Balita sa Industriya ng Crypto at Market Trends

Ethereum Price Rebounds After Brief Correction to $2155 Level

Balita ng Ethereum ng Bitcoin　　Sa oras ng pagsulat, ang ETH ay nakikipagkalakalan sa $2251, tumaas ng 0.71% sa huling 24 na oras.　　Kung ang presyo ay nagtagumpay na lumampas sa $2331, malamang na susubukan nito ang $2380 na antas ng paglaban.　　An unprecedented milestone has been reached by SOL, surpassing Ethereum in 24-hour decentralized exchange (DEX) volume the very first time since its inception in 2020. The Solana chain exceeded the Ethereum chain in DEX volume, according to statistics released by DeFiLlama on December 16.　　The Ethereum rollup chain Arbitrum was down for a short while on Friday, but is now back up and working well. There was a network outage on December 15 that lasted little over an hour and affected the layer 2 scaling solution for Ethereum. According to an update released on the official Arbitrum Foundation account on twitter, the outage occurred because the Arbitrum One Sequencer stalled due to an influx of inscriptions.　　Since the blockchains move from a proof-of-work (PoW) consensus mechanism to a proof-of-stake (PoS) network, the supply of Ether has dropped to its lowest point.　　The network has burned up a lot of ETH this week, reducing the total supply of the token. Statistics compiled by Ultrasound.money show

2023-12-17Ethereum

BNB Chain Moves to Liquidate 100% USDT, USDC of BNB Bridge Exploiter

BNB Chain Core introduces a detailed strategy to recover from the 2022 exploit.　　The exploiters balance includes 630,240 BNB supply and borrowings of 58,440,000 USDT and 37,440,000 USDC. 　　BNB Chain Core seeks authority to execute a forced liquidation mechanism to settle outstanding debts.　　After more than a year of the attack, BNB Chain Core has officially proposed a comprehensive plan to seize the collateral of the BNB Bridge exploiter and utilize the funds to repay outstanding debts without resorting to market liquidation of BNB.　　The proposal outlined a detailed execution strategy to mitigate potential losses for the Venus protocol. The report noted that as of December 11, 2023, the exploiters balance comprises 630,240 BNB in supply. Alongside, it holds borrowings of 58,440,000 USDT and 37,440,000 USDC.　　Per the information in the proposal, the outstanding debt must first be settled to unlock the BNB supply. As a result, the proposal suggests employing the forced liquidation mechanism by granting BNB Chain the authority to execute the necessary operations.　　BNBChainCore published a proposal on the Venus forum which aims to give BNB Chain the discretion to seize the BNB Bridge exploiters collateral and repay its debts while avoiding any market liquidation of BNB.　　Notably, BNB Chain Core outlined five

2023-12-17Industriya

Crypto hiring: Blockchain.com para palawakin ang workforce ng 25%, kumuha ng bagong SVP

Blockchain.com hired a new senior vice president and will grow its workforce by a quarter in Q1 2024. It is also eyeing expansion into Nigeria and Turkey, according to a report from Bloomberg. The longtime crypto wallet provider currently employs around 300 people.　　After beginning 2023 by laying off 28% of its staff, Blockchain.com has seen positive signs in the last few months. The firm raised a $110 million Series E round, though reportedly at less than half of its 2022 valuation, and it became the destination for customers looking to migrate their assets from SoFis shuttered crypto arm.　　Magbasa nang higit pa: Ang Blockchain.com ay nagtataas ng $110M na round ng pagpopondo sa mas mababang halaga: BBG　　This week, the firm hired Curtis Ting as senior vice president of business operations. Ting spent the last five-plus years at Kraken where he focused on global expansion. Before that, Ting spent eight years at the FBI.　　Ting will help set up London-based Blockchain.coms new hub in Paris as the company seeks to set up new local entities throughout Europe, Bloomberg reported.　　Blockchain.com listed a job posting for a talent acquisition manager in Paris. The firm also has several job postings in Vilnius, Lithuania, as well as

