Pinakabagong Balita sa Crypto at Market Updates

Coinbases Layer 2 Base Sees Impressive Uptick in Token Holders But Theres More to the Story

Balita ng Ethereum ng Bitcoin　　Coinbase launched Base as an Ethereum layer-2 network earlier this year, marking a milestone as the first publicly traded company to launch such a network. Since making the network available for everyone on August 9, Base has witnessed significant growth.　　New data suggest increased token holders on the Base ecosystem.　　According to the crypto analytic platform, Intotheblock, the number of holders of various tokens on the layer 2 network has been steadily increasing.　　Lesser known tokens such as Echelon Prime (PRIME), and Aero (AERO) have topped the chart recording 16.83k and 7.77k addresses on Base.　　In the past few months, Base has collaborated with several industry players, including Chainlink.　　Bases rise in popularity can be attributed to the debut of the decentralized social media platform Friend.tech which not only drew in a considerable number of new users but also captured the attention of numerous influential celebrities.　　Additionally, the launch of the decentralized exchange Aerodome on Base acted as another driving force, successfully pushing the total value locked (TVL) on the layer-2 network beyond $400 million.　　However, following an explosive surge as well as retail rush, the overall activity on the Base blockchain has gradually tapered off.　　Since August 25, 2023, there hasnt been a

2023-11-02Industriya

Ang Worldcoin app ay lumampas sa 4 na milyong pag-download

Balita ng Ethereum ng Bitcoin　　Worldcoin (WLD), a cryptocurrency created by OpenAIs CEO, Sam Altman, reported phenomenal success with its World App. However, its World ID system continues to raise privacy concerns.　　Its latest update, shared on November 1, reveals a download rate that has surpassed 4 million since launch. And a user base that has doubled, demonstrating a robust uptake by Worldcoin enthusiasts worldwide.　　Moreover, the company also reported more than 22 million transactions in six months. All were carried out by an average of 1 million monthly active users. Notably, Tools for Humanity (TFH), the company behind Worldcoins development, also reported 500,000 weekly active users in the same period.　　World App now has more than 1 million monthly active users, 4 million downloads and 22 million transactions. Not bad for six months ???? pic.twitter.com/pagXxTfc8E　　— Tools For Humanity (@tfh_technology) Nobyembre 1, 2023　　Worldcoin App success: UX and accessibility　　The app‘s growing demand illustrates the so-called World ID system’s rising stature as a solution for digital payments and digital identification. Interestingly, TFH says it is mainly due to a focus on good user experience (UX).　　On that, a slew of enhancements recently rolled out, propelling the World App‘s UX and facilitating the adoption of Worldcoin’s services on

2023-11-02Industriya

65% of Spaniards aren’t interested in using digital euro

Tech　　65% of Spaniards arent interested in using digital euro　　Balita ng Ethereum ng Bitcoin　　As the Bank of Spain embraces the potential adoption of a digital euro, the country‘s population doesn’t appear to have the same strong appetite for the European Central Banks digital currency project.　　This emerges from the results of a survey published by the Bank of Spain entitled “Study on the habits in use of cash.” The survey was conducted by Ipsos in two groups, totaling 1,600 respondents: the general public and the representatives of small businesses. It also included questions on the digital euro, a potential pan-EU central bank digital currency (CBDC).　　The study revealed that only 20% of the general public knows about a “digital euro.” The number among small businesspeople is roughly the same: 23%. However, this question was posed in 2022.　　In 2023, only 20% confirmed that they would use the digital euro to complement their regular payment methods, while 65% said they would not. A year ago, these numbers favored the CBDC more: In 2022, only 58% responded with a “No” to that question.　　The age group showing the most enthusiasm for the digital euro is the youth (18–24) — 36% of this cohort said they would use

2023-11-02Industriya

Nanghuhula ang Mangangalakal para sa THORChain at Isang Ethereum-Based Altcoin, Nag-update ng Outlook sa Polygon

