Author: Digicoinvision
The altcoin market is recovering gradually. However, prominent altcoins are still struggling. A Reddit geek bets on two altcoins, PENGU and Unilabs, to mirror Dogecoin’s 2021 summer rally. However, the PENGU price fails to realize expected gains, and DOGE exhibits bearish signals. On the contrary, Unilabs Finance is turning heads amidst this chaos with impressive presale performance and practical features. Let’s discover why Unilabs might be the safest bet to mirror Dogecoin’s 2021 summer gains. PENGU Price Prediction: Can the Altcoin Rival Dogecoin’s 2021 High? Pudgy Penguins (PENGU) has been performing remarkably well over the past few days; however, the…
Bitcoin’s price stands at $114,930 on Tuesday morning, with a market capitalization of $2.28 trillion and a 24-hour trading volume of $34.71 billion. The past day has seen the cryptocurrency trade within a range of $113,941 to $115,591, as traders navigate a consolidation phase following July’s significant rally. Bitcoin On the daily chart, bitcoin remains […]
United States spot Ether exchange-traded funds (ETFs) recorded almost half a billion dollars in daily net outflows on Monday, marking their highest in a single day since launch, according to data from investment firm Farside Investors.Farside Investors’ data shows that spot Ether (ETH) ETFs had net outflows of $465 million on Monday, their second day of outflows since breaking a 20-day inflow streak on Friday with net outflows of $152 million. The sharp pullback suggests a potential shift in investor sentiment after a strong performance in July, during which spot Ether ETFs saw a record $5.43 billion in net inflows.This coincided…
Рынок биткоина всегда отличался цикличностью: за длительными периодами роста цен часто следовали периоды снижения. Однако за последние несколько недель различные сегменты криптосообщества объявили теорию циклов BTC “мертвой” и устаревшей. В различных анализах циклической теории аналитики часто связывают недавние изменения в динамике рынка с новой эрой институционального участия через биржевые инвестиционные фонды (ETF). Согласно последней оценке новой структуры рынка, новые институциональные игроки также могут сыграть свою роль в наступлении следующего “медвежьего” рынка. Почему появление новых корпораций может привести к следующему “медвежьему” рынку В новом посте в социальной сети криптоаналитик Бурак Тамак объяснил, как новые корпоративные биткоин-инвесторы могут быть причастны к следующему “медвежьему” рынку…
Ethereum co-founder Vitalik Buterin and researcher Anders Elowsson have introduced a proposal to overhaul how users pay for transactions on the network.The plan centers around a unified multidimensional fee market, designed to simplify fee calculation and improve economic efficiency across the Ethereum ecosystem.The proposal arrives during a period of low network fees. Over the past week, Ethereum’s median gas price has consistently remained under 1 Gwei, marking the lowest levels this year.This context emphasizes the need for a more adaptable and efficient fee structure to support future growth.Multidimensional fee marketAt the proposal’s core is a single max_fee value users set…
Money market abstraction infrastructure protocol CrediX has successfully negotiated the return of the assets stolen in a $4.5 million exploit, in a promising sign for users looking to recover their cryptocurrency.CrediX suffered a security breach on Monday that saw over $4.5 million worth of digital assets bridged to the Ethereum network by a Tornado Cash-funded wallet, according to blockchain security firm Cyvers.In a surprising development, CrediX said it reached a private settlement with the attacker, who agreed to return the stolen assets in exchange for an undisclosed payment from the CrediX treasury. “Reached successful parley with the exploiter who agreed…
Key points:Bitcoin corporate treasuries added 630 BTC to start the week, continuing a month-long inflow trend.The move contrasts with an ongoing sell-off among the Bitcoin ETFs, which sold nearly $300 million Monday.Not everyone is bearish about “buying the dip” at current levels.Bitcoin (BTC) corporate treasuries added over 600 BTC Monday despite crypto market nerves.Data from quantitative digital asset fund Capriole Investments confirmed that corporate buyers are ignoring the BTC price dip.Bitcoin treasuries buck ETF sell-off trendBitcoin is still a solid “buy” for some market participants, even as many, including institutional investors, rush for the exit.Capriole data shows that on Monday,…
United States spot Ether exchange-traded funds (ETFs) recorded almost half a billion dollars in daily net outflows on Monday, marking their highest in a single day since launch, according to data from investment firm Farside Investors.Farside Investors’ data shows that spot Ether (ETH) ETFs had net outflows of $465 million on Monday, their second day of outflows since breaking a 20-day inflow streak on Friday with net outflows of $152 million. The sharp pullback suggests a potential shift in investor sentiment after a strong performance in July, during which spot Ether ETFs saw a record $5.43 billion in net inflows.This coincided…
Friends, The year ahead will be filled with upgrades and big ideas from across the Ethereum ecosystem. Since our last Supported Teams post (which followed the launch of the beacon chain), the network has seen 3.8+ million Ether staked, and 120K+ active validators online across multiple clients. In recent days, the launch of the Berlin network upgrade was completed, and since there’s always progress being made by other EF-supported projects, these updates are an opportunity to highlight more efforts to grow and improve Ethereum as a whole. Included in this edition are updates from many teams highlighted in the previous…
A widely followed crypto analyst who nailed the 2022 Bitcoin (BTC) crash is warning of an impending BTC meltdown. In posts in his Telegram channel, pseudonymous trader Crypto Capo tells his 129,000 subscribers that BTC and altcoins could see significant dips in price in the coming weeks as risk for a black swan event remains high. According to the trader, both altcoins and BTC could see staggering price drops that see them cut in half – or more. However, according to Capo, investors appear to be gobbling up the flagship crypto asset during dips despite signs of an impending crash.…