Balita sa Industriya ng Crypto at Market Trends

FTX Stakes Milyun-milyong SOL, Sa gitna ng mga Takot sa Liquidation

The estate of the now-defunct crypto exchange FTX has reportedly staked 5.5 million Solana (SOL) tokens, now worth $121 million USD.　　This follows a court filing that highlights the substantial SOL holdings owned by the FTX estate.　　FTX Stakes Solana Following Approval of Liquidation Process　　A user on X (formerly Twitter) initially discovered the transaction, which is nakikita on Solana.fm under the wallet name ‘Alameda’.　　Transfer of approximately 5.5 million SOL. Source: Solana.fm　　The staked amount comprises 5.55 million SOL tokens, worth approximately $121.17 million.　　Staking means that the tokens are locked up for a certain amount of time, in return for passive income, similar to a bank term deposit. The locked tokens actively contribute to sustaining the blockchains operation.　　At the time of publication, SOLs price stands at $22.03.　　However, a recent court filing revealed that the estate of the now-defunct crypto exchange FTX holds a staggering amount of SOL, as its largest portion of digital assets. According to the court filing, it holds approximately $1.16 billion.　　SOL holders found themselves in a state of uncertainty when the bankruptcy court approved FTXs liquidation plan, including the $1.16 billion in SOL and roughly $2.5 billion in other crypto assets.　　Meanwhile, the liquidation process adheres to stringent regulations. This is to

2023-10-16Industriya

California Governor signs new crypto bill into law for 2025—what you need to know

Amid growing calls for regulatory clarity in the crypto sector, California Governor Gavin Newsom has made a decisive move. He recently signed into law the Digital Financial Assets Law, a bill outlining a structured framework for the crypto industry. Under this new law, the Department of Financial Protection and Innovation (DFPI) will serve as the regulatory authority responsible for crypto activities. Besides the DFPI, the law introduces an 18-month implementation window, offering flexibility for new industry trends.　　Governor Newsom is no stranger to the crypto industry. Last year, he declined to endorse a crypto bill, citing its inability to adapt to industry changes. This time, Newsom seems confident that the new law will offer a balanced approach.　　However, he also noted that some aspects might need further refinement. “It is essential that we strike the appropriate balance between protecting consumers from harm and fostering a responsible innovation environment,” said Newsom. This dynamic approach aims to simultaneously minimize fraud, enhance consumer and investor protections, and provide businesses with a clear regulatory path.　　What this means for crypto businesses　　The Digital Financial Assets Law stipulates that businesses must obtain a DFPI license to operate in the crypto space in California. Moreover, the law imposes stringent audit

2023-10-16Industriya

GOP clash paralyzes Congress: What’s next for U.S.?

When the world expects strength, the U.S. Congress appears paralyzed, stuck in an internal wrestling match among the GOP. With wars escalating in both the Middle East and Ukraine, the last thing the nation needs is a Congress stalled by its own conflicts. The question on everyone‘s mind: What’s next for the U.S.？　　当世界期待实力时，美国国会却陷入瘫痪，陷入共和党的内部角力。随着中东和乌克兰的战争不断升级，这个国家最不需要的就是国会因自身冲突而陷入僵局。每个人都在思考一个问题：美国接下来会怎样？　　Ripples of the Republican Rivalry　　共和党竞争的涟漪　　Its been almost two weeks since a fraction of Republicans decided to show Speaker Kevin McCarthy the door, leaving the House of Representatives rudderless.　　距离一小部分共和党人决定将议长凯文·麦卡锡拒之门外，导致众议院群龙无首已经过去近两周了。　　This leadership void has stopped Congress dead in its tracks, freezing any potential legislative initiatives. Discussions on aiding Ukraine, currently under the siege of Russian forces, and expressing solidarity with Israel in its conflict with Hamas have been shelved.　　这种领导层的空缺使国会停滞不前，冻结了任何潜在的立法举措。关于援助目前受到俄罗斯军队围困的乌克兰以及在以色列与哈马斯冲突中声援以色列的讨论已被搁置。　　The nomination of Jim Jordan, a notorious adversary of the GOP leadership, as the next speaker has only heightened the tension. While his nomination raises eyebrows, the true test will be whether he can garner the necessary support in the forthcoming floor vote.　　共和党领导层臭名昭著的对手吉姆·乔丹（jim jordan）被提名为下一任发言人，这只会加剧紧张局势。虽然他的提名引起了人们的关注，但真正的考验将是他能否在即将举行的全体投票中获得必要的支持。　　The reason behind McCarthy‘s unexpected exit？ A spending bill that won more favor with Democrats than with his own party. This wasn’t a mere difference of opinion; it was a tipping point.　　麦卡锡意外退出背后的原因是什么？一项支出法案赢得了民主党人的支持，而不是他所在政党的支持。这不仅仅是意见分歧；这是一个转折点。　　This act was perceived as betrayal by some, especially