A widely followed crypto analyst is taking a look at Polygon (MATIC) while predicting upward moves from two altcoins.　　Pseudonymous na mangangalakal ng crypto Altcoin Sherpa nagsasabi his 197,400 followers on the social media platform X that THORChain (RUNE) is ready to move up.　　Pinagmulan: Altcoin Sherpa/X　　THORChain is a decentralized liquidity protocol designed to facilitate the exchange of assets across different blockchain networks without the need for centralized intermediaries, such as traditional crypto exchanges. RUNE is worth $2.86 at time of writing, up 35% in the last week.　　Turning to privacy-focused crypto Blur (BLUR), the analyst palagay BLUR could reach $0.30 despite being down 10% in the last 24 hours.　　Pinagmulan: Altcoin Sherpa/X　　BLUR is worth $0.235 at time of writing, down big in the last day but still up 43% in the last month.　　Sa wakas, Altcoin Sherpa lays out his outlook on the Ethereum (ETH) layer-2 scaling solution Polygon. According to the trader, now may not be the best time to trade MATIC.　　Pinagmulan: Altcoin Sherpa/X　　MATIC is trading for $0.629 at time of writing, down 1.7% in the last 24 hours.

2023-11-01Ethereum

ETH Spikes After Breaking Out From the Falling Wedge, Is There More?

Balita ng Ethereum ng Bitcoin　　Lookonchain tweeted that a whale had made $1.3M in 2 weeks by trading ETH. 　　Ethereum showed jagged movements throughout the past week, before consolidating. 　　ETH breaks out from a falling wedge, but it has not spiked by the height of the falling wedge at the initial stages of its formation.　　Onchain Market Analyst Lookonchain tweeted that a whale had made $1.3M in 2 weeks. The platform stated that the whale spent 8.63M USDT to buy 5,437 $ETH at $1,587 before the price increased on Oct 20. After that, it sold 5,436 $ETH for 9.93M $USDC at $1,827 2 hours ago.　　When looking at the 7-day chart for Ethereum, it could be noted that it had jagged price movements. The coin was trading at $1,784 when the market opened for trading for the week. Late on the first day of the week, ETH reached its maximum price of $1,863 before making lower highs and falling below the opening market price on the third day.　　However, ETH recovered on the fourth day and started to rise above its opening market price for the week. From the fourth day onwards, ETH was moving in the range between $1,780 and $1,820.　　When looking at

2023-11-01Ethereum

BTC, ETH, RUNE, INJ, MINA, PEPE

Ethereum (ETH), the altcoin king, also posted gains over the period as Ethereum price stood at $1.8K as of press time, trading 7.4% above its previous 30-day price.　　Volatility levels on Ethereum Price have been relatively high over the month, as seen from the Bollinger bands movements, which have been far apart according to the monthly charts. The RSI is moving above its average line showing bull dominance over the month on Ethereum price.　　ETH 1-araw na tsart | Pinagmulan: TradingviewPagsusuri ng presyo ng THORChain　　THORChain (RUNE) is also among this months top gainers having posted massive gains over the period as THORChain Price stood at $2.9K as of press time, trading 51% above its previous 30-day price.　　Volatility levels on RUNE Price have been relatively high over the month, as seen from the Bollinger bands movements, which have been far apart according to the monthly charts. The RSI is moving above its average line showing bull dominance over the month on RUNE price.　　RUNE 1-day chart | Source: TradingviewInjective Price analysis　　Injective (INJ) also posted gains over the period as Injective Price stood at $13.9 as of press time, trading 77% above its previous 30-day price.　　Volatility levels on Injective Price have been relatively high over

2023-11-01Ethereum

Vitalik Buterin Explores Ethereums Evolving Layer-2 Landscape

Balita ng Ethereum ng Bitcoin　　On his personal blog, Buterin laid out the present state of Ethereums scaling ecosystem.　　Some layer1 projects are working to integrate more deeply into the Ethereum ecosystem.　　Co-founder Vitalik Buterin believes that Ethereums layer-2 ecosystem will continue to develop with new and interesting technical proposals.　　On his personal blog, Buterin laid out the present state of Ethereums scaling ecosystem, which includes various layer-2 protocols with varying approaches to delivering more scaling capacity, cheaper prices, and higher security.　　Buterin emphasized how rollups of the Ethereum Virtual Machine (EVM) developed by projects like Arbitrum, Optimism, Scroll, and, more recently, Kakarot and Taiko have significantly bolstered the security of their own solutions.　　Integrating More Deep into the Ecosystem　　Polygon and other “sidechain projects” have created their own rollup methods in the meanwhile. Buterin also calls out “almost-EVMs” like zkSync, extensions like Arbitrum Stylus, and zero-knowledge proof pioneers Starknet as key actors in the development of scalable technologies for the ecosystem.　　Buterin points out that some layer1 projects are working to integrate more deeply into the Ethereum ecosystem in the hopes of eventually becoming layer2 projects.　　Given that the technology is not yet at the level where it can be fully integrated in rollup technology, a transfer of

