Pinakabagong Balita sa Crypto at Market Updates

CFTC Chair labels Bitcoin, Ethereum as commodities - BitcoinEthereumNews.com

Bitcoin EthereumNilagyan ng label ng CFTC Chair ang Bitcoin, Ethereum bilang mga commodities05 / 17 / 2022Balita ng Ethereum ng Bitcoin　　Rostin Behnam, the Chair of the Commodity Futures Trading Commission (CFTC), claimed Bitcoin (BTC) at Ethereum (ETH) are commodities. He said this during an pakikipanayam with CNBCs Squawk Box on Monday.　　Referring to a Senate bill that seeks to give the Securities Exchange Commission (SEC) control over a large chunk of the crypto market, leaving the CFTC with far less control, Behnam said this matter is an age-old issue between the two agencies.　　According to Behnam, the CFTC and the SEC have had a great relationship over the years, and they continue to communicate and work together. He added that both entities have a lot of common registrants. However, Behnam believes it makes sense for the CFTC to regulate commodities and the SEC to regulate securities.　　He further noted that the sphere of digital assets, which contains thousands of tokens, naturally features some commodities and securities. To this end, the CFTC Chair said it makes sense to parse through both asset types to determine which tokens qualify as securities or commodities.　　Behnam acknowledged that sorting through the crypto market to distinguish securities from commodities

2022-05-18Ethereum

Shiba Inu (SHIB) Generates Bullish Divergences Inside Neutral Pattern - BitcoinEthereumNews.com

TeknolohiyaShiba Inu (SHIB) Generates Bullish Divergences Inside Neutral Pattern05 / 17 / 2022Balita ng Ethereum ng Bitcoin　　Shiba Inu (SHIB) has been trading inside a symmetrical triangle since May 13. Short-term readings indicate that a breakout is expected.　　SHIB has been falling since reaching an all-time high price of $0.000088 on Oct 28. At the begining of Jan, the price bounced at the $0.000021 support area and created a higher low, eventually leading to the creation of an ascending support line.　　However, on April 30 (red icon), it broke down from both the ascending support line and the $0.000021 horizontal support area. In turn, this led to a low of $0.000009 on May 12.　　If the downward movement continues, the next closest support area would be at $0.0000075, created by the Aug to Oct 2021 lows.　　Panandaliang paggalaw　　Between May 9 and 12, the daily RSI generated a semblance of a bullish divergence (green line). The divergence occurred in oversold territory, increasing the chances of a potential bounce.　　But the RSI is also still following a descending resistance line that has been in place since March 28. In order for the bullish divergence to be confirmed, the RSI has to initially break out from the line.　　SHIB enthusiast

2022-05-17Industriya

The Paris Blockchain Summit returns on July 8- The Cryptonomist - BitcoinEthereumNews.com

blockchainAng Paris Blockchain Summit ay babalik sa Hulyo 8- Ang Cryptonomist05 / 17 / 2022Balita ng Ethereum ng Bitcoin　　After two successful editions, Paris Blockchain Summit (PBS) bumabalik sa Hulyo 8, 2022 kasama nito prinsipal na agos edition.　　The Mainstream edition of the Paris Blockchain Summit　　Every year, PBS brings together the international ecosystem in an extraordinary place and this third edition will not fail to make a lasting impression: giant palm trees, waterfalls, fountains, outdoor terraces and a cinema room will bring together enthusiasts in this 2,000 m² space.　　Pagsasama nature and elegance, spread over 2 floors in several thematic platforms (NFTs, Metaverse and Blockchain), the Equinoxe Palmeraie Paris malugod na tatanggapin more than 1200 participants from more than 20 countries. 　　Considered by the World Economic Forum as the pillar of the fourth industrial revolution, this market, currently estimated at 5 bilyong dolyar, will reach 67 billion in 2026, 10% of the world GDP! More than ever, it is important to position yourself well and the PBS is there to help you.　　What will it be about？　　Sa halos 50 nagsasalita from multinationals such as Nestlé at LOreal, sports, venture capital, the French and European parliaments, the metaverse, crypto trading and digital law, PBS is

2022-05-17Industriya

Brazils Stock Exchange Sets its Eyes on a BTC/ETH Futures Contract – crypto.news - BitcoinEthereumNews.com

