Pinakabagong Balita sa Crypto at Market Updates

TON Sets New World Record as the Worlds Fastest Blockchain, Achieves 104,715 TPS in Public Test

The Open Network (TON) has emerged as the worlds fastest and most scalable public blockchain.　　According to an official announcement today, the blockchain achieved a remarkable speed of 104,715 transactions per second (TPS) during a live-streamed public test held on Oct 31.　　The test, which utilized 256 validators, pushed the TON testnet to its limits, resulting in the creation of 512 shards under heavy load. This innovative approach propelled the network to achieve an astonishing speed of 104,715 transactions per second (TPS).　　During the test runs, the TON testnet not only outpaced the reported speed of Visa but also far exceeded the previous record holder, achieving approximately 100,000 TPS. This exceptional performance demonstrates TONs capabilities and potential to disrupt traditional financial systems.　　This accomplishment marks a significant milestone for TON, positioning it as a viable infrastructure layer for the emerging Web3 ecosystem and attracting the interest of global enterprises looking to integrate blockchain technology.　　Confirmed and backed by CertiK, a leading Web3 smart contract auditor known for providing comprehensive security solutions to the blockchain industry, TON has emerged as the fastest and most scalable blockchain in the world.　　CertiK formally verifies the TON blockchain, confirming its stability and security. They also played a crucial role in

2023-11-03Industriya

So You Want to Short Ethereum? Theres an ETF for That

ProShares, a U.S.-based issuer of exchange-traded funds, today announced the launch of ProShares Short Ether Strategy ETF (SETH), letting investors profit from declines in the price of Ethereum (ETH), the second-largest cryptocurrency by market capitalization.　　SETH, which is set to start trading on the New York Stock Exchange‘s (NYSE) Arca, seeks to deliver the inverse of the daily performance of its underlying benchmark—the Standard & Poor’s CME Ether Futures Index.　　“You will lose money when the Index rises—a result that is the opposite from a traditional index fund,” reads the product‘s summary prospectus. “Obtaining inverse or ’short exposure may be considered an aggressive investment technique.”　　It further states that an investment in SETH “may not be suitable for all investors” because if the Index approaches a 100% increase at any point in the day, “you could lose your entire investment.”　　was trading at $1,816 by press time, up 1.5% over the day, data from CoinGecko shows.　　Earlier this year, ProShares also introduced Bitcoin Short ETF (BITI), a similar product whose performance is inversely correlated to the S&P CME Bitcoin Futures Index. In other words, investors profit when the price of Bitcoin (BTC) drops.　　I-decrypt has reached out to ProShares for additional comments.　　ProShares crypto-linked ETFs　　SETH joins ProShares

2023-11-03Ethereum

New Years Rally is Coming in Bitcoin! Matrixport Marked This Date for $56,000!

Yesterday, the FED announced its November interest rate decision and left it unchanged in line with expectations.　　Sa pagsasalita pagkatapos ng desisyon sa rate ng interes, si FED President Jerome Powell ay naghudyat na maaaring nakumpleto na ng FED ang pinaka-agresibong proseso ng pagtaas ng rate ng interes sa nakalipas na apatnapung taon.　　Sa puntong ito, pagkatapos ng “dovish” na mga pahayag ni Powell, ang nangungunang cryptocurrency Bitcoin ay tumaas sa tuktok ng huling 17 buwan, na umabot sa antas ng $ 35,900.　　While this rise in BTC made investors happy, another good news came from Matrixport.　　Matrixport report stated that Bitcoin could continue the upward momentum that has continued in recent months, and said that this momentum could raise BTC to $ 56,000 by December 31.　　According to Matrixport, Bitcoin has historically moved according to Sir Isaac Newtons third law of motion, a model in which “a bull market tends to stay in motion unless acted upon by an outside force.” At this point, BTC may repeat this model by rising to $ 56,000 by the end of 2023.　　Markus Thielen, head of research at Matrixport, said:　　If Bitcoin increases by at least 100% by this time of the year, according to the model formed according

