Pinakabagong Balita sa Crypto at Market Updates

Ethereum Price Trims Gains and Could Revisit Key Range Support

Ang Ethereum ay kasalukuyang gumagalaw nang mas mababa mula sa $1,880 resistance zone.　　Ang presyo ay kinakalakal sa ibaba $1,830 at ang 100-oras na Simple Moving Average.　　Mayroong isang pagkonekta ng bearish line ng linya na bumubuo sa paglaban na malapit sa $ 1,840 sa oras-oras na tsart ng ETH / USD (data feed sa pamamagitan ng Kraken).　　The pair could accelerate lower toward the $1,790 and $1,780 levels.　　Ethereum Price Fails Again　　Ethereums price attempted a fresh increase above the $1,850 resistance zone. However, ETH bears remained active near the $1,880 level and the price started another decline, similar to Bitcoin.　　The price declined from the $1,873 high and traded below the $1,850 support. There was a clear move below the 50% Fib retracement level of the upward move from the $1,792 swing low to the $1,873 high. Ether price is now trading below $1,830 and the 100-hourly Simple Moving Average.　　There is also a connecting bearish trend line forming with resistance near $1,840 on the hourly chart of ETH/USD. Immediate resistance is near the $1,830 zone and the 100-hourly Simple Moving Average.　　Pinagmulan: ETHUSD sa TradingView.com　　The first major resistance is near the $1,840 level and the trend line. A close above the $1,840 resistance could send

2023-05-24Ethereum

International securities regulator proposes framework for crypto assets

The International Organization of Securities Commissions (IOSCO) has proposed the first-ever global approach for regulating the crypto asset and digital markets. This game-changing development aims to fortify consumer protection and uphold market integrity across the expansive and evolving crypto landscape.　　In a paradigm shift for crypto finance, IOSCO has proposed a groundbreaking regulatory framework for the crypto asset and digital markets.　　International securities watchdog IOSCO unveiled on Tuesday the first global approach to regulating cryptoasset and digital markets, drawing on lessons from last years collapse of the FTX exchange that fuelled concerns over consumer protection. 　　— SABC News (@SABCNews) Mayo 23, 2023　　This significant step, spurred by last years FTX exchange collapse and a call for standardized rules by the crypto industry, has opened the door to a more secure and streamlined global crypto landscape.　　Jean-Paul Servais, the Chairman of IOSCO, characterizes the proposed regulations as a “turning point,” marking a concerted effort to address pressing risks to investor protection and market integrity.　　With a firm footing in established financial markets safeguards, the IOSCO proposals aim to manage a broad spectrum of potential issues, from conflicts of interest and operational risks to market manipulation.　　Filling the regulatory void　　IOSCOs policy recommendations, now open for public comment, emphasize

2023-05-24Industriya

+6.8% in 24 hours - Understanding Shiba Inus latest rally

Shiba Inu‘s [SHIB] recent lack of volatility has limited the meme coin’s ability to make any significant price movement. However, the past 24 hours have seen the inflow of meaningful volume for Shiba Inu. As of press time, this spurred bulls to register a 6.8% gain with SHIB trading at $0.00000905.　　Basahin ang Prediction ng [SHIB] ng Shiba Inu 2023-24　　With Bitcoin [BTC] posting 2.5% gains within the same time period, will this boost Shiba Inus price, or will it be a brief increase before the bearish momentum continues？　　Shiba Inu bulls looking to rally　　Pinagmulan: SHIB/USDT sa Trading View　　According to CoinMarketCap, the global crypto market recorded a 1.63% increase over the past 24 hours. A look at the four-hour timeframe showed that Shiba Inu bulls looked to take advantage. Price rose sharply from $0.00000841 to $0.00000918 before consolidating at $0.00000905.　　Technical indicators reflected the short-term price gains. The Relative Strength Indicator (RSI) rose sharply above the neutral 50 mark and stood at 66, as of the time of writing. This hinted at an increase in buying momentum. The Awesome Oscillator (AO) also rose above the zero mark and posted a series of green bars, highlighting the growing bullish sentiment.　　A full bullish rebound will be

