Binance to remove ETH, XRP, ADA liquidity pools to reduce slippage

Balita ng Ethereum ng Bitcoin  Crypto exchange Binance is set to delist multiple liquidity pools with large-cap altcoins from its swap service.  In a blog announcement on Dec. 15, Binance said it would remove multiple liquidity pools from its swap service, Binance Liquid Swap. The move is described as a periodic review, which Binance conducts to “concentrate liquidity, reduce slippage and provide users with better transaction prices.”  Starting from Dec. 22, Binance will remove the following liquidity pairs:  AAVE/BTC, ADA/ETH, ADA/USDT, ARB/BTC, BCH/BTC, DOT/BTC, DOT/USDT, ETH/DAI, FIL/BTC, LINK/ETH, LINK/USDT, LTC/BNB, LTC/BTC, LTC/ETH, LTC/USDT, MANA/BTC, MATIC/USDT, SAND/BTC, SOL/BTC, SOL/USDT, UNI/BNB, UNI/BTC, VET/USDT, XRP/BNB, XRP/BTC, XRP/ETH  Binance noted it would automatically convert positions in the above liquidity pools in users spot wallets on Dec. 22, 2023, at 04:00 (UTC). The exchange emphasized the removal of the aforementioned pairs does not impact the trading of the corresponding pairs on Binance itself.  Launched in September 2020, Binance Liquid Swap is a decentralized finance platform that enables users to generate passive income by contributing liquidity to liquidity pools. In return for liquidity, users earn fees on the trades that take place in liquidity pools.

2023-12-17Ethereum

Stablecoin Market Cap Flashing Positive Sign para sa Crypto Liquidity, Ayon sa Analytics Firm IntoTheBlock

Sinabi ng kilalang analytics firm na IntoTheBlock na tumataas ang market capitalization ng lahat ng stablecoins, na nagpapahiwatig ng pagtaas ng buying power ng mga kalahok sa crypto market.  Ang kabuuang halaga ng lahat ng stablecoin ay mukhang handa na tumaas sa Disyembre para sa ikalawang sunod na buwan pagkatapos bumaba sa loob ng isang taon at kalahating sunod-sunod, na IntoTheBlock sabi ni ay isang “positibong tanda para sa pagkatubig ng crypto.”  Tinitingnan din ng IntoTheBlock ang mga exchange netflow ng Bitcoin, na sumusubaybay sa pagpasok at paglabas ng Bitcoin (BTC) sa mga sentralisadong palitan ng crypto sa pamamagitan ng pagbabawas ng halaga ng mga withdrawal ng isang coin mula sa mga deposito nito.  Bitcoin naitala $860 milyon na halaga ng mga net inflows sa mga palitan ngayong linggo, ang pinakamalaking bilang sa loob ng siyam na buwan, ayon sa analytics firm.  Ang isang 2021 na pag-aaral na inilathala ng crypto analytics firm na Santiment ay nagsasaad ng malalaking uptick sa exchange inflows na malamang na humantong sa isang average na pagbaba ng presyo na 5% para sa mga crypto asset.  Sa kabaligtaran, gayunpaman, IntoTheBlock mga tala na ang mga balyena ay nakaipon ng 22,000 BTC ngayong linggo habang ang Bitcoin ay bumaba sa $41,000.  Sabi

2023-12-17Industriya

Solana rally sa itaas $70, analysts bullish sa SOL at TGC

Solana has continued to push ahead, climbing above $70 and laying the way for a new local high. It is currently trading at $72, up 9% today, 15% this week and 32% this month.  Meanwhile, the newly launched TG Casino is also rallying. Its presale is approaching the $4 million milestone with a $5 million hard cap.  Sumabog si Solana  The broader crypto market has shifted bullish this week, enabling Solana to continue its recent upward trajectory. As such, traders are bullish on Solana, with several predicting it could reach over $100 in the near term.  Following Solanas recent pump, trader Deftsuo stated that Solana “looks about ready to break out above $80. Parabolic structure is present as well.”  The analyst continued, “very possible we see $100+ SOL by year‘s end IMO; as there isn’t much resistance until $100 if $80 is broken through.”  Deftsuo utilized EMA indicators alongside an RSI, Stochastic RSI, and BBWP indicator to predict Solanas next move.  Another bullish trader is ALTSREET BETS. The analyst published a long-term Solana price prediction in October when SOL was priced at just $28, predicting it would reach between $100 and $150.  Following the recent pump, the analyst updated his followers, saying “$100 is next.”  Meanwhile, The Crypto Dog

