Balita sa Industriya ng Crypto at Market Trends

Binasag ni Mike Novogratz ang Kanyang Katahimikan sa Pagbagsak ng LUNA - BitcoinEthereumNews.com

Alex Dovbnya　　Sa wakas ay natimbang na ni Mike Novogratz ang pagbagsak ng LUNA　　Galaxy Digital CEO Mike Novogratz, isa sa mga nangungunang tagapagtaguyod ng nabigong LUNA token, sa wakas ay natimbang sa pagbagsak ng token sa isang kamakailang liham ng shareholder. nSinabi ni Novogratz, na tahimik sa Twitter nitong nakaraang linggo, na abala siya sa pagmuni-muni sa ekonomiya at industriya ng cryptocurrency.　　Sinabi niya na ang algorithmic UST stablecoin, na nawala ang peg nito mas maaga sa buwang ito, ay isang malaking ideya na nabigo.　　Sinabi ni Novogratz na ang Galaxy ay namuhunan sa Luna noong ikaapat na quarter ng 2020. Noong Enero, ipinagmamalaki niyang ipinakita ang kanyang tattoo na nakatuon sa high-flying cryptocurrency. Matapos ang pagsabog ng token, malawak na kinutya si Novogratz para sa kanyang over-the-top na promosyon ng proyektong cryptocurrency. Ang aking tattoo ay magiging isang palaging paalala na ang venture investing ay nangangailangan ng pagpapakumbaba, sabi ng bilyonaryo.　　Ang presyo ng token ng pamamahala ay tumaas sa $118 bago bumagsak sa pangkalahatang bearishness sa merkado ng crypto dahil sa hindi kanais-nais na mga kondisyon ng macro. Ipinaliwanag ng bilyunaryo na ang pababang pressure sa Bitcoin, ang reserbang asset ng Luna Foundation Guard foundation, at mga withdrawal ng UST ay nag-trigger

2022-05-19Industriya

Russia will soon legalize crypto payments: trade minister - BitcoinEthereumNews.com

cryptoMalapit nang gawing legal ng Russia ang mga pagbabayad ng crypto: ministro ng kalakalan 05 / 19 / 2022Balita ng Ethereum ng Bitcoin　　According to Denis Manturov, the Russian Federations Ministry of Industry and Trade, crypto payments will be legalized “sooner or later.”　　“The question is when, how, and under what circumstances this will take place. Both the Central Bank and the government are now actively involved in this,” said Denis Manturov, the trade minister.　　Russias crypto plan　　Throughout 2022, the government will investigate different crypto adoption strategies, although no definitive regulatory policy on digital asset payments has been finalized.　　However, Russias finance ministry supported its legality in its April bill “On Digital Currency.”　　Manturov was questioned about authorized crypto payments at the New Horizon educational forum this week, He said:　　“Yes, I believe so. The question is when, how, and under what conditions this will occur. The Central Bank and the government are now both actively involved in this. But everyone seems to grasp that this is a current trend that will be carried out sooner or later in some form or another.”　　Central Bank of Russia against legalizing crypto　　Until recently, the Central Bank of Russia (CBR) and the Ministry of Finance held completely opposite views on

2022-05-19Industriya

Critics Blast Do Kwon, Saying Terra Could Have Saved LUNA By Burning 6.5T Coins With $1.3 Billion Reserves - BitcoinEthereumNews.com

TeknolohiyaCritics Blast Do Kwon, Saying Terra Could Have Saved LUNA By Burning 6.5T Coins With $1.3 Billion Reserves05 / 19 / 2022Balita ng Ethereum ng Bitcoin- Advertising -　　Do Kwon And Terra Could Have Saved LUNA With The $1.3 Billion Reserve But They Did Everything Wrong.　　The troubles facing Terra Luna and UST continue to spark heated debates and conversations within the crypto community. LUNA was once a great project that has now turned into dust.　　Some are already pointing fingers at Terraform Labs and Do Kwon, claiming that the two entities, with Do Kwon being the companys leader and de facto owner, had played a part in fleecing investors of billions of dollars that were turned into penies when Luna and UST crashed.　　A reddit post has now surfaced, with the Critic detailing what they think could have been the ultimate steps taken that could have saved LUNA and UST from the current predicament.　　Apparently, the Luna Foundation Guard (LFG) held around $1.3 billion in reserves meant to keep the Luna and UST market stable. At prices estimated at $0.0002, this fund could have bought roughly 6.5 Trillion Luna to be burned and possibly sparked a price upswing to reverse the damage.　　“Victims Of Their

2022-05-19Industriya

Jack Dorsey Says Bitcoin Remains the Only Candidate for Native Internet Currency - BitcoinEthereumNews.com

