Welcome to the Daily Discussion. Please read the disclaimer and rules before participating. Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could…
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PRESS RELEASE. INTERNET CITY, DUBAI, Apr. 18, 2022 – LBank Exchange, a global digital asset trading platform, will list CTOMORROW PLATFORM (CTP) on April 20, 2022. For all users of LBank Exchange, the CTP/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on April 20, 2022. Using cutting-edge technologies to revolutionize current […]
Ethereum gas prices have been declining for a while now. It had risen to its all-time high back in 2021 when the bull market was in full bloom. It then continued to maintain on the high spike, spiking at various intervals to high points. At its highest, average ETH gas fees were as high as $69. However, with the recent downtrend and the market losing momentum, the gas fees have crumbled and the recent decline has seen its near six-month lows. Ethereum Fees Are Down Ethereum gas fees for the last three months showed a consistent downtrend that saw average gas fees decline as low as $5.98 in early March. This had been the lowest that gas fees had been in seven months at this point. However, a spike in gas fees in early April would quickly put an end to this sending gas fees as high as $43 once more. This would prove to be only temporary given that the sharp downtrend that followed has sent ETH gas fees to plummet towards six-month lows. Related Reading | DeFi Stablecoin Platform Beanstalk Suffers ~$80M Hack As of Monday, Ethereum gas fees had declined as low as $8.78 on average. It represented a 76$% drop from its April high to put it in levels recorded in early March. The drop in ETH fees has also translated to a drop in the fees of Layer 2 rollups which boast significantly lesser fees than it costs to transact on the main network. The lowest recorded fee rate had dropped to as low as $0.03 per transaction on Sunday recorded on Metis Network. Others like Loopring and Zksync had seen transaction fees slide to as low as $0.05. Bitcoin fees had also fallen and the average transaction fee as of early Monday sat at $1.04. ETH On The Charts The current downtrend seems to be prominent in not just the transaction fees but the price of the digital asset. Ethereum price had crashed below $3,000 in the early hours of Monday, and while small recoveries were made, various dips saw the digital asset touch the $2,800 price range before the opening of the markets on Monday. Related Reading | TA: Ethereum Slides Below 3K, Why Bears Could Aim $2.5K With selloffs rocking the market, indicators had turned inherently bullish for the digital asset, skewing completely in favor of the sellers. After breaking the $3,000 mark, the next major support level now lies at $2,900 although bears continue their efforts to drag it down lower. ETH has now fallen below the 50-day moving average. This puts the short-term forecasts of the cryptocurrency right in the negative for the majority of traders, and the long-term outlook is not looking good either. The digital asset is trading at $2,909 at the time of this writing. Featured image from Shrimpy Academy, chart from TradingView.com
Hi, I'm curious of any platforms trying to create an "aggregator" or "social media" for all DAOs a user could be participating in. Simply put, platform that integrates aspects necessary for a DAO to live: Voting (Snapshot) Community communication (discord/telegram) Feed (twitter/reddit) …and so on, all in one place for multiple DAOs. I can see…
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Here's the video first: I UNCOVERED A BILLION DOLLAR FRAUD To summarise the actions of John Karony, the CEO: Enacted the 100% tax honeypot, covered by myself here, but the major story as though tens of millions of dollars stolen isn't a big story is that he had a deal with the Crypto Exchange Bitmart,…
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Is there a way to set high gwei in advance in Metamask so when you want to buy token that is in high demand you dont have to manually adjust gwei every time in metamask? If not is there any free website where i can do this , also having ab rasing slippage above 49%…
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submitted by /u/Pimpeto [link] [comments]
I stopped checking my portfolio about 3-4 months ago. I make an exception once a month just to make sure that everything works fine and that nothing got hacked but outside of that I kind of forget that I even have an investment portfolio. I stopped checking this subreddit. I rarely use telegram (let’s face…
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Following Bitmain’s product introduction of two new application-specific integrated circuit (ASIC) bitcoin mining rigs, the mining devices manufacturer Microbt has announced the launch of two new miners as well. Revealed during the Bitcoin 22 conference in Miami, Microbt showcased the company’s new Whatsminer M50 series, which offers hashrate speeds of up to 126 terahash per […]
LUNA continues to display strength as the crypto market trends to the downside. Despite the current short-term increase in selling pressure, this cryptocurrency managed to enter uncharted territory, and its price action hints at more upside. Related Reading | Inside Terra’s $2.38 Billion Reserves, What Made The Lineup? As seen in the chart below, LUNA has been on its uptrend since August 2021. It briefly dropped towards the $40 area and resumed its momentum to $120. At the time of writing, LUNA trades at $87 with a 4% profit in the 4-hour chart. As Bitcoin and larger cryptocurrencies bleed under the pressure of a broad market downside, LUNA hints at the moon. The long-term fundamentals behind this cryptocurrency’s increase are still in place. The Terra native cryptocurrency and its ecosystem have managed to attract new users due to its products and staking mechanism. Two sides of the same coin, LUNA, and Terra’s stablecoin UST have taken over the DeFi sector. Recently, stablecoin became the third largest in terms of market cap. Only surpass by USD Coin (USDC) and Tether (USDT) with over $50 billion in terms of market cap, UST reached the $17 billion market cap and displaced BUSD. The increase in market cap could be interpreted as another metric of Terra’s adoption. The ecosystem has attracted attention due to its Anchor Protocol and this project’s 19% annual percentage yield (APY) for staking UST. Data from Token Terminal measuring LUNA’s transaction volume (in pink in the chart below) confirms the rise of the Terra ecosystem. This metric stood at less than $50 million in April 2021 and reached an all-time high of close to $3 billion. The increase in this metric seems to be correlated with LUNA’s price with an important uptick in November 2021, when the network saw the implementation of important updates. LUNA Has The Fundamentals And Other Factors To Sustain Its Rally As noted by a Terra user, the Anchor Protocol, probably one of the projects driven by LUNA’s current rally, continues to consolidate important partnerships and accessibility to different investment strategies. Recently, it announced deposits and withdrawals to the Mars Protocol’s Red Bank. In addition, Anchor’s ANC was listed on Crypto.com, one of the largest crypto exchange platforms, as Terra increases its computability with other networks including Polkadot and Avalanche. The user noted this ecosystem’s milestones: Anchor Protocol and Acala Network with help of Wormhole integrated to unite Terra, Polkadot DeFi ecosystems and to grow the decentralized stablecoin market. Hashed & Delphi Ventures co-lead seed round for Reactor Terra’s omni booster. Related Reading | Terra Users Heads Up, Why NEAR May Launch Native Stablecoin With A 20% APR Terra has also seen the deployment of new assets, liquidity pools, and the launch of the Terra Global Founder Fellowship program. This initiative is supported by Jump Capital, Hashed, Alpha Ventures, and others. 11🔸 @riskharbor redeployed a refreshed Ozone V1 Anchor $aUST protection pool. The capacity has increased by 200M. 12🔸 $UST is now available on https://t.co/Zeas4x8b3H Buy Crypto page. In addition, $UST / $USD and $UST / $USDT trading pairs are now live. ⤵️ — Helen | Everstake (@helen_everstake) April 18, 2022
