Balita sa Industriya ng Crypto at Market Trends

Compound arrive on Arbitrum, L2 of Ethereum

Balita sa Crypto: Compound Finance has announced that it will expand onto Arbitrum, L2 of Ethereum, with a clear intent in implementing its services in DeFi.　　Nasa ibaba ang lahat ng detalye.　　As anticipated, Compound Finance announced that it is implementing its latest iteration on the popular arbitrasyon solusyon sa scaling.　　As a result, lending and borrowing inactive cryptocurrencies is becoming cheaper.　　Compound, which is one of the original decentralized finance (DeFi) products, allows users to lend and borrow various cryptocurrencies. The platform was also one of the first to experiment with so-called ani ng bukid, distributing its native COMP token to platform users in 2020.　　The token currently trades at $ 34.7. Arbitrum, on the other hand, is the industrys largest layer-2 scaling solution by total value locked (TVL), per data from L2 Beat.　　Compared to other popular Ethereum scaling solutions, such as Pag-asa sa mabuting ibubunga or zkSync, Arbitrum is superior with as much as $5.8 billion. However, Compounds implementation on Arbitrum is limited to a few cryptocurrencies, such as Ethereum (ETH), Arbitrum, Balot ng Bitcoin (WBTC), at GMX, the token that powers the decentralized exchange of the same name.　　Thats because the latest iteration of the project, called V3, is optimized to manage risk

2023-05-18Ethereum

Taproot Assets Upgrade to Alleviate Bitcoin Congestion Revealed

Bitcoin Lightning Network (LN) developer Lightning Labs has announced Taproot Assets v0.2. The upgrade provides a more efficient method of minting assets on the blockchain following the BRC-20 network mayhem last week.　　On May 17, Lightning Labs announced the latest release of the Taproot Assets Protocol, formerly known as Taro.　　Taproot Assets v0.2 “provides the core set of features for developers looking to issue, send, receive, and discover assets on the Bitcoin blockchain,” it stated.　　Furthermore, the protocol was designed to operate maximally off-chain. This was specifically implemented to avoid the blockchain congestion that occurred last week.　　Taproot Assets to Solve Scaling Problems　　The developers acknowledged that in its current form, the BTC network is not scalable:　　“While the excitement around building on Bitcoin is encouraging, the fee markets response has indicated that these protocols are not designed for scale.”　　The latest release enables the minting or moving of an unbounded number of assets in a single on-chain transaction.　　Users will also soon be able to integrate their assets into the Lightning Network for faster and cheaper transactions.　　The upgrade leverages existing network effects and negates the need to “bootstrap a new ecosystem from scratch,” it noted. The announcement concluded that as adoption grows, it should alleviate the blockchain

2023-05-17Bitcoin

Long-term Bitcoin holders sell nearly 50K BTC – marking 2023 high

Pangmatagalan Bitcoin (BTC) holders sold nearly 50,000 BTC on May 15, setting a record for such sales this year.　　This measure represents revived supply or the amount of the Bitcoin supply that has re-entered circulation after remaining untouched.　　Addresses that held Bitcoin for more than one year sold 18,000 BTC on May 15 — while addresses that held Bitcoin for more than two years sold 17,000 BTC. Addresses that held Bitcoin for more than three years sold 17,000 BTC.　　Revived Supply: (Source: Glassnode)　　Bitcoin has seen higher revived supplies in the past months. Notably, it saw revived supplies of 110,000 BTC and 95,000 BTC in November 2022, representing sales of $2 billion and $1.6 billion, respectively. Bitcoin also saw a revived supply of 100,000 BTC in June 2022, representing sales of approximately $2.4 billion.　　Bitcoin currently has a higher market value than it had in those months, meaning that its latest revived supply (50,000 BTC) is worth more than $1 billion. It is, therefore, close to past revived amounts in terms of dollar value.　　The post Long-term Bitcoin holders sell nearly 50K BTC – marking 2023 high appeared first on CryptoSlate.

