Balita sa Industriya ng Crypto at Market Trends

Ang Wall Street Giants Goldman Sachs, Citadel Securities ay Gusto Na Ng Isang Piraso Ng Bitcoin ETF Cake ⋆ ZyCrypto

Ang Wall Street Giants Goldman Sachs, Citadel Securities ay Gusto Na Ng Isang Piraso Ng Bitcoin ETF Cake　　Global asset behemoth BlackRock has added four major U.S. banks as authorized participants (APs) to the iShares Bitcoin Trust (IBIT) as the fund continues to attract billions of dollars from traditional retail and institutional investors.　　New members include Goldman Sachs, a Wall Street powerhouse with a history of trashing cryptocurrencies for years.　　BlackRock Adds Wall Street Giants Goldman Sachs, Citigroup To Its Bitcoin ETF　　BlackRock has added five big Wall Street firms as partners for its spot Bitcoin ETF.　　According to a prospectus filed with the U.S. Securities and Exchange Commission on April 5, BlackRock named Citadel Securities, Goldman Sachs, UBS, Citigroup, and clearing house ABN AMRO as “authorized participants” for its iShares Bitcoin Trust (IBIT).　　Authorized participants are a key part of the ETF operational mechanism, creating and redeeming shares of the fund to keep the price of IBIT in sync with that of Bitcoin (BTC). They join previously authorized participants Jane Street Capital, JP Morgan, Macquarie Capital, and Virtu Americas, which were named a day before the ETF went live.　　According to Bloombergs senior ETF analyst Eric Balchunas, the new additions magmungkahi that “big-time firms now want

2024-04-07Industriya

Paano Mo Ginagawa ang $1 sa $100 sa Crypto? Mamuhunan sa Shiba Inu (SHIB), Bonk (BONK), at Retik Finance (RETIK), Say Experts

Paano Mo Ginagawa ang $1 sa $100 sa Crypto？ Mamuhunan sa Shiba Inu (SHIB), Bonk (BONK), at Retik Finance (RETIK), Say Experts　　Opportunities abound for those seeking substantial returns on even modest initial investments in the fast-paced world of cryptocurrency investment. With the right strategy and insights, turning a mere $1 into $100 is not just a possibility but a tangible goal. Experts suggest that one promising route to achieving this feat lies in investing in three specific cryptocurrencies: Shiba Inu (SHIB), Bonk (BONK), and Retik Finance (RETIK).　　Shiba Inu (SHIB): The Dogecoin Killers Meteoric Rise　　Shiba Inu, often referred to as the “Dogecoin Killer,” has emerged as a prominent player in the cryptocurrency landscape, captivating investors with its remarkable ascent. Despite initial skepticism, SHIB has defied expectations, experiencing a meteoric rise in recent times. The token‘s market status reflects a substantial increase, with significant momentum driving its price upwards. In the last 24 hours alone, SHIB has recorded a staggering 6.33% change, underscoring its resilience amidst market fluctuations. Over the past 30 days, SHIB’s price has soared by over 188.87%, reaching a two-year high. From a technical perspective, SHIBs price trajectory exhibits a bullish setup, supported by sustained upward momentum and breaches

2024-04-07Industriya

BREAKING: Inanunsyo ng Jury ang Hatol Nito sa Terra-SEC Case! Nararanasan ang Mainit na Sandali

Do Kwon and Terraform Labs were found liable for fraud in a securities lawsuit.　　Before the verdict was announced, the jury was deliberating whether Kwon and his company were liable for allegedly misleading investors about the stability of Terra USD (UST) and its integration with a Korean mobile payment app.　　The SEC began its closing argument by explaining to the jury why they should find Do Kwon and Terra responsible for defrauding investors. They argued that there were significant omissions in what Terra told investors about Chai and USTs algorithm.　　Using the metaphor of selling someone a car whose brakes don‘t work, the SEC implied that it doesn’t matter if the seat belts or airbags (Anchor or Terra) work if the UST (brakes) dont work.　　The SEC reiterated that Do Kwon specifically told his communications manager not to disclose his market-making role in Jumps 2021 reregulation. “You have all the tools you need to find defendants liable for securities fraud,” the SEC concluded.　　The defense began its closing arguments around 6 p.m. and similarly continued for more than an hour. They denied the SECs allegations. The defense also accused the SEC of taking the statements out of context and omitting context. They concluded their defense