2023-11-03Bitcoin

Ripples XRP Joins BTC, ETH, And LTC In DIFC Following Dubai Regulatory Approval

Ripples XRP is set to capture increased market interest following its recent approval from Dubai regulators, placing it alongside prominent cryptocurrencies such as Bitcoin, Ethereum, and Litecoin within the Dubai International Financial Center (DIFC). This announcement marks a triumph for Ripple after winning its legal battle with the SEC, offering enhanced legal certainty for XRP and potentially bringing a surge in its value.　　First Virtual Asset Approved by DFSA for DIFC Use　　According to a recent press release, Ripple made a significant regulatory milestone as the Dubai Financial Services Authority (DFSA) sanctioned the use of XRP within the Dubai International Financial Center (DIFC). With this move, XRP becomes the first virtual asset to receive approval from the DFSA following the authoritys call for external applications.　　The green light from the DFSA enables licensed virtual asset firms within the DIFC to expand their offerings to include XRP, placing it in the ranks of previously sanctioned assets like BTC, ETH, and LTC within the DFSAs virtual asset framework.　　This latest approval is set to enhance XRPs legal and regulatory framework within the DIFC, granting financial institutions a new asset for initiating quick and cost-effective global transactions.　　Brad Garlinghouse, CEO of Ripple, said, “Dubai continues to demonstrate global

2023-11-03Ethereum

Genslers Leadership at SEC Calls for Concern, Ripples Legal Chief Says

Although the court says that the SEC acted “arbitrarily and capriciously, in violation of the APA,” it would still allow the agency to redeem itself.　　Stuart Alderoty, the chief legal officer for Ripple, has ipinahayag concerns over the state of the United States Securities and Exchange Commission (SEC) under the leadership of current chair Gary Gensler. His remarks follow what is yet another disappointment for the regulator in the Fifth Circuit Court after previously losing to Ripple in the XRP lawsuit in July.　　According to Alderoty, the unending legal losses are “deeply concerning,” and the once-respected SEC may now be a shadow of its former self. Alderoty noted that the SEC, in Genslers tenure, has been characterized by a lot of inconsistencies and erratic actions. These actions suggest a troubling pattern, and it does appear that the SEC may no longer be committed to upholding the law, he added.　　Court Slams SEC, Says Regulators Disclosure Rule Lacks Reason　　Earlier this week, the Fifth Circuit Court of Appeals in the US considered the SECs stock buyback disclosure rule as arbitrary and lacking reasonable explanation.　　The rule demands that stock issuers must, as a requirement, report daily information on share repurchases. They will do this every quarter

2023-11-03Industriya

Mga Manunuri ng Cryptocurrency na Nabigong Hulaan ang Presyo ng BTC

These three cryptocurrency analysts failed to accurately predict the crypto market in October, particularly regarding the Bitcoin (BTC) price.　　It can be difficult to time or predict the correct movements in the market. Even some of the best in the business get it wrong. BeInCrypto examines the instances where crypto analysts made inaccurate Bitcoin predictions in October.　　Channel Breakdown Does Not Lead to Further Decrease　　On October 14, well-known cryptocurrency analyst TheMoonCarl tweeted a Bitcoin chart showing the price breaking down from an ascending parallel channel. Such channels contain corrective movements and are expected to lead to breakdowns.　　Due to the breakdown, TheMoonCarl gave a target of $25,000 for the ensuing movement created by the September lows.　　However, the price did not decrease. Rather, it reversed immediately after the breakdown (green circle) and initially made an unsuccessful attempt at breaking out (red icon) before successfully breaking out from the channel on October 20.　　BTC/USDT Pang-araw-araw na Chart. Pinagmulan　　The BTC price reached a new yearly high of $35,198 on October 24 before falling slightly. The price is currently making another attempt at moving above $35,000.　　Cryptocurrency Analysts Fractal Proves Invalid　　Well-known crypto analysts RektCapital and Profit8lue both posted a variation of a rounded-top pattern, which is expected to lead

2023-11-03Industriya

Posible ba ang $20 sa Pagtatapos ng 2025?

Pananalapi　　Posible ba ang $20 sa Pagtatapos ng 2025？　　22 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Uniswap price prediction is bullish for 2024 and 2025. It suggests that the Uniswap crypto may participate in the next bull run.　　UNI price took support near $3.845 and showed a surprising recovery. It broke out of the $4.00 hurdle level with a high volume and shot up approximately 15% in the previous session.　　Uniswap price managed to climb above the 50-day EMA indicating that the trend has reversed upward. It is approaching the 200-day EMA which is acting as an immediate hurdle for bulls.　　In the coming weeks, if buyers succeed in breaking out of the 200-day EMA, then the UNI crypto price may rally to $5.50 in a short period.　　Uniswap price consolidated for quite a long time near $4.00. Sellers tried multiple times to pull the price below $4.00 but luckily, the buyers were active and absorbed the complete sell-off. It indicates that $4.00 is the strong demand zone and downside risk is limited to it.　　The recent upmove is supported by a high buying volume. It indicates that some genuine investors are silently accumulating crypto at cheaper prices. Currently, the UNI price is trading at $4.626 with

