Ethereum Classic: Why investors must remain on the lookout for these levels - BitcoinEthereumNews.com

Pinagmulan: TradingView, ETC/USDT  The recent down-chanel (yellow) retracement saw a nearly 53.64% fall while the selling spree halted at the $26-base. Before this reversal, ETC saw a lift-off from its 14-month trendline support (now resistance) (white, dashed) that fetched an over 110% ROI.  Pinagmulan: TradingView, ETC/USDT  The RSIs recovery from the oversold mark bashed into a ceiling at the 40-level. The bulls still needed to up their game in regards to the trading volumes to sustain a trend-altering rally on the chart.  Furthermore, the CMF raised slight concerns after marking a bearish divergence with price over the last day. Its immediate resistance would cause a delayed recovery for ETC.  Konklusyon  The current market dynamics unequivocally blended well with the bearish narrative. So a likely devaluation towards the lower band of the BB could ignite a short-term recovery. A close above the $28-mark would be critical in determining a realistic trend-altering bull rally in the coming days.  At last, the broader market sentiment and the on-chain developments would play a vital role in influencing future movements.

2022-05-02Ethereum

Ang Bored Ape ay nakalikom ng $285M mula sa pagbebenta ng Ethereum Otherside NFTs - BitcoinEthereumNews.com

Sinabi rin ng anunsyo na may mga plano ang Yuga Labs na i-refund sa mga user ang mamahaling gas fee na binayaran. Ang mga bayad sa gas na binabayaran ng mga gumagamit ng Ethereum network ay nakasalalay sa aktibidad ng network. Kapag mataas ang aktibidad ng network, malamang na tumaas ang mga bayarin sa gas sa malalaking matataas dahil nakikipagkumpitensya ang mga user para maproseso muna ang kanilang mga transaksyon.  Sinabi ng data mula sa Dune Analytics na ang average na presyo ng gas ay humigit-kumulang 800 gwei noong Linggo ng umaga, na binabanggit na ang ilang spike sa 6000 gwei at 7000 gwei ay naitala. Sa mga panahong ito, ang karaniwang transaksyon ay kumonsumo ng mga bayarin sa gas na humigit-kumulang $3000.  Ang mataas na gas fee sa Ethereum network ay lumikha ng pag-aalala sa posibilidad ng Ethereum network sa pagsuporta sa malalaking proyekto ng NFT. Inihayag pa ng Yuga Labs na gagawa ito ng sarili nitong blockchain upang payagan ang proyekto na makamit ang scalability.  Mukhang napakalinaw na ang ApeCoin ay kailangang lumipat sa sarili nitong chain upang maayos na ma-scale. Nais naming hikayatin ang DAO na magsimulang mag-isip sa direksyong ito, idinagdag ng anunsyo.  Inihayag ng Yuga Labs na hindi nito

2022-05-02Ethereum

Robinhood Lays Off 9% Workforce, Shares drop

Robinhood is laying off 9% of its full-time workforce, CEO Vlad Tenev announced, as the shares of the companys stock hit a new low.  Tenev, in a blog post, said that the lay-offs came after a headcount growth that “led to some duplicate roles and job functions, and more layers and complexity than are optimal.”  According to Reuters, the online trading platform had 3,400 employees, so around 300 people may be affected by the cut.  Since the beginning of 202, Robinhood has witnessed an increase in its employees from 700 to 3,800.  Regardless of the lay-off, Robinhood claims that its financial position is strong. Tenev announced that the company has over $6 billion in cash on its balance sheet.  Tenev said, “after carefully considering all these factors, we determined that making these reductions to Robinhoods staff is the right decision to improve efficiency, increase our velocity, and ensure that we are responsive to the changing needs of our customers.”  Following the news of the lay-off, shares of the companys stock closed at $10 on Tuesday, the lowest price since Robinhood went public in July 2021.  Robinhoods layoff announcement comes days before the company is expected to report its Q1 2022 financial performance.  The company posted a $423 million

2022-05-02Malalim na Pagsisid

Shiba Inu Gets Back to First Place Among Top 100 Ethereum Whales - BitcoinEthereumNews.com

