Celsius adds nearly 429K stETH to Lido’s lengthening withdrawal queue

Tech  Ang Celsius ay nagdagdag ng halos 429K stETH sa pagpapahaba ng pila ng withdrawal ni Lido  13 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Bankrupt crypto lending firm Celsius is anxious to get its staked Ether (ETH) stash back from liquid staking platform Lido which enabled withdrawals this week.  Celsius initiated the process of withdrawing its Lido Staked ETH (stETH) from the protocol. According to transaction data it has requested the withdrawal of 428,840 stETH in batches of 1,000.  The stash is valued at approximately $784.7 million at current prices. The move follows a transaction of a similar amount of stETH on May 15 in preparation for withdrawal.  Once the withdrawal process is complete, Celsius will receive the equivalent in Ethereum and the stETH tokens will be burnt by Lido.  According to Dune Analytics, the cumulative amount of stETH in the withdrawal queue is 442,000 from 141 requests. It is valued at around $808 million though Celsius is responsible for the majority of it. The total amount already processed is 629 ETH, according to Dune.  On May 16, Lido stated it had enough ETH in its buffers to absorb the requests.  At time of writing the Lido protocol has ≈440,000 ETH available in the protocol buffers.  However, larger numbers

2023-05-17Industriya

Stacks is Predicted to Drop to $0.555962 By May 22, 2023

Pananalapi  Ang mga stack ay Hinulaang Bumaba sa $0.555962 Pagsapit ng Mayo 22, 2023  6 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Stacks is up 3.09% today against the US Dollar  STX/BTC increased by 3.35% today  STX/ETH increased by 2.56% today  Stacks is currently trading 17.00% above our prediction on May 22, 2023  Stacks dropped -23.63% in the last month and is up 15.78% since 1 year agoPresyo ng stacks$0.650487Stacks prediction$0.555962DamdaminFear & Greed indexMga pangunahing antas ng suporta$0.626966, $0.615102, $0.606163Mga pangunahing antas ng paglaban$0.647770, $0.656709, $0.668573  STX price is expected to drop by -14.53% in the next 5 days according to our Stacks price prediction  is trading at $ 0.650487 after gaining 3.09% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 2.55% in the same time period. STX performed well against BTC today and recorded a 3.35% gain against the worlds largest cryptocurrency.  According to our Stacks price prediction, STX is expected to reach a price of $ 0.555962 by May 22, 2023. This would represent a -14.53% price decrease for STX in the next 5 days.  STX Price Prediction Chart  Buy/Sell Stacks  What has been going on with Stacks in the last 30 days  Stacks has been displaying a negative trend recently,

2023-05-17Industriya

Pagsusuri sa Presyo ng Tron (TRX): Higit pang Mga Nadagdag na Posibleng Higit sa $0.072

Tech  Pagsusuri sa Presyo ng Tron (TRX): Higit pang Mga Nadagdag na Posibleng Higit sa $0.072  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Makuha ang Iyong Unang Bitcoin Sign up at makakuha ng $12 na Bonus na Referral na bonus hanggang $3,000  Mag-sign up  Nagsimula ang presyo ng Tron ng bagong pagtaas mula sa antas na $0.0672 laban sa US Dollar.  Ang presyo ng TRX ay nakikipagkalakalan na ngayon sa itaas ng $0.0700 at ang 55 simpleng moving average (4 na oras).  There was a break above a key bearish trend line with resistance near $0.0695 a major bullish trend line forming with support near $0.0685 on the 4-hours chart (data feed via Kraken).  Ang pares ay maaaring magpatuloy na umakyat kung masira nito ang $0.072 resistance zone.  Pagsusuri ng Presyo ng Tron  Sa nakalipas na ilang session, nagsimula ang presyo ng Tron ng disenteng pagtaas mula sa $0.0670 support zone laban sa US Dollar. Ang presyo ng TRX ay nanatiling mahusay na bid at nagawang umakyat sa itaas ng $0.0688 na sona.  It traded above the $0.0692 and $0.0695 levels to move further into a positive zone. Besides, there was a break above a key bearish trend line with resistance near $0.0695 a major bullish trend line forming with

