Balita sa Industriya ng Crypto at Market Trends

Inilalantad ng Insider ang Tunay na Pagganyak sa Likod ng XRP Case Appeal

Tech　　Inilalantad ng Insider ang Tunay na Pagganyak sa Likod ng XRP Case Appeal　　12 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Gamza Khanzadaev　　Attorney Bill Morgan and SEC specialist Marc Fagel unveil hidden drive behind XRP case appeal, changing game for crypto regulation　　In a recent development, attorney Bill Morgan and securities law specialist Marc Fagel delved into the legal saga between the SEC and Binance, shedding light on a critical aspect of the ongoing legal battle.　　Morgan‘s commentary was prompted by a mention of the SEC’s ongoing case against Ripple in the codefendants‘ legal memorandum filed in support of Binance’s motion to dismiss the SEC‘s complaint. These codefendants, represented by BAM, Binance’s partners, appear to be leveraging Judge Torres previous opinion concerning transactions on secondary exchanges. Recall that, in SEC v. Ripple, the court ruled that secondary sales of XRP did not constitute unregistered sales of securities.　　The pivotal question raised by Morgan is whether the court would endorse Judge Torres stance on programmatic sales. This query leads to speculation about why the SEC pursued an interlocutory appeal against the Torres decision in the Ripple lawsuit.　　The concern appears to stem from the possibility that this decision could be employed not only by Binance but also

2023-09-24Industriya

Soars, extends its rally to 10 days, as bulls eye 0.9100

Pananalapi　　Soars, pinahaba ang rally nito sa 10 araw, bilang bulls eye 0.9100　　8 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　USD/CHF is on a bullish trajectory, ending the week with over 1% gains,　　Pair is eyeing the 0.9100 mark, with a breach potentially exposing the May 31 cycle high at 0.9147, following a rally to the March 16 daily high at 0.9340.　　Key support levels for sellers include the 200-DMA and the 0.9000 mark; breaching these could lead to a test of the September 20 daily low at 0.8931.　　USD/CHF is set to end the week with decent gains of more than 1%, while breaking above the 200-day moving average (DMA), which could open the door for further upside, with buyers eyeing a new cycle high. Therefore, the pair is trading at 0.9071, edges up 0.30% late in the New York session.　　The daily chart portrays the pair extending its gain past the 0.9032 (200-DMA), and puts a challenge of the 0.9100 figure into play. A breach of the latter will expose the May 31 cycle high at 0.9147, which, if cleared, the USD/CHF could rally back to the March 16 daily high at 0.9340.　　Conversely, sellers would face the 200-DMA and the 0.9000 mark. Those two

2023-09-24Industriya

Bakit Naninindigan ang CEO ng Coinbase na si Brian Armstrong Laban sa AI Regulation

Balita ng Ethereum ng Bitcoin　　Coinbase CEO Brian Armstrong staunchly opposes artificial intelligence (AI) regulation. 　　In his perspective, regulating AI could stifle innovation. Armstrong attributes this sentiment to the historical success of the software and internet industries, which largely thrived in the absence of stringent regulations.　　Brian Armstrong Opposes AI Regulation　　Brian Armstrong, CEO of Coinbase, emphasizes the urgency of advancing AI, citing national security concerns. His position centers on the belief that government oversight often leads to unintended consequences and impedes competition and innovation despite good intentions.　　To safeguard AI, Armstrong advocates for promoting decentralization and open sourcing. According to him, this move would allow transparency in AI development.　　“We need to make progress on it as fast as possible for many reasons (including national security). And the track record on regulation is that it has unintended consequences and kills competition/innovation, despite best intention,” Armstrong said.　　However, not everyone shares Armstrongs view on AI regulation. Critics draw parallels between unregulated AI and nuclear weapons, emphasizing the potential risks.　　Gary Marcus, known for hosting “Human versus Machine,” challenges Armstrongs logic by suggesting that a lack of regulation, using a similar argument, if applied to the airline industry, could have been disastrous.　　AI Risks. Source: McKinsey　　The disagreements in the

2023-09-24Industriya

Ethereum Flashes Mixed Signals Near $1,600! Here’s How ETH Price Might Trade Next

