dYdX has officially announced that dYdX Chain will enter the full trading and production phase from the Beta stage through community voting on November 28, 2023. Currently, trading and reward distribution on the dYdX Chain have been launched, and ETH, BTC, SOL, and LINK can all be traded on the dydx.trade market. The dYdX Launch incentive program operated by Chaos Labs will be implemented in the next six months along with trading rewards.
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As the price of ETH rebounds, official data from Lido shows that its platform's total staking value has exceeded $20 billion, reaching $20,218,886,533 at the time of writing. The total staking value of Ethereum accounts for the largest proportion, currently exceeding $20 billion, reaching $20,046,713,374, followed by Polygon, with a staking value of $114,107,033. In addition, Lido platform has paid rewards worth $1,027,061,927, with 324,517 stakers. Historical data shows that the total staking value of Lido platform tokens exceeded $10 billion in mid-March this year, meaning that this indicator has doubled in less than nine months.
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AzukiDAO has announced a name change to Bean and has dropped the lawsuit against Azuki founder Zagabond over the $39 million minting incident. Azuki developers stated that the DAO will be renamed to the memecoin project and become part of the Ethereum Layer 2 Blast ecosystem. The developers also claimed that Bean has received $10 million in funding from well-known investors for its development and acceleration in the Blast ecosystem. Specific investors were not disclosed.
Bean stated that the proposed total supply of Bean memecoin is 1 billion tokens. 40% of the tokens will be allocated to its treasury, 50% will be allocated to Azuki DAO members, and 10% will be allocated to Azuki NFT creator Zagabond. Minting will only be available to Azuki NFT holders, who must mint within 24 hours of token issuance or face token destruction.
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Intersect, a member organization of the Cardano ecosystem, announced plans to migrate the Cardano core codebase to its management department. The team stated: "Intersect will support those who maintain the Intersect member Repos." On December 16th, management of all 26 Cardano code repositories will be transferred to Intersect and its members, further supporting and enhancing its distributed development, and enabling the community to drive the future direction of blockchain. This migration constitutes an important part of the "Voltaire" era that Cardano is currently undergoing.
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Ethereum ($ETH ), the second-largest cryptocurrency by market capitalization, has recently shown a small uptick, reflecting a near 1% gain and trading around the $2,031 mark. Despite this modest rise, ETH has not made significant moves beyond the $2,022 support level and reversed in the end, indicating a potential false breakout. Technical analysis suggests that while there is a possibility for a bounce to the $2,050 zone, ETH might continue to experience sideways trading within the $2,000-$2,100 range for the current week.The reasons behind Ethereum's lack of a breakout at the current level are multifaceted. One possible explanation could be ongoing consolidation after the surge that typically follows a significant upgrade or development within the network. Ethereum's transition to Ethereum 2.0 and its shift to proof-of-stake (PoS) consensus might have been priced in, leading to a plateau in price movement as the market adjusts to these fundamental changes.#ETH #etf #IluPredictor #EthereumHigh #Dump_Pump

In a significant development for the cryptocurrency market, Ethereum (ETH) has triumphantly surpassed the $2,000 mark, triggering a surge in market volatility. The breakthrough has not only captured the attention of traders and investors but has also sparked intense fluctuations, evident in the larger candlestick sizes and heightened trading volume.As Ethereum, the second-largest cryptocurrency by market capitalization, achieved this milestone, the market witnessed a palpable tug-of-war for control between buyers and sellers. The increased volatility, reflected in the amplified candlestick sizes on trading charts, indicates a fierce battle for dominance in the wake of Ethereum's upward momentum.The climb past $2,000 is a noteworthy achievement for Ethereum, which has been on an upward trajectory in recent months. The cryptocurrency's rally is fueled by a combination of factors, including increased institutional interest, growing adoption of decentralized finance (DeFi) applications, and anticipation surrounding Ethereum's upcoming network upgrades, particularly Ethereum 2.0.Market observers note that the surge in trading volume accompanying the price movement indicates a heightened level of participation and engagement from market participants. This influx of activity suggests that both bulls and bears are actively positioning themselves, contributing to the intensified battle for control over Ethereum's price direction.Ethereum's ascent comes at a time when the broader cryptocurrency market is experiencing renewed interest and positive sentiment. Bitcoin, the leading cryptocurrency, has also demonstrated resilience with its own price movements, further reinforcing the positive mood within the crypto space.While the surge past $2,000 is undoubtedly a cause for celebration among Ethereum enthusiasts, it also raises questions about the sustainability of the current momentum. Traders and analysts will be closely monitoring key support and resistance levels to gauge the strength of Ethereum's upward trend and to assess whether the cryptocurrency can maintain its newfound position.The increased volatility, though presenting opportunities for traders, also highlights the inherent risks associated with cryptocurrency investments. As the market responds to various catalysts, including macroeconomic factors and technological developments, Ethereum's journey beyond $2,000 serves as a microcosm of the dynamic nature of the cryptocurrency landscape.In conclusion, Ethereum's successful breach of the $2,000 mark has injected a fresh wave of excitement and activity into the cryptocurrency market. The heightened volatility, illustrated by larger candlestick sizes and increased trading volume, signifies a battleground where market forces vie for control. As Ethereum continues its ascent, the crypto community eagerly awaits further developments that will shape the trajectory of this leading blockchain platform.$ETH ~ #EthereumHigh #Blast

Axie Infinity announced a partnership with Grab, a multi-functional online service platform in Southeast Asia, to provide additional benefits to Filipino users: accessing the Merch Store through the Grab app will earn Grab points and receive discount codes that can be used to purchase specific items in the Merch Store.
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According to BTC.com data, yesterday's total network transaction fee for Bitcoin reached 560.3 BTC, an increase of over 33% compared to the single-day total network transaction fee of 421.2 BTC on December 15th.
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