Pinakabagong Balita sa Crypto at Market Updates

Bitcoin new high set for late 2024, Binance to lose top spot — VanEck

Bitcoin (BTC) will hit a new all-time high in late 2024 because of a long-feared United States recession and regulatory shifts after the next U.S. presidential election, asset manager VanEck predicts.　　On Dec. 8, VanEck made 15 crypto predictions for 2024, including price forecasts, the timing of spot Bitcoin exchange-traded fund (ETF) launches, the impact of the Bitcoin halving, and emerging dominant crypto platforms.　　VanEck 15 Crypto Predictions for 2024　　Prediction #1. The US recession will finally arrive, but so will the first spot #Bitcoin ETFs. Over $2.4B may flow into these ETFs in Q1 2024 to support Bitcoins price.　　— VanEck (@vaneck_us) Disyembre 7, 2023　　VanEck is among several firms, including BlackRock and Fidelity, that are vying for an approved spot Bitcoin ETF, as well as a spot Ethereum ETF.　　$2.4 billion to flow into Bitcoin ETFs in Q1　　VanEck is confident that the first spot Bitcoin ETFs will be approved in the first quarter of 2024. However, it also had a gloomy prediction for the U.S. economy.　　“The US recession will finally arrive, but so will the first spot Bitcoin ETFs,” it stated before predicting that “more than $2.4 billion may flow into these ETFs in Q1 2024 to support Bitcoins price.”　　The firm also stated that

2023-12-09Bitcoin

Ikatlo ng Supply na Hindi Nabebenta Mula Noong 5+ Taon

On-chain data shows about a third of the total circulating Bitcoin supply hasnt seen any movement on the blockchain since over five years ago.　　Bitcoin Supply Grows More Dormant As HODLing Continues　　Sa isang bagong magpaskil on X, analyst James V. Straten shared a chart showing how the Bitcoin supply held by the different long-term holder segments has changed over the assets history.　　The “long-term holders” (LTHs) refer to those investors who have been holding onto their coins since at least 155 days ago. The holders who own coins with an age less than this threshold are known as the “short-term holders” (STHs).　　Statistically, the longer a holder keeps their coins dormant, the less likely they become to move them at any point. Due to this reason, the LTHs are the more resolute group of the two, rarely selling their Bitcoin and staying strong even in times of significant losses or profits.　　Now, here is a chart that shows the trend in the supply carried by specific bands of the LTHs, starting from the 1+ year segment:　　Looks like all of these metrics have registered a rise in recent days | Source: @jimmyvs24 sa X　　As mentioned before, coins only become more likely to remain unsold the

2023-12-09Industriya

Bitcoin Metric Signals 800% Price Boom

Crypto analyst and trader Ali Martinez have taken to Twitter to share an optimistic outlook on Bitcoin, highlighting another bullish confirmation signal. He observes a positive trend for Bitcoin (BTC) through the realized price metric, indicating potential market growth.　　Bullish Momentum ng Bitcoin　　According to Martinez, this particular bullish signal has proven its potency over the past three years, consistently driving Bitcoin to achieve remarkable new price highs.　　Kung sakaling kailangan mo ng isa pang bullish confirmation signal!#Bitcoin Nahigitan na ngayon ng Realized Price ang Long-Term Holder Realized Price, na nagpapahiwatig na ang #crypto market ay nakakakuha ng momentum, na may mga bagong mamumuhunan na handang bumili sa mas mataas na presyo.　　Ito ay makikita bilang isang… 　　— Ali (@ali_charts) Disyembre 6, 2023　　The realized price represents the average price of all circulating Bitcoins, calculated by their last movement, while the long-term holder realized price focuses on the average acquisition price of Bitcoins untouched for at least five months.　　Meanwhile, Martinez interprets this development as a bullish sign, suggesting a growing influx of new investors willing to buy at higher prices. He states, The crypto market is gaining momentum, with newer investors willing to buy at higher prices.　　This can be seen as a bullish sign, showing

2023-12-09Bitcoin

Prediksiyon ng Presyo ng JITO (JTO) 2023-2030: Malapit na bang Pumatok ang Presyo ng JTO sa $10?

