What is Ether?

Ethernet is a public blockchain platform using blockchain technology. Ethernet has EVMs to run smart contracts. (A smart contract is a program developed with Solidity) Ether has its own tokens as well. PS1:Ether is a public blockchain network with a broad vision. The designers of Ether realized that if you build a public blockchain network,…

10x Research: Bitcoin’s Rise to $87,000 May Be Driven by a Combination of Falling Dollar Index and Rising Gold

On April 21, Markus Thielen, Head of Research at 10x Research, said, “Bitcoin’s rise to $87,000 appears to have been driven by a combination of a sharp decline in the U.S. Dollar Index (down 0.7% against the euro) and a 2% rise in gold, both of which were triggered by news of Donald Trump’s push…

Trader Eugene: Long ETH for the First Time Since January, Market Has a Lot of Inertial Ether Shorts

On April 20, top trader Eugene Ng Ah Sio posted on his personal channel that he was “long ETH for the first time since the beginning of January, and from a technical analysis point of view, ETH has been showing a solid and slow uptrend since the beginning of April, with a clearer trend. It…

MELANIA programmers sold another 7.643 million MELANIA in the past 3 days

On April 19th, according to on-chain data analysts, another 2.95 million MELANIA were sold for 9,009 SOLs ($1.2 million) seven hours ago by the project in the form of unilateral liquidity additions. Over the past three days, the MELANIA programmers have continued to transfer 7.643 million MELANIA (~$3.21 million) from liquidity to community addresses, and…

Blockchain data how to write to the chain

First of all, the user first initiates a transaction, at which time the data will not be immediately written to the blockchain, to first go through a consensus algorithm mechanism, through which the consensus algorithm is successfully verified, the data will be on the chain. Then it is broadcasted to other nodes on the chain….

Synthetix stablecoin sUSD de-anchoring intensifies to $0.7, down 13.9% in 24 hours

On April 18th, the Synthetix USD stablecoin sUSD became more unanchored, dropping 13.9% in 24 hours to $0.7038, with its market capitalization dropping to $22.96 million, according to ticker information. Previously, Synthetix founder Kain said that the sUSD anchoring fix was in transition, and that he had sold 90% of his ETH and added to…

What is blockchain and how it basically works

Blockchain is a distributed ledger database technology. It is mainly composed of blocks and chains. The block contains specific transaction data information, and the content of each block will generate a unique hash according to sha256, and the header of each block contains the hash of the previous block. The chain is responsible for linking…

Lybra Finance: 63,000 peUSD destroyed and corresponding number of eUSD unlocked

On April 17th, Lybra Finance, the LSD stablecoin protocol, posted that in order to solve the eUSD liquidity problem, it has destroyed 63,000 peUSDs and unlocked a corresponding number of eUSDs through a configuration contract. unlocked eUSDs are now being sold on CowSwap at a fixed price of $1. The difference in price will be…

QCP: Bitcoin Not in Safe-Haven Favor, Participants Remain Defensive Until Clearer Situation Emerges

On April 16, QCP published its Daily Market Watch stating that the US demonstrated its strength and strategic brinkmanship by implementing shock and awe tactics through exaggerated tariff numbers. However, just as markets were preparing for the shock, the US government offered tariff exemptions and ‘invited’ China back to the negotiating table. Why the sudden…