B2Broker is a premier provider of liquidity solutions, white-label platforms, CRM systems and advanced trading mechanisms. Founded in 2014, B2Broker has consistently added new features and tools to its expansive liquidity and white-label offerings. With the contribution of B2Broker’s sibling companies – B2BinPay, B2Core and B2Trader, the group delivers a comprehensive suite of B2B brokerage […]
Ethereum (ETH) experienced a euphoric surge in interest as bullish sentiment enveloped the crypto sector. The recent approval of the Bitcoin ETF served as a catalyst, propelling Ethereum’s price to new heights. However, as the thrilling ride continues, concerns are emerging regarding the sustainability of this upward trajectory. Related Reading: Number Of Ethereum Short-Term Holders Increasing – Is A Bull Rally Next? Increased Demand For Put Options Fuels Market Correction Jitters Investors are flexing their risk management muscles as they flock towards put options, seeking to protect their gains from potential losses. The mounting demand for these safeguards indicates a shift in sentiment towards a more cautious and bearish outlook for Ethereum. With significant leverage in the market, speculators are wary of a potential correction that could dampen the party atmosphere. Dencun Upgrade Looms: Anxiety Surrounds Ethereum’s Future All eyes are on the upcoming Dencun upgrade, set to revolutionize the Ethereum ecosystem. However, the anxiety surrounding this crucial development is palpable. Past upgrades, such as the ill-fated Merge update, which aimed to transition Ethereum to a Proof of Stake network, resulted in a massive correction. As anticipation builds, the market braces itself for the impact this upgrade could have on Ethereum’s price and sentiment. Influx Of Funds Bolsters Market, Ethereum ETF Remains A Wild Card Amidst the uncertainties, the crypto market experiences an awe-inspiring influx of approximately $83 billion, with Bitcoin and Ethereum accounting for a staggering $75 billion of that total. This considerable investment, as revealed by popular crypto analyst Ali Martinez, signifies growing interest and confidence in digital assets. The influx of funds further bolsters the market, while the uncertain approval of an Ethereum ETF continues to be a wild card that could reshape Ethereum’s future. Ether market cap currently at $477 billion. Chart: TradingView.com Ethereum’s Price Soars, Traders Eyeing New Milestones As the rollercoaster ride continues, Ethereum’s price skyrockets, surpassing $4,000 and igniting the imagination of traders. The sentiment surrounding the Dencun hard fork upgrade is a driving force behind this surge. With expectations set high, traders are eagerly eyeing a monumental milestone of $5,000 post-upgrade. The reduction in transaction fees promised by the upgrade further fuels optimism among ETH enthusiasts. Navigating Uncertainty: A Balancing Act For Ethereum’s Future In the midst of this thrilling ride, Ethereum finds itself caught in a delicate balancing act. The uncertainty surrounding the approval of Ethereum ETF applications adds an additional layer of complexity to the market dynamics. While the odds may have dropped, the impact of an ETF approval, as highlighted by Ali Martinez, cannot be underestimated. It could potentially propel Ethereum’s adoption and trigger a surge in price. Source: Santiment Meanwhile, new addresses were still becoming interested in Ether. Alongside that, the overall count of holders who were amassing ETH had also increased. Related Reading: Cardano (ADA) Price Alert: Analyst Predicts 60% Rally In Next 7 Days Amidst Ethereum’s exhilarating climb past $4,000, the question lingers: Is this euphoria sustainable or a false dawn? With concerns of a potential market correction and uncertainty surrounding Ethereum ETF approval, the party’s fate hangs in the balance. Featured image from Pinterest/Pexels, chart from TradingView
2miners payout for RVN has dropped almost 30% this month submitted by /u/tom_gato [link] [comments]
Dencun upgrade is cool but using L2 just doesn’t cut it for certain use cases like a token that isn’t available on L2. submitted by /u/Ambitious-Maybe-3386 [link] [comments]
So fare I have shortlisted: -SSV Network: I like the idea. However prices are insane – AllNodes: sounds ok with me – Ethpool: there are complains on discord that MEV performance of Ethpool is far behind AllNodes Any recommendation which service to choose? submitted by /u/silvester2ish [link] [comments]
