Pinakabagong Balita sa Crypto at Market Updates

Bitcoin Could Be ‘Off to the Races’ As Rare Contrarian Indicator Flashes, Says Analyst Jason Pizzino

Crypto analyst Jason Pizzino says a rare macro indicator is hinting that risk assets including Bitcoin (BTC) couldve already bottomed and are getting ready to rally.　　In a new strategy session, Pizzino tells his 290,000 YouTube subscribers that he‘s watching the consumer confidence index (CCI), which tracks households’ outlook on potential future economic development based on monthly surveys.　　Citing data from Sentimentrader, Pizzino says that the CCI essentially acts as a contrarian indicator for the stock market, with downward-moving CCI readings signaling future market growth and upward-moving readings suggesting exuberance.　　With CCI in the midst of confirming a reversal and crossing below the 70 level, Pizzino says that based on history, stocks and cryptocurrencies should be moving up in the next three to six months, which would be the “max pain” move and could send Bitcoin “off to the races.”　　Looking at Bitcoin, Pizzino says that a modest move to key support levels is more likely than a dramatic collapse to much lower prices. He says he would use a correction to the $23,000 level as a “buy the dip opportunity.”

2023-09-12Industriya

Mga Lihim sa Likod ng Pagbuo ng Isang Matagumpay na Kumpanya ng Fintech

The rise of the fintech space sparked the emergence of highly successful global companies with the potential to change the international financial landscape. To put things in perspective, fintech company PayPal reportedly processed $1.36 trillion in payments in 2022 – more than the 2022 GDP of the Netherlands at $991 billion.　　With companies such as Paypal, Stripe, Visa, and Mastercard figuring majorly in the facilitation of transactions worldwide, it is no surprise that experts project the fintech industry to become a $1.5 trillion industry by 2030.　　Luiz Góes, CEO of the upstart Dubai fintech company Layered Financial Independence (LFi), shares 3 Secrets Behind Building a Successful Fintech Company.　　Identify a Target Market and Pain Point　　For a fintech idea to get off the ground, it must have a core purpose – a customer pain point it aims to solve. A companys fintech industry strategies can be laid to waste if the business fails to uphold this simple yet vital premise.　　A founder needs to engage in deep and extensive market research to determine two things:　　A problem or challenge for which technology can provide a solution;　　A sizeable customer base for whom the new product will be of particular use.　　These two aspects will be the foundational principles

2023-09-12Industriya

Ripple Rescues Fortress Trust Customer sa Potensyal na Deal sa Pagkuha

Ripple, an investor in Fortress, has stepped in to compensate Fortress customers for any incurred losses as part of the acquisition process.　　Ongoing discussions surround the potential acquisition of Fortress by Ripple, a cryptocurrency payment network. This unexpected development follows security issues faced by Fortress due to the compromise of a third-party vendors cloud tools.　　While the extent of the crypto loss remains unclear, it raises concerns about the security of clients investments. Ripple, an investor in Fortress, has stepped in to compensate Fortress customers for any incurred losses as part of the acquisition process.　　Ripples spokesperson said:　　“Luckily, Ripple was in a position to act quickly to step in and make customers whole, and there have been no breaches to Fortress technology or systems. Fortress notified customers immediately of the incident when it happened – as they mentioned in their tweets”　　This entire situation appears to expedite the dialogue between Ripple and Fortress regarding the potential acquisition. Although Fortress announced an acquisition deal on September 8, it still awaits regulatory approvals and due diligence. If approved, the deal will significantly bolster Ripples collection of regulatory licenses, as Fortress holds a Nevada License, which is valuable in the cryptocurrency industry.　　Ripples Fortress Acquisition Deal Strategically Increasing

