ECB president reveals a shocking truth about the digital euro – Cryptopolitan

Kabuhayan  Inihayag ng pangulo ng ECB ang isang nakakagulat na katotohanan tungkol sa digital euro - Cryptopolitan  The European Central Bank (ECB) President Christine Lagardes recent statement on the digital euro has stirred up controversy in the cryptocurrency community.  Lagardes remarks on the digital euro have raised concerns among cryptocurrency enthusiasts who believe that the digital euro will be used for greater control over people and payments.  In the video, Lagarde admits that there will be some control over the digital euro, but she suggests that it will be limited.  She also mentions that the ECB is considering having a mechanism where there is zero control for very small amounts, around 300 or 400 euros, but warns that it could be dangerous.  Lagardes statement has been met with criticism, with many crypto enthusiasts expressing concern about the centralization of power that comes with the digital euro. You can watch the full video below:  Lagardes statement was later revealed to have been taken from a prank video that was filmed three weeks earlier.  The crypto community has been vocal about their belief that cryptocurrencies should be decentralized, allowing users to have more control over their finances.  Lagarde has previously expressed concerns over the growth of cryptocurrencies and their threat to

2023-04-08Industriya

Aptos (APT) Forms Symmetrical Triangle Pattern: Heres What It Means

Teknolohiya  Ang Aptos (APT) ay Bumubuo ng Symmetrical Triangle Pattern: Narito ang Ibig Sabihin Nito  Aptos had some rough months after initial listing, but with this pattern, reversal could be around corner  Nilalaman  Shiba Inu separates itself  Cardano loses momentum  Aptos (APT), a recently launched cryptocurrency, has formed a symmetrical triangle pattern on its price chart, which could be an indicator of an upcoming spike in volatility. The chart pattern is commonly observed in various financial markets and often signals a period of consolidation before a significant price movement in either direction.  Since its initial airdrop, Aptos has encountered some challenges on the market. However, in January, the digital asset experienced a massive rally, surging approximately 413% in value. As expected, a correction followed, and Aptos lost around 40% from its local high. The formation of a symmetrical triangle pattern on the APT price chart now suggests that we might see a continuation of the uptrend in the near future.  Pinagmulan: TradingView  The symmetrical triangle pattern is typically considered a continuation pattern, meaning that the prevailing price trend before the formation of the triangle will likely resume once the pattern completes. In Aptos case, the pattern follows a significant uptrend, suggesting that the price of APT could potentially break

2023-04-08Industriya

GameFi Project Metalevel Launches MLVL Token Sale

Kabuhayan  Ang GameFi Project Metalevel ay Naglulunsad ng MLVL Token Sale  Ottawa, Canada, April 7th, 2023, Chainwire  GameFi project Metalevel has commenced the presale for its native token. Holders of the MLVL token will be able to utilize it in a variety of ways throughout the Metalevel ecosystem.  Metalevel is an online hangout for the Web3 community to meet, play, and discover the best games among like-minded peers. In addition, Metalevel plans to extend its platform from an enthusiast hub into a GameFi development resource, creating novel opportunities for developers and gamers alike.  By focusing on the interests of its community, Metalevel intends to involve gamers with the industry they love, putting game development back into the hands of the community. The team behind Metalevel is creating a space where players can be rewarded for enhancing the platform, whether through interactions with game developers, or simply staking their MLVL tokens to support future developments.  Metalevel aims to incorporate core functions such as Chat, Play, Learn, Work, and Grants, while allowing the projects future to be determined by the community through a DAO framework. Ultimately, this means that more players will have access to incredible opportunities, all within one platform.  In 2024, Metalevel is planning to launch its

