XRP Futures Contracts Open Interest Peaks at $1.2B, Highest Since November 2021

Tech  Ang XRP Futures Contracts Open Interest Peaks sa $1.2B, Pinakamataas Mula Nobyembre 2021  9 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Alex Dovbnya  Data from CoinGlass reveals that the open interest for XRP futures contracts has reached a staggering $1.2 billion  Investor interest in Ripples digital token XRP has soared, setting a new record since November 2021. As of July 20, the open interest for XRP futures contracts had reached a staggering $1.2 billion, according to data from CoinGlass.  This increase in open interest – the total number of outstanding futures contracts not yet settled – comes after a positive court ruling in the Ripple vs. Securities and Exchange Commission (SEC) case.  Open interest is a crucial metric in futures markets, often providing insight into the flow of money and the strength of a given price trend.  Among various cryptocurrency exchanges, Binance leads the charge with the highest open interest at $357 million. Bitget and OKX follow with open interests of $198 million and $71 million, respectively, while Bitmex trails with $7 million. The uptick in open interest signals growing confidence among investors in the wake of the recent court ruling favoring Ripple.  This significant leap in XRP futures open interest comes as Ripple CEO Brad Garlinghouse recently

2023-07-24Industriya

The Emerging Battery Stocks to Look for Investing

Pananalapi  Ang Umuusbong na Mga Stock ng Baterya na Hahanapin ng Pamumuhunan  5 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Investing in battery stocks is considered to be valuable due to an increase in demand for electric vehicles and energy storage solutions. Battery companies are constantly investing in research and development to improve their battery performance, efficiency, safety and cost.  Some of the booming battery stocks are listed below.  Tesla (TSLA) Battery Stocks  Tesla is the leading electric vehicle maker and battery innovator, having its own Gigafactories and battery day innovations. Currently, Tesla has a market cap of $919.17B and a P/E ratio of 86.36. Previously, its stock was closed at $290.38. It has a day range of $286.01 to $295.26.  Tesla has built its first Cybertruck after years of delay. The electric pickup truck is expected to start deliveries in late 2023 or early 2024. Tesla is expected to report its Q2 earnings on July 19, 2023.  Panasonic Corporation (PCRFY) Battery Stocks  Panasonic is a major supplier of lithium to Tesla. As per Google Finance, it has a previous close of $11.91. It has a day range of $12.08-$12.25. It has a market cap of $30.23and its average volume is 221.63K.  Panasonic has a lower forward P/E ratio and

2023-07-24Industriya

Elon Musk Directs X.com To Twitter, Plans To Ditch Twitter Bird

Pananalapi  Itinuro ni Elon Musk ang X.com sa Twitter, Planong Itapon ang Twitter Bird  8 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Topline  Billionaire Twitter owner Elon Musk launched a long-teased website X.com on Sunday, redirecting the domain to Twitter, and said he will relabel the social media platforms iconic blue bird logo as the letter “X,” the latest step in a massive rebranding effort toward what Musk has described as an all-in-one “everything app.”  Sinabi ni Elon Musk noong Linggo na babaguhin niya ang logo ng Twitter mula sa isang ibon sa letrang X.  key Katotohanan  mask tweeted Sunday afternoon the interim “X” logo for Twitter will go live on Sunday, while the site X.com now directs to Twitter.  Nang tanungin sa tweet ng maagang Linggo ng umaga kung tatanggalin ng Twitter ang branding at logo nito, ang Musk tumugon: “Sorry kung natagalan.”  mask tweeted babaguhin ng platform ang pangalan ng “tweets” sa simpleng letrang “X” at sinabi Ang Twitter ay patakbuhin gamit ang domain na X.com, na binili ni Musk mula sa PayPal noong 2017, na nagsasabing ang pangalan ay may “mahusay na sentimental na halaga”—pagmamay-ari din ng Musk ang space technology company na SpaceX, pinangalanan ang isang modelo ng Tesla na “X” at co-founded ng isang

