Balita sa Industriya ng Crypto at Market Trends

Maaari bang Bawiin ng Bitcoin Cash ang $500 Sa gitna ng Selloff?

Maaari bang Bawiin ng Bitcoin Cash ang $500 Sa gitna ng Selloff？　　BCH price signifies sharp rejection from the $700 mark and dropped to the 50 day EMA mark.　　Buyers are trapped at highs and unwinded their long positions.　　The BCH price reflects roller coaster move and has flipped toward the 50 day EMA mark and has delivered sharp reversal in the last sessions. The price action demonstrates the long unwinding activity, signifying follow on selling pressure on the charts. However, the trend is neutral and bulls need to retain the $500 mark to avoid any rash selloff and to gain momentum.　　At press time, the Bitcoin Cash (BCH) price traded at $478.34 with an intraday gain of 1.65%, reflecting neutrality on the charts. It has a monthly return ratio of -15.35% and 305.20% yearly. The pair of BCH/BTC is at 0.00751 BTC, and the market cap is $9.15 Billion. Analysts are neutral and suggest that the BCH crypto may retain strength and will outperform in the upcoming sessions.　　BCH Price Volume Profile On Daily Charts　　On the daily chart, the price-to-volume profile of the Bitcoin Cash crypto showcases sharp reversal in the last trading sessions. The price action signifies rejection from the supply region of

2024-04-29Industriya

Bitcoin Malapit na Bumaba sa $30,000: Pangwakas na Babala ng Crypto Analyst

Bitcoin Malapit na Bumaba sa $30,000: Pangwakas na Babala ng Crypto Analyst　　Crypto analyst Alan Santana predicts a significant price drop for Bitcoin to around $30,000, calling it a “capitulation drop.”　　This stark forecast relies on a combination of recent trading behaviors and technical indicators.　　“We are approaching a critical point where the market must rebalance,” states Santana, highlighting the urgency of his prediction.　　Amidst bullish trends, Bitcoin faces a potential drastic drop to $30,000, as analyzed by crypto expert Alan Santana. This detailed article examines the predictive techniques and market implications.　　Understanding the Capitulation Drop to $30,000　　Using a straightforward calculation method, Alan Santana forecasts a possible capitulation point for Bitcoin. By averaging its recent trading range and halving this figure, Santana anticipates a drop to about $33,300, with a broader view settling at $30,000. This prediction follows a detailed analysis of Bitcoins price movements and trading patterns over the recent months.　　The Timing and Impact of the Drop　　Santana pinpoints May as the critical period for this expected price adjustment, influenced by Bitcoins behavior following the recent halving event and its entry into a distribution phase. Typically lasting up to six months, these phases could be shortened this year, expediting the capitulation process and impacting investor

2024-04-29Industriya

Listahan Ng Franklin Templeton Ether ETF Rose Umaasa Para sa Pag-apruba

Franklin Templetons plan to launch an Ethereum ETF has been added to the DTCC list, raising expectations for improved investor accessibility.　　There have been rumors about the SEC rejecting spot Ethereum ETFs in May, but a recent development has added a twist. Franklin Templeton‘s proposed spot Ethereum ETF, which is one of several applications from major players, has been listed on the Depository Trust and Clearing Corporation’s (DTCC) new securities list under the ticker EZET.　　Franklin Templeton Lists Ethereum ETF　　Franklin Templeton, the $1.5 Trillion asset management firm, has listed its Ethereum ETF on the DTCC website. The website shows that the ETF is available for creation and redemption, but this does not imply approval of the S-1 filing with the US Securities and Exchange. On February 12th, Franklin Templeton applied for its Spot ETH ETF.　　The DTCC listing adds intrigue, suggesting that Franklin Templeton is confident about their application. However, experts have conflicting outlooks, creating a wait-and-see situation for investors wondering if a spot Ethereum ETF will become a reality.　　Why The Listing Is Important　　Listing on the DTCC is a crucial step that allows for supply adjustment of ETF shares to help keep up with their demand in the market, keeping an ETFs market

