Balita sa Industriya ng Crypto at Market Trends

Is Ethereum Targeted by the SEC? Will ETFs Be Approved? JP Morgan Hopeful!

Ethereum　　Is Ethereum Targeted by the SEC？ Will ETFs Be Approved？ JP Morgan Hopeful!　　Balita ng Ethereum ng Bitcoin　　While the SEC continues to increase its pressure on the cryptocurrency industry, its latest target was the US-based cryptocurrency platform Robinhood.　　At this point it was revealed that the SEC sent a Wells Notice to Robinhood in early May.　　While discussing the possible effects of the SECs Wells Notice sent to Robinhood on the cryptocurrency industry, the latest assessment came from JP Morgan.　　SEC Will Have to Approve Ethereum ETFs!　　The SECs Wells Notice to Robinhood Crypto is unlikely to block final approval of spot Ethereum ETFs, JP Morgan analysts said, The Block reported.　　JP Morgan analysts led by Nikolaos Panigirtzoglou said that the SEC will eventually make a decision on ETH, but that the SEC will not classify ETH as a security or commodity but in another ‘intermediate’ category.　　Analysts also noted that it would not be a huge disappointment for the markets if the SEC rejected Ethereum ETFs in May, and the markets were not expecting approval this month anyway.　　In our view, the Wells notice does not appear to preclude the eventual approval of the spot Ethereum ETF by the SEC.　　ETFs may not be approved as soon as

2024-05-10Ethereum

Ethereum’s Post-Dencun Economics — Analysts Say Is ETH No Longer Ultrasound Money ⋆ ZyCrypto

Ethereum　　Ethereums Post-Dencun Economics — Analysts Say Is ETH No Longer Ultrasound Money ⋆ ZyCrypto　　Balita ng Ethereum ng Bitcoin　　Ethereum has entered a new regime dominated by low network revenue generated from fees after its March Dencun upgrade. But this has turned the networks native token, ether, into an inflationary currency, according to CryptoQuant.　　Ethereum Remains Inflationary　　Ethereum users during the past bull markets complained about exorbitant gas fees, with the network prone to congestion due to increased activity from non-fungible token (NFT) trading and decentralized finance (DeFi). Those days are long gone following the execution of the Dencun upgrade.　　Analysts at on-chain data firm CryptoQuant noted in a May 8 research report that the median ETH transaction cost today is roughly four times lower than before Dencun went live when comparing periods of similar network activity.　　While the development is positive for Ethereum users who can conduct transactions cheaper than before, it affects ETHs supply by keeping it inflationary by permanently destroying fewer tokens than new issuance.　　Could someone tell me how is ETH not crashing？ The total fees are bottoming. The burn is bottoming. Inflation is actually hitting same levels as Bitcoin once in a while. CEO and General Council for Consensus: We have started

2024-05-10Ethereum

Vitalik Buterin Proposes EIP-7702: a revolution for Ethereum

Ethereum　　Vitalik Buterin Proposes EIP-7702: a revolution for Ethereum　　Balita ng Ethereum ng Bitcoin　　Vitalik Buterin, the visionary co-founder of Ethereum, together with co-authors Sam Wilson, Ansgar Dietrichs and Matt Garnett, has recently presented a revolutionary proposal: the EIP-7702.　　This proposal aims to enhance the concept of “account abstraction” on Ethereum, introducing new flexibility and potential to externally owned accounts (EOA), such as regular wallets, allowing them to temporarily take on the functions of a smart contract during a transaction.　　What is EIP-7702？ The proposal by Ethereum co-founder Vitalik Buterin　　The EIP-7702, or Ethereum Improvement Proposal 7702, is a technical proposal that aims to extend the capabilities of externally owned accounts on Ethereum, allowing them to behave like smart contracts.　　Normally, EOAs are simple wallets that can send and receive funds, but cannot execute arbitrary code like smart contracts.　　However, with the introduction of EIP-7702, these accounts will be able to temporarily activate smart contract capabilities to perform complex operations, and then return to their original state once the transaction is completed.　　The need for such innovation stems from the current limitations of EOAs, which cannot directly participate in more complex transactions without the intermediation of a smart contract.　　This not only complicates some operations but also limits the possibilities

