Argentinas central bank blocks financial institutions from offering crypto - BitcoinEthereumNews.com

cryptoHinaharang ng sentral na bangko ng Argentina ang mga institusyong pampinansyal sa pag-aalok ng crypto05 / 07 / 2022Balita ng Ethereum ng Bitcoin  Argentinas central bank (BCRA) anounced today that financial institutions canot enable their clients to carry out operations using digital assets, just days after two banks said they had opened up crypto trading to their clients.  On May 2, the major private bank Banco Galicia and all-digital Brubank both anounced they would offer crypto trading to customers through the investment portals on their websites. But now, the central bank said that financial entities in the country canot allow this kind of service since crypto assets are not regulated.  Argentinas central bank defines digital assets as “a digital representation of value or rights that are transferred and stored electronically using Distributed Ledger Technology (DLT) or other similar technology.”  Kunin ang Iyong Crypto Daily Briefn  Inihahatid araw-araw, diretso sa iyong inbox.  “The measure ordered by the Board of Directors of the BCRA seeks to mitigate the risks associated with operations with these assets that could be generated for users of financial services, and for the financial system as a whole,” the central bank statement reads.  Some Argentines have embraced crypto as a way to more easily save

2022-05-07Industriya

DOGE Price May Locate $0.12 Support - BitcoinEthereumNews.com

TeknolohiyaMaaaring Hanapin ng Presyo ng DOGE ang $0.12 na Suporta05 / 07 / 2022Balita ng Ethereum ng Bitcoin  The Dogecoin price prediction shows that DOGE remains at the downside, and the dip is likely to worsen because of a recent decline.  DOGE/USD Market  Key Levels:  Mga antas ng paglaban: $ 0.16, $ 0.18, $ 0.20  Mga antas ng suporta: $ 0.10, $ 0.08, $ 0.06  DOGEUSD – Pang-araw-araw na Tsart  DOGE / USD like many other top cryptos is trading on the negative side. The current pullback has been across the board and the Dogecoin is taking a strong hit as well. Currently trading at $0.126, the coin crosses below the 9-day moving average and hovers around the $0.126 level. However, the coin is likely to cross below the lower boundary of the chanel if the bears put more pressure.  Dogecoin Price Prediction: DOGE/USD May Increase the Bearish Momentum  Sa panahon ng pagsulat, ang Presyo ng Dogecoin is heading to the downside but a move below the lower boundary of the chanel; may increase the short-term selling pressure while the next supports may come at $0.10, $0.08, and $0.06. On the other hand, any bullish movement above the 9-day and 21-day moving averages may push the coin towards the

2022-05-07Industriya

Bumaba ang Stock ng Bill.com habang Bumagal ang Paglago ng Kita - BitcoinEthereumNews.com

KabuhayanBumaba ang Stock ng Bill.com habang Bumagal ang Paglago ng Kita05 / 07 / 2022Balita ng Ethereum ng Bitcoin  Ang mga pagtataya sa pananalapi ng Bill.com ay tumutukoy sa mas mabagal na paglago ng kita kaysa sa nakaraan.  Bill.comNawala ang stock ng halos isang-katlo ng halaga nito kahit na ang kumpanya ng automation ng pagbabayad ng bill ay naghatid ng isang matatag na quarter, na nagdagdag ng isang record na bilang ng mga customer.Ang mga analyst ay nananatiling bullish, sinisisi ang pag-slide ng mga pagbabahagi sa isang quarter-over-quarter na paghina sa paglago.  Sa pinakahuling quarter, nagdagdag ang Bill.com ng 11,600 netong mga bagong customer, ang pinakamataas na nakuha mula noong naging publiko ito, at 3,400 higit pa kaysa sa naunang pinakamahusay na quarter ng kumpanya. Iyon ay sinabi, ang stock ay bumaba ng higit sa 16% hanggang $127.39 noong Biyernes, pagkatapos bumagsak ng halos 30% sa lalong madaling panahon pagkatapos magbukas ang merkado.  Ang kita ay lumago ng 6.6% quarter over quarter, mas mababa kaysa sa 34.5% na paglago sa ikalawang quarter o ang 48.7% na paglago sa unang quarter. At sinabi ng kumpanya na ang kita sa quarter na magtatapos sa Hunyo ay inaasahang magiging $182.3 milyon hanggang $183.3 milyon, na nagpapahiwatig ng

2022-05-07Industriya

Trons foray into algorithmic stablecoins has had this effect on TRX - BitcoinEthereumNews.com

