Balita sa Industriya ng Crypto at Market Trends

Whale Activity in Dogecoin and Two Ethereum-Based Altcoins Is Heating Up, According to Analytics Firm Santiment - BitcoinEthereumNews.com

EthereumWhale Activity in Dogecoin and Two Ethereum-Based Altcoins Is Heating Up, According to Analytics Firm Santiment07 / 21 / 2022Balita ng Ethereum ng Bitcoin　　Analytics firm Santiment is tracking three altcoins being swallowed up by whales as the crypto markets sizzle during an early summer rally.　　According to a Santiment magpaskil, crypto investors who spend over $100,000 per transaction are loading up on popular meme token Dogecoin (DOGE), with 106 such transactions taking place on July 18th alone.　　The firm also highlights layer-2 scaling solution Polygon (MATIC) and decentralized crypto exchange Uniswap (UNI) as being high on the whales shopping list.　　With many altcoins enjoying a solid rebound to their market caps in July, we can see the amount of $100,000+ valued whale transactions are begining to rise.　　DOGE, MATIC, and UNI are noticeably seeing rises in these large transactions on their networks.　　Source: Santiment / Twitter　　In the month of July, Dogecoin is up 9.3% from $0.064 to $0.070, Polygon has risen 72.9% from $0.48 to $0.83, and Uniswap surged 41.8% from $4.87 to a valuation of $6.91 at time of writing.　　Regarding the largest crypto asset by market capitalization Bitcoin (BTC), Santiment earlier this week kilala that whale purchase activity above the $1 million mark had

2022-07-21Ethereum

Cryptocurrency Market Review, June 20 - BitcoinEthereumNews.com

Arman Shirinyan　　Altcoins are still going strong, and some of them might show us even more in foreseeable future　　Nilalaman　　Cardano might benefit from Ethereums gain　　Solana and XRP show some potential　　The recovery of the cryptocurrency market has continued for the last seven days while more traders and investors are bringing their funds back on the cryptocurrency market. In addition to Ethereum, assets like Cardano, XRP and LDO are also rallying and showing double-digit mga nadagdag.　　Cardano might benefit from Ethereums gain　　While Ethereum, Cardano and Solana are competing chains, the general growth of the decentralized technologies industry will bring more funds onto alternative chains, just as we saw in 2021 and the begining of 2022.　　Source: Kardan　　Cardano‘s release of smart contracts and the Vasil hard fork release is already a fundamental shift in the ecosystem of the project. If the rally on the cryptocurrency market remains intact, Cardano will be one of many beneficiaries of Ethereum’s growth.　　Compared to ETH, ADA gained more than 25% in the last seven days, while the second biggest cryptocurrency on the market resulted in a 60% price spike. If the rally continues and ADA breaks the local resistance of the 50-day moving average, the next resistance for the coins would be

2022-07-21Industriya

Lido Finance Proposes Selling 20M LDO Tokens for DAI – crypto.news - BitcoinEthereumNews.com

cryptoLido Finance Proposes Selling 20M LDO Tokens for DAI – crypto.news07 / 21 / 2022Balita ng Ethereum ng Bitcoin　　Crypto Staking Service Provider Lido Finance has begun discussions on a governance proposal to sell 20 million Lido DAO (LDO) tokens and diversify its treasury into stablecoins to fund its operating needs.　　Lido Finance Proposes to Sell LDO for DAI　　On Monday, Jacob Blish, Lido Finances head of business development, presented the proposal. As per the proposal, the DAO should sell 20 million LDO tokens to private investors, representing 2% of the entire LDO token supply. According to Blish, this will provide the Lido DAO with roughly two years of operational runway.　　“This will ensure Lido and its core contributors are able to continue the important work needed for the protocol in the long term and to flourish as an autonomous, self-governing collective,” he said in the proposal.　　The Lido DAO presently has $230 million in its treasury. This contains 157 million Lido DAO (LDO) tokens ($241 million), 20,940 ETH ($32 million), and 4930 staked ETH ($7 million). Only roughly $366 worth of stablecoins is held by the DAO.　　Dragonfly Capital to Lead the Investment　　According to the conditions of the proposed token sale, Dragonfly Capital will be

2022-07-21Industriya

Ethereum Scaling Solution zkSync to Launch Mainnet in 3 Months - BitcoinEthereumNews.com

