Pinakabagong Balita sa Crypto at Market Updates

Will Q2 Earnings Boost Price?

FANG stock price has been in an uptrend, forming higher lows, since the formation of support at $124 at the end of June 2023. The stock price had several retracements but could not shift the trend. Currently, Diamondback Energys stock price is headed toward an annual high of $152.79.　　Recently, the stock price broke the resistance level of $140.80 and targeted the $150 psychological level but the move was halted at $146.30. The candle of 27th July 2023 closed bearish indicating the presence of bears near $150.　　The last candle broke the low of the 27th July candle but bulls entered the market and pushed the price above $145. The last candle closed bullish with a long lower wick.　　If the price can rise above $146.30, there is a possibility that it might head toward the $150 resistance. On the other hand, if bears take control and push the price below $140.80, it might melt toward the next support level of $134.90 causing a downfall of 4.22% in the price.　　Expectations for FANG Second Quarter Results　　Diamondback Energy has scheduled the release of second-quarter results on July 31, 2023. The consensus estimate for the to-be-reported Quarter is $3.88 per share on revenue of $1.896 Billion.　　In

2023-07-30Industriya

D.C. Circuit reverses SEC ruling on SPIKES futures, calls it arbitrary and capricious

The U.S. Securities and Exchange Commission (SEC) suffered another setback on July 28 as the D.C. Circuit overturned a ruling by the regulator ordering that SPIKES Index securities should be treated as ‘futures’ rather than as ‘securities futures’. The judge panel called the SEC order “arbitrary and capricious.”　　The decision relates to an order from 2020, in which the SEC exempted SPIKES Index — a stock volatility index — from the definition of security futures, thus eliminating heavy taxes and other regulatory requirements attached to the term ‘security’. The relief, according to the SEC, was intended to promote competition among volatility indexes.　　A 3 judge panel of the D.C. Circuit just invalidated an SEC order on the grounds it was “arbitrary and capricious.”　　Two of those 3 judges are now considering Grayscale‘s case–which seeks to invalidate the SEC’s denial of Grayscales bid to convert GBTC to a spot Bitcoin ETF. 　　— MetaLawMan (@MetaLawMan) Hulyo 29, 2023　　According to Chief Judge Sri Srinivasan, however, the exemption granted was “arbitrary and capricious” as “the SEC failed adequately to explain its rationale and failed to consider an important aspect of the problem.” The court also notes that the SEC “failed to consider the possibility that its grant

2023-07-30Industriya

DOGE Army Intrigued As Elon Musk Tweets Something Special Coming Soon

Tech　　Naintriga ang DOGE Army Habang Nag-tweet si Elon Musk ng “Something Special Coming Soon”　　13 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Yuri Molchan　　The crypto community is eager to know what so special Elon Musk intends to implement on X soon, in accordance with his recent tweet　　Less than an hour ago, tech billionaire Elon Musk, who owns X app (formerly known as Twitter), issued a post, stating that “something special coming soon”.　　This tweet brought a wave of enthusiastic responses from the crypto community, especially from Dogecoin-themed accounts. Many, including influencer David Gokhstein, expect X to add DOGE as a payment method, as Musk many times hinted earlier.　　Still, Elon Musk keeps the community intrigued, hinting at another addition to X, which is now undergoing heavy changes, starting with the rebranding from Twitter. Earlier today, Musk posted an image with the apps new logo – “X” and some major XRP-themed accounts again responded, likening this symbol to the logo of the XRP coin.　　At the time of this writing, Dogecoin is up 4.84% in the past 24 hours and has risen 2.88% in the last hour.　　If Elon Musk indeed implements DOGE payments on his X app, this would provide Dogecoin an unimaginable adoption and utility

2023-07-30Industriya

Shibarium Beta Bridge Goes Live for Public Testing as Layer-2 Launch Inches Closer

