Shibarium on Brink of 1 Million Blocks

Shiba Inus Layer-2 solution is on the brink of a very important milestone. Shibarium has almost reached one million blocks, a testament to its rising utility since its first introduction on Aug. 16 and subsequent relaunch days later.  Shibariumscan reports that the total number of blocks processed by Shibarium has reached 999,182, just 818 blocks shy of the million mark.  Data from Shibarium Explorer also shows that total transactions on Shibarium have reached 3,336,872, while wallet addresses have reached 1,252,387.  The Shiba Inu ecosystem has also reached a new high point. SHIB total addresses have reached a new milestone for the number of addresses that have ever been created and held SHIB, including those that still do.  The total number of SHIB addresses has reached 3.61 million, according to IntoTheBlock data. Despite declining prices, Shiba Inus total number of addresses with a balance is increasing and has recently reached new highs of 1.26 million.  A rise in the number of addresses with a balance is generally regarded as a positive sign, indicating a strong and expanding user base.  Shiba Inu team member issues key alert  Shiba Inu team member Lucie has issued a critical alert, this time for exchanges and portals. Lucie urges exchanges and portals to

2023-10-08Industriya

Which Crypto is the Next to Moon? Analyzing the Best Cryptocurrencies Including Ethereum, Shiba Inu, ApeMax, Bitcoin, Solana, Dogecoin, Cardano, and More

Bitcoin crypto Ethereum  Which Crypto is the Next to Moon? Analyzing the Best Cryptocurrencies Including Ethereum, Shiba Inu, ApeMax, Bitcoin, Solana, Dogecoin, Cardano, and More  16 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Navigating the bustling avenues of 2023‘s crypto landscape reveals an array of stellar projects, blockchains, and cryptocurrencies, each vying for dominance in a market ripe with innovation. In this article, we’ll explore more closely the top coins that analysts have flagged as top contenders in the race towards becoming the next crypto sensation.  Best Cryptocurrencies to Watch in 2023:  A peek into the crypto sphere of 2023 unveils these notable candidates:  Ethereum  ApeMax  Bitcoin  Solana  Shiba inu  Dogecoin  Cardano  From the steadfast presence of Ethereum and Bitcoin to the young presale rising stars like ApeMax and the meme favorites Shiba Inu and Dogecoin, the crypto landscape is a dynamic playfield. Each coin displays something unique, but the buzz around new token ApeMaxs innovations is particularly hard to ignore.Why ApeMax is Worth Watching  Within the fresh crypto coin environment, ApeMax is becoming synonymous with innovation. Distinct from other meme tokens and established crypto giants, ApeMaxs unique “Boost-to-Earn” model and its fast growing presale trajectory set it apart.   Matuto pa sa ApeMax Website Ano ang Crypto Presale?  Crypto presales are all about granting eligible

2023-10-08Ethereum

Find The Next Big Thing in Crypto: Bitcoin Sparks Stunning Rise As XRP Flails

With more industry watchers predicting the future of crypto in the next 5 years, Bitcoin Spark‘s stunning rise amid XRP’s flail has placed it as a frontrunner for the next big thing in crypto.  Hula ng presyo ng XRP  The XRP price has remained within the confines of a symmetrical triangle pattern over the past month. Symmetrical triangles are historically viewed as continuation patterns, suggesting a prolonged influence on the token‘s price. The 200-day EMA offers a solid resistance against buyers. And despite a higher high formation in the RSI indicator indicating buyers’ attempt to gain control, the lower low formation in price shows that sellers are dominating. Analysts suggest given this trend, XRP is leaning more towards breaching the symmetrical triangles lower support. They argue that if this happens, it could trigger amplified selling pressure that could push the XRP price further down towards the $0.45 or $0.42 support level.  Ano ang Bitcoin Spark?  Bitcoin Spark is a groundbreaking cryptocurrency project that aspires to bridge the gap between real-world applications and the blockchain‘s trifecta of security, scalability, and decentralization. The Bitcoin Spark network harnesses the latent processing power lying dormant on countless devices worldwide. It then ingeniously offers individuals and organizations the opportunity

2023-10-08Industriya

Justin Suns $132M ETH Withdrawal: Is He About to Dump?

