Pinakabagong Balita sa Crypto at Market Updates

Ethereum $1K price support in danger as Q2 comes to a close - BitcoinEthereumNews.com

EthereumNanganganib ang suporta sa presyo ng Ethereum $1K habang malapit nang matapos ang Q207 / 01 / 2022Balita ng Ethereum ng Bitcoin　　Ang katutubong token ng Ethereum na Ether (ETH) fell on the final trading day of Q2/2022, trading in sync with riskier assets amid persistent fears of higher inflation and pagtaas ng mga rate ng interes. And it could result in further declines heading into Q3.　　ETH price breakdown underway　　ETHs price plunged nearly 5% this June 30 to $1,044 following a four-day losing streak. The ETH/USD pair has also broken below its interim rising trendline support, which in conjugation with a horizontal trendline resistance to the upside, constitutes an “ascending triangle” pattern.　　Ascending triangles are bearish continuation patterns when they occur after a sharp downtrend. Therefore, a breakdown out of an ascending triangle typically results in the price falling further lower, typically by as much as the structures maximum height.　　Ether had been trending inside an ascending triangle since June 13, breaking below the triangle‘s lower trendline on June 29 — a move that accompanied a spike in trading volumes, confirming traders’ conviction about a further downtrend.　　As a result, ETH‘s downside target in Q3, led by the ascending triangle setup, comes to be

2022-07-01Ethereum

Ethereum Classic: These levels could be the demand zone next week - BitcoinEthereumNews.com

Pinagmulan: ETC / USDT sa TradingView　　On 12 May, ETC dropped from $20 to $16 and managed to bounce to $21 on 13 May. This highlighted the entire area between $16-$18 as a strong demand zone. From this zone, ETC was able to see a large bounce.　　Pinagmulan: ETC / USDT sa TradingView　　The Relative Strength Index (RSI) on the 12-hour chart has struggled to stay above the neutral 50. In the past two months, every foray above this level was an unenthusiastic adventure. The RSI was far more inclined to go southward. This suggested a bearish trend was dominant in recent months.　　The On-Balance Volume (OBV) also found it hard to push higher and has slowly slipped lower to make a series of lower highs like the price. This indicated high selling volume and a lack of strong demand to reverse the downtrend.　　The Chaikin Money Flow (CMF) has been above the +0.05 mark in recent days to show the influx of significant capital into the market. However, it too turned southward as of 29 June.　　Konklusyon　　Considering Ethereum Classics scenario on the price charts, another push downward appeared likely. The selling pressure was mounting once more, and the momentum remained bearish on the higher timeframes.

2022-07-01Ethereum

ETH Eyes $1K Following 9% Daily Drop, Will it Hold? (Ethereum Price Analysis) - BitcoinEthereumNews.com

EthereumETH Eyes $1K Following 9% Daily Drop, Will it Hold？ (Ethereum Price Analysis)06 / 30 / 2022Balita ng Ethereum ng Bitcoin　　The bears returned to the market. The past weeks short-term uptrend is going to an end as buyers failed to maintain control over the market. Although the indicators are in the oversold zone, there is no sign of a reversal.　　Teknikal na Pagsusuri ng　　By Kulay-abo　　Ang Pang-araw-araw na Tsart　　Looking at the ROC 30D indicator in conjunction with the baseline (zero), there are two horizontal lines visible on the daily chart:　　The green line at 15 (bullish zone)　　The red line at -15 (bearish zone)　　Looking at previous uptrends, it is clear that a bullish trend starts when the indicator enters into the bullish zone (or above the yellow dot lines). The downtrend has also intensified and lengthened as the indicator gained momentum in the bearish zone.　　At the moment, there are no signs that signal the downtrend to be over and the indicator has reached its lowest level after the Covid crash.　　To determine a reversal or at least attempts of reversal, the indicator should gradually move up and break the red and white lines.　　Mga Pangunahing Mga Antas ng Suporta: $ 900 CryptoQuant　　Given that Coinbase is indicative

2022-07-01Ethereum

Dark Days Ahead For Bitcoin, Claims This Well-Known Analyst - Coinpedia - Fintech & Cryptocurreny News Media - BitcoinEthereumNews.com

BitcoinMadilim na Araw Para sa Bitcoin, Inaangkin ang Kilalang Analyst na Ito – Coinpedia – Fintech at Cryptocurreny News Media06 / 30 / 2022Balita ng Ethereum ng Bitcoin　　Prominent crypto analyst Tone Vays is seen alerting that Bitcoins (BTC) current market behavior is not promising.　　Through his new video, Vays informs his 121,000 Youtube admirers that Bitcoins technical index points out that the King currency may be in danger.　　Tone Vays begins his analysis with weekly candles which he calls a horrific candle. He says that amidst a fresh bottom dip, every little thing is begining to appear bad. The analyst also feels a fresh weekly low close is really negative. The weekly shift, which is lower than the previous weeks low, is also quite negative.　　Vays goes on to mention the Moving Average Convergence Divergence (MACD), which tracks the velocity of two moving averages. Then he quotes MACD as ugly as well.　　The Relative Strength Index (RSI), which measures the velocity and intensity of price moves, is then highlighted by Vays. Whenever the RSI rises above 70, it is termed as overbought, and if it falls under 30, it is deemed as oversold.　　RSI Hits Its All-Time Low　　The strategist asserts that on a weekly graph,

2022-07-01Bitcoin

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

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