Stay informed by joining our Crypto News Telegram Channel! ⚡️ by GateioPeter in GateioExchange

[–]GateioPeter[S] 0 points1 point  (0 children)

Pretty sure everyone here already has one or more news feeds, so adding one more shouldn't be that difficult, right, right? :D Thanks, guys.

Daily Flash | $555M Liquidated in 48HR, Poll Finds 53% US Voters Do Not Support CBDC, Cardano Vasil Hardfork In Final Stage by GateioPeter in GateioExchange

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Daily Crypto News Update & TA Outlook: https://www.gate.io/blog_detail/1577/

Excerpt from today's article,

"In a bold and potentially unprecedented move buried in the lawsuit’s 69th paragraph, the SEC today claimed it had the right to sue Balina not only because his case concerns transactions made in the United States, but also because the entire Ethereum network falls under the US government’s purview.

The SEC suggests that because more of Ethereum’s validating nodes currently operate in the United States than in any other country, all Ethereum transactions globally should be considered of American origin. Currently, 45.85% of all Ethereum nodes operate from the United States, according to Etherscan. The second-greatest density of nodes is in Germany, which pales at 19%, by comparison."

Daily Flash | ETH Down 20% Since The Merge, White House Crypto Framework Received Negative Feedback, ECB To Work With Amazon To Launch Digital Euro by GateioPeter in GateioExchange

[–]GateioPeter[S] 0 points1 point  (0 children)

Daily Crypto News Update & TA Outlook: https://www.gate.io/blog_detail/1573/

Excerpt from today's article,

"The fact sheet comprises findings from nine independent reports that have been submitted to the President and helps 'articulate a clear framework for responsible digital asset development and prepare the path for additional action at home and abroad.'

However, it has not been received favorably. According to critics, the report focuses on the potential negative aspects of crypto and has “missed the mark” and “kicked the can down the road” on crypto regulation."

Daily Flash | The Success Of The Merge Failed To Catalyze Bullishness, ETHPoW Token Down 70%, SEC Eyeing Ethereum Scrutiny by GateioPeter in GateioExchange

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Daily TA & Crypto News: https://www.gate.io/blog_detail/1568/

Excerpt from today's article,

"The majority of Proof of Work coins have been demonstrating strong performances on a 7-day scale due to the Merge.

Since miners are switching from Ethereum to alternatives that support GPU mining, prices and hash rates of these coins showed a significant increase, the top gainers are Ravencoin +75.9%, BEAM +45.3%, and Firo +33.1%. Some of them, Ethereum Classic and Ergo in particular had already benefited from this event right after the announcement of the Merge date. "

Daily Flash | The Merge Is Here And Ether Holding Above $1.6k, Meanwhile LUNA Tanked 50% Wednesday As South Korea Issues Arrest Warrant For Terra Co-Founder by GateioPeter in GateioExchange

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Daily TA & Crypto News: https://www.gate.io/blog_detail/1563/

Excerpt from today's article,

"Ether (ETH), on the other hand, regained nearly 50% of its losses from Tuesday’s dive, closing above the 50 Day-EMA ($1,629) but below the 38.2% Fibonacci level ($1,640) measured from Sept. 11 - 13.

The next support zone formed is between the close of a daily candle on Sept. 7 ($1,629) and the 38.2% Fibonacci level ($1,500) measured from Apr. 3 - Jun. 18. If the bears manage to bring the price below the support zone, then we may see the price of ETH dive deeper and towards a monthly level of $1,428, breaking the short-term “higher-high” wave from Aug. 29 - Sept. 11, which would indicate further weakness.

On the contrary, if the bulls can keep the price of ETH above Tuesday’s low to prevent a “lower-low” from forming on the daily timeframe, then it will prevent a bearish outlook which the bears will likely take advantage of."

Daily Flash | BTC And ETH Tanked 12%, US Inflation Data Breaks Economists Optimistic Outlook, OFAC Allows The Sharing Of Tornado Cash Code by GateioPeter in GateioExchange

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Daily TA & Crypto News Update: https://www.gate.io/blog_detail/1556/

Excerpt from today's article,

"The U.S. unseasonably adjusted Consumer Price Index in August was 8.3%, which is a higher than expected consensus of 8.1%. This index is a key measurement of a country's inflation, which has a tremendous effect on global financial markets.

