Ethereum Whales Are Accumulating These Altcoins As Crypto Market Stands Still! - Coinpedia - Fintech & Cryptocurreny News Media - BitcoinEthereumNews.com

crypto EthereumAng mga Ethereum Whale ay Nag-iipon ng Mga Altcoin na Ito Habang Nananatili ang Crypto Market! – Coinpedia – Fintech at Cryptocurreny News Media05 / 18 / 2022Balita ng Ethereum ng Bitcoin  Since the crypto markets are displaying warning signs of stability, the largest Ethereum (ETH) whales are obtaining decentralized oracle community Chainlink (LINK) and hard and fast decentralized finance (DeFi) altcoins.  When whales aim to retain their assets for a long time, they frequently transmit cryptocurrencies from platforms. Close to 5000 of the biggest Ethereum wallets (the “whales”) are tracked by Whalestats, with an average value of $24,239,292 and an average of 10,244 ETH, 7 tokens, and 1 NFT.  According to blockchain researcher WhaleStats, the top 100 Ethereum whales at the moment are more interested in stablecoins and 6 altcoins, with Chainlink rating 7th with a standard buy-in of $990 for 130 LINK tokens.  On the other hand, it seems that ETH whales are now heading to DeFi space. These whales are especially opting for crypto lending platform NEXO as well as UMA  Maker (MKR), the governance token that aids DAI stable coins is ranked 8th position. ETH whales are holding nearly 0.55 MKR for $855.  Next comes Curve Finance (CRV), which is an

2022-05-19Ethereum

Twitch co-founder develops a game on Ethereum - BitcoinEthereumNews.com

The NFT 1119 from the Genesis Breakers collectionDuskBreakers, Metatheorys new project  DuskBreakers is Metatheorys first game franchise and was released in December 2021. It is a sci-fi-inspired metaverse, with illustrations designed by former Twitch Lead Illustrator Geersart.  It is based on the player community and the Metatheory team is focusing solely on providing value to the community.  To reward players, the team has created a play-to-earn game based on mint slots: a new standard called play-to-mint. The DuskBreakers community already numbers over 20,000 tao and will offer NFTs and tokens with a user-owned economy.  The first 10,000 NFTs issued, so-called Genesis DuskBreakers, sold out in just six days.  Kevin Lin sinabi:  “Building immersive digital experiences has always been a passion of mine, and after stepping away from Twitch to explore what‘s next in the industry, I truly believe blockchain will open the door to even more possibilities and have a major impact in the gaming, storytelling and community building space. At Metatheory, we’ve built a team of industry vets who are focused on embracing blockchain across multiple media categories with a focus on elevating standards of customer experience and shared ownership”.  Jonathan Lai of Andreessen Horowitz added:  “Metatheory is redefining how games and stories are told from the

2022-05-18Ethereum

Has CFTC Chairman Rostin Behnam labeled Bitcoin and Ethereum as Commodities? - BitcoinEthereumNews.com

Bitcoin EthereumNilagyan ba ng CFTC Chairman Rostin Behnam ang Bitcoin at Ethereum bilang Commodities?05 / 18 / 2022Balita ng Ethereum ng Bitcoin  Recently the Senate bill has initiated debates where there are arguments regarding which authority should have control over the crypto merkado  The chairperson of the Commodity Futures Trading Commission or generally known as CFTC, Rostin Behnam, has claimed that bitcoin (BTC) and ethereum (ETH) cryptocurrencies are commodities. During an interview with Squawk Box of CNBC on Monday, he made this statement. At the same time, citing the recent Senate bill that is seeking to give control over a huge portion of the crypto market to the United States Securities and Exchange Commission that would leave the CFTC having lesser control over the nascent market.  Behman considered the issues as an age-old matter between both the state agencies. As to the CFTC Chairman, the SEC and CFTC, over the years, had a great relationship, and they continued to work together and communicate. He added more to this that both the entities have many similarities and common registrants. However, Behnam thinks it makes a lot of sense for CFTC to regulate commodities and regulate securities SEC would be preferred.  Further, he said that the

