NFT Trading Volume Surpasses $54B, Exceeds 200% in 2022

The non-fungible token (NFT) market continues to take the world by storm based on the notable adoption and trading volume witnessed.  Data analytic firm IntoTheBlock explained:  “The total volume traded by NFTs has recently surpassed 18m ETH with an aggregate value of more than $54b.”  From the above chart, the total volume traded by NFTs stood at $16.94 billion on January 1, 2022, rising by 220% to hit the current $54.33 billion. Therefore, the NFT trading volume has grown exponentially from the beginning of the year.  Furthermore, NFT collections in the Ethereum (ETH) network have risen in 2022. IntoTheBlock noted:  “The number of NFT collections in ETH has increased by 104.5% in 2022. There are now a total of 80,300 collections.”  Nevertheless, the adoption of NFTs is still in the early stages. IntoTheBlock pointed out:  “The NFT adoption curve is just starting. Roughly only 4.5% of the ETH addresses with a balance are NFTs holders.”  NFT market expected to grow by $147.24 billion by 2026  According to a study by market research provider ReportLinker, the NFT market is anticipated to grow by 147.24 billion during the 2022-2026 forecast period, representing a compound annual growth rate (CAGR) of 35%.   Per the report:  “The growing number of big brands entering the market,

2022-04-19Malalim na Pagsisid

Hacking Costs Beanstalk Stablecoin Protocol $80M

Beanstalk, a developing Ethereum stablecoin system, has emerged as the latest blockchain business to experience a hacker intrusion, resulting in a catastrophic $80 million loss from the platform.  Peckshield, a blockchain security and data analytics firm, originally reported the attack on Twitter before confirming it.  The Beanstalk Farms team acknowledged the attack and stated that it is investigating the situation and would notify the community as soon as feasible. While Peckshield estimated the loss to be roughly $80 million, it included an allowance that may effectively increase the losses. It is estimated that a total of 24,830 ETH and 36 million BEAN tokens were lost.  Hacks and exploits have become prevalent, particularly in Decentralized Finance (DeFi) protocols. This year, the value of cybercrime employing these protocols has surpassed $1 billion, and further exploits are suspected to be in the works. The Beanstalk team stated that they are in communication with as many partners as possible, and an appeal has been issued in a second tweet to Centralized Exchanges to assist in limiting the attackers ability to use the monies stolen.  “Were engaging all efforts to try to move forward. As a decentralised project, we are asking the DeFi community and experts in chain analytics

2022-04-19Malalim na Pagsisid

Ang Ethereum Foundation Ngayon ay May Hawak na $1.6 Bilyon Sa Mga Asset Sa kabila ng Pagtapon ng ETH Sa All-Time High ⋆ ZyCrypto - BitcoinEthereumNews.com

Ang Ethereum Foundation, ang non-profit na organisasyon sa likod ng pinakamalaking network ng smart contract, ay naglabas ng detalyadong ulat sa pananalapi noong 2021. Bagamat ito ay halos hindi nagbabasa ng oras ng pagtulog, binabalangkas ng ulat ang halaga ng pera na ginugol ng non-profit sa pananaliksik at pag-unlad habang naghahanda ito para sa Pagsamahin pati na rin ang mga kasalukuyang treasury holding nito pagkatapos ibenta ang ETH sa pinakatuktok.  Ang Ethereum Foundation ay Nagmamay-ari ng Halos 0.3% Ng Buong ETH Supply  Ang 28-pahinang ulat ng Ethereum Foundation noong Lunes ay naglalayong palakasin ang transparency at ibahagi ang pananaw nito sa mga investor ng ethereum. Ang ulat ay nagpapahiwatig na ang kabuuang pag-aari ng organisasyon ay umabot sa $1.6 bilyon noong Marso 31, 2022. Ang pinakamalaking bahagi ng treasury ay nasa crypto, habang $300 milyon lamang ang nasa non-crypto currency investments.  Ang Foundation ay may nakakaakit na $1.3 bilyon na hawak sa ETH, na bumubuo ng halos 0.3% ng kabuuang supply ng ethereum. Ipinaliwanag ng ulat na sumusunod sila sa isang konserbatibong patakaran sa pamamahala na ginagarantiyahan na ang organisasyon ay may sapat na mga mapagkukunan upang pondohan ang mga layunin nito kahit na sa isang mahabang panahon ng pagwawasto sa merkado.  Ang isa

