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Top Reason Why Ethereum Price Might Crash Heavily In Coming Week - Coinpedia - Fintech & Cryptocurreny News Media - BitcoinEthereumNews.com

EthereumNangungunang Dahilan Kung Bakit Maaaring Bumagsak ng Malakas ang Presyo ng Ethereum Sa Paparating na Linggo – Coinpedia – Fintech at Cryptocurreny News Media06 / 11 / 2022Balita ng Ethereum ng Bitcoin　　Lido Staked Ethereum (stETH), a DeFi Ethereum derivative, has significantly diverged in the last 48 hours. The coin, which is intended to be pegged to ETH 1:1, is currently trading at $1,473 and has dropped by 7% in the last 24 hours. ETH, on the other hand, is currently trading at $1,536.　　Since late Thursday, stETH has been depegging, with the first wave of losses originating from a major $1.5 billion dump by Alameda Capital, one of the top stETH holdings. Reportedly, Alameda has disposed of all of its token holdings.　　Panic Selling due to losses？　　There is no direct correlation between ETH pricing and stETH. It can only be redeemed for ETH once the merger is complete, which is yet to be determined. However, the tokens primary function as collateral on DeFi platforms like AAVE and Lido could be disastrous for the industry. Shocking losses in stETH have triggered panic selling in Ethereum.　　stETH, which represents Ethereum 2.0 beacon chain-locked ETH, is commonly used as collateral on DeFi services to borrow more

2022-06-11Ethereum

Bitcoin price threatens lowest weekly close since 2020 as inflation spooks markets - BitcoinEthereumNews.com

BitcoinAng presyo ng Bitcoin ay nagbabanta sa pinakamababang lingguhang pagsasara mula noong 2020 dahil ang inflation ay nakakatakot sa mga merkado06 / 11 / 2022Balita ng Ethereum ng Bitcoin　　Bitcoin (BTC) dropped to two-week lows on June 11 as the weeks Wall Street trading ended with bears in control.　　BTC / USD 1-oras na tsart ng kandila (Bitstamp). Pinagmulan: TradingViewU.S. inflation print proves setback　　data mula sa Cointelegraph Markets Pro at TradingView followed BTC/USD as it reached $28,528 on Bitstamp, its lowest since May 28.　　The pair had fallen in step with stock markets on June 10, these finishing the week noticeably down — the S&P 500 and Nasdaq Composite lost 2.9% and 3.5% respectively.　　This was on the back of surprisingly high inflation data from the United States, which took a turn for the worst in stark contrast to expectations. As Cointelegraph iniulat, at 8.6%, anual inflation came in at the highest since December 1981.　　Reacting, market commentators were thus firmly on the bearish side when it came to future BTC price action.　　“When we drop to $22,000 – $24,000 on Bitcoin they will call for lower Dont be too greedy when the time comes,” popular Twitter account Crypto Tony Sinabi mga tagasunod.　　Filbfilb, co-founder of trading

2022-06-11Bitcoin

Narito Kung Bakit Mahalaga ang Q3-2022 Para sa Ethereum! Ang Presyo ng ETH ay Maaaring Gumawa ng Malaking Pagkilos Sa loob ng Agosto at Nobyembre - Coinpedia - Fintech at Cryptocurreny News Media - BitcoinEthereumNews.com

EthereumNarito Kung Bakit Mahalaga ang Q3-2022 Para sa Ethereum! Ang Presyo ng ETH ay Maaaring Gumawa ng Malaking Pagkilos Sa loob ng Agosto at Nobyembre – Coinpedia – Fintech at Cryptocurreny News Media06 / 11 / 2022Balita ng Ethereum ng Bitcoin　　Ang Ethereum- ang pangalawang pinakamalaking cryptocurrency sa mundo- ay may lubos na inaasahang pagsasama na inaasahang mangyayari sa pagitan ng time frame ng Agosto at Nobyembre. Ang developer ng Ethereum, si Tim Beiko, ay nakipag-usap kay Ben Edgington tungkol sa petsa ng pagsasanib ng ETH at kung paano ito isasagawa sa lalong madaling panahon.　　Agad na sumagot si Beiko kay Edgington, na sinabing dahil sa mga teknikalidad, maaaring maantala ang pagsasanib at imposibleng magbigay ng eksaktong time frame para dito.　　Nararamdaman ko pa rin na ang (late) August-Nov range ay halos tama？ Ang bilis ng pag-aayos ng mga bug at bilang ng mga bagong isyu na nakatagpo ang dahilan kung bakit mahirap hulaan？ Sa tingin ko para hindi ito mangyari sa taong ito, kakailanganin mo ng isang sakuna na kaganapan/kabiguan/serye ng mga normal na bug　　— Tim Beiko | timbeiko.eth ???? (@TimBeiko) Hunyo 10, 2022　　Sinabi ni Beiko na: Hindi lang ako kumbinsido na ang pag-target ng higit sa isang magaspang na target, ayon