2023-04-08Industriya

EU Parliament pursues EUDI wallet for access to public services

Teknolohiya  Ang EU Parliament ay hinahabol ang EUDI wallet para sa access sa mga pampublikong serbisyo  The European Parliament is moving forward with discussions on amending the European Digital Identity (eID) framework and establishing the European Digital Identity Wallet (EUDI Wallet) to offer E.U. citizens a secure and convenient way to access public services.  On March 15, the European Parliament approved further discussion on amending the eID framework and establishing the EUDI Wallet. The purpose of the EUDI Wallet is to provide E.U. residents with a digital method for accessing public services while maintaining control over their personal information.  The European Parliament recently adopted a report paving the way for a Digital Wallet/harmonized digital ID framework across the EU.  Some terms it includes are “privacy-by-design” and “build with ”zero-knowledge proofs & selective disclosures.  Highlights thread ???? pic.twitter.com/WKA86FUVoL  — Panther Protocol (@ZKPanther) Pebrero 14, 2023  The European Parliament aims to make the wallet available to 80% of the population by 2030. This could be achieved by requiring support from e-government services, businesses conducting KYC checks, and major online platforms such as Google and Facebook.  Following discussions with the European Council, the subsequent step would be implementation. Adopting the wallet is dependent on its usability, with the primary challenge being to

2023-04-08Industriya

Ethereum (ETH) Shanghai Upgrade Sparks Market Attention Ahead of Launch

Ethereum  Ethereum (ETH) Shanghai Upgrade Sparks Market Attention Ahead of Launch  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Tomiwabold Olajide  Upgrade is expected to occur at epoch 194,048 at about 10:27 p.m. (UTC) on April 12  Ethereums Shapella hard fork, or Pag-upgrade ng Shanghai, slated to happen in the next five days or on April 12, will let users withdraw their staked ETH. The upgrade is expected to occur at epoch 194,048 at about 10:27 p.m. (UTC) on April 12.  According to Etherscan data, since the Beacon Chain went live in December 2020, more than 18 million ETH (18,096,791) worth $33,590,177,959 have been staked on the network. After the upgrade, the whole balance cannot be unstaked right away, but 1.1 million coins that were acquired as staking rewards can.  Ethereum stakers may have to join queues, which could vary depending on where their stakes are held. For instance, Lido, which now holds almost a third of the staked Ether, expects to enable withdrawals in May.  Because Ethereum has put constraints in place to prevent too many users from withdrawing at once and making the system vulnerable to attack, it might take months for ETH holders to withdraw their coins.  Why market is paying attention  The number of people who

2023-04-07Ethereum

Ethereum (ETH) Competitor Launches Institutional-Focused ‘Subnets’, Rolls Out New Upgrade on Testnet

Ethereum  Ang Kakumpitensya ng Ethereum (ETH) ay Naglulunsad ng Mga Subnet na Nakatuon sa Institusyon, Naglulunsad ng Bagong Upgrade sa Testnet  Avalanche (AVAX) is unveiling a new suite of subnets specifically designed for financial institutions just as the layer-1 blockchains Cortina upgrade goes live on the testnet.  In a statement, Avalanche creator Ava Labs announces the launch of the Evergreen subnet, a network of tools for blockchain deployment and customizations that financial firms can use for research and development purposes as well as production-ready use cases.  The Evergreen subnet uses Avalanches native communication protocol Avalanche Warp Messaging (AWM), which allows blockchains on different subnets to communicate with each other without a third-party intermediary, giving institutions operating on private chains public network capabilities.  Says Ava Labs director of Business Development for Institutions and Capital Markets Morgan Krupetsky,  Avalanche also rolled out the latest Cortina upgrade on Thursday. The Ethereum (ETH) challenger sabi ni that this updated version of AvalancheGo makes its X-chain compatible with the AVM and will allow exchanges to more easily support its default asset blockchain.

2023-04-07Ethereum

Ethereum Stays Above $1,840 And Takes Aim At $2,000 Mark

Ethereum  Ethereum Stays Above $1,840 And Takes Aim At $2,000 Mark  Abr 07, 2023 sa 10:20 // Presyo  The Ethereum price (ETH) is slowly approaching the psychological $2,000 mark (ETH).  Pangmatagalang pagsusuri ng presyo ng Ethereum: bullish  On April 5, the largest altcoin reached a high of $1,943, but investors could not continue the uptrend. After a brief setback, the altcoin climbed to $1,898 today. Ether will move above the $2,000 high once the bullish momentum is maintained above the resistance of around $1,900. However, if Ether falls below the $1,850 support, the current pullback could continue. The altcoin will be forced to continue moving in a band between $1,700 and $1,850. However, the decline is approaching oversold territory, which could put an end to the current selling pressure. In the meantime, Ether is still trading above the moving average lines despite the correction.  Pagsusuri ng mga tagapagpahiwatig ng Ethereum  In period 14, Ether is at the 57 level of the Relative Strength Index. The alternative currency is still in the bullish trend zone and could rise. The price bars show an uptrend as they are above the moving average. As the stochastic on the daily chart is at 20, the bearish momentum should slow down. The

