Pinakabagong Balita sa Crypto at Market Updates

Ethereum network records extremely low fees as on-chain activity diminishes - BitcoinEthereumNews.com

EthereumAng Ethereum network ay nagtatala ng napakababang mga bayarin habang lumiliit ang on-chain na aktibidad05 / 27 / 2022Balita ng Ethereum ng Bitcoin　　Bilang masagwa week for most of the cryptocurrency market continues, many of its assets are going through a dry spell in various areas, including the second-largest crypto by market capitalization – Ethereum (ETH).　　Specifically, Ethereum has been recording extremely low fee levels – which is unusual for the one indicator that many of the network‘s critics often pointed out as too high when disparaging it (including the founder Vitalik Buterin, admitting they were a problem for the chain’s usability).　　The information about the low fees was demonstrated on a chart included in a Santiment ulat na inilathala noong Mayo 25.　　Ethereum price (green) versus average gas used in gwei (pink). Source: SantimentSigns of hibernation　　Additionally, the conection between the low fees information and the stablecoin DAI velocity was demonstrated in a tweet and chart nai-publish sa pamamagitan ng on-chain at social metrics platform Santiment sa Mayo 26.　　In it, the platform also states that the continuation of the extremely low fee levels indicates “very minimal activity and hints of stagnancy and fear.”　　Ethereum log price (blue) and DAI velocity conection (pink). Source: Santiment　　Providing a

2022-05-27Ethereum

Plan to Reboot Terra Ecosystem as Terra 2.0 Wins Approval

The proposal to revive the troubled Terra network as Terra 2.0 has received the green light from the community. However, the controversial algorithmic UST stablecoin will not be a part of the rebirth.　　Per the announcement:　　“Terra 2.0 is coming. With overwhelming support, the Terra ecosystem has voted to pass Proposal 1623, calling for the genesis of a new blockchain and the preservation of our community.”　　The collapse of Terras native tokens LUNA and UST sent shockwaves to the crypto market as nearly $60 billion was shed off.　　Do Kwon, the CEO of Terraform Labs, previously opined that hard forking the Terra blockchain would play an instrumental role in saving the ecosystem. 　　Therefore, UST will not be integrated into Terra 2.0 because it is regarded as the genesis of Terra trouble based on its algorithmic nature. The report noted:　　“It will effectively create a new Terra chain without the algorithmic stablecoin. The old chain will be called Terra Classic (token: LUNC), and the new chain will be called Terra (token: LUNA). The chain upgrade will commence a few hours after the Launch snapshot.”　　Since algorithmic-based stablecoins are still at the experimental stage, their volatility is a cause of concern. 　　Anshul Dhir, the co-founder and COO of

2022-05-27Malalim na Pagsisid

Top Ethereum Whale Adds 142 Billion Shiba Inu Amid Price Dip - BitcoinEthereumNews.com

EthereumTop Ethereum Whale Adds 142 Billion Shiba Inu Amid Price Dip05 / 27 / 2022Balita ng Ethereum ng Bitcoin- Advertising -　　Whales feel delighted in buying Shiba Inu dips.　　Top Ethereum Whale Gobbles Up another 142.67 Billion Shiba Inu (SHIB), worth $1.53 Million in Past 24 Hours.　　Ethereums key stakeholder adds another 142.67 Billion SHIB, worth $1.53 Million to her wallet as the dog-themed cryptocurrency dips further below its current support level located at $0.00001125 on the 4 hours chart.　　Taking advantage of discounted prices, the biggest ETH Whale currently ranked 293 on WhaleStats named “BlueWhale0073” exchanged another $1,539,417 ($1.53M) to buy 142,670,797,289 (142.67B) of Shiba Inu tokens through isang makabuluhang transaksyon.　　This marks the whales second noteworthy transaction in less than 72 hours. Formerly on May 24th (Tuesday), she binili 86,740,251,500 (86.74B) SHIB, worth $1,015,728 ($1.015M) in one transaction.　　So far in this week, BlueWhale0073 has accumulated a whopping total of 229,411,048,789 (229.41B), worth $2,555,145 ($2.55M) through two separate transactions.　　Shiba Inu Drops Below Current Support Level:　　The widespread selloff in the global crypto market that began on May 9th is not over yet. Shiba Inu fails to defend its current support level located at $0.00001125 on the 4 hours chart.　　In the past 24 hours, Shiba Inu

