Ethereums exchange inflows reach 11-month high; How can it affect ETH price? - BitcoinEthereumNews.com

As the cryptocurrency market begins to show signs of stability as Bitcoin (BTC) momentarily holds above the crucial $20,000 support level the second largest digital asset by market cap, Ethereum (ETH), has also seen its price rise significantly in the last week.  Despite the inflow into Ethereums market cap in the last week, the DeFi asset is also seeing substantial inflows onto mga palitan ng crypto in tandem with the largest profit ratio since last August, according to data shared by behavior analysis platform Santiment sa Hulyo 7.  Indeed, Ethereum saw a net of over 220,000 coins moving on to exchanges on July 6, the highest daily amount in 11 months based on the Ratio of daily on-chain transaction volume in profit to loss (ETH). As a result, of the enormous inflow, the platform warned:  “Thus far today, were seeing the largest ratio of ETH profit taking vs. loss transactions since April. Be cautious in these conditions.”  Ethereum exchange flow balance. Source: SantimentPagsusuri ng presyo ng Ethereum  Besides the Ethereum exchange flow balance, the digital asset is currently trading at $1,220, up 7.53% in the last 24 hours and a further 18.92% over the previous week, taking the cryptocurrencys total market worth to $148.2 billion,

2022-07-08Ethereum

Ethereum Layer 2 Immutable X Launches ETH-to-Dollar Withdrawals - BitcoinEthereumNews.com

EthereumAng Ethereum Layer 2 Immutable X ay Naglulunsad ng ETH-to-Dollar Withdrawals07 / 07 / 2022Balita ng Ethereum ng BitcoinKey Takeaways  Immutable X users can now withdrawal ETH funds directly to their bank accounts in U.S. dollars.  The new functionality is powered by the crypto fintech company Moonpay.  The service is currently only available in the EU, U.K., and select U.S. states.  Ibahagi ang artikulong ito  The Ethereum Layer 2 solution Immutable X has added crypto-to-fiat functionality in the latest version of its software developer kit.  Immutable Enables ETH-to-Dollar Withdrawals  Immutable is making it more convenient to switch between ETH and U.S. dollars.  The Ethereum Layer 2 project anunsyado Tuesday that the latest version of its software developer kit now includes crypto-to-fiat off-ramp functionality. Developers building on Immutable X can now enable their users to sell ETH and have the proceeds deposited directly to their bank accounts in U.S dollars.  “Every game, marketplace and app building on @immutable just got fiat offramps. One more step to mainstream,” said Immutable co-founder Robbie Ferguson in a Twitter post anouncing the update. Immutable X is an Ethereum Layer 2 built using ng StarkWare Zero-Knowledge Rollup technology. The platform provides tooling for developers to easily integrate NFTs into their games and applications while taking

2022-07-07Ethereum

Ethereum: passed the penultimate Merge test - BitcoinEthereumNews.com

EthereumEthereum: passed the penultimate Merge test07 / 07 / 2022Balita ng Ethereum ng Bitcoin  Ang Merge of Ethereums Sepolia testnet has been successfully completed.  Buod ng Sepolia:n– Ang paglipat mismo ay isang tagumpay n– 25-30% ng mga validator ay nag-offline sa ilang sandali pagkatapos ng pagsasaman– Ang mga offline validator ay dahil sa mga maling confign– Simula noon, ang mga offline na partido ay nag-update ng kanilang mga config, at ang mga validator ay tapos na  (patuloy)  — terence.eth (@terencechain) Hulyo 6, 2022  Ethereums Merge is getting ever closer  Although about 30% of validators went offline at the time of the Merge, they later came back online after updating their software. No client bugs have surfaced.  Sepolia is Ethereums new main testnet, as it was designed specifically for the new PoS-based Beacon Chain. The success of this test, far from a foregone conclusion, paves the way for the final Merge on the mainet.  Previously, the Merge on the previous mainet testnet, Ropsten, had also been successful, so there is now only one more to go on the Goerli testnet.  The date for this last test has not yet been decided, but it is possible that it will take place in August. At that point, if successful, it is possible

2022-07-07Ethereum

Here’s What’s Next for Bitcoin, Chainlink and One Ethereum Competitor, According to Top Trader - BitcoinEthereumNews.com

