Recession fears and the stock market - Is it too late to play defense? - BitcoinEthereumNews.com

KabuhayanMga takot sa recession at ang stock market — Huli na ba para maglaro ng depensa?04 / 16 / 2022Balita ng Ethereum ng Bitcoin  Recession fears are on the rise as the Federal Reserve gears up to fight inflation. Many stock-market investors are already playing defense and may wonder if those strategies have more room to run.  But first, how big of a worry is a recession? Google searches for the term have been solidly on the rise, according to trend data from the search giant charted below:  n Googlen n  The fear is understandable. While the job market remains robust, inflation runing at a four-decade high has consumers down in the dumps, according to sentiment readings.  Fed playing catchup  The Federal Reserve is seen belatedly scrambling to tighten monetary policy at a breakneck pace — including the potential for multiple, outsize half-percentage point increases in interest rates. Its also contemplating a much faster wind down of its balance sheet than in 2017-2019.  Fed officials, of course, say theyre confident they can tighten policy and bring down inflation without crashing the economy, achieving what economists refer to as a “soft landing.” There are prominent skeptics, including former Treasury Secretary Larry Summers, whose early warnings of surging inflation

2022-04-16Industriya

Litecoin: Why richer holders are moving around LTC all of a sudden - BitcoinEthereumNews.com

Litecoin richer wallets have been moving their LTC around | Pinagmulan: Santiment – AMBCrypto  Now one might wonder that these could be whales as well since they are also known to conduct transactions of such high values.  But cross-checking on-chain data for whale movement makes it clear that these arent necessarily them. Besides, transactions worth more than $1 million are still at as low as ever, further canceling the possibility of this being whale behavior.  Litecoin whale transactions | Pinagmulan: Santiment – AMBCrypto  Thus, it is just the richer cohorts that, either out of fear or in confidence, moved around such volumes of Litecoin. The question is, which of the two reasons was the motivation?  Given that these spikes occurred simultaneously as LTC neared the market bottom, it seems like fear is what caused these sudden actions.  The week before 12 April did not favor the altcoin, and consequently, LTC fell back into its descending wedge, testing the lower trend line for support.  Aksyon sa presyo ng Litecoin | Pinagmulan: TradingView – AMBCrypto  Thus as soon as green candles began appearing over the next few days, investors seem to have moved their LTC to cash out as much profit as they could, and others who bought it did

2022-04-16Industriya

DOGE Price Teases A Revisit To $0.133 Support - BitcoinEthereumNews.com

Pinagmulan-Tradingview  The V-shaped recovery initiated from the $0.11 support pumped the Dogecoin (DUKE) price by 54% up to $1.7. However, the sellers retaliated with a higher force and turned the price down with a bearish engulfing candle.  This sudden drop in DOGE price was triggered by a flash crash in Bitcoin price by Aprils first week. As a result, the memecoin slumped to the local support of $0.133, registering a 21% fall.  Furthermore, the altcoin rebounded from support with four consecutive green candles, displaying an 8.88% gain. However, these green candles reflected small bodies and higher price rejection, indicating weakness in the buying pressure.  Today, the DOGE price is down by 2.2% and teases a revisit to $0.133 support.  For coin holders: The DOGE traders should closely watch the $0.133 support as a bullish reversal from this level would form an inverted head and shoulder pattern. This price pattern with a neckline at the $0.17 mark could ascend the coin price above the $.02 mark.  However, the bullish thesis will be invalid if sellers dump the DOGE price below $0.133 support, threatening a freefall to march bottom support of $0.11.  Teknikal na tagapagpahiwatig  Despite a significant correction in price action, the ADX slope barely dropped to any extent,

2022-04-16Industriya

The crypto market has something called a ‘fear and greed index’ and it’s getting ugly - BitcoinEthereumNews.com

cryptoAng crypto market ay may tinatawag na fear and greed index at ito ay nagiging pangit04 / 16 / 2022Balita ng Ethereum ng Bitcoin  Cryptocurrencies had a rough start to the year in 2022, but for a time it seemed many top digital assets were making their way out of the crypto winter.  Near the end of March, Bitcoin and Ether, the two top cryptocurrencies by market cap, were notching highs not seen since early January.  But now progress appears to have stalled. Cryptocurrencies‘ total market cap has, once again, dipped below $2 trillion, and Bitcoin is struggling to find support at $40,000. The world’s most popular digital asset was down roughly 40% from its November 2021 high of $67,582 on Friday.  As a result, sentiment about the crypto market is starting to take a turn for the worst. The crypto fear and greed index, a popular indicator of the mood of crypto investors created by the crypto analytics website Kahalili.ako, slipped into the “extreme fear” range this week, falling sharply from last weeks reading of 37 to just 22 on Friday.  The index, which is widely followed in the crypto community, produces a reading between one and 100. Higher readings indicate greed has taken

