Bitcoin Investors Sink Into Fear, Time For Rebound?

Data shows that Bitcoin investors have been showing signs of fearful sentiment as the price of the cryptocurrency has plunged below $27,000.  Bitcoin Social Dominance Spike Suggests Fear In Market  Ayon sa data mula sa on-chain analytics firm Santiment, BTCs social dominance has seen an uplift recently. The “Bitcoin social dominance” is an indicator that measures the percentage of the total discussions involving the top 100 assets by market cap that mention BTC.  Ang sinasabi sa atin ng panukat na ito ay kung paano inihahambing ang kasalukuyang interes sa BTC sa mga mamumuhunan sa mga altcoin. Sa kasaysayan, ang mataas na interes sa mga altcoin (ibig sabihin ay mababa ang social dominance ng BTC) ay naging tanda ng kasakiman sa merkado.  Karaniwan, ang mga merkado ay nakakakuha ng isang mas mataas na posibilidad na lumipat sa tapat ng mas malawak na sentimento sa merkado kung mas ang damdamin ay nakasandal sa isang partikular na direksyon. Kaya, sa panahon ng kasakiman, ang mga pagwawasto sa mga presyo ay maaaring maging mas malamang.  Kapag mataas ang social dominance ng BTC, gayunpaman, ito ay senyales na ang interes sa BTC ay mataas sa ngayon. Ang ganitong mga kondisyon ng merkado ay maaaring maiugnay sa pagkakaroon ng takot, at

2023-05-19Bitcoin

We Asked ChatGPT If Ethereums Price Can Flip Bitcoin in the Next 5 Years, Heres the Answer

A topic as old as time, if time was a few years old – will Ethereum flip Bitcoin in terms of total market cap? Will ETH overtake BTC?  This has been the “to be or not to be” in the cryptocurrency industry, and it pins communities against each other like no other. It‘s true that BTC has been the predominant market leader ever since it has been created, but a few years ago, who would have thought that another cryptocurrency would have a market cap worth over 40% of Bitcoin’s? Well, thats the case for Ethereum today.  So, we decided to do what any sane person in 2023 would do – ask an AI language model what it (?) thinks. ChatGPT is all the rage in 2023, so who better to ask?  Maaari bang i-flip ng Ethereum ang Bitcoin?  First things first, we prompted ChatGPT with this exact question: “Do you think Ethereum‘s price can flip Bitcoin’s price in the next 5 years?”  The AI came back to us, explaining that this is an outcome thats “uncertain and depends on various factors.”  Kabilang dito ang:  According to ChatGPT, Ethereums robust ecosystem and use cases, such as DeFi, NFTs, and whatnot, could help it flip Bitcoin.  Ethereums broader use

2023-05-19Ethereum

Rich Dad Poor Dad Author Says Buy Bitcoin, Crash Landing Coming

Prominent financial guru and writer again confirms his support for Bitcoin as he makes another prediction of major crisis coming  The financial expert, investor and nonfiction writer mostly famous for his book “Rich Dad Poor Dad,” Robert Kiyosaki, has taken to Twitter to talk Bitcoin again after a break.  He again asserted that a “crash landing” for the global economy is coming and spoke in favor if Bitcoin and other hedges against the economic collapse he has been expecting to happen since 2020.  “Bitcoin is best insurance”  Robert Kiyosaki stated that Bitcoin, gold and silver remain the “best insurance” in the current economic situation in the U.S. He believes that a “crash landing” is coming, rather than a soft landing or hard landing, as some others may believe. He added that he hopes to be wrong, though.  SOFT LANDING? HARD LANDING? O CRASH LANDING? sabi ko crash landing. Sana mali ako pero yun ang pinaniniwalaan ko. Mataas ang corruption at corrupt ang mga pinuno. Bumili ng gokd, pilak, Bitcoin. Pinakamahusay pa ring seguro laban sa katiwalian at kawalan ng kakayahan,  — Robert Kiyosaki (@theRealKiyosaki) Mayo 18, 2023  Kiyosaki has been a vocal Bitcoin advocate since 2020. Before that, he had been just stocking up on BTC on

2023-05-19Bitcoin

Will ETH let go of its NFT throne? This data may compel you to think...

