Nag-crack Down ang India sa 9 Global Crypto Exchanges Kasama ang Binance, Kraken ⋆ ZyCrypto

crypto  Nag-crack Down ang India sa 9 Global Crypto Exchanges Kasama ang Binance, Kraken ⋆ ZyCrypto  Nag-isyu ang Financial Intelligence Unit ng India ng mga abiso ng compliance show cause sa siyam na foreign crypto exchange, kabilang ang crypto giant na Binance at Huobi, para sa di-umanoy ilegal na operasyon at paglabag sa mga regulasyon sa Anti-Money Laundering. Ito ay isang malaking hakbang na maaaring magkaroon ng malaking epekto sa lokal na industriya ng cryptocurrency.  Ang abiso  Ang gobyerno ng India ay naglabas ng mahigpit na babala sa mga nangungunang crypto exchange na ilegal na tumatakbo sa bansa.  Ang Financial Intelligence Unit (FIU) ng India, na nasa ilalim ng Finance Ministry ng bansa, ay nagbigay ng mga abiso sa siyam na pandaigdigang crypto exchange at hiniling sa Ministry of Electronics and Information Technology na harangan ang mga URL ng mga kumpanya — na epektibong pinipigilan ang kanilang mga website na ma-access sa bansa hanggang karagdagang paunawa.  Binance, Huobi, Kucoin, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global, at Bitfinex ang mga apektadong crypto service provider. Sinabi ng FIU sa isang press release noong Disyembre 28 na ang mga entity na ito ay tumatakbo nang hindi sumusunod sa mga probisyon ng Prevention of Money Laundering Act (PMLA) ng bansa.

2023-12-29Industriya

Ang Arbitrum (ARB) ay Tumaas ng 58% sa 30 Araw – Michaël van de Poppe Bullish sa $2 na Outlook

Tech  Ang Arbitrum (ARB) ay Tumaas ng 58% sa 30 Araw – Michaël van de Poppe Bullish sa $2 na Outlook  Balita ng Ethereum ng Bitcoin  Sa mabilis na mundo ng cryptocurrency, ang Arbitrum (ARB) ay lumitaw bilang isang standout performer, na nagpapakita ng nakakagulat na 58% surge sa nakalipas na 30 araw. Samantala, ang kilalang crypto analyst na si Michaël van de Poppe ay mayroon ipinahayag ang kanyang bullish outlook sa ARB, na inaasahan ang isang tilapon na maaaring magtulak sa token sa $2 na marka.  Ibinahagi ni Van de Poppe ang kanyang mga insight sa trajectory ng presyo ng Arbitrum sa pamamagitan ng X (dating Twitter). Binanggit niya na ang muling pagsusuri sa $0.98 ay napatunayang epektibo, na may pagpapatuloy sa $1.35 at higit pa. Binigyang-diin din niya ang ilang kapansin-pansing pag-flip ng suporta/paglaban (S/R), na nagpapahayag ng paniniwala na ang saklaw na $1.40 hanggang $1.45 ay dapat tumagal, na nagbibigay-daan para sa karagdagang pagtaas ng paggalaw patungo sa $2.  Nag-post ako ng ilang mga update sa $ARB.  Ang retest sa $0.98 ay gumana, pagpapatuloy patungo sa $1.35 pati na rin at higit pa.  Ang ilang magagandang S/R flips, sa tingin ko ay dapat magkaroon ng $1.40-1.45 at maaari tayong magpatuloy sa $2. pic.twitter.com/wIFEg26zq8  - Michaël

2023-12-29Industriya

Bakit Ang Mga Matalinong Kontrata ng Ethereum ay Isa sa Pinakamagagandang Tampok Nito

Blockchain has emerged as a game-changing technology, disrupting numerous industries by providing a decentralized and safe solution for making transactions. One of the most common uses of blockchain is implementing smart contracts. But what are they, and how do they work? First of all, smart contracts have everything to do with Ethereum, the 2nd leading digital asset in the crypto market which you can buy on the Binance platform. Ethereum was also the one to bring the concept of automation to life and shape the future of blockchain technology.  To be fair, trying to make sense of blockchain and all its related aspects can feel like an attempt to solve a Rubik‘s cube in a room with no light – it’s truly daunting. If this concept is too complicated for you, were here to shine a light on smart contracts to help you grasp everything from how it functions to its benefits and the industries making the most of this new and appealing tech advancement.  Breaking Down the Concept of Smart Contracts  If you are familiar with the blockchain space, you may have heard about smart contracts before. But what are they, really? If you‘re associating them with paper contracts – but smarter-

2023-12-29Ethereum

Bitcoin Supporter Argentina President Kumilos sa Cryptocurrencies!

