Pinakabagong Balita sa Crypto at Market Updates

Tumaas ng 21% ang Injective Price noong Disyembre at Naabot ang YTD High; Anong sunod?

Injective price prediction says the rally has just begun and more scope for upside is open. The bulls look more aggressive as compared to the bears, so positive momentum may continue in the coming months.　　The INJ crypto price is racing toward the supply zone of $25.00, which might act as a barrier for the bulls. If the buyers succeed in taking control over the $25.00 supply zone, it will trigger another phase of the rally.　　The analysis suggests that as long as the INJ price holds the $18 level, the bulls will continue their dominance, and the probability of a breakout remains high.　　INJ Price Bullish on Multiple Timeframes　　The INJ price has turned bullish on a daily, weekly, and monthly time frame chart. It boosted the confidence of the existing investors and also attracted the attention of new participants.　　The chart pattern is highly bullish and no signs of weakness are visible. The MACD curve of INJ crypto sustains above the zero line and pointing north indicates bullish momentum may continue. Whereas, the RSI at 68 near the overbought territory tells us that the price may witness minor profit booking.　　Konklusyon　　The Injective token price prediction is highly bullish for 2024 and suggests new highs

2023-12-11Industriya

Bitcoin price correction hints start of altseason, trader suggests

Bitcoin　　Bitcoin price correction hints start of altseason, trader suggests　　The Bitcoin (BTC) price recorded a sharp correction on Dec. 11, dipping 7% and wiping out the gains of the past seven days. The strong price correction pushed BTC to a four-month low of $41,329.　　A decline in prices of altcoins followed the Bitcoin price correction, many of which recorded double-digit drops. However, market pundits and analysts believe the recent price crash is a part of the ongoing price cycle, and after two months of bullish surge, a correction is no surprise.　　Crypto analyst and co-founder of Reflexivity Research Will Clemente said that correction and market volatility shake out weak hands and cool the highly leveraged crypto markets.　　BTC just ~doubled in 2 months with no pull backs, a correction is not that surprising.　　Corrections shake out “weak hands” and leverage, allowing for a stronger foundation for eventual moves higher.　　Bitcoins volatility is a feature, not a bug.　　Chill with the leverage https://t.co/BdvvS8KDZU　　— Will (@WClementeIII) Disyembre 11, 2023　　Crypto trader Remen wrote in an X (formerly Twitter) post that he believes the recent dump could push altcoins into another bull run. He added that it will take a long period of chops for Bitcoin to resume an uptrend, as

2023-12-11Industriya

Nakipagsosyo ang Giant Bitcoin Exchange sa Crypto Company na Conia para Pumasok sa Italian Banking Sector!

Balita ng Ethereum ng Bitcoin　　The new partnership between Conio, a crypto wallet provider backed by Poste Italiane and Banca Generali, and Coinbase, the largest US crypto exchange, aims to bring more digital assets to the Italian banking sector.　　Conio and Coinbase Join Forces to Offer Crypto Services to Italian Banks　　The two companies announced today that they will work together to provide liquidity and custody solutions to institutions that want to offer crypto products to their customers.　　Conio, which has over 400,000 users, will expand wallet support to include up to 50 tokens by the end of 2023, using Coinbase Prime as its liquidity provider.　　Conio, which was founded in 2015 and claims to have produced the first multi-Bitcoin wallet for smartphones in Italy, is also involved in the Euro Token project, an initiative led by the Bank of Italy to explore the potential of issuing a digital euro on the blockchain.　　Orlando Merone, Conios chief executive, said the company was expanding its custody capabilities to meet demand from Italian banks looking to get more into the digital assets market.　　He added that Conio has added support for Ethereum Virtual Machine (EVM) chains, which are compatible with the Ethereum network and host many popular tokens and

2023-12-11Industriya

Solana memecoin Bonk flips Pepe following 370% monthly gain

TA Solana-based dog-themed memecoin called Bonk (BONK) has now become the third-largest memecoin by market capitalization, surging past that of fellow memecoin Pepe (PEPE) on Dec. 8.　　Bonk‘s recent price growth — 370% in the last month — has seen its market cap grow to $762 million, compared to Pepe’s current $675 million market cap, per CoinGecko data.　　In the past 30 days, BONK has grown from $0.0000028 to $0.000012 as traders rushed to capitalize on a new wave of interest in the Solana ecosystem.　　Bonks rapid uptick in price also outpaced the growth of other more well-established dog memecoins such as Shiba (SHIB) and Dogecoin (DOGE), which posted respective gains of 20% and 35% in the same time frame.　　At the time of publication, Bonk has become the third-largest memecoin, coming in behind the second-largest Shiba Inu, and the largest, Dogecoin, which command market caps of $6 billion and $14.4 billion, respectively.　　Bonk‘s gains can be attributed to several factors, including being listed on centralized exchanges such as Binance and KuCoin. Additionally, futures data shows a sizeable increase in open interest over the past month, meaning that traders are buying and selling high volumes of Bonk derivatives, which only add to the volatility of

