I get the impression that exchanges will be the top validators for Ethereum. Through weasel words in their terms of service they could potentially stake their users ETH. These validators could then be coerced via lawsuits or other means to act in a manner that goes against the Ethos of a censorship resistant cryptocurrency. https://www.tronweekly.com/ethereum-merge-talk-of-the-town/…
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submitted by /u/Donzaloogie [link] [comments]
submitted by /u/Markmanus [link] [comments]
You can view my avatar if you wanna check one out! I got Meme Team #16 and I absolutely love it! I love how Reddit is embracing and facilitating adoption of blockchain technology! These avatars go to individuals through out Reddit, even those who have no clue what blockchain is! This makes me so excited!…
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Guys, the Safemoon sub is so hot right now. Some of yall probably have seen it but want to make sure other don't miss out on the fun. All the new posts and tweets are been torn apart. I never thought I'd see the day. https://preview.redd.it/b8r9vnbq7hi91.png?width=788&format=png&auto=webp&s=b6dadbd3da2a116583b450abdba2e3dcf0158247 https://preview.redd.it/etvzw4rv6hi91.png?width=788&format=png&auto=webp&s=ed4649573e2ad39d6cd0b01f8ca50fa260b3e9dc https://preview.redd.it/4zg13ysp8hi91.png?width=407&format=png&auto=webp&s=fef7f806959dac22ea9ac0632bfdd554e9e8a671 Totally worth it. https://preview.redd.it/baehvl3r8hi91.png?width=918&format=png&auto=webp&s=e14c237a8707603c278f47b0c5d050a7c9f24443 https://preview.redd.it/9v303oh78hi91.png?width=535&format=png&auto=webp&s=d0f382bbb942404af2d9bc74e6f861d16e15cc25…
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submitted by /u/eat-sleep-rave [link] [comments]
JPMorgan analyst Kenneth Worthington says digital currency exchanges like Coinbase will end up being a meaningful “beneficiary” of Ethereum’s long-awaited transition from proof-of-work (PoW) to proof-of-stake (PoW). Based on $2K ethereum prices and a 5% ethereum yield, Worthington explained that The Merge could boost Coinbase’s annual income by $80 to $100 million from staking services. […]
Hey all! We’re Offchain Labs, the company behind the Ethereum scaling technology, Arbitrum. Arbitrum One, the Optimistic Rollup, has been live for over 1 year with Nitro an upgrade coming soon! Arbitrum Nova is our newest chain made for gaming and social dapps! Home to Reddit’s community points as well. 😉 Reddit communities are now…
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Avalanche (AVAX) price breaches an uptrend lingering in the ascending parallel channel for two months now. AVAX price dips below the ascending channel, breaching an uptrend for two months Avalanche price slides further down to $25 Price tagged in the buy zone but lacks impetus to maintain the ascending parallel channel Even though AVAX was able to break above $30, the coin wasn’t able to fill in the cracks to $40. At first, support seen at $28 controlled the bears’ grasp on the price but AVAX price retraced at $26.22 and is in danger of plunging further down to $25 and $21. Related Reading: Dogecoin Jumps 15% In 24 Hours As DOGE Overcomes Critical Level Avalanche Price Slides Down To $25 According to CoinMarketCap, AVAX price has nosedived by 5.53% or trading at $25.89 as of this writing. AVAX faced hurdles as it muscles out with resistance spotted at $30. Bulls tried to sustain the upswing but the intense buying and selling pressure worked against AVAX. Inevitably so, the Parabolic SAR that hovers above the price heeled the scales towards the bears. With the support at $28 breached, the focus will now be reverted to the levels $25 and $21 which shores up the 100-day SMA. Now, trading below this level, the 50-day SMA could impel the AVAX price heading to buyer congestion seen at $21. As seen on the daily chart, the Stochastic oscillator beefs up traction to its downbeat standpoint as AVAX markedly dives under the midline. The continuous retreat of Avalanche price may not be interrupted due to a bearish divergence brought about by the Stochastic oscillator. Strong Sell Signal Seen On 4-Hour Chart The Super Trend indicators currently show an active sell signal depicted on the four-hour chart. Now, the sell signal may dim the probability of an AVAX recovery. The index shrouds the chart to look like a moving average but uses the ATR to measure volatility. As of press time, AVAX will continue to delve into the downhill range with the Super Trend indicator spotted above the price. Supposing the technical factors work against the AVAX price, many investors are confident that this is the best time to jump in. As seen on the daily chart, the readings spotted above the mean line indicate that Avalanche is magnified in value which hoists the possibility of pulling back as investors thrust into profiteering activities. On the other hand, any movement below that range would indicate underestimating the value of AVAX which signals that it’s the best time to buy. Related Reading: Polygon Seen Breaching $1 This Week – Can MATIC Start An Uptrend? AVAX total market cap at $7.38 billion on the daily chart | Source: TradingView.com Featured image from Al Bawaba, Chart from TradingView.com