Tech　　Shibarium Beta Bridge Goes Live for Public Testing as Layer-2 Launch Inches Closer　　54 segundo ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Amidst a lack of bullish cues in the market, SHIB rose by almost 6% over the past day, which pushed its monthly gains to nearly 12%.　　The meme coins surge can be attributed to the Shibarium Beta Bridge, which went live for public testing this week. The move is part of an ambitious roadmap that seeks to transform the Shiba Inu project into a complete ecosystem.　　The team behind SHIB anunsyado the release of the Shibarium Bridge beta version for public testing, which would allow users to transfer tokens between the two networks.　　Initially, the bridge will enable users to transfer testnet ether tokens to the layer-2 network, with each transfer expected to take a maximum of up to 30 minutes.　　The bridge is also compatible with the ERC-20 token standard and focuses on enhancing the scalability factor.　　The development comes weeks after developer Shytoshi Kusama revealed that Shibarium is slated to go live after a Toronto conference in August this year.　　The updates regarding the much-anticipated layer-2 have sparked several minor rallies, but Shibarium code concerns dragged SHIBs value significantly in March.　　Despite this, Shibarium has been

2023-07-30Industriya

Is It Energy-Consuming To Transact Crypto?

crypto　　Nakakaubos ba ng Enerhiya Upang Magtransaksyon ng Crypto？　　9 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　In the rapidly evolving world of cryptocurrencies, one question that has gained considerable attention is whether transacting crypto is energy-consuming.　　Yes, Crypto transactions are energy-Consuming. Cryptographic transactions are infamous for consuming a lot of energy, especially those that use the Proof-of-Work (PoW) consensus mechanism. In this article, well look at how much energy cryptocurrencies like Bitcoin require and how it affects the environment.　　We will also discuss the efforts being made to address these concerns and the future outlook for energy consumption in the crypto space.　　The Energy Consumption of CryptocurrenciesThe Growing Impact of Crypto Mining　　One of the primary contributors to the energy consumption of cryptocurrencies is the mining process. Mining involves solving complex mathematical problems to validate transactions and add them to the blockchain. This process requires powerful computers and consumes a substantial amount of energy.　　Bitcoins Massive Energy Consumption　　The first and most prominent cryptocurrency, Bitcoin, has drawn attention for its price volatility and high energy usage. Have you heard about the most efficient Bitcoin mining operations that use nearly 155000 kWh to mine a Bitcoin？ ExpressVPNs post on energy use revealed It would cost approximately 21700 USD in

2023-07-30Industriya

Generation X faces bleak retirement horizon

Pananalapi　　Ang henerasyon X ay nahaharap sa madilim na abot-tanaw sa pagreretiro　　7 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Its a somber retirement forecast for Generation X workers – those who are now between the ages of 41 and 56.　　Many in the so-called latchkey-kid generation, who may have muddled through a childhood with less parent hand-holding than millennials and baby boomers, are now in need of some serious nurturing, according to a new report published by the National Institute on Retirement Security (NIRS).　　The NIRS scrutinized the retirement readiness of Gen X, and its not pretty.　　The typical Gen X household has only $40,000 in retirement savings — and those savings are concentrated among top earners — according to the findings published by the nonpartisan organization. Also, Blacks and Hispanics have considerably lower savings and access to employer-provided retirement plans as compared to whites.　　Welcome to the ‘new retirement’　　“Generation X represents the leading edge of the new retirement in America,” Tyler Bond, a co-author of the report and NIRS research director, told Yahoo Finance. “As the first generation to mostly enter the workforce after the move away from defined benefit pensions in the private sector, most Gen Xers will not enjoy the secure retirement income

2023-07-30Industriya

GitHub, Hugging Face, urge EU to relax open-source AI rules

Tech　　GitHub, Hugging Face, hinihimok ang EU na i-relax ang mga panuntunan sa open-source AI　　6 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　An open letter from GitHub, Hugging Face, Creative Commons and other tech firms are calling the European Union to ease upcoming rules for open-source artificial intelligence models.　　The letter urges policymakers to review some of the provisions of the EUs Artificial Intelligence Act, claiming that regulating upstream open-source projects as if they are commercial products or deployed AI systems would hinder open source AI development. “This would be incompatible with open source development practices and counter to the needs of individual developers and non-profit research organizations,” noted GitHub in a blog post.　　In particular, the group provided five suggestions to ensure that the AI Act works for open source models, including defining AI components clearly, clarifying that collaborative development on open source models does not subject developers to the bill requirements, ensuring researchers exceptions by permitting limited testing in real-world conditions, and setting proportional requirements for “foundation models.”　　As the term implies, open source software is software that can be inspected, modified, and enhanced by anyone because its source code is publicly accessible. In the field of artificial intelligence, open source softwares helps

