Pinakabagong Balita sa Crypto at Market Updates

CZ Receives Summons From Washington County Court In Battle With SEC

According to a personal Twitter post by Binance CEO Changpeng Zhao (CZ), he has received a summons from the Washington District Court. This order was issued in the context of the US Securities and Exchange Commission (SEC) having filed a lawsuit against Binance exchange two days earlier.　　Furthermore, a paragraph in the court order also states that CZ needs to be summoned because “a new lawsuit filed against CZ” exists. This confirmed the summons to be related to recent SEC action.　　Sinabi sa akin na ito ay bahagi lamang ng proseso ng pagsunod sa SEC. Walang bago.　　Sinabi rin na hindi ko na kailangang magpakita ng personal. Hindi na kailangang mag-FUD. ????　　- CZ ???? Binance (@cz_binance) Hunyo 7, 2023　　According to the Binance director, this is only part of the SEC compliance process, stating that he will not have to appear in person. He would have 21 days to respond and comply with the summons.　　The crypto market has been flooded with unexpected news in the last two days. Specifically, the two largest crypto exchanges in the market, Binance, and Coinbase, have faced legal action from the SEC for violating US securities laws.　　On June 5, the US Securities and Exchange Commission filed a lawsuit against

2023-06-08Industriya

Pagsusuri sa Presyo ng Litecoin (LTC): Patuloy na Nakikibaka ang Bulls Malapit sa $92

Balita ng Ethereum ng Bitcoin　　Makuha ang Iyong Unang Bitcoin Sign up at makakuha ng $12 na Bonus na Referral na bonus hanggang $3,000　　Mag-sign up　　Nagsimula ang Litecoin ng tuluy-tuloy na pagtaas sa itaas ng $85 laban sa US Dollar.　　Ang presyo ng LTC ay nangangalakal na ngayon sa ibaba $92 at ang 55 simpleng moving average (4 na oras).　　There is a key bearish trend line forming with resistance near $91.65 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase).　　Ang pares ay maaaring makakuha ng bullish momentum kung aalisin nito ang $91.50 at $92 na antas ng paglaban.　　Pagsusuri ng Litecoin Presyo　　Sa nakalipas na ilang session, karamihan ay may mga bullish moves sa Bitcoin, Ethereum, Ripple, at Litecoin laban sa US Dollar. Mas maaga, ang LTC ay bumuo ng base sa itaas ng $83.60 na antas at nagsimula ng bagong pagtaas.　　There was a clear move above the $85 and $86 resistance levels. The price even climbed above the 23.6% Fib retracement level of the downward move from the $97.53 swing high to the $83.66 low. However, the bears were active near the $91 resistance zone.　　Ito ngayon ay pinagsama-sama sa ibaba $92 at ang 55 simpleng moving average (4 na oras). Sa

2023-06-08Industriya

European Unions Opportunity on Crypto Growth; Does BRICS Consider SECs Allegations?

Balita ng Ethereum ng Bitcoin　　EU prefers to take the chances of happenings due to SECs enforcement.　　Expecting this could possibly support the economic growth in Europe.　　The European Union (EU) is in terms to elongate the course of building newer frameworks with better performance for blockchain developers, reports the officials in the EU. Concurrently, this is followed by the major exchanges like Coinbase and Binance being sued by U.S. Securities and Exchange Commission (SEC) in the subsequent days.　　Claims that the recent debate on Crypto Security from the EU ended up with the new Markets in Crypto Assets (MiCA) rules into law signed by the respected representatives. Correspondingly, it supports the crypto assets to be called ‘securities’ which should be regulated by default.　　EU Prefers to Gain Crypto Growth　　Concerning the crypto securities law, to trade or exchange any cryptocurrency, the firm should be legalized as registered, the SEC comments. Whereas, the EU encourages US competitiveness by supporting business risks and promoting safer growth doubting U.S. critical state.　　One of the economists from the Department of European Commission, Joachim Schwerin stated:　　“We dont think … that regulators can sit in an office and wait for someone to come in, asking for advice or information, and then before

