Balita sa Industriya ng Crypto at Market Trends

Ang Celsius Network ay Lumiko sa Bitcoin Mining habang Nagsasara ang Halving

Bankrupt cryptocurrency exchange Celsius Network is turning to Bitcoin (BTC) mining according to the news agency Reuters. The decision comes after regulators showed skepticism towards the company‘s other “planned business lines.” Celsius was among the firms that went down during the Luna ecosystem collapse in 2022. The company’s former CEO Alex Mashinsky was arrested on criminal and civil charges in July.　　A Chance For Revival　　A Manhattan court had approved the companys Chapter 11 plan earlier this month. The restructuring plan will include returning cryptocurrency to customers and creating a firm owned by the company creditors, according to Reuters. The crypto exchange was valued at $3 Billion before falling into bankruptcy.　　The company halted user withdrawals, transfers, and swaps citing “extreme market conditions” in June 2022. They reportedly had 1.7 Million users onboard. They cut 23 percent of the staff in the following month. CEO of data aggregator KeyFi, Jason Stone, accused the exchange of operating like a ponzi scheme.　　Bitcoin mining is growing in the United States after China called for a blanket ban on all activities related to the sector in 2021. The balance of power was distributed among countries like the US, Kazakhstan, Canada, and more. However, data aggregator Statista shows

2023-11-23Industriya

Ethereum Price Recovery In Trouble? Here Are Key Hurdles To Fresh Increase

Balita ng Ethereum ng Bitcoin　　Nagpumiglas ang Ethereum upang limasin ang paglaban ng $ 2,070 at naitama nang mas mababa.　　Ang presyo ay kinakalakal sa ibaba $2,000 at ang 100-oras na Simple Moving Average.　　Mayroong isang pangunahing linya ng bearish trend na bumubuo na may pagtutol na malapit sa $ 1,990 sa oras-oras na tsart ng ETH USD (data feed sa pamamagitan ng Kraken).　　The pair could start a fresh increase if it clears the $2,000 hurdle.　　Presyo ng Mata ng Ethereum Mataas na Pagtaas　　Ethereum price failed to clear the $2,070 resistance and reacted to the downside. ETH declined below the $2,000 support zone after reports of Binances settlement, like Bitcoin.　　The bears even pushed the price below the $1,950 support zone and the 100-hourly Simple Moving Average. However, Ether stayed above the $1,920 support zone. A low was formed near $1,930 and the price is now attempting a fresh increase.　　Ethereum broke the 23.6% Fib retracement level of the recent decline from the $2,068 swing high to the $1,930 level. However, it is still below $2,000 and the 100-hourly Simple Moving Average.　　On the upside, the price is facing resistance near the $1,990 zone. There is also a key bearish trend line forming with resistance near $1,990

2023-11-22Ethereum

Pagpuna sa Ethereum (ETH) mula sa Bloomberg Analyst hanggang SEC!

As the SEC continues to increase its pressure on the cryptocurrency industry, the SECs latest target was the leading crypto exchange Kraken.　　Commenting on the case, Bloomberg Intelligence analyst James Seyfartt said that the Kraken case is similar to the Coinbase case.　　While the SEC argued that Solana (SOL), Cardano (ADA), Algorand (ALGO) and 13 other major altcoins are securities, Seyfartt stated that these altcoins are still under review within the scope of previous cases filed by the SEC.　　At this point, Seyffart, who criticized the SEC for its actions, pointed out that the SEC has not yet taken any stance on Ethereum (ETH).　　This lawsuit against Kraken sounds to me like the same thing as the Coinbase lawsuit, but in this case Kraken was accused of mixing customer assets with company assets, among other allegations.　　Specifically, cryptocurrencies, which the SEC claims are securities, were included here. This list includes 16 cryptocurrencies explicitly listed here, including Solana, Cardano, and Algorand.　　However, I would like to point out that Ethereum is not on that list. “I think the SEC is doing this on purpose, this move by the SEC is a conscious decision to leave ETH closed.”　　James Seyffart stated that the SEC did not take a clear

2023-11-22Ethereum

What is Behind Binances $3.9 Billion USDT Transaction?

