Balita sa Industriya ng Crypto at Market Trends

Discover How Block Surpassed Expectations With Bitcoin Revenue

Balita ng Ethereum ng Bitcoin　　After Block reported better-than-expected third-quarter earnings, the company saw its stock price rise over 20% to more than $52 after market close.　　The strong performance was largely attributed to a 37.5% annual growth in Bitcoin revenue through Blocks main product, Cash App.　　Excluding Bitcoin revenue, Cash App revenue increased 26% annually to $1.16 billion. The companys other payment platform, Square, reported revenue of $1.98 billion, marking an 8% annual increase.　　The fintech company led by former Twitter CEO Jack Dorsey, Block, has released its 3rd-quarter reports: The companys Bitcoin revenues are on the rise!　　Block Releases 3rd Quarter Reports　　Block, formerly known as Square, announced its 3rd-quarter earnings, which surpassed expectations and caused its stock price to increase by over 20% to more than $52 after the markets close.　　The company reported a net revenue of $5.62 billion, indicating a 24% increase compared to the same period last year. Additionally, the adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) was reported as $477 million, marking a 32% increase compared to the same period last year.　　The strong performance was largely attributed to a 37.5% annual growth in Bitcoin revenue through Block‘s main product, Cash App. This boosted Block’s revenue to $2.42 billion

2023-11-05Industriya

Ang pag-aampon ng Blockchain ay patuloy na walang tigil — analyst ng Bloomberg

Should the current rate of adoption continue, blockchain technology could have 100 million daily users by 2028, according to projections by Bloomberg Intelligence analyst Jamie Coutts.　　On X (formerly Twitter), Coutts pointed out that blockchain adoption has been “unabated” throughout bull and bear markets over the past years. “Not having exposure to one of the largest structural trends of the next decade could be costly,” said the analyst.　　Daily active addresses exceed 5 million in the third quarter of 2023, up 14% from 2022, according to Coutts, while quarter-on-quarter growth has averaged 29% since 2019. “If we apply a more moderate 20% QoQ growth rate then we could reach 100 million daily users by 2028.”　　Bear market/Bull market, adoption of #blockchain technology continues unabated. Not having exposure to one of the largest structural trends of the next decade could be costly.　　5 milyon araw-araw #crypto users today, is likely to be 100m in less than 5 years.　　— Jamie Coutts CMT (@Jamie1Coutts) Nobyembre 3, 2023　　Coutts compared blockchain rate adoption with PayPals rate growth. According to him, it took the fintech giant 13 years to reach 100 million daily users. “If Ethereum was day zero for smart contracts (2015) then it may take a similar time

2023-11-05Industriya

Abangan ang Napakalaking Token Unlock na ito sa Nobyembre

The market is getting ready for yet another month of token unlocks. Data suggest that there were substantial unlocks exceeding $10 million in November, featuring tokens such as SUI, IMX, HFT, APT, APE, AVAX, OP, and others.　　Nearly $400 million worth of assets will enter circulation following the unlock events.　　Token Unlock: November Edition　　According to the TokenUnlocks website, SUI is the first token to be unlocked this month on November 3rd. These newly unlocked tokens – 34.62 million SUI worth around $15.9 million – are earmarked for allocation to the Community Access Program.　　The next big unlock is for Aptos on November 12th – the layer 1 blockchain developed by former Meta executives – during which 24.8 million APT tokens will be released. The event is notable since core contributors, investors, the community, and the Aptos Foundation are all slated to receive portions of this release.　　ApeCoin (APE) is scheduled for 17th November during which 15.60 million APE tokens will be unlocked worth around $121.22 million in current price.　　Layer-1 blockchain, Avalanches native token, AVAX is also gearing up for a token unlock later on November 24th. 9.54 million AVAX tokens, valued at around $9112.50 million at current price, will be released.　　Optimism (OP) is the

2023-11-05Industriya

Ang Epekto ng Macroeconomic Forces sa Bitcoin na Umabot sa $35,000

Balita ng Ethereum ng Bitcoin　　QCP Capital has stated that the recent crypto rally is primarily influenced by macroeconomic factors, unlike previous increases that were associated with spot ETF developments.　　As the spot price of Bitcoin continues to rise, derivative indicators like perpetual funding rates, futures contracts, implied volatility, and risk reversals remain at high levels.　　Fidelity‘s Head of Macro, Jurrien Timmer, presents an interesting chart comparing Bitcoin’s volatility with other asset classes over the past three years.　　Bitcoin has reached a significant milestone by surpassing $35,000 in price, and the main driver of this increase might not be ETFs!　　Factors Other Than ETFs Driving Bitcoin!　　QCP Capital argues that the real driver behind Bitcoin breaking $35,000 last month is macroeconomic factors, contrary to the crypto communitys celebration and hopes for the approval of a spot Bitcoin ETF.　　QCP Capital suggests that this rally is mainly driven by macroeconomic factors, in contrast to previous rallies that were associated with spot ETF developments. This change was triggered by lower-than-expected Treasury supply estimates in the first quarter and low bond yields due to the dovish stance of the Federal Open Market Committee (FOMC), coupled with the simultaneous rise of risk assets.　　While this rally is significant, the potential to initiate

