Why Bitcoin and Ethereum Are the Right Bets According to Jim Cramer - BitcoinEthereumNews.com

Bitcoin EthereumWhy Bitcoin and Ethereum Are the Right Bets According to Jim Cramer06 / 09 / 2022Balita ng Ethereum ng Bitcoin  The American TV personality Jim Cramer argued that cryptocurrencies have a long-term value as they are decentralized assets that could go mainstream in the future. However, he recommended investors interact mainly with Bitcoin and Ethereum as they have captured the attention of broad society and “seem the most legitimate.”  Cramers Latest Crypto Advice  Sa isang kamakailan-lamang pakikipanayam, the host of CNBCs Mad Money show – Jim Cramer – described himself as a “believer” of digital assets, predominantly in Bitcoin and Ethereum. The two largest cryptocurrencies by market capitalization have been embraced by many investors and seem to have the biggest merits, he opined.  Additionally, Ethereum has a huge presence in the non-fungible token niche, and as such, Cramer had to purchase some amounts to conduct an NFT order:  “I can‘t tell you not to own crypto. I own Ethereum. They wouldn’t let me do dollars. I had to buy it in Ethereum, so I researched it, and its got some qualities I like.”  Despite his positive opinion, he thinks cryptocurrencies should not account for more than 5% of ones portfolio. They could be a speculative

2022-06-09Industriya

BlockFi Plans to Raise $100M at a Lower $1B Valuation - BitcoinEthereumNews.com

TeknolohiyaPlano ng BlockFi na Magtaas ng $100M sa Mas mababang $1B na Pagpapahalaga06 / 09 / 2022Balita ng Ethereum ng Bitcoin  Crypto lending platform BlockFi is planing to raise new funding at a depressed $1 billion valuation, Bloomberg iniulat Miyerkules, binabanggit ang mga taong may kaalaman sa usapin.  Recall that in March 2021, the company was nagkakahalaga ng $ 3 bilyon following $350 million raised in a Series D round.  BlockFi Plans to Raise $100M  According to the report, the firm may raise around $100 million in its planed fundraiser. However, the actual amount it will secure in the funding is yet to be determined. Investors expected to participate in the round include Bain Capital Ventures, DST Global, Castle Island Ventures, and Peter Thiels Valar Ventures.  The reduced valuation comes at a time when the crypto market is going through a new phase of turbulence. The total market capitalization dropped from nearly $3 trillion in November to around $1.2 trillion.  The rumored raise also follows BlockFis regulatory challenges with United States regulators. In February, BlockFi agreed to pay a $ 100 milyong multa to the U.S. Securities and Exchange Commission (SEC), and 32 states.  The SEC charged the company for failing to register its lending product dubbed

2022-06-09Industriya

Ocean Protocol provides the foundation for a multi-chain Web 3.0 data economy - BitcoinEthereumNews.com

TeknolohiyaNagbibigay ang Ocean Protocol ng pundasyon para sa isang multi-chain na Web 3.0 data economy06 / 09 / 2022Balita ng Ethereum ng Bitcoin  Web 3.0 is built on principles of collaboration and unity, yet there have been several examples where disagreements led to conflict and separation. This resulted in fragmented communities across various networks and ecosystems.  Often blockchains are competing with each other for users, and it can often be challenging for Web 3.0 projects to decide which network is the right environment for their use case. Recently, Web 3.0 projects have adjusted their technology to be compatible with multiple blockchains, which is also referred to as the multi-chain approach.  A multi-chain strategy is when crypto projects adapt their technology in a way so that it can be integrated with several networks simultaneously. This allows such projects to encourage avenues of communication, where developers and communities active on different chains have aligned incentives towards creating value for each other. A breakthrough when compared with to fragmented blockchain ecosystems!  Multi-chain also makes projects more agile. They benefit from being exposed to each blockchains unique features and promote togetherness as opposed to building in isolation.  Conceptually, adopting a multi-chain strategy represents true decentralization. It can also create

2022-06-09Industriya

Citadel Securities and Virtu Financial are preparing to build cryptocurrency platform - BitcoinEthereumNews.com

