Pinakabagong Balita sa Crypto at Market Updates

3 Pivotal Factors That Could Drive Ripples XRP Price to $12, According to This Analyst ⋆ ZyCrypto

Tech　　3 Pivotal Factors That Could Drive Ripples XRP Price to $12, According to This Analyst ⋆ ZyCrypto　　5 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　As the crypto market continues to trade in turbulence, XRP, like BTC, ETH and other cryptocurrencies, has become ensnared in the volatility crisis, with investors now concerned about its future trajectory.　　Notably, despite positive developments in the past year, the fifth-largest cryptocurrency by market capitalization has continued to plunge and is currently down roughly 74% from its all-time high.　　Despite this uncertainty, well-known crypto analyst Zack Rector has outlined three pivotal factors that could drive XRP to new heights. On Monday, the analyst underscored the significance of the court denying an appeal by the U.S. Securities and Exchange Commission (SEC) in its ongoing tussle with Ripple, citing it as one of the catalysts with the potential to drive XRP prices to greater heights.　　For context, it‘s worth noting that after Ripple’s significant victory on July 13, 2023, in their legal battle against the SEC regarding XRPs market classification, the SEC swiftly countered with a motion for an interlocutory appeal. They aimed to contest the decision, contending that this appeal was essential to thoroughly address potential violations by Ripple and its

2023-09-24Industriya

Payments shouldn’t be handled on the Ethereum and Bitcoin networks

Bitcoin Ethereum　　Payments shouldnt be handled on the Ethereum and Bitcoin networks　　3 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Crypto companies are currently making payments entirely wrong because they are not accounting for the most important people: the end consumers. Earlier this year, it was reported that cryptocurrency investors were facing delays concerning withdrawing funds deposited on the Ethereum blockchain.　　This was following its significant software upgrade, and it created persistent headaches for Ethereum, a platform, which aims to have its technology widely used for instant transactions. This resulted in ether worth around $1.4 billion being stuck in a withdrawal queue. The delays were a prime example of the limits in the transactions that Ethereum could process.　　This highlighted its potential shortcomings in terms of becoming a widely-used financial infrastructure. While Ethereum has grown popular within the crypto market, it has yet to be used in mainstream payments, commerce, and finance. Despite these challenges and issues, Ethereum holds a superior position, and users continue to stand by it.　　The reason for this is that it is fairly decentralized, which is key for preventing a chain from being hijacked by those validating it and for network security. It is the most decentralized smart contract blockchain within

2023-09-24Industriya

Ethereums Post-Shanghai Upgrade Activity Disappoints, JPMorgan Analysts Report

Ethereum　　Ethereums Post-Shanghai Upgrade Activity Disappoints, JPMorgan Analysts Report　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereum underwent the Shanghai upgrade to enhance network activity and strengthen the DeFi ecosystem about a year ago.　　However, a recent report from JPMorgan suggests the upgrade has not met expectations due to an overall decrease in the networks activity since then.　　Ethereums Network Activity Declines Post-Upgrade　　The Shanghai upgrade was a milestone for Ethereum, transitioning the blockchain from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism. This shift aimed to decrease energy usage and increase network activity. However, JPMorgans analysis revealed a decline in Ethereums network activity after the hard fork.　　According to the report, daily transactions on the Ethereum network have experienced a drop of approximately 12% since the upgrade. The number of daily active addresses on the blockchain has also fallen by nearly 20%, indicating a decrease in user engagement and participation. Total Value Locked (TVL) in DeFi has also witnessed a slump of almost 8%.　　JPMorgan‘s analysts believe external factors in the crypto environment may have influenced Ethereum’s performance after the Shanghai upgrade. One challenge Ethereum has faced is bearish forces in the crypto market, like setbacks in projects such as Terra and FTX in the

