Pinakabagong Balita sa Crypto at Market Updates

Ethereum Name Service Price Prediction: ENS Encounters a Resistance - BitcoinEthereumNews.com

Ethereum Name Service (ENS) Price Prediction – June 6nThere hasnt been a significant upward force in the RNS/USD market operations to suggest a favorable trading condition toward increases in the crypto=economic valuation as price encounters a resistance. On approximation, the price trades around $12 at a percentage rate of 7.58 positive.　　ENS Price Statistics:nENS price now – $11.84nENS market cap -$240 millionENS circulating supply – 20.2 millionENS total supply – 100 millionRanggo ng Coinmarketcap – #131　　ENS/USD Market nKey Levels: nMga antas ng paglaban: $ 15, $ 17, $ 19nMga antas ng suporta: $ 7, $ 5, $ 3n　　ENS/USD – Daily Chart nThe ENS/USD daily chart reveals the crypto-economic price encounters a resistance around the trend line of the 14-day SMA indicator underneath the 50-day SMA indicator. The horizontal line is underneath the formation of trading candlesticks. And the bearish trend line above the SMAs shows the business activities feature within a descending triangular pattern until the present. The Stochastic Oscillators are a bit below the 80 range, trying to cross northbound.　　Will the ENS/USD market bulls push past the 14-day SMA trend line in the near time？　　Kasalukuyan, ang ENS/USD market operation encounters a resistance around the trend line of the 14-day SMA

2022-06-07Ethereum

Ethereum Ropsten Now Ready to Transition to Proof of Stake - BitcoinEthereumNews.com

EthereumAng Ethereum Ropsten Ngayon ay Handa nang Lumipat sa Proof of Stake06 / 06 / 2022Balita ng Ethereum ng Bitcoin　　According to recent Github data, Ethereum‘s testnet Ropsten seems ready for the Merge experiment. As earlier shared by Ethereum core developer Tim Beiko, the Ethereum network’s longest-lived PoW testnet is moving to proof of stake with the Merge expected around June 8 on the network.　　Ethereums longest-runing PoW testnet is transitioning to proof of stake, as Ethereum core developer Tim Beiko previously anounced, with the Merge scheduled for June 8 on the network.　　The launch of the Beacon Chain on the Ropsten test network marked a huge milestone for Ethereum as it continues to set the basis for its much-anticipated switch to proof of stake (PoS; testnet).　　The Beacon Chain is a proof-of-stake network that runs alongside Ethereum‘s mainet, which is proof of work. It acts as a test bed for Ethereum’s impending shift in the consensus mechanism, which will see the two chains “merge” to form a single PoS network.　　Pagkilos ng presyo ng Ethereum　　Since the start of 2022, Ethereum (ETH) has lost about 50% of its value, while also losing ground versus Bitcoin (BTC). Since mid-May, Ethereum has been trading below the $2,000

2022-06-06Ethereum

Philip Martin Loses $165K in Ethereum Following Hack of His Coinbase Account - BitcoinEthereumNews.com

EthereumPhilip Martin Loses $165K in Ethereum Following Hack of His Coinbase Account06 / 06 / 2022Balita ng Ethereum ng Bitcoin　　Philip Martin is the latest person to lose quite a bit of crypto after his Coinbase account was taken over by cyberthieves.　　Philip Martin Loses His Ethereum Stash　　Before Christmas last year, Martin thought he was logging into his account, though as it turned out, hackers had thwarted the URL and changed it ever so slightly to the point that his computer and web browser didnt even notice.　　He was prompted to enter his login information and password, and the hackers then had what they needed to make off with his personal stash. Overall, the thieves stole approximately $165K in Ethereum from Martins account.　　In an interview, Martin detailed the horror hes been experiencing since the attack. He mentioned:　　It‘s been very frustrating. I’ve had panic attacks.　　Given that all Ethereum transactions are recorded to a public ledger, he was able to trace the stolen crypto and even reported the incident to his local Federal Bureau of Investigation (FBI) branch but adding insult to injury was the message he got from the branch claiming the amount lost was not big enough for agents to open an investigation.　　An

2022-06-06Ethereum

Ethereum Single-Day Liquidations Reach Three-Year High As Price Breaks $1,900 - BitcoinEthereumNews.com

