Tumaas ang US Durable Goods Orders ng 0.2% noong Agosto kumpara sa -0.5% na inaasahan

Pananalapi  Tumaas ang US Durable Goods Orders ng 0.2% noong Agosto kumpara sa -0.5% na inaasahan  17 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Durable Goods Orders in the US rose modestly in August.  US Dollar Index stays in positive territory, closes in on 106.50.  Durable Goods Orders in the US rose 0.2%, or $0.5 billion, to $284.7 billion in August, the US Census Bureau reported on Wednesday. This reading followed the 5.6% decline (revised from 5.2%) recorded in July and came in better than the market expectation for a decrease of 0.5%.  “Excluding transportation, new orders increased 0.4%,” the press release read. “Excluding defense, new orders decreased 0.7%. Machinery, up four of the last five months, led the increase, $0.2 billion, or 0.5%, to $37.8 billion.”  Market reaksyon  The US Dollar preserves its strength after the data. As of writing, the US Dollar Index was up 0.2% on the day at 106.40.

2023-09-28Industriya

US court plans to approve BlockFis liquidation plan

Judge Michael Kaplan plans to approve BlockFis liquidation plan. Therein, some clients will receive partial compensation in Bitcoin (BTC) or Ethereum (ETH).  Depending on the outcome of BlockFis legal battle with FTX exchange and Three Arrows Capital (3AC) hedge fund, unsecured creditors may receive between 35% and 63% of their funds by the end of 2023. The exact amount of compensation is uncertain and could potentially be affected by up to $1 billion.  According to reports on Sep. 26, Michael Kaplan also said he will reject the objections raised by the U.S. Department of Justice‘s bankruptcy watchdog regarding the termination of BlockFi’s senior management in the liquidation plan.  On Nov. 11, 2022, BlockFi suspended withdrawals following the turmoil in FTX and Alameda Research.  A few days prior, Flory Marques, the platform‘s founder, had reassured clients that their products were functional and the business was free from Sam Bankman-Fried’s companies.  Less than three weeks after suspending withdrawals, BlockFi and eight subsidiaries filed for bankruptcy under Chapter 11 of the U.S. Bankruptcy Code.  In May 2023, the court permitted BlockFi to return $300 million to customers with funds held in custodial accounts. However, the court did not recognize this amount as the platforms property. After a failed attempt

2023-09-28Industriya

Pinagbawalan ng Major UK Bank ang Crypto Payments

crypto  Pinagbawalan ng Major UK Bank ang Crypto Payments  13 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Alex Dovbnya  Banking giant Chase set to enforce ban on crypto-linked payments within its UK operations  Banking behemoth Chase ay nagpasya to prohibit crypto-linked payments for its clients in the United Kingdom.  This new development has been communicated to customers via email and is part of the banks broader strategy to protect its clients from fraudulent activities and scams associated with crypto assets.  Safeguarding against crypto fraud  According to the email, Chases policy shift is aimed at safeguarding customer funds from the increasing risk of fraud and scams that leverage crypto assets to illicitly obtain substantial sums of money.  Starting from Oct. 16, any payment that is suspected to be related to crypto assets will be declined by the bank.  The bank has cautioned its customers that retrieval of funds is not guaranteed in case the transaction is fraudulent or scam-related.  Young, wealthy, crypto-skeptical  Since its U.K. launch in 2021, Chase has attracted over a million customers, predominantly younger and affluent individuals. The new policy banning crypto-linked payments is unlikely to seriously upset its current customer base.  According to a recent YouGov survey, a significant proportion of Chase‘s client base, mostly financially secure and literate, remains

2023-09-28Industriya

LIVE na ang Legends of the Mara! Game Guide: Mastering the Otherdeed Realms

Tech  LIVE na ang Legends of the Mara! Game Guide: Mastering the Otherdeed Realms  17 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Journey into the captivating world of “Legends of the Mara” (LOTM), where the allure of card games effortlessly combines with the engagement of idle tapping. In the open beta phase of LOTM, you and your Otherdeed inhabitants are pitted against the menacing Shattered, formidable adversaries birthed from fragmented Vessels.  This experience goes beyond just battling; it encompasses the lifecycle of your Otherdeed realm. From hatching Vessels and evolving your Mara to the indispensable task of harvesting and trading Sediment Fragments, the game challenges your strategic prowess.  Dive deep into LOTM, a fusion of card game collectability with the relaxed vibes of an idle tap game. In the open beta, your Otherside and partner NFTs stand tall against roaming hostiles. This beta phase is just the beginning, offering a glimpse into the vast expanse of Otherside and introducing players to the Oda—the original denizens comprising the mighty Koda, the versatile Mara, and the evolved Kodamara.  The game offers a plethora of activities. Hatch your Mara from Vessels, engage in the vital act of harvesting and trading Sediment Fragments, and uphold the sanctity of your land

