Pinakabagong Balita sa Crypto at Market Updates

Ethereum, Cardano, Solana, Chainlink, and NEAR Protocol - BitcoinEthereumNews.com

EthereumEthereum, Cardano, Solana, Chainlink, and NEAR Protocol06 / 10 / 2022Balita ng Ethereum ng Bitcoin　　This week, we take a closer look at Ethereum, Cardano, Solana, Chainlink, and NEAR Protocol.　　Ethereum (ETH)　　Ethereum had an uneventful week, with the price being almost flat the whole time. ETH closed the past seven days with a minor 3.5% loss. The descending triangle (represented in blue on the below chart) remains intact, and the cryptocurrency made no attempts to break away. The market has been moving sideways and shows a lot of indecisiveness.　　The current support is found at $1,700, and ETH has not tested this level since May 27th. The key resistance is at $1,900, and a break above it would likely lead to a relief rally. Until then, the best we can hope for is for the price to move inside the triangle.　　Looking ahead, Ethereum will soon approach the apex of this formation, and the price will have to make a decision one way or another. The indicators are also giving out mixed signals.　　Tsart ng TradingViewCardano (ADA)　　ADA performed well in the past seven days, registering a 4% increase at the time of this post. But after a significant rally, the price action is giving signs

2022-06-10Ethereum

Analysis: Here is What the New Crypto Bill Mean for the Blockchain Ecosystem?

Proponents of the cryptocurrency industry have been requesting a comprehensive crypto bill for some time. Thanks to the bipartisan efforts of Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.), there are proposals on the ground for lawmakers to ponder.　　The new Crypto Bill is coming at a time when the growth of the cryptocurrency ecosystem is becoming more convoluted, with investors protection concerns emanating from various scams and frauds targeting the average investor. The Bill seeks to address so many of the grey areas in the digital currency ecosystem, including taxation, regulatory oversight, and the role of stablecoins, to mention a few.　　The new crypto bill, if approved, will set the U.S. on a clearer pedestal with respect to dealings with digital assets, which have largely come to stay. 　　Chris Terry, BPSAA Board Member and V.P. Enterprise Solutions at SmartFi spoke to Blockchain.News that he believes if this Bill passed as is it would be wonderful for the crypto industry and would clearly set the United States in a leadership position.　　“What is interesting about the Lummis-Gillibrand Responsible Financial Innovation Act; are the things that most of the press is not talking about, like Section 505 - your right to own your own

2022-06-10Malalim na Pagsisid

Crypto is Very Dangerous, Says Anne Boden of Starling Bank

While a number of executives in charge of fintech unicorns are gradually seeing crypto as a space they need to embrace, Anne Boden, the founder and Chief Executive Officer of UK-based financial institution, Starling Bank said cryptocurrencies are “very dangerous” to the existing financial infrastructure.　　Boden made this comment at the Money 20/20 fintech conference in Amsterdam earlier this week, noting that the majority of cryptocurrency transactions are often connected to legacy banks or fintech firms, a link that threatens the financial status quo.　　“A lot of [crypto] wallets are being connected directly to payment schemes,” Boden said. “This is a threat to the safety of our payment schemes around the world.”　　Boden is a known critic of the cryptocurrency ecosystem and always warns investors about the dangers inherent in investing their capital in crypto schemes for fear of being defrauded.　　“Customers are being scammed,” the Starling chief said. “Were spending far more of our time protecting customers from the scammers than we are trying to promote crypto.”　　When asked if Starling bank is going to be integrating cryptocurrencies anytime soon, Boden said the changes over the next couple of years are very slim as crypto-linked firms still have a long way to go when

2022-06-10Malalim na Pagsisid

NFBarter Debuts on Ethereum and Solana With A Multi Chain Trade & Swap NFT Protocol - BitcoinEthereumNews.com

Ethereum Mga NFTNFBarter Debuts on Ethereum and Solana With A Multi Chain Trade 　　“Our team has just launched what the company bills as a web3 marketplace protocol for safely and efficiently buying and selling NFTs. The protocol will allow for a more varied and specific NFT trading experience. For example, users will be able to post offers for NFTs in ETH and SOL, instead of just ETH prices.”　　With NFBarter, users can list a potential trade for NFTs instead of listing an NFT for a certain amount of ETH or SOL. This means that a user could use the NFBarter protocol to create a trade offer to exchange a Bored Ape for a bundle including a CryptoPunk, a Cryptoadz, and a bit of Uniswaps UNI token. This tech feature basically offers users more control while bringing more value and utility to their existing portfolios.　　anunsyo　　The platform enables a more granular trading system as individual NFTs could be specified in a trade, but also specific traits. As such, users could post an offer to trade their NFTs for a particular NFT using their ID number. Or they could post a request to only trade an Ape NFT for one of the nine Alien