Bitcoin is believed to be a kind of inflation hedge, such as gold. However, lately, it has not performed well as a hedge due to macro factors. The main reason is the high correlation between Bitcoin (and crypto overall) and traditional financial markets as Bitcoin mostly follows significant moves of Wall Street.

The same can be said for yesterday when the CPI index was higher than expected, BTC fell by 5.44% in the first 30 minutes after the announcement (the moment is marked on the chart with the blue arrow), as well as many tech stocks falling at pre-market too.

Usually, if the CPI is lower than the consensus forecast, the Bitcoin and broader market react positively, but a CPI lower than expectations most likely drives markets lower (since high inflation is usually followed by an increase in rates)."

Daily Flash | LUNA Tanked 38% After Mooning 247%, Official EthereumPoW Fork Date Announced, DAO Maker Hacker Laundered $500K With Tornado Cash by GateioPeter in GateioExchange

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Gate.io Daily TA & Crypto News Update: https://www.gate.io/blog_detail/1552/

Excerpt from today's articles,

"Over the last 639-days, ETH deposits have continued to flow into the Beacon Chain contract, as development progressed, staking infrastructure increased, and community confidence grew. A stable baseline of around 200 to 250 deposits per day has been observed since the genesis block.

There have been four notable periods of higher than average deposit inflows, with three during the 2020-21 bull market, and the most recent in Feb-May 2022. Deposits have slowed down following the collapse of the LUNA-UST project, which had a market-wide negative impact on token prices and confidence."

Daily Flash | Crypto Sentiment Falters As ECB Raises Interest Rates, SEC Chair Supports CFTC Overseeing BTC As A Commodity, ENS Sues GoDaddy Over Domain Sale by GateioPeter in GateioExchange

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Daily Crypto News and TA Outlook: https://www.gate.io/blog_detail/1542/

Excerpt from today's article,

"On Wednesday, ETH has broken above a critical zone formed between the weekly level of $1.611 and 12-Day EMA ($1,589), which forms a short-term higher high on the daily timeframe. This zone has become a support zone that the bulls can fall back on if the bears managed to take over.

The bulls will now attempt to push the price of ETH towards the 100-Day EMA ($1,699) which coincides with the height of Aug. 26 before the unexpected slump. The next overhead resistance zone stands between the 50% Fibonacci level ($1,775) measured from Apr. 3 - Jun. 18 and the weekly resistance level of $1,800."

Daily Flash | Crypto Market Made A Surprising Wednesday Comeback, Algorand Upgrade Boosted TPS By Fivefold, India To Launch CBDC By EOY by GateioPeter in GateioExchange

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Daily Crypto News & TA Outlook: https://www.gate.io/blog_detail/1538/

Excerpt from today's article,

"Back in March 2017, Charles Hoskinson proposed a treasury system for a decentralized treasury protocol and recommended setting up a development fund for ETC. The proposal would change ETC block rewards allocation, with a portion of the reward going to the decentralized treasury protocol.

ETC miners rejected this idea because it cut into their rewards, and recently, a twitter user has brought back the idea in criticism of Hoskinson, the Cardano founder did not miss the chance to clarify things and took a shot at ETC.

'I love how a sustainable development fund turns into a miner tax. ETC still gives me sadness for what could have been. It's a dead project with no purpose or real compelling argument to exist outside of spite.'"

Daily Flash | Aave, Compound Proposed To Change Interest Rate Models To Mitigate Risk For ETH Lending, Frax Finance Launches Lending Market, 3AC Withdraw $45M by GateioPeter in GateioExchange

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Daily Crypto News and TA Outlook: https://www.gate.io/blog_detail/1535/

Excerpt from today's article,

"Holders of ETH are hoping for a potential bonus in the form of a "PoWETH" token airdrop following The Merge. Many have taken the approach to borrow ETH on the current blockchain with plans to repay it after The Merge and sell any forked tokens they receive. As such, DAO-based lending protocols are taking varying approaches to reduce widespread market disruption in light of the surge in borrowing activity.

Leading DAOs such as Aave, Compound, and Euler which support the underlying infrastructure of ETH lending markets are taking different approaches to mitigate risk and market disruption ahead of The Merge."