Balita sa Industriya ng Crypto at Market Trends

Only Half the World See Crypto as a Plus for the Internet

crypto　　Kalahati lang ng Mundo ang Nakikita ang Crypto bilang Plus para sa Internet　　12 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　A new study by polling giant YouGov and Consensys found that only about half of respondents think crypto adds any value to the internet. Large numbers of people still associate crypto with scams, especially when offered online. The findings should worry an industry failing to make a case for broader adoption. 　　The scope of YouGovs poll is broad. The organization reached out to 15,158 individuals in 15 countries, aged 18 to 65. The nations included Argentina, Brazil, France, Germany, India, Indonesia, Japan, Mexico, Nigeria, South Africa, South Korea, The Philippines, UK, the US, and Vietnam.　　YouGov: Wealth Gap Shapes Perspectives on the Future of Money　　The study provides a valuable snapshot of ordinary peoples views, revealing a widespread concern about the digital reality of the modern internet. However, the majority have not yet linked its solutions with crypto or Web3.　　The findings reveal that over 92% are aware of crypto. However, when polled, only one-third “expressed beliefs in its potential as the future of money.” Only 31% believed it was the future of ownership.　　Moreover, large numbers of respondents saw negative aspects to cryptos easy

2023-06-28Industriya

Trader Predicts Surges for Litecoin (LTC), Cosmos (ATOM) and The Sandbox (SAND) – Here Are His Targets

Pananalapi　　Nanghuhula ang Trader ng Mga Pagtaas ng Litecoin (LTC), Cosmos (ATOM) at The Sandbox (SAND) – Narito ang Kanyang Mga Target　　11 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　A widely followed crypto trader thinks Litecoin (LTC), Cosmos (ATOM) and the Sandbox (SAND) are all gearing up for moves to the upside.　　The pseudonymous analyst Rekt Capital nagsasabi his 347,200 Twitter followers that the peer-to-peer payments network Litecoin is setting itself up for a new price phase.　　According to the trader, Litecoin could soon follow a path that propels LTC to as high as $110.　　Litecoin is trading at $87.25 at time of writing. The 12th-ranked crypto asset by market cap is down 1.29% in the past day.　　Rekt Capital is also bullish on Cosmos, an ecosystem of blockchains designed to scale and communicate with each other. According to the trader, ATOM could rise over 20% from current prices.　　ATOM is trading at $9.16 at time of writing. The 26th-ranked crypto asset by market cap is down nearly 4% in the past 24 hours.　　Bilang karagdagan, ang negosyante hinuhulaan the metaverse-focused altcoin The Sandbox could surge all the way up to the $0.638 range.　　SAND is trading at $0.425 at time of writing. The 53rd-ranked crypto asset by market

2023-06-28Industriya

XMR Price Shows a Massive Spike, Is it the Right Time to Buy?

Pananalapi　　Ang Presyo ng XMR ay Nagpapakita ng Napakalaking Pagtaas, Ito na ba ang Tamang Panahon para Bumili？　　8 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Monero (XMR) price chart shows a massive spike and a short covering move attaining strength. Moreover, this bounce led sellers to get trapped, back footed and cautious. The consecutive buying led by buyers showed that the mature investors initiated long buildup activity, and the price is near the immediate hurdle of $168, which, if surpassed, will head toward the next hurdle of $175 followed by $188, as shown on the charts.　　The ongoing price action shows that XMR is regaining shape and attaining fresh buying momentum, which showed the aggressiveness of bulls that led to the defeat of bears.　　Furthermore, XMR is sustaining above the 200-day EMA with substantial volume showing that buyers have attained a perfect pace and are holding their grip. Also, multiple resistance levels were broken and a golden crossover formed, favouring the bulls and indicating a further rally expansion.　　At the time of writing, XMR price is trading at $167.26 with an intraday gain of 1.92%. Moreover, the intraday trading volume noted an increase of 3.05% at $138.47 Million. Furthermore, the pair of XMR/BTC is at

2023-06-28Industriya

US Will Pay $660,000,000,000 in Interest on National Debt This Year, Says Fiscal Sustainability Nonprofit