EthereumAng Ethereum Single-Day Liquidations ay Umabot sa Tatlong Taon na Mataas Habang ang Presyo ay Humihigit sa $1,90006 / 06 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum is back on another wining streak as it breaks above $1,900. This follows a weekend that was mostly characterized by low momentum but would eventually turn for the better. In the wake of this, there have been a lot of short liquidations in the market due to the recovery. However, the liquidations in Ethereum hit a new three-year high when thousands of short positions were liquidated on the Bitfinex cryptocurrency exchange.　　Bitfinex Short Liquidations Grow　　The Bitfinex crypto exchange is one of the largest exchanges in the world and is highly favored by both amateur and professional traders. This is why liquidation volumes are oftentimes pronounced on the platform. However, Mondays liquidations would pose a new record for the market given that Ethereum liquidations alone had surged past $600 million.　　Mga Kaugnay na Pagbabasa | Nangibabaw ang Bitcoin sa Derivatives Market Upang Tapusin ang Mayo Sa Mataas na Tala　　This pushed the digital asset into the largest daily liquidations in three years. In total, there were more than $690 million in Ethereum shorts liquidated across various exchanges. Shorts

2022-06-06Ethereum

JP Morgan CEO Says More Pain Ahead For Bitcoin, Ethereum, Cardano Investors - BitcoinEthereumNews.com

Bitcoin EthereumJP Morgan CEO Says More Pain Ahead For Bitcoin, Ethereum, Cardano Investors06 / 06 / 2022Balita ng Ethereum ng Bitcoin　　The decline of the crypto market has been expected, especially for top digital assets such as Bitcoin, Ethereum, and Cardano. The fall has hit the market hard, especially with the collapse of one of the leading DeFi protocols, the Terra network. However, JP Morgan CEO, Jamie Dimon, believes that it is only begining. Despite the market is more than 50% down from its all-time high, the bank executive says there are worse roads ahead.　　JP Morgan CEO Says Brace For Impact　　Jamie Dimon has not been the best supporter of cryptocurrencies. Nevertheless, the bank which he heads as CEO, JP Morgan, has been easing its stance towards digital assets and has moved forward with various plans to provide its customers with cryptocurrency trading options. With the crypto market and given that there is now exposure to the market to a certain degree, Dimon has come forward to explain that the bank is expecting more decline.　　Mga Kaugnay na Pagbabasa | Bear Market Outlook: Mga Pampublikong Kumpanya sa Pagmimina ng Bitcoin At Ang Kanilang Pagkakakitaan　　The CEO made the stance known at a financial services

2022-06-06Ethereum

Coinbase is Safest Crypto Exchange Overall: BrokerChooser

Coinbase is the safest among all cryptocurrency exchanges globally in 2022, according to research by BrokerChooser.　　The largest crypto exchange in the US by trading volume is well known for its robust security features, according to the research.　　On a scale of 5, Coinbase received 4.1 for the overall safety score. The exchange was also ranked as a tier 1 for other sub-categories.　　While FTX US Derivatives was second with a score of 4.0 and Bitstamp was third with a score of 3.8.　　BrokerChooser analysed the largest cryptocurrency exchanges on four main pillars: regulation, consumer protection, market fairness and transparency to reveal the safest exchanges for investors.　　In terms of safest exchanges for regulation, FTX US Derivatives, Gemini and Kraken Futures shared the top spot with an overall score of 5 on a scale of 5, BrokerChooser revealed.　　The research also revealed that the least safe exchange for regulation was Kucoin and Bybit, with an overall score of 1 each.　　In the safest exchange for consumer protection category, Gemini led the table with a 4.8 score out of 5. 　　The research revealed that Gemini has a high level of protection for both crypto and fiat holdings, and the exchange has not experienced a hacking incident in the

2022-06-06Malalim na Pagsisid

Was it a lot of May-hem for OpenSea Ethereum and Polygon last month - BitcoinEthereumNews.com

EthereumWas it a lot of May-hem for OpenSea Ethereum and Polygon last month06 / 06 / 2022Balita ng Ethereum ng Bitcoin　　As the actual utility of Non Fungible Token (NFTs) projects comes under intense scrutiny, recent data suggests dwindling interest in the space. Especially in comparison to the explosive growth and attention the NFT space saw last year. The rug pulls, scams, and more importantly, the cryptocurrency bloodbath, have all led to falling interest in the space.　　Openea, the worlds most popular NFT marketplace, appeared to have recorded new lows last month when compared to its performance in April. Opensea Ethereum and Opensea Polygon noted a crippling decline in performance last month in comparison to what was recorded in April.　　Lets take a look at recent data from Dune Analytics.　　Collectors did not collect much　　Ayon sa data from Dune Analytics, Opensea Ethereum registered a decline in its transaction volume in May. With a transaction volume of $2.59B registered last month, a 25% decline was observed from figures of $3.48B in the month of April.　　Pinagmulan: DuneAnalytics　　Similarly, transaction volume on Opensea Polygon registered a decline. With a transaction volume of $39.99M recorded in April, the $26.80M for May represented a 27% decline.　　Pinagmulan: DuneAnalytics　　Also marking a drop

