Pinakabagong Balita sa Crypto at Market Updates

PEPE Meme Coin Hysteria Pushes Ethereum Gas Fees to 1-Year High

Ethereums gas fees have surged above a one-year high as the demand for trading the PEPE meme coin continues to soar.　　The average cost of a single transaction on Ethereum jumped above $15.82 on May 4.　　While Ethereums mean transaction fees have reached much higher levels of between $50 to $70 in 2021, things have been quiet since the market crashed in May 2022.　　Its likely that excitement around meme coins, specifically the newly-launched PEPE, is responsible for the revival in gas fees.　　In the last 24 hours, the trading volume for PEPE surpassed $150 million on , higher than Wrapped Bitcoin (WBTC) and USDT stablecoin volumes.　　The PEPE token also entered the top 100 largest cryptocurrencies by market capitalization on May 1, obtaining a valuation of over $500 million. The token has continued to surge since then, last trading at a market value of $879 million.　　Following the success of PEPE coin, numerous copycats have also emerged representing different internet memes.　　Data from crypto analytics firm Nansen shows that the most active smart contracts on Ethereum are currently Uniswap trading pools for meme coins such as SPONGE, TURBO, BOB, and TRBNR.　　The increased gas fees witnessed 9,392 in ETH burned over the last 24 hours, at par

2023-05-06Ethereum

Collateral Network (COLT) Emerges As Better Opportunity Than Stacks Crypto And Ethereum

After the tumultuous market crash last year, 2023 has brought some relief to cryptocurrencies. Among them, Collateral Network (COLT), Stacks (STX), and Ethereum (ETH) are leading the way for bulls. In this article, we will analyze how a new project, Collateral Network, is leaving well-established cryptos like Stacks and Ethereum behind in growth rate.　　BUMILI NG COLT TOKENS NGAYON　　Stacks Eyes To Tap Artificial Intelligence　　As the hype around the integration of artificial intelligence into Web3 is growing, Stacks has also moved forward. Recently, an AI-powered developer platform, Replit, started featuring the Stacks layer for Bitcoin. After this development, verified Stacks “Repls” will be accessible to over 20 million users of Replit.　　This will help developers learn how to build on the Stacks blockchain. The engineering resources available in the Stacks Replit profile will include code templates, the Stacks Connect start kit, and beginner tutorials. Although Stacks is trying to integrate new technologies into its blockchain, the growth has tumbled in the past few weeks. At the time of writing, Stacks (STX) is changing hands at $0.71.　　Ethereum Launches ETHIndia Grant 2.0　　To increase its adoption and network activity, Ethereum has launched the second season of the ETHIndia Grants program. Under ETHIndia, Ethereum will provide developers

2023-05-06Ethereum

Vitalik Buterin Sends 200 ETH to Kraken - What Does This Mean?

Vitalik Buterins wallet address transferred 200 ETH to Kraken.　　The details of the transaction were shared by PeckShieldAlert.　　Vitalik had previously transferred 700 ETH to Kraken in March as well.　　Vitalik Buterin, one of the co-founders of Ethereum, has sent 200 ETH (equivalent to around $382796 at current market rates) to an address that belongs to the Kraken cryptocurrency exchange. The on-chain data was shared by the blockchain security platform PeckShieldAlert.　　The motive behind the transaction was unclear at press time. One Twitter user commented below PeckShieldAlerts tweet, stating that Vitalik knows PEPE will be listed on Kraken.　　This is not the first time Vitalik has made such a move. The Vitalik-labeled address had deposited 500 ETH in Reflexer to mint 150k RAI and also swapped 132.5k RAI for 378.5k USDC previously in March 2023 as well. He had additionally sent 200 ETH to Kraken in May.　　Lookonchain noted that earlier in March, Vitalik Buterin sold a total of $693,000 worth of meme tokens, including Mops (MOPS), Cult DAO (CULT), and Shikoku (SHIK), which he had received as gifts. Its not uncommon for Buterin to sell the large number of tokens that are often sent to his address by smaller projects.　　It was speculated earlier that Vitalik

