Balita sa Industriya ng Crypto at Market Trends

The US Dept. of Commerce has 17 questions to help develop a crypto framework - BitcoinEthereumNews.com

cryptoThe US Dept. of Commerce has 17 questions to help develop a crypto framework05 / 19 / 2022Balita ng Ethereum ng Bitcoin　　The United States Department of Commerce is calling for submissions on how it can establish a framework that will bolster American economic competitiveness in digital assets including crypto and stablecoins.　　The Department of Commerce (DoC) intends on paglilimbag a series of 17 questions in a request for comment through the International Trade Administration. The request will be published in the Federal Register on Thursday.　　The questions pertain to the DoC‘s efforts to develop a framework for challenges to the growth of American economics regarding digital assets, as requested by President Joe Biden’s Executive Order.　　The unpublished request for comment from the Department of Commerce.　　The questions will cover a range of topics related to crypto businesses in the U.S. such as views on how regulations can enhance competitiveness and what obstacles business owners currently face. It will also cover digital asset mining, likely in relations to Bitcoin (BTC) at Ether (ETH). One asks:　　“What, if any, is the future role of digital assets mining in the U.S. digital assets sector？ In what ways can the U.S. government and U.S. companies drive competitive, sustainable (for

2022-05-19Industriya

Another Pure Permian Mini-Major Rises In Centennial, Colgate Merger - BitcoinEthereumNews.com

KabuhayanIsa pang Purong Permian Mini-Major na Tumaas Sa Centenial, Colgate Merger05 / 19 / 2022Balita ng Ethereum ng Bitcoin　　ANDREWS, TX – An oil pumpjack works at dawn in the Permian Basin oil field on January 20, 2016 in ... [+] the oil town of Andrews, Texas. (Photo by Spencer Platt/Getty Images)　　In keeping with the emerging shale narrative that “scale equals relevance, Centenial Resource Development, Inc. anounced on Thursday a deal to acquire privately-held Colgate Energy Partners III, LLC in a deal that values Colgate at $3.9 billion. Calling the deal a ”merger of equals, Centenial said in a release that it creates a pure Permian Basin play company with a total enterprise value of $7 billion.　　“This transformative combination significantly increases scale and drives accretion across all our key financial and operating metrics. Colgates complementary, high-margin assets are a natural fit for Centenial, creating the largest pure-play E&P company in the Delaware Basin,” Sean Smith, Chief Executive Officer of Centenial, said in the release. When the merger is completed during the 2nd half of 2022, the combined company will sport approximately 180,000 net leasehold acres, 40,000 net royalty acres and total current production of approximately 135,000 Boe/d.　　Combined acreage for Centenial and

2022-05-19Industriya

CFTC Charges 2 Men With Running a $44M Crypto Ponzi Scheme - BitcoinEthereumNews.com

cryptoSinisingil ng CFTC ang 2 Lalaki sa Pagpapatakbo ng $44M Crypto Ponzi Scheme05 / 19 / 2022Balita ng Ethereum ng Bitcoin　　Officials with the Commodity Futures Trading Commission (CFTC) allege Sam Ikkurty (also known as Sreenivas I Rao), of Portland, Ore., and Ravishankar Avadhanam of Aurora, Ill., as well as several corporate entities controlled by the defendants, worked together to convince their victims to invest in a “so-called income fund invested in digital assets.”

2022-05-19Industriya

Consumers Aren’t OK. Why April Retail Sales Are Misleading. - BitcoinEthereumNews.com

KabuhayanHindi OK ang mga mamimili. Bakit Nakakapanlinlang ang April Retail Sales.05 / 19 / 2022Balita ng Ethereum ng Bitcoin Walmart sales climbed in the first quarter from a year ago, but flat transaction numbers suggest inflation drove the gain. Here, a Walmart in San Leandro, Calif., last year.　　The latest retail sales report subverted recession fears. It shouldnt.　　When data showed that April sales for U.S. retailers rose 0.9% from a month earlier and 8.2% from a year earlier, Wall Street celebrated. Economists and strategists concluded that while consumers are miserable, they are still spending—and enough to prevent economic contraction as the Federal Reserve lifts interest rates and shrinks its balance sheet to combat high inflation. But that take, which fits with the prevailing narrative that the central bank will achieve a soft landing, is too cursory.　　First, inflation-adjusted figures are called “real” for a reason. When you adjust the reported nominal sales numbers using the consumer price index, they were negative in April—and for the second straight month. The base effect is a factor, given the big jump a year ago that makes for a tough comparison. “But still,” says Lyn Alden, founder of Lyn Alden Investment Strategy, “a lot of these

