Time for Uniswap to upgrade? Looking at all sides of the coin amidst rising rivalry

Uniswap [UNI] was enjoying the top spot in the DEX sector for quite some time. After the FTX collapse, many users flocked to decentralized exchanges as they began to lose their faith in centralized exchanges.  Makatotohanan o hindi, narito ang market cap ng UNI sa mga tuntunin ng BTC  Copycats at bay  Uniswap capitalized on this interest and captured 67% of the DEX ibahagi ang market. However, this dominance of Uniswap could come under threat as Uniswap lost its v3 license.  Initially, before launching V3, Uniswap was operating under a Business Source License (BSL). The agreement involved the implementation of copyright laws, granting Uniswap the ability to limit the unauthorized commercial use of its source code for two years.  Pinagmulan: Delphi Digital  In contrast, Uniswap‘s V2 was launched under the General Public License (GPL) which allowed anyone to clone Uniswap’s source code. This affected Uniswap greatly as one of DEXs competitors, SushiSwap [SUSHI] took advantage of this and cloned the protocol code to a large extent.  SushiSwap took away a large amount of Uniswaps liquidity and attracted new users. This phenomenon is also known as a “vampire attack.”  To prevent future vampire attacks, Uniswap started to operate under the BSL. However, the contract was only for two years.

2023-04-17Industriya

Bitcoin, Ether are ‘like gold’ says Cathie Wood, but Ray Dalio is skeptical

Recent turmoil in the banking sector has shown that Bitcoin (BTC) and Ether (ETH) can withstand a shaky economy, outperform other asset classes and function like gold, says ARK Invest chief executive Cathie Wood — though one long-time investor still isnt sold.  Wood explained in an April 15 interview that Bitcoins resilience throughout the most recent banking crisis has been “the most remarkable” of all indicators her tech-focused investment management firm is monitoring.  Bitcoin and Ether are now acting as “risk-off” assets and as a “flight to safety” for investors amid macroeconomic uncertainty, she claimed:  “They‘re going to disrupt the traditional world order. What are Bitcoin and Ether doing? I mean by the very fact that they’re being considered flight to safety like gold, thats really interesting and suggests much broader-based adoption and acceptance than I think most people understand.”  “We would say that there is a flight to safety, certainly led by crypto assets, and it is telling us that the world is transforming and will continue to transform. You cannot stop innovation,” she added.  Why have bitcoin and other crypto assets appreciated during this banking crisis? In our view and in contrast to those in the traditional financial world, many crypto assets face

2023-04-17Industriya

What banking turmoil could mean for business and consumer lending activity

Stocks climbed last week, with the Sikaapat na batas ng paggalaw ni Warren Buffett ????  Noong unang panahon, binigyan tayo ni Sir Isaac Newton ng tatlong batas ng paggalaw, na gawa ng henyo. Ngunit ang mga talento ni Sir Isaac ay hindi umabot sa pamumuhunan: Nawalan siya ng isang bundle sa South Sea Bubble, na ipinaliwanag sa bandang huli, “Maaari kong kalkulahin ang paggalaw ng mga bituin, ngunit hindi ang kabaliwan ng mga tao.” Kung hindi siya na-trauma sa pagkawalang ito, malamang na nadiskubre ni Sir Isaac ang Ikaapat na Batas ng Paggalaw:  Ang nakaraang pagganap ay hindi garantiya ng mga resulta sa hinaharap, naka-chart ????  Nalaman ng S&P Dow Jones Indices na ang mga pondo ay natalo sa kanilang benchmark sa isang partikular na taon ay bihirang makapagpatuloy sa pag-outperform sa mga susunod na taon. Ayon sa kanilang pagsasaliksik, 29% ng 791 malalaking-cap equity funds na tumalo sa S&P 500 noong 2019. Sa mga pondong iyon, 75% ang natalo muli sa benchmark noong 2020. Ngunit 9.1% lamang, o 21 na pondo, ang nakapagpalawig ng outperformance na iyon. streak sa 2021.  Ipinapakita ng isang istatistika kung gaano kahirap pumili ng mga stock na nangunguna sa merkado ????  Ang pagpili ng mga stock sa pagtatangkang talunin

2023-04-17Industriya

Ethereum Name Service Price Prediction for Today, April 16: ENS/USD Settles Above $15.0