Bitcoin crypto EthereumBrazils Stock Exchange Sets its Eyes on a BTC/ETH Futures Contract – crypto.news05 / 17 / 2022Balita ng Ethereum ng Bitcoin　　A Brazilian stock exchange (B3) intends to introduce Bitcoin and Ethereum futures to investors. The trillion-dollar exchange is optimistic that it will release the futures contracts within the next six months. This anouncement was made in a conference call by Andre Milanez, a senior financial officer at B3.　　The Dawn of Futures Contracts in Brazil？　　By the end of 2022, Brazilian investors may have access to Bitcoin and Ethereum futures. During the meeting, details on the upcoming future product were not fully laid out. B3 hopes to evaluate how it can conduct the whole process. Hence, the futures contract could be bought or sold directly through the exchange or another partnering platform.　　However, the exchange is certain that the product will feature in the market soon enough. B3 began mentioning its intentions toward the crypto market in January 2022. Since 2016, the exchange has closely monitored the underlying technology empowering cryptocurrencies.　　Therefore, B3 previously planed to dive into the crypto market through futures contracts, particularly for Bitcoin and Ethereum. Introducing this product could help open up access to the digital asset market.　　B3

2022-05-17Ethereum

Be Cautious with Your Discord Server - It Might Not Be as Safe as You Believe

Josh Fraser, co-founder of Origin Protocol, pointed out some of the popular platforms flaws.　　Discord has quickly established itself as the de facto community communications platform of choice for blockchain- and crypto-based projects and enterprises of every conceivable type since its inception in 2015 as a tool for connecting and interacting with other gamers. Countless blockchain, NFT, crypto, DeFi, and Web3 projects use Discord as their primary community interaction and marketing platform, from exclusive, invite-only Discord servers for NFT collecting to airdrop and insider news groups.　　Unfortunately, many server security concerns, hackers, compromised accounts, and other privacy issues have afflicted Discord. Many of these vulnerabilities were recently highlighted by Josh Fraser, a co-founder of Origin Protocol, in a Twitter thread he made to educate the general public about the possible dangers of utilizing Discord.　　To begin, Fraser claims that unauthorized third parties can gain a lot of information about the inner workings of various projects on Discord because the Discord API leaks the name, description, members list, and activity data for every private channel on every server. Because many crypto projects use secret Discord channels for a variety of purposes, such as cooperating on unannounced partnerships, product launches, exchange listings, and more, it

2022-05-17Malalim na Pagsisid

Expert in Cryptocurrency PlanB Predicts New Bitcoin (BTC) Bull Run

PlanB, a Dutch analyst and the brains behind the BTC Stock-to-Flow (S2F) model, has predicted a probable Bitcoin bull market, which he believes will be heralded by a price bottom.　　PlanB is known for making accurate price predictions.　　In a recent tweet, an anonymous Bitcoin expert disclosed that he was looking for a second phase of last years Bitcoin bull market in the final month of the year, but that the bull market ended in Q1 2022.　　“We entered a bear market from the peak in April 2022 (indeed, the ATH was in November 2021),” PlanB explained, “and we are now establishing a bottom.” After that, a new bull market will begin. Bitcoin cycles.　　PlanB is known for making accurate price predictions. Despite not having a flawless track record, his forecasts have shown to be usually reliable, thanks in part to his use of the Stock-to-Flow model.　　When most analysts and investors had given up, PlanB predicted a $1 trillion market capitalization for Bitcoin in 2019, when the coin had dropped to $3k from its $17k peak in 2018. Bitcoins market valuation surpassed $1 trillion in February of last year.　　PlanB issued a series of projections in June last year following the Bitcoin drop caused by