2023-05-24Industriya

WUBITS Launches New Features for Crypto Enthusiasts Seeking Connection and Innovation

[PRESS RELEASE – New York, United States, May 23rd, 2023]　　The crypto community thrives on digital connections and exchanging ideas. The techno-activists Cypherpunks owe their rise to social media platforms, as does the birth of cryptocurrencies and blockchain technology.　　Its no wonder that blockchain-based social networks are popping up left and right, ready to reward users with crypto for simply being social butterflies.　　WUBITS is taking it to the next level, gamifying trading, social networking, and creating a space where traders and crypto enthusiasts can mingle, share ideas, and monetize.　　Leaps Ahead: The Demise of Trading Pits and the Emergence of a New Era　　Gone are the days of bustling trading pits, where shouting traders and chaotic energy fueled the markets. In one word: pandemonium.　　As trading evolved into a digital activity, crypto has given birth to a fresh era of emotions and community, now found on various social media platforms. Twitter and other networks have become hosts to an abundance of sentiment, trading ideas, and passion, reflecting the markets highs and lows.　　Yet, this digital age is tainted by the presence of bots, spam, and fake accounts. Creators are left walking on eggshells, cautious of being flagged or banned by big platforms. The evolution from trading

2023-05-23Industriya

This Record Breaking Dutch Startup Just Made Cultivated Meat In 8 Days

Cultivated meat is closer than ever to your dinner table, with a massive increase in efficiency that means pork meat can be grown in just one week.　　When I reported on Meatable earlier this year, they told me they could make pork meat in a few weeks.　　That was already a lot quicker than on the farm, where a pig is reared for eight months before being slaughtered.　　But at SynBioBeta this week, Meatable announced that they have smashed their own record.　　“Last year it would take us three weeks to differentiate cells, and now weve brought that down to only a few days,” said Daan Luining, co-founder and CTO of Meatable. We expect to continue to reduce this time period further.　　“Weve created a product of the highest quality with the expressions of proteins and long fatty acid chains which are essential to give meat its unique pork sensory experience.”　　Meatable sausage　　Meatable　　What is Meatables cultivated meat？　　Meatable creates cultivated meat from just a single animal cell using the same opti-ox™ technology as bit.bio uses to make human cells for medicines.　　The technology enables Meatable – whose co-founder Mark Kotter is also CEO of bit.bio – to convert animal stem cells into meat.　　That single starter cell is slightly

2023-05-23Industriya

Analysts Predict Sparklo (SPRK) to Surge Ahead of Loopring (LRC)

The crypto market features different tokens, including those primed for a surge and others with an imminent dump. Consequently, it is up to crypto investors to determine projects poised for a rally and invest early in them, which is what the Sparklo presale is. This article will explore why analysts predicted Sparklo would have significantly higher growth than Loopring (LRC).　　Sparklo is a new and unique idea that aims to bring investment in exquisite and luxury assets such as gold, silver and platinum bars closer to the crypto community. The innovative protocol will enable fractional investments in the largely indivisible assets through NFTs backed by the asset itself. Additionally, jewellery stores will also be able to market their products on the platform, thereby providing investors with first access to new products. Furthermore, if you want complete ownership of assets, you can purchase the entire NFT and it will be shipped to you.　　Sparklo‘s native token is currently in presale and costs only $0.022, with a further 50% bonus as an incentive. In addition, experts have predicted that its cheap price will experience exponential growth and exceed 3,000% before the end of 2023. We believe the token’s unique fundamentals set it apart from

