Balita sa Industriya ng Crypto at Market Trends

Mabilis na Tumataas ang Mga Presyo ng Bitcoin Cash At Litecoin, Susunod ang VeChain Para sa Price Rally? Kasalukuyang Trend sa Market

The crypto market has been buzzing with activity, especially with Bitcoins price crossing the $35,000 mark for the first time since May 2022. This surge is attributed to market speculators anticipating the approval of a spot bitcoin ETF in the U.S. In just three days, over $250 million in bitcoin short positions were liquidated. André Dragosch from Deutsche Digital Assets points out that a short squeeze played a significant role in this price spike. While Bitcoin shines, other crypto assets have got to keep up too. Amidst this, Bitcoin Cash (BCH), Litecoin (LTC), and VeChain (VET) are navigating their unique paths in the market. In this fluctuating landscape, ScapesMania is preparing for its entry, aiming to carve a distinct niche in the competitive arena, bringing a fresh perspective to the market dynamics.　　As the crypto market exhibits positive growth dynamics last week, will this trend persist, or will promising newcomers like ScapesMania outperform established coins？ Read on to discover.　　buod:　　ScapesMania is preparing to carve out its niche in the competitive crypto market, bringing a fresh perspective to the table.　　Bitcoin Cash (BCH) faces potential price pressure due to an ongoing miner sell-off, yet bullish sentiment persists.　　Litecoin (LTC) showcases promising signs of a bullish

2023-10-28Bitcoin

Envelop Presents NFT2.0 Aggregator

What is NFT2.0 Aggregator？　　NFT 2.0 is the most important element of the programmable assets market. NFT 2.0 is a part of Web 3.0, which is related to such areas as GameFi, TradeFi, DeFi 2.0, SocialFi and others.　　Envelop has gathered all of the industrys projects into a single pool and called it the NFT 2.0 aggregator. This includes projects that create or use:　　dNFTs (dynamic NFTs),　　xNFT (executable NFTs),　　wNFTs (wrapped NFTs),　　finNFT (financial NFTs),　　fracNFT (fractional NFTs),　　SBT (soulbound tokens),　　walletNFT (account bound tokens)　　cNFTs (community NFTs)　　at iba pa　　Different types and kinds of NFTs can overlap; for example, dNFTs and fNFTs can be built on top of wNFTs.　　The aggregator is launched with basic functionality and is constantly updated.　　You can also find digests about the non-fungible token industry: its challenges, key metrics, and outlook at https://nft2.envelop.is/digests　　Recently, a book has been published in which you can find not only the history of NFT evolution but also examples of applications and instructions for creating NFT2.0.　　Why Use NFT2.0？　　To have a competitive advantage in a newly emerging industry　　To learn innovative ways of working with programmable assets　　To create your own indices, derivatives, startups　　For ticketing, subscription, content access via NFT2.0 and increase audience loyalty with programmable gifts　　For revenue sharing with on-chain multi-royalty　　To use a new

2023-10-28Industriya

Joe Biden to reveal leak that could spark Bitcoin prices, Washington Post reports

Bitcoin prices have increased 20.27% in the last week, according to CoinMarketCap, following news around BlackRocks Bitcoin spot exchange-traded fund (ETF) application.　　A new leak suggests that President Joe Biden is gathering tech executives at the White House to unveil new regulation that Bloomberg believes will have a spillover effect into the crypto industry.　　Comprehensive assessments underway　　In an Oct. 25 release fromThe Washington Post, the administration order is said to be made two days before the international summit in the United Kingdom, where government officials, prominent figures from Silicon Valley, and representatives from civil society groups will come together address the growing concerns surrounding the societal implications of AI.　　As disclosed by four individuals with insider knowledge who requested anonymity, the all-encompassing order will harness the U.S. governments influential position as a major technology consumer.　　It will also mandate that cutting-edge AI models undergo comprehensive assessments before they gain approval for utilization by federal employees, as revealed by three sources actively engaged in the deliberations surrounding the order.　　The spillover　　Bloomberg goes on to highlight that initial reports from last month raised concerns within the crypto industry, as it hinted at the potential classification of computational resources as a “national resource.” This classification might necessitate cloud