2024-04-07Industriya

2 cryptocurrencies upang maabot ang $100 bilyon na market cap sa Abril

2 cryptocurrencies upang maabot ang $100 bilyon na market cap sa Abril　　April is a pivotal month for the cryptocurrency market, with the Bitcoin (BTC) halving event anticipated to trigger bullish trends extending to the broader sector. As the month progresses, a long-term prevailing bullish sentiment permeates the industry, with multiple digital assets showing potential for sustained buying pressure that could impact their market capitalization.　　Notably, some assets are nearing the $100 billion market cap threshold and are poised for potential rallies. Therefore, Finbold has identified two cryptocurrencies likely to surpass that mark.　　These assets are already approaching the threshold, and their trajectory will depend on factors such as the continuation of the bull run and supply inflation.　　BNB　　BNB, the native token of Binance, has the potential to reach a $100 billion market cap, hinging on the exchange‘s growth, which could drive increased demand for BNB and subsequent buying pressure. Besides being the native token of the world’s largest cryptocurrency exchange, several factors could potentially propel BNB to $100 billion.　　For instance, BNBs burning mechanism, where Binance periodically buys back and burns tokens, may contribute to its value appreciation and market cap growth by reducing the overall supply.　　Additionally, activity within the BNB Chain ecosystem can

2024-04-07Industriya

Ahead Of The Curve: Ang $NFTFN ay Nilalayon na Mas Mataas kaysa PEPE At BOME, Sabi nga ng Mga Maagang Nagtataguyod

The cryptocurrency market is currently beaming with bullish momentum and an overall positive sentiment. With many speculating a bull season over the horizon, memecoins like Pepe (PEPE) and BOOK OF MEME (BOME) have emerged as top contenders offering significant growth prospects thanks to the hype surrounding meme culture.　　An early stage token has been drawing attention away from BOME and PEPE, boasting unique selling propositions and a strong foundation. NFTFN, a leader in the web3 fintech sector, has taken the crypto market by storm. Early backers of this project say that NFTFN is well-positioned to outperform memecoins like BOME and PEPE.　　Riding The Meme Wave With BOME & PEPE　　As the fourth largest memecoin in the crypto market, PEPE has carved a niche for itself in the highly competitive memecoin space. This has largely been due to its “Pepe The Frog” mascot, which sets it apart from the various dog-themed memecoins. PEPEs passionate online community is a key driver of its growth. Despite facing some volatility over the past month, crypto pundits believe that PEPE has the potential to grow considerably in the coming months.　　BOME is one of the most popular that has emerged from the Solana ecosystem, joining the ranks of Dogwifhat

2024-04-07Industriya

We analyzed the root cause

Anza Network is set to roll out updates to fix the recent congestion issues on the Solana blockchain.　　“The short version is: significant progress has been made to overcome the current congestion challenges, and we expect to begin releasing fixes next week,” the Solana-focused software development firm confirmed. “In collaboration with other core contributors, we have analyzed the root cause, and evaluated several potential changes.”　　The latest development comes in the wake of Solana network congestion incidents, marking the second such occurrence within a 48-hour span that has led to transaction delays and failures for Solana users.　　Anza, on Friday, April 5, blamed the cause of the congestion on a combination of QUIC implementation issues and the behavior of the Agave validator client.　　Anza engineers, along with other core contributors, are making concerted efforts to diagnose and rectify these bottlenecks.　　The latest measures are part of a series of improvements that are expected to unfold over the coming months to boost Solanas network efficiency.　　The urgency of the issue was underscored by an alarming trend on April 4, when Solana experienced a failure rate of 75% for all non-vote transactions amid a surge in network activity, as per Dune Analytics. The spike was largely attributed to

2024-04-07Industriya

Ethereums Reputation Takes A Hit As Trading Veteran Labels It A Junk Coin

Recently, renowned trader Peter Brandt tininigan criticism directed squarely at Ethereum (ETH), the second-largest crypto by market capitalization, denouncing it as a “junk coin” in a blunt assessment.　　Ethereum Faces Criticism　　Celebrated for his insights into financial markets, Peter Brandt spared no punches as he castigated Ethereum, arguing that it lacks the essential characteristics required for long-term success.　　His remarks underscored ETHs perceived weaknesses as a store of value and its struggles with layer-2 solutions and high gas fees, factors he believes contribute to its inferiority compared to Bitcoin.　　To support his assertions, Brandt posted an Ethereum/Bitcoin price chart and his criticism of ETH, showing the assets consistent decline relative to Bitcoin in the past year.　　Pagod na akong sabihin, pero $ ETH ay isang junk coin sa kabila ng walang kabuluhang debosyon ng mga Etheridiots.　　Bilang isang tindahan ng halaga ito ay basura – a $ BTC nagpapanggap　　Ang pag-andar nito ay basura rin - mahirap harapin ang mga L2 at napakalaking bayad sa gas　　Siyempre ito ay palaging umaakit ng “mga mamumuhunan” 　　- Peter Brandt (@PeterLBrandt) Abril 4, 2024　　While Brandt was dishing out his critique on ETH, other voices presented contrasting perspectives on Ethereums prospects.　　In a notable defense of the asset, JP Morgan‘s Global Markets Strategy

