9,000 NFTs To Be Released By George Floyds Brother To Honor Justice Day. - BitcoinEthereumNews.com

Terrence Floyd, brother of George Floyd, has collaborated with Confront Art to create 9,000 Non-Fungible tokens (Mga NFT) to commemorate today April 15, which is regarded as Justice Day. Following the death of George Floyd in 2020 – due to the brutal treatment by Mineapolis Cop, Derek Chauvin – waves of protests erupted across the country under the “Black Lives Matter” movement. It is regarded as one of the largest in American history, with over 15 million people taking part.  Two years later and the protests have subsided, Mr. Terrence Floyd continues to advocate against racism and social injustice. He is the founder and leader of the We are Floyd Inc, a non-profit organization committed to fighting for human rights and social justice.  This latest effort of his comes as a partnership with Confront Art, a group that supports social justice causes through art expressions. Together, they will be putting up 9,000 NFTs for sale on mintNFT.com to celebrate April 15 – tagged Justice Day. The money generated via the sale of these NFTs will be disbursed to support the We are Floyd Organisation and two other charities namely: The Breona Taylor Foundation, and the John and Lillian Miles Lewis Foundation.  NFTs as

2022-04-17Industriya

DeFi Stablecoin Platform Beanstalk Suffers ~$80M Hack - BitcoinEthereumNews.com

Lossless (LSS) has reached out to Beanstalk; the project is an increasingly-utilized tool to combat against potential hacks. | Source: LSS-USDT on TradingView.comMga Kaugnay na Pagbabasa | Ang Bitcoin ay Kumakapit Sa $40K Sa Linggo ng Pagkabuhay Habang Nakikitang Bumababa ang Crypto Sa Maikling Panahon  Can The Protocol Recover?  Just days ago, Beanstalk was celebrating over $150M in TVL, over $130M in liquidity, and a rapidly approaching market cap of $100M that was impending. The protocol has had to pump the brakes, and its future is now unclear – with a stark Discord screenshot from admins:  How the protocol recovers from here will be difficult to predict. Additional Discord screenshots show that the project is not shutting down immediately, but is also not committing towards an eventual re-build:  Crypto hack mitigators Lossless have reached out and Beanstalk will likely need strong partners to recover from this. Commentors on Beanstalk‘s Twitter account have speculated that it was an ’inside job‘ conducted by Beanstalk to leave retail as exit liquidity. However, until more details come to light, it’s all speculation.  We‘re engaging all efforts to try to move forward. As a decentralized project, we are asking the DeFi community and experts in chain analytics to help us

2022-04-17Industriya

Solanas far too many red flags too much for this exec - BitcoinEthereumNews.com

Pinagmulan: CryptoSlam  Despite all the criticisms, however, Solana officials are certain of the quality of the blockchain. They believe they don‘t have to do anything that “sells the vision of the ’execution layer for everything very short,” Nagtalo Solana Labs Co-Founder Raj Gokal.  Solana‘s growth has fueled a host of predictions, with Gavin Smith, General Partner at Panxora Crypto, zeroing in on $250 based on SOL’s potential.  “We think that SOL is one of a few smart contract-based blockchains that have the technical architecture that will be difficult for Ethereum to compete with on the basis of transaction speed and transaction cost. For smart contract usage, especially in DeFi, these factors are a critical success indicator.”  According to FTXs Sam Bankman-Fried,  “Solana has a shot at becoming one of the core layers on which most financial and informational transfers happen between applications in a natively Web3 world.”

2022-04-17Industriya

Luna Foundation Guard got a gift of 10M Luna from Terraform Labs - BitcoinEthereumNews.com

Terraform Labs (TFL), a Terra (LUNA) blockchain developer, has given the Luna Foundation Guard 10 million LUNA, which is worth roughly $820 million at current pricing.  The Luna Foundation Guard (LFG) is a Terra-affiliated foundation entrusted with collateralizing Terra USD (UST), the networks algorithmic stablecoin, in order to maintain it linked to the US dollar.  Terraform Labs‘ most recent anouncement was made on Twitter on April 14, however, it did not specify what the funds will be used for. However, Terra Finder transaction data suggests that the LFG’s reserve wallet was quickly depleted of 7.8 million LUNA (about $630 million) yesterday.  Where is funding used in?  The Luna Foundation Guard has received another 10 million LUNA tokens from Terraform Labs, following a $1.1 billion gift last month.  Following a $1.1 billion pledge last month, Terraform Labs has given the Luna Foundation Guard additional 10 million LUNA tokens, which is currently valued at $820 million.  Terra USD (UST), the networks algorithmic stablecoin, is collateralized by the Luna Foundation Guard (LFG), a Terra-affiliated foundation tasked with keeping it conected to the US dollar.  The most recent anouncement from Terraform Labs was published on Twitter on April 14, however, it did not indicate what the funding will be utilized for.  The