Justin Sun, the founder of TRON (TRX), applied to withdraw 80,251 ETH this past Wednesday.  The cryptocurrency entrepreneur already withdrew 43K ETH and deposited the tokens to Binance, according to Lookonchain.  From a technical perspective, ETH was attempting to recover above the $1,645 resistance level at press time.  The founder of TRON (TRX) and cryptocurrency entrepreneur, Justin Sun, applied to withdraw 80,251 Ethereum (ETH) tokens on Wednesday, according to a post shared by Lookonchain earlier today. This is making ETH holders jumpy as they are now questioning whether Sun is getting ready to dump his tokens, which could trigger a steep price drop.  So far, the entrepreneur has already successfully withdrawn about 43K ETH tokens and deposited them to Binance. The withdrawn ETH is worth about $70 million, according to the blockchain tracking platform.  Meanwhile, ETH was attempting to reclaim a position above the $1,645 threshold. This was after it had broken below the significant price point on 4 October 2023. Since then, the leading altcoins price has been able to break back above the 20-day EMA line, where it continued to trade at press time.  Pang-araw-araw na tsart para sa ETH/USDT (Source: TradingView)  Should the cryptocurrency close a daily candle above this resistance level within the

2023-10-08Industriya

3 reasons why Ethereum price cant break $2K

The price of Ethereums native token, Ether (ETH), has gained around 35% so far in 2023. But its attempts to break above $2,000, a psychological resistance level, have witnessed strong bearish rejections multiple times.  Lets take a closer looks at the three likely reasons why Ethereum price has failed to decisively retake $2,000 since May 2022.  Ethereum price paints bear cycle fractal  Ethereums inability to cross above $2,000 in 2023 resembles the bearish rejection near $425 in 2018-2019.  In both cases, Ether appears to be in a recovery phase while eying close above its 0.236 Fib line of the Fibonacci retracement graph.  In 2018-2019, the 0.236 Fib line was near $425 and was instrumental in limiting Ether‘s recovery attempts. In 2023, the same line is near $2,000, enforcing itself again as a selling area and, thus, pressuring ETH’s price lower.  Stronger U.S. dollar, Bitcoin  A strengthening U.S. dollar has dampened demand for Ethereum in recent months, thus reducing its ability to close decisively above $2,000.  The prevailing negative correlation between top cryptocurrencies and the dollar has been the main culprit. In 2023, in particular, the weekly correlation coefficient between Ether and the U.S. dollar index (DXY) has been consistently negative, as shown below.  Meanwhile, Ethereum has largely underperformed Bitcoin

2023-10-08Ethereum

Can AVAX cross the $11 hurdle?

Avalanche [AVAX] continued its bullish rally with a 10% pump over the past day. This took it to the $11 resistance level. Earlier in August, AVAX was rejected at this resistance level. Thus, a bullish break of the level remains critical to sustaining the bullish rally.  Green ba ang iyong portfolio? Suriin ang Avalanche Profit Calculator  Meanwhile, Bitcoin [BTC] climbed strongly toward the $28k price level with a 4.1% rise over the same period.  Is buying pressure sufficient to flip $11 price zone to support?  Pinagmulan: AVAX/USDT sa Trading View  The on-chart indicators strongly supported the bullish attempt to flip the $11 price level. The OBV (On Balance Volume) surged in trading volume, rising from 60.06 million to 62.59 million.  Similarly, the RSI (Relative Strength Index) displayed strong buying pressure by moving into the overbought zone. In addition, the CMF (Chaikin Money Flow) registered a positive reading of +0.30 which was a sign of massive capital inflows to AVAX.  Bulls can ride the trend with a session close above the $11 price level on the 12H timeframe. This would give buyers an added advantage to push for further gains at $12.5 to $13.6.  However, a failure to break the bearish resistance could hamper bulls in the short term

2023-10-08Industriya

Mga Presyo ng Crypto Ngayon: Tumaas ang Mga Presyo ng SUI, XMR, LDO Sa Huling 24H