2023-12-17Industriya

Can gold dominate in 2024? Heres what macroeconomics guru says

Gold‘s potential to outperform base metals in 2024 is gaining traction, according to Mike McGlone, ’s Senior Commodity Strategist.　　Essentially, the precious metal is showing strength, possibly strengthening its dominance in the coming year amidst feared economic downturns.　　On December 15, McGlone nai-post on X (formerly Twitter) about the shifting dynamics between industrial metals and gold. Notably, he highlighted that weakening base metals contrasted with strengthening gold last year. This divergence could accelerate if “Federal Reserve policies serve as a reliable indicator,” suggested the Commodity Strategist.　　Global #Recession Path – Weak Base Metals vs. #Gold -　　Declining industrial metals vs. rising gold in 2023 are trends that may accelerate in 2024, if #Fed pivots are a guide. Since the Bloomberg Industrial Metals Spot Subindex was calculated in 1991, the ratio of the index to… pic.twitter.com/JryUGrsSuU　　- Mike McGlone (@ mikemcglone11) Disyembre 15, 2023　　Historically, the ratio of the Bloomberg Industrial Metals Spot Subindex to gold expands with monetary tightening. Conversely, it declines when policies ease. McGlones observations draw from this pattern observed since 1991.　　Gold to $3,000 per ounce in 2024 and economic domination　　In particular, the shared analysis illustrates the current state of the metals market. The ratio of base metals to gold is notably low, barely

2023-12-17Industriya

Ang komunidad ng Ethereum ay gumagamit ng ERC-3643 bilang pamantayan para sa pagsunod sa tokenization ng asset

Balita ng Ethereum ng Bitcoin　　The Ethereum community has officially signed off on the ERC-3643 Ethereum Improvement Proposal (EIP), establishing it as a recognized standard for compliant tokenization of real-world assets (RWAs).　　According to a Dec. 15 announcement, the proposal reached its final status, meaning it has been formally reviewed, discussed and agreed upon within the Ethereum community. Its a similar process to the way ERC-20 and other popular standards were established in the past.　　Ethereum Community Approves #ERC3643 as the First #Tokenization pamantayan　　We‘re proud to announce that the ERC3643 standard has achieved ’Final status in its #Ethereum Improvement Proposal (#EIP).　　— ERC3643.org (@ERC3643Org) Disyembre 15, 2023　　ERC-3643 is a standard for securities tokenization, RWAs, payment systems and loyalty programs. It verifies users eligibility for a token via a self-sovereign identity (SSI) framework, providing anonymous yet verifiable credentials, the association behind the proposal explained.　　The approved standard, which was proposed in 2021, is built on top of ERC-20 and incorporates two distinct permission layers to enhance security and compliance.　　The first layer focuses on the identity and eligibility of the transactions receiver, utilizing ERC-734/-735 standards to verify if the necessary claims are present on the identity and are authenticated by trusted claim issuers. The second layer implements

2023-12-16Ethereum

Big Bear il Capo Says Rally Is Over, Evaluates Bitcoin and Ethereum!

Balita ng Ethereum ng Bitcoin　　New statements came from the analyst using the pseudonym Capo, who made a name for himself with his accurate predictions about the Bitcoin and cryptocurrency market in 2022.　　Capo of Crypto, who is known for his bearish views and is frequently criticized by investors for his bearish comments, claimed that we are very close to the top in BTC and altcoins.　　At this point, the analyst stated that BTC is facing great resistance between $ 43,000-45,000 and ETH is facing great resistance between $ 2,350-2,500, and stated that we have come to the end of the rise.　　I think we are very close to the local top in the entire crypto market.　　BTC is facing major resistance here at $43,000-45,000. ETH resistance is $2350-2500.　　Now money is flowing into altcoins and Shitcoins. This marks the end of the mini bull market (bear market rally) we are experiencing in 2023.　　“I didnt get these opportunities this year, but bigger opportunities will come, especially if the main scenario in Bitcoin comes true.”　　At this point, it is known that il Capos ultimate target for BTC is $12,000.

2023-12-16Ethereum

Ethereum Name Service now fully decentralized as DAO takes control

Balita ng Ethereum ng Bitcoin　　Ethereum Name Service (ENS) has achieved decentralized governance, according to a message from the projects creator on Disyembre 14.　　ENS is a naming system for the Ethereum blockchain that adds human-readable names to various resources, including crypto wallets and websites. Until now, the projects root node was managed by members of the Ethereum community.　　Nick Johnson, ENS founder, endorsed the change in ownership. He wrote on X:　　“[This is] truly the end of an era. Heres the message I just sent to the ENS root keyholders, requesting the transfer of the last of their powers to the DAO.”　　Johnson‘s attached email stated that the Decentralized Autonomous Organization (DAO) of ENS, which is a governance group formed and controlled by ENS token holders, voted unanimously to acquire control of the project’s root node.　　He said that, in response to those voting results, he created a transaction to execute two actions that transfer root control to the DAO address (wallet.ensdao.eth). He wrote that this transaction transfers all remaining multisig responsibilities to the DAO, thereby “retiring the multisig entirely.” It is unclear whether the other multisig owners have approved the transaction.　　Individuals who previously managed ENS‘ multisig include Chainlink’s Sergey Nazarov, Metamask‘s Dan Finlay, MyCrypto’s

