Ethereum sell-off fears rise as crypto hedge fund moves $60M ETH to an exchange - BitcoinEthereumNews.com

crypto EthereumTumataas ang pangamba sa pagbebenta ng Ethereum habang inililipat ng crypto hedge fund ang $60M ETH sa isang exchange05 / 30 / 2022Balita ng Ethereum ng Bitcoin  Ang katutubong token ng Ethereum na Ether (ETH) rose by more than 5% to reach its intraday high above $1,930 on May 30. Nonetheless, the ETH/USD pair risks facing another sell-off round due to concerns about a massive ETH inflow into an exchange.  58.7K Ether transferred to FTX in May  On May 30, the Ether address allegedly associated with Three Arrow Capital — a Singapore-based crypto hedge fund, sent 32,000 ETH worth $60 million to the FTX crypto exchange within a span of an hour, on-chain data shows.  The bulk transfer, which follows the funds 26,700 ETH deposit to the same exchange earlier in May, raised suspicions that it would dump the Ether stash. That is primarily because, in theory, investors transfer crypto to their exchange wallets only when they want to sell them for other assets.  dump eeth? https://t.co/7xdI80P8rZ  — Tim Copeland (@Timccopeland) Mayo 30, 2022  Nonetheless, the number of Ether held by exchanges continued to drop in May, according to on-chain data tracked by Glassnode.  Ang ETH balance across all the crypto exchanges dropped from 20.45 million to

2022-05-31Ethereum

While Ethereum Price Tries To Recover, ETH Addresses Plunge! - BitcoinEthereumNews.com

EthereumWhile Ethereum Price Tries To Recover, ETH Addresses Plunge!05 / 30 / 2022Balita ng Ethereum ng Bitcoin  Ethereum investors have been in the red for the most of 2022. This is because Bitcoin continues to fall below critical levels. Prior to the weekend, the price had dropped to its lowest level in almost nine months. The move has triggered another sell-off for Ethereum price and the market.  Those who own Ethereum tokens have failed to gain massive profit this year, with year-to-date losses of 50%. Indeed, according to Glassnode statistics, the number of lost addresses has been steadily increasing since the begining of 2022, peaking at 34.9 million on May 30.  Ethereum Short-term Prospects Indications  Despite a minor weekend rebound, the above-mentioned statistic reached new highs. On Monday morning, the comeback continued, with Ethereum presyo fighting crawling back to $1,900. So, what does this mean for the companys short-term prospects?  Well, the statistic indicates selling pressure easing in the future. The idea was that the losing addresses would sit tight and HODL their Ether, with a hope of break even rather than lose money on their investment.  Ethereum price is expected to hit the $1,900 area without too many setbacks, as bears are predicted to stay

2022-05-30Ethereum

This Is How Ethereum Price Is Set To Reclaim $2,000 In The Coming Days - BitcoinEthereumNews.com

EthereumThis Is How Ethereum Price Is Set To Reclaim $2,000 In The Coming Days05 / 30 / 2022Balita ng Ethereum ng Bitcoin  The Ethereum (ETH) price is seeing bulls smash out of the market today, as investors return with a mindset to invest large bags of cash.  During the ASIA PAC and European sessions on Monday, the Relative Strength Index (RSI) spiked dramatically, indicating how overbought bulls are in the market and setting the tone for the rest of the week. Expect the price to rise during the week, aiming for $2,574.15, which would be its greatest week so far this year, with over 40% profit achieved by Friday.  Ethereum To Gain 40%   Ang Ethereum presyo is expected to surge north as the week begins. ETH price increased by 5% during the ASIA PAC session. This indicates that bulls are placing their entire weight on the scales and outperforming bearish as the RSI rises dramatically.  With this enormous increase, ETH price seems ready to have its best performing week ever. This will bid farewell to $2,000 for the foreseeable future as a bullish summer approaches.  If ETH price can close over $1,928.89 today, it will be the best positive indication. Bulls can then look for

