Solana dips amid Bankman-Frieds trial mentions; eyes on InQubeta presale

Tech  Solana dips sa gitna Bankman-Frieds trial mentions; mata sa InQubeta presale  9 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Crypto exchange FTX might be bankrupt but it continues to spell bad news for Solana. During the ongoing trial of FTX‘s former CEO Sam Bankman-Fried, Solana’s name has cropped up more than once.  It doesn‘t help that Bankman-Fried was once a strong supporter of Solana. Following multiple mentions during the trials, Solana’s price has dropped significantly in the recent past.  One of the few saving graces amidst the gloom seems to be the excitement around the presale success of InQubeta (QUBE). The decentralized platform was rolled out just a few months ago and its already among the best new ICOs of 2023 after its presale funding crossed $3.6 million recently.  Powered by the Ethereum network, InQubeta enables startups working in the artificial intelligence (AI) sector to find reliable investors and bring their ideas to life. It also helps investors to access promising projects ahead of their market launch.  InQubeta: A budget-friendly investment option for crypto users  InQubeta is a next-generation crypto project that can drive impact with a model that combines both AI and DeFi technologies. The platform has the potential to fast-track the growth trajectory of AI

2023-10-18Industriya

Paano Nasira ang isang Bogus Tweet sa Crypto Markets

crypto  Paano Nasira ang isang Bogus Tweet sa Crypto Markets  10 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  A single errant tweet on October 16th demonstrated just how tightly wound the cryptocurrency industry is around the prospect of a Bitcoin spot ETF in the US.  Pangunahing puntos  Bitcoins price jumped from $27,900 to $30,000 after a false report circulated that the SEC had approved a spot Bitcoin ETF.  The report was posted on Twitter and sparked enough engagement to significantly impact prices before being deleted 30 minutes later.  Nearly $100 million worth of leveraged positions were liquidated during the price swing – $72 million in shorts and $31 million in longs.  The SEC website showed no actual ETF approvals. BlackRock confirmed its application is still under review.  This volatility highlights traders anticipation and hopes for a spot Bitcoin ETF, which the SEC has not yet approved.  The SEC recently declined to appeal its court loss against Grayscale, seen as a positive step for Grayscale converting its Bitcoin Trust (GBTC) to an ETF.  There are over 10 spot Bitcoin ETF applications pending currently. The participation of major firms like BlackRock and Invesco has raised optimism among analysts.  However, the incident shows Bitcoins price remains susceptible to unverified information and rumors circulating online.  Within minutes

2023-10-18Industriya

California 2025 Cryptocurrency Law - A Glimpse Into the Future

Tech  California 2025 Cryptocurrency Law – Isang Sulyap Sa Hinaharap  8 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  California Governor Gavin Newsom has given his approval to a cryptocurrency bill that will impose stricter regulations on businesses involved in cryptocurrency operations. This new set of rules is scheduled to come into effect in July 2025.  In an official statement released on October 13th, Governor Newsom announced the introduction of the Digital Financial Assets Law, a bill that mandates both individuals and companies to obtain a license from the Department of Financial Protection and Innovation (DFPI) in order to engage in digital asset-related activities.  The bill references Californias money transmission laws, which explicitly prohibit banking and transfer services from operating without a license issued by the DFPI commissioner.  What sets this crypto bill apart is its provision for the DFPI to enforce rigorous auditing procedures on cryptocurrency firms and compel them to maintain thorough records. The statement elaborates:  “[This bill] would require a licensee to maintain records… for a period of 5 years from the date of the activity, including a general ledger that is updated at least monthly, detailing all assets, liabilities, capital, income, and expenses of the licensee.”  Moreover, the bill stipulates that firms failing to comply

