Pinakabagong Balita sa Crypto at Market Updates

Can Solana (SOL) Outshine Ethereum (ETH)? Expert Weighs In

Solana (SOL), a promising competitor to Ethereum (ETH), has caught the attention of cryptocurrency enthusiasts lately, and many are labeling it as an ‘undervalued asset’.　　In a recent video update, InvestAnswers, a renowned crypto analyst, shed light on Solana‘s potential by highlighting its impressive transaction volume and growing user activity. Despite these positive indicators, SOL’s current market cap remains a fraction of Ethereums value.　　Why the disparity？ When and will Solana ever explode？ Read on!　　Ang Malakas na Batayan ng Solana　　InvestAnswers draws attention to the notable number of daily active addresses on the Solana network, which rivals that of Ethereum. Additionally, Solana‘s network is characterized by high user engagement and a wide array of decentralized applications (DApps). Despite these robust fundamentals, SOL’s market cap currently stands at only 1/25th of Ethereums market cap. This valuation disparity is perplexing to the analyst and highlights the potential irrationality of the market.　　The analyst further contends that Solana‘s market cap should be at least 1/10th that of Ethereum’s market cap. With Ethereums market cap hovering around $227.5 billion, reaching this suggested valuation would entail a significant 3X pump for Solana.　　At present, Solanas market cap stands at $8.1 billion, presenting an intriguing opportunity for potential growth.　　Will Solana break

2023-05-31Ethereum

The latest Ethereum news from Roger Ver

Crypto news: Roger Ver, also known as “Bitcoin Jesus,” said it will be Ethereum (ETH) that will be able to attract the majority of new users, not BTC.　　The second-largest crypto by market cap is leading global crypto adoption, according to Ver.　　Ethereum News: “Bitcoin Jesus” Roger Ver sees ETH as leading the way for mass adoption crypto　　Roger Ver, palayaw na “,” has surprised the public with new claims that he supports Ethereum, not Bitcoin, Dahil ang leader for crypto mass adoption.　　Vers comments come during the very episode of Show Me The Crypto that aired today.　　Basically, Ver talked about the clashes that occurred in Bitcoin‘s early days between Ethereum co-founder Vitalik Buterin and Bitcoin’s core developers.　　From there, the “Bitcoin Jesus” recounted that the willingness to see BTC as a currency or store of value from its supporters, rejected Buterins idea which obviously was developed on the Ethereum blockchain: smart contracts and the Virtual Machine.　　Sa bagay na ito, Ver sinabi:　　Ethereum News: Ver praises ETH and EVM-compatible blockchains　　Sa kanyang praise of Ethereum, Ver actually said the following:　　Not only that, the great supporter of Bitcoin Cash, which he has always referred to as the “real Bitcoin,” also praised EVM-compatible blockchains.　　Other Layer 2 scalability solutions such

2023-05-31Ethereum

Crypto Influencer Twitter Plea Yields $1M of Free Ethereum

Pauly0x, a crypto influencer, collected close to $1 million after asking followers to transfer Ethereum to his yougetnothing.eth wallet.　　The social media personality responded by calling the cryptocurrency sector “an absolute joke” on Twitter.　　Crypto Influencer Asks for ETH, Offers Nothing in Return　　On May 30, Pauly0x made a public address available to the community for receiving Ethereum. It was accompanied by a GIF of the “You Get Nothing!” sequence from Charlie and the Chocolate Factory.　　Pauly reported that the account had received around $80 in Ethereum after the first seven minutes. The tweet had 1.2 million views in one day, which helped the collection climb over $1 million.　　At press time, Etherscan reveals that the wallet balance has over 579 ETH.　　Total ETH in Pauly0x Wallet at press time. Source: Etherscan　　Pauly congratulated the individuals who joined the “million dollar club” today on Twitter, saying they will “literally receive nothing.” “If there is anything you learn from following this account,” he said, “I hope its that you should never take any of these literal A**CLOWNS seriously.”　　The mascot of the infamous PEPE meme coin, Pepe the Frog, was quickly used as a pump by users of the Pepe community in their responses to the statement.　　Several Accounts Transfer

