Marc Andreessen: Ethereum and Web3 Lead Bitcoin on Tech Innovation

Bitcoin Ethereum  Marc Andreessen: Ethereum and Web3 Lead Bitcoin on Tech Innovation  6 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Marc Andreessen, best known for co-founding web browser Netscape and Silicon Valley venture capital fund a16z, is still invested in the crypto industry, even though his expectations around Bitcoin didnt pan out.  In 2014, Andreessen hinulaang that the world would be talking about Bitcoin the same way they did about the internet. The tech investor may have now changed his mind somewhat, but is still heavy on the industry as a whole.  He told Reason Magazine in an pakikipanayam published Wednesday that, back then, he thought Bitcoin was a tech innovation that would develop to support several other applications just like the internet, but that it “basically stopped evolving.” He now has his sights set on Ethereum being at the core of transformation.  “What happened was a bunch of other projects emerged and took that place, and the big one right now is Ethereum. I would either say Ethereum instead of Bitcoin, or I would just say crypto or Web3 instead of Bitcoin,” he said.  According to the early Facebook investor, Web3 has all the features of the internet that people knew they wanted to have when

2023-02-11Ethereum

JPMorgan Estimates Ethereum Shanghai Upgrade Might Bring More Investors to Stake in the Protocol – News Bitcoin News

Bitcoin Ethereum  Tinataya ng JPMorgan ang Ethereum Shanghai Upgrade na Maaaring Magdala ng Higit pang mga Investor sa Stake sa Protocol – Balita Bitcoin News  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  JPMorgan, one of the biggest financial institutions in the world, estimates that the arrival of the next Ethereum upgrade, codenamed Shanghai, will bring more investors to stake their funds in the protocol. The firm believes that this number might reach 60% of the ether issued, a number already staked in other blockchain networks.  JPMorgan Expects Ethereum Shanghai Upgrade to Bring More Funds to the Network  A recent report by JPMorgan has revealed that the upcoming Shanghai upgrade, slated to be applied in March, might bring more capital to the network. The investment bank estimates that Shanghai will bring Ethereums stake percentage to the number of other popular proof of stake networks have, more than four times the ether currently staked.  Ang ulat ipinaliwanag:  Assuming the staking rate converges over time to the 60% average of other large networks, the number of validators could increase from $0.5 million to$ 2.2 million and the annual yield in ETH would fall from 7.4% today to around 5%.  14% of the issuance of ether is currently staked, and cannot

2023-02-11Ethereum

SEC Staking Crackdown Could be Positive For Decentralized ETH

blockchain Ethereum  SEC Staking Crackdown Could be Positive For Decentralized ETH  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  On Feb. 9, Gary Gensler and his SEC took aim at Kraken and its staking-as-a-service products. The regulator claims that the U.S. crypto exchange is offering unregistered securities through its staking services.  Consequently, Kraken suspendido staking-as-a-service, and crypto markets have nadulas.  On Feb. 10, popular analyst and trader Alex Krüger put a positive spin on the latest regulatory crackdown by Uncle Sam.  He said that a ban on staking, which the SEC is angling for, could push staking off-chain or overseas. This would decentralize Ethereum even further as would no longer be under the hammer of U.S. regulators.  Positive narrative spin for later: banning US exchanges/custodians from offering staking services pushes staking offchain or abroad = ETH is no longer centralized and under the grasp of US regulators.  Decentralized ETH is better ETH.  - Alex Krüger (@krugermacro) Pebrero 9, 2023  Ethereum Can Escape Clutches of US Regulators  Krüger went on to predict that the narrative could turn positive just as it did after China banned Bitcoin and the miner exodus further decentralized the network further.  “See this spin kicking in in a few weeks … similar to how it happened when China banned

