Pinakabagong Balita sa Crypto at Market Updates

Bitcoin Jumps to More Than Two-Week High on Relief Over US Debt Ceiling

(Bloomberg) — Bitcoin climbed to the highest level in more than two weeks amid a boost to investor sentiment from a deal on raising the US debt limit.　　The largest digital token added as much 3.2% on Monday and was trading at $28,182 as of 9:32 a.m. in Singapore, oscillating around its 50-day moving average. Smaller tokens ranging from Ether to Binance Coin also posted gains.　　The debt-ceiling deal between President Joe Biden and House Speaker Kevin McCarthy has helped risk appetite in global markets. But the agreement still has to clear Congress quickly to avert a US default. A recent jump in Treasury yields and bets on more US monetary tightening are other potential headwinds.　　“This mornings positive risk sentiment directly relates to the resolution of the debt-ceiling impasse,” said John Toro, head of trading at digital-asset exchange Independent Reserve. “Front-end funding costs remain highly elevated relative to crypto returns, resulting in negative carry for long holders. This will continue to prove a headwind for risk assets and the crypto complex.”　　Bitcoin is on a five-day streak of gains — its best stretch since March — alleviating a challenging quarter due to poor liquidity and a US crackdown.　　Crypto markets have partially rebounded in

2023-05-29Industriya

Gold prices slip on US debt limit deal, Fed rate-hike bets

(Reuters) – Gold prices edged lower on Monday as a tentative deal sealed over the weekend to suspend the U.S. debt ceiling coupled with jitters around higher-for-longer interest rates dampened demand for the non-yielding metal.　　Spot gold was down 0.1% at $1,944.09 per ounce by 0252 GMT, hovering near two-month lows hit on Friday. U.S. gold futures were listless at $1,943.30.　　Hurting golds appeal as a safe-haven asset, U.S. President Joe Biden said on Sunday he had finalized a budget agreement with House Speaker Kevin McCarthy to suspend the $31.4 trillion debt ceiling until Jan. 1, 2025 and that the deal was ready to move to Congress for a vote.　　Moreover, data on Friday showed U.S. consumer spending increased more than expected in April and that inflation accelerated.　　The report raised the chances of a 25-basis-point hike by the U.S. central bank in June to 65.3% and rates staying there for the rest of the year, according to the CME FedWatch tool.　　“The fact the odds of a hike were as low as 17.4% just over a week ago show how expectations for a Fed pause have been abandoned, helping the US dollar rise for a third week and weigh on gold prices,” City Index

2023-05-29Industriya

Ethereum Price Gearing For Another Lift-Off to $2K: Recovery Isnt Over Yet

Balita ng Ethereum ng Bitcoin　　Ethereum is currently showing positive signs above the $1,850 resistance zone.　　Ang presyo ay nakikipagkalakalan sa itaas ng $1,880 at ang 100-oras na Simple Moving Average.　　Mayroong isang pangunahing linya ng trend ng bullish na bumubuo na may suporta malapit sa $ 1,870 sa oras-oras na tsart ng ETH USD (data feed sa pamamagitan ng Kraken).　　The pair could rise further if it clears the $1,920 resistance.　　Ethereum Price Recovers 4%　　Ethereums price remained supported above the $1,750 level. ETH formed a base and recently started a fresh increase above the $1,820 resistance, similar to Bitcoin.　　The bulls were able to pump the price above the $1,850 resistance. It even spiked above the $1,900 level. However, the bears are still active near the $1,920 resistance. A high is formed near $1,929 and the price is now consolidating gains.　　Ether is trading above $1,880 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support near $1,870 on the hourly chart of ETH/USD.　　The price is now trading near the 23.6% Fib retracement level of the recent increase from the $1,837 swing low to the $1,929 high. Immediate resistance is near the $1,920 zone. The next major resistance is

2023-05-29Ethereum

JPMorgan and Too-Big-To-Fail Banks Are Right To Panic Over American CBDC: Yanis Varoufakis