Tech　　Magbabayad ang US ng $660,000,000,000 na Interes sa Pambansang Utang Ngayong Taon, Sabi ng Fiscal Sustainability Nonprofit　　6 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　A foundation created by billionaire Peter G. Peterson says rising interest rates will push the US governments interest payments to over half a trillion dollars this year.　　According to a recent Peterson Foundation report, the US government will make $6.4 trillion in total payments this year, $81 billion higher than the federal outlays recorded last year.　　The surge in payments could largely be attributed to the Federal Reserve‘s aggressive interest rate hikes over the past year. Prior to this month’s pause, the Fed has imposed 10 straight rate hikes in 14 months, driving its benchmark interest rate to 5.08% – a level not witnessed since 2007.　　The Peterson Foundation says the US government is expected to shell out an additional $187 billion this year just to pay off the interest of its ballooning debt.　　At time of writing, the US government‘s national debt stands at over $32.17 trillion. The country’s gross national debt is projected to ascend to almost $52 trillion within 10 years.

2023-06-28Industriya

Here Are The Important Events For Bitcoin To Keep An Eye On Going Into 2024

Bitcoin　　Here Are The Important Events For Bitcoin To Keep An Eye On Going Into 2024　　33 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　As 2024 draws near and anticipation around the next Bitcoin halving continues to grow, crypto investors have become increasingly bullish. However, the halving, while being perhaps the most important event for each bull market, is not the only major event for investors to keep an eye on. So here are other major events that could make or break the price of Bitcoin as the market heads toward perhaps what would be another record-breaking bull market.　　Important Events For Bitcoin Going Forward　　The Bitcoin ETF filing by trillion-dollar asset manager BlackRock has rocked the market to the core. The initial euphoria of the filing saw the market surge but as investors have settled back down, new events are on the horizon that could be defining moments for the price of the digital asset.　　Sa isang tweet na thread, the co-founder of Pear Protocol laid out a timeline for the BlackRock spot ETF filing as well as the important dates in this timeline. The first of these dates is June 28 which is when the iShares filing will be published on the Federal Register

2023-06-28Bitcoin

Ethereum Witnesses Selling Pressure At Higher Levels! Will ETH Price Be Able To Breach $2K?

Ethereum　　Ethereum Witnesses Selling Pressure At Higher Levels! Will ETH Price Be Able To Breach $2K？　　58 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　In recent weeks, Bitcoin‘s price has been able to break past the critical $30K resistance level, pushing several altcoins to remarkable bullish rally. However, ETH price failed to gain significant boost from BTC’s rally and continued to consolidate near the $1.9K region. Moreover, the rising ETH gas fees and scaling issues have been a hurdle to its upward price trajectory, causing investors to shift attention to other potential altcoins.　　ETH Holders Are Jumping Into Bitcoins Rally　　Both Bitcoin and Ethereum have been trading above their respective max pain points. This typically indicates a bullish market sentiment as the price of these assets exceed the level where option holders (both calls and puts) would experience maximum financial losses. However, despite this ostensibly favorable condition, Ethereum fails to trigger any promising surge compared to Bitcoin.　　The price weakness observed in Ethereum has prompted a significant number of market makers to continue offloading their ETH call options, suggesting a lack of confidence in Ethereums near-term price potential. This sell-off in ETH call options is contributing to the overall selling pressure Ethereum is currently facing.　　Additionally, the

2023-06-28Ethereum

Hinman ETH Analysis Reshaping the XRP Case: Judge Torres’ Approach and Implications

Ethereum　　Pagsusuri ng Hinman ETH na Muling Hugis sa Kaso ng XRP: Diskarte at Implikasyon ni Judge Torres　　4 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The post Hinman ETH Analysis Reshaping the XRP Case: Judge Torres Approach and Implications appeared first on Coinpedia Fintech News　　The intriguing complexities of the ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs have captured the attention of the global crypto sphere. In recent discussions on social media, commentators have considered the possible impact of former SEC director Bill Hinmans approach to Ethereum on the Ripple case.　　Ripple Case Mired in Intrigue and Speculation　　A blockchain specialist going by the moniker ‘Mr. Huber’ tumugon to a tweet questioning the relevance of Hinmans viewpoint on Ethereum to the evidence stacked against Ripple. Mr. Huber outlined two potential scenarios:　　Firstly, if Judge Analisa Torres concludes that Hinman legally exempted Ethereum from being classified as a security, then it‘s likely that the same logic would be applied to Ripple’s XRP. Intriguingly, Hinmans Ethereum analysis did not factor in the scale or transparency of the holdings, which could mean XRP was not marketed as security and thus incurs no penalties.　　The second scenario considers that if Judge Torres deems that

2023-06-27Ethereum

What Is Ethereum Difficulty Bomb?

