Pinakabagong Balita sa Crypto at Market Updates

Itinaas ng Citigroup ang PANW Stock Price Target sa $285: Hold o Exit?

Palo Alto Network Inc. (PANW) stock price slumped nearly 6% in the last week delivering weakness over the charts. The stock price declined below the 50-day EMA on Thursday and maintained the same intraday session on Friday indicating weakness in the price trend.　　However, the daily chart illustrates that the PANW stock persisted in a strong trend for the last 2 quarters. The stock yielded a return of 61.70% on a year-to-date basis; outperforming the index returns. The PANW share price maintained above the 50-day EMA for most of the time. Moreover, the stock price showed short-term drawdowns which were later soaked up by the aggressive presence of bulls at the lower levels.　　Analysts offering a 1-year price forecast for Palo Alto Network Inc. have a maximum estimate of $340 with an upside potential of more than 48% and a minimum estimate of $225. Moreover, Citigroup has raised PANW share Price yearly targets to $285 which was previously at $260, and maintains a buy rating.　　Pinagmulan: barchart.com　　PANW stock option-chain analysis states that the current implied volatility in the market is 29.72% with a decrement of 0.41% in the last trading session. The at-the-money strike has an OI of 1439 on the PUT side

2023-09-24Industriya

Mga Beteranong Namumuhunan na Naghula ng Pagtaas ng Fantom (FTM), Sinabi na Magagawa ng Bitcoin Fork na Ito ang Pareho

Bitcoin　　Mga Beteranong Namumuhunan na Naghula ng Pagtaas ng Fantom (FTM), Sinabi na Magagawa ng Bitcoin Fork na Ito ang Pareho　　47 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Seasoned crypto investors who successfully predicted the rise of Fantom (FTM) are now pointing to a particular Bitcoin fork. With the crypto markets twists and turns, these experienced minds believe that this Bitcoin Spark holds the potential to replicate the remarkable ascent of Fantom in the competitive crypto landscape.　　Bitcoin Spark (BTCS)　　BTCS is a cryptocurrency and blockchain technology striving to revolutionize crypto through its innovative approach and technology. Bitcoin Spark deploys a Proof-of-Process (PoP) mechanism, which attracts staking and work done. This hybrid approach enhances scalability, security, and decentralization while making mining more accessible to diverse participants. It prioritizes inclusivity, allowing individuals with varying computational resources to participate in the mining process. It aims to level the playing field, reducing the dominance of wealthy miners often seen in traditional PoW systems.　　The project implements a unique rewards distribution model that considers both the miner‘s stake in the network and their contribution in terms of processing power. This approach prevents the concentration of rewards among a few large players. The BTCS token serves various use cases within

2023-09-24Bitcoin

Mga Pangalawang Deadline para sa Spot Bitcoin ETF sa 23 Araw, Aaprubahan ba ng SEC?

Balita ng Ethereum ng Bitcoin　　The crypto community awaits SEC approval of Bitcoin spot ETF in the coming weeks.　　Influential figures have argued for the SECs eventual approval.　　Prominent institutional plan to fight fiercely for market share upon greenlight.　　The crypto community is speculating that the Securities and Exchange Commission (SEC) of the United States will approve the first spot Bitcoin exchange-traded fund (ETF) within the coming weeks.　　In a recent tweet, prominent crypto influencer Crypto Rover argued that the SEC chairman Gary Gensler has no option but to approve more than one of the Bitcoin spot ETFs that have been filed. In his words, “Gary Gensler will eventually have to approve Spot Bitcoin ETFs.”　　Notably, Rover reached this conclusion based on the timelines available for the ETF application approval or disapproval. He highlighted that it is just 23 days from the second deadline for comments on multiple pending Bitcoin ETF applications.　　According to the image accompanying the tweet, the approaching deadline is for BlackRock, Bitwise, Wisdom Tree, Invesco Galaxy, Fidelity, Hashdex, VanEck, and Valkyrie applications. Specifically, the second deadline for the highlighted firms is between October 7 and October 19, 2023.　　Meanwhile, the U.S. regulator has already delayed these pending Bitcoin ETF applications. In particular, the first