2022-06-10Ethereum

ApeCoin Community Votes to Remain on Ethereum Despite High Fees - BitcoinEthereumNews.com

EthereumApeCoin Community Votes to Remain on Ethereum Despite High Fees06 / 10 / 2022Balita ng Ethereum ng Bitcoin　　The ApeCoin community has approved the panukala to keep the $Unggoy token sa Ethereum blockchain for now, despite some earlier worries about the high cost of transactions on the blockchain. 　　The AIP-41 proposal was favored by 53.6% of the community, who took to Twitter to share its position.　　“ApeCoin should remain within the Ethereum ecosystem, and not migrate elsewhere to an L1 chain or sidechain not secured by Ethereum,” it said.　　Pagboto has ended on Snapshot for AIP-41, to keep $APE sa Ethereum ecosystem sa ngayon, na inaprubahan ng komunidad. Maaari mong mahanap ang buong panukala dito: https://t.co/nJQ9Q7kDWM　　— ApeCoin (@apecoin) Hunyo 9, 2022　　To date, nearly 3.8 million token holders have rejected Yuga Labs‘ earlier demand that called for ApeCoin’s migration to its own chain in order to scale.　　We‘re sorry for turning off the lights on Ethereum for a while. It seems abundantly clear that ApeCoin will need to migrate to its own chain in order to properly scale. We’d like to encourage the DAO to start thinking in this direction.　　— Yuga Labs (@yugalabs) Mayo 1, 2022　　Ethereums security “second-to-none”　　The conversation within the community to move away

2022-06-10Ethereum

DeFi contagion? Analysts warn of ‘Staked Ether’ de-pegging from Ethereum by 50% - BitcoinEthereumNews.com

EthereumPagkahawa ng DeFi？ Nagbabala ang mga analyst tungkol sa Staked Ether de-pegging mula sa Ethereum ng 50%06 / 09 / 2022Balita ng Ethereum ng Bitcoin　　The next big crypto crash could be around the corner due to Lido Staked Ether (stETH), a liquid token from the Lido protocol that is supposed to be 100% pegged by Ethereums native token, Ether (ETH).　　Notably, the stETH peg could drop against ETH by 50% in the coming weeks, raising the risk of a “DeFi contagion” as Ethereum moves toward proof-of-stake (PoS), argues popular Bitcoin investor and independent analyst Brad Mills.　　Over 1M Ether liability risks default　　In detail, investors deposit ETH in Lidos smart contracts to participate in The Merge, a network upgrade aiming to make Ethereum a proof-of-stake blockchain, also called the Beacon Chain. As a result, they receive stETH representing their staked ETH balance with Lido.　　Users will be able to redeem stETH for unstaked ETH when Beacon Chain goes live. In addition, they can use stETH as collateral to borrow or provide liquidity using various decentralized finance (DeFi) platforms to earn yield.　　But, if the switch to Eth2 gets delayed, this could cause a massive liquidity problem across DeFi platforms, Mills asserts, using Celsius Network, a

2022-06-10Ethereum

Ethereum Bulls Hints at Recovery! Will ETH Price Close The Week at $2K? - Coinpedia - Fintech & Cryptocurreny News Media - BitcoinEthereumNews.com

EthereumMga Hint sa Pagbawi ng Ethereum Bulls! Magsasara ba ang ETH Price The Week sa $2K？ – Coinpedia – Fintech at Cryptocurreny News Media06 / 09 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum (ETH) has dropped mercilessly in the last two weeks, trading below the $1800 mark. However, due to a successful Merge on the Ropsten testnet, favourable on-chain statistics, increased whale holdings, and other positive variables, prices may be able to stabilize at current levels.　　On June 8, the Ethereum team successfully completed the Merge on the Ropsten testnet, without any problems or challenges.　　The value of ETH stake has reached over $22.78 billion, according to Glassnode data, and is ready for the forthcoming main-net Merge to proof-of-stake (PoS). This amounts to 12.8 million ETH, or 10.78 percent of the total supply.　　Whales Hint Towards Stability　　Furthermore, despite a drop in Ethereum pricing, the top 10 Ethereum whales have more ETH than the top 10 crypto exchange addresses, according to the on-chain platform Santiment. It shows that whales believe that the Ethereum price will remain stable at current levels.　　After getting 54 percent support, the ApeCoin community has agreed to keep ApeCoin (APE) within the Ethereum ecosystem.　　Wintermute, a market maker, is also planing to build