2023-12-11Industriya

Australian Dollar extends its losses on a negative sentiment

Balita ng Ethereum ng Bitcoin　　balita ng 以太坊 ng 比特币　　Australian Dollar continues to move downward on the firm US Dollar.　　澳元继续因美元坚挺而下跌。　　Australias chief policymaker Michele Bullock will deliver a speech on Tuesday.　　澳大利亚首席政策制定者米歇尔·布洛克将于周二发表讲话。　　Chinas CPI declined by 0.5% in November both monthly and yearly.　　11月份中国cpi环比下降0.5%，同比下降0.5%。　　US NFP rose by 199,000 in November against the previous rise of 150,000.　　美国 11 月份 nfp 增加 199,000，前值增加 150,000。　　The Australian Dollar (AUD) seems to extend its losses on Monday. The robust employment figures in the United States (US) bolstered the Greenback on Friday, exerting downward pressure on the AUD/USD pair. Furthermore, worries about deflation in China, coupled with a Consumer Price Index (CPI) and Producer Price Index (PPI) that fell short of expectations, contributed to a selling spree on the Australian Dollar (AUD).　　澳元（aud）周一似乎延续跌势。美国强劲的就业数据周五提振了美元，给澳元/美元带来下行压力。此外，对中国通货紧缩的担忧，加上消费者价格指数（cpi）和生产者价格指数（ppi）低于预期，导致澳元（aud）遭到抛售。　　Australias chief policymaker Michele Bullock, the Governor of the Reserve Bank of Australia (RBA), is scheduled to deliver a speech on Tuesday. The RBA opted to maintain the cash rate at 4.35% at its December meeting. While the RBA maintains a tightening bias, recent economic indicators suggest a likelihood of no further rate hikes in the near future.　　澳大利亚首席政策制定者、澳大利亚储备银行（rba）行长米歇尔·布洛克定于周二发表讲话。澳大利亚央行在 12 月会议上选择将现金利率维持在 4.35%。尽管澳洲联储维持紧缩倾向，但近期经济指标表明近期可能不会进一步加息。　　US Bureau of Labor Statistics (BLS) revealed on Friday that Novembers US Nonfarm Payrolls (NFP) exceeded market forecasts. Simultaneously, the

2023-12-11Industriya

UK NAO Criticizes FCA Over Delayed Action on Crypto Sector

Balita ng Ethereum ng Bitcoin　　The NAO asserts that the lack of dedicated crypto staff is to blame.　　The FCA took longer than anticipated to register crypto-asset enterprises as per NAO.　　The United Kingdom‘s National Audit Office (NAO) has voiced doubts over the FCA’s ability to effectively oversee the cryptocurrency market.　　According to the NAOs latest report, “Financial services regulation: adapting to change,” the FCA is allegedly dragging its feet when it comes to responding to and prosecuting illegal activity inside the cryptocurrency sector.　　Lack of Dedicated Crypto Staff　　According to the NAO, the FCA waited almost three years before taking action against the illicit operators of cryptocurrency ATMs. According to reports from July, 26 cryptocurrency ATMs were taken down in the UK by the FCA as part of a coordinated probe.　　However, according to the NAO:　　Bagamat ang FCA ay nag-aatas sa mga crypto-asset firms na sumunod sa mga regulasyon laban sa money laundering mula noong Enero 2020, at sinimulan ang gawaing pangangasiwa kabilang ang pakikipag-ugnayan sa mga hindi rehistradong kumpanya, hindi ito nagsimulang magsagawa ng pagkilos laban sa mga ilegal na operator ng mga crypto ATM hanggang Pebrero 2023.　　The NAO asserts that the lack of dedicated crypto staff is to blame for the FCAs sluggish processing

