Archive for the ‘Ethereum’ Category

Ethereum Edges Lower But Remains Above This Key Level … – Benzinga

Bitcoin BTC/USD traded mostly flat, with the cryptocurrency prices trading above the $27,800 level on Monday.

Ethereum ETH/USD traded slightly higher, but remained above the key $1,700 mark this morning.

Neo NEO/USD was the top gainer over the prior 24 hours, while SingularityNET AGIX/USD turned out to be the biggest loser.

At the time of writing, the global crypto market cap rose to $1.16 trillion, recording a 24-hour gain of 0.2%. BTC was trading lower by 0.3% at $27,891 while ETH fell by around 0.9% to $1,766 on Monday.

Here are the top ten crypto gainers and losers over the past 24 hours:

Price: $12.6724-hour gain: 5.1%

Price: $5.9824-hour gain: 4.5%

Price: $0.477124-hour gain: 4.2%

Price: $43.4324-hour gain: 4%

Price: $38.2024-hour gain: 3.7%

Price: $0.424324-hour drop: 4.4%

Price: $0.349224-hour drop: 4.2%

Price: $0.0340524-hour drop: 4.1%

Price: $2.1824-hour drop: 4.1%

Price: $0.738624-hour drop: 3.4%

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Ethereum Edges Lower But Remains Above This Key Level ... - Benzinga

Why Bitcoin- And Ethereum-Related Stock Silvergate Is Up 30 … – Benzinga

Silvergate Capital Corp SI shares are trading higher by 30.23% to $2.24 Monday morning after MicroStrategy Inc MSTRreported it voluntarily prepaid its Silvergate Bank loan. MicroStrategy prepaid approximately $161.0 million.

What Else?

The Term Loan was issued pursuant to a Credit and Security Agreement, dated as of March 23, 2022 by and between Microstrategy and Silvergateandwas collateralized by certain bitcoin owned by Microstrategy and a$5.0 millioncash reserve account.

See Also:Why NuCana Shares Are Nosediving

Silvergate agreed to accept$161 million in full repayment, satisfactionand discharge of the Term Loan and all other obligations under the Credit Agreementand the other related loan documents.

According to data fromBenzinga Pro, SI has a 52-week high of $162.64 and a 52-week low of $1.10.

2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Why Bitcoin- And Ethereum-Related Stock Silvergate Is Up 30 ... - Benzinga

410 Trillion Shiba Inu (SHIB) Burn by Ethereum’s Vitalik Buterin Might Be Biggest of All Time: Details – U.Today

Tomiwabold Olajide

Massive Shiba Inu (SHIB) burn by Ethereum creator Vitalik Buterin enters crypto history books

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Conor Grogan, a director at Coinbase, recently took to Twitter to provide a list of the most expensive crypto-transactions-by-chain that he was aware of. According to the list he supplied, the Ethereum network's $4.4 billion move between Binance wallets on May 7, 2022, took the top spot.

In the second spot, there was a $1.94 billion move by Binance to cold storage on Feb. 22.

In June 2018, Tron founder Justin Sun made a huge $1.46 billion transfer to the Huobi exchange. This took fourth place. Then in April 2020, $1.1 billion worth BTC moved from Bitfinex for the refill of its exchange hot wallet.

Among these noteworthy transactions is a transfer of $65.53 million worth of XRP from Bitso to Bithumb.

While all of these transactions have a place in history, none stands out compared to Ethereum co-creator Vitalik Buterin's massive 410 trillion Shiba Inu burn.

Grogan stated that if transactions to burn addresses are taken into consideration, Vitalik Buterin's $7 billion might be the biggest of all time. This even surpasses the $4.4 billion ETH move between Binance wallets previously stated. Grogan also says he did not include $13 billion worth of BETH burned back on June 7, 2022, in the list he provided for lack of clarity on the transaction.

In May 2021, Ethereum co-creator Vitalik Buterin burned 90% of his SHIB holdings, totaling around $7 billion, saying he did not want to be a locus of power of that kind. Buterin had been unwillingly gifted half of SHIB's total supply.

A stash of over 410 trillion tokens was sent to a dead blockchain address in a single transaction, removing them from circulation.

The remaining 10% was earmarked for charitable causes by the Ethereum co-creator.

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410 Trillion Shiba Inu (SHIB) Burn by Ethereum's Vitalik Buterin Might Be Biggest of All Time: Details - U.Today

Bitcoin, Ethereum, Dogecoin Mixed As Banking Worries Deepen … – Benzinga

Major coins traded mixed on Sunday evening as the recent banking crisis in the United States has caused many investors to question the reliability of the traditional banking system.

$0.073

What Happened: Apex cryptocurrency Bitcoin BTC/USD is currently trading below $28,000.

Ethereum ETH/USD was up 0.66% to change hands below $1,800. Dogecoin DOGE/USD was trading at $0.073, down 0.36% in the last 24 hours.

At the time of writing, the global crypto market capitalization stood at $1.16 trillion, an increase of 0.64% over the last day.