Balita ng Ethereum ng Bitcoin　　The former prime minister of Greece says the current banking regime is rightfully wary of a central bank digital currency (CBDC) in the US.　　Writing in an op-ed for Project Syndicate, Yanis Varoufakis says fears of future CBDCs are similar to the fears of smoking restrictions.　　Just as cigarette companies lamented the rise of smoking restrictions, Varoufakis says JPMorgan and the other Too-big-to-fail (TBFT) banks view CBDCs as a government-backed threat against their business.　　Varoufakis says that contrary to popular belief, CBDCs arent necessarily the dystopian nightmare that many critics believe them to be.　　He believes a CBDC system could be far more private and resistant to tyranny than the current private banking apparatus.　　Pagtanggi: Ang mga opinyon na ipinahayag sa The Daily Hodl ay hindi payo sa pamumuhunan. Dapat gawin ng mga namumuhunan ang kanilang nararapat na pagsusumikap bago gumawa ng anumang mga pamumuhunan na may mataas na peligro sa Bitcoin, cryptocurrency o digital assets. Mangyaring pinapayuhan na ang iyong paglilipat at mga kalakal ay nasa iyong sariling peligro, at ang anumang pagkawala na maaari mong makuha ay ang iyong responsibilidad. Hindi inirerekumenda ng Daily Hodl ang pagbili o pagbebenta ng anumang mga cryptocurrencies o digital assets, at hindi rin

2023-05-29Industriya

Bitcoin Soars $28,000 After US Debt Ceiling Lift Ready To Vote

Bitcoins weekly situation update showed positive signs, with the price surpassing the $28,000 threshold after the agreement to raise the debt ceiling was announced and voted on.　　After seeing the positive news from the US debt ceiling lifting and, like the market comments from the previous article, BTC recovered when it touched the support area at $25,800 and retested the $27,000 and $28,200 areas.　　Currently, in the H4 time frame, the price is close to the strong resistance area combined with the indicators that are located in the overbought area. BTC may correct slightly here. However, on the weekly time frames, the price has appeared strong reversal confirmation candles and is likely to retest the $30,000 – $31,000 area.　　BTC price in the weekly frame. Source: TradingView　　On May 28, according to local time, US President Biden said in a speech that he had reached a final agreement with House Speaker McCarthy on raising the debt ceiling and called on Congress to approve the agreement as soon as possible.　　Biden said that reaching a debt ceiling agreement was an important step forward: “This agreement averted the worst of the crisis” and “eliminated the risk of catastrophic default.” He strongly urged the House of Representatives and

2023-05-29Bitcoin

Investors Show Confidence In Collateral Network (COLT) As Ethereum (ETH) And Ripple (XRP) Price Decline

Ethereum　　Nagpapakita ng Kumpiyansa ang mga Investor sa Collateral Network (COLT) Habang Bumababa ang Presyo ng Ethereum (ETH) At Ripple (XRP)　　4 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　If you are looking for a booming crypto project, you should invest in Collateral Network (COLT) without any delay, as its presale is selling out fast. Collateral Network is expected to explode by 100x in 2023, surpassing the market biggies like Ethereum (ETH) and Ripple (XRP). Read on to know more.　　BUMILI NG COLT TOKENS NGAYON　　Ethereums (ETH) Gas Fees Spiked　　The Ethereum network recently hit the headlines after its transaction count and gas fees spiked significantly. Etherscans data shows that the average transaction cost on the Ethereum network surged to a high of 155.8 gwei on May 5 from a low of 9.07 gwei in October, where 100 gwei cost around $3.74.　　Increased transactions on the Ethereum network have also made validators earn more. According to market analysts, the key reason behind Ethereums soaring gas fees is the rising hype around meme coins like Sponge (SPONGE) and Pepe (PEPE).　　However, experts are concerned that the rising gas fees of the Ethereum network can prompt many developers to switch to other scalable networks like Cardano. The price of Ethereum

2023-05-29Ethereum

Heres What Next For Bitcoin & Ethereum Price This Week - Expert Reveals Critical Price Levels

Bitcoin Ethereum　　Narito ang Susunod Para sa Presyo ng Bitcoin at Ethereum Ngayong Linggo – Inihayag ng Eksperto ang Mga Kritikal na Antas ng Presyo　　2 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Crypto enthusiasts are eagerly watching Ethereum (ETH) and Bitcoin (BTC) as a top analyst, Justin Bennett, shares valuable insights on their current status.　　Ethereum at $1,890 next week？　　According to Bennett in his recent tiririt, Ethereum is at a critical point of around $1,835. This level controls ETH‘s next move. Will it rise above $1,890 next week？ Will they resist？ Ethereum is currently valued at $1,831, below Bennett’s important threshold. However, breaking above $1,835 might push Ethereum to $1,890 in the coming week, while resistance could spell a struggle.　　Ethereums price is currently at $1,831, close to this critical level.　　Pagsusuri ng Presyo ng Bitcoin　　In relation to this, Bennett highlights the importance of Bitcoin‘s performance in today’s close in his recent Daily Price Action newsletter. It‘s all getting heated as Bulls are striving to reclaim the $26,500-$26,700 range and the daily close will provide crucial insights into the market’s direction. The crypto community eagerly awaits the outcome.　　Notably, Bitcoins recent close below $26,500 which happened first time since mid-march, a support level held for months,

