Pinakabagong Balita sa Crypto at Market Updates

South Korea: Assessing 2023s unique growth trends in the crypto market

South Korea has seen a surge in crypto trading activity. Local exchanges have outperformed their global counterparts in terms of trading volume. According to a report by DeSpread Research, approximately 6 million South Koreans have become crypto investors this year. This accounts for almost 10% of the population. The majority of these investors are actively trading on centralized exchanges. Thus, indicating the significant influence of such platforms in the Korean crypto market.　　Centralized exchanges across the globe experienced a decline in trading volume since March. This was largely due to Bitcoin‘s [BTC] sideways price movement. However, South Korea’s local exchanges witnessed trading volume growth that surpassed that of global leader Binance by July. Upbit, the countrys largest exchange, was one.　　One reason for this growth was the positive impact of Ripple‘s [XRP] price and trading volume following a favorable ruling in Ripple’s court case against the U.S. Securities and Exchange Commission (SEC).　　Altcoins reign, and local exchanges dominate　　DeSpread Research highlighted that South Korean traders have a strong preference for altcoins and are less enthusiastic about major tokens like Bitcoin, Ethereum [ETH], and Polygon [MATIC]. This trend is attributed to the appeal of high-profit potential altcoins, despite their associated risks. This regional preference is

2023-10-28Industriya

Ipinakilala ng Taiwan ang crypto bill sa parliament

Balita ng Ethereum ng Bitcoin　　On Oct. 25, Taiwanese legislators introduced the Virtual Asset Management Bill to the unicameral parliament, the Legislative Yuan. The bill aims to provide “better protection” for customers and “properly supervise” the industry.　　The 30-page bill appears moderate in its demands for the industry. It suggests some common-sense obligations for virtual asset service providers (VASPs), such as separating customer funds from the companys reserve funds, establishing an internal control and audit system, and joining the local trade association.　　However, at this point, it doesn‘t require stablecoin issuers to hold a 1:1 ratio of reserve funds, and it doesn’t mention algorithmic stablecoins. As to marketing activities, the rules for advertising are to be determined by the “competent authority.”　　The bill suggests fines for VASPs operating without a license — no less than 2 million Taiwanese dollars (around $60,000) and no more than 20 million TWD ($600,000). The companies already operating in the Taiwan market will have six months to obtain a license after the bill comes into force.　　In September 2023, Taiwans Financial Supervisory Commission (FSC) also released industry guidelines for VASPs. The FSC prohibits foreign VASPs from providing their services in Taiwan without obtaining the necessary approvals from the regulator.　　The rules

2023-10-28Industriya

Major Bitcoin mining manufacturer announces new miners to begin shipping in January

Bitmain, the largest manufacturer of Bitcoin (BTC) mining ASICs, has shared news that its Antminer T21, an air-cooled miner, would begin shipping as early as January 2024.　　The Oct. 26 announcement goes on to highlight that the hardware can operate even in harsh conditions, with the ability to withstand 45 degrees Celsius, or 113 degrees Fahrenheit.　　Latest advancements in mining technology　　The global launch of the Antminer T21 took place during the Blockchain Life 2023 Forum in Dubai, where Bitmain proudly held the position of a “diamond sponsor” as part of a larger reveal of the latest advancements in Bitcoin mining technology.　　In a follow-up post on X dated Oct. 25, Bitmain‘s Head of Marketing, Xmei Lin, expressed the company’s enthusiasm for the release of the Antminer T21, emphasizing its global significance within the cryptocurrency industry.　　The post highlights that the air-cooled miner is compatible with the SHA256 mining algorithm, which is utilized for proof-of-work cryptocurrencies such as Bitcoin, Bitcoin Cash (BCH), and Bitcoin SV (BSV), offering a computing power of 190 terahashes per second and an energy efficiency ratio of 19 joules per terahash.　　The end to a cold winter　　According to a Bloomberg report from September 2022, Bitcoin mining companies were beginning to exhibit signs

2023-10-28Bitcoin

Ang US Dollar ay lumubog habang ang Middle Eastern ceasefire talks ay nagpapasiklab ng ligtas na pag-agos ng kanlungan