2023-09-28Industriya

Ethereum Price Witnesses Sudden Spike; Crosses $1600 Resistance Level

Ethereum  Ethereum Price Witnesses Sudden Spike; Crosses $1600 Resistance Level  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  If it finds support between $1,600 and $1,620, the price may continue to climb.   The price of Ethereum has witnessed a sudden spike, breaching the $1600 mark.  The Merge update to Ethereum‘s core protocol was a watershed point in the cryptocurrency’s history, marking a transition away from the inefficient proof-of-work (PoW) consensus mechanism in favor of the more energy-efficient proof-of-stake (PoS).  Ethereums compliance with the strict criteria imposed by the Office of Foreign Assets Control (OFAC) has decreased post this change, which was anticipated given the greener future this move promises.  Moreover, according to IntoTheBlocks data, the percentage of empty wallets has increased by almost 13% in the last week. This is another warning indication that indicates a large number of people have liquidated their token holdings.  Bulls Take Over  The price of Ethereum has witnessed a sudden spike, breaching the $1600 resistance level at the time of writing. If it finds support between $1,600 and $1,620, the price may continue to climb.  If ETH manages to break over $1,620, there is a good likelihood that it will continue to rise. Substantial barriers might be expected close to $1,650 and $1,660.

2023-09-28Ethereum

Kailangan nating pag-usapan ang artikulong iyon ng New Yorker na Sam Bankman-Fried

Tech  Kailangan nating pag-usapan ang artikulong iyon ng New Yorker na Sam Bankman-Fried  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  On Monday, renowned publication published a completely off-kilter article that compared FTX to a bank, infantilized Sam Bankman-Fried, and let his family decry their treatment by the media with little to no pushback whatsoever.  While articles like this are frustrating to those of us covering crypto, it‘s also important to discuss why they’re not just annoying but could paint a potentially misleading picture to those not quite as immersed in the industry.  The article offers little in the way of substance, but more important are the completely twisted, misinformed false equivalencies. These include “It is standard practice for banks to take depositors money and use it for other activities.”  The article‘s author, Sheelah Kolhatkar, isn’t new to the dark world of finance and unregulated industries: she‘s previously written a well-received book called that covers Steve Cohen (now owner of the New York Mets baseball team, and head of S.A.C. Capital). The fact she’s bothering to compare FTX — a cryptocurrency exchange that wasn‘t supposed to be lending out customers’ assets at all — to a bank is mind-boggling and more than a little concerning.  Then theres

2023-09-27Industriya

JPEX Case Spotlights Bagong Mga Hamon sa Regulasyon

Tech  JPEX Case Spotlights Bagong Mga Hamon sa Regulasyon  6 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The Hong Kong Crypto Exchange Scandal with JPEX spotlights regulatory challenges and investor risks, prompting debate on crypto market access, as per Bloomberg.  The recent arrest of Joseph Lam and the subsequent shutdown of JPEX, an unlicensed crypto platform in Hong Kong, have sent shockwaves through the cryptocurrency community.  Lam, a social media influencer with a substantial following, was among the 11 individuals apprehended in connection with an alleged HK$1.5 billion ($192 million) fraud case involving JPEX.  Hong Kong Crypto Exchange Scandal  Hong Kong‘s swift response, coming just four months after the introduction of new cryptocurrency regulations, underscores the government’s commitment to cracking down on illicit activities in the crypto space.  The Securities and Futures Commission (SFC) had warned investors about JPEXs lack of a permit, leading to local telecom carriers blocking its website and app.  However, this incident highlights the challenges governments face when regulating an industry known for scams and volatility. Some argue that retail trading in cryptocurrencies, especially in the absence of proper investor education, is a risky endeavor.  JPEXs case is a prime example of how small investors can be lured by promises of unrealistic returns. Despite warnings and

