Did Solana actually surpass Ethereum with 136% higher NFT volume - BitcoinEthereumNews.com

Ethereum Mga NFTTalaga bang nalampasan ni Solana ang Ethereum na may 136% na mas mataas na dami ng NFT07 / 04 / 2022Balita ng Ethereum ng Bitcoin  According to a recent retweet by Santiment, it seems that the volume of Solana-based NFTs exceeded that of Ethereum. Well, in reality, the volume differs with a tiny yet critical factor.  It is Solana and not Ethereum  The volume charted in the tweet is not calculated in USD but in the blockchains native token. Thus, despite Ethereum observing only 550k ETH worth of NFT transactions, the total volume exceeds $550 million. However, 1.3 million SOL worth of NFT transactions, only amounts to $43.39 million.  NFT volume ????  Ethereum (left) vs Solana (right) pic.twitter.com/WUsJFBxP58  — Alex Svanevik???? (@ASvanevik) Hulyo 3, 2022  Put simply, in no way did Solanas NFT surpass that of Ethereum. Well, except on one front. The total transactions conducted throughout the week on Ethereum came up to a little under 500k, while Solana noted almost 630k transactions this week alone.  This 32.6% higher activity on Solana does show that lower costs can attract higher usage, but it doesnt amount to much.  On the macro time frame, Solanas NFT marketplace has been observing a gradual decline in terms of daily volume.  In

2022-07-05Ethereum

Coinshare Report - Bitcoin Shorting Reaches Historic Highs! What This Means For BTC Price - Coinpedia - Fintech & Cryptocurreny News Media - BitcoinEthereumNews.com

BitcoinCoinshare Report – Bitcoin Shorting Reaches Historic Highs! What This Means For BTC Price – Coinpedia – Fintech & Cryptocurreny News Media07 / 04 / 2022Balita ng Ethereum ng Bitcoin  Following the debut of the first short-bitcoin ETF in the US, institutional investors‘ interest in shorting Bitcoin reached historic highs. According to CoinShares’ weekly report on digital asset fund flows, short-bitcoin investment received inflows totaling $51 million during the past week.  Additional Bitcoin-related products experienced an inflow of $0.6 million. The investment products for digital assets received $64 million in total.  On June 21st, 2022, the ProShares Short Bitcoin Strategy ETF was introduced. The fund tracks wagers made against the price of Bitcoin and travels counterclockwise to the token.  ProShares was the only provider of investment products to receive inflows of $43 million over the past week. With inflows totaling $7.7 million, 21Shares of Europe is far behind in second place.  Increase in shorting interest  After the cryptocurrency experienced its worst performance since 2011 and a 60 percent decline in the second quarter, there has been an increase in interest in shorting it. In recent months, fears of a US recession have been compounded by a wave of cryptocurrency bankruptcy filings.  $46.2 million worth of inflows were

2022-07-05Bitcoin

Bitcoin, Ethereum, EOS, and Maker Daily Price Analyses – 4 July Roundup - BitcoinEthereumNews.com

Bitcoin EthereumBitcoin, Ethereum, EOS, and Maker Daily Price Analyses – 4 July Roundup07 / 04 / 2022Balita ng Ethereum ng Bitcoin  The global crypto market has continued to move forward with bullish vigor. The recent changes brought Bitcoin and Ethereum past the crucial threshold level. As the gains continue, there has been an addition of considerable value to the market. The problem that the market has continued to face is the losses that come soon after the bullish wave. The global market cap value has been unable to change as the fluctuations continue.  India has proved to be one of the major markets for crypto because of its huge population. According to the available updates, implementing a 1% tax on crypto has dealt a heavy blow to the market. The market trading volumes have decreased drastically as the market has changed. The tax came to implementation on 1 July, and exchanges have been seeing a speedy reduction in investments.  India has been unable to finalize its crypto legislation and has gone for taxation. Various crypto enthusiasts have criticized this policy for being at odds with crypto. What will be Indias final policy toward this growing market is yet to be seen.  Narito ang isang

