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Suspected of money laundering and investigated by the SEC! Is Coin An troublesome?
A few days ago, it was reported that the US Securities and Exchange Commission (SEC) launched an investigation on the native token BNB of Coin Security in the cryptocurrency exchange.According to the news, the SEC is investigating whether the sale of BNB tokens by its founder Zhao Changpeng, Binance, the world's largest cryptocurrency exchange, constitutes an unregistered securities sale during its initial token issuance (ICO) in 2017
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Musk Rejuvenation: Dog Coin Soars 30%!
Recently, the icon of a dog suddenly appeared on the user interface of the globally renowned social media platform Twitter. This dog is Doge, and currently the reshaping of Doge seems to only apply to Twitter's web user interface, not its applications
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The "heavyweight" ETH and stETH have taken off anchor, Ethereum has plummeted, and the second "LUNA" is coming soon?
Nowadays, the cryptocurrency market is in a bear market cycle, and almost all cryptocurrency enthusiasts have suffered a lot in the bear market, from LUNA plummeting to collapse and returning to zero, along with other mainstream currencies and counterfeit currencies in the currency industry. During this period, many positions were gradually sold out, and even some people were disappointed and left the coin circle
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Analyzing the Reasons for Ethereum's Recent Strong Performance
Against the backdrop of the successful upgrades of "Shanghai" and "Capella" (Shapella), prices have broken through. The strengthening of bullish sentiment after the upgrade led to the price of Ethereum hitting a new high of $2123 for the year on April 14th
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Shanghai upgrade is coming soon, ETH leads the rise, can Ethereum surpass Bitcoin?
Recently, the Ethereum market has performed outstandingly, with its price breaking its recent high on May 5th, reaching $1945.During the same period, although Bitcoin remained volatile at a high point, it did not break a new high and its rise was significantly weaker than Ethereum.As of April 10th, ETH/BTC has risen by about 6.92% so far this month, reaching a maximum of 0.0679BTC, rebounding nearly 8% since March 20th.As of writing, Bitcoin has fallen below $28000, with a price of $27883 and Ethereum at $1830.The main reason why Ethereum has shown a strong upward trend and outperformed Bitcoin is due to the upcoming Shanghai hard fork upgrade on April 12th!Many experts believe that in the long run, hard forking is beneficial for Ethereum. up to now,The Shanghai craze helped Ethereum outperform Bitcoin in AprilCurrently, the positive signals surrounding Ethereum are evident:According to Glassnode data, the total value of ETH2.0 deposit contracts has just reached a 10 month high of $31601215618.82.According to data from the official website mainnet.beconcha. in of Ethereum, the total number of Ethereum pledges has exceeded 18 million ETHs, with a total of 18044134 ETHs pledged. The total number of Ethereum beacon chain validators has exceeded 560000.In addition, the Ethereum Beacon Chain ETH pledge APR (annual return rate) is 4.65%.L2BEAT data shows that as of now, the total lockup volume on Ethereum Layer2 is $9.17 billion, up 0.23% in the past 7 days. Among them, the largest lock-in volume is the expansion plan, ArbitrumOne, which is approximately 6.002 billion US dollars, accounting for 65.88%. The second largest lock-in volume is Optimism, which is 1.954 billion US dollars, accounting for 21.45%.The Ethereum Exchange showed a net transfer out status within 24 hours, with a net transfer out amount of 7.1344 million US dollars; Bitcoin experienced a net transfer phenomenon, with a 24-hour net transfer of $10.1 million.In addition to the good performance of data on the chain, the application scenarios of Ethereum are also constantly expanding, bringing hope for further breakthroughs in the market.Headquartered in Zurich, SwitzerlandFinancial bank IncoreBank announced that it will provide customers with Ethereum pledge servicesThe bank stated that customers using its Ethereum pledge service must fully comply with the "Know Your Customer (KYC)" and anti money laundering (AML) compliance requirements.Mark Dambacher, CEO of IncoreBank, stated that the bank will provide customers with Ethereum pledge services through quarantine wallets and comply with regulatory and tax regulations.However, although the Ethereum market is dominated by bullish sentiment, from today's market trend, the downward correction performance is still very obvious:Ethereum's price dropped as low as $1822 today, a daily decrease of 1.61%, while Bitcoin's price dropped as low as $27790, a daily decrease of 0.46%.Greeks.live macro researcher Adam tweeted that despite the upcoming upgrade in Shanghai, the implied volatility IV of Ethereum options has actually experienced a significant decline, with a drop of up to 8% in the past two days.He believes that the main reason for the decline in IV is the decrease in market liquidity caused by the Easter holiday. However, at the current level of volatility, it is abnormal for monthly IV to fall to the same level as Bitcoin, and a large number of users are adding positions to short the future volatility level.
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Ethereum Shanghai Upgrades, LSD Supplier Pledges Soaring: Analyzing Potential Stocks and Undervalued Projects
Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of MarsBit
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Comparison between ETH and BTC: Why may Ethereum prices face short-term pain?
In the past 24 hours, the price of Etalum, the second largest secretive company, has skyrocketed by 7% as its network has successfully completed the highly anticipated Shanghai hard fork. However, upgrades enable network participants to recover their bet funds
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How does Ethereum record a significant increase in gasoline costs as meme transactions increase
In the past week, several traders have participated in trading ETH for meme tokens. As a result, the usage of gas has surged, bringing considerable revenue to blockchain
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The reason why Bitcoin (BTC) prices have fallen while counterfeit coins remain strong
After rising by over $29000 on Thursday, Bitcoin prices fell to $27.5 million today
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2023 Bitcoin (BTC) Price Forecast - Will BTC soon reach $40000?
The bullish BTC price forecast for 2023 is $28474.72 to $34259
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Bitcoin prices are once again on a roller coaster ride, soaring by $2477 in just one day
Reading Innovation/Shenzhen Business Daily reporter Zhou LiangchengAs of 8:30 pm on April 26th, the price of Bitcoin was reported at $29895 per piece, an increase of $2477, or 9.03%, from the previous day, just one step away from the focal point of $30000
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Up 10%! Bitcoin hit 30000 and Ethereum broke through 1960; 140 million magnesium sold out across the entire network
After approaching $27000 yesterday, Bitcoin rebounded strongly today, reaching the $30000 mark, and Ethereum also broke through $1960 at its highest. The strong rise has also led to as many as 38000 positions being sold out in the past 24 hours, with a total online exposure of $140 million