Balita ng Ethereum ng Bitcoin  SUI, XMR, and LDO all saw their prices rise over the past day of trading.  SUI was the top performer after its price rose by over 4%, which was likely fueled by their $51.3 million DeFi ecosystem fund announcement.  XMR and LDO both secured price increases of just over 1%.  Over the past 24 hours, the prices of Sui (SUI), Monero (XMR), and Lido DAO (LDO) have experienced a significant increase in price, indicating a possible uptick in investor interest surrounding these tokens. The 24 hour success of XMR and LDO also secured them a spot on CoinMarketCaps trending list.  Sui (SUI)   At press time, SUI was worth about $0.4556 after its price was able to climb by 4.13% over the past 24 hours. This meant that the altcoin was trading just below its peak price for the past day, which stood at $0.4586.  SUI / Tether US 1D (Source: TradingView)  The tokens price rise could be attributed to the announcement made earlier this week that the Sui Foundation is set to bolster its DeFi ecosystem with a significant investment of $51.3 million through an ecosystem fund. The fund is aimed at providing crucial backing for DeFi developers and DeepBook.  DeepBook is an

2023-10-08Industriya

Hindi Inaasahang Update: Ang Hacker na Nagnakaw ng 5,000 Ethereum mula sa Huobi ay Ibinalik ang Mga Pondo

5,000 Ethereum (ETH) stolen from HTX, the cryptocurrency exchange formerly known as Huobi, was surprisingly returned by hackers.  The hackers left a note in the refund process, advising HTX to change the system hot wallet address and reduce the system hot wallet rate due to the leakage of the private key.  On September 25, HTX suffered a security breach that resulted in a loss of 5000 ETH, equivalent to approximately $8 million. The incident was immediately detected and addressed by the HTX team. According to HTX advisor and Tron founder Justin Sun, the firm fully covered the losses, ensuring all funds were safe.  The compromised wallet appears to be one of HTXs hot wallets and has received approximately $500 million in deposits from Binance since its inception in March.  Despite the significant loss, Sun reassured users on social media platform he said.  In response to the incident, trading at HTX continued as usual.  Sun had announced that HTX was ready to offer the hacker a $400,000 bug bounty in exchange for the return of the stolen funds. The hacker also added a wallet address for the reward in the note he left to the exchange during the refund process.

2023-10-08Industriya

Ethereum Price Consolidates Amid Looming Bearish Sentiment

Balita ng Ethereum ng Bitcoin  The number of addresses with 1,000 or more ETH has dropped to a five-year low.  ETH recently found support around the $1610 area after facing severe selling pressure.  Vitalik Buterin, co-founder of Ethereum, recently put forth ways to address issues of decentralization. He proposes a two-tiered staking mechanism with node operators and delegators as separate participant types.  Buterin argued that the network and its users would benefit greatly from this approach and listed many potential advantages. From the vantage point of the network, it may be possible to reap a number of benefits.  First, scalability may be considerably improved and computational overhead dropped by lowering the number of signatures per block to about 10,000. Increased difficulties for attackers seeking to hold a majority share would also improve network security and decentralization.  Bearish Pressure  According to statistics compiled by Glassnode, the number of addresses with 1,000 or more ETH has dropped to a five-year low, reaching only 6,010. This indicates that large investors are either liquidating their holdings or moving their ETH, which might have a detrimental impact on the price of Ethereum.  At the time of writing, ETH is trading at $1641, up 0.53% in the last 24 hours as per data from

2023-10-07Ethereum

Where Ethereum Fails: DLCs, Atomic.Finance, and Bitcoin-Native Financial Services

Bitcoin Ethereum  Where Ethereum Fails: DLCs, Atomic.Finance, and Bitcoin-Native Financial Services  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Earlier this week, I sat down with Matthew Black, the Chief Technology Officer of Atomic.Finance, to discuss Discreet Log Contracts (DLCs), a cutting-edge development in Bitcoins often misunderstood smart contract ecosystem. Black unveils how DLCs are structured and set to revolutionize the world of financial agreements and transactions using the Bitcoin blockchain.  The discussion spotlights the specific infrastructure of Atomic.Finance, a pioneering platform specializing in Bitcoin-native financial services, and its overarching mission to redefine traditional finance within the Bitcoin ecosystem. Through a thorough examination of the underlying technology and the wider implications of Bitcoin-native financial services, Black explains how this paradigm shift may influence Bitcoin adoption, regulatory concerns, and the decentralization of financial services within the broader financial market.  Mark Goodwin: Matthew, thank you so much for joining me. How many users roughly does Atomic.Finance currently have? And do you have an estimation on the number of bitcoin thats currently utilized in the system?  Matthew Black: It is still early days. We have 230 users, I believe. And just under 70 bitcoin locked at the moment. So we are still growing.  Goodwin: Have you guys encountered any regulatory

2023-10-07Ethereum
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