2023-09-24Industriya

3 Pivotal Factors That Could Drive Ripples XRP Price to $12, According to This Analyst ⋆ ZyCrypto

Tech　　3 Pivotal Factors That Could Drive Ripples XRP Price to $12, According to This Analyst ⋆ ZyCrypto　　5 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　As the crypto market continues to trade in turbulence, XRP, like BTC, ETH and other cryptocurrencies, has become ensnared in the volatility crisis, with investors now concerned about its future trajectory.　　Notably, despite positive developments in the past year, the fifth-largest cryptocurrency by market capitalization has continued to plunge and is currently down roughly 74% from its all-time high.　　Despite this uncertainty, well-known crypto analyst Zack Rector has outlined three pivotal factors that could drive XRP to new heights. On Monday, the analyst underscored the significance of the court denying an appeal by the U.S. Securities and Exchange Commission (SEC) in its ongoing tussle with Ripple, citing it as one of the catalysts with the potential to drive XRP prices to greater heights.　　For context, it‘s worth noting that after Ripple’s significant victory on July 13, 2023, in their legal battle against the SEC regarding XRPs market classification, the SEC swiftly countered with a motion for an interlocutory appeal. They aimed to contest the decision, contending that this appeal was essential to thoroughly address potential violations by Ripple and its

2023-09-24Industriya

Payments shouldn’t be handled on the Ethereum and Bitcoin networks

Bitcoin Ethereum　　Payments shouldnt be handled on the Ethereum and Bitcoin networks　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Crypto companies are currently making payments entirely wrong because they are not accounting for the most important people: the end consumers. Earlier this year, it was reported that cryptocurrency investors were facing delays concerning withdrawing funds deposited on the Ethereum blockchain.　　This was following its significant software upgrade, and it created persistent headaches for Ethereum, a platform, which aims to have its technology widely used for instant transactions. This resulted in ether worth around $1.4 billion being stuck in a withdrawal queue. The delays were a prime example of the limits in the transactions that Ethereum could process.　　This highlighted its potential shortcomings in terms of becoming a widely-used financial infrastructure. While Ethereum has grown popular within the crypto market, it has yet to be used in mainstream payments, commerce, and finance. Despite these challenges and issues, Ethereum holds a superior position, and users continue to stand by it.　　The reason for this is that it is fairly decentralized, which is key for preventing a chain from being hijacked by those validating it and for network security. It is the most decentralized smart contract blockchain within

2023-09-24Industriya

Ethereums Post-Shanghai Upgrade Activity Disappoints, JPMorgan Analysts Report

Ethereum　　Ethereums Post-Shanghai Upgrade Activity Disappoints, JPMorgan Analysts Report　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereum underwent the Shanghai upgrade to enhance network activity and strengthen the DeFi ecosystem about a year ago.　　However, a recent report from JPMorgan suggests the upgrade has not met expectations due to an overall decrease in the networks activity since then.　　Ethereums Network Activity Declines Post-Upgrade　　The Shanghai upgrade was a milestone for Ethereum, transitioning the blockchain from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism. This shift aimed to decrease energy usage and increase network activity. However, JPMorgans analysis revealed a decline in Ethereums network activity after the hard fork.　　According to the report, daily transactions on the Ethereum network have experienced a drop of approximately 12% since the upgrade. The number of daily active addresses on the blockchain has also fallen by nearly 20%, indicating a decrease in user engagement and participation. Total Value Locked (TVL) in DeFi has also witnessed a slump of almost 8%.　　JPMorgan‘s analysts believe external factors in the crypto environment may have influenced Ethereum’s performance after the Shanghai upgrade. One challenge Ethereum has faced is bearish forces in the crypto market, like setbacks in projects such as Terra and FTX in the

2023-09-23Ethereum

Ethereum Network Staking Inflow at Validator Mula noong Pag-upgrade ng Shapella

Ethereum　　Ethereum Network Staking Inflow at Validator Mula noong Pag-upgrade ng Shapella　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Since the Ethereum (ETH) network moved to the new consensus mechanism, the operations saw some shifts as well. The staking inflows and validators, what used to be miners earlier, took place in the new regime. Given that the crypto market is always moving, the changes are certain. ETH staking inflows and the number of validators have changed in the past months, as expected, after the Shapella upgrade.　　Ethereum Staking Inflow Tumbled Since Shapella Upgrade　　Following the Ethereum Shapella upgrade in April this year, the ETH staking inflows saw a massive jump. However, it was unable to keep up the pace and gradually settled down below the level it was during the upgrade.　　According to the Dune Analytics data, the ETH inflows on April 13, one day after the upgrade rollout, were 96,256. This rose to 408,940 on June 1, 2023, making the numbers quadruple in less than two months.　　On September 22, the reported ETH inflows stood at 40,963. Though it‘s not the lowest since the Shanghai upgrade, it’s more than half since then.　　The staking inflows stand for the metric that gauges the number of unique or

