More Delay In Ripple Lawsuit Judgement? This Could Be Reason

Mga Balita sa Crypto: The intense grilling of US Securities and Exchange Commission (SEC) Chair Gary Gensler before the House Financial Services Committee came as a welcome move for the crypto market. In fact, the criticism Gensler faced during the hearing could act as a validation of long pending demand for regulatory clarity in the crypto market space. The lawmakers not only questioned the status quo but also sought Genslers opinion on the legal framework behind crypto assets.  加密货币新闻:美国证券交易委员会 (sec) 主席 gary gensler 在众议院金融服务委员会接受严厉质询,这对加密货币市场来说是一个受欢迎的举措。事实上,gensler 在听证会上面临的批评可以作为对加密市场领域监管清晰度的长期未决需求的验证。立法者不仅质疑现状,还就加密资产背后的法律框架征求了 gensler 的意见。  Gayundin Basahin: Ang Prediction ng Presyo ng Bitcoin 2024 ng Nangungunang Bangko ay Pumukaw sa Market, Ngunit Talaga Bang Mangyayari Ito?  另请阅读: top bank 的 2024 年比特币价格预测令市场兴奋,但它真的会发生吗?  Several Congressmen expressed the need for immediate resolution to the regulatory issues surrounding trade of cryptocurrencies in the United States. Hence, it is possible that Gensler could face more of such Congressional hearings in that pursuit. But whether such hearings will further delay outcome from the legal route in crypto related lawsuits remains to be seen.  几位国会议员表示需要立即解决围绕美国加密货币贸易的监管问题。因此,gensler 可能会在这一追求中面临更多此类国会听证会。但此类听证会是否会进一步延迟加密相关诉讼的法律途径结果还有待观察。  Ripple Lawsuit Summary Judgement Delay  瑞波诉讼摘要判决延迟  After the ruling in the Ripple Vs SEC lawsuit in March 2022, experts have been predicting that the Summary Judgement could be out any time before May 6, 2020, which

2023-04-25Industriya

Ethereum up 20% in April while Markets Pro sees 379% gain in one day

Ethereum  Tumaas ng 20% ang Ethereum noong Abril habang ang Markets Pro ay nakakakita ng 379% na nakuha sa isang araw  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Cointelegraph Markets Pro stunned traders on April 8th with a massive 379% gain from a single alert. The AI-powered crypto trading platform detects market-moving events as they happen. One of the indicators pointing to these events is the VORTECS™ score.  On April 7th, the OG Fan Token was getting ready for a remarkable rally. OG Fan Token is a cryptocurrency created for esports clubs to interact easier with their fans. In partnership with the blockchain mobile applications Socios.com, the OG esports club powered by the CHZ token aims to enhance the sporting experience. OGs rally this week was followed by an interest spike in fan tokens like CITY and BAR.  The token was trading at $2.90 when its VORTECS™ score — a historical “snapshot” comparison between current and past market conditions for individual coins — rose above 75. Over the next 24 hours, OG‘s price skyrocketed to $13.90. That’s a remarkable jump of 379%!  Five days later, traders could have captured additional gains as OG took off again. On April 13th, a VORTECS™ score of 80 lit

2023-04-25Ethereum

Institutional Investors Shift to Ethereum (ETH) Following Successful Shapella Upgrade: CoinShares

Ethereum  Institutional Investors Shift to Ethereum (ETH) Following Successful Shapella Upgrade: CoinShares  11 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Digital assets manager CoinShares says institutional investors are diving into leading smart contract platform Ethereum (ETH) after its successful Shapella upgrade.  In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that institutional ETH investment products saw inflows of $17 million last week, a sign of investor bullishness, according to the firm.  Pinagmulan: CoinShares  Despite Ethereums big week of inflows, digital asset investment products overall suffered $30 million in outflows. King crypto Bitcoin (BTC) took the brunt of the losses, losing $53.1 million last week. Overall, BTC institutional investment products are still in the green by more than $250 million over the last four weeks.  Most altcoins followed in Ethereums footsteps with minor inflows. Multi-asset institutional investment products raked in $1.5 million while Polygon (MATIC), Solana (SOL) and Litecoin (LTC) products took in $1 million, $0.2 and $0.7 million respectively. XRP products suffered outflows of $0.4 million.

