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People naturally pegged the responsibility to irresponsibly overleveraged hedge funds and lending platforms. The problem is centralized finance, or CeFi, cosplaying as DeFi, they said, and there are no issues with DeFi proper. However, the idea that “this time will be different” and that financial actors would all act sensibly
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La demanda de GPUs debería ralentizarse, pero Nvidia (NVDA) está menos expuesta a la demanda de minería de cripto que en 2017-19, según la nota. Además, la demanda de minería de ese sector, que contribuyó a la escasez de tarjetas gráficas, comenzó a disminuir en la primera mitad del año,
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Both Nvidia and AMD (AMD) have argued that they have minimized the downside scenarios from crypto, but Morgan Stanley is of the view that there will be a correction lower in gaming GPU in the first quarter of next year. This will be due to a combination of factors including
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Singapore-based metaverse lending protocol XCarnival recovered 1,467 ether following an exploit that saw a hacker siphon 3,087 ETH out of the platform. Source
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Ethereum is slowly moving higher above the $1,200 zone against the US Dollar. ETH could continue to rise unless there is a clear move below the $1,150 support. Ethereum is facing resistance near the $1,250 and $1,280 levels. The price is now trading above $1,200 and the 100 hourly simple moving average. There
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Solana (SOL) is the best performing asset in the crypto top 10 by market cap. The market seems to be positively reacting to Solana Labs’ smartphone announcement as the cryptocurrency is surging faster than other assets in this tanking. Related Reading | Bitcoin Whale Presence On Derivatives Still High, More Volatility Ahead? At
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Ethereum is slowly moving higher above the $1,120 zone against the US Dollar. ETH could rally if there is a clear move above the $1,165 resistance level. Ethereum is facing resistance near the $1,165 and $1,190 levels. The price is now trading above $1,120 and the 100 hourly simple moving average. There was
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Ethereum-based decentralized trading platform dYdX will be deployed as an independent blockchain on the Cosmos ecosystem. The team behind the project made the announcement this morning leading to a positive reaction for its governance token, DYDX. Related Reading | Bitcoin Steady Above $20K After Drop To $17K – A Slow Climb To
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“The second reason [for the Difficulty Bomb] – and this is one I think is probably way underrated – is the idea that it makes it a bit harder to create a scam fork of Ethereum,” Beiko said. “Two years or three years ago, there was, like, Bitcoin Diamond, Bitcoin
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Ethereum, the second-largest cryptocurrency by market capitalization, is currently in freefall. Over $124 billion in capital vanished from the Ethereum (ETH) decentralized finance (DeFi) in six weeks. Seven months ago, ETH reached its highest value ever at $4,891.70 on November 16, 2021. But it is now trading at around $1,100, which
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