2023-09-12Industriya

Squid enables one-click cross-chain swaps on Cosmos

Squid, a cross-chain liquidity routing and swap protocol, is expanding its one-click swap application to the Cosmos Ecosystem.　　The protocol, built on the Axelar network, already powers one-click cross-chain swaps across 12 different EVM blockchains using Axelars General Message Passing (GMP).　　Squid connects different decentralized exchanges between chains, co-founder Fig told Blockworks. On EVM-compatible chains, for example, this means connecting Uniswap and Quickswap.　　In its expansion to Cosmos, Squid uses the DEX Osmosis to facilitate token swaps. This means users can swap tokens in one click between Uniswap and Osmosis.　　These assets are routed into the wider Cosmos ecosystem through the Inter-Blockchain Communication Protocol (IBC), which enables independent blockchains to communicate with each other.　　Part of the reason why Squid made the investment to build this technology in the first place was driven by the migration of dYdX to Cosmos, Fig explained.　　“Theyre one of the best EVM teams and decided they needed their own app chain to scale their tech and be able to have their own environment, and they needed one click onboarding into that chain from anywhere,” Fig said.　　With one-click swaps now available on Cosmos, Fig hopes that users will now have a more efficient and better experience sending transactions between EVM-compatible chains

2023-09-12Industriya

Ang Coinbase ay bumubuo ng bagong henerasyon ng stablecoin

The head of the Coinbase, Brian Armstrong, believes that flatcoins could become the next iteration of stablecoins.　　In an interview with Yahoo Finance, he stated that flatcoins are “the next iteration of stablecoins.” Coinbase has not yet started development in this area, but they are “interested in it,” Armstrong added.　　“[The Flatcoin concept is] a new thing on the horizon. Theres a couple teams working on it.”　　Brian Armstrong, CEO ng Coinbase　　Armstrong considers this idea “the best form of money in the crypto space” compared to the current cryptocurrencies and stablecoins.　　“I also put out a blog post talking about some of the future ideas on the horizon. And a number of our venture investments might go into things like that. But I talked about flat coins, which is kind of the next iteration of stablecoins thats more maybe linked to CPI or purchasing power.”　　Brian Armstrong, CEO ng Coinbase　　What is flatcoin？　　Flatcoins are decentralized stablecoins that, for example, can be used to track inflation. Flatcoins, according to Armstrong, could respond to the uncertainty in the financial market that investors faced amid the 2022-2023 crisis.　　The term flatcoin was likely coined by former Coinbase CTO Balaji Srinivasan. He noted that if a particular fiat currency is inflationary,

2023-09-12Industriya

Ethereum Falls As bears Try To Break $1,600 Support Level

The latest price analysis by Coinidol.com report, Ethereum (ETH) price remains in a limited range as the bears try to break the current support. 　　Pangmatagalang pagsusuri ng presyo ng Ethereum: bearish　　The 21-day line SMA or resistance at $1,650 has continued to limit the upside. On the plus side, additional gains in the altcoin are unlikely as the bears have the upper hand. At the time of writing, the largest altcoin is trading at $1,615.　　If the bears break the current support of $1,600, the market will fall and retest the previous low of $1,517. On the other hand, the price of the cryptocurrency could rise again if the current support level holds. A price rally will break above the 21-day simple moving average, and the positive momentum will extend to the 50-day simple moving average. A break above the moving average lines means that the uptrend has resumed. Meanwhile, the altcoins price has declined after retesting the current support level of $1,600.　　Pagsusuri ng tagapagpahiwatig ng Ethereum　　Ether is lingering above the current Relative Strength Index support level of 34 for the period 14. Ether is falling as the price bars are rejected at the moving average lines. The price bars resistance line

2023-09-11Ethereum

Extreme Ethereum Crash Ngayon sa Mga Card, Ayon sa Analyst Benjamin Cowen – Narito ang Kanyang Target

Ethereum　　Extreme Ethereum Crash Ngayon sa Mga Card, Ayon sa Analyst Benjamin Cowen – Narito ang Kanyang Target　　7 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　A widely followed crypto analyst says that a massive crash for the leading smart contract platform is within the realm of possibility.　　In a new strategy session, crypto trader Benjamin Cowen tells his 787,000 YouTube subscribers that a freefall to the $400-$800 range is in the cards for Ethereum (ETH), the second-largest crypto asset by market cap.　　Cowen also says that a move toward his downside targets would mark 2023 as the year when both ETH bulls and bears got “sufficiently wrecked.”　　Pinagmulan: Benjamin Cowen / YouTube　　The crypto strategist goes on to say that for the rest of 2023, he expects Ethereum to post lower highs and lower lows.　　Ang Ethereum ay nakikipagkalakalan para sa $1,609 sa oras ng pagsulat, isang 1.2% na pagbaba sa huling 24 na oras.