2022-07-05Ethereum

Ethereums AUM Nearly Halved in June: Report - BitcoinEthereumNews.com

Alex Dovbnya  These numbers prove that Ethereum had terrible month (together with rest of crypto market)  Ayon sa isang ulat recently published by cryptocurrency analytics firm CryptoCompare, Ethereum investment products assets under management collapsed 46.7% in June to $4.54 billion.  Imahe sa pamamagitan ng cryptocompare.com  For comparison, Bitcoins AUM shrunk by roughly 33.6% over the same period of time.  Ethereum recently recorded its worst quarter ever, plunging by a whopping 67% since April. On June 18, the price of the second-largest cryptocurrency collapsed to as low as $881. Meanwhile, Bitcoin logged its worst quarter since 2011, with its value declining by more than 68%.  Grayscale, the worlds largest crypto asset manager, accounts for more than 77% of the total AUM.  Overall, weekly net outflows logged a new record high average of a whopping $188 million, which shows that institutional investors soured on crypto due to rapidly falling prices.  ETF-linked AUM plunged by more than 52% last month due to worsening market conditions.  Meanwhile, short Bitcoin products benefited from the crypto carnage, adding $33.2 million on average per week.  Trading volumes remain relatively steady  In the meantime, trading volume across cryptocurrency investment products fell by 7.16% last month. Grayscale Bitcoin Trust (GBTC) was, as expected, the most traded one, recording $125 million

2022-07-05Ethereum

ENS Domain Name “000.eth” Was Sold for 300 ETH – crypto.news - BitcoinEthereumNews.com

crypto EthereumNabenta ang ENS Domain Name na “000.eth” sa halagang 300 ETH – crypto.news07 / 04 / 2022Balita ng Ethereum ng Bitcoin  The Ethereum Name Service (ENS) provides the relevant statistics on the most highly-priced domain names on the Ethereum network. According to Wu Blockchain, the digital domain name “000.eth” was sold at 300 ETH with a market value of $321,000, making it the second ENS name by transaction price.  Popularity of ENS Domain Names  The demand for ENS domain names and addresses is largely caused by the fact they allow converting the major strings of data into readable addresses and identifiers that may be used in a maner similar to domain names in websites. Such unique addresses enable users to effectively integrate multiple hashes, addresses, and other types of identifiable information.  The ENS also contributes to the growing blockchain adoption by a broader community who may experience difficulties with working with the machine-readable format. Almost all forms of identifiable information can be successfully converted into a human-readable format, thus making it convenient for ordinary users with the minimum blockchain background.  Auctions are used to distribute the most popular domain names, and the most valuable one is “paradigm.eth” sold at 420 ETH. As a result,

2022-07-05Ethereum

Ethereum Gas Fees Hit 20-Month Low Amid Market Downturn - BitcoinEthereumNews.com

Ethereum average gas price (Source: YCharts)  Ethereum gas fees skyrocketed to record highs over the course of 2021 as ETH rallied along with the rest of the crypto market. An explosion of interest in NFTs contributed to the rise as the vast majority of non-fungible asset trading happened on Ethereum. At the height of the market frenzy dubbed NFT summer, minting NFTs set users back hundreds of dollars and more complex transactions came in even higher as the network became increasingly congested. As a result, alternative Layer 1 blockchains like Solana, Avalanche, and the ill-fated Terra soared by enticing users, many of them speculators in the retail market, with lower transaction fees.  Ethereum daily transactions chart (Source: Etherscan)  Data mula sa Etherscan shows that the average number of daily transactions has also fallen since the market topped. Meanwhile, the rising adoption of Layer 2 solutions like arbitrasyon at Pag-asa sa mabuting ibubunga, which have grown to a collective total value locked of around $2.7 billion over the past year according to L2Beat, has also eased congestion on Ethereum mainet. Still, barring a brief dip last month, the network has consistently processed 1 million daily transactions for the past two years, suggesting that demand

2022-07-05Ethereum

Bitcoin And Ethereum Struggles To Recover, AR And NMR Soars Significantly - BitcoinEthereumNews.com

Bitcoin EthereumBitcoin And Ethereum Struggles To Recover, AR And NMR Soars Significantly07 / 04 / 2022Balita ng Ethereum ng Bitcoin  Despite the market condition, top currencies, Bitcoin and Ethereum, struggle to regain their values. On the other hand, some altcoins, AR, and NMR are showing a significant gain charm over 14-days.  Since the Fed Reserve decided to raise interest rates and the May inflation report, Bitcoin has been floating in a small zone between $19,000 and $20,000. Thus, it is difficult for it to recover any significant upward pace.  Mga Kaugnay na Pagbabasa | Ang Solana (SOL) ay Natigil sa Mas mababa sa $33 Sa Mga Nagdaang Araw Dahil Buo pa rin ang Bearish Pressure  Bitcoin, the most valuable cryptocurrency, has dropped more than 70% in value since peaking at $67,000 in November 2021.  Gayunpaman, ayon sa CoinGecko data, BTC is now trading at $19,500 and has experienced losses of 7.8% and 5.4% during the last 7 and 14 days, respectively.  Senior market analyst at the foreign exchange trading firm Oanda, Edward Moya, claims that Bitcoin is under pressure and finding it difficult to hold onto the $20,000 level.  BTC is currently trading above the $19,500 level on the hourly chart | Source: BTC/USD price char from

