Balita sa Industriya ng Crypto at Market Trends

Grayscale: focus on the Ethereum PoW crypto

crypto Ethereum　　Grayscale: tumuon sa Ethereum PoW crypto　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Grayscale Investments, the crypto investment firm, announced on 16 March that it will extend the review period for evaluating the market environment to determine whether it can acquire Ethereum PoW (ETHW) tokens.　　This move comes after much speculation about Grayscales potential acquisition of forked Ethereum tokens after the merger. Grayscale will now take up to 180 days to decide whether, when and how to sell ETHPoW on behalf of shareholders with registration dates.　　This decision by Grayscale highlights the careful consideration that must be given when considering the potential acquisition of a new asset. Even though the company has been notoriously bullish on Ethereum in the past, it is clear that it is taking a cautious approach when it comes to ETHPoW.　　The decision to extend the review period indicates that Grayscale is taking the time to carefully consider all the factors involved and make an informed decision in the best interest of its investors.　　The post-merger forked Ethereum tokens, ETHPoW, were created as a result of the transition of the Ethereum network from Proof-of-Work (PoW) to Proof-of-Stake (PoS). This transition was one of the most significant changes made to the

2023-03-19Ethereum

Ethereum Price In Danger As Whale Moves $33M ETH To Binance

Ethereum　　Ethereum Price In Danger As Whale Moves $33M ETH To Binance　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ever since Ethereums price broke out of its multi-month phase of consolidation on March 10, the altcoin with the largest market cap has gotten off to a blazing start, contributing to a meteoric rise in its value. The flagship cryptocurrency earned itself a sweet price gain today as it broke beyond the $1800 threshold on Saturday. However, according to recent market data, about 18,657 ETH has been caught transferring to the Binance exchange, which casts doubts on a potential sale taking place, resulting in a price slump for Ethereum.　　$33 Million ETH Transferred　　In a recent development in the crypto market, massive amounts of ETH tokens were seen to be transferred in one go on late Saturday noon. According to blockchain data, an unknown wallet transferred 18,657 ETH tokens, which translates close to 33,130,424 USD to Binance, the worlds largest crypto exchange by market share.　　The unknown wallet, supposedly of an affluent whale, initiated the transaction at 1:30 AM ET which cost him a mere $1 as a transaction fee on the Ethereum blockchain. In most cases, when such large amounts of tokens are transferred to

2023-03-19Ethereum

Arbitrum ARB IOU Token Trades Around $10

Teknolohiya　　Arbitrum ARB IOU Token Trades Sa paligid ng $10　　Balita ng Ethereum ng Bitcoin　　With Ethereum (ETH) layer-2 network Arbitrum set to airdrop its tokens to users next week, community expectations have risen, pushing an IOU version to above $10 on little-known exchanges, HotBit and XT.com.　　According to CoinMarketCap data, ARB IOU traded for as high as $10.30 on March 17 but has fallen to $9.5 at the time of writing. While the IOU token‘s current price might not reflect the asset’s value when it launches, it shows the level of interest surrounding the token.　　ARB IOU Price Performance (Source: CoinMarketCap)　　The IOU asset price performance has drawn several community speculations, with many showing more optimism about the asset.　　Jason Choi, an investor with crypto investment fund Tangent, sinabi the ARB IOU token valuation places it at “a $100B FDV, making it the third most valuable crypto asset.” However, he added that he does not “think Hotbit IOUs are reliable.”　　$ARB IOU contracts on Hotbit trading at $10, implying a $100B FDV, making it the third most valuable cryptoasset (fwiw I dont think Hotbit IOUs are reliable) pic.twitter.com/Ku5B5wLTuW　　- Jason Choi (@mrjasonchoi) Marso 17, 2023　　Another crypto trader Ziv nag-post that the ARB hype could catapult the asset into

2023-03-19Industriya

Ethereum Price Stands Strong, Is $2k The Next Stop ?