2024-04-29Industriya

Lingguhang Pagsusuri ng Cryptocurrency: Ang mga Altcoin ay Bawi At Pinagsama

Below are some of the cryptocurrencies that are currently in their respective bull markets. The best-performing altcoins are making gains, but they face significant resistance at a recent high.　　Cryptocurrencies will retrace above the moving average, indicating further upside. Others are falling within the moving average lines, allowing for further volatility in cryptocurrencies.　　Bonk　　The price of Bonk (BONK) is in a sideways trend. Since December 14, 2023, the cryptocurrency value has risen from a low to a high price and vice versa. In other words, the price of the altcoin has been hovering between $0.00001000 and $0.00003500. Today, the rising trend is reversing after hitting resistance at $0.00002700.　　Should the bears drop below the 50-day SMA, selling pressure will approach the previous low of $0.00001500 or $0.00001300. Meanwhile, the value of BONK stands at $0.00002371. It has the following characteristics and is the best performing coin.　　Kasalukuyang presyo: $ 0.00002379　　Market capitalization: $2.23B　　Dami ng kalakalan: $421.31M　　7-araw na pakinabang: 60.39%　　Pepe　　The price of Pepe (PEPE) has recovered from its previous decline and is now in a bull market. The altcoin rallied to the $0.00001100 resistance zone but was pushed back. Buyers were unable to sustain the positive momentum above the current high as the altcoin fell back

2024-04-29Industriya

Isinasama ni Franklin Templeton ang P2P functionality para sa on-chain na government securities fund nito

Isinasama ni Franklin Templeton ang P2P functionality para sa on-chain na government securities fund nito　　Franklin Templeton, the company that manages over $1.6 trillion in assets, announced this week that shareholders of the Franklin OnChain US Government Money Fund (FOBXX) can now transfer shares directly to one another using the public blockchain.　　The FOBXX fund, launched in 2021, is a pioneer in utilizing blockchain technology for transaction processing and share ownership recording. The fund initially employed the Stellar blockchain network through a proprietary system for these transactions. Since last April, its been additionally supported on the Polygon blockchain.　　Each share of the Fund is equivalent to one BENJI token, with the transfer agent keeping the official share ownership records, Franklin Templeton shared in the press release. As of the end of March 2024, the funds assets under management surpassed $360 million.　　“We are excited that BENJI token holders will have the ability to transfer shares amongst each other,” stated Roger Bayston, Head of Digital Assets at Franklin Templeton. “Eventually, we hope for assets built on blockchain rails, such as the Franklin OnChain U.S. Government Money Fund, to work seamlessly with the rest of the digital asset ecosystem.”　　According to Franklin Templeton, the FOBXX fund aims

2024-04-29Industriya

Umalis ang zkSNACKs sa US Market Sa gitna ng mga Patuloy na Isyu sa Regulasyon

Umalis ang zkSNACKs sa US Market Sa gitna ng mga Patuloy na Isyu sa Regulasyon　　zkSNACKs has begun denying access to its services to those residing in the U.S. 　　The recent move comes on the backdrop of the arrest of co-founders of Samourai Wallet.　　The zkSNACKs platform is now inaccessible to users in the US due to regulatory issues. The developer of the privacy-enhancing Bitcoin wallet Wasabi Wallet, zkSNACKs, has begun denying access to its services to those residing in the United States.　　Some users are unable to access the zkSNACKs website, which prevents them from downloading and using Wasabi Wallet and any associated services, including RPC interfaces and APIs. The platform implemented an IP address firewall to do this.　　Pagtaas ng Pangangasiwa ng Pagsisiyasat　　Though the developer remained mum on the subject, rumors have circulated that the two founders of Samourai were arrested around the same time as the policy change and retraction.　　Moreover, Keonne Rodriguez and William Lonergan Hill, co-founders of the cryptocurrency mixing service Samourai Wallet, were accused by the United States Department of Justice (DOJ) of laundering $100 million.　　Furthermore, according to the legal measures taken against the duo, a maximum of 20 years in jail is conceivable for the conspiracy to conduct

2024-04-28Industriya

Ang US Agency DTCC ay Gumagawa ng Bagong Desisyon sa Bitcoin at Cryptocurrency na mga ETF: Ibinaba ang Kritikal na Halaga sa Zero

Bitcoin　　Ang US Agency DTCC ay Gumagawa ng Bagong Desisyon sa Bitcoin at Cryptocurrency na mga ETF: Ibinaba ang Kritikal na Halaga sa Zero　　Depository Trust and Clearing Corporation (DTCC), a major financial services giant, has made an important decision regarding exchange-traded funds (ETFs) with exposure to Bitcoin and other cryptocurrencies. Effective April 30, 2024, DTCC will no longer allocate any collateral to ETFs containing Bitcoin or other cryptocurrencies as underlying assets.　　This means that these securities will face a 100% cut-off rate and as a result, no collateral value will be assigned.　　This concept, called haircut, deduction (rate), margin rate, shave or risk margin in financial markets, is defined as the risk premium paid to prevent the lender from being victimized in case the collateral loses value.　　This decision was welcomed by Caitlin Long, CEO and founder of Custodia Bank. “Im okay with this because it reduces the leverage-based financialization games that Wall Street can play. These forces would blame Bitcoin for the inevitable problems even though it has nothing to do with Bitcoin itself. This is a healthy decision,” Long said. said.　　*Hindi ito payo sa pamumuhunan.