2023-12-17Industriya

Google Releases Gemini Pro for Developers and Enterprises

Google has unveiled Gemini Pro, the latest addition to its AI model family, aimed at empowering developers and enterprises to harness its capabilities for various use cases.  This release comes shortly after Google introduced Gemini, its most substantial AI model, featuring three sizes: Ultra, Pro, and Nano.  The company has already integrated Gemini Nano into its Android system, starting with the Pixel 8 Pro, and a customized version of Gemini Pro in Bard. Today, Google is making Gemini Pro accessible for developers and enterprises, offering a glimpse into its remarkable potential.  Gemini Pro stands out in the AI landscape, demonstrating its prowess by outperforming similarly-sized models on research benchmarks. In its initial release, Gemini Pro boasts a substantial 32K context window for text, promising even larger context windows in future iterations.  Google has made it clear that Gemini Pro is available for free, with certain limitations, and assures competitive pricing as it evolves.  This robust AI model comes packed with a wide range of features, including function calls, embeddings, semantic retrieval, custom knowledge grounding, and chat functionality.  Gemini Pro is language-friendly, supporting 38 languages across 180+ countries and territories worldwide. In its current form, Gemini Pro accepts text as input and generates text as output.  Additionally, Google

2023-12-17Industriya

Ethereum Price Rebounds After Brief Correction to $2155 Level

Balita ng Ethereum ng Bitcoin  Sa oras ng pagsulat, ang ETH ay nakikipagkalakalan sa $2251, tumaas ng 0.71% sa huling 24 na oras.  Kung ang presyo ay nagtagumpay na lumampas sa $2331, malamang na susubukan nito ang $2380 na antas ng paglaban.  An unprecedented milestone has been reached by SOL, surpassing Ethereum in 24-hour decentralized exchange (DEX) volume the very first time since its inception in 2020. The Solana chain exceeded the Ethereum chain in DEX volume, according to statistics released by DeFiLlama on December 16.  The Ethereum rollup chain Arbitrum was down for a short while on Friday, but is now back up and working well. There was a network outage on December 15 that lasted little over an hour and affected the layer 2 scaling solution for Ethereum. According to an update released on the official Arbitrum Foundation account on twitter, the outage occurred because the Arbitrum One Sequencer stalled due to an influx of inscriptions.  Since the blockchains move from a proof-of-work (PoW) consensus mechanism to a proof-of-stake (PoS) network, the supply of Ether has dropped to its lowest point.  The network has burned up a lot of ETH this week, reducing the total supply of the token. Statistics compiled by Ultrasound.money show

2023-12-17Ethereum

BNB Chain Moves to Liquidate 100% USDT, USDC of BNB Bridge Exploiter

BNB Chain Core introduces a detailed strategy to recover from the 2022 exploit.  The exploiters balance includes 630,240 BNB supply and borrowings of 58,440,000 USDT and 37,440,000 USDC.   BNB Chain Core seeks authority to execute a forced liquidation mechanism to settle outstanding debts.  After more than a year of the attack, BNB Chain Core has officially proposed a comprehensive plan to seize the collateral of the BNB Bridge exploiter and utilize the funds to repay outstanding debts without resorting to market liquidation of BNB.  The proposal outlined a detailed execution strategy to mitigate potential losses for the Venus protocol. The report noted that as of December 11, 2023, the exploiters balance comprises 630,240 BNB in supply. Alongside, it holds borrowings of 58,440,000 USDT and 37,440,000 USDC.  Per the information in the proposal, the outstanding debt must first be settled to unlock the BNB supply. As a result, the proposal suggests employing the forced liquidation mechanism by granting BNB Chain the authority to execute the necessary operations.  BNBChainCore published a proposal on the Venus forum which aims to give BNB Chain the discretion to seize the BNB Bridge exploiters collateral and repay its debts while avoiding any market liquidation of BNB.  Notably, BNB Chain Core outlined five

2023-12-17Industriya

Crypto hiring: Blockchain.com para palawakin ang workforce ng 25%, kumuha ng bagong SVP

Blockchain.com hired a new senior vice president and will grow its workforce by a quarter in Q1 2024. It is also eyeing expansion into Nigeria and Turkey, according to a report from Bloomberg. The longtime crypto wallet provider currently employs around 300 people.  After beginning 2023 by laying off 28% of its staff, Blockchain.com has seen positive signs in the last few months. The firm raised a $110 million Series E round, though reportedly at less than half of its 2022 valuation, and it became the destination for customers looking to migrate their assets from SoFis shuttered crypto arm.  Magbasa nang higit pa: Ang Blockchain.com ay nagtataas ng $110M na round ng pagpopondo sa mas mababang halaga: BBG  This week, the firm hired Curtis Ting as senior vice president of business operations. Ting spent the last five-plus years at Kraken where he focused on global expansion. Before that, Ting spent eight years at the FBI.  Ting will help set up London-based Blockchain.coms new hub in Paris as the company seeks to set up new local entities throughout Europe, Bloomberg reported.  Blockchain.com listed a job posting for a talent acquisition manager in Paris. The firm also has several job postings in Vilnius, Lithuania, as well as

