Pinakabagong Balita sa Crypto at Market Updates

Wells Fargo at ang crypto Ripple (XRP): malapit sa $500?

Recently, prospects of $500 value for the crypto Ripple (XRP) ay kinumpirma ni Wells Fargo, one of the top multinational financial institutions, within two to seven months.　　Tingnan sa ibaba ang lahat ng detalye.　　A growth potential for the crypto Ripple in the short term: predictions by Wells Fargo　　As anticipated, after an initial victory for Ripple in a long three-year legal battle with the US Securities and Exchange Commission (SEC), positive forecasts for XRP have exploded.　　Specifically, an important and optimistic forecast comes from Shannon Thorp, Business Development Manager at Wells Fargo, who suggested on X, via a tweet, that XRP could potentially reach $ 500.　　Thorpe supported her bold claim by referring to the Bank of Englands “Cross Border Payments” 2023 report. This report predicts that the cross-border payments industry will reach an extraordinary market capitalization of $ 250 trilyon sa pamamagitan ng 2027.　　As a result, Thorp argues that an XRP price of $500 would be better suited to support such a large market, stating that “a price of $500 for XRP simply does not seem sufficient to sustain such an amount.”　　Moreover, Thorp is not the only one to advocate triple-digit prospects for XRP. In fact, another analyst known as XRP Captain on

2023-09-16Industriya

Hinihimok ng Top Democrat ang mga pederal na ahensya na pahusayin ang transparency sa mga merkado ng cryptocurrency

U.S. Senator Sherrod Brown, Chair of the Senate Committee on Banking, Housing, and Urban Affairs, has issued a clarion call to federal agencies, urging them to enhance transparency in the cryptocurrency markets. In a letter addressing Treasury Secretary Janet Yellen, Securities and Exchange Commission (SEC) Chair Gary Gensler, and Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam, Senator Brown emphasized the need for comprehensive disclosure in the digital assets sector.　　The Senators call comes amid growing concerns about the lack of transparency in cryptocurrency markets, which he argues leaves the public susceptible to fraud, scams, and manipulation by insiders.　　According to Senator Brown, the absence of accurate and useful investment information in the cryptocurrency markets has led to a proliferation of scams and hacks. Last year alone, nearly $10 billion was lost due to such illicit activities. The Senator criticized the crypto industry for resisting genuine transparency, stating that opacity serves the interests of sponsors, executives, and other insiders in the sector. He further noted that the lack of transparency allows these actors to profit at the expense of ordinary Americans, who are left in the dark about the risks associated with digital assets.　　Regulatory measures and congressional oversight　　While the House Financial Services

2023-09-16Industriya

Hindi na Nangungunang Aso ang Ethereum sa Mga Institusyunal na Namumuhunan sa gitna ng mga takot na bumagsak sa $1,000 ⋆ ZyCrypto

Ethereum　　Hindi na Nangungunang Aso ang Ethereum sa Mga Institusyunal na Namumuhunan sa gitna ng mga takot na bumagsak sa $1,000 ⋆ ZyCrypto　　52 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Head of Research at CoinShares, James Butterfill, revealed some concerning news in the latest European digital asset manager report. With a $59 million outflow in the past week, tensions are high in the crypto market. While Bitcoin was the asset that had the greatest losses, it seems Ethereum is headed for more pain, while overall trading volumes dropped by 73% from the previous week.　　Institutional Outflows Remain High　　While XRP saw inflows of $0.7 million, ETH outflows totalled $4.8 million, bringing the years total to $108 million. Butterfill said the lacklustre performance made ETH “the least loved digital asset amongst ETP investors this year.”　　ETP, which stands for ‘Exchange-Traded Product’, includes a wide range of investment products designed to expose investors to various assets, such as ETFs, exchange-traded notes (ETN), and exchange-traded mutual funds (ETFM).　　The recent FTX scare about a massive sell-off of tokens, which could potentially trigger larger price drops, further causes concerns. FTX lawyers asked the court to allow the liquidation of $3.4 billion in crypto assets. The Delaware Bankruptcy Court approved on

