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Bitcoin & Ethereum Fees Jump Up As Holders Rush To Sell - BitcoinEthereumNews.com

Bitcoin EthereumBitcoin & Ethereum Fees Jump Up As Holders Rush To Sell06 / 14 / 2022Balita ng Ethereum ng Bitcoin　　Data shows both Bitcoin and Ethereum have observed a spike in the transaction fees over the past couple of days as holders have rushed to sell amid the crash.　　Bitcoin & Ethereum Transaction Fees Shoot Up　　Ang bayarin sa transaksyon is an amount that users making transactions on the network have to pay in order to send the transfers through.　　Depending on the crypto network, either part of the transaction fee or the entirety of it goes to the miners (or the validators).　　When there are a large number of transactions happening on the network and the mempool becomes clogged, these miners start prioritizing transactions with the highest fees attached to them.　　In such times, users who want their transfers to go through quicker and not be stuck waiting start putting a higher fee.　　If network activity remains raised, users start paying an even higher fees in order to outcompete the others, thus leading to the network average shooting up.　　Gaya ng itinuro ng isang analyst sa isang CryptoQuant magpaskil, the Bitcoin mean fees per transaction observed a large spike as the cryptos price plummeted down.　　Much like BTC,

2022-06-15Bitcoin

Here’s how long it will take for the bull market to return - BitcoinEthereumNews.com

KabuhayanNarito kung gaano katagal bago bumalik ang bull market06 / 14 / 2022Balita ng Ethereum ng Bitcoin　　Ang Invezz ay hindi nagbibigay ng payo sa pananalapi. Ang aming hangarin ay gawing simple ang impormasyon tungkol sa pamumuhunan, paganahin ang bawat gumagamit na gumawa ng mga edukadong desisyon sa kanilang pera at upang makontrol ang kanilang hinaharap sa pananalapi. Hindi kami responsibilidad para sa mga indibidwal na desisyon sa pamumuhunan, kita, o pagkalugi, at mahalagang tandaan na 67% ng mga bagong negosyante ang nawawalan ng pera.

2022-06-14Industriya

Bitcoin down 70% from all-time high. Why is crypto market crashing? - BitcoinEthereumNews.com

Bitcoin cryptoBumaba ng 70% ang Bitcoin mula sa mataas na panahon. Bakit bumagsak ang crypto market？06 / 14 / 2022Balita ng Ethereum ng Bitcoin　　Cryptocurrencies have been crashing.　　Bitcoin BTCUSD,n -3.21%n plunged to as low as $20,834 late Monday, the lowest level since December 2020 and down about 70% from its all-time high in November. The No.1 cryptocurrency is trading at around $22,389 Tuesday, down 5% over the past 24 hours, according to CoinDesk data.　　Etern ETHUSD,n -1.38%n plummeted to as low as $1,075, down 78% from its all-time high.　　The mayhem comes amid a broad selloffs of risk assets. On Monday, the Dow Jones Industrial Averagen DJIA,n -0.60%n fell almost 900 points, while the S&P 500 indexn SPX,n -0.42%n entered a bear market. The Nasdaq Compositen COMPn + 0.27%n bumaba ng 4.68%.　　What‘s more, investors are fretting over the news that crypto lending platform Celsius paused all withdrawals from customers and transfers between accounts, only one month after blockchain Terra’s collapse shook investors confidence on some crypto projects.　　Still, the majority of the crypto crash “has to do with macro, because crypto markets have been diving down since the latest CPI figure,” which was released on Friday, Gritt Trakulhoon, investment analyst at Titan, said in

2022-06-14Industriya

Bitcoin (BTC) Reaches Historic Support at 200W MA - BitcoinEthereumNews.com

BitcoinNaabot ng Bitcoin (BTC) ang Makasaysayang Suporta sa 200W MA06 / 14 / 2022Balita ng Ethereum ng Bitcoin　　kahapon Bitcoin (BTC) reached one of the most important areas in its history, the 200-week moving average (200W MA). This has only happened 3 times in history so far and has always correlated with a macro bottom in the price of the largest cryptocurrency.　　Bitcoin has been falling since reaching the all-time high (ATH) of $69,000 on November 10, 2021. The decline accelerated from a local peak at $48,200 on March 28, 2022.　　After that, BTC generated 9 consecutive bearish weekly candles and one green candle (orange area). It then continued its decline further and printed another two red weekly candles with over -10% body each (blue arrows).　　Yesterdays daily candle alone had a body of -15.38% and brought the price down to the $21,925 level at the bottom of the wick. This morning, Bitcoin continued its declines, taking it to a mababa sa $ 20,846.　　Tsart ng TradingviewBitcoin reaches 200W MA　　In the chart above, we notice the blue line where Bitcoins decline seems to be currently stopping. This is the 200-week moving average (200W MA) – a level of very high historical significance.　　On the long-term chart,