2023-12-11Industriya

Bitcoin’s vulnerabilities now being tracked by the United States

Balita ng Ethereum ng Bitcoin　　The United States has taken a keen interest in the cybersecurity aspects of Bitcoin, particularly focusing on a vulnerability that emerged with the Ordinals Protocol in 2022.　　The National Vulnerability Database (NVD), under the watch of the National Institute of Standards and Technology (NIST), a branch of the U.S. Department of Commerce, has flagged this issue for public awareness.　　This move underscores the increasing attention that government agencies are paying to the security dimensions of cryptocurrencies.　　Uncovering the vulnerability　　At the heart of this development is a specific vulnerability within Bitcoins infrastructure, identified in certain versions of Bitcoin Core and Bitcoin Knots. This flaw allows for the bypassing of the datacarrier limit by disguising data as code.　　In real-world terms, this means that the Bitcoin network could be spammed with non-transactional data, potentially clogging the blockchain, which in turn could impact its performance and transaction fees. This is not just a theoretical concern; the issue has been exploited, as seen with the Ordinals inscriptions in 2022 and 2023.　　Ordinals, which gained popularity in late 2022, involve embedding additional data onto a satoshi, the smallest Bitcoin unit. This can range from images to text, making each satoshi unique and similar in concept to

2023-12-11Bitcoin

Inihayag ni Vladimir Putin ang kanyang mga alalahanin tungkol sa Western financial system

Russian President Vladimir Putin recently shared his views on the Western financial system, characterizing it as “decades-old” and predominantly controlled by the dollar and euro. His remarks, made during the “Russia Calling” forum in Moscow, shed light on the evolving dynamics in the international economic landscape.　　Vladimir Putin piles into the current western financial system　　Vladimir Putin highlighted a discernible shift toward transactions in national currencies, signaling a departure from the established reliance on Western banks and the SWIFT system. This transition, according to Putin, is an ongoing process gaining momentum. The presidents critique of the Western financial infrastructure focused on its technological obsolescence, attributing this decline to complacency and an ingrained resistance to change.　　From Vladimir Putin‘s perspective, the Western financial system’s exceptionalist nature, coupled with a lack of viable alternatives, contributed to its reluctance to adapt. This, he argued, has rendered the system archaic and poised for obsolescence. His vision for the future entails creating a new, genuinely democratic financial model characterized by honest competition among economic players. Vladimir Putin anticipates a changing global economic landscape and the emergence of new leaders as part of an objective and predictable process.　　This vision aligns with a broader trend of nations seeking alternatives to

2023-12-11Industriya

BONK Rallies 150%, Outperforms DOGE, SHIB, PEPE and FLOKI

During the past week, Solana-based memecoin Bonk has emerged as the standout performer among rivals. The digital asset saw a remarkable 150% increase in value, surpassing the gains of Dogecoin, Shiba Inu, Pepe, and Floki Inu, ultimately reaching an all-time high.　　This price movement has pushed it to the third-largest dog-themed memecoin by market capitalization behind only Dogecoin and Shiba Inu.　　Driving Factors Behind Bonks Surge　　Bonk was launched last year and enjoyed high attention earlier in the year before interest waned. However, the memecoin has recently experienced renewed interest, pushing its price beyond previous heights.　　The recent BONKs value spike can be attributed to several key factors. Notably, its listing on major cryptocurrency exchanges like Binance and KuCoin has been a significant catalyst in the upward movement.　　Top 10 Memecoins by Market Capitalization.　　Traditionally, exchange listings trigger price surges ahead of the actual listing date. However, in the case of BONK, KuCoin‘s listing came with additional promotional incentives as the exchange offered rewards of up to $58,000. On the other hand, Binance’s listing of BONK derivatives contracts brought the memecoin to more crypto traders.　　Furthermore, the optimism surrounding the Solana ecosystem has also contributed to BONK‘s momentum. SOL itself has been a standout altcoin performer this

2023-12-11Industriya

Ethereum: Are whales moving away from ETH?

Institutions remain keen　　However, the Grayscale Ethereum Trust premium gap, previously at -59.49% in December 2022, narrowed due to institutional buying, positively impacting ETHs trajectory.　　The Grayscale Ethereum Trust premium gap refers to the difference between the market price of Ethereum (ETH) and the price at which the Grayscale Ethereum Trust (ETHE) shares are valued.　　A negative premium indicates that ETHE shares are trading below the market value of ETH. In December 2022, the premium gap was at -59.49%, suggesting that ETHE shares were significantly undervalued compared to the actual price of ETH.　　Makatotohanan o hindi, narito ang market cap ng ETH sa mga tuntunin ng BTC　　The narrowing of this premium gap is attributed to institutional buying, which means that institutional investors were acquiring ETHE shares.　　When institutions invest in trust products like Grayscale, it often reflects confidence in the underlying asset, in this case, Ethereum.

2023-12-11Ethereum

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