2023-05-28Ethereum

This Pundit Believes Ethereums Price Could Tap $450,000 In the Next 2 Decades — Heres Why ⋆ ZyCrypto

Ethereum　　Ang Pundit na Ito ay Naniniwala na Ang Presyo ng Ethereum ay Maaaring Mag-tap ng $450,000 Sa Susunod na 2 Dekada — Narito Kung Bakit ⋆ ZyCrypto　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　As Ethereum continues to waver amid a broader downturn in the crypto market, one pundit has ignited a fervent debate with a bold prediction regarding the second-largest crypto asset.　　Adam Cochran, a partner at activist venture capital firm CEHV, took to Twitter on Saturday to present a compelling case for the possibility of Ethereums price surging to over $450,000 within the next two decades.　　Cochran‘s argument began by urging individuals to view Ethereum not as a typical company but as an innovative blockchain-based infrastructure surpassing traditional models’ constraints. To counter those who expressed skepticism regarding the feasibility of a 20-fold increase in ETH, he drew comparisons between Ethereums market value and that of technology giants such as Apple and Amazon.　　At the core of Cochran‘s analysis was the immense volume of securities processed, an astonishing $2.5 quadrillion in the previous year alone. The pundit noted that if these securities were handled on the Ethereum blockchain, accompanied by a minimal 0.05% gas fee, it would result in the annual burning of

2023-05-28Ethereum

ETH’s Mean Block Size Reached A 1-Month High: On-Chain Data

Ethereum　　ETHs Mean Block Size Reached A 1-Month High: On-Chain Data　　1 minuto ang nakalipas　　Balita ng Ethereum ng Bitcoin　　Glassnode announced in a tweet this morning that Ethereums Mean Block Size has reached a new 1-month high.　　At press time, the leading altcoin was worth about $1,847.37 after a 0.96% price increase.　　Over the past 2 days, ETHs price had flipped the resistance levels at $1,816.5 and $1,842.6 into support.　　The on-chain analysis platform, Glassnode, recently shared on Twitter that the mean block size of Ethereum (ETH) has reached a new 1-month high, measuring 121,439.928. This surpassed the previous high of 121,327.386, which was observed on 27 May 2023.　　ETH mean block size (Source: glassnode)　　The block size refers to the amount of data or transactions included in a single block of the blockchain. This increase indicates a larger average data volume in recent blocks, potentially improving network capacity and transaction throughput.　　Meanwhile, at press time, CoinMarketCap indicated that ETH was trading hands at $1,847.37 after a 0.96% price increase over the past 24 hours. As a result, ETH was trading closer to its daily high of $1,859.79 than its 24-hour low of $1,817.49.　　However, the leading altcoin‘s positive performance was not enough for it to strengthen against its biggest

2023-05-28Ethereum

Jimbos Protocol Falls Victim to Attack, Losing $7.5 Million Worth of ETH

Ang PeckShield, isang kilalang kumpanya ng seguridad ng blockchain, ay iniugnay ang hack sa isang kahinaan sa mekanismo ng pagkontrol ng slippage ng protocol, na nagpapahintulot sa mga umaatake na samantalahin ang mga hindi balanseng hanay ng presyo para sa kanilang pinansyal na pakinabang.　　Ang Jimbos Protocol, na binuo sa network ng Arbitrum, ay malawak na kilala para sa pagpapadali ng desentralisadong probisyon ng pagkatubig at pagpapagana ng mahusay na pagpapalit ng token. Gayunpaman, ang mga kakulangan sa seguridad nito ay pinagsamantalahan ng mga malisyosong aktor, na humahantong sa makabuluhang pag-urong sa pananalapi na ito.　　Inimbestigahan ng PeckShield ang insidente at natukoy ang ugat ng pag-atake. Ayon sa kanilang mga natuklasan, ang kakulangan ng protocol ng slippage control sa liquidity-shifting operations ay nagpapahintulot sa mga attacker na manipulahin ang hanay ng presyo, at sa gayon ay kumikita mula sa isang reverse swap. Ang kahinaan na ito ay nagbigay-daan sa kanila na mag-siphon ng malaking halaga ng ETH mula sa mga reserbang liquidity ng protocol.　　Ang pag-atake ay nagsisilbing matinding paalala ng kahalagahan ng matatag na mga hakbang sa seguridad sa decentralized finance (DeFi) ecosystem. Bagamat nag-aalok ang mga DeFi protocol ng maraming benepisyo tulad ng mas mataas na accessibility at pinansiyal na soberanya,

2023-05-28Ethereum

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