Last month, Bitcoin-supporting libertarian candidate Javier Milei won the elections in Argentina and became the new president of the country.  After the BTC supporter candidate won the elections, the government turned to cryptocurrencies and prepared a new tax peace bill regarding taxpayers assets that they did not declare to the public.  Accordingly, the government stated that cryptocurrencies such as BTC were included in the bill it prepared for the assets that taxpayers must report.  Cryptocurrencies are among the various assets, from cash to property, that taxpayers must declare under the proposed draft, with reduced penalties for early declaration.  For example, citizens who declare their cryptocurrency holdings before March 31 will be subject to a tax rate of only 5%, which will rise to up to 15% by November 30.  “Tax rates for cryptocurrencies will apply regardless of who is the issuer of the cryptocurrencies, or where they are stored, secured or stored.”  As you may remember, there was good news from Argentina last week. Argentine Foreign Minister Diana Mondino announced that contracts can now be made in Bitcoin.

2023-12-29Bitcoin

Nagmumungkahi ang Vitalik Buterin ng Mga Panukala para Pasimplehin ang Disenyo ng PoS, Mga Pagdagsa ng ETH

Vitalik Buterin, the co-founder of Ethereum, has proposed measures to reduce the load on the Ethereum blockchain and simplify its proof-of-stake (PoS) consensus.  The proposal aims to decrease the number of signatures validators must make to maintain the networks operation, ultimately reducing the overall load on the Ethereum blockchain.  Ethereum Co-Founder Proposes Adjustments  Ethereums attempt to achieve decentralization and involve regular users in staking by supporting around 895,000 validators has led to significant technical challenges.  The need to process a large number of signatures, approximately 28,000 per slot, imposes a high load on the network. The approach has drawbacks, including limitations on quantum resistance, complex forking, and the need to scale signatures through zero-knowledge proofs (SNARKs).  Isang panukala sa pagpapasimple ng PoS: gumawa ng disenyo na nangangailangan lamang ng 8192 pirma bawat slot (kahit na may SSF), na ginagawang mas simple at mas magaan ang pagpapatupad ng pinagkasunduan.  - vitalik.eth (@VitalikButerin) Disyembre 27, 2023  To address these issues, the Ethereum co-founder has proposed reducing the number of signatures per slot to a more moderate level, aiming for technical simplification and enhanced quantum resistance.  The current approach of supporting around 895,000 validators on Ethereum, while aiming for decentralization and broad participation, falls short of fully enabling ordinary individuals to

2023-12-29Ethereum

Bakit ang Bitcoin, Ethereum ay nakatakdang tapusin ang 2023 na may isang putok

However, the chart above also shows the On Balance Volume (OBV) which was rising. The rising OBV reflects positive volume pressure which could lead to higher prices.  If buying pressure increases just before the year ends, BTC might hit $45,000. If not, a downward move below $43,000 could be its next target.  Meanwhile, the ETH/USD 4-hour chart mirrored a bullish structure. On the 27th of December, ETH had surpassed the $2,290 resistance. But the coin price faced a swift rejection after it hit $2,415, suggesting that there was a cluster of accumulation at the level.  Though volatility increased, the upper band of the Bollinger Bands (BB) hit the ETH price. This suggests that the altcoin was overbought and the price may retrace further. But on looking at the Directional Movement Index (DMI), the story was different.  Pinagmulan: TradingView  Makatotohanan o hindi, narito ang market cap ng ETH sa mga tuntunin ng BTC  At press time, the +DMI (green) was 33.92 while the -DMI (red) was 16.35. This position implied that ETHs bullish tendencies remained pressure.  Should the Average Directional Index (ADX), colored yellow, remain above 25 while the +DMI tops the -DMI, then ETH may retest $2,415 or jump to $2,500 before the year closes.

2023-12-29Ethereum

Celsius Network gets green light for Bitcoin mining

BCryptocurrency lender Celsius Network has received the green light to make a strategic shift into bitcoin mining, following approval from a U.S. bankruptcy judge. The decision represents a significant pivot for the company, which had originally aimed to earn fees from validating crypto transactions but had to alter its course after encountering regulatory obstacles. Here‘s a closer look at Celsius Network’s bold move into the world of bitcoin mining.  In a recent ruling, U.S. Bankruptcy Judge Martin Glenn in Manhattan granted Celsius Network the ability to deviate from its previously approved bankruptcy plan. This decision came after the company faced challenges with the U.S. Securities and Exchange Commission (SEC). Judge Glenn determined that the new restructuring would not negatively impact creditors or customers, thus allowing Celsius Network to proceed with its bitcoin mining venture.  Celsius Network‘s journey to bitcoin mining began when it filed for Chapter 11 protection in July 2022. This move was in line with several other crypto lenders who faced financial difficulties amidst the rapid growth of the industry during the COVID-19 pandemic. Originally, Celsius had grand plans to generate revenue by validating crypto transactions and exploring new business avenues. However, the SEC’s rejection of this plan prompted a