2023-06-08Industriya

Ethereum’s Shanghai Upgrade – So Far

Balita ng Ethereum ng Bitcoin　　ETH, the Ethereum network, successfully completed its most recent major update, known as the Shanghai Upgrade. This significant upgrade introduces new capabilities for validators, particularly the ability to withdraw staked coins. With this change, the Ethereum network aims to improve liquidity, attract more users, and enhance the overall functionality of the platform. Lets delve deeper into the key aspects and potential implications of the Shanghai upgrade.　　Empowering Validators, Boosting Liquidity　　The Shanghai Upgrade was a planned hard fork of the Ethereum protocol, accompanying the Capella Upgrade. While the Merge in September 2022 transitioned Ethereum to a proof-of-stake system, the Shanghai Upgrade is the first major update since then. This upgrade focuses on enabling validators to withdraw their staked ETH, which was previously unidirectional. Validators can now perform partial or full withdrawals, unlocking their principal deposit along with accumulated issuance rewards. This enhancement significantly improves liquidity for validators, offering them more control over their investments. It also fosters market liquidity by providing increased access to staked funds.　　Expanding functionality and optimizing performance, the Shanghai upgrade incorporates several other Ethereum Improvement Proposals (EIPs) that enhance the execution layer of the platform. These proposals include:　　Warm Coinbase addresses: This proposal makes Coinbase addresses

2023-06-08Industriya

STX up +15.59%, BTC +4.46%, Pepe Coin is The Coin of The Day - Daily Market Update for Jun 07, 2023 | CoinCodex

Bitcoin crypto　　STX up +15.59%, BTC +4.46%, Pepe Coin is The Coin of The Day – Daily Market Update for Jun 07, 2023 | CoinCodex　　Balita ng Ethereum ng Bitcoin　　Mga pangunahing highlight:　　Ang kabuuang market cap ng cryptocurrency ay tumaas mula $1.10T hanggang $1.14T sa nakalipas na 24 na oras, na kumakatawan sa isang 3.28% baguhin　　Ang presyo ng Bitcoin sa press time ay $26,918 pagkatapos lumaki 4.46% sa huling 24 na oras　　Ang kabuuang dami ng crypto trading ay tumaas ng 3.28% sa nakalipas na 24 na oras, at kasalukuyang nasa $191.75B　　Ang lahat ng mga presyo at pagbabago ay ipinakita sa oras ng paglalathala: Hunyo 7, 2023, sa 06:00 UTC　　Pangkalahatang-ideya sa Merkado　　Ang kabuuang market cap ng cryptocurrency ay kasalukuyang $1.14T pagkatapos ng isang 3.28% pagtaas sa araw. Ang kabuuang dami ng crypto trading ay tumaas ng 3.28% sa parehong time frame.　　Ang Bitcoin ay nakikipagkalakalan sa $ 26,918 pagkatapos makita ang isang 4.46% makakuha sa huling 24 na oras. Ang pangingibabaw ng Bitcoin ay lumago ng 0.51% at ang BTC ay kasalukuyang kumakatawan sa 45.86% ng merkado ng cryptocurrency.　　Mga Nangungunang Barya Ayon sa Market Cap　　Sa press time, ang Bitcoin ay may market capitalization na $522.01B pagkatapos makuha 4.46% sa huling 24 na oras. Ayon sa

2023-06-07Bitcoin

New Minted Ethereum NFT Profitable by 67%

Ethereum NFT　　Bagong Minted Ethereum NFT Na kumikita ng 67%　　Balita ng Ethereum ng Bitcoin　　According to the tweet from Nansen, only 67% of new NFTs minted last month are profitable. But, this is not what they mean, as any new NFT minted percentage is always profitable in the first month, then it declines after a few months. In reality, the new NFT mints have been on the decline since summer. NFTs minted in May are 65% lower than that in April, and it is the lowest since June 2021.　　Decline in Sales and Active Traders of NFT　　The downtrend of the NFT market shows people are lacking interest in the field. Not only are the sales dipping but also there is a decline in the active traders. As per the data from Dune Analytics, the markets like OpenSea have shown a drop in active traders. In January, it was 359.2K, and the number dropped down to 149.4K in May.　　Last month, the NFT sales on Ethereum blockchain dropped more than 15%. The 30-day sales volume shows $416.8 Million sales. The number of buyers are 65.5K and sellers are 55.4K. However, both the numbers are declining.　　In terms of sales volume, Ethereum is the top blockchain. When