2023-02-11Ethereum

Big Eyes Coin crypto to buy as Ethereum, tezos- The Cryptonomist

crypto Ethereum  Big Eyes Coin crypto to buy as Ethereum, tezos- The Cryptonomist  8 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  SPONSORED POST *  With such a wide variety of cryptocurrencies on the market, it can be hard to make a decision about which ones are worth investing your money in. Be it a token ranked in the top 10 by market cap that has existed in the market for years or something new with potential despite being unreleased. There is no way to know if your investment will prove to be profitable. The tide can change very quickly, and losses are inevitable, but finding a crypto where you can be confident in its consistency is a big deal. These following cryptos are three projects that have either proven their ability to maintain their growth or have shown incredible potential to do so in the future.  If you have even a surface-level interest in crypto, you have undoubtedly heard of Ethereum. It has held the second position at the top of the rank list of all crypto by market cap since 2018, and it is the picture of consistency. Unlike the only crypto, it is second to Bitcoin BTC), Ethereum isn‘t a cryptocurrency but rather

2023-02-11Ethereum

Crypto Market Sheds $40B as Bitcoin, Ethereum Prices Sink

Bitcoin crypto Ethereum  Crypto Market Sheds $40B as Bitcoin, Ethereum Prices Sink  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Bitcoin (BTC) fell another 4% over the day, changing hands around $21,830, according to data from CoinGecko.  The drop comes just a day after the leading cryptocurrency bumaba sa $23,000 on Thursday, hitting a daily low of $21,696 in the process.  The last time Bitcoin was trading at these levels was on January 20 amid the New Lunar Year bull run that eventually took the price of BTC over $24,000.  Ethereum (ETH), the industrys second-largest cryptocurrency, lost 5.4% in value over the day, currently trading around $1,545, with several other popular coins suffering even bigger losses over the past 24 hours.  Kabilang dito ang Kardan (ADA) at Dogecoin (DOGE), which shed 6.5% and 7% over the day, respectively.  Solana (SOL) is down 7.9% over the day, followed by Pagguho ng yelo (AVAX) at Polkadot (DOT), with the latter two losing 8.4% and 8.8% in value, respectively.  The combined market capitalization of all cryptocurrencies, which stood at $1.1 trillion yesterday, sank to $1.06 trillion at the time of this writing, per CoinGecko.  Kraken crackdown rocks crypto  The industry was rocked on Wednesday was the U.S. Securities and Exchange Commission (SEC) slapping crypto

2023-02-11Ethereum

Network Activity on Ethereum Is Up, With Uniswap Leading the Charge

Ethereum  Ang Aktibidad sa Network sa Ethereum ay Taas, Sa Uniswap Nangunguna sa Pagsingil  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum is entering its fourth consecutive week of deflationary issuance as activity on the network grows.  A deflationary issuance rate for cryptocurrencies means that the number of tokens being burnt is greater than the number of tokens being minted. This implies that the token is limited in supply compared to demand, giving the currency greater purchasing power.  Growing activity in decentralized platforms could indicate more people turning to DeFi after the collapse of its centralized competitors last year, Michael Bentley, CEO and co-founder of DeFi lending protocol Euler, told Blockworks.  “Sumusunod mga pag-upgrade ng protocol last year, Ethereum has an in-built fee burning mechanism that ensures that the more people transact on the network, the more ETH gets burned,” Bentley said.  At the time of writing, the annualized inflation rate for Ethereum currently sits at -0.01% according to information from ultrasound.pera.  “Theres so much activity on Ethereum in early 2023 that ETH itself is becoming more and more scarce, and has even recently become a deflationary asset,” Bentley said.  Over the past seven days, Uniswaps universal router has burned almost 2,500 ETH, taking the top spot in

2023-02-11Ethereum

This Whale Stirs Splashes, Leads to ETH Price Fluctuates

Ethereum  Ang Balyena na ito ay Gumagalaw, Nagreresulta sa Pagbabago ng Presyo ng ETH  4 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum has gained over 40% since December 2022.  Activities from a suspicious wallet appear to be the reason behind this.  Amid the crypto market recovering from the FTX fiasco, leading coins witnessed price surges, and altcoins followed to form a relief rally. Many observers find different factors to attribute to the soaring price of the assets—whale activities are crucial.  Is Vitalik Buterin Behind This Whale Wallet?  Whales always held a few strings to drive the market per their whim. One such whale wallet worth $10 billion was observed to create some splashes in the crypto market. The whale wallet 0x50F…e17 was observed to become active around when the FED sat down to ponder the interest rate to curb inflation.  The pattern observed in the movement was unique, and many speculate it influenced the crypto market. The wallet is observed to hold USDC, and after converting it to USDT, it opts for exchanges like Coinbase and Kraken to trade in Ethereum (ETH). Coincidentally, ETH has taken a path of price rally whenever this movement has occurred.  The whale wallet uses multiple other subsidiary wallets 0x93c…Ff53, 0x6af…87a1, 0x4AF…95E8, 0x561…63F5,

2023-02-11Ethereum

ETH Faces Tremors This Week, Will It Go Beyond Resistance 1?

