Pinakabagong Balita sa Crypto at Market Updates

Ethereum (ETH) Hits New All-Time High Just in Time for Major Shanghai Update

Ethereum　　Ethereum (ETH) Hits New All-Time High Just in Time for Major Shanghai Update　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereum (ETH) shatters records right before game-changing Shanghai update　　The Ethereum (ETH) blockchain has achieved a new milestone, with the number of non-zero addresses reaching an all-time high of 97 million, according to Glassnode data. This record-breaking achievement comes just in time for the highly anticipated Shanghai update, which will take place in almost three days, approximately April 12.　　The surge in non-zero addresses indicates growing interest in ETH, as more people are creating wallets and investing in the cryptocurrency. This is a positive sign for the ecosystem, as it reflects wider adoption of decentralized finance (DeFi) and non-fungible tokens (NFTs) built on top of the Ethereum network.　　Ethereums Shanghai hard fork　　The upcoming Shanghai update, or more specifically the hard fork, will result in the unlocking of around 18 million ETH from staking for validators and other staking participants.　　Some validators have been waiting over two years for access to their locked Ethereum coins. Now, as part of the update, they will be able to collect their ETH and staking rewards, which amount to around 15% of the coins supply. It is important to note

2023-04-09Ethereum

Big Move Imminent for Ethereum-Based Altcoin, According to Analytics Firm Santiment

crypto Ethereum　　Big Move Imminent for Ethereum-Based Altcoin, According to Analytics Firm Santiment　　18 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　A leading analytics firm says that an Ethereum (ETH)-based altcoin thats flying under the radar could be gearing up for a big surge.　　In a new report, Santiment says that ApeCoin (APE), the native token of the Bored Ape Yacht Club community, is displaying the same on-chain signal that decentralized exchange Stargate Finance (STG) flashed late last month prior to its nearly 50% rally.　　According to Santiment, APEs network activity is on the up and up, which it says could be a precursor for a burst to the upside.　　Pinagmulan: Santiment　　Although APE is giving off a bullish on-chain reading, Santiment says the signal does not guarantee that the metaverse-focused altcoin will rally. However, Santiment says that APE could be the first out of the gate if traders suddenly flip bullish on crypto.　　At time of writing, APE is trading for $4.23.

2023-04-09Ethereum

ETH Liquid Staking Tokens Drop 8% Daily, Bitcoin Stalls at $28K: Weekend Watch

Bitcoin Ethereum　　ETH Liquid Staking Tokens Drop 8% Daily, Bitcoin Stalls at $28K: Weekend Watch　　20 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The low trading volumes during the weekend have resulted in a stalled bitcoin performance as the asset sits quietly at around $28,000.　　Most altcoins are slightly in the red today, while two of the largest ETH liquid staking tokens – LDO and FXS – have dropped hard.　　BTC Boring at $28K　　The working week brought a lot of volatility, especially its start when BTC plummeted by roughly a grand following the fake news surrounding Binance and its CEO. As it turned out that Interpol had not actually issued a Red Notice on CZ, BTC recovered all losses and even went on the offensive toward $29,000.　　However, the asset failed to challenge that level and was stopped $200 away from it. The subsequent rejection drove it further south, and BTC fell beneath $28,000 just a few days later.　　Since then, it has been unable to bounce back up substantially and trades in a tight range between $27,800 and $28,200. The past 24 hours were no different, and BTC currently sits just below $28,000.　　Its market capitalization has dipped below $540 billion, while its dominance over the alts

