Pinakabagong Balita sa Crypto at Market Updates

Tesco chairman to step down amidst claims of misconduct

John Allan – Chairman of Tesco PLC (LON: TSCO) will step down at the companys annual meeting with the investors on June 16th, the supermarket chain confirmed on Friday.　　Allan denies claims of misconduct　　The announcement arrives only days after a report said four women have alleged Allan of inappropriate conduct.　　Allan has strongly denied three of these claims and apologised for the fourth which was a comment he made on the appearance of a female member of the CBI staff.　　Nonetheless, Tesco said today that his tenure was bound to end shortly. The stock market news arrives about a month after the multinational retailer said its pre-tax profit halved in fiscal 2023 (read more).　　Tesco shares are still up more than 15% versus the start of the year.　　Byron Grote to serve as interim chair　　Tesco PLC also confirmed that it has already started the process of finding a successor and that a name will be announced soon.　　In the meantime, Byron Grote – its Senior Independent Director will take on the role of interim chair at the annual shareholder meeting. Commenting on todays development, Grote said:　　While we have received no complaints about Johns conduct and made no findings of wrongdoing, these allegation risk becoming a distraction

2023-05-19Industriya

EOS Price Arrives at the Demand Zone

EOS is hovering near the major demand zone and received rejection from $0.83 level. The gains EOS made in 2023 have been almost lost. The Year-to-date return has come down to 3.25%.　　Recently, the EOS price did a breakout from the $0.985 level in downward direction, and if the price is able to break below the lower wick of previous candle, there is a higher probability for the price to retest the major support again.　　An uptrend in price began at the start of 2023 with a rise of approximately 55% from $0.856. The uptrend helped in forming a high at $1.34 level. The high triggered correction in the price due to the increased participation of sellers.　　EOS price declined approximately 27% and formed support at the $0.985 level. The crypto currency price did try to retest the annual highs but was halted by the presence of bears at $1.26 level.　　EOS and Ethereum Correlation　　In the past 30 days, the correlation between EOS and Ethereum has reached 0.85, indicating that as Eth price received rejection from the $2000 level, the bearish momentum got triggered in EOS price. If Eth price breaks below $1800 level, there is a higher probability that price might break below

2023-05-19Industriya

XRP Defies Crypto Decline as Ripple Seems to Have Upper Hand in SEC Case

In an interesting turn of events, XRP, Ripples native token, has shown resilience in the face of an otherwise declining crypto market, posting a 2% gain in the last 24 hours. The uptick comes on the back of recent developments suggesting Ripple may be gaining an edge in their ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). Over the last week, the value of XRP has surged by more than 8%, leading the pack amongst major tokens right now.　　Ripples Judicial Triumph: Glimmers of Hope　　The momentum shift for XRP seems to be stemming from a favorable ruling in the court case on May 15. District Judge Analisa Torres of the U.S. District Court for the Southern District of New York ruled that the SEC cannot seal documents related to a 2018 speech by former official William Hinman on the status of cryptocurrencies and securities. The courts decision hinged on the view that these documents were “pertinent to the judicial process.”　　A Landmark Date Looms　　This latest court ruling has fueled optimism among XRP traders who believe that the recent court victory for Ripple could mark a significant win in the case overall. SECs shifting stance on cryptocurrency legislation has also

2023-05-19Industriya

NFT Marketplaces Diminish in Ethereum Gas Use Amid Fee Crisis

Ethereum NFT　　NFT Marketplaces Diminish in Ethereum Gas Use Amid Fee Crisis　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　NFT marketplaces no longer top Ethereums gas consumption, accounting for just over 3% of all gas usage.　　Despite Ethereums transition to proof-of-stake (The Merge), high gas prices persist.　　Investors consider alternatives like Cardano, which is more cost-efficient due to its recent Hydra upgrade.　　In a notable shift in Ethereums gas consumption patterns, Non-Fungible Tokens (NFTs) no longer reign as the top gas guzzlers on the network. Data from the crypto analytics platform Nansen revealed that last week, NFT marketplaces accounted for just over 3% of all gas consumption. In stark contrast, the decentralized exchange Uniswap used more than ten times that amount, clocking in at 31.99%. Highlighting the development, Nansen tweeted:　　Gone were the days of NFTs topping the Ethereum gas-consuming charts. This week, of the top 20 gas consumers, OpenSea and Blur accounted for less than 10% combined.　　This shift occurred despite an ongoing surge in Ethereum gas prices. Such price increases are not new to the Ethereum network but have become uncommon since Ethereums transition from a proof-of-work (PoW) protocol to a proof-of-stake (PoS) system, a move known as The Merge, completed in September 2022.　　Despite initial

