Bitcoin Price Is Primed For Rally And Only 1 Thing is Holding it Back

Bitcoin  Bitcoin Price Is Primed For Rally And Only 1 Thing is Holding it Back  Balita ng Ethereum ng Bitcoin  Ang Bitcoin ay nagpapakita ng ilang positibong senyales sa itaas ng $26,200 na antas.  Ang presyo ay nakikipagkalakalan sa itaas ng $26,000 at ang 100 oras-oras na Simple moving average.  Mayroong isang pagkonekta sa bullish line line na bumubuo sa suporta na malapit sa $ 26,050 sa oras-oras na tsart ng pares ng BTC / USD (feed ng data mula sa Kraken).  The pair could start a fresh rally if there is a close above $26,500 and then a move above $27,000.  Presyo ng Bitcoin Upside Break  Bitcoin price remained well-bid above the $25,500 support zone. BTC formed a base and recently started a fresh increase above the $26,000 resistance zone.  There was a sharp spike above the $26,500 resistance zone. However, there was no close above the $26,500 resistance zone. The price traded as high as $27,212 and there was a nasty bearish reaction. The price reversed its gains and traded below the $26,650 level.  There was a move below the 23.6% Fib retracement level of the upward move from the $24,925 swing low to the $27,212 high. Bitcoin is now trading above $26,000 and the 100 hourly Simple

2023-09-14Bitcoin

Ethereum: Bulls and bears tussle as ETH prices touch $1600

Ethereum  Ethereum: Bulls and bears tussle as ETH prices touch $1600  Balita ng Ethereum ng Bitcoin  contributor  Disclaimer: Ang impormasyong ipinakita ay hindi bumubuo sa pananalapi, pamumuhunan, pangangalakal, o iba pang uri ng payo at opinyon lamang ng manunulat.  Ethereums [ETH] attempt at a bullish uptick after the bearish break was swiftly curtailed at the $1,619 resistance level. Previously ETH had ranged between the $1,619 and $1,718 price levels over a month-long period.  Realistic or not, here‘s ETH’s market cap in BTC terms  If Bitcoin [BTC] continues to move sideways between $25.7k and $28.4k, ETH could mirror the king coins price action with a range of its own between $1,550 and $1,619.  Bullish resolve at $1,619 succumbed to price volatility  Pinagmulan: ETH/USDT sa Trading View  The hack of Vitalik Buterins (co-founder of Ethereum) X account on 10 September ushered in a wave of panic selling of ETH. This gave sellers the necessary impulse to break the bullish defense of the $1,619 support level.  Despite the 6% drop, bulls quickly rallied at the $1,550 support level and touched the new resistance level of $1,619 within 24 hours. However, the price action on the 12-hour timeframe showed a bearish rejection at the level.  The Relative Strength Index (RSI) highlighted the bullish recovery with a

2023-09-14Ethereum

Ang bangko sentral ng Singapore ay nagpapataw ng 9 na taong pagbabawal sa mga tagapagtatag ng Three Arrows

Singapore‘s central bank, the Monetary Authority of Singapore (MAS), has imposed nine-year prohibition orders on Kyle Davies and Zhu Su, co-founders of the crypto hedge fund Three Arrows Capital (3AC). The prohibition orders come in response to alleged violations of the country’s securities laws by the duo and their now-bankrupt fund.  The prohibition orders, which took effect on September 13, prohibit Davies and Su from engaging in regulated activities in Singapore. Additionally, they are barred from managing, serving as directors, or holding substantial shares in any capital market services business within the country.  MASs decision to bar Davies and Su follows a thorough investigation into 3AC and its co-founders. During the investigation, MAS uncovered several securities law violations attributed to Su and Davies. Among these violations, the co-founders allegedly failed to notify the central bank when 3AC appointed a new business representative. They also provided false information to regulators and lacked an appropriate risk management framework.  Loo Siew Yee, the assistant managing director of policy, payments, and financial crime at MAS, expressed the regulatory body‘s serious concern regarding the actions of Su and Davies. She stated, “MAS takes a serious view of Mr. Zhu’s and Mr. Davies‘ flagrant disregard of MAS’ regulatory requirements

2023-09-14Industriya

Balita sa XRP Lawsuit: Paano Nakakatulong ang Pagsasalita ni Bill Hinman sa Ripple Executives na sina Chris Larsen at Brad Garlinghouse?