TeknolohiyaNaghahanda ang Citadel Securities at Virtu Financial na bumuo ng platform ng cryptocurrency06 / 09 / 2022Balita ng Ethereum ng Bitcoin  Market makers Citadel Securities and Virtu Financial are reported to be building a cryptocurrency trading platform, with sources close to the matter stating it could be available later this year.   According to sources cited by Bloomberg, the two market makers are set to develop the cryptocurrency trading platform with assistance from retail brokerage firms Fidelity Investments and Charles Schwab.  A spokesperson for Schwab noted:  “We know there is significant interest in this cryptocurrency space and we will look to invest in firms and technologies working to offer access with a strong regulatory focus and in a secure environment.”  In the interview with Bloomberg, the source noted that the cryptocurrency trading platform is still in its nascence, with the platform expected to roll out towards the end of 2022 or early 2023.  The source close to the plans noted that the “new trading ecosystem will create more efficient access to deep pools of liquidity for digital assets.”  While a spokesperson for Fidelity did not confirm Fidelity‘s participation in the reported platform, she did reiterate the company’s commitment to its cryptocurrency business. The digital assets subsidiary, Fidelity

2022-06-09Industriya

El-Erian Warns Inflation Has Yet to Peak as Energy Prices Rise - BitcoinEthereumNews.com

KabuhayanNagbabala si El-Erian na Paakyat pa ang Inflation habang Tumataas ang Presyo ng Enerhiya06 / 09 / 2022Balita ng Ethereum ng Bitcoin  (Bloomberg) — Mohamed El-Erian, who almost a year ago accurately forecast that elevated US inflation would be persistent, says it hasnt peaked.  Karamihan Basahin mula sa Bloomberg  The closely followed bond-market strategist agrees with monthly consensus estimates for May‘s consumer price index to be reported on Friday, but told Bloomberg Television’s The Open on Thursday that “what worries me is that the June month-on-month print will be worse than the May month-on-month print. Those who boldly said inflation has peaked and is coming down may have to change their minds.”  Read more: Todays Price Action Shows US CPI Could Deliver a Nasty Shock  The CPI for April rose 8.3%, down from 8.5% the prior month, but still close to the biggest increase in four decades. Anual inflation likely climbed at an 8.2% pace in May, according to the median projection in a Bloomberg survey ahead of the release Friday. Thats still more than four times the levels seen before the pandemic.  “It wouldn‘t surprise me if we see a headline print higher than 8.5%,” though “not as early as next month,” said El-Erian, 63.

2022-06-09Industriya

ApeCoin is Not Moving Away From the Ethereum Ecosystem, Yet - BitcoinEthereumNews.com

EthereumAng ApeCoin ay Hindi Lumalayo sa Ethereum Ecosystem, Gayon Pa06 / 09 / 2022Balita ng Ethereum ng Bitcoin  The conflict of interest surrounding which blockchain will host the Apes have imploded after a tumultuous token launch back in March. As many buyers expressed dismay over the much-anticipated virtual land sale by Yuga Labs, a solution of a potential departure from Ethereum was suggested. But more than half of the ApeCoin participants have chosen to remain there.  Not Moving Away From Ethereum  ApeCoin DAO, the decentralized organization that enables APE holders to vote on token-related governance decisions, released an official proposal on May 2 to debate whether ApeCoin should remain on Ethereum or migrate to other chains. An unknown user named BAYC 2491, also known as ASEC, came up with the ApeCoin improvement proposal (AIP) dubbed “AIP-41: Keep ApeCoin within the Ethereum ecosystem.”  ang panukala naglalagay,  “We the ApeCoin DAO believe that, at least for the time being, ApeCoin should remain within the Ethereum ecosystem, and not migrate elsewhere to an L1 chain or sidechain not secured by Ethereum.”  Votes were pulled from the APE holders who either agree or disagree with this statement. Even as the demand for the token surged to levels never seen before,

2022-06-09Ethereum

BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, AVAX, SHIB - BitcoinEthereumNews.com

Bitcoin EthereumBTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, AVAX, SHIB06 / 09 / 2022Balita ng Ethereum ng Bitcoin  Bitcoin (BTC) continues to trade in a range with the local tops and bottoms coinciding with increased whale activity in the region, according to on-chain analytics resource Whalemap.  The range-bound action in Bitcoin has kept the analysts guessing and a few expect the consolidation to continue for some more time, while others anticipate another leg lower.  A June 6 Glassnode report said that the aggregated realized losses from long-term holders reflected more than 0.006% of the market capitalization on May 29. This is in comparison to the peak of 0.015% of the market capitalization reached during the 2018 to 2019 bear market.  Pang-araw-araw na pagganap sa merkado ng cryptocurrency. Pinagmulan: Coin360  Along with the quantum of losses, investors may also have to be prepared for a longer duration of subdued prices. The duration of the current loss for long-term investors is only one month old, while the previous losses remained roughly for a year.  Could the lackluster trading action in Bitcoin and other major altcoins continue? Lets study the charts of the top-10 cryptocurrencies to find out.  BTC / USDT  Bitcoin plunged below the 20-day exponential moving average (EMA)