Bullish JITO (JTO) price prediction ranges from $6 to $12.　　Analysis suggests that the JITO price might reach above $10.　　The JITO bearish market price prediction for 2023 is $2.6.　　What is JITO (JTO)？　　Jito Network is a liquidity staking platform built on Solana. It is a major contributor to the Solana ecosystem through its JitoSOL liquid staking pool and its collection of MEV products. Users can exchange their SOL for JitoSOL. In return, holders get the chance to maintain SOLs liquidity and DeFi opportunities while earning yield from staking. Furthermore, JitoSOL provides its holders with additional rewards from transaction revenue associated with MEV extraction on Solana.　　Maximum extractable value (MEV) describes profit opportunities attributable to the specific order of transaction execution. For example, a large swap on Orca can lower the pools price below that of Raydium or Serum. Traders will race to profit from that price difference and this arbitrage is considered MEV.　　The Jito Foundation was created to minimize the negative impacts of MEV, equitably distribute the profits, and increase transparency. Jito published an open-source validator client designed to create a competitive market for MEV extraction. The client enables auctions within each block for the opportunity to capture that blocks MEV. Traders submit

2023-12-09Industriya

Ang ginto ay bumalik sa isang pangunahing lugar ng suporta pagkatapos ng mataas na data ng pagtatrabaho sa US

Gold pulls lower as US Nonfarm Payrolls increase above expectations in November.　　The Precious metal is testing recent lows amid a stronger US Dollar.　　Higher US yields are expected to support the Dollar and weigh on Gold.　　Gold price (XAU/USD) has been pulled lower ahead of Friday‘s European session opening, as the US Nonfarm Payrolls (NFP) report, beat expectations, which has cooled investors’ hopes that the Federal Reserve (FED) might stsar cutting rates ahead of schedule.　　Nonfarm employment increased in the US In November with 199,000 new jobs, following a 150,000 increase in October, and beating market expectations of a 180,000 reading. Beyond that, wage inflation accelerated at a 0.4% pace, from the 0.2% seen last month.　　These figures offset the impact of the US JOLTs openings and the ADP employment report seen earlier this week and cast doubt about the possibility that the Fed starts rolling back its tightening cycle in March. According to the CME Group Fed Watch tool, chances of a 25 bps cut in March have declined below the 50% level from 55% ahead of the data release.　　This is providing a fresh impulse to US Treasury yields and dragging the US Dollar higher. In a short while, the University of Michigan

2023-12-09Industriya

Ang GBP/USD ay bumagsak sa malakas na data ng US Nonfarm Payrolls, may mata na 1.2500

GBP/USD traded volatile in the data release, though resumed its downtrend.　　US Nonfarm Payrolls figures exceeded estimates; hence traders priced out one Fed rate cut for 2024.　　Traders are eyeing the release of the University of Michigan Consumer Sentiment poll. 　　The GBP/USD dives 0.50% in early trading during the North American session, sponsored by news showing the economy in the United States (US) remained resilient as the workforce added more jobs than expected. At the time of writing, the major trades at 1.2505, after trading volatile within 1.2578/1.2511 at the news release.　　US economy remains stronger than expected, hence the GBP/USD tumbles to new weekly lows　　The US Bureau of Labor Statistics (BLS) revealed that 199K jobs were created in November, according to the Nonfarm Payrolls report. Market participants estimated a 180K increase, mainly driven by healthcare gains and auto workers. Digging into the data, the Unemployment Rate ticked lower from 3.9% to 3.7%. Average Hourly Earnings rose as the expected 4% on yearly readings, while month-over-month figures were up to 0.4% from 0.2% a month earlier.　　Following the data release, trades had paired US Federal Reserves rate cut expectations for the following year. According to data from the Chicago Board of Trade (CBOT), 120

