Dow Jones Plunges; Tesla Dives On This Elon Musk Twitter Move; Apple, Microsoft Fall As Tech Tumbles - BitcoinEthereumNews.com

TeknolohiyaDow Jones Plunges; Tesla Dives On This Elon Musk Twitter Move; Apple, Microsoft Fall As Tech Tumbles05 / 05 / 2022Balita ng Ethereum ng Bitcoin  The Dow Jones plunged as the stock market got crushed. Tesla (TSLA) took a dive amid reports Elon Musk could become temporary CEO of kaba (TWTR) if he completes his takeover. mansanas (AAPL) At microsoft (MSFT) offered no refuge as tech stocks got mauled.  With the market in a correction, it is a good idea to find stocks flexing amid the downward pressure. Awtomatikong Pagproseso ng Data (ADP), Dillards (DDS) At Pangkalahatang Dynamics (GD) all saw their relative strength lines hit highs Thursday as they build bullish bases.  Volume was up on both the Nasdaq and the New York Stock Exchange compared to the same time Wednesday. This is a bad sign on a down day.  Meanwhile, the yield on the benchmark 10-year Treasury note spiked 18 basis points to 3.1%. The move followed Wednesdays decision by the Federal Reserve to raise interest rates a half point and start reducing its balance sheet.  Oil dipped slightly, with West Texas Intermediate crude falling less than 1% to trade for about $107 per barrel.  Nasdaq Crushed As Small Caps Get Mauled  The stock market

2022-05-06Industriya

Bitcoin ETP Outflows Spell Bearish Sentiment Among Institutional Investors - BitcoinEthereumNews.com

BitcoinAng mga Outflow ng Bitcoin ETP ay Nagbabaybay ng Bearish na Sentiment sa Mga Institusyonal na Namumuhunan05 / 05 / 2022Balita ng Ethereum ng Bitcoin  Bitcoin ETPs have become more popular than ever since the SEC approved multiple bitcoin ETPs in the fourth quarter of 2021. They had subsequently had a good run with hundreds of millions of dollars flowing into these ETPs. They provided a way for institutional investors and others who didnt want any direct exposure to the digital asset to trade on it. However, it seems the wind is starting to change as outflows become the order of the day.  Outflows Rock Bitcoin ETPs  The market is still reeling from entering a new month but the effects of the month of April continue to linger. Being a historically bearish month for the digital asset, bitcoin had taken a bit of a beating down in the market, which had unsurprisingly translated into the ETPs.  The result of this was outflows that rocked the market. April sticking to form had recorded the highest monthly net outflows ever recorded in the history of Bitcoin ETPs. In total, there was a total of 14,327 BTC that flowed out of the market in this dreadful month.

2022-05-06Industriya

Binance Invests $500 Million In Elon Musks Twitter Acquisition. - BitcoinEthereumNews.com

TeknolohiyaBinance Invests $500 Million In Elon Musks Twitter Acquisition.05 / 05 / 2022Balita ng Ethereum ng Bitcoin  Binance has been among the most successful crypto exchanges in recent years, with its competition grabbing headlines on a daily basis. The latest news about them is that theyve joined forces to invest in Elon Musks Twitter acquisition alongside firms like Sequoia Capital Fund and Fidelity.  As per United States Security and Exchange Commission information, Binance and other eighteen investors have participated in Elon Musks $44 billion acquisition of Twitter.  Mga Kaugnay na Pagbasa | Iminumungkahi ni Mark Cuban Kung Paano Makikipaglaban si Elon Musk sa Twitter Spam Gamit ang Dogecoin  Elon Musk highlighted the brief mga detalye about the Twitter purchase deal on May 05, 2022, and said that Twitter had received about $7.2 billion in new financing commitments.  Binance And Other Investors In Elon Musk Twitter Deal  Ang 13-D Schedule document provided details of the merger and reported that Binance is the 5th largest investor financing the Elon Musk Twitter acquisition deal. Binance invested $500 million, whereas VyCapital invested $700 million, Sequoia Capital made an investment share of $800 million, and Lawrence J. Ellison Revocable Trust injected an investment of $1.00 billion.  Chanpeng Zhao, CEO of Binance, reported

2022-05-05Industriya

Terras LFG Leaps Into Top 10 Largest Bitcoin Whales With An Extra $1.5 Billion BTC Buy ⋆ ZyCrypto - BitcoinEthereumNews.com