submitted by /u/CryptoNerd_16 [link] [comments]
Crypto analysts are turning increasingly bullish on Solana (SOL), with forecasts suggesting a potential 50% surge in the near future. Following SOL’s 11% surge in the past 24 hours, several renowned analysts came forward to express their bullish stance. Solana Price Poised For Rally Towards $250 On X, crypto trader Bob Loukas (@BobLoukas) has provided an optimistic outlook, stating, “SOL now based and fuel up for leg to $250.” This statement is based on a thorough analysis of the weekly SOL/USD chart. The chart exposes that SOL has transformed its March 2022 resistance level of around $140 into a robust support zone. Previously, this level served as a strong resistance from mid-December last year until the beginning of March. Related Reading: Solana Demand Soars As Institutions Buy Up SOL At A Massive 870% Premium By converting this resistance into support, SOL is now poised for a rally towards $250. This price target is just $10 shy of Solana’s all-time high at around $260 from late October 2021. Adding to the bullish sentiment, crypto analyst Byzantine General (@ByzGeneral) remarked, “SOL looks pretty good to me. Leverage in the system has actually gone down while price is up and at the same time Coinbase has been buying a lot of spot.” Notably, not only the SOL/USD charts look ultra strong, but also the chart of SOL against its most fierce competitor in the fight for the superior layer-1 network, Ethereum. According to several analysts, SOL/ETH is primed for a major breakout. Christopher Inks, the founder of TexasWest Capital, shared his analysis, noting, “SOL/ETH on the weekly looks amazing. It doesn’t get much better than this with the wedge breakout while Stoch RSI is crossing bullishly in oversold and threatening to break out and RSI has bounced at neutral and is nearing a bullish cross. Breaking out above 0.04597 adds confidence to the rally toward a minimum expected target of 0.07231.” Related Reading: UNIBOT Crashes 37% Following End Of Cooperation With Solana Team This technical breakdown suggests a very optimistic future for SOL in comparison to ETH. If this technical setup plays out, SOL could outperform ETH by more than 70%. Macro expert Raoul Pal has also chimed in, stating, “SOL/ETH is looking like a breakout after a perfect consolidation… SOL is likely to take the lead again soon.” Pal’s analysis is based on a falling wedge correction pattern, a bullish signal, which SOL/ETH has already broken out from. However, it is important to note that this breakout needs to be confirmed to avoid being considered a fakeout, indicating a potential major breakout against ETH. Renowned trader Peter Brandt, commenting on Pal’s analysis, identified the pattern as a “Classic Schabacker falling wedge correction,” a bullish signal typically indicating a potential reversal or continuation of the trend. The Falling Wedge pattern, characterized by converging trend lines, decreasing volume, and a breakout with increased volume, suggests that SOL’s current pattern positions it for significant upward movement. At press time, SOL traded at $168.59, surpassing the 0.618 Fibonacci retracement level in the weekly chart. Featured image from Shutterstock, chart from TradingView.com
I withdrew $INJ to my crypto.com wallet and it shows successfully but it’s not reflecting on my crypto.com wallet. What’s wrong? In crypto.com there was cronos and injective address and I chose cronos address to deposit into. Was it wrong? Help please https://etherscan.io/tx/0x68c32e1852f7b7b5d5664ad20f94d06f28a49a2fa465c911c2a0a4c33d8f7436 submitted by /u/Adrianchuajf [link] [comments]
I gave up now as my hopium ran out. i mined close to 100k rvn and bought some in .026. I have now sold it and converted it to decimals in Bitcoin Core. Part of me is very sad, because my feelings for Raven are strong. I simply did it because the interest is too…
Read more
On March 12, the Hong Kong Monetary Authority (HKMA) launched what is known as the stablecoin issuer sandbox arrangement. The HKMA stated that applicants interested in establishing a stablecoin business in Hong Kong should have a sound business plan. The regulator also clarified that admission into the sandbox does not imply endorsement or support for […]
