Balita sa Industriya ng Crypto at Market Trends

BTC, Pepe Coin, at CAKE Fuel Market Gains

The THORChain crypto has been on the investors radar, suggested by the gains in its price over the weekend. The THORChain price surged 15.61% to $3.38 as of writing on Saturday, making it one of the top percentage gainers in the market, with its volume skyrocketing 102.76% to $282.89 million.　　THORChain (RUNE) ChartNeo (NEO) Soars 15%　　The Neo crypto was another top percentage gainer on Saturdays session, gaining almost the same percentage as THORChain crypto. The Neo price was up 15.60% to $10.63 during writing, with its volume over the last 24 hours rising 63.40% to $109.90 million. Its market cap was up 15.62% to $749.77 million.　　Neo (NEO) ChartOasis Network (ROSE) Surges 14%　　The Oasis Network price advanced 13.85% to trade at $0.06393 as of writing on November 4, with its volume rising 16.56% to $49.67 million. Meanwhile, the market cap of the crypto jumped 13.85% to $418.20 million as of writing. Over the past week, the crypto has added around 23% in its price.

2023-11-05Industriya

Fifth Bank Failure of 2023 Declared, Iowa Bank Insolvent Due to Significant Loan Losses

The Federal Deposit Insurance Corporation (FDIC) has shut down a bank in Iowa after regulators discovered “significant loan losses” on its balance sheet.　　The FDIC is adding Citizens Bank in Sac City to its list of failed banks, and says Iowa Trust & Savings Bank has assumed all deposits in order to protect depositors.　　The banks pair of physical locations will reopen as Iowa Trust & Savings Bank on Monday.　　Citizens Bank was established in 1929 and is the first bank closure in Iowa since 2011.　　Its closure represents the fifth bank failure in the US this year, following the collapse of Heartland Tri-State Bank, First Republic Bank, Signature Bank and Silicon Valley Bank.　　According to the Iowa Division of Banking, the bank had about $66 million in total assets and $59 million in total deposits as of September of this year.　　Regulators have not specified which loans went sour at the bank.　　As a whole, the banking industry has been plagued by underwater bond portfolios throughout 2023, triggered by a series of aggressive rate hikes from the Federal Reserve.　　The pitfalls of these so-called unrealized losses came into focus early this year amid the collapse of Silicon Valley Bank.　　An abrupt run on the bank back in March

2023-11-05Industriya

Yuga Labs at Magic Eden na maglunsad ng bagong Ethereum NFT marketplace na nakatuon sa royalty sa pagtatapos ng 2023

Cross-chain non-fungible token (NFT) platform Magic Eden has partnered with Bored Ape Yacht Club (BAYC) creator Yuga Labs to launch a new Ethereum marketplace, according to a press release on Nov. 4.　　The new marketplace—to be launched by the end of 2023—will focus on royalties to uphold the principle of ownership and empower creators to “continue receiving royalty payments for their original work.”　　NFT creator royalty is a percentage of the sales price that the original creator of an NFT receives every time it is sold or transferred to a new owner. It allows creators to continue earning from their digital assets as they change hands in the secondary market, providing an ongoing source of income and incentivizing artists and content creators to participate in the NFT space.　　Magic Eden co-founder and CEO Jack Lu noted in the statement:　　“We remain committed to the betterment of the web3 creator ecosystem, steadfast in our belief that we should champion creators who are the heart and soul of the industry… Right now, its a priority to provide creatives with the support they deserve with creator royalty programs.”　　The press release claimed that the new platform will be the first major Ethereum NFT marketplace that is “contractually obligated”

2023-11-05Industriya

Ang Yuga Labs at Magic Eden ay nakipag-alyansa para baguhin ang mga royalty ng NFT

