Loading
Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.
Binance, one of the leading cryptocurrency exchanges, has announced its plan to gradually cease support for deposits on the BNB Beacon Chain (BEP2). The sunset of the BNB Beacon Chain is expected to be completed by June 2024. Binance will no longer process deposit requests for all BEP2 tokens, except for BEP2 Binance-pegged tokens (B-tokens), starting from May 15, 2024. (Read More)
According to Token Unlocks data, a significant amount of Optimism's OP tokens is scheduled for release on May 31st. A total of 386,547,056.64 OP tokens, equivalent to approximately $587 million and accounting for 9% of the total supply, are set to be unlocked. (Read More)
Ethereum validators will soon be able to withdraw their Ether (ETH) from the Beacon Chain, with the Shapella hard fork set to be activated on the Ethereum mainnet on April 12. Shapella will take effect at epoch 194,048, which is scheduled for 10:27 pm UTC on April 12, Ethereum core developers confirmed. The withdrawals will [...]
The post ‘Withdrawals are coming!’ — Ethereum devs confirm epoch for Shapella fork appeared first on Crypto Breaking News.
The Ethereum Foundation has officially announced the activation of the Shapella network upgrades on the Ethereum network, scheduled for April 12th at epoch 194048, at 22:27:35 UTC. The upgrade will allow validators to withdraw their stake from the Beacon Chain back to the execution layer and introduce new functionality to both the execution and consensus […]
Ethereum validators are now one step away from being able to unstake their Ether from the Beacon Chain
On chain analysis has been widely reputed to provide users with valuable market insights. Whether you are a beginner or an experienced trader, by harnessing the immense potency of on chain data and its analysis, you can achieve massive success in the industry, as well as multiply your profits by a huge margin. Before you […]
If you want to stay a step ahead of everyone when it comes to the crypto world, then on chain analysis is your answer. This is a powerful analytics tool that when combined with other similar techniques, can help you formulate strategies and make informed financial decisions. You can increase your profits substantially with the […]
On chain analysis is one of the most popular mechanisms that you can use to your benefit and gain deep insights into the world of crypto. While the crypto industry is gaining in popularity and the stories of massive profits seem enticing, no decision must be made without thorough research. Performing on-chain analysis can become […]
Trading crypto is something everyone wants to do today. But if you manage to get n understanding of the blockchain activities associated with the crypto you want to trade, you predict prices and increase your bidding probability. On chain analysis when worked along with TA and Fundamental analysis, enhances your skill set for trading massively. […]
The Merge describes the merger of Ethereum's existing mainnet, which employs proof-of-work, and a separate proof-of-stake blockchain dubbed Beacon Chain.
Continue reading The Merge: an Introduction to Ethereum’s PoW to PoS Transition at DailyCoin.com.
Ethereum's long-awaited Merge with the Beacon Chain is complete — here's what the long-term roadmap for the continued development of the protocol looks like.
