Bulls Retake Control of the LUNC Chart

Terra Classic price prediction suggests the bulls are stepping in the price action after the recent decline. Presently, the price of the LUNC token is testing its 100 EMA resistance on a daily timeframe. The bulls are giving their best efforts in order to push the price up, though the multiple barriers presented by the price action imply buyers may find this target challenging to attain in the near future.  Terra blockchain protocol operates fiat-pegged stablecoins to power a global payment procedure. As per its white paper, Terra fuses price stability and wide adoption of fiat currencies with censorship resistance of Bitcoin including prompt and affordable settlements. Terras native token is LUNC.  The present value of LUNC is $0.000094, It has a market capitalization of around $544.11 Million.  Rise in LunarCrush Levels Regarding LUNC  Source: LUNC/USDT by LuanrCrush  There is a bounce in the majority of LunarCrush parameters. The total bullish sentiment metric has surged by 11.74%. A sharp rise of 54.35% is observed in the total social engagement level, which suggests potential investors in the community are optimistic regarding the further increase in LUNC crypto.  Nutarl Greed Sentiment Of Investors  Source: LUNC/USDT by Alternative(dot)me  Investor sentiments regarding the overall cryptocurrency market are presently neutral. The markets sentiment

2023-07-18Industriya

Financial Stability Board releases framework for global crypto-asset regulation

The Financial Stability Board, an international body that monitors and makes recommendations about the global financial system, has finalized its global regulatory framework for crypto-asset activities and published several “high-level” recommendations for the regulation, supervision, and oversight of the crypto industry and markets.  The watchdog said the framework and recommendations were developed based on feedback received during its public consultation and an in-depth review of the events that took place in the crypto industry during the past year.  According to the FSB:  “The events of the past year have highlighted the intrinsic volatility and structural vulnerabilities of crypto-assets and related players.”  Additionally, high-profile collapses in the industry — such as FTX — have demonstrated the potential for a domino effect when critical service providers fail, causing risk to spread quickly throughout the ecosystem.  The FSB believes that the deepening connection between traditional finance and cryptocurrencies could increase risk levels in the broader financial market. To manage this potential threat, they suggest implementing stricter regulations on the cryptocurrency sector  The FSBs framework aims to ensure that regulation related to cryptocurrencies and stablecoins is comprehensive and consistent across borders. It also aims to ensure that these rules do not stifle technological innovation in the industry.  Rekomendasyon  The watchdog published two

2023-07-18Industriya

Ethereum L2 Solution zkSync Unveils Game-Changing Mega Upgrade with New Features

Ethereum  Ethereum L2 Solution zkSync Unveils Game-Changing Mega Upgrade with New Features  5 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Altcoin News  zkSync, an Ethereum Layer 2 scaling solution, has unveiled its latest mega upgrade, Boojum.  Boojum upgrade brings several benefits to the table.  The upgrade process of Boojum is designed to have no adverse impact on the network.  Ethereum Layer 2 scaling solution zkSync has anunsyado its latest mega upgrade, named Boojum, aimed at enhancing overall performance and efficiency. The upgrade introduces a STARK-powered proof system, enabling improved performance on consumer-grade hardware. Boojum includes the RUST-based cryptographic library, powering the upgraded ZK circuit version for zkSync Era and the ZK Stack.  What are the benefits of zkSyncs new system  The upgrade offers several benefits, including significantly higher efficiency with orders of magnitude beyond the current 100 transactions per second (TPS) capability. It also reduces hardware requirements, contributing to decentralization goals. zkSync aims to enable user-powered, decentralized proof generation, and Boojum is a step forward in that direction, with the prover running on consumer-grade GPUs and requiring only 16 GB GPU RAM.  The upgrade process is designed not to have any negative impact on the network. Boojum is currently deployed on the mainnet, allowing the shadow-proofing of transactions for testing

2023-07-18Ethereum

This Bitcoin Continuation Pattern Points To 3-6 Months Of Uptrend Ahead

Bitcoin price is pulling back after a strong finish in the crypto market last week. However, this past Sunday nights weekend close was also the close of the 4-week BTCUSD chart, which has potentially confirmed a high timeframe continuation pattern.  If the continuation pattern is indeed valid, it could point to 3-6 months of an extended uptrend, making 2023 an extremely bullish year in the end. Here is everything you need to know about the bullish continuation pattern and what it could mean for the crypto market.  Bullish Candlestick Continuation Pattern To Light Up Second Half Of 2023  2023 has been an interesting year in the cryptocurrency market. Bitcoin has been mostly bullish, but nothing compared to what weve witnessed in the past — as recently as 2020. Meanwhile, altcoins have been long suffering an onslaught from the US SEC. This has kept Bitcoin further at bay against the US Dollar, while eating up altcoin capital on the BTC pair.  Despite an important week for the industry and BTCUSD setting a new high for the year, Bitcoin lost some momentum and is now trading below $30,000 per coin. However, before the correction happened, the 4-week BTCUSD candle also closed on Sunday night.  The 4-week timeframe