2023-11-03Industriya

‘The Bear Market Is Behind Us’: Crypto Trader Lays Out Path for Bitcoin (BTC), Says Altcoins To Follow Suit

A widely followed crypto strategist is declaring the bear market officially over, laying out bullish paths for Bitcoin (BTC) and altcoins alike.　　Crypto trader na si Michaël van de Poppe nagsasabi his 670,300 followers on the social media platform X that he expects altcoins to follow BTC in reaching new yearly highs.　　Pinagmulan: Michaël van de Poppe/X　　According to Van de Poppe, BTCs consolidation above and around the $35,000 area will lead to more rallies, specifically from the decentralized finance (DeFi) sector. All in all, the trader sabi ni the bear market is over.　　Ang BTC ay nagkakahalaga ng $34,950 sa oras ng pagsulat, tumaas ng 1.4% sa huling 24 na oras.　　Looking at altcoins generally, Van de Poppe says the overall market is starting to pop. As a result, the trader palagay the major alts will soon experience breakouts.　　Pagtanggi: Ang mga opinyon na ipinahayag sa The Daily Hodl ay hindi payo sa pamumuhunan. Dapat gawin ng mga namumuhunan ang kanilang nararapat na pagsusumikap bago gumawa ng anumang mga pamumuhunan na may mataas na peligro sa Bitcoin, cryptocurrency o digital assets. Mangyaring pinapayuhan na ang iyong paglilipat at mga kalakal ay nasa iyong sariling peligro, at ang anumang pagkawala na maaari mong makuha ay ang

2023-11-03Bitcoin

Pinili ng Georgia ang Ripple bilang partner para sa Digital Lari pilot nito

Georgia‘s central bank has partnered with Ripple to pilot the country’s CBDC project, Digital Lari (GEL).　　The National Bank of Georgia picked Ripple as its technology partner and will jointly plan and seek to deliver the pilot program.　　GEL will leverage the Ripple CBDC Platform, which is powered by XRP Ledger (XRPL).　　Ripple continues to see tremendous traction in terms of the adoption, with central banks, major financial institutions and governments integrating its cross-border payments technology.　　The latest milestone, according to a news release published Thursday, is a partnership with the National Bank of Georgia (NBG).　　News of the partnership comes just hours after Dubai Financial Services Authority (DFSA) announced it had approved Ripples XRP to allow firms integrate it in their digital asset services.　　Georgia picks Ripple for its digital Lari pilot　　Per today‘s announcement, Ripple is the central bank’s official technology partner, and will collaborate via the Ripple CBDC Platform on the countrys Digital Lari (GEL). The selection came after a competitive process that saw shortlisted parties submit a Project Execution Plan (PEP) and a demonstration of their technology.　　“The committee selected Ripple due to its technical excellence and the expertise of its team. We look forward to moving ahead with Ripple and we are grateful

2023-11-03Industriya

Swiss Bank SGKB Partners with SEBA Bank to Bring Bitcoin and Ethereum Trading to Clients

The Swiss banking industry has been incredibly receptive to crypto with many local banks adding cryptocurrency services to their offerings.　　Swiss bank St.Galler Kantonalbank (SGKB) has launched Bitcoin and Ether trading with plans to add more cryptocurrencies in the future based on client feedback. The cryptocurrency service is made possible by a partnership with crypto-focused bank SEBA and comes after a brief testing period earlier this year. Launched on November 1, the service is currently available to a select group of clients.　　The service is St.Galler Kantonalbank‘s (SGKB) first foray into the digital assets sphere and is designed to enable the bank’s clients to add cryptocurrencies to their portfolios.　　“We are pleased to offer a select client base access to digital assets and the digital economy,” SGKB head of market services Falk Kohlmann said, adding:　　“Thanks to our cooperation with SEBA Bank, we‘ve implemented a straightforward initial setup, which allows us to learn and grow well aligned to our clients’ needs. We are confident that our clients digital assets are protected by the custody of a professional and certified provider with extensive experience in this field.”　　SEBA Bank‘s Head of Investment Solutions Christian Bieri explained that the service will initially be available to SGKB’s wealth-management

2023-11-03Ethereum

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