Bitcoin EthereumHere‘s What’s Next for Bitcoin, Chainlink and One Ethereum Competitor, According to Top Trader07 / 07 / 2022Balita ng Ethereum ng Bitcoin  A popular analyst is diagnosing the state of four leading crypto assets as the markets approach the weekend on cautious footing.  Pseudonymous crypto analyst na si Altcoin Sherpa nagsasabi his 180,000 Twitter followers that if Bitcoin (BTC) can recapture the $20,300 area, then hell be eyeing $21,600 as the next leg up.  Still need to see a reclaim of this $20,300 region before any further upside [in my opinion].  $21,600 would be the next target.  Source: Altcoin Sherpa / Twitter  Bitcoin is up 3.15% over the last 24 hours at time of writing, changing hands for $20,207.  The analyst next looks at decentralized oracle network Chainlink (LINK), noting LINKs current sideways price action is likely a sign of investors loading up their bags in anticipation of a future rally.  I think this looks like its accumulating to me personally. I think this continues to chop around for the next several weeks before a move up.  The strength of the next move up will depend on how long it accumulates – the longer the chop, the stronger the move.  Source: Altcoin Sherpa / Twitter  Chainlink is also in the

2022-07-07Ethereum

This Landmark Law Aims To End Crypto As We Know It In 2023 As Price Of Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, And Dogecoin Rebound - BitcoinEthereumNews.com

Bitcoin crypto EthereumAng Landmark Law na ito ay naglalayong Tapusin ang Crypto Gaya ng Alam Natin Sa 2023 Bilang Presyo ng Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, At Dogecoin Rebound07 / 07 / 2022Balita ng Ethereum ng Bitcoin  The crypto market turned green in the first week of July.  The price of bitcoin gained 7.4% and ethereum‘s price rebounded a whopping 15.2% this month. CardanoADAn is up 5.2%, XRPXRPn 6.9%, solana 17.2%, dogecoin 8.9%, BNBBNBn 14.2%. On the flip side, Terra’s “luna 2.0” fell another 4%.  Meanwhile, last week, the EU struck a provisional deal on a groundbreaking set of crypto rules. Known as Markets in Crypto-Assets (MiCA), the landmark law is set to come into effect in 2023 and become the worlds first regulatory framework for digital assets.  “Today, we put order in the Wild West of crypto assets and set clear rules for a harmonized market that will provide legal certainty for crypto asset issuers, guarantee equal rights for service providers and ensure high standards for consumers and investors,” said Stefan Berger, an European Parliament member who is in charge of MiCA.  European Parliament  Ang AFP sa pamamagitan ng Getty Imagesn  Pag-zoom Out  Heres a quick run-through of key MiCA and other crypto provisions the EU

2022-07-07Ethereum

Ethereum Network Successfully Completed Sepolia Merge Trial - BitcoinEthereumNews.com

Altcoin News  Next week, the Goerli network will have a final Merge test.  the Merge, will minimize ETH emission and improve network energy efficiency.  Sepolia, Ethereums public test network, has completed its second-to-last significant Merge trial, clearing the door for the adoption of the Katunayan ng Stake (PoS) consensus. Even though it was generally considered a success, there were a few mishaps. Next week, the Goerli network will have a final Merge test before it can be approved for use in an official Merge on Ethereum.  Salamat sa lahat ng nanood ng Sepolia merge livestream!!  Matagumpay na dumaan ang transition ng Sepolia merge (at natapos ang chain!) kaya oras na para sa pagsubaybay sa susunod na mga araw.  Pagkatapos ay pinagsama namin si Goerli...  …tapos mainet  Malapit na ang Pagsasama ????  - sassal.eth ???????????? (@ sassal0x) Hulyo 6, 2022  Ethereum educator Anthony Sassano anounced on Twitter on Wednesday that the Merge transition successfully migrated to the Sepolia testnet and that the network would be watched for a few more days.  Ethereum Merger 2.0 Closer  Ethereums second public Merge testnet, Sepolia, was successfully launched on Ropsten earlier last month. It will then be tested on the Goerli testnet before being rolled over to the Ethereum mainet. The Goerli debut is anticipated in the

2022-07-07Ethereum

$18.5 Breakout May Soar AVAX Recovery by 14.7% - BitcoinEthereumNews.com

Teknolohiya$18.5 Breakout May Soar AVAX Recovery by 14.7%07 / 06 / 2022Balita ng Ethereum ng Bitcoin  Nai-publish 10 minuto na ang nakakaraan  Sa nakalipas na tatlong linggo, ang AVAX / USDT price action has been wavering in response to a cup and handle pattern. The altcoin is currently forming the handle portion of the pattern,which should surge the price 14.73% higher to reach $22.1. A potential breakout from this resistance would propel further recovery in price.  Pangunahing puntos:   The AVAX price breached a minor resistance level of $18.5  The Daily-RSI slope is on the verge of entering the bullish territory  Ang intraday trading volume sa AVAX/USD ay $378.9 Million, na nagpapahiwatig ng 70% na pagbagsak.  Noong ika-26 ng Hunyo, ang Avalanche (AVAX) recovery took a sudden turn around from the $22.21 resistance with a long bearish engulfing candle. Furthermore, the crypto market witnessed a sudden sell-off in late June, which bolstered the price fall within AVAX.  The downfall depreciated the altcoin by 28.5%, where it reached a low of $15.85. However, this revert acted as a retest to breached resistance trendline, which carried the bear attack Mid-May.  The replenished bullish momentum soared the AVAX price by 20.5%, where it is trading at the $18.97 mark. Furthermore, the five

