Pinakabagong Balita sa Crypto at Market Updates

Ethereum Is In A Horizontal Trend While Facing Rejection At $1,893

Ethereum　　Ethereum Is In A Horizontal Trend While Facing Rejection At $1,893　　Balita ng Ethereum ng Bitcoin　　Nob 05, 2023 sa 08:59 /Presyo　　The price of Ethereum (ETH) remains in an uptrend, hovering above the $1,846 breakout level. Cryptocurrency price analysis brought by Coinidol.com.　　Pangmatagalang pagsusuri ng presyo ng Ethereum: bullish　　Furthermore, the largest altcoin is oscillating below the resistance level of $1,893. Since October 24, the upswing has ended and the altcoin has returned to a horizontal pattern. Ether is now trading in a limited range. On a positive note, Ether is showing extended candlestick wicks, indicating that it is under strong selling pressure at higher price levels. It is unlikely that the cryptocurrency will continue to rise.　　A break above the resistance at $1,897 would mean the continuation of an uptrend. On the downside, Ether remains in a bullish trend zone as long as buyers defend the $1,836 breakout level. Should the bears break below the $1,836 support, the current bullish gains will fade and selling pressure will return.　　Analysis of the Ethereum indicators　　The rally has stopped and the Ether price is moving horizontally as a result. On a shorter time frame, the moving average lines are horizontal and are above and below the price bars.

2023-11-05Ethereum

Ethereum Experts Touts Real World ETH Use Case

Ethereum　　Ethereum Experts Touts Real World ETH Use Case　　Balita ng Ethereum ng Bitcoin　　In addition to surging in price on crypto exchanges last month, Ethereum mainnet recently reclaimed dominance over its Layer-2 chains in daily transaction volume, according to data from L2Beat.　　Bloomberg crypto analyst Jamie Coutts kamakailan sinabi,　　“Public blockchains hold immense potential for empowering global citizens.”　　The most popular apps on Ethereum are for decentralized finance and trading cryptocurrencies. But that‘s not all Ethereum’s hash-powered smart contract platform can do.　　Ethereum Powered Supply Chain Management　　Ethereum expert Paul Brody, the author of “Ethereum for Business,” says blockchain can help optimize and de-risk supply chains. The peer-to-peer networks programmable, hashed tokens can provide an efficient solution for supply chain management.　　Heres how he says Ethereum can play a role:　　“For most consumer products the value proposition around traceability is in the prevention of fraud and the verification of sources. For many other markets traceability provides additional authenticity and an ability for consumers to trace the history of a product.”　　For example, the peer-to-peer blockchain can efficiently and reliably keep track of order batches for the pharmaceutical industry:　　“The case for traceability gets firmer as you delve into products like pharmaceuticals, for which counterfeiting are potentially life-and-death issues. In these cases,

2023-11-05Ethereum

Tinutukoy ng Ripple CLO ang mga pagpigil sa pagpapatupad ng SEC

Ripple‘s Chief Legal Officer, Stuart Alderoty, recently drew attention to a significant ruling by the United States Court of Appeals for the Second Circuit that restrains the SEC’s authority to pursue disgorgement. This ruling has sparked conversations within legal circles, especially against Ripple‘s ongoing litigation. The decision mandates that the SEC demonstrate actual financial harm to investors before seeking disgorgement, resonating with the Supreme Court’s stance in Liu v. SEC.　　Moreover, the debate intensifies as industry experts weigh in. Australian lawyer Bill Morgan questions the evidence of financial harm to institutional investors in XRP, humorously pointing to the high-speed transactions enabled by Ripple‘s technology as a deterrent to potential loss. Steven Nerayoff, a former Ethereum adviser, shifts the focus onto the SEC’s conduct, proposing that the agency‘s actions could potentially inflict financial damage, thus spotlighting the debate on officials’ qualified immunity.　　Additionally, Morgan and Nerayoff delve into the SEC‘s motives, scrutinizing the agency’s invitation to companies for open dialogue. They suggest that such invitations could be misleading if the SECs ultimate goal were litigation rather than assistance. This notion, if supported by evidence, could have significant implications for how regulatory intentions are perceived and challenged in court.　　Hence, the discussion extends to the

