BREAKING: ARK Invest Files Para sa First Ethereum Spot ETF

Ethereum  BREAKING: ARK Invest Files Para sa First Ethereum Spot ETF  41 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Per a document filed with the US Securities and Exchange Commission (SEC), hedge fund Ark Invest filed for the first Ethereum spot Exchange Traded Fund (ETF) in the US. This new filing has directly impacted the ETH price as the ETF narrative gains further influence in the crypto market.  ARK Gets Ahead Of The Curve: Ethereum Spot ETF Filing To Trigger Domino Effect?  According to the document file with the SEC, the financial product will trade on the Cboe BZX Exchange and track the ETH price on the spot market as displayed by the Chicago Mercantile Exchange (CME). Ark has listed Benchmarks as their Index manager and is sponsored by 21Shares.  Furthermore, Ark selected crypto exchange Coinbase as their ETH custodian, similar to its Bitcoin spot ETF application. The company will hold the totality of Arks ETH on their behalf.  The SEC has emphasized the importance of the custodian for a potential Bitcoin ETF approval. Logically, the Commission will impose the exact requirements for an ETH spot ETF. Ark stated the following in their Ethereum ETF application:  After diligence investigation, the Sponsor believes that the Custodian‘s policies, procedures, and

2023-09-07Ethereum

Ethereum-Based DeFI Altcoin Project Ignites Rallies Amid Rollout of New Upgrade

crypto Ethereum  Ethereum-Based DeFI Altcoin Project Ignites Rallies Amid Rollout of New Upgrade  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  One decentralized finance (DeFi) altcoin project is surging amid the rollout of a highly anticipated network revamp.  In the past there days, Synthetix Network (SNX), a protocol that allows users to trade synthetic assets, shot up from a low of $1.91 to a high of $2.51, a more than 32% increase.  As the rally took off, blockchain tracking firm Lookonchain napansin one crypto whale withdrew a massive 3.44 million SNX worth $7.72 million from top crypto exchange Binance.  Last week, the project announced the latest progress on the launch of Synthetix V3, an upgrade of the ecosystem almost two years in the making that it describes as the “liquidity layer for DeFi.” According to a new blog post, all of the final main net alpha upgrades for V3 have been sent to auditors for review.  With Syntethix V3 going live, founder Kain Warwick also weighed in on the future of the project in a new blog post this week.  Part of the vision behind V3 is to make Synthetix deployable on any EVM-compatible chain, which presents the challenge of SNX liquidity being spread too thin on each

2023-09-07Ethereum

ETH Price Could Outperform Bitcoin In September and October

| Tradingview  Holding onto the short-term support at $1,630 would be instrumental for the uptrend continuation. However, traders should consider the plausible bottlenecks, starting with the 50-day Exponential Moving Average (EMA) (red) at $1,645, the 100-day EMA (blue) at $1,668 and the 200-day EMA (purple) at $1,715.  Profit-booking can take place at any of those moving averages, which could slow down the uptrend. However, long-term holders of Ether are likely to compensate for the lost momentum as they keep their positions intact amid speculations of the SEC approving the first Ethereum exchange-traded fund (ETF) futures this September.  A break out of the range channel on the upside would affirm the bullish grip and increase investor confidence in the uptrend to $2,000.  It is worth mentioning that, the ETF futures approval could be the catalyst ETH price needs to escape the bearish shackles in the range. According to the Stochastic oscillator, bulls may struggle to close the gap to the range limit at $1,730 – a situation that could result in increased selling pressure.  Investors can hold their long positions as long as Ethereum is wobbling within the range limits. It is too early to rule out another sell-off, where Ether slides below $1,600 to seek

2023-09-07Ethereum

Ang Bagong Sell Feature ng MetaMask ay Nagbibigay-daan sa Mga User na Magbenta ng ETH Para sa Fiat

Ethereum  Ang Bagong Sell Feature ng MetaMask ay Nagbibigay-daan sa Mga User na Magbenta ng ETH Para sa Fiat  4 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum wallet MetaMask has announced the rollout of a new sell feature that will allow users to sell their ETH for fiat currency and withdraw it as cash.   The new feature is part of the MetaMask portfolio and comes a few months after wallet users were allowed to purchase crypto using fiat from bank accounts.  A New MetaMask Feature  MetaMask announced the new feature in a post on X (formerly Twitter) on the 5th of September. MetaMask stated in the post that the new feature would allow users that have crypto wallets connected to its Portfolio decentralized application will be able to cash out their ETH. They could then send the fiat from cashing out their ETH to bank accounts in the United States, United Kingdom, and several regions of Europe. While the initial rollout is limited to ETH, MetaMask plans to expand the service to include “native gas tokens on Layer-2 networks” in the near future.  While the new feature is available in limited markets, it supports the local currency of each of the regions in which it

