Crypto Morning News - May 10th, 2021

blockchain-world (64)in #morningnews • 3 years ago

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ETH breaks $4,100 and continues to hit a record high

ETH rose above $4100 and is now reported at $4,118.46, continuing to hit a record high.

Data: The total WETH/SHIB transaction volume on Uniswap v3 reached $243.2 billion, ranking third

According to Cointelegraph, since the launch of Uniswap v3, the WETH/SHIB pair has ranked the highest in terms of total cost generation ($2.4 million) and transaction volume (nearly 57,000), surpassing the second-ranked WETH/USDT ($750,000, generating nearly 8500 transactions). Currently, WETH/SHIB ranks third in the total transaction volume of Uniswap v3, at $243.2 billion, second only to WETH/USDT’s $299 billion and WETH/USDC’s $256.7 billion.

The average computing power of ETH and BTC hit a record high yesterday

According to OKlink data, the average ETH computing power reached 576.46 TH/s, a record high again on May 9th, . The average computing power of BTC rose to 180.55 EH/s, hitting a record high again.

CryptoQuant CEO: The ETH rise is driven by US institutional investors

CryptoQuant CEO Ki Young Ju just tweeted that behind this parabolic ETH movement (rising) are US (institutional) investors.

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Bridge Oracle has released TokenBridge which connects TRON and BSC testnet

The public oracle system Bridge Oracle on the TRON network tweeted that TokenBridge, which connects the TRON Nile test network and the Binance Smart Chain (BSC) test network, has been released. Users can send BRG test tokens from the Nile test network to the BSC test network.

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The height of the TRON block exceeds 30 million

On May 10th, 2021, according to the latest data from the TRONSCAN TRON blockchain browser (https://tronscan.io), the height of the TRON block reached 30,056,837, which exceeded 30 million. The data of TRON has been advancing steadily. As the ecology of TRON is gradually becoming stronger, it will also usher in more transaction volume.

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The stablecoin project Terra confirms that Amazon will adopt UST as the payment and settlement method

The stablecoin project Terra (LUNA) tweeted to confirm that Amazon will use TerraUSD (UST) as a method of payment and settlement.

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DOT will release 4.765 million DOTs this week, and a total of 1.712 million pledged last week

According to Subscan data, this week (May 10th-May 16th) Polkadot released a total of 4,765,900 DOTs. The peak of the released pledge was on May 10th, and a total of 1,520,700 DOTs were released. Last week (May 3rd- May 9th) DOT pledged a total of 1.712 million last week, and the current DOT pledge rate of Polkadot is 65.2%. According to the currency world market, the current average price of DOT is $41.45, an increase of 3.12%.

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SpaceX launching satellite Doge-1 to the moon next year

The American space exploration technology company SpaceX will accept Dogecoin as the only payment method for launching the moon satellite DOGE-1 provided by Geometric Energy. DOGE-1 is a cube satellite that uses its onboard cameras and sensors to capture "lunar space intelligence". It will be launched in the first quarter of 2022 on board the "Falcon 9" carrier rocket. As previously reported, in April of this year, Elon Musk tweeted that SpaceX would put Dogecoin on the moon.

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Traffic on cryptocurrency trading websites reached 530 million people in April

SimilarWeb data shows that the world's top cryptocurrency exchanges attracted 530 million visitors in April. Data show that 531.3 million is the second highest monthly data, slightly lower than 531.7 million in January 2018. From the perspective of market share, Binance's monthly traffic share increased to 40.84%, and Coinbase's monthly traffic share was 17.65%.