Web3 startup Yuga Labs, known for its popular NFT collections such as the Bored Ape Yacht Club (BAYC), Otherside, Meebits, and CryptoPunks, has announced a groundbreaking collaboration with cross-chain NFT platform Magic Eden. The partnership aims to introduce a new Ethereum marketplace that prioritizes the protection of creator royalties, addressing a growing concern within the NFT space. This initiative is expected to set a new standard for royalty allocation in the industry.　　Yuga Labs and Magic Eden have joined forces to create the Magic Eden ETH marketplace, which will be the first of its kind to feature a contractual obligation to safeguard creator royalties. This pag-unlad comes as the NFT ecosystem faces challenges related to creator compensation, with some major marketplaces reducing or eliminating fees, impacting creators income.　　Both Yuga Labs and Magic Eden are resolute in their commitment to supporting and respecting creative entrepreneurs. In a joint statement, they emphasized that “creator royalties are non-negotiable.” Going forward, Yuga Labs has pledged to exclusively partner with marketplaces that prioritize the protection of creators.　　Ilulunsad ang marketplace sa pagtatapos ng 2023, higit pang mga detalye sa lalong madaling panahon. pic.twitter.com/iDrBM46nHk　　Yuga Labs CEO Daniel Alegre stressed the pivotal role of creators in the Web3 ecosystem,

2023-11-05Industriya

NZD/USD rallies to multi-week highs after soft US NFPs

Balita ng Ethereum ng Bitcoin　　NZD/USD rose by more than 1% to 0.5990, its highest since mid October.　　The US reported weak NFPs, which triggered a sharp decline in US yields and hawkish bets on the Fed.　　Eyes on inflation figures from the US from October.　　On Friday, the NZD/USD rallied, driven by the US Dollar facing notable selling pressure after the release of the soft labour market, which triggered a decline in US Treasury yields and hawkish bets on the Federal Reserve (Fed) for the December meeting. On the Kiwis side, no relevant data was released.　　The latest data from the US Bureau of Labor Statistics delivered a blow to market expectations, with the Nonfarm Payrolls for October falling short of projections. The report revealed an addition of 150,000 jobs in the US economy, trailing the anticipated 180,000 and showing a slowdown from the revised prior figure of 297,000. Additionally, the Unemployment Rate for the same period rose to 3.9%, surpassing the projected 3.8%.　　Moreover, the Average Hourly Earnings for October exhibited a sluggish monthly growth of 0.2% but managed to climb to 4.1% YoY, surpassing the expected 4% and outpacing the previous figure of 4.3%.　　Simultaneously, the US Treasury yields continue to decline, with the

2023-11-05Industriya

Feds Bust Drug Kingpin’s Attempt to Launder 30,000 ETH While In Prison

Balita ng Ethereum ng Bitcoin　　Federal authorities seize $54 million in cryptocurrencies connected to drug kingpin Christopher Castelluzzo.　　The seized assets include 30,000 Ethereum tokens obtained through illegal activities.　　Castelluzzo attempted to launder the cryptocurrency from prison before law enforcement got him.　　U.S. Attorney Philip Sellinger has announced that federal law enforcement authorities have seized $54 million worth of cryptocurrencies linked to Christopher Castelluzzo, the leader of a notorious drug ring based in New Jersey. The seizure marks a significant blow to Castelluzzo and his co-conspirators, whose illicit activities spanned from 2010 to 2015.　　According to federal officials, at least 30,000 Ethereum tokens were discovered in crypto wallets owned by Castelluzzo and his associates. These wallets held the laundered proceeds from their illegal operations, which involved the distribution of mail-order cocaine and designer drugs.　　Per the complaint, what initially started as an investment of $9,000 in Ethereum (ETH) from their drug proceeds had grown to $54 million. The complaint highlighted that Castelluzzo presently serves concurrent 20-year sentences in both federal and state prisons due to drug distribution convictions. However, during his incarceration, the value of Ethereum surged.　　Therefore, Castelluzzo hatched a plan while in prison to evade taxes and transfer his 30,000 Ethereum holdings out of the

2023-11-05Ethereum

Yuga Labs at Magic Eden Partner para sa Magic Eden ETH Marketplace

In an exciting collaboration, Yuga Labs and Magic Eden are joining forces to introduce the Magic Eden ETH marketplace. This Ethereum marketplace will formally protect creative royalties for the first time. An important non-fungible token milestone is the formal launch before 2023.　　Innovative Smart Contracts to Secure NFT Creator Royalties　　Leading multi-chain NFT marketplace Magic Eden launched Ethereum. This platform was created with Yuga Labs, the Bored Ape Yacht Club designer. A key part of the deal is acknowledging and paying creator royalties on marketplace NFT transactions.　　This arrangement is based on Edens “contractual obligation” to share secondary market earnings from anticipated NFT collections with Yuga Labs. This key NFT ecosystem adjustment highlights the necessity of helping artists and sustaining their long-term well-being.　　Magic Eden co-founder and CEO Jack Lu says that they are highly pleased to demonstrate their commitment through tangible financial contributions. Magic Eden pledges to help NFT producers and musicians.　　New Ethereum smart contracts are essential to their partnership. High-tech smart contracts will automatically disperse secondary market royalties. The marketplace will use ERC-721 Ethereum non-fungible tokens (NFTs), although technical specifics will be released before launch. NFTs having specific properties will qualify for royalties.　　Historically, the NFT ecosystem has compensated innovators a modest portion