2023-05-17Industriya

Top Trader Predicts Rallies for Ethereum and Broader Altcoin Markets – But There’s a Catch

crypto Ethereum  Ang Nangungunang Mangangalakal ay Hinulaan ang Mga Rali para sa Ethereum at Mas Malapad na Altcoin Markets – Ngunit May Mahuhuli  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  A closely followed crypto strategist is predicting a burst to the upside for Ethereum (ETH) and the altcoin markets in general.  Pseudonymous analyst Credible tells his 340,600 Twitter followers that he believes Ethereum is gearing up for a strong rally.  Although Credible is currently bullish on ETH, he says that the top altcoin will likely witness a significant retracement after hitting his target.  According to Credible, his view on Ethereum reflects his outlook on the broader altcoin markets.  Looking at the traders chart, he appears to predict an Ethereum surge to above $2,000 before it corrects all the way down to around $1,500.  Sa oras ng pagsulat, ang ETH ay nakikipagkalakalan sa halagang $1,809.  As for Bitcoin (BTC), Credible still holds the contrarian view that the crypto king will likely print fresh all-time highs this year.  Sa oras ng pagsulat, ang Bitcoin ay nakikipagkalakalan sa halagang $26,944.

2023-05-17Ethereum

Ethereum Rises Above $1,700 But Remains Range Bound

The Ethereum price (ETH) has climbed above the $1,700 support level after a price decline on May 11.  Pangmatagalang pagsusuri ng presyo ng Ethereum: bearish  Since the price decline on May 11, the largest altcoin has fluctuated between $1,700 and $1,880. At the time of writing, the Ether price is hovering around $1,807. The upside momentum will encounter resistance near the $1,880 high or the moving average lines. Ether price will resume its uptrend if it rises above the moving average lines. Buyers have maintained the current downside support. The extended end of the May 12 candle indicates active buying at reduced prices. The trend within the trading range will continue until Ether experiences a price recovery or breakout in the meantime.  Pagsusuri ng mga tagapagpahiwatig ng Ethereum  On the Relative Strength Index for period 14, the largest altcoin is at level 43. The RSI has not moved due to the consolidation above the support at $1,700. The price bars are currently below the moving average lines as Ether fluctuates in a range. Ether is moving up above the daily stochastic level of 80. The altcoin has moved into the overbought zone of the market and could fall.  Teknikal tagapagpahiwatig:  Mga antas ng pangunahing paglaban -

2023-05-16Ethereum

Ethereum yields set to skyrocket in new crypto cycle – Cryptopolitan

crypto Ethereum  Ethereum yields set to skyrocket in new crypto cycle – Cryptopolitan  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  As the world grapples with the relentless squeeze on traditional banking yields, the digital universe presents an enticing alternative. Ethereum, a leading player in the cryptosphere, is set to witness a surge in yields, attracting attention from investors worldwide.  The persistent pressure on zero-yield bank deposits shows no signs of abating. As a result, Ethereum yields are poised to become the new attractive destination for investors. Currently, investors are fleeing bank deposits for U.S. Treasury money markets.  However, as the Ethereum yield economy becomes more mainstream, analysts Gautam Chhugani and Manas Agrawal of Bernstein predict an upswing in demand for ETH deposits and ETH yields.  The duo emphasizes that in the “hierarchy of yields,” money market yields, particularly at peak rates, are typically the preferred choice for investors. However, these yields are denominated in U.S. dollars, a fiat currency base.  By contrast, Ethereum provides an innovative alternative with its yield denominated in ETH, a deflationary cryptocurrency, thus offering investors a potential safeguard against fiat currency depreciation.  A critical component driving ETH yields is the increasing activity within the Ethereum ecosystem. Retail and institutional investors alike are contributing

2023-05-16Ethereum

Declining euro value of Bitcoin and Ethereum

Bitcoin Ethereum  Declining euro value of Bitcoin and Ethereum  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Although the euro has depreciated slightly against the dollar in recent weeks, this has not affected the value of Bitcoin and Ethereum.  In fact, the value of euro prices of the two major cryptocurrencies are still down, despite the slight devaluation of the euro.  The bulk of fiat currency trading in the crypto markets takes place in dollars, so it is generally preferred to take the dollar price of cryptocurrencies as a reference point.  When exchange rates between other fiat currencies and US dollars are stable, the trend is also quite similar for euro prices, but sometimes exchange rates vary and also impact fiat currency cryptocurrency prices.  At the beginning of May, the euro was back above $1.1, which is a level it had recovered around mid-April, and between ups and downs had managed to hold for about four weeks.  But starting on 9 May it fell below $1.1, until it touched $1.085 on Friday.  From then until today it has still not managed to get back above $1.09.  This is a very small devaluation of only 2%, but significant because it happened relatively quickly for the fiat currency market.  It is worth noting

