Pinakabagong Balita sa Crypto at Market Updates

Controversial Tiktok Ban Bill Sparks Concerns Among Cryptocurrency and Technology Advocates – Bitcoin News

Bitcoin　　Ang kontrobersyal na Tiktok Ban Bill ay nagdulot ng mga alalahanin sa mga Cryptocurrency at Technology Advocates – Bitcoin News　　20 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Cryptocurrency and technology proponents have recently been discussing a new bipartisan bill called the “Restricting the Emergence of Security Threats that Risk Information and Communications Technology (RESTRICT)” Act. In addition to targeting firms such as Kaspersky, Huawei, and Tiktok, opponents of the bill believe one of its provisions will punish ordinary Americans for leveraging a virtual private network (VPN). However, a spokesperson for Democratic senator Mark Warner insists the “legislation is aimed squarely at companies” and “not at individual users.”　　Concerns Over the RESTRICT Acts Potential Impact on Cryptocurrency and VPN Use　　Since the bill was introduced in March, the RESTRICT Act, sponsored by over a dozen bipartisan politicians and initiated by senator Mark Warner (D-VA), has been the center of controversy. A great deal of attention has been focused on the bill targeting Tiktok, and several reports say the legislation could be used to ban the app in the United States. The act would give the U.S. president and secretary of commerce the ability to regulate technologies that can be tied to nations such as

2023-03-30Bitcoin

Ancient Ethereum (ETH) Whale Wakes up, Withdraws $3.45 Million From Binance

Ethereum　　Ancient Ethereum (ETH) Whale Wakes up, Withdraw $3.45 Million Mula sa Binance　　24 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Arman Shirinyan　　Ethereum whale who was active years ago wakes up during Binance turmoil　　As the cryptocurrency market reacts to the recent CFTC case against Binance, an old Ethereum whale has emerged from dormancy, potentially indicating a shift in investor sentiment. The awakening of this whale has coincided with increased concerns among market participants and a significant outflow of funds from the trading platform. This event raises the possibility of liquidity issues for investors and has placed the spotlight on the activity of large cryptocurrency may hawak.　　An Ethereum address that had been inactive for two and a half years recently withdrew 2,000 ETH, worth approximately $3.45 million, from Binance. Prior to this withdrawal, the address had not made any transactions since Sept. 2, 2020, when it withdrew 1 million USDC from the same platform. The reemergence of this Ethereum whale, alongside the unfolding CFTC case against Binance, has sparked speculation about the potential impact on the cryptocurrencys price performance.　　Ang isang address na natutulog sa loob ng 2.5 taon ay nag-withdraw ng 2,000 $ ETH($3.45M) mula sa #Binance araw na ito.　　Increased activity from whales, or

2023-03-29Ethereum

Liquid staking tokens rally by 15% as Ethereum Shapella upgrade draws near

Ethereum　　Ang mga liquid staking token ay nag-rally ng 15% habang papalapit ang pag-upgrade ng Ethereum Shapella　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Liquid staking is the best-performing crypto sector in the last 24 hours after rallying by more than 15%, according to data.　　According to the data, all seven projects in the space soared by more than 5%, with two of them — Lido (LDO) and Frax Share (FXS) — among the top five gainers for March 29.　　Pinagmulan: CryptoSlate　　Liquid staking derivatives (LSD) platforms have enjoyed renewed interest following news that the highly anticipated Shapella network upgrade — enabling staked Ethereum withdrawals — will activate on April 12 at epoch　　Frax Share leads peers　　Ayon sa data, Frax Shares FXS is the best-performing liquid staking derivatives token over the reporting period — up 19.63%.　　FXS is the governance token of Frax Protocol and has seen its price increase significantly after launching a liquidity staking program late last year.　　Pinagmulan: DeFillama　　The total value of assets locked (TVL) in Frax Ethereum (frxETH) surged 31.49% in the past 30 days to an all-time high of $231 million — equating to 131,970 ETH tokens, according to DeFillama data.　　In February, Blockchain analytical firm Nansen reported that frxETHs supply grew by 70,000

