paghuhukay, ang FTX ay nasa tuktok na lugar bilang pinakamalaking token ayon sa dami ng kalakalan sa huling 24 na oras. Naabot

2022-06-25Industriya

The Small Cap Altcoins That Ethereum Whales Are Bullish On - BitcoinEthereumNews.com

EthereumThe Small Cap Altcoins That Ethereum Whales Are Bullish On06 / 24 / 2022Balita ng Ethereum ng Bitcoin  As the large cap coins have continued to suffer losses, Ethereum whales have now turned their focus to smaller cap altcoins in a bid to try to squeeze out some profit from the bear market. These coins are previously unknown outside of their community niches but these large investors are bringing them to the forefront. Given the movement of whales into Shiba Inu before it peaked, whale holdings in smaller cap coins are proving to be of interest to investors.  What Ethereum Whales Are Holding  A large volume of coins had made their way into the market following the success of meme coins such as Dogecoin and Shiba Inu. As the market winds down and these leading ‘shitcoins’ lose value and appeal to investors, others have floated to the forefront to take their place.  Mga Kaugnay na Pagbabasa | Ang Canadian Purpose Bitcoin ETF ay Nagdusa ng Napakalaking Outflow, Ngunit Ang Iba ay Nagpapatuloy sa Paghina  data mula sa WhaleStats shows that Ethereum whales are not leaving the meme coin craze behind just yet. This is evidenced by their top holdings in the smaller cap altcoins which

2022-06-25Ethereum

ETH Whales Push Uniswap To Key Milestone - BitcoinEthereumNews.com

EthereumETH Whales Push Uniswap To Key Milestone06 / 24 / 2022Balita ng Ethereum ng Bitcoin  The Uniswap token (UNI) made its way to the Whalestats.com top 10 ETH wallets by trading volume in the last 24 hours. UNI is now ranked in the top 10 tokens out of the 100 biggest Ethereum whales purchased, according to the stats.  The token made some impressive progress in three different categories of trading. Making its way up to the top 10 in three different categories. UNI ranked 10th place in the trading volume with an average volume amount of $28,363.  While it ranked 9th in the top 10 purchased tokens with an average amount of $13,127. The token now stands at 7th position in the top smart contracts with an increase of nearly 50% in the past 24 hours.  UNI Price Making Strong Comeback?  On June 19, the UNI price dropped to a low of $3.37, according to CoinMarketCap. Since then, the token regained by around 61% within a space of to hover around the $5.40 mark. As of writing, UNI is trading at $5.46, down 2.25% in the last 24 hours.  Interestingly, the token was trading at the same level around a month ago. After trading around the

2022-06-24Ethereum

Here Are The Next Levels For Zilliqa (ZIL), Ethereum (ETH) and Fantom (FTM) - BitcoinEthereumNews.com

EthereumNarito Ang Mga Susunod na Antas Para sa Zilliqa (ZIL), Ethereum (ETH) at Fantom (FTM)06 / 24 / 2022Balita ng Ethereum ng Bitcoin  After the recent market crash, bitcoin was able to maintain its price of over $20,000 and even rose as high as $21,000. The gains for the altcoins have also been impressive over the last day, with XRP taking the lead after gaining 12 percent in the last 24 hours.  The bulls have been attempting to regain some of BTC‘s lost territory following last week’s severe fall, which resulted in an 18-month low at $17,500 on Sunday. The majority of altcoins are still working to make up for some of their recent losses.  After another 8.5 percent daily climb, Ethereum today appears to be well beyond the $1,200 threshold where it had been struggling for some days.  Michael van de Poppe, a well-known analyst, is evaluating three cryptocurrency assets for possible entry points and laying out his price targets.  Zilliqa  Ang negosyante claim that if enterprise-solution blockchain Zilliqa (ZIL) can establish support above $0.0375, it may break out toward the $0.05 level. Personally, he would target about $0.048 and would be looking at $0.0355 to $0.0375 for longs.  Ethereum  Leading smart contract platform Ethereum is listed