2023-04-25Ethereum

Heres the Critical Support for ETH Following a 14% Weekly Plunge (Ethereum Price Analysis)

Ethereum  Heres the Critical Support for ETH Following a 14% Weekly Plunge (Ethereum Price Analysis)  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  After a prolonged period of consolidation without a clear direction, the cryptocurrency market has finally undergone a correction, with most coins decreasing in value. Ethereum was no exception, as its price has plunged by 14%, hitting a significant support zone.  Ang Pang-araw-araw na Tsart  Ethereum recently surpassed its prior major swing high at $2K due to its impulsive uptrend, providing a significant bullish sentiment by indicating a positive trend reversal. However, the price quickly formed a head-and-shoulder reversal pattern and was rejected, resulting in a 14% plummet.  Nevertheless, the price has now arrived at a crucial support region comprising the 50-day moving average of $1800 and the 100-day moving average of $1705.  Therefore, the price action within the $1.7K-$1.8K range must be closely monitored since a breakout from this critical support zone will likely determine Ethereums near future direction. If the cryptocurrency falls below this vital area, its previous major swing low at $1.4K will serve as the primary support for the price in the mid-term.  Pinagmulan: TradingViewAng 4-Oras na Tsart  According to the 4-hour timeframe, Ethereum‘s price rally came to an end when it attempted

2023-04-25Ethereum

ETH Boston Conference and Hackathon Returns April 28-30 at Boston University – Press release Bitcoin News

Bitcoin Ethereum  ETH Boston Conference and Hackathon Returns April 28-30 at Boston University – Press release Bitcoin News  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  pahayag  PALABAS SA PRESS. ETH Boston and The Boston DAO are thrilled to announce the return of ETH Boston, a conference and hackathon event taking place at Boston University on April 28-30, 2023.  The conference will feature three stages of 50+ industry experts, founders, and builders, technology-specific workshops, networking events, and a hackathon. We are excited to bring to you high quality discussions with tracks covering DeFi, Infrastructure, Data, Identity, Zero-Knowledge, DAOs, DeSci, Institutional Adoption, Regulation, and more!  ETH Boston aims to build awareness and directly impact developers, investors, students, and companies who are creating the next generation of infrastructure and applications that will power the decentralized web.  The ETH Boston Hackathon provides an opportunity for builders to display their technical abilities and creativity across a 3-day competition where hackers will work to create innovative ideas and products to be judged for cash prizes and funding.  We are excited to invite you to participate in this upcoming event and contribute to the growing ecosystem of the decentralized web. Please join us in Boston for ETHBoston 2023, and be a part of the

2023-04-25Ethereum

Nansen Shares Updated Data: Total ETH Locked Touches All-Time High

Ethereum  Nansen Shares Updated Data: Total ETH Locked Touches All-Time High  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Nansen has shared updated data regarding the total ETH locked.  Data shows that the total ETH locked has hit an all-time high since Shapella.  According to the latest data, 18,879,775 ETH are locked.  Blockchain data and research platform Nansen has shared updated data regarding the total ETH locked. The latest data reveal that the total ETH locked has hit an all-time high since the Shapella upgrade.  Nansen data depicts that at present, 18,879,775 ETH are locked. Locked ETH represents the ether that is out of circulation. These include the ETH staked on the beacon chain, the ETH deposited to the beacon contract but not validating yet, and also the rewards on the beacon contract.  The blockchain data platform has also shared additional information, revealing that 894,671 ETH are waiting for a full exit. Additionally, 27,809 validators are also waiting for a full exit, according to the data. Nansen also pointed out that 86.4% of validators have updated the 0x01 withdrawal address.  The analytics platform also highlighted that there could be a potential negative balance wave as withdrawals are processed in the coming days.  On April 12th, Ethereum underwent a significant upgrade