2023-11-05Industriya

Cardano (ADA), Polkadot (DOT) Collaboration Might Be Good News: Opinion

As Cardano (ADA) migrates toward adoption of Polkadots (DOT) tech for its partner chains, both DOT and ADA communities might benefit　　As Cardano (ADA) announces the start of exploring Polkadots framework Substrate for partner chains, both ecosystems might benefit from this choice, a pseudonymous researcher says.　　Cardano (ADA) starts working on Substrate, heres why　　Cardano (ADA) is using Polkadots framework Substrate for building its ecosystem of interconnected “partner chains,” with the privacy project Midnight to start with. Web3 researcher who goes by @0xgoku_ on X (formerly Twitter) stresses that Cardano (ADA) preferred “the best available flexible, robust, battle-tested tech stack” over “reinventing the wheel” after four years of experiments.　　According to an official statement by Input Output Global, the firm is drawing upon Parity Technologies Substrate stack as a base, extending it with trustless integration to Cardano and contributing a set of composable Substrate components (known as “pallets”) to unlock the potential of partner chains.　　As per the analyst, Polkadot SDK was chosen thanks to its equilibrium between liveness and safety, better decentralization parameters, advanced interoperability between various elements and so on.　　Compared to Cosmos SDK, another stack of cross-chain instruments, the stack chosen by Cardano (ADA) looks chain-agnostic and successfully addresses the shared sequencer dilemma,

2023-11-05Industriya

Ethereum Whale Withdraws 8,698 ETH From Binance, Heres Reason

Larawan ng pabalat sa pamamagitan ng www.freepik.com　　Disclaimer: Ang mga opinyon na ipinahayag ng aming mga manunulat ay kanilang sarili at hindi kumakatawan sa mga pananaw ng U.Today. Ang impormasyon sa pananalapi at merkado na ibinigay sa U.Today ay inilaan para sa mga layuning pang-impormasyon lamang. Ang U.Today ay hindi mananagot para sa anumang pagkalugi sa pananalapi na natamo habang nangangalakal ng mga cryptocurrencies. Magsagawa ng iyong sariling pananaliksik sa pamamagitan ng pakikipag-ugnayan sa mga eksperto sa pananalapi bago gumawa ng anumang mga desisyon sa pamumuhunan. Naniniwala kami na ang lahat ng nilalaman ay tumpak sa petsa ng paglalathala, ngunit maaaring hindi na available ang ilang partikular na alok na binanggit.　　Ayon sa tagabigay ng data ng on-chain Lookonchain, a cryptocurrency address with a substantial crypto balance regarded as a whale initiated a withdrawal of 8,698 ETH from Binance, one of the worlds largest and most well-known cryptocurrency exchanges.　　The intent was to buy more ETH, according to Lookonchain. In achieving this, the whale deposited 31.8 million USDT to Binance and withdrew 8,698 ETH worth $15.94 million. The imbalance in both transactions could imply that the whale bought other assets or engaged in other activities.　　Depositing assets on an exchange frequently implies a willingness

2023-11-05Ethereum

Binasag ng Bitcoin ang Mga Pangunahing Antas ng Paglaban: Isang Teknikal na Pananaw para sa Nobyembre

Balita ng Ethereum ng Bitcoin　　Bitcoin (BTC) showcases a bullish stance as it pierces through significant trend channels.　　An optimistic volume balance suggests growing investor confidence in the crypto giant.　　“RSI levels indicate high momentum, a precursor to potential pullbacks,” experts warn.　　Explore the technical nuances shaping Bitcoins price trajectory in this comprehensive analysis for early November.　　Short-Term Analysis: Bitcoin Gears Up for Potential Rally　　Breaking free from a rising trend channel, Bitcoin signals a moderated ascent or a transition to more lateral movement in the short term. The approach towards the support at 34,000 points may invoke a bullish response, yet a descent below this threshold could flip the narrative to a bearish tone. An impressive RSI above 70 echoes the short-term optimism, predicting further upswings for Bitcoin. Despite this, seasoned traders stay wary of overbought conditions that could lead to a price correction. Currently, Bitcoin garners a short-term technical recommendation of Positive.　　Medium-Term Prospects: Investors Eye a Continued Uptrend　　A leap from a relatively flat trend channel marks a significant milestone for Bitcoin in the medium term, hinting at an ascending trajectory after a period of accumulating investor interest. The cryptocurrency‘s breakthrough past the resistance at 32,309 points, coupled with its exit from a rectangular formation,