2022-07-07Industriya

Ang higanteng pagmimina ay napipilitang ibenta ang 79% ng BTC para magbayad ng utang - BitcoinEthereumNews.com

BitcoinAng higanteng pagmimina ay napipilitang ibenta ang 79% ng BTC upang magbayad ng utang07 / 06 / 2022Balita ng Ethereum ng Bitcoin  Isa sa mga nangungunang kumpanya ng pagmimina ng crypto, Pang-agham na Pang-agham, despatsado 79% nito Bitcoin holdings noong Hunyo upang makaligtas sa bear market. Nagbenta ang kumpanya ng 7,202 Bitcoins para sa humigit-kumulang $23,000 bawat isa, na nakakuha ng halos $167 milyon.  Ayon sa buwanang kumpanya anunsyo, ginamit ng Core Scientific ang cash para magbayad para sa mga server ng ASIC at naka-iskedyul na utang. Noong Hunyo 30, hawak ng Core Scientific ang 1,959 Bitcoins, na katumbas ng humigit-kumulang $132 milyon.  Ang CEO ng Core Scientific na si Mike Levitt ay nagsabi na ang kasalukuyang bear market ay naglalagay ng matinding presyon sa merkado, habang ang mga rate ng interes at inflation ay tumataas din. Sinabi niya:  Ang aming kumpanya ay matagumpay na nakaranas ng mga pagbagsak sa nakaraan, at kami ay tiwala sa aming kakayahang mag-navigate sa kasalukuyang kaguluhan sa merkado.  Nagsusumikap kaming palakasin ang aming balanse at pahusayin ang pagkatubig upang matugunan ang mapaghamong kapaligirang ito, at patuloy na naniniwala na kami ay magpapatakbo ng higit sa 30 EH/s sa aming mga data center sa katapusan ng taon 2022.  Ang Core Scientific

2022-07-07Industriya

DeFi protocol Porter Finance shuts down bond issuance platform after just one month - BitcoinEthereumNews.com

TeknolohiyaIsinasara ng DeFi protocol Porter Finance ang platform ng pagbibigay ng bono pagkatapos lamang ng isang buwan07 / 06 / 2022Balita ng Ethereum ng Bitcoin  Porter Finance, a decentralized finance, or DeFi, protocol based on the Ethereum (ETH) blockchain, anounced Tuesday that it was shutting down its bond issuance platform. In explaining the discussion, Porter Finance said:  “Looking forward, we are not confident there will be large inflows of lending demand for fixed income DeFi products like the ones offered through Porter Finance. This is primarily due to the competitiveness of rates offered in traditional finance and the lack of institutional fixed income DeFi adoption over the past year. We are also no longer willing to take on the legal risk associated with bond offerings.”  Porter Finance is shutting down its bond issuance platform.  — Porter Finance (@porterfinance_) Hulyo 4, 2022  Just last month, Porter Finance unveiled the first-of-a-kind service in partnership with Ribbon DAO to issue 3,103,224 convertible bonds redeemable for 1 USDC with a maturity date of Dec. 4, 2022. At the time, each bond was issued at a discounted price of 0.9667 USDC per bond with a yield to maturity of 7% after accounting for interest.  In addition, each bond is secured by

2022-07-07Industriya

Shiba Inu Attracts ETH Whales With The Release Of New Token TREAT - Coinpedia - Fintech & Cryptocurreny News Media - BitcoinEthereumNews.com

EthereumShiba Inu Attracts ETH Whales With The Release Of New Token TREAT – Coinpedia – Fintech & Cryptocurreny News Media07 / 06 / 2022Balita ng Ethereum ng Bitcoin  Even with all the volatility in the global cryptocurrency market, Shiba Inu (SHIB) token has been able to maintain its position in the largest Ethereum (ETH) whale wallets.  The SHIB token has emerged as the largest token held by the top 2000 ETH whales, according to WhaleStats. According to the data, there are currently $608.6 million worth of Shiba Inu tokens stored in these wallets. In the meantime, whales have also gathered “ShibDoge” tokens worth $379.5 million.  The second-largest coin owned by the top 1000 Ethereum wallets is SHIB, nevertheless. They have Shiba Inu tokens worth about $592.9 million. Furthermore, the largest of the 100 ETH  whales, according to the data, is holding $536.9 million worth of Shiba Inu tokens. About 16 percent of its total holdings are taken by it. It is the largest token they possess.  Approximately 20 trillion SHIB tokens were transferred from Binance to its wallet by an XRP whale, according to the report. The transfer was estimated to be worth $210.1 million. According to reports, this was the single largest transaction in

2022-07-07Ethereum
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