2023-07-24Industriya

Binance reportedly accepting voluntary resignations

Tech  Ang Binance ay naiulat na tumatanggap ng boluntaryong pagbibitiw  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Binance is reportedly willing to tanggapin voluntary terminations from employees. The offers, sent out recently according to Adam Cochran, a crypto influencer and analyst, allow employees to resign, sign a new non-disclosure agreement (NDA), and receive a severance package of three months salary.  Binance is ready to accept voluntary resignations  Its unclear why Binance CEO Changpeng Zhao has implemented this option, but reports suggest that employees from different departments can opt for voluntary termination. It is said that those willing to accept these offers were required to leave immediately.  With the crypto winter extended and the regulatory uncertainty in several jurisdictions, the worlds largest exchange had to fire employees. Zhao stated that the layoffs were essential to “increase talent density,” but the company is still hiring for other positions.  Reports of voluntary termination offers come when Binance is facing increasing regulatory scrutiny. Lately, Binance has faced restrictions in various countries, such as Canada and the United States.  In June, the United States Securities and Exchange Commission (SEC) accused Binance of deceitful practices and participating in fraudulent activities. However, Binance has stated its intention to fight the lawsuit. The CEO, Zhao,

2023-07-24Industriya

KMB) Bounces Ahead of Q2 Results, Time To Pick?

Kimberly – Ang stock ng Clark Corporation (KMB) ay na-rebound ang mga nadagdag mula sa $130 at napanatili ang lakas sa huling session. Ipinapakita ng chart ang mga roller coaster na galaw, at nanatili ang stock sa isang makitid na hanay mula sa mga nakaraang buwan. Bukod dito, ipinapakita ng pagkilos sa presyo na hindi nakamit ng mga nagbebenta o mga mamimili ang dominasyon, at ang presyo ay lumulutang pa rin sa congestion zone.  Ang stock ng KMB ay handa nang ihatid ang mga kita nito sa Q2 sa ika-25 ng Hulyo, at ang mga mamumuhunan ay nagpapakita ng interes sa huling session at nagsimulang mag-ipon ng presyo. Inaasahan din ng mga analyst ang isang positibong komentaryo at pananaw sa paglago sa pagkakataong ito.  Sa huling session, nabuo ang isang hammer candlestick sa mas mababang trendline ng channel at nagpakita ng bounce. Ang bounce ay nagpapahiwatig ng positibong damdamin at isa ring maagang indikasyon ng paparating na pag-akyat sa itaas ng $140. Sa nakalipas na mga buwan, sinubukan ng mga mamimili na maabot ang round mark na $150 ngunit hindi makapunta doon. Gayunpaman, pabor na ngayon ang mga sentimyento, at gustong samantalahin ng mga mamimili.  Ang Kimberly-Clark Corp. ay nakikibahagi sa paggawa at

2023-07-24Industriya

Top 5 CDP Platforms Of LSDfi

Tech  Nangungunang 5 CDP Platform ng LSDfi  10 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Decentralized finance (DeFi) has gained significant traction in recent years, and one of its most popular products is Collateralized Debt Position (CDP). Within the flourishing DeFi landscape, LSDfi has emerged as a prominent player, offering innovative stablecoin solutions. Lets find out with Coincu the top 5 CDP platforms of LSDfi.  What is Collateralized Debt Position (CDP)?  The CDP system is a sophisticated agreement that enables users to lock up their collateral in a secure smart contract. In return, they receive a decentralized stablecoin issued by the platform. Unlike traditional stablecoins pegged to centralized authorities, these stablecoin maintains their value by being backed by the collateral locked in the CDP.  Top 5 CDP platforms of LSDfiMakerDAO – DAI  MakerDAO, a prominent Ethereum-based blockchain protocol, has been at the forefront of decentralized finance (DeFi) since its inception. One of its innovative creations, the Collateralized Debt Position (CDP) system, has garnered significant attention within the blockchain industry.  The mechanics of a CDP are simple yet powerful. When a user deposits collateral into the smart contract, it undergoes a process of collateralization, determining the amount of DAI they can generate. This process ensures that there is always

2023-07-24Industriya

Bitcoin’s dull price action ignites buying interest in LINK, FIL, SNX and THETA

Bitcoin  Ang mapurol na pagkilos ng presyo ng Bitcoin ay nag-aapoy ng interes sa pagbili sa LINK, FIL, SNX at THETA  6 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Bitcoin (BTC) is struggling to rise above the overhead resistance at $31,000 but a minor positive is that the bulls have not allowed the price to dive below the $29,500 support. This suggests that a catalyst may be needed for the price to break out from its range.  On the macroeconomic front, the Federal Reserves meeting on July 25 and 26 is an important event to keep an eye on. The FedWatch Tool shows a 99.2% probability of a 25 basis point rate hike in the meeting. If that happens, the markets may not witness a knee-jerk reaction as the hike seems to have been priced in. However, any surprise move by the Fed could thrust the price out of the range.  Several analysts expect the range to break soon but there is no consensus on the direction of the breakout. If the price breaks below the range, analysts expect a significant downside. Some are even projecting a fall closer to $20,000.  If Bitcoin moves higher, select altcoins could attract buyers. Lets study the charts of top-5

2023-07-24Industriya

Investors Shun Ethereum Classic for InQubetas AI and Unique DeFi approach, QUBE 5X Incoming?