2022-05-30Ethereum

LBank Weekly Listing Report, 30THMAY 2022 - BitcoinEthereumNews.com

TeknolohiyaUlat sa Lingguhang Listahan ng LBank, 30THMAY 202205 / 30 / 2022Balita ng Ethereum ng Bitcoin  Bilang isang world class na digital asset exchange, patuloy na tumutuon ang LBank sa pagbibigay sa mga user nito ng mga de-kalidad na proyekto upang makilahok. Narito ang isang lingguhang ulat na ginawa ng LBank Exchange na nagpapakita ng kapana-panabik na mga bagong listahan ngayong linggo at isang buod ng mga nakalista noong nakaraang linggo, na nag-aalok sa mga user ng higit pa impormasyon upang makatulong na mas maunawaan ang mga natatanging pagkakataong ito.  Mga Bagong Listahan sa LBank Exchange  Naka-iskedyul ngayong linggo simula sa30thMayo.  Para sa mas kumpletong listahan mangyaring sundan ang aming twitter@LBank_Exchange  Proyekto:TEAK  Petsa ng listahan:30th Mayo  Key salita:MEME, Initial listing, ERC20  Opisyal na website:https://teakcoinsite.com  Tungkol sa:  Teak is token built on the Ethereum blockchain network. Teak is nature community coin, Teak that brings energy and ideas of the crypto community to the global audience with a unique style, Teak coin is soon to be the newest and hottest community coin hit the market.  Its a cryptocurrency that reaches to high monetary level and fair tokenomics.  Proyekto:VIC  Petsa ng listahan:30th Mayo  Key salita:NFT, Listed on DIGIFINEX,ERC20  Opisyal na website:https://arte-vic.com/EN_home.html  Tungkol sa:  The VIC blockchain platform is a P2P (PEER TO PEER) tangible asset trading platform service based on

2022-05-30Industriya

This is Why ETH Whales Are Buying Billions of Shiba Inu Tokens! - BitcoinEthereumNews.com

EthereumThis is Why ETH Whales Are Buying Billions of Shiba Inu Tokens!05 / 30 / 2022Balita ng Ethereum ng Bitcoin  The Dogecoin-killer Shiba Inu is now replaced by the Polygon (MATIC) as the most traded token among top 100 Ethereum whale wallets. The recent crypto bloodbath has also left its effect on Dogecoin-killer Shiba Inu, which can still hope for its recovery as the rising number of partnerships and utilities could fuel a recovery in the meme coin Shiba Inu.  While the large wallet investors of ang Ethereum blockchain have shed their Shiba Inu holdings, BlueWhale0073 has scooped up 142.6 billion SHIB tokens recently. Whale added these Shiba Inu tokens to his portfolio for $1,539,417.  Shiba-Inu-themed mem coin SHIB has added 30,000 new holes just within a month, in addition, the burn rate of Shiba Inu has also climbed consistently up by hitting the 1715 level within the past 24 hours. About 203.4 million Shiba Inu tokens were burned overnight according to the Shibburn portal.  Assembling by large wallet investors is considered as bullish for meme coins like Shiba Inu, whereas it is now expanding to flight and hotel bookings. Recently Shiba Inu has expanded its utility with a new partnership XcelTrip, which is

2022-05-30Ethereum

Proposal to Burn 1.3bn UST Tokens Wins Approval from Terra Governance

The Terra governance has approved the proposal to burn a certain amount of TerraUSD (UST) tokens. The tokens were held in the projects community pool and also deployed for past liquidity on Ethereum.  The total number of votes favouring the action was 99.3% of the total number. According to CoinGecko, the total number of tokens to be burnt equals more than 1.3 billion UST or around 11% of the existing 11.2 billion UST supply.  The burn will be taken care of by Terraform Labs - Terras core development firm - and it will be conducted in two phases, the Terra governance forum revealed.  In the first phase, Terraform Labs will permanently remove about 1 billion UST from the supply chain by sending those tokens from Terras community pool to a burn module.  While in the second phase, Terraform Labs team will bridge back 370 million UST to Terra from the Ethereum blockchain and destroy them.  The dollar-pegged algorithmic stablecoin UST token plummeted to $0.04 cents earlier in May, representing a 93% drop from its value prior to the fall from dollar parity.  The decision to burn the UST tokens comes following approval by the Terra governance system of the revival plan to re-launch the Terra blockchain

2022-05-30Malalim na Pagsisid

Elon Musk Sued by Twitter Investors for Delayed Disclosure

Twitter investors are out for Elon Musk, the Chief Executive Officer of electric auto manufacturer Tesla Inc for causing them some punitive damages.  According to The Guardian and multiple sources, the group of investors said Elon Musk saved himself about $156 million for failing to disclose that he had purchased more than 5% of Twitter shares by March 14.  The investors said Musk continued to acquire the social media giants shares and, by so doing, profited from a relatively low price before finally announcing the acquisitions in early April.  The investors are led by Virginia resident William Heresniak who noted that “By delaying his disclosure of his stake in Twitter, Musk engaged in market manipulation and bought the Twitter stock at an artificially low price.”  The lawsuit was filed in San Francisco, and William and his fellow investors wish for the case to be classified as a Class Action. They are demanding an undisclosed amount of money in compensation for all punitive and compensatory damages.  The Elon Musk acquisition of Twitter is currently being dragged on for a long as the billionaire said he wants the company to provide proof that spambots do not exceed 5% of the social media‘s total user base. In the