2022-04-17Industriya

Green Metaverse Token (GMT) price analysis: sellers try to break the $2.0 support without success - BitcoinEthereumNews.com

Source: Coin360  The GMT coin has traded in 2.16 -2.28 in the past 24 hours. The total volume traded was worth over 7.0 million. The price is trading above the 50-day and 200-day simple moving averages.  Source: Tradingview  The SMA 200 indicator is currently slightly above the price, indicating that the long-term trend is still bearish. However, the SMA 50 indicator has crossed above the SMA 200 indicator, which is bullish and indicates that the short-term trend is now starting to turn positive.  The current market conditions indicate that the GMT coin is in a bearish trend in the short term, but the long-term trend is still bullish. Investors should tread with caution and wait for a breakout before making any decisions.  GMT coin hilarious 31,000 percent increase in a month!  This is no joke; the STEPN Green Metaverse Token (GMT) has seen a 31,000% increase in value since its token sale on Binance Launchpad last month. That‘s an insane return on investment, and if you were lucky enough to get your hands on some GMT tokens, you’re probably feeling pretty good about yourself right now.  Of course, it‘s always possible that the value of GMT could drop just as quickly as it rose. So if you’re

2022-04-17Industriya

Elon Musk Wants Twitter; ETH 2.0 Shadow War - BitcoinEthereumNews.com

During the week, Ethereums first mainet shadow fork went live, bringing the network closer to the transition to Katunayan-ng-Stake. To date, the shadow fork merge has processed over 1.5 million transactions and has an average block time of 13.8 seconds.  “We‘re very close to a historical event. We’re testing PoS on Ethereum. Today will be the first mainet shadow fork ever. Were roughly 690 blocks (~2 h) away from TTD,” Marius Van Der Wijden, a leading Ethereum developer shared to Twitter.  With the conclusion of the mainet shadow fork, the devs have lined up another on the 22nd of April. The upcoming shadow fork will offer clarity regarding the timeline of the actual merge that would see the network leave the Proof-of-Work consensus mechanism behind.  Jack Dorseys NFT tweet  Jack Dorseys NFT tweet that garnered $2.9 million last year, has failed to hit stellar numbers after it was relisted for sale. The bids for the NFTs amounted to just 7 with the highest bid being for a paltry $280 despite having an opening bid fixed at $48 million.  The NFT was purchased in March 2021 by Sina Estavi, the founder of two cryptocurrency firms in Malaysia. Estavi stated that he would donate 50% of the

2022-04-17Ethereum

Todays Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits – Mining Bitcoin News - BitcoinEthereumNews.com

As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per day in profits. SHA256 bitcoin miners that can process at speeds up to 110 terahash, can obtain $13.74 per day in bitcoin profits.  Crypto Miners Continue to Gather Profits, Top Ethereum Mining Rig Can Get an Estimated $51 per Day in Profit  Ang presyo ng bitcoin (BTC) is still down roughly 40% since the crypto asset‘s all-time high (ATH) and ethereum (ETH) has lost 37% against the U.S. dollar since the cryptocurrency’s ATH. Despite the drop in value, bitcoin and ethereum miners are still making decent profits as both networks have seen their hashrate reach ATHs in 2022.  Bitcoin‘s hashrate has been runing high above 200 exahash per second (EH/s) and Ethereum’s hashrate is 1.12 petahash per second (PH/s). In mid-April 2022, the most profitable crypto asset to mine between both leading crypto assets is ethereum.  The top ethereum miners (ETH) in mid-April 2022.  For instance, a single Inosilicon A11 Pro ether mining rig, that processes the Ethash algorithm at 1.5 GH/s with electric costs

2022-04-17Ethereum

Bitcoin, Ethereum, Shiba Inu, at Cronos na Pang-araw-araw na Pagsusuri sa Presyo – 17 Abril Morning Presyo Prediction - BitcoinEthereumNews.com

