Balita sa Industriya ng Crypto at Market Trends

Lingguhang Pagsusuri ng Cryptocurrency: Ang mga Altcoin ay Bawi At Pinagsama

Below are some of the cryptocurrencies that are currently in their respective bull markets. The best-performing altcoins are making gains, but they face significant resistance at a recent high.　　Cryptocurrencies will retrace above the moving average, indicating further upside. Others are falling within the moving average lines, allowing for further volatility in cryptocurrencies.　　Bonk　　The price of Bonk (BONK) is in a sideways trend. Since December 14, 2023, the cryptocurrency value has risen from a low to a high price and vice versa. In other words, the price of the altcoin has been hovering between $0.00001000 and $0.00003500. Today, the rising trend is reversing after hitting resistance at $0.00002700.　　Should the bears drop below the 50-day SMA, selling pressure will approach the previous low of $0.00001500 or $0.00001300. Meanwhile, the value of BONK stands at $0.00002371. It has the following characteristics and is the best performing coin.　　Kasalukuyang presyo: $ 0.00002379　　Market capitalization: $2.23B　　Dami ng kalakalan: $421.31M　　7-araw na pakinabang: 60.39%　　Pepe　　The price of Pepe (PEPE) has recovered from its previous decline and is now in a bull market. The altcoin rallied to the $0.00001100 resistance zone but was pushed back. Buyers were unable to sustain the positive momentum above the current high as the altcoin fell back

2024-04-29Industriya

Isinasama ni Franklin Templeton ang P2P functionality para sa on-chain na government securities fund nito

Isinasama ni Franklin Templeton ang P2P functionality para sa on-chain na government securities fund nito　　Franklin Templeton, the company that manages over $1.6 trillion in assets, announced this week that shareholders of the Franklin OnChain US Government Money Fund (FOBXX) can now transfer shares directly to one another using the public blockchain.　　The FOBXX fund, launched in 2021, is a pioneer in utilizing blockchain technology for transaction processing and share ownership recording. The fund initially employed the Stellar blockchain network through a proprietary system for these transactions. Since last April, its been additionally supported on the Polygon blockchain.　　Each share of the Fund is equivalent to one BENJI token, with the transfer agent keeping the official share ownership records, Franklin Templeton shared in the press release. As of the end of March 2024, the funds assets under management surpassed $360 million.　　“We are excited that BENJI token holders will have the ability to transfer shares amongst each other,” stated Roger Bayston, Head of Digital Assets at Franklin Templeton. “Eventually, we hope for assets built on blockchain rails, such as the Franklin OnChain U.S. Government Money Fund, to work seamlessly with the rest of the digital asset ecosystem.”　　According to Franklin Templeton, the FOBXX fund aims

2024-04-29Industriya

Umalis ang zkSNACKs sa US Market Sa gitna ng mga Patuloy na Isyu sa Regulasyon

Umalis ang zkSNACKs sa US Market Sa gitna ng mga Patuloy na Isyu sa Regulasyon　　zkSNACKs has begun denying access to its services to those residing in the U.S. 　　The recent move comes on the backdrop of the arrest of co-founders of Samourai Wallet.　　The zkSNACKs platform is now inaccessible to users in the US due to regulatory issues. The developer of the privacy-enhancing Bitcoin wallet Wasabi Wallet, zkSNACKs, has begun denying access to its services to those residing in the United States.　　Some users are unable to access the zkSNACKs website, which prevents them from downloading and using Wasabi Wallet and any associated services, including RPC interfaces and APIs. The platform implemented an IP address firewall to do this.　　Pagtaas ng Pangangasiwa ng Pagsisiyasat　　Though the developer remained mum on the subject, rumors have circulated that the two founders of Samourai were arrested around the same time as the policy change and retraction.　　Moreover, Keonne Rodriguez and William Lonergan Hill, co-founders of the cryptocurrency mixing service Samourai Wallet, were accused by the United States Department of Justice (DOJ) of laundering $100 million.　　Furthermore, according to the legal measures taken against the duo, a maximum of 20 years in jail is conceivable for the conspiracy to conduct

2024-04-28Industriya

Ang US Agency DTCC ay Gumagawa ng Bagong Desisyon sa Bitcoin at Cryptocurrency na mga ETF: Ibinaba ang Kritikal na Halaga sa Zero