2023-10-18Industriya

Ganito kahirap magmina ng Bitcoin ngayon

Bitcoin  Ganito kahirap magmina ng Bitcoin ngayon  6 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Bitcoin (BTC) miners are constantly generating Proof of Work (PoW) in a highly competitive business to discover the next valid block. Recently, Bitcoin mining difficulty was adjusted to its all-time highs, which hardened the competition and business profitability.  In this discovery, the miner gets the right to collect the block subsidy of freshly created 6.25 BTC, add Bitcoin transactions to this block, and broadcast it to other nodes, confirming these transactions — including the one from the block subsidy.  Interestingly, the more work (or hashrate) a Bitcoin miner has on the network, the higher their chances of finding a valid block. In order to keep the block discovery in a 10-minute interval, the Bitcoin mining difficulty is adjusted every 2,016 blocks (around two weeks).  This creates a dynamic where in an increased hashrate environment, the protocol will require that even more hashrate is deployed in order to find the next block, making it more difficult to mine BTC. While a decreasing hashrate scenario will do the opposite, decreasing the mining difficulty.  Bitcoin mining difficulty reaches a new all-time high of 61.03 trillion hashes  In particular, the Bitcoin mining difficulty reached a new all-time

2023-10-18Industriya

Ang Lucid LCID Q3 2023 EV ay naghahatid ng produksyon

Pananalapi  Ang Lucid LCID Q3 2023 EV ay naghahatid ng produksyon  17 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  A Lucid showroom in New York City on Aug 19th, 2023.  Luxury electric vehicle maker Lucid Group said Tuesday that it delivered 1,457 of its Air sedans to customers in the third quarter, a number that is unlikely to reassure investors worried about demand for the posh and pricy electric vehicle.  Shares of the company fell about 3%, cutting earlier losses.  Analysts polled by FactSet had expected Lucid to deliver about 2,000 vehicles in the third quarter.  Lucids third-quarter deliveries compare with 1,404 deliveries in the second quarter and 1,398 in the third quarter of 2022.  The company said it produced 1,550 Airs in the period, with “over 700” additional vehicles in transit to a new facility in Saudi Arabia for final assembly. That compares to 2,173 Airs built in the second quarter and 2,282 a year earlier.  Saudi Arabias government, a major investor in Lucid, agreed last year to buy at least 50,000 Lucid EVs over the following 10 years, with an option to buy up to 50,000 more. Deliveries are expected to begin before the end of 2023.  Lucid‘s shares have fallen nearly 23% from the beginning of 2023

2023-10-18Industriya

Mga Presyo ng Crypto Ngayon: 24 Oras na Tagumpay ng BTC, ETH, UMA, at HOT

Bitcoin crypto Ethereum  Mga Presyo ng Crypto Ngayon: 24 Oras na Tagumpay ng BTC, ETH, UMA, at HOT  13 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  BTC, ETH, UMA, and HOT are all in the spotlight after their prices jumped in the past 24 hours of trading.  BTCs price jumped by $2K within minutes after false news about BTC ETF approvals spread yesterday.  UMA was one of the biggest gainers after its price surged by more than 12% throughout the past day.  Bitcoin (BTC), Ethereum (ETH), UMA (UMA), and Holo (HOT) are all in the spotlight today after their prices experienced positive price movements in the past 24 hours of trading. UMA, however, stole the show with its 12+% price surge during the past day of trading.  Bitcoin (BTC)  BTCs price was on a rollercoaster ride over the past day after fake news about BTC ETFs spread like wildfire yesterday. There were talks that the SEC had granted approval for a BTC ETF in the U.S., a development that has been eagerly awaited by many in the cryptocurrency industry.  This announcement had a huge impact on the market, causing BTCs value to surge by $2K within a matter of minutes. CoinMarketCap indicated that the market leader eventually reached a

2023-10-18Industriya

Maaabot ba ng Micron Technology Stock ang mga Bagong Matataas?

Pananalapi  Maaabot ba ng Micron Technology Stock ang mga Bagong Matataas?  5 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Micron Technology Inc. MU stock price holds the $65.00 support and showed a decent bounce. It formed a bullish continuation pattern and succeeded in regaining the 50-day EMA.  Micron Technology stock price is turning bullish and the short-term trend has reversed upward. The stock price bounces back by taking support near the 200-day EMA indicating that buyers are active at lower levels.  In mid-September, MU stock price attempted to break out of the $72.00 hurdle. However, due to the strong presence of sellers, the breakout attempt failed and the price reverted down. It retraced down to the EMA and retested the demand zone.  Micron Technology Inc. released the previous quarter earnings on September 28, 2023. It reported an EPS of -1.07 vs the estimates are -1.144. Also, the reported revenue is $4.01 Billion vs the estimates are $3.956 Billion.  The company beat the EPS estimates by 6.48% and revenue estimates by 1.36%. Due to this, the MU stock price reacted positively and boosted the momentum in the stock.  Micron Technology stock price closed the previous session at $69.08 with an intraday decline of -0.19%.  Will MU Stock Price Sustain Above