2023-09-06Ethereum

Pagkonekta ng mga Blockchain: Lattice Token (LTX) at ang Ebolusyon ng Cross-Chain Compatibility

crypto  Pagkonekta ng mga Blockchain: Lattice Token (LTX) at ang Ebolusyon ng Cross-Chain Compatibility  Balita ng Ethereum ng Bitcoin  In the ever-expanding world of blockchain technology, the concept of cross-chain compatibility has become increasingly crucial. It refers to the ability of different blockchain networks to communicate and interact seamlessly with one another, opening up a myriad of possibilities. This capability enables the transfer of assets, data, and functionalities across multiple blockchains. In this article, we delve into the fascinating realm of cross-chain compatibility, with a particular focus on Lattice Token (LTX) and its role in revolutionizing this space. Unlock new perspectives on cryptocurrency markets by engaging with the tools and analytics at Bitcoin Sprint App, known for online crypto trading.  Understanding Cross-Chain CompatibilityWhat is Cross-Chain Compatibility?  Cross-chain compatibility is the bridge that connects different blockchain ecosystems, allowing them to share resources and collaborate effectively. Traditionally, blockchain networks have operated in isolation, limiting their potential for widespread adoption. However, with the advent of cross-chain technology, these barriers are being dismantled, ushering in a new era of interconnectedness and interoperability.  The Need for Cross-Chain Compatibility  Cross-chain compatibility addresses some of the inherent limitations of individual blockchains. It offers a solution to challenges such as scalability, speed, and functionality, which

2023-09-06Industriya

Unprecedented Metaverse “Economic Stimulus” NFT Trunk Offer From Utherverse Includes 0.3 ETH in Addition to Designer Clothing, Virtual Property

The Uther trunk sale will last only 72 hours, with a presale starting 12:01 a.m. Sept. 17 followed by a public sale Sept. 18-19. There will be a limit of 20 trunks per person.  Utherverse is making the one-time offer to encourage economic activity within its next-generation platform set to launch in 2024.   “Giving people back their money when the trunks open will be like them finding a huge pile of cash,” said Brian Shuster, Founder and Chairman of Utherverse. “This assures us that trunk buyers will be engaged with the project, and when our metaverse comes out of beta testing there will be a huge stimulation of the virtual economy within the platform.”  Utherverse will offer four different rarity-based male and female trunks, with each trunk holder receiving:  One Gen 2 Uther trunk.  6-15 wardrobe items (rarity-based) including particle effect clothing not available anywhere else.  One Utherverse property, either a penthouse, sub-penthouse, luxury apartment or upscale apartment (rarity-based).  0.3 ETH (or USD equivalent value at time of purchase).  One ticket to the first-ever Utherverse Festival t ibang vertical ng negosyo kabilang ang advertising/marketing, shopping/retail, conference/convention, edukasyon, pakikipag-date, lifestyle, entertainment event/performance, VIP experiences at virtual offices. Ang Utherverse platform ay inilunsad noong 2005 ng internet visionary na

2023-09-06Ethereum

Bumagsak ang Algorand Crypto ng 11%; Magpapatuloy ba ang Pagbagsak sa ALGO?

Ang prediksyon ng presyo ng Algorand Crypto ay nagmumungkahi na ang token ay gumawa ng isang kawili-wiling pattern ng pagbaba. Crypto trading sa ibaba 20, 50, 100, at 200-araw na average na paglipat ng araw.  The ALGO price prediction shows the token faces bearish dominance on the daily time frame chart. Algorand crypto needs an increase in positive momentum in order to break out from the descending pattern. However, sellers may approach 50-SMA, acting as a resistance to the crypto price. However, the 24-hour trading volume (3.931) is lower than the 10-day average volume (8.994).  Algorand price prediction implies that investor sentiments regarding the ALGO token are bearish. Investors may prefer to keep a keen watch over the crypto. Presently, the Algorand price is below all the key EMA and MA levels. The present value of Algorand is $0.0940. It has a market capitalization of around $3.932 Million with a fully diluted market cap of $939 Million. The crypto has a circulating supply of 7.828 Billion.  Algorand has performed poorly so far this year. Year-over-year returns are -45.57%, while returns over the past 6 months are -53.45%. The return was -11.75% last month and -3.49% last week. Technicals signal selling pressure, while the

