Balita sa Industriya ng Crypto at Market Trends

Vitalik Reacts to Tensions Rising Between MakerDAO and ETH

Ethereum　　Vitalik Reacts to Tensions Rising Between MakerDAO and ETH　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Lately, the founder of MakerDAO made an announcement that caused panic in the Ethereum community. He said that the Solana will be forked for the projects future appchain migration. Shortly after that, Ethereum co-founder Vitalik Buterin sold his stake of 500 MKR for 353 ETH ($580,000).　　Heres How The Incident Unfolded　　The news quickly affected the price of Makers MKR governance token which was reduced by 5.6%. A little later, Buterin made his stance clear on the Discord server for Reflexer. For the uninitiated, Reflexer is an ETH-backed competitor to MakerDAOs DAI stablecoin. He asked Reflexer to make the most of this opportunity.　　The ETH co-founder suggested Reflexer welcomes minority liquid staking tokens (LSTs). This move will result in Ethereums higher capitalization in the stablecoin sector. As Maker has planned an exit from the network, the proactive approach will keep its competitors ahead.　　Reacting to MakerDAO‘s move, Buterin said that it’s taking reckless actions. He said that the time is right for RAI to become a dominant figure in this space. He advised the team to get hold of governance and to support active forms of staked ETH. Currently,

2023-09-09Ethereum

Maaaring Mahigitan ng Native USDC ang Ethereum-Linked USDC sa Hinaharap

Ethereum　　Maaaring Mahigitan ng Native USDC ang Ethereum-Linked USDC sa Hinaharap　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Circle announced that Native USDC is being introduced on Near protocol.　　Native USDC will provide constant redeemability and institutional on-ramps and off-ramps.　　Maples Cash Management Solution to also accept Native USDC deposits.　　USDC is making rounds on protocol, as reported by data analytics platform Messari. Earlier today, Messari tweeted that Near Protocol is introducing Native USDC on the platform.　　On September 7, Circle tweeted that over time, the liquidity offered by Native USDC can grow to take over the bridged Ethereum-originating USDC, currently in use. Moreover, Native USDC will unlock benefits, including enhanced stability, as it is fully reserved and always redeemable at a 1:1 ratio for US dollars, along with facilitating institutional on/off-ramps.　　Admirers of Native USDC are praising the token‘s proactivity, commenting, “Native USDC can’t seem to sit still, huh？ Always jet setting off somewhere.”　　On the other hand, USDC-SPL (Native USDC) deposits have made their way into Maple Finances pool. Yesterday, Maple Finance announced that their Cash Management Solution for DAO treasuries and startups is now live on Solana, generating yield backed by U.S. Treasury bills at the one-month rate, which currently stands just below 5%. Additionally,

2023-09-09Ethereum

Ethereum Creator Vitalik Buterin Co-Authors Paper Detailing Method for Weeding Out ‘Dishonest’ Crypto Users

crypto Ethereum　　Ethereum Creator Vitalik Buterin Co-Authors Paper Detailing Method for Weeding Out ‘Dishonest’ Crypto Users　　Balita ng Ethereum ng Bitcoin　　The co-creator of Ethereum (ETH) is detailing a mechanism by which dishonest crypto users can be rooted out of crypto mixing protocols.　　In a new paper, Ethereum co-creator Vitalik Buterin and four additional authors detail how privacy pools can be useful in weeding out unscrupulous crypto traders.　　A privacy pool is a smart contract-based privacy project that lets users generate new ETH addresses not associated with their prior transactions.　　As stated in the abstract of the paper,　　In a lengthy thread, one of the co-authors of the paper, Ameen Soleimani of Privacy Pools, further nagpapaliwanag how the protocol works and how it could help the issues experienced by users of sanctioned crypto mixer Tornado Cash, which was deemed a national security threat in 2022 and banned in the US.　　Soleimani says he plans on meeting with US regulators, such as the Office of Foreign Assets Control (OFAC) and and the Financial Crimes Enforcement Network (FinCEN), to see how the pools can be used to help bolster national security and combat money laundering.　　The paper concludes that privacy and regulation may be compatible despite generally being perceived as contradictory.