Arman Shirinyan  Shiba Inu returns to the top despite losing its place recently  U.Today previously covered the unexpected drop of Shiba Inu from the top three of the biggest whale holdings on Ethereum, but according to the most recent data, the king is back in first place with almost $1 billion held by mga balyena.  Second place is one again held by the long-time rival FTX token, with approximately $880 million FTT held by the biggest Ethereum addresses. A total of $990 million SHIB is concentrated in the hands of the 100 biggest Ethereum wallets, which shows remaining interest in the memetoken.  Source: WhaleStats  Previously, Shiba Inu failed to even reach the top five of the biggest USD-valued holdings on the market, according to WhaleStats. Other tokens in the top are either wrapped versions of cryptocurrencies like Bitcoin or stable assets like USDT and USDC.  According to the holdings distribution on the market, whales are still in fear since the third and fourth biggest holdings are stable solutions. Compared to last summer, whales are more actively de-risking their portfolios.  Ads  A large portion of Bitcoin on whales addresses should also be considered part of a de-risking strategy as the first cryptocurrency is less volatile than assets with relatively

2022-05-02Ethereum

Zcash Co-founder "John Dobbertin" is Actually Edward Snowden

Edward Snowden has been revealed as one of the co-founders of Zcash, after he gave his fellow co-founder Zooko Wilcox permission to disclose his involvement.  Until now, Snowden was known by the pseudonym “John Dobbertin”.  The identities of the other five co-founders have already been revealed. His identity was revealed while taking part in a new documentary for Zcash, where he gave his Wilcox permission to disclose his involvement “as long as it is clear that I was never paid and had no stake.”  Snowden is popularly known as a whistleblower at the National Security Agency (NSA). While working at the NSA, Snowden released thousands of documents that revealed how the United States was spying on its own citizens. Following this, he moved to Russia after receiving asylum.  He has become a strong advocate of privacy.  Snowden has criticized Bitcoin for its privacy concerns saying it is an “open disaster”.  Zcash has become known for its transaction system which occurs in two pools called “Sprout” and “Sapling.” Both require their own key for access.  According to Zcashs official website: “Zcash is a privacy-protecting, digital currency built on strong science. With Zcash, people can transact efficiently and safely with low fees. Shielded Zcash ensures transactions remain confidential while

2022-05-02Malalim na Pagsisid

AI-Generated NFT Collection to Preserve Ukrainian Art and Offer Humanitarian Support

Through a global coalition of advocates, digital innovators, artists, and educators, an AI-generated NFT collection has been established to conserve Ukrainian art and raise funds for humanitarian aid.  Dubbed MINT FOR UKRAINE, the non-fungible token (NFT) collection of one million artworks is seen as a stepping stone toward keeping Ukrainian culture in the history books.   Tymofiy Mylovanov, the President of the Kyiv School of Economics, noted:  “There is no nation without its culture. Now with the help of AI and the blockchain, we have a chance to make pieces of Ukraine stay forever in the worlds history. While we are fighting for the freedom of our country, join us in the fight for our culture and help Ukraine.”   Minting the NFT art pieces will be done for free after creating a wallet and donations channelled through crypto or currency of choice. Per the announcement:  “Up to 10% of donations are directed to support the Ukrainian culture (artists and cultural institutions), while the remaining 90% are devoted to humanitarian support of Ukraine, through the vetted network of charities.”  Phil Bosua, the creator of the collection, pointed out:  “I think the human/AI collaboration is the next great art movement. We now have a direct line from thought

2022-05-02Malalim na Pagsisid

22.5 Billion SHIB Burned by New Portal Cumulatively, 708 Million Gone in 24+ Hours - BitcoinEthereumNews.com

Yuri Molchan  Recently launched burn portal for Shiba Inu has already removed over 22 billion meme coins within a week after launch  Nilalaman  22.5 billion SHIB gone in a week  728.3 million SHIB burned in 24+ hours  According to a recently published tweet, the recently opened Shiba Inu burn initiative, burn.shibaswap, which has been functioning for a week, has already removed an astounding 22.5 billion Shiba Inu from the circulating supply.  In the meantime, within the past 24 hours, various Shib burn initiatives have incinerated over 708 million meme tokens by sending them to dead-end wallets.  22.5 billion SHIB gone in a week  The SHIB burn portal that started work recently is already picking up speed, sending massive amounts of the second largest meme token to “inferno” wallets.  By Saturday, 20 billion SHIB were burned by it cumulatively and, by Sunday, this amount rose to 22.5 billion tokens.  Ads  Digital coins are burned in order to make them more scarce and, thus, attempt to push their price up. This has not happened to Shiba Inu yet, as it remains 76.25% below the historic peak of $0.00008845 reached in October.  After reaching a local high of $0.00002196 on May 1, by today, the price of the coin has declined to $0.00002084. This was

