Ethereums pending withdrawals top $3 billion after bullish event, Shapella

Ethereum  Ang mga nakabinbing withdrawal ng Ethereum ay nangunguna sa $3 bilyon pagkatapos ng bullish na kaganapan, Shapella  Ethereum‘s total pending withdrawals — the amount of ether confirmed to withdraw, including rewards — has surpassed $3 billion following the network’s high-profile Shapella upgrade.  1.48 million ether, worth $3.10 billion, is currently pending withdrawal, according to data-tracking website token.unlocks.  The estimated amount of ether dollar value available to users daily is $1.07 billion, with an estimated 257,340 ether ($536.95 million) estimated to be withdrawn over the next 11 hours.  Alongside a growing withdrawal queue, the price of ether has — against the expectations of some analysts and short sellers — increased following Shapella‘s implementation. Ethereum’s native coin is currently changing hands just below $2100.  Magkano ether ang nakataya pa?  The total amount of ether currently staked, excluding earned rewards, amounts to 17.23 million coins — worth $35.95 billion — and accounts for 15.34% of the total supply.  The net staking balance from yesterday — calculated by subtracting the total amount of ether withdrawn from the amount of ether deposited — is roughly -103,600 ETH (-$204.04 million). Approximately 201,840 ether has been withdrawn, while roughly 98,240 ether has been deposited.  The net staking balance since the Shanghai hard fork is a

2023-04-15Ethereum

Crypto Exchange Exploited In Hack: 200B SHIB Stolen Alongside ETH, MATIC

crypto Ethereum  Crypto Exchange na Pinagsamantalahan Sa Hack: 200B SHIB na Ninakaw Kasama ng ETH, MATIC  Bitrue experienced a brief exploit in one of their hot wallets, leading to a $23M loss.  Bitrue assures users that the rest of their wallets are secure and will compensate affected users in full.  Bitrue will temporarily suspend all withdrawals and emphasizes its commitment to transparency throughout the process.  Bitrue has released a statement via Twitter regarding a brief exploit that was identified in one of their hot wallets on April 14, 2023, at 07:18 (UTC). It claims that it was able to quickly address the matter and prevent any further exploitation of funds. The company has stated that it is taking the situation seriously and are currently investigating the incident.  1/4: Natukoy namin ang isang maikling pagsasamantala sa isa sa aming maiinit na pitaka noong 07:18 (UTC), 14 Abril 2023. Mabilis naming natugunan ang bagay na ito at napigilan ang karagdagang pagsasamantala sa mga pondo. Sineseryoso namin ang bagay na ito at kasalukuyang sinisiyasat ang sitwasyon. pic.twitter.com/QioPHSB2DM  - Bitrue (@BitrueOfficial) Abril 14, 2023  According to the tweets, the attackers were successful in withdrawing assets worth around 23 million USD in cryptocurrencies such as ETH, QNT, GALA, SHIB, HOT, and MATIC.  Moreover, the

2023-04-15Ethereum

ROSE Price Analysis: Will ROSE Price take a bearish reversal?

The ROSE price is currently trading at $0.0629 while seeing a change of 14.26% in 24-hour trading volume.  The ROSE price has been observing an increase of 5% in the last 24 hours.  The ROSE price is currently trading within a sideways range below 200 EMA. Both buyers and sellers are at present attempting to take control of the market. The direction of the trend that the ROSE price can make will be decided by the breakout of the current consolidation pattern. Although the price at present is facing severe resistance in the form of 200 EMA while it is taking support from the 100 EMA.  The price of ROSE will require fierce buyer support in order to make a bullish breakout. On the contrary ROSE price is under a strong selling pressure which is being supported by the critical resistance from the 200 EMA. Hence the buyers may have to make significant attempts before making a positive breakout.  Rose price trading within a range under 200 EMA   Source: ROSE/USDT by TradingView  In the previous analysis, analysts predicted that price can make a bearish correction. According to it, the ROSE price was making a bearish pattern indicating a trend reversal. RSI oscillator was also supporting

