BTC: Want to time the bottom? These bull traps, fake pumps might help - BitcoinEthereumNews.com

BitcoinBTC: Gusto mong i-time ang ibaba? Ang mga bull traps, fake pump na ito ay maaaring makatulong06 / 16 / 2022Balita ng Ethereum ng Bitcoin  Bitcoiners have been active in recent days following the latest crypto crash. The 3AC and Celsius liquidations have been attributed to the major price drops. In fact, the on-chain metrics of Bitcoin have been showing some interesting developments of late.  “Buy or bye”  Phrases like “buy or bye” and “buy the dip” become a whole theme around crypto crashes. But the ‘dips’ are becoming rangy in recent months with the Russian invasion and Chinas lockdowns. Thus, creating a weak global economy. At the start of the year, Bitcoin was trading around $48k, while currently struggling to hold the $21,500 mark.  Nonetheless, traders have been active even in recent market conditions but theres a catch here. The latest fall in prices has created a polarizing situation among investors who hit a new record this week.  As per Santiment, Bitcoins daily token circulation hit a 4.5-year high on 13 June. 497,680 unique tokens were moved to start the week. It, thus, indicated the divisive nature of trading that is currently in focus.  Now, there are two schools of thought here with one group

2022-06-17Industriya

Bitcoin, Ethereum, Tron, and Avalanche Daily Price Analyses – 16 June Roundup - BitcoinEthereumNews.com

Bitcoin EthereumBitcoin, Ethereum, Tron, at Avalanche na Pang-araw-araw na Pagsusuri sa Presyo – 16 June Roundup06 / 16 / 2022Balita ng Ethereum ng Bitcoin  The global crypto market hasn‘t been able to see good times as it has continued to shed value. The global change has continued to impact Bitcoin and other coins’ performance. The losses have continued to increase instead of decreasing, which has weakened the market further. If the current situation persists, the market might see another crash, as it is in a free-fall state.  The losses for the crypto market have also had impacts on NFTs and other digital assets. One of the main victims of the ongoing situation was the Bored Ape Yacht Club which suffered a tremendous decrease in value. According to available data, its price decreased 53% from its all-time high in May 2022. However, it has regained dominance on OpenSea, according to available data on nftpricefloor dot com.  It might continue to face problems as the business for various services and asset providers in the crypto market has been affected. The changing scenario for the market means further losses as there are various factors that have continued to erode the market value.  Narito ang isang maikling pangkalahatang-ideya

2022-06-17Industriya

Ang Beteranong Crypto Trader At Analyst na si Peter Brandt ay nagsabi na ang $20k na Presyo Para sa Bitcoin ay Maaaring Magbigay ng Relief Rally - BitcoinEthereumNews.com

Bitcoin cryptoAng Beteranong Crypto Trader At Analyst na si Peter Brandt ay nagsabi na ang $20k na Presyo Para sa Bitcoin ay Maaaring Magbigay ng Relief Rally06 / 16 / 2022Balita ng Ethereum ng Bitcoin- Advertising -  Ang Beteranong Crypto Trader At Analyst na si Peter Brandt Isipin na ang Bitcoin na may hawak na $20K ay maaaring magbigay ng relief rally.  Dahil sa kanyang on-point na mga hula, ang pangalan ni Peter Brandt ay nasa mga headline ng crypto nitong huli. Kamakailan lamang, hinulaan niya ang pagbagsak ng Ethereum sa $1k na hanay ng presyo, at ito ay nangyari.  Pagkatapos, Naging bearish si Peter sa Bitcoin, na nagsasabi na ang barya ay maaaring mahulog hanggang sa $13k na hanay. Ang mga kaganapan sa merkado ng mga huling araw ay tila gumagana patungo sa kanyang target.  Ngayon, nagpadala siya ng isa pang analytical na tweet at sinasabing ang nakaraang ATH ng Bitcoin noong 2017 ay maaaring nasa retest. Sa ngayon, ang Bitcoin ay nakikipagkalakalan sa humigit-kumulang $20,890, mas mababa sa $1k na nahihiya sa 2017 ATH.  Ang retest na $20,000 at 2017 mataas ay maaaring magbigay ng relief rally $ btc. Pero tandaan — relief rally lang pic.twitter.com/rQ3O8Is7Bt  - Peter Brandt (@PeterLBrandt) Hunyo 16, 2022  Isang Retest

2022-06-17Bitcoin

Percentage of Ethereum Addresses Profiting from Their Positions Drops to Multi-Year Low - BitcoinEthereumNews.com

