Fantom [FTM] surges to $0.46, but heres why the rally could halt

Fantom [FTM] rallied strongly from a zone of support the bulls established around the $0.4 mark. In the past 36 hours, the price rallied by almost 18% from the swing low at $0.4096 to the swing high at $0.467.  Lea la predicción de precios [FTM] de Fantom para 2023-24  In other news, Fantom announced its intent to modify the requirements for validator staking on 25 March. The new proposal had significant modifications that would have noticeable consequences in the processes and requirements for validators.  The resistance from the volume profile could halt the bullish advance  Fuente: FTM / USDT en TradingView  In orange, a trendline resistance was plotted. This captured the short-term downtrend that FTM had been on. On the higher timeframe charts, this was a pullback after the rally from $0.31 to $0.52 earlier this month.  Alongside the trendline resistance, the Visible Range Volume Profile showed that the Point of Control (red) also sat at $0.46. This was a confluence of resistances that could see the rally shift into a consolidation phase over the next few days.  FTM traders can expect some lower timeframe ranging price action in the coming hours. Thereafter, whether a breakout upward or rejection at $0.46 followed remained to be seen. The

2023-03-30Industria

Fetterman Returning To Senate In April After Weeks-Long Depression Bout

Economía  Fetterman regresa al Senado en abril después de una depresión de varias semanas  Hace 15 minutos  Noticias de Bitcoin Ethereum  Línea superior  Sen. John Fetterman (D-Pa.) plans to return to the Senate the week of April 17 following a hospitalization for “severe” depression, according to multiple reports, in welcome news for Democrats who have been hampered by absences in recent weeks.  Hechos clave  Fetterman has been hospitalized at Walter Reed National Military Medical Center since February 15, after his office said his depression significantly worsened.  It remains unclear when Fetterman will leave the hospital, though aides have indicated he is making progress.  Fetterman spokesman Joe Calvello said late last month the senator was “on path to recovery” and gave an update last week saying Fetterman should return “soon.”  Fondo clave  Fetterman has long suffered from depression, but the latest episode came after a series of health scares. He was largely absent from the campaign trail for large portions of the 2022 Pennsylvania Senate race after suffering a stroke days before his primary win, and was briefly admitted to a D.C. hospital in early February after experiencing lightheadedness. Fetterman kept a low profile during his first few weeks as a senator, in part because residual symptoms from his stroke have made

2023-03-30Industria

Binances reputation at risk as CFTC allegations raise concerns

Tecnología  La reputación de Binance en riesgo ya que las acusaciones de la CFTC generan preocupaciones  Hace 10 minutos  Noticias de Bitcoin Ethereum  The U.S. Commodity Futures Trading Commission (CFTC) has sued Binance, the worlds largest cryptocurrency exchange, and its CEO, Changpeng Zhao (CZ), for allegedly violating federal law by allowing Americans to trade crypto derivatives on its platform.  The CFTC has been investigating Binance since 2021 on allegations that the exchange allowed U.S. residents to use its platform to buy and sell crypto derivatives, which require registration with the CFTC under current laws. The lawsuit alleges that Binance solicited U.S. users for millions in revenue, violating federal law. CFTC has also sued Binance for operating without being registered with the agency and without proper know-your-customer procedures.  The lawsuit also claims that Binance traded against its customers, taking advantage of inside information and manipulating markets to increase profits. Additionally, Binance‘s former chief compliance officer, Samuel Lim, was charged with aiding and abetting the company’s violations. This is a severe breach of trust if this is true. The accusation of Binance trading against its users is particularly troubling. If true, this would be a betrayal of trust and a violation of the principles of fair trading.  Impact on