2023-06-07Ethereum

Ethereum Price Will Surpass $50,000 by 2030, Predicts VanEck

Ethereum　　Ethereum Price Will Surpass $50,000 by 2030, Predicts VanEck　　Balita ng Ethereum ng Bitcoin　　Hula ng Presyo ng Ethereum 2030: Swift transformations and immense possibilities mark blockchain technology. One such innovation, Ethereum, holds a distinct position due to its unique value proposition and robust growth. 　　Investment management firm, VanEck, has hinted at an ambitious price target of over $50,000 for Ethereum by 2030. This price prediction may seem aspirational initially, yet it is grounded in practical analysis.　　Unpacking Ethereums Valuation Mechanism　　Understanding Ethereums valuation requires comprehension of its unique revenue model. Unlike a traditional business, Ethereum does not rely on selling products or services to customers.　　Instead, it provides a decentralized computing platform. This network earns revenue primarily through transaction fees, or the costs associated with using Ethereum, and Miners Extractable Value (MEV), which are profits derived from ordering transactions in each block.　　Total Transaction Fees. Source: Glassnode　　Further, Ethereum is not just a transactional currency. It is gradually establishing itself as a store-of-value asset for entities looking to optimize their wealth.　　The unique value proposition lies in Ethereum‘s yearly token supply reduction. Each transaction fee results in the burning of ETH, reducing the total supply. As supply decreases, the value of the remaining tokens is driven up,

2023-06-07Ethereum

Crypto law firm Gresham advises against US presence, cites unfavorable regulatory environment

crypto　　Ang Crypto law firm na si Gresham ay nagpapayo laban sa presensya ng US, binanggit ang hindi kanais-nais na kapaligiran sa regulasyon　　7 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Crypto law firm Gresham International has advised crypto firms not to have a presence within the United States, considering the countrys regulatory posture towards the industry, according to a June 6 press statement shared with .　　“The USA has become unpredictable, making it clear that Crypto is not welcome, even for those who attempt to follow the rules.”　　Gresham International stated that firms operating within the country should expect to fully register as a security or commodity, which would remove many of their international protections.　　Due to the unfavorable regulatory environment, the law firm said it would no longer offer its services to US-based crypto firms. It added that it would only be “maintaining an office and team for ‘rear guard’ and ‘tier one’ clients only for the time being.”　　Legal system reform　　Additionally, the law firm continued that the U.S. legal system needs to be reformed as it had “constantly seen a lower standard of legal and compliance work from clients that approach us who have used just U.S.-based Counsel.”　　Gresham International said:　　“Legal work in the U.S.

2023-06-07Industriya

Buterin moves ETH to Kraken shortly before Binance suit announced

Ethereum　　Inilipat ni Buterin ang ETH sa Kraken ilang sandali bago ipahayag ang suit ng Binance　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　In a recent development, Vitalik Buterin, the co-founder of ethereum, transferred 400 ETH to the Kraken exchange.　　The transaction, which took place on June 5, 2023, was completed within 30 seconds and had a value of approximately $723,000. This move comes amidst a backdrop of controversy surrounding Binance and issues with Krakens funding gateways.　　The U.S. Securities and Exchange Commission (SEC) has recently filed 13 charges against Binance, accusing the exchange of operating as an unregistered securities exchange and engaging in illicit activities within the United States.　　The SEC alleges that Binance unlawfully solicited U.S. customers to trade assets on unregistered platforms. Furthermore, the regulator claims that Binances CEO, Changpeng Zhao, and the exchange itself were directly involved in the operations of Binance.US, contrary to prior claims made by the defendants.　　This controversy has sparked questions about the sudden departure of former Binance.US CEO Brian Brooks in August 2021, just three months into his tenure.　　Allegedly, Brooks realized that he held no actual control over the company, prompting him to step down and publicly announce his resignation. Binances Chief Communications Officer, Patrick Hillman, has

2023-06-07Ethereum

Binance net outflows hit $778M on Ethereum since SEC charges: Nansen

Ethereum　　Ang mga net outflow ng Binance ay umabot sa $778M sa Ethereum mula noong mga singil sa SEC: Nansen　　29 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The United States Securities and Exchange Commission‘s (SEC) lawsuit against Binance — accusing the crypto exchange of violating various securities laws — has directly impacted the crypto market and the exchange’s balance sheet.　　Ayon sa to data from crypto analytic firm Nansen, Binance saw negative netflows of $778 million on the Ethereum blockchain, with $871 million of inflows dominated by $1.6 billion flowing out of the exchange.　　As of 9.15 am UTC at the time of writing, in the 24 hours since the SEC charges, Ethereum-based tokens have seen negative netflows, with $14.8 million of assets flowing in and $50.5 million worth of assets flowing out of the exchange in the past hour alone.　　Binance‘s reserve assets had a net outflow of approximately $1.4 billion in the first hour after news broke of the SEC’s charges, amounting to 2.6% of its total reserve assets of $52.9 billion.　　The outflow of funds from Binance across all protocols in the past 24 hours has reached $999 million. A deteriorating confidence in Binance on the other hand has helped OKX become the

2023-06-06Ethereum

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