Ethereum　　What Is Ethereum Difficulty Bomb？　　23 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Vitalik Buterin, a Russian-Canadian programmer, is best known for being the founder of the Ethereum difficulty bomb blockchain. Buterin created Ethereum as a decentralized global computer that could be used for everyday transactions using blockchain technology. He was inspired by the Bitcoin network, but he saw its limitations, which led him to create Ethereum. Buterin built the Ethereum blockchain with a ticking time explosive called the Ethereum Difficulty Bomb, which was designed to incentivize Ethereum core developers to push through to the Merge, a significant milestone in Ethereums development.　　The Ethereum Difficulty Bomb was an internal mechanism that aimed to encourage ETH core developers to develop new technology from scratch to advance to the next stage in the roadmap to building a supercomputer. The Merge is where Ethereum finally progressed from a proof of work (POW) consensus mechanism to proof of stake (POS), which was a significant step forward for the platform. The Ethereum Difficulty Bomb played a crucial role in this development, as it helped to incentivize developers to work hard and push through to the Merge.　　While the Ethereum Difficulty Bomb was an essential mechanism for Ethereums development, it

2023-06-27Ethereum

Ethereum non-exchange addresses thrive as bulls and bears clash at $1,900

Ethereum　　Ethereum non-exchange addresses thrive as bulls and bears clash at $1,900　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　With the struggle between bulls and bears continuing in the wider cryptocurrency sector, Ethereum (ETH) has been no exception as it tries to overcome the psychologically critical threshold at $1,900 while its richest non-exchange holders have been hoarding.　　Indeed, the largest addresses that are not on any crypto exchanges have continued getting richer with their Ethereum holdings, while the top exchange addresses are at their record low holdings, or near genesis levels, according to the data Nagbahagi by blockchain and crypto analytics platform sa Hunyo 26.　　Specifically, the top 10 non-exchange addresses hold 33.47 million ETH as of late June 2023, which represents the largest supply held by these crypto wallets of all time. Meanwhile, Ethereums top 10 exchange addresses hold 6.78 ETH, the smallest amount since September 2015, equaling only 9.2%.　　Pagsusuri ng presyo ng Ethereum　　Meanwhile, Ethereum was at press time trading at the price of $1,874.88, recording a decline of 0.98% on the day but still holding on to the moderate weekly gains of 8.41% and a modest increase of 1.41% on its monthly chart, as per the latest data retrieved on June 27.　　It

2023-06-27Ethereum

Ethereum Needs to Breach This Supply Wall For Further Rally

Ethereum　　Kailangang Labagin ng Ethereum ang Supply Wall na Ito Para sa Karagdagang Rally　　4 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The worlds second-largest cryptocurrency Ethereum (ETH) has been flirting around $1,850 levels after some gains last week. The ETH price along with Bitcoin and other altcoins has remained steady over the last two days with investors eyeing the next upswing.　　However, for the Ether (ETH) price to rally forward, it must first break through a supply wall just above $2,000. Citing data from IntoTheBlock, popular crypto analyst Ali Martinez iniulat:　　Kagandahang-loob: Sa TheBlockEthereum Non-Exchange Addresses Accumulate　　As we can see the Ethereum (ETH) price volatility has been strong around $1,900 levels with the bulls and bears engaged in an intensified battle. On the other hand, ETH supply on the exchanges has been dropping while non-exchange addresses continue to accumulate hard. On-chain data provider Santiment reports:　　Ethereum　　Courtesy: Santiment　　While the Ethereum (ETH) price has been heading lower currently, this could be a golden opportunity to buy the dips at this point, as per the technical setup.　　On Monday, June 26, crypto journalist WuBlockchain iniulat: “The largest short seller on GMX used 6.6x leverage to short ETH at the entry price of $1,703.97, and has lost nearly 70% of

2023-06-27Ethereum

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