BitcoinTerras LFG Leaps Into Top 10 Largest Bitcoin Whales With An Extra $1.5 Billion BTC Buy   Several pundits believe that traditional finance will utilize Bitcoin as a reserve currency in the future. While institutions like the Swiss National Bank remain on the fence, a new generation of stablecoins is taking the leap; the Luna Foundation Guard, the group behind the UST token, nearly doubled their Bitcoin reserves on Thursday.  LFG Purchases $1.5 Billion BTC  The Luna Foundation Guard, in a tweet today, confirmed a report on CNBC that it had purchased an additional 37,863 BTC (approximately $1.5 billion). According to the data and LFGs tweets, the group purchased the sum in two transactions. First, the LFG reportedly closed a $1B OTC swap with crypto prime broker Genesis for $1 billion worth of UST, and secondly, it bought $500 million worth of BTC from crypto venture capital firm, Three Arrows Capital.  The latest purchase by the organization takes it from just over 40k BTC to approximately 80,394 BTC. The LFG leaps into the list of top 10 Bitcoin holders. It brings the group closer to its goal of $10 billion worth of Bitcoin in reserve, a target nearly twice as much as Michael Saylors

2022-05-05Industriya

What happened to Elizabeth Holmes and Sunny Balwani? Where the shamed Theranos execs are today - BitcoinEthereumNews.com

KabuhayanWhat happened to Elizabeth Holmes and Suny Balwani? Where the shamed Theranos execs are today05 / 05 / 2022Balita ng Ethereum ng Bitcoin  In 2014, Theranos founder and CEO Elizabeth Holmes was dominating the front covers of renowned business magazines for being the youngest self-made billionaire in the world.  In 2022, shes making headlines again ––but for all the wrong reasons. A recent Hulu serye, Ang Dropout, has led to more interest in Holmes, her relationship with former COO Suny Balwani, and where she is today.  Here‘s the background on Holmes’ story, what she and Balwani are doing today, and what the future could hold.  Holmes story and fall from grasya  Holmes had a childhood dream of becoming a billionaire. At 19, she dropped out of Stanford to work on her “revolutionary” blood-testing startup called Theranos. With Theranos, Holmes promised to eliminate needles from the blood testing process, claiming that her “proprietary” machine called the “Edison” could deliver cheaper and faster results for over 240 diseases with a single pin-prick and a drop of blood.  Holmes was a descendant of the family that founded Americas first yeast company and was also the daughter of a former Enron VP and congressional aide. Her pedigreed background helped link

2022-05-05Industriya

Bitcoin Long Squeeze Papasok? Tumaas ang mga Rate ng Pagpopondo - BitcoinEthereumNews.com

BitcoinBitcoin Long Squeeze Papasok? Tumaas ang Mga Rate ng Pagpopondo05 / 05 / 2022Balita ng Ethereum ng Bitcoin  Ipinapakita ng on-chain data na ang mga rate ng pagpopondo ng Bitcoin ay napansing muli ang pagtaas, na nagmumungkahi na ang isa pang mahabang pagpiga ay maaaring nakaimbak para sa crypto.  Ang Mga Rate ng Pagpopondo sa Bitcoin ay Nagpapakita ng Medyo Mataas na Positibong Halaga  Tulad ng ipinaliwanag ng isang analyst sa isang CryptoQaunt magpaskil, ang kasalukuyang positibong mga rate ng pagpopondo ay maaaring mangahulugan na ang presyo ay maaaring makakita ng pagbaba sa lalong madaling panahon.  Ang rate ng pagpopondo ay isang indicator na sumusukat sa panaka-nakang bayad na binabayaran ng mga mangangalakal ng Bitcoin futures sa isat isa.  Kapag ang halaga ng panukat na ito ay mas malaki kaysa sa zero, nangangahulugan ito na ang mga mahahabang mangangalakal ay nagbabayad ng premium sa mga maiikling mamumuhunan upang hawakan ang kanilang mga posisyon sa ngayon. Ang trend na ito samakatuwid ay nagmumungkahi na ang karamihang sentimento ay bullish sa ngayon.  Sa kabilang banda, ang mga negatibong halaga ng indicator ay nagpapahiwatig na ang isang bearish na sentimento ay mas nangingibabaw dahil ang shorts ay nagbabayad ng longs sa kasalukuyan.  Ngayon, narito ang isang tsart na nagpapakita ng

2022-05-05Industriya

Why Is Bitcoin, Ethereum, XRP, Solana Price Dropping Right Now? » NullTX - BitcoinEthereumNews.com

