Balita sa Industriya ng Crypto at Market Trends

Babel Finance Lost Over $280m in Proprietary Trading with Customer Funds - BitcoinEthereumNews.com

TeknolohiyaNawala ang Babel Finance ng Mahigit $280m sa Proprietary Trading sa Mga Pondo ng Customer07 / 29 / 2022Balita ng Ethereum ng Bitcoin　　Babel Finance has undergone severe loss as it executed proprietary trading with customer funds.　　The Asian crypto lender has been in gulo and abruptly suspended client withdrawals from last month. This report comes from the companys restructuring proposal deck.　　Due to proprietary trading failure, the company lost more than $280 million in Bitcoin and Ether, according to the deck dated July 2022.　　While in June, due to a heavy market downturn, Babel Finance specifically lost around 8,000 BTC and 56,000 ETH after facing liquidation.　　“In that volatile week of June when BTC fell precipitously from 30k to 20k, unhedged positions in [proprietary trading] accounts chalked up significant losses, directly leading to forced liquidation of multiple Trading Accounts and wiped out ~8,000 BTC and ~56,000 ETH,” reads the deck.　　Following these heavy losses, Babels lending and trading departments have been unable to meet margin calls.　　According to the deck, “conclusion: Single point of failure – The Proprietary Trading team‘s failed operation falls outside of the company’s normal business which has otherwise been runing smoothly with proper management and control.”　　The Block said that Babel Finance describes

2022-07-30Industriya

BTC Climbs Above $24,000, While ETH Nears $1,800 – Market Updates Bitcoin News - BitcoinEthereumNews.com

Eliman Dambell　　Si Eliman ay nagdadala ng isang eclectic na pananaw sa pagsusuri sa merkado, na nagtrabaho bilang isang brokerage director, retail trading educator, at market commentator sa Crypto, Stocks at FX.nn n n n　　Mga Credits ng Larawan: Shutterstock, pixel, Wiki Commons　　Pagtatatuwa: Ang artikulong ito ay para sa mga layuning pang-impormasyon lamang. Ito ay hindi isang direktang alok o paghingi ng isang alok upang bumili o magbenta, o isang rekomendasyon o pagrekomenda ng anumang mga produkto, serbisyo, o kumpanya. Bitcoin.com hindi nagbibigay ng payo sa pamumuhunan, buwis, ligal, o accounting. Hindi man ang kumpanya o ang may-akda ay responsable, nang direkta o hindi direkta, para sa anumang pinsala o pagkawala na sanhi o diumanoy sanhi ng o may kaugnayan sa paggamit ng o pag-asa sa anumang nilalaman, kalakal o serbisyo na nabanggit sa artikulong ito.　　Mas Sikat na BalitaSa Kaso Nalimutan Mo Ito

2022-07-29Ethereum

Ethereum dev confirms Goerli merger date, the final update before the Merge - BitcoinEthereumNews.com

EthereumEthereum dev confirms Goerli merger date, the final update before the Merge07 / 29 / 2022Balita ng Ethereum ng Bitcoin　　The Goerli merger requires node operators to update both their consensus layer and execution layer clients in tandem, rather than just one of the two.　　The Ethereum mainet is just one testnet merger away from officially transitioning to a patunay-of-stake (PoS) blockchain. After multiple shadow forks and testnet merges, the years-long journey has reached the final stage with the anouncement of the final testnet merge to the Beacon chain.　　The transition to PoS began in December 2020 with the launch of the Beacon chain, starting Phase 0 of the three-phase process. Phase 1, the current phase, was slated to be completed by 2021. However, due to numerous delays and unfinished work on the developers end, it is expected to be completed by the third week of September. The final phase of the transition is slated to be completed by late 2023.　　Lead Ethereum developer Tim Beiko took to Twitter to anounce the details of the Goerli testnet transition. The Goreli testnet will merge with the Beacon Chain called Prater and the combined Goerli/Prater network will retain the Goerli name post-merge.　　Anunsyo ng Goerli/Prater Merge　　Tatakbo si

