Ethereum DEX Volume sa $9.93 Bilyon; PancakeSwap at Uniswap sa Focus

Balita ng Ethereum ng Bitcoin  The price of Ether has climbed by 12% since the beginning of the fourth quarter (Q4).  Ethers uptick is arguably catalyzed by the market valuation of its DEX tokens.  Uniswap is the best player in terms of TVL, while Pancakeswap ranks first via volume.  The price of Ether has climbed by 12% since the beginning of the fourth quarter (Q4) after a profound market slumber in quarter three (Q3). Fortunately, the industry has recovered from the bearish market, and specifically, the decentralized finance (DeFi) industry has bounced back.  Myriad factors are contributing to Ethereum‘s overall uptick, which includes economic recuperation, a market rally, and even social dominance. At present, Ether’s uptick is arguably catalyzed by the market valuation of its decentralized exchange (DEX) tokens.  According to CoinGecko, at the time of this writing, DEX tokens have $9.93 billion in market capitalization and $1.60 billion in 24-hour trading volume. Moreover, DefiLlama shows that the total locked volume of ETH is rapidly rising at $23.8 billion, with Uniswap being the best player in terms of TVL and Pancakeswap ranking first via volume.  Decentralized exchange PancakeSwaps native token, CAKE, is rapidly rising by 92% in a weekly timeframe. The swell in market valuation comes immediately

2023-11-07Ethereum

Claude Eguienta Joins TrustSwaps Board of Directors, Bringing Extensive Expertise in Blockchain and Financial Inclusion

TrustSwap, a leading blockchain technology and cryptocurrency company, is thrilled to announce the addition of Claude Eguienta to its esteemed Board of Directors.  Claude, the Chief Executive Officer at Mimo, a company specializing in tokenized real-world assets and stablecoin creation, will lend his invaluable expertise and vision to TrustSwap as they continue to innovate and shape the future of decentralized finance (DeFi).  Claude Eguienta brings a wealth of experience to TrustSwap, having worked in startups and large tech companies for over a decade. He holds a Masters degree in Computer Science, with a focus on distributed systems, and has consistently demonstrated a strong commitment to driving positive change in the blockchain and fintech space.  Claude‘s impressive career includes co-founding Telcoin, a startup dedicated to advancing financial inclusion through blockchain-based remittances. His work at Telcoin laid the foundation for his advocacy of accessible financial solutions for all, a principle closely aligned with TrustSwap’s mission.  Claude also co-founded Kabotip, a crypto startup that successfully went through the OnLab incubator program. His experience as an entrepreneur and innovator in the crypto space further cements his position as a thought leader in the industry.  Born and raised in France, Claudes international journey has taken him to China, the United

2023-11-07Industriya

Maaari bang Masakop ng Presyo ng ATOM ang $30?

Cosmos (ATOM) is a project that aims to solve the blockchain industrys challenges. It offers a network of connected blockchains that are fast, cheap, scalable, and eco-friendly. It also makes blockchain development easier with a modular framework and enables blockchain interoperability with an inter-blockchain communication protocol.  Cosmos price has experienced a gain of 11.59% in the past week. The price has managed to surpass the 50-day EMA and is trying to turn optimistic. Recently, the bears failed to form a new swing low after the bulls dominated and surged the price above the recent swing high.  ATOM had a 24-hour trading volume of $140.51 Million with a drop of 19.53% as compared to the previous day. The live market cap of Cosmos is $2.93 Billion and it stands at 25th among the top cryptos. The volume-to-market cap ratio is 4.91% indicating a low volatility in the market.  Cosmos Price Prediction November 2023  The price action analysis illustrates that the ATOM price seems to have bottomed out near the $6 level. The bulls are attempting to turn the trend in their favor. Moreover, the price has surpassed the 50-day EMA indicating the initial signs of recovery.  The price prediction for November 2023 showcases a neutral to

2023-11-07Industriya

Nag-isyu ang regulator ng Hong Kong ng mga tokenized na kinakailangan sa pamumuhunan sa gitna ng pangangailangan