Pro-XRP lawyer John Deaton recently appeared on The Clinton Donnelly Show and shed light on the significance of Bill Hinmans speech in June 2018. In this landmark speech, Hinman, who was the director of Corporation Finance at the SEC, declared that Ethereum was not a security. This statement provided much-needed regulatory clarity for Ethereum and the cryptocurrency market as a whole.  Deaton highlighted that while the controversy surrounding Bill Hinman‘s Ethereum speech did not directly influence the judge’s decision in the Ripple case, it significantly affected the trial involving Ripples executives, Brad Garlinghouse and Chris Larsen.  “It didn‘t affect the judge’s decision but it will affect the trial of Brad Garlinghouse and Chris Larsen because the SEC must attempt, which they can‘t do, prove that they were reckless in not knowing that XRP is a security. But the judge, she did something very simple, and it’s a very great decision, it‘s a really good decision, it’s a sound decision.”  The SEC must demonstrate that the defendants were reckless in not recognizing XRP as a security. The existence of conflicting opinions and potential bias within the SEC, as revealed by the Hinman documents, will likely play a pivotal role in this aspect of the

2023-09-14Industriya

Pagtataya ng Presyo ng VRSK: Patuloy bang Tataas ang Presyo (NASDAQ: VRSK)?

The VRSK Inc. stocks ex-dividend date of September 14th is near, the amount to be paid will be $0.34 on September 29th, 2023. As seen in the previous sessions, the stock has reacted either by selling off or by buying heavily on dividends. The VRSK stock has been stable since the last earnings report, but a reaction is likely to happen soon. Based on the previous dividend on June 14th, 2023, a strong buying demand could drive the prices higher.  VRSK stock has been rising since November 2022 before the beginning of 2023, and has shown buyer accumulation with buyers piling up. Verisk Analyticsstock price was at $244.52 with an intraday decrease of 0.20%. Moreover, the intraday trading volume of VRSK is 742.629 K lower than the 10-day aggregate volume of 756.038 K.  Based on recent data, the revenue of the period ending June 2023 was $675 Million with a net income of 196.90 Million. Moreover, the Verisk Analytics stock estimated EPS was 1.41, and the reported EPS was 1.51 which gave a positive surprise of 7.08%. Moreover, the forecasted EPS for the next quarter is positive at 1.47.  Technical Analysis of VRSK Stock Price in 1-D Timeframe  The price action shows that Verisk

2023-09-14Industriya

Nakikipagsosyo ang Horizen kay Tatum para pasimplehin ang pagbuo ng dapp sa EON

Horizen, a platform focusing on scalability and interoperability, has partnered with Tatum to ease dapp development on EON.  Horizen joins hands with Tatum  Horizens partnership with Tatum, a platform that simplifies blockchain development, enhances EON by simplifying application development.  The deal focuses on JavaScript capabilities, RPC nodes, and blockchain data retrieval via API, making it easier for developers to integrate blockchain features into their applications using Tatums tools.  The partnership aims to simplify the development of blockchain technology by reducing technical complexities. Tatums expertise in streamlining blockchain operations can benefit the EON chain.  Tatum provides developers with various features, including the option to activate its JavaScript SDK. This tool streamlines app development by offering user-friendly tools and frameworks for incorporating blockchain functionality.  Developers can also use Tatum‘s cross-chain interaction support, allowing dapps to communicate with other blockchains like Ethereum, BNB Chain, and Polygon. With EON’s introduction to Tatums structure, developers can build and launch an RPC Node reliably and cost-effectively.  The Blockchain Data Retrieval through API feature provides developers on EON access to necessary blockchain data such as token balance inquiry, transaction monitoring, and interoperability.  Horizen pursues scalability, inclusion, and interoperability  Rob Viglione, the co-founder of Horizen and CEO of Horizen Labs, said:  “This collaboration with Tatum is a monumental

2023-09-14Industriya

ETH Price Stable Ahead of the US CPI Data Release

Based on the Supertrend indicator and the Moving Average Convergence Divergence (MACD), the path with the least resistance will stay to the upside. The former is now trailing ETH price while the MACD has confirmed a buy signal.  For some traders, profit-booking could start at $1,600, but those looking forward to the uptrend confirmation above this level may want to wait until the Ethereum live price soars above $1,700.  Highly bullish investors could keep their positions intact until Ethereum clocks $1,800 or $2,000 before closing their positions. Keep in mind that the SEC could greenlight futures-based ETH ETF in September or October – a development that could trigger a buying spree among investors and a substantial rally.

