Pinakabagong Balita sa Crypto at Market Updates

HedgeUp (HDUP) Presale Flourishes, Outperforming Cosmos (ATOM) and Polygon (MATIC) Amid Investors Skepticism

Balita ng Ethereum ng Bitcoin　　HedgeUp (HDUP), an emerging trading platform introducing the concept of asset-backed trading, has been making waves in the cryptocurrency market. Its recent presale has attracted significant attention from the cryptocurrency community, particularly from Bitcoin (BTC) and Monero (XMR) whales who are constantly on the hunt for high returns and ground-breaking projects.　　What Attracts Bitcoin (BTC) and Monero (XMR) Whales to HedgeUp (HDUP)？　　Whales, in the crypto parlance, refer to individuals or entities that hold a large number of certain cryptocurrencies. Bitcoin (BTC) and Monero (XMR) whales are known for their strategic investments and their ability to influence market trends. What attracts them to HedgeUp (HDUP) lies in its unique value proposition and its potential for high returns.　　Bitcoin (BTC) whales, who have seen the massive growth and acceptance of Bitcoin (BTC) over the years, are always on the lookout for projects that could replicate or even surpass Bitcoins success. They see immense potential in HedgeUp (HDUP), especially with its approach to asset-backed trading, which provides an attractive balance of risk mitigation and profitability.　　Monero (XMR) whales, known for their appreciation for privacy and security, also find HedgeUp‘s (HDUP) presale an attractive investment. HedgeUp (HDUP)’s commitment to maintaining high standards of

2023-05-25Industriya

SEC Calls SPAC’s Financial Statements Unreliable As Stock Faces Delisting

Digital World Acquisition Corp., which plans to merge with the parent company of Donald Trumps Truth Social platform, received a warning last week from regulators finding accounting errors in its last financial report, threatening to delist the firm from Nasdaq, on top of two investigations that have delayed the deal with Trump.　　key Katotohanan　　In a May 18 filing, the Securities and Exchange Commission found Digital World Acquisition, a special purpose acquisition company (SPAC) that signed a deal in 2021 to merge with Trumps media company to take Truth Social public, had made accounting errors in its annual financial report for 2022.　　The year-end report can “no longer be relied upon,” SEC regulators said, and Digital World is now developing a remediation plan to address the “material weakness” in its “internal control over financial reporting,” per the filing.　　Digital World Acquisition also has not filed an earnings report for the first quarter of 2023, which is required for all companies listed on Nasdaq.　　The company has until July 24 to submit a plan or be delisted from the stock exchange—the SEC can then accept or deny the companys plan, and if it rejects it, Digital World can appeal.　　In a public statement on Thursday addressing the

2023-05-25Industriya

Reental enters Fortnite metaverse - The Cryptonomist

The Fortnite Metaverse welcomes a tokenized real estate investment company to the Fortnite Creative section: Rentaal.　　The Spanish fintech startup has created its new virtual island to offer different experiences to its followers.　　Reentals new virtual island in the Fortnite metaverse　　A new entry in the Fortnite metaverse has arrived: the Spanish tokenized real estate investment startup Reental.　　Thanks to a partnership with StadioPlus, Reental has reached out to the video game world and then purchased its virtual island on Fortnite so it can also offer its followers new immersive experiences.　　For those not yet familiar with it, Reental describes itself as the European leader in tokenized properties and the global leader of Spanish-speaking investors in this sector.　　Not only that, with a community of more than 8,000 users from more than 55 countries, the Spanish fintech offers investment opportunities in different types of properties, with expected returns of more than 10% year-on-year and 24/7 liquidity.　　Its entry into the Fortnite metaverse came with the creation of Inmopark, the virtual island where fans and potential customers can enjoy a different, revolutionary, gamified experience.　　Metaverse: Fortnite and Reental harness the potential of virtual worlds　　Spanish startup Reental appears to be tapping into the potential of the emerging Metaverse merkado, choosing