2023-05-17Bitcoin

Coinbase May Face Strong Actions From The SEC

Tech　　Maaaring Harapin ng Coinbase ang Matitinding Aksyon Mula sa SEC　　12 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　According to Coindesk, a report on Monday by Berenberg suggests that the SEC will soon take action against Coinbase, similar to what it did with Bittrex and Kraken.　　In mid-February, Kraken Crypto Exchange “immediately” terminated its crypto staking service platform for US customers and paid $30 million fees to SEC, to which they offered unregistered securities.　　In mid-April, the SEC charged crypto asset trading platform Bittrex, Inc. and co-founder and former CEO William Shihara for running an unregistered national stock exchange, brokerage, and clearing agency. The SEC also charged Bittrex, Inc.‘s foreign arm, Bittrex Global GmbH, for failing to register as a national stock exchange in connection with operating a single common order book alongside Bittrex. On May 8, the exchange declared bankruptcy following the SEC’s allegation.　　Coinbase (COIN) will soon be the target of enforcement action from the Securities and Exchange Commission (SEC), which may reflect the regulator‘s activities against cryptocurrency exchanges. Bittrex and Kraken are electronic competitors, according to Berenberg’s research study from Monday.　　Berenberg estimates that at least 37% of Coinbases $736 million in first-quarter net revenue came from transaction fees and spreads posted by

2023-05-17Industriya

Celsius adds nearly 429K stETH to Lido’s lengthening withdrawal queue

Tech　　Ang Celsius ay nagdagdag ng halos 429K stETH sa pagpapahaba ng pila ng withdrawal ni Lido　　13 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Bankrupt crypto lending firm Celsius is anxious to get its staked Ether (ETH) stash back from liquid staking platform Lido which enabled withdrawals this week.　　Celsius initiated the process of withdrawing its Lido Staked ETH (stETH) from the protocol. According to transaction data it has requested the withdrawal of 428,840 stETH in batches of 1,000.　　The stash is valued at approximately $784.7 million at current prices. The move follows a transaction of a similar amount of stETH on May 15 in preparation for withdrawal.　　Once the withdrawal process is complete, Celsius will receive the equivalent in Ethereum and the stETH tokens will be burnt by Lido.　　According to Dune Analytics, the cumulative amount of stETH in the withdrawal queue is 442,000 from 141 requests. It is valued at around $808 million though Celsius is responsible for the majority of it. The total amount already processed is 629 ETH, according to Dune.　　On May 16, Lido stated it had enough ETH in its buffers to absorb the requests.　　At time of writing the Lido protocol has ≈440,000 ETH available in the protocol buffers.　　However, larger numbers

2023-05-17Industriya

Stacks is Predicted to Drop to $0.555962 By May 22, 2023

Pananalapi　　Ang mga stack ay Hinulaang Bumaba sa $0.555962 Pagsapit ng Mayo 22, 2023　　6 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Stacks is up 3.09% today against the US Dollar　　STX/BTC increased by 3.35% today　　STX/ETH increased by 2.56% today　　Stacks is currently trading 17.00% above our prediction on May 22, 2023　　Stacks dropped -23.63% in the last month and is up 15.78% since 1 year agoPresyo ng stacks$0.650487Stacks prediction$0.555962DamdaminFear & Greed indexMga pangunahing antas ng suporta$0.626966, $0.615102, $0.606163Mga pangunahing antas ng paglaban$0.647770, $0.656709, $0.668573　　STX price is expected to drop by -14.53% in the next 5 days according to our Stacks price prediction　　is trading at $ 0.650487 after gaining 3.09% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 2.55% in the same time period. STX performed well against BTC today and recorded a 3.35% gain against the worlds largest cryptocurrency.　　According to our Stacks price prediction, STX is expected to reach a price of $ 0.555962 by May 22, 2023. This would represent a -14.53% price decrease for STX in the next 5 days.　　STX Price Prediction Chart　　Buy/Sell Stacks　　What has been going on with Stacks in the last 30 days　　Stacks has been displaying a negative trend recently,

2023-05-17Industriya

Pagsusuri sa Presyo ng Tron (TRX): Higit pang Mga Nadagdag na Posibleng Higit sa $0.072

Tech　　Pagsusuri sa Presyo ng Tron (TRX): Higit pang Mga Nadagdag na Posibleng Higit sa $0.072　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Makuha ang Iyong Unang Bitcoin Sign up at makakuha ng $12 na Bonus na Referral na bonus hanggang $3,000　　Mag-sign up　　Nagsimula ang presyo ng Tron ng bagong pagtaas mula sa antas na $0.0672 laban sa US Dollar.　　Ang presyo ng TRX ay nakikipagkalakalan na ngayon sa itaas ng $0.0700 at ang 55 simpleng moving average (4 na oras).　　There was a break above a key bearish trend line with resistance near $0.0695 a major bullish trend line forming with support near $0.0685 on the 4-hours chart (data feed via Kraken).　　Ang pares ay maaaring magpatuloy na umakyat kung masira nito ang $0.072 resistance zone.　　Pagsusuri ng Presyo ng Tron　　Sa nakalipas na ilang session, nagsimula ang presyo ng Tron ng disenteng pagtaas mula sa $0.0670 support zone laban sa US Dollar. Ang presyo ng TRX ay nanatiling mahusay na bid at nagawang umakyat sa itaas ng $0.0688 na sona.　　It traded above the $0.0692 and $0.0695 levels to move further into a positive zone. Besides, there was a break above a key bearish trend line with resistance near $0.0695 a major bullish trend line forming with