2023-09-06Industriya

Mexican Peso retreat appears fading near 17.45 key technical level

Balita ng Ethereum ng Bitcoin  USD/MXN braces for the second consecutive weekly loss as bulls prod key resistance lines.  Overbought RSI conditions suggest a pullback towards weekly support trend line.  Convergence of 100-SMA, 200-SMA puts a floor under Mexican Peso price ahead of US ISM Services PMI.  USD/MXN bulls struggle to keep the reins at a three-month high marked the previous day even as the Mexican Peso (MXN) pair edges higher to around 17.42 during early Wednesday.  That said, the quote rose to the highest level since June while fueling the pair toward marking the second consecutive weekly gain amid broad US Dollar strength. However, the overbought RSI and the USD/MXN pairs failure to provide a daily closing beyond the key technical resistances suggest a pullback in the prices.  Among them, a horizontal line comprising multiple levels marked since mid-May and a two-month-old ascending trend line, respectively around 17.42 and 17.45, gain major attention.  In a case where the USD/MXN pair rises past 17.45, the late May swing high of around 17.76 could act as an intermediate halt during the likely run-up towards the 18.00 threshold.  Meanwhile, pullback moves remain elusive unless breaking an ascending support line from August 31, close to 17.25 by the press time.  Following that,

2023-09-06Industriya

Nakikita ng Ethereum ang Pagtaas ng Volatility Habang Nagiging Tiwala ang mga Trader – Narito Ang Susunod na Antas ng Paglaban Para sa Presyo ng ETH

Amid Bitcoin‘s bearish price fluctuations, Ethereum, the king of altcoins, is fueling hopes for a potential bullish comeback in the coming days. Recent on-chain data indicates that Ethereum’s volatility is climbing, even as a bearish sentiment pervades the altcoin market. While this heightened volatility carries risks for Ethereums price stability, it also lures traders eager to profit from substantial price movements.  Ethereums Volatility Triples In Just Two Weeks  As Ethereums price faces challenges in breaking past the immediate resistance mark of $1,650, trading activity is intensifying, leading to increased price volatility. Additionally, Deribit data indicates that the “max pain” zone currently lies between $1,600 and $1,650, suggesting the possibility of significant price swings within this range.  According to data obtained from IntoTheBlock, Ethereums volatility has been on an upward trend over the last two weeks. The volatility has risen from the low of 10.63% on 16 August to 34.8% on September 5.  The recent surge in Ethereums volatility is generally seen as a bullish sign for its price. Increased volatility draws more traders and investors eager for quick gains, leading to higher trading volumes and upward price pressure. Traders who recognize the long-term value of Ethereum are more likely to buy and hold despite

2023-09-06Ethereum

Ninakaw ang Ethereum at BNB mula sa crypto casino Stake.com

Balita ng Ethereum ng Bitcoin  Yesterday, crypto casino Stake.com suffered a theft of Ethereum (ETH) and BNB worth tens of millions of dollars.  Tatlong oras ang nakalipas, ang mga hindi awtorisadong tx ay ginawa mula sa ETH/BSC hot wallet ng Stake.  Nag-iimbestiga kami at kukunin namin ang mga wallet sa sandaling ganap na muling ma-secure ang mga ito.  Ligtas ang mga pondo ng gumagamit.  Ang BTC, LTC, XRP, EOS, TRX + lahat ng iba pang wallet ay nananatiling ganap na gumagana.  — Stake.com (@Stake) Septiyembre 4, 2023  The company has confirmed that unauthorised transactions were made from Stake‘s Ethereum and BSC hot wallets, but says that users’ funds are safe.  All other wallets remained operational, so the theft does not affect Bitcoin, Litecoin, XRP, EOS and Tron wallets.  Ethereum and BNB millions stolen from Stake.com crypto casino  Analysis of on-chain transactions nagsiwalat that ETH, USDC, USDT and DAI worth a total of $16 million were stolen from the Ethereum wallet.  After subtraction, all stablecoin tokens were converted to ETH. It is believed that they were converted to Ethereum to prevent the stolen funds from being blocked by Tether or Circle.  A total of 6,000 ETH appears to have been misappropriated.  In addition, tokens worth $17.8 million were stolen from the BSC chain and

2023-09-06Industriya
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