2023-05-25Industriya

Bulls seek new support below $63 in extended downtrend – Cryptopolitan

Balita ng Ethereum ng Bitcoin　　Todays Aave price analysis suggests a persistently bearish scenario. The ongoing circumstances continue to favor the bears, with the price steadily declining. Presently, Aave is valued at $63.49, and there are indications that it may further descend in the near future. Such a development could potentially exacerbate the already significant decline in the cryptocurrency market. Nevertheless, there are discernible signs of support at approximately $62.22, as evidenced by the price rebounding after briefly touching this level earlier today.　　The 1-day price chart for Aave price analysis indicates a bearish trend, with the price levels continuing to decline. Today, the price has even breached the crucial support level of $64, further intensifying the downward movement. At present, the AAVE/USD price is positioned at $63.49 and is anticipated to venture into a lower range in the near future. It is worth noting that the moving average (MA) value on the price chart is currently observed at $64.65.　　AAVE/USD 1-araw na chart ng presyo. Pinagmulan: TradingView　　The bearish trend has remained steady since yesterday, accompanied by relatively mild volatility. The upper and lower Bollinger band values have converged at $68.5 and $60.5, respectively, serving as resistance and support levels. Additionally, the Relative

2023-05-25Industriya

Binance Suspends Multichain Deposits as Rumors Swirl

Balita ng Ethereum ng Bitcoin　　Binance has temporarily suspended token deposits to Multichains bridge token networks after five days of stuck transactions on several cross-chain pathways.　　Affected swap pairs include POLS-BSC, ACH-BSC, BIFI-FTM, SUPER-BSC, AVA-ETH, SPELL-AVAXC, ALPACA-FTM, FTM-ETH, FARM-BSC, and DEXE-BSC.　　No Word From Multichain on Releasing Funds and Clearing Pathways　　The crypto exchange suspended deposits after the Multichain management team did not address the stuck transactions. Crypto Twitter speculated the project might be under force majeure after its management was allegedly arrested in China.　　Multichain co-founder DJ Qian insisted that the team CEO was “not available yet” amid increasing frustration on the projects Telegram group.　　One user, Emeka Achodor, claimed their funds were stuck for five days on Thursday. Several other users complained of diminishing ETH liquidity across all Multichains pools.　　Multichain allows crypto asset swaps over bridges through pegged tokens or liquidity pools. A router determines the best swap method.　　Users can swap tokens across 70 chains, including Fantom, Kava, and Harmony, using cross-chain bridges or a network of liquidity pools. They can exchange multichain tokens like USDC only if sufficient liquidity exists on both chains.　　Neu13 pointed out that funds in smart contracts prove that the team didnt execute a rug pull.　　Neu 13 Suggests Team May

2023-05-25Industriya

Crypto Leverage ‘Is Only a Problem’ When it Impacts Traditional Finance: EU Watchdog

Balita ng Ethereum ng Bitcoin　　Crypto contagion risk is low today, but a European watchdog is keen to keep it that way.　　A new report from the European Systemic Risk Board (ESRB) found that the industrys economic impact is minimal, but recommends policy options that would allow EU bodies to better monitor the crypto sector and mitigate any risks.　　Among other suggestions, such as actively monitoring contagion and education, the ESRB also highlighted the importance of monitoring leveraged trading in the crypto industry.　　Assessing the state of crypto trading in Europe today, the European watchdogs report also suggests that “coordination and cooperation” between Europe and countries abroad is crucial to ensuring that this economic impact does indeed stay low. This is due to the “cross-border nature” of cryptocurrencies, said the ESRB.　　Its expected to generate further discussion around the matter, specifically how to ensure that the risks related to the interconnection of crypto and traditional finance remain low.　　“The approach should be to further monitor the situation and not implement strict policies preemptively, in particular as the risk for banks from direct exposure to crypto-assets has already been limited by the Basel Committee‘s mandate that crypto-assets other than tokenized RWAs and should have a risk weight

2023-05-25Industriya

Jim Cramer on Dollar Tree earnings: ‘estimates were horrendous’

Balita ng Ethereum ng Bitcoin　　Shares of Dollar Tree Inc (NASDAQ: DLTR) are down 15% on Thursday after the discount retailer said it missed earnings estimates in its fiscal first quarter.　　Dollar Tree stock down on slashed guidance　　The stock is taking a hit also because the management cited “elevated shrink” and trimmed profit guidance for the full year.　　Dollar Tree now forecasts up to $6.13 of per-share earnings in fiscal 2023. Reacting to its outlook, famed investor Jim Cramer said today on CNBCs “Squawk on the Street”:　　They reported same-store sales that werent that good. But their estimates, horrendous.　　Overall comparable sales climbed 4.8% in its recently concluded quarter versus up 3.6% expected. Dollar Tree stock is now down 5.0% versus the start of the year.　　Notable figures in Dollar Tree earnings　　Nakakuha ng $299 milyon kumpara noong nakaraang $536.4 milyon　　Ang mga kita sa bawat bahagi ay bumaba rin mula $2.37 hanggang $1.35　　Inayos ang EPS na naka-print sa $1.47 ayon sa press release　　Ang kita ay tumaas ng 6.1% taon-sa-taon sa $7.32 bilyon　　Ang pinagkasunduan ay $1.52 isang bahagi sa $7.28 bilyong kita　　Gross margin contracted 340 basis points to 30.5%　　The retailers guidance for the current quarter also came in well below the Street estimates. Cramer added:　　Seems like they don‘t