Bitcoin　　Ang US Agency DTCC ay Gumagawa ng Bagong Desisyon sa Bitcoin at Cryptocurrency na mga ETF: Ibinaba ang Kritikal na Halaga sa Zero　　Depository Trust and Clearing Corporation (DTCC), a major financial services giant, has made an important decision regarding exchange-traded funds (ETFs) with exposure to Bitcoin and other cryptocurrencies. Effective April 30, 2024, DTCC will no longer allocate any collateral to ETFs containing Bitcoin or other cryptocurrencies as underlying assets.　　This means that these securities will face a 100% cut-off rate and as a result, no collateral value will be assigned.　　This concept, called haircut, deduction (rate), margin rate, shave or risk margin in financial markets, is defined as the risk premium paid to prevent the lender from being victimized in case the collateral loses value.　　This decision was welcomed by Caitlin Long, CEO and founder of Custodia Bank. “Im okay with this because it reduces the leverage-based financialization games that Wall Street can play. These forces would blame Bitcoin for the inevitable problems even though it has nothing to do with Bitcoin itself. This is a healthy decision,” Long said. said.　　*Hindi ito payo sa pamumuhunan.

2024-04-28Industriya

Real damage incoming: Recession probability extremely elevated

“The yield curve steepening is when well see the real damage that was done from the tightening. Probability of a recession later this year is still extremely elevated,” the platform said.　　The yield curve, tracking the difference between short-term and long-term interest rates on government bonds, can provide insights into investor sentiment and expectations about the economys future performance.　　Other economic indicators raise concerns　　According to the platform, recession fears resonate with concerns echoed by many financial analysts, suggesting that the Feds efforts to engineer a soft landing for the economy may not be succeeding as hoped.　　Other economic indicators, in addition to the yield curve, have raised concerns about the health of the US economy. For instance, when measured annually, the real gross domestic product (GDP) for the first quarter of 2024 showed a 1.6% increase compared to the fourth quarter of 2023.　　However, this expansion was at its slowest pace since the second quarter of 2022, reflecting a significant slowdown from 2023s surprising rapid recovery.　　Interestingly, following the release of the GDP data, some market players believe the economy is already in trouble. As reported by Finbold, Robert Kiyosaki, author of the renowned book pointed out that the GDP data signals the economy is

2024-04-28Industriya

Daily Market Review: ETH, W, OP, UNI, GRT

Todays market session has seen bears control markets due to movements in the global market cap. The total cap stood at $2.33T as of press time, representing a 1.8% decrease over the last 24 hours. The trading volume also dropped by 20% within the same period to stand at $63.18B.　　Pagsusuri ng Presyo ng Ethereum　　Ethereum (ETH) has fallen prey to todays bear sentiment, as evidenced by its price movement. In-depth analysis shows that the Bollinger Bands, which seem to be narrowing, indicate decreased volatility. The Ethereum price fluctuates around the middle SMA band, suggesting a lack of strong bullish or bearish momentum.　　On the other hand, the Money Flow Index (MFI) is around 42, which is in the neutral territory, neither indicating overbought nor oversold conditions. As of press time, the Ethereum price stood at $3,173, representing a 1.3% increase from its previous 24-hour price.　　4 na oras na ETH/USD Chart | Pinagmulan: TradingViewPagsusuri sa Presyo ng Wormhole　　Wormhole (W) is another gainer in todays session as it emerges among the top gainers. Looking at an in-depth analysis, we see that Wormhole price charts display the Alligator indicator with the jaw, teeth, and lips lines, showing a sideways movement, as the lines are intertwined,

2024-04-28Ethereum

Ethereum (ETH) Pagdurog ng Bitcoin (BTC) na may 6% Price Spike

Bitcoin Ethereum　　Ethereum (ETH) Pagdurog ng Bitcoin (BTC) na may 6% Price Spike　　Nilalaman　　Isang pangunahing antas ng paglaban　　Major headwinds　　Ang presyo ng Ethereum, the second-largest cryptocurrency, has surged more than 6% over the past 24 hours.　　ETH is currently trading at $3,320 on major spot exchanges, according to data provided by CoinGecko.　　Bitcoins dominance is currently sitting slightly above the 50% level.　　The ETH/BTC pair is currency sitting at 0.051 BTC after peaking at 0.052 BTC earlier today. The pair is now up nearly 13% over the past two weeks alone. However, the pair is still down 15% from its 2024 peak of 0.061 BTC that was achieved on Jan. 12.　　Isang pangunahing antas ng paglaban　　According to the 100eyes Crypto Scanner account, the second-largest cryptocurrency has now approached a key horizontal resistance at the $3,300 level.　　The largest altcoin came close to surpassing this resistance level on Apr. 24. However, this attempt resulted in a significant correction.　　Major headwinds　　Ethereums price recovery came despite the fact that Consensys, the key backer of the second-largest cryptocurrency network, recently mademanda the U.S. Securities and Exchange Commission after receiving a Wells notice from the regulator.　　The SEC wants to expand its jurisdiction by classifying the flagship altcoin as a security, the firm alleges.