2023-11-05Industriya

Cardano (ADA) Introduces Partner Chains, Heres Why It Matters

Balita ng Ethereum ng Bitcoin　　Larawan ng pabalat sa pamamagitan ng www.freepik.com　　Disclaimer: Ang mga opinyon na ipinahayag ng aming mga manunulat ay kanilang sarili at hindi kumakatawan sa mga pananaw ng U.Today. Ang impormasyon sa pananalapi at merkado na ibinigay sa U.Today ay inilaan para sa mga layuning pang-impormasyon lamang. Ang U.Today ay hindi mananagot para sa anumang pagkalugi sa pananalapi na natamo habang nangangalakal ng mga cryptocurrencies. Magsagawa ng iyong sariling pananaliksik sa pamamagitan ng pakikipag-ugnayan sa mga eksperto sa pananalapi bago gumawa ng anumang mga desisyon sa pamumuhunan. Naniniwala kami na ang lahat ng nilalaman ay tumpak sa petsa ng paglalathala, ngunit maaaring hindi na available ang ilang partikular na alok na binanggit.　　Input Output Global (IOG), Cardanos parent company, has introduced a new framework that will bolster innovations on the blockchain network. The new framework, dubbed Partner Chain, was unveiled at the Cardano Summit 2023 in Dubai, and according to Charles Hoskinson, this innovation is poised to revolutionize how new blockchains are launched in Web3.0.　　Partner Chains will be launched and operated through the combination of “modular blockchain technology with Cardanos proven security, liquidity, and reliability.” While it will be compatible with most blockchains, its operations will not feature specific

2023-11-05Industriya

Discover How Block Surpassed Expectations With Bitcoin Revenue

Balita ng Ethereum ng Bitcoin　　After Block reported better-than-expected third-quarter earnings, the company saw its stock price rise over 20% to more than $52 after market close.　　The strong performance was largely attributed to a 37.5% annual growth in Bitcoin revenue through Blocks main product, Cash App.　　Excluding Bitcoin revenue, Cash App revenue increased 26% annually to $1.16 billion. The companys other payment platform, Square, reported revenue of $1.98 billion, marking an 8% annual increase.　　The fintech company led by former Twitter CEO Jack Dorsey, Block, has released its 3rd-quarter reports: The companys Bitcoin revenues are on the rise!　　Block Releases 3rd Quarter Reports　　Block, formerly known as Square, announced its 3rd-quarter earnings, which surpassed expectations and caused its stock price to increase by over 20% to more than $52 after the markets close.　　The company reported a net revenue of $5.62 billion, indicating a 24% increase compared to the same period last year. Additionally, the adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) was reported as $477 million, marking a 32% increase compared to the same period last year.　　The strong performance was largely attributed to a 37.5% annual growth in Bitcoin revenue through Block‘s main product, Cash App. This boosted Block’s revenue to $2.42 billion

2023-11-05Industriya

Ang pag-aampon ng Blockchain ay patuloy na walang tigil — analyst ng Bloomberg

Should the current rate of adoption continue, blockchain technology could have 100 million daily users by 2028, according to projections by Bloomberg Intelligence analyst Jamie Coutts.　　On X (formerly Twitter), Coutts pointed out that blockchain adoption has been “unabated” throughout bull and bear markets over the past years. “Not having exposure to one of the largest structural trends of the next decade could be costly,” said the analyst.　　Daily active addresses exceed 5 million in the third quarter of 2023, up 14% from 2022, according to Coutts, while quarter-on-quarter growth has averaged 29% since 2019. “If we apply a more moderate 20% QoQ growth rate then we could reach 100 million daily users by 2028.”　　Bear market/Bull market, adoption of #blockchain technology continues unabated. Not having exposure to one of the largest structural trends of the next decade could be costly.　　5 milyon araw-araw #crypto users today, is likely to be 100m in less than 5 years.　　— Jamie Coutts CMT (@Jamie1Coutts) Nobyembre 3, 2023　　Coutts compared blockchain rate adoption with PayPals rate growth. According to him, it took the fintech giant 13 years to reach 100 million daily users. “If Ethereum was day zero for smart contracts (2015) then it may take a similar time

2023-11-05Industriya

Abangan ang Napakalaking Token Unlock na ito sa Nobyembre

The market is getting ready for yet another month of token unlocks. Data suggest that there were substantial unlocks exceeding $10 million in November, featuring tokens such as SUI, IMX, HFT, APT, APE, AVAX, OP, and others.　　Nearly $400 million worth of assets will enter circulation following the unlock events.　　Token Unlock: November Edition　　According to the TokenUnlocks website, SUI is the first token to be unlocked this month on November 3rd. These newly unlocked tokens – 34.62 million SUI worth around $15.9 million – are earmarked for allocation to the Community Access Program.　　The next big unlock is for Aptos on November 12th – the layer 1 blockchain developed by former Meta executives – during which 24.8 million APT tokens will be released. The event is notable since core contributors, investors, the community, and the Aptos Foundation are all slated to receive portions of this release.　　ApeCoin (APE) is scheduled for 17th November during which 15.60 million APE tokens will be unlocked worth around $121.22 million in current price.　　Layer-1 blockchain, Avalanches native token, AVAX is also gearing up for a token unlock later on November 24th. 9.54 million AVAX tokens, valued at around $9112.50 million at current price, will be released.　　Optimism (OP) is the

2023-11-05Industriya

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