2022-06-09Ethereum

Ang Tech Giant PayPal ay Nagbigay ng Suporta para sa Bitcoin (BTC), Ethereum (ETH) at Dalawang Higit pang Crypto Asset - BitcoinEthereumNews.com

Bitcoin crypto EthereumAng Tech Giant PayPal ay Nagpapalaki ng Suporta para sa Bitcoin (BTC), Ethereum (ETH) at Dalawang Higit pang Crypto Asset06 / 09 / 2022Balita ng Ethereum ng Bitcoin  Pinapayagan na ngayon ng PayPal ang mga piling user na maglipat ng Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) at Litecoin (LTC) nang direkta sa pagitan ng platform at mga external na crypto address.  Sa isang bagong pahayag, si Jose Fernandez da Ponte, ang senior vice president at general manager ng Paypal para sa blockchain, crypto at digital na pera, sabi ni pinalalakas ng higanteng pagbabayad ang suporta para sa mga digital na asset bilang tugon sa pangangailangan ng customer.  “Ang feature na ito ay pare-parehong niraranggo ng mga user bilang isa sa mga pinaka-hinihiling na pagpapahusay mula noong nagsimula kaming mag-alok ng pagbili ng crypto sa aming platform.”  Ang idinagdag na functionality ay nagbibigay-daan sa mga user na maglipat ng mga sinusuportahang coins sa Paypal, kung saan ang mga token ay maaaring gamitin upang bumili mula sa mga merchant gamit ang Checkout with Crypto feature ng platform.  Maaari ding ilipat ng mga user ang mga digital asset sa mga external na address gaya ng mga wallet, exchange at app. Maaaring magpadala ang mga user

2022-06-09Ethereum

DAO Vote Decides ApeCoin Will Remain on Ethereum - BitcoinEthereumNews.com

EthereumAng Boto ng DAO ay Nagpapasya Ang ApeCoin ay Mananatili sa Ethereum06 / 09 / 2022Balita ng Ethereum ng BitcoinIbahagi ang artikulong ito  More than 7.1 million APE tokens held by over 800 DAO members voted on AIP-41.  ApeCoin Community Chooses Ethereum  ApeCoin will stay on Ethereum—for the time being.  The AIP-41 snapshot vote closed early Thursday morning, with most voting power opting to keep ApeCoin within the Ethereum ecosystem. 53.62% of the vote—or 3.8 million APE tokens—voted against migrating ApeCoin to a Layer 1 or sidechain not secured by Ethereum.  While the vote ended in favor of an Ethereum-based ApeCoin, it swung wildly during the six-day voting period. Initially, more than 90% of votes backed keeping APE on Ethereum. However, three days in, several large token holders entered the vote, swinging it in favor of moving ApeCoin to a rival Layer 1 blockchain.  While the ApeCoin community has since made it clear they want APE to stay within the Ethereum ecosystem, the vote is not entirely definitive. DAO members can submit new proposals concerning the future of the token within a three-month grace period.  The vote to keep ApeCoin on Ethereum was sparked by a series of tweets from the Bored Ape Yacht Club creator Yuga

2022-06-09Ethereum

A Multi Chain Trade & Swap NFT protocol on Ethereum & Solana Chain - BitcoinEthereumNews.com

Ethereum Mga NFTIsang Multi Chain Trade & Swap NFT protocol sa Ethereum at Solana Chain06 / 09 / 2022Balita ng Ethereum ng Bitcoin  NFT developers just got a new building tool as the bear market rages on. According to NFbarter project founder, Mr. Leo Viturin:  “Our team has just launched what the company bills as a web3 marketplace protocol for safely and efficiently buying and selling NFTs. The protocol will allow for a more varied and specific NFT trading experience. For example, users will be able to post offers for NFTs in ETH and SOL, instead of just ETH prices”.  Instead of listing an NFT for a certain amount of ETH or SOL, users can list a potential trade for NFTs. For example, a user could use the NFbarter protocol to create a trade offer to exchange a Bored Ape for a bundle including a CryptoPunk, a Cryptoadz, and a bit of Uniswaps UNI token. The possibilities are virtually endless, giving users more control and bringing more value and utility to their existing portfolios.  Launching & deploying NFBarter on Ethereum and Solana will bring forth a more advanced and decentralized non-fungible token trading protocol that will address the liquidity problem in the NFT space.  Solving

2022-06-09Ethereum
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