Balita sa Industriya ng Crypto at Market Trends

Nasa Manipis ba na Yelo ang Cardano? Ang Presyo ng ADA ay Nakikibaka sa $0.25 Sa gitna ng Tumataas na Mga Banta ng Bearish

Cardano finds itself struggling near a crucial level as signs of recovery fade in the altcoin market. Despite a bullish buyback, ADA has faced an uphill battle over the last fortnight, struggling to break free from the critical $0.25 threshold. Recent trading sessions have seen heightened selling pressure, leaving investors to question whether the recovery rally was merely a short moment and if a liquidation phase may be on the horizon.　　ADA Traders Turn Bearish Amid Declining Open Interest　　Cardano (ADA) is hitting a few bumps on its road to recovery. Recently, ADA traders have displayed an increasing bearish sentiment, and one major indicator flashing red is the declining open interest in ADA contracts.　　As indicated by the current data on ADA futures open interest, the metric has been on a downward trajectory, hitting levels last witnessed in 2021. At the time of writing, open interest has dropped to $98.6 million, pointing to a decline in trading activity among market participants.　　Amid this, the funding rate for Cardano has slipped into negative territory, signaling that traders with short positions are in the drivers seat and are even prepared to compensate those holding long positions. A negative funding rate is generally a sign of bearish

2023-09-16Industriya

The Rise in Bitcoin Upset Solana and Altcoin Bears! Will the LEFT Rise Continue?

Concern that FTX will sell its cryptocurrencies has created significant selling pressure on Bitcoin and altcoins.　　With this selling pressure, BTC fell below $ 25,000, while Solana and many altcoins also decreased.　　During the selling pressure on Bitcoin and altcoins, many investors opened short positions in altcoins such as SOL.　　However, after the fear of selling pressure from FTX passed, BTC returned to normal and rose above $ 26,000 again.　　While altcoins rose along with Bitcoin, altcoin bears who opened short positions for SOL and other altcoins for fear of a potential FTX sale faced the risk of liquidation.　　Speaking to Coindesk at this point, Marex Solutions Digital Assets Co-Head Ilan Solot evaluated the impact of Bitcoins rise on Solana.　　“Potentially forced liquidations of short positions would likely place additional bullish pressures on the SOL price, leading to a short squeeze-induced rally.”　　In addition, it was stated that the funding rates in futures transactions have been negative since Monday, while a positive rate indicates that there are many long transactions in the market and a negative rate indicates that there are many short positions.　　At the time of writing, Bitcoin continues to trade at $26,573 and Solana continues to trade at $19.05.

2023-09-16Industriya

Report reveals North Korea and Russias crypto-nexus

crypto　　Report reveals North Korea and Russias crypto-nexus　　8 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Russia was the global hub of cryptocurrency laundering.　　The crypto industry has been left high and dry amidst an unrelenting onslaught from North Korean-linked hackers. A series of high-profile exploits by unscrupulous players, allegedly backed by the regime, have siphoned millions in hard-earned monies off unsuspecting investors.　　While on-chain sleuths and law enforcement agencies work hard to investigate and uncover such crimes, a new alarming development has emerged, raising the risk a few notches higher.　　The Russia – North Korea link　　According to the latest report by blockchain analytics firm Chainalysis, hackers from North Korea were actively using Russia-based crypto exchanges to launder stolen crypto assets.　　On-chain data revealed that roughly $22 million stolen from the Harmony Protocol heist in June last year were transferred to a Russian exchange. Although the name was not revealed, Chainalysis alleged that the trading platform was a repeat offender with a history of supporting unlawful transactions.　　For the uninitiated, layer-1 blockchain Harmony suffered a breach on its cross-chain bridge Horizon. This resulted in a theft of $100 million in several tokens including Ethereum [ETH], Tether [USDT], and USD Coin [USDC].　　The Federal Bureau of Investigation (FBI) later confirmed

2023-09-16Industriya

Iniimbitahan ng Metas Horizon Worlds ang mga User na Mag-log in Sa Social VR Life