2024-05-10Ethereum

Mapapanatili ba ng Worldcoin ang Rally nito? Potensyal na Paghinto sa Midway

Tech　　Mapapanatili ba ng Worldcoin ang Rally nito？ Potensyal na Paghinto sa Midway　　Balita ng Ethereum ng Bitcoin　　Worldcoins (WLD) price is in the middle of validating a bullish reversal pattern, but the broader market cues are causing a delay.　　Nevertheless, with the support of its investors, the cryptocurrency could continue its rally, provided it stays above key support.　　Worldcoin Investors Remain Optimistic　　Worldcoins price witnessed correction over the past few days, resulting from the market cooling down. The altcoin was in the midst of noting a bullish reversal rally and will likely continue that in the future.　　This is because, despite the correction, WLD holders remained bullish in their behavior. Whale addresses, in particular, not only continued accumulation but even accelerated their pace. In the span of a week, addresses holding between 100,000 and 1 million WLD added more than 2 million WLD.　　Worldcoin Whale Holdings. Source: Santiment　　This $11.6 million purchase is a signal that investors are gearing up for further increases in price.　　Secondly, participation among retail and whale investors has also witnessed a considerable increase. An increase in the transactions being conducted on-chain, along with the rise in price, is considered a buy signal.　　Worldcoin Active Addresses. Source: IntoTheBlock　　Should this lead to a surge in accumulation among

2024-05-09Industriya

Ethereum (ETH) on Verge of Fall, XRP Death Cross Solidifies, Solana (SOL) Breakout Could Be Fake

Larawan ng pabalat sa pamamagitan ng www.freepik.com　　Disclaimer: Ang mga opinyon na ipinahayag ng aming mga manunulat ay kanilang sarili at hindi kumakatawan sa mga pananaw ng U.Today. Ang impormasyon sa pananalapi at merkado na ibinigay sa U.Today ay inilaan para sa mga layuning pang-impormasyon lamang. Ang U.Today ay hindi mananagot para sa anumang pagkalugi sa pananalapi na natamo habang nangangalakal ng mga cryptocurrencies. Magsagawa ng iyong sariling pananaliksik sa pamamagitan ng pakikipag-ugnayan sa mga eksperto sa pananalapi bago gumawa ng anumang mga desisyon sa pamumuhunan. Naniniwala kami na ang lahat ng nilalaman ay tumpak sa petsa ng paglalathala, ngunit maaaring hindi na available ang ilang partikular na alok na binanggit.　　Ethereum is currently on the edge of a significant price drop. As of the latest charts, Ethereum is trading close to the $3,000 mark, a critical psychological barrier. This precarious position signals a potential fall toward $2,950, an event watched closely by market observers.　　The trading volume, while subsiding, hints that this potential dip could be temporary. However, the stability of Ethereums price largely hinges on its ability to maintain support at $2,961. The fall below this level would cause a more pronounced drop to around $2,780. This scenario is not just

2024-05-09Ethereum

Solana surges, Shiba Inu dips, at Furrever Token Hits $1 Million milestone: Huling 24 na oras para Sumali sa $10,000 Giveaway Competition

Shiba Inus Strategic Surge: A Path to Stability　　Shiba Inu (SHIB) is currently priced at around $0.000024, marking a 6% decrease from yesterday. In a recent development, SHIB has witnessed an extraordinary 4000% surge in its token burn rate, with 81.64 million tokens burned in the last 24 hours. This significant reduction in market supply aims to bolster price stability amidst market uncertainties. Coupled with a 3.33% increase in SHIBs open interest and a decline in token liquidations, this initiative reflects a strategic effort to fortify the tokens financial ecosystem.　　Furrever Token (FURR) Celebrates Its Successful Presale with a $10,000 Giveaway　　Furrever Token (FURR) distinguishes itself in the crypto landscape with its charming features tailored to offer users an endearing experience. Central to its appeal is the infusion of adorable cat imagery throughout the platform, comprising stickers, emojis, and visuals that inject a sense of whimsy into the crypto sphere. This lighthearted approach sets FURR apart, providing users with a delightful environment that transcends the typical seriousness of blockchain projects.　　Moreover, FURR prioritizes community engagement, fostering a warm and welcoming atmosphere where members bond over their shared love for cute kitties. Through regular challenges, events, and growth initiatives, users actively participate in shaping the

2024-05-09Industriya

Ang Tellor (TRB) Crypto Records ay 20% na Nadagdag, Maari ba Nitong Malampasan ang $160.0 Susunod?

