Ang inflation ng US ay nakakatugon sa mga pagtataya dahil muling nagbabanta ang Bitcoin sa $42,000

The Dec. 12 US CPI inflation data revealed that the headline inflation year over year matched the expected result of 3.1%. Similarly, the core inflation year over year did not stray from the predicted 4.0%. These statistics indicate consistency in economic forecasting, demonstrating that the inflationary situation is developing as anticipated by analysts.orasNagtuturoTunaynakaraanPinagkaisahan1: 30 PMCore Inflation Rate MoM NOV0.3%0.2%0.3%1: 30 PMCore Inflation Rate YoY NOV4%4%4%1: 30 PMInflation Rate MoM NOV0.1%0%0%1: 30 PMInflation Rate YoY NOV3.1%3.2%3.1%  US Inflation Data: (Source: Trading Economics)  Against the backdrop of this unfolding inflationary scenario, Bitcoins value broke $42,000 on Coinbase, briefly up 1.8% on the day, before falling back below $42,000.  BTCUSD: (Pinagmulan: Trading View)  The post US inflation meets forecasts as Bitcoin again threatens $42,000 appeared first on CryptoSlate.

2023-12-13Bitcoin

Ang GBP/USD ay nananatiling steady sa paligid ng 1.2550 na ang lahat ay nakatutok sa US CPI

The pound is moving sideways ahead of the US CPI data.  Upbeat UK employment data has provided some support to the Pound  GBP/USD maintains a neutral bias between 1.2500 and 1.2600.  The Sterling is trading without a clear direction on Tuesday, moving both sides of the 1.2550 level, as the market braces for Novembers US CPI reading.  UK Unemployment data supports the Pound  Earlier on Tuesday, the UK Employment report showed that the labour market remains resilient despite the restrictive interest rates, which has provided a fresh impulse to the pair.  Unemployment in the UK has remained flat at a 4.2% rate in October, with the number of jobless workers increasing by 16K, instead of the 20.3K expected by the market.  The pairs rebound, however, has been limited, as traders are reluctant to place significant bets against the US Dollar ahead of the release of the US inflation data.  Consumer prices are expected to have risen at a 3.1% yearly pace, down from the 3.2% pace seen in September. The core inflation is seen steady at 4%. These figures will be watched with interest as they will guide Wednesdays Fed monetary policy decision.  The technical picture shows the pair‘s reversal from last week’s highs losing momentum with intra-day charts

2023-12-13Industriya

Ethereums Pivotal Moment: Experts Foresee Trillions In Inflows; New AI Altcoin Dominates Twitter Conversations

Ethereum, currently the second-largest cryptocurrency by market capitalization, is undergoing a significant juncture. Anticipated substantial capital inflows from upcoming spot ETFs are expected to drive Ethereums price to new heights in the coming years. There are even predictions from some experts suggesting a potential future peak at $42,000. Concurrently, as regards new Defi projects and Top ICOs, an AI altcoin named BorroeFinance ($ROE) is gaining attention on Twitter.  Ethereums Price Insights from Crypto Industry Leaders  According to various forecasts, the price trajectory for Ethereum suggests a rise to $2,851.56 in 2023, $4,224.26 in 2024, and $6,442.41 in 2025.  In the crypto world, influential figures like Hayden Adams, the brain behind Uniswap, and Ryan Sean Adams from; Bankless Ventures, have recently shared some eye-opening insights about Ethereum‘s “intrinsic” value and how a spot Exchange-traded fund (ETF) could shape the blockchain’s future.  Digging into the nitty-gritty, Hayden Adams shed light on Uniswap‘s pivotal role in boosting ETH’s value. His analysis points out that Uniswap essentially rules the roost when it comes to ETH‘s blockspace usage, playing a significant role in the network’s maximum extractable value (MEV).  According to Adams, this dominance isn‘t just for show; it underscores the practical applications being built on Ethereum, driving up its

2023-12-12Ethereum

Ethereum Tests Crucial Support As $6.6 Million Liquidated Near $2,250! Will ETH Price Decline Again?