Pananalapi　　Iniimbitahan ng Metas Horizon Worlds ang mga User na Mag-log in Sa Social VR Life　　9 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The dependency of the world on technology and innovations is gradually increasing and Metaverse is no expectation. Metaverse or Virtual reality concept is becoming a new normal, offering immersive and real-world experiences over the online platform. Meta, an American multinational Internet corporation also dived into the sea of virtual reality, to offer something unbelievable. To remain alive, Meta introduced Horizon Worlds as a social VR platform.　　Ready to Explore Social Virtual Reality？　　Meta CEO, Mark Zuckerberg has finally come up with good news for gamers and technology enthusiasts. The news was related to the launch of Metas Horizon Worlds in the early access state. Horizon Worlds on Meta is one of the most collaborative platforms fully inserted with Virtual reality, offering an immersive social experience. Users can access, explore, play, and create games in this virtual world. In short, Meta Horizon Worlds is a free-of-cost virtual reality, online gaming platform integrated with a game development system introduced by the Meta platform. Interested in VR gaming, then the article may bring something surprising for you.　　Meta initially rolled out Horizon Worlds at an

2023-09-16Industriya

This Man Bought 5000 BTC For $26 In 2009, Then Forgot About It ⋆ ZyCrypto

In the realm of cryptocurrency, stories of incredible wealth made through minimal investments are rare but inspiring.　　One such remarkable story belongs to Kristoffer Koch, a Norwegian individual who in 2009 decided to put a modest sum of approximately 150 Norwegian Krona (around $26 at the time) into Bitcoin. At that time, little did he imagine that this seemingly inconsequential choice would go on to redefine his entire life, ultimately culminating in a substantial fortune.　　While working on his master‘s thesis, at age 25, Kristoffer Koch stumbled upon the concept of Bitcoin, a decentralized digital currency with the potential to disrupt traditional finance. At first, he was sceptical about Bitcoin’s future despite reading Satoshi Nakamotos 2008 white paper. Nevertheless, he decided to invest a small sum, acquiring 5,000 Bitcoin. However, like many, Koch forgot about his investment as he focused on his career and other life goals.　　It wasn‘t until four years later, in 2013, that Koch stumbled upon news reports about Bitcoin’s meteoric rise in value and decided to check his long-neglected digital wallet. To his amazement, he found that his $22 investment had grown into a substantial fortune of about $886,000. Notably, with BTC trading at $26,274 at press time, those

2023-09-16Industriya

Tumalon sa 200,000 ang Shibarium Daily Transactions sa Nakakagulat na Paglago

Shiba Inu‘s Layer-2 blockchain solution, Shibarium, is experiencing consistent growth in the number of daily transactions, indicating the platform’s utility on an ongoing basis.　　Now, daily transactions are hovering around 200,000, which is quite reasonable for a protocol that is less than a month old.　　Shiba Inu lead Shytoshi Kusama announced the relaunch of Shibarium to the public on Aug. 28. Before this statement, Shibarium was operational but in private mode. On the day of the announcement, Shibarium saw 66,540 daily transactions.　　Since the Aug. 28 relaunch date, the path has been on an upward trajectory, with daily transactions now stabilizing near 200,000 since Sept. 11. The prior day, Sept. 13, saw Shibarium notching daily transactions of 200,880.　　The path remains bright for Shibarium, given its current pace of growth. Per the Shibarium scan, Shibarium has reached 2,533,656 total transactions; 1,245,793 wallet addresses and 623,978 total blocks.　　The network utilization currently stands at 21.68%, which might imply that Shibarium could undertake more than it is doing presently without buckling.　　It should be recalled that days after Shibariums initial launch, which saw it pause due to a massive influx of users, the Layer-2 solution had its operations scaled by over 1,500%, while measures were put in place

2023-09-16Industriya

Wells Fargo at ang crypto Ripple (XRP): malapit sa $500?

Recently, prospects of $500 value for the crypto Ripple (XRP) ay kinumpirma ni Wells Fargo, one of the top multinational financial institutions, within two to seven months.　　Tingnan sa ibaba ang lahat ng detalye.　　A growth potential for the crypto Ripple in the short term: predictions by Wells Fargo　　As anticipated, after an initial victory for Ripple in a long three-year legal battle with the US Securities and Exchange Commission (SEC), positive forecasts for XRP have exploded.　　Specifically, an important and optimistic forecast comes from Shannon Thorp, Business Development Manager at Wells Fargo, who suggested on X, via a tweet, that XRP could potentially reach $ 500.　　Thorpe supported her bold claim by referring to the Bank of Englands “Cross Border Payments” 2023 report. This report predicts that the cross-border payments industry will reach an extraordinary market capitalization of $ 250 trilyon sa pamamagitan ng 2027.　　As a result, Thorp argues that an XRP price of $500 would be better suited to support such a large market, stating that “a price of $500 for XRP simply does not seem sufficient to sustain such an amount.”　　Moreover, Thorp is not the only one to advocate triple-digit prospects for XRP. In fact, another analyst known as XRP Captain on