2023-11-04Ethereum

BTC, ETH, GAS, RUNE, BLUR

Ethereum (ETH) has also started on bull activity, as Ethereum price stood at $1846 after recording a daily increase of 3.3%, as the weekly rise now stands at 3.1%. ETHs trade volume dropped by 15% during the same period and is presently at $6.9B.　　The Bollinger bands are far apart, showing high volatility levels on Ethereum Price as the Relative Strength Index (RSI) approaches a shift above the average line, showing bull dominance on Ethereum price as it heads for the overbought region.　　ETH 1-araw na chart | Pinagmulan: TradingViewGas price analysis　　Gas (GAS) is among today‘s top gainers, as Gas price stood at $12.44 after recording a daily increase of 57%, as the weekly rise now stands at 201%. GAS’s trade volume jumped by 77% during the same period and is presently at $831M.　　The Bollinger bands are diverging, showing high volatility levels on Gas Price as the Relative Strength Index (RSI) moves above the average line. This shows bull dominance on Gas price.　　GAS 1-day chart | Source: TradingViewPagsusuri ng presyo ng THORChain　　THORChain (RUNE) is among today‘s top gainers, as RUNE price stood at $3.4 after recording a daily increase of 17%, as the weekly rise now stands at 34%. RUNE’s trade volume

2023-11-04Ethereum

BTC and ETH May Break Link With Equities Market This Week

Santiment revealed that the next week will indicate whether the cryptocurrency market is still linked to the equities market.　　According to the post, the S&P 500 rose more than 6% while BTC and ETH traded flat.　　BTC and ETH posted 24-hour gains of 1.12% and 2.03% respectively.　　Santiment revealed in an X post earlier today that the next week will indicate whether the cryptocurrency market is still tied to the equities market or whether the digital asset market will enter into a bull run. According to the post, the S&P 500 index had a big week after the cryptocurrency market leaders Bitcoin (BTC) and Ethereum (ETH) cooled down.　　Since the S&P 500 index jumped more than 6% in the past 4 days while the leading cryptocurrencies traded flat, the coming week will reveal if the digital asset sector can finally rid itself of its link with the equities market. If cryptocurrencies are able to establish their independence, then they might be able to enter the next bull cycle, according to Santiment.　　At press time, data from the cryptocurrency market tracking website CoinMarketCap indicated that both ETH and BTC were able to print 24-hour gains. BTC was changing hands at $34,941.48 after its price rose 1.12%.

2023-11-04Ethereum

Ang Kagawaran ng Hustisya ng US ay Kumilos upang Masamsam ang 30,000 Ethereum (ETH)!

According to The Block, the US Department of Justice filed a lawsuit to seize more than $54 million worth of crypto money obtained with the proceeds of an illegal darknet narcotics scheme operating in New Jersey.　　Accordingly, the US Department of Justice filed a confiscation case to seize 30,000 Ethereum (ETH) belonging to Christopher Castelluzzo, who was convicted of drug dealing.　　The US Attorneys Office stated the following in its statement:　　Christopher Castelluzzo earned Bitcoin by selling drugs on the dark web between 2010 and 2015.　　He then invested the proceeds in Ethereums initial coin offering held in July 2014. Castelluzzo received 30,000 ETH here.　　The forfeiture action we initiated today aims to recover millions of dollars of cryptocurrency that defendant Castelluzzo obtained from drug sales.　　“Whether it is as simple as cash or as complex as cryptocurrency, we will take the necessary steps to seize the financial proceeds of defendants criminal activities.”　　FBI Special Agent James E. Dennehy said, “Many criminals use cryptocurrency on the dark web to operate away from the prying eyes of law enforcement. Our $54 million case should be a lesson to those who mistakenly believe that we cannot trace their illegal behavior or illicit proceeds. All criminals, ”We will hold them

2023-11-04Ethereum

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