2023-07-18Bitcoin

Elon Musk Confirms Twitters Negative Cash Flow amidst 50% Plunge in Ad Revenue

Tech  Kinumpirma ni Elon Musk ang Negative Cash Flow ng Twitter sa gitna ng 50% Plunge sa Ad Revenue  26 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Insufficient earnings on Twitter suggest that the platforms advertising revenue may not have rebounded as quickly as previously anticipated.  Elon Musk, the CEO of Tesla and SpaceX, who also holds the position of CTO at Twitter, recently revealed the social media platform‘s ongoing negative cash flow and the weight of its debt burden. Musk cited a 50% drop in advertising revenue and a significant debt burden as the reasons behind Twitter’s ongoing cash flow challenges.  Responding to a tweet about potential recapitalization options, the billionaire entrepreneur emphasized the need for Twitter to achieve positive cash flow before pursuing other endeavors. He further revealed that the popular social media platform he acquired for $44 billion did not witness the expected increase in advertising revenue in June but expressed some optimism for July.  Were still negative cash flow, due to ~50% drop in advertising revenue plus heavy debt load. Need to reach positive cash flow before we have the luxury of anything else.  Musk also said that July showed more promise in advertising revenue while acknowledging that Twitter Spaces and the audio

2023-07-18Industriya

Inanunsyo ng Orbs ang dLIMIT at dTWAP protocol sa Chronos DEX platform

Pananalapi  Inanunsyo ng Orbs ang dLIMIT at dTWAP protocol sa Chronos DEX platform  24 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ang pambihirang tagumpay na dLIMIT at dTWAP protocol na binuo ng Orbs, isang network ng imprastraktura ng Layer-3 para sa mga desentralisadong app (dApps) na nagpapahusay sa mga kakayahan ng mga smart contract ng EVM, DeFi, GameFi, NFT, at Web3, ay ipapatupad na ngayon sa Chronos, isa sa mga pangunahing decentralized exchange (DEXs) na mga platform sa Arbitrum.  Bilang resulta ng pagsasama, ang mga mangangalakal ng Chronos DEX ay mayroon na ngayong access sa mas kumplikadong mga uri ng order, na nagbibigay-daan sa kanila na garantiya ang presyo ng kanilang mga kalakalan habang hinahati din ang mas malalaking order sa mas maraming bilang ng mas maliit, mas mapapamahalaan na mga transaksyon, ayon sa pinakabagong impormasyong ibinahagi sa Finbold noong Hulyo 17.  Kapansin-pansin, ang Chronos ay ang pinakabagong makabuluhang DEX upang isama ang mga protocol ng dLMIT at dTWAP ng Orbs. Kasama sa iba pang kilalang DEX na nagawa na ito ang QuickSwap, SpookySwap, at Thena.  Ang lugar ni Orbs bilang nangunguna sa industriya sa DeFi innovation ay higit na pinagtibay sa bawat bagong pagsasama ng dLIMIT at dTWAP. Ipinapakita nito ang kapasidad ng teknolohiya ng

2023-07-18Industriya

Bitcoin Overthrown: XRP Takes Command, Claims 20% of Crypto Market

Bitcoin crypto  Bitcoin Overthrown: XRP Takes Command, Claims 20% of Crypto Market  19 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ang XRP ay naging mga headline kamakailan dahil nalampasan nito ang Bitcoin (BTC) upang maging pinakamataas na dami ng asset sa crypto market.   Ang groundbreaking development na ito ay kredito sa kamakailang desisyon ng korte na nagdeklara ng XRP bilang isang non-security, na nagpadala ng shockwaves sa industriya. Ayon sa isang ulat ng smart data portal na Kaiko, ang XRP ay naging responsable para sa isang nakakagulat na 21% ng lahat ng dami ng kalakalan ng crypto mula noong nagdesisyon.  Ang tagumpay ng XRP laban sa Bitcoin ay kahanga-hanga, ngunit ang katotohanang nagawa nitong makuha ang ikalimang bahagi ng multi-bilyong dolyar na merkado sa loob ng ilang araw. Ang hindi pa naganap na paglago sa dami ng kalakalan ay maliwanag dahil halos dalawang bilyong XRP token ang na-trade sa Binance spot market sa loob ng tatlong oras pagkatapos ng anunsyo.  Isang araw lamang bago ang napakalaking tagumpay na ito, batay sa parehong data ng Kaiko, na ang XRP ay umakyat upang maging pangatlo sa pinakamalaking digital asset ayon sa dami ng kalakalan. Ang pataas na trend na ito ay pinalakas ng pag-asa ng mga mamumuhunan