2023-04-09Ethereum

ETH Options IV Dropped Sharply Despite Upcoming Shanghai Upgrade

Ethereum　　Ang ETH Options IV ay Biglang Bumagsak Sa kabila ng Paparating na Shanghai Upgrade　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Wu Blockchain tweeted that ETH Options Implied Volatility has dropped sharply recently.　　The tweet attributed the sharp drop to a drop in market liquidity due to Easter.　　ETHs price dropped 2.11% in the last 24 hours and stands at $1,836.69 at press time.　　Wu Blockchain (@WuBlockchain) tweeted this morning that Ethereum (ETH) options Implied Volatility has seen a sharp drop despite the impending Shanghai upgrade. According to the tiririt, the main reason for the sharp drop in ETH options Implied Volatility is because of a drop in market liquidity due to Easter.　　At press time, the price of the leading altcoin is down 2.11% after printing a 24-hour loss according to CoinMarketCap. Despite the 24-hour drop, ETHs weekly price performance remains in the green at +0.92%. As a result, the price of ETH stands at $1,836.69 presently.　　Furthermore, Bitcoin (BTC) outperformed ETH in the last 24 hours and ETH is currently down 1.50% against the market leader.　　Pang-araw-araw na tsart para sa ETH/USDT (Source: TradingView)　　ETH‘s price has dropped below the key support level at around $1,845 recently. In addition, the altcoin’s price has also dropped below

2023-04-09Ethereum

Bitcoin Network Surge in Mining Difficulty and Hash Rate

With the broader cryptocurrency market picking up its pace back, related operations are apparently getting back to normalcy. Crypto mining operations are also working fine, even better than where it was during the past months. For a long time, bitcoin (BTC) mining difficulty was also struggling and affecting the mining rewards. Now the recent data shows the surge in this metric and increasing revenue for Bitcoin miners.　　Several mining hash rate trackers confirm the computing power to tread at a record high. Currently, as reported, it is revolving around a record high of 342.16 exahashes per second.　　Primarily the mining difficulty is defined as the required processing power for mining a block over the blockchain. Data suggests that the block height on April 7, mounted to 784,224 blocks. Earlier the difficulty rate of the first cryptocurrency blockchain networks was also reported to jump up to 8% during the last month.　　Mining difficulty is tailing behind the spiking hash rate reaching an all-time high. It witnessed an increase for the fourth time in a row. With the mining difficulty increasing, the miner revenue is also on the rise. In the aftermath of the recent crypto winter, which went on to hard-hitting crypto entities, the

2023-04-09Industriya

Economist Peter Schiff Advises Get Rid of Your US Dollars Now — Warns USDs Reserve Currency Status in Jeopardy – Economics Bitcoin News

Economist Peter Schiff has urged people to get rid of their U.S. dollars now as a growing number of countries have escalated their efforts to reduce their dependence on the U.S. and the USD. “The dollars reserve currency status is in jeopardy, as is the American standard of living that depends on it. The best move you can make to mitigate your personal loss is to divest of dollars and dollar-denominated financial assets,” he stressed.　　Get Rid of U.S. Dollars Now, Says Peter Schiff　　Gold bug and economist Peter Schiff has urged U.S. dollar holders to get rid of their USD now. He tweeted Friday:　　How much clearer does the writing on the wall need to be？ Get rid of your U.S. dollars now, while there‘s still enough people who still can’t read it.　　His tweet was prompted by an article titled, “Saudi Arabia, Southeast Asian Nations Swipe Left on US Dollar Dependence,” which highlights the mounting efforts by countries in Southeast Asia and the Middle East, particularly Saudi Arabia and ASEAN nations, to reduce their reliance on the U.S. and the dollar. The Turkish central bank also recently unveiled measures to ramp up their de-dollarization efforts.　　Schiff tweeted on Thursday:　　The dollars reserve currency status

2023-04-09Bitcoin

Tether Market Capitalization Reached $82.51B Surpassing USDC

Tether Market Capitalization reached over $80 Billion for the first time in the last 11 months. On April 05, the market capitalization of USDT reached $ 80.140 billion following the rising trend. On April 03, the market cap was $82.404, and the highest market capitalization recorded was $82.518 Billion.　　USDT is an asset-backed stablecoin issued by Tether, a Hong Kong-based company. The value of stablecoin always remains in the ratio of 1:1. According to White of Tether, for every stablecoin issued, a reserved asset is kept for every issued USDC.　　Pinagmulan: CoinMarketCap　　According to CoinMarketCap, at press time, the trading volume of USDT surpassed the 24-hour trading volume of Bitcoin. In a 24-hour trading session trading volume of Bitcoin is over $12 billion, and USDTs 24-hour trading volume is above $22 billion. The rising market capitalization is making a staircase pattern.　　CoinMarket ranked USDT third and its competitor USDC Coin is ranked fifth.　　At a point in time, market capitalization and market rank of USDT were below USD.　　At press time USD coin has a market capitalization of $32 billion. USDC‘s market capitalization is 60% less than USDT’s market capitalization.　　After the Silicon Valley Bank collapse, USDT cleared that it has no exposure with Silvergate, Signature Bank