Balita ng Ethereum ng Bitcoin　　Binance moves a massive $3.9 billion in USDT, raising eyebrows in the crypto community.　　The transaction coincides with reports of a potential $4 billion settlement with the U.S. Department of Justice.　　“The timing and scale of Binances transfer are intriguing, to say the least,” observes a leading crypto analyst.　　This article explores the implications and community reactions to Binances substantial USDT transfer amidst talks of a significant settlement with the U.S. DOJ.　　The Massive $3.9 Billion USDT Movement by Binance　　In a move that has captured the attention of the crypto world, Binance, one of the largest cryptocurrency exchanges, transferred a staggering $3.9 billion in USDT between its wallets. This transaction, executed on November 9, involved moving funds from “Binance-Cold 2” on the Tron network to “Binance 3.” What makes this transfer particularly notable is not just its magnitude but also its timing, occurring just days ahead of a Bloomberg report about a potential $4 billion settlement with the U.S. Department of Justice.　　Contextualizing the Transfer Amidst DOJ Settlement Reports　　The communitys intrigue was further fueled when, on November 20, reports emerged suggesting that Binance might be nearing an agreement with the DOJ. This purported deal, which could amount to $4 billion in

2023-11-22Industriya

21Shares analysis reveals the resilience of Ethereum growth

In the tumultuous crypto landscape, while global attention is often monopolized by Bitcoin, an in-depth analysis by 21Shares reveals that Ethereum is emerging as a resilient and growing player.　　Despite recent challenges, including a hacker attack, we will explore the remarkable recovery of the second-largest cryptocurrency by market capitalization, with a close look at the outstanding performance and partnerships that outline a promising future.　　21Shares: the In-Depth Analysis of Ethereum Performance　　In recent times, the cryptocurrency landscape has been dominated by the narrative focused on Bitcoin, with its performance and growing reputation as a haven in times of instability in traditional financial markets.　　However, it is important to note that significant events, such as Ethereum recent recovery, could have equally significant impacts.　　Despite an overall loss of 7.82% recorded in the last week, the price of ETH showed a remarkable 12.54% increase in a single night, significantly surpassing previous figures.　　While the drop can be primarily attributed to a hacking attack, the positive developments can be traced back to the growing calls for the approval of an Exchange-Traded Fund (ETF) dedicated to this digital currency and the return to Junes fee and “burn rate” levels.　　Factors favoring Ethereum positive momentum　　The push for cryptocurrency has been fueled by

2023-11-22Ethereum

Could Bitcoin reach $220,000 within the next halving?

The Bitcoin (BTC) block subsidy halving is a highly expected event by Bitcoin investors that happens approximately every four years (210,000 blocks).　　Essentially, with the reduction of Bitcoin‘s supply inflation by half, many analysts foresee a price increase for the leading cryptocurrency after the halving. These projections are all based on BTC’s past performance, from which analysts may have divergent opinions.　　It is important to understand that past price action will not necessarily be repeated in the future, as many factors directly influence an elastic demand. Nevertheless, previous patterns could offer valuable insights for financial forecasts.　　Bitcoin Archive price forecast at $220,000 per coin　　Nang kawili-wili, is pagtataya Bitcoin will trade above the $220,000 mark over the next 18 months. Its forecast is based on Bitcoins last halving surge of six times the traded price 12 months after the reduction, crossed with BTC price at $37,183 by the post time.　　However, the “6x” price surge in the previous halving was counted from the halving itself. This means that considering the price on November 21 could result in non-accurate projections. Bitcoin is volatile, and its price may change in the following months, which would directly affect this analysis.　　Moreover, it is notable how the upward movement was

2023-11-22Bitcoin

Magsusubok muli ba ng $30K ang Presyo ng Bitcoin? Kumuha ng Mga Insight Dito

Balita ng Ethereum ng Bitcoin　　Analysts led by Gautam Chhugani at Bernstein also revealed that Bitcoin miners are conducting approximately half a billion dollars worth of coin sales monthly.　　Woo believes that, based on the analysis of the Bitcoin Cost Base Density map, the price of Bitcoin will not fall below $30,000 again.　　Since the 2021 Bitcoin bull run, the weekly Relative Strength Index (RSI) has exceeded 70 for the first time, indicating that Bitcoin is currently in overbought territory.　　Will Bitcoin Price Test 30K Dollars Again？ Insights into BTCs future with the current on-chain map!　　Will Bitcoin Price See $30,000 Again？　　In the last two weeks, Bitcoin (BTC) has struggled to surpass the $37,500 level, and signs indicate a possible decline. With the crypto market increasingly turning towards altcoins, technical indicators suggest a change in momentum.　　The magnitude of Bitcoins correction could depend on whether large whale holders reduce their selling pressure. Analysts led by Gautam Chhugani at Bernstein also revealed that Bitcoin miners are conducting approximately half a billion dollars worth of coin sales monthly.　　Willy Woo, a partner at CMCC Crest, believes that, based on the analysis of the Bitcoin Cost Base Density map, the price of Bitcoin will not fall below $30,000 again. According