2023-10-28Bitcoin

Presyo ng ETH | Prediction ng Ethereum Presyo: Pinagsasama-sama ng ETH ang Mga Petsa na Mas Mababa sa $1,800

| Tradingview　　Price action beyond all three applied moving averages, starting with the 21-day Exponential Moving Average (EMA) (red), the 100-day EMA (blue), and the 200-day EMA (purple) encouraged traders to keep their positions open while investors fought the urge to jump on the slightest sign of profit.　　The falling wedge pattern breakout was also accompanied by a significant increase in trading volume, creating a perfect environment for a major rally.　　Ethereum price currency holds above the 38.2% Fibonacci retracement level, which bulls would be depending on to resume the uptrend.　　Traders should proceed with caution but not sell out of panic, considering the Relative Strength Index (RSI) shows signs of a pullback on the cards. If the RSI falls back into the neutral area from the overbought region, declines could ensue, with traders closing their positions to lock in the gains.　　The Ethereum Community Eyes Increased Scalability With The Dencun Upgrade　　The Ethereum community is looking forward to the release of the Dencun upgrade, expected to increase the blockchains stability, according to a report by Goldman Sachs (GS) on Thursday.　　According to the report, the upgrades “primary impact will be to increase its data availability for layer-2 rollups via proto-danksharding, resulting in a reduction of rollup

2023-10-28Industriya

Wells Fargo Says an American CBDC Could Be Designed, Approved and Launched in Three to Five Years

Strategists at a Wells Fargo subsidiary think the US could design and release a central bank digital currency (CBDC) within the next five years.　　In a new report, Wells Fargo Advisors head of real asset strategy John LaForge and investment strategy analyst Mason Mendez say that the US is studying the potential of a CBDC after President Joe Biden signed an executive order authorizing the Federal Reserve to begin looking into CBDC technology.　　We suspect it will be some years before a US CBDC is designed, approved, and used. Our best guess would be three to five years. The release of FedNow, a new fast payments program (not a blockchain-related technology) launched in July 2023, might give us some clues on the timeline, though.　　The Fed formally started studying the potential of FedNow in September 2013 – nearly 10 years before its release. While we are not expecting a CBDC release to take 10 years, we do believe it could be a few more years before a final design is reached.　　The Wells Fargo Advisors analysts say that debate over a potential US CBDC will only continue to increase.　　“CBDCs are programmable, which means that they have the potential to be tracked, monitored, and shut

2023-10-28Industriya

Bitcoin price to hit $125k by end of next year: Matrixport

Balita ng Ethereum ng Bitcoin　　Bitcoin (BTC) could rally to a high of $125k in late 2024 amid institutional adoption, Matrixport said in report.　　The crypto services provider‘s Bitcoin price prediction comes amid BTC’s surge to $35k.　　Spot Bitcoin ETF approval could be one of the catalysts of the bull market.　　Bitcoin‘s jump to above $35,000 this week came amid the crypto market’s latest spot Bitcoin ETF anticipation. This has the flagship cryptocurrecy looking at potentially printing the first consecutive weekly green candle since late July/early August when it went on to hit lows of $24,900 in September.　　BTC has notably retreated from the $35k level and is battling to strengthen above $33.5k as of Friday afternoon, October 27.　　What could drive Bitcoin price to $125k？　　While some analysts say the crypto could look to retest key support levels, crypto services platform Matrixport says in a new Bitcoin price prediction that the benchmark cryptocurrency could soar to $125,000 by the end of next year.　　The platform said in its latest research report that with Bitcoin in its fifth bull market, soaring institutional interest and potential price catalysts such as spot ETF could prove key to price gains.　　, the firm highlighted in a magpaskil sa X.　　The bullish perspective is

2023-10-28Bitcoin

ETH’s Breakout Chances Hindered by Supply Wall, Says Analyst

Balita ng Ethereum ng Bitcoin　　Cryptocurrency trader, analyst Ali revealed that there is a large supply wall in ETHs order books.　　According to the post, a vast amount of ETH positioned at $1,960 is preventing ETH from breaking out.　　At press time, the altcoin was trading hands at $1,788.47 after a 3.15% price drop over the past 24 hours.　　The cryptocurrency trader and analyst Ali revealed in an X post yesterday that there is currently a large supply wall hindering the chances of an Ethereum (ETH) breakout. According to the post, there is a supply wall of around 33 million ETH at $1,960.　　The leading altcoin suffered slightly over the past 24 hours of trading. According to data from the cryptocurrency market tracking website CoinMarketCap, ETH recorded a 3.15% loss throughout the past day of trading. This brought the cryptocurrency‘s price down to $1,788.47. Notably, the decrease in price was not enough to flip ETH’s weekly performance, as it still stood over 12.62%.　　From a technical perspective, ETH has been in a consolidation phase between $1,755 and $1,860 over the past few days. However, technical indicators on the altcoins daily chart suggested that it may break below this channel in the next 24-48 hours.　　Firstly, the daily

