Die Krypto-Experten gehen von weiteren Zugewinnen aus, doch eine wahre Trendwende lässt sich noch nicht erkennen.
Sushi community votes Jared Grey as new ‘Head Chef’
- Sushiswap has a new CEO after the community voted for Jared Grey as ‘Head Chef’.
Decentralised crypto exchange Sushiswap has announced a new Chief Executive Officer (CEO), whose election was ratified via a community vote.
Sushi confirmed on Monday that Jared Grey was now the new “Head Chef,” the DEX platform’s title for the CEO.
Sushi’s ‘Head Chef’
The election of a new chief executive comes after several months of uncertainty as the protocol looked to navigate a rough patch in its governance.
“I’m honored and excited to accept the Head Chef role at SushiSwap,” Grey tweeted. “The trust the community and team have placed in me to help shape the next stage of the Sushi protocol gives me pause and reflection on what Sushi stands for, a community project for everyone,” he said.
Grey is a former CEO of digital assets platform Bitfineon and decentralised finance (DeFi) protocol EONS Finance.
He becomes Sushi’s new chief executive after garnering more than 83%, or over 11 million votes, according to a snapshot of the single choice voting that started on 26 September 2022 and ended Monday, 3 October 2022.
He explained what he brings to the role of ‘head chef’:
“This is an opportunity to leverage my two decades of engineering and consulting experience to help the team succeed in delivering innovative DeFi solutions, and returning Sushi to its rightful status among its peers.”
Sushi launched in September 2020, announced by anonymous developer Chef Nomi and aimed at rivaling leading DEX protocol Uniswap.
The post Sushi community votes Jared Grey as new ‘Head Chef’ appeared first on CoinJournal.
Gute „Kaufgelegenheit“ für Bitcoin – Buchautor sieht starken US-Dollar als Segen
Der Unternehmer geht davon aus, dass der US-Dollar bis Januar wieder crashen wird, was Absicherungsmittel wie Bitcoin zurück nach oben treiben könnte.
Should you buy Ethereum in October 2022
Ethereum price has been in a consolidation phase in the past few days as the excitement about the recent Merge event faded. ETH was trading at $1,316 on Monday, which was much lower than August’s high of over $2,000. It has crashed by more than 60% in 2022.
Ethereum is in consolidation
ETH price has been in a tight range as investors wait for the next catalyst. The coin remains close to its lowest level since July 17th of this year. Notably, this price action mirror’s that of Bitcoin, which has remained at $20,000 in the past few weeks.
Ethereum has also consolidated at a time when American shares have been in freefall recently. The four main indices – Dow Jones, S&P 500, Nasdaq 100, and Russell 2000 – all declined by more than 10% in September while the US dollar index surged to the highest level in more than two decades.
Historically, Ethereum tends to have an inverse relationship with the US dollar. It also often tracks the performance of American indices, which are often seen as risk assets.
Ethereum consolidated as investors focused on the most recent merge event. This was an event that transitioned the network from a proof-of-work (PoW) to a proof-of-stake (PoS) platform. As a result, it has become a more environmentally-friendly platform.
A key issue is on what the Securities Exchange Commission (SEC) will do. In his recent statements, Gary Gensler warned that Ethereum was transitioning into a security by letting people stake their coins for rewards. As such, it is unclear whether the agency will pursue the matter.
Meanwhile, Ethereum price remained under pressure as investors assess the deteriorating ecosystem. For example, recent data shows that NFT volume has crashed by 97% from its peak in January. Similarly, the volume of funds locked in Ethereum has crashed from over $150 billion to about $50 billion.
Ethereum price prediction
The daily chart shows that ETH/USD price has been in a consolidation phase and is trading at $1,317 where it has been in the past few days. It has dropped below the 25-day and 50-day moving averages while the Relative Strength Index (RSI) is hovering above the oversold level.
Ethereum seems like it has formed a bearish flag pattern. Therefore, the coin will likely have a bearish breakout in the next few days as sellers target the next key support level at $1,000. As such, you should wait for a new bullish trend to form before you buy.
How to buy Ethereum
eToro
eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.
Skilling
Skilling is a Scandinavian based cryptocurrency broker which has a desktop website as well as apps for iOS and Android devices. It supports over 50 cryptocurrencies and it has a demo account to allow users to gain familiarity with the platform. Skilling has no hidden fees, it is an officially regulated broker and it supports a wide range of payment methods.
The post Should you buy Ethereum in October 2022 appeared first on CoinJournal.
Kim Kardashian zahlt 1,26 Mio. US-Dollar Strafe wegen Werbung für Krypto-Projekt
Weil die Prominente unrechtmäßig für das Krypto-Projekt EthereumMax geworben hat, ohne dies offenzulegen, muss Kim Kardashian nun eine Strafe in Millionenhöhe begleichen.