Pinakabagong Balita sa Crypto at Market Updates

Aave’s New Stablecoin Is GHO for Launch on Ethereum Testnet

Ethereum　　Ang Bagong Stablecoin ng Aave ay GHO para sa Paglulunsad sa Ethereum Testnet　　4 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Open-sourced decentralized finance liquidity protocol Aave is deploying its native stablecoin GHO on Ethereums Goerli testnet.　　Aaves native token (AAVE) spiked by about 10% on the news, before retreating 5%, to change hands around $86 as of Thursday at 11:30 am ET.　　The protocol has invited the wider Aave community and prospective integrators to start testing GHO and begin providing feedback on GitHub or an online pagtitipon.　　The concept was first introduced by Aave Companies in July 2022 after it saw an opportunity for the Aave protocol to introduce a decentralized multi-collateral stablecoin into the market.　　“Stablecoins are the backbone of the crypto economy and their usage will continue to grow as more people realize that non-custodial and smart contract-based systems bring unprecedented certainty and transparency into global finance, resulting in greater adoption,” Stani Kulechov, founder and CEO of Aave Companies said in a statement.　　The GHO oracle price is fixed at $1. Transactions will be conducted on smart contracts, and information on minting and burning will be available on-chain.　　So how do I mint the token？　　GHO is designed so that users must supply collateral to be

2023-02-11Ethereum

Yuga Labs Collections Drive 60% ETH NFT Market Decline in 2022

Ethereum Mga NFT　　Yuga Labs Collections Drive 60% ETH NFT Market Decline in 2022　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　A new report by DappRadar reveals that Ethereum‘s NFT market cap fell from $9.3 billion to $3.7 billion last year, with Yuga Labs’ Otherdeeds collection falling the most.　　The report found that the market cap of Otherdeeds, an NFT collection forming a crucial part of Yuga Labs metaverse ambitions, fell 86% in 2022 to $356 million.　　Yuga Labs Major Collections Post Significant Losses　　Ayon sa ulat, Yuga Labs‘ collections make up 67% of the total market cap of Ethereum NFTs, with Bored Bakulaw Yacht Club and CryptoPunks contributing almost half of the company’s overall NFT market cap.　　The 200,000-piece Otherdeeds collection raked in over $700 million upon launch, pushing its market cap to $2.5 billion. By the end of 2022, the market cap fell 86%.　　Bored Ape Yacht Clubs capitalization fell by almost 65% to $934 million by the end of 2022, while the valuation of the less popular Bored Ape Kennel Club declined by nearly 50% to $101 million.　　Also down was Yuga Labs Mutant Ape Yacht Club collection, whose market cap decreased 64.8% to $373 million by year-end.　　CryptoPunks Floor Price Defies Bear Market as Collection

2023-02-11Ethereum

Marc Andreessen: Ethereum and Web3 Lead Bitcoin on Tech Innovation

Bitcoin Ethereum　　Marc Andreessen: Ethereum and Web3 Lead Bitcoin on Tech Innovation　　6 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Marc Andreessen, best known for co-founding web browser Netscape and Silicon Valley venture capital fund a16z, is still invested in the crypto industry, even though his expectations around Bitcoin didnt pan out.　　In 2014, Andreessen hinulaang that the world would be talking about Bitcoin the same way they did about the internet. The tech investor may have now changed his mind somewhat, but is still heavy on the industry as a whole.　　He told Reason Magazine in an pakikipanayam published Wednesday that, back then, he thought Bitcoin was a tech innovation that would develop to support several other applications just like the internet, but that it “basically stopped evolving.” He now has his sights set on Ethereum being at the core of transformation.　　“What happened was a bunch of other projects emerged and took that place, and the big one right now is Ethereum. I would either say Ethereum instead of Bitcoin, or I would just say crypto or Web3 instead of Bitcoin,” he said.　　According to the early Facebook investor, Web3 has all the features of the internet that people knew they wanted to have when

2023-02-11Ethereum

JPMorgan Estimates Ethereum Shanghai Upgrade Might Bring More Investors to Stake in the Protocol – News Bitcoin News