2023-05-16Ethereum

Lido Staked Ethereum Withdrawals Stressed Crypto Market, LDO Price Jumps 10%

crypto Ethereum  Lido Staked Ethereum Withdrawals Stressed Crypto Market, LDO Price Tumalon ng 10%  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The largest Ethereum staking protocol Lido enabled staked Ethereum withdrawals as the Lido V2 upgrade officially went live on the Ethereum mainnet late Monday. Lido V2 upgrade primarily improves the Ethereum staking experience while increasing decentralization and unstake stETH to withdraw Ethereum (ETH) at a 1:1 ratio.  Users can unstake their stETH or wstETH through withdrawals on Lido directly without any fee. After unstaking stETH, they will receive ETH at a 1:1 ratio. The withdrawal process will take 1 to 5 days under normal circumstances. Currently, the waiting time is 1 to 2 days.  Staked Ethereum Withdrawals from Lido  After the Ethereum Shanghai mainnet upgrade on April 12, Lido didnt enable withdrawals as it was undergoing audits. Lido said it will enable Ethereum withdrawals by May end.  Data from Parsec, the average ETH withdrawal from Lido was 200 ETH in the early hours of enabling withdrawals. On Tuesday, Ethereum withdrawals jumped significantly higher and recorded 3400 ETH worth over $6 million in just an hour during Asias morning hours.  Mga withdrawal ng ETH sa Lido. Pinagmulan: Parsec  Beleaguered crypto firms such as Three Arrows Capital (3AC) and

2023-05-16Ethereum

Ang Pagbawi ng Presyo ng Ethereum ay Maaaring Malapit nang Mahina Kung Nabigo ang ETH na Malampasan ang $1,850

Ethereum is currently facing a strong barrier near the $1,850 resistance zone.  Ang presyo ay kinakalakal sa ibaba $1,820 at ang 100-oras na Simple Moving Average.  Mayroong isang pangunahing pagtaas ng channel na bumubuo sa suporta na malapit sa $ 1,800 sa oras-oras na tsart ng ETH / USD (feed ng data sa pamamagitan ng Kraken).  The pair could start a steady decline if there is a clear move below the $1,800 support.  Ethereum Price Faces Uphill Task  Ethereums price started a decent upward move from the $1,750 support zone. ETH climbed higher above the $1,800 and $1,820 resistance levels, similar to Bitcoin.  However, the bears were active near the $1,840 and $1,850 resistance levels. A high is formed near $1,847 and the price is now moving lower. There was a drop below the $1,825 and $1,820 levels. The price declined below the 50% Fib retracement level of the upward move from the $1,785 swing low to the $1,847 high.  Ether price is now trading below $1,820 and the 100-hourly Simple Moving Average. There is also a key rising channel forming with support near $1,800 on the hourly chart of ETH/USD.  Pinagmulan: ETHUSD sa TradingView.com  Immediate resistance is near the $1,820 level or the 100 hourly SMA. The next

2023-05-16Ethereum

US Senators Reintroduce Accountability for Cryptocurrency in El Salvador (ACES) Act – News Bitcoin News

Bitcoin  US Senators Reintroduce ‘Accountability for Cryptocurrency in El Salvador (ACES) Act’ – News Bitcoin News  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  U.S. Senators Jim Risch and Bob Menendez have reintroduced the “Accountability for Cryptocurrency in El Salvador Act,” known as the “ACES Act,” for discussion in the Senate. The piece of legislation seeks to examine the level of adoption of bitcoin as a legal tender in El Salvador and how this might affect the financial stability of the country.  ‘Accountability for Cryptocurrency in El Salvador (ACES) Act’ Reintroduced in U.S. Senate  U.S. Senators Jim Risch and Bob Menendez have reintroduced the “Accountability for Cryptocurrency in El Salvador Act,” also known as the “ACES Act,” to be discussed in the U.S. Senate. The piece of legislation, that was previously presented to Congress on March 23, 2022, seeks to examine the process applied to make bitcoin legal tender in El Salvador, as well as its effect on the economy of the country.  When reintroducing the ACES Act, U.S. Senator Jim Risch reinforced the perceived need to assess the possible effects of using crypto as legal tender. He stated:  We must seek greater clarity on how the adoption of bitcoin as legal tender may impact El Salvador‘s

2023-05-16Industriya
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