Alex Dovbnya  Most Ethereum buyers are underwater as the largest altcoin plunges 77% from its record high  Ang porsyento ng Ethereum addresses in profit has plunged to the lowest level since April 2020, according to data provided by cryptocurrency analytics platform IntoTheBlock.  The price of Ether slipped to $1,014, the lowest level since late January 2021 on the Binance exchange.  As reported by U.Today, Galaxy Digital CEO Mike Novogratz predicted that the $1,000 level would hold.  With that being said, it is worth noting the leading altcoin collapsed by a whopping 94% during the 2018 bear market, which means that bears could push it much lower if history repeats itself this time around.  T3 Trading Groups Scott Redler, who accurately predicted that Ether would drop below the $1,400 level, says that he had bids down all the way to $720.  Prominent cryptocurrency trader Scott Melker recently tweeted about buying more Bitcoin and Ether for the “long bags.”  Ethereum captured the spotlight in 2021 because of its sprawling decentralized finance ecosystem and the non-fungible token mania. Yet, the cryptocurrency has seemingly lost its luster this year, underperforming Bitcoin.  DefiLlama data shows that Ethereums total value locked (TVL) has plunged by 30% within just a week.  The overall sentiment is also turning

2022-06-17Ethereum

Rebranded Samsung Wallet Now Supports Secured Storage of Bitcoin, Ethereum, Digital keys, IDs And More - BitcoinEthereumNews.com

Bitcoin EthereumRebranded Samsung Wallet Now Supports Secured Storage of Bitcoin, Ethereum, Digital keys, IDs And More06 / 16 / 2022Balita ng Ethereum ng Bitcoin- Advertising -  Samsung has relaunched one of its flagship applications, adding improved features such as crypto support.   Popular tech company Samsung has anunsyado the relaunch of its digital storage solution dubbed Samsung Wallet, an initiative that securely stores your digital properties, including IDs, membership cards, payment cards, as well as for cryptocurrencies.  According to a press release, the Samsung Wallet is a rebranded version of existing Samsung applications, including Samsung Pay and Samsung Pass.  With the app, cryptocurrency enthusiasts using Samsung devices can now conveniently store crypto assets such as Bitcoin and Ethereum directly from their devices.  Samsung Wallet Relaunch with Improved Features  Recall that Samsung Wallet went live in 2013, but was replaced by Samsung Pay in 2015. Now, developers behind the company have opted for a rebirth of the Samsung Wallet; however, the Samsung team has decided to integrate numerous features into the application in a bid to keep its users safe and secure.  Samsung Wallet has been improved to carry out more functions like integrating with SmartThings, thus allowing the possibility of storing digital home and automobile keys.  Furthermore, Samsung

2022-06-16Ethereum

Ankr Adds Ethereums L2 Optimism to its Platform Stack - BitcoinEthereumNews.com

Vladislav Sopov  One of Ethereums most popular Layer 2 scaling solutions, Optimism, is now available for Ankr clients  Nilalaman  Ankr becomes RPC provider for Ethereums Optimism  Public and premium RPCs now available for Optimism devs  With the new L2 protocol integrated, Ankrs stack of RPC endpoints strengthened its position as one of the leaders of the Blockchain-as-a-Service (BaaS) segment.  Ankr becomes RPC provider for Ethereums Optimism  Ayon sa opisyal na anunsyo na ibinahagi ng Ankr team, it has added endpoints to Optimism (OP), an Ethereum-based Layer 2 network, to its blockchains stack.  Imahe sa pamamagitan ng Ankr  With this partnership, Ankr supports 17 leading blockchain networks in Web3, including Ethereum, BNB Chain, Solana and Avalanche.  Previously, Ankr integrated another Ethereum-based scalability solution, Arbitrum. Both Optimism and Arbitrum allow decentralized applications to use the Ethereum (ETH) network in a faster and more resource-efficient maner.  Ads  Matthew Slipper, head of engineering at OP Labs, the development studio behind Optimism solutions, highlights that Ankrs long-term vision is aligned with that of his team:  Apps and integrations choose to build in the Optimism ecosystem because they feel aligned with our values and culture and appreciate the tooling and technical options available to them. In response to requests from our community, were excited to offer Ankr as an

2022-06-16Ethereum

Ethereum Plunges to $845 for Second as Liquidity on Uniswap Remains Problematic - BitcoinEthereumNews.com

Arman Shirinyan  Someone could potentially buy second largest cryptocurrency on market with 15% discount  Once again, Ethereum took a massive plunge down because of the lack of liquidity on the Uniswap decentralized trading platform, as anonymous investors exchanged almost 1,300 ETH for $1.1 million in the pares ng kalakalan.  This is not the first time Uniswap faced issues with liquidity. Recently, the WETH trading pair fell to $950 despite the average market price of Ether being far above $1,000. The main reason behind it is the lack of liquidity on Uniswap because of its decentralized nature.  According to Dex Screener, the price of Uniswap V3 WETH/USDT once fell to $845.911 at 17:27(UTC+8), and has now returned to normal. There are large investors who exchanged 1,292ETH for 1,092,907USDT in this trading pair. https://t.co/Y5a79iYdxX  - Wu Blockchain (@WuBlockchain) Hunyo 15, 2022  The liquidity on the trading pair is being provided by other users who receive rewards for it. The process of market making is controlled by the AMM system. Unfortunately, it sometimes canot cover the existing demand coming from large investors.  Some cryptocurrency whales used the lack of liquidity to their advantage by pushing the price of the wrapped asset lower than the market offering and then purchasing the

