tl;dr Sent BTC from KuCoin to Fetch.ai wallet in Coinbase. Crypto currently lost. Context: I'm a crypto noob. Goal: Send BTC from my KuCoin account to my Coinbase account. Steps Taken In Coinbase, selected 'Transfer > Receive Crypto' Default selection was 'Fetch.AI'. I didn't change it, so this is where I screwed…
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submitted by /u/nick313 [link] [comments]
Hi, been watching big block vs. small block content recently and as a rabbit-hole ended up on deep-dives about the original Ethereum DAO hack. It occurred to me that I have never seen the smart contract that did this. Anyone have the link to the contract? Just want to review it tbh. submitted by…
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The Ethereum market is buzzing after a long-dormant “whale” – a major investor holding a vast amount of cryptocurrency – resurfaced and transferred a significant amount of ETH to the Kraken exchange. This move has sparked speculation about a potential price drop, but wider market trends suggest a more complex picture. Related Reading: Bitcoin Dips, But Don’t Panic: ETFs See Three Days Of Bullish Inflow On-chain analytics firm Spot On Chain has disclosed that the investor, who participated in Ethereum’s Initial Coin Offering (ICO) in 2014, recently deposited 1,069 ETH, valued at roughly $3.56 million, to Kraken. Traditionally, deposits to exchanges are seen as a sign of intent to sell, potentially putting downward pressure on the price of ETH. This whale’s activity is particularly noteworthy because of their participation in the Ethereum ICO. Back in 2014, they acquired 12,566 ETH at a meager $0.30 per token. The recent transfer represents just a fraction of their holdings, but the sale price – over $3,300 per ETH – signifies a massive profit for the early investor. An #Ethereum #ICO participant returned after 1.12 years to deposit 1,069 $ETH ($3.56M) to #Kraken at $3,329 3 hours ago. The whale received 12,566 $ETH at #Ethereum Genesis in Jul 2015, at an ICO price of ~$0.31, And then distributed the $ETH across 12 wallets in 2017, of which… pic.twitter.com/Lid1hItGik — Spot On Chain (@spotonchain) April 6, 2024 Ethereum Market Shows Signs Of Accumulation While the whale’s move might suggest a potential sell-off, on-chain data reveals a broader trend that could offset its impact. According to IntoTheBlock, a blockchain analytics company, the past quarter witnessed a significant outflow of ETH from cryptocurrency exchanges, totaling a staggering $4 billion. This movement suggests that many investors are accumulating ETH, potentially anticipating future price increases. Ether market cap currently at $409 billion. Chart: TradingView.com Dencun Upgrade Fuels Ethereum Network Activity The news comes on the heels of Ethereum’s successful Dencun upgrade, implemented in March 2024. The upgrade aimed to address the network’s scalability issues, specifically targeting high transaction fees and slow processing times. Early signs appear positive, with IntoTheBlock reporting a surge in activity on the main optimistic rollups (Layer 2 scaling solutions) following the upgrade. Weekly transaction volume reached highs of 32 million, indicating increased network usage. While gas prices have risen recently, they were initially significantly lower on many Layer 2 solutions after the upgrade. Related Reading: Solana Primed For Takeoff? Expert Analysis Points To Buying Opportunity Market Uncertainty Remains The combined effect of the whale’s sale, the wider accumulation trend, and the Dencun upgrade’s impact on network activity make it difficult to predict the short-term direction of the Ethereum market. While the whale’s sale could trigger a price dip, the broader accumulation trend suggests underlying bullish sentiment. The Dencun upgrade’s success in reducing transaction fees and increasing network usage could further bolster investor confidence. Featured image from Pexels, chart from TradingView
Hi all, sorry if this is not the right place to ask. I’m a mathematics and computer science student finishing up my second year of school. I’ve been following crypto loosely for about 5 years and built up a small portfolio. Besides a very general overview of how hashing and mining bitcoin works, I have…
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No one has a crystal ball, but I would love to know what coins you all think will still be around in 20 years. In my opinion the top contenders are proof of work coins. I believe once proof of work coins gain enough traction and a large enough network is created they can’t be…
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https://preview.redd.it/ixvde6luj3tc1.png?width=1793&format=png&auto=webp&s=91333ea088eb2b93c0b11db23ee5deecfd8b7a7f I withdraw a few ethereum from my binance wallet via optmism network and now these few bucks show up separated from my ethereum at my exodus wallet. My question is, are these ethereum still the same ones i bought from binance? If I move them to the exchange will it count like normal…
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Inflation in the U.S. has remained persistent, experiencing increases in the first two months of 2024, prompting members of the U.S. Federal Reserve to exercise caution against premature rate reductions. Federal Reserve Governor Michelle Bowman has voiced considerations for elevating interest rates, diverging from market anticipations of rate reductions within the year. Bowman’s concerns primarily […]
Join Farcaster https://warpcast.com/~/invite-page/323573?id=62ad4536 submitted by /u/its-MAGNETIC [link] [comments]