Tellor is a system of decentralized oracles that supports blockchain networks by providing important data from external sources to smart contracts within the chain. Its goal is to revolutionize decentralized finance by facilitating smooth incorporation of real-world data into blockchain applications.　　The security of the system relies on its governance agreement, utilizing a simple conflict resolution process to guarantee agreement within the community regarding reported information.　　According to the most recent information, TRB has increased by more than 19.40%, climbing to around $132.41 in the last day (at press time). Furthermore, Tellor Crypto currently has a market capitalization of approximately $354.67 Million, with a trading volume of $577.5 Million, showing an increase of 43.07%.　　Therefore, if the TRB price continues to climb, it may reach the next target of $160.0. However, if it fails to stay above $100, there could be a further decline.　　TRB Price, Volume, And MArketcap | By Santiment.com　　According to the tweet on the X platform, this weeks tellor (TRB) crypto reporters reported that there were 1755 in total reports, and the total staked TRB was 39,445.　　????‍♂️this week‘s tellor ’reporters report: 　　— Tellor (@WeAreTellor) Mayo 4, 2024　　Tweet By Tellor | By X Platform　　Tellor Crypto Tops As Top Performing Assets In May,

2024-05-09Industriya

Vitalik Buterin Ng ETH Inanunsyo ang EIP-7702, Mga Gumagamit na Nakakaapekto

In a step forward, the Ethereum blockchain has announced the new EIP, marking the way for an innovative approach towards account management and transaction processing.　　EIP-7702 has risen　　— ً (@lightclients) Mayo 7, 2024　　This improved proposal aims to reduce the gap between current Ethereum workflows and the potential future state known as “endgame account abstraction” without bringing drastic changes to existing infrastructure.　　Technical Implications it allows account balances to potentially increase as a result of actions initiated by other accounts.　　This modification poses new challenges for transaction processing and mempool design, similar to those addressed by previous proposals like EIP-3074.　　Forward Compatibility and Community Reactions　　EIP-7702 has been designed with an eye towards endgame account abstraction (AA). This advancement envisions a network where the distinction between contracts and non-contract accounts is blurred, leading to more uniform handling of operations and enhanced flexibility in managing digital assets.　　The communitys response to EIP-7702 has been mostly positive, appreciating its potential to reduce friction in transitioning to more sophisticated account structures while maintaining backward compatibility with existing systems and technologies.　　Security Remains A Top Priority　　The proposal emphasizes the need for rigorous precautions when signing contract codes. The security framework and considerations from EIP-3074, which share similar functionalities and security challenges, are

2024-05-09Ethereum

Vitalik Buterin leads proposal for EIP-7702, aiming to enhance Ethereum’s account abstraction

A proposal put forth by the co-founder of Ethereum, Vitalik Buterin, together with developers Sam Wilson, Ansgar Dietrichs, and Matt Garnett, has introduced a new transaction type aimed at improving the functionality of Externally Owned Accounts (EOAs) on the Ethereum blockchain. EIP-7702 is an initiative that is aimed at temporarily converting EOAs into a smart contract wallet upon transactions, thus improving usability and security. The concept of the draft proposal was introduced as a new approach to enable traditional wallet accounts to perform advanced operations usually available for smart contracts.　　The EIP-7702 is intended to introduce functions like transaction batching and sponsored transactions where a fee can be paid by a third party. The proposed standard involves introducing a contract_code field and a signature to transactions that allows EOAs to temporarily masquerade as smart contracts. These developments are anticipated to address the problems of transaction speed and user convenience on the Ethereum network.　　Enhanced safety and control with EIP-7702 proposal　　The proposal pays special attention to the enhancement of safety and utilization possibility of EOAs by simplifying privileged de-escalation. This implies that subkeys can be signed by users with limited rights, which improves the security of operations. To illustrate, the primary holder of

2024-05-08Ethereum

Pang-araw-araw na Pagsusuri sa Market: BTC, ETH, ENA, LDO, TRX

Markets are still in consolidation in todays session as seen from the global market cap movement. The total market cap stood at $2.33T as of press time, representing a 0.68% decrease over the last 24 hours while the trading volume dropped by 9.9% over the same period to stand at $63.64B.　　Pagsusuri ng Presyo ng Bitcoin　　Bitcoin (BTC) is facing consolidations still, as eviedenced by its price movements in todays session. Looking at an in-depth analysis, we see that there is a “Falling Wedge” formation, which is typically a bullish reversal pattern. This suggests that if the price breaks out upward from the wedge, a bullish move could follow.　　On the other hand, looking at other indicators,we see that the RSI (Relative Strength Index) is around 54, indicating neither overbought nor oversold conditions, suggesting that there could be room for either direction depending on market dynamics. As of press time, the Bitcoin price stood at $62,462, representing a 1.9% drop from its previous 24-hour price.　　4 na oras na BTC/USD Chart | Pinagmulan: TradingViewPagsusuri ng Presyo ng Ethereum　　Ethereum (ETH) is also in a consolidation phase today as evidenced by its price movements. Analysing Ethereum price charts, we see that the chart shows a recent

2024-05-08Ethereum

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