Iniisip ng mga eksperto na ang bangungot ng Fed ay hindi magtatapos anumang oras sa lalong madaling panahon

The US Federal Reserve, that cumbersome entity steering our economic ship, seems poised to throw another curveball our way. Despite the hopes and dreams of investors everywhere, it looks like were in for yet another interest rate hike, potentially pushing past the already daunting benchmark level of 5.25-5.5%.  A figure, mind you, thats the highest in 22 years. The financial bigwigs, the ones you see making flashy predictions on TV, have been laboring under the belief that the current restrictions will be enough to wrestle inflation to the ground, hoping to see the rates stabilize into 2024. Oh, how wrong they might be.  Contradicting the Market Mood  A recent survey, conducted with some fancy partnership between the Financial Times and the Kent A Clark Center for Global Markets (University of Chicago Booth School of Business), implies that we might need to brace ourselves for even higher borrowing costs. Not exactly the most delightful news for those of us watching our wallets.  The optimistic murmurs of the market, believing the Fed‘s policy might be enough, don’t seem to align with the experts. Julie Smith, an economics professor at Lafayette College, hinted that the current policies might not be as constricting as wed like to think.  With

2023-09-18Industriya

Ang GBP/USD ay rebound mula sa multi-month low sa softer USD, kulang sa follow-through na lampas sa 1.2400

Balita ng Ethereum ng Bitcoin  GBP/USD gains some positive traction on Monday and moves away from over a three-month low.  A positive risk tone is seen undermining the safe-haven USD and lending some support to the pair.  Diminishing odds for more aggressive BoE rate hikes might keep a lid on further gains for the GBP.  The GBP/USD pair attracts some buying on the first day of a new week and reverses a part of Fridays slide to the 1.2380-1.2375 area, or its lowest level since June. Spot prices currently trade around the 12400 round figure and draw some support from a softer US Dollar (USD), though any meaningful appreciating move still seems elusive.  A generally positive tone around the US equity future fails to assist the safe-haven Greenback to capitalize on its longest weekly winning streak since 2014. The USD downtick could further be attributed to some repositioning trade ahead of this weeks key central bank event risk – the outcome of the highly-anticipated two-day FOMC monetary policy meeting starting on Tuesday. The Fed is scheduled to announce its decision on Wednesday and is widely expected to leave interest rates unchanged.  The markets, however, are still pricing in the possibility of one more 25 bps lift-off

2023-09-18Industriya

Isang Pagpapala o Sumpa sa Mundo ng Trading

The concept of decentralized crypto exchanges became popular with time, offering a user-friendly interface without revealing the identity of the exchanges. Decentralized exchanges, and peer-to-peer marketplaces, allow traders to make direct transactions without any third-party involvement. One such innovative and advanced DEX emerging in the crypto ecosystem is ApeX. What is it and how well the platform is performing in the crypto space? Lets find out the same.  ApeX Exchange at a Glimpse   Before examining the utility of the innovative DEX, it is essential to explore the history of the platform. ApeX, a standard and innovative DEX developed over Arbitrum, one of Ethereums popular layer 2 solutions, was introduced in the crypto environment to accelerate DEX in Web3.  The platform was developed by Bybit, a famous cryptocurrency trading platform. The permissionless and censorship-resistant protocol offers a safer trading environment. Introduced in 2022, the platform came up with the motive of making perpetual contract trading much easier for the trading world.  ApeX DEX and ApeX Pro, an actual trading platform associated with the ApeX protocol, take care of trading security, making a strong positioning in the decentralized space. In addition, the platform offers close to $34 Million locked-in TVL. After knowing the history and