U.S. stocks rose Friday after a volatile trading session. Although Friday began with fears that the banking crisis was spilling over to Deutsche Bank, the markets rebounded to end the week on a higher note. The S&P 500 rose 0.56%, while Nasdaq Composite ticked up 0.3%.See More: Best Crypto Day Trading Strategies

News Highlights: Liquidity is a major problem in today's crypto market. According to the Kaiko data provider, large orders without market depth can cause large price fluctuations, leaving traders vulnerable to slippage and even potential losses.

Conor Ryder, Research analyst at Kaoiko said the liquidity crisis has been particularly evident in Bitcoin, where the closure of two key US-based banks hassignificantly reduced liquidity levels to 10-month lows. The same liquidity crunch is also affecting the decentralized finance (DeFi) sector.

Analyst Notes: Crypto analyst Michal van de Poppe said that he predicted Bitcoin would drop to $25,000, but the apex crypto resisted and made a substantial correction to $26,200. He believes BTC would eventually reach $40,000. Trading isnt black and white, its often grey. This push makes me believe well continue up.

Crypto analystJustin Bennett had a snarky response to Balaji Srinivasan's bold $1 million bet. He said, if Bitcoin were to lose $26,500 on high times frames, then this would be the most obvious short entry point that the majority of crypto Twitter missed because they were promised $1 million in Bitcoin in just 90 days.

Read Next: Web3 Token Surpasses Bitcoin, Ethereum In Weekly Gains With 33% Surge On Microsoft Tie-Up

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Bitcoin, Ethereum, Dogecoin Mixed As Banking Worries Deepen ... - Benzinga

DecentWorld Introduces EOS Wallets and EOS to Ethereum Ramp – Digital Journal

PRESS RELEASE

Published March 27, 2023

The Swiss metaverse DecentWorld, is shaking things up with the release of their innovative 2.0 update. One of the changes coming to the platform with the new overhaul is the EOS wallet integration.This integration aims to create an even more accessible and seamless user experience. A companion update also introduced an EOS to Ethereum ramp, which gives DecentWorld users more control over their virtual assets.

ZUG, Switzerland - March 27, 2023 --

Designed for performance and scalability the EOS blockchain is shown to be able to process thousands of transactions per second. These specifics make it a great fit for big-data driven metaverse projects, which aim for a smooth and seamless user experience with future scalability in mind.

EOS high security and decentralization was another key aspect that won the Swiss metaverse over. DecentWorld's users deal with a large number of virtual assets in the form of Streets, Collections and, with the 2.0 update Buildings as well. This solid and reliable foundation should make users of the platform feel peace of mind for the security of their digital assets.

"EOS wallet integration was a key steppingstone in creating what we call a hybrid system. We wanted to become an accessible metaverse for both users with limited to no knowledge about blockchain technology and crypto-savvy blockchain enthusiasts. The move for EOS wallet integration was specifically meant to make the user experience more streamlined and asset storage more secure." said Liucija Lenkauskaite-Stankevice, Project Lead at DecentWorld.

EOS to Ethereum ramp

The new DecentWorld EOS wallet integration comes paired with an EOS to Ethereum ramp, which allows seamless and easy transfer of digital assets from one blockchain network to the other.

Cross-network accessibility grants DecentWorld users more freedom in how they control their virtual assets. The seamless transition between the two blockchain networks grants added flexibility and control over NFT portfolios. It also grants DecentWorld users access to the largest NFT marketplaces, like OpenSea.

"For someone to genuinely be an owner of digital assets, there shouldn't be limitations or artificial borders erected for what that person decides to do with their digital property. If a user wants to mint a famous landmark, they can do that in DecentWorld. If the same user wants to sell that landmark in our P2P market, they can do that. If they decide to move their NFT to OpenSea and sell it there, now they can do that too." Liucija Lenkauskaite-Stankevice, Project Lead at DecentWorld added.

About DecentWorld

DecentWorld is a Swiss metaverse digital real estate and gaming platform built on blockchain technology to introduce a next-generation web3 experience. DecentWorld 3D Downtown Dubai experience hosts entertaining play-to-earn minigames and has metaverse marketing placements all over the city. The platform also allows members to mint and trade digital Street NFTs, which can then be combined into Collections and staked. DecentWorld also stands for trust and transparency in the blockchain industry.

To fully explore our metaverse, please visit http://www.decentworld.com

Follow our latest updates on Twitter, Discord, Telegram, Instagram, and LinkedIn.

For business partnerships, please reach out to [emailprotected].

Contact Info: Name: Liza Email: Send EmailOrganization: DecentWorldWebsite: http://www.decentworld.com

Release ID: 89092105

If you detect any issues, problems, or errors in this press release content, kindly contact [emailprotected] to notify us. We will respond and rectify the situation in the next 8 hours.

COMTEX_427630992/2773/2023-03-27T08:05:14

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DecentWorld Introduces EOS Wallets and EOS to Ethereum Ramp - Digital Journal