2023-04-15Industriya

Ethereums latest Shanghai update Reveals Ethereums Transaction Limitations

Sumali sa aming Telegrama channel upang manatiling napapanahon sa breaking news coverage  Ethereum‘s latest Shanghai update has caused some inconvenience for cryptocurrency investors eager to withdraw their funds. This has brought attention to the limitations of Ethereum’s transaction processing capabilities.  Ethereums Upgrade: $30 Billion Locked Up, Potential Limitations Revealed  The upgrade was anticipated to unlock a massive amount of ether, over $30 billion in fact, but due to the staking process, investors had to wait for the upgrade to complete before withdrawing their funds. There is a backlog of around $1.4 billion worth of ether stuck in a withdrawal queue currently, shedding light on the potential limitations of Ethereum as a widely-used financial infrastructure.  The excessive load on the network has been due to an overwhelming amount of transactions, more than the network could handle. These limitations were placed as a security measure, to prevent any illicit activities on the network.  Martin Lee, an analyst, noted that removing these limits could leave the Ethereum network vulnerable to attacks. The ongoing delays highlight the challenges that Ethereum has faced in gaining widespread adoption in traditional payments, finance, and commerce, despite its popularity in niche areas like decentralized finance and NFTs.  Binance, the biggest cryptocurrency exchange, has informed

2023-04-15Ethereum

Shapella Removes Risk, Invites More Ethereum Staking

Ethereum  Shapella Removes Risk, Invites More Ethereum Staking  12 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Alex Dovbnya  During recent appearance on Laura Shin‘s ’Unchained‘ podcast, Tim Beiko discussed positive impact of Ethereum’s Shapella upgrade on network, emphasizing how it ‘de-risks’ staking and promotes decentralization  During his recent appearance on Laura Shin‘s “Unchained” podcast, Tim Beiko tinalakay the impact of Ethereum’s Shapella upgrade on the networks decentralization and validator staking.  Beiko highlighted that the upgrade significantly “de-risks” staking for Ethereum since validators can now withdraw their stakes from the Beacon chain.  This development not only proves that withdrawals are possible but also reduces the commitment validators have to make, allowing them to try staking with more confidence and ease.  Beiko went on to explain how the Shapella upgrade may encourage a reshuffling of staking providers. Validators may choose to move from centralized exchanges to liquid staking projects or try out solo staking since the ease of withdrawal reduces potential risks.  The upgrade also allows validators to accrue rewards directly on their validators, which were previously inaccessible on the Beacon chain.  Furthermore, Beiko expressed hope that the upgrade would lead to more solo stakers joining the network. With improved guides and support for setting up validators, the Shapella upgrade has made

2023-04-15Ethereum

BTC, ETH, XRP, BNB, DOGE, and SOL – Cryptopolitan

Bitcoin Ethereum  BTC, ETH, XRP, BNB, DOGE, at SOL – Cryptopolitan  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Weekly crypto price analysis shows that most of the coins have been trading close to their upper resistance levels, which indicates the possibility of a bullish breakout. Bitcoin has been ranging between $28,500-30,000 for the past few days and is currently trading near the higher end of its range. On 11 April, the asset reached an all-time high of $30,000, which was the highest price point since June 2022.  Heatmap ng presyo ng Cryptocurrencies: Coin360  The second-largest asset, Ethereum, has been holding strongly above $1,900 for the past few days, but today ETH has hit $2,100, which is the highest price point of the week. The asset has been experiencing strong buying pressure due to the increasing DeFi interest and a surge in institutional investments. ETH is expected to break this level soon as the trend line suggests a bullish breakout in the coming weeks.  XRP has been trading around $0.50-0.52 level with positive momentum. The coin is expected to break the resistance level of $0.5438 in the near term. Binance Coin (BNB) and Dogecoin (DOGE) have also maintained their bullish momentum this week, with BNB holding

2023-04-14Ethereum

DigiToads (TOADS), Ethereum (ETH), Binance Coin (BNB) Price Projections April 2023

crypto Ethereum  DigiToads (TOADS), Ethereum (ETH), Binance Coin (BNB) Price Projections April 2023  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  As the crypto market gears up for what appears to be a bullish season, excitement is palpable among traders and enthusiasts alike. Established and new altcoins are gaining traction, driven by their real-world use cases and innovative solutions. After enduring the recent downturn, many traders are reaping modest profits and eagerly anticipating greater returns in forthcoming bull runs.  In this piece, we will delve into price projections for three of the most buzzworthy cryptocurrencies currently dominating the market: Ethereum (ETH), Binance Coin (BNB), and DigiToads (TOADS).  Outlook ng Presyo ng Ethereum  Ethereum, one of the most dominant forces in the altcoin market besides Bitcoin, often leads the charge regarding price uptrends. Currently trading at around $1900, its highest level in six months, Ethereum‘s performance could significantly impact numerous other altcoins. However, an upcoming upgrade presents potential challenges to Ethereum’s price action.  Developers have announced the Shanghai Upgrade, which will make all 16 million staked ETH available for withdrawal. This could lead to considerable sell pressure, potentially dampening ETHs price growth.  Nonetheless, considering the overall bullish trend emerging in the DeFi market, it seems more likely that Ethereum,