2022-04-16Industriya

Sinabi ni Warren sa IRS na Ituon ang Mga Pag-audit sa Mayaman, Hindi Mga Nagbabayad ng Buwis sa Mababang Kita - BitcoinEthereumNews.com

KabuhayanSinabi ni Warren sa IRS na Ituon ang Mga Pag-audit sa Mayaman, Hindi Mga Nagbabayad ng Buwis na Mababa ang Kita04 / 16 / 2022Balita ng Ethereum ng Bitcoin  Nanawagan ang mga mambabatas sa IRS na ihinto ang di-katimbang na pag-audit sa mga nagbabayad ng buwis na mababa ang kita, na sinasabi nilang mas malamang kaysa sa ibang mga nagbabayad ng buwis na harapin ang pagsisiyasat ng IRS, na may mga rate ng pag-audit para sa mga mahihirap na filer na halos dumoble sa nakalipas na dalawang taon.  Habang papalapit ang deadline ng paghahain sa Abril 18, hindi dapat maging kampante ang mayayamang nagbabayad ng buwis, sa kabila ng mas mababang mga rate ng pag-audit sa pangkalahatan, dahil ang pampulitikang panggigipit para sa IRS na mag-audit ng mas mataas na kita na mga nagbabayad ng buwis at mas kaunting mahihirap ang lumalaki.  Sa kanyang liham, binanggit ni Sen. Warren ang data na natagpuan na ang mga nagbabayad ng buwis na kumikita ng $25,000 o mas mababa ay na-audit ng limang beses na mas madalas kaysa sa lahat ng iba pang nagbabayad.  n Al Drago / Bloombergn n  Sa isang liham na ipinadala ngayong linggo sa mga pinuno ng IRS at ng Treasury Department, binanggit ni

2022-04-16Industriya

BTC/USD Focused on Technical Support at 39068: Sally Hos Technical Analysis 17 April 2022 BTC - BitcoinEthereumNews.com

Bitcoin (BTC / USD) nanatili pinilit sa ibaba ilan makabuluhang panteknikal areas early in the Asyano session as the pair remains naibigay na bilang bahagi ng isang pullback that has recently seen a pamumura ng higit sa 18%. Kamakailan relative highs sa paligid ng 48240 level gave way to stronger selling pressure sa paligid ng 47469, 44000, 43443, at 41570 mga lugar Kamakailan relative lows have been just sa ibaba ang 39363 lugar, a antas na kumakatawan sa a layunin ng pababang presyo nauugnay sa nagbebenta ng presyon sa paligid ng 47469.40 mga lugar Karagdagan mga layunin ng pababang presyo isama ang mga 39068, 38832, 38602, 38333, 38062, 37958, 37450, 37151, 37032, 36940, 36302, at 35995 antas ng.  Recent price activity has seen BTC / USD pagsusulit ang 38780.48 lugar, a antas na kumakatawan sa 61.8% pagbawi ng pagpapahalaga saklaw mula 32933.33 sa 48240. Ito kamag-anak mababa was also just sa ibaba ang 39600 lugar, isang baligtad na layunin ng presyo may kaugnayan sa presyon ng pagbili ng kasaysayan na lumitaw sa paligid ng Lugar ng 29301.56. Pinagmamasdan ng mga mangangalakal na ang 50-bar MA (4 na oras) is bearish na nagpapahiwatig sa ibaba ang 100-bar MA (4 na oras) at

2022-04-16Industriya

Zelensky Aide Urges Europe To Speed Up Weapons Transfers Amid Concern Over Ukraine’s Ammunition Inventory - BitcoinEthereumNews.com

KabuhayanHinihimok ni Zelensky Aide ang Europa na Pabilisin ang Paglipat ng Mga Armas Sa gitna ng Pag-aalala sa Imbentaryo ng Bala ng Ukraine04 / 16 / 2022Balita ng Ethereum ng BitcoinTopline  Mykhailo Podolyak, an adviser to Ukrainian President Volodymyr Zelensky, on Saturday urged European countries to expedite the transfer of weapons to Ukraine amid concerns over whether Ukrainian troops have sufficient arms and ammunition to fend off an expected offensive by Russian forces in eastern Ukraine in the coming days.  Mykhailo Podolyak, an adviser to Ukrainian President Volodymyr Zelensky, on Saturday urged European ... [+] countries to expedite the transfer of weapons to Ukraine.  Ang AFP sa pamamagitan ng Getty Imagesn  key Katotohanan  Podolyak tweeted that weapons from Europe are taking “too long to arrive,” and that Ukraine needs those weapons “now.”  A U.S. official Sinabi CNN there is growing concern over the prospect that Ukraine could lack ammunition to fight Russian troops, particularly artillery rounds, with heavy ground combat expected to take place in the coming days.  The official, who wasnt named, said Ukrainian troops used “thousands of artillery rounds” a day during previous periods of heavy combat, and that the 40,000 artillery rounds the U.S. is sending to Ukraine to go with 18 towed 155mm