2023-12-16Ethereum

BlackRock and U.S SEC Hold Fourth Meeting on Spot Bitcoin ETF

Bitcoin　　BlackRock and U.S SEC Hold Fourth Meeting on Spot Bitcoin ETF　　Balita ng Ethereum ng Bitcoin　　This meeting is part of the regulatory bodys ongoing evaluation of digital currency products. 　　These debates are crucial, according to Bloomberg analyst James Seyffart.　　The fourth meeting between BlackRock and the U.S SEC to discuss the eagerly awaited Spot Bitcoin ETF has taken place. Documented in an official filing, this most recent conversation is one in a string of recent exchanges between the SEC and prospective issuers.　　Moreover, the involvement of the SEC, headed by Chairman Gary Gensler and his colleagues, in these meetings suggests a greater focus on cryptocurrency-based financial products from a regulatory standpoint.　　Walang humpay na Pursuit　　This meeting is part of the regulatory bodys ongoing evaluation of digital currency products. Investors are keeping a careful eye on these meetings since a Spot Bitcoin ETF might be approved, which would be a big step towards mainstreaming cryptocurrencies in finance.　　The proposal is deserving of significant attention in light of BlackRock‘s relentless pursuits and the SEC’s involvement. These debates are crucial, according to Bloomberg analyst James Seyffart, who has pointed out the possible effects on the crypto market as a whole.　　Furthermore, Gensler, the head of the SEC, recently spoke

2023-12-16Bitcoin

Pullix (PLX) Utilizes Ethereum (ETH) Scaling Solution To Rival Top Exchanges Like Crypto.com (CRO)

Balita ng Ethereum ng Bitcoin　　Crypto.com is one of the most established centralized cryptocurrency exchanges. However, several limitations have been attributed to this exchange because of its centralization. Pullix(PLX) has launched a hybrid new exchange with solutions to these problems.　　The exchange also leverages an Ethereum scaling solution to offer greater transaction speeds. Let us explore the strategies that have propelled Pullix into prominence in the world of cryptocurrency trading.　　Solving the Problems of Centralized Exchanges　　Although centralized exchanges (CEXs) have contributed to the growth of the cryptocurrency industry, they arent without their limitations. Exchanges like Crypto.com offer limited access to tradable assets, charge high transaction fees, and are relatively slower.　　However, the most notable challenge is users lack of control over their digital assets. While they offer access to some of the best cryptos, users are limited in the options they have. Also, registration often comes with strict KYC procedures. These challenges have been identified and solved by the new challenger of Crypto.com, Pullix.　　Pullix (PLX): The Next Big Thing in Crypto Trading　　Pullix has introduced a new hybrid trading exchange aimed at bridging the gap between decentralized and centralized exchanges. The exchange is built to offer users the best of both worlds. Pullix has solved

2023-12-16Ethereum

JP Morgan: Higitan ng Ethereum ang Bitcoin sa 2024, Hinahati ang Price In

Bitcoin Ethereum　　JP Morgan: Higitan ng Ethereum ang Bitcoin sa 2024, Hinahati ang Price In　　Balita ng Ethereum ng Bitcoin　　JP Morgan has poured cold water on hopes of a crypto bull run next year, with the banks analysts taking a “cautious” stance in their 2024 crypto outlook.　　Analysts led by Nikolaos Panigirtzoglou said in a newly published report that the Bitcoin halving is “largely priced in,” since the halving event and its effect on the Bitcoin supply are “predictable and in our opinion are well factored into the current bitcoin price.”　　The team argued that based on the current hash rate and mining difficulty, that the production cost for miners would rise from around $22,000 at present to around $44,000 post-halving.　　Bitcoins current price of around $42,000 is consistent with a 5% drop in the post-halving hash rate, which “seems too low,” with the team anticipating a 20% drop in the hash rate and miners with higher overheads exiting the market.　　Since the 2020 halving brought to a 1:1 ratio with miners production cost, and the current Bitcoin price is around twice the production cost, it implies that the 2024 halving is largely priced in, the report suggested.　　could “outperform” in 2024, the report said, pointing to

2023-12-16Ethereum

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