2022-06-06Ethereum

Host of Coin Bureau Says He’s Confident in Ethereum Rival Solana (SOL) Despite Recent Outages – Here’s Why - BitcoinEthereumNews.com

crypto EthereumAng Host ng Coin Bureau ay nagsabi na Siya ay Tiwala sa Ethereum Rival Solana (SOL) Sa kabila ng Mga Kamakailang Outage – Narito Kung Bakit06 / 06 / 2022Balita ng Ethereum ng Bitcoin　　The host of YouTube crypto chanel Coin Bureau remains confident in Solana (SOL) regardless of uncertainties spurred by the smart contract platforms recent outages.　　In a discussion on crypto chanel Digital Asset News, the pseudonymous analyst known as Guy shares his thoughts on SOL as the Ethereum rival continues to dip in price.　　“I think Solana still has legs. It‘s still in beta. I see these outages as battle testing of the network. They’re concerning. They‘re not a good look. It’s not something we like to see, but every blockchain has its own weak points, its own failings and these outages seem to be Solanas.”　　Guy believes that Solana will overcome these setbacks because of its strong ecosystem of developers and investors backing it.　　I‘m confident because they’ve got an enormous amount of backing. They‘ve got a heck of a lot of developers working on it. Apparently, it’s actually quite difficult. It‘s one of the trickier ones to actually develop on. I think [Solana founder] Anatoly said it’s a bit

2022-06-06Ethereum

Experts Suggest Merely Tokens Might Survive after LUNA's Collapse

With the current drastic plunge, investors have been concerned about the future of cryptocurrencies. Several industry experts had a recent conversation with CNBC media where they tried to explain the outlook of the crypto market.　　Most market experts agree that many of the currently existing 19,000 cryptocurrencies and dozens of blockchain platforms will disappear in the coming years.　　While Scott Minerd, Guggenheims Chief Investment Officer, admitted that most cryptocurrencies are junk, he suggested Bitcoin and Ethereum would survive.　　Brad Garlinghouse, CEO of cross-border blockchain payments company Ripple, mentioned that there would likely be mere “scores” of cryptos that remain in the future. “I think theres a question about whether or not we need 19,000 new currencies today. In the fiat world, there are maybe 180 currencies,” the executive said.　　Bertrand Perez, CEO of the Web3 Foundation, pointed out that the recent fall in the prices indicated a huge drawback to the market. The collapse of “stablecoin” called TerraUSD and associated digital token Luna, rejuvenated discussion of whether thousands of cryptocurrencies in existence will all survive.　　“One of the effects of what we‘ve seen last week with the Terra issue is we’re at the stage where basically there are far too many blockchains out there, too

2022-06-06Malalim na Pagsisid

OpenSea’s Ethereum volume plummets 25% as global NFT interest plunges - BitcoinEthereumNews.com

Ethereum Mga NFTAng dami ng Ethereum ng OpenSea ay bumagsak ng 25% habang ang pandaigdigang interes ng NFT ay bumagsak06 / 06 / 2022Balita ng Ethereum ng Bitcoin　　Data from Dune Analytics shows that OpenSeas Ethereum volume in May turned out lower than the previous month, which somewhat suggests that Ethereum may be losing the steam on NFTs or a general downtrend in the market.　　OpenSea records 25% volume drop　　Ayon sa data from Dune Analytics, the largest Mga NFT marketplace recorded a monthly volume of $2.596 billion for Ethereum-based NFTs traded in May. This, however, represents about a 25.5% decrease from the previous record in April.　　imahe 125　　OpenSeas Ethereum monthly volume has been dropping since the begining of the year. Starting in January, the volume declined for three consecutive months. The losing steak was broken in April, as the total NFTvolume traded was reported at $3.487 billion, a 28% increase from the record in March.　　These records can be related to the declining price of Ether (ETH), which is the primary cryptocurrency with which the NFTs are priced. ETH is down over 48% year-to-date, which reduces the overall USD value of the volume traded for the months.　　Besides ETH price, the monthly Ethereum active users

2022-06-06Ethereum

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