2022-04-19Ethereum

Twitter's 'The Rights Plan' Responds to Elon Musk's Takeover Bid

In the latest twist in the relationship between Tesla CEO Elon Musk and microblogging network Twitter, Twitters board of directors has voted to activate the Rights Plan in response to Musks $43 billion proposal to buy over the platform and take it private.  The announcement was made last Friday to the US Securities and Exchange Commission.  The Rights Plan, colloquially known as the Poison Pill, is a defensive tactic used by businesses in the event of a hostile acquisition. Its been around for decades and has been proven to work. The technique is being used to counter Musks unsolicited acquisition proposal.  When an individual or corporation, in this example, Musk, buys more than a 15% ownership in a deal that has not been approved by the board, Twitter is forced to flood the market with its shares without its permission. As a result, shareholders can acquire more shares at a bargain while also neutralizing his shares and maintaining the board in control in the event of an unsolicited takeover. The strategy will be in effect until April 14, 2023.  The boards approach will reduce the likelihood of an individual or company gaining control of the platform through open market accumulation without paying a control

2022-04-19Malalim na Pagsisid

5 Best Cheap Cryptocurrency to Buy - April 2022 Week 4 - BitcoinEthereumNews.com

While LBLOCK is down by 79% since reaching an all-time high of $0.00974554 on February 17, its also up by 350% since launching at the end of January.  LBLOCK is the native token of the Lucky Block lottery platform, which runs on Binance Smart Chain. It‘s due to hold its first ever draw later this month, at which point draws will become regular. Users can participate in each draw by buying tickets with LBLOCK, with winers taking home 70% of each draw. Additionally, all holders of LBLOCK will receive an equal share of 10% of each draw’s fund.  While Lucky Block has witnessed a few delays in getting started, it has nonetheless grown quickly. It now counts over 50,000 holders of its LBLOCK token, which reportedly reached a $1 billion market cap faster than any other coin to date.  Quick wrap-up of Lucky Block achievements:  ????Pre-sale sold outn????Amazing #PancakeSwap ilunsadn????Fastest-ever growing crypto in the history (hitting $1 billion market cap)n????50k holders in less than 3 months  Make sure you follow us to stay up to date!????https://t.co/BaFMLsga6t  — Lucky Block ???? (@luckyblockcoin) Abril 17, 2022  Lucky Block is now waiting on the full launch of its mobile apps before holding its first draw. These should arrive soon, with

2022-04-19Industriya

Self-regulatory organizations growing alongside new US crypto regulation - BitcoinEthereumNews.com

As adoption takes off, the crypto industry is exerting increasing influence on American society. This can be seen in its lobbying efforts and political action committees, halimbawa, pati na rin its own organizational efforts, such as forming business associations that promote crypto at the state, regional and national levels. Yet another way crypto is influencing society is through self-regulation.  The broader impact of self-regulation may be less apparent than when a PAC finances a political campaign or a startup is nurtured in a crypto industry-sponsored accelerator, and that limited visibility probably reflects the extent of the influence of self-regulatory organizations (SROs) at present. But SROs are helping shape the crypto industry itself, and they may eventually have a role in the crypto regulatory framework that is begining to come out of the United States federal government.  Getting started self-regulating  The first crypto SROs formed outside the United States, and the Virtual Commodity Association, iminungkahi by Gemini in March 2018, is considered the first attempt to create one in the United States. The VCAs stated misyonero is “to establish an industry-sponsored, self-regulatory organization (SRO) designation for U.S. cryptocurrency marketplaces to oversee virtual commodity marketplaces.” To that end, it formed as a working group, with

2022-04-19Industriya

Terra’s UST Had Surpassed BUSD As Such Third Highest Famous Stablecoin - BitcoinEthereumNews.com

The data also shows that UST has been on a parabolic rise since mid-November, with a 525 percent increase in market cap since then. Although possessing a higher market capitalization than BUSD, UST trades in far smaller volumes, with Binance‘s stablecoin seeing $2.26 billion over trading activity in the last 24 hours compared to UST’s $431.79 million.  Bullish statements, like the rest of the crypto market, haven‘t done anything to boost the price of LUNA recently. The token’s price has dropped 12.4% in the last 30 days to $77.31, and it has dropped 34.4 percent since hitting an all-time high of $119.18 on April 5.  UST‘s entire market capitalization has increased by 15% in the last 30 days, to $17.5 billion at the time of writing, according to CoinGecko. Following trading places with BUSD, which has a significantly reduced market valuation of $17.46 billion, UST is the world’s third stablecoin.  The market capitalization of the United States dollar has risen to equal that of the British pound. However, it barely accounts for about a fifth of the value of the Binance digital dollar in terms of the trading volume. Terra USD (UST), the Terra blockchain‘s algorithmic stablecoin, has surpassed Binance USD (BUSD) to

