MMmie

MMmie

BTC has a positive signal BTC has a second bullish reversal signal in the support area of the daily frame, after the bullish Fakey setup showed that the bear trap had spread before a cluster of candles engulfed the price. Price may continue the BTC uptrend on the daily frame, the immediate target for BTC price will be to retest the supply area of the Fibonacci...

MMmie

The number of new addresses on the Solana network (7-day average) reached 304,640 on Monday, the highest number since June 2022, according to the data. In addition, transaction fees on both the ethereum and bitcoin networks hit 3-month highs last week, and the number of active addresses sending or receiving money on the bitcoin network fell to its lowest level...

MMmie

BGD Labs, a Web3 development initiative focused on the Aave ecosystem, today announced the integration of Chainlink Automation to automate governance actions for Aave Governance V2 and Aave Cross-Chain-Governance on the Ethernet mainnet. BGD Labs also plans to integrate Chainlink Automation into different parts of the Aave Governance V3 infrastructure in the...

MMmie

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...

MMmie

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...

MMmie

LG is seeking patent protection for TVs that can trade NFTSouth Korean tech giant LG is seeking patent protection for a TV that would allow users to trade NFTs. The device would be able to establish a connection to NFT marketplace servers, receive and display preview images, and complete purchases through a user's cryptocurrency wallet connected to the TV. LG...

MMmie

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...

MMmie

The Upper Pella upgrade enables ETH withdrawals for the first time. The bears believe this will lead to continued selling pressure. Bulls thought that the risk of not being able to withdraw was removed, leading to more deposits. But what actually happened? With withdrawals enabled, let's take a look at the breakdown of withdrawals to ETH. CEX leads the way in...

MMmie

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...

MMmie

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...

MMmie

South Korean lawmaker Kim Nam-kook held 800,000 WEMIXs with a peak price of over 6 billion won (about $4.55 million) when he introduced a bill to delay the taxation of virtual assets such as cryptocurrencies in 2021. The prosecution has launched an investigation into the matter to confirm whether there was a violation of the law. It is reported that after all...

MMmie

The Ether Foundation recently sold 15,000 ETH, reigniting the top-running debate, it has learned. The data shows that in November 2021, the Ether Foundation did sell 20,000 ETH at $4,677 USD to escape the top; but earlier, in December 2020, the Ether Foundation sold 100,600 ETH at just $657 USD

MMmie

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...

MMmie

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...

MMmie

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...

MMmie

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,...

MMmie

US economic growth slows sharply as interest rate hikes kick in with quarterly GDP growth down to 1.1%. 🎢 CRYPTOCAP:BTC had a rollercoaster week swinging between FWB:27K & $30K amidst bank struggles. Meanwhile, total locked ETH hit ATH this week. 2/ 🪙 6-week run of net inflows in digital assets ended as investors took profits last week following the rally....

MMmie

Rational analysis: Generally speaking, it is still bearish. This wave of Bitcoin is not going to be done, and it is better to observe it. Before Bitcoin breaks through 30700, the real-name system is bearish. From the perspective of ETH, last night, it directly stepped back on 1780 points. This is a strong support band, similar to BTC's 26500 support band. Then it...