2023-10-16Industriya

Chainlink Gearing Towards a Breakout as Whale Transactions Surge ⋆ ZyCrypto

Since Chainlink (LINK) has been engulfed in a ranging market, the eighteenth-largest cryptocurrency is showing its unwavering quest to break out from this zone.　　Popular market analyst Michael van de Poppe took to X, formerly Twitter, to highlight that LINK looks set to leave the current zone to gain the much-needed upward momentum.　　Ang analyst tulis out that Chainlink had set its eyes on creating a higher low around the $6.75 to $7 area, as this would propel its upside continuation.　　Higher highs and higher lows illustrate a bullish momentum because they depict an uptrend.　　On the other hand, crypto trader Rekt Capital naniniwala that LINK ought to break and retest the current macro downtrend to experience a new uptrend.　　Therefore, Chainlink should break and retest the $8.5 area for sustained bullish momentum.　　LINKs price stood at $7.4 at the time of writing, according to CoinGecko data.　　Chainlinks Whale Transactions are Going Through the Roof　　Famed for its decentralized nodes enabling smart contracts with even off-chain data sources, Chainlink continues attracting more players based on its innovation.　　As a result, whale transactions on the LINK network have been surging. Crypto analyst Ali isiwalat that Chainlink whales were making noteworthy transactions based on a remarkable increase in their holdings that

2023-10-16Industriya

Nakipagtulungan ang Circle sa Coins.ph upang Hikayatin ang Financial Inclusion sa pamamagitan ng Remittances sa Pilipinas

Stablecoin issuer and fintech firm Circle announced a strategic partnership with Philippines-based digital asset provider Coins.ph to improve the existing remittance landscape of the region.　　The partnership seeks to promote the use of USDC-denominated remittances as a safe, affordable, and nearly instantaneous method for international money transfers among Coins.phs 18 million Filipino user base.　　Circle x Coins.ph　　In 2022, remittance flows to the Philippines amounted to an astonishing $36.1 billion, as reported by the Bangko Sentral Ng Pilipinas (Central Bank of the Philippines). Circle said that this underscores the continued significance of remittances to the Philippine economy.　　However, traditional remittance methods often come with steep fees and lengthy processing times.　　According to the World Bank, the average cost of sending a $200 remittance to the Asia region in 2022 was 5.7%. The situation is even more challenging for the unbanked population in the Philippines, which constituted 44% of the adult population in 2021, as per the countrys central bank.　　In a bid to address these issues, Coins.ph and Circles partnership seeks to drive real-time settlements and minimal transaction costs in the Philippines, which happens to be the fourth largest recipient of remittances globally. The initiative will start with the launch of educational campaigns and community engagement

2023-10-16Industriya

TON Foundation Declares Support for Elliptic to Enhance Security

TON Foundation, the Open Network has announced that a leading blockchain analysis firm, Elliptic will provide additional security to the foundation and will help TON Foundation reach its goal of racing crypto to every pocket by forming a web3 ecosystem on Telegram.　　It will provide greater visibility and security to the ecosystem as Elliptic will display all TON wallet addresses and flag those linked with bad actors or malicious activities. This will safeguard the users.　　TON has a rapidly growing community. The number of registered accounts on TON has grown by 165%. Its collaboration with Elliptic will confirm that the users of the TON ecosystem are protected from accounts linked with malicious activities. Thus, it will enhance the foundations robust security.　　Justin Hyun, the Director of Growth at TON Foundation, said “Elliptic support will increase security by protecting the user from any criminal activity. The TONs ecosystem will remain secure as it continues to scale at pace.”　　About TON and Elliptic　　TON is an open network foundation. It is a non-profit organization that is funded by the community. It was founded in 2023 in Switzerland. It acts in the communitys interest and runs intending to put crypto in every pocket. By enhancing the web3 ecosystem