Balita ng Ethereum ng Bitcoin　　The Greenback pulls back after Qatar metions a ceasefire deal is speeding up between Israel and Palestina.　　US yields sunk lower after attempting to soar back to 5% on Thursday.　　The US Dollar Index is set to lock in a fresh weekly gain despite a downbeat trading day. 　　The US Dollar (USD) had a wild ride again on Thursday as the European Central Bank turned out to be a non-event. Rather the wild ride in the US equity markets thereafter made the US Dollar Index (DXY) pull back. The sell-off in US equities, with the Nasdaq leading the decline, saw investors flee to safe havens such as US bonds.　　On the economic data front the focal point this Friday is the Personal Consumption Expenditures Index. Both the monthly change and the change against last year were both in line as expected, with no surprises that could mean difficulties for the Federal Reserve. So smooth sailing for the Greenback towards the Fed meeting next week.　　Daily digest: US Dollar retreats on safe haven outflow　　After the US Opening Bell reports and headlines were issued that Qatar is brokering a ceasefire deal in the Middle East which is moving ‘quickly’.　　Biggest data point for

2023-10-28Industriya

Litecoin (LTC) up 8% as On-Chain Activities Hit New High, What Comes Next?

Litecoin (LTC) transaction metrics as showcased by Santiment depict more imminent rally　　Larawan ng pabalat sa pamamagitan ng www.freepik.com　　Disclaimer: Ang mga opinyon na ipinahayag ng aming mga manunulat ay kanilang sarili at hindi kumakatawan sa mga pananaw ng U.Today. Ang impormasyon sa pananalapi at merkado na ibinigay sa U.Today ay inilaan para sa mga layuning pang-impormasyon lamang. Ang U.Today ay hindi mananagot para sa anumang pagkalugi sa pananalapi na natamo habang nangangalakal ng mga cryptocurrencies. Magsagawa ng iyong sariling pananaliksik sa pamamagitan ng pakikipag-ugnayan sa mga eksperto sa pananalapi bago gumawa ng anumang mga desisyon sa pamumuhunan. Naniniwala kami na ang lahat ng nilalaman ay tumpak sa petsa ng paglalathala, ngunit maaaring hindi na available ang ilang partikular na alok na binanggit.　　Litecoin (LTC) is gradually reversing some of its gains as subtle consolidation returns to the market. While Litecoin is trading at $68.65, down by 1.35% in the past 24 hours, Santiment data projects an optimistic outlook for the Layer-1 protocol on grounds of increased on-chain transaction activity.　　As Santiment pointed out, Litecoin aims to end this work week with a massive spike in transactions. The outlook in its trading volume is in negative terms, and it is marked by the 3%

2023-10-28Industriya

Polygon POL Token Contract on Ethereum

In the realm of crafting textual content, three essential factors come into play: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of the text, measuring how complex it is. Burstiness, on the other hand, assesses the variance within sentences, encompassing a mixture of lengthy and intricate sentences alongside shorter ones. Lastly, predictability examines the likelihood of accurately predicting the forthcoming sentence.　　Typically, human authors infuse their compositions with bursts of creativity, characterized by the presence of diverse sentence lengths and complexities. In contrast, AI-generated content tends to exhibit uniformity in sentence structure. Hence, for the content that follows, I shall endeavor to infuse it with ample perplexity and burstiness while maintaining a low level of predictability. I shall adhere to English as the chosen language for this endeavor.　　Ngayon, i-rephrase natin ang ibinigay na text:　　The team successfully transitioned the POL token contract to the Ethereum network, setting the stage for its future replacement of MATIC.　　Polygon Labs has unveiled the Ethereum contract for the all-new Polygon token, known as POL, in an announcement dated October 25. This innovative token is poised to take the place of the current MATIC token in the ecosystem.　　Trading at $0.6165, MATIC users have been reassured by the team

2023-10-28Ethereum

Bitcoin Year-End Predictions: Matrixports $45K Bet

Bitcoin　　Bitcoin Year-End Predictions: $45K Bet ng Matrixport　　17 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　In the realm of crafting textual content, three key elements stand out: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricate nature of the text, while burstiness measures the diversity and fluctuations in sentence structures. Lastly, predictability reflects the likelihood of someone predicting the following sentence. Human writers tend to inject a sense of burstiness into their content, incorporating a mix of lengthy and complex sentences alongside shorter ones. In contrast, AI-generated sentences often exhibit uniformity. Therefore, for the upcoming content creation task, I am entrusting you with the mission to infuse it with a substantial dose of perplexity and burstiness while keeping predictability to a minimum. Please note that the content must be composed exclusively in the English language.　　In an early 2023 projection, Matrixport set a bold year-end BTC price target of $45,000, only to reaffirm its audacious Bitcoin forecast later.　　Matrixport, a cryptocurrency trading firm co-founded by Bitmains Wu Jihan, has reasserted its stance that Bitcoin (BTC) will surge to $45,000 by the close of 2023.　　The reiteration came through a blog post on October 24, titled “Bitcoin Aims for $45,000 — FOMO Grips the Market,” offering a