2022-06-14Industriya

Coinbase CEO Announces 18% Layoff Amid Impending Recession - BitcoinEthereumNews.com

TeknolohiyaCoinbase CEO Anounces 18% Layoff Amid Impending Recession06 / 14 / 2022Balita ng Ethereum ng Bitcoin　　Brian Armstrong – CEO of Coinbase – today anounced his decision to reduce the size of the company‘s team by 18%. Every Coinbase employee has now been issued a letter informing them of whether they’ve been laid off.　　The Bear Market Strikes　　Ayon sa isang blog post from Armstrong on Tuesday, the CEO explained that the recent macroeconomic downturn has forced his company to consider cutting its costs. “We appear to be entering a recession after a 10+ year economic boom,” he predicted.　　Mas maaga sa buwang ito, data from the Atlanta Federal Reserves GDP tracker showed that the U.S. may be on the brink of recession – defined as two consecutive quarters of negative GDP growth. Meanwhile, the market is bracing for further impact from incoming pagtaas ng rate ng interes from the Federal Reserve, which may come faster than expected in response to red-hot inflation.　　These pressures have spurred investors to abandon their positions in perceived “risk assets”, such as tech stocks and cryptocurrency. That‘s bad news for crypto-centric companies like Coinbase, which tend to perform in tandem with the digital asset market. At present, the company’s

2022-06-14Industriya

Tron DAO Reserve Buys $50M BTC, TRX

Tron DAO Reserve announced through Twitter that it bought $50 million worth of Bitcoin and Tron (TRX) to “safeguard the overall blockchain industry and crypto market.”　　Tron DAO Reserve manages algorithmic stablecoin USDD, which went live on the blockchain on May 5. Earlier in June, Tron announced that it would significantly increase the amount of capital backing USDD after witnessing the collapse of Terras algorithmic stablecoin in May, according to The Block.　　The Block reported that Tron DAO Reserve has created a reserve comprising cryptocurrencies and other stablecoins amassing to overcollateralise USDD.　　The reserve has been guaranteed to be maintained at a minimum of 130% of the total amount of USDD in issuance.　　Tron has already begun publishing real-time updates on the collateral ratio on the Tron DAO Reserve website since June 5. The ratio on June 12 was almost 193%.　　Since its launch, the USDD decentralised stablecoin was pegged to the US dollar at a ratio of 1:1 through the Tron DAO Reserve in cooperation with top blockchain institutions.　　The USDD protocol runs on the TRON network with an initial total supply of 100 million. It has been launched on decentralised exchanges such as Sunswap, Sun.io, Curve, Uniswap, Ellipsis, Pancakeswap, and Kyberswap.　　In addition, USDD connects

2022-06-14Malalim na Pagsisid

Binance.US Sued for Selling Unregistered LUNA Securities

Binance.US has been sued in a class-action lawsuit for selling unregistered security tokens from the Terra blockchain protocol.　　The class-action lawsuit was filed in the Northern District of California, dragging the exchange for misleading investors with the sale of LUNA and UST tokens, both of whose collapse led to the loss of over $40 billion of investors money globally.　　The lawsuit, filed by the plaintiffs, represented by law firms Roche Freedman and Dontzin Nagy & Fleissig, blames Binance.USs business model “premised on illegally enabling the sale of unregistered securities to as many US investors as possible, as often as possible.”　　The Plaintiffs are asking for a Jury trial where it deems necessary as the exchange was also accused of promoting the airdrops of tokens in a bid to facilitate trading volume.　　Since the collapse of UST and LUNA, several groups of investors, including those from South Korea, have been plotting lawsuits as they explore avenues to cut back on their losses, despite the emergence of Luna 2.0. 　　In a bid to aid those seeking to explore legal options in pursuit of all parties they deemed guilty in the Terra mishap, Kyle Roche from Roche Freedman posted an update back in May, which seems to