2023-09-18Industriya

XRP Remains in Comfortable Price Range: 3 Movement Scenarios

Despite lack of movement, XRP is more than comfortable in current price range  As of the latest data, XRP is trading at approximately $0.497. The crypto landscape is ever-shifting, and XRP is no exception. With active addresses on the network taking a nosedive and the price moving below both the 21 and 200 EMAs, let‘s delve into three possible scenarios for XRP’s near-term price action.  Scenario 1: Bullish reversal  The first scenario is a bullish reversal. Despite the descending volume and the EMAs converging — often a sign of an impending volatility surge — XRP could defy the odds. If the active addresses count starts to climb and the volume picks up, we could see a bullish divergence. This would be a classic case of the market sentiment turning positive, potentially pushing the price above the EMAs and averting the looming death cross.  Pinagmulan: TradingView  Scenario 2: Bearish continuation  The second scenario is less rosy. With the active addresses count plummeting and the EMAs converging, a bearish continuation is entirely plausible. If the death cross occurs, where the 21 EMA crosses below the 200 EMA, it could trigger a sell-off. The descending volume would add fuel to the fire, possibly pushing the price down further.  Scenario 3:

2023-09-18Industriya

5 Paraan na Binago ng Wirex Crypto Card ang Pang-araw-araw na Transaksyon

Wirex Crypto Card is emerging as one of the ultimate solutions for spending stablecoins and crypto, offering seamless transactions. The debit card is connected with the Wirex account, offering individuals with cutting-edge crypto features along with traditional accounts. Wirex was introduced by Pavel Matveev and Dmitry Lazarichev in 2014 to make digital money accessible to everyone.  Worry about the complicated exchanges and security challenges? Wirex Crypto Card can be a solution. Lets take a look at 5 reasons why you should use the respective card for daily transactions.  Madaling Palitan  Seamless conversion between fiat and cryptocurrency is one of the main features that makes Wirex Crypto Card so popular in the crypto ecosystem. The cards are issued under the Mastercard and Visa and can be used virtually and physically based on the payment method accepted. A simple transformation of the digital asset into the fiat current at the current market rates without any exchange fee or complex verification method made Wirex Crypto Card a great choice for daily transactions.  Mataas na Bilis   One of the most demanding features crypto users are looking for is the high-speed transaction. Focusing on the traditional method of transactions, mainly for international transactions, requires several days of time. One

2023-09-18Industriya

Binance.US exchange volume slumps amidst crisis

Trading activity on Binance.US has reached new lows in September, as the crypto exchange faces unprecedented challenges. On Sep. 16, exchange volume stood at $5.09 million on Binance.US, as reported by Amberdata on The Tie Terminal.  The lowest point for the month was on Sep. 9, when trading activity totaled $2.97 million. This is a significant drop compared to Sep. 17, 2022, when its trading volume was around $230 million.  Binance.US is the offshoot in the United States of global crypto exchange Binance. On June 5, the Securities and Exchange Commission filed a lawsuit against both crypto exchanges on charges related to unregistered securities offerings, and wash trading, among other violations. As per the SEC, Binance.US allegedly failed to register as a broker-dealer and failed to register the offer and sale of its staking-as-a-service programme.  Since the lawsuit, Binance.US halted trading for over 100 token pairs, contributing to a sharp decline in exchange activity.  Binance.US turmoil also comes with internal challenges. Brian Shorder, then CEO of Binance.US, stepped down last week, joining a number of global executives who left the group of companies over the past weeks. Following Shorders departure, head of legal Krishna Juvvadi and chief risk officer Sidney Majalya announced their resignations

2023-09-18Industriya

Goldman Sachs Predicts Possible Interest Rate Delay by U.S Fed

TechGoldman Sachs Predicts Possible Interest Rate Delay by U.S Fed11 minuto ang nakalipasBalita ng Ethereum ng Bitcoin Bitcoin News  The strategists also highlight encouraging trends in inflation, which has been a key worry.  The experts also note that economic growth is expected to decelerate in Q4.  One of the worlds most prestigious investment firms, Goldman Sachs, has made the outlandish claim that November may not see an interest rate increase. The strategists at Goldman Sachs recently released a report outlining the several variables that have led them to expect an interest rate rise delay.  They emphasized the need for further rebalancing of the labor market before the Fed would contemplate increasing interest rates again. This indicates the Federal Reserve may be waiting for sustained improvements in employment statistics before raising interest rates.  The strategists also highlight encouraging trends in inflation, which has been a key worry recently. Goldman Sachs thinks there could be less urgency to raise interest rates soon in light of recent improvements in inflation statistics.  Investors Closely Awaiting Decision  The experts also note that economic growth is expected to decelerate in Q4. They pointed out that if growth were to slow that much, the Fed may decide to hold off on raising interest rates