2022-05-18Ethereum

ETH May Slide Lower Under $2000 - BitcoinEthereumNews.com

EthereumMaaaring Bumaba ang ETH sa ilalim ng $200005 / 18 / 2022Balita ng Ethereum ng Bitcoin  The Ethereum price prediction is approaching a crucial level of support as the coin must have the support of $2000 to rise to $2500.  Ethereum Statistics Data:  Presyo ng Ethereum ngayon – $2027  Ethereum market cap – $240.1 bilyon  Ethereum circulating supply – 120.8 milyon  Kabuuang supply ng Ethereum – 120.8 milyon  Ranggo ng Ethereum Coinmarketcap – #2  Pamilihan sa ETH / USD  Key Levels:  Mga antas ng paglaban: $ 2700, $ 2900, $ 3100  Mga antas ng suporta: $ 1500, $ 1300, $ 1100  ETHUSD - Daily Chart  Sa panahon ng pagsulat, ETH / USD is hovering at $2027 following a 2.94% loss after touching the $2108 levels. However, the Ethereum price has not seen any major pullbacks yet and may use the trend line of the chanel for support if it happens. More so, the most important signal for Ethereum is the break of $2200, which represented a major resistance level. Therefore, should in the case bulls stay above this level, they may confirm a new uptrend.  Hula ng Presyo ng Ethereum: Masisira ba ng ETH ang $ 2500 o Reverse?  Bilang Ethereum presyo remains below the 9-day moving average, the daily low at $2015 may continue

2022-05-18Ethereum

Coinbase to Taper Down its Hiring Plans amidst Unfavorable Market

Nasdaq-listed cryptocurrency exchange Coinbase Global Inc is tapering down its plans to hire more staff this year as current market realities do not permit it.  According to a blog post from Emilie Choi, the company‘s President and Chief Financial Officer, the move is necessary in order to let the company prioritize what truly matters so that the exchange, dubbed America’s largest, can exit the current harsh market realities better and stronger.  “To ensure we‘re best positioned to succeed during and after the current market downturn, we’re announcing were slowing hiring so we can reprioritize our hiring needs against our highest-priority business goals,” she said, adding that the firm is being rigorous with its “resource prioritization so we can emerge from this down cycle even stronger than we are today.”  Despite the fact that Coinbase considers growing its workforce as a yardstick for growth, it said the current market realities have pushed it to reassess its hiring needs. Emilie pointed out a green light in the decision as it will afford the company to let those already hired to be properly integrated into the firms corporate culture.  Coinbase made history when it became the first mainstream centralized cryptocurrency exchange to go public via the direct

2022-05-18Malalim na Pagsisid

Ethereum (ETH) Perpetual Contract Price Analysis: Mayo 18 - BitcoinEthereumNews.com

EthereumEthereum (ETH) Perpetual Contract Price Analysis: Mayo 1805 / 18 / 2022Balita ng Ethereum ng Bitcoin  Sa Mayo 18, ang bullish na pagsusuri sa presyo ng ETH ay nasa $ 4780.  Ang bearish market price analysis ng ETH para sa Mayo 18, 2022, ay $ 1450  Ang MA ng Ethereum ay nagpapakita ng pababang trend.  Sa Ethereum Perpetual Future (ETH) presyo analysis noong Mayo 18, 2022, ginagamit namin ang mga pattern ng presyo, at ang Moving Average ng ETH upang suriin ang hinaharap na paggalaw ng cryptocurrency.  Perpetual contracts are derivative contracts similar to futures with no expiration date or settlement. Allowing them to be held or traded for an indefinite amount of time. They are gaining popularity in crypto because they allow traders to hold leveraged positions without the burden of an expiration date. Unlike futures, perpetual contracts trade close to the index price of the underlying asset due to perpetual funding rates.  Ethereum (ETH)  Ang isang platform na pinapagana ng blockchain technology ay ethereum, na kilala sa katutubong cryptocurrency na tinatawag na ether, ETH, o Ethereum. Ang teknolohiya ng Blockchain ay lumilikha ng distributed consensus tungkol sa estado ng Ethereum network. Ang mga bagong block ay mga asno sa napakahabang Ethereum blockchain upang iproseso ang

2022-05-18Ethereum

Despite the Crypto Ban, Luna Trading Sparks Online Discussions in China

The value of some of the worlds most prevalent digital currencies and non-fungible tokens (NFTs) has increased the curiosity of Chinese residents, despite the fact that virtual asset trading is prohibited in the nation.  As a result, the luna cryptocurrency increased by more than 80% in the country on Tuesday, becoming the top searched term on the Chinese social media website Weibo on Wednesday. Furthermore, Bitcoins price has decreased to half of its value as of November 2021, making it one of the most trending searches on the internet on the same day.  Thus, the strong interest demonstrated by Chinese internet users in cryptocurrencies issues demonstrates the existence of a crypto phile group in the nation, despite the official crackdown on cryptocurrencies and virtual asset service providers. Meanwhile, China was one of the most popular countries in the world for having the bulk of the worlds bitcoin trading and mining volumes before the government and financial watchdogs began to restrict the cryptocurrencies to prevent future financial disputes.  However, the prices of the top trending digital currencies have also fallen over time as investors liquidated riskier cryptocurrencies and digital assets such as technology stocks in response to the Federal Reserves measures to raise interest