2023-09-23Ethereum

Ethereum Network Staking Inflow at Validator Mula noong Pag-upgrade ng Shapella

Ethereum　　Ethereum Network Staking Inflow at Validator Mula noong Pag-upgrade ng Shapella　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Since the Ethereum (ETH) network moved to the new consensus mechanism, the operations saw some shifts as well. The staking inflows and validators, what used to be miners earlier, took place in the new regime. Given that the crypto market is always moving, the changes are certain. ETH staking inflows and the number of validators have changed in the past months, as expected, after the Shapella upgrade.　　Ethereum Staking Inflow Tumbled Since Shapella Upgrade　　Following the Ethereum Shapella upgrade in April this year, the ETH staking inflows saw a massive jump. However, it was unable to keep up the pace and gradually settled down below the level it was during the upgrade.　　According to the Dune Analytics data, the ETH inflows on April 13, one day after the upgrade rollout, were 96,256. This rose to 408,940 on June 1, 2023, making the numbers quadruple in less than two months.　　On September 22, the reported ETH inflows stood at 40,963. Though it‘s not the lowest since the Shanghai upgrade, it’s more than half since then.　　The staking inflows stand for the metric that gauges the number of unique or

2023-09-23Ethereum

Bumili ang mga mamumuhunan ng $250M ng FTX claims — Ulat

Tech　　Bumili ang mga mamumuhunan ng $250M ng FTX claims — Ulat　　10 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The bankruptcy claims market has been growing bullish on the debts of the collapsed cryptocurrency exchange FTX as major credit investors have been rushing to buy FTX debts.　　Investors like Silver Point Capital, Diameter Capital Partners and Attestor Capital have purchased more than $250 million worth of FTX debts so far in 2023, Bloomberg reported on Sept. 21, citing an in-house analysis of public court filings.　　The FTX debt has also attracted investors like Hudson Bay Capital Management, which reportedly bought a $23 million FTX claim and subsequently sold about 50% of it to Diameter.　　In line with growing demand, the price of some FTX claims has been soaring this year. Some low-ranking FTX claims have jumped 191%, surging from $0.12 in early 2023 to about $0.35 recorded in recent weeks, the report said, citing data from the crypto debt broker Claims Market.　　The historical indicative prices of “bid” and “ask” for larger FTX claims have also risen this year, according to the Claims Markets charts.　　The debt investors have been piling up FTX claims, betting that the firm‘s bankruptcy process would unlock additional value by the time

2023-09-23Industriya

Ethereums prospects shift: SEC acknowledges new spot ETF application

Ethereum　　Ethereums prospects shift: SEC acknowledges new spot ETF application　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Mamamahayag　　ETFs have been a major topic of discussion for the last few months and have mostly revolved around Bitcoin [BTC]. This time, Ethereum [ETH] is the subject of the latest ETF-related development.　　Ilan ang halaga ng 1,10,100 ETH ngayon？　　The SEC has reportedly acknowledged review of two ETF applications pertaining to Ethereum. The ETF applications in question were filed by Ark Invest and VanEck.　　The acknowledgement might not necessarily be an approval, but it highlights a positive step forward as opposed to a rejection from the regulatory authority.　　The above outcome means there is a considerable chance that the two ETH ETF filings might receive approval sometime soon. There will be a 45-day period, during which members of the public will be allowed to issue their opinions regarding the ETFs.　　While this does not constitute confirmation that the ETFs will be approved, it points towards a potential positive outcome.　　An approval of the Ethereum ETFs would open the flood gates of institutional liquidity into the cryptocurrency. The subsequent demand could potentially facilitate a bullish outcome. The ETH ETFs come at a time when the cryptocurrency has been struggling to secure bullish

2023-09-23Ethereum

Ethereum’s ‘Dencun’ upgrade likely delayed into 2024

Ethereum　　Ethereum‘s ’Dencun upgrade likely delayed into 2024　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Ethereums next major upgrade, Dencun, will likely see a delayed launch according to statements from developers during a meeting on Sept. 21.　　Though Dencun is largely complete, it is still under development and in need of testing. Tim Beiko, a member of the Ethereum Foundation, said that Dencun still must be deployed to a testnet. He added that the timing of this step could delay Cancuns launch on the Ethereum mainnet — where real transactions occur — into the new year.　　Beiko said during the meeting:　　“I think the implication is, if we don‘t do a test net before Devconnect [Nov. 13-18] … it’s probably unlikely we can do mainnet before the … Christmas holidays … and people being gone so thats probably not the best time for committment.”　　Developers previously did not give Dencun a definite date, but most previous estimates suggested that the upgrade would go live before the end of 2023.　　Devs consider target testnet　　News of a possible Dencun delay comes shortly after Ethereums Holesky testnet experienced launch issues. Holesky continues to wait for a relaunch.　　During the current meeting, Developers addressed whether the Holesky testnet will be available for