Bitcoin Ethereum　　Tinataya ng JPMorgan ang Ethereum Shanghai Upgrade na Maaaring Magdala ng Higit pang mga Investor sa Stake sa Protocol – Balita Bitcoin News　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　JPMorgan, one of the biggest financial institutions in the world, estimates that the arrival of the next Ethereum upgrade, codenamed Shanghai, will bring more investors to stake their funds in the protocol. The firm believes that this number might reach 60% of the ether issued, a number already staked in other blockchain networks.　　JPMorgan Expects Ethereum Shanghai Upgrade to Bring More Funds to the Network　　A recent report by JPMorgan has revealed that the upcoming Shanghai upgrade, slated to be applied in March, might bring more capital to the network. The investment bank estimates that Shanghai will bring Ethereums stake percentage to the number of other popular proof of stake networks have, more than four times the ether currently staked.　　Ang ulat ipinaliwanag:　　Assuming the staking rate converges over time to the 60% average of other large networks, the number of validators could increase from $0.5 million to$ 2.2 million and the annual yield in ETH would fall from 7.4% today to around 5%.　　14% of the issuance of ether is currently staked, and cannot

2023-02-11Ethereum

SEC Staking Crackdown Could be Positive For Decentralized ETH

blockchain Ethereum　　SEC Staking Crackdown Could be Positive For Decentralized ETH　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　On Feb. 9, Gary Gensler and his SEC took aim at Kraken and its staking-as-a-service products. The regulator claims that the U.S. crypto exchange is offering unregistered securities through its staking services.　　Consequently, Kraken suspendido staking-as-a-service, and crypto markets have nadulas.　　On Feb. 10, popular analyst and trader Alex Krüger put a positive spin on the latest regulatory crackdown by Uncle Sam.　　He said that a ban on staking, which the SEC is angling for, could push staking off-chain or overseas. This would decentralize Ethereum even further as would no longer be under the hammer of U.S. regulators.　　Positive narrative spin for later: banning US exchanges/custodians from offering staking services pushes staking offchain or abroad = ETH is no longer centralized and under the grasp of US regulators.　　Decentralized ETH is better ETH.　　- Alex Krüger (@krugermacro) Pebrero 9, 2023　　Ethereum Can Escape Clutches of US Regulators　　Krüger went on to predict that the narrative could turn positive just as it did after China banned Bitcoin and the miner exodus further decentralized the network further.　　“See this spin kicking in in a few weeks … similar to how it happened when China banned

2023-02-11Ethereum

Big Eyes Coin crypto to buy as Ethereum, tezos- The Cryptonomist

crypto Ethereum　　Big Eyes Coin crypto to buy as Ethereum, tezos- The Cryptonomist　　8 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　SPONSORED POST *　　With such a wide variety of cryptocurrencies on the market, it can be hard to make a decision about which ones are worth investing your money in. Be it a token ranked in the top 10 by market cap that has existed in the market for years or something new with potential despite being unreleased. There is no way to know if your investment will prove to be profitable. The tide can change very quickly, and losses are inevitable, but finding a crypto where you can be confident in its consistency is a big deal. These following cryptos are three projects that have either proven their ability to maintain their growth or have shown incredible potential to do so in the future.　　If you have even a surface-level interest in crypto, you have undoubtedly heard of Ethereum. It has held the second position at the top of the rank list of all crypto by market cap since 2018, and it is the picture of consistency. Unlike the only crypto, it is second to Bitcoin BTC), Ethereum isn‘t a cryptocurrency but rather

2023-02-11Ethereum

Crypto Market Sheds $40B as Bitcoin, Ethereum Prices Sink

Bitcoin crypto Ethereum　　Crypto Market Sheds $40B as Bitcoin, Ethereum Prices Sink　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Bitcoin (BTC) fell another 4% over the day, changing hands around $21,830, according to data from CoinGecko.　　The drop comes just a day after the leading cryptocurrency bumaba sa $23,000 on Thursday, hitting a daily low of $21,696 in the process.　　The last time Bitcoin was trading at these levels was on January 20 amid the New Lunar Year bull run that eventually took the price of BTC over $24,000.　　Ethereum (ETH), the industrys second-largest cryptocurrency, lost 5.4% in value over the day, currently trading around $1,545, with several other popular coins suffering even bigger losses over the past 24 hours.　　Kabilang dito ang Kardan (ADA) at Dogecoin (DOGE), which shed 6.5% and 7% over the day, respectively.　　Solana (SOL) is down 7.9% over the day, followed by Pagguho ng yelo (AVAX) at Polkadot (DOT), with the latter two losing 8.4% and 8.8% in value, respectively.　　The combined market capitalization of all cryptocurrencies, which stood at $1.1 trillion yesterday, sank to $1.06 trillion at the time of this writing, per CoinGecko.　　Kraken crackdown rocks crypto　　The industry was rocked on Wednesday was the U.S. Securities and Exchange Commission (SEC) slapping crypto