2023-09-14Ethereum

Inilunsad ng Ancient8 ang isang WEB3 Gaming Layer 2 Chain sa Ethereum

Today marks a significant milestone for Ancient8 as the Ancient8 Chain, a gaming-focused community-driven Ethereum Layer 2 built to onboard the next 100 million Web3 citizens is finally launched.  Ancient8s journey is fueled by the spirit of innovation and unity. The team chose the Optimism Superchain as their leading tech stack to make Ethereum gaming accessible to everyone.  The company offers a comprehensive suite of products that serve game studios, providing seamless access to launch, onboard, localize, market, and engage. Ancient8s chain is led by the parent company Ancient8 Collective, which comprises the entire core gaming partners. Together, the group fosters a decentralized community outlook that builds an inclusive ecosystem that empowers all.  A Momentous Leap: Gaming Guild to Layer 2 Ecosystem  In 2021, Ancient8 began a mission as a Gaming Guild to introduce users to Web3 through gaming. It partnered with over 100 games to assist 200,000+ gamers in navigating Web3.  During the rigorous work with dozens of partners and gamers, the team encountered the same challenges in Web3 gaming – most blockchains fall short in providing the tech, tools, and community needed for gaming. Games need a blockchain that can deliver seamless, high-performance gaming experiences that players and developers deserve.  Thus, Ancient8 is launching

2023-09-14Industriya

Nagra-rally ang Tradecurve Markets, ang mga namumuhunan ng Uniswap at Cosmos ay naghahanap ng kanlungan

Tech  Nagra-rally ang Tradecurve Markets, ang mga namumuhunan ng Uniswap at Cosmos ay naghahanap ng kanlungan  23 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Tradecurve Markets is showing strong and steady growth in the ongoing presale, drawing the interest of Uniswap (UNI) and Cosmos (ATOM) investors.  Tradecurve Markets presale and price forecasts  The project has sold over 100 million tokens in stage four of the presale. In stage 5, Tradecurve Markets has sold more than 35 million TCRV as momentum picks up.  Tradecurve Markets is building an inclusive trading platform where everyone can trade diverse instruments, including cryptocurrencies, equities, forex, and commodities.  New users can register using a working email address before depositing coins.  The trading platform has several tools, including incorporating AI-powered trading bots and copy trading mechanisms.  In stage 5 of the presale, TCRV is available for $0.025, and early adopters have a 30% deposit bonus.  Analysts are bullish on TCRV, banking on adoption as a critical factor.  Uniswap falling  Uniswaps price initially rallied after listing on multiple exchanges, including Binance, before falling to spot rates.  While Uniswap is useful, traders often face high gas fees when using the platform, leading to calls for improved scalability.  Considering the sharp drop in UNI prices over the months, some investors are exploring alternatives, including

2023-09-14Industriya

Curve (CRV) Price at Risk Amid Founders Unusual Transactions

Tech  Curve (CRV) Presyo sa Panganib sa gitna ng Mga Hindi Pangkaraniwang Transaksyon ng Tagapagtatag  6 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Curve (CRV) price dropped to a 3-year low of $0.39 on September 13, as markets reacted to unusual transactions from a wallet address associated with founder Michael Egorov. Reports suggest an inflow of 609,000 CRV into Binance could be connected to Egorovs $100 million debt.   Curve (CRV) is the native token of the CurveDAO, an integral part of the DeFi ecosystem responsible for issuing the CrvUSD stablecoin. A controversial $50 million Curve Finance Exploit in July 2023 had raised concerns about the founders $117 million loans. Is the Curve ecosystem at risk of another black swan DeFi liquidation event?  Curve Finance (CRV) Price at Risk: Unusual Transactions Linked to Founder.  CRV price appears at risk as PeckShieldAlert, a blockchain malware and security investigation firm, revealed unusual on-chain transactions from wallet addresses linked to founder Michael Egorov.  $CRV has tanked below $0.4. Michs #OTC counterparty, address 0xb0b8, who received 2.5M $CRV ~43 days ago (supposedly locked for 6 months), has now transferred 609K $CRV to #Binance.  Peckshield  Curve Finance (CRV) Price at Risk | Founder Micheal Egorov transactions Sept 13, 2023 | Source: Peckshield  This marks the

2023-09-14Industriya
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