Pinakabagong Balita sa Crypto at Market Updates

Sumali si Franklin Templeton sa Race para sa Spot Bitcoin ETF

According to the filing, Coinbase will securely hold and manage the actual Bitcoin assets that underpin the ETF. The company has also confirmed that the Bitcoin ETF will be listed and traded on the Cboe BZX Exchange, Inc.　　Franklin Templeton, an asset management company, has entered the competition among companies aiming to offer spot Bitcoin ETFs. This was made known through a September 12 filing with the Securities and Exchange Commission (SEC).　　According to the filing, Coinbase will securely hold and manage the actual Bitcoin assets that underpin the ETF. The company has also confirmed that the Bitcoin ETF will be listed and traded on the Cboe BZX Exchange, Inc., enabling investors to buy and sell the ETF freely.　　An exchange-traded fund (ETF) is a financial product that tracks the price of an underlying asset. In this case, a Bitcoin ETF would be backed by Bitcoin, meaning it would mirror Bitcoins price movements. This allows individuals to gain exposure to Bitcoin price fluctuations without direct ownership of the cryptocurrency.　　When investors purchase a Bitcoin ETF, they acquire shares of a fund utilizing Bitcoin as its underlying asset. One of the key advantages of the proposed spot Bitcoin ETF is its potential to diversify investment

2023-09-28Industriya

Ang Ethereum-Based Altcoin ay Tahimik na Nagbabawas ng 242% Rally Ngayong Buwan Sa gitna ng Suporta mula sa Crypto Exchange Gate.io

crypto Ethereum　　Ang Ethereum-Based Altcoin ay Tahimik na Nagbabawas ng 242% Rally Ngayong Buwan Sa gitna ng Suporta mula sa Crypto Exchange Gate.io　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　One altcoin project has pulled off a more than 240% rally this month and secured a listing by a leading crypto exchange platform.　　The Loom Network (LOOM) kicked off September trading at a low of $0.038 and 25 days later soared to a high of $0.13, a 242% percent increase.　　LOOM has since retraced slightly and is trading for $0.11 at time of writing.　　Amid the strong performance, leading global crypto exchange Gate.io announced this week it was listing LOOM for trading.　　The Loom Network is a multichain interoperability platform intended for scaling high-performance decentralized applications (DApps).　　The project has integrations into blockchain networks like Bitcoin (BTC), Ethereum (ETH) and Tron (TRX).　　LOOM is the token used to secure Loom Networks mainnet, Basechain. Developers can also use the altcoin to pay for hosting their DApps on Basechain. Validators and delegators stake their LOOM tokens to protect the security of the network.　　Blockchain analytics platform Santiment recently noticed LOOMs surge and says the token may have more room to run based on several indicators.

2023-09-28Ethereum

Tumaas ang US Durable Goods Orders ng 0.2% noong Agosto kumpara sa -0.5% na inaasahan

Pananalapi　　Tumaas ang US Durable Goods Orders ng 0.2% noong Agosto kumpara sa -0.5% na inaasahan　　17 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Durable Goods Orders in the US rose modestly in August.　　US Dollar Index stays in positive territory, closes in on 106.50.　　Durable Goods Orders in the US rose 0.2%, or $0.5 billion, to $284.7 billion in August, the US Census Bureau reported on Wednesday. This reading followed the 5.6% decline (revised from 5.2%) recorded in July and came in better than the market expectation for a decrease of 0.5%.　　“Excluding transportation, new orders increased 0.4%,” the press release read. “Excluding defense, new orders decreased 0.7%. Machinery, up four of the last five months, led the increase, $0.2 billion, or 0.5%, to $37.8 billion.”　　Market reaksyon　　The US Dollar preserves its strength after the data. As of writing, the US Dollar Index was up 0.2% on the day at 106.40.