2023-04-24Ethereum

KuCoins Official Account Hacked, 9 ETH and 0.2 BTC Stolen

Bitcoin Ethereum  KuCoins Official Account Hacked, 9 ETH and 0.2 BTC Stolen  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Arman Shirinyan  Luckily, hackers haul not as big as they probably anticipated  KuCoin, a popular cryptocurrency exchange, experienced a breach in its Twitter account, which resulted in scammers stealing approximately 8.7 ETH (around $16,000) and 0.235 BTC (about $6,500) from users. The security incident occurred on April 24 (UTC+2), lasting for about 45 minutes, during which fraudulent activity was posted from the compromised @kucoincom handle.  The exchange has assured users that it will fully reimburse all verified asset losses caused by the social media breach and the fake activity. It is important to note that only KuCoin‘s Twitter account was compromised in this incident, and the platform acted quickly to regain control of the account with the help of Twitter’s official support. KuCoin has reiterated that users assets on the platform remain secure.  As of 2:00 a.m. on April 24 (UTC+2), 22 transactions involving ETH/BTC associated with the fake activity were identified, totaling a value of 22,628 USDT. In an effort to prevent more users from being affected, KuCoin is currently examining and blocking suspicious addresses connected to the fraudulent activity.  To further enhance the security of its

2023-04-24Ethereum

Trading system on Ethereum with ADX

This new article will examine, and test on Ethereum, one of the most widely used indicators in trading for trend following type strategies: ADX.  This indicator, whose acronym stands for “Average Directional Movement Index,” is used to measure the strength of a trend.  If the indicator tends toward low values then the trend will be almost absent, but if the ADX takes high values then the underlying trend will be more significant.  An example of how ADX is used on an Ethereum chart can be seen in Figure 1. The indicator ranging from 0 to 100 is calculated over the last 5 days, and as can be seen in the initial part of the chart, in the presence of extended and explicit trends, the indicator takes values above the average threshold line of 50.  During the up-trend that occurred on Ethereum in early 2023 it was seen how the ADX went from a value of 20 to highs of over 90.  The crypto market does spend a lot of time in a trend, whether bullish or bearish, and it is therefore very likely to see very high ADX values as in the case just described.  An important distinction is also made by the fact that ADX

2023-04-23Ethereum

Tether Mints Massive One Billion USDT Stablecoins on Ethereum Extending Its Market Dominance

Tether CTO Paolo Ardoino called the minting of the new stablecoins as part of replenishing its inventory.  USDT-stablecoin issuer Tether is making yet another move to extend its dominance in the $132 billion stablecoin market. Last night, Tether announced the minting of another one-billion USD-pegged token on the Ethereum blockchain network.  Tether CTO Paolo Ardoino called the minting of the new stablecoins as part of replenishing its inventory. He further added that it was “an authorized but not issued transaction, meaning that this amount will be used as inventory for the next period [of] issuance requests and chain swaps”.  As we know, Tether‘s USDT is the most dominant stablecoin in the market currently. With a market cap of $81 billion, it is also the third-largest digital asset currently in the crypto space. Although there have been allegations in the past about Tether issuing more stablecoins than the cash reserves, they aren’t proven so far. Furthermore, Tether has also managed to swiftly handle liquidity even during tough market conditions as well as the crypto winter of 2022.  Tether is also among the dominant stablecoin issuer on the Ethereum blockchain network. The total amount of USDT on the Ethereum blockchain network is more than 35 billion

2023-04-23Ethereum

Metropolitan Commercial Bank to Exit Crypto Intensifying Crisis

New York Metropolitan Commercial Bank is to stop crypto operations.  The recent closure of crypto-banks has created a crisis in the crypto industry.  Since the consecutive collapse of crypto-friendly banks in March 2023, the crypto industry has needed a strong banking partner in the United States. Further increasing the hardships for the industry, Metropolitan Commercial Bank closed its operations due to the current market scenario.  MCBank Closing Crypto Operations  According to Metropolitan Commercial Bank‘s (MCBank) April 18, 2023, SEC filling, crypto deposits were around $278.5 Million. On March 31, 2023, excluding the crypto clients, the bank’s total deposits were around $4.9 Billion. Its parent company Metropolitian Bank Holding announced in January 2023 about exiting crypto operations.  This decision closely follows the arrest of FTXs former boss, Sam Bankman-Fried, who is facing trials for several financial crimes. The collapse of one of the leading crypto exchanges in the world was a event in the crypto industry. It started a contagion effect that affected almost everyone directly or indirectly with FTX.  MCBank served four crypto clients, contributing to 1.5% of its total revenue, around $1 Million. 6% of the banks total deposits came from them, around $342 Million. These details were released in their Q3 2022 filing.  The Crypto

2023-04-23Industriya
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