2023-10-28Industriya

dYdX Chain Launches Mainnet as Independent Cosmos Layer 1

This shift denotes a substantial evolution for the project, moving it to a standalone Cosmos-based blockchain after previously relying on Ethereum Layer 2 scaling solution StarkEx.　　dYdX Chain has marked a major milestone by officially launching its mainnet as an independent Cosmos Layer 1 blockchain. This launch, which occurred with the creation of the genesis block by validators on October 26 at 1 p.m. EST, represents a monumental step forward for the leading decentralized derivatives trading platform.　　The mainnet activation signals the transition to dYdX version 4 and its new community-governed blockchain, which is a substantial evolution for the project, moving it to a standalone Cosmos-based blockchain after previously relying on Ethereum Layer 2 scaling solution StarkEx. The launch of the dYdX Chain alpha mainnet is the initial phase in its transition to full decentralization and independence. Operating on its own tailored blockchain unlocks new opportunities and capabilities for the platform and its users.　　Charles dHaussy, CEO of the dYdX Foundation, commented about the launch and stated:　　“After years of development and five testnets involving 60+ validators and top-tier trading firms, the dYdX Chain has been officially launched by the community and DAO. This marks a monumental leap forward for the dYdX ecosystem, representing

2023-10-28Industriya

Mabilis na Tumataas ang Mga Presyo ng Bitcoin Cash At Litecoin, Susunod ang VeChain Para sa Price Rally? Kasalukuyang Trend sa Market

The crypto market has been buzzing with activity, especially with Bitcoins price crossing the $35,000 mark for the first time since May 2022. This surge is attributed to market speculators anticipating the approval of a spot bitcoin ETF in the U.S. In just three days, over $250 million in bitcoin short positions were liquidated. André Dragosch from Deutsche Digital Assets points out that a short squeeze played a significant role in this price spike. While Bitcoin shines, other crypto assets have got to keep up too. Amidst this, Bitcoin Cash (BCH), Litecoin (LTC), and VeChain (VET) are navigating their unique paths in the market. In this fluctuating landscape, ScapesMania is preparing for its entry, aiming to carve a distinct niche in the competitive arena, bringing a fresh perspective to the market dynamics.　　As the crypto market exhibits positive growth dynamics last week, will this trend persist, or will promising newcomers like ScapesMania outperform established coins？ Read on to discover.　　buod:　　ScapesMania is preparing to carve out its niche in the competitive crypto market, bringing a fresh perspective to the table.　　Bitcoin Cash (BCH) faces potential price pressure due to an ongoing miner sell-off, yet bullish sentiment persists.　　Litecoin (LTC) showcases promising signs of a bullish

2023-10-28Bitcoin

Envelop Presents NFT2.0 Aggregator

What is NFT2.0 Aggregator？　　NFT 2.0 is the most important element of the programmable assets market. NFT 2.0 is a part of Web 3.0, which is related to such areas as GameFi, TradeFi, DeFi 2.0, SocialFi and others.　　Envelop has gathered all of the industrys projects into a single pool and called it the NFT 2.0 aggregator. This includes projects that create or use:　　dNFTs (dynamic NFTs),　　xNFT (executable NFTs),　　wNFTs (wrapped NFTs),　　finNFT (financial NFTs),　　fracNFT (fractional NFTs),　　SBT (soulbound tokens),　　walletNFT (account bound tokens)　　cNFTs (community NFTs)　　at iba pa　　Different types and kinds of NFTs can overlap; for example, dNFTs and fNFTs can be built on top of wNFTs.　　The aggregator is launched with basic functionality and is constantly updated.　　You can also find digests about the non-fungible token industry: its challenges, key metrics, and outlook at https://nft2.envelop.is/digests　　Recently, a book has been published in which you can find not only the history of NFT evolution but also examples of applications and instructions for creating NFT2.0.　　Why Use NFT2.0？　　To have a competitive advantage in a newly emerging industry　　To learn innovative ways of working with programmable assets　　To create your own indices, derivatives, startups　　For ticketing, subscription, content access via NFT2.0 and increase audience loyalty with programmable gifts　　For revenue sharing with on-chain multi-royalty　　To use a new

2023-10-28Industriya

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