Understanding Miner Capitulation and Its Implications

Pananalapi  Understanding Miner Capitulation and Its Implications  5 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  In Bitcoin mining, the term “miner capitulation” refers to miners shutting down operations due to sustained unprofitability. It typically happens during prolonged bear markets when the price of Bitcoin drops below the cost of mining. With Bitcoin recently falling below $20k, miner capitulation has become a growing concern. But is this actually a problem for the network?  Miner Capitulation: Implications for Bitcoins Stability and Market Dynamics  On the one hand, widespread miner capitulation could threaten the stability and security of the Bitcoin network in the short term. Bitcoin mining is an energy-intensive, hardware-driven business with tight margins. Miners need to cover not just energy costs but equipment, maintenance, and human resources. If revenue from mining consistently falls below these costs, miners will eventually capitulate by turning off machines and halting operations.  If a significant portion of the global Bitcoin mining power goes offline, it reduces the overall hash rate securing the network. This opens the door to potential attacks on the network and compromises the integrity of the Bitcoin ledger. However, the network hash rate has held up relatively well, suggesting that capitulation remains limited.  Yet proponents argue miner capitulation is a

2023-08-07Industriya

Michael Saylors Plan to Sell Additional Equity for Bitcoin Investment Proves Ultra Bullish For BTC ⋆ ZyCrypto

Bitcoin  Michael Saylors Plan to Sell Additional Equity for Bitcoin Investment Proves Ultra Bullish For BTC ⋆ ZyCrypto  49 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Late Tuesday, software developer MicroStrategy filed a prospectus supplement stating intentions to sell up to $750 million worth of stock with the intention to buy more Bitcoin, among other things.  Michael Saylor, the Executive Chairman of MicroStrategy, has been a very vocal proponent of Bitcoin, steadily increasing the companys Bitcoin holdings regardless of market conditions. Saylor firmly believes as more and more people understand the promise of BTC, the price is set to skyrocket. He has made claims in the past of Bitcoin reaching 1 million US dollars per Bitcoin. He believes that all financial value worldwide would be eventually stored in Bitcoin.  MicroStrategy released its Q.2 report on the same day as the filing, revealing significant developments in its Bitcoin holdings. During the quarter, the company acquired 12,800 bitcoins at an average price of $28,233 per bitcoin, totalling $361.4 million. As of July 31, 2023, their total bitcoin holdings reached 152,800 bitcoins, acquired for a total cost of $4.53 billion, with an average price of $29,672 per bitcoin.  Despite a 1% year-over-year decrease in Total Revenues, which amounted to

2023-08-07Bitcoin

The Stock Market’s Rally Paused. It’s Time to Buy the Dip.

Pananalapi  The Stock Market‘s Rally Paused. It’s Time to Buy the Dip.  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ang St sinisi ng ilan ang pag-downgrade ni Fitch ng US credit rating sa AA+ mula sa AAA, mas malamang na kumbinasyon ito ng napakalaking pagpapalabas—sinabi ng Treasury na plano nitong maglabas ng mas maraming utang kaysa sa inaasahan—at solidong data ng ekonomiya na nagpilit sa mga kalahok sa merkado na muling isaalang-alang ang kanilang paglago mga target. Ang mas mataas na ani ay nagpapababa ng halaga ng mga stock, lahat ng iba ay pantay. Hanggat hindi sila masyadong tumataas, gayunpaman, maaari itong magpakita ng pagkakataon sa pagbili.  Iyan ay totoo lalo na habang ang mga merkado ay umaasa sa 2024. Ilang 61 kumpanya ng S&P 500 na nag-ulat ng mga kita sa ikalawang quarter ay nagtaas ng gabay sa kita noong Martes, habang 23 ang nagbawas ng mga pananaw, ayon kay Wells Fargo. Iyon ang dahilan kung bakit inaasahan ng mga analyst na lalago ang mga benta at kita sa susunod na taon.  “Ang merkado ay tumitingin sa 2024,” sabi ni Doug Bycoff, punong opisyal ng pamumuhunan ng Bycoff Group. “Kung makakakuha tayo ng 5% na pullback, maghihintay tayo na sumalpok.”

