Ethereum Active Addresses Hit 2nd Highest Ever, Bottom Here?

Ethereum  Ethereum Active Addresses Hit 2nd Highest Ever, Bottom Here?  45 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  On-chain data shows the Ethereum daily active addresses indicator has recently registered its second-highest spike.  Ethereum Daily Active Addresses Has Observed A Sharp Spike Recently  Ayon sa data mula sa on-chain analytics firm Santiment, the active addresses metric only achieved a higher value in December 2022. The “daily active addresses” indicator measures the daily total number of unique Ethereum blockchain addresses that interact in some way.  This metric naturally accounts for both senders and receivers. Note that “unique” means that even if an address makes several transactions in a single day, its contribution towards the active addresses metric will remain just one unit.  The benefit of this restriction is that unique addresses can be considered analogous to unique users, so the indicators value can provide hints about the amount of traffic the ETH blockchain has received during the past day.  When the metric has a high value, many users are now interacting with the network. This can signify that the traders are actively interested in making moves on the asset.  Now, here is a chart that shows the trend in the Ethereum daily active addresses over the past few months:  Mukhang medyo

2023-09-15Ethereum

Vitalik Buterin Speaks of Future Built on Ethereum

Ethereum  Vitalik Buterin Speaks of Future Built on Ethereum  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Buterin is looking forward to a future where developers can leverage an independent open tech stack.  Speaking to the attendees of the Decentralized Finance (DeFi) event Permissionless which was held in Austin, Texas, Ethereum (ETH) co-founder Vitalik Buterin has expressed his enthusiasm towards a progressive future for the Ethereum network. He strongly believes that the network will keep pressing forward, adopting new ideas and offering innovative solutions to existing challenges.  Though Vitalik has begun to see signs of a promising future, he opines that even the newest of the new is “not imaginative enough”. Explaining further, the crypto innovator acknowledged that DeFi is cool while also stating that Non-Fungible Tokens (NFTs) are a new primitive as well as “an extension of something that has a history”.  He displayed no enthusiasm towards leveraging cryptocurrencies for payments citing that the solution is already familiar. According to Vitalik, all of these solutions are “individual pieces that are designed to fit into an ecosystem thats otherwise the same as before”.  Rather, his excitement was geared more towards decentralized social, repeatedly name-dropping Farcaster, a Twitter-like protocol built on the OP Mainnet with a companion Warpcast

2023-09-15Ethereum

Ang Layer 2 solution na Arbitrum ay nagtutulak sa paglago ng Ethereum ecosystem, nagmumungkahi ng Pantera Capital

Ethereum  Ang Layer 2 solution na Arbitrum ay nagtutulak sa paglago ng Ethereum ecosystem, nagmumungkahi ng Pantera Capital  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  According to the latest Pantera Capital Blockchain Letter, the crypto market may finally turn a corner after a brutal bear market in 2022, and leading Ethereum layer 2 solution Arbitrum is emerging as one of the biggest beneficiaries.  As Panteras letter illustrates,  “Arbitrum is a massive share taker within the Ethereum ecosystem, and Ethereum, in turn, has itself been a massive share taker across all of crypto.”  Furthering this point, Pantera reports that Arbitrum has single-handedly fueled 100% of the incremental growth in Ethereums transaction volume this year, even as other layer 2 solutions and competitors stayed largely stagnant.  Panteras fundamentals-based investing.  Principally focusing on fundamentals-based investing, Pantera acknowledges the significant bottlenecks Ethereum has grappled with due to its scalability constraints. Reflecting on Ethereums predicament, the letter indicates that layer 2 solutions like Arbitrum are surfacing as preferred solutions, promising faster and cheaper transactions while retaining Ethereums robust security measures and wide-ranging application support.  Drawing from Pantera‘s analysis, Arbitrum’s critical edge lies in its capacity to process transactions that are 40x faster and 20x cheaper than the base Ethereum layer. This superiority has