2023-05-05Ethereum

Crypto Price Analysis May-5: ETH, XRP, ADA, PEPE, TRX

This week, we take a closer look at Ethereum, Ripple, Cardano, Pepe, and Tron.　　Ethereum (ETH)　　This week, Ethereum has retested the support at $1,800. Buyers showed strength and did not allow the price to fall lower, which is why ETH is found at a similar level to last week due to low volatility.　　The current target for this cryptocurrency is $2,000, which is also a key psychological level. In April, ETH managed to break above it but quickly lost ground once sellers took over the price action. Another break above $2,000 would be quite bullish, but momentum is lacking at this time.　　Looking ahead, Ethereum has found a good foundation to gather strength in the coming week. If buyers return to the market, then a retest of the key resistance appears imminent.　　Tsart ng TradingViewRipple (XRP)　　XRP is in red and has closed the past seven days with a 1.5% loss. The price appears on its way to test the key support at 43 cents. This would be the second time XRP tests this support, and could turn out to be a bearish move if buyers dont return.　　The key resistance is quite some distance away at 48 cents. The momentum indicators, such as the MACD

2023-05-05Ethereum

Ethereum (ETH) Fees Hit May’22 High; Pepe Is the Reason?

The Ethereum networks daily transaction fee spiked to about 87 gwei, the highest since May 2022. 　　Today, PEPE and WOJAK are setting new all-time high records.　　Ethereum (ETH) transaction fees have again hit highs since May 2022. A spike in transactions on the Ethereum blockchain also involving meme-based tokens such as Pepe (PEPE) and Wojak (WOJAK) has driven up traffic on the network, pushing the average fee rate to the highest in nearly one year while showering “Stakers” of the cryptocurrency with extra revenue.　　According to Dune Analytics, the Ethereum networks daily median average transaction fee spiked to about 87 gwei on Tuesday, the highest since May 2022. For comparison, the rate so far this year has fluctuated between roughly 82% year to date.　　Ethereum is the Memecoins Playground？　　A new Ethereum-based frog-themed token, PEPE, has seen a rapid rise in market capitalization, with WOJAK following in its footsteps. Also, both crypto tokens attracted investors with massive returns and an unprecedented price rally.　　Today, the Pepe token market cap reached over $859 million before dropping once more to under $400 million. Also, the 24-hour trading volume for this memecoin surged more than 216% over the night to reach $784 million.　　Additionally, every day, PEPE and WOJAK

2023-05-05Ethereum

Ethereum Gas Fees Hit Record Levels Amid PEPE Meme Coin Hype; Flips SHIB, DOGE

Ethereum gas fees are again touching record levels as meme coins take over the crypto space by storm. The frog-themed meme coin PEPE hype has especially caused Ethereum gas fees to hit a yearly high.　　The high gas fee is making transactions costly for users, while also pushing up prices amid demand for meme coins such as PEPE.　　Ethereum Gas Fees Reaches Yearly High　　According to data by Etherscan, the average gas prices reached 94 gwei and even hit a high of 184 gwei on May 5. The massive jump in Ethereum gas fees is due to the increase in demand for meme coins on the Ethereum network, making transaction costs higher.　　The hype surrounding PEPE meme coin and profits made by investors by trading in the meme coin is causing most people to swap their crypto including other meme coins to PEPE through Uniswap. The average transaction cost on Uniswap has jumped to $32.60.　　As per data, transactions on Uniswap alone have burned over 15,000 ETH in the last 7 days. Uniswap currently accounts for 35% of gas fees, becoming the top “Gas Guzzler” in the last few days.　　Average transaction fee on Ethereum. Source: Etherscan　　In the last 24 hours, the trading volume for PEPE

2023-05-05Ethereum

Optimism Leverages Ethereum Attestation Service to Boost User Trust

Ethereum Attestation Service (EAS) is a free and open protocol.　　Any Optimism user can use the technology to verify information they believe to be correct.　　Optimism, an Ethereum-based layer 2 companion blockchain, is going to utilize the Ethereum Attestation Service (EAS). The Ethereum Attestation Service (EAS) is an on-chain attestation system. That enables users to assess the integrity of the platforms users and vouch for whether anything transpired on the blockchain.　　The Ethereum Attestation Service is a free and open protocol permitting on-chain attestations on EVM-compatible blockchains. Its a generalized service that allows anyone to register a schema for its particular use case and then generate attestations following that model.　　As per data, this could support more equitable OP token distribution and community voting processes on Optimism. With the introduction of EAS, Optimism users will be able to validate on-chain content that may affect how the platforms native OP tokens are distributed and how users engage with one another more generally.　　Moreover, as per sources, the EOS team has stated that the technology they offer would enable developers to develop pioneering identity solutions that can be utilize on Optimism, as well as other networks, such as Base, Polygon, and Ethereum.