Ethereum　　Malakas ang Presyo ng Ethereum, $2k ba ang Susunod na Paghinto？　　Balita ng Ethereum ng Bitcoin　　The year 20200 has observed many unfortunate events that have laid bad impact on the financial sector, especially the crypto industry. Along with Bitcoin, even Ethereum price has been fighting all the odds to get back its long lost massive bull run.　　However, the lead altcoin has now managed to make its way above $1,800 for the first time in the span of the last 9 months. At the time of writing, Ethereum has 3.74% over the last 24hrs and is now selling at $1,811.　　Ethereum Price At $2K Next ？　　Meanwhile, one of the closely followed crypto analysts and traders known as Smart Contracter is plotting a huge bull run for Ethereum. The analyst with 221,400 Twitter followers claims that the second largest cryptocurrency by market cap is about to end its correction. Also he says that this was not the situation that he was expecting.　　eth/btc just took out a 6 month low, only 3% lower before my major buy zone.　　not the circumstances i was expecting this to happen under (i thought eth and btc would be falling but eth moreso) but theres no chance im missing the

2023-03-18Ethereum

Ethereum Rises High Ahead of Shanghai Hard Fork-Look Out for Pivotal Levels Before Sweeping $2000

Ethereum　　Ethereum Rises High Ahead of Shanghai Hard Fork-Look Out for Pivotal Levels Before Sweeping $2000　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereum price has become the talk of the town as the crypto has managed to secure the highest levels since August 2022 and also indicating its preparedness to reach beyond $2000 in the coming days. The leader of DeFi space has been maintaining a steady rise since the start of 2023 by rising over 54% which also includes a recovery of 32% in the past few days.　　While the price currently appears to be under a bullish influence, a retest is much required to sweep highs beyond $2000. After maintaining a stagnant trend between the pre-determined levels, the ETH is making larger price movements since the beginning of the year 2023. Presently, the price has been maintaining above the support at $1383 for more than 45 days and the sudden spike to $1800 may surely exhaust the bulls.　　Hence, a popular crypto analyst, Micheal van de Poppe predicts a pullback to $1680 to $1725 levels before rising beyond $2000.　　Ethereum looks the same.　　Great retest around $1610, was hoping for lower numbers (couldnt hit).　　Resistance ar $1850, and then probably pullback to $1680 –

2023-03-18Ethereum

‘Monster’ Ethereum (ETH) Rally Incoming With Additional Altcoin Set To Outperform, Says Top Crypto Analyst

crypto Ethereum　　‘Monster’ Ethereum (ETH) Rally Incoming With Additional Altcoin Set To Outperform, Says Top Crypto Analyst　　47 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　A popular crypto analyst known for calling the 2018 Bitcoin (BTC) bottom is predicting a massive rally for Ethereum (ETH).　　Ang pseudonymous analyst na Smart Contracter nagsasabi his 221,400 Twitter followers that Ethereum appears to be at the end of a correction and ready to surge.　　Pinagmulan: Smart Contracter / Twitter　　Looking at his chart, the analyst shows ETH/BTC in a downward correction and about to tap the crucial 0.618 Fibonacci retracement support, which traders see as a likely point for a bounce.　　Smart Contracters bullishness on ETH comes as crypto analytics platform Santiment says sharks have accumulated 3.61 million ETH coins in the past year, worth a whopping $6.13 billion.　　However, whales unloaded more than double that amount.　　Ang crypto analyst din sabi ni Optimism (OP) is also looking bullish.　　Pinagmulan: Smart Contracter / Twitter　　Using the Elliott Wave theory, an advanced technical analysis method that forecasts future price action based on crowd psychology manifesting in waves, Smart Contracter says Optimism is at the bottom of a correction and setting the stage to move to the upside.　　Pinagmulan: Smart Contracter / Twitter　　Ethereum is worth $1,819 and

2023-03-18Ethereum

US Banking Crisis Clearly Shows Risks Crypto Poses to the Financial System – Regulation Bitcoin News

The governor of Indias central bank, the Reserve Bank of India (RBI), says the “ongoing U.S. banking crisis” clearly demonstrates the risks cryptocurrency poses to the financial system. The central bank chief added that the “Indian economy remains resilient,” emphasizing that the “worst of inflation is behind us.”　　Indias Central Bank Governor on Crypto Risks and U.S. Banking Crisis　　The governor of Indias central bank, the Reserve Bank of India (RBI), cautioned about the risks cryptocurrencies pose to the financial system while commenting on the U.S. banking turmoil at the 17th K P Hormis Commemorative Lecture on Friday. RBI Governor Shaktikanta Das said:　　Ongoing U.S. banking crisis drives home the importance of robust regulators, sustainable growth and clearly shows risks of private cryptocurrencies to the financial system.　　Das was referring to the recent collapses of several banks in the U.S. Last Sunday, Signature Bank was seized by the New York State Department of Financial Services while Silicon Valley Bank was closed down by regulators last Friday. They became the second and third largest banks in the U.S. to fail. In addition, Silvergate Bank announced voluntary liquidation earlier this month.　　Some people believe that regulatory actions against crypto-friendly banks are related to cryptocurrency, including Senator Elizabeth

2023-03-18Industriya

Fidelity Opens Retail BTC— Is ETH Trading Exploiting Bank Crisis?