2023-09-11Ethereum

Sushi Swims Beyond Ethereum To Layer 1 Aptos, Aims For Cross-Chain Glory

Ethereum　　Sushi Swims Beyond Ethereum To Layer 1 Aptos, Aims For Cross-Chain Glory　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Leading decentralized exchange (DEX) platform Sushi is embarking on an expansion into the Aptos Network, marking a significant move as it ventures beyond the Ethereum Virtual Machine (EVM) ecosystem.　　Aptos Network stands out as a Layer 1 blockchain renowned for its enterprise-grade scalability, reliability, security, and user-friendliness.　　The integration will see the DEXs key components, including Sushi v2 AMM and SushiXswap, seamlessly integrated onto the Aptos Network. This pioneering collaboration with Aptos represents a crucial step in realizing its vision of achieving cross-chain and multi-chain prominence.　　While the DEX has been a prominent player in various EVM chains, such as Ethereum, Fantom, Polygon, Arbitrum, and BNB Chain, this expansion signifies its commitment to diversifying its presence and embracing innovation.　　Despite recent challenges within the DeFi sector and a notable 60% decrease in its activity over the past month, the project remains resilient.　　Its governance has actively pursued strategies to enhance its protocol, recently passing a proposal to increase liquidity in one of its pools. DWF Labs, a global digital asset market maker, has proposed a collaboration to bolster liquidity and trading depth for SUSHI tokens within the

2023-09-11Ethereum

Ethereum (ETH) and Solana (SOL) Overshadowed, Says IntoTheBlock

Ethereum　　Ethereum (ETH) and Solana (SOL) Overshadowed, Says IntoTheBlock　　Balita ng Ethereum ng Bitcoin　　Arman Shirinyan　　Unfortunately, neither Ethereum nor Solana can find enough support on market right now　　In a market that is often swayed by sentiment, Ethereum and Solana find themselves in a complicated spot. Despite a string of bullish news, including Visa‘s interest and the buzz around a potential spot ETH ETF, both digital assets seem to be grappling with a shadow cast by fear-driven market dynamics. The looming $3 billion liquidation on FTX is a case in point, steering the market’s focus away from the positive strides these blockchains are making.　　As of the latest data, Ethereum is priced at $1,623.49 USD, while Solana stands at $18.47 USD. These figures might not tell the whole story, but they do hint at a subdued market response to what should have been uplifting news.　　Pinagmulan: TradingView　　Over the past two weeks, both Ethereum and Solana have shown less than stellar price performance. This lackluster movement contradicts the positive news flow and suggests that the market is more attuned to potential risks, such as FTX‘s impending liquidation, rather than opportunities. It’s as if the market has put on blinders, focusing solely on the pitfalls ahead.　　So, whats the

2023-09-10Ethereum

Generative Audiovisual Art to Reconstruct the Media

DeafBeef is a generative audiovisual art stored completely over the on-chain. The collection is introduced to the NFT space to push the limits and restructure the multimedia. The art is nothing but a C Compiler that generates the audiovisual and amplifying experience of NFT enthusiasts.　　What makes the collection more special？ Lets explore the collection at a glimpse.　　A Glimpse of the NFT Collection 　　Introduced in March 2021, the DeafBeef NFT collection holds 223 unique items running over the Ethereum blockchain and is classified into the art category. The collection best represents the mixture of audio and video in an aesthetic form, pushing the limits of multimedia. DeafBeef NFT has no existence if not innovative, demonstrating the potential of technology holding the journey to the world of Web3. developed with self-made basic tools, imposing the criteria of black slate is offering creative audiovisual art.　　A Canadian-born artist is behind the art and built a creative practice to design much from little. The collection is a unique variation, highlighting the involvement of programming in the world of art, creativity, and NFT as well. The passion for music and technological curiosity made it possible for DeafBeef Lacma to come up with such innovative, creative, and

2023-09-10Industriya

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