On-chain statistics indicate that Bitcoin whales have persisted in acquiring more even at the recent peaks, a signal that could be promising for the rally. Bitcoin Major Holders Netflow Has Recently Experienced Positive Surges As per information from the market analytics platform IntoTheBlock, the quantity of BTC whales has seen a rise recently. The on-chain metric of interest in this scenario is the “Large Holders Netflow,” which monitors the overall volume of Bitcoin moving into or out of the wallets linked with Major Holders. IntoTheBlock categorizes “Large Holders” as those investors holding at least 0.1% of the cryptocurrency’s total supply.…
Autore: wsjcrypto
Sys Labs, the creator of the Syscoin blockchain, which seeks to merge Ethereum-like programmability with Bitcoin’s security, has introduced a “layer 2” network named Rollux to facilitate more affordable and rapid transactions. Similar to the primary Syscoin blockchain, the Rollux network is compatible with the Ethereum Virtual Machine or EVM, the system that executes smart contracts on Ethereum. The initiative obtains its security through Bitcoin miners via a method called merged mining, which was initially introduced by Bitcoin creator Satoshi Nakamoto in 2010. Just as layer 2 networks or “rollups” built atop the Ethereum blockchain enable accelerated transactions, the Rollux…
The swift expansion of Cyberport encompasses more than 270 Web3 businesses and projects aimed at practical blockchain applications in Hong Kong. Source link
Ethereum has witnessed a striking rise in its value lately, trading above the mental $3,000 threshold, which has rekindled enthusiasm in the cryptocurrency market. Per on-chain evaluation, retail investors seem to be implementing a “hold” tactic, resisting the temptation to sell in light of the escalation in ETH’s price. Market experts perceive this holding trend as important, especially in light of the overall market sentiment shaped by the so-called “Trump Trade,” which has assisted in alleviating risks and enhancing market circumstances. Restricted Ethereum Deposits To Exchanges According to the onatt, the CryptoQuant analyst responsible for this analysis, this pattern of…
The 2nd edition of the ethereum.org Translatathon is completed! This year, we witnessed 327 contributors translate a remarkable 2.53 million words into 70 languages. Let’s delve into the specifics: What is the Translatathon? The Translatathon is our annual translation competition aimed at expanding the volume of non-English Ethereum content. Anyone who is bilingual can participate, with no technical expertise necessary. Throughout the Translatathon, participants can enhance their knowledge about Ethereum while contributing to ethereum.org and vying for rewards. 2 weeks of applications9 days of translations2 weeks of quality evaluations The aim was to secure more translations in less-represented languages, broaden…
By Revin Mikhael D. Ochave, Reporter PROFESSIONAL SERVICES firm Deloitte expresses cautious optimism regarding the initial public offerings (IPOs) at the Philippine Stock Exchange (PSE) for 2025, potentially led by the gaming and energy sectors. “The key term is cautious optimism,” stated Darren Ng, Deloitte Singapore Transactions Accounting Support Partner, during a virtual briefing on Tuesday. “From this viewpoint, if you examine what’s lined up for the Philippines, there should indeed be an increase in IPOs occurring in 2025 across various industries.” There may be IPOs from entities within the gaming, energy, and resources sectors in 2025. “Two gaming firms,…
You might have come across the term “Rig” during discussions about cryptocurrencies with friends. Have you ever considered what constitutes a mining rig? Let’s dive in -How to Construct a Crypto Mining Rig in 2023To define it, a mining rig refers to a setup of hardware elements, like CPU, GPU, FPGA, or ASIC, designed specifically for cryptocurrency mining. Doesn’t it seem straightforward? Yes, it’s quite a simple concept, yet turning it into reality isn’t easy. Why? Because combining these components optimally is crucial for your investment to yield returns over time, merely gathering them isn’t enough.In simpler terms, Cryptomining involves…
Martin Gruenberg is poised to depart as FDIC Chair, with Congressman Tom Emmer condemning him as “the mastermind behind Operation Chokepoint 2.0.” Source link
19 September 2024 Today, the EEA unveiled version 1 of its new DLT Interoperability Specification. Overview of the specification This specification establishes a standardized framework to facilitate communication between various blockchains and distributed ledgers. Adopting this standard minimizes development durations and the probability of mistakes by equipping software teams with a familiar array of interfaces, instead of necessitating the creation of a custom solution for every unique pair of networks a developer aims to link. The specification was crafted by the Crosschain Interoperability Working Group of the EEA. This group emerged from prior initiatives on interoperability when, in 2019, EEA…
Shift to a New ETHW Block Explorer In our ongoing mission to furnish dependable and effective tools for our users, we have transitioned to a new ETHW block explorer provided by Oklink. The former block explorer was not meeting our expectations, hampering users’ capacity to monitor transactions precisely. This modification guarantees that users can consistently oversee their payouts from the pool, boosting transparency and confidence in our mining activities. Major Halvings Affect Significant Cryptocurrencies This April marks a pivotal month for cryptocurrency mining at 2Miners as Bitcoin Gold (BTG) and Bitcoin Cash (BCH) experienced their anticipated halving events, decreasing the…