2022-05-27Ethereum

XRP Whales on Accumulation Binge As Ethereum (ETH) Flashes a Bullish Signal, According to Crypto Analytics Firm - BitcoinEthereumNews.com

crypto EthereumXRP Whales sa Accumulation Binge Habang ang Ethereum (ETH) ay Nag-flash ng Bullish Signal, Ayon sa Crypto Analytics Firm05 / 27 / 2022Balita ng Ethereum ng Bitcoin　　Blockchain analytics firm Santiment reveals that whales holding between 1 million and 10 million XRP are stocking up on the sixth-largest cryptocurrency by market capitalization amid the current volatility of the digital assets market.　　According to Santiment, the richest non-exchange XRP wallets increased their collective holdings by 2.4% in just 11 days.　　“XRP whales holding between 1M and 10M XRP have collectively been accumulating, and now hold their highest percentage of the assets supply in 2 months. This is the most active tier of non-exchange holders, and currently hold 6.12% of all XRP.”　　Source: Santiment / Twitter　　Santiment says that the group of whales holding at least 10 million XRP hold‘s a majority of the coin’s total supply.　　Yes, that‘s correct, Brad. For reference, here are the top 3 tiers of whales, all using different axes. The yellow line is the one you’re referring to, which is the tier of addresses holding 10M or more $ XRP. They tend to be fairly inactive, and currently hold 73% of the supply. 　　Santiment says that the number of wealthy Bitcoin

2022-05-27Ethereum

ETH Co-Founder Lashes Out At DeFi Model Following Terra Meltdown - BitcoinEthereumNews.com

EthereumETH Co-Founder Lashes Out At DeFi Model Following Terra Meltdown 05 / 27 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum (ETH) co-founder Vitalik Buterin warns folks of risks related to automated stablecoins.　　ETH co-founder highlighted earlier that hes no longer a billionaire.　　Ethereum (ETH) is currently trading at $1,769 and is down by around 3.4% in the last twenty-four hours.　　ETH Co-Founder Vitalik Buterin Warns Folks　　Vitalik Buterin, the Ethereum (ETH) co-founder, has recently highlighted views regarding the projects promising good returns in the current times. He cited that there are no genuine investments that can even get closer to 20% returns anually.　　This seems to be following his analysis of the recent meltdown that the Terra blockchain witnessed. And it gave a spark to the overall crypto market selloff.　　Terras meltdown came as a shock to everyone in the crypto community. TerraUSD (UST) and LUNA slipped to zero, which became a major factor in the bear market. It wiped out around $60 Billion in just Terra coins.　　Tulad ng iniulat ng Bloomberg Buterin signified in a statement, the greater level of scrutiny in DeFI financial mechanisms, especially those that they try very hard to optimize for capital efficiency, is highly welcome.　　And that the greater acknowledgment that present

2022-05-27Ethereum

Mobile Game Publisher Kongregate Launch $40M Fund for Web 3 Developer

Mobile game publisher Kongregate has partnered with Immutable X, Ethereums leading Layer 2 (L2) scaling solution, to launch a $40 million blockchain developer fund.　　This time, the fund will establish the IMX token pool as a grant awarded to the development of blockchain games on the web3 gaming platform Kongregate.com.　　Immutable X provides Ethereum Layer 2 blockchain developers Immutable. Their games earn NFT game items without compromising the security of their assets. It offers instant trade confirmation and near-zero gas fees for minting and trading NFTs.　　According to the company, Kongregate.com will be relaunched later this year.　　Max Murphy, CTO of Kongregate, said the launch of Kongregate.com will create a different destination for developers and gamers.　　Markus Lipp, CEO of Kongregate, stated that: “Blockchain technology allows us to give them a deeper experience in ways not possible with traditional games, from enabling players to help to shape what comes next in the storylines they love to be able to maintain their unique character across titles.”　　Founded in 2016, Kongregate is a leading mobile game publisher and web game portal. Kongregates mobile games have been downloaded tens of millions of times and played hundreds of millions of times. Kongregates portal has over 100,000 free games played by

2022-05-27Malalim na Pagsisid

Ethereum breaks support, drops to yearly low versus Bitcoin - BitcoinEthereumNews.com

Bitcoin EthereumEthereum breaks support, drops to yearly low versus Bitcoin05 / 27 / 2022 　　Ethereum has broken a support level it has held since November 2021 on the ETH/BTC chart. Ethereum, the worlds second-largest cryptocurrency by market cap, has fallen against Bitcoin by more than 20% since its peak in December.　　Pinagmulan: TradingViewFear of The Merge　　Ahead of The Merge earmarked for August this year, Ethereum has fallen to its lowest level this year compared to Bitcoin. The above chart illustrates how Ethereum has fallen to just 0.06 BTC per coin after breaking support of 0.065.　　While it has already recovered 4% from its intraday low, the decline may indicate a trepidation for what will become of the chain after it moves to proof of stake. As some investors are pagkomento, participation in the Ethereum network is down, with many key KPIs showing bearish signals.　　“Active wallets stagnantnNFT hype deadnLP trading volumes trending poorlynLiquidity shrink in stablesnL2 canibalization growing”　　TaschaLabs from Soundwise went as far as to sabihin, “will Eth outperform newer L1s that survive winter？ Prob not.” CryptoSlate Edge members can view data in our assets section to verify the drop in usage of Ethereum, including an overwhelmingly bearish indicator in the futures markets.　　The