2023-09-27Industriya

JPMorgan’s $365 Million Epstein Victims Settlement Wont Teach Banks A Lesson

Pananalapi  Ang $365 Million na Pag-areglo ng mga Biktima ng Epstein ng JPMorgan ay Hindi Magtuturo ng Aral sa mga Bangko  Balita ng Ethereum ng Bitcoin  Operational risk is the potential loss to earnings due to people, processes, technology, and  makulit  In the last four months, JPMorgan has agreed to pay $365 million in settling lawsuits surrounding Jeffrey Epstein‘s sex trafficking operations. Only recently did JPMorgan notify the U.S. Department of Treasury that there had been over $1 billion in transactions at the bank related to Epstein’s human trafficking dating back 16 years. As former Congresswoman Jackie Speier sadly wrote, Epsteins 15-year client relationship with JPMorgan Chase  JPM  exceeded the ages of some of his victims. This is a bank that invests millions of dollars in sophisticated technological systems to price financial derivatives and to measure the value-at-risk of its multi-billion-dollar capital markets portfolios. Yet, we are to believe that it did not have the systems to spot irregularities in Epsteins financial transactions for .  Earlier this summer, Deutsche Bank also agreed to pay $75 million in lawsuit settlements, since after JPMorgan no longer wanted Epstein, he became a client. Somehow, no one at Deutsche Bank thought to ask why Epstein was finally no longer welcome at JPMorgan?  It

2023-09-27Industriya

Oras na ba ng Rally para sa Bitcoin? Ano ang mga Inaasahan para sa Oktubre?

Bitcoin  Oras na ba ng Rally para sa Bitcoin? Ano ang mga Inaasahan para sa Oktubre?  8 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The long-lasting bear market caused major declines in Bitcoin and altcoins. While the negative atmosphere on the market will dissipate somewhat with increases in 2023, investors are expecting a big rally.  At this point, Glassnode co-founder Yann Allemann claimed in his post on his Twitter account that the expected rally is approaching despite the recent declines.  Pointing out that October is a positive month for Bitcoin in light of historical data, Allemann said that BTC $ 26,000 is an important level.  Stating that Bitcoin is currently in the decline zone, the analyst stated that BTC failed to pass the resistance of $ 27,500 and that the BTC price is below the 100 hourly SMA.  Following last weeks decline, BTC is struggling to maintain its position above the $26,000 support level.  The ‘Risk Signal’ has turned bullish and is currently in the 40s, confirming the volatile environment.  This can largely be attributed to the trendless market, lack of liquidity, and apathy from regular investors due to a break below the $25,000 support level.  While Bitcoin continues its struggle for $26,000, a possible break below this level could

2023-09-27Industriya

Ethereum Holders Might Soon Exit As Addresses In Profit Reach A Low: Will ETH Price Regain Momentum?

Ethereum  Ethereum Holders Might Soon Exit As Addresses In Profit Reach A Low: Will ETH Price Regain Momentum?  Balita ng Ethereum ng Bitcoin  Ethereums value has shown strong bearish tendencies recently, dropping past key levels in just a week. As Bitcoin struggles with the $26K mark, ETH is on the brink of breaching a vital support level. Additionally, multiple on-chain metrics are now leaning towards bearish signs, with investors growing restless as the number of profitable addresses hits a several-month low.  These Ethereum Metrics Might Trigger Negative Sentiment  Recent on-chain metrics have raised concerns in the altcoin market, suggesting a potential bearish trend for Ethereum in the coming days. Two metrics, in particular, stand out: the Ethereum Percent Addresses in Profit and the Ethereum Number of Addresses Holding 32+ Coins. Both the metrics have witnessed a steady decline recently, suggesting rising negative momentum on the price chart.  According to Glassnode, the Ethereum percent addresses in profit has plummeted to an 8-month low, standing at just 52.302%. This means that 48% of Ethereum holders are currently in loss, a concerning figure given Ethereums historical performance. A decline in this percentage can indicate a growing number of investors who bought at higher prices are now facing potential losses.

2023-09-27Ethereum
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