2023-11-22Bitcoin

Nag-rally ang BNB Kasunod ng mga Ulat ng DOJ na Naghahanap ng $4,000,000,000 Settlement Sa Binance: Ulat

BNB is rallying on the news that the U.S. Department of Justice (DOJ) is seeking to close a criminal case against Binance.　　According to a new Bloomberg report, the DOJ is seeking over $4 billion from the largest crypto exchange by trading volume to settle a multi-year investigation.　　A separate report from the Wall Street Journal says that CZ plans on stepping down as CEO and admitting to criminal violations.　　Citing people familiar with the matter, WSJ says the crypto billionaire will enter his plea to a Seattle court this afternoon in a deal that may allow Binance to continue its normal operations, while also giving Zhao the right to retain majority ownership of the exchange.　　Says Matt Walsh, founding partner at crypto venture firm Castle Island Ventures,　　A Reuters report also corroborated that a settlement announcement is expected soon.　　BNB is currently outperforming much of the digital asset markets. The altcoin is worth $259 at time of writing, up 4.4% in the last 24 hours.　　Pagtanggi: Ang mga opinyon na ipinahayag sa The Daily Hodl ay hindi payo sa pamumuhunan. Dapat gawin ng mga namumuhunan ang kanilang nararapat na pagsusumikap bago gumawa ng anumang mga pamumuhunan na may mataas na peligro sa Bitcoin, cryptocurrency o digital

2023-11-22Industriya

Inihayag ng Lumoz ang StableNet, Isang Rebolusyonaryong ZK-Rollup Batay sa Polygon CDK at Celestia DA

In a groundbreaking move, Lumoz, the ZK-RaaS platform, formerly known as Opside, has officially announced the upcoming launch of StableNet in December. The revelation took place during the RaaS Day, a collaborative event hosted in partnership with Polygon. Lumoz, a trailblazer in the ZK-RaaS sector, has distinguished itself by supporting the code-free generation of ZK-Rollup app-chains, utilizing the ZK-PoW mining mechanism to provide Zero-Knowledge Proof (ZKP) arithmetic through a decentralized prover network.　　Marking a New Era for ZK-Rollups　　As an officially certified CDK technology provider endorsed by Polygon, Lumoz has undergone significant technical enhancements, offering customizable upgrades tailored specifically for Polygon CDK. Importantly, Lumoz has expanded its support to include other forms of zkEVM, such as zkSync and Scroll. StableNet, a cutting-edge zkEVM constructed on Ethereum as Layer 1, introduces several groundbreaking features that set it apart in the rapidly evolving blockchain landscape, including:　　1. USDC Stability: StableNet has adopted the USDC stablecoin as its gas fee token, a unique approach that prices transaction gas fees in USDC, enhancing stability and predictability.　　2. Polygon CDK and Celestia DA Integration: Positioned as the first mainnet zkEVM project of its kind, StableNet is built on the Polygon CDK and Celestia DA, showcasing Lumozs commitment to pushing

2023-11-22Industriya

Bumaba ang index sa pinakamataas na antas mula noong Agosto 1, nag-rally ang Zoom sa mga resulta ng kita

Pananalapi　　Bumaba ang index sa pinakamataas na antas mula noong Agosto 1, nag-rally ang Zoom sa mga resulta ng kita　　Balita ng Ethereum ng Bitcoin　　US stock market will be closed on Thursday, November 23 and shortened on November 24.　　The Ss Sporting Goods (DKS), Lowes (LOW) at AutoDesk (ADSK) report as well. On Wednesday, Deere (DE) releases fiscal fourth-quarter results.　　FOMC Minutes, Durable Goods Orders round out calendar　　Besides the earnings calendar, a few interesting releases stick out during the shortened Thanksgiving week. The Minutes from the last Federal Open Market Committee (FOMC) meeting arrive during Tuesday‘s session and may overwhelm positive earnings news. The release will detail Fed members’ thinking on inflation and other economic indicators such as Retail Sales data and Unemployment and how they affect the central banks thinking about the timeline for lowering interest rates.　　Investors will continue to watch US Treasury yields all week. Yields are higher across the curve on Monday, but this does not seem to be hurting equity prices. Based on data from the CME Fedwatch Tool, 29% of the market expects a rate cut at the March 20 meeting and 59% expect a rate cut at the May 1 meeting. Until then, the fed funds rate should

2023-11-21Industriya

...

243245

...

1000