Ethereum  Prediksiyon ng Presyo ng Serbisyo ng Pangalan ng Ethereum para sa Ngayon, Abril 16: Ang ENS/USD ay Naayos sa Itaas sa $15.0  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Sumali sa aming Telegrama channel upang manatiling napapanahon sa breaking news coverage  The Ethereum Name Service price prediction is currently pushing the coin above the $15.0 resistance but still falls at the $15.40 level.  Mga Istatistika ng Presyo ng Ethereum Name Service (ENS):  Presyo ng ENS ngayon – $14.75  ENS market cap -$298.2 milyon  ENS circulating supply – 20.2 milyon  Kabuuang suplay ng ENS – 100 milyon  Ranggo ng Coinmarketcap – #134  ENS/USD Market  Key Levels:  Mga antas ng paglaban: $ 17.5, $ 18.0, $ 18.5  Mga antas ng suporta: $ 11.5, $ 11.0, $ 10.5  ENSUSD – Pang-araw-araw na Tsart  ENS/USD begins another increase today as the price rises above the 9-day and 21-day moving averages. However, it is likely for the crypto to accelerate higher if it breaks the $16.0 resistance level. For the past few days, Ethereum Name Service has been hovering above the moving averages and any bullish cross above the upper boundary of the channel could place the ENS price on a recovery trajectory.  Ethereum Name Service Price Prediction: How Far Can ENS/USD Go?  At the time of writing, the Ethereum Name

2023-04-17Ethereum

ETH Makes Price Gain, Institutional Investors Expected To Flood In ⋆ ZyCrypto

Ethereum  Nakuha ng ETH ang Presyo, Inaasahang Babaha ang mga Institusyonal na Mamumuhunan ⋆ ZyCrypto  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  ETH has soared over 6% since implementing the Shanghai update on Wednesday, trading at $2,121.  Staking pools and exchanges roll out directives to guide users on how and when to expect their rewards locked in their platforms.  The update brings more liquidity to investment, an attractive requirement for conservative institutional investors who need unrestricted access to their funds.  Top digital assets continue their blistering run this year as they recover sharp losses recorded from the unfortunate events of last year.  Ethereum (ETH) recorded a sharp gain barely 24 hours after implementing the Shanghai upgrade. The market-leading altcoin is up by 14% this week, currently exchanging hands at $2,121 at press time and looks on course to break $2,500 if the good tide continues.  Minutes after the Shanghai update went live, ETH traded steadily with slight gains amidst widespread fears that a similar post-Merge loss would occur. The update, which allows users to withdraw their staked asset from the platform, could lead to a slight dip in price, as some predicted. This is due to the fact that users will want to take out their assets

2023-04-17Ethereum

$1B staked ETH withdrawn in 24hrs as round 2 begins

Ethereum  Na-withdraw ang $1B staked ETH sa loob ng 24 na oras sa pagsisimula ng round 2  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  According to on-chain data, the net value of Ethereum removed from staking has surpassed $1 billion in value over the past 24 hours, yet again showcasing the networks ability to perform live network-wide updates without issue.  ETH withdrawals in action  A total of $1.7 billion has been withdrawn since the Shanghai and Capella upgrades went live. However, as round 2 of withdrawals began, the value of Ethereum withdrawn increased. Round 1 took 4.14 days to complete as validators in the queue were processed.  18,442,455 ETH is currently staked, with a value of $38.5 billion as of press time. As a result,  staked ETH makes up 15.32% of the total supply, with 33% staked with Lido.  With withdrawals now open, investors have been withdrawing their initial capital and the earned rewards. Staked Ethereum earns interest over time, and when a validator earns over 32 ETH through rewards, the excess amount does not add to their principal. Instead, it gets withdrawn automatically as a reward payment every few days.  The chart below shows the vast difference between deposits and withdrawals (rewards and principal funds) since the

2023-04-16Ethereum

$598 million worth of ETH stuck in the network - Upgrades needed to withdraw

Ethereum  $598 million worth of ETH stuck in the network – Upgrades needed to withdraw  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Sumali sa aming Telegrama channel upang manatiling napapanahon sa breaking news coverage  Ethereum developers executions of the Shapella upgrade show the world that the key parts of $252 billion could be swapped amidst transaction. This amazing feat is second only to the merge upgrade.  But that is not the case for the 18.5% of Ethereum network validators who are missing their correct credentials.  Nansen analytics drew data stating that Shapella‘s benefits are yet to reach 106,219 validators who are holding 284, 286 Ethereum. In terms of today’s prices, that amounts to $596 million (1 ETH is $2091 at press time)that cant be withdrawn from the system.  Credentials updates are required to initial the withdrawals.  Updating the Credentials is a Lengthy process  While automatic, the update process is enabled by the network scan, which adds extra wait time for anyone who is relying on the non-updated nodes.  Investment firm Galaxy stated that it might take about 100 hours for the network to run an update on the withdrawal credentials for an entire validator set.  That equates to about four days. While not long, this delay can bring bearish sentiment,

