Pinakabagong Balita sa Crypto at Market Updates

Ethereum Advocate Predicts Layer-2 Summer

Ethereum　　Hula ng Ethereum Advocate ang “Layer-2 Summer”　　22 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Crypto News: The crypto industry has been witnessing a significant surge in Layer 2 blockchains, along with a flurry of developments built on top of them. Anthony Sassano, a well-known Ethereum advocate and founder of an Ethereum-focused media channel, has recently shed light on the upcoming technical advancements within the Layer 2 ecosystem over the next 6-12 months. Sassano believes that these advancements will pave the way for a full-blown “layer 2 summer” in the crypto market sometime next year.　　Driving Factors Behind the Layer 2 Rally　　According to him, the following developments could potentially heat up the layer 2 cryptocurrencies for a major rally:　　1. Ethereum Improvement Proposal (EIP) 4844: 　　Sassano highlighted that the implementation of EIP-4844 is expected to significantly reduce rollup fees. This proposal, set to go live by the end of this year, will address one of the major pain points for users and developers in Layer 2 solutions, making them more accessible and affordable.　　2. Base Mainnet Expansion: 　　With the base mainnet going live, the Ethereum ecosystem is poised to onboard potentially millions of new participants. This expansion will bring increased adoption and usage of Layer

2023-06-04Ethereum

Brazils Mercado Bitcoin Becomes Licensed Payment Provider, Launches MB Pay Fintech Solution

Mercado Bitcoin, Brazils leading cryptocurrency exchange, has obtained a payment provider license, allowing the launch of its fintech solution, MB Pay. 　　巴西领先的加密货币交易所 mercado bitcoin 已获得支付提供商许可证，允许推出其金融科技解决方案 mb pay。　　Brazil‘s central bank has granted Mercado Bitcoin, the country’s prominent cryptocurrency exchange, a payment provider license on June 2. This milestone paves the way for the introduction of MB Pay, the exchanges new fintech solution.The license enables users to access digital banking services using crypto assets held on the exchange.　　巴西中央银行已于 6 月 2 日授予该国著名的加密货币交易所 mercado bitcoin 支付提供商许可证。这一里程碑为引入该交易所的新金融科技解决方案 mb pay 铺平了道路。该许可证使用户能够使用数字银行服务交易所持有的加密资产。　　With the approval from the central bank, Mercado Bitcoin aims to enhance its services and expand its business further. According to Roberto Dagnoni, CEO of 2TM, the parent company of Mercado Bitcoin, the approval from the central bank is a crucial step in providing improved services to their customers.　　在中央银行的批准下，mercado bitcoin 旨在加强其服务并进一步扩展其业务。 mercado bitcoin 的母公司 2tm 的首席执行官 roberto dagnoni 表示，中央银行的批准是向其客户提供更好服务的关键一步。　　As a licensed payment institution, MB Pay will offer Brazilian users access to various digital banking services utilizing crypto assets held on the exchange. This includes features like investing in digital fixed income, staking, and other financial transactions. Moreover, users can anticipate the introduction of a debit card that allows seamless conversion of cryptocurrencies.　　作为持牌支付机构，mb pay 将利用交易所持有的加密资产，为巴西用户提供各种数字银行服务。这包括投资数字固定收益、质押和其他金融交易等功能。此外，用户可以期待引入允许无缝转换加密货币的借记卡。　　In a

2023-06-04Bitcoin

Has Ethereum fallen into the hands of a powerful ‘cartel’? – Cryptopolitan

Pinagmulan: DeFiLlama　　The aforementioned LSDs, which are derived from the deposited ETH, are also a source of concern. In finance, a derivative is an instrument whose value is derived from another asset. They are used to speculate further on a given asset, ETH, in this instance.　　Another source of concern is the aforementioned LSDs, which are derivatives generated on top of the staked ETH. In finance, a derivative is an instrument whose value is derived from another asset. They are used to speculate further on any particular asset, in this case ETH.　　Source; ETH Blockchain　　Simply put, the larger a particular pooled staking “cartel” becomes, the greater the rewards it obtains and the greater the incentive for users to pool their funds with that provider.　　Eric Conner, an Ethereum core developer and co-author of EIP-1559, states that not staking through a pool entails substantial disincentives. “Solo staking is a nightmare,” he said, adding that he doesnt blame anyone for turning to LSDs. Solo staking can be a daunting endeavor, which is why many individuals utilize platforms such as Lido.　　It requires 32 ETH, or roughly $60,500, in addition to a fair quantity of technical expertise. Maintaining a validator node necessitates specific hardware, knowledge of key management,

