Pinakabagong Balita sa Crypto at Market Updates

Top Crypto Analyst Pinpoints Date on Bitcoin and Crypto Turnaround - BitcoinEthereumNews.com

Bitcoin cryptoNangungunang Crypto Analyst Pinpoints Date sa Bitcoin at Crypto Turnaround06 / 03 / 2022Balita ng Ethereum ng Bitcoin　　A widely followed crypto strategist says one crucial metric can help accurately call Bitcoin (BTC) market bottoms.　　Pseudonymous na mangangalakal na Rekt Capital nagsasabi his 311,400 Twitter followers that BTCs Relative Strength Index (RSI) is mirroring levels reached in January 2015, December 2018 and March 2020, signaling a bounce might be on the horizon for the top crypto asset by market cap.　　BTC is approaching the RSI Bear Market Bottom area once again. When could it take place in this cycle？　　It took 1,461 days for the 2018 Bear Market Bottom to form after the 2015 BMB.　　If the same symmetry repeats, the upcoming BMB will occur in January 2023.　　Source: Rekt Capital/Twitter　　Ang RSI ng asset ay isang momentum indicator na sumusukat sa mga kamakailang presyo upang matukoy kung ito ay oversold o overbought sa isang partikular na timeframe.　　Ang susunod na mangangalakal regalo a scenario where the bear market bottom arrives two months earlier in November and cites Bitcoins halving which happens every four years as the reason.　　There is a chance that the BTC RSI Bear Market Bottom takes place a little sooner than January 2023.　　And this

2022-06-03Bitcoin

Top Bank CEO Warns Worse Is Yet To Come For Bitcoin, Ethereum, Cardano, and Ripple - BitcoinEthereumNews.com

Bitcoin EthereumTop Bank CEO Warns Worse Is Yet To Come For Bitcoin, Ethereum, Cardano, and Ripple06 / 03 / 2022Balita ng Ethereum ng Bitcoin- Advertising -　　JPMorgans CEO believes cryptocurrency investors will experience more price crashes.　　Despite the underperformance of the global cryptocurrency market in the past month that crashed the prices of the top 10 digital currencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Cardano (ADA), JPMorgan CEO still believes the worst is yet to come.　　JPMorgan CEO: Crypto Prices Will Dip　　Jamie Dimon, the CEO of JPMorgan, has warned cryptocurrency investors of upcoming market volatility that will be ushered in by an economic hurricane expected to be introduced by the Federal Reserve.　　Speaking at a financial services conference organized by Autonomous Research this week, Dimon noted that investors of the top 10 cryptocurrencies need to prepare themselves for the massive volatility that will hit the nascent market when the Feds begin its so-called quantitative tightening,　　According to the JPMorgan exec, while it is imperative for crypto investors to prepare themselves for the upcoming market volatility, the U.S.-based financial institution has also braced itself in preparation for what is to come.　　You better brace yourself. JPMorgan is bracing ourselves and were going to be very conservative

2022-06-03Ethereum

KuCoin Rolls Out Decentralized Crypto Wallet to Aid Web3.0 Exploration

As the gateway to explore and discover the Web3.0 world, KuCoin, a Seychelles-based crypto exchange, has rolled out a decentralized product dubbed KuCoin Wallet.　　KuCoin Wallet offer crypto services to users with GameFi, decentralized finance (DeFi), and non-fungible tokens (NFTs) functions for a convenient experience in the Web3.0 space. 　　Johnny Lyu, KuCoins CEO, explained:　　“As the gateway to the Web 3.0 network, crypto wallets are an important requirement for users to participate in the decentralized ecosystem and have developed beyond a mere tool to store digital assets. The launch of the official website of KuCoin Wallet is additional proof that shows the determination of KuCoin to enter the Web 3.0 field at a critical time.”　　The exchange sees the wallet as a stepping stone towards more investments in the Web3.0 sector.　　Jeff Haul, the head of KuCoin Wallet, noted:　　“KuCoin always hopes to better cater to the needs of all classes of investors. The release of the official website of KuCoin Wallet is one step further for KuCoin to make an exploration in Web 3.0.”　　KuCoin said its wallet supports multi-chain aggregation powered by the KuCoin ecosystem. It allows users to create a decentralized account for Web 3.0 in seconds and send, receive, and store BTC,

2022-06-03Malalim na Pagsisid

This is Where Ethereum (ETH) Prices Can Mark Their Lows in the Current Cycle - BitcoinEthereumNews.com