TeknolohiyaAng pagpasok ni Tron sa mga algorithmic stablecoin ay nagkaroon ng ganitong epekto sa TRX05 / 07 / 2022Balita ng Ethereum ng Bitcoin  A wise man once sinabi “Algorithmic stablecoins are fast becoming the norm – protocol-issued dollars coming to every blockchain.”  Like a self-fulfilling prophecy, two days ago, Tron Inilunsad its USDD algorithmic stablecoin. According to the founder and former CEO of Tron, Justin Sun, the Tron Blockchain intends to hold $10 billion in Bitcoin and other crypto, as reserves for its USDD stablecoin.  At the time of this press, $201.245 million worth of USSD was already Nagbigay on the Tron Blockchain. The launch of a stablecoin on a blockchain is met with a spike in the price and performance of such blockchains native token. Has this been so with regards to TRX?  Laughing To the Bank  While yesterday was a bloodbath for major crytocurrencies and several altcoins, TRX appeared to have recorded gains following the launch of the network‘s stablecoin. Standing at $0.08478, Tron’s native token rallied up by 6% in the last 24 hours. On a 7-day window period, TRX also made significant strides with over 80% recorded in gains.  Standing at 73 at the time of writing, the RSI for the token

2022-05-07Industriya

IMF’s Hidden Role in Argentinas Crypto Pushback Rattles Crypto Community ⋆ ZyCrypto - BitcoinEthereumNews.com

cryptoIMF‘s Hidden Role in Argentina’s Crypto Pushback Rattles Crypto Community ⋆ ZyCrypto05 / 07 / 2022Balita ng Ethereum ng Bitcoin  anunsyo  Argentinas central bank, the BCRA, has prohibited all financial institutions from offering Bitcoin or other cryptocurrency services to clients.  Ayon sa isang Huwebes anunsyo, the bank noted that the measure was taken in a bid to mitigate the risks associated with cryptocurrencies. It particularly stated that different actors involved in operations with these assets were not established in the country, which could generate departures from the general regulations of the BCRA.  “Financial entities may not carry out or facilitate their clients to carry out operations with digital assets, including crypto assets and those whose yields are determined based on the variations that they register, that are not regulated by national authority and authorized by the Bank.” Nabasa ang anunsyo.  The anouncement comes on the heels of a $45 billion bailout deal with the International monetary Fund (IMF) in March containing a wild clause that sought to rip cryptocurrencies.  The deal, which sought to ameliorate Argentina‘s debt situation, was accompanied by a letter of intent signed by the central bank president and Economy minister. The said letter assured the IMF of Argentina’s commitment “to discourage the

2022-05-07Industriya

The Future of Transportation Is a Lot More Than Tesla. How to Invest. - BitcoinEthereumNews.com

KabuhayanThe Future of Transportation Is a Lot More Than Tesla. How to Invest.05 / 07 / 2022Balita ng Ethereum ng Bitcoin  We once thought the future of transportation meant George Jetson‘s flying car. Instead, we got Elon Musk’s Tesla—the company and the electric car—whose twin successes jolted the global automotive industry and are speeding the (eventual) demise of the internal combustion engine.  One might think, from the stock market or Twitter, that Tesla and electrification are the only things that matter today in the world of transportation. But theres a lot more to the story, including autonomous driving, ride-sharing, robotics, and mobility…

2022-05-07Industriya

Top Trader Capo Issues Warning About Bitcoin (BTC) and Altcoins As Crypto Markets Suffer Downtick in Price - BitcoinEthereumNews.com

Bitcoin cryptoBabala sa Mga Nangungunang Trader Capo Tungkol sa Bitcoin (BTC) at Altcoins Habang Nagdurusa ang mga Crypto Markets sa Pagbaba ng Presyo05 / 07 / 2022Balita ng Ethereum ng Bitcoin  A popular crypto strategist and trader thinks that Bitcoin (BTC) and the altcoin markets are poised for a massive correction.  The pseudonymous crypto analyst Capo nagsasabi his 266,300 Twitter followers that Bitcoins “main target” is between $21,000-$23,000.  Bitcoin ay nakikipagkalakalan sa $36,117.66 sa oras ng pagsulat, bumaba ng higit sa 6.5% sa nakaraang linggo.  Capo also thinks altcoins could be on the verge of a major break to the downside.  “Altcoins index is about to break the main support. Next support is 50% lower. Real capitulation below this level.”  The pseudonymous crypto analyst also sabi ni that Ethereum (ETH) will not be spared by his predicted corrective move.  “ETH main target is $1,100-$1,300, and thats 50%, not 70%.”  Sa oras ng pagsulat, Ethereum is changing hands for $2,688, down 2.41% in the past day.  The trader predicts similar losses for SAND, the native token for blockchain-based virtual gaming world The Sandbox. Capo thinks Ang Sandbox will plummet to the $0.95-$1.00 range after bears took out a crucial support area.  SAND, the 44th-ranked crypto asset by market cap, is trading