2023-05-23Industriya

AIs Journey and Implications for Our Future

What exactly is the Singularity, and what implications does it hold for our collective future？ This enigmatic concept refers to a potential moment when artificial intelligence (AI) attains levels of intelligence and autonomy that surpass human capabilities. It marks the point at which machines become self-improving entities, triggering a cascade of advances that defy our current understanding.　　In this article, readers will gain a comprehensive understanding of the Singularity and its potential impact on our world. They will explore AI‘s journey towards human-like capabilities and discover the fascinating Time to Edit (TTE) metric that measures AI’s progress.　　Additionally, readers will gain insights into the confluence of technologies driving us closer to the Singularity, including gene therapy, robotics, and nanotechnology. Could we be approaching this event horizon？ The signs are increasingly evident.　　On the Verge of Transformation　　As we approach the mid-21st century, a pivotal juncture looms before us: the Singularity. This concept, envisioned by inventor Ray Kurzweil, foretells a time when AI transcends human control, forever transforming the very fabric of our society. In this captivating exploration, we will delve deeper into AIs remarkable journey towards human-like capabilities, examine the profound implications of the Singularity, and assess the proximity of this transformative event.　　Unveiling the

2023-05-23Industriya

Aave Price In Consolidation Zone

Aave, A decentralized lending protocol involving lending, borrowing, and interest-earning on interest on crypto assets without the involvement of central authority. It allows you to take out quick cryptocurrency loans using another cryptocurrency you own. It also allows users to lend their crypto and earn interest.　　Recently, the AAVEs price has shattered the support level of $66 and formed support at the $62 level. The move was initiated after the price received a rejection from the $74, which triggered the drop, and increased bearish momentum caused the breakout.　　The price is hovering near the resistance level of $66 and trying to enter the consolidation zone again. AAVE price in the past week struggled to rise above the resistance level of $66 and started to drop, but bulls entered the market to help the price form support at $64.　　Source: AAVE/USDT by TradingView.　　After the formation of support, the price started to rise but still has not been able to close above the $66 resistance. If the price can rise above the immediate resistance, there is a higher probability for the price to retest $74 and head toward the annual highs.　　While on the other hand, if the price can break the recent support, the price

2023-05-23Industriya

Bitcoin Price Heading To Danger Level; Whats Next $30k Or $25k?

The price of the leading cryptocurrency bitcoin is currently swaying between $27,000 and mid $26,000. At the time of writing, BTC is trading at just above $27,300, nearly 2% up during the day. With todays pump, bitcoin could potentially be on the cusp of a bullish breakout..　　Crypto analyst Credible Crypto iminungkahi that with todays price pump we might be looking at the highs at $27,700. However, the analyst suggested, the price may face a potential rejection at that level given the recent lows and aggregate open interest.　　Bitcoin price to see next resistance at mid $28k　　The analyst further suggested that if the bullish momentum we are currently seeing is strong enough and this isnt just a fakeout above our highs, we should push to the mid $28k. The leading cryptocurrency then would have entered the next major resistance. Post that resistance, BTC price will witness a huge surge, as per the analyst.　　Glassnode co-founder Negentropic also believes that the bottom for bitcoin is near and that it is only a matter of time before the price “goes off. As per his pagsusuri, bitcoin shorts are getting exhausted after failing numerous attempts to break below 200 SMA, a level which he deems to

2023-05-23Bitcoin

Bitcoin & Altcoin Trading Volumes Plunge, What Does It Mean?

Data shows the combined trading volume of Bitcoin and the altcoins have hit the lowest value in more than a year. Heres what this may mean.　　7-Day Volumes Across The Cryptocurrency Market Have Dropped Recently　　Ayon sa data mula sa on-chain analytics firm Santiment, the volumes were last at any significant levels back in March of this year. The “trading volume” is an indicator that measures the daily total amount of a given asset thats being moved around on the blockchain.　　When the value of this metric is high, it means the cryptocurrency in question is observing the movement of a high number of coins right now. Such a trend suggests that the investors are actively trading in the market currently.　　On the other hand, low values of the indicator can be a sign that there isn‘t much interest in the asset among the investors at the moment, as they aren’t taking part in any significant transaction activity on the network.　　Now, here is a chart that shows the trend in the 7-day trading volume for some of the largest assets by market cap in the sector over the last year:　　The value of the metric seems to have observed some decline in recent days |

2023-05-23Bitcoin

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