Bitcoin and Ethereum continue to experience price drops in recent hours, marking a bearish start to the week. While this could be a standard correction ahead of a bull run, similar to patterns observed in past bull markets, there is growing worry about whale investors selling for profit, potentially postponing the anticipated bull phase. Ethereum, in particular, is facing increased liquidations and is approaching a critical support level to test.  ETH Price Prepares To Test $2,100  According to Coinglass, there has been a significant increase in the liquidation of long positions as the price of Ethereum fell sharply from $2,250. In the past three hours alone, long positions valued at over $6.6 million were liquidated as investor confidence declined following the drop from $2,250. In the same vein, Bitcoin also experienced over $15 million in long position liquidations, indicating an ongoing sell-off and the potential for further price declines.  Interest from whale investors in Ethereum has declined, with large-scale transactions reaching a one-month low. IntoTheBlock reports a sharp decrease in the number of large transactions, following the downturn in Ethereums price. Currently, this metric stands at around 2.65K transactions.  Interestingly, as Ethereum‘s price drops, some investors see this as an opportune moment to increase

2023-12-12Ethereum

Mga Positibong Pagtataya ng Ethereum Sa gitna ng Patuloy na Bull Run, Paano ang Everlodge?

Ethereum  Mga Positibong Pagtataya ng Ethereum Sa gitna ng Patuloy na Bull Run, Paano ang Everlodge?  Balita ng Ethereum ng Bitcoin  Ethereum (ETH) has hit an 18-month high with its value, and this recent price movement suggests that bulls could lead the rally in the short run while the crypto could swing much higher during 2024. The price breakout above the $2,000 hurdle gained the attention of whales, triggering this rally.  It‘s worth noting that ETH is currently in a correction, but many analysts seem to be of the opinion that it’s a healthy one.  Everlodge (ELDG) also showcased a similar pattern, as it saw a significant upswing in value since the start of its presale. With the introduction of blockchain and AI-driven elements into the $280 trillion real estate market, its becoming an interesting project to watch.vsichkite  Ethereum (ETH) Broke Past $2,000 in the Past Month – Can It Reach $4,000?  Ethereum (ETH) saw a breakout above the $2,000 range during the past month and, since then, has been heading rapidly in an upward direction. It gained the attention of investors, which was triggered by its rally, and the price continued the momentum supported by a decent buying volume.  The EMAs for Ethereum showcased a golden crossover

2023-12-12Ethereum

Tumaas ng 21% ang Injective Price noong Disyembre at Naabot ang YTD High; Anong sunod?

Injective price prediction says the rally has just begun and more scope for upside is open. The bulls look more aggressive as compared to the bears, so positive momentum may continue in the coming months.  The INJ crypto price is racing toward the supply zone of $25.00, which might act as a barrier for the bulls. If the buyers succeed in taking control over the $25.00 supply zone, it will trigger another phase of the rally.  The analysis suggests that as long as the INJ price holds the $18 level, the bulls will continue their dominance, and the probability of a breakout remains high.  INJ Price Bullish on Multiple Timeframes  The INJ price has turned bullish on a daily, weekly, and monthly time frame chart. It boosted the confidence of the existing investors and also attracted the attention of new participants.  The chart pattern is highly bullish and no signs of weakness are visible. The MACD curve of INJ crypto sustains above the zero line and pointing north indicates bullish momentum may continue. Whereas, the RSI at 68 near the overbought territory tells us that the price may witness minor profit booking.  Konklusyon  The Injective token price prediction is highly bullish for 2024 and suggests new highs

2023-12-11Industriya

Bitcoin price correction hints start of altseason, trader suggests

Bitcoin  Bitcoin price correction hints start of altseason, trader suggests  The Bitcoin (BTC) price recorded a sharp correction on Dec. 11, dipping 7% and wiping out the gains of the past seven days. The strong price correction pushed BTC to a four-month low of $41,329.  A decline in prices of altcoins followed the Bitcoin price correction, many of which recorded double-digit drops. However, market pundits and analysts believe the recent price crash is a part of the ongoing price cycle, and after two months of bullish surge, a correction is no surprise.  Crypto analyst and co-founder of Reflexivity Research Will Clemente said that correction and market volatility shake out weak hands and cool the highly leveraged crypto markets.  BTC just ~doubled in 2 months with no pull backs, a correction is not that surprising.  Corrections shake out “weak hands” and leverage, allowing for a stronger foundation for eventual moves higher.  Bitcoins volatility is a feature, not a bug.  Chill with the leverage https://t.co/BdvvS8KDZU  — Will (@WClementeIII) Disyembre 11, 2023  Crypto trader Remen wrote in an X (formerly Twitter) post that he believes the recent dump could push altcoins into another bull run. He added that it will take a long period of chops for Bitcoin to resume an uptrend, as

2023-12-11Industriya

Nakipagsosyo ang Giant Bitcoin Exchange sa Crypto Company na Conia para Pumasok sa Italian Banking Sector!