2023-09-16Industriya

Hinihimok ng Top Democrat ang mga pederal na ahensya na pahusayin ang transparency sa mga merkado ng cryptocurrency

U.S. Senator Sherrod Brown, Chair of the Senate Committee on Banking, Housing, and Urban Affairs, has issued a clarion call to federal agencies, urging them to enhance transparency in the cryptocurrency markets. In a letter addressing Treasury Secretary Janet Yellen, Securities and Exchange Commission (SEC) Chair Gary Gensler, and Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam, Senator Brown emphasized the need for comprehensive disclosure in the digital assets sector.　　The Senators call comes amid growing concerns about the lack of transparency in cryptocurrency markets, which he argues leaves the public susceptible to fraud, scams, and manipulation by insiders.　　According to Senator Brown, the absence of accurate and useful investment information in the cryptocurrency markets has led to a proliferation of scams and hacks. Last year alone, nearly $10 billion was lost due to such illicit activities. The Senator criticized the crypto industry for resisting genuine transparency, stating that opacity serves the interests of sponsors, executives, and other insiders in the sector. He further noted that the lack of transparency allows these actors to profit at the expense of ordinary Americans, who are left in the dark about the risks associated with digital assets.　　Regulatory measures and congressional oversight　　While the House Financial Services

2023-09-16Industriya

Hindi na Nangungunang Aso ang Ethereum sa Mga Institusyunal na Namumuhunan sa gitna ng mga takot na bumagsak sa $1,000 ⋆ ZyCrypto

Ethereum　　Hindi na Nangungunang Aso ang Ethereum sa Mga Institusyunal na Namumuhunan sa gitna ng mga takot na bumagsak sa $1,000 ⋆ ZyCrypto　　52 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Head of Research at CoinShares, James Butterfill, revealed some concerning news in the latest European digital asset manager report. With a $59 million outflow in the past week, tensions are high in the crypto market. While Bitcoin was the asset that had the greatest losses, it seems Ethereum is headed for more pain, while overall trading volumes dropped by 73% from the previous week.　　Institutional Outflows Remain High　　While XRP saw inflows of $0.7 million, ETH outflows totalled $4.8 million, bringing the years total to $108 million. Butterfill said the lacklustre performance made ETH “the least loved digital asset amongst ETP investors this year.”　　ETP, which stands for ‘Exchange-Traded Product’, includes a wide range of investment products designed to expose investors to various assets, such as ETFs, exchange-traded notes (ETN), and exchange-traded mutual funds (ETFM).　　The recent FTX scare about a massive sell-off of tokens, which could potentially trigger larger price drops, further causes concerns. FTX lawyers asked the court to allow the liquidation of $3.4 billion in crypto assets. The Delaware Bankruptcy Court approved on

2023-09-16Ethereum

ADA Price Battles Low Volatility As Bulls Book Positions

Those seeking exposure to new long positions in ADA may want to wait until resistance at the descending channel has been weakened. This is to avoid sudden bull traps while ensuring the breakout allows for profit booking starting at $0.26.　　Due to the lack of liquidity leading to a slump in the trading volumes, a massive breakout to $1, although anticipated might take longer to materialize.　　Crypto volatility is at some of the lowest levels ever right now. ADA/USD 3 month daily annualised vol is at 67%, down from 100% a year ago. Going back to Feb 2018, 93% of the time volatility was higher　　— ADA whale (@cardano_whale) Septiyembre 14, 2023　　Key milestones likely to help traders and investors make informed decisions while ADA price climbs are the resistance/support areas highlighted by the 50-day Exponential Moving Average (EMA) (red) at $0.2701, the 100-day EMA (blue) at $0.2891 and the 200-day EMA (purple) at $0.3202.　　Notably, the short-term outlook is much stronger with the MACD donning a vivid buy signal on the four-hour chart. ADA price is also sitting above support provided by the 50-day EMA at $0.2506, although the 100-day EMA at $0.2544 might delay the run-up to $0.26 and subsequently $0.3.　　ADA/USD four-hour chart|

2023-09-16Industriya

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