2022-05-07Industriya

90% of Central Banks Explore Launching CBDCs (BIS Survey) - BitcoinEthereumNews.com

Teknolohiya90% ng mga Bangko Sentral ay nag-explore ng Paglulunsad ng CBDCs (BIS Survey)05 / 07 / 2022Balita ng Ethereum ng Bitcoin  In its most recent research, the Bank of International Settlements (BIS) estimated that nine out of ten central banks explore how to release their own CBDC. Moreover, 50% of those financial institutions are currently developing such products or passing through experiments.  Most Central Banks Are Interested in CBDCs  The international monetary institution – BIS – questioned 81 central banks to determine their stance on CBDCs and how close they are to launching one. Per the results, 90% of the participants inamin they work towards introducing that product. Nearly half of the central banks are in the midst of developing or “runing concrete experiments” on CBDC.  “Globally, more than two-thirds of central banks consider that they are likely to or might possibly issue a retail CBDC in either the short or medium term. Central banks consider CBDCs capable of alleviating key pain points such as the limited operating hours of current payment systems and the length of current transaction chains,” the BIS stated.  Speaking of CBDCs, it is worth mentioning Chinas efforts. Contrarily to cryptocurrencies, the local authorities are highly in favor of the digital

2022-05-07Industriya

‪Ethereum Dominates NFT Market With $8.5 Billion In Q1 2022 Sales ⋆ ZyCrypto - BitcoinEthereumNews.com

Ethereum Mga NFT‪Ethereum Dominates NFT Market With $8.5 Billion In Q1 2022 Sales ⋆ ZyCrypto05 / 07 / 2022Balita ng Ethereum ng Bitcoin  anunsyo  Messari reports that NFT secondary market sales reached new ATH in Q1.  Ethereum continued to outperform in NFT sales volume.  Despite recent reduced sales, NFTs adoption is breaking new grounds.  The Non-Fungible Token (NFT) market has extended strides made last year into 2022. In Q1 of the year, the NFT market reached a new record high of $10 billion in secondary sales volume according to a report by Messari.  Ethereum completely dominated in NFT sales volume  Citing data from the NFT industry data aggregator CryptoSlam, Messari‘s NFT Q1’22 Market Rundown highlighted the market leaders during the period. Of the record-breaking $10 billion secondary market NFT sales, $8.5 billion of the sales volume was chaneled through the Ethereum blockchain.  This figure represents an 84% dominance for the pioneer smart contracts blockchain, Ethereum. The next NFT enabling blockchain by secondary market sales volume was Solana which recorded $700 million in secondary market NFT sales during the period.  Ronin, Avalanche, Flow, and Polygon rounded off the top six blockchains by sales volume. These six blockchains were responsible for 98% of NFT secondary market sales volume in the quarter

2022-05-07Industriya

Fast Growing into the Next Big Thing in DeFi ⋆ ZyCrypto - BitcoinEthereumNews.com

TeknolohiyaFast Growing into the Next Big Thing in DeFi ⋆ ZyCrypto05 / 07 / 2022Balita ng Ethereum ng Bitcoin  anunsyo  Terra is an open-source blockchain-based network for creating stablecoins pegged at their corresponding fiat currencies. Its native tokens are Luna (LUNA) and TerraUSD (UST).  The project was developed by South Korea-based firm Terraform Labs in 2018, being built on Cosmos SDK.  The network has since then welcomed a lot of products which has seen it grow massively within its four years of development, even overtaking the well renowned Binance Smart Chain (BSC).  In late December last year, the total value locked (TVL) in Terra had hit an all-time high of $20 billion in TVL, having risen by 68% from its $11.9 billion value on the 1st of December – a growth that occurred within a month.  Three months later, it has now grown by 55% and shows no signs of slowing down anytime soon. This goes to prove that more crypto enthusiasts and traders in recent times are utilizing the Terra project, especially in the areas of staking and miscellaneous DeFi activities as provided by its product offerings.  As of the time of writing, one of Terras native tokens LUNA has a price of $69.81 with a

2022-05-07Industriya
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