Origin Protocol, a decentralized finance (DeFi) project, is an ethereum derivative token that allows holders to earn revenue by pledging ethereum on other protocols. origin says its OETH can be stacked on top of the native pledge rewards to increase the holder's rewards. oeth holders can earn transaction fees and token rewards through the DeFi protocols Curve and...
If the U.S. hits its debt ceiling, gold, U.S. Treasuries and bitcoin would be the top three preferred assets for investors, more popular than the U.S. dollar, Japanese yen, Swiss franc and other assets. 51.7% of professional investors and 45.7% of retail investors would prefer to buy gold, 14% of professional investors and 15.1% of retail investors would prefer to...
According to the data, about 2.67 million ETH have been unpledged and about 3.41 million ETH have been newly deposited since the completion of the upgrade of Ethernet Shanghai, with a net pledge balance of about 735,000 ETH. i.e. the number of newly deposited ETH since the completion of the upgrade of Ethernet Shanghai has exceeded the number of unpledges. In...
Max Kordek, co-founder of Layer 1 blockchain application platform Lisk, tweeted that the Lisk Foundation will convert 1,000 bitcoins (BTC) into ethereum (ETH) over the next 10 weeks, which will be held as part of the foundation's long-term funding. The Lisk Foundation will sell 100 Bitcoins per week to reduce the risk to the third parties involved, and the...
South Korean tech giant LG is seeking patent protection for a TV that will allow users to trade NFTs. The device will be able to establish a connection to the NFT marketplace server, receive and display preview images, and complete purchases via a user's cryptocurrency wallet connected to the TV. LG released the Art Lab marketplace plugged into the Hedera Network,...
Why Bitcoin has been trading in a narrow range around $28,000. The culprit? The impasse between markets and policymakers after Federal Reserve Chairman Jerome Powell publicly stated that interest rates are unlikely to fall this year. Meanwhile, risk asset markets have clearly expected interest rates to fall in the coming months. Pechman explains why the Fed has...
The Federal Reserve warned Monday that the banking industry's concerns about slowing economic growth could lead to a reduction in loan originations, which in turn could trigger an accelerating economic downturn. This is the first financial stability report issued by the Fed since the collapse of four regional banks. The report said bank financing has generally...
Swell Network's swETH/ETH liquidity pool for the Ether pledge protocol Swell Network has gone live with Balancer and Aura Finance, an ecological revenue governance platform based on Balancer. Previously announced on April 25, Swell Network launched a public Beta test version of Swell Seawolf on the Ether mainnet. users can pledge liquidity at zero cost in this...
According to Handelsblatt, Daniel Risch, head of the government of the Principality of Liechtenstein, said in an interview that the possibility of payments in Bitcoin will arise in the future, but he did not mention a specific timeline. He also said that, according to current plans, Liechtenstein may accept bitcoin deposits, but will immediately convert them to...
May 5 - OpenSats, a nonprofit organization focused on Bitcoin and other projects, announced that it has received a $10 million donation from Jack Dorsey's philanthropic initiative that will be used to support the development of free open source software and projects focused on Bitcoin, the decentralized social protocol Nostr, and related technologies. All donated...
Financial technology company Block (SQ) said in a shareholder letter Thursday that its Cash App unit generated $2.16 billion in bitcoin revenue in the first quarter, up 18 percent from $1.83 billion in the fourth quarter and up 25 percent from the first quarter of 2022, with Block taking total bitcoin sales as revenue. Cash App generated $50 million in gross...
Following the implementation of the Shapella upgrade on April 12, the cost of the ethereum network has risen significantly. Over the past 30 days, on-chain fees have increased by more than 153% from the previous $4.65 to the current average of $11.80 per transaction. This data highlights a significant increase in transaction-related costs on the ethereum network,...
Since the launch of the Shapella upgrade on April 12, transaction fees on the ethereum network have been trending strongly upward. From that day through April 22, the network processed more than 1 million transactions per day, excluding April 16. Next, Ether's transaction volume stayed below 1 million, averaging 800,000 to 900,000 transactions per day. Given these...
▶️EIP-4844 (Cancun Upgrade) ▶️DVT (Distributed Validator Technology) ▶️PBS (block validator, builder separation) ▶️EIP-4844 (Cancun Upgrade) Although Rollup eases Ethernet congestion, the speed and gas of Rollup is now unsatisfactory, as the necessary data still has to be packaged and passed back to Ether L1, and block space on Ether is scarce and...
Eth above pressure focus on 1940, 1950, 1980 can short waiting for entry tips ...... Btc61.8% rebound retracement level has been broken, focus on the starting point 30200, 30500 near the pressure, can short waiting for entry tips ......
Rational analysis: overall, or bearish, this wave of the big pie is not ready to do, used to observe will be better. Before the big pie does not break through 30700, the real name bearish. From the ETH point of view, last night directly to the 1780 point to step back. This is a strong support band, analogous to BTC's 26500 support band a meaning. Then it was...
The correlation between bitcoin and ethereum returns has been declining since mid-March. The decline in this relationship became more pronounced after the Shanghai upgrade of Ether, with a similar trend seen in September 2022 after the network's last Merge update. The weakening of the daily return 40-day correlation could continue for another two weeks, as the...
The Dallas Fed's April manufacturing outlook survey indicated that the first quarter performance was in line with expectations, with all markets weakening except for the auto market. There are signs that inventories in the auto industry are rapidly increasing, so growth in the auto market is expected to weaken soon. There are no concerns about long-term demand,...