Research: Ethereum derivatives traders signal caution ahead of Shanghai upgrade

Ethereum  Research: Ethereum derivatives traders signal caution ahead of Shanghai upgrade  31 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Shanghai is the next major Ethereum upgrade, scheduled to go live on April 12.  Once implemented, ETH staked on the staking contract will be unlocked and withdrawable – thus finalizing the process that began with the Beacon Chain launch in December 2020.  The implication of the Shanghai upgrade is subject to much speculation. Some expect the spot price to tank as holders liquidate. Others believe moving into and out of the staking contract easily will attract more stakers, leading to price stability.  Ang data ng Glassnode ay sinuri ng suggested Ethereum derivatives traders are cautious going into the Shanghai upgrade. However, post-Shanghai, sentiment relaxes.  Ethereum – Options 25 Delta Skew  A call option gives the holder the right to buy an asset, and a put option gives the holder the right to sell an asset.  For options with a specific expiration date, this metric looks at puts with a delta of -25% and calls with a delta of +25%, netted off to arrive at a data point – giving a measure of the options price sensitivity taking into account the change in Ethereum spot price.  Typically, this metric can be organized

2023-04-05Ethereum

Bitcoin, Ethereum Price Prediction- ETH Outperforms BTC With Its Escape From Stagnant Market Condition

Bitcoin Ethereum  Bitcoin, Ethereum Price Prediction- ETH Outperforms BTC With Its Escape From Stagnant Market Condition  12 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Na-publish 12 na segundo ang nakalipas  Bitcoin, Ethereum price prediction: The Bitcoin and Ethereum price consolidation for the last three weeks has created a sense of uncertainty in the crypto market. Though his sideways was meant to recuperate bullish momentum for the further rally, several altcoins have witnessed price correction as FUD rose among investors. Thus, the market leaders breakout from the range setup could reignite the prevailing recovery.  Pinagmulan- Coin360  Dogecoin and THORChain emerged as the top-performing cryptocurrencies among the leading 100, exhibiting significant gains over the past 24 hours. DOGE skyrocketed by 26.80% propelling its price to $0.09864, while RUNE saw a rise of 7.28%, reaching $1.56. On the other hand, Hedera and XDC Network encountered a drop in their value, with HBAR experiencing a 5.03% decrease and falling to $0.0679 and XDC declining by 3.16% to $0.04012.  Pinagmulan- Coinmarketcap  After the February second weeks growth, the Bitcoin price turned sideways after hitting the $28200 barrier. Moreover, with the growing uncertainty in the market, the coin price has been resonating in a fixed range between $28800 and $26500 over the past three

2023-04-04Ethereum

Manifold is building its own liquid staking platform, secures 25,000 ETH deal with Cream Finance

Ethereum  Ang Manifold ay gumagawa ng sarili nitong liquid staking platform, sinisiguro ang 25,000 ETH deal sa Cream Finance  28 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Manifold Finance is set to launch its liquid staking derivative in a few months — one that will be native to multiple blockchains and offer an enhanced yield.  Manifold is a platform that focuses on providing extra yield opportunities by taking advantage of maximal extractable value, known as MEV — a type of on-chain strategy. It typically works with exchanges to allow their users to earn extra profits from this MEV extraction.  The liquid staking derivative, called mevETH, will also be designed to offer extra yield through MEV extraction. Those who stake their ether in exchange for the token — freeing up their locked value — will earn typical staking rewards, as well as the extra yield from MEV strategies.  Manifold has a few MEV strategies in mind to generate yield, but it may introduce new ones over time. To start with, it will be arbitraging the peg between ether and mevETH. Plus, as it will run its own validator, it will also be able to create custom blocks and ensure they get included on-chain.  MevETH will be an omnichain