2023-03-29Ethereum

ETH Surges to $1,809, as Bulls mark 3.9 percent gains – Cryptopolitan

Ethereum　　ETH Surges to $1,809, as Bulls mark 3.9 percent gains – Cryptopolitan　　8 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The Ethereum price analysis is bullish today as the price surprisingly took an upward turn, crossing the $1,800 mark. The momentum has been building up in the past few days as ETH saw a consistent increase in its price. The buying pressure has been strong, leading to a bullish wave that pushed ETH to the current level of $1,809.　　Heat map ng presyo ng Cryptocurrency: Coin 360　　The bulls have managed to make a steady climb up to the current level as the support for ETH is present at the $1,730 mark, which was the previous level when the bearish trend was in full force. The current level is a new high for ETH as it saw a 3.9 percent increase in its price in the past 24 hours.　　The one-day Ethereum price analysis confirms an upward trend for the crypto pair, as the bulls have been leading the price chart even today. The past week has proved to be quite favorable for the buyers. Todays trend has yet again proved to be on the supportive side, as the price has increased up to the

2023-03-29Ethereum

Ethereum (ETH) Price on Brink of Major Move

Ethereum　　Presyo ng Ethereum (ETH) sa Bingit ng Major Move　　18 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The Ethereum (ETH) price broke out from an important resistance area and validated it as support. It has almost reached a new yearly high.　　ETH is the native token of the Ethereum blockchain, created by Vitalik Buterin. While it previously used the proof-of-work mechanism, it switched to proof-of-stake after the release of Ethereum 2.0 in September 2022. On March 17, the Ethereum price broke out from the $1,685 resistance area. It returned to validate it as support 10 days later (green icon).　　A similar action transpired in the RSI. The indicator broke out from its bearish divergence trend line (green) and the 50 line. It returned to validate the latter as support ten days later.　　If the increase continues, the ETH price could move to at least $2,000. However, if the price closes below $1,685, it could drop to the 0.5 Fib retracement support level at $1,465.　　Pang-araw-araw na Tsart ng ETH / USD. Pinagmulan: TradingViewLong-Term Ethereum (ETH) Price Outlook Supports Increase　　The technical analysis from the weekly time frame provides a bullish outlook for Ethereum for several reasons.　　The ETH price broke out from a long-term descending resistance line during

2023-03-29Ethereum

Shrinking Ethereum Supply Pushes ETH Price Closer to $2K

Ethereum　　Shrinking Ethereum Supply Pushes ETH Price Closer to $2K　　10 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The Ethereum network has removed nearly 70,000 ETH from circulation since the Merge.　　Shrinking the Ethereum supply has reduced the selling pressure on ETH.　　The shrinking supply of ETH is one of the forces behind the cryptos current price rally.　　Available reports show that the Ethereum network has removed nearly 70,000 ETH from circulation since the last major update, the Merge. That update saw Ethereum transition from a Proof-of-Work (PoW) consensus mechanism to a Proof-of-Stake (PoS) algorithm. This development has reduced the selling pressure on ETH, the second-largest cryptocurrency by market capitalization.　　In the crypto industry, reducing the number of circulating tokens is considered a bullish signal for any asset. It is an idea consistent with the economic principle of demand and supply, where a reduction in supply creates scarcity, which by extension, results in an increase in the demand and value of an asset.　　According to a renowned cryptocurrency analyst popularly known on Twitter as Pentoshi, the shrinking supply of ETH is one of the forces behind the cryptos current price rally. He believes this force could remain intact and push Ethereum to $2,000 soon.　　In a tweet, Pentoshi suggested

2023-03-29Ethereum

Time to buy jpegs? Community responds to upcoming Ethereum withdrawals

Ethereum　　Time to buy ‘jpegs’？ Community responds to upcoming Ethereum withdrawals　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　On March 28, Ethereum core developers confirmed that Shapella will take effect at 10:27 pm UTC on April 12. According to the announcement, Ethereum Improvement Proposal (EIP) 4895 will allow withdrawals after pushing the staked Ether from the Beacon Chain into the Ethereum Virtual Machine (EVM), which is the execution layer. This will allow full and partial withdrawals with some mechanisms set in place to make sure that a flood of ETH will not disrupt the market.　　Many community members were happy with the new update, taking to social media to express their sentiments over the news. One community member sinabi that they had serious doubts in the last two years. According to the Twitter user, they were unsure whether they will be able to ever unstake. However, the community member believes that the new update solidifies the importance of believing in something that is constantly being improved.　　Jesse Pollak also gave praise to the Ethereum developers for being able to push the update within one month of the original timeline. He tweeted:　　The Shapella hard fork which is on its way to be activated on the