2023-10-16Industriya

Own the LAND and Build Kingdoms

League of Kingdoms is centered around building kingdoms and ruling the world. The player can build a powerful kingdom and army, battle and rule, and complete and win contests. The gamers can build their kingdoms on a LAND owned by the gamer. The gamers can build, battle, rule, complete, and trade.　　Gamers can build their kingdoms and armed troops to protect citizens and fight enemies. To make alliances, gamers can raise troops, and lords, and team with other kingdoms. They can rule the world by cooperating with other kingdoms and even other continents. There are attractive rewards for players who win events, contests, and competitions.　　Gamers can own LAND and NFT assets, earn cryptocurrency based on their NFT ownership and can take part in governance decisions like voting etc. All lands are NFTs and owned by users.　　Recent Market Analysis of League of Kingdoms NFT　　League of Kingdoms NFT has a total volume of 198 ETH. The floor price is 0.14 MATIC. There are 27,462 owners and among them, 5% are unique owners. OpenSea data of high to low price list includes LOK Stone 10M for 0.14 MATIC, LOK Stone 10M at 0.14 MATIC, and LOK Gold 10M at 0.14 MATIC.　　The high-to-low price list

2023-10-16Industriya

Alphabet’s Resilience and Recovery Amid Market Turbulence and Growth

Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) has emerged as a leading force within the tech industry, exhibiting a remarkable performance this year. With its shares skyrocketing by nearly 60%, dwarfing the S&P 500‘s modest 15% returns, the company has left investors reeling with both excitement and uncertainty. The resurgent interest in tech giants, fueled by the AI fervor, has significantly bolstered Alphabet’s position in the market.　　For those who have invested in Alphabet, the current surge in share prices might be prompting thoughts of securing profits at these remarkable levels. On the other hand, for those who haven‘t yet entered the market, the question of whether it’s too late to benefit from Alphabet‘s impressive returns might be looming large. To determine whether Alphabet is a prudent buy or sell at these prices, it’s essential to delve into the figures and discern the companys trajectory.　　Navigating market dynamics and projecting long-term growth potential　　Alphabet weathered a challenging phase last year, grappling with a significant slowdown in growth, largely influenced by a reduction in marketing budgets across various industries. In the second quarter, the companys revenue witnessed 16% year-over-year growth in constant currency, a marked deceleration compared to the stellar 57% growth achieved in 2021.　　Moreover, the

2023-10-16Industriya

Nakipagsosyo ang Kraken sa koponan ng Formula 1 na Williams Racing

Crypto exchange Kraken signed a partnership deal with Formula 1s Williams Racing. The collaboration aims to foster global crypto adoption.　　Fostering financial inclusivity　　Kraken expects the Formula 1 partnership to promote a shared vision for the future of finance and community engagement.　　As detailed in a Kraken blog post, both organizations strive to nurture a common vision for the future of finance and community involvement.　　The partnership will see Kraken become the team‘s first-ever ’Official Crypto and Web3 Partner,‘ with the Kraken logo displayed on Williams Racing’s FW45 race car during the Formula 1 Rolex Australian Grand Prix 2023.　　The partnership aims to drive global awareness and adoption of crypto and Web3, and offer fans cutting-edge crypto and Web3 experiences　　As part of this collaboration, unique digital collectible experiences will be created to engage crypto and motorsport communities. For the first time, holders of specific digital collectibles on KrakenNFT will have the opportunity to display their NFTs on the Williams Racing car, highlighting Krakens dedication to community engagement.　　Williams Racing commercial director James Bower expressed his excitement over the partnership, stating that they are proud that Kraken is entering the Formula 1 space with Williams Racing, uniting two of the most trusted and longest-standing brands in their

2023-10-16Industriya

Mabawi ba ang Presyo ng ADA sa Nobyembre?

Cardano price prediction is bullish for November and suggests that a significant increase in the value is possible.　　ADA price is trying to climb above the 50-day EMA to reverse the short-term trend in an upward direction. If buyers succeed then it might trigger the positive sentiment that attracts fresh investors.　　For the last three months, Cardanos price has consolidated inside the range between $0.2400 to 0.2800. It shows the signs of long-term base formation so the downside risk looks limited.　　Previously, ADA crypto price took support near $0.2400 and showed a sharp recovery. Due to this, investors expect that a similar kind of pattern might be repeated.　　On a day time frame chart, the price pattern of the Cardano crypto looks bearish. Moreover, the price also seems oversold so the possibility of a short-term pullback rally is high.　　At the time of writing, Cardano price is trading at $0.2464 with an intraday decline of -0.24. The 24-hour volume to market cap is 0.79%. The pair of ADA/BTC is trading at 0.00000916 with an intraday decline of -0.33%.　　Will Cardano Price Expand the Range Upward？　　Cardanos price prediction favors the bulls and suggests bulls are likely to win the battle. If the crypto leader BTC and ETH

2023-10-16Industriya

...

280282

...

1000