Fidelity Investment allowed BTC and ETH trading access, benefiting from the recent bank crisis　　The US banking industry suffers from the recent Silvergate, SVB, and Signature Bank collapses　　Fidelity Investment opened access to BTC and ETH trading to fill the void created by the closure of crypto-friendly banks. United States regulators closed Silicon Valley Bank and Signature Bank after the collapse of Silvergate to curtail the crisis in the banking industry.　　Fidelity Investment is trying to fill the GAP　　All the banks that shut their doors were bridges between traditional finance and the crypto industry. Their closure has hampered easy operations; Fidelity Investment is trying to fill the gap by offering trading options. Previously it provided services to only institutional and a few select customers. Earlier this month, they opened their doors to the general public.　　Now individual investors can buy and sell BTC and ETH using their custodial and trading services provided by Fidelity Digital Assets. However, clients, for now, arent allowed to transfer cryptocurrencies to and from their Fidelity accounts. There is no clear timeline for this facility, but rumors are it might be available by November 2023, a few days after announcing the waitlist.　　The GAP created by recent Closures　　Silvergate Capital collapsed after

2023-03-18Industriya

The Top 10 Blockchain Hacking Techniques By Open Zeppelin

– Open Zeppelin, a cybersecurity company that provides tools for developing and securing decentralized applications(dApps).　　– The company revealed that the biggest threat posed to dApps is not the blockchain technology but evil intent from hackers worldwide.　　Blockchain hacking has become a problem and threatens the cryptocurrency ecosystem. Hackers can breach blockchain security to steal cryptocurrency and digital assets. This is why companies are working on innovative ways to secure their systems from cyber-attacks. Open Zeppelin has released a report summarizing the top ten blockchain hacking techniques.　　How do Hackers Pose Threats to Blockchain Security？51% Attacks　　This attack occurs when a hacker gains control of at least 51% or more of the computing power on a blockchain network. This will give them the power to control the networks consensus algorithm and be able to manipulate transactions. This will result in double spending, where the hacker can repeat the same transaction. For example, Binance is a major investor in memecoin Dogecoin and stablecoin Zilliqa, and can easily manipulate the crypto market.　　Mga Panganib sa Smart Contract　　Smart contracts are self-executing programs that are built on underlying blockchain technology. Hackers can hack into the code of smart contracts and manipulate them to steal information or funds, or digital

2023-03-18Industriya

Crypto Exchange Binance Announces Support For Staked ETH Withdrawals

crypto Ethereum　　Crypto Exchange Binance Announces Support For Staked ETH Withdrawals　　Balita ng Ethereum ng Bitcoin　　54 segundo ang nakalipas | 2 mins basahin　　Binance will hold off processing withdrawal requests for staked ETH for a week.　　The exchange intends to implement a daily ETH redemption cap for each user.　　The biggest cryptocurrency exchange, Binance, announced on Friday that it would process staked Ethereum withdrawals and is ready to support the next Ethereum Shanghai and Capella (Shapella) upgrades. Withdrawals of staked ETH from the cryptocurrency exchange, however, will be postponed for a week after the April 12 Shanghai upgrade to the mainnet.　　After the successful Shapella update, Binance will begin ETH staking withdrawals through the ETH 2.0 Staking page, as per a March 17 release. This implies that Binance will hold off on processing withdrawal requests for staked ETH for a week.　　On the ETH 2.0 Staking page, staking participants may exchange their BETH for ETH at a rate of 1:1. With the April 12 Shapella update, users have the option of continuing to stake their ETH or even staking additional ETH in order to gain BETH rewards.　　Redemption Cap For Each User　　When the Shanghai and Capella (Shapella) update has been implemented successfully, a second notice will inform users

2023-03-18Ethereum

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