Crypto industry news

A widely followed analyst and trader is expressing bullish sentiment on an Ethereum (ETH) competitor that has soared by triple digits in half a year. The analyst pseudonymously known as Bluntz tells his 254,100 followers on the social media platform X that Solana (SOL) appears to have completed a short-term bearish phase when paired against the US dollar. Bluntz, who usually applies the Elliott Wave theory in his technical analysis, says that Solana has bottomed out at around $162 and will now go “higher from here” after completing a three-wave bearish pattern. The Elliott Wave theory states that the main trend of the price of an asset moves in a five-wave pattern while a correction occurs in a three-wave pattern. Solana is trading at $175 at time of writing, up by 722% from the low of $21.27 reached in October of 2023. Against Bitcoin (BTC), the pseudonymous analyst says that Solana is exhibiting a bullish divergence on the four-hour chart with the price of Solana/Bitcoin trending downwards while the Relative Strength Index (RSI) readings are trending upwards. The RSI is a momentum oscillator typically used to determine oversold and overbought conditions and its values range from 0 to 100. From Bluntz’s chart, it also appears that Solana/Bitcoin has completed a downward-trending five-wave pattern that was encompassed within the final wave a three-wave bearish pattern. Solana is trading at 0.00243700 BTC ($70,236) at time of writing. Generated Image: DALLE3

Newmont Corporation (NEM) closed the most recent trading day at $39.06, moving -1.54% from the previous trading session. The stock`s performance was behind the S&P 500`s daily loss of 0.95%. Elsewhere, the Dow lost 1.09%, while the tech-heavy Nasdaq lost 0.84%. Coming into today, shares of the gold and copper miner had gained 17.09% in the past month. In that same time, the Basic Materials sector gained 4.98%, while the S&P 500 gained 1.78%. The upcoming earnings release of Newmont Corporation will be of great interest to investors. In that report, analysts expect Newmont Corporation to post earnings of $0.39 per share. This would mark a year-over-year decline of 2.5%. Alongside, our most recent consensus estimate is anticipating revenue of $3.4 billion, indicating a 26.86% upward movement from the same quarter last year. For the full year, the Zacks Consensus Estimates project earnings of $1.88 per share and a revenue of $15 billion, demonstrating changes of +16.77% and +26.99%, respectively, from the preceding year. Investors might also notice recent changes to analyst estimates for Newmont Corporation. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts` positivity towards the company`s business operations and its ability to generate profits. Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To capitalize on this, we`ve crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Newmont Corporation is currently a Zacks Rank #3 (Hold). In terms of valuation, Newmont Corporation is presently being traded at a Forward P/E ratio of 21.06. This valuation marks a premium compared to its industry`s average Forward P/E of 16.79. Investors should also note that NEM has a PEG ratio of 3.39 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company`s anticipated earnings growth rate. Mining - Miscellaneous stocks are, on average, holding a PEG ratio of 3.34 based on yesterday`s closing prices. The Mining - Miscellaneous industry is part of the Basic Materials sector. This industry currently has a Zacks Industry Rank of 151, which puts it in the bottom 41% of all 250+ industries. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. You can find more information on all of these metrics, and much more, on Zacks.com. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Newmont Corporation (NEM) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research

Сегодня истекает срок действия большого количества опционов на биткоин (BTC) и Ethereum (ETH). Разбираемся, как это повлияет на цену базовых активов. Опционы на криптовалюту — производные контракты, которые позволяют трейдерам покупать или продавать актив по определенной цене в определенную дату истечения срока действия. Если владелец опциона решает не покупать или продавать криптовалюту, он не обязан это делать. Это делает опционы более гибким инструментом, чем фьючерсы, которые обязывают закрыть позицию вне зависимости от прибыли или убытков. Условная стоимость истекающих в ближайшее время 18 тыс. контрактов на BTC и 270 тыс. контрактов на ETH составляет $1,2 млрд и $890 млн соответственно. Разбираемся, сможет ли экспирация спровоцировать повышенную волатильность на рынке и повлиять на цену двух крупнейших по капитализации криптовалют.