2022-05-18Malalim na Pagsisid

BitMEX Launches Spot Exchange Service

Crypto exchange platform BitMex announced Tuesday the launch of spot trading for retail and institutional traders.  As mentioned on its official website, users are now able to access the spot trading option by placing coin conversion request-for-quotes (RFQs) through Central Limit Order Books. Users can also take advantage of API trading, as well as on the go with BitMEX Lite when Spot is launched in the mobile app in the next few weeks.  The crypto exchange introduced new products, featuring seven pairs of cryptocurrencies, including Bitcoin (XBT), Ethereum (ETH), Chainlink (LINK), Uniswap (UNI), Polygon (MATIC), Axie Infinity (AXS) and ApeCoin (APE), all against Tether (USDT).  Alexander Höpner, CEO of BitMEX, talked about the latest trading services and said:  “Today, BitMEX is one step closer to providing our users with a full crypto ecosystem to buy, sell, and trade their favourite digital assets. We will not rest as we aim to deliver more features, more trading pairs, and more ways for our clients to take part in the crypto revolution.”  According to the company, the launch comes as BitMEX published research into crypto investors across regions which revealed that the majority (60%) have experienced value growth of up to 50%, and 61% see crypto as “a

2022-05-18Malalim na Pagsisid

Do Kwon Suggests Terra Hard Fork to Revive Troubled Network

Do Kwon, the CEO of Terraform Labs, believes hard forking the Terra blockchain will play an instrumental role in saving the troubled network.   In a series of tweets, Kwon suggested:  “The Terra chain as it currently exists should be forked into a new chain without algorithmic stablecoins called ”Terra“ (token Luna - LUNA), and the old chain be called ”Terra Classic“ (token Luna Classic - LUNC). Both chains will coexist.”  According to Investopedia, a hard fork refers to a radical change to the protocol of a blockchain network that effectively results in two branches, one that follows the previous protocol and one that follows the new version. In a hard fork, holders of tokens in the original blockchain will be granted tokens in the new fork as well, but miners must choose which blockchain to continue verifying.  After being forked, the new chain, Terra (LUNA), will not support the algorithmic TerraUSD (UST) stablecoin, whereas the old one will house the Luna Classic (LUNC) token.  Kwons proposal for a hard fork is based on the lack of a consensus among different stakeholders. He stated:  “Competing interests from varied stakeholders (e.g.,$LUNA holders, UST holders, Terra builders, etc.) make it extremely difficult and unlikely to achieve consensus on

2022-05-18Malalim na Pagsisid

Ethereum-Based Altcoin Soars 28% In Just One Week As Crypto Whales Dive In: Santiment - BitcoinEthereumNews.com

crypto EthereumEthereum-Based Altcoin Soars 28% In Just One Week As Crypto Whales Dive In: Santiment05 / 18 / 2022Balita ng Ethereum ng Bitcoin  One decentralized finance (DeFi) altcoin is dramatically outperforming the vast majority of the crypto markets amid a major market correction.  Tagagawa (MKR), the 52nd-ranked crypto asset by market cap, is up more than 28.5% in the past seven days, trading for $1,570 at time of writing.  MKR is the governance token that supports DAI, a stablecoin that aims to stay pegged one-to-one to the US dollar without any banks, governments or third parties. Amid the collapse of fellow stablecoin TerraUSD (UST) last week, Dai largely kept its peg intact. Its trading at $1.00 at time of writing.  The crypto markets stumbled with the news with leading assets Bitcoin (BTC) down more than 2% in the past week and Ethereum (ETH) down nearly 12%.  Crypto analytics firm Santiment notes that Maker has witnessed major whale activity and a large spike in $100,000+ transactions in the past couple of days. The firm says “key stakeholders” own an all-time high in MKR supply.  Pinagmulan: Santiment / Twitter  Data science company IntoTheBlock ulat addresses holding at least 0.1% of MKR‘s total circulating supply and currently own 85% of

2022-05-18Ethereum
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