EthereumEthereum Scaling Solution zkSync upang Ilunsad ang Mainet sa 3 Buwan07 / 20 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum Layer 2 scaling solution zkSync anounced that it will be going live on mainet in the coming three months.　　Project developer Matter Labs anounced that zkSync 2.0 would be compatible with the Ethereum Virtual Machine (EVM) upon its launch.　　“The project is hoping to become the first zk proof-based scaling solution for EVM smart contracts available in a live production environment upon its mainet launch,” The Block reported.　　Scripting languages for EVM-based apps, Solidity and Vyper, will also be supported by zkSync.　　The technology behind zkSync is based on zero-knowledge rollups, and ZKRollups is used by Layer 2 networks to allow faster and cheaper transactions than the Ethereum mainet, The Block reported. Other solutions include optimistic rollups, sidechains, and state chanels.　　Backward compatibility with older versions of the solutions will also be available on zkSync 2.0, the anouncement added to help project developers to upgrade to the new version.　　The anouncement further elaborated that there will be a three-step process for the mainet launch. The first launch in November will happen, excluding external projects. Prior to the second launch, there will be audits and then a fair

2022-07-21Ethereum

ETH Needs to Break This Level to Take a Shot at $2K (Ethereum Price Analysis) - BitcoinEthereumNews.com

EthereumKailangang Masira ng ETH ang Antas na Ito para Makakuha ng Shot sa $2K (Pagsusuri sa Presyo ng Ethereum)07 / 20 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum continues its green streak and is currently charting a whopping 60% gain in the past seven days, trading around $1,600. The price is above the 200-week moving average, which is $1214.　　Teknikal na Pagsusuri ng　　By Kulay-abo　　Ang Pang-araw-araw na Tsart　　The bulls have pushed the price towards the resistance zone in the range of $1500-$1700 (in red). Ethereum has also touched the descending line (in yellow). This resistance has accompanied the price since the all-time high and has repeatedly prevented it from increasing further.　　If the bulls want to revisit $2000, they will have to break out from this zone with a significant volume. Otherwise, if the upside momentum stall, participants should be prepared for a sharp increase in selling. This could send the price towards the horizontal support at $1280. However, as long as ETH trades above $1,280, the bullish momentum remains.　　Mga Pangunahing Mga Antas ng Suporta: $ 1280 & $ 1000nMga Antas ng Paglaban sa Key: $ 1700 & $ 2160　　Pinagmulan: TradingView　　Pang-araw-araw na Moving Average:　　MA20: $1230nMA50: $1321nMA100: $1903nMA200: $2435　　Ang ETH/BTC Chart　　After rebounding off the bottom

2022-07-21Ethereum

Polygon to release ZK scaling solution fully compatible w/ Ethereum - BitcoinEthereumNews.com

EthereumIlalabas ng Polygon ang ZK scaling solution na ganap na katugma sa Ethereum07 / 20 / 2022Balita ng Ethereum ng Bitcoin　　Polygon, the popular Ethereum-focused scaling platform, today anounced the launch of Polygon zkEVM, the first Ethereum-equivalent scaling solution that works seamlessly with all existing smart contracts, developer tools, and wallets, harnessing advanced cryptography called zero-knowledge proofs.　　As of now, Polygon has released part of the source code and roadmap for zkEVM, with the public testnet expected later this summer and the mainet launch planed for early 2023.　　The Polygon zkEVM is fundamentally equivalent to the Ethereum Virtual Machine (EVM) itself and fully benefits from all of Ethereums ecosystem. EVM-equivalence is different from EVM compatibility because it creates less friction, removing the need for any kind of modification or re-implementation of code.　　Polygon zkEVM, which stands for zero-knowledge Ethereum Virtual Machine, leverages zero-knowledge (ZK) proofs to reduce transaction costs and increase throughput while inheriting the security of Ethereum.　　ZK proof technology works by batching transactions into groups, which are then relayed to the Ethereum Network as a single, bulk transaction. The ‘gas fee’ for the single transaction is then split between all the participants involved, dramatically lowering fees.　　For developers of payment and DeFi applications, Polygon

2022-07-21Ethereum

Uniglo Begins Clocking the Radar of ETH, MATIC, and XLM Holders - BitcoinEthereumNews.com

