Shapella Removes Risk, Invites More Ethereum Staking

Ethereum  Shapella Removes Risk, Invites More Ethereum Staking  12 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Alex Dovbnya  During recent appearance on Laura Shin‘s ’Unchained‘ podcast, Tim Beiko discussed positive impact of Ethereum’s Shapella upgrade on network, emphasizing how it ‘de-risks’ staking and promotes decentralization  During his recent appearance on Laura Shin‘s “Unchained” podcast, Tim Beiko tinalakay the impact of Ethereum’s Shapella upgrade on the networks decentralization and validator staking.  Beiko highlighted that the upgrade significantly “de-risks” staking for Ethereum since validators can now withdraw their stakes from the Beacon chain.  This development not only proves that withdrawals are possible but also reduces the commitment validators have to make, allowing them to try staking with more confidence and ease.  Beiko went on to explain how the Shapella upgrade may encourage a reshuffling of staking providers. Validators may choose to move from centralized exchanges to liquid staking projects or try out solo staking since the ease of withdrawal reduces potential risks.  The upgrade also allows validators to accrue rewards directly on their validators, which were previously inaccessible on the Beacon chain.  Furthermore, Beiko expressed hope that the upgrade would lead to more solo stakers joining the network. With improved guides and support for setting up validators, the Shapella upgrade has made

2023-04-15Ethereum

BTC, ETH, XRP, BNB, DOGE, and SOL – Cryptopolitan

Bitcoin Ethereum  BTC, ETH, XRP, BNB, DOGE, at SOL – Cryptopolitan  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Weekly crypto price analysis shows that most of the coins have been trading close to their upper resistance levels, which indicates the possibility of a bullish breakout. Bitcoin has been ranging between $28,500-30,000 for the past few days and is currently trading near the higher end of its range. On 11 April, the asset reached an all-time high of $30,000, which was the highest price point since June 2022.  Heatmap ng presyo ng Cryptocurrencies: Coin360  The second-largest asset, Ethereum, has been holding strongly above $1,900 for the past few days, but today ETH has hit $2,100, which is the highest price point of the week. The asset has been experiencing strong buying pressure due to the increasing DeFi interest and a surge in institutional investments. ETH is expected to break this level soon as the trend line suggests a bullish breakout in the coming weeks.  XRP has been trading around $0.50-0.52 level with positive momentum. The coin is expected to break the resistance level of $0.5438 in the near term. Binance Coin (BNB) and Dogecoin (DOGE) have also maintained their bullish momentum this week, with BNB holding

2023-04-14Ethereum

DigiToads (TOADS), Ethereum (ETH), Binance Coin (BNB) Price Projections April 2023

crypto Ethereum  DigiToads (TOADS), Ethereum (ETH), Binance Coin (BNB) Price Projections April 2023  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  As the crypto market gears up for what appears to be a bullish season, excitement is palpable among traders and enthusiasts alike. Established and new altcoins are gaining traction, driven by their real-world use cases and innovative solutions. After enduring the recent downturn, many traders are reaping modest profits and eagerly anticipating greater returns in forthcoming bull runs.  In this piece, we will delve into price projections for three of the most buzzworthy cryptocurrencies currently dominating the market: Ethereum (ETH), Binance Coin (BNB), and DigiToads (TOADS).  Outlook ng Presyo ng Ethereum  Ethereum, one of the most dominant forces in the altcoin market besides Bitcoin, often leads the charge regarding price uptrends. Currently trading at around $1900, its highest level in six months, Ethereum‘s performance could significantly impact numerous other altcoins. However, an upcoming upgrade presents potential challenges to Ethereum’s price action.  Developers have announced the Shanghai Upgrade, which will make all 16 million staked ETH available for withdrawal. This could lead to considerable sell pressure, potentially dampening ETHs price growth.  Nonetheless, considering the overall bullish trend emerging in the DeFi market, it seems more likely that Ethereum,

2023-04-14Ethereum

Whales Are Accumulating Ethereum (ETH), PancakeSwap (CAKE), and Uwerx (WERX)