2023-11-05Industriya

Heres AI Cryptos Price Reaction

Elon Musks xAI startup is about to reveal its cutting-edge AI model, but AI-focused cryptocurrencies take unexpected turn, deviating from typical patterns　　Larawan ng pabalat sa pamamagitan ng www.youtube.com　　Disclaimer: Ang mga opinyon na ipinahayag ng aming mga manunulat ay kanilang sarili at hindi kumakatawan sa mga pananaw ng U.Today. Ang impormasyon sa pananalapi at merkado na ibinigay sa U.Today ay inilaan para sa mga layuning pang-impormasyon lamang. Ang U.Today ay hindi mananagot para sa anumang pagkalugi sa pananalapi na natamo habang nangangalakal ng mga cryptocurrencies. Magsagawa ng iyong sariling pananaliksik sa pamamagitan ng pakikipag-ugnayan sa mga eksperto sa pananalapi bago gumawa ng anumang mga desisyon sa pamumuhunan. Naniniwala kami na ang lahat ng nilalaman ay tumpak sa petsa ng paglalathala, ngunit maaaring hindi na available ang ilang partikular na alok na binanggit.　　Elon Musk‘s artificial intelligence start-up, xAI, is gearing up to launch its first AI model tomorrow, creating ripples of anticipation within the tech and crypto communities. Musk, who heads X , shared the news via social media, expressing confidence in the model’s capabilities, stating it is “the best that currently exists” in specific aspects.　　Earlier this year, Musk vowed to introduce an AI model dedicated to seeing the maximum truth, challenging

2023-11-05Industriya

Yuga Labs, Magic Eden unveil Ethereum NFT marketplace

Yuga Labs, the creators of Bored Ape Yacht Club and Magic Eden, are collaborating to launch an Ethereum NFT marketplace that will ensure creators receive their right royalties.　　In a statement shared on their X platform, Magic Eden expressed enthusiasm for collaborating with Yuga Labs and their joint efforts in building an ETH marketplace. They emphasized the importance of supporting creators, as they believe that without them, web3 cannot thrive.　　This partnership aims to prioritize the rights of creators by ensuring they receive their exact royalties from NFT sales. Together, they aim to strengthen the digital collectibles ecosystem by fostering creativity and innovation.　　Via this collaboration, there will be an obligation where Magic Eden will be responsible for sharing a portion of secondary market sales proceeds from their NFT collections with Yuga Labs.　　We‘re thrilled to announce that we’re partnering with @yugalabs to launch a new ETH marketplace by the end of the year.　　This will be the first major ETH marketplace to honor creator royalties for all ETH NFT collections.　　Without creators web3 can‘t exist. Here’s to supporting… 　　— Magic Eden ???? (@MagicEden) Nobyembre 4, 2023　　Yuga Labs stance on OpenSea and royalty enforcement　　Yuga Labs has recently taken a posisyon regarding OpenSea and royalty enforcement. They

2023-11-05Ethereum

Ang mga Bayarin sa Ethereum (ETH) ay Tumaas ng 30%, Babalik Ba ang Network?

Network activity on Ethereum surging, pushing fees back to high values　　Larawan ng pabalat sa pamamagitan ng www.freepik.com　　Disclaimer: Ang mga opinyon na ipinahayag ng aming mga manunulat ay kanilang sarili at hindi kumakatawan sa mga pananaw ng U.Today. Ang impormasyon sa pananalapi at merkado na ibinigay sa U.Today ay inilaan para sa mga layuning pang-impormasyon lamang. Ang U.Today ay hindi mananagot para sa anumang pagkalugi sa pananalapi na natamo habang nangangalakal ng mga cryptocurrencies. Magsagawa ng iyong sariling pananaliksik sa pamamagitan ng pakikipag-ugnayan sa mga eksperto sa pananalapi bago gumawa ng anumang mga desisyon sa pamumuhunan. Naniniwala kami na ang lahat ng nilalaman ay tumpak sa petsa ng paglalathala, ngunit maaaring hindi na available ang ilang partikular na alok na binanggit.　　Ethereum, the blockchain giant that stands as a formidable rival to recently emerged Solana, has seen its transaction fees soar by an impressive 30%. This sudden increase has left many wondering: Is the Ethereum network experiencing a pagpapanibagong-buhay？　　Behind this surge lies a whirlwind of network and development activity. Ethereum‘s ecosystem, known for its flexibility and adaptability, is currently brimming with developers and innovators. The 30% uptick in trading fees is not just a random fluctuation; it’s a direct reflection of the