2023-08-07Industriya

A beginners guide to using Orca on Solana

Pananalapi  Gabay ng baguhan sa paggamit ng Orca sa Solana  12 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Orca is a leading decentralized exchange (DEX) built on the Solana blockchain. With its fast speed and low fees, Orca makes it easy for beginners to start swapping tokens and providing liquidity on Solana.  Getting started with trading on Orca  The Orca platform offers a straightforward user interface that hides much of the complexity behind Solana transactions. Heres how to get familiar with Solana Orca.  First, youll need a Solana wallet. Compatible options include Phantom, Solflare, and Slope. Install the wallet extension on your browser. Then fund it with SOL by purchasing from an exchange or transferring from another wallet.  Head to the app.orca.so and connect your Solana wallet. Make sure you are on a legitimate site to avoid phishing risks.  On Orca, you can instantly trade between different Solana tokens. Simply choose the tokens you want to trade from the dropping menus. Enter the amount you wish to trade. Orca will calculate the estimated slippage and rate.  Double-check the exchange rate and hit the Trade button. Approve the transaction in your connected wallet and wait a few seconds for the swap to complete on Solana.  Start small when first using Orca,

2023-08-07Industriya

Makakabawi ba ang Curve Dao Mula sa Mga Hack?

Pananalapi  Makakabawi ba ang Curve Dao Mula sa Mga Hack?  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Sinamantala ng isang hacker ang isang depekto sa Curve DAO, isang platform na nagpapahintulot sa mga user na magpahiram at humiram ng mga cryptocurrencies, at nagnakaw ng $62 Million noong Hulyo 30, 2023 na nag-trigger ng panic sa mga user. Ang halaga ng online money market ng $1.5 Billion. Nag-alok ang Curve DAO ng 10% bounty sa hacker para ibalik ang mga pondo bago ang Agosto 6 o humarap sa legal na aksyon.  Ang Aave DAO, isa pang platform na gumagana sa Curve DAO, ay nagmungkahi na bumili ng mga token ng CRV, ang katutubong currency ng Curve DAO, upang suportahan ang pagkatubig at kapangyarihan nito sa pagboto. Parehong sinusubukan ng Curve DAO at Aave DAO na makabawi mula sa pag-atake at pagbutihin ang kanilang posisyon sa espasyo ng DeFi.  Teknikal na Pagsusuri ng CRV Crypto Sa Isang Araw na Takdang Panahon  Pinagmulan: CRV/US DOLLAR ng TradingView  Ang presyo ng CRV ay mas mababa sa 50 at 200 SMA na may bearish crossover na nagpapakita ng epekto ng mga bear sa merkado. Kung magpapatuloy ang mga bear na hilahin ang market pababa, maaaring mas bumagsak ang CRV at mapunta

2023-08-07Industriya

FC Barcelona Make Bids For Manchester City Stars Silva And Cancelo

Pananalapi  FC Barcelona Make Bids For Manchester City Stars Silva And Cancelo  6 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  FC Barcelona have launched a joint bid for Bernardo Silva and Joao Cancelo  FC Barcelona have launched a joint bid for Manchester City stars Bernardo Silva and Joao Cancelo according to .  The Catalan daily newspaper reports that Barca sent City an offer to take the Portuguese players on loan with an obligation to buy.  In Silvas case, Barca propose paying €70 million ($77.1 million) for him at the end of the upcoming 2023/2024 season, when he would have just over 12 months to run on his contract at the Eithad.  Susunod ang ulat explained that Barca were preparing a package of €65 million ($71.7 million) in fixed money for Silva plus €10 million ($11 million) in variables.  Just before that, Fabrizio Romano nagsiwalat that the La Liga champions had already agreed personal terms with Cancelo, who has recently completed a temporary assignment at Bayern Munich after falling out with City boss Pep Guardiola.  On Friday, at a pre-match press conference ahead of the Mancunians‘ Community Shield clash with Arsenal, Guardiola seemed to open the door to Barca pursuing Silva but also made it clear that an adequate proposal

2023-08-07Industriya

Pagpopondo ng Crypto: Desentralisasyon, privacy sa unahan ng isang $17M na linggo

A handful of crypto startups announced fundraises of $17.4 million this week, with some venture capital and grant program activity sprinkled in the mix.  Nomura was key in the $6 million raise by on-chain fund platform Solv Protocol. The Japanese banking giant‘s crypto arm Laser Digital — a firm that scored a Dubai crypto license this week — participated in Solv’s round along with UOB Venture Management, Mirana Ventures, Emirates Consortium, Matrix Partners and others.  Solv v3 is a decentralized liquidity infrastructure that enables organizations to raise money through the creation of financial instruments. People are incentivized to kick in money with the opportunity to profit on higher yields.  Solv v3 has over $160 million in assets under management across 66 fund pools, according to the Solv website.  Payment ramps, zero-knowledge tech  Fiat and crypto payments platform Orbital secured 5 million Australian dollars (roughly $6.35 million) in its first institutional capital raise. The venture round was led by Golden Record Ventures with participation from New Form Capital, GSRV, Psalion and Luminous Futures.  Orbital chiefly serves businesses and operates as a fiat off-ramp for crypto payments from its customers. Its products also “integrate stablecoins, as well as other major cryptocurrencies and traditional currencies, into existing payment flows,”

2023-08-07Industriya

Why is Ethereums Co-founder Buterin Concerned About Worldcoin?