2023-04-04Ethereum

Chris Burniske Predicts Bright Future for Ethereum Following Unlocking Event

Ethereum  Chris Burniske Predicts Bright Future for Ethereum Following Unlocking Event  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum (ETH), known for being the king of smart contracts and decentralized financial ecosystems, is gearing up for a significant network upgrade. Scheduled for April 12, the Ethereum Shanghai upgrade is set to enable speakers to withdraw Ethers from the PoS beacon chain, marking a major milestone for the Ethereum community. This news has led to an impressive 50% gain YTD for Ethereum bulls, according to market data from TradingView.  Ethereums Price and Validators  On Monday, Ethereum was trading around $1,803, marking its seven-month high as the Shanghai upgrade approaches. As of today, about 561k Ethereum validators have staked approximately 17.9 million ETH. Analysts expect more volatility during the event, and how the market will react to the upgrade remains to be seen.  The Ethereum Shanghai Upgrade: A Bullish Catalyst  After closing the first quarter on a bullish outlook, Ethereum traders are hoping that the Shanghai upgrade will stir up more uptrend swings. However, there is some fear that staked Ethereum may be sold to the secondary market, leading to overall sell pressure. In addition, Ethereums price has declined by over 61% since the staking program began two

2023-04-04Ethereum

Arbitrum Transaction surpasses ETH and Optimism in Q1 2023

Ethereum  Nahihigitan ng Arbitrum Transaction ang ETH at Optimism sa Q1 2023  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  16 segundo ang nakalipas | 2 mins basahin  Arbitrum claim and trading holds a record of 2,728,907 surpassing ETH.  Users must avoid falling into scams and spam accounts.  Arbitrum is a network that allows users to transact with lower fees on Ethereum. After high anticipation, Arbitrum released their token ARB airdrop live on March 23. The Ethereum layer-2 scaling solution is distributed over 1 billion ARB tokens. That causes the market capitalization to be around $1.5 billion.  The anticipation for the ARB token was so high that Arbitrum‘s website and blockchain were down ahead of the token’s release, with crypto followers eagerly waiting for their share.  Arbitrum Strikes to Its Highest Value  The ARBs claim and trading had a record of 2,728,907, surpassing Ethereum for the transactions on March 23. At the same time, the token hit its highest value of $11.80 on its launch day. Since then, the price has stabilized at around $1.23. The current market capitalization puts the coin closer to its competitor Optimism.  The ARB token is not only for the individual user, it will also distributed to the decentralized apps that have been successful in

2023-04-04Ethereum

Pagsusuri ng presyo 4/3: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL

Bitcoin Ethereum  Pagsusuri ng presyo 4/3: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Macroeconomic headwinds continue to pressure the crypto market, but bulls appear steadfast on holding $28,000 for support and this could provide tailwinds for altcoins.  Bitcoins (BTC) price initially dipped, but then recovered on April 3. The volatility happened after several OPEC+ members announced plans to cut oil production totaling 1.65 million barrels per day until the end of the year. Some analysts expect this move to tighten supply, resulting in higher prices at the pump. That may in turn boost inflation, warranting a continued hawkish stance from central banks.  Initially, the United States dollar index (DXY) rose but it could not sustain the intraday rally. This suggests that the market participants believe the event will not cause any major deviation in the Federal Reserves policy. A weaker DXY is generally considered a positive for risky assets.  Cryptocurrencies have remained strong in the face of adverse macroeconomic news and regulatory action against crypto firms in the past few days. When the price of an asset does not crack with negative news, it shows that traders are not panicking and selling their holdings.  Could Bitcoin

2023-04-04Ethereum

Vitalik Buterin Proposes Deployment of zk-EVMs on Ethereum

Ethereum  Vitalik Buterin Proposes Deployment of zk-EVMs on Ethereum  12 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  11 minuto ang nakalipas | 2 mins basahin  Buterin said that zk-EVMs will increase Ethereums transaction verification speed.  By adding More Nodes, Polygon has already put its zk-EVMs into use.  Zero-knowledge Ethereum Virtual Machines (zk-EVMs) were advocated for use on the Ethereum mainnet by Vitalik Buterin. The Ethereum co-founder said on his blog that zk-EVMs will increase Ethereum‘s transaction verification speed without compromising the network’s decentralization or security.  The Russian-Canadian developer claims that Ethereum‘s multi-client philosophy, which allows users to operate nodes via a collaboratively maintained specification with many teams building implementations, is responsible for the platform’s continued security and decentralization.  The co-founder of Ethereum thinks that zk-EVMs may be used to alter the whole validation process in order to increase the network‘s scalability. A zero-knowledge Ethereum Virtual Machine (zk-EVM) generates zero-knowledge proofs, which improves Ethereum’s scalability while still allowing for smart contract and app compatibility.  Should Not Be Reserved For Layer-2 Protocols  By adding More Nodes, Polygon has already put its zk-EVMs into use, which should make financial transactions faster. For efficient network execution, Polygon employs zk-EVM, which combines several transactions into a single proof.  Buterin argues that zk-EVMs shouldn‘t be reserved for