2022-06-11Ethereum

First Trial Of Long-Awaited Ethereum Merge Done: Ethereum’s Ropsten Testnet Merged Successfully - BitcoinEthereumNews.com

https://t.co/3lvlUfcAT4 pic.twitter.com/knd1IBlD8A　　- Bitfly (@etherchain_org) Hunyo 8, 2022　　For the uninitiated, The Merge is a much-awaited upgrade that is anticipated to be the largest milestone of the Ethereum network. The Merge means that Ethereum will transition to a new proof-of-stake (PoS) consensus mechanism from the traditional proof-of-work mechanism. The proof-of-work mechanism has more energy consumption than proof-of-stake. Ethereum as of now runs on proof-of-work (PoW). In PoW, miners utilize energy for finding out new blocks and integrate them to the blockchain, receiving latest issued Ether(ETH) and a fraction of the transaction tips and fees.　　Once the transition from PoS to PoW is done in Ethereum, validators with their staked 32 ETH will assume the role of adding new blocks to the blockchain.　　As of now, the current PoW chain and the Beacon chain run in parallel. Meanwhile, the Beacon Chain which is the PoS coordination chain already has validators that generate and validate new blocks in tandem with the PoW execution chaim.　　The two chains will be merged after the PoS chain has been properly tested and secured and Ethereum will adopt the PoS or Proof-of-Stake as its consensus mechanism.　　Several tests on different testnets are essential for the complex change that Ethereums code will go

2022-06-11Ethereum

Terra 2.0 (LUNA) Price Continues to Drop as Bitcoin and Ethereum Face Bearish Pressure » NullTX - BitcoinEthereumNews.com

Bitcoin EthereumAng Presyo ng Terra 2.0 (LUNA) ay Patuloy na Bumababa habang ang Bitcoin at Ethereum Face Bearish Pressure » NullTX06 / 11 / 2022Balita ng Ethereum ng Bitcoin　　This weekend is rough for the global crypto market as it‘s nearing a year low. Bitcoin struggles to hold support, dipping below $19k, and Ethereum is facing significant bearish pressure as the ETH price is down 10%, currently trading at $1,500. As Terra 2.0 (LUNA) is considered an altcoin, it’s no surprise that LUNA is also amplifying BTCs movements and is down 11% this Saturday, currently trading at $2.6.　　Terra 2.0 (LUNA) Price is Down, but Ecosystem Continues to Grow　　Even though Terra 2.0 (LUNA) has been losing value rapidly this past week, the ecosystem continues to expand at an impressive rate.　　Dozens of projects have been anouncing their integration with the new chain. Multiple Decentralized wallets have integrated with Terra 2.0, at marami NFT projects launched last week on LUNA.　　Do Kwon opened up his Twitter account after four days of silence, promising to “soon be more proactive in communicating with the press & getting the right information out there.”　　Today, TerraGotchi anounced the launch of their on-chain identity layer on Terra by introducing TerraGotchi NFTs:

2022-06-11Ethereum

Ethereum (ETH) Crashes 10% On Merge Delay, Is $1200 In Sight? - BitcoinEthereumNews.com

EthereumAng Ethereum (ETH) ay Bumagsak ng 10% Sa Pagkaantala ng Pagsamahin, Nasa Sight ba ang $1200？06 / 11 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum (ETH) dropped sharply in the past 24 hours on concerns over possible delay in its planed shift to a proof of stake model.　　Ayon sa data mula sa Coinmarketcap.com, the second-largest cryptocurrency crashed over 10% to $1,588.57- its lowest level since March 2021. The token is trading down about 56% this year, and has fared far worse than its bigger peer Bitcoin.　　Ethereums latest losses were triggered by several factors. A delay in a planed difficulty bomb, which is intended to eventually phase out mining on the chain, is the most recent source of downside pressure.　　Higher-than-expected U.S. inflation figures on Friday also rattled crypto markets.　　Ethereum merge possibly delayed　　Despite a successful deployment of the merge on the Ropsten testnet this week, Ethereum developers decided to delay a planed difficulty bomb.　　The move potentially pushes back a planed phasing out of mining, raising concerns over a delay to the merge.　　It also casts doubts over a forecast by founder Vitalik Buterin that the merge could occur by as soon as Agosto.　　The merge is one of the most anticipated events in crypto this

2022-06-11Ethereum

$230M ETH Positions Liquidated in a Day as Ethereum Plunges Below $1.6K - BitcoinEthereumNews.com