Ethereum  Why is Ethereums Co-founder Buterin Concerned About Worldcoin?  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The introduction of Worldcoin to create a globally-inclusive identity and financial network stirred the crypto landscape. The digital asset assures high levels of privacy and verification using the concept of World ID, a digital passport, that offers more secure, faster, and low-cost services. Vitalik Buterin, Ethereum‘s co-founder, expressed his concern over the newly launched digital asset’s authentication system, called Proof of Personhood (PoP).  What Sparked Responses From Vitalik?   Sam Altman, the chief of OpenAI introduced a new crypto project, Worldcoin, in the market. It offers a high level of security, accessibility, and centralization using the PoP mechanism. The entry of the project totally thrilled the crypto market and forced Vitalik Buterin to speak up about his views on Worldcoin. “The authentication system of Worldcoin faces issues related to accessibility, privacy, security, and centralization”, stated Buterin. According to him, the verification system requires iris scanning which potentially releases more information than we suppose.  Worldcoin, on the other hand, claims that the authentication process does not store any personal information of the users, and iris scanning using Orb is enough. The simple purpose is to eliminate fraud activities by verifying

2023-08-06Ethereum

Maaaring Makakuha ng DOGE sa BTC sa Paparating na Ilang Araw, Hulaan ng Analyst

Bitcoin  Maaaring Makakuha ng DOGE sa BTC sa Paparating na Ilang Araw, Hulaan ng Analyst  Balita ng Ethereum ng Bitcoin  KALEO predicted in a tweet today that DOGE may strengthen against BTC in the next few days.  At press time, DOGE was up 2.74% against the leading cryptocurrency.  A symmetrical triangle had formed on the daily chart for DOGE/BTC, which suggested that a breakout may soon take place.  The trader and analyst KALEO revealed in a tweet earlier today that the trading pair for Dogecoin (DOGE) and Bitcoin (BTC) is starting to move again. In the post, he predicted that DOGE may strengthen against the market leader in the coming few days.  Meanwhile, at press time, the meme coin was up 2.54% over the past 24 hours according to CoinMarketCap. On the other hand, BTC was down 0.37%. As a result, the largest meme coin was trading at $0.07609 and BTCs price stood at $29,039.63.  This meant that DOGE had already started strengthening against BTC by 2.74% over the past 24 hours. Subsequently, 1 DOGE was worth 0.000002621 BTC at press time.  Pang-araw-araw na tsart para sa DOGE/BTC (Source: TradingView)  Looking at the daily chart for BOGE/BTC, a symmetrical triangle had formed on the chart. This pattern suggested that DOGE

2023-08-06Bitcoin

One Catalyst Could Trigger Ethereum To Plunge 50%+ Against Bitcoin, Says Top Crypto Analyst Benjamin Cowen

Bitcoin crypto Ethereum  One Catalyst Could Trigger Ethereum To Plunge 50%+ Against Bitcoin, Says Top Crypto Analyst Benjamin Cowen  25 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Widely followed crypto analyst Benjamin Cowen says that one event could cause Ethereum (ETH) to plummet relative to Bitcoin (BTC).  In a new interview with Crypto Banter host Ran Neuner, Cowen says that the ETH/BTC pair could drop by more than 50% from its current value of 0.063 BTC, worth $1,828.  Cowen believes that the ETH/BTC pair is likely printing a bearish double-top pattern on the monthly chart, suggesting that holders are using any rally to trade their ETH into BTC.  Pinagmulan: Benjamin Cowen/Twitter  He highlights that historically, the ETH/BTC pair generally declines during the months of June through December, and he predicts a decline to as low as 0.03 BTC ($871), an over 52% decrease from its current value.  According to Cowen, the catalyst for the 52% ETH/BTC decline could be a stock market retracement.

2023-08-05Ethereum
1
...
352354
...
1000