2023-09-14Ethereum

Ang Arm IPO ay narito, ngunit maraming mga ETF ang hindi magiging mga mamimili

Pananalapi  Ang Arm IPO ay narito, ngunit maraming mga ETF ang hindi magiging mga mamimili  Balita ng Ethereum ng Bitcoin  IPO and tech enthusiasts are excited about the initial pubic offering, and with good reason: its the first big tech IPO in more than two years.  A lot is riding on its success. In this case, “success” for investors means demand is high and the price rises in the weeks and months after the IPO.  Still, initially the deal will mostly be lacking one natural buyer: Exchange Traded Funds.  Arm will be launching its IPO Thursday on the Nasdaq, selling 95.5 million shares at $51, the high end of the expected price range of $47-$51.  Tech investors increasingly use ETFs to gain exposure to broad tech sectors, and subsectors, like semiconductors.  However, some investors who would like to get immediate exposure to the Arm IPO through ETFs may be disappointed.  ETF indexes have inclusion rules   ETFs are generally a desirable target for corporations to sell stock to because the ownership base skews toward passive and long-term ownership.  However, this particular IPO highlights several difficulties that even large companies like Arm have in acquiring a broader ownership base through ETFs.  For the most part, ETFs are backed by indexes. These indexes have

2023-09-14Industriya

Bitcoin Price Is Primed For Rally And Only 1 Thing is Holding it Back

Bitcoin  Bitcoin Price Is Primed For Rally And Only 1 Thing is Holding it Back  Balita ng Ethereum ng Bitcoin  Ang Bitcoin ay nagpapakita ng ilang positibong senyales sa itaas ng $26,200 na antas.  Ang presyo ay nakikipagkalakalan sa itaas ng $26,000 at ang 100 oras-oras na Simple moving average.  Mayroong isang pagkonekta sa bullish line line na bumubuo sa suporta na malapit sa $ 26,050 sa oras-oras na tsart ng pares ng BTC / USD (feed ng data mula sa Kraken).  The pair could start a fresh rally if there is a close above $26,500 and then a move above $27,000.  Presyo ng Bitcoin Upside Break  Bitcoin price remained well-bid above the $25,500 support zone. BTC formed a base and recently started a fresh increase above the $26,000 resistance zone.  There was a sharp spike above the $26,500 resistance zone. However, there was no close above the $26,500 resistance zone. The price traded as high as $27,212 and there was a nasty bearish reaction. The price reversed its gains and traded below the $26,650 level.  There was a move below the 23.6% Fib retracement level of the upward move from the $24,925 swing low to the $27,212 high. Bitcoin is now trading above $26,000 and the 100 hourly Simple

2023-09-14Bitcoin

Ethereum: Bulls and bears tussle as ETH prices touch $1600

Ethereum  Ethereum: Bulls and bears tussle as ETH prices touch $1600  Balita ng Ethereum ng Bitcoin  contributor  Disclaimer: Ang impormasyong ipinakita ay hindi bumubuo sa pananalapi, pamumuhunan, pangangalakal, o iba pang uri ng payo at opinyon lamang ng manunulat.  Ethereums [ETH] attempt at a bullish uptick after the bearish break was swiftly curtailed at the $1,619 resistance level. Previously ETH had ranged between the $1,619 and $1,718 price levels over a month-long period.  Realistic or not, here‘s ETH’s market cap in BTC terms  If Bitcoin [BTC] continues to move sideways between $25.7k and $28.4k, ETH could mirror the king coins price action with a range of its own between $1,550 and $1,619.  Bullish resolve at $1,619 succumbed to price volatility  Pinagmulan: ETH/USDT sa Trading View  The hack of Vitalik Buterins (co-founder of Ethereum) X account on 10 September ushered in a wave of panic selling of ETH. This gave sellers the necessary impulse to break the bullish defense of the $1,619 support level.  Despite the 6% drop, bulls quickly rallied at the $1,550 support level and touched the new resistance level of $1,619 within 24 hours. However, the price action on the 12-hour timeframe showed a bearish rejection at the level.  The Relative Strength Index (RSI) highlighted the bullish recovery with a

2023-09-14Ethereum

Ang bangko sentral ng Singapore ay nagpapataw ng 9 na taong pagbabawal sa mga tagapagtatag ng Three Arrows

Singapore‘s central bank, the Monetary Authority of Singapore (MAS), has imposed nine-year prohibition orders on Kyle Davies and Zhu Su, co-founders of the crypto hedge fund Three Arrows Capital (3AC). The prohibition orders come in response to alleged violations of the country’s securities laws by the duo and their now-bankrupt fund.  The prohibition orders, which took effect on September 13, prohibit Davies and Su from engaging in regulated activities in Singapore. Additionally, they are barred from managing, serving as directors, or holding substantial shares in any capital market services business within the country.  MASs decision to bar Davies and Su follows a thorough investigation into 3AC and its co-founders. During the investigation, MAS uncovered several securities law violations attributed to Su and Davies. Among these violations, the co-founders allegedly failed to notify the central bank when 3AC appointed a new business representative. They also provided false information to regulators and lacked an appropriate risk management framework.  Loo Siew Yee, the assistant managing director of policy, payments, and financial crime at MAS, expressed the regulatory body‘s serious concern regarding the actions of Su and Davies. She stated, “MAS takes a serious view of Mr. Zhu’s and Mr. Davies‘ flagrant disregard of MAS’ regulatory requirements

2023-09-14Industriya

Balita sa XRP Lawsuit: Paano Nakakatulong ang Pagsasalita ni Bill Hinman sa Ripple Executives na sina Chris Larsen at Brad Garlinghouse?