2023-06-03Ethereum

Former Ethereum Miner CoreWeave Inks an AI Deal With Microsoft

Ethereum　　Ang dating Ethereum Miner CoreWeave ay Nag-ink ng AI Deal Sa Microsoft　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The cryptocurrency industry continues to comingle with that of artificial intelligence in what is reported as a new deal between tech heavyweight Microsoft and former Ethereum miner – CoreWeave.　　According to recent coverage by CNBC, Microsoft has signed a deal with the former Ethereum miner – CoreWeave.　　Its worth noting that CoreWeave has spun up its usage of cloud computing infrastructure from Ethereum mining and is currently one of the rapidly developing providers.　　It recently attained a valuation of $2 billion.　　The financials of the deal with Microsoft havent been disclosed, but according to sources familiar with the matter and cited by CNBC, the tech behemoth has agreed to spend “potentially billions of dollars over multiple years.”　　At the beginning of 2023, Microsoft also invested a whopping $10 billion in OpenAI – the firm behind the popular AI-based chatbot ChatGPT.　　Sam Altman – the CEO of OpenAI – in turn, is now spearheading a cryptocurrency project called Worldcoin. He was successful in securing funding of $115 million to build the project, which involves high-precision retina scans and is backed by cryptos most prominent VCs.

2023-06-03Ethereum

Ethereum Price Prediction as ETH climbs above $1,900...Buy Ether NOW?

Ethereum　　Ethereum Price Prediction as ETH climbs above $1,900…Buy Ether NOW？　　52 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The Ethereum price could see a stronger increase again in the coming months. With the coming year 2024, the next bull market is very likely to be around the corner. The $10,000 mark, which some analysts saw as early as 2021, should be just around the corner. But how high could the Ethereum price rise at the top of the bear market？ Lets analyze in this Ethereum price prediction article!　　How did Ethereum Perform in the last few weeks？　　Ang presyo ng Ethereum ay nakakita ng higit na patagilid na paggalaw sa nakalipas na ilang linggo. The year 2023 started with a strong increase. At the turn of the year, the ETH rate was still below $1,200. After the rise of the first weeks of the new year, the ETH price rose by almost 50% to $1,700.　　ETH/USD 1-araw na chart – TradingView　　After a brief crash at the beginning of March, the Ethereum price rose sharply again and saw the breakthrough above the $2,000 mark in April. After peaking at $2,100, the price has fallen back below $2,000 in recent weeks. The ETH price recently moved between

2023-06-03Ethereum

Crypto Analyst Projects Lower ETH Price Before Rallying Upward

crypto Ethereum　　Crypto Analyst Projects Lower ETH Price Before Rallying Upward　　6 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Crypto Tony has predicted a pullback in Ethereums price before an anticipated rally.　　The analyst expects ETH to drop below the local low at $1,840 before rallying higher.　　At $1,904 ETH has gained 60.4% since the beginning of the year.　　Crypto analyst and trader known on Twitter as Crypto Tony has predicted a pullback in Ethereums price before an anticipated rally. Tony explained that he was not in any long position on Ethereum to avoid being stopped out. However, he waits for a solid pullback to find a long entry.　　Tony explained his analysis using a 2-hour ETH/USD chart, identifying the key support and resistance areas. From his projection, he expects ETH to drop below the local low at $1,840 before rallying higher. Tony indicated the reason for expecting a drop ahead of the rally was a recent corrective move up. After that, there would be another leg down overall before the price continues upward.　　ETH is trending sideways on the daily chart in a consolidating move after reaching a yearly high of $2,140 in April. Below Tony‘s projected leg down is local support established on May 23, exactly