2023-05-17Industriya

Top Trader Predicts Rallies for Ethereum and Broader Altcoin Markets – But There’s a Catch

crypto Ethereum　　Ang Nangungunang Mangangalakal ay Hinulaan ang Mga Rali para sa Ethereum at Mas Malapad na Altcoin Markets – Ngunit May Mahuhuli　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　A closely followed crypto strategist is predicting a burst to the upside for Ethereum (ETH) and the altcoin markets in general.　　Pseudonymous analyst Credible tells his 340,600 Twitter followers that he believes Ethereum is gearing up for a strong rally.　　Although Credible is currently bullish on ETH, he says that the top altcoin will likely witness a significant retracement after hitting his target.　　According to Credible, his view on Ethereum reflects his outlook on the broader altcoin markets.　　Looking at the traders chart, he appears to predict an Ethereum surge to above $2,000 before it corrects all the way down to around $1,500.　　Sa oras ng pagsulat, ang ETH ay nakikipagkalakalan sa halagang $1,809.　　As for Bitcoin (BTC), Credible still holds the contrarian view that the crypto king will likely print fresh all-time highs this year.　　Sa oras ng pagsulat, ang Bitcoin ay nakikipagkalakalan sa halagang $26,944.

2023-05-17Ethereum

Ethereum Rises Above $1,700 But Remains Range Bound

The Ethereum price (ETH) has climbed above the $1,700 support level after a price decline on May 11.　　Pangmatagalang pagsusuri ng presyo ng Ethereum: bearish　　Since the price decline on May 11, the largest altcoin has fluctuated between $1,700 and $1,880. At the time of writing, the Ether price is hovering around $1,807. The upside momentum will encounter resistance near the $1,880 high or the moving average lines. Ether price will resume its uptrend if it rises above the moving average lines. Buyers have maintained the current downside support. The extended end of the May 12 candle indicates active buying at reduced prices. The trend within the trading range will continue until Ether experiences a price recovery or breakout in the meantime.　　Pagsusuri ng mga tagapagpahiwatig ng Ethereum　　On the Relative Strength Index for period 14, the largest altcoin is at level 43. The RSI has not moved due to the consolidation above the support at $1,700. The price bars are currently below the moving average lines as Ether fluctuates in a range. Ether is moving up above the daily stochastic level of 80. The altcoin has moved into the overbought zone of the market and could fall.　　Teknikal tagapagpahiwatig:　　Mga antas ng pangunahing paglaban -

2023-05-16Ethereum

Ethereum yields set to skyrocket in new crypto cycle – Cryptopolitan

crypto Ethereum　　Ethereum yields set to skyrocket in new crypto cycle – Cryptopolitan　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　As the world grapples with the relentless squeeze on traditional banking yields, the digital universe presents an enticing alternative. Ethereum, a leading player in the cryptosphere, is set to witness a surge in yields, attracting attention from investors worldwide.　　The persistent pressure on zero-yield bank deposits shows no signs of abating. As a result, Ethereum yields are poised to become the new attractive destination for investors. Currently, investors are fleeing bank deposits for U.S. Treasury money markets.　　However, as the Ethereum yield economy becomes more mainstream, analysts Gautam Chhugani and Manas Agrawal of Bernstein predict an upswing in demand for ETH deposits and ETH yields.　　The duo emphasizes that in the “hierarchy of yields,” money market yields, particularly at peak rates, are typically the preferred choice for investors. However, these yields are denominated in U.S. dollars, a fiat currency base.　　By contrast, Ethereum provides an innovative alternative with its yield denominated in ETH, a deflationary cryptocurrency, thus offering investors a potential safeguard against fiat currency depreciation.　　A critical component driving ETH yields is the increasing activity within the Ethereum ecosystem. Retail and institutional investors alike are contributing

2023-05-16Ethereum

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