2022-05-27Ethereum

Ethereum Blocks Average Time Increases, Same as Difficulty Bomb – crypto.news - BitcoinEthereumNews.com

crypto EthereumBina-block ng Ethereum ang Average na Pagtaas ng Oras, Pareho sa Difficulty Bomb – crypto.news05 / 27 / 2022Balita ng Ethereum ng Bitcoin　　Ayon sa data from Glassnode, the average time between blocks in Ethereum has started to increase. The firm has noted a rise of 5% since April. The difficulty bomb implemented in EIP-4345 also has noticeable effects, rising from 13 to 14.0s in average block intervals.　　The Difficulty Bomb Is Increasing　　Notably, the number of assets in decentralized finance dapps has also decreased by 40% since October. At present, thats worth $12.5 billion, compared to the entire amount of assets in DeFi of $50 billion, which is a half of the amount in November.　　The August timeline is ideal for transitioning to a more efficient PoS network due to the networks difficulty bomb. Notably, the difficulty bomb incentivizes miners to switch to a more efficient system.　　Ideally, the merge should happen before the bomb, which would prevent the network from crashing. Notably, the difficulty bomb is designed to double its difficulty every two weeks.　　Last December, Ethereum developers delayed the bomb. Due to the delay in the bombs rollout and its potential impact on the network, the average block time for the network

2022-05-27Ethereum

Blockchain Foundry Pairs with Palmer Group to Launch Web3 Education Platform Metacademy

Canadian blockchain software development company Blockchain Foundry has partnered with Palmer Group to launch “Metacademy”, a Web3 education platform focusing on blockchain, cryptocurrencies, and Non-fungible Tokens (NFTs).　　Blockchain Foundry Inc. develops and commercializes blockchain-based business solutions and provides consulting services to corporate clients.　　This announcement came after the launching of the public beta version of Metacademy.com (“Metacademy”). Users can learn and understand various knowledge of the blockchain universe for free on this platform, including cryptocurrencies, NFT, smart contracts, web3, etc.　　From Blockchain Foundry CEO Dan Wasyluk said:　　“We are excited to partner with The Palmer Group to develop this one of a kind educational platform. Metacademy uniquely provides users with hands-on experience using new decentralized technologies in a risk-free environment, all while earning crypto incentives along the way. This Web3 educational experience is unlike any other platform available today,”　　In addition to this, the Metacademy program will provide users with additional courses covering token economics, DAOs, decentralized identity (SSI), verifiable credentials, and more.　　The education platform Metacademy does not charge users any fees while providing a risk-free learning environment.　　To make learning more fun and rewarding to users, Metacademy introduces badges and NFT rewards that can be converted. Users will also receive a verifiable certificate in a

2022-05-27Malalim na Pagsisid

Perp Traders Remain Quiet As Bitcoin Struggles To Hold $30,000 - BitcoinEthereumNews.com

BitcoinPerp Traders Remain Quiet As Bitcoin Struggles To Hold $30,00005 / 27 / 2022Balita ng Ethereum ng Bitcoin　　Bitcoin has been struggling to hold on to the $30,000 level for the better part of this week, failing more often than not. While there have been various reactions from different parts of the market such as the ETFs, perpetual traders seem to have taken this as a sign to hold off on their activities. What this has led to is a continuation of the neutral or below-neutral funding rates that have been recorded in the past couple of weeks.　　Bitcoin Funding Rates Unmoved　　For the past few months, bitcoin funding rates have been tethering around the neutral and below neutral levels. This has been the case through both market recoveries and downtrends, although there have been periods of slight deviations where funding rates have recovered into the positive but even these have been short-lived.　　Mga Kaugnay na Pagbabasa | Ang mga Institusyonal na Namumuhunan ay Naghahanap ng Ligtas na Kanlungan Sa Mga Produktong Crypto Sa gitna ng Kawalang-katiyakan sa Market　　The last time that the funding rate saw a sharp recovery had been May 12th on the Binance exchange, after which funding rates had once more

2022-05-27Industriya

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