Ethereum  Whales Are Accumulating Ethereum (ETH), PancakeSwap (CAKE), and Uwerx (WERX)  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Whales understand market cycles better than average investors. Whales know that the bear market represents the best time to buy assets. On-chain data shows that whales have been busy scooping up discounted projects and have specifically targeted three projects: Ethereum (ETH), PancakeSwap (CAKE), and Uwerx. Why have whales been buying these projects en masse?  Ethereum (ETH)  Ethereum (ETH) is an established blue-chip project representing a natural target for whales. Ethereum (ETH) has occupied the second spot for years, and many believe that Ethereum (ETH) will retain this position. Whales believe buying Ethereum (ETH) at its current price will be profitably long-term. Ethereums (ETH) transition to proof of stake cut the issuance of Ethereum (ETH) to miners drastically and combined with EIP-1559, Ethereum (ETH) has totally different tokenomics. This newer deflationary approach certainly seems popular amongst whales.  Pancake Swap (CAKE)  Anonymous developers launched PancakeSwap (CAKE) in 2020, and PancakeSwap (CAKE) rapidly became one of DeFis most popular decentralized exchanges (DEXs). PancakeSwap (CAKE) provides hundreds of opportunities for investors to earn passive income through yield farming.  Despite a depressed valuation of PancakeSwap (CAKE), many whales are buying and locking the token

2023-04-14Ethereum

Ethereum price surpasses $2,100 following the Shapella upgrade 

Ethereum  Ethereum price surpasses $2,100 following the Shapella upgrade  28 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  magbahagi  The price of ether (ETH) has surpassed the $2,100 region for the first time in many months. Ethereums Shapella upgrade went live on April 12, enabling over $1 billion worth of staked ETH withdrawals, yet the price of ether continues to scream higher.  After several months of planning, the much-anticipated Ethereum Shapella upgrade successfully went live on April 12, ushering in various network improvements while enabling the withdrawal of staked ETH.  Despite initial fears that enabling withdrawals of ETH tokens locked up in the chain since the last merge event that marked the transition of Vitalik Buterin‘s Ethereum into a proof-of-stake (PoS)-based blockchain would trigger a massive crash in the price of the world’s second-largest cryptocurrency, the reverse has been the case.  ethereum (ETH) 24-hour chart. Source| CoinGecko  While the global banking crisis has triggered a solid bullish momentum across the crypto markets since last month, ETH has emerged as one of the standout performers this month, with a price increase of 23.5% in the past 30 days.  When filing this report, ether (ETH) is exchanging hands for $2,110, representing a 6.7% increase in the last 24 hours. However, despite the

2023-04-14Ethereum

Top Crypto Trader Says One Ethereum-Based Altcoin To Explode 200–300%, Updates Outlook on Dogecoin and Solana

crypto Ethereum  Top Crypto Trader Says One Ethereum-Based Altcoin To Explode 200–300%, Updates Outlook on Dogecoin and Solana  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  A pseudonymous crypto trader says one Ethereum (ETH)-based altcoin is poised for an explosive surge while updating his outlook on Dogecoin (DOGE) and Solana (SOL).  Altcoin Sherpa tells his 10,900 YouTube subscribers in a new strategy session that the decentralized oracle network Chainlink (LINK) could shoot up by as much as 300% from its current price range of $7.61.  He says LINK has remained in an accumulation phase for nearly a year and at some point will make a break to the upside. However, he says it may take months.  Next, the trader predicts DOGE will see continued surges and retraces, such as what occurred earlier this month when tech billionaire Elon Musk switched the Twitter logo with the DOGE logo.  DOGE is worth $0.0886 at time of writing, up 6.2% at time of writing.  Lastly, the crypto trader says Solanas fundamentals appear strong. He predicts a pullback to the low $20s from its current price of $24.75, before breaking higher to around $32.

2023-04-14Ethereum

Ethereum (ETH) Surges as Arthur Hayes Declares Altcoin Season

crypto Ethereum  Ethereum (ETH) Surges as Arthur Hayes Declares Altcoin Season  20 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Alex Dovbnya  Arthur Hayes, former BitMEX CEO, recently sparked excitement among crypto enthusiasts as he declared beginning of new altcoin season on Twitter  Arthur Hayes, former CEO of BitMEX, recently took to Twitter to magpahayag the beginning of another altcoin season. “Allow me to reintroduce myself. My name is ALTSZN!!!” he tweeted.  This came after Ethereum (ETH) experienced a surge in price. The top altcoin peaked at $2,130 on the Bitstamp exchange earlier today.  As reported by U.Today, the Bitcoin (BTC) competitor surpasses $2,000, driven by the successful Shapella upgrade and an unexpected drop in PPI inflation.  The altcoin market saw significant gains over the past 24 hours, with ETH up by 9.4%, Binances BNB increasing by 4.4%, Cardano (ADA) rising by 9.2% and Dogecoin (DOGE) adding 9.%.  In another tweet, Hayes shared a photo taken at Victoria Peak, a hill on the western half of Hong Kong Island, with the caption: “With the help of Lord Satoshi, I climbed the peak and threw the bears off the mountain top so that they may experience the wrath of the green doji.”  It conveys Hayes‘ optimism about the cryptocurrency market’s positive momentum,