2023-03-30Industria

Kraken Becomes Official Sponsor of F1 Team Williams Racing

Tecnología  Kraken se convierte en patrocinador oficial del equipo Williams Racing de F1  Hace 6 minutos  Noticias de Bitcoin Ethereum  Starting this weekend, the Kraken logo will be exposed to millions of users thanks to the exchanges partnership with the famous Formula 1 racing team, Williams Racing.  On March 28th, Kraken, one of the largest cryptocurrency exchanges worldwide, announced the signing of a sponsorship agreement with Williams Racing, considered one of the four top Formula 1 teams, alongside Ferrari, McLaren, and Mercedes.  According to Kraken‘s statement, this is the exchange’s first partnership within the world of Formula 1. However, they are already preparing to increase their global presence in these events starting next year.  Kraken Goes To The F1  As a result of the partnership, the Kraken logo will be seen by millions of users during the rest of the 2023 FIA Formula One World Championship season on the halo and rear wing of the Williams Racing FW45 race car, driven by famous drivers Alex Albon and Logan Sargeant, who will also wear the logo on their clothing.  Furthermore, both brands will collaborate on the design of limited edition caps with the Kraken logo to be worn at specific Grands Prix.  James Bower, Commercial Director of Williams Racing, said they

2023-03-30Industria

Layer 2 Solutions for a Scalable Crypto Future

Crypto  Soluciones de capa 2 para un futuro criptográfico escalable  Hace 15 minutos  Noticias de Bitcoin Ethereum  Blockchain technology has come a long way since the launch of Bitcoin over a decade ago. However, its inherent scalability issues still pose a challenge for mainstream adoption. As the number of users and transactions on blockchain networks grows, the need for a scalable Layer 2 solution becomes increasingly urgent.  As blockchain technology continues to gain traction across industries, the need for a scalable solution grows ever more apparent. While traditional blockchain networks offer significant benefits, such as decentralization and security, their scalability limits have made it challenging for blockchain to be adopted as a mainstream payment method.  As a result, the industry has been exploring new approaches to increase transaction throughput and lower fees, and Layer 2 (L2) innovations have emerged as a promising avenue for achieving these goals.  The Scalability Challenge  One of the challenges that blockchain technology faces is scalability. Traditional blockchain networks, such as Bitcoin and Ethereum, operate on a single-layer architecture that can process only a limited number of transactions per second. This limit results in slower transaction times and higher fees during peak usage periods. Hence it is difficult for blockchain to be adopted as

2023-03-30Industria

Penn State Hiring VCU Coach Mike Rhoades

Economía  Penn State contrata al entrenador de VCU Mike Rhoades  Hace 14 minutos  Noticias de Bitcoin Ethereum  NEW YORK, NEW YORK – MARCH 12: Head coach Mike Rhoades of the Virginia Commonwealth Rams celebrates  Penn State is hiring VCU coach Mike Rhoades as its new mens basketball coach, a person with direct knowledge said.  “It‘s a done deal,” said the person, who spoke on the condition of anonymity because he’s not authorized to speak for the school or Rhoades.  Rhoades, 50, replaces Micah Shrewsberry, who left Penn State March 22 to succeed Mike Brey at Notre Dame. Shrewsberry led the Nittany Lions to the Big Ten Tournament championship game and the NCAA Tournament, where they lost to Texas in the second round.  Rhoades is a Mahanoy City, Pa. native who attended Lebanon Valley College (PA).  He went 129-61 in five seasons at VCU, with three NCAA Tournament appearances. This year‘s VCU team won the Atlantic 10 Tournament and lost in the first round of the NCAA Tournament to Saint Mary’s. They finished 27-8, 15-3 in the A-10.  For his career, he is 373-189 including stints at Rice and Division 3 Randolph Macon.  Meantime, VCU is targeting Utah States Ryan Odom to replace Rhoades, as first reportaron por Jon Rothstein de CBS

2023-03-30Industria

Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations – Regulation Bitcoin News

Bitcoin  El Comité Bancario del Senado celebra una audiencia sobre los recientes colapsos bancarios y pide regulaciones más estrictas Bitcoin News  Hace 10 minutos  Noticias de Bitcoin Ethereum  On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the testimonies, digital assets and crypto businesses were mentioned. Senate Banking Committee chairman Sherrod Brown claimed on Tuesday that Signature Bank “found itself in the middle of Sam Bankman-Frieds crime spree at the crypto exchange FTX.”  Regulators Highlight Bank Exposure to Crypto Asset Businesses in Senate Banking Committee Hearing About Bank Failures  Following the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, the Senate Banking Committee held a hearing to discuss the situation and its implications. The hearing witnesses included Martin Gruenberg, chairman of the Federal Deposit Insurance Corporation (FDIC); Michael Barr, vice chairman for supervision with the Board of Governors of the Federal Reserve; and Nellie Liang, the Treasurys domestic finance undersecretary, in addition to committee chairman Sherrod Brown and ranking member Tim Scott.  “Right now, none of the executives who ran these banks into the ground are barred