2023-06-03Ethereum

Celsius Restakes $753M Ethereum

Ethereum　　Celsius Restakes $753M Ethereum　　54 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Bankrupt crypto lender Celsius is restaking its withdrawn staked Ethereum, further elongating the staking activation queue.　　21Shares researcher Tom Wan said bankrupt Celsius Staked 396,000 Ethereum during the first two days of this month.　　$1 Billion in On-Chain Flows　　Blockchain analytical firm Arkham Intelligence corroborated this, saying the bankrupt lenders asset movements have totaled almost $1B in on-chain flows.　　The deposits are coming after Celsius withdrew most of its staked ETH on Lido. Although the withdrawal was part of its restructuring plan, the firm is not exiting ETH staking and is only changing how it stakes.　　ETH Deposits and Withdrawals (Source: Tom Wan)Celsius Withdrawals　　Celsius has been very busy since the Shanghai upgrade in April. BeInCrypto reported that it initially unstaked 6,000 ETH from the Beacon Chain before withdrawing all its staked ETH on Lido Finance.　　This makes the lender one of the most active entities in the industry since withdrawals were enabled. So far, it has withdrawn 428,000 ETH from Lido and has 32,000 ETH still awaiting withdrawals from the staking protocol. Additionally, Celsius uses institutional staking provider Figment for its ETH staking activities.　　Restaking Activities　　After holding the withdrawn ETH in its unstaking wallet for about two

2023-06-03Ethereum

Under-the-Radar Ethereum (ETH) Competitor Pumps by 50% This Week Amid New AI Partnership

An under-the-radar Ethereum (ETH) competitor pumped by nearly 50% this week amid a new partnership with an artificial intelligence (AI) bot project.　　The native asset of the scalability-focused smart contract network Everscale (EVER) is trading around $0.06326 at time of writing, up from $0.0423 a week ago.　　EVERs biggest price jump of the week happened after the project anunsyado on Twitter on Monday that it had partnered with CryptoMatch, an AI-powered networking platform that uses a Telegram bot to connect people.　　Explains Everscale,　　EVER also witnessed a new listing this week, with Bithumb, the second-largest crypto exchange in South Korea, lumiligid trading services for the crypto asset on Tuesday. Everscale says it has “a big Korean strategy in the works and will be revealing all the details soon.”　　The 240th-ranked crypto asset by market cap is also up 1.73% in the past 24 hours. However, despite the price increases this week, EVER remains more than 97.5% down from its all-time high of $2.56, which it hit in October 2020.

2023-06-03Ethereum

Are Ethereum whales selling their holdings?

Ethereums supply on exchanges is stagnant　　???? #Ethereum $ ETH Ang bilang ng mga Address na Humahawak ng 100+ Barya ay umabot lamang sa isang 6 buwan na mababa sa 46,417　　Ang nakaraang 6-buwan na mababang na 46,418 ay naobserbahan noong 30 Mayo 2023　　Pinagmulan: Santiment　　Ethereum investors are happyCan ETH maintain the pump？A further uptrend is likely

2023-06-03Ethereum

Ethereum (ETH) and XRP Approaching Horizontal Resistance

Alex Dovbnya　　Both Ethereum (ETH) and XRP, some of the biggest names in the cryptocurrency market, are inching closer to their respective horizontal resistance levels　　Ethereum (ETH) and XRP, the second and sixth largest cryptocurrencies by market cap respectively, are papalapit horizontal resistance, according to a tweet from crypto analytics tool 100eyes Crypto Scanner.　　Horizontal resistance, a key term in technical analysis, is a price level that a cryptocurrency or other asset has trouble surpassing. It often signifies a price point at which an influx of supply (sell orders) is strong enough to prevent the price from advancing further.　　Ethereum (ETH), the second-largest cryptocurrency, boasts a market cap of approximately $229 billion and a 4% weekly gain. XRP, known for its affiliation with Ripple, has a market cap of around $27 billion, but notably outperforms both Bitcoin (BTC) and ETH with a 12.8% increase over the past seven days, according to data from CoinGecko. At the time of writing, Ethereum is trading at $1,909.17 and XRP at $0.532.　　These figures show bullish momentum, but the looming horizontal resistance levels may soon test the strength of these upward trends.　　In technical analysis, horizontal resistance levels often act as psychological price barriers for traders. These points typically reflect

2023-06-03Ethereum

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