2023-02-11Ethereum

Network Activity on Ethereum Is Up, With Uniswap Leading the Charge

Ethereum　　Ang Aktibidad sa Network sa Ethereum ay Taas, Sa Uniswap Nangunguna sa Pagsingil　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereum is entering its fourth consecutive week of deflationary issuance as activity on the network grows.　　A deflationary issuance rate for cryptocurrencies means that the number of tokens being burnt is greater than the number of tokens being minted. This implies that the token is limited in supply compared to demand, giving the currency greater purchasing power.　　Growing activity in decentralized platforms could indicate more people turning to DeFi after the collapse of its centralized competitors last year, Michael Bentley, CEO and co-founder of DeFi lending protocol Euler, told Blockworks.　　“Sumusunod mga pag-upgrade ng protocol last year, Ethereum has an in-built fee burning mechanism that ensures that the more people transact on the network, the more ETH gets burned,” Bentley said.　　At the time of writing, the annualized inflation rate for Ethereum currently sits at -0.01% according to information from ultrasound.pera.　　“Theres so much activity on Ethereum in early 2023 that ETH itself is becoming more and more scarce, and has even recently become a deflationary asset,” Bentley said.　　Over the past seven days, Uniswaps universal router has burned almost 2,500 ETH, taking the top spot in

2023-02-11Ethereum

This Whale Stirs Splashes, Leads to ETH Price Fluctuates

Ethereum　　Ang Balyena na ito ay Gumagalaw, Nagreresulta sa Pagbabago ng Presyo ng ETH　　4 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereum has gained over 40% since December 2022.　　Activities from a suspicious wallet appear to be the reason behind this.　　Amid the crypto market recovering from the FTX fiasco, leading coins witnessed price surges, and altcoins followed to form a relief rally. Many observers find different factors to attribute to the soaring price of the assets—whale activities are crucial.　　Is Vitalik Buterin Behind This Whale Wallet？　　Whales always held a few strings to drive the market per their whim. One such whale wallet worth $10 billion was observed to create some splashes in the crypto market. The whale wallet 0x50F…e17 was observed to become active around when the FED sat down to ponder the interest rate to curb inflation.　　The pattern observed in the movement was unique, and many speculate it influenced the crypto market. The wallet is observed to hold USDC, and after converting it to USDT, it opts for exchanges like Coinbase and Kraken to trade in Ethereum (ETH). Coincidentally, ETH has taken a path of price rally whenever this movement has occurred.　　The whale wallet uses multiple other subsidiary wallets 0x93c…Ff53, 0x6af…87a1, 0x4AF…95E8, 0x561…63F5,

2023-02-11Ethereum

ETH Faces Tremors This Week, Will It Go Beyond Resistance 1?

Ethereum　　Hinaharap ng ETH ang mga Panginginig Ngayong Linggo, Lalampas Ba Ito sa Paglaban 1？　　Balita ng Ethereum ng Bitcoin　　Crypto Tony claimed that ETH was rejected again from the supply zone.　　Ethereums native token is currently above the 200 EMA, which could indicate a bull run.　　Indicators show that there could be an unpredictable nature of ETH.　　Taking to Twitter, popular crypto analyst, Crypto Tony, shared an update about the ETH/USD trading pair. The crypto analyst claimed that ETH was rejected again from the supply zone; moreover, advised investors that they need it to flip at the current level into the support for the long run.　　When looking at the 4-hour chart, Ethereums native token is currently above the 200 EMA, however, it recently broke through the 50 EMA line, still within its range. While the start of the new year saw the start of a bull run, currently, ETH is fighting hard to remain in a bullish season.　　Yesterday, ETH reached the Resistance 1 region, before traveling downwards to meet the 50 EMA. Before the current position, ETH observed two patterns, the double top, and the double bottom. While the double top provided an entry for ETH to be below the Resistance 1 region, the double

2023-02-10Ethereum

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