2022-04-16Industriya

OHM, TIME, KLIMA Down More Than 98% From All-Time Highs – Defi Bitcoin News - BitcoinEthereumNews.com

About four months ago, four of the top rebase tokens by market valuation were worth close to $8 billion in USD value and today, the entire lot of rebase tokens collectively are valued at $1.14 billion. The largest rebase crypto by market capitalization, olympus (OHM), had a $4.3 billion market valuation last November, but after shedding 98.1% in USD value, OHMs market capitalization is now $438 million.  Over $7 Billion Exited the Rebase Token Economy During the Last Four Months  During the first week of November, Bitcoin.com News reported on the olympus (OHM) rebase token and how the algorithmic reserve-backed crypto asset worked. Three weeks later, OHMs overall market capitalization tapped an all-time high (ATH) at $4.35 billion on November 23. OHM already recorded an all-time price high months earlier in April, when it reached a high of $1,415 per coin on the 25th. Since that day, olympus (OHM) has shed 98.1% in value against the U.S. dollar.  OHM/USDT two-hour chart on April 16, 2022.  OHM sparked a slew of Olympus forks and the Avalanche-based reserve currency protocol called wonderland (TIME) saw its market capitalization jump over $2 billion three days before OHM‘s market cap ATH. While TIME’s market cap reached an ATH on

2022-04-16Bitcoin

Tether’s USDT Launch On Kusama: Know The Impact Of Development  - BitcoinEthereumNews.com

The largest stablecoin by market cap, Tether (USDT) launches on Kusama, the canary network of the Polkadot.  Important upgrades and experiments first happen on the Kusama network before they are deployed on the Polkadot network.  Dagdag dito, ang USDT launch will power the transactions on the Kusama‘s Statemine, equivalent to the Polkadot’s Statemine.  Leading stablecoin Tether (USDT) is all set to launch on Polkadots canary network, Kusama.  What Does USDTs Launch on Kusama Network Mean?  With a market cap of over $80 billion, USDT is the largest and most significant stablecoin in the crypto world today. Now, the largest stablecoin is ready to launch on Kusama.  Kusama is built on Substrate and has a mutual codebase with Polkadot. The launch of the leading stablecoin on Polkadots canary network is nothing less than a milestone. The move makes space for more funds to enter into the growing ecosystem, laying the foundation for the launch of stablecoin on Polkadot in near future.  Public affairs Head at developers of Polkadot, Parity Technologies, Peter Mauric commenting on the launch said that the Kusama and Polkadot share similar goals of accessibility and interoperability since they both are working on para chain-specific stablecoin projects.  What Will Change After USDTs Launch?  Consider Kusama as a test

2022-04-16Industriya

BTC, ETH Prices Mainly Unchanged to Start the Weekend – Market Updates Bitcoin News - BitcoinEthereumNews.com

Mga presyo ng ETH at BTC were mainly unchanged to start the weekend, as market activity slowed, mainly due to the Easter holiday. Price consolidation comes after a week of bearish pressure that sent the worlds two largest cryptocurrencies towards key support levels.  Bitcoin  Bitcoin was once again trading marginally above the $40,000 level on Saturday, as markets remained quiet as a result of the Easter break.  BTC/USD rose to an intraday peak of $40,618.84 to start the weekend, following a low of $40,009.09 earlier in the session.  Recent price consolidation comes following a two-week streak which saw bitcoin lose close to $10,000 from its value.  BTC/USD – Pang-araw-araw na Tsart  Typically, following a bullish or bearish trend within a relatively short span of time, markets will consolidate, as they prepare for either an extension of the initial move, or a change of direction.  Looking at the chart, the 14-day RSI continues to track below a key resistance level at 44, which seems to be the main hurdle preventing a resurgence of BTC toro.  ETH/USD – Pang-araw-araw na Tsart  Since the begining of the year, the price of ETH traded close to this $3,000 support level on four occasions, with bulls typically pushing prices higher.  On the occasions when price

2022-04-16Ethereum