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2023-04-11 19:00:04 Always, remember, always DYOR!

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2023-04-11 18:00:04 Winklevoss twins inject $100 million in personal loans into Gemini

Gemini co-founders Tyler and Cameron Winklevoss have extended a personal loan of $100 million to their own cryptocurrency exchange amid the ongoing market slump, as reported by Bloomberg on April 10.

The loan followed the Winklevoss twins’ efforts to secure funding from external investors. While Gemini has not provided any comments on the matter, the loan came during a time when the company was under scrutiny by regulators.

The US Securities and Exchange Commission (SEC) charged Gemini and Genesis Global Capital with offering unregistered securities through Gemini's Earn program in January. The New York Department of Financial Services also began investigating the exchange after users claimed assets in their Earn accounts had FDIC protection.

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2023-04-11 17:00:05 In this video, GoodCrypto explains step-by-step how to configure their DCA algorithm settings, covering topics such as entry conditions, TA period, signal detection, entry order size, averaging orders, averaging orders price step, take profit, TP trigger, and more, providing a detailed guide for cryptocurrency trading.

Get a comprehensive understanding of DCA Algo settings for cryptocurrency trading and learn how to set them up.

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2023-04-10 19:00:05 Quick weekly news:

- Ethereum Shanghai hard fork: ETH price set for more gains versus Bitcoin in April

- Decentralized exchange dYdX announces ’winding down‘ of services for Canadian users

- Polygon becomes second-largest gaming blockchain after user activity surges in March

Other notable events include:

- Binance.US is struggling to secure bank partners in the US

- In light of an SEC subpoena, Sushi's head chef responds to community concerns

Read more in our Reddit post and keep tabs on the market

Also, make sure to check out the top altcoin gainers and losers of the week

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2023-04-10 18:00:06 ​​ Pressure from regulators and Shapella's upgrading caused a decline in Ethereum staking deposits

According to on-chain analytics provider Glassnode, Ethereum staking deposits have decreased slightly in recent weeks due to increased regulatory pressure and the upcoming Shapella upgrade on April 12.

Glassnode's data reveals that deposit activities are currently low, and financial regulators in the United States have been putting pressure on crypto. The Shapella hard fork will enable the phased release of ETH staked on the Beacon Chain, causing the dip in Ethereum staking deposits. As a result, major centralized exchanges such as Coinbase, Binance, and Kraken have lost a lot of market share to the liquid staking platform Lido.

Lido currently accounts for almost a third of the total amount of ETH staked, around $11 billion from the 5.9 million ETH on the platform. Lido takes a 10% commission and offers the potential of earning additional yields on DeFi platforms through its staking token Lido Staked ETH (stETH).

According to Ultrasound. Money, there are currently 18.1 million ETH staked in total, which represents 15% of the entire supply, and this will be slowly released for withdrawal in the weeks and months that follow the Shapella upgrade.

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2023-04-10 17:30:01 Open / Comment

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2023-04-07 19:00:04 Top-performing coins summary!

Enjin Coin (ENJ) became the best-performing asset from the TOP-100, gaining 23,48% within the last week.

Mask Network (MASK) became the worst-performing asset from the TOP-100, losing 14,71% within the last week.

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2023-04-07 18:00:05 To link institutions on the blockchain, Avalanche provides "Evergreen" subnets

Ava Labs, the creator of Avalanche blockchain, has launched Avalanche Evergreen Subnets, a suite of institutional blockchain tools and customizations to meet company-specific requirements for financial services.

The new product aims to enable member institutions to communicate with each other without relying on third-party bridges and provide native communication between any two blockchains on different Avalanche subnets using Avalanche's native communication protocol, Avalanche Warp Messaging.

The Evergreen subnets also have certain built-in features to provide a ready-made product for institutional blockchain deployments, such as user and validator permissioning, jurisdictional-based geofencing, custom gas token selection, and Ethereum Virtual Machine compatibility.

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