- Avalanche whales accumulate over 50 million AVAX tokens. - Toncoin (TON) price rallied by over 133% last month. - DTX Exchange (DTX) begins its presale on a high note. 2024 has brought a few lucrative crypto projects to the front, and DTX Exchange (DTX) is the best among them. This new project has won investors’ trust with its unique business plan. Holders of Avalanche (AVAX) and Toncoin (TON) are also heavily investing in DTX Exchange (DTX) for better gains this year. Avalanche (AVAX) gets whales’ support The Avalanche community is bullish due to an increased involvement of whales with AVAX. As per the latest on-chain data, Avalanche whales have collected around 52 million AVAX tokens within the last few days. It suggests that whales have a strong confidence in Avalanche (AVAX). According to experts, large-scale buying of Avalanche (AVAX) from whales can trigger a strong buying sentiment for AVAX. This can eventually lead to a significant surge in Avalanche’s (AVAX) price. Meanwhile, Avalanche (AVAX) is up by 9% on the monthly price chart. Consequently, Avalanche (AVAX) is currently changing hands at $47.28. Toncoin (TON) becomes the 10th largest crypto Toncoin (TON) has emerged as one of the best-performing cryptocurrencies over the past few weeks. Subsequently, the market value of Toncoin (TON) has increased by more than 133% in the past month. Hence, at the time of writing, Toncoin (TON) is available to trade at $6.61. This strong increase in the demand for TON has also pushed the market capitalization of Toncoin (TON) upwards. The total market capitalization of Toncoin (TON) has now soared past the mark of $19 billion. This has also made Toncoin (TON) the 10th largest crypto asset by market capitalization. Recently, Telegram has introduced a new ad payment system, which supports TON payments, boosting the demand for Toncoin. DTX Exchange (DTX) presale sets the stage on fire Are you sick and tired of those clunky, old-school crypto exchanges? The ones that feel like they take control, zap your profits with fees, and move at a snail's pace? Well, guess what – DTX Exchange (DTX) is here to shake things up. It is a novel trading platform built on blockchain, designed for speed, security, and putting you in the driver's seat. Think trading crypto, stocks, forex, and all that good stuff – in one streamlined place. Tons of folks are diving into crypto trading, and the numbers have exploded lately. Market reports suggest that the number of crypto traders has soared by over 8000% in the last eight years. Thus, DTX Exchange (DTX) is stepping up. DTX Exchange (DTX) cuts out the middleman with fancy algorithms that handle trades without any messy human bias. It offers lower fees, and fast transaction speed. Whether you are a novice or a seasoned trader, DTX Exchange (DTX) makes it easy for you to make big profits. It has got your back with tools to help you learn the ropes. There is no time to waste now. The DTX ecosystem is booming, and its DTX token is surging in value. Its presale is happening right now, and the buzz is unreal. At present, you can buy a DTX token for just $0.02, but that price is about to jump soon. Experts are saying early DTX Exchange (DTX) investors could be rolling in large profits later this year. Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Обновление Ethereum Pectra, запланированное на конец 2024 или начало 2025 года, привнесет множество дополнительных функций для криптокошельков и улучшений пользовательского опыта. Об этом заявил разработчик блокчейна Тим Бейко. All things considered, teams were in agreement about moving forward in the EIP. 3074 will be included in Pectra ?! Основой обновления станет уже утвержденное EIP-3074. Оно добавит новые возможности для кошельков, включая восстановление утраченных ключей. Чтобы воспользоваться инструментом, пользователи должны передать право собственности на свои активы контракту инициатора посредством цифровой подписи, которая выполняет транзакции и вызовы функций от их имени. Web3-исследователь cygaar объяснил, что EIP превращает кошельки в смарт-контракты, добавляя две новые рабочие инструкции — AUTH и AUTHCALL. So how can we turn existing EOAs into smart contracts? By adding two new opcodes (computer instructions) — AUTH and AUTHCALL. These two opcodes work in tandem to allow a smart contract to act on behalf of an EOA. Here`s a quick overview on how they work (feel free to skip). AUTH проверяет на достоверность подпись пользователя и предполагаемое действие, а AUTHCALL вызывает целевой контракт для выполнения с «адресом отправителя в качестве вызывающего». Pectra также внедрит функцию «объединения» транзакций по группам и возможность делегирования средств. Еще одним ключевым преимуществом EIP-3074 является то, что пользователям не понадобится ETH в кошельке для отправки транзакций, поскольку организация, стоящая за контрактом инициатора, может заплатить за операции «авансом». Разработчик DeFi Llama 0xngmi назвал главным недостатком EIP то, что «теперь можно будет полностью истощить адрес, все токены, все NFT, все DeFi-позиции с помощью только одной плохой подписи». downside of EIP 3074 is that now it`ll be possible to fully drain an address (all tokens, all nfts, all defi positions…) with only one bad signature Хотя обновление и вызывает проблемы с безопасностью, «люди всегда найдут способ потерять свои деньги», отметил соучредитель Gaslite Харрисон Леггио. Lots of drama over EIP-3074 introducing new security concerns and attack vectors. Guess what? People literally GIVE THEIR PRIVATE KEYS TO TRADING BOTS. People will always find a way to lose their money. Ранее соучредитель Ethereum Виталик Бутерин рассказал о следующем этапе дорожной карты блокчейна — The Purge («Чистка»). Он направлен на упрощение структуры сети и снижение нагрузки на узлы.