Ethereum　　Ethereum Flashes Mixed Signals Near $1,600! Heres How ETH Price Might Trade Next　　16 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　As Ethereum‘s (ETH) price struggles to break away from the critical $1,600 level, it leaves traders feeling frustrated due to its continuous consolidation. Nevertheless, in recent hours, a variety of on-chain indicators have shown conflicting signals amid Ethereum’s decreased volatility. As a result, theres an increased chance of a robust price move for ETH in the upcoming week.　　Ethereums Amount Of Supply Touches 1-Month Low　　Based on insights provided by Glassnode data, there has been a notable surge in activity among short-term Ethereum holders in recent hours. On-chain data reveals that the quantity of Ethereum supply that was last active within one week to just one day ago has now reached its lowest point in one month. With the 1-day moving average (MA) dropping to 926,194.509 ETH, it signals a sentiment shift in Ethereums on-chain activity.　　A lower number of Ethereum coins held by short-term holders who have not moved them for a week or less indicates that these holders are actively participating in buying and selling, rather than holding onto their assets. This can be a sign of increased short-term trading or a

2023-09-24Ethereum

Sam Bankman-Fried’s trial starts Oct. 3: What you need to know

The fraud trial for former FTX CEO Sam Bankman-Fried is set to begin on Oct. 3 with a jury selection. The six-week trial will take place less than a year after the FTX collapse.　　Bankman-Fried is accused of fraud and conspiracy in connection to the now-bankrupt FTX.　　A judge revoked Bankman-Fried‘s bond back in August following a petition from the prosecutors. As part of the petition, prosecutors cited Bankman-Fried’s contact with a New York Times journalist as a tipping point.　　Bankman-Fried was accused of leaking former colleague — and ex-girlfriend — Caroline Ellisons diary entries to the reporter. The government argued at the time that Bankman-Fried had shown a history of witness tampering, including attempting to contact an unnamed witness — the “current General Counsel of FTX US who may be a witness at trial” — via Signal.　　Judge Lewis Kaplan, who will oversee the trial, said there was probable cause to believe that Bankman-Fried violated the terms of his bail in his attempts to allegedly tamper with the witnesses.　　Since then, Bankman-Fried has been held at the Brooklyn Metropolitan Detention Center. He will remain there for the duration of his trial, as a panel from the Second Circuit Court of Appeals rejected his appeal

2023-09-24Industriya

Itinaas ng Citigroup ang PANW Stock Price Target sa $285: Hold o Exit?

Palo Alto Network Inc. (PANW) stock price slumped nearly 6% in the last week delivering weakness over the charts. The stock price declined below the 50-day EMA on Thursday and maintained the same intraday session on Friday indicating weakness in the price trend.　　However, the daily chart illustrates that the PANW stock persisted in a strong trend for the last 2 quarters. The stock yielded a return of 61.70% on a year-to-date basis; outperforming the index returns. The PANW share price maintained above the 50-day EMA for most of the time. Moreover, the stock price showed short-term drawdowns which were later soaked up by the aggressive presence of bulls at the lower levels.　　Analysts offering a 1-year price forecast for Palo Alto Network Inc. have a maximum estimate of $340 with an upside potential of more than 48% and a minimum estimate of $225. Moreover, Citigroup has raised PANW share Price yearly targets to $285 which was previously at $260, and maintains a buy rating.　　Pinagmulan: barchart.com　　PANW stock option-chain analysis states that the current implied volatility in the market is 29.72% with a decrement of 0.41% in the last trading session. The at-the-money strike has an OI of 1439 on the PUT side

2023-09-24Industriya

Mga Beteranong Namumuhunan na Naghula ng Pagtaas ng Fantom (FTM), Sinabi na Magagawa ng Bitcoin Fork na Ito ang Pareho

Bitcoin　　Mga Beteranong Namumuhunan na Naghula ng Pagtaas ng Fantom (FTM), Sinabi na Magagawa ng Bitcoin Fork na Ito ang Pareho　　47 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Seasoned crypto investors who successfully predicted the rise of Fantom (FTM) are now pointing to a particular Bitcoin fork. With the crypto markets twists and turns, these experienced minds believe that this Bitcoin Spark holds the potential to replicate the remarkable ascent of Fantom in the competitive crypto landscape.　　Bitcoin Spark (BTCS)　　BTCS is a cryptocurrency and blockchain technology striving to revolutionize crypto through its innovative approach and technology. Bitcoin Spark deploys a Proof-of-Process (PoP) mechanism, which attracts staking and work done. This hybrid approach enhances scalability, security, and decentralization while making mining more accessible to diverse participants. It prioritizes inclusivity, allowing individuals with varying computational resources to participate in the mining process. It aims to level the playing field, reducing the dominance of wealthy miners often seen in traditional PoW systems.　　The project implements a unique rewards distribution model that considers both the miner‘s stake in the network and their contribution in terms of processing power. This approach prevents the concentration of rewards among a few large players. The BTCS token serves various use cases within

2023-09-24Bitcoin

Mga Pangalawang Deadline para sa Spot Bitcoin ETF sa 23 Araw, Aaprubahan ba ng SEC?