2023-04-09Industriya

Auditor and underwriters cited in SVB collapse lawsuit

An auditor and underwriters have reportedly been named for the first time in a lawsuit concerning the collapse of Silicon Valley Bank.　　SVB‘s auditor KMPG along with underwriters including Goldman Sachs, Bank of America and Morgan Stanley, in an investor lawsuit based on alleged misstatements leading to the bank’s collapse, according to Bloomberg.　　The complaint was filed Friday in the federal court in San Francisco.　　The suit names Silicon Valley Bank Chief Executive Officer Greg Becker and other bank directors and officers as defendants.　　FDIC SAYS FIRST CITIZENS BANK HAS REACHED DEAL TO PURCHASE SILICON VALLEY BANK　　Ang logo ng SVB (Silicon Valley Bank) ay makikita sa larawang ito na kinunan noong Marso 19, 2023.　　.Collectively, the defendants “misrepresented the strength of the companys balance sheet, liquidity, and position in the market,” according to the lawsuit.　　BASAHIN SA FOX BUSINESS APP　　The executives, auditor and underwriters “understated and concealed the magnitude of the risks” facing the bank, which undermined the value of its own securities portfolio, it said.　　FOX Business has reached out to KPMG, Goldman Sachs, Bank of America, Morgan Stanley and Keefe, Bruyette & Woods, Inc., which is named as an underwriter defendant, for comment.　　AMERICANS FAITH IN BANKS DROPS AFTER FAILURES: POLL　　Naghihintay ang mga customer sa linya

2023-04-09Industriya

5 S&P 500 Stocks Near Buy Points As Recession Fears Rise

S&P 500 medical stocks Cardinal Kalusugan (CAH), Mga gamot sa Vertex (VRTX), Merck (MRK), Matalinong Surgical (ISRG) at Insulet (PODD) are in focus this week.　　Medical stocks are coming into favor again — with companies involved in biotech, pharmaceuticals, medical products and more bouncing back.　　The major indexes held up well in a holiday-shortened trading week, but many sectors and leading stocks sold off hard. The Nasdaq fell, but recovered the 12,000 level Thursday. Meanwhile, the S&P 500 edged lower while the Dow Jones moved higher.　　Many stocks suffered significant damage during the week. However, S&P 500 medical stocks held up, as health-care related plays tend to do well in tricky markets and economic conditions.　　Medical stocks are seen as defensive growth because government and private insurance covers the vast majority of health-care costs, making them recession-resistance. But will this rotation into medical stocks continue？　　A lot may depend on whether recession fears continue to grow. On Friday, the March jobs report showed slowing hiring and wage growth but also declining unemployment.　　S&P 500: Cardinal Health Stock　　CAH shares jumped 4.9% to 79.23 this past week. The drug and medical supplies distributor has shot up nearly 16% since it hit a recent low of 68.53 on March

2023-04-09Industriya

Ethereum’s Shanghai Upgrade and Why the Industry is Excited?

Ethereum is coming up with yet another improvement, the Shanghai Upgrade on April 12, leaving the crypto sector excited. The upgrade would allow billions of withdrawals of their native token Ether. As stakers who have previously staked them for various reasons can now un-stake, speculations are that this could bring the prices down as huge amounts will be in the market.　　The Much-awaited Shanghai Upgrade　　From its inception till September 2022, Ethereum incorporated energy-intensive proof-of-work (PoW) for transactions. This changed with a hard fork called Merge, and they shifted to proof-of-stake (PoS). This process involved users staking Ether to become validators and earn rewards in return. However, these staked Ether could not be withdrawn; the Shanghai upgrade would allow them to un-stake them. Studies show that almost 16% of the ETH supply is staked and valued at around $37 billion.　　However, it is unclear if the users would cash the staked ETH, as the values have fluctuated wildly over the years, especially since crypto winter started in 2022. Speculations are that the initial demand for withdrawal could exceed the new staking on the blockchain. But as time passes, the opportunity to withdraw staked ETH could make the proposition of Ether staking more rewarding

2023-04-09Ethereum

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