2022-04-19Industriya

Nananatiling Mapanghamon ang Teknikal na Sentiment ng BTC/USD: Teknikal na Pagsusuri ni Sally Ho 19 Abril 2022 BTC - BitcoinEthereumNews.com

Bitcoin (BTC / USD) naghintay sariwang damdaming teknikal maaga sa Asyano session habang tinitingnan ng pares kung makakagawa ito ng a mapagpasyang pahinga mula nitong kamakailan orbita sa paligid ng 40000 na pigura. Kamakailan nagbebenta ng presyon sa ibaba ilan teknikal na makabuluhang mga antas ng retracement mayroon challenged BTC/USD, na nagreresulta sa isang kamakailang 18% pullback. Kamakailan kamag-anak na mataas sa paligid ng 48240 level nagbigay daan sa mas malakas na selling pressure sa paligid ng 47469, 44000, 43443, at 41570 mga lugar, pababang presyon na nakita ang pares na sumuko kalahati ng maraming linggo mga nadagdag ito tallied mula noong trading bilang mababa bilang 32933.33 lugar sa huling bahagi ng Enero. Kamakailan kamag-anak na mababa naging makatarungan sa ibaba ang 39363 lugar, a antas na kumakatawan sa a layunin ng pababang presyo nauugnay sa nagbebenta ng presyon sa paligid ng 47469.40 mga lugar Karagdagan mga layunin ng pababang presyo isama ang mga 39068, 38832, 38602, 38333, 38062, 37958, 37450, 37151, 37032, 36940, 36302, at 35995 antas ng.  Nakita ang kamakailang aktibidad ng presyo BTC / USD pagsusulit ang 38780.48 lugar, a antas na kumakatawan sa 61.8% pagbawi ng pagpapahalaga saklaw mula 32933.33 sa 48240. Ito kamag-anak mababa ay makatarungan

2022-04-19Bitcoin

Pagsusuri ng Presyo ng BTC, ETH at XRP para sa Abril 18 - BitcoinEthereumNews.com

Nangungunang mga barya sa pamamagitan ng CoinMarketCapBTC / USD  Bitcoin (BTC) has fallen the least today, going down by 4.28% over the last 24 hours.  Tsart ng BTC / USD ng TradingView  Bitcoin (BTC) has dropped below $ 40,000, having confined the local bearish trend. The price decreased has been accompanied by increased selling volume, which means that there is a high chance to see a further downward move. In this case, there is a chance to see the test of the $38,000 mark soon.  Ang Bitcoin ay nakikipagkalakalan sa $ 39,378 sa oras ng pagpindot.  ETH / USD  Ethereum (ETH) is following the decline of BTC, declining by 6.79% since yesterday.  Tsart ng ETH / USD ng TradingView  Ethereum (ETH) has also dropped the psychological mark of $3,000 on the daily chart. At the moment, one needs to pay close attention to the nearest support level at $2,774. If buyers can hold, one can expect a bounceback to $3,000-$3,200. In another case, the breakout may lead to the rate of $2,300 per ETH.  Ang Ethereum ay nakikipagkalakalan sa $ 2,925 sa oras ng pagpindot.  XRP / USD  XRP is the biggest loser from the list, falling by almost 7%.  XRP / USD tsart ng TradingView  After a failed attempt to get to

2022-04-18Ethereum

Schwab Shares Tumble as Profit Misses Estimates on Trading Slump - BitcoinEthereumNews.com

KabuhayanSchwab Shares Tumble as Profit Misses Estimates on Trading Slump04 / 18 / 2022Balita ng Ethereum ng Bitcoin  (Bloomberg) — Charles Schwab Corp. fell the most in more than two years after first-quarter profit and revenue missed analysts estimates.  Karamihan Basahin mula sa Bloomberg  For the three months ended in March, adjusted earnings per share came in at 77 cents, the Westlake, Texas-based company said in a statement Monday. That fell short of the 84-cent estimate of analysts surveyed by Bloomberg.  Customers placed 6.58 million daily average trades in the first quarter, a decline of 22% from the year-ago period, which included a surge in trading activity across the industry, amid the investor rush into meme stocks. Net revenue of $4.7 billion also came in slightly below consensus estimates of $4.8 billion.  Schwab slid 9.4% to $74.99 at 10:52 a.m. in New York, extending this years decline to 11%.  Retail trading has surged in recent years after brokers including Schwab cut commissions to zero and market swings during the pandemic created hordes of new at-home investors. But the most frenzied activity has abated: about 17% of U.S. equity trading volume came from retail investors by early March, down from a peak of 24% in the first

2022-04-18Industriya
1
...
950952
...
1000