2022-06-10Ethereum

Ropsten fusion on the main Ethereum blockchain is expected to initiate soon - BitcoinEthereumNews.com

blockchain EthereumAng Ropsten fusion sa pangunahing Ethereum blockchain ay inaasahang magsisimula sa lalong madaling panahon 06 / 09 / 2022Balita ng Ethereum ng Bitcoin　　As one of the final tests before the merging on the main Ethereum blockchain, Ropsten, Ethereums oldest testnet, is poised to move to proof of stake.　　The testnet merging‘s main goal is to prepare for Ethereum’s mainet merge later this year. Ethereum core developers have already experimented with merging, including a shadow fork on the main network and another merge on the Kiln testnet.　　Whole Merging process　　According to an official blog post from Ethereum, the actual date for the Ropsten fusion will vary based on a few circumstances, but it is likely to happen on Wednesday.　　The code from Ropstens two chains one proof of work and the other a proof-of-stake beacon chain will be combined in this event.　　This is the identical procedure that will be used when the Ethereum mainet merging occurs.　　The Ropsten merging is one of several crucial processes in ensuring that Ethereum node client software runs smoothly and without issues throughout the event.　　BASAHIN DIN - Nananatili ang ApeCoin: Sumasang-ayon ang Komunidad na Panatilihin ang Token Sa Ethereum　　Lighthouse, Lodestar, Prysm, Nimbus, Teku, Besu, Erigon, go-ethereum (geth), and Nethermind

2022-06-10Ethereum

Why Bitcoin and Ethereum Are the Right Bets According to Jim Cramer - BitcoinEthereumNews.com

Bitcoin EthereumWhy Bitcoin and Ethereum Are the Right Bets According to Jim Cramer06 / 09 / 2022Balita ng Ethereum ng Bitcoin　　The American TV personality Jim Cramer argued that cryptocurrencies have a long-term value as they are decentralized assets that could go mainstream in the future. However, he recommended investors interact mainly with Bitcoin and Ethereum as they have captured the attention of broad society and “seem the most legitimate.”　　Cramers Latest Crypto Advice　　Sa isang kamakailan-lamang pakikipanayam, the host of CNBCs Mad Money show – Jim Cramer – described himself as a “believer” of digital assets, predominantly in Bitcoin and Ethereum. The two largest cryptocurrencies by market capitalization have been embraced by many investors and seem to have the biggest merits, he opined.　　Additionally, Ethereum has a huge presence in the non-fungible token niche, and as such, Cramer had to purchase some amounts to conduct an NFT order:　　“I can‘t tell you not to own crypto. I own Ethereum. They wouldn’t let me do dollars. I had to buy it in Ethereum, so I researched it, and its got some qualities I like.”　　Despite his positive opinion, he thinks cryptocurrencies should not account for more than 5% of ones portfolio. They could be a speculative

2022-06-09Industriya

BlockFi Plans to Raise $100M at a Lower $1B Valuation - BitcoinEthereumNews.com

TeknolohiyaPlano ng BlockFi na Magtaas ng $100M sa Mas mababang $1B na Pagpapahalaga06 / 09 / 2022Balita ng Ethereum ng Bitcoin　　Crypto lending platform BlockFi is planing to raise new funding at a depressed $1 billion valuation, Bloomberg iniulat Miyerkules, binabanggit ang mga taong may kaalaman sa usapin.　　Recall that in March 2021, the company was nagkakahalaga ng $ 3 bilyon following $350 million raised in a Series D round.　　BlockFi Plans to Raise $100M　　According to the report, the firm may raise around $100 million in its planed fundraiser. However, the actual amount it will secure in the funding is yet to be determined. Investors expected to participate in the round include Bain Capital Ventures, DST Global, Castle Island Ventures, and Peter Thiels Valar Ventures.　　The reduced valuation comes at a time when the crypto market is going through a new phase of turbulence. The total market capitalization dropped from nearly $3 trillion in November to around $1.2 trillion.　　The rumored raise also follows BlockFis regulatory challenges with United States regulators. In February, BlockFi agreed to pay a $ 100 milyong multa to the U.S. Securities and Exchange Commission (SEC), and 32 states.　　The SEC charged the company for failing to register its lending product dubbed

2022-06-09Industriya

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