2022-06-14Malalim na Pagsisid

Bitcoin Falls to the Lowest Level since Dec 2020

Bitcoin has fallen to its lowest level for a year and a half, trading around $25,344 at the time of writing, according to data from CoinGecko.　　Prior to that, the cryptocurrency had fallen even further to $24,903.49 - levels not seen since December 2020.　　The dip in the value of Bitcoin shows a loss of more than 62.9% since its all-time high set last November at $69,044.77.　　The overall estimated current market value of the crypto market is around $1.07 trillion, following a loss of $2 trillion eight months ago.　　The crypto market is likely to remain bearish as investors fear that the Federal Reserve (Fed) will be more aggressive with its monetary policy, aggravating the blow from last month when the Fed raised interest rates. Investors worry that the central bank will raise its rates sharply to fight inflation - which is at its highest in 40 years. 　　The fall of bitcoin has also affected other digital currencies. Ethereum, the second cryptocurrency by market value, has fallen to around $1,320, far from the $4,878.26 level from November. The digital currency has lost 72.6% of its value since November 10.　　Meanwhile, two up-and-coming decentralized finance ecosystem tokens Cardano and Solana were down 9.4% and 12.7%

2022-06-14Malalim na Pagsisid

Nakikita ng Tagapagtatag ng BitMex ang Pagpatay Kung Nilabag ng Bitcoin, Ethereum ang Mga Antas na Ito - BitcoinEthereumNews.com

Bitcoin EthereumNakikita ng Tagapagtatag ng BitMex ang Pagpatay Kung Lumabag ang Bitcoin, Ethereum sa Mga Antas na Ito06 / 14 / 2022Balita ng Ethereum ng Bitcoin　　Ang tagapagtatag ng BitMex na si Arthur Hayes ay nagsabi na ang Bitcoin at Ethereum ay maaaring ihanda para sa matinding pagkalugi kung bumaba ang mga ito sa isang partikular na antas.　　Para sa Bitcoin, nakakakita si Hayes ng pagbaba sa ibaba ng $20,000 na nagdudulot ng spot-selling cascade. Nakikita niya ang isang katulad na senaryo na naglalaro para sa Ethereum kung bumaba ito sa ibaba $1,000. Sinabi ni Hayes na ang bukas na interes at pagpoposisyon sa merkado ng mga pagpipilian ay nagtutulak sa kanyang hula.　　Ang Bitcoin ay kasalukuyang nakikipagkalakalan sa paligid ng $22,000, habang ang Ethereum ay nasa itaas lamang ng $1,200. Ang parehong mga token ay sumuko nang husto sa nakalipas na 24 na oras, at malamang na nahaharap sa karagdagang kahinaan.　　Ang mga alalahanin sa pagtaas ng rate ng Federal Reserve sa linggong ito, ang pagtaas ng inflation at potensyal na kaguluhan sa merkado ng mga opsyon ay nagtulak sa kamakailang pagkatalo ng crypto.　　Bakit mahalaga ang $20K at $1K para sa Bitcoin at Ethereum？　　Sa isang Twitter thread, Hayes said that if Bitcoin and

2022-06-14Ethereum

Ethereum developers delay difficulty bomb by two months - BitcoinEthereumNews.com

EthereumInaantala ng mga developer ng Ethereum ang paghihirap na bomba ng dalawang buwan06 / 13 / 2022Balita ng Ethereum ng Bitcoin　　The Ethereum networks long-awaited transition from a proof-of-work network to proof-of-stake is expected to happen with The Merge. Developers on the Ethereum network have anounced they will delay the difficulty bomb for two months to ensure everything goes as planed.　　Ethereum difficulty bomb delayed　　The difficulty bomb is one of the crucial steps leading up to The Merge. It is a process designed to lower the mining profitability so that miners can no longer be incentivized before The Merge happens.　　Tim Beiko, a core Ethereum developer, kilala, “in short, we agreed to the bomb delay. We were already over time, and want to be sure that we sanity check all the numbers before selecting an exact delay and deployment time, but we are aiming for a ~2 month delay, and for the upgrade to go live in late June.”　　Bumili ng Ethereum NgayonAng iyong kapital ay nasa peligro.　　The difficulty bomb increases miners difficulty in verifying transactions on the network, thereby lowering profits. Once the process goes live, it will become impossible for miners to validate transaction blocks. The difficulty bomb was adopted in 2016

2022-06-14Ethereum
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