2024-04-06Ethereum

Weekend Watch: ETH, SOL, ICP, LINK, and ADA

Balita ng Ethereum ng Bitcoin　　A sell wall at $3,475 could send ETHs price below $3,300 as it attempts to push higher.　　SOL might climb toward $198.18 but ICP might drop to $16.39.　　LINK was on the verge of forming a bullish flag while ADA could aim at $0.59.　　This week, prices of many cryptocurrencies tumbled and a lot of them failed to sustain their recoveries. However, traders are hopeful that the turbulent times experienced in the last five days will be put to rest this weekend.　　Therefore, Coin Edition looks at five of the top 20 cryptos per market cap and how the direction they might head this weekend. Read on.　　Pagsusuri ng Presyo ng ETH　　Between April 1 and 2, Ethereums (ETH) price fell from $3,654 to $3,237, highlighting how steep the correction was during the week. However, bulls capitalized on the drawdown and created support for the altcoins.　　As a result, ETH climbed to $3,345. Despite the slight jump, the Relative Strength Index (RSI) showed that ETH was not yet out of danger as the reading remained below 50.00. If buying momentum increases this weekend, then the price could head toward $3,512 overhead resistance.　　ETH/USD 4-Hour Chart (Pinagmulan: TradingView)　　On the other hand, ETH might end up

2024-04-06Ethereum

Ang Beteranong Trader ay Nagpakawala ng Mapanakit na Pagpuna Sa Ethereum — Ito ay Isang Junk Coin ⋆ ZyCrypto

Legendary trader and analyst Peter Brandt unleashed some scathing criticism of Ethereum (ETH). Brandt did not hold back, labelling ether a “junk coin” straightforwardly.　　Despite being the industry‘s second-largest cryptocurrency by market cap, he questions Ethereum’s ability to function as a reliable store of value, especially when compared to Bitcoin.　　A ‘Bitcoin Pretender’　　Sa isang kamakailan-lamang magpaskil on the X (formerly Twitter) platform, Peter Brandt expressed his dissatisfaction with Ethereum, branding it an inferior store of value compared to Bitcoin. Brandt isn‘t optimistic about the coin’s future, contending that it lacks the basic attributes necessary for long-term viability.　　Launched in 2015, Ethereum enhanced the functionalities associated with Bitcoin as a payment token by implementing smart contracts. With these programmable contracts, many groundbreaking applications were born to form the foundation for defi and the non-fungible token (NFT) ecosystem.　　Brandt highlighted Ethereums apparent weaknesses as a store of value and criticized its functionality, pointing to challenges with layer-2 solutions and absurd gas fees. He boldly went so far as to label the asset .　　To corroborate his claims, Brandt — a proprietary trader since 1975 — referenced the ETH/BTC price chart showing ether‘s continued decline against Bitcoin since late 2021. Per his analysis, ETH’s recent plunge to a

2024-04-06Ethereum

$2 Billion BTC and ETH Options Expire, Whats Next?

On April 5, 18,000 Bitcoin (BTC) and 270,000 Ethereum (ETH) options will expire. The notional value of the Bitcoin and Ethereum contracts is $1.2 billion and $890 million, respectively.　　Will this expiration trigger a volatility increase in the market and influence the price of the two largest cryptocurrencies by market capitalization？　　Bears Dominate the Crypto Options Market　　Its important to understand that crypto options allow traders to buy or sell an asset at a specific price on a particular date. This feature provides flexibility to the owner. Unlike futures, they are not obligated to buy or sell.　　As per the data from Greeks.live, Bitcoin‘s Put Call Ratio currently stands at 0.64. The maximum pain point for Bitcoin is $68,000, which means that this price could lead to significant financial losses for the largest number of holders. Similarly, Ethereum’s Put Call Ratio is 0.8, and its maximum pain point is $3,400.　　“The crypto market was weaker this week, with the $70,000 game ending in a short-sellers win, and selling calls being the most dominant trade of the week, with IVs across all major terms showing a significant decline,” analysts at Greeks.live sinulat ni.　　Magbasa pa: Isang Panimula sa Crypto Options Trading　　Bitcoins Put Call Ratio. Source: mga Griyego.mabuhay　　This

2024-04-06Ethereum

...

6668

...

1000