Подразумеваемая волатильность Ethereum-опционов с экспирацией в конце мая говорит о высоких ценовых колебаниях актива из-за сомнений в одобрении спотового ETF. Об этом The Block рассказал глава отдела рынков YouHodler Руслан Лиенха. Издание напомнило, что 23 мая наступит окончательный срок для принятия решения SEC по заявке от VanEck. Аналогичные дедлайны по предложениям от ARK/21Shares и Hashdex ожидаются 24 и 30 мая. «Опционы демонстрируют значительное увеличение волатильности в зоне уровня исполнения в $3600. Возможное превышение этой отметки на спотовом рынке будет сопровождаться повышенными ценовыми колебаниями. Кривую подразумеваемой волатильности могут скорректировать новые факты или риторика SEC», — прокомментировал эксперт. Трейдер криптовалютных деривативов Гордон Грант отметил наблюдавшееся снижение метрики в апрельских контрактах относительно тех, что истекают в мае. По его наблюдениям, после резкого роста Ethereum в предыдущие дни они выровнялись. «Похоже, что оценка мая не является чрезмерно завышенной с точки зрения так называемой календарной бабочки по сравнению с соседними месяцами», — пояснил специалист. По мнению Гранта, участники рынка усилили шортовые позиции по апрельским опционам в ожидании сохранения или снижения уровней подразумеваемой волатильности ввиду ограниченных ценовых колебаний на спотовом рынке. Ранее аналитик Bloomberg Эрик Балчунас снизил вдвое вероятность одобрения спотового ETH-ETF в мае — с 70% до 35%. В GSR оценили шансы в 20%. В апреле CEO VanEck и CoinShares Ян ван Эк и Жан-Мари Моньетти усомнились в скорой регистрации продукта.

Опрос Deutsche Bank среди 3600 потребителей из США показал возросший оптимизм в отношении криптовалюты и ее будущего принятия. Об этом сообщает Reuters. Согласно исследованию, 52% респондентов заявили, что цифровые активы станут «важным классом и методом денежных переводов» в будущем. Ранее этого мнения придерживались только 40% опрошенных. Люди, считающие криптовалюты «просто причудой, которая со временем исчезнет», составили менее 1%. Около 33% ожидают падения биткоина до $20 000 к концу года. Эта группа тоже становится меньше — в январе доля скептиков достигала 36%. Однако только 10% респондентов убеждены, что цена первой криптовалюты превысит $75 000. На момент написания биткоин торгуется по $69 300, за сутки просев на 1,5%. В марте опрос Nickel Digital продемонстрировал рост интереса институциональных инвесторов к криптовалютам на фоне благоприятных перспектив развития индустрии. Более 74% респондентов намерены увеличить свои позиции в цифровых активах.

Команда Ethena Labs увеличила вознаграждение для заблокировавших большой объем ENA в стейкинге. Токен отреагировал ростом на 11%, до $1,3. Согласно обновленной политике, с 8 апреля минимальный срок стейкинга ENA составляет семь дней. Для пользователей, заблокировавших более 50% запасов токена относительно своего баланса, вознаграждение в бонусных Sats увеличивается на 50%. Заработанные поинты предположительно конвертируют в токены в ходе будущего аирдропа. Для получения дополнительной прибыли стейкеры должны внести ENA на минимальную сумму $5000. «Для абсолютной прозрачности: участвующие в аллокации команды и инвесторы, которые зафиксированы в графиках перехода прав, не смогут блокировать ENA. В обращении будут находится только токены, полученные в результате первого аирдропа или приобретенные на открытом рынке», — уточнила команда Ethena. Первоначальный лимит блокировки ENA установлен на уровне $200 млн. Его намерены увеличить со временем. Параллельно аналитики Lookonchain сообщили, что три кошелька вывели суммарно 11,9 млн ENA (~$15,23 млн) с Binance для участия в стейкинге. Whales are withdrawing $ENA from exchanges and staking it due to the #Ethena Season 2 staking rewards. 3 whales withdrew 11.9M $ENA($15.23M) from #Binance and staked it.https://t.co/3UrErMJ2R3https://t.co/8ZPz0U8U8Fhttps://t.co/AAwOJLz8qk pic.twitter.com/NbMdbF5xdO Кроме того, сообщество лендинговой DeFi-платформы Frax Finance одобрило предложение по инвестированию $250 млн в пулы Ethena Labs. Excited to share the approval of FRAX`s singularity roadmap proposal, which includes an allocation towards a USDeFRAX POL via the Curve AMO with a $250m USDe ceiling pic.twitter.com/eM9T4Cjm22 В рамках инициативы Frax уже запустил несколько пулов «синтетического стейблкоина» USDe через автоматический маркетмейкер Curve AMO. Ранее команда Ethena Labs включила биткоин в залоговое обеспечение своего USDe. Некоторые эксперты назвали этот шаг риском для первой криптовалюты и сравнили проект с рухнувшей Terra.