Balita ng Ethereum ng Bitcoin　　The crypto community awaits SEC approval of Bitcoin spot ETF in the coming weeks.　　Influential figures have argued for the SECs eventual approval.　　Prominent institutional plan to fight fiercely for market share upon greenlight.　　The crypto community is speculating that the Securities and Exchange Commission (SEC) of the United States will approve the first spot Bitcoin exchange-traded fund (ETF) within the coming weeks.　　In a recent tweet, prominent crypto influencer Crypto Rover argued that the SEC chairman Gary Gensler has no option but to approve more than one of the Bitcoin spot ETFs that have been filed. In his words, “Gary Gensler will eventually have to approve Spot Bitcoin ETFs.”　　Notably, Rover reached this conclusion based on the timelines available for the ETF application approval or disapproval. He highlighted that it is just 23 days from the second deadline for comments on multiple pending Bitcoin ETF applications.　　According to the image accompanying the tweet, the approaching deadline is for BlackRock, Bitwise, Wisdom Tree, Invesco Galaxy, Fidelity, Hashdex, VanEck, and Valkyrie applications. Specifically, the second deadline for the highlighted firms is between October 7 and October 19, 2023.　　Meanwhile, the U.S. regulator has already delayed these pending Bitcoin ETF applications. In particular, the first

2023-09-24Industriya

3 Pivotal Factors That Could Drive Ripples XRP Price to $12, According to This Analyst ⋆ ZyCrypto

Tech　　3 Pivotal Factors That Could Drive Ripples XRP Price to $12, According to This Analyst ⋆ ZyCrypto　　5 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　As the crypto market continues to trade in turbulence, XRP, like BTC, ETH and other cryptocurrencies, has become ensnared in the volatility crisis, with investors now concerned about its future trajectory.　　Notably, despite positive developments in the past year, the fifth-largest cryptocurrency by market capitalization has continued to plunge and is currently down roughly 74% from its all-time high.　　Despite this uncertainty, well-known crypto analyst Zack Rector has outlined three pivotal factors that could drive XRP to new heights. On Monday, the analyst underscored the significance of the court denying an appeal by the U.S. Securities and Exchange Commission (SEC) in its ongoing tussle with Ripple, citing it as one of the catalysts with the potential to drive XRP prices to greater heights.　　For context, it‘s worth noting that after Ripple’s significant victory on July 13, 2023, in their legal battle against the SEC regarding XRPs market classification, the SEC swiftly countered with a motion for an interlocutory appeal. They aimed to contest the decision, contending that this appeal was essential to thoroughly address potential violations by Ripple and its

2023-09-24Industriya

Payments shouldn’t be handled on the Ethereum and Bitcoin networks

Bitcoin Ethereum　　Payments shouldnt be handled on the Ethereum and Bitcoin networks　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Crypto companies are currently making payments entirely wrong because they are not accounting for the most important people: the end consumers. Earlier this year, it was reported that cryptocurrency investors were facing delays concerning withdrawing funds deposited on the Ethereum blockchain.　　This was following its significant software upgrade, and it created persistent headaches for Ethereum, a platform, which aims to have its technology widely used for instant transactions. This resulted in ether worth around $1.4 billion being stuck in a withdrawal queue. The delays were a prime example of the limits in the transactions that Ethereum could process.　　This highlighted its potential shortcomings in terms of becoming a widely-used financial infrastructure. While Ethereum has grown popular within the crypto market, it has yet to be used in mainstream payments, commerce, and finance. Despite these challenges and issues, Ethereum holds a superior position, and users continue to stand by it.　　The reason for this is that it is fairly decentralized, which is key for preventing a chain from being hijacked by those validating it and for network security. It is the most decentralized smart contract blockchain within

2023-09-24Industriya

...

286288

...

1000