2023-12-17Industriya

Can gold dominate in 2024? Heres what macroeconomics guru says

Gold‘s potential to outperform base metals in 2024 is gaining traction, according to Mike McGlone, ’s Senior Commodity Strategist.  Essentially, the precious metal is showing strength, possibly strengthening its dominance in the coming year amidst feared economic downturns.  On December 15, McGlone nai-post on X (formerly Twitter) about the shifting dynamics between industrial metals and gold. Notably, he highlighted that weakening base metals contrasted with strengthening gold last year. This divergence could accelerate if “Federal Reserve policies serve as a reliable indicator,” suggested the Commodity Strategist.  Global #Recession Path – Weak Base Metals vs. #Gold -  Declining industrial metals vs. rising gold in 2023 are trends that may accelerate in 2024, if #Fed pivots are a guide. Since the Bloomberg Industrial Metals Spot Subindex was calculated in 1991, the ratio of the index to… pic.twitter.com/JryUGrsSuU  - Mike McGlone (@ mikemcglone11) Disyembre 15, 2023  Historically, the ratio of the Bloomberg Industrial Metals Spot Subindex to gold expands with monetary tightening. Conversely, it declines when policies ease. McGlones observations draw from this pattern observed since 1991.  Gold to $3,000 per ounce in 2024 and economic domination  In particular, the shared analysis illustrates the current state of the metals market. The ratio of base metals to gold is notably low, barely

2023-12-17Industriya

Ang komunidad ng Ethereum ay gumagamit ng ERC-3643 bilang pamantayan para sa pagsunod sa tokenization ng asset

Balita ng Ethereum ng Bitcoin  The Ethereum community has officially signed off on the ERC-3643 Ethereum Improvement Proposal (EIP), establishing it as a recognized standard for compliant tokenization of real-world assets (RWAs).  According to a Dec. 15 announcement, the proposal reached its final status, meaning it has been formally reviewed, discussed and agreed upon within the Ethereum community. Its a similar process to the way ERC-20 and other popular standards were established in the past.  Ethereum Community Approves #ERC3643 as the First #Tokenization pamantayan  We‘re proud to announce that the ERC3643 standard has achieved ’Final status in its #Ethereum Improvement Proposal (#EIP).  — ERC3643.org (@ERC3643Org) Disyembre 15, 2023  ERC-3643 is a standard for securities tokenization, RWAs, payment systems and loyalty programs. It verifies users eligibility for a token via a self-sovereign identity (SSI) framework, providing anonymous yet verifiable credentials, the association behind the proposal explained.  The approved standard, which was proposed in 2021, is built on top of ERC-20 and incorporates two distinct permission layers to enhance security and compliance.  The first layer focuses on the identity and eligibility of the transactions receiver, utilizing ERC-734/-735 standards to verify if the necessary claims are present on the identity and are authenticated by trusted claim issuers. The second layer implements

2023-12-16Ethereum

Big Bear il Capo Says Rally Is Over, Evaluates Bitcoin and Ethereum!

Balita ng Ethereum ng Bitcoin  New statements came from the analyst using the pseudonym Capo, who made a name for himself with his accurate predictions about the Bitcoin and cryptocurrency market in 2022.  Capo of Crypto, who is known for his bearish views and is frequently criticized by investors for his bearish comments, claimed that we are very close to the top in BTC and altcoins.  At this point, the analyst stated that BTC is facing great resistance between $ 43,000-45,000 and ETH is facing great resistance between $ 2,350-2,500, and stated that we have come to the end of the rise.  I think we are very close to the local top in the entire crypto market.  BTC is facing major resistance here at $43,000-45,000. ETH resistance is $2350-2500.  Now money is flowing into altcoins and Shitcoins. This marks the end of the mini bull market (bear market rally) we are experiencing in 2023.  “I didnt get these opportunities this year, but bigger opportunities will come, especially if the main scenario in Bitcoin comes true.”  At this point, it is known that il Capos ultimate target for BTC is $12,000.

2023-12-16Ethereum
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