2023-09-23Ethereum

Bumili ang mga mamumuhunan ng $250M ng FTX claims — Ulat

Tech　　Bumili ang mga mamumuhunan ng $250M ng FTX claims — Ulat　　10 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The bankruptcy claims market has been growing bullish on the debts of the collapsed cryptocurrency exchange FTX as major credit investors have been rushing to buy FTX debts.　　Investors like Silver Point Capital, Diameter Capital Partners and Attestor Capital have purchased more than $250 million worth of FTX debts so far in 2023, Bloomberg reported on Sept. 21, citing an in-house analysis of public court filings.　　The FTX debt has also attracted investors like Hudson Bay Capital Management, which reportedly bought a $23 million FTX claim and subsequently sold about 50% of it to Diameter.　　In line with growing demand, the price of some FTX claims has been soaring this year. Some low-ranking FTX claims have jumped 191%, surging from $0.12 in early 2023 to about $0.35 recorded in recent weeks, the report said, citing data from the crypto debt broker Claims Market.　　The historical indicative prices of “bid” and “ask” for larger FTX claims have also risen this year, according to the Claims Markets charts.　　The debt investors have been piling up FTX claims, betting that the firm‘s bankruptcy process would unlock additional value by the time

2023-09-23Industriya

Ethereums prospects shift: SEC acknowledges new spot ETF application

Ethereum　　Ethereums prospects shift: SEC acknowledges new spot ETF application　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Mamamahayag　　ETFs have been a major topic of discussion for the last few months and have mostly revolved around Bitcoin [BTC]. This time, Ethereum [ETH] is the subject of the latest ETF-related development.　　Ilan ang halaga ng 1,10,100 ETH ngayon？　　The SEC has reportedly acknowledged review of two ETF applications pertaining to Ethereum. The ETF applications in question were filed by Ark Invest and VanEck.　　The acknowledgement might not necessarily be an approval, but it highlights a positive step forward as opposed to a rejection from the regulatory authority.　　The above outcome means there is a considerable chance that the two ETH ETF filings might receive approval sometime soon. There will be a 45-day period, during which members of the public will be allowed to issue their opinions regarding the ETFs.　　While this does not constitute confirmation that the ETFs will be approved, it points towards a potential positive outcome.　　An approval of the Ethereum ETFs would open the flood gates of institutional liquidity into the cryptocurrency. The subsequent demand could potentially facilitate a bullish outcome. The ETH ETFs come at a time when the cryptocurrency has been struggling to secure bullish

2023-09-23Ethereum

Ethereum’s ‘Dencun’ upgrade likely delayed into 2024

Ethereum　　Ethereum‘s ’Dencun upgrade likely delayed into 2024　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereums next major upgrade, Dencun, will likely see a delayed launch according to statements from developers during a meeting on Sept. 21.　　Though Dencun is largely complete, it is still under development and in need of testing. Tim Beiko, a member of the Ethereum Foundation, said that Dencun still must be deployed to a testnet. He added that the timing of this step could delay Cancuns launch on the Ethereum mainnet — where real transactions occur — into the new year.　　Beiko said during the meeting:　　“I think the implication is, if we don‘t do a test net before Devconnect [Nov. 13-18] … it’s probably unlikely we can do mainnet before the … Christmas holidays … and people being gone so thats probably not the best time for committment.”　　Developers previously did not give Dencun a definite date, but most previous estimates suggested that the upgrade would go live before the end of 2023.　　Devs consider target testnet　　News of a possible Dencun delay comes shortly after Ethereums Holesky testnet experienced launch issues. Holesky continues to wait for a relaunch.　　During the current meeting, Developers addressed whether the Holesky testnet will be available for

2023-09-23Industriya

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