2022-07-29Ethereum

Can Ethereum reach $2,000 by the end of August? Here’s what the crypto community expects - BitcoinEthereumNews.com

crypto EthereumCan Ethereum reach $2,000 by the end of August？ Heres what the crypto community expects07 / 29 / 2022Balita ng Ethereum ng Bitcoin　　Disclaimer: Ang pagtatantya ng presyo ng komunidad ng CoinMarketCap cryptocurrency ay nakabatay lamang sa mga boto ng mga gumagamit nito. Hindi ginagarantiya ng mga pagtatantya ang mga presyo sa pagtatapos ng buwan.　　pagkatapos pagbawi ng $1 trilyon market capitalization level, the sektor ng cryptocurrency seems to be bouncing back, driven primarily by its major representatives such as Ethereum (ETH) which has surpassed the $1,700 price mark, leading mamumuhunan to speculate on its movements in the near future.　　Indeed, the crypto community voices at CoinMarketCap ginawa bullish predictions on the price of ETH by August 31, 2022, using the website‘s ’Price Estimates‘ feature that allows them to state their opinions on where they believe a digital asset’s price will be at the end of several upcoming months.　　As it has estimated that Ethereum will be trading at an average price of $2,127.98 by the end of August, the community; thus, believes that the decentralized finance (DeFi) asset will gain as much as $407.96 or 23.72% to its current value retrieved on July 29.　　Crypto community Ethereum price prediction August 31. Source: CoinMarketCap　　The

2022-07-29Ethereum

Growth accelerates for euro zone - BitcoinEthereumNews.com

KabuhayanBumibilis ang paglago para sa euro zone07 / 29 / 2022Balita ng Ethereum ng Bitcoin　　Growth in the euro zone economy accelerated in the second quarter of the year, but the regions prospects could be hit as Russia continues to reduce gas supplies.　　The 19-member bloc registered a gross domestic product rate of 0.7% in the second quarter, according to Eurostat, Europes statistics office, beating expectations of 0.2% growth. The euro zone posted GDP of 0.5% in the first quarter of the year.　　The numbers contrast sharply with the negative readings out of the United States for both the first at ikalawang isang-kapat, as the euro zone continues to benefit from the reopening of its economy after the pandemic.　　However, a growing number of economists are expecting the euro zone to slide into a recession next year, with Nomura, for example, forecasting an anual contraction of 1.2% and Berenberg pointing to a 1% slowdown.　　Even the European Commission, the executive arm of the EU, has admitted that a recession could be on the cards — and as early as this year if Russia completely cuts off the regions gas supplies.　　Officials in Europe have become increasingly concerned about the possibility of a shutdown of gas supplies,

2022-07-29Industriya

BTC Reclaims 24k, ETH $1700 Following Second Consecutive GDP Decline - BitcoinEthereumNews.com

Bitcoin EthereumBTC Reclaims 24k, ETH $1700 Following Second Consecutive GDP Decline07 / 28 / 2022Balita ng Ethereum ng Bitcoin　　Bitcoin and Ethereum are pumping after the U.S. Bureau of Economic Analysis released its official GDP data for Q2 2022. The data shows that real GDP decreased by 0.9% year over year, marking the nations second consecutive quarter of negative GDP growth.　　Bitcoin traded for about $22,700 prior to the bureaus release at 08:30 EST. Meanwhile, Ethereum traded for about $1,630.　　Both coins then began to climb over the following hours, with Bitcoin reaching back to $21,114 at about 11:53, and Ethereum hitting $1,754 at the same time. Each has since pulled back to $23,800 and $1,720 respectively, at writing time.　　Ethereums rise is compiled with newfound enthusiasm over its upcoming Pagsamahin upgrade, which will take its consensus mechanism from proof of work to proof of stake.　　The pump follows a fairly bullish reaction to the Federal Reserves 75 basis point na pagtaas ng rate on Wednesday – which has normally been viewed as bearish for crypto and stocks.　　By many countries definitions and common measurements, two consecutive quarters of negative GDP means a nation has technically entered recession. However, the White House denies that the U.S.

2022-07-29Ethereum

Ang stock ng Roku ay bumagsak ng 28% sa mahinang pananaw, nawawala sa itaas at ibabang linya - BitcoinEthereumNews.com

KabuhayanAng stock ng Roku ay bumagsak ng 28% sa mahinang pananaw, nawawala sa itaas at ibabang linya07 / 28 / 2022Balita ng Ethereum ng Bitcoin　　Ang stock ng Roku Inc. ay mabilis na bumagsak ng 28% sa pinalawig na kalakalan matapos ang kumpanya ay nag-alok ng papel na manipis na gabay at nag-ulat ng mga resulta ng piskal na ikalawang quarter noong Huwebes na kulang saMga pagtataya ng mga analyst sa Wall Street.　　Nagkaroon ng malaking pagbagal sa paggastos sa advertising sa TV dahil sa macro-economic na kapaligiran, na nagdiin sa paglago ng kita sa platform, Sinabi ng mga executive ng Roku sa isang liham sa mga shareholder. Nagsimulang i-moderate ng mga consumer ang discretionary na paggastos, at ang mga advertiser ay makabuluhang nabawasan ang paggastos sa ad scatter market (mga TV ad na binili noong quarter). Inaasahan namin na ang mga hamong ito ay magpapatuloy sa malapit na panahon habang ang mga alalahanin sa ekonomiya ay pinipilit ang mga merkado sa buong mundo.　　Sa liham sa mga shareholder, sinabi ng mga executive ng Roku na gumawa sila ng mga hakbang sa makabuluhang mabagal ang parehong gastos sa pagpapatakbo at paglago ng headcount.　　taon ROKU,n -2.01%n nai-post isang netong pagkalugi na $112.3 milyon, o