Following a successful cryptocurrency ICO, Rebel Satoshi’s $RBLZ is performing well and is expected to provide large profits for investors. At the same time, some top DeFi projects like XRP and Filecoin have not seen much bullish price movement amid a broader downturn in the cryptocurrency market. Let’s examine the factors that position $RBLZ as a superior investment opportunity to top crypto coins, such as FIlecoin’s FIL and Ripple’s XRP. RippleX, the development arm of Ripple, announced on March 23 that a technical issue was affecting the automated market maker (AMM) pools on the XRP Ledger. This problem was impacting transactions and pools, prompting the management to notify users about potential issues with fund deposits. Following this announcement, the value of XRP has experienced a marginal surge. On March 23, XRP was trading at $0.618, but one week later, its price had risen to $0.631, representing a 2.10% increase. Due to this price movement, Ripple experts are optimistic about XRP’s future, predicting that its price will reach $0.88 by the end of April. This positive outlook is attributed to the increasing adoption and utility of XRP. However, some Ripple analysts remain skeptical about XRP’s prospects in the coming weeks. These analysts are dissatisfied with XRP’s recent market performance and expect the price to plummet to $0.50 by the end of April. They cite the recent wider crypto market downturn as the primary reason for their bearish prediction. On March 13, InvestorsObserver rated Filecoin as a low-risk investment. The rating is based on a proprietary scoring algorithm that calculates the amount of money needed to shift the price over the previous 24 hours. The algorithm examines recent changes in volume and market capitalization to determine how much a coin’s price can be affected by limited trading activity. Since receiving the low-risk rating, Filecoin has witnessed an 18.20% decline in its price. On March 13, when the rating was issued, FIL was trading at $10.64. However, a few weeks later, FIL’s price had dipped to $8.43. This price decline has affected investors’ confidence in investing in Filecoin, triggering unfavorable predictions that suggest FIL’s price could fall to $7.99 by May. Conversely, other analysts following Filecoin have maintained an optimistic position and have predicted an increase in the value of FIL within the next few weeks. These bullish predictions are fueled by the rapidly increasing utility of FIL, leading to projections that the price of FIL will rise to $11.65 by April. A new contender in the meme coin space has emerged, promising to shake up the status quo. Rebel Satoshi, with its native ERC-20 coin, $RBLZ, has taken center stage, with experts forecasting potential returns on investment as high as 100x, catching the attention of investors. The $RBLZ token is not just another token in the crowded market; it’s a symbol of defiance against the centralized financial systems that have long dictated terms. Rebel Satoshi’s mission is clear: to democratize wealth and empower the masses through decentralization. Rebel Satoshi is seizing the current wave of enthusiasm by introducing its second token, $RECQ, which has also garnered attention for its anticipated growth trajectory. In the Rebel Satoshi ecosystem, $RECQ functions as the everyday utility token, while the original $RBLZ token serves as Rebel Satoshi‘s governance token. Currently, $RECQ, Rebel Satoshi’s latest blockchain ICO, trades for $0.0037 in Stage 1 of its presale and is billed to surge by 237.84% in the coming weeks. Simultaneously, following the conclusion of its presale phase, $RBLZ has made its debut on prominent platforms, such as the Uniswap and the Coinbase CEX. Furthermore, $RBLZ has secured listings on Coingecko and Dextools, enhancing its visibility and accessibility to the broader market. For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram

"MetalCore" is now the first playable game on the blockchain. The game is in its second closed beta period, which limits the number of players, between April 9 and April 22, according to an official release. "MetalCore" is expected to launch its open beta by the end of 2024. It will be available on PC on the Epic Games Store, seller of other popular games such as Fortnite. "During our first closed beta period, we saw first-hand how interested people are in our game, evidenced by our top player completing over 800 missions with a total of over 13,000 kills," said Studio 369 CEO Matt Candler in a release. "Now, we’re bringing even more fresh players into the MetalCore universe as more than 40% of our Day-1 users were completely new to the game.” "MetalCore" is free-to-play and set in a future where warring factions fight for resources in outer space. Users choose which faction to join, playing against other players or the environment. Though players can opt to forgo web3 elements, the cryptocurrency MCG powers "MetalCore." Players can earn MCG and convert the coin into NFTs. The game has another in-game currency called "Marks" earned through in-game contracts, social quests and participating in the game's guild system.