Coin circle news focus:
Ethereum price on track to hit $8,000 by 2026, Standard Chartered analysts predict
Real estate stablecoin USDR plummeted after being exposed that reserves disappeared
Coinbase will list Big Time’s native token, BIGTIME currency soars 88%
The currency circle boss said this:
ZERO IKA: "Based on the cycle, now is a good time to buy slowly!"
Critical hit chance this week:
🚀《Investing in Blockchain from Scratch》|〈Binance〉x〈Chain Apprentice〉Collaboration Lecture
Prices of Bitcoin and other cryptocurrencies | CoinGecko Top 100 Cryptocurrencies (2023.10.11 AM 08:00 ~ 2023.10.12 AM 08:00
Coin News Focus
Ethereum price on track to hit $8,000 by 2026, Standard Chartered analysts predict
A recent report from Standard Chartered Bank pointed out that as the Ethereum ecosystem has become the infrastructure for popular application areas such as blockchain games and traditional asset tokenization, it is expected that the price of the native token Ethereum (ETH) may rise due to rising demand in the next three years. A fivefold increase. Geoff Kendrick, director of digital asset research, predicts that the price of ether has the potential to reach $8,000 by the end of 2026.
Kendrick said that although Ethereum is currently mainly used in NFT and decentralized finance DeFi, its further development in blockchain games and asset tokenization (RWA) should bring significant growth in user demand. In the short term, the mainstream narrative of Bitcoin halving in April next year will help push up the prices of all cryptocurrencies. Therefore, Ethereum is expected to reach US$4,000 by the end of next year, and its valuation in the long term can reach 26,000. to $35,000.
Real estate stablecoin USDR plummeted after being exposed that reserves disappeared
Real USD (USDR), the stablecoin issued by Polygon, the Ethereum expansion plan, claims to be backed by real estate-related assets. However, according to the blockchain data released by Tangible DAO, some of the reserve assets in the USDR vault are currently DAI stablecoins. The insurance fund was reset to zero for unknown reasons, leaving only about US$6.2 million in insurance funds, which is far from the 45 million USDR currently in circulation.
USDR plunged as much as 48% to $0.52, with current 24-hour trading volume at less than $300,000.
Coinbase will list Big Time’s native token, BIGTIME currency soars 88%
Coinbase, the largest cryptocurrency exchange in the United States, recently announced that it will experimentally list BIGTIME, the native token of the blockchain game Big Time. The current price of BIGTIME currency is reported at US$0.11, up 88% in the past 24 hours. Big Time is a PC-side multiplayer action role-playing game (MMORPG). The game combines a real-time combat system with an open game economy, allowing players to earn potential profits in the process of collecting treasures and trading in the game.
Other currency news
The well-known currency price platform CoinMarketCap has launched a free plug-in dedicated to ChatGPT, which can search CMC real-time information through AI.
Coin circle news focus:
Ethereum price on track to hit $8,000 by 2026, Standard Chartered analysts predict
Real estate stablecoin USDR plummeted after being exposed that reserves disappeared
Coinbase will list Big Time’s native token, BIGTIME currency soars 88%
The currency circle boss said this:
ZERO IKA: "Based on the cycle, now is a good time to buy slowly!"
Critical hit chance this week:
🚀《Investing in Blockchain from Scratch》|〈Binance〉x〈Chain Apprentice〉Collaboration Lecture
Prices of Bitcoin and other cryptocurrencies | CoinGecko Top 100 Cryptocurrencies (2023.10.11 AM 08:00 ~ 2023.10.12 AM 08:00
Coin News Focus
Ethereum price on track to hit $8,000 by 2026, Standard Chartered analysts predict
A recent report from Standard Chartered Bank pointed out that as the Ethereum ecosystem has become the infrastructure for popular application areas such as blockchain games and traditional asset tokenization, it is expected that the price of the native token Ethereum (ETH) may rise due to rising demand in the next three years. A fivefold increase. Geoff Kendrick, director of digital asset research, predicts that the price of ether has the potential to reach $8,000 by the end of 2026.
Kendrick said that although Ethereum is currently mainly used in NFT and decentralized finance DeFi, its further development in blockchain games and asset tokenization (RWA) should bring significant growth in user demand. In the short term, the mainstream narrative of Bitcoin halving in April next year will help push up the prices of all cryptocurrencies. Therefore, Ethereum is expected to reach US$4,000 by the end of next year, and its valuation in the long term can reach 26,000. to $35,000.
Real estate stablecoin USDR plummeted after being exposed that reserves disappeared
Real USD (USDR), the stablecoin issued by Polygon, the Ethereum expansion plan, claims to be backed by real estate-related assets. However, according to the blockchain data released by Tangible DAO, some of the reserve assets in the USDR vault are currently DAI stablecoins. The insurance fund was reset to zero for unknown reasons, leaving only about US$6.2 million in insurance funds, which is far from the 45 million USDR currently in circulation.
USDR plunged as much as 48% to $0.52, with current 24-hour trading volume at less than $300,000.
Coinbase will list Big Time’s native token, BIGTIME currency soars 88%
Coinbase, the largest cryptocurrency exchange in the United States, recently announced that it will experimentally list BIGTIME, the native token of the blockchain game Big Time. The current price of BIGTIME currency is reported at US$0.11, up 88% in the past 24 hours. Big Time is a PC-side multiplayer action role-playing game (MMORPG). The game combines a real-time combat system with an open game economy, allowing players to earn potential profits in the process of collecting treasures and trading in the game.
Other currency news
The well-known currency price platform CoinMarketCap has launched a free plug-in dedicated to ChatGPT, which can search CMC real-time information through AI.
Full version of Lian Xi’s birthday report
Watch the boss’s views and critical attack opportunities this week
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