2022-07-05Ethereum

BTC, ETH Hover at Key Support Levels to Start Week – Market Updates Bitcoin News - BitcoinEthereumNews.com

Eliman Dambell  Si Eliman ay nagdadala ng isang eclectic na pananaw sa pagsusuri sa merkado, na nagtrabaho bilang isang brokerage director, retail trading educator, at market commentator sa Crypto, Stocks at FX.  Pagtatatuwa: Ang artikulong ito ay para sa mga layuning pang-impormasyon lamang. Ito ay hindi isang direktang alok o paghingi ng isang alok upang bumili o magbenta, o isang rekomendasyon o pagrekomenda ng anumang mga produkto, serbisyo, o kumpanya. Bitcoin.com hindi nagbibigay ng payo sa pamumuhunan, buwis, ligal, o accounting. Hindi man ang kumpanya o ang may-akda ay responsable, nang direkta o hindi direkta, para sa anumang pinsala o pagkawala na sanhi o diumanoy sanhi ng o may kaugnayan sa paggamit ng o pag-asa sa anumang nilalaman, kalakal o serbisyo na nabanggit sa artikulong ito.

2022-07-04Ethereum

Here’s how a massive labor shortage and pent-up demand helped create a chaotic summer for airlines - BitcoinEthereumNews.com

KabuhayanNarito kung paano nakatulong ang napakalaking kakulangan sa paggawa at nakakulong na pangangailangan na lumikha ng magulong tag-araw para sa mga airline.07 / 03 / 2022Balita ng Ethereum ng Bitcoin  Each holiday weekend this summer has ended in chaos for many travelers facing huge numbers of flight cancellations and delays. July Fourth weekend could likely be more of the same.  More flights have already been delayed in 2022 compared to any year in the past decade, according to data from the Bureau of Transportation Statistics, with cancellations also near record highs. Airlines have offered travelers everything from pizza during delayed flights, Upang $ 10,000 cash to get off overbooked planes. And the CEO of Delta apologized to passengers for the flight disruptions.  More than two years into the COVID pandemic, people have started to travel again, and as demand rebounds, experts say that airlines are struggling to accommodate with a labor pool of pilots that shrunk two years ago and has yet to recover.  “The pilot shortage for the industry is real, said United Airlines CEO Scott Kirby sa isang quarterly investor call in April. ”And most airlines are simply not going to be able to realize their capacity plans because there simply arent

2022-07-04Industriya

UMA Fluctuates Around $2.6 Level - BitcoinEthereumNews.com

TeknolohiyaUMA Fluctuates Around $2.6 Level07 / 03 / 2022Balita ng Ethereum ng Bitcoin  The Universal Market Access price prediction shows that UMA touches the resistance level of $3.0 today as the coin prepares for the upside.  Data ng Istatistika ng Hula ng UMA:  UMA price now – $2. 6  UMA market cap – $179.7 milyon  UMA circulating supply – 67.1 milyon  Kabuuang supply ng UMA – 107.7 milyon  Ranggo ng UMA Coinmarketcap – #135  UMA/USD Market  Key Levels:  Mga antas ng paglaban: $ 5.0, $ 5.2, $ 5.4  Mga antas ng suporta: $ 1.05, $ 1.03, $ 1.01  UMAUSD – Daily Chart  UMA / USD is moving sideways as the coin prepares to embark on the bullish movement. At the time of writing, the Universal Market Access is hovering within the 9-day and 21-day moving averages, and the trend has a bullish inclination, which may likely revisit the previous resistance level of $3.0.  Universal Market Access Price Prediction: UMA May Spike  Sa panahon ng pagsulat, ang UMA price is likely to cross above the upper boundary of the chanel. However, the best bulls can do is to defend the support at $2.4 and focus on pulling towards $3.0. However, if buying pressure increases, the price may break above the chanel, and could reach the resistance

2022-07-04Industriya
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