2023-09-23Industriya

Susunod na Crypto Market Boom na Mangyayari Pagkatapos ng Bitcoin Halving: Analyst

Bitcoin crypto　　Susunod na Crypto Market Boom na Mangyayari Pagkatapos ng Bitcoin Halving: Analyst　　4 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The analyst said the crypto market will see lower lows before hitting a bull rally post-halving.　　A crypto analyst said the U.S. Feds recession predictions align with the next crypto bear market. 　　He predicted 2027 as the next bear market, around the same time the U.S. Fed pointed to a recession. 　　Crypto analyst Dan Gambardello said, in a recent video on YouTube, that the recent statements of the U.S. Federal Reserve mirror the future of the crypto market. According to the video, the recession prediction by the Fed aligns with the next crypto bear market.　　While referencing historical charts, Gambardellot noted the similarities between previous bear and bull markets. Per the video, the U.S. Feds prediction for a “soft landing” will happen when the crypto market is expected to take “a breather.”　　The “soft landing” that the analyst predicted comes right before the Bitcoin halving, which is set to happen in April of next year. Furthermore, historical data showed that the crypto markets often hit lower lows before halving.　　The analyst added that the next crypto market boom would happen right after the halving. He

2023-09-23Industriya

Crypto Price Analysis Sep-22: ETH, XRP, ADA, SOL, and BNB

crypto Ethereum　　Crypto Price Analysis Sep-22: ETH, XRP, ADA, SOL, and BNB　　16 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Sa linggong ito, mas malapitan nating tingnan ang Ethereum, Ripple, Cardano, Solana, at Binance Coin.　　Ethereum (ETH)　　Since June, Ethereum has formed a large ascending triangle. However, yesterday, the price fell under this formation and closed the week with a 2% loss. This puts ETH in a difficult position as it signals this correction may just be starting.　　There is good support at $1,440 and ETH may test this level before any sustained recover can be had. So far, the price action remains bearish and the resistance at $1,660 continues to hold strong.　　Looking ahead, ETH is in a downtrend and this latest breakdown puts sellers in charge with little hope of a reversal at this time.　　Tsart ng TradingView.Ripple (XRP)　　XRP has been consolidating since mid-August and has closed the week with a 2% profit. While this is not much, this price action looks much better than ETH and makes new lows unlikely.　　The current support at 47 cents has held well twice so far and buyers came every time the price tested this level. The resistance is at 57 cents and has not been seriously tested yet.　　Looking ahead,

2023-09-23Ethereum

Long-Dormant Ethereum Genesis Wallet Awakens to Transfer ETH to Coinbase

Ethereum　　Long-Dormant Ethereum Genesis Wallet Awakens to Transfer ETH to Coinbase　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Alex Dovbnya　　An Ethereum ICO participant, inactive for nearly eight years, has transferred 32.1 ETH to Coinbase　　A previously inactive Ethereum ICO participant inilipat 32.1 ETH to Coinbase, after remaining dormant for eight years. This particular Ethereum address, which appears to be linked to shemnon.eth (@shemnon), was part of the Ethereum Genesis and had initially received 200 ETH.　　The sudden activity has piqued interest and speculation within the cryptocurrency community, particularly given the significant value appreciation of Ethereum since its inception.　　Recent stirrings of early ETH whales　　Over the past few months, several Ethereum addresses associated with the platforms initial coin offering (ICO) have shown activity after years of inaction. For instance, in July, an Ethereum ICO participant ended an eight-year hiatus, depositing an enormous 61,216 ETH, valued at roughly $116 million, into the cryptocurrency exchange, Kraken.　　Furthermore, in a separate incident aligning with Ethereums eighth anniversary, another long-inactive wallet transferred 641 ETH and began staking, equating to a value of approximately $1.19 million.　　Such transactions draw attention not just because of their substantial size, but due to the significant gains these early Ethereum supporters have seen.　　With Ethereums ICO price being

2023-09-22Ethereum

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