2023-05-31Ethereum

Cardano Outperforms Ethereum in Recent Crypto Development Activity

The data, which considers the frequency of GitHub commits as a barometer of active development, positions Cardano at third place, while Ethereum slips to the tenth spot　　Cardano, the blockchain platform powered by the ADA cryptocurrency, has shown significant strides in development activity, according to data released by Santiment, the cryptocurrency analytics provider.　　The data points towards the frequency of GitHub commits as an indication of active development within various crypto platforms.　　Within this ranking, the two blockchain platforms leading the pack are Kusama and Polkadot. Their position at the top of the chart indicates high development activity and the commitment of their respective teams to continuous improvement.　　Although Cardano‘s third-place position may trail behind these platforms, it is important to note that Cardano’s position above Ethereum, a long-standing leader in the crypto space, is an achievement in itself.　　Cardanos development update for the week of May 26 shows progress across multiple fronts. The core technology team focused on node, networking, and ledger enhancements.　　Wallet services saw the introduction of multi-address wallet imports to the Lace wallet, with the team also laying the groundwork for multi-delegation user interface components. On the smart contract front, the Plutus and Marlowe teams were busy refining tools and implementing features.　　Meanwhile,

2023-05-31Ethereum

Shocking: Alameda County Goes Bankrupt After Receiving $8.3M In Cryptocurrency From OKX!

OKX has sent $8.3 million worth of cryptocurrency assets to Alameda Research in the past seven days through multiple transactions. 　　The transfers, which occurred on May 29, consisted of different cryptocurrencies, including Wrapped Bitcoin (WBTC), Celsius (CEL), Shiba Inu (SHIB), MakerDAO (MKR), Chiliz (CHZ), DAI, Axie Infinity (AXS), Magic Internet Money (MIM), and 19 others. The transfers involving WBTC, DAI, LEO, MIM, and SHIB were the top 5 with the highest monetary values, valued at a total of $4.8 million.　　The exchange initially sent a series of test transactions involving all these assets to Alameda on May 23, with the transactions being worth $10 each. These transactions were intended to return FTX and Alameda‘s frozen funds on the OKX platform. In March, OKX seized $157 million in cryptocurrency assets after FTX collapsed in November 2022. The latest transfers continue OKX’s efforts to return these funds to their rightful owners.　　Meanwhile, Alameda Research is transferring its leftover funds to Coinbase. In the past week, the bankrupt firm has transferred $10 million worth of USDT from its cold wallets to Coinbase Prime and deposited $31.2 million to the U.S.-based exchange. According to Arkham Intelligence, Alameda has transferred more than $250 million to Coinbase over

2023-05-31Industriya

Massive Blockchain Game Illuvium Raises Another $10M From Framework Ventures

Leading DeFi investment firm Framework Ventures has poured another $10 million into the hit game Illuvium.　　It was on May 31 that the co-founder of the RPG series Illuvium, Kieran Warwick, released a statement in the Discord community that he had raised an additional $10 million in funding from Framework Ventures.　　The money raised will accelerate the development of this game. This transaction is completed through a token, which will be locked for two years and will not be included in the commit, so it will not participate in the distribution of benefits.　　Reportedly, Illuvium is an entirely decentralized collectible and role-playing game built on the Immutable X L2 network. Illuvium is about to launch a public beta with three interactive AAA games: Zero (city builder), Overworld (monster world), and Arena (arena).　　Founded last year by Kieran and Aaron Warwick, this RPG has created a game that rewards players with the chance to discover and capture NFT creatures, known as Illuvials, in combat. The game incentivizes players to have a stake in the project, as the Illuvium network allows in-game fees to be paid out to staked token holders as ongoing rewards.　　In March 2021, Illuvium successfully raised $5 million in a seed round led

2023-05-31Industriya

Breaking News: Paxfuls Interim CEO Promises Brighter Future for Crypto Traders!

On May 30th, Paxful announced that Roshan Dharia will be the companys interim CEO. 　　The new CEO will be responsible for enhancing operations and identifying strategic alternatives. Roshan Dharia expressed his excitement about his new role, stating, “I am thrilled to become the CEO of Paxful. I plan to hit the ground running and build on the innovative technology created by the Paxful team.” Roshan previously served as a senior executive at TrustToken, which is well-known for being the creator of TrueUSD (TUSD), the fifth-largest stablecoin in terms of market capitalization.　　Interestingly, the onboarding of the new CEO was not without controversy. The former CEO – Ray Youssef, took to Twitter to criticize the company‘s decision to appoint Roshan. Youssef tweeted, “PF has a new defi CEO…expect a token soon.” It’s worth noting that Ray Youssef has no involvement in Paxfuls business decisions, and he advised users to approach Roshan directly with any concerns.　　Paxful has had some issues in the recent past. Youssef had a disagreement with co-founder Artur Schaback over the use of exchange funds in early 2023. This led to blocked salaries and resignations from certain teams and contractors. Yousseff allegedly shut down Paxful on his own accord when