2023-09-08Ethereum

Ethereum volatility falls below Bitcoin as volume lags

Bitcoin Ethereum　　Ethereum volatility falls below Bitcoin as volume lags　　Balita ng Ethereum ng Bitcoin　　Key Takeaways　　Volatility has picked up in the last two weeks but remains low compared to normal levels　　Ethereum‘s realised volatility has now dipped below Bitcoin’s　　Suppressed trading volumes are a big reason why volatility is lacking　　August brought the lowest trading volume since October 2020　　Ask anybody to describe the cryptocurrency markets, and there is a strong chance that the word “volatile” will be mentioned.　　The nascent asset class is well known for aggressive price moves. However, it has not lived up to that reputation this year. Despite Bitcoin having increased 55% since the new year, the rise has been characterised by a slow and steady climb rather than sudden jumps as we have seen so often in the past.　　A glance at its volatility, plotted on an annualised basis over a rolling 30-day window, shows this below. While the volatility has risen in the last two weeks amid news of the positive ruling on Grayscales case against the SEC, as well as other ETF-driven narratives, it is still lagging far below what we have come to expect from Bitcoin.　　To be clear, realised volatility in the mid-30s is still extremely elevated when compared to

2023-09-08Ethereum

Ark Invest at 21Shares Apply Para sa Spot ETH ETF

Ark Invest, Cathie Woods $60B investment firm, and 21Shares, a digital asset management firm, filed an application with the U.S. Securities and Exchange Commission for a spot exchange-traded fund tracking the price of Ether on Sept. 6.　　The proposed Ark 21Shares Ethereum ETF is the first application for a spot Ether ETF in the United States. If approved, the trust would directly hold ETH.　　“The Trust provides investors with the opportunity to access the market for Ether through a traditional brokerage account without the potential barriers to entry or risks involved with holding or transferring Ether,” the filing said. “[21Shares] believes that the Shares are designed to provide investors with a cost-effective and convenient way to invest in ether without purchasing, holding and trading ether directly.”　　Coinbase Custody would hold ETH on behalf of the trust, and the ETF would reference the CME CF Ether-Dollar Reference Rate and adjust for expenses and liabilities. Shares in the ETF would be valued daily at 4pm EST based on the reference index.　　The news had little price impact, with ETH trading roughly flat over the past seven days.　　Presyo ng ETH　　The move comes as some analysts predict it may only be a matter of time before a spot

2023-09-08Industriya

Crypto whale loses $24M in staked Ethereum to phishing attack

A cryptocurrency whale has fallen victim to a massive phishing attack, losing millions of dollars in staked Ether (ETH) on the liquid staking provider Rocket Pool.　　The investor lost their entire address balance of Lido Staked ETH (stETH) and Rocket Pool ETH (rETH) on Sept. 6, the cryptocurrency security firm PeckShield iniulat.　　The hack was completed in just two transactions, with 9,579 stETH stolen in one and 4,851 rETH in another. At the time of the attack, the amount stolen was worth $15.5 million in stETH and $8.5 million in rETH, a staggering $24 million combined.　　According to PeckShield, the phisher subsequently swapped the assets for 13,785 ETH and 1.64 million Dai (DAI).　　A significant portion of the DAI stash has already been transferred into the fully automatic cryptocurrency exchange FixedFloat, PeckShield reported.　　SlowMists crypto tracking team, MistTrack, iniulat that most of the remaining stolen funds were transferred to three addresses.　　According to anti-scam source Scam Sniffer, the victim Pinagana token approvals to the scammer by signing “Increase Allowance” transactions.　　Allowance or access permissions are a feature of ERC-20 tokens that enable a third party to have the right to spend some tokens that belong to a different owner, using smart contracts. Some cryptocurrency observers have warned

2023-09-08Ethereum

Patuloy bang mawawalan ng halaga ang Curve Dao?

