Litecoin overtakes Bitcoin: Is there a new sheriff in town?

In a massive boost for the Litecoin [LTC] ecosystem, LTC became the most used crypto for payments for the first time in June, outperforming all major assets, including Bitcoin [BTC].  Green ba ang iyong portfolio? Tingnan ang Litecoin Profit Calculator  As tracked by the world‘s largest payment processor BitPay, LTC’s share of the global payments surged to 34.9% in June, a sharp uptick from 28.78% during May. In the process, the “Silver” marginally outpaced the “Gold,” as Bitcoins share dropped from 36.39% to 34.06%.  Source: BitPay  Reacting to this significant development, the creator of Litecoin, Charlie Lee, sinabi,  “Tbh, I wasn‘t sure we’d see this day, but it happened! Litecoin payments on BitPay surpassed even Bitcoin.”  LTC flexing muscles  LTC has been building strong momentum as its widely anticipated halving event is just round the corner. It was one of the top gainers in the last month among assets, with a market valuation of more than $2 billion. Riding on the positive sentiment, the coin stormed to a 14-month high of $113 earlier in the week, as per CoinMarketCap.  It was worth noting that LTC‘s total transaction count increased significantly in June, reaching levels comparable to Bitcoin’s daily tally in several cases, as per Glassnode.  Litecoins demand for facilitating

2023-07-08Industriya

Ethereum Co-founder Vitalik Buterin Applauds Bitcoin Ordinals 

Vitalik Buterin, during a July 7, 2023, Twitter Space, spoke about Bitcoin Ordinals stating it brought back the back. The Ethereum co-founder was speaking with Bitcoin proponent Eric Wall and Udi Wertheimer and praised the new developments in the Bitcoin blockchain.  OK SUBUKAN NATIN ULIT! @VitalikButerin  - Udi Wertheimer (@udiWertheimer) Hulyo 6, 2023  Vitalik Buterin Praises Bitcoin Ordinals  The Ethereum co-founder thinks that since the inception of Bitcoin Ordinals, there has been a revival of the builder culture over the network. He also praised the new BRC-20 token standard. Buterin sees the new standard as rejecting political stagnancy in the Bitcoin ecosystem.  Ever since the Ordinals arrived, argued Buterin, the builder culture responsible for exciting developments and innovations is back on the network. Furthermore, he said The conversation with the host lasted a couple of hours and was primarily centered around scalability issues.  Wall argued that the praised Bitcoins Lightning network, which facilitates faster transactions, cannot be scaled up for future users. Also, the system fails frequently even when a medium-sized payment is being processed. Unless these issues could be adequately addressed, achieving scalability would be different.  In response, the Ethereum co-founder suggested an approach; he said the best practice would be to emphasize implementing different types

2023-07-08Industriya

Aave governance will migrate 1,600 ETH to wstETH and rETH

Ethereum  Aave governance will migrate 1,600 ETH to wstETH and rETH  Balita ng Ethereum ng Bitcoin  In an effort to put idle ether to work, Aaves community governance has voted to convert 1,600 ETH (roughly $3 million) into wsETH and rETH held in the Ethereum Collector Contract.  The Aave DAO now holds 1,786 awETH in Aave v2, which yields 1.69%, and 104 raw ETH in the Ethereum Collector Contract.  To make more use of the ETH sitting in the protocol, the proposal requested to move 800 ETH into Rocket Pool‘s rETH — plus an additional 800 ETH into Lido’s stETH and then wrap it to receive 800 rstETH.  “This AIP converts all the unproductive ETH balance, along with aWETH (v2 and v3) into the same amounts of wstETH and rETH,” the proposal said.  A total of 17 addresses voted, 100% in favor, with the majority of votes coming from two specific addresses. One was aavechan — a delegate platform founded by Marc Zeller, Aaves founder.  It‘s commonplace to delegate votes to decision-makers in DAOs. Such delegations represent a wider community of DAO members, who share or agree with a delegate’s perspective.  The proposal was the second that was part of a larger goal to deploy the Ethereum Collector Contract,

2023-07-08Ethereum

Vitalik Buterin Lauds Bitcoin Ordinals, Believes BRC-20 Standard Could Revive Stagnancy