2022-07-29Industriya

Ethereum Classics [ETC] invincible rise- Solving its mystery - BitcoinEthereumNews.com

EthereumEthereum Classics [ETC] invincible rise- Solving its mystery07 / 28 / 2022Balita ng Ethereum ng Bitcoin　　Ethereum Klasik [ETC] has been attempting to recover all the losses it witnessed over the past few months. ETC was halfway through making it happen. However, surprisingly, its investors, of late, decided to take a break.　　This has resulted in a sudden drop in the on-chain performance.　　Ethereum Classic on a rise　　On the charts, ETC surpassed expectations in the last two weeks.　　The token rallied by more than 96.6%, while other altcoins like Ethereum were struggling to rise by even 40%.　　As of 27 July, ETC was trading at $27.1. It managed to recover half of the losses it noted between March and June when the altcoin took a hit of 72.24%. Thus, falling from $49.3 to $13.6.　　Coincidentally, the pattern of ETCs rise and fall is very similar. Every time the cryptocurrency rallies, it notes excessive buying pressure.　　This results in the altcoin being overbought. Right after which ETC begins its downtrend that lasts anywhere between one to three months.　　Well, the month of July also witnessed ETC entering the overbought zone. And, it is expected of ETC to repeat historic patterns thanks to the ongoing rise.　　However, there seems to be

2022-07-29Ethereum

Ethereum Reaches New Important Milestone Ahead of Merge Event - BitcoinEthereumNews.com

Alex Dovbnya　　Ethereum network experienced sudden increase in daily active addresses, and cause behind this spike remains unclear　　Ethereum, the second largest cryptocurrency, has reached a new all-time high in daily active addresses, according to data provided by cryptocurrency analytics company Sa Loob.　　Imahe sa pamamagitan ng @intotheblock　　More than 1.1 million addresses conducted ETH transactions yesterday, which is a whopping 48% higher than the previous record.　　The exact cause of the sudden spike in activity remains unknown.　　As kilala by CoinMetrics researcher Kyle Waters, the massive increase was attributed to sending addresses. The number of receiving addresses remained basically the same. Furthermore, the number of small Ethereum transfers between $100 and $1,000 increased sharply. Binance received roughly 621,691 inbound ETH transfers. According to Conor Grogan, head of strategy at American cryptocurrency exchange Coinbase, the sudden spike can be attributed to Binance doing a maintenance sweep instead of growing adoption.　　In the meantime, the price of the cryptocurrency soared more than 15% after the U.S. Federal Reserve raised the benchmark interest rate by 75 basis points.　　Ether has experienced a resurgence on the cusp of the Merge event, which will mark its full transition to the proof-of-stake consensus mechanism. As iniulat ni U. Ngayon, Digital Currency Group CEO

2022-07-29Ethereum

Rush to Chipotle To Win Free Bitcoin, Ethereum, Avalanche, Solana, or Dogecoin in New ‘Buy the Dip’ Game - BitcoinEthereumNews.com

Bitcoin EthereumRush to Chipotle To Win Free Bitcoin, Ethereum, Avalanche, Solana, or Dogecoin in New ‘Buy the Dip’ Game07 / 28 / 2022Balita ng Ethereum ng Bitcoin　　Chipotle is launching a new game that gives players the chance to win free Bitcoin (BTC), Ethereum (ETH), Avalanche (AVAX), Solana (Sol) o Dogecoin (DOGE).　　The fast food giant sabi ni the interactive game called “Buy The Dip” will give away more than $200,000 in crypto assets along with promo codes for 1-cent guacamole and queso blanco from July 25th until the National Avocado Day on July 31st.　　Starting at 10am PT today, fans can access the ‘Buy The Dip’ game by visiting: www.chipotlebuythedip.xyz.　　The game will be open from 10am PT to 6pm PT each day through Sunday, July 31.　　The company says more than 500 players will win the crypto rewards, which will be distributed as follows:　　From July 25th to July 30th:　　$10,000 in Bitcoin. Five fans get $2,000 in BTC per day　　$5,000 in Ethereum, Five fans get $1,000 in ETH each per day　　$1,250 in Solana. Five fans get $250 in SOL each per day　　$3,000 in Avalanche. 20 fans get $150 in AVAX each per day　　$3,000 in Dogecoin. 20 fans get $150 in DOGE each per day　　On

2022-07-29Ethereum

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