BitcoinJack Dorsey Says Bitcoin Remains the Only Candidate for Native Internet Currency05 / 19 / 2022Balita ng Ethereum ng Bitcoin　　Being more bullish on Bitcoin than other cryptocurrencies, Jack Dorsey made deliberations on the evolution of the Block company and the role of Bitcoin in its fate.　　Jack Dorsey, the CEO and co-founder of San Francisco-based company Block, has expressed his unrelenting belief in the potential of Bitcoin as he calls it the “only candidate” for native internet currency.　　Since 2017, the company held its first investor day after 5 years, where the executives made assertions that the firm should be valued as an “ecosystem”, claiming it has grown beyond just a payment company.　　Bitcoins Role in the Future of Block　　According to a recent report from CNBC, the event saw Jack Dorsey making a case for Bitcoin as to its relevance in the future of Block. Being more bullish on Bitcoin than other cryptocurrencies, Jack Dorsey made deliberations on the evolution of the company and the role of Bitcoin in its fate.　　Apparently, the company believes that crypto is a secular trend where it could exclusively fit well although Bitcoin could only account for about 5% of its gross profits as of the end of

2022-05-19Bitcoin

Will Burning Excess LUNA tokens Really Impact the Price After it Failed Miserably with SHIB & ETH Price? - BitcoinEthereumNews.com

EthereumTalaga bang Makaaapekto sa Presyo ang Pagsunog ng Labis na mga token ng LUNA Matapos itong Mabigo sa Presyo ng SHIB at ETH？05 / 19 / 2022Balita ng Ethereum ng Bitcoin　　The Shiba INU platform to stabilize the SHIB price had earlier introduced a burn mechanism after Ethereums ETH 2.0 with EIP 1559 upgrade went operational. However, the burn mechanism does not appear to have fueled the price rally as both SHIB price and ETH price are drowning in the same bearish well, despite the fact that the tokens continue to burn as per the algorithm.　　Recently, Shiba INU recorded a milestone of burning nearly 12.6 billion SHIB tokens in a day worth nearly $123,551. Despite the burn rate spiked by more than 5000% yet, the price remained largely un-impacted. A similar instance has been recorded with the Presyo ng ETH. According to the burn portal, more than 2,340,000 ETH has been burnt since its inception. Moreover, the burnt tokens were far ahead of the tokens issued on the same day.　　Therefore, when the burn mechanism has not led to any major impact on the second-largest token, Ethereum and the most popular memecoin Shiba INU, How fine will it be for the LUNA

2022-05-19Ethereum

2 key Ethereum price metrics suggest traders will struggle to hold the $2K support level - BitcoinEthereumNews.com

EthereumAng 2 pangunahing sukatan ng presyo ng Ethereum ay nagmumungkahi na ang mga mangangalakal ay mahihirapang hawakan ang $2K na antas ng suporta05 / 19 / 2022Balita ng Ethereum ng Bitcoin　　Ether (ETH) price has been trying to establish an ascending chanel since the May 12 market-wide crash that sent its price to $1,790. Currently, the altcoins support stands at $2,000, but the high correlation to traditional markets is causing traders to be highly skeptical s cryptocurrency market recovery.　　Sa ngayon, ang Federal Reserve ay patuloy na nagdidikta sa pagganap ng mga merkado at ang kawalan ng katiyakan ay ang nangingibabaw na damdamin dahil ang mga sentral na bangko ng mga pangunahing ekonomiya ay nagsisikap na paamuin ang inflation. Isinasaalang-alang na ang ugnayan sa pagitan ng mga merkado ng crypto at ang index ng S&P 500 ay nasa itaas ng 0.85 mula noong Marso 29, malamang na hindi gaanong hilig ang mga mangangalakal na tumaya sa Ether decoupling mula sa mas malawak na mga merkado anumang oras sa lalong madaling panahon.　　Currently, the correlation metric ranges from a -1, meaning select markets move in opposite directions to a +1, a perfect and symmetrical movement. Meanwhile, 0 would show disparity or a lack of

2022-05-19Ethereum

Two Ethereum Rivals Are Far Outperforming ETH in Pair of Key Metrics, Says Venture Capital Giant Andreessen Horowitz - BitcoinEthereumNews.com