Bitcoin  Binubuo ni Vitalik Buterin ang mga Ordinal ng Bitcoin, Naniniwala ang BRC-20 Standard na Maaaring Buhayin ang Stagnancy  Balita ng Ethereum ng Bitcoin  Bitcoin maximalists have proved to be highly staunch supporters of the crypto asset. For more than a decade, they have stayed as a united front, but the advent of Ordinals shook up the long-standing narrative. 2023 will be known for many things, one of them being – the Bitcoin communitys split into two warring factions.  The first cohort are Ordinals skeptics and supporters of “staying true” to Bitcoin – using the asset purely to process transactions. The second cohort is Ordinals fans. Both groups have compelling arguments to back up their case, but Vitalik Buterin believes Bitcoin Ordinals booming popularity has helped revive the developers of the network.  Vitalik Buterin Praises Ordinals  While addressing a July 7 Twitter Puwang with Eric Wall and Udi Wertheimer, the Ethereum founder said Ordinals are starting to revive a “culture of actually doing things,” which, according to him, feels like a “real pushback to the laser-eye movement.” He believes this trend is good for the overall ecosystem.  The Ordinals protocol enabled NFTs on the Bitcoin network. Until then, Ethereum dominated the NFT scene. Hence, it can be

2023-07-08Bitcoin

Best Crypto To Buy Now Not Named Bitcoin

Balita ng Ethereum ng Bitcoin  balita ng 以太坊 ng 比特币  With the crypto markets meteoric rise, more people are keen to explore cryptocurrencies beyond the typical Bitcoin investment. This burgeoning interest is further piqued by the myriad of projects that have sprung up, each promising unique value propositions and significant ROI. While the sheer volume of altcoins can be daunting to newcomers, this article will explore the seven best crypto to buy now not named Bitcoin. From altcoins specializing in fractionalized NFT investing, play-to-earn gaming rewards, and enhancing DeFi connectivity to revolutionizing rendering processes, these coins offer a diversified investment portfolio for beginners and experienced investors.  随着加密货币市场的迅速崛起,越来越多的人热衷于探索典型比特币投资之外的加密货币。无数项目的涌现进一步激发了这种新兴的兴趣,每个项目都承诺独特的价值主张和显着的投资回报率。虽然山寨币的庞大数量可能会让新手望而生畏,但本文将探讨目前最值得购买的七种加密货币,而不是比特币。从专门从事分散式 nft 投资、边玩边赚的游戏奖励、增强 defi 连接性到彻底改变渲染流程的山寨币,这些代币为初学者和经验丰富的投资者提供了多元化的投资组合。  Best Crypto To Buy Now Not Named Bitcoin  现在最值得购买的加密货币不是比特币  Beyond Bitcoin, the crypto market brims with promising altcoins, each representing unique value propositions. Seven standout tokens include InQubeta, pioneering fractionalized NFT investing in AI startups; DigiToads, intertwining play-to-earn gaming with NFTs; Manifold Finance, augmenting DeFi connectivity; Ocean Protocol, democratizing data access; Trust Wallet Token, driving a popular wallet ecosystem; Render, revolutionizing rendering processes; and Litecoin, an enduring alternative to Bitcoin. These diverse tokens offer profitable investment opportunities for every investors portfolio.  除了比特币之外,加密货币市场还充满了有前途的山寨币,每种山寨币都代表着独特的价值主张。七个杰出代币包括 inqubeta,它是人工智能初创公司的分散式 nft 投资先驱; digitoads,将边玩边赚钱的游戏与 nft 结合在一起; manifold finance,增强 defi 连接;海洋协议,数据访问民主化; trust wallet token,驱动流行的钱包生态系统;渲染,彻底改变渲染流程;和莱特币,比特币的持久替代品。这些多样化的代币为每个投资者的投资组合提供了有利可图的投资机会。  InQubeta (QUBE)

2023-07-08Bitcoin

XRP and Doge to Outperform Bitcoin, But Theres a Catch: Trader

According to renowned cryptocurrency trader Rager, smaller altcoins such as XRP and Dogecoin may outshine more established cryptos like Bitcoin and Ethereum  Well-known cryptocurrency chartist Josh Rager has suggested that smaller altcoins, such as XRP and Dogecoin, could Lumabas major crypto assets like Bitcoin and Ethereum in the coming years.  The lions share of investors believes the flagship cryptocurrency will remain the most profitable major crypto asset over the next three years.  However, smaller cryptocurrencies are likely to outperform their larger counterparts due to their potential for higher returns.  Nevertheless, Bitcoin remains a safe asset for holding capital, with Rager stating there is “nothing wrong with people putting [the] majority of their capital there.”  While the promise of smooth sailing and larger returns from smaller altcoins is appealing, Rager hoists a caution flag. He suggests it is wiser to navigate the calmer waters of safer assets with smaller returns, rather than risk being swept away in the turbulent currents of high-risk investments with a chance of capsizing due to unpredictable market maneuvers.  Rager also commented that Litecoin does not have an ETF potentially about to be approved in response to a question about the O.G. altcoin. The trader argued, “I don‘t know how anyone can say