2022-05-19Industriya

Binasag ni Mike Novogratz ang Kanyang Katahimikan sa Pagbagsak ng LUNA - BitcoinEthereumNews.com

Alex Dovbnya　　Sa wakas ay natimbang na ni Mike Novogratz ang pagbagsak ng LUNA　　Galaxy Digital CEO Mike Novogratz, isa sa mga nangungunang tagapagtaguyod ng nabigong LUNA token, sa wakas ay natimbang sa pagbagsak ng token sa isang kamakailang liham ng shareholder. nSinabi ni Novogratz, na tahimik sa Twitter nitong nakaraang linggo, na abala siya sa pagmuni-muni sa ekonomiya at industriya ng cryptocurrency.　　Sinabi niya na ang algorithmic UST stablecoin, na nawala ang peg nito mas maaga sa buwang ito, ay isang malaking ideya na nabigo.　　Sinabi ni Novogratz na ang Galaxy ay namuhunan sa Luna noong ikaapat na quarter ng 2020. Noong Enero, ipinagmamalaki niyang ipinakita ang kanyang tattoo na nakatuon sa high-flying cryptocurrency. Matapos ang pagsabog ng token, malawak na kinutya si Novogratz para sa kanyang over-the-top na promosyon ng proyektong cryptocurrency. Ang aking tattoo ay magiging isang palaging paalala na ang venture investing ay nangangailangan ng pagpapakumbaba, sabi ng bilyonaryo.　　Ang presyo ng token ng pamamahala ay tumaas sa $118 bago bumagsak sa pangkalahatang bearishness sa merkado ng crypto dahil sa hindi kanais-nais na mga kondisyon ng macro. Ipinaliwanag ng bilyunaryo na ang pababang pressure sa Bitcoin, ang reserbang asset ng Luna Foundation Guard foundation, at mga withdrawal ng UST ay nag-trigger

2022-05-19Industriya

Russia will soon legalize crypto payments: trade minister - BitcoinEthereumNews.com

cryptoMalapit nang gawing legal ng Russia ang mga pagbabayad ng crypto: ministro ng kalakalan 05 / 19 / 2022Balita ng Ethereum ng Bitcoin　　According to Denis Manturov, the Russian Federations Ministry of Industry and Trade, crypto payments will be legalized “sooner or later.”　　“The question is when, how, and under what circumstances this will take place. Both the Central Bank and the government are now actively involved in this,” said Denis Manturov, the trade minister.　　Russias crypto plan　　Throughout 2022, the government will investigate different crypto adoption strategies, although no definitive regulatory policy on digital asset payments has been finalized.　　However, Russias finance ministry supported its legality in its April bill “On Digital Currency.”　　Manturov was questioned about authorized crypto payments at the New Horizon educational forum this week, He said:　　“Yes, I believe so. The question is when, how, and under what conditions this will occur. The Central Bank and the government are now both actively involved in this. But everyone seems to grasp that this is a current trend that will be carried out sooner or later in some form or another.”　　Central Bank of Russia against legalizing crypto　　Until recently, the Central Bank of Russia (CBR) and the Ministry of Finance held completely opposite views on

2022-05-19Industriya

Critics Blast Do Kwon, Saying Terra Could Have Saved LUNA By Burning 6.5T Coins With $1.3 Billion Reserves - BitcoinEthereumNews.com

TeknolohiyaCritics Blast Do Kwon, Saying Terra Could Have Saved LUNA By Burning 6.5T Coins With $1.3 Billion Reserves05 / 19 / 2022Balita ng Ethereum ng Bitcoin- Advertising -　　Do Kwon And Terra Could Have Saved LUNA With The $1.3 Billion Reserve But They Did Everything Wrong.　　The troubles facing Terra Luna and UST continue to spark heated debates and conversations within the crypto community. LUNA was once a great project that has now turned into dust.　　Some are already pointing fingers at Terraform Labs and Do Kwon, claiming that the two entities, with Do Kwon being the companys leader and de facto owner, had played a part in fleecing investors of billions of dollars that were turned into penies when Luna and UST crashed.　　A reddit post has now surfaced, with the Critic detailing what they think could have been the ultimate steps taken that could have saved LUNA and UST from the current predicament.　　Apparently, the Luna Foundation Guard (LFG) held around $1.3 billion in reserves meant to keep the Luna and UST market stable. At prices estimated at $0.0002, this fund could have bought roughly 6.5 Trillion Luna to be burned and possibly sparked a price upswing to reverse the damage.　　“Victims Of Their