2023-05-25Industriya

U.S. Treasury yields soar and Bitcoin stumbles amid debt ceiling, rate hike concerns

Balita ng Ethereum ng Bitcoin　　U.S. Treasury yields experienced a notable rise this week, causing increased apprehension in the market. Notable upswings occurred on Wednesday and Thursday when concerns over the debt ceiling and speculation over interest rate hikes pushed yields to record highs.　　In the early hours of Thursday, May 25, the yield on the 12-month Treasury bill reached 5.18%, while the 6-month bill reached 5.41%. The yield on the 3-month bill reached 5.33%. The 10-year Treasury reached 3.76%, while the 2-year Treasury saw a seven basis point increase to 4.46%.　　Yields on 10-year, 2-year, and 1-month Treasury bills on May 25 (Source: Bloomberg)　　“Treasuries” refer to U.S. government securities that represent the debt obligations of the United States government as it borrows money to finance its operations. Treasury yields are the return on investment investors receive by holding these securities. They are a vital benchmark in the financial market, serving as a critical indicator of market sentiment, inflation expectations, and overall economic conditions in the country.　　While several factors contribute to the rate of return on Treasury yields, demand is the most significant. When investors exhibit higher demand, prices increase, resulting in a decrease in yields. Conversely, when demand weakens, prices decline, leading

2023-05-25Industriya

The Open Network (TON) Partners With DWF Labs and Amazon Web Services to Host DeFi and Data Analytics Hackathon

Balita ng Ethereum ng Bitcoin　　The Open Network (TON), a breakthrough technology that aims to integrate all blockchains and the Web2 internet into a single open network, is conducting a decentralized finance (DeFi) and data analytics hackathon in collaboration with DWF Labs and Amazon Web Services (AWS) under the banner of Hack-a-TON.　　Developers with an interest in DeFi and data analytics may create, code, learn, and network while realizing their ideas at the hackathon. Participants will have access to virtual seminars taught by knowledgeable mentors and experts, interact with a thriving community of Web3 builders, and present their ideas at the event‘s conclusion. DWF Labs will invest in the winning proposal to help them realize their vision. The overall prize pool also includes awards worth another 150,000 USD worth of TON and AWS Credits for USD 115,000 in addition to the 150,000 USD worth of TON in prize money, which is the native cryptocurrency of TON. Transaction fees, staking to secure the TON blockchain, directing the network’s growth, and payment settlement are all done using TON.　　All participants will have access to frequent online seminars during the hackathon, and mentors from AWS, DWF Labs, and TON will be available to help teams online

2023-05-25Industriya

How A Women’s Suiting Startup Has Navigated The Past Three Years

When I met Annabel Gatto, Founder and CEO of Suitably, in February of 2020, I began digging into the formal workwear market. I was about to publish a story right here a month later, where I was going to tell you that – despite offices having become more casual over the prior decade – 54 percent of hiring managers in Miami, New York City, and Washington, D.C. wanted to see candidates wearing suits to interviews and even tech companies thought jackets were appropriate for an interview.　　At that time, I also validated that for business occasions when suiting isnt technically necessary, wardrobe choices can be more difficult for women than men, either because of fashion decisions to be made or because women feel suiting connotes authority they otherwise may be perceived as lacking.　　Given all of this, I was excited about Suitably‘s entrance into the market. Unlike the older Theory or the newer Suitsupply, it immediately resonated with me as a reflection of a new way of working and living. From the beginning, the brand has leveraged innovative fabric that’s high quality, seasonless and machine-washable, relies on stretch, and is travel-ready with wrinkle-resistance.　　While it didn‘t make sense to publish the story on

2023-05-25Industriya

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