Uniglo (GLO)　　Uniglo‘s incredibly competent team of developers have helped create a project that solves key issues in both the crypto world and fiat. That’s because with a truly deflationary, fully-asset backed and community-driven token, they‘ve come up with a coin that doesn’t rely on rampant speculation and has an extremely stable floor.　　With fiat currencies, you‘ve probably noticed your money becoming worth less and less due to inflation. Fiat is able to be printed on-demand, as it’s no longer backed by a gold standard. Its entire price is based on sentiment. Theres no scarcity, and quantitive easing simply devalues it.　　GLO is different, as it has scarcity built into its model alongside a fully 1:1 asset-backed store of value. GLOs vault of investments (to help create asset-backing) are made up of other cryptos, NFTs and collectibles alongside digitized versions of gold, whisky, fine art and more.　　GLO also isn‘t reliant on the price of any one asset due to diversification. Unlike many other products in the crypto world, it doesn’t rise and fall based on BTCs performance. Thats why GLO is a unique opportunity as the future of finance, and a digital currency you can actually have confidence in when you either buy

2022-07-21Ethereum

Galaxy Buys $75 Million ETH – Trustnodes - BitcoinEthereumNews.com

EthereumBumili ang Galaxy ng $75 Million ETH – Trustnodes07 / 20 / 2022Balita ng Ethereum ng Bitcoin　　The Galaxy Institutional Ethereum Fund has bought $75.6 million eth according to a filing with the Securities and Exchanges Commission.　　The purchase was on behalf of 21 investors, each with a minimum of $100,000 invested.　　“The Funds invest directly in Ether and are priced based on the Bloomberg Galaxy Ethereum Index (‘ETH’),” Galaxy said.　　Gemini acts as a custodian with Galaxy having $1.7 billion in assets under management.　　Goldman Sachs may be one of the investors on behalf of their clients as they began offering the eth fund back in March.　　This comes amid some bullishness in eth ahead of the Merge upgrade to full Proof of Stake expected in September.　　The $75 million investment is also one of the biggest since early 2021, indicating that institutional investors may be returning to the crypto space.　　A further Galaxy Benchmark Crypto Index Offshore Fund also bought $3.25 million on behalf of ten investors, showing eth is currently attracting far more attention.

2022-07-20Ethereum

Uniglo (GLO) Finds Lucrative Niche Within NFT Market Alongside Ethereum (ETH), Solana (SOL), And Avalanche (AVAX) - BitcoinEthereumNews.com

With tons of new crypto projects hitting the market every week, it can sometimes be difficult to differentiate the great ones from the not-so-great ones, especially with the rise in popularity of NFTs. These went mainstream in a big way a year or so ago, but not every NFT investment has paid off for those who got involved. Some have made massive gains, while others have made massive losses.　　Regardless of what you think about the long-term viability of NFTs as an investment, they‘re undoubtedly here to stay. And some projects, like GLO, make secure use of them amongst a range of other investments… So you can diversify your risk and enjoy real upside without any stress. Analysts predict big things for three Ethereum blockchain projects over the coming months. These include the GLO as mentioned above, alongside SOL and AVAX. Let’s look at why these might be the perfect additions to your investments…　　Uniglo (GLO)　　Glo has created an extremely secure vault of investments into a range of other projects to help it become the first fully asset-backed community-driven crypto thats completely deflationary and continues to become more scarce over time.　　It also allows holders to have positions in other assets they previously

2022-07-20Ethereum

Bitcoin Explodes to $24K as Ethereum Consolidates Above $1,500 (Market Watch) - BitcoinEthereumNews.com

Bitcoin EthereumBitcoin Explodes to $24K as Ethereum Consolidates Above $1,500 (Market Watch)07 / 20 / 2022Balita ng Ethereum ng Bitcoin　　Although Bitcoins price was lagging over the past few days compared to Ethereum and some other altcoins, it caught up over the past 24 hours. BTC exploded by over 7.6% and touched $24K.　　Bitcoin Soars Towards $24K　　Over the past 24 hours, BTC managed to finally catch up to Ethereum and its ecosystem, soaring by over 7.6%. This saw its price almost touch $24K before retracing to where its currently trading at $23,500.　　Pinagmulan: TradingView　　As seen in the chart above, Bitcoin is attempting to break above the previously established range. To do so, it must consolidate and remain above $22,500. If successful, this could potentially open up the way towards $27,000 and even higher.　　In any case, the cryptocurrency managed to close seven out of eight daily candles in the green. Today would be the 8th candle if it remains positive.　　The increased volatility also sanhi a lot of liquidated positions over the past 24 hours. In total, they amount to slightly less than $300 million, $160 million of which were BTC positions. The largest single liquidation order happened on FTX, and it was also a

2022-07-20Ethereum

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