Ethereum 2.0 clients Teku and Geth released the required update v22.8.1 for all Mainnet users laying the groundwork for the Merge. The update includes the Bellatrix upgrade and Merge transition configuration. All Ethereum Mainnet users are required to upgrade before September 6, the date of Bellatrix activation on Mainnet. Sharing via a tweet on August 22 Teku […]
The Ethereum Foundation (EF) has debunked some of the misconceptions related to the upcoming merge of the Ethereum network’s Beacon Chain, saying that gas fees would not be eradicated. (Read More)
As the launching of the long-awaited Ethereum upgrade, Merge, approaches, there’s a spike in institutional investment. Ethereum products are receiving more attention from big-shot investors. Though there is no stated period for the Merge, most developers anticipate the upgrade by September 19. However, most Ethereum derivatives are getting more investment deals as the final phase details are revealed. James Butterfill, the Head of Research of CoinShares, stated that investors’ sentiment for Ethereum products is changing. Butterfill made this known in the latest edition of Digital Asset Fund Flows Weekly Report. He noted that the sudden intensity and desire from the investors is due to the Merge approach. According to the report, most institutional investors make preferential investments in Ethereum products. Hence they are pushing in more funds as they believe in the great possibility of the Ethereum network. To them, upgrading the global second largest cryptocurrency would create a more positive and profitable impact. Due to the change in sentiment, the report noted that Ethereum had seen more inflows amounting to about $16 million. This resulted in a seven-week pattern of inflows that accumulated up to $159 million. Related Reading: SOL Makes Another Shot At $44, After Two Failed Attempts This Week So, Butterfill reports that the change in the investors’ sentiment signifies more clarity with the Merge’s timing. This would create the desired transition for the Ethereum network as it moves from Proof-of-Work (PoW) to Proof-of-Stake (PoS). Ethereum blockchain has been operating with a PoW consensus mechanism for its transaction validation and security of its network. Unfortunately, this involves using the mining process that consumes more energy or electricity. But the Merge would transform the system of operation for the blockchain. First, it would start using the more energy-efficient staking process that requires the staking of ETH tokens. Plan For Ethereum Merge Has Been A Tough One The plan for the shift has been delayed for several months. But as the date for the launch approaches, Ethereum proponents are having their fun-filled season. The journey has taken several rough routes that include changes in roadmaps, ambiguous terminology, and, lastly, the recent opposition to the Merge. On the part of its founder, Vitalik Buterin, he kept announcing all the possible hard forks to the transition. This action is an excellent advantage for any PoW blockchain that may opt for a change in the future. However, some prominent personalities in the industry don’t mind a hard fork. For example, Justin Sun, the founder of Tron, pledged the listing of both ETHs and ETHw tokens on his Poloniex exchange. Also, BitMEX revealed its support for any ETHPoW fork. Once it finally happens, it will link the Ethereum mainnet and the Ethereum 2.0 Beacon Chain for a complete transition to PoS. Hence, Ethereum 2.0 would receive increased efficiency and security in its execution of transactions.’ Related Reading: Cardano Tests $0.51 Support – Can ADA Reach Safe Zone And Hit $0.67? Also, there would be a drastic reduction of carbon emission into the environment by over 99% as the network become energy efficient. This was one of the main criticisms against Ethereum as a PoW network. Featured image from Pixabay, Chart from TradingView.com
More investments continue trickling into Ethereum 2.0 deposit contract, given that the number of staked ETH is scaling the heights. (Read More)
Looming macroeconomic concerns and this week’s $1B ETH options expiry threaten to pin Ethereum price under the $1,800 support.
Read about the newest events happening in the crypto space.
While factors outside of bitcoin have caused a free-fall, on-chain data shows a great buying opportunity. Covered: Out of the Money Shorts Continue to Pile Up Out of the Money On-chain data from Into the Block indicates 48% of Bitcoin addresses are ‘out of the money.’ This metric indicates selling fatigue and, as seen below, […]
The post Strong Bitcoin On-Chain Data Provides Needed Hopium appeared first on CryptosRus.
The report by Glassnode also revealed that up to 60% of the transaction volume is in what it calls “profit dominance”, and long-term holders are the most likely to be in the green.
The renowned on-chain analyst Dylan LeClair is taking a look at Bitcoin market sentiment by uncovering some key on-chain metrics. Covered: Bitcoin Exchange Flows Leveraged Bitcoin Market Sentiment Is On The Fence BTC Illiquid Supply Change RECOMMENDED: ON-CHAIN DATA SHOWS BITCOIN NETWORK IS GROWING STRONGER THAN EVER Bitcoin Exchange Flows The first piece of Bitcoin […]
The post Bitcoin Is Still Looking Bullish According To These On-Chain Metrics appeared first on CryptosRus.
World Crypto Global opens the door to digital freedom for everyone.
Manage your free WCG Coins securely—where simplicity meets global accessibility.
FREE CRYPTO COINS
AVAILABLE FOR RESERVATION
ALREADY ALLOCATED
No fees. No catch. Your crypto journey starts here.
World Crypto Global