2023-09-18Industriya

Co-Founder of Infamous Ponzi Scheme OneCoin Gets 20 Years Jail Sentence (Report)

Karl Sebastian Greenwood, co-founder of OneCoin and wingman for Ruja Ignatova, also known as “Cryptoqueen,” was sentenced to 20 years imprisonment for his involvement in one of the biggest crypto scam projects.  Ignatova, who was included in the Federal Bureau of Investigations (FBI) Ten Most Wanted Fugitives list, is rumored to have been murdered in 2018.  20 Years in Prison for Cryptoqueens Wingman  According to Bloomberg, Swedish citizen Karl Sebastian Greenwood was sentenced on Tuesday, Sept. 11, in New York. Greenwood was the main promoter of the OneCoin project, with prosecutors alleging that he made $300 million from the Ponzi scheme, using part of the money to spend on luxuries such as designer clothes and a down payment on a Sunseeker yacht.  Greenwood purchased properties in Thailand, Spain, and Dubai and also went on a luxury trip using a private OneCoin jet. However, the co-founder was arrested in Thailand in 2018 and subsequently extradited to the United States and faced up to 60 years in prison for his illicit activities.  The executive later begged for leniency from the court, admitting that he knowingly promoted OneCoin, which was used to defraud unsuspecting victims. Greenwood also claimed that he suffered extremely harsh conditions while being detained in

2023-09-18Industriya

Walang bago sa mundong ito, sabi ni Yusko sa mga tunggalian ng blockchain

“Weve talked about this over and over,” says Morgan Creek Capital founder Mark Yusko. “You can go back 2,600 years. Humans do what humans do. A thousand years ago, same thing. A hundred years ago, same thing. Now, the same thing.”  “And that is where we are.”  Speaking on the On the Margin podcast (Spotify/Apple), Blockworks co-founder Michael Ippolito notes that the numerous rivalries between blockchain ecosystems are not a unique phenomenon in human behavior.  As has happened so often in the past, the distinctions between factions are usually based on subtle differences that eventually spiral into broader competitions.  “When it expands to the level of something like Bitcoin or Ethereum or these sort of inter-ecosystem competitions,” he says, “the vast majority of people dont even understand what originated the argument to begin with.”  Ippolito points out that the “single biggest argument” centered on blockchains is based largely on a question that traces back to the original Bitcoin block-size wars: “How expensive should the requirements be for users to validate the network?”  Blockchain network participants have to choose hardware to validate computations and ensure the networks integrity based on agreed-upon rules for a shared database, which leads to a fundamental challenge, Ippolito explains.  “If you want people

2023-09-18Industriya

Ang Crypto Exchange Gemini ay nagsabi na ang Investment Giant DCG ay Gumagamit ng Mga Mapanlinlang na Assertion sa Bankruptcy Plan

Digital asset exchange Gemini says venture capital firm Digital Currency Group (DCG) is engaging in deceptive practices to avoid fulfilling its full obligations to the creditors of its crypto lending unit Genesis.  In July, Gemini filed a lawsuit against DCG after Genesis went bankrupt while owing $735 million worth of assets to users of Gemini Earn, a program that enabled the exchanges customers to lend their cryptocurrencies and earn interest.  On September 13th, DCG proposed an agreement offering unsecured creditors, including Gemini Earn users, to recover a significant portion of their funds.  In a new court filing on Wednesday, Gemini says DCGs proposed recovery rates are “misleading at best and deceptive at worst.”  Genesis says DCG is trying to shortchange Gemini lenders as the proposed deal would allow the firm to pay less than what it owes.

2023-09-18Industriya
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