2024-04-28Industriya

Real damage incoming: Recession probability extremely elevated

“The yield curve steepening is when well see the real damage that was done from the tightening. Probability of a recession later this year is still extremely elevated,” the platform said.　　The yield curve, tracking the difference between short-term and long-term interest rates on government bonds, can provide insights into investor sentiment and expectations about the economys future performance.　　Other economic indicators raise concerns　　According to the platform, recession fears resonate with concerns echoed by many financial analysts, suggesting that the Feds efforts to engineer a soft landing for the economy may not be succeeding as hoped.　　Other economic indicators, in addition to the yield curve, have raised concerns about the health of the US economy. For instance, when measured annually, the real gross domestic product (GDP) for the first quarter of 2024 showed a 1.6% increase compared to the fourth quarter of 2023.　　However, this expansion was at its slowest pace since the second quarter of 2022, reflecting a significant slowdown from 2023s surprising rapid recovery.　　Interestingly, following the release of the GDP data, some market players believe the economy is already in trouble. As reported by Finbold, Robert Kiyosaki, author of the renowned book pointed out that the GDP data signals the economy is

2024-04-28Industriya

Daily Market Review: ETH, W, OP, UNI, GRT

Todays market session has seen bears control markets due to movements in the global market cap. The total cap stood at $2.33T as of press time, representing a 1.8% decrease over the last 24 hours. The trading volume also dropped by 20% within the same period to stand at $63.18B.　　Pagsusuri ng Presyo ng Ethereum　　Ethereum (ETH) has fallen prey to todays bear sentiment, as evidenced by its price movement. In-depth analysis shows that the Bollinger Bands, which seem to be narrowing, indicate decreased volatility. The Ethereum price fluctuates around the middle SMA band, suggesting a lack of strong bullish or bearish momentum.　　On the other hand, the Money Flow Index (MFI) is around 42, which is in the neutral territory, neither indicating overbought nor oversold conditions. As of press time, the Ethereum price stood at $3,173, representing a 1.3% increase from its previous 24-hour price.　　4 na oras na ETH/USD Chart | Pinagmulan: TradingViewPagsusuri sa Presyo ng Wormhole　　Wormhole (W) is another gainer in todays session as it emerges among the top gainers. Looking at an in-depth analysis, we see that Wormhole price charts display the Alligator indicator with the jaw, teeth, and lips lines, showing a sideways movement, as the lines are intertwined,

2024-04-28Ethereum

Ethereum (ETH) Pagdurog ng Bitcoin (BTC) na may 6% Price Spike

Bitcoin Ethereum　　Ethereum (ETH) Pagdurog ng Bitcoin (BTC) na may 6% Price Spike　　Nilalaman　　Isang pangunahing antas ng paglaban　　Major headwinds　　Ang presyo ng Ethereum, the second-largest cryptocurrency, has surged more than 6% over the past 24 hours.　　ETH is currently trading at $3,320 on major spot exchanges, according to data provided by CoinGecko.　　Bitcoins dominance is currently sitting slightly above the 50% level.　　The ETH/BTC pair is currency sitting at 0.051 BTC after peaking at 0.052 BTC earlier today. The pair is now up nearly 13% over the past two weeks alone. However, the pair is still down 15% from its 2024 peak of 0.061 BTC that was achieved on Jan. 12.　　Isang pangunahing antas ng paglaban　　According to the 100eyes Crypto Scanner account, the second-largest cryptocurrency has now approached a key horizontal resistance at the $3,300 level.　　The largest altcoin came close to surpassing this resistance level on Apr. 24. However, this attempt resulted in a significant correction.　　Major headwinds　　Ethereums price recovery came despite the fact that Consensys, the key backer of the second-largest cryptocurrency network, recently mademanda the U.S. Securities and Exchange Commission after receiving a Wells notice from the regulator.　　The SEC wants to expand its jurisdiction by classifying the flagship altcoin as a security, the firm alleges.

2024-04-28Industriya

...

8183

...

1000