2022-06-16Ethereum

GPU mining could eventually be profitable after Ethereum moves to proof of stake - BitcoinEthereumNews.com

EthereumGPU mining could eventually be profitable after Ethereum moves to proof of stake06 / 16 / 2022Balita ng Ethereum ng Bitcoin???? Gusto mo bang magtrabaho sa amin? Ang CryptoSlate ay kumukuha ng ilang posisyon!  Ethereum is by far the pinaka sikat cryptocurrency for GPU miners. However, there is little time left for Ethereum in its proof-of-work state. It moves to proof-of-stake later this year when it merges with the beacon chain.  What will happen to GPU miners, and where will the hashing power end up? There are plenty of options, but will any of them be profitable following a considerable increase in hashrate?  Source: f2poolThe Ethereum Merge  The decline in crypto markets has made even mining Ethereum unprofitable for many miners. However, after Ethereum moves to proof-of-stake, GPU miners will no longer be able to mine Ethereum. With the price decline, the increase in energy costs, and the merge date drawing closer, the hashrate of the Ethereum network has dropped dramatically.  A reduction in hashrate causes the mining difficulty to decline, thus making GPUs more efficient. Yet, the 10% decrease has done nothing to cover the other factors driving the profitability of Ethereum mining to fall.  Source: Coinwarz  This information suggests that miners are turning off their

2022-06-16Ethereum

Ang Staked Ethereum (stETH) ay Bumababa sa $1K Habang Dumadami ang ETH Liquidations - BitcoinEthereumNews.com

EthereumAng Staked Ethereum (stETH) ay Bumababa sa $1K Habang Lumalakas ang Mga Liquidation ng ETH06 / 15 / 2022Balita ng Ethereum ng Bitcoin  Ang Lido Staked Ethereum (stETH), isang pangunahing salik sa patuloy na pag-crash ng crypto, ay lumawak ang lamat nito sa Ethereum at bumaba sa ibaba $1,000 noong Miyerkules.  Bumaba ang stETH sa kasing baba ng $959.77, bago bumawi sa mas mataas ng kaunti sa $1,000 sa mas malawak na pagbawi ng crypto market. Lumilitaw din ang paglipat na na-liquidate ang ilang mga posisyon sa Ethereum, na may humigit-kumulang $51 milyon na mga liquidation na nangyayari sa nakalipas na apat na oras.  Ang collateralization ng stETH ng beleaguered lender Celsius at hedge fund Three Arrows Capital ay naging pangunahing dahilan sa likod ng papel ng token sa patuloy na pag-crash ng crypto.  A drop in stETHs value caused positions held by Celsius and Three Arrows to be liquidated, forcing the two to dump their holdings on the open market.  Ang stETH de-pegging ay isang banta pa rin  Habang ang token ay nakabawi na ngayon sa itaas ng $1000, anumang karagdagang pagkalugi sa stETH ay nagpapakita pa rin ng banta sa mga crypto market. Ang paggamit nito bilang collateral sa paghiram ng ETH ay ang

2022-06-16Ethereum

Ethereum RSI Indicator Shows First Bullish Signal Since Market Sell-Off, Aiming at Reversal from $1,090 - BitcoinEthereumNews.com

Arman Shirinyan  Ether is showing first signs of reversal as divergence appears on intraday chart  The sell-off on the cryptocurrency merkado caused billions worth of losses for retail and institutional investors who held Bitcoin and other cryptocurrencies. But Ethereums performance was arguably one of the worst cases all over the market, considering its capitalization and liquidity.  Despite the catastrophic technicals and macros of Ethereum, we are seeing the first sign of a potential short-term reversal, the Relative Strength Index suggests. The price indicator divergence is quite often used to determine short-term reversal points at the end of each rally.  Source: TradingView  In the current Ethereum case, the cryptocurrencys price is nagpapakita quite a strong divergence with the indicator on a four-hour timeframe. The daily timeframe, unfortunately, has no signals that may suggest that the mid-term reversal is around.  The divergence with the indicator had been forming since June 13.  Ads  Macro data remains alarming  The main driver of the current downward rally is the negative macro data that includes massive volumes of liquidations on spot, derivatives and lending markets. With most investors being likido, no new funds are hitting the market, leaving it with nothing but strong selling pressure.  The last two weeks were the hardest for Ethereum in a

2022-06-16Ethereum
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