Ethereum miner revenue reaches monthly high, but heres the issue

Ethereum  Ang kita ng Ethereum miner ay umaabot sa buwanang mataas, ngunit narito ang isyu  12 / 01 / 2022  Balita ng Ethereum ng Bitcoin  Ethereum network activity has seen significant recovery this week as market conditions improve. This was highlighted in the latest Glassnode report which reveals that miner revenue has achieved a new monthly high.  Basahin Ethereums (ETH) Price Prediction 2022-2023  Ethereum miner revenue is a useful metric not just for assessing mining profitability. It can be used to assess the networks level of utility. Especially if the market is coming from a period of low volume and low demand.  This kind of scenario has been the case in the market, hence the observed increase in miner revenue is magandang balita para sa mga mamumuhunan.  As far as Ethereums network activity is concerned, the number of daily active addresses surged to a monthly high in the last three days. This means the number of ETH transactions soared during the same time and would explain why miner revenue also went up.  The observed increase in transaction volume may indicate accumulation and thus a return of bullish demand. As a result, ETH price action has continued to rally gradually.  It managed to pull off a 9.3% upside in the last

2022-12-01Ethereum

Only Bitcoin Is A Commodity, Not Ethereum

Bitcoin Ethereum  Only Bitcoin Is A Commodity, Not Ethereum  12 / 01 / 2022  Balita ng Ethereum ng Bitcoin  Curiously, the crypto industry was watching Sam Bankman-Frieds (SBF) pakikipanayam at the Dealbook summit a few hours ago.  In the meantime, however, an extremely important shift in regulatory stance has occurred in the question of which other cryptocurrencies are commodities besides Bitcoin.  The U.S. Commodity Futures Trading Commission (CFTC) has been publicly advocating for quite some time that both Bitcoin and Ethereum (ETH) are commodities. However, that regulatory assessment appears to have changed radically yesterday.  Speaking at a crypto event at Princeton University, CFTC chairman Rostin Behnam naglalagay that the only cryptocurrency that should be considered a commodity is Bitcoin. In doing so, he is doing a complete backpedal from previous statements when he implied that Ether is also a commodity.  As Fortune reports, Behnam called the matrix of regulators an “imperfect system,” possibly to justify his new assessment, but praised the cooperation between U.S. regulatory agencies.  CFTC Performs Complete U-Turn With ‘Bitcoin, Not Ethereum’  Remarkably, Behnam expressed a contrary stance as recently as Oct. 24 during a speech for the Rutgers Center for Corporate Law and Governance, as Bitcoinist iniulat.  During the speech, he discussed the perceived jurisdictional tussle between his

2022-12-01Ethereum

Ethereum Pushes for $1.3K But Are the Bulls Back in Town? (ETH Price Analysis)

Ethereum  Ethereum Pushes for $1.3K But Are the Bulls Back in Town? (ETH Price Analysis)  11 / 30 / 2022  Balita ng Ethereum ng Bitcoin  Ethereums price is currently testing a key resistance level. A breakout from this resistance could likely lead to bullish momentum in the short term.  Teknikal na Pagsusuri ng  Sa pamamagitan ng: Edris  Ang Pang-araw-araw na Tsart  On the daily timeframe, the price has rebounded from the $1100 mark but is still entrapped between $1000 and $1250. The $1250 resistance level is currently being handled as the price is seemingly attempting to break it to the upside.  In this case, the 50-day and 200-day moving averages, located around the $1300 and $1500 levels, would be the next targets, followed by the significant $1800 static resistance level.  Conversely, if the price fails to break out and gets rejected to the downside, a decline toward the key $1000 support level would be expected.  The $1000 level, which has previously held the price in June and July on multiple occasions, remains a strong support level. If broken, a further crash would be imminent for ETH.  Pinagmulan: TradingViewAng 4-Oras na Tsart:  On the 4-hour chart, it is evident that the price has been in an uptrend since breaking the descending channel to the

2022-12-01Ethereum

Bitcoin Surges to a 2-Week High, ETH Gains 5% (Market Watch)

Bitcoin Ethereum  Bitcoin Surges to a 2-Week High, ETH Gains 5% (Market Watch)  11 / 30 / 2022  Balita ng Ethereum ng Bitcoin  After several days of sideways trading and dipping toward $16,000, bitcoin finally went on the offensive and tapped $17,000 for the first time in two weeks.  Some altcoins are also well in the green, including a 5% jump from Ethereum, which has pushed it to almost $1,300.  Naantig ng Bitcoin ang $ 17K  After last weeks price drop to a two-year low of $15,500, BTC reacted well and regained $1,000 in a matter of days. Then came the weekend, and, similarly to the previous one, the asset stalled around $16,500.  Monday saw another price drop as bitcoin headed directly toward $16,000. However, the bulls stepped up and defended that level, sending BTC up to $16,500 once more.  The landscape turned green today as the cryptocurrency initiated a leg-up that drove it past $17,000 for the first time in two weeks. As of now, BTC has lost a few hundred dollars and stands just under that level, but therere positive on-chain signs.  As a result, bitcoins market capitalization has jumped above $320 billion. Its dominance over the alts has remained at 38%, which could also be regarded as