2023-05-31Industriya

Bitcoin Price Nears Next Key Move, 100 SMA Is The Key

Balita ng Ethereum ng Bitcoin　　Bitcoin is still holding the key $27,500 support zone.　　Ang presyo ay nakikipagkalakalan sa itaas ng $27,550 at ang 100 oras-oras na Simple moving average.　　Mayroong isang pangunahing linya ng bearish trend na bumubuo na may pagtutol na malapit sa $ 27,850 sa oras-oras na tsart ng pares ng BTC USD (feed ng data mula kay Kraken).　　The pair could start a fresh increase if there is a break above the $28,000 resistance zone.　　Ang Presyo ng Bitcoin ay May Suporta　　Bitcoin price started a downside correction after it failed to clear the $28,500 resistance zone. BTC moved below the $28,200 and $28,000 levels.　　There was also a drop below the $27,800 level but the bulls were active near the $27,500 support. A low is formed near $27,559 and the price is now consolidating. There was already a test of the 50% Fib retracement level of the recent decline from the $28,045 swing high to the $27,559 low.　　Bitcoin price is now trading above $27,550 and the 100 hourly Simple moving average. There is also a key bearish trend line forming with resistance near $27,850 on the hourly chart of the BTC/USD pair.　　Immediate resistance on the upside is near the $27,850 level and

2023-05-31Bitcoin

BabyDoge Gets Into Next Level of Advancement, Ensuring User Security

BabyDoge is getting ready to introduce a multi-chain token locker.　　85 token locks have already been created on the live Binance Smart Chain (BSC).　　A multi-chain token locker provides users with flexibility and security.　　The well-known cryptocurrency BabyDoge is getting ready to introduce its eagerly anticipated multi-chain token locker. However, this is an important advancement meant to increase accessibility and convenience for users. The future token locker will enable users to safely lock their tokens and support a number of blockchain networks, including Binance Smart Chain (BSC).　　Multi-Chain Token Locker Introduced by BabyDoge　　The BNB chain is already up and running, and 85 locks have already been made as the enormously good response. This initial accomplishment demonstrates the community‘s confidence in and enthusiasm for BabyDoge’s creative ideas. BabyDoge intends to serve a wider range of customers. However, this makes token locking available to a wider audience by adding support for Ethereum and other chains like Polygon.　　Depending on their individual requirements, customers will have the freedom to select their preferred blockchain network for token locking through the multi-chain token locker. This gives customers a chance to take advantage of the distinctive advantages of each blockchain. Some of the advantages include BSC‘s low fees, Ethereum’s vast acceptance,

2023-05-31Industriya

Bitcoin on-chain and options data hint at a decisive move in BTC price

Bitcoin　　Bitcoin on-chain and options data hint at a decisive move in BTC price　　18 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Bitcoins volatility has dropped to historically low levels thanks to macroeconomic uncertainty and low market liquidity. However, on-chain and options market data allude to incoming volatility in June.　　The Bitcoin Volatility Index, which measures the daily fluctuations in Bitcoin‘s (BTC) price, shows that the 30-day volatility in Bitcoin’s price was 1.52%, which is less than half of the yearly averages across Bitcoins history, with values usually above 4%.　　According to Glassnode, the expectation of volatility is a “logical conclusion” based on the fact that low volatility levels were only seen for 19.3% of Bitcoins price history.　　The latest weekly update from the on-chain analytics firm shows that Glassnodes monthly realized volatility metric for Bitcoin slipped below the lower bounds of the historical Bollinger Band, suggesting an incoming uptick in volatility.　　Long-term Bitcoin holders metric points to a price breakout　　The on-chain transfer volumes of Bitcoin across cryptocurrency exchanges dropped to historically low levels. The price is also trading near short-term holder bias, indicating a “balanced position of profit and loss for new investors” that bought coins during and after the 2021-2022 bull cycle, according to the

2023-05-31Bitcoin

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