It looks like a decentralized exchange Uniswap will also be launched based on zkEVM in the Polygon network. The relevant proposal was supported by all participants of the voting represented by UNI token holders. No one spoke against it.
Recall, in mid-March 2023, the exchange also launched in the network BNB Chain.
Breaking: Bitcoin’s Price Jumps On Lower Than Expected U.S. CPI Data
https://bit.ly/3o69uyy
Breaking: Big Blow To Binance; ASIC Scraps Binance Australia Derivatives AFS License
https://bit.ly/3zD3tMg
March 2023 will be remembered, among other things, for the interim record for the share of total gas in the Etherium blockchain consumed by tier 2 networks like Optimism and Arbitrum. The actual figure is 6.81 percent.
This means that such networks are now in serious demand among ETH enthusiasts.
Analysts note that the current stage of Bitcoin network hashrate growth is the third most intense result in BTC history. The indicator increased more aggressively only in mid-2021 after the ban on mining in China and after the bear market in 2019.
All in all, miners are working.
The market also expects the key rate to rise by 25 basis points. The probability of such an event is estimated at almost 60 percent (right column).
Less likely seems to be no change, i.e. the same rate level. Waiting.
Breaking: US Fed Prints $300 Billion, Bitcoin Price And Ethereum To Rally
https://bit.ly/3YRerYB
The supply of algorithmic stabelcoin DAI has decreased by 50 percent compared to its peak in early 2022. This indicates a decrease in interest in the token, which is generally logical given the market situation.
Here's a chart from Delphi.
There Tether also printed another 2 billion USDT, so here the guys threw them on the chart.
The last printing was on February 13.
Breaking: #Ethereum Shanghai Upgrade Live On Sepolia For ETH Withdrawals.
https://coingape.com/ethereum-shanghai-upgrade-live-sepolia-eth-withdrawals/?utm_source=brown&utm_medium=telegram+
Meanwhile, the difference between the number of BTC on exchanges and the number of coins that have not moved for five years is 600 thousand units. And the gap is rapidly narrowing.
Читать полностью…Breaking: #Ethereum Reveals Details On #Shanghai’s Sepolia Shapella Upgrade.
https://coingape.com/breaking-ethereum-reveals-details-on-shanghais-sepolia-shapella-upgrade/?utm_source=brown+&utm_medium=telegram
This is a graph of the average block size in the Bitcoin network. As you can understand from the data, the current NFT trend in this blockchain seriously overloads it, and it becomes more expensive to conduct BTC transactions.
Читать полностью…Tether's share of USDT in the capitalization of all Stablecoins in the cryptocurrency niche is approaching 50 percent. Most importantly, it is the highest in the last 14 months.
Such is the reaction to what is happening with the market.
The last time ETH was worth more than $2,000 was in May 2022. Market recovery is always nice 🚀
Читать полностью…Santiment analysts noted a curious trend in the behavior of ETH investors. In particular, they are actively withdrawing ethers from centralized exchanges, due to which the balance of the ten largest trading platforms is now near a historical minimum.
At the same time, the balance of the ten largest addresses, which are not exchanges, is near its maximum.
Such are the priorities. The good ones.
The total volume of trading on cryptocurrency exchanges in March 2023 was the equivalent of $983 billion. This is the best result since October 2022 and more than twice as much as the December 2022 total.
So traders are really waking up. I guess we're expecting a trillion in April?
Breaking: Australia Introduces Crypto Market Regulation Bill In Parliament
https://bit.ly/3lJKQD7
Glassnode analysts note the increased activity of owners of addresses with less than 10 bitcoins (in orange, blue and green). According to experts, they are now accumulating about 30 thousand BTC per month.
At the same time, the number of the largest Bitcoin investors or so-called whales (black) is gradually decreasing. Which means the transition of coins from the big players to the small ones continues.
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137,890 Bitcoin Payout For Mt Gox Creditors; BTC Sell off Ahead?
https://bit.ly/3yerIQ7
Bitcoin-based NFTs are becoming more and more popular. Now the launch of its own collection on the BTC blockchain was announced by representatives of Yuga Labs - the developer of the legendary Bored Ape Yacht Club collection.
The new product is called TwelveFold. It is a collection of 300 unique pieces of art based on Ordinals, which will combine 3D graphics and hand drawings.
The collection will launch this week. And the sale will take the form of an auction.
Trading volumes on cryptocurrencies per day are now - in the middle of a bear market - about $8 billion above the bull run record at the end of 2017. Accordingly, crypto traders are much more active now than they were then. In addition, there are noticeably more of them.
This is exactly what the popularization of digital assets looks like.
Glassnode experts note a noticeable increase in the growth rate of Bitcoin's blockchain size. In particular, since December 15, 2022, transactions with certain picture, video or audio data in them have increased the total weight of the network by 1.74 GB. Apparently, the new Ordinals project, which allows the creation of NFTs based on this blockchain, is to blame.
This figure is 0.4 percent of the total BTC blockchain size of 444 GB. So the impact of NFT on the Bitcoin network is already tangible.
According to CoinShares analysts, last week led to the withdrawal of the equivalent of $32 million from cryptocurrency platforms. Closer to the middle of the week, the figure even reached 62 million, but against the background of improving the situation in the coin market by Friday the situation had significantly improved. But the result is still negative.
Here is the corresponding chart.
Last night the Bitcoin network hash rate set another record at 383 hashes per second. Let's leave the chart here for history.
Читать полностью…Breaking: U.S. CPI Data Shows Inflation At 6.4%; Time For Bitcoin Price To Shine?
https://bit.ly/3IoWDiK
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