Balita sa Industriya ng Crypto at Market Trends

Stock Futures Go Lower as Q3 Earnings Season Gains Steam

Tech　　Stock Futures Go Lower as Q3 Earnings Season Gains Steam　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The US stock futures were slightly down early this morning as the third-quarter earnings season gained momentum.　　According to reports, futures tied to the Dow Jones Industrial Average (INDEXDJX: .DJI) lost 46 points, or 0.13%, S&P 500 Index (INDEXSP: .INX) fell 0.13%, and Nasdaq 100 futures were also down 0.12%.　　US Stock Futures: Mondays Optimistic Performance　　During Mondays primary trading session, the major stock averages managed to close in the green, defying expectations as Treasury yields climbed higher. Typically, rising Treasury yields put downward pressure on equities, but in this instance, stocks posted gains. The 10-year U.S. Treasury yield rose by 7 basis points to 4.7% on Monday.　　However, its crucial to note that this yield is still more than 10 basis points lower than its recent 16-year highs from earlier this month. Small-cap stocks also saw an impressive rally on Monday, with the Russell 2000 rising by 1.6%.　　A significant driver of the optimism in the stock market is the ongoing corporate earnings season. A total of 53 companies in the S&P 500, which is about 11% of the index, are scheduled to report their results this week.　　Additionally,

2023-10-18Industriya

Ang inflation ng Consumer Price Index ng Canada ay lumambot sa 3.8% noong Setyembre kumpara sa 4% na pagtataya

Pananalapi　　Ang inflation ng Consumer Price Index ng Canada ay lumambot sa 3.8% noong Setyembre kumpara sa 4% na pagtataya　　6 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Inflation in Canada, as measured by the change in the Consumer Price Index (CPI), declined to 3.8% on a yearly basis in September from 4% in August. This reading came in below the market expectation of 4%.　　On a monthly basis, the CPI declined 0.1%, following the 0.4% increase recorded in August.　　In the meantime, the Bank of Canadas (BoC) annual Core CPI, which excludes volatile food and energy prices, increased 2.8%, compared to 3.3% in August.　　“The year-over-year deceleration was broad-based, stemming from lower prices for some travel-related services, durable goods and groceries,” Statistics Canada noted in its press release. “Offsetting the deceleration in the all-items CPI was a year-over-year increase in gasoline prices, which rose at a faster pace in September (+7.5%) compared with August (+0.8%) due to a base-year effect.”　　Market reaction to Canada inflation data　　Soft inflation data weighed on the Canadian Dollar with the immediate reaction. At the time of press, the USD/CAD pair was up 0.55% on the day at 1.3685.　　Presyo ng Canadian Dollar ngayon　　Ipinapakita ng talahanayan sa ibaba ang porsyento ng pagbabago ng

2023-10-18Industriya

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

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