2023-04-16Ethereum

FTX considers reboot, Ethereums fork goes live and OpenAI news

Ethereum  Isinasaalang-alang ng FTX ang pag-reboot, ang tinidor ng Ethereum ay magiging live at ang OpenAI na balita  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Nangungunang Mga Kwento ng Linggo na itoAng Shapella hard fork ng Ethereum ay pinaandar sa mainnet  The Ethereum blockchain‘s mainnet, also referred to as the Beacon Chain, implemented the Shapella hard fork on April 12. The upgrade made fund withdrawals possible for those who have staked the network’s Ether (ETH) asset. Within the first hour of the hard fork, a total of 12,859 Ether were unlocked in 4,333 withdrawals, according to Ethereum block explorer beaconchai.in. Nearly a day after the upgrade, ETH surpassed the $2,000 price point.  Nakabawi ang FTX ng $7.3B sa mga asset, isasaalang-alang ang pag-reboot ng palitan  A comeback for FTX is on the table, according to the legal team of the bankrupted crypto exchange. In an April 12 hearing, FTX‘s lawyers said the company had already recovered about $7.3 billion in liquid assets and was considering restarting its crypto exchange operations in the second quarter of 2024, suggesting a reboot as early as April. After the news broke, FTX token (FTT) surged over 112%. Meanwhile in Europe, a Swiss court approved the sale of the firm’s

2023-04-16Ethereum

Recent Data Shows There Is a New ATH for ETH Addresses in Profit

Ethereum  Ipinapakita ng Kamakailang Data May Bagong ATH para sa Mga ETH Address sa Kita  Glassnode tweeted that the number of ETH addresses in profit (7d MA) has reached a new ATH.  The tweet was made after the successful launch of ETHs Shapella Fork.  ETHs price is currently trading at $2,107.05 after a 0.33% drop in the last 24 hours.  The blockchain tracking firm, glassnode alerts (@glassnodealerts), tweeted this morning that the number of Ethereum (ETH) addresses in profit (7d MA) just reached an all-time high (ATH) of 67,747,106.744. The tweet follows the recent deployment of the “Shapella fork”.  At press time, the altcoin leader‘s price stands above the psychological $2k mark at $2,107.05 according to CoinMarketCap. This comes after the altcoin’s price dropped around 0.33% over the last 24 hours. Nevertheless, ETHs weekly price performance remains in the green at +12.49%.  ETH was able to strengthen against the crypto market leader, Bitcoin (BTC), by 0.83% in the past day. As a result, 1 ETH is worth approximately 0.06919 BTC at press time. ETH is also trading near its 24-hour high of $2,120.59, with its daily low sitting at around $2,049.08.  The daily chart for ETH/USDT shows that ETH‘s price is currently trading above the 9 and 20

2023-04-15Ethereum

Will Ethereum Hit $4000 In 2023? This DeFi Token Will Still Outperform ETH And Provide 10x More Gains

Ethereum  Maaabot ba ng Ethereum ang $4000 Sa 2023? Malalampasan Pa rin ng DeFi Token na ito ang ETH At Magbibigay ng 10x Higit pang Mga Nadagdag  As the cryptocurrency market continues to grow and mature, investors are constantly seeking out new investment opportunities that have the potential to generate significant returns. Ethereum (ETH) has long been considered one of the most promising cryptocurrencies, with its value increasing steadily.  However, there is a new DeFi token that is emerging as a potential challenger to Ethereums dominance – RenQ Finance (RENQ). In this article, we will examine whether Ethereum will hit $4000 in 2023 and why RenQ Finance is likely to outperform ETH and provide 10x more gains.  Ethereums Potential in 2023  Ethereum has been one of the most significant cryptocurrencies in the market since its launch in 2015. In recent years, it has established itself as a significant player in the DeFi space, with its blockchain technology facilitating the development of decentralized applications and smart contracts. The cryptocurrency has also benefited from its position as the second-largest cryptocurrency by market capitalization, with many investors seeing it as a safer and more stable investment option compared to smaller altcoins.However, the question remains: will Ethereum hit $4000

2023-04-15Ethereum
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