2023-12-29Bitcoin

Ethereum Leaps As ETH Co-Founder Vitalik Buterin Shares Proof-of-Stake (PoS) Simplification Proposal

The leading smart contract platform by volume is seeing a rise in price after its co-founder shared a proposal to simplify its proof-of-stake (PoS) mechanism.  In a new thread, Ethereum (ETH) co-founder Vitalik Buterin release his proposal on how to improve the top altcoins blockchain, saying that it would make the proof-of-stake system “considerably simpler and lighter.”  In the proposal, Buterin says that the upgrade would boost decentralization and allow regular individuals to partake in staking. However, he notes that the proposal comes at a high cost.  According to Buterin, Ethereums centralization works against it because if it were to suffer an attack, it would cost the network about 9 million tokens, or $20 billion.  Buterin concludes that the optimal number of signatures to process per slot for ETH is 8192 as it would make it “much easier for anyone to run a consensus client, and users, staking enthusiasts and others would be able to immediately work off of that assumption.”  After the announcement, the price of Ethereum jumped to $2,442. However, it has since stabilized and is trading for $2,370 at time of writing, a fractional increase during the last 24 hours.  Pagtanggi: Ang mga opinyon na ipinahayag sa The Daily Hodl ay hindi payo

2023-12-29Ethereum

Nahigitan ni Solana ang Ethereum sa Dami ng DEX: Maari bang I-dethrone ng SOL ang ETH?

Balita ng Ethereum ng Bitcoin  Solana surpasses Ethereum and other competitors in daily and weekly decentralized exchange (DEX) volumes.  Recent data highlights Solanas dominance, with a daily volume of $1.447 billion and a weekly volume of $10.786 billion.  SOL outperforms not only Ethereum but also Binance Smart Chain, Arbitrum, Polygon, and Avalanche.  Solana has seen significant growth in decentralized exchange (DEX) daily and weekly trading volumes compared to other major blockchain platforms like Ethereum. Recent data shows Solana exceeding $1.447 billion in daily DEX volume and over $10.786 billion in weekly volume.  Solana‘s weekly DEX volume now exceeds Ethereum’s reported $9.604 billion in weekly value. This indicates Solanas expanding presence and market share in the DEX space compared to the previous market leader.  Solana puts up a notable performance  Solana has also overtaken other alternative blockchains such as Binance Smart Chain, Arbitrum, Polygon, and Avalanche in terms of daily and weekly DEX volumes traded on its network.  Similarly, SOL‘s $1.447 billion in daily value has now surpassed Ethereum’s reported daily volume of $1.282 billion. This realignment in volumes highlights Solanas rapid performance improvements in transaction speeds and costs that have increased adoption among cryptocurrency traders and decentralized finance (DeFi) users over the past year.  Beyond raw DEX volumes, SOL

2023-12-29Ethereum

Solana’s Rise Threatens Ethereum’s Market Dominance

Balita ng Ethereum ng Bitcoin  Solanas rise in 2023 raises questions on whether the token could surpass Ethereum.   The digital assets 945% increase this year far outpaces Ethereums 98%.  Ethereum continues to maintain its unchallenged dominance in market cap and TVL.  Layer-1 blockchain Solanas sporadic and unexpected rise this year has been marked with excitement from holders and speculations for a wider market takeover.  The token now sits comfortably above the $100 threshold after rising all through the year. Dubbed the Ethereum-killer, Solana first gained prominence in 2021 when its enthusiasts asserted the blockchains speed and low fees would push it to flip Ethereum.  Given its rise this year, a feat that far outpaces that of Ethereum, the conversations are back in the fore. Compared to Solanas 945% rise, Ethereum grew around 98% this year, which, although significant, is a more muted price movement.  However, the brewing competition from Solana extends beyond the price movements. Recent reports note that the layer-1 blockchain has flipped to Ethereum as the alternative cryptocurrency of choice in other trading aspects.  This month, Solana temporarily surpassed Ethereum in Open Interest (OI) rates. Likewise, the token crossed Ethereum on decentralized exchange (DEX) 24-hour trade volume. While Ethereum has since regained the top market

2023-12-29Ethereum
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