2022-06-24Ethereum

Ethereum Hashrate Plunges Over 10% As Mining Profitability Drops - BitcoinEthereumNews.com

EthereumBumaba ang Ethereum Hashrate ng Higit sa 10% Habang Bumababa ang Kita sa Pagmimina06 / 24 / 2022Balita ng Ethereum ng Bitcoin  Data shows the Ethereum mining hashrate has declined over 10% in the last month as miner profitability has dropped.  Ethereum Mining Hashrate Takes A Dip, Now Only Around 862 TH/s  Gaya ng itinuro ng isang analyst sa isang CryptoQuant magpaskil, factors like the declining ETH price and the coming merge is forcing some miners to disconect their rigs.  Ang hashrate is an indicator that measures the total amount of computing power conected to the Ethereum network.  Generally, higher values of the metric result in better performance of the network. Also, the more decentralized is the hashrate, the stronger is the security of the blockchain.  When the value of this indicator rises, it means miners are finding the ETH network attractive right now as they are bringing more machines online.  Mga Kaugnay na Pagbabasa | How to Get Into Profitable Financial Schemes with Mehracki (MKI), Ethereum (ETH) and Tezos (XTZ)  On the other hand, a lowering hashrate occurs when miners start disconecting from the chain, likely because of decreased profitability.  Now, here is a chart that shows the trend in the Ethereum mining hashrate over the last few

2022-06-24Ethereum

Coinbase Will Suspend Coinbase Pro

Coinbase Global Inc, an American cryptocurrency trading platform, has announced plans to shut down its Coinbase Pro platform before the end of the year.  The exchange stated that the decision was prompted by its combined efforts to redesign how its users interact with its platform in order to provide a more flexible trading ecosystem.  Coinbase said it has developed a new interface, the Advanced Trading Branch, which it said can now be accessed through its main platform, in an effort to cut off its split platforms, which naturally produces friction for customers. While the Coinbase Pro platform will remain available for some customers, advanced traders seeking further intricacy in their charting can now use the Advance Trade branch.  “Many customers rely on Coinbase Pro and Coinbase.com for overlapping sets of features, and often experience friction when transferring balances back-and-forth between the two products,” said Dan Stone, Group Product Manager, and Andrew Herman, Engineering Manager, adding that “to resolve this friction and offer customers the best of both worlds, we have rebuilt the full Coinbase Pro advanced trading experience within the Coinbase mobile app and Coinbase.com. As we continue to add more features to Advanced Trade on Coinbase, we will sunset Coinbase Pro later

2022-06-24Malalim na Pagsisid

Ethereum Struggles Below $1,200 High But Risks Further Decline - BitcoinEthereumNews.com

The price of Ethereum (ETH) is in an uptrend as the bulls try to break the 21-day line SMA. In other words, Ether will rise if the bulls overcome the resistance at $1,194.   Long-term analysis of Ethereum price: bearish  On June 24, 2022, Ether is trading between its current low at $881 and resistance at $1,191. If the bulls overcome the resistance at $1,191, the Ether price could rise to $1,300. On the other hand, if the bears fail to break the recent high or break away from the 21-day line SMA, Ether will fall back to the previous low of $881. That is, after Ether loses the psychological price level of $1,000. . In the meantime, Ether is rising, reaching a high of $1,151 at the time of writing.  Analysis of Ethereum Indicators  Ether is at level 33 of the Relative Strength Index for period 14. The altcoin is in a downtrend as buyers are emerging in the oversold region of the market. The cryptocurrencys price bars are far below the moving averages, indicating a further decline. The cryptocurrency is below the 20% area of the daily stochastic. The altcoin is in the oversold region of the market.  Teknikal na tagapagpahiwatig:  Mga antas ng

2022-06-24Ethereum
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