2023-04-14Ethereum

Whales Are Accumulating Ethereum (ETH), PancakeSwap (CAKE), and Uwerx (WERX)

Ethereum  Whales Are Accumulating Ethereum (ETH), PancakeSwap (CAKE), and Uwerx (WERX)  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Whales understand market cycles better than average investors. Whales know that the bear market represents the best time to buy assets. On-chain data shows that whales have been busy scooping up discounted projects and have specifically targeted three projects: Ethereum (ETH), PancakeSwap (CAKE), and Uwerx. Why have whales been buying these projects en masse?  Ethereum (ETH)  Ethereum (ETH) is an established blue-chip project representing a natural target for whales. Ethereum (ETH) has occupied the second spot for years, and many believe that Ethereum (ETH) will retain this position. Whales believe buying Ethereum (ETH) at its current price will be profitably long-term. Ethereums (ETH) transition to proof of stake cut the issuance of Ethereum (ETH) to miners drastically and combined with EIP-1559, Ethereum (ETH) has totally different tokenomics. This newer deflationary approach certainly seems popular amongst whales.  Pancake Swap (CAKE)  Anonymous developers launched PancakeSwap (CAKE) in 2020, and PancakeSwap (CAKE) rapidly became one of DeFis most popular decentralized exchanges (DEXs). PancakeSwap (CAKE) provides hundreds of opportunities for investors to earn passive income through yield farming.  Despite a depressed valuation of PancakeSwap (CAKE), many whales are buying and locking the token

2023-04-14Ethereum

Ethereum price surpasses $2,100 following the Shapella upgrade 

Ethereum  Ethereum price surpasses $2,100 following the Shapella upgrade  28 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  magbahagi  The price of ether (ETH) has surpassed the $2,100 region for the first time in many months. Ethereums Shapella upgrade went live on April 12, enabling over $1 billion worth of staked ETH withdrawals, yet the price of ether continues to scream higher.  After several months of planning, the much-anticipated Ethereum Shapella upgrade successfully went live on April 12, ushering in various network improvements while enabling the withdrawal of staked ETH.  Despite initial fears that enabling withdrawals of ETH tokens locked up in the chain since the last merge event that marked the transition of Vitalik Buterin‘s Ethereum into a proof-of-stake (PoS)-based blockchain would trigger a massive crash in the price of the world’s second-largest cryptocurrency, the reverse has been the case.  ethereum (ETH) 24-hour chart. Source| CoinGecko  While the global banking crisis has triggered a solid bullish momentum across the crypto markets since last month, ETH has emerged as one of the standout performers this month, with a price increase of 23.5% in the past 30 days.  When filing this report, ether (ETH) is exchanging hands for $2,110, representing a 6.7% increase in the last 24 hours. However, despite the

2023-04-14Ethereum

Top Crypto Trader Says One Ethereum-Based Altcoin To Explode 200–300%, Updates Outlook on Dogecoin and Solana

crypto Ethereum  Top Crypto Trader Says One Ethereum-Based Altcoin To Explode 200–300%, Updates Outlook on Dogecoin and Solana  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  A pseudonymous crypto trader says one Ethereum (ETH)-based altcoin is poised for an explosive surge while updating his outlook on Dogecoin (DOGE) and Solana (SOL).  Altcoin Sherpa tells his 10,900 YouTube subscribers in a new strategy session that the decentralized oracle network Chainlink (LINK) could shoot up by as much as 300% from its current price range of $7.61.  He says LINK has remained in an accumulation phase for nearly a year and at some point will make a break to the upside. However, he says it may take months.  Next, the trader predicts DOGE will see continued surges and retraces, such as what occurred earlier this month when tech billionaire Elon Musk switched the Twitter logo with the DOGE logo.  DOGE is worth $0.0886 at time of writing, up 6.2% at time of writing.  Lastly, the crypto trader says Solanas fundamentals appear strong. He predicts a pullback to the low $20s from its current price of $24.75, before breaking higher to around $32.

2023-04-14Ethereum
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