2023-04-14Ethereum

This Ethereum Staking Token Shot up 20% In Just 12H

Ethereum  Ang Ethereum Staking Token na ito ay tumaas ng 20% Sa loob lamang ng 12H  24 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Rocket Pool holds 2.44% of the contributors of Ethereum Staking.   At press time, Ethereums price oscillated between $2,115 and $2,130.  A subunit of Coinbase is a part of Rocket Pools Oracle DAO.  Post the Ethereum Shanghai Upgrade, the second-largest cryptocurrency crossed the $2,100 level. Amid this ETH hustle, RPL, the native DeFi token of the Ethereum staking protocol Rocket Pool, spiked 20% in just 12 hours.  According to data from TradingView, the RPL/USDT spot hit $53.95 on the largest crypto exchange Binance at 03:59 UTC.  Notably, Rocket Pool holds a prominent record related to Ethereum staking. As per the on-chain data from Nansen, 2.44% of the ETH depositors who staked their Ether on the Beacon Chain are wired through this staking protocol. Lido Finance dominated the share with 31.2% of depositors. While the metrics also highlighted the dominance of Kraken (7.01%), Binance (5.66%), and Coinbase (12.7%).  From the above chart, it can be seen that the price action of RPL hovered above the 50-day moving average (50MA). Thus, it points to the token‘s current bullish state. Also, at the time of analysis, the chart

2023-04-14Ethereum

Ethereum Tops $2,100 After 10% Rally and Staking Tug of War

Ethereum  Ethereum Tops $2,100 After 10% Rally and Staking Tug of War  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum is on fire today, surging more than 10% to tap its highest price for almost a year. Meanwhile, ETH staking withdrawals are not having any negative impact on the market.  Market sentiment for Ethereum has turned bullish as the asset topped the psychological $2,000 barrier.  A successful Shapella upgrade this week has driven momentum for ETH, which has climbed to an eleven-month high.  At the time of writing, ETH was changing hands for $2,115 following a 24-hour surge of 10.4%. Furthermore, it has outperformed Bitcoin, which only added 2% on the day.  As a result, Ethereums market dominance has increased to just under 20% at the expense of Bitcoin.  ETH/USD 1 month – BeInCrypto  Earlier this week, BeInCrypto predicted that there would not be a major sell-off after Shapella.  Staked Ethereum Withdrawals Update  According to industry analyst Colin Wu, almost 240,000 ETH had been withdrawn 30 hours after the upgrade. However, around 100,000 ETH has been deposited, meaning that the net staking balance is -139,000, valued at around $277 million.  Around 1.07 million ETH valued at roughly $2.26 billion was pending withdrawal, according to Token Unlocks.  Wu kilala that 63% of this

2023-04-14Ethereum

Ether price tops $2,100 as Ethereums pending withdrawals hit $2.2 billion

Ethereum  Ether price tops $2,100 as Ethereums pending withdrawals hit $2.2 billion  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The price of Ethereums native coin, ether, is up roughly 10% over the past 24 hours and is trading above $2100 on various crypto exchanges.  At the same time, the total amount of ether (including rewards) that has been confirmed to withdraw — meaning its status changed to 0x01 — has surpassed $2 billion. As of 1 a.m. EDT, 1.07 million ETH, worth $2.27 billion, is pending withdrawal, per data tracking application tokens.unlock.  Over the next 11 hours, an estimated 53,050 ether, totalling $111.81 million, is slated to be withdrawn — creating an average of $223.54 million ETH withdrawn daily.  Ethereum staking withdrawals vs. deposits  17.39 million ether (excluding earned rewards) remains deposited — worth $36.54 billion. This deposited ETH accounts for 15.42% of the total supply.  The net staking balance yesterday — calculated by subtracting the total amount of ether withdrawn from the total amount of Ether deposited — is actually positive. Partial withdrawals amount to 14,300 and deposits amount to 18,370. This means that some 4,070 more ETH was deposited than withdrawn.  The net staking balance since the Shapella hard fork went live is nearly -140,000. Withdrawn

2023-04-14Ethereum
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