2023-05-19Ethereum

XRP and PEPE Lead Markets, Bitcoin and Ethereum Flat but in Green: This Weeks Crypto Recap

Bitcoin crypto Ethereum　　XRP and PEPE Lead Markets, Bitcoin and Ethereum Flat but in Green: This Weeks Crypto Recap　　23 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Well, the past week had some exciting developments to offer, at least in certain segments of the market. The broader capitalization barely increased by around $5 billion, currently standing shy of $1.2 trillion. This came on the back of a relatively flat performance of major cryptocurrencies, but some altcoins managed to surprise. Lets dive in.　　It‘s been a back-and-forth with Bitcoin this week. The cryptocurrency was trading at around $26,500 this time last week and managed to increase to around $27,500 a few days later. It plunged back below $27K, only to test $27,500 again on Thursday. The bears weren’t having it, though, and made another decisive swing down, putting BTC‘s price where it’s currently trading at around $26,800, booking a slight increase of 1.3%.　　Ethereum is also trading for a 2% increase on the weekly, followed by Cardano (ADA), MATIC, DOT, and TRX – all of which managed to book similar gains.　　But thats where things get more exciting.　　Ripple‘s XRP increased by around 8% in the past seven days, positioning it as the clear leader within the top

2023-05-19Ethereum

Bitcoin Investors Sink Into Fear, Time For Rebound?

Data shows that Bitcoin investors have been showing signs of fearful sentiment as the price of the cryptocurrency has plunged below $27,000.　　Bitcoin Social Dominance Spike Suggests Fear In Market　　Ayon sa data mula sa on-chain analytics firm Santiment, BTCs social dominance has seen an uplift recently. The “Bitcoin social dominance” is an indicator that measures the percentage of the total discussions involving the top 100 assets by market cap that mention BTC.　　Ang sinasabi sa atin ng panukat na ito ay kung paano inihahambing ang kasalukuyang interes sa BTC sa mga mamumuhunan sa mga altcoin. Sa kasaysayan, ang mataas na interes sa mga altcoin (ibig sabihin ay mababa ang social dominance ng BTC) ay naging tanda ng kasakiman sa merkado.　　Karaniwan, ang mga merkado ay nakakakuha ng isang mas mataas na posibilidad na lumipat sa tapat ng mas malawak na sentimento sa merkado kung mas ang damdamin ay nakasandal sa isang partikular na direksyon. Kaya, sa panahon ng kasakiman, ang mga pagwawasto sa mga presyo ay maaaring maging mas malamang.　　Kapag mataas ang social dominance ng BTC, gayunpaman, ito ay senyales na ang interes sa BTC ay mataas sa ngayon. Ang ganitong mga kondisyon ng merkado ay maaaring maiugnay sa pagkakaroon ng takot, at

2023-05-19Bitcoin

We Asked ChatGPT If Ethereums Price Can Flip Bitcoin in the Next 5 Years, Heres the Answer

A topic as old as time, if time was a few years old – will Ethereum flip Bitcoin in terms of total market cap？ Will ETH overtake BTC？　　This has been the “to be or not to be” in the cryptocurrency industry, and it pins communities against each other like no other. It‘s true that BTC has been the predominant market leader ever since it has been created, but a few years ago, who would have thought that another cryptocurrency would have a market cap worth over 40% of Bitcoin’s？ Well, thats the case for Ethereum today.　　So, we decided to do what any sane person in 2023 would do – ask an AI language model what it (？) thinks. ChatGPT is all the rage in 2023, so who better to ask？　　Maaari bang i-flip ng Ethereum ang Bitcoin？　　First things first, we prompted ChatGPT with this exact question: “Do you think Ethereum‘s price can flip Bitcoin’s price in the next 5 years？”　　The AI came back to us, explaining that this is an outcome thats “uncertain and depends on various factors.”　　Kabilang dito ang:　　According to ChatGPT, Ethereums robust ecosystem and use cases, such as DeFi, NFTs, and whatnot, could help it flip Bitcoin.　　Ethereums broader use