2023-05-05Ethereum

Ethereum Price Showing Signs of Fresh Rally But This Resistance Is The Key

Ethereum is moving higher toward the $2,000 resistance.　　Ang presyo ay nakikipagkalakalan sa itaas ng $1,880 at ang 100-oras na Simple Moving Average.　　Mayroong isang pangunahing bullish trend na bumubuo ng suporta malapit sa $ 1,885 sa oras-oras na chart ng ETH USD (data feed sa pamamagitan ng Kraken).　　Ang pares ay maaaring makakuha ng bullish momentum kung aalisin nito ang $1,920 resistance zone.　　Ang Presyo ng Ethereum ay Naglalayong Mas Mataas　　Ethereums price formed a base above the $1,800 support zone. ETH started a steady increase and cleared the $1,880 resistance zone, similar to Bitcoin at $28,800.　　The price even climbed above $1,900 but faced sellers near $1,920. There was a downside correction but the bulls were active near $1,870. A low is formed near $1,867 and the price is now rising. There was a break above the 50% Fib retracement level of the recent decline from the $1,917 high to the $1,867 low.　　Ether is now trading above $1,880 and the 100-hourly Simple Moving Average. There is also a major bullish trend line forming with support near $1,885 on the hourly chart of ETH/USD.　　Pinagmulan: ETHUSD sa TradingView.com　　Immediate resistance is near the $1,905 level. It is close to the 76.4% Fib retracement level of the recent

2023-05-05Ethereum

Practically Perfect In Every Way

Kabuhayan　　Halos Perpekto Sa Lahat ng Paraan　　7 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The Guardians Of The Galaxy Vol 3　　Pinasasalamatan: Mamangha　　is the best Marvel movie I‘ve seen in years. I did enjoy quite a bit, but other than that, the MCU has felt a bit like a pale shadow of its former self. There’s fun to be had in bits and pieces in movies like at but its all gotten a little stale, like a fifth course at a meal I filled up on long ago. For every mayroong isang to remind us just how lousy the MCU has become compared to its glory days.　　Thankfully, James Gunn sticks the landing with the third and final movie. Its an emotionally powerful, wildly inventive, often hilarious farewell for our ragtag band of intergalactic space heroes.　　I admit to a special fondness for The first film came out almost nine years ago in late 2014 and I had no idea what to expect when I went. I wasn‘t a fan of the comics (having never read them) and had next to zero knowledge about any of the characters. Unlike better-known MCU heroes like Captain America, Thor and Iron Man, I went into the first movie

2023-05-05Industriya

Know Famous Celebrities Who Are Involved In Non-Fungible Tokens

Kabuhayan　　Kilalanin ang Mga Sikat na Artista na Kasangkot Sa Mga Non-Fungible na Token　　9 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Interesado na ngayon ang mga kilalang tao na magkaroon ng Non-Fungible Token. Binago ng mga NFT ang aming pananaw sa pagtingin sa digital art. Ang Bored Ape Yacht Club at crypto punk ay ang mga bagong paborito sa mga celebrity. Kanina, ilang piraso ng NFT ang kinanta ni Madonna. Nag-highlight siya ng mga cartoon portrait ng mga bored na app. Kahit na ang ilang mga patalastas na nag-eendorso sa crypto exchange FTX ni Tom Brady ay nagpapakita ng kamakailang pagkahumaling sa mga NFT.　　Pansinin ang Mga Sikat na Artista na May Hawak ng Mga Sikat na NFT　　Ang celebrity na si Kim Kardashian ay nagbubuhos ng ilang digital art piece tulad ng EMAX token sa Instagram. Ang mga koleksyon tulad ng BAYC at CryptoPunks ay naging ilan sa mga pinakamahal na piraso ng sining.　　Nyla Hayes, 12, ay nakagawa na ng balita sa pamamagitan ng pagkamit ng $ 6 milyon sa mga NFT. Ang mga sikat na personalidad tulad nina Elon Musk at Mark Zuckerberg ay nauugnay din sa interes sa ibat ibang NFT. Nangangahulugan ito na tataas ang interes ng mga tao sa

2023-05-05Industriya

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