2022-05-02Industriya

3 Great 7% Yields, Paid Monthly - BitcoinEthereumNews.com

Kabuhayan3 Great 7% Yields, Paid Monthly05 / 02 / 2022Balita ng Ethereum ng Bitcoin  Buwanang Plano ng Budget para sa Mga Gastos at Pera  makulitn  One of the markets most secure, steady sources of generous yield is going through a rare turbulent moment. But these 7% to 8% yields—paid monthly, no less!—are selling at discounted prices we only see once every five years or so.  Is it time for us contrarians to consider “backing up the truck” to load up on these monthly dividend machines?  Why “Preferred” Dividends are This Cheap  “Preferred” stocks are stock-bond hybrids that rarely make Wall Streets highlight reels. We like it that way, because these funds Magbayad.  These underappreciated secrets dont usually suffer this bad, either.  The reason preferreds are usually so steady is that they simply collect income. We have no quarterly earnings drama to worry about here.  Consider the start of earnings season over the past few weeks. Weve had reports from the likes of Wells Fargon WFCn (WFC), JPMorgan Chasen JPMn (JPM) and other blue-chip banks, and following those reports, the media talks about how WFC went in this direction, and JPM went in that direction.  The stocks they‘re referring to are the companies’ “common” stocks—typical publicly traded shares that allow you

2022-05-02Industriya

IOHK Shared Cardano Ecosystem Most Important Updates Within Seven Days - BitcoinEthereumNews.com

Important Updates In The Cardano Ecosystem In The Past Seven Days.  While the Cardano community continues to anticipate next months Vasil upgrade, other important events are occurring in the Cardano ecosystem, especially the continued increase in the number of Cardano-built decentralized projects. IOHK provides a review of happenings in the ecosystem over the past seven days. However, the most important ones are revealed below.  ????The flourishing Cardano #DApp patuloy na lumalaki ang ekosistema. Tingnan natin ang isa pang recap ng #BuildinOnCardano at suriin kung ano ang nangyari sa #Cardano ecosystem over the last week.  Handa? pic.twitter.com/q6TwSuD5eZ  - Input Output (@InputOutputHK) Mayo 2, 2022  Liqwid finance partners with Carda  Non-custodial liquidity protocol, Liqwid finance, anounced a partnership with Carda (a smart contract-based NFT services on Cardano).  Through the partnership, Liqwid finance users can use the protocols native token ($LQ) to list or buy NFTs on the Cardanohub marketplace at a minimal service charge.  Muesliswap completes the first phase of matches on Cardano mainet  One of the top Cardano DEXs Muesliswap, revealed that they have completed their first partial matches on the Cardano mainet. The completion of this phase is in partial fulfillment of their switch to Muesliswap V2. The limitation of Muesliswap v1 is that it only enables matches of

2022-05-02Industriya

US stocks seesaw in early trading ahead of key Fed meeting - BitcoinEthereumNews.com

KabuhayanAng mga stock ng US ay seesaw sa maagang pangangalakal bago ang pangunahing pulong ng Fed05 / 02 / 2022Balita ng Ethereum ng Bitcoin  US stocks opened slightly lower on Monday morning before edging higher on the first day of trading in May amid continued market jitters. However, a fresh bout of pressure has once again pushed the major indexes lower.  The S&P 500 rose 0.7% in early trading but is now 0.4%lower, while the Dow Jones Industrial Average added over 200 points at +0.6% before slipping 0.4% to -133 points in late morning trades.  n Naghahanap ka ba ng mabilis na balita, maiinit na tip at pagsusuri sa merkado?n n Pag-sign up para sa Invezz newsletter, ngayon.n n  Elsewhere, the Nasdaq Composite, which fell to its worst monthly performance since 2008 in April, jumped 1.1% but has shed the early gains is largely flat.  With this week likely to be pivotal with the US Federal Reserve meeting and a 50 basis point rate hike ‘on the table’, the early seesaw looks to signal fresh volatility after what was an absolutely brutal month for equities since the pandemic-induced rout in March 2020.  What to watch this week in stocksPulong ng Fed  US Federal Reserve‘s meeting highlights this

2022-05-02Industriya
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