2022-05-17Malalim na Pagsisid

Terra Like A Crypto "Pyramid Scheme," Says Activist Investor Bill Ackman

Activist investor Bill Ackman weighed in on the recent Terra crisis, calling the protocol a crypto version of a pyramid scheme.　　Ackmans comments come in wake of the Terra blockchain losing most of its value in the span of a few days, as the de-pegging of its UST stablecoin cause a massive bank run.　　The fact that UST offered a 20% return, with no fundamental business backing its value, is the most telltale sign of a pyramid scheme, Ackman said late-Tuesday. The protocol collapsed once LUNA suppliers surpassed buyers.　　Ackman is the founder of Pershing Square Capital, a hedge fund. His boisterous and highly involved investment style has earned him the tag of an “activist investor.”　　Ackman praises blockchain, calls for more self-regulation　　In a Twitter thread, the Pershing Square founder praised blockchain as being a “brilliant technology,” but added that projects like Terra gave the space a bad name. To Ackman, the digitization of LUNA and the hype around the crypto market were the key reasons behind the platforms popularity.　　He called for more self-regulation by the crypto industry, especially towards businesses that have no underlying businesses backing their tokens.　　The crypto industry should self-regulate away other crypto projects with no underlying business models before crippling

2022-05-17Malalim na Pagsisid

Spotify Tests New Feature Letting Artists to Promote NFTs

On Monday, Spotify said that it is testing a new feature that will allow musicians to promote their non-fungible tokens (NFTs) on their profiles.　　The Swedish audio streaming and media services company noted that the new option is only available to a “very small selection of artists,” and that the test is presently offered to a limited number of Android users in the United States.　　Participants in the test will be able to preview NFTs on an artists profile page. They will then be able to navigate to view and learn more about various NFTs, as well as purchase them from external marketplaces.　　As part of the test, Spotify stated that it will not charge any fees for NFT sales. The business explained that it is only testing a method for artists selling NFTs to advertise them on its platform. Spotify claims that the data will help them decide whether to deliver a complete feature for all artists.　　Spotify stated that the test is being carried out in response to requests from industry partners. The test, according to the firm, is part of its ongoing commitment to allowing artists to expand their connections with fans both on and off its platform.　　In a statement, a

2022-05-17Malalim na Pagsisid

Bitcoin, Ethereum, and Other Leading Cryptocurrencies Experience a Minor Market Rebound

The crypto market showed some indications of recovery on Monday, with major crypto coins trading marginally higher.　　According to CoinMarketCap, the worldwide cryptocurrency market cap is currently trading slightly higher at $1.31 trillion, a 3% increase in the last 24 hours. The global crypto market worth fell to $1.28 trillion yesterday, but a few leading cryptocurrencies have seen a slight comeback from recent lows in the last 24 hours.　　The top ten cryptocurrencies on CoinMarketCap have changed as a result of the ongoing market meltdown. While Dogecoin has fallen to number 10, Terra (Luna) has vanished from the top crypto charts, as major exchanges have suspended Terra and its sister cryptocurrency trade.　　Bitcoins price has increased marginally to $29,517.75 as of 10.05 AM East African time. Bitcoin fell as low as $25,401.29 on Thursday last week, the first time the flagship cryptocurrency fell below $26,000 since December 26, 2020.　　Ethereum has gained 0.17 percent in the last 24 hours and is now trading at $2004.67. On Thursday of last week, Ether, the second-largest digital currency, plummeted as low as $1,704.05 per token. It was the first time the token had fallen below $2,000 since June 2021.　　Meanwhile, other big cryptocurrencies have begun to show signs

2022-05-17Malalim na Pagsisid

GBP/USD Price Forecast – The British Pound Gives Up Early Gains - BitcoinEthereumNews.com

KabuhayanPagtataya ng Presyo ng GBP/USD – Ang British Pound ay Bumigay ng Maagang Mga Nadagdag05 / 17 / 2022Balita ng Ethereum ng BitcoinBritish Pound vs US Dollar Teknikal na Pagsusuri　　Ang British pound initially tried to rally during the trading session on Monday but gave back early gains as we continue to see a lot of resistance above. The market has a ton of resistance just above, and therefore it is difficult to imagine a scenario where I would be a buyer. At this point, I would anticipate that the British pound is going to trade down to the $1.20 level, but we may get a short-term rally between now and then.　　In fact, I believe that the $1.26 level above is a bit of a ceiling in the market, with of course the $1.25 level offering a certain amount of psychology in the market that will have to be paid close attention to. Given enough time, the market will see plenty of sellers jump back into the market as the reserve continues to tighten, and of course, is probably one of the most hawkish central banks in the world right now.　　Adding more downward pressure is the fact that there is a

2022-05-17Industriya

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