2023-07-18Industriya

Ang pag-reclaim ng 50-DMA sa 17.40 ay mahalaga para sa pagpapatibay ng bounce – SocGen

Pananalapi  Ang pag-reclaim ng 50-DMA sa 17.40 ay mahalaga para sa pagpapatibay ng bounce – SocGen  17 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ang USD/MXN ay umuusad sa isang makitid na hanay sa paligid ng 16.75 na rehiyon. Sinusuri ng mga ekonomista sa Société Générale ang teknikal na pananaw ng pares.  Overstretch ang downtrend  Ang USD/MXN ay nakaranas ng walang humpay na downtrend pagkatapos masira sa ibaba ng patagilid na pagsasama-sama noong 2021/2022. Bagamat medyo nakaunat ang hakbang, hindi pa nakikita ang mga senyales ng makabuluhang rebound.  Ang mga susunod na potensyal na layunin ay nasa 16.60/16.40 at mga projection na 15.90. Ang pagkamit ng mga antas na ito ay maaaring magresulta sa isang yugto ng rebound gayunpaman ang pag-reclaim ng 50-Day Moving Average malapit sa 17.40 ay mahalaga para sa pagpapatibay ng isang makabuluhang up-move.

2023-07-18Industriya

Litecoin is Predicted to Reach $101.51 By Jul 22, 2023

Pananalapi  Ang Litecoin ay Hinulaang Aabot sa $101.51 Sa Hul 22, 2023  11 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ang Litecoin ay bumaba -3.61% ngayon laban sa US Dollar  Bumaba ang LTC/BTC ng -2.88% ngayon  Bumaba ang LTC/ETH ng -2.50% ngayon  Litecoin is currently trading 9.74% below our prediction on Jul 22, 2023  Ang Litecoin ay nakakuha ng 19.12% noong nakaraang buwan at tumaas ng 65.56% mula noong 1 taonLitecoin na presyo$91.62Hula ng Litecoin$101.51DamdaminFear & Greed indexMga pangunahing antas ng suporta$92.02, $91.04, $89.39Mga pangunahing antas ng paglaban$94.65, $96.29, $97.27  Ang presyo ng LTC ay inaasahang tataas ng 10.80% sa susunod na 5 araw ayon sa aming hula sa presyo ng Litecoin  ay nakikipagkalakalan sa $ 91.62 pagkatapos mawala ang -3.61% sa huling 24 na oras. Hindi maganda ang performance ng coin sa cryptocurrency market, dahil ang kabuuang crypto market cap ay bumaba ng -3.24% sa parehong yugto ng panahon. Mahina ang performance ng LTC laban sa BTC ngayon at nagtala ng -2.88% na pagkawala laban sa pinakamalaking cryptocurrency sa mundo.  According to our Litecoin price prediction, LTC is expected to reach a price of $ 101.51 by Jul 22, 2023. This would represent a 10.80% price increase for LTC in the next 5 days.  Tsart ng Hula ng Presyo ng

2023-07-18Industriya

Raoul Pal On Why A Massive Bitcoin, Crypto Rally Is Imminent ⋆ ZyCrypto

Bitcoin crypto  Raoul Pal Sa Bakit Isang Napakalaking Bitcoin, Crypto Rally ang Nalalapit ⋆ ZyCrypto  9 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Former hedge fund manager Raoul Pal has made a bold statement about Bitcoin and the entire cryptocurrency market. Pal, who is known to be vocal about his sentiments on the market, is positive that Bitcoin, along with the rest of the crypto market, will experience a mega bull run in the near term.  Pal made this known in a recent pakikipanayam on the Real Vision Crypto media, as he asserted that the market is imitating bullish patterns from the 2015 – 2016 cycle. Pal claims that the current market is mirroring a structure similar to that time.  As he further explains, in 2019, the market started off on a bullish note and saw a 300% pump over a period of time. The market later experienced a massive decline, and eventually rallied by more than 700% within a short period.  The market should expect to see more chaos within the banking sector, which will cause the Federal Reserve to intervene, Pal asserted.  As hes quoted saying;  Presently the KRE ETF (Regional Banking ETF) is valued at $43.13, and Pal is asserting that the KRE ETF can

2023-07-18Industriya
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