2023-07-08Bitcoin

Lidos impact on Ethereum staking, revealed

Ethereum  Lidos impact on Ethereum staking, revealed  Balita ng Ethereum ng Bitcoin  Basahin ang Prediction ng Presyo ng Lido [LDO] 2023-24  Lido sees return stakers  New Lido addresses holding stETH is oscillating between 230-590/day, which is more or less unchanged YTD.  This leads us to the conclusion that many new deposits made via Lido are driven by existing stETH token holders increasing their exposure. pic.twitter.com/AoW2l004kA  - Salamin (@glassnode) Hulyo 6, 2023  The current share of the staking marketLido TVL in an overall upward trend  Magkano ang halaga ng 1,10,100 LDO ngayon?  LDO unimpressed

2023-07-07Ethereum

Ethereum Network Growth Hits 4-Month Peak; Can the ETH Bulls Pick From Here?

Ethereum  Ang Ethereum Network Growth ay umabot sa 4 na Buwan na Peak; Maaari bang Pumili ang ETH Bulls Mula Dito?  Balita ng Ethereum ng Bitcoin  The Ethereum (ETH) market has struggled to rally past $2000 in the past four months, raising concerns of possible correction in the coming months. The indecisive nature of the Ethereum market in the past few months has undeniably cooled down the crypto bear market rally.  Nonetheless, the weekly Ethereum price action shows the bulls are still in control of the bear market rally. Moreover, Ether price action has not invalidated the higher highs and higher lows YTD.  Ethereum On-chain Activity On the Rise  According to a recent on-chain study conducted by market intelligence platform Santiment, Ethereums network growth has hit its four-month peak despite market indecisiveness. Interestingly, the number of new Ethereum addresses created this week has scaled higher than 550k. According to Santiment, the exponential increment of Ethereum addresses is a direct indication of an imminent growth in market cap.  As the leading smart contract-based blockchain, Ethereum has attracted more DeFi developers in the past few years. The Ethereum network had a total value locked (TVL) of about $26 billion with its stablecoins market cap at about $68.9 billion on

2023-07-07Ethereum

ETH DeFi circuit breaker could cut hack losses by 70% — Developer

Ethereum  ETH DeFi ‘circuit breaker’ could cut hack losses by 70% — Developer  Balita ng Ethereum ng Bitcoin  A decentralized finance “circuit breaker” could have prevented billions of dollars worth of crypto being stolen from DeFi protocols in 2022, according to the developer of the newly published ERC-7265 proposal.  A new Ethereum request for comment (ERC) was published on Github on July 3. In it, the lead developer Diyahir Campos proposed a standard for a DeFi “circuit breaker.” It essentially aims to set a standard for a smart contract with the ability to halt suspiciously large token outflows from a DeFi protocol.  1Inanunsyo ang ERC 7265: Circuit Breaker  Inaayos namin ang pinakamalaking problema sa DeFi Security – kawalan ng oras ng pagtugon para mabawasan ang mga hack.  Last year was the single biggest year for crypto hacks, with at least $3.1 billion stolen from DeFi protocols, 65% of that coming out of cross-chain bridges.  Speaking to Cointelegraph, Campos said circuit breakers could have prevented billions in losses.  “The ones that werent rugs, you could probably save 70% of the money […] with minimal impact to users.”  Campos revealed he was one of the many that lost funds in the $195 million Euler Finance attack in March, which led to contagion

2023-07-07Ethereum

Ethereum Trading Volume Surges 35%, Can It Break $2,000 Before The Weekend?

Ethereum  Ang Dami ng Ethereum Trading ay Lumakas ng 35%, Mababali ba Ito ng $2,000 Bago Ang Weekend?  Balita ng Ethereum ng Bitcoin  Ethereum followed up with the recovery of Bitcoin on Thursday, marking a green start to another trading volume. Amid this, the digital assets trading volume has jumped significantly in just the last day, a development that could drive the cryptocurrency toward the coveted $2,000 level.  Ethereum Daily Trading Volume Rises By 35%  According to coin data tracking website Coinmarketcap, the Ethereum daily trading volume has seen one of the most rapid rises in the last day. At the time of this writing, the Ethereum daily trading volume has ballooned to over $7 billion. This increase is a solid 35% higher than the daily trading volume recorded the prior day.  The ETH/USDT trading pair has accounted for the majority of this volume with this trading pair on the Binance exchange alone crossing $610 million. However, the ETH/USD pair on Coinbase, the largest cryptocurrency exchange in the United States, has climbed to one $156 million as well.  This rise in trading volume has seen the digital asset‘s price reclaim support above $1,940, albeit a shaky one. Nevertheless, it shows the bulls are currently waking up once

2023-07-07Ethereum
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