Pro-XRP lawyer John Deaton recently appeared on The Clinton Donnelly Show and shed light on the significance of Bill Hinmans speech in June 2018. In this landmark speech, Hinman, who was the director of Corporation Finance at the SEC, declared that Ethereum was not a security. This statement provided much-needed regulatory clarity for Ethereum and the cryptocurrency market as a whole.  Deaton highlighted that while the controversy surrounding Bill Hinman‘s Ethereum speech did not directly influence the judge’s decision in the Ripple case, it significantly affected the trial involving Ripples executives, Brad Garlinghouse and Chris Larsen.  “It didn‘t affect the judge’s decision but it will affect the trial of Brad Garlinghouse and Chris Larsen because the SEC must attempt, which they can‘t do, prove that they were reckless in not knowing that XRP is a security. But the judge, she did something very simple, and it’s a very great decision, it‘s a really good decision, it’s a sound decision.”  The SEC must demonstrate that the defendants were reckless in not recognizing XRP as a security. The existence of conflicting opinions and potential bias within the SEC, as revealed by the Hinman documents, will likely play a pivotal role in this aspect of the

2023-09-14Industriya

Pagtataya ng Presyo ng VRSK: Patuloy bang Tataas ang Presyo (NASDAQ: VRSK)?

The VRSK Inc. stocks ex-dividend date of September 14th is near, the amount to be paid will be $0.34 on September 29th, 2023. As seen in the previous sessions, the stock has reacted either by selling off or by buying heavily on dividends. The VRSK stock has been stable since the last earnings report, but a reaction is likely to happen soon. Based on the previous dividend on June 14th, 2023, a strong buying demand could drive the prices higher.  VRSK stock has been rising since November 2022 before the beginning of 2023, and has shown buyer accumulation with buyers piling up. Verisk Analyticsstock price was at $244.52 with an intraday decrease of 0.20%. Moreover, the intraday trading volume of VRSK is 742.629 K lower than the 10-day aggregate volume of 756.038 K.  Based on recent data, the revenue of the period ending June 2023 was $675 Million with a net income of 196.90 Million. Moreover, the Verisk Analytics stock estimated EPS was 1.41, and the reported EPS was 1.51 which gave a positive surprise of 7.08%. Moreover, the forecasted EPS for the next quarter is positive at 1.47.  Technical Analysis of VRSK Stock Price in 1-D Timeframe  The price action shows that Verisk

2023-09-14Industriya

Nakikipagsosyo ang Horizen kay Tatum para pasimplehin ang pagbuo ng dapp sa EON

Horizen, a platform focusing on scalability and interoperability, has partnered with Tatum to ease dapp development on EON.  Horizen joins hands with Tatum  Horizens partnership with Tatum, a platform that simplifies blockchain development, enhances EON by simplifying application development.  The deal focuses on JavaScript capabilities, RPC nodes, and blockchain data retrieval via API, making it easier for developers to integrate blockchain features into their applications using Tatums tools.  The partnership aims to simplify the development of blockchain technology by reducing technical complexities. Tatums expertise in streamlining blockchain operations can benefit the EON chain.  Tatum provides developers with various features, including the option to activate its JavaScript SDK. This tool streamlines app development by offering user-friendly tools and frameworks for incorporating blockchain functionality.  Developers can also use Tatum‘s cross-chain interaction support, allowing dapps to communicate with other blockchains like Ethereum, BNB Chain, and Polygon. With EON’s introduction to Tatums structure, developers can build and launch an RPC Node reliably and cost-effectively.  The Blockchain Data Retrieval through API feature provides developers on EON access to necessary blockchain data such as token balance inquiry, transaction monitoring, and interoperability.  Horizen pursues scalability, inclusion, and interoperability  Rob Viglione, the co-founder of Horizen and CEO of Horizen Labs, said:  “This collaboration with Tatum is a monumental

2023-09-14Industriya
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