2023-11-05Ethereum

Nangungunang Mga Kaganapan sa Crypto na Panoorin Sa Susunod na Linggo: Ang Talakayan ni Ripple Sa SEC, Ang Bitcoins $40K Goal Grab Attention

In the past week, the market has been impacted by significant events such as the Federal Open Market Committee (FOMC) meeting, the decision to maintain current interest rates, and the conviction of Sam Bankman-Fried (SBF) on fraud charges. During these developments, Bitcoin (BTC) managed to reach the $36,000 mark, raising chances for further increases. Consequently, traders are hopeful for a rally to $40,000 in the coming week, coinciding with Ripples ongoing legal negotiations with the Securities and Exchange Commission (SEC).　　Crucial Developments To Watch Next Week　　The upcoming week seems less eventful due to a lighter schedule of activities. Nonetheless, the market could still experience some volatility as traders anticipate significant developments from Ripples upcoming meeting with the SEC.　　Ripples Meeting With The SEC　　The crypto community is preparing for DC Fintech Week, kicking off on November 6, featuring Ripple CEO Brad Garlinghouse and SEC Chair Gary Gensler as marquee speakers.　　This development has sparked excitement and expectation for the stimulating exchanges and dialogues anticipated at the 2023 DC Fintech Week. Given Ripples ongoing lawsuit with the SEC regarding the classification of XRP as a security, supporters are looking forward to potentially intense debates and insider insights next week, impacting XRP price.　　The announcement that Ripple

2023-11-05Industriya

Mga Slide ng Presyo ng $MEME Token Kasunod ng Binance Listing Ngunit Iniisip ng mga Mangangalakal na Ang Meme Kombat ay Maaaring Isang Mas Mabuting Pamumuhunan

However, launch pool investors saw the excitement building as an opportunity to sell into late buyers, creating a 20% selloff after it went live for trading.　　While its future price remains to be seen, a $50 million market cap would equate to over 75% downside from its current price.　　Given its already significant valuation, this likely means that traders may be better poised to look elsewhere for the next meme coin to explode.　　For instance, new project Meme Kombat is in its early stage presale, having raised $1.1 million but already capturing significant backing from high-profile traders.　　Meme Kombat Offers 112% Staking APY and Boasts 10x Predictions After Raising $1.1M　　Meme Kombat is a multi-purpose meme coin. On the one hand, it benefits from the viral, community-centric allure of meme coins, while on the other, it is a cutting-edge, utility-driven GambleFi project.　　Users can battle with infamous meme characters and gamble on the outcome using the $MK token. There are several sophisticated betting mechanisms, and users can partake in multiplayer and player vs game modes. It also leverages traditional odds mechanics for a fair and compelling gambling experience.　　Yet, while it pushes ahead on the GambleFi front, it also rivals market leaders with its flawless social media

2023-11-05Industriya

Bumaba ang WTI matapos mabigo ang data ng US, humina ang tensyon sa Gitnang Silangan

Balita ng Ethereum ng Bitcoin　　The WTI barrel price declined by more than 2% to $80.70.　　The US reported soft labor market figures.　　Tensions in the Middle East are easing, favouring the price to decline.　　At the end of the week, the West Texas Intermediate (WTI) barrel is seeing sharp losses, mainly due to worries on the US economy, the largest Oil consumer, after the release of weak labor and economic activity data. In addition, as the Middle East tensions ease, markets are confident that there wont be any supply or demand disruptions also contributing to the downward movements.　　The US Bureau of Labor Statistics revealed disappointing numbers, as job additions for October from the US economy fell short of expectations at 150,000 vs the 180,000 expected and decelerated from its revised previous figure of 297,000. In addition, the Unemployment Rate rose to 3.9%, above the expected 3.8% while the Average Hourly Earnings increased by 0.2% MoM, lower than the projections and tallied a 4.1% YoY increase. In line with that, if the US continues to reveal that its economy is weakening and that the cumulative effects of the monetary policy are kicking in just now, Oil prices could face further downside as lower energy

2023-11-05Industriya

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