2022-05-19Industriya

Jack Dorsey Says Bitcoin Remains the Only Candidate for Native Internet Currency - BitcoinEthereumNews.com

BitcoinJack Dorsey Says Bitcoin Remains the Only Candidate for Native Internet Currency05 / 19 / 2022Balita ng Ethereum ng Bitcoin　　Being more bullish on Bitcoin than other cryptocurrencies, Jack Dorsey made deliberations on the evolution of the Block company and the role of Bitcoin in its fate.　　Jack Dorsey, the CEO and co-founder of San Francisco-based company Block, has expressed his unrelenting belief in the potential of Bitcoin as he calls it the “only candidate” for native internet currency.　　Since 2017, the company held its first investor day after 5 years, where the executives made assertions that the firm should be valued as an “ecosystem”, claiming it has grown beyond just a payment company.　　Bitcoins Role in the Future of Block　　According to a recent report from CNBC, the event saw Jack Dorsey making a case for Bitcoin as to its relevance in the future of Block. Being more bullish on Bitcoin than other cryptocurrencies, Jack Dorsey made deliberations on the evolution of the company and the role of Bitcoin in its fate.　　Apparently, the company believes that crypto is a secular trend where it could exclusively fit well although Bitcoin could only account for about 5% of its gross profits as of the end of

2022-05-19Bitcoin

Will Burning Excess LUNA tokens Really Impact the Price After it Failed Miserably with SHIB & ETH Price? - BitcoinEthereumNews.com

EthereumTalaga bang Makaaapekto sa Presyo ang Pagsunog ng Labis na mga token ng LUNA Matapos itong Mabigo sa Presyo ng SHIB at ETH？05 / 19 / 2022Balita ng Ethereum ng Bitcoin　　The Shiba INU platform to stabilize the SHIB price had earlier introduced a burn mechanism after Ethereums ETH 2.0 with EIP 1559 upgrade went operational. However, the burn mechanism does not appear to have fueled the price rally as both SHIB price and ETH price are drowning in the same bearish well, despite the fact that the tokens continue to burn as per the algorithm.　　Recently, Shiba INU recorded a milestone of burning nearly 12.6 billion SHIB tokens in a day worth nearly $123,551. Despite the burn rate spiked by more than 5000% yet, the price remained largely un-impacted. A similar instance has been recorded with the Presyo ng ETH. According to the burn portal, more than 2,340,000 ETH has been burnt since its inception. Moreover, the burnt tokens were far ahead of the tokens issued on the same day.　　Therefore, when the burn mechanism has not led to any major impact on the second-largest token, Ethereum and the most popular memecoin Shiba INU, How fine will it be for the LUNA

2022-05-19Ethereum

2 key Ethereum price metrics suggest traders will struggle to hold the $2K support level - BitcoinEthereumNews.com

EthereumAng 2 pangunahing sukatan ng presyo ng Ethereum ay nagmumungkahi na ang mga mangangalakal ay mahihirapang hawakan ang $2K na antas ng suporta05 / 19 / 2022Balita ng Ethereum ng Bitcoin　　Ether (ETH) price has been trying to establish an ascending chanel since the May 12 market-wide crash that sent its price to $1,790. Currently, the altcoins support stands at $2,000, but the high correlation to traditional markets is causing traders to be highly skeptical s cryptocurrency market recovery.　　Sa ngayon, ang Federal Reserve ay patuloy na nagdidikta sa pagganap ng mga merkado at ang kawalan ng katiyakan ay ang nangingibabaw na damdamin dahil ang mga sentral na bangko ng mga pangunahing ekonomiya ay nagsisikap na paamuin ang inflation. Isinasaalang-alang na ang ugnayan sa pagitan ng mga merkado ng crypto at ang index ng S&P 500 ay nasa itaas ng 0.85 mula noong Marso 29, malamang na hindi gaanong hilig ang mga mangangalakal na tumaya sa Ether decoupling mula sa mas malawak na mga merkado anumang oras sa lalong madaling panahon.　　Currently, the correlation metric ranges from a -1, meaning select markets move in opposite directions to a +1, a perfect and symmetrical movement. Meanwhile, 0 would show disparity or a lack of

2022-05-19Ethereum

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