2022-05-30Malalim na Pagsisid

Ethereum transactions drop to 18-month low as market attempts to recuperate - BitcoinEthereumNews.com

EthereumBumaba ang mga transaksyon sa Ethereum sa 18 buwang mababa habang sinusubukan ng merkado na bumawi05 / 30 / 2022Balita ng Ethereum ng Bitcoin  Kasama ang cryptocurrency market still trying to decide whether to proceed mahinhin or rise up matipid, the user transactions on Ethereum (ETH) blockchain have recorded their lowest amount in the last 18 months.  Indeed, the current number of Ethereum transactions (according to their seven-day moving average) is 42,957.363, as observed in the chart nai-publish by the alerts Twitter chanel of the on-chain and financial metrics platform glassnode sa Mayo 30.  Ethereum transactions count. Source: mga alerto ng glassnode  According to the tweet and the chart, the previous 18-month low in Ethereum transactions was recorded just a couple of days earlier – on May 28, 2022, when this number stood at 41,965.137.  Diminished Ethereum activity meets lower fees  Isang linggo na ang nakalilipas, Finbold reported that the number of Ethereum addresses in loss had hit its two-year high of 33,403,723.452. This data was recorded two weeks after the number of ETH addresses in profit dropped to its 21-month low ng 66.77%.  Furthermore, three weeks ago, Ethereum also saw $ 800 milyon na halaga of its coin transferred to known mga palitan ng crypto wallets

2022-05-30Ethereum

OKX Signs Formula 1 Driver Daniel Ricciardo as Brand Ambassador

OKX, a global cryptocurrency exchange and web3 platform, announced on Thursday that it has partnered with Daniel Ricciardo, McLaren Racing Formula One driver and crypto trading enthusiast.  Ricciardo will serve as an OKX ambassador role during the 2022/23 racing season based on the partnership.  OKX and Ricciardo will collaborate to supercharge the fan experience through a series of activities. Such activities include a global campaign, supported by Ricciardo, aimed at educating fans on cryptocurrency trading and collaborating with designers from underrepresented communities to create a special edition racing helmet that will be worn during a race.  The relationship will also lead to new and exciting opportunities that will give Ricciardos fans an intimate insight into his cryptocurrency trading journey, with the chance to interact and get to know him away from the racetrack.  OKX is Ricciardos preferred trading platform of choice, along with other 20 million users in over 180 international markets worldwide.  The partnership with Ricciardo comes after British Formula One team McLaren Racing signed a multi-year sponsorship deal with Malta-based cryptocurrency exchange OKX early this month. The deal made OKX the official primary partner of McLarens F1 team and Shadow esports Team from 2022.  The 2022 Monaco Grand Prix on Sunday, May 29, will

2022-05-30Malalim na Pagsisid

Hoskinson Says ADA Ghost Transactions Very Effective as Cardano Records 3x Transaction Volume Than Ethereum in 24 Hours  - BitcoinEthereumNews.com

EthereumSinabi ni Hoskinson na Napaka-epektibo ng Mga Transaksyon ng ADA Ghost bilang Cardano Records 3x Dami ng Transaksyon kaysa sa Ethereum sa loob ng 24 na Oras 05 / 30 / 2022Balita ng Ethereum ng Bitcoin- Advertising -  Cardano has continued to demonstrate its prowess as it records three times more transactions than Ethereum.   In contrast to the criticism aimed at Cardano in recent times, the blockchain has attracted a lot of interest from members of the cryptocurrency community.  In a recent development, Cardano, which many refer to as “Ghost Chain” due to its limited utility, has surpassed Ethereum in terms of transaction volume over the past 24 hours.  Cardano Edge Ethereum Transaction Volume  According to data shared by an ADA enthusiast, which was later retweeted by Charles Hoskinson, the CEO of Input Output Global, the firm responsible for research and development of the blockchain, Cardano edged Ethereum in terms of transaction volume in 24 hours.  Per the data, a total of $9.57 billion worth of transaction volume was recorded on Cardano while $3.01 billion transaction volume was recorded for Ethereum.  Meanwhile, Cardano also surpassed Ethereum in terms of adjusted transaction volume in the past 24 hours as seen in the data. Cardano recorded $9.49 billion

2022-05-30Ethereum
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