2023-03-29Ethereum

Quant Trading Firm Accumulates Nearly $800,000,000 Worth of USCD and Ethereum in One Month: On-Chain Data

Ethereum　　Ang Quant Trading Firm ay Nakaipon ng Halos $800,000,000 Worth ng USCD at Ethereum sa Isang Buwan: On-Chain Data　　59 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　A leading analytics firm reveals that one of the worlds largest market makers has accumulated hundreds of millions of dollars worth of stablecoin USD Coin (USDC) and Ethereum (ETH) in as little as one month.　　Arkham Intelligence shows that quant trading firm Jane Street has over $1.26 billion worth of crypto assets in its portfolio.　　According to the analytics firm, Jane Street had about $470 million worth of crypto assets on February 27th, with Ethereum making most of the market makers portfolio. At the time, Jane Street held $416.84 million worth of ETH, $28.77 million in USDC, $12.21 million worth of the decentralized oracle network Chainlink (LINK) and $5.71 million worth of the decentralized exchange Uniswap (UNI).　　Arkham says that Jane Street has been rapidly growing its crypto stacks over the past month, with massive amounts of USDC and ETH being added to their holding addresses.　　According to the crypto intelligence firm, Jane Street now holds $761.71 million worth of USDC, $476.29 million worth of ETH, $13.36 million worth of LINK and $6.42 million worth of UNI.　　Arkham Intelligence says

2023-03-29Ethereum

Ethereum Devs Confirm April 12 For Shanghai Upgrade

On March 28th, the Ethereum protocol support team posted an update on the mainnet Shapella launch date. They confirmed that the hard fork will occur on April 12, two weeks from today.　　Shapella is the new name for the Shanghai upgrade as it combines changes to the execution layer (Shanghai), the consensus layer (Capella), and the Engine API.　　The date announcement comes after a smooth Goerli testnet transition. Furthermore, bug bounty rewards have been doubled until April 5 for those seeking Shapella vulnerabilities.　　Its happening ????　　Shapella is scheduled on mainnet for epoch 194048, scheduled for 22:27:35 UTC on Apr. 12, 2023 ????　　Client releases compatible with the upgrade are listed in the announcement below 　　— timbeiko.eth ☀️ (@TimBeiko) Marso 28, 2023　　Ethereum Clients Are Ready　　The blog post clarified that the upgrade enables validators to withdraw their stake from the Beacon Chain back to the execution layer.　　“It also introduces new functionality to both the execution and consensus layer,” it added.　　All of the main Ethereum clients, including Lighthouse, Lodestar, Nimbus, Prysm, and Teku, now support the Shapella upgrade.　　EthStaker and Ethereum Cat Herders will be hosting a Shapella viewing party starting shortly before the upgrade goes live so people can follow it in real time.　　There have been concerns

2023-03-29Ethereum

Ethereum Developers Confirm Epoch for Shapella Fork and Mainnet Announcement – Cryptopolitan

Ethereum developers have confirmed the epoch for the Shapella fork and mainnet announcement, according to a blog post on the Ethereum Foundation‘s website on March 28, 2023. The Shapella upgrade is set to improve the network’s scalability, security, and efficiency.　　The Ethereum network has been under pressure to improve its performance and scalability, particularly as demand for decentralized applications (dApps) has increased. The Shapella upgrade is expected to address some of the networks limitations, including high gas fees and slow transaction speeds.　　The Shapella fork and mainnet announcement mark a significant milestone for the Ethereum network. The upgrade is set to introduce several improvements to the network, including increased scalability, security, and efficiency.　　The Shapella upgrade will introduce several changes to the Ethereum network, including a switch from Proof of Work (PoW) to a Proof of Stake (PoS) consensus algorithm. This change is expected to reduce the networks energy consumption and improve its security.　　The upgrade will also introduce several other changes, including improvements to the networks gas fee mechanism, transaction throughput, and storage efficiency. The upgrade is expected to make the network more user-friendly and efficient, allowing developers to build more complex dApps on the network.　　The Shapella upgrade is also expected to impact

2023-03-29Ethereum

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