2023-07-30Industriya

Privacy concerns raised as UK government advances Online Safety Bill

Tech　　Ang mga alalahanin sa privacy ay itinaas habang isinusulong ng gobyerno ng UK ang Online Safety Bill　　13 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　The U.K. Parliament is currently reviewing the Online Safety Bill (OSB) as a means of internet regulation. If approved, the government would be authorized to mandate messaging companies to create backdoors and require detailed reports of users online activity.　　As the bill approaches approval in UKs highest chamber, the House of Lords, there are concerns about its potential consequences for global privacy and encryption standards.　　The bills critics argue that this approach may have implications for private conversations and could raise concerns about surveillance vulnerabilities.　　Stakeholders like the Electronic Frontier Foundation (EFF) have expressed reservations about the OSB, raising potential challenges to online privacy and security. The EFF has emphasized the difficulty of maintaining end-to-end encryption while implementing government-mandated message-scanning technology.　　Leading encrypted messaging platforms, including WhatsApp, Signal, and UK-based Element, have also conveyed their concerns through an open letter earlier this year. They highlighted how the bills provisions could lead to broader and indiscriminate surveillance of personal messages, affecting various individuals, including journalists, human rights activists, and politicians.　　In response to the growing debate, the U.K. government maintains that the proposed

2023-07-30Industriya

The Worlds Largest Asset Managers Embrace Tokenization

Tech　　Tinanggap ng Mga Pinakamalaking Asset Manager sa Mundo ang Tokenization　　7 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Tokenization has the potential to revolutionize asset management, with several leading firms investigating blockchains ability to digitize diverse asset classes.　　However, as digital asset management seems poised for mainstream adoption, the momentum in blockchain development investment appears to be waning.　　Franklin Templetons Bold Foray into Digital Funds　　Tokenization involves issuing digital tokens to represent varied assets. Using blockchain technology, assets like securities, real estate, and art can be digitized, offering a more fluid and transparent trading environment.　　Franklin Templeton has been a pioneer in this space. After successfully launching the Franklin OnChain US Government Money Fund (FOBXX) on the Stellar blockchain, they extended their operations to the Polygon Network.　　Mga Kaso ng Paggamit ng Blockchain. Pinagmulan: Statista　　Presently, the cumulative value of tokenized US money market funds is an impressive $660 million, with FOBXX boasting the lions share at a $294 million market cap. However, competition is heating up.　　WisdomTree: A New Contender on the Horizon　　Aiming to carve a niche in asset tokenization, WisdomTree unveiled several digital funds through its WisdomTree Prime platform this year.　　By leveraging Stellar and Ethereum blockchains, WisdomTree offered alternatives to Franklin Templetons offerings and introduced index funds

2023-07-30Industriya

Crypto hiring: More layoffs at ATMTA, Dorsey’s Block gains new board member

crypto　　Crypto hiring: Mas maraming tanggalan sa ATMTA, ang Dorseys Block ay nakakuha ng bagong board member　　6 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Reports of layoffs at crypto companies dominated the headlines this week.　　Among them is Blockchain gaming company ATMTA, which cut positions by about 80% compared to its peak in late 2022.　　After laying off 122 employees in the latest round, ATMTA CEO Michael Wagner said in a letter that a core team of 45 people would remain. That team, Wagner said, will focus on building Star Atlas, an upcoming blockchain-based game.　　Wagner reiterated that ATMTA was impacted by the FTX collapse, which perhaps spurred the first round of layoffs that began in December. One notable departure was Estefan Vazquez, the former head of growth for Star Atlas.　　“We lost approximately $15 million from our treasury with the collapse of FTX, which represented a significant portion of our liquid cash balance. Even with the recovery in January of a sizable portion of those funds, our runway was greatly reduced,” Wagner wrote in his letter.　　KuCoin is reportedly laying off about 30% of its workforce of nearly 1,000 employees, crypto journalist Colin Wu iniulat Tuesday. Wu cited three employees with knowledge of the situation.　　When reached

2023-07-30Industriya

...

357359

...

1000