2023-10-18Industriya

SHIB Burns Dump Hard as Price Prints Series of Big Red Candles

Tech  SHIB Burns Dump Hard as Price Prints Series of Big Red Candles  2 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Yuri Molchan  Shib burn rate shows severe plunge amid hard SHIB price fall  According to the recently updated figures on the Shibburn website, within the last 24 hours, the SHIB burn rate has demonstrated a drastic plunge by 90.57%, with merely 4,718,135 SHIB burned overall.  The most recent burn transaction destroyed 57,073 SHIB, and prior to that, the last burn transfer was as far as eight hours ago, carrying 26,669 SHIB.  The largest transaction out of the nine so far carried 4,062,225 Shiba Inu coins to a dead-end blockchain wallet where the coins get locked permanently and cannot be recovered. This is what token burning is about — reducing the circulating supply to the level when they become so scarce that the price starts going up.  This plunge in burns is happening at the same time as the SHIB price is also going down sharply. Over the past few hours, it has printed four red candles, one longer than the other, pushing the price down 2.37%. After that, one green candle appeared, and the meme coin is now changing hands at $0.00000691.  Usually, the lower the price, the

2023-10-17Industriya

Ang Presyo ng Bitcoin ay Nakatingin sa $30,000 Level habang Patuloy na Nangibabaw ang Bulls

Bitcoin  Ang Presyo ng Bitcoin ay Nakatingin sa $30,000 Level habang Patuloy na Nangibabaw ang Bulls  9 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The price of Bitcoin (BTC) skyrocketed after the untrue story spread extensively.  If the bulls could drive the prices above $29,250 level, then it will likely test $30,450 level.  Following the latest disinformation incident, the U.S. SEC may have uncovered more reasons to reject future Bitcoin ETF applications. Recent events were triggered by unfounded rumors that the SEC had approved a Bitcoin ETF from BlackRock, leading to extreme price fluctuations.  The price of Bitcoin skyrocketed after the untrue story spread extensively on social media. BlackRock acted swiftly to clarify that its application to launch an ETF was still being reviewed. The SEC issued a caution to the general public on Twitter.  The regulatory body stated:  “Careful what you read on the internet. The best source of information about the SEC is the SEC.”  Eyeing $30k Barrier  The value of Bitcoin likewise went on a wild trip, rising over $29,000 before plummeting back. As of now, Bitcoin has stabilized around the $28,500 mark. Bitcoin is now trading at $28,536 at time of publication as per data from CMC and is up 2.54% in the last 24 hours.

2023-10-17Industriya

Hot or Not? The Ultimate Price Prediction for Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA)

Bitcoin Ethereum  Hot or Not? The Ultimate Price Prediction for Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA)  4 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Talaan ng nilalaman  Bitcoin‘s hash rate skyrocketed, achieving a monumental increase in its computational power, as depicted by the surge from 261 EH/s to a whopping 455 EH/s within just a year. Not just that, luxury brands like Ferrari have stepped into the crypto space, allowing crypto enthusiasts to purchase their dream cars with digital currencies. Though crypto’s inherent volatility has deterred many traditional companies from embracing it, its foothold in the market is undeniable.  Bitcoin (BTC) – A Bullish Buzz in the Air  The Bitcoin ecosystem has been buzzing with exciting news. The US SEC is rumored to have approved a spot Bitcoin ETF, stirring a rapid price surge for the pioneer cryptocurrency. Edward Snowden‘s recent statements during the 2023 Bitcoin Conference in Amsterdam emphasize Bitcoin’s significance in the contemporary world – presenting it as a beacon against governmental oversight and fiat currency devaluation.  Despite the uncertainty surrounding the ETF news, BTC‘s price displayed a rapid increase. Its significance in the realm of privacy and its continual fight against government and institutional opposition has made it the talk of the town.

2023-10-17Industriya
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