2023-11-01Ethereum

SEC na Posibleng Muling Suriin ang Grayscale Spot Bitcoin Application sa Nobyembre 2 Closed Meeting

Experts continue to speculate on what the SECs next course of action regarding crypto-based ETF applications could be.　　The United States Securities and Exchange Commission (SEC) appears to be gearing up to reexamine Grayscale‘s application to convert its Bitcoin trust into a spot exchange-traded fund (ETF). This comes after a recent decision by the D.C. Circuit Court of Appeals to scrape the regulator’s rejection of Grayscales spot Bitcoin ETF application.　　The court described the SECs rejection decision as “arbitrary and capricious”, in what has been described as a landmark victory for cryptocurrency in general and for crypto-based investment vehicles in particular.　　The SEC has scheduled a meeting on November 2 to discuss matters such as settlement claims, administrative proceedings, resolution of litigation claims, and matters related to examinations and enforcement proceedings. According to the meeting agenda posted to the regulators site, the meeting will be attended by Commissioners, legal counsel to Commissioners, the Secretary to the Commission, and recording secretaries.　　Finance lawyer Scott Johnsson noted that the meeting is the first closed meeting of commissioners since the SEC‘s appeal deadline in the Grayscale expired. He added that while this is a date of interest, there is no guarantee that there will be any news

2023-11-01Industriya

Higit pa sa bilis ng internet: Ang Pilipinas ay nakikipaglaban upang maging pangunahing hub para sa mga digital nomad

Most people often think that adopting a nomadic work lifestyle entail having a stable and speedy internet connection, and with the current internet infrastructure in the Philippines, is this achievable？　　Baybayin Hub Founder Orly Darnayla says it is. In fact, the Philippines has, for years, been making efforts to become an ideal hub for local and foreign remote workers, and one such effort is modernizing infrastructure to ensure that it can provide a reliable and fast internet connection not only at the heart of Metro Manila but even in far-flung regions.　　This effort did not go unnoticed. In 2022, the Philippines was hailed as having the fifth fastest internet connection in Southeast Asia by internet analysis firm Ookla, placing below Vietnam (4th), Malaysia (3rd), and Thailand (2nd), which are considered to be its rivals in top destinations for remote workers.　　But this is only the beginning for the Philippines, with Darnayla saying that workers could expect greater internet speed with the introduction of Starlink and with telco operators bumping up their offers as competition in the market heats up.　　In an interview with CoinGeek, Darnayla noted that while having a fast, stable internet connection is critical in shaping the country as a digital nomad

2023-11-01Industriya

UNP) Retested $200, Magpapakita ba ang UNP ng Reversal?

United Pacific Corporation (NYSE: UNP) stock shows a double bottom pattern near $200 and is looking for a relief rally. Moreover, the price action indicates that UNP stock has filled the gap near the $200 mark. UNP share price is trading below the significant moving averages and is trying to attain a reversal above the immediate hurdle of $210. Since the last quarter (Q2), UNP stock was in a correction phase and lost the gains from the highs of $240 and has retested the demand zone of $200. Thereafter, UNP stock managed the gains and buyers are showing their willingness to regain the swing highs.　　UNP stock has faced the immediate barrier of $220 and retraced toward the support zone of $200. Bulls, unsuccessfully tried to lift off from the $225 mark amid the Q3 earnings results.　　Per the options chain, at the strike price of $205, open interest of 404 hundred shares on the put side, whereas open interest of 101 hundred shares on the call side ( Data from the Nasdaq.com). This chain indicates the long buildup and buyers are accumulating the stock to retest the neckline of $220.　　At press time, UNP stock price was trading at $205.80 with an

2023-11-01Industriya

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