2024-04-28Industriya

The Decisive Shift in Global Finance: The Unstoppable Rise of Bitcoin in Emerging Markets

The Decisive Shift in Global Finance: The Unstoppable Rise of Bitcoin in Emerging Markets　　In a world constantly evolving through technology, a significant revolution is unfolding in the financial landscapes of emerging economies such as Nigeria and the UAE. The recent findings from Elastos inaugural BIT Index highlight a pivotal shift: these nations are not just embracing Bitcoin, they are setting new benchmarks for its daily use and trust, far outpacing traditional financial systems.　　Bitcoins Stronghold in Nigeria and the UAE　　According to the BIT Index, a remarkable 23% of Nigerians and 20% of UAE residents now use Bitcoin daily. This adoption rate starkly contrasts with more established economies like Germany (8%) and the UK (9%), painting a clear picture of how emerging markets are leading the cryptocurrency charge. Furthermore, a staggering 67% of Nigerian participants trust Bitcoin over traditional entities like banks or government for safeguarding their life savings.　　Trust and Usage: A New Financial Era　　The data unearthed by Elastos is not merely statistical; it narrates the beginning of a new financial doctrine. In Nigeria, 66% of respondents trust Bitcoin over traditional systems for online transactions, demonstrating a significant paradigm shift in financial trust and security perspectives.　　The UAE and Nigeria are increasingly embracing

2024-04-28Industriya

Ang CEO na Nagtayo ng isang Giant Science Company na may Ethereum Earnings ay Gumagawa ng mga Bagong Trade, Ayon sa On-Chain Data

Ethereum　　Ang CEO na Nagtayo ng isang Giant Science Company na may Ethereum Earnings ay Gumagawa ng mga Bagong Trade, Ayon sa On-Chain Data　　Balita ng Ethereum ng Bitcoin　　James Fickel, founder of the science and technology-focused Amaranth Foundation and early Ethereum investor, made a significant move in the cryptocurrency market, spending 24.7 million USDC to purchase 7,814 ETH at a price of approximately $3,161 per ETH in 40 minutes.　　This move is part of a larger strategy by Fickel, who currently funds 128,516 ETH (valued at $404 million) and 40.97 million USDC into the Aave platform. Fickel has also held a long position in the ETH/BTC trading pair since December 2023, borrowing 2,266 WBTC (worth $146 million).　　In other whale news, a crypto whale deposited a significant amount of 1,200 BTC (worth $77.67 million) to the Kraken exchange 43 minutes ago. This whale has been actively accumulating BTC, with a total of 24,755 BTC (worth $1.68 billion) purchased from March 1 to April 15 at an average price of $68,051.　　In another significant move, Metalphas multisig wallet allegedly withdrew 11,472 ETH (worth $35.99 million) from Binance at a price of $3,137 per ETH. Remarkably, last month this multisig wallet deposited 13,427 ETH to Binance at

2024-04-28Ethereum

BlockDAG Excels With $1 A Day Proposition With X1 Mobile Mining App, Surpassing ETH & TRONs Market Enthusiasm

Ethereum　　BlockDAG Excels Na May $1 A Day Proposition Sa X1 Mobile Mining App, Nahihigitan ang ETH s Market Enthusiasm　　Balita ng Ethereum ng Bitcoin　　Amidst the fluctuating prices of TRON and the unpredictability surrounding Ethereum, BlockDAG emerges as a standout asset with its X1 mobile mining app, capable of mining up to 20 BDAG coins without overspending a phone battery. This innovative tool enables efficient mining of BDAG coins directly from smartphones, offering a groundbreaking solution in the crypto landscape. The anticipation around BlockDAG has intensified following a teaser for an upcoming keynote video from the moon, positioning it as a dominant force in the cryptocurrency market.　　TRON (TRX) Demonstrates Market Resilience　　TRONs value has demonstrated resilience, maintaining levels above $0.10 despite recent market volatility. After a brief dip, TRON rebounded, stabilizing between $0.108 and $0.116, and is now targeting higher resistance levels. This upward trajectory indicates a potential rise to $0.144, with aspirations to breach even higher marks, underlining its attractiveness.　　Ethereum Faces Ongoing Volatility　　Ethereum continues to experience significant volatility, influenced by large-scale holders. Despite these fluctuations, Ethereum retains a bullish long-term outlook from many analysts. The market‘s dynamic nature suggests uncertainty, yet Ethereum’s foundational strength and adoption continue to drive interest, maintaining its

2024-04-28Ethereum

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