2023-03-30Industria

XRP Profit Taking At Highest Since Aug. 2021 As Price Up 17%

Tecnología  La obtención de ganancias de XRP es la más alta desde agosto de 2021 a medida que el precio aumenta un 17%  Hace 8 minutos  Noticias de Bitcoin Ethereum  On-chain data shows XRP profit taking has surged to its highest level since August 2021 as the price has climbed another 17% in the last 24 hours.  XRP Profit-Taking Volume Is Currently More Than Two Times The Loss-Taking Volume  Según datos de la firma de análisis on-chain Santiment, a large amount of profit taking is currently taking place from XRP investors. The relevant indicator here is the “ratio of transaction volume in profit to loss,” which tells us about how the current daily profit-taking volume of the asset is compared against the loss-taking one.  The indicator separates profit-taking volume from the loss-taking one by going through the on-chain history of each coin being sold to see what price it was last moved at.  If this previous value for any coin was less than the price it is now being sold at, then the coins sale is contributing towards the profit-taking volume. Similarly, for the opposite case, the volume would be considered the loss-taking one.  When the value of this indicator is greater than zero, it means there are more

2023-03-30Industria

How To Use Breakdowns In The O’Neil Methodology

Economía  Cómo usar desgloses en la metodología ONeil  Hace 7 minutos  Noticias de Bitcoin Ethereum  At ONeil Global Advisors, in addition to fundamental research on companies, a substantial part of our process of analyzing ideas is looking at those breaking into new highs, and conversely, breaking down below key support levels.  In terms of breakouts, we have talked about the need for the count to rise substantially to gain confidence in a sustained stock market uptrend (see article from February 2023). Since August 2022, there have been several short-term surges in the breakout totals. Still, a bigger surge has been present in past cycles to mark the “all clear” signal for the market. For instance, in July 2016, about five months after recent market lows, the weekly total jumped to over 300 breakouts and then followed through consistently throughout 2017. In June 2019, about six months after the market lows, the total jumped to over 300, and led to a very strong market for the next 6-8 months. In August 2020, five months after the lows, the total jumped to 260 and led to another 15+ months of upside in the market.  William ONeil + Co.  As seen above, most recently, in February 2023, the breakout totals

2023-03-30Industria

Tezos Activates ‘Mumbai’ Upgrade Enabling More Than a Million Transactions Per Second

Tecnología  Tezos activa la actualización Mumbai que permite más de un millón de transacciones por segundo  Hace 5 minutos  Noticias de Bitcoin Ethereum  Following Tezos latest upgrade, Mumbai, anyone can deploy Smart Rollups, a novel scaling solution.  Smart Rollups enable the Tezos blockchain to scale beyond one million transactions per second without compromising on decentralization.  Additionally, developers can now build on Tezos with general purpose programming languages such as Rust, C, and C++.  BERN, Switzerland–(BUSINESS WIRE)–Tezos, a pioneering blockchain for Proof-of-Stake consensus and on-chain governance, has activated Mumbai, its thirteenth core protocol upgrade. The Mumbai upgrade introduces Smart Rollups, a new Layer 2 scaling solution built directly into the protocol, which puts Tezos at the forefront of optimistic rollup technology.  Smart Rollups enable decentralized applications (dApps) to benefit from their own dedicated hardware resources in order to process a high amount of transactions, while the integrity and security of the Smart Rollup is guaranteed by the Tezos main chain, or Layer 1.  Due to this approach, the Tezos ecosystem will be able to surpass the milestone of one million transactions per second in 2023 without sacrificing decentralization.  Secure, flexible, developer friendly  Smart Rollups come with state-of-the-art technical features, namely:  Fully decentralized and open interactive fraud proofs guarantee rollup security and integrity, provided

2023-03-30Industria
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