EthereumThis is Where Ethereum (ETH) Prices Can Mark Their Lows in the Current Cycle06 / 03 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum prices are said to be pretty consistent and steady amid the negative market conditions. Apart from the external factors that drag the market to its knees, everyday trade impacts the ETH price with less intensity. However, after constant rejections at $2000 earlier and $1800 now, weather the second-largest asset slowly squeezing the resistance levels？　　If yes then what about the support levels, will $1725 be maintained or new lows are fast approaching？　　Ang Presyo ng ETH after dropping hard from $4000 in the first few days of 2022, attempted multiple times to range above $3000. But eventually, the attempt resulted in a 22% to 25% plunge below $2700. Then the new resistance was around $3000 while the support zone had formed at around $2500. However, after the LUNA-UST crisis, the resistance levels have been lowered to $2000 and the support at $1720.　　Now when the bears are expected to drag the crypto space lower, will the ETH price break below $1720 to form new lows below $1000？　　The prices earlier had broken from an ascending parallel chanel and dropped 20% initially. Further,

2022-06-03Ethereum

Binance Raises $500m Crypto Fund to Enhance Blockchain & Web3 Adoption

Binance, one of the leading crypto exchanges, has raised $500 million to invest in projects that propel crypto use cases and aid the adoption of blockchain and Web3 technologies.　　Through its venture capital and incubation arm dubbed BinanceLabs, the exchange sees the investment fund as a stepping stone towards more discovery and exploration in the Web3 space.　　Changpeng Zhao (CZ), the founder and CEO of Binance, pointed out:　　“The goal of the newly closed investment fund is to discover and support projects and founders with the potential to build and to lead Web3 across DeFi, NFTs, gaming, Metaverse, social, and more.”　　In a Web3 environment, CZ believes “the connection between values, people, and economies is essential,” adding that “If these three elements come together to build an ecosystem, that will accelerate the mass adoption of blockchain technology and crypto.”　　Some of the leading global institutional investors supporting the crypto fund include Breyer Capital and DST Global Partners. The fund is also financed by major family offices, private equity funds, and corporations. 　　Having incubated and invested in at least 100 projects spread across 25 nations since 2018, Binance Labs undertakes investments in three distinctive levels: incubation, early-stage venture, and late-stage growth. 　　Per the announcement:　　“Early-stage venture investments

2022-06-03Malalim na Pagsisid

This is Where Bitcoin & Ethereum Price May Bounce Back After the Harsh Rejection - BitcoinEthereumNews.com

Bitcoin EthereumThis is Where Bitcoin & Ethereum Price May Bounce Back After the Harsh Rejection06 / 03 / 2022Balita ng Ethereum ng Bitcoin　　The begining of the monthly trade was pretty bearish but as the markets recovered during the last trading day, it seemed as if the bulls may take back the control. The early trading hours were also pretty bullish but very quickly, the bears dominated the rally and squeezed all the gains. Currently, most of the tokens are trading around the same initial region they traded before the previous days surge.　　A popular analyst, il Cape of Crypto believes that the cryptos may plunge hard to discover new lows. And advised his 328.5K followers to stay safe and ready for a massive drop that is fast approaching into the crypto space.　　Ito ang nakikita ko:　　-Corrective structures everywhere.　　-Heatmaps really bearish.　　-Htf bearish divergences in play, which would take everything to new lows.　　-Confluence at main targets higher than ever.　　Last leg down is very likely. Stay safe and ready.　　- il Capo Ng Crypto (@CryptoCapo_) Hunyo 3, 2022　　Presently, the corrective structures are recorded everywhere, and hence Presyo ng BTC slumped hard below $30,000. Therefore dagging the entire crypto space below their respective support levels. On the

2022-06-03Ethereum

Ethereum price analysis: ETH tests $1,750, reversal to come next? - BitcoinEthereumNews.com

EthereumPagsusuri ng presyo ng Ethereum: Sinusuri ng ETH ang $1,750, susunod na pagbalik ang susunod？06 / 03 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum price analysis is bullish today as we have seen consolidation and another brief spike lower over the last 24 hours. Since ETH/USD has rejected further downside again, we expect another rally to soon begin.　　Mapa ng Cryptocurrency heat. Pinagmulan: Coin360　　The market has traded mostly in the red over the last 24 hours. The leader, Bitcoin, declined by 0.61 percent, while Ethereum by 1.81 percent. Meanwhile, Solana (SOL) has been the worst performer, with over 5 percent loss from the major altcoins.　　Ethereum price movement in the last 24 hours: Ethereum fails to retrace, spikes lower again　　Nakipag-trade ang ETH/USD sa hanay na $1,747.46 hanggang $1,845.31, na nagpapahiwatig ng banayad na pagkasumpungin sa nakalipas na 24 na oras. Ang dami ng kalakalan ay bumaba ng 25.73 porsyento, na may kabuuang $16.6 bilyon, habang ang kabuuang market cap ay nakikipagkalakalan sa paligid ng $212.975 bilyon, na nagreresulta sa isang dominasyon ng 17.47 porsyento.　　ETH/USD 4-hour chart: Tinatanggihan muli ng ETH ang downside　　Sa 4-hour chart, makikita natin Ethereum presyo preparing to move higher as the $1,750 offered further support.　　4-oras na tsart ng ETH /