2023-04-04Ethereum

ADA Snaps Losing Streak as BCH Moves to 10-Day High – Market Updates Bitcoin News

Bitcoin  ADA Snaps Losing Streak as BCH Moves to 10-Day High – Market Updates Bitcoin News  Cardano ended a two-day losing streak on Monday, as the token moved closer to a two-month high to start the week. Cryptocurrency markets were mostly lower in todays session, with the global market cap down 0.36% as of writing. Bitcoin cash also climbed, hitting a ten-day high.  Cardano (ADA)  Cardano (ADA) snapped a two-day losing streak to start the week, despite the global market cap mostly consolidating on Monday.  Following a low of $0.3729 on Sunday, ADA/USD surged to an intraday high of $0.4035 earlier in todays session.  Today‘s move saw cardano near Friday’s high of $0.4093, which was its highest point since mid-February.  ADA / USD - Pang-araw-araw na Tsart  Looking at the chart, the climb in price coincided with the relative strength index (RSI) moving towards a ceiling of its own at 60.00.  At the time of writing, the index is tracking at 58.91, after moving away from a floor at 56.00.  Should price strength move past the upcoming ceiling at 60.00, then there is a strong chance ADA will recapture a fresh multi-month high.  Bitcoin Cash (BCH)  Bitcoin cash (BCH) was another notable gainer to start the week, as the token moved to

2023-04-03Bitcoin

32 Trillion BabyDoge Giveaway to Follow Dogecoin (DOGE) Offshoot Listing on Major Exchange

Teknolohiya  32 Trillion BabyDoge Giveaway to Follow Dogecoin (DOGE) Offshoot Listing on Major Exchange  Tens of trillions of BabyDoge coins to be raffled following Dogecoin (DOGE) clone listing on Bybit  BabyDoge will be listed on Bybit on April 4, according to the official kaba account of the major centralized crypto exchange. It is known that the token will be listed in the spot market section against USDT.  However, that was not all the news when the crypto exchange decided to celebrate the BabyDoge listing with a giveaway of 32 trillion tokens. According to the exchanges announcement, the prize pool will be divided into two events.  In the first, to enter the 20 trillion BabyDoge draw, those wishing to participate simply need to accumulate 40 billion coins in their account. The first 2,000 who fulfill the conditions will be awarded 10 billion BabyDoge each.  The second event will draw the remaining 12 trillion coins. Here, participants are required to purchase at least 8 billion BabyDoge and transfer them from their spot account on Bybit to any wallet connected to the BabyDoge Swap via Binance Smart Chain. All that is left to do is to fill in the special form with your Bybit ID number and exchange wallet

2023-04-03Industriya

Ethereum deposit contract holdings exceed 18 million ETH

Ethereum  Ethereum deposit contract holdings exceed 18 million ETH  Balita ng Ethereum ng Bitcoin  ETH was deposited to the ETH 2 deposit contract — the current ETH balance has now surpassed 18 million ETH.  The new value staked on March 31 hit 55,456 ETH — the highest amount one day in March.  Additionally, the total amount of ETH transferred to the ETH 2 deposit contract via staking provides has surpassed 12 million ETH.  Staking provider Lido has roughly 5.6 million ETH — while Coinbase, Kraken, and Binance hold on an aggregate of over 4 million ETH in the deposit contract.  New Value Staked: (Source: Glassnode)Provider: (Source: Glassnode)Total Value Staked (Source: Glassnode)  The post Ethereum deposit contract holdings exceed 18 million ETH appeared first on CryptoSlate.

2023-04-03Ethereum
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