2023-04-07Ethereum

BTC, ETH Extend Consolidation, Ahead of Nonfarm Payrolls – Bitcoin News

Bitcoin Ethereum  BTC, ETH Extend Consolidation, Ahead of Nonfarm Payrolls – Bitcoin News  Bitcoin consolidated for a third consecutive session on Friday, hours before a much anticipated nonfarm payrolls (NFP) release. Many are expecting that payrolls will come in under the 240,000 expected sum, following recent disappointing labor data. Ethereum was also largely unchanged as of writing.  Bitcoin  Bitcoin (BTC) consolidated for a third consecutive session on Friday, as the global cryptocurrency market cap remains largely unchanged at the time of writing.  Following a high of $28,178.30 on Thursday, BTC/USD fell marginally lower in todays session, hitting a bottom of $27,765.34.  Markets have mostly been muted following last weeks ten-month high, however a target of $30,000 still remains a short-term possibility.  From the chart, todays action comes as the relative strength index (RSI) continues to hover close to a floor at 58.00  As of writing, the index is tracking at 58.37, with the 10-day (red) moving average now on the brink of a downwards cross with its 25-day (blue) counterpart.  Should todays NFP beat expectations, resulting in a stronger U.S. Dollar, we could see this crossover take place, sending BTC lower.  Ethereum  Ethereum (ETH) was largely unchanged in today‘s session, as the world’s second largest cryptocurrency remained near $1,850.  ETH/USD is trading

2023-04-07Ethereum

EigenLayer Protocol Allows Restaking of Ethereum Assets on Emerging Networks – Cryptopolitan

The EigenLayer protocol, which aims to become a decentralized marketplace for Ethereum node operators and validators to earn fees on additional services, has launched on testnet. The protocol allows ETH validators and stakers to “re-stake” their assets onto other emerging networks. Testing will be phased in three stages to onboard various participants into the ecosystem, with the first stage using Ethereums Goerli testing network. The mainnet launch of the EigenLayer protocol is expected in Q3.  EigenLayer founder Sreeram Kannan said that facilitating the moving and re-staking of ETH onto other networks would incentivize validators and stakers with additional yields and allow smaller networks to grow securely. According to the white paper, EigenLayer also has plans to enable restaking for ETH withdrawn from the Beacon Chain following the Shapella upgrade. The protocol aims to address issues with validator economic incentives.  EigenLayer has serious backing, having announced $50 million in a Series A funding round in late March led by crypto venture firm Blockchain Capital, along with Coinbase Ventures, Polychain Capital, Electric Capital, and Finality Capital Partner. Ethereum co-founder Joseph Lubin has also praised the project, stating that “[t]he Eigen Labs team is at the forefront of some of the most exciting work happening

2023-04-07Ethereum

Ethereum Volatility Likely on the Horizon as Options Expire

A large amount of Bitcoin and Ethereum options contracts are about to expire. Moreover, these events often cause price volatility for the underlying assets.  There has been a significant shift in derivatives trading activity, with Ethereum options trading surpassing that of Bitcoin.  37,000 Bitcoin options are about to expire with a notional value of just over $1 billion. However, this number is eclipsed by the 256,000 Ethereum options that will also expire this month. Their notional value is a whopping $4.8 billion.  Analyst ng industriya na si Colin Wu Nagkomento on the massive shift in derivatives trading.  “The Shanghai upgrade is coming, and the trading of Ethereum options has surpassed that of Bitcoin for the first time in more than a month.”  Ethereum Options Expiry  Ethereum options are derivatives contracts that allow traders to speculate on the price of ETH. They allow traders to buy or sell Ethereum at a specific price, the strike price, at a certain date of expiry. They are also more flexible than futures which have fixed expiry dates.  According to Deribit, Ethereum Open Interest (OI) stands at almost 2.6 million open contracts that have yet to be settled.  Ethereum Options Open Interest Chart by Deribit  Furthermore, there is a put/call ratio of 1.09 for

2023-04-07Ethereum
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