2023-05-19Ethereum

Rich Dad Poor Dad Author Says Buy Bitcoin, Crash Landing Coming

Prominent financial guru and writer again confirms his support for Bitcoin as he makes another prediction of major crisis coming　　The financial expert, investor and nonfiction writer mostly famous for his book “Rich Dad Poor Dad,” Robert Kiyosaki, has taken to Twitter to talk Bitcoin again after a break.　　He again asserted that a “crash landing” for the global economy is coming and spoke in favor if Bitcoin and other hedges against the economic collapse he has been expecting to happen since 2020.　　“Bitcoin is best insurance”　　Robert Kiyosaki stated that Bitcoin, gold and silver remain the “best insurance” in the current economic situation in the U.S. He believes that a “crash landing” is coming, rather than a soft landing or hard landing, as some others may believe. He added that he hopes to be wrong, though.　　SOFT LANDING？ HARD LANDING？ O CRASH LANDING？ sabi ko crash landing. Sana mali ako pero yun ang pinaniniwalaan ko. Mataas ang corruption at corrupt ang mga pinuno. Bumili ng gokd, pilak, Bitcoin. Pinakamahusay pa ring seguro laban sa katiwalian at kawalan ng kakayahan,　　— Robert Kiyosaki (@theRealKiyosaki) Mayo 18, 2023　　Kiyosaki has been a vocal Bitcoin advocate since 2020. Before that, he had been just stocking up on BTC on

2023-05-19Bitcoin

Will ETH let go of its NFT throne? This data may compel you to think...

Since the inception of NFTs Ethereum-based NFTs have been dominating the market. Blue chip Ethereum NFTs such as BAYC and MAYC have been immensely sought after since their launch and their demand hasnt been paralleled in the markets.　　Makatotohanan o hindi, narito ang market cap ng ETH sa mga tuntunin ng BTC　　However, the dominance of these NFTs could soon decline due to the emergence of popular Bitcoin-based NFTs.　　New kid around town　　According to CryptoSlams data, the trading volume of Bitcoin Frogs NFT exceeded 2.27 million US dollars in the past 24 hours. The collection managed to surpass prominent Ethereum NFTs such as HV-MTL and BAYC.　　Furthermore, its floor price reached 0.14 BTC. Coupled with that, the transaction volume of Bitcoin NFTs, including BRC-20, reached 7.6 million US dollars in the past 24 hours. This surpassed Solana and accounted for approximately 48.5% of the total Ethereum NFT volume.　　This spike in interest in Bitcoin NFTs could threaten many blue chip NFT collections on the Ethereum network. The floor price of many of these NFTs had already begun to decline.　　According to NFTGOs data, the floor price of the BAYC NFT collection declined by 12.83% in the last 30 days. Additionally, the floor price of MAYC NFT

2023-05-19Ethereum

Ethereum Price Faces Confluence Of Bearish Factors and At Risk of Another Decline

Ethereum　　Ethereum Price Faces Confluence Of Bearish Factors and At Risk of Another Decline　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereum is currently facing many hurdles near the $1,840 resistance zone.　　Ang presyo ay kinakalakal sa ibaba $1,820 at ang 100-oras na Simple Moving Average.　　Mayroong isang pangunahing linya ng takbo ng alon na bumubuo na may pagtutol na malapit sa $ 1,825 sa oras-oras na tsart ng ETH / USD (data feed sa pamamagitan ng Kraken).　　Ang pares ay maaaring magsimula ng bagong pagtaas kung aalisin nito ang $1,825 at $1,840 na antas ng paglaban.　　Ang Presyo ng Ethereum ay Nakaharap sa Paakyat na Gawain　　Ethereums price remained in a bearish zone below the $1,840 zone. ETH started a fresh decline below the $1,800 level and showed a few bearish signs, similar to Bitcoin.　　The price even declined below the $1,780 level. A low is formed near $1,772 and the price is now correcting losses. There was a move above the $1,800 level. The price cleared the 50% Fib retracement level of the downward move from the $1,834 swing high to the $1,772 low.　　Ether is now trading above $1,820 and the 100-hourly Simple Moving Average. There is also a major bearish trend line forming with resistance

2023-05-19Ethereum

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