2023-09-28Industriya

US court plans to approve BlockFis liquidation plan

Judge Michael Kaplan plans to approve BlockFis liquidation plan. Therein, some clients will receive partial compensation in Bitcoin (BTC) or Ethereum (ETH).　　Depending on the outcome of BlockFis legal battle with FTX exchange and Three Arrows Capital (3AC) hedge fund, unsecured creditors may receive between 35% and 63% of their funds by the end of 2023. The exact amount of compensation is uncertain and could potentially be affected by up to $1 billion.　　According to reports on Sep. 26, Michael Kaplan also said he will reject the objections raised by the U.S. Department of Justice‘s bankruptcy watchdog regarding the termination of BlockFi’s senior management in the liquidation plan.　　On Nov. 11, 2022, BlockFi suspended withdrawals following the turmoil in FTX and Alameda Research.　　A few days prior, Flory Marques, the platform‘s founder, had reassured clients that their products were functional and the business was free from Sam Bankman-Fried’s companies.　　Less than three weeks after suspending withdrawals, BlockFi and eight subsidiaries filed for bankruptcy under Chapter 11 of the U.S. Bankruptcy Code.　　In May 2023, the court permitted BlockFi to return $300 million to customers with funds held in custodial accounts. However, the court did not recognize this amount as the platforms property. After a failed attempt

2023-09-28Industriya

Pinagbawalan ng Major UK Bank ang Crypto Payments

crypto　　Pinagbawalan ng Major UK Bank ang Crypto Payments　　13 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Alex Dovbnya　　Banking giant Chase set to enforce ban on crypto-linked payments within its UK operations　　Banking behemoth Chase ay nagpasya to prohibit crypto-linked payments for its clients in the United Kingdom.　　This new development has been communicated to customers via email and is part of the banks broader strategy to protect its clients from fraudulent activities and scams associated with crypto assets.　　Safeguarding against crypto fraud　　According to the email, Chases policy shift is aimed at safeguarding customer funds from the increasing risk of fraud and scams that leverage crypto assets to illicitly obtain substantial sums of money.　　Starting from Oct. 16, any payment that is suspected to be related to crypto assets will be declined by the bank.　　The bank has cautioned its customers that retrieval of funds is not guaranteed in case the transaction is fraudulent or scam-related.　　Young, wealthy, crypto-skeptical　　Since its U.K. launch in 2021, Chase has attracted over a million customers, predominantly younger and affluent individuals. The new policy banning crypto-linked payments is unlikely to seriously upset its current customer base.　　According to a recent YouGov survey, a significant proportion of Chase‘s client base, mostly financially secure and literate, remains

2023-09-28Industriya

LIVE na ang Legends of the Mara! Game Guide: Mastering the Otherdeed Realms

Tech　　LIVE na ang Legends of the Mara! Game Guide: Mastering the Otherdeed Realms　　17 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Journey into the captivating world of “Legends of the Mara” (LOTM), where the allure of card games effortlessly combines with the engagement of idle tapping. In the open beta phase of LOTM, you and your Otherdeed inhabitants are pitted against the menacing Shattered, formidable adversaries birthed from fragmented Vessels.　　This experience goes beyond just battling; it encompasses the lifecycle of your Otherdeed realm. From hatching Vessels and evolving your Mara to the indispensable task of harvesting and trading Sediment Fragments, the game challenges your strategic prowess.　　Dive deep into LOTM, a fusion of card game collectability with the relaxed vibes of an idle tap game. In the open beta, your Otherside and partner NFTs stand tall against roaming hostiles. This beta phase is just the beginning, offering a glimpse into the vast expanse of Otherside and introducing players to the Oda—the original denizens comprising the mighty Koda, the versatile Mara, and the evolved Kodamara.　　The game offers a plethora of activities. Hatch your Mara from Vessels, engage in the vital act of harvesting and trading Sediment Fragments, and uphold the sanctity of your land

2023-09-28Industriya

Ethereum Price Witnesses Sudden Spike; Crosses $1600 Resistance Level

Ethereum　　Ethereum Price Witnesses Sudden Spike; Crosses $1600 Resistance Level　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　If it finds support between $1,600 and $1,620, the price may continue to climb. 　　The price of Ethereum has witnessed a sudden spike, breaching the $1600 mark.　　The Merge update to Ethereum‘s core protocol was a watershed point in the cryptocurrency’s history, marking a transition away from the inefficient proof-of-work (PoW) consensus mechanism in favor of the more energy-efficient proof-of-stake (PoS).　　Ethereums compliance with the strict criteria imposed by the Office of Foreign Assets Control (OFAC) has decreased post this change, which was anticipated given the greener future this move promises.　　Moreover, according to IntoTheBlocks data, the percentage of empty wallets has increased by almost 13% in the last week. This is another warning indication that indicates a large number of people have liquidated their token holdings.　　Bulls Take Over　　The price of Ethereum has witnessed a sudden spike, breaching the $1600 resistance level at the time of writing. If it finds support between $1,600 and $1,620, the price may continue to climb.　　If ETH manages to break over $1,620, there is a good likelihood that it will continue to rise. Substantial barriers might be expected close to $1,650 and $1,660.

