Day: August 11, 2022

Is it foolish to expect a massive Ethereum price surge pre-and-post Merge?

Ether’s (ETH) impressive 85% gain in the past thirty days will have surprised even the most bullish investors and it makes the $800 range seen from mid-July seem like ages ago. Bulls now hope to turn $1,900 to support, but derivatives metrics tell a completely different story and the data suggests that professional traders remain highly skeptical. Ether 1-day price index, USD. Source: TradingView It’s important to remember that the leading cryptocurrency, Bitcoin (BTC), gained 28% in the same period. Thus, there should be no doubt that the Ether bull…

BITCOIN PODE TER UMA SEMANA EXTREMAMENTE POSITIVA! FIQUE LIGADO | Bitcoin Hoje – Análise Bitcoin BTC

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CRIE SUA CONTA NA PHEMEX AGORA: Phemex: ➡️ Análise técnica do Bitcoin Hoje: dia 07/08/2022, Bitcoin (BTC) prepara uma semana irada para nós, com um possibilidade maior de alta conforme vamos analisar o cenário macro. Altcoins e criptomoedas estão com um comportamento completamente diferenciado por causa do Ethereum (ETH) e vamos colocar tudo a limpo agora! 📷 𝗥𝗲𝗱𝗲𝘀 𝘀𝗼𝗰𝗶𝗮𝗶𝘀: @dougtadeu → ************************************ ⚠️ O canal Investidor Modesto tem a intenção de te ajudar a fazer uma leitura do mercado de criptomoedas utilizando…

Over 1,900 block-producing nodes in the Solana ecosystem, new report reveals

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Solana released its first-ever, “Validator Health Report” which revealed information on its network operators. According to the report the network has over 1,900 block-producing nodes with nearly 1,688 (88.14%) of those run by independent entities.  Solana says the health and strength of its validators is critical to the long-term health of the ecosystem. Previously, the network has faced backlash for both a lack of decentralization and expensive validator hardware.  Though this new report highlights the 3,400 validators across six different continents. 9/ Distribution across geographies is important. Resilient blockchains continue…

Bitcoin aSOPR Fails Retest Of Historical Bull-Bear Junction

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On-chain data shows the Bitcoin aSOPR indicator has found resistance at the historical junction between bull and bear markets. Bitcoin aSOPR Fails Retest Of The “Value=1” Line As pointed out by an analyst in a CryptoQuant post, the BTC aSOPR has been rejected from the breakeven mark recently. The “Spent Output Profit Ratio” (or SOPR in short) is an indicator that tells us whether Bitcoin investors are selling at a loss or at a profit right now. The metric works by looking at the on-chain history of each coin being…

Coinbase Shares Drop As Crypto Exchange Reports $1.1 Billion Net Loss in Q2

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The price of Coinbase (COIN) is dropping after the publicly-traded crypto exchange operator reports losses of over $1 billion in the second quarter of the year. In its latest letter to shareholders, Coinbase says that from April to June 2022, the firm suffered a net loss of $1.1 billion, which includes $446 million in total non-cash impairment charges related to its crypto and ventures investments. “Absent these non-cash impairment charges, net loss would have been $647 million. In Q2 [the second quarter], Adjusted EBITDA [earnings before interest, taxes, depreciation, and…

Ethereum Merge Rally In 60 Days? 👀 [Crypto Analysis]

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ethereum merge rally coming? Ethereum price prediction. [Crypto News] 💸 BYBIT 30% OFF & $4,100 BONUS 👉 🔥 GET MY FREE INVESTMENT REPORT 👉 0:00 Today in Ethereum 0:35 Ethereum Short Term 5:37 Ethereum Merge Rally #bitcoin #crypto #ethereum 🌟🌟🌟 BEST EXCHANGES TO BUY CRYPTO 🌟🌟🌟 💰 BINANCE: BEST EXCHANGE FOR BUYING CRYPTO IN THE WORLD 👉 10% OFF FEES & $600 BONUS ►► 📺 BINANCE TUTORIAL: 💵 FTX US: (FOR AMERICANS) #1 EXCHANGE TO BUY AND SELL CRYPTO IN USA 👉…

If You’re Tired of Web2’s Censorship of Crypto, Use Web3

People in crypto often use those examples of “censorship” as justification for the work they’re doing or support. If anyone can get thrown off of an email service, or “shadowbanned” by Twitter, then the need for freely accessible, permissionless systems is self-evident. Or as Selkis said, recalling the great battles of empire between Rome and Carthage, “Web2 delenda est” (it must be destroyed). Source

ETH PoS Upgrade to Transition on September 15 to 16 — Ethereum Devs Reveal ‘Tentative Mainnet TTD’ for The Merge – Bitcoin News

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Following the successful implementation of The Merge into Ethereum’s Goerli testnet, Ethereum developers confirmed during a Consensus Layer Call livestream that the highly anticipated proof-of-stake (PoS) upgrade is coming this next month on or around September 15th to the 16th. After the Ethereum network’s Total Terminal Difficulty (TTD) hits 58750000000000000000000, the chain will fully transition into a PoS blockchain after starting out as a proof-of-work (PoW) blockchain. The Merge Has a New Execution Date Ethereum has some big changes ahead and during Consensus Layer Call #93, Ethereum developers confirmed that…

Indian law enforcement accuses WazirX exchange of aiding in laundering of $130M

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India’s Enforcement Directorate (ED), the agency responsible for financial crimes, is looking at cryptocurrency exchanges suspected of processing transactions that sent more than 10 billion rupees, or about $130 million, from firms under investigation to international wallets. At least ten crypto exchanges are allegedly involved, according to an official who spoke to The Economic Times, and bank accounts of exchange WazirX have been frozen, the newspaper reported. Transactions of up to 1 billion rupees, or $1.3 million, were allegedly made in the names of people with no connections to the…

Good news for Bitcoin: New CPI data suggests inflation has peaked

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In this weeks episode of Market Talks we welcome senior market analyst at Cubic Analytics, Caleb Franzen. Caleb is a Senior Market Strategist at Cubic Analytics, analysing new data/charts on the economy, the stock market, and Bitcoin to make better investment decisions. He is also a former corporate banking & portfolio analyst. The main topic of discussion with Caleb will be the new CPI data and what they mean for the crypto market, specifically Bitcoin (BTC). Is there a correlation between the data and the recent price pump? How sustainable…