Bitcoin EthereumBakit Bumababa ang Presyo ng Bitcoin, Ethereum, XRP, Solana Ngayon?  Cryptocurrency markets are showing a significant price decline today as Bitcoin has dropped by over 5% in the past 24 hours. Most other cryptocurrencies followed BTC‘s trajectory, with Ethereum diving by 3.8%, XRP down 2.33%, and Solana down 4.38%. What’s causing the sharp sell-off? Lets look at any relevant news that might be causing the current crypto correction.  Why Bitcoins Price Is Dropping?  One reason for Bitcoins recent price drop is the Feds increase of interest rates, which is the most significant increase in decades. The cause for the current interest rate hike is an attempt by the Fed to stabilize the inflation in the market, helping bring the prices down for Americans.  For those confused about how the Fed interest rates affect them. In short, the lower the interest rate, the more worthwhile it is to spend money. The higher the interest rate, the better its to save money. Lower interest rates help boost the economy, while higher interest rates help curb inflation.  Since inflation is currently at an all-time high of 8.5%, the Fed is looking to substantially increase interest rates to help curb the rising inflation and stabilize the economy.  As mentioned

2022-05-05Ethereum

ENS Mania Continues as Three-Digit Domains Hit 15 ETH Floor  - BitcoinEthereumNews.com

EthereumNagpapatuloy ang ENS Mania bilang Tatlong Digit na Domain sa 15 ETH Floor 05 / 05 / 2022Balita ng Ethereum ng BitcoinIbahagi ang artikulong ito  ENS domains for three and four-digit numbers continue to command higher prices on the secondary market.  Low Numbers, High Prices  Demand for low-number ENS names is reaching euphoric levels.  Three-digit Ethereum Name Service domains, of which only 999 will ever exist, are now selling for upwards of 15 ETH as collectors rush to secure rare examples. At the same time, four-digit ENS names are regularly selling for upwards of 1.5 ETH, around $4,000 at the current price of Ethereum.  Ethereum Name Service lets anyone with a Web3 wallet and some ETH mint NFTs representing unique domains on the Ethereum blockchain. ENS domains are frequently used as read-friendly substitutes for the unwieldy addresses assigned to Ethereum wallets. Rare domains can command high pricies; last August, brewing company Anheuser-Busch, owners of the Budweiser brand, bili the ENS domain beer.eth for 30 ETH, or $94,410 at the time.  Of the available three and four-digit ENS domains, lower numbers or domains with repeating digits are valued more highly. One NFT collector going by MrWhiplash_eth on Twitter recently bought the domain 008.eth for 50 ETH. “ENS

2022-05-05Ethereum

Gucci to Accept Cryptocurrency Payments in US

The world-renowned luxury brand Gucci will accept cryptocurrency payments by the end of this month and plans to roll it out to direct-operated North American stores this summer, according to Vogue Business.  There are currently only five stores in the pilot, in Wooster Street in New York, Rodeo Drive in Los Angeles, the Miami Design District, Phipps Plaza in Atlanta and the Crystals store in Las Vegas.  Encrypted payments will be emailed to customers by Gucci with a link containing a QR code, and users can use their encrypted wallet to scan the QR code for consumption payments.  Currently, Gucci will accept Bitcoin, Bitcoin Cash, Ethereum, Wrapped Bitcoin, Litecoin, Shiba Inu, Dogecoin, and five dollar-pegged stablecoins.  Marco Bizzarri, President and CEO of Gucci said that:  “Gucci is always looking to embrace new technologies when they can provide an enhanced experience for our customers. Now that we are able to integrate cryptocurrencies within our payment system, it is a natural evolution for those customers who would like to have this option available to them.”  More brands have been increasingly testing blockchain technologies.  Leading Italian luxury fashion house Dolce & Gabbana sold a nine-piece collection of fashion NFTs dubbed Collezione Genesi or the Genesis Collection for a whopping $6

2022-05-05Malalim na Pagsisid

The Coinbase NFT Marketplace Is Now Open to Everyone

The non-fungible token (NFT) marketplace on Coinbase is now open to all customers.  The NFT marketplace is still in beta, with the goal of establishing a social platform for buyers and sellers to test and grow a larger community.  Coinbase first made the NFT platform available to a limited number of invitees in April.  This rollout has occurred earlier than expected, according to Yahoo Finance. According to a Coinbase spokeswoman, the product is ready for higher traffic levels.  In a statement, Coinbase said that the company “believes NFTs are here to stay, and the Coinbase marketplace is about much more than just buying and selling.”   “Coinbase is focused on cultivating a community and is excited to be opening the beta up for more people to enjoy the experience they have created,” it added.  The social interaction elements of Coinbases NFT marketplace allow users to establish a profile and customise it with the NFTs they have made. Users can also leave comments on NFTs and start conversations with other NFT holders and sellers on the platform, all while exploring what is for sale in the marketplace.  Additionally, users can gain followers and discover other collectors and makers.  According to Chainalysis, NFTs have grown in popularity and will be

2022-05-05Malalim na Pagsisid
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