2022-06-03Ethereum

Balancer launches on Ethereum L2 network Optimism - BitcoinEthereumNews.com

EthereumInilunsad ang Balancer sa Ethereum L2 network Optimism06 / 03 / 2022Balita ng Ethereum ng Bitcoin　　Automated market maker and decentralized finance (DeFi) protocol Balancer has officially deployed on Optimism, the highly touted Ethereum layer-2 scaling solution, in a move designed to enhance user functionality by increasing scalability and reducing fees.　　Balancers Optimism deployment was carried out in conjunction with Beethoven X, a decentralized investment platform on the Fantom Network that forked from Balancer v2. Together, both teams are said to have developed a decentralized exchange that is set to compete in the Optimism ecosystem.　　Balancer Labs CEO Fernando Martinelli said his projects Optimism deployment reflects the belief that layer-2 scaling solutions will be effective in reducing transaction fees and network congestion.　　Optimism is a layer-2 scaling solution designed to bring faster and lower-cost transactions to Ethereum. The network is said to support all decentralized applications on Ethereum via Optimistic Rollups, a scaling solution that operates in parallel with the main Ethereum chain.　　Currently, Optimism has over $320 million in total value locked (TVL) on its chain from 38 projects, ayon sa to industry data. Its TVL peaked north of $510 million in late April. It currently ranks 19th in overall network value.　　Like other DeFi-focused

2022-06-03Ethereum

KuCoin and Pyth Network Form a Strategic Partnership

According to the Financial Post, which cited a statement from KuCoin, the Seychelles-based cryptocurrency exchange KuCoin has announced a strategic alliance with the Pyth Network.　　KuCoin has committed to providing real-time pricing of trading pairs listed on KuCoin to the Pyth network, enabling all traded currencies on KuCoin to the Pyth network and completing the whole chain of crypto market values.　　The Pyth Network is a specific Oracle solution for handling latency-sensitive financial data, which is normally maintained behind a “walled garden” at a central authority.　　The Pyth networks entire goal is to create a new low-cost mechanism to safely collect this unique data on-chain.　　KuCoin CEO Johnny Lyu said: “As the Peoples Exchange, KuCoin is committed to providing users with a better crypto experience while also joining forces with more organizations to bring crypto to the masses. Bringing real-world data on-chain is one of the infrastructures of the DeFi world. We look forward to building a more transparent on-chain data marketplace in the blockchain industry through Pyth network as a key partner, which will help to create a new DeFi world that is more collaborative and open and accelerates crypto to mass adoption.”　　KuCoin Exchange, the worlds fifth-largest brokerage platform by trading volume, has

2022-06-03Malalim na Pagsisid

Ethereum Revisits $1,763 Low Twice as Bears Threaten to Short - BitcoinEthereumNews.com

Ethereum (ETH) is in a downward correction and continues its downward movement.　　n On May 27, the largest altcoin repeated its previous low as it fell to the low of $1,703. Bulls bought the dips as the altcoin corrected upwards. The rejection of the 21-day line SMA has led to Ether being under selling pressure again.　　n On the upside, further upward movement of the cryptocurrency is limited by the 21-day line SMA. Selling pressure will continue on the downside if the bulls fail to break above the 21-day moving average line. ETH will continue to decline if it falls below the previous low at $1,763. A break below the previous low will push Ethereum to the low of $1,370.　　n Pagsusuri ng tagapagpahiwatig ng Ethereum　　n The cryptocurrency is at level 37 of the Relative Strength Index for period 14. Ether is in the downtrend zone, falling for the second time to the previous low at $1,763. Ether price bars are below the moving averages, indicating a further decline in the Ether price. The daily stochastic is below the 40% area. The market is in a bearish momentum. The moving averages are sloping downwards, indicating a downtrend.　　n　　n Teknikal tagapagpahiwatig:　　n Pangunahing Mga Antas ng

2022-06-03Ethereum

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