2023-09-16Ethereum

ADA Price Battles Low Volatility As Bulls Book Positions

Those seeking exposure to new long positions in ADA may want to wait until resistance at the descending channel has been weakened. This is to avoid sudden bull traps while ensuring the breakout allows for profit booking starting at $0.26.　　Due to the lack of liquidity leading to a slump in the trading volumes, a massive breakout to $1, although anticipated might take longer to materialize.　　Crypto volatility is at some of the lowest levels ever right now. ADA/USD 3 month daily annualised vol is at 67%, down from 100% a year ago. Going back to Feb 2018, 93% of the time volatility was higher　　— ADA whale (@cardano_whale) Septiyembre 14, 2023　　Key milestones likely to help traders and investors make informed decisions while ADA price climbs are the resistance/support areas highlighted by the 50-day Exponential Moving Average (EMA) (red) at $0.2701, the 100-day EMA (blue) at $0.2891 and the 200-day EMA (purple) at $0.3202.　　Notably, the short-term outlook is much stronger with the MACD donning a vivid buy signal on the four-hour chart. ADA price is also sitting above support provided by the 50-day EMA at $0.2506, although the 100-day EMA at $0.2544 might delay the run-up to $0.26 and subsequently $0.3.　　ADA/USD four-hour chart|

2023-09-16Industriya

Ang pivot ng Bitcoin sa paligid ng $26.6k: ang pangunahing antas ng presyo ay humuhubog sa gawi sa pangangalakal

Bitcoin　　Ang pivot ng Bitcoin sa paligid ng $26.6k: ang pangunahing antas ng presyo ay humuhubog sa gawi sa pangangalakal　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Mabilis na Kumuha　　A detailed examination of Bitcoins trading behavior reveals a pivotal price level around $26.6k. Over the last three years, cohorts from 2020, 2022, and 2023 have recorded realized prices closely aligning with this benchmark. Specifically, in 2020 the realized price was $26.6k, in 2022 it was $26.8k, and in 2023 it is currently $26.3k.　　This demonstrates the importance of the $26.6k level as a significant financial marker in Bitcoin‘s trading. The 2023 realized price level has consistently served as a support level throughout this year, reinforcing this price point’s strategic role.　　However, an outlier in this trend is the 2021 cohort, which is recording a realized price level around $35,000, marking a loss relative to the current trading price. Importantly, since October 2022, this cohorts realized price level has been on a downward trajectory. This decrease suggests a shift in market sentiment and trading behavior amongst this particular cohort.　　Exchange Withdrawal Average: (Source: Glassnode)　　The post Bitcoins pivot around $26.6k: key price level shapes trading behavior appeared first on CryptoSlate.

2023-09-16Bitcoin

Inilunsad ang Horizon Worlds ng Meta sa mobile at web sa maagang pag-access

Tech　　Inilunsad ang Horizon Worlds ng Meta sa mobile at web sa maagang pag-access　　8 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Meta CEO Mark Zuckerberg has finally made the move to expand his metaverse Horizon Worlds from virtual reality headsets to peoples smartphones and computers.　　The 3D avatar-based social platform announced in a Sept. 15 blog post that it has started rolling out its first Meta Horizon world to mobile and web in an early access state.　　The only experience immediately available is Super Rumble, a free-for-all shooter that launched in late July, allowing two to six players to come together in fast-paced matches lasting five minutes. Meta said that more experiences and worlds will be coming to the platform over the coming months.　　With the initial rollout, only a small number of people will be able to access it on the web or the Meta Quest app on Android, with an iOS rollout slated for the coming weeks.　　“Early access will roll out to more people gradually as we gather feedback and evolve the experience,” said Meta.　　“The metaverse should be available to everyone — no matter what device theyre on,” the tech giant added.　　“And while Quest headsets are the most immersive way to access the

2023-09-16Industriya

Isa pang Pinaghihinalaang Hack sa isang Cryptocurrency Exchange: Malaking Outward Transfers

According to a statement published by cryptocurrency security company Cyvers, cryptocurrency exchange platform Remitano was hacked and lost $2.7 million worth of funds across three different chains.　　Cyvers said that its artificial intelligence learning-based system detected multiple abnormal transactions on the Remitano exchange, resulting in the theft of funds from the Ethereum, Tron and Binance Smart Chain networks.　　The company contacted Remitanos team to stop additional losses and begin efforts to recover the suspected stolen funds.　　Cyvers also explained that 1.4 million USDT in Ethereum and 537,000 USDT in Tron were able to be frozen and recovered, preventing further damage to Remitano users.　　However, the status of the remaining $763,000 in funds on Binance Smart Chain is still unclear. Cyvers said he worked closely with Remitano and other relevant parties to investigate the incident and track down the hackers.　　Remitano, a relatively small cryptocurrency exchange, published a note stating that the coin deposit/withdrawal process was under maintenance after the hacking incident and announced that the situation would be resolved within 48 hours.