Ethereum  Hinaharap ng ETH ang mga Panginginig Ngayong Linggo, Lalampas Ba Ito sa Paglaban 1?  Balita ng Ethereum ng Bitcoin  Crypto Tony claimed that ETH was rejected again from the supply zone.  Ethereums native token is currently above the 200 EMA, which could indicate a bull run.  Indicators show that there could be an unpredictable nature of ETH.  Taking to Twitter, popular crypto analyst, Crypto Tony, shared an update about the ETH/USD trading pair. The crypto analyst claimed that ETH was rejected again from the supply zone; moreover, advised investors that they need it to flip at the current level into the support for the long run.  When looking at the 4-hour chart, Ethereums native token is currently above the 200 EMA, however, it recently broke through the 50 EMA line, still within its range. While the start of the new year saw the start of a bull run, currently, ETH is fighting hard to remain in a bullish season.  Yesterday, ETH reached the Resistance 1 region, before traveling downwards to meet the 50 EMA. Before the current position, ETH observed two patterns, the double top, and the double bottom. While the double top provided an entry for ETH to be below the Resistance 1 region, the double

2023-02-10Ethereum

Aave Launches GHO Stablecoin on Ethereum Goerli Testnet

Ethereum  Inilunsad ni Aave ang GHO Stablecoin sa Ethereum Goerli Testnet  The system mandates that borrowers put up greater assets than the loans face value.  The GHO source has been released on Github for developers to review and test.  Aave has announced the launch of their native stablecoin, GHO, on the Ethereum Goerli testnet. Stablecoin, whose name is pronounced “GO,” is completely decentralized and entirely collateralized. The Aave Protocols system of minting via collateral guarantees that the oracle price of GHO will be pegged to the dollar at all times thanks to the nature of the protocol.  Over-collateralization is used by the Aave platform, a decentralized lending and borrowing platform, to protect user deposits. As a protection for the lender, this system mandates that borrowers put up greater assets than the loans face value. As a result, stablecoins may be issued with a low cost of capital. While yet being backed by an extensive portfolio of cryptocurrencies contributed by Aave users.  Founder and CEO of Aave, Stani Kulechev sinabi:  “With the support and management of the Aave community, GHOs decentralized stablecoin can power a payment layer that can easily, securely, and efficiently transfer value across DeFi and TradFi ecosystems.”  Ethereum V3 as First Facilitator  Before its scheduled debut on

2023-02-10Ethereum

Rocket Pool Hits $1B TVL on Ethereum Liquid Staking Market

Ethereum  Rocket Pool Hits $1B TVL on Ethereum Liquid Staking Market  Rocket Pools TVL doubled in the last two months to reach $1 billion.  Over 64% of Rocket Pools TVL is in Ether, with the rest in RPL.  Rocket Pool now ranks third behind Lido and Coinbase on Ethereum liquid staking market.  Rocket Pool‘s total value locked (TVL) has doubled in the last two months, reaching $1 billion. Staked Ether is $641 million of this value, claiming 64.1% of the TVL, with the remaining 35.9% ($359 million) in RPL, the project’s native token.  Rocket Pool is an Ethereum liquid staking pool that focuses on lowering the entry barrier for investors willing to stake their tokens. Rocket Pools protocol makes it easier for participants with smaller capital and hardware to take part in the Ethereum staking process. This is possible through an indirect staking system that allows users to stake towards a network of node users through a decentralized system.  The milestone achieved by Rocket Pool places it in the third position in terms of TVL shares held by participating protocols in the Ethereum liquid staking market. The $1 billion TVL equates to 5.64% of the total share in the network, placing Rocket Pool above the likes of

2023-02-10Ethereum
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