2023-10-28Ethereum

Ang illiquid supply ng Bitcoin ay umabot sa lahat ng oras na mataas na umabot sa 15.3 milyong BTC

The Bitcoin market is currently witnessing pivotal changes in its liquidity dynamics. With the illiquid supply reaching an all-time high at 15.3 million BTC, representing approximately 78% of the Bitcoin circulating supply, it suggests a growing pool of holders committed to their long-term Bitcoin investments.　　Concurrently, the liquid supply has retraced to 2012 levels at 1.3 million BTC. This decreasing trend implies a potential shift in the market‘s operating behavior, with more entities transitioning to longer-term holding strategies, thus joining the ranks of the ’illiquid entities.　　Furthermore, the highly liquid supply has seen a significant reduction over the past three years, down from 3.7 million BTC in March 2020 to the current 2.9 million BTC. This decline may signify a thinning of active traders or entities that rapidly move Bitcoin.　　These liquidity dynamics collectively hint at a constriction of Bitcoin‘s active supply. The combination of a growing illiquid supply and shrinking liquid and highly liquid supplies can create a ’short squeeze‘ scenario. This occurs when the market’s limited active supply struggles to satisfy trading demand, potentially triggering sharp upward price movements as traders scramble to cover their short positions.　　Liquid and Illiquid Supply: (Source: Glassnode)　　The post Bitcoin illiquid supply hits all-time high reaching 15.3

2023-10-28Bitcoin

Tech Titans Microsoft at Google Make AI Moves Down Under

Balita ng Ethereum ng Bitcoin　　Looking to bolster its technology sector with artificial intelligence, Australia is opening its doors to AI developers that are eager to expand into untapped markets.　　On Tuesday, tech giant Microsoft said the company is investing AUS$5 billion, around $3.2 billion, into the Oceanic country, according to a report by Reuters. This comes after Google said it would invest $1 billion in partnership with the Australian government.　　The Google deal, CNN Business reported, would include projects to protect the Great Barrier Reef and clean energy.　　As billions of dollars in investments shore up Australias AI capabilities and capacity, some say the regulatory landscape in America is meanwhile forcing AI developers to seek greener pastures in other regions.　　Australias fortunes are benefitting from the increasing regulatory headwinds for AI in the U.S., said Shanal Aggarwal, Chief Commercial Officer at application developer TechAhead.　　“The rules and regulations around AI in the U.S. are still a bit unclear. This uncertainty can make it hard for AI developers to know what they can and cannot do,” Aggarwal told I-decrypt.“When rules are too strict or confusing, it can push the AI developers to work in other countries instead of the U.S. because other places might have clearer

2023-10-28Industriya

Ang mga Presyo ng ETH at XRP ay Bumabawi habang ang Bitcoin Minetrix ay Malapit na sa $2.5m Milestone

The crypto market has seen a pullback in the last 24 hours, with Ethereum (ETH) and XRP (XRP) prices declining from recent highs.　　This cooling-off period has come after a week of bullish momentum for both coins, along with most major cryptocurrencies.　　Despite this downturn, Bitcoin Minetrix (BTCMTX) continues to gain traction as it nears a fundraising milestone of $2.5 million.　　Sharp Pullback for Ethereum as Profit-Taking Occurs　　Over the past day, ETH‘s price has returned to the $1,787 level – a 4% drop from Thursday’s high.　　The token‘s value had risen 20% in the seven days prior, briefly tapping $1,867 before today’s drop.　　Ethereums gains have been fueled by growing buzz surrounding a potential approval of a spot cryptocurrency ETF by the SEC　　The SEC recently acknowledged Grayscales application to convert its Ethereum trust into an ETF, which has been viewed as a positive sign for the crypto market.　　Meanwhile, according to data from Santiment, activity by Ethereum “whales” has spiked, with large transactions exceeding $100,000 reaching a three-month high.　　This suggests substantial accumulation from crypto “whales,” who are withdrawing ETH from exchanges in high amounts.　　As such, while Ethereum has cooled off slightly, investors remain optimistic that the underlying fundamentals and institutional interest could support a rebound soon.　　XRP

2023-10-28Industriya

...

265267

...

1000