2023-09-28Ethereum

Kailangan nating pag-usapan ang artikulong iyon ng New Yorker na Sam Bankman-Fried

Tech　　Kailangan nating pag-usapan ang artikulong iyon ng New Yorker na Sam Bankman-Fried　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　On Monday, renowned publication published a completely off-kilter article that compared FTX to a bank, infantilized Sam Bankman-Fried, and let his family decry their treatment by the media with little to no pushback whatsoever.　　While articles like this are frustrating to those of us covering crypto, it‘s also important to discuss why they’re not just annoying but could paint a potentially misleading picture to those not quite as immersed in the industry.　　The article offers little in the way of substance, but more important are the completely twisted, misinformed false equivalencies. These include “It is standard practice for banks to take depositors money and use it for other activities.”　　The article‘s author, Sheelah Kolhatkar, isn’t new to the dark world of finance and unregulated industries: she‘s previously written a well-received book called that covers Steve Cohen (now owner of the New York Mets baseball team, and head of S.A.C. Capital). The fact she’s bothering to compare FTX — a cryptocurrency exchange that wasn‘t supposed to be lending out customers’ assets at all — to a bank is mind-boggling and more than a little concerning.　　Then theres

2023-09-27Industriya

JPEX Case Spotlights Bagong Mga Hamon sa Regulasyon

Tech　　JPEX Case Spotlights Bagong Mga Hamon sa Regulasyon　　6 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The Hong Kong Crypto Exchange Scandal with JPEX spotlights regulatory challenges and investor risks, prompting debate on crypto market access, as per Bloomberg.　　The recent arrest of Joseph Lam and the subsequent shutdown of JPEX, an unlicensed crypto platform in Hong Kong, have sent shockwaves through the cryptocurrency community.　　Lam, a social media influencer with a substantial following, was among the 11 individuals apprehended in connection with an alleged HK$1.5 billion ($192 million) fraud case involving JPEX.　　Hong Kong Crypto Exchange Scandal　　Hong Kong‘s swift response, coming just four months after the introduction of new cryptocurrency regulations, underscores the government’s commitment to cracking down on illicit activities in the crypto space.　　The Securities and Futures Commission (SFC) had warned investors about JPEXs lack of a permit, leading to local telecom carriers blocking its website and app.　　However, this incident highlights the challenges governments face when regulating an industry known for scams and volatility. Some argue that retail trading in cryptocurrencies, especially in the absence of proper investor education, is a risky endeavor.　　JPEXs case is a prime example of how small investors can be lured by promises of unrealistic returns. Despite warnings and

2023-09-27Industriya

JPMorgan’s $365 Million Epstein Victims Settlement Wont Teach Banks A Lesson

Pananalapi　　Ang $365 Million na Pag-areglo ng mga Biktima ng Epstein ng JPMorgan ay Hindi Magtuturo ng Aral sa mga Bangko　　Balita ng Ethereum ng Bitcoin　　Operational risk is the potential loss to earnings due to people, processes, technology, and　　makulit　　In the last four months, JPMorgan has agreed to pay $365 million in settling lawsuits surrounding Jeffrey Epstein‘s sex trafficking operations. Only recently did JPMorgan notify the U.S. Department of Treasury that there had been over $1 billion in transactions at the bank related to Epstein’s human trafficking dating back 16 years. As former Congresswoman Jackie Speier sadly wrote, Epsteins 15-year client relationship with JPMorgan Chase　　JPM　　exceeded the ages of some of his victims. This is a bank that invests millions of dollars in sophisticated technological systems to price financial derivatives and to measure the value-at-risk of its multi-billion-dollar capital markets portfolios. Yet, we are to believe that it did not have the systems to spot irregularities in Epsteins financial transactions for .　　Earlier this summer, Deutsche Bank also agreed to pay $75 million in lawsuit settlements, since after JPMorgan no longer wanted Epstein, he became a client. Somehow, no one at Deutsche Bank thought to ask why Epstein was finally no longer welcome at JPMorgan？　　It

2023-09-27Industriya

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