EthereumDalawang Karibal sa Ethereum ay Malayong Nahihigitan ang ETH sa Pares ng Mga Pangunahing Sukatan, Sabi ng Venture Capital Giant Andreessen Horowitz05 / 19 / 2022Balita ng Ethereum ng Bitcoin　　Two altcoins are crushing Ethereum (ETH) in terms of active addresses and daily transactions, according to a new report from venture capital giant Andreessen Horowitz (a16z).　　The venture capital firm looked at active addresses measured over a 30-day period as of May 12th, Ethereum had 5.5 million, compared to 9.4 million for Binance Chains Binance Coin (BNB) and a whopping 15.4 million for Solana (SOL).　　Andreesen Horowitz also sinisiyasat daily transactions, looking at the 30-day average. As of May 12th, ETH had 1.1 million, compared to 5 million for BNB and 15.3 million for SOL.　　Ethereum, however, has a far higher demand for block space. The leading smart contract platform by market cap witnessed more than $15 million worth of transaction fees over a seven-day average, compared to about $1.3 million for BNB Chain and only $62,041 for Solana.　　The firm also found that Ethereum easily attracts the most developers out of the three blockchain ecosystems.　　“Ethereums popularity is also a double-edged sword. Because Ethereum has historically prized decentralization over scaling, other blockchains have been able

2022-05-19Ethereum

What Is Tether? Will It Fall Like UST In The Future? - BitcoinEthereumNews.com

TeknolohiyaAno ang Tether？ Babagsak ba Ito Tulad ng UST Sa Kinabukasan？05 / 19 / 2022Balita ng Ethereum ng Bitcoin　　Cryptocurrencies are highly pabagu-bago ng isip, making it difficult for holders to preserve asset value. Its safe to mention that digital assets are a great way to transfer money to friends/family in different countries. However, sending cryptocurrencies has numerous risks due to rapid price changes. This made it necessary for experts to create a cryptocurrency pegged to a real currency. One of the most significant advantages of fiat currency is stability. Fiat is stable even over a long period. However, excessive paper money printing can affect its value in the long run. The American dollar is one of the most popular fiat currencies due to its stability and acceptance. Many stablecoins, such as Tether, have been pegged to the USD, making them more stable. Stability also makes them an efficient way to preserve value, especially when sending USDT abroad.　　What is USD Tether (USDT)？Sumali sa Chat Discord　　USDT is a popular stablecoin on numerous blockchains, including Ethereum and Tron. The primary purpose of Tether is to mimic the USD, so even when the dollar grows in value, USDT also grows. According to the company,

2022-05-19Industriya

Universal Music Group ties with LimeWire to make music NFTs mainstream - BitcoinEthereumNews.com

TeknolohiyaNakipag-ugnayan ang Universal Music Group sa LimeWire para gawing mainstream ang mga NFT ng musika05 / 19 / 2022Balita ng Ethereum ng Bitcoin　　Universal Music Group (UMG) has entered a strategic deal with LimeWire, a digital collectibles marketplace. LimeWire revealed this news yesterday through a press release, noting that this partnership involves non-fungible tokens (NFTs). Specifically, this deal will see both companies strive to make digital music collectibles more accessible.　　Ayon sa pahayag, this collaboration will see UMG artists and record labels access LimeWires Algorand-based NFT marketplace. The marketplace will serve as an additional platform for the artists and labels to explore various ways to engage with fans through digital collectibles and the web3 ecosystem.　　Moreover, the marketplace will help UMG artists and labels create new revenue streams.　　This agreement saw UMG offer LimeWire licenses to let it partner with its artists. This provision helps streamline the launch of inovative music-based NFT projects through the LimeWire marketplace.　　Commenting on this collaboration, LimeWire co-CEOs Paul and Julian Zehetmayr said,　　“We see this partnership as a true demonstration of the pace at which the music industry is embracing Web3. We‘re thrilled to open up the LimeWire NFT ecosystem to Universal Music Group artists and fans and can’t wait

2022-05-19Industriya

Make or Break as Near Protocol (NEAR) Holds on at Support of Long-Term Channel - BitcoinEthereumNews.com

TeknolohiyaMake or Break as Near Protocol (NEAR) Holds on at Support of Long-Term Chanel05 / 19 / 2022Balita ng Ethereum ng Bitcoin　　Despite bouncing at a confluence of long-term support levels, technical indicators for Malapit sa Protocol (NEAR) do not show any bullish reversal signs.　　NEAR has been falling since reaching an all-time high price of $20.59 on Jan. 14. The price created a lower high on April 8 and has been falling at an accelerated rate since.　　It is possible that the entire downward movement has been contained inside a descending parallel chanel. Such chanels usually contain corrective structures.　　If the chanel is in place, then the price bounced at its support line on May 11. The bounce also coincided with the $6.40 horizontal support area. As a result of this confluence, the $6.40 region is considered to be a very strong support area. A breakdown from it could be the catalyst for the acceleration of the downward movement.　　However, despite the slight bounce, technical indicators are bearish. This is especially visible in the weekly RSI, which has decreased below 50 (red icon). Even though the indicator is now in oversold territory, it has not generated any bullish divergence.　　NEAR/USDT Chart By TradingView　　Negosyante ng Cryptocurrency

2022-05-19Industriya

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