The Securities and Futures Commission (SFC) of Hong Kong laid down the business requirements for offering tokenized securities and other investment products in a circular released Nov. 2.  The market demand in Hong Kong for tokenized investment products combined with the various benefits of blockchain technology became one of the key drivers for the SFC to consider issuing public guidelines on tokenizing the securities and futures markets.  With the conclusion of the closely watched central financial work conference, China has outlined future priorities and directions for the pursuit of the countrys high-quality financial development.  The circular broadly details 12 points, emphasizing four aspects — tokenization arrangement, disclosure, intermediaries and staff competence — for eligibility in issuing tokenized securities-related activities.  The intent behind the tokenization of SFC-authorized investment products is tied to rising market demand and the governments willingness to facilitate market development. Considering that the underlying product can meet all the applicable product authorization requirements and the additional safeguards to address the associated risks, the SFC stated:  “By adopting a see-through approach, the SFC is of the view that it is appropriate to allow primary dealing of tokenized SFC-authorised investment products.”  Providers are expected to take full responsibility for their tokenized products, ensure effective record-keeping, and

2023-11-06Industriya

Maestro Trading Bot Refunds 610 ETH to Users Following Router Exploit

MaestroBots, a prominent cryptocurrency trading bot on the Telegram messenger app, has swiftly taken action to refund users who were affected by a recent smart contract exploit. In an incident that unfolded on October 24, a total of 280 ETH was targeted.  In response, the Maestro team took immediate action to refund the users impacted by the Maestro Router 2 contract exploit. This commitment to user security and trust was announced on social media platform X (formerly Twitter) on October 25.  MaestroBots allocated a substantial sum of 610 ETH from its own revenue to cover all user losses. At the time of writing, this sum exceeded $1 million. The statement from MaestroBots read, “Every wallet that lost tokens in the router exploit has now received the full amount they lost. Some of you ended up with even bigger bags.”  For nine out of the 11 exploited tokens, MaestroBots opted to buy and refund tokens, instead of sending ETH, deeming it the most equitable and comprehensive refund. MaestroBots spent 276 ETH to secure users tokens, demonstrating their commitment to user safety.  For the remaining two tokens, Joe (JOE) and Lockheed Martin Inu (LMI), the refund was issued in ETH due to liquidity constraints in buying

2023-11-06Ethereum

Ethereum (ETH) Price Analysis: Can ETH Price Break Past $2000

The Ethereum (ETH) price has moved above the $1850 mark and is currently trading at the $1880 mark, and could push toward the resistance at $2000.  Currently, ETH is above the $1850 price level and the 100-hourly Simple Moving Average.  ETH Ready For Bullish LMACD Crossover  While the cryptocurrency market has recovered, sentiment around Ethereum is currently at a low. The ETH price has seen higher lows throughout 2023 since hitting its June 2022 bottom. However, the ETH price is now set for a bullish crossover of the 1M LMACD, the logarithmic version of the Moving Average Convergence Divergence indicator. The tool is used to compare historical price movements with the current price action. A bullish crossover hints at a significant momentum shift. This is made even more potent due to the crossover occurring near the zero line indicator.  Similar crossovers in the past have led to a sustained bull market for ETH and other altcoins, especially those in the DeFi space. The last bullish crossover occurred in May 2020 and lasted until a bearish crossover in January 2022, which led to a long-drawn crypto winter. While the bullish crossover in the LMACD is not confirmed, a breakout of the 1M On-Balance Volume indicator

2023-11-06Ethereum

Ethereum Price Grinds Higher and Liftoff Toward $2,000 Seems Imminent

Balita ng Ethereum ng Bitcoin  Ethereum is gaining pace for a move toward the $2,000 level.  Ang presyo ay nakikipagkalakalan sa itaas ng $1,850 at ang 100-oras na Simple Moving Average.  Mayroong isang pangunahing linya ng trend ng bullish na bumubuo na may suporta malapit sa $ 1,870 sa oras-oras na tsart ng ETH USD (data feed sa pamamagitan ng Kraken).  The pair could continue to move higher above the $1,920 and $1,950 levels.  Ethereum Price Outperforms Bitcoin  Ethereum remained in a positive zone above the $1,780 support zone. ETH started a fresh increase and was able to clear the $1,850 resistance, outperforming Bitcoin.  The price even spiked above the $1,900 level. It traded to a new multi-week high at $1,912 and the price is now consolidating gains. It is now trading near the 23.6% Fib retracement level of the upward move from the $1,781 swing low to the $1,912 high.  Ethereum is now trading above $1,850 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support near $1,870 on the hourly chart of ETH/USD.  Pinagmulan: ETHUSD sa TradingView.com  On the upside, the price is facing resistance near the $1,900 level. The first major resistance sits at $1,920. If ETH surpasses the $1,920