2023-09-16Industriya

HKMA Cracks Down On Crypto Banks With Warning Against Misleading Claims

The Hong Kong Monetary Authority (HKMA) has issued a stern warning on its official website, cautioning virtual asset institutions against making deceptive claims of being “crypto banks,” “virtual asset banks,” “digital asset banks,” “digital banks,” or “digital transaction banks.”　　These institutions have also been cautioned against promoting their services as “banking services” or “bank accounts,” using the term “deposit” to describe customer funds, and advertising “savings plans” as “low risk” with “high returns.”　　The HKMAs warning underscores that such practices could potentially violate the Banking Ordinance. According to this ordinance, only licensed banks, restricted license banks, and deposit-taking companies, collectively referred to as “authorized institutions,” holding licenses from the HKMA are permitted to conduct banking operations and accept deposits in Hong Kong.　　The ordinance also makes it clear that anyone other than an authorized institution who operates under the name “bank” or suggests that they are involved in banking activities in Hong Kong commits an offense. Accepting deposits from the public without authorization is likewise an offense.　　Additionally, the HKMA has reminded the public that virtual asset institutions not recognized as Hong Kong banks do not fall under the HKMAs regulatory oversight. Consequently, funds deposited with such institutions or platforms are not protected by

2023-09-16Industriya

Ang Bitcoin Dominance Chart ay Nagpapakita ng Bullish Momentum, Nagpahiwatig ng Mga Bagong High

Bitcoin　　Ang Bitcoin Dominance Chart ay Nagpapakita ng Bullish Momentum, Nagpahiwatig ng Mga Bagong High　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Benjamin Cowen has observed a unique pattern on the Bitcoin Dominance chart.　　Cowen showed that breakouts on the Bitcoin Dominance backtest previous trendlines.　　Each breakout and backtest is followed by a big move to new highs.　　Benjamin Cowen, founder of Into The Cryptoverse, has observed a unique pattern on the Bitcoin Dominance chart. In a recent post, Cowen revealed that each prior breakout on the Bitcoin Dominance daily chart had a backtest of the trendline, followed by a big move to new highs.　　Cowen considers this pattern an interesting trend. Another X app user identified as Zino spotted an additional feature. Zino noted that the Bitcoin Dominance is so strong that it doesnt retest the breakouts whenever they happen.　　According to Santiment, the market intelligence platform with on-chain and social metrics, on Thursday, September 14, Bitcoin experienced the highest Profit vs. Loss ratio in two months. The analytics platform revealed that the flagship crypto continued to see 5-month high levels of unique wallet activities.　　Santiment noted an average of 1.1 million wallet addresses sent and received Bitcoins daily in the last five months. It also revealed

2023-09-16Bitcoin

Ang Presyo ng XRP ay Lumampas sa $0.5, Naghahanda ang Mga Namumuhunan Para sa Isang Tamang Party

| Tradingview　　For now, the path with the least resistance is to the upside based on the bullish outlook exhibited by the buy signal from the Moving Average Convergence Divergence (MACD) indicator.　　The momentum behind XRP increases as bulls gain confidence in the uptrend, characterized by the blue MACD line holding above the red signal line. The momentum indicator is generally expected to close the gap to the mean line (0.00) and ultimately lift into the positive region.　　Short-term speculators may want to book their profits from $0.52, which marks the falling wedge pattern breakout target. However, highly bullish investors might consider keeping their positions intact ahead of Ripples victory party later in September.　　Ripple‘s Victory Party – What’s In Store　　Ripple is getting ready to hold what the company has dubbed a “Proper Party” to celebrate the win against the Securities and Exchange Commission (SEC) on September 29. The ruling, made in July determined that programmatic sales of XRP on third-party platforms are not securities as opposed to direct sales made to institutions.　　Brad Garlinghouse, the CEO of Ripple, said on August 28 that it is time for a “Proper Party” which will not only celebrate what the win means for the leading international payment

2023-09-16Industriya

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