Source: TradingView  Ang kamakailang data para sa Bitcoin ay nagpapakita na ito ay bumaba ng 0.02% sa nakalipas na 24 na oras. Ito ay ang resulta ng katatagan dahil sa Pasko ng Pagkabuhay na ang lingguhang pagkalugi para sa Bitcoin ay nabawasan sa 5.17%. Habang ang mga pagkalugi ay patuloy na bumababa, ang halaga ng presyo ay patuloy na matatag.  Source: TradingView  Ayon sa 24 na oras na pagganap nito, ang mga nadagdag para sa Ethereum ay humigit-kumulang 0.25%. Ito ay nagtatrabaho sa halaga ng buwanang pagkalugi. Posible ang pagbabago kung nagpatuloy ang bullishness, ngunit nakakita ito ng lag dahil sa pagtaas ng rate ng bearishness. Ang kasalukuyang halaga ng lingguhang pagkalugi ay humigit-kumulang 6.03%.  Ang halaga ng presyo para sa Ethereum ay nasa hanay na $3,050.24. Kung ihahambing natin ang halaga ng market cap, ito ay bumuti pagkatapos ng pag-agos ng kapital, at ito ay tinatayang $367,074,495,653. Kung titingnan natin ang 24-hour trading volume nito, ito ay magiging $8,514,926,070.  Ang SHIB ay nananatiling bullish  Nanatiling bullish ang Shiba Inu nitong mga nakaraang araw, at kitang-kita ang mga epekto mula sa pagpapabuti ng presyo. Ang data para sa huling 24 na oras ay nagpapakita na ang Shiba Inu ay nakakuha ng 0.30%. Kung ihahambing natin ang

2022-04-17Ethereum

A possible Ethereum [ETH] price reversal will have to count on the following - BitcoinEthereumNews.com

Pinagmulan: TradingView, ETH/USD  Since the altcoin brushed shoulders with its six-month low in late January, the buyers made their stance visibly clear by propelling higher peaks and troughs on ETHs daily chart. After obliging to its past inclinations, the crypto picked itself up from the 13-month trendline support (yellow, dashed).  Pinagmulan: TradingView, ETH/USD  The RSIs press time downtrend supported a bearish narrative. With a descending chanel trajectory, the buyers could expect a reversal from its immediate trendline support. A possible recovery on this index could reinforce a near-term selling setback.  With the CMF paving its southward route, the money volumes into the cryptos ecosystem took a significant plunge over the last two weeks. However, with the price action marking higher troughs, CMF undertook a hidden bullish divergence. This reading entailed the likely stall of the recent sell-off phase.  Also, as the Aroon down up (yellow) approached the zero-mark, the chances of bulls holding the $2,992-mark support were high.  Konklusyon  Considering the hidden bullish divergence on its CMF and a likely revival of its Aroon up, the buyers would likely uphold the immediate support. But, with the 20 EMA looking south, the POC would continue to pose hurdles as the alt continues its tight phase.  Furthermore, investors/traders need to

2022-04-17Ethereum

Ethereum post-merge staking rewards will likely be lower than anticipated - BitcoinEthereumNews.com

Ethereums(ETH) transition from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism — the so-called Merge — will not happen in June as many have hinulaang.  As iniulat by CryptoSlate on April 14, Ethereum core developers will not yet be ready for the merge before the end of the third quarter. The highly-anticipated merge will mark Ethereums transition to PoS, minimizing its energy consumption and making the network more secure and profitable to stake in.  Staking is one of the most awaited features of the post-merge Ethereum network.  According to IntoTheBlock, initial estimates claimed staking would give users between 12% and 15% in rewards. However, it seems like the percentage will be far lower after the Merge.  Significantly lower post-merge staking yields  Gayunpaman, ayon sa isang blog post by InteTheBlock, conditions have since changed, with on-chain metrics pointing to significantly lower staking yields once the merge takes place.  As of today, over 11.5 million ETH is staked — and locked — in the beacon chain staking contract, with the amount of staked ether continuing to grow as stakers anticipate not only the current reward rate of approximately 5-7% but especially the projected future 12-15% reward rate.  The amount of ETH locked represents approximately 9.5% of the entire

2022-04-17Ethereum
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