2022-11-30Ethereum

Bitcoin, Ethereum Price On A Surge As Crypto Market Recovers

Crypto News Today Live na Mga Update sa Nobyembre at Pinakabagong Balita: (30 Nobyembre 2022) The global digital asset market printed green indexes for two days straight. The cumulative market cap is up by 2% over the past day. It now stands at $852 billion. The 24-hour trading vol stands at $46.44 billion.  2022-11-30T11:40:00+5:30  FTX US Users Will Get 100% Of Their Money Back?  A transcript of SBFs phone interview with Tiffany Fong came out in public. However, the interview reportedly happened five days after FTX filed for bankruptcy on November 11. SBF made several claims over the fund recovery. He said that users of FTX US will get 100% of their money back. Magbasa pa dito..  2022-11-30T11:00:00+5:30  Pagbawi ng Crypto Market Registers  The global digital asset market printed green indexes for two days straight. The cumulative market cap is up by 2% over the past day. It now stands at $852 billion. The 24-hour trading vol stands at $46.44 billion.  Ang ipinakita na nilalaman ay maaaring isama ang personal na opinyon ng may-akda at napapailalim sa kondisyon ng merkado. Gawin ang iyong pananaliksik sa merkado bago mamuhunan sa mga cryptocurrencies. Ang may-akda o publication ay hindi nagtataglay ng anumang responsibilidad para sa iyong personal na pagkawala

2022-11-30Ethereum

Phantom Wallet announces expansion to Ethereum and Polygon

Phantom just posted a Twitter thread announcing their plans to expand their service coverage to Ethereum and Polygon. These recent upgrades follow the networks successful funding round earlier this year.  phantom 刚刚发布了一个 twitter 主题,宣布他们计划将服务范围扩展到以太坊和 polygon。这些最近的升级是在今年早些时候网络成功完成一轮融资之后进行的。  Phantom expanding to Ethereum and Polygon  phantom 扩展到以太坊和 polygon  Phantom is the largest wallet based on the Solana network and focused on Solana-based tokens. The network announced its planned expansions into the Ethereum and Polygon blockchains. Phantom tweeted;  phantom 是基于 solana 网络的最大钱包,专注于基于 solana 的代币。该网络宣布计划扩展到以太坊和多边形区块链。幻影发推文;  “Coming soon: one wallet for everything. Excited to announce we are adding support for @ethereum at @ 0xPolygon! ”  “即将推出:一个钱包可以装一切。很高兴地宣布我们将在@0xpolygon 添加对@ethereum 的支持! ”  Originally, Phantom was launched in 2021 to offer services mainly on Solana. ang wallet provider claims to have over 2 million users a year after inception. However, in their Twitter thread, Phantom claims that at launch, their main goal was “going multichain towards @ethereum. ”  最初,phantom 于 2021 年推出,主要在 solana 上提供服务。 ang 钱包提供商声称在成立后的一年内拥有超过 200 万用户。然而,在他们的 twitter 帖子中,phantom 声称在发布时,他们的主要目标是“走向@ethereum 的多链。 ”  While announcing the new tool, Phantom also nabanggit that their main goal is bringing cohesion to web 3.0. The network also tweeted that their collaboration with the @ 0xPolygon team will help them offer a first-class wallet experience for NFTs, games, and apps powered by Polygon.  在宣布新工具的同时,phantom 还强调他们的主要目标是为 web

2022-11-30Ethereum

Crypto wallet Phantom is expanding to Ethereum and Polygon

crypto Ethereum  Ang Crypto wallet na Phantom ay lumalawak sa Ethereum at Polygon  11 / 29 / 2022  Balita ng Ethereum ng Bitcoin  Crypto wallet Phantom is expanding to the Ethereum and Polygon blockchains — posing a potential threat to the current market leader, MetaMask. The crypto wallet is set to go live in beta within a few weeks, with a public launch to come shortly afterward.  Phantom is the most popular wallet on the Solana blockchain. Created by a bunch of Ethereum developers — who built the 0x decentralized exchange — it became dominant due to its friendly user experience and ability to show NFTs, now counting more than 3 million active users. Its widespread success on Solana is what makes it one of the most potent threats to MetaMasks grip on the market.  “We definitely want to become the most dominant wallet,” said Phantom CEO Brandon Millman in an interview. “I think we really do have what it takes in terms of just being able to taste that amount of scale and understand what it needs and what is required to run a wallet from an operational perspective.”  Phantom‘s path to Ethereum has been a long-time coming. The founding team originally wanted to build a