Balita ng Ethereum ng Bitcoin  The new partnership between Conio, a crypto wallet provider backed by Poste Italiane and Banca Generali, and Coinbase, the largest US crypto exchange, aims to bring more digital assets to the Italian banking sector.  Conio and Coinbase Join Forces to Offer Crypto Services to Italian Banks  The two companies announced today that they will work together to provide liquidity and custody solutions to institutions that want to offer crypto products to their customers.  Conio, which has over 400,000 users, will expand wallet support to include up to 50 tokens by the end of 2023, using Coinbase Prime as its liquidity provider.  Conio, which was founded in 2015 and claims to have produced the first multi-Bitcoin wallet for smartphones in Italy, is also involved in the Euro Token project, an initiative led by the Bank of Italy to explore the potential of issuing a digital euro on the blockchain.  Orlando Merone, Conios chief executive, said the company was expanding its custody capabilities to meet demand from Italian banks looking to get more into the digital assets market.  He added that Conio has added support for Ethereum Virtual Machine (EVM) chains, which are compatible with the Ethereum network and host many popular tokens and

2023-12-11Industriya

Solana memecoin Bonk flips Pepe following 370% monthly gain

TA Solana-based dog-themed memecoin called Bonk (BONK) has now become the third-largest memecoin by market capitalization, surging past that of fellow memecoin Pepe (PEPE) on Dec. 8.  Bonk‘s recent price growth — 370% in the last month — has seen its market cap grow to $762 million, compared to Pepe’s current $675 million market cap, per CoinGecko data.  In the past 30 days, BONK has grown from $0.0000028 to $0.000012 as traders rushed to capitalize on a new wave of interest in the Solana ecosystem.  Bonks rapid uptick in price also outpaced the growth of other more well-established dog memecoins such as Shiba (SHIB) and Dogecoin (DOGE), which posted respective gains of 20% and 35% in the same time frame.  At the time of publication, Bonk has become the third-largest memecoin, coming in behind the second-largest Shiba Inu, and the largest, Dogecoin, which command market caps of $6 billion and $14.4 billion, respectively.  Bonk‘s gains can be attributed to several factors, including being listed on centralized exchanges such as Binance and KuCoin. Additionally, futures data shows a sizeable increase in open interest over the past month, meaning that traders are buying and selling high volumes of Bonk derivatives, which only add to the volatility of

2023-12-11Industriya

Australian Dollar extends its losses on a negative sentiment

Balita ng Ethereum ng Bitcoin  balita ng 以太坊 ng 比特币  Australian Dollar continues to move downward on the firm US Dollar.  澳元继续因美元坚挺而下跌。  Australias chief policymaker Michele Bullock will deliver a speech on Tuesday.  澳大利亚首席政策制定者米歇尔·布洛克将于周二发表讲话。  Chinas CPI declined by 0.5% in November both monthly and yearly.  11月份中国cpi环比下降0.5%,同比下降0.5%。  US NFP rose by 199,000 in November against the previous rise of 150,000.  美国 11 月份 nfp 增加 199,000,前值增加 150,000。  The Australian Dollar (AUD) seems to extend its losses on Monday. The robust employment figures in the United States (US) bolstered the Greenback on Friday, exerting downward pressure on the AUD/USD pair. Furthermore, worries about deflation in China, coupled with a Consumer Price Index (CPI) and Producer Price Index (PPI) that fell short of expectations, contributed to a selling spree on the Australian Dollar (AUD).  澳元(aud)周一似乎延续跌势。美国强劲的就业数据周五提振了美元,给澳元/美元带来下行压力。此外,对中国通货紧缩的担忧,加上消费者价格指数(cpi)和生产者价格指数(ppi)低于预期,导致澳元(aud)遭到抛售。  Australias chief policymaker Michele Bullock, the Governor of the Reserve Bank of Australia (RBA), is scheduled to deliver a speech on Tuesday. The RBA opted to maintain the cash rate at 4.35% at its December meeting. While the RBA maintains a tightening bias, recent economic indicators suggest a likelihood of no further rate hikes in the near future.  澳大利亚首席政策制定者、澳大利亚储备银行(rba)行长米歇尔·布洛克定于周二发表讲话。澳大利亚央行在 12 月会议上选择将现金利率维持在 4.35%。尽管澳洲联储维持紧缩倾向,但近期经济指标表明近期可能不会进一步加息。  US Bureau of Labor Statistics (BLS) revealed on Friday that Novembers US Nonfarm Payrolls (NFP) exceeded market forecasts. Simultaneously, the

2023-12-11Industriya
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