2023-11-06Ethereum

Sinasabi sa akin ng ChatGPT na ang Ethereum ay nagkakahalaga ng $10K sa Disyembre 2023

Pinagmulan: ChatGPT  Sa pagtingin sa tugon nito sa itaas, maliwanag na nagsimula ito sa pagwawasto sa akin. Ang ilan ay magsasabi na ito ay may punto din. Gayunpaman, ipinakita ng karagdagang pagsusuri na parang hindi pa ito noong 2023. Kapansin-pansin, gumawa ito ng ilang mga pagkakamali sa kahulugan.  Hindi maalala ng ChatGPT ang Merge?  Ang isang kapansin-pansing obserbasyon ay ang pagbanggit nito sa PoS switch, na sikat na tinatawag na Merge. Ito ay isang kaganapan na naganap noong Setyembre 2022. Gayunpaman, tumugon pa rin ito na parang isang kaganapan sa hinaharap. Ngunit hindi, hindi ko sinisisi ang kakayahan nito dahil ito ay isang tool sa pag-aaral.  Kaya, para mas masuri ang kaalaman nito, tinuruan ko ito, o sasabihin ko bang “i-jailbreak” ito sa pamamagitan ng pakikipag-usap sa puso sa puso.  Ang isang bagay na sa tingin ko ay kawili-wili tungkol sa ChatGPT ay hindi lamang ang katalinuhan nito, kundi pati na rin ang pakiramdam ng tao. Tulad ng ipinapakita sa ibaba, sinubukan kong turuan ito kung ano ang pag-upgrade. At sa totoo lang, hindi ko inaasahan ang paghingi ng tawad mula sa isang bot. Pero oo, nakuha ko.  Pinagmulan: ChatGPT  Gayunpaman, muli itong nabigo na magbigay ng tamang sagot sa aking pagtatanong. Bagamat dapat kong palakpakan ito

2023-11-05Ethereum

Ethereum, XRP and Cardano Lead the Show

Kagandahang-loob: Santiment  Ripples native crypto XRPP has also been a star performer by clocking more than 15% weekly gains. The XRP price is up 4.54% over the last 24 hours trading at $0.64 with a market cap of $34.4 billion.  Kagandahang-loob: Santiment  Investors continue to gain confidence in XRP as Ripple edges closer to victory in its legal battle with the SEC. Its a matter of a few months, if not weeks, as Ripple emerges victorious and we soon see more adoption for XRP by global financial institutions. For now, XRP investors seem to gearing up for the next target of $1.  Ethereum competitor Cardano (ADA) has also registered a strong bullish surge gaining 5.25% and moving to $0.35. As reported, the ADA price continues to gain strength with strong whale participation.  Chainlink Party continues  Chainlink (LINK) has continued to rally gaining another 7% and moving past $12. The LINK price is currently trading at a major resistance, surpassing which could lead to a further price rally.  $ LINK  Now at the Monthly Macro Downtrend  Last time it was here was in early & late 2021 where LINK produced upside wicks past this Downtrend resistance (blue circles)  Thats why LINK needs to reclaim the Downtrend as support

2023-11-05Ethereum

Ethereum Is In A Horizontal Trend While Facing Rejection At $1,893

Ethereum  Ethereum Is In A Horizontal Trend While Facing Rejection At $1,893  Balita ng Ethereum ng Bitcoin  Nob 05, 2023 sa 08:59 /Presyo  The price of Ethereum (ETH) remains in an uptrend, hovering above the $1,846 breakout level. Cryptocurrency price analysis brought by Coinidol.com.  Pangmatagalang pagsusuri ng presyo ng Ethereum: bullish  Furthermore, the largest altcoin is oscillating below the resistance level of $1,893. Since October 24, the upswing has ended and the altcoin has returned to a horizontal pattern. Ether is now trading in a limited range. On a positive note, Ether is showing extended candlestick wicks, indicating that it is under strong selling pressure at higher price levels. It is unlikely that the cryptocurrency will continue to rise.  A break above the resistance at $1,897 would mean the continuation of an uptrend. On the downside, Ether remains in a bullish trend zone as long as buyers defend the $1,836 breakout level. Should the bears break below the $1,836 support, the current bullish gains will fade and selling pressure will return.  Analysis of the Ethereum indicators  The rally has stopped and the Ether price is moving horizontally as a result. On a shorter time frame, the moving average lines are horizontal and are above and below the price bars.

2023-11-05Ethereum
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