Ethereum  Investors Shun Ethereum Classic for InQubetas AI and Unique DeFi approach, QUBE 5X Incoming?  49 segundo ang nakalipas Balita ng Ethereum ng Bitcoin  The crypto tides continue to shift, causing ripple effects throughout the market as new players rise to prominence, challenging established projects. A recent example of this phenomenon is InQubeta, an AI-driven project with a unique DeFi approach, whose native token QUBE, has been stealing the limelight and catching the eyes of savvy investors. Many of these market players seem to be shunning Ethereum Classic (ETC) in favour of InQubeta‘s exciting proposition. Is a 5x increase on the horizon for QUBE? Let’s delve into this intriguing development and what it could mean for the crypto space.  InQubeta: The New Kid on the Block  InQubeta has captivated the crypto market with its innovative blend of AI, DeFi, and NFTs. This promising start-up offers fractional investment opportunities in AI start-ups through its QUBE token, leveling the playing field for investors of all budgets. The tokens utility is not merely limited to investment access; QUBE holders can also participate in governance decisions, earning rewards from a dedicated pool funded by transaction taxes.  The presale of the QUBE token has garnered tremendous attention, raising more than $1.6

2023-07-24Ethereum

Is a Bitcoin Crash to 20K STILL Possible? Experts Weigh in...

Bitcoin  Posible pa ba ang Bitcoin Crash hanggang 20K? Tinitimbang ng mga Eksperto…  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  After a period of relative stability, the worlds premier cryptocurrency, Bitcoin, appears poised for a substantial move. Analysts and traders across the globe are tuning in, keeping their eyes glued to their screens, as speculation is rife that Bitcoin could crash to $19,000. Is a Bitcoin crash to 20K still possible?  Bitcoin Data shows that BTC is currently locked under the $30,000 mark, which has now emerged as an intraday resistance. July 22 witnessed a brief dip to $29,640 before recovering in time for the daily close. Despite this rebound, the crypto community remains apprehensive about a further decline.  The current price action of BTC raised the alarm, as prices showed a double-top rejection in Bitcoins trend. Drawing insights from the three-day chart analysis, we advise caution and the importance of noting key levels in case of a further plunge.  Nebraskan Gooner, a fellow trader, and analyst also sees a bearish trend in Bitcoin‘s immediate future. Noting that Bitcoin has slipped below its narrow range held for the past month, Gooner admits that a drop in Bitcoin’s value seems likely.  As Bitcoins value hovers uncertainly, volatility

2023-07-24Industriya

Shiba Inu Outflows Skyrocket 923% Overnight While Price Remains Study

Tech  Lumalakas ang Shiba Inu Outflow 923% Magdamag Habang Nananatiling Pag-aaral ang Presyo  11 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Altcoin News  Significant 24-hour Surge in SHIB Outflows from Large Holders Wallets, reaching 2.47 trillion SHIB.  Unclear Reasons for Sudden Increase in SHIB Outflows despite Stable Price Trends.  Concerns Over Massive SHIB Concentration among Whales, Including Large Centralized Exchanges Wallets.  Based on on-chain data, there was a notable increase in Shiba Inu outflows from the wallets of large holders within a 24-hour period on Saturday, rising from 268 million to 2.47 trillion SHIB.  The reason behind this sudden change remains unclear, especially as the price of Shiba Inu did not display any significant fluctuations during the same timeframe. Additionally, some of the outflowing tokens were offset by incoming tokens, though in smaller quantities.  Shiba Inu whales hold a significant amount of SHIB  It is worth noting that a significant portion of the Shiba Inu supply, approximately 636.42 trillion SHIB, including the burn address, is held in whale wallets, many of which belong to large centralized exchanges hot wallets. The resilience shown by these wallets in the face of substantial outflows raises speculation about the possibility of coordinated efforts by centralized entities, who may have been strategically moving tokens between

2023-07-24Industriya
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