2022-11-30Ethereum

Umakyat ang ETH ng Higit sa $1,200 Nauna sa Ulat ng Kumpiyansa ng Consumer sa US – Mga Update sa Market Bitcoin News

Bitcoin Ethereum  Umakyat ang ETH ng Higit sa $1,200 Nauna sa Ulat ng Kumpiyansa ng Consumer sa US – Mga Update sa Market Bitcoin News  11 / 29 / 2022  Balita ng Ethereum ng Bitcoin  Ang Ethereum ay tumaas pabalik sa itaas ng $1,200 noong Martes, bago ang paparating na ulat ng kumpiyansa ng consumer mula sa United States. Ang presyo ay kasunod ng isang breakout sa itaas ng isang pangunahing antas ng paglaban na $1,180. Ang Bitcoin ay umakyat din nang mas mataas sa session ngayon, na nagtapos ng limang araw na sunod-sunod na pagkatalo.  Bitcoin  Bitcoin (BTC) naputol ang limang araw na sunod-sunod na pagkatalo noong Martes, habang ang mga presyo ay lumayo mula sa isang kamakailang punto ng suporta.  Kasunod ng mababang $16,054.53 upang simulan ang linggo, BTC/USD ay lumundag sa intraday high na $16,522.26 kaninang araw.  Nakita ng surge na ito na umakyat ang bitcoin mula sa nabanggit na palapag ng presyo nito na $16,175, na naglalaro mula noong unang bahagi ng buwan ng Nobyembre.  BTC/USD – Pang-araw-araw na Tsart  Kung titingnan ang tsart, bagamat tumalon ang mga presyo, ito ay isang pagsubok upang makita kung mapapanatili ang momentum na ito, dahil sa pagbangga ng relative strength index (RSI) sa kisame.  Sa pagsulat, ang index ay lumilipad

2022-11-29Ethereum

More trouble for Grayscale as Ethereum trust plummets

Ethereum  More trouble for Grayscale as Ethereum trust plummets  11 / 29 / 2022  Balita ng Ethereum ng Bitcoin  Grayscale Investments is best known for its Grayscale Bitcoin Trust (GBTC) product, which is currently trading at a steep discount to its assets under management (AUM). But the company has also created a number of other publicly traded products, among them the Grayscale Ethereum Trust (ETHE) which, much like GBTC, provides ether exposure via a trust trading on US over-the-counter (OTC) markets.  Also much like GBTC, ETHE is currently trading at a discount to ether (a 42% discount, to be precise). Its share price has also declined 80% year-to-date, while ether itself has declined 68% in the same timeframe.  The inferior performance of Grayscale‘s Ethereum trust relative to its only asset reflects investors’ uncertainty around the ability to redeem ETHE for ether anytime soon.  lahat Grayscale trusts are currently closed for share redemptions. Investors cant give ETHE to Grayscale to redeem ether and because of this restriction, Grayscale trusts trade at a different price to the assets they possess.  Grayscale isiwalat that Coinbase Custody holds digital assets for Grayscale. ETHE held 3,044,506 ether as of the close of trading on November 28.  Problems with Grayscales ETHE  Ang pagbagsak ng FTX naapektuhan

2022-11-29Ethereum

Ethereum Layer 2 Network Gas Usage Hits Record Highs

Ethereum  Ang Ethereum Layer 2 Network Gas Usage Hits Record Highs  11 / 28 / 2022  Balita ng Ethereum ng Bitcoin  Gas usage on layer 2 networks for Ethereum hit an all-time monthly high. The statistic has grown by roughly 300% year over year.  The Ethereum network shows increased layer-2 activity, as the amount of gas (transactional unit for Ethereum) spent on the network has hit a monthly all-time high. November 2002 saw over 103 billion gas used, which is a massive jump from the start of the year when it was 33.2 billion.  In November 2022 for the first time, L2 systems consumed more than 100b gas to validate transactions and operate their bridges on L1. 6 months ago in May 2022 the 50b gas threshold was exceeded for the first time.  Year over year, there has been roughly a 300% increase in the amount of gas used to settle layer 2 transactions on Ethereum. For the most part, this activity has been increasing in 2022, with just a few blips when the market was crashing.  November was the first time that layer 2 networks consumed well over 100 billion in gas. Its something of a milestone for Ethereum. Only six months ago, the value was at

2022-11-29Ethereum
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