2023-12-09Industriya

Ethereum Eyes Breaking Above $2386 Level as Price Rallies

Balita ng Ethereum ng Bitcoin　　Sa oras ng pagsulat, ang ETH ay nakikipagkalakalan sa $2357, tumaas ng 5.41% sa huling 24 na oras.　　If the price manages to go above $2386 level, then it will likely test $2724.　　The altcoins have capitalised on the recent bullish momentum while bitcoin price witnessed a brief correction. The Ethereum price has reached its highest point in over 18 months. It wasnt until early May 2022 that ETH traded above this level.　　Cryptocurrencies are a new danger to the US, according to Senator Elizabeth Warren, who has often spoken out strongly against them. Her remarks, which she delivered on December 7 during an interview on CNBCs Squawk Box, align with the opinions of Jamie Dimon, the CEO of JPMorgan, who has been a strong proponent of closing down the cryptocurrency industry.　　The purported use of cryptocurrency to fund terrorism, drug trade, and by rogue nations was the main topic of Warrens speech.　　After five years of inactivity, a long-dormant Ethereum whale recently transferred almost $90 million worth of ETH to the cryptocurrency exchange Kraken, sparking debate among experts. Kraken received a deposit of 39,260 ETH from the whale. At one point in 2017, this address had received 47,260 ETH, which

2023-12-09Ethereum

Unemployment among Asian workers, Black men rises in November

Commuters arrive at the Oculus Center in Manhattan, New York City, on Nov. 17, 2022.　　The labor market deteriorated for both Asian and Black workers in November, according to data released Friday by the U.S. Department of Labor.　　The overall unemployment rate declined 0.2% to 3.7% last month, against a forecast that it would hold steady at 3.9%. Overall, the labor force participation rate ticked up to 62.8% alongside a surge of 532,000 workers into the labor force.　　For white Americans, the jobless rate fell 0.2 percentage points to 3.3%. Hispanic Americans also saw their unemployment rate slip 0.2 percentage points to 4.6%.　　On the other hand, Asian Americans saw a 0.4 percentage-point jump in the unemployment rate to 3.5%. This was accompanied by a decline in the participation rate for Asian workers to 65% from 65.3% in October.　　“That uptick in unemployment is not because more Asian workers are flooding into the labor market, feeling optimistic about getting jobs. Its actually accompanied by a fall in participation as well as a fall in employment,” Elise Gould, senior economist at the Economic Policy Institute, told CNBC.　　The unemployment rate for Black Americans — the demographic with the highest jobless percentage in the U.S. — held steady

2023-12-09Industriya

Can Bitcoin Price Reach $50,000 Next Week? What Do the Data Say?

Balita ng Ethereum ng Bitcoin　　ETF speculation and other factors have led to over a 22% increase in Bitcoin price in a month, triggered by the loose policy of the US Federal Reserve.　　Another popular analyst mentioned on Binance Spot that “bids are being sold and filled.” Despite clearing open positions on Binance and Bybit, bids are pulling the price upwards.　　Julio Moreno, the Head of Research at CryptoQuant, pointed out that some on-chain metrics indicate that BTC price has become ‘overheated’ after the recent rally.　　Expectations for spot Bitcoin ETFs and other factors are strengthening the Bitcoin price: will the target of $50,000 be achieved？　　Aabot ba sa $50,000 ang Presyo ng Bitcoin？　　Rising speculation about spot Bitcoin ETFs and other factors have caused Bitcoins price to rise by over 22% in a month, triggered by the loose policy of the US Federal Reserve. Popular analysts noted that the buying opportunity around the key support level of $43,000 is being evaluated by retail investors after a rally led by institutional investors. Will BTC price surpass $50,000 next week？　　Popular analyst CredibleCrypto revealed in his recent post on X that $30 million worth of spot purchases emerged from near support levels. He had previously predicted that Bitcoin

2023-12-09Bitcoin

Ano ang ginagawa ng mga may hawak ng Ethereum habang tumatawid ang ETH sa $2.3K

Ethereums top addresses display different accumulation patterns　　以太坊的顶级地址显示出不同的积累模式　　Pinagmulan: Santiment　　来源：情绪　　Ethereum breaks into new price range　　以太坊突破新价格区间

2023-12-09Industriya

...

211213

...

1000