CRV open interest is $61.89 Million. As per Coinglass, a crypto analysis website, it fell by 1.28% in the previous session. The long versus short ratio for 24 hours is 0.8957. The short liquidation is $2.1 K versus $9.89K for the long liquidation.　　Curve Dao crypto plummeted by 1.36% in market value and rose by 9.69% in trading volume in the last 24 hours, as per CoinMarketCap, a crypto data analysis website. CRV market value is $380,723,057 and its trading volume is $22,652,518. There are currently 866,899,937 CRV in circulation.　　Technical Analysis Of CRV Crypto in the 1-Day Timeframe　　The CRV crypto price has been on a downward spiral for the last six months, losing more than half of its value and forming lower highs and lows.　　The CRV crypto price is facing a lot of bearish pressure and declining steadily. It is following a downward trendline that is acting as a resistance and signaling a downtrend. The price broke below the 50.00% Fibo level on May 8th, 2023, and continued to slide. The bears are dominating and the price is not showing any signs of recovery.　　The CRV crypto price may continue to fall and test or break the support levels of $0.40384000 and

2023-09-08Industriya

Magagawa-o-Break ba ang XTZ Mula sa Pattern na Ito?

Tezos price prediction showcases the decline of XTZ crypto through an interesting pattern over the daily time frame chart. XTZ crypto has been slipping inside the descending triangle pattern since July 2023 and is currently in a crucial make-or-break situation. Now XTZ cryptocurrency needs to accumulate buyers in order to surge out of the declining pattern. However, sellers are currently overpowering the situation to pull Tezos crypto price.　　Tezos cryptocurrency needs to attract buyers intraday to surge towards the upper trendline of the descending triangle pattern. Meanwhile, XTZ crypto price started slipping from the $0.92463472 level till the current level.　　Tezos price was at $0.68547000 and has lost 1.17% of its market capitalization during the days trading session. Trading volume fell by around 1.16% intraday. This demonstrates that sellers are currently present in the trade for a pullback. Volume to market cap ratio was at 1.79%.　　Will Tezos Price Register Its Breakout？　　Tezos price prediction showcases the struggle of XTZ crypto at the verge of descending triangle pattern. XTZ crypto is yet to break out from the pattern; it failed to sustain at the negative sloping line. However, volume change is below average and needs to grow intraday. Meanwhile, XTZ crypto is trading

2023-09-08Industriya

Bakit Bumababa ang XRP at Kailan Babalik ang Bulls? (Pagsusuri ng Ripple Price)

Ripples price has been gradually declining over the past few days, and the situation does not look promising for XRP at the moment.　　Teknikal na Pagsusuri ng　　Ang USDT Paired Chart　　On the USDT-paired chart, the price has been struggling to rebound after the recent drop from the $0.9 resistance level. The 200-day moving average, located around the $0.5 mark, is also failing to hold the market, as the price has been closing below it in recent days.　　Considering the current market structure and the RSI indicator showing values deep below 50%, there is a high likelihood of a drop towards the $0.43 support level in the short term.　　Pinagmulan: TradingViewAng BTC Paired Chart　　Looking at the BTC-paired chart, things are quite similar. While the 200-day moving average, trending around the 1850 SAT level, is still intact on this chart, the price is making clear lower highs and lows, indicating a bearish market structure.　　If the 200-day moving average and the 1800 SAT support level are broken to the downside, things will get ugly for Ripple, and the price could drop toward the 1500 SAT area in no time.　　Pinagmulan: TradingView

2023-09-08Industriya

Aling Meme Coin ang Mangibabaw sa Setyembre – Shiba Inu, Pepe, o Pomerdoge?

The meme coin industry has seen the emergence of different tokens in recent years with notable mentions being Shiba Inu (SHIB) and Pepe (PEPE). However, a new meme coin and lay-to-earn token, Pomerdoge (POMD) has joined the race. According to experts, Pomerdoge has more utility and benefits that will make it the meme coin king. Let us look at these benefits and utilities.　　Shiba Inu is the main utility token of the Shiba ecosystem. Meanwhile, the token serves several purposes in the ecosystem such as payment of fees and rewards. At the peak in 2021, the Shiba Inu price soared to an all-time high of $0.0000884, a 150,000x increase.　　However, the price of Shiba Inu has since dropped in recent months. By press time, the price of Shiba Inu is $0.00000819 today. This represents a 1.11% price decline in the last 24 hours and a 1.70% price decline in the past 7 days.　　One significant drawback associated with the Shiba Inu coin is its lack of practical application in the real world. However, the project is making up for this with the recent launch of Shibarium – a layer 2 scalability network for the Shiba Inu ecosystem.　　The journey of the Pepe coin has

2023-09-08Industriya

...

338340

...

1000