Ethereum$230M ETH Position Na-liquidate sa Isang Araw habang Bumaba ang Ethereum sa $1.6K06 / 11 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum is among the most substantial loser on a daily scale, as the asset plummeted to its lowest position in over a year. Naturally, this has caused mass pain for some traders, as the ETH liquidated positions are over $200 million on a 24-hour scale.　　After the relatively positive trading week, bitcoin and the rest of the market headed south hard yesterday, perhaps fueled by the record-setting US inflation numbers (YoY increase of 8.6%).　　BTC went from above $30,000 to below $29,000 rather quickly, but most of the altcoins suffered more.　　Solana, Avalanche, Polkadot, and MATIC have lost close to 10% in a day. Dogecoin, Shiba Inu, Ripple, and Cardano are also deep in the red. The total market cap is down by over $80 billion in a day to $1.150 trillion.　　Ethereum has lost over 10% on a daily scale. The second-largest cryptocurrency bumagsak below $1,600 to its lowest price tag since March 2021.　　Somewhat expectedly, the liquidations in regards to ETH skyrocketed. On a 24-hour scale, they have soared to around $230 million.　　Ang overall liquidations are close to $400 million, meaning that those

2022-06-11Ethereum

Ethereum Merge Will Happen Between August and November, Says Developer Tim Beiko - BitcoinEthereumNews.com

EthereumEthereum Merge Will Happen Between August and November, Says Developer Tim Beiko06 / 11 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum developer Tim Beiko said yesterday that the highly anticipated Merge would happen between August and November, and only a catastrophic event or failure will prevent it from happening this year.　　He made this statement during a conversation with Ben Edgington, who called on the developers to work faster so that the Pagsamahin could happen faster. Beiko claimed that due to the technicalities involved, its near impossible to give an exact date of when the Merge will happen.　　I still feel like the (late) August-Nov range is roughly right？ Speed of fixing bugs and number of new issues encountered is what makes it hard to predict？ I think for it to not happen this year, youd need a catastrophic event/failure/series of normal bugs　　— Tim Beiko | timbeiko.eth ???? (@TimBeiko) Hunyo 10, 2022　　“I‘m just not as convinced that targeting more than a rough target, date-wise, is possible,” he said. When asked what the rough target is, he mentioned a range between late August and November unless there’s a “catastrophic event/failure/series of normal bugs.”　　If we found 0 more bugs, we can probably merge in a

2022-06-11Ethereum

Ethereum Developers Decide to Delay the Difficulty Bomb, Why Its Bad for The Merge Upgrade? - BitcoinEthereumNews.com

EthereumNagpasya ang Mga Nag-develop ng Ethereum na Iantala ang Difficulty Bomb, Bakit Masama Para sa Pag-upgrade ng Merge？06 / 11 / 2022Balita ng Ethereum ng Bitcoin　　Earlier this week, the Ethereum developers ipinatupad the much-awaited Merge upgrade on the Ropsten testnet. But on a Friday call, the developers decided to delay the difficulty-bomb raising doubts within the Ethereum community.　　First-thing-first, the difficulty bomb is a special code that increases the computing difficulty of mining ETH on the Ethereum blockchain network. The difficulty bomb has been designed to eventually boot miners off the Ethereum blockchain as the network prepares for a transition to Proof-of-Stake (PoS).　　But delaying the difficulty bomb would give more time to miners to stay on the Ethereum blockchain. It means that that would further delay the implementation of ‘The Merge’ upgrade on Ethereum mainet.　　While many called the Ropsten Merge event to be a success, the Ethereum developers have been dealing with fixing bugs that they discovered. Theres yet no fixed date for the implementation of The Merge on the Ethereum mainet. Ethereum co-founder Vitalik Buterin said that if no major issues are encountered, it could happen as soon as August 2022.　　The decision to delay the difficulty bomb has raised concerns

2022-06-11Ethereum

Ethereum Price is RISKY! Sell Ethereum if prices fall below this area ASAP - BitcoinEthereumNews.com

EthereumEthereum Price is RISKY! Sell Ethereum if prices fall below this area ASAP06 / 11 / 2022Balita ng Ethereum ng Bitcoin　　After a small glimpse of hope, Ethereum prices sink again and break their strong support lower. Most cryptocurrencies in the market lost an average of around 3%. However, Ethereum was among the top loser as prices dipped more than 8% in the past 24 hours. What to do now with Ethereum？ Should you sell Ethereum or is there any sign of recovery, and if so, when to sell Ethereum？ Lets analyze in this Ethereum price prediction article.　　Why is Ethereum a good crypto project？Ano ang Ethereum　　Ethereum ay isang blockchain network na inilunsad noong 2015. Ang mga smart contract ay unang ipinatupad sa Ethereum network. Ginagamit ang ETH para bumuo ng mga desentralisadong app (dApps). Sa totoo lang, ang blockchain na ito ay isang pioneer sa larangan ng non-fungible token (NFTs) at decentralized finance (DeFi). Sa loob ng maraming taon, ang ETH ang pangalawa sa pinakamahalagang cryptocurrency, na sumusunod lamang sa Bitcoin sa mga tuntunin ng halaga sa merkado. Ang katutubong token ng Ethereum network ay Ether.　　Sumali sa Chat DiscordIs Ethereum a good crypto project？　　Nagkaroon ng maraming debate sa mga nakaraang buwan

2022-06-11Ethereum
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