Since the inception of NFTs Ethereum-based NFTs have been dominating the market. Blue chip Ethereum NFTs such as BAYC and MAYC have been immensely sought after since their launch and their demand hasnt been paralleled in the markets.  Makatotohanan o hindi, narito ang market cap ng ETH sa mga tuntunin ng BTC  However, the dominance of these NFTs could soon decline due to the emergence of popular Bitcoin-based NFTs.  New kid around town  According to CryptoSlams data, the trading volume of Bitcoin Frogs NFT exceeded 2.27 million US dollars in the past 24 hours. The collection managed to surpass prominent Ethereum NFTs such as HV-MTL and BAYC.  Furthermore, its floor price reached 0.14 BTC. Coupled with that, the transaction volume of Bitcoin NFTs, including BRC-20, reached 7.6 million US dollars in the past 24 hours. This surpassed Solana and accounted for approximately 48.5% of the total Ethereum NFT volume.  This spike in interest in Bitcoin NFTs could threaten many blue chip NFT collections on the Ethereum network. The floor price of many of these NFTs had already begun to decline.  According to NFTGOs data, the floor price of the BAYC NFT collection declined by 12.83% in the last 30 days. Additionally, the floor price of MAYC NFT

2023-05-19Ethereum

Ethereum Price Faces Confluence Of Bearish Factors and At Risk of Another Decline

Ethereum  Ethereum Price Faces Confluence Of Bearish Factors and At Risk of Another Decline  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ethereum is currently facing many hurdles near the $1,840 resistance zone.  Ang presyo ay kinakalakal sa ibaba $1,820 at ang 100-oras na Simple Moving Average.  Mayroong isang pangunahing linya ng takbo ng alon na bumubuo na may pagtutol na malapit sa $ 1,825 sa oras-oras na tsart ng ETH / USD (data feed sa pamamagitan ng Kraken).  Ang pares ay maaaring magsimula ng bagong pagtaas kung aalisin nito ang $1,825 at $1,840 na antas ng paglaban.  Ang Presyo ng Ethereum ay Nakaharap sa Paakyat na Gawain  Ethereums price remained in a bearish zone below the $1,840 zone. ETH started a fresh decline below the $1,800 level and showed a few bearish signs, similar to Bitcoin.  The price even declined below the $1,780 level. A low is formed near $1,772 and the price is now correcting losses. There was a move above the $1,800 level. The price cleared the 50% Fib retracement level of the downward move from the $1,834 swing high to the $1,772 low.  Ether is now trading above $1,820 and the 100-hourly Simple Moving Average. There is also a major bearish trend line forming with resistance

2023-05-19Ethereum

Coinbase One launches amid regulatory challenges

Tech  Inilunsad ang Coinbase One sa gitna ng mga hamon sa regulasyon  12 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Inilunsad ng Coinbase ang serbisyo ng subscription nito, ang Coinbase One, sa 35 na bansa, na nagpapahiwatig ng pagbabago sa modelo ng kita nito sa gitna ng patuloy na mga legal na hindi pagkakaunawaan sa US Securities and Exchange Commission.  Inanunsyo ng Coinbase ang paglulunsad ng Coinbase One, isang bagong serbisyo ng subscription, sa 35 bansa sa buong mundo, kabilang ang United States, United Kingdom, Germany, at Ireland. Ang paunang roll-out ay nakatakdang palawakin sa 31 pang bansa sa malapit na hinaharap, kahit na ang isang partikular na timeline ay nananatiling hindi malinaw.  Ang paglipat patungo sa isang modelong nakabatay sa subscription ay nagmula sa mga hamon na kinakaharap ng Coinbase sa pagpapanatili ng mga bayarin sa pangangalakal, na tradisyonal na bumubuo ng malaking bahagi ng kita ng kumpanya.  Gayunpaman, ang kumpanya ay mukhang mahusay sa bagong direksyon, na ang mga subscription at kita ng serbisyo ay umaabot sa $362 milyon, na nagmamarka ng 28% quarter-over-quarter na pagtaas mula sa huling quarter ng 2022, tulad ng inihayag sa kanilang unang bahagi ng ulat ng kita sa Mayo. .  Pinuri ng Portfolio co-manager ng Amplify Transformational Data Sharing

2023-05-19Industriya

Judge Orders FDIC to Return Tax Refund Checks to SVB Financial

Tech  Inutusan ng Hukom ang FDIC na Ibalik ang Mga Tsek sa Pagbabalik ng Buwis sa SVB Financial  10 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  In a court ruling in New York, the Federal Deposit Insurance Corp. (FDIC) has been ordered to return tax refund checks it took out of the hands of SVB Financial Group, a bankrupt company seeking to compensate bondholders. SVB Financial Group is the corporate parent of failed Silicon Valley Bank. The decision poses concerns the FDIC, which had its sights set on claiming future tax refunds.   On Wednesday, a judge issued a ruling that compels the FDIC to surrender some $10 million worth of tax refund checks made out to SVB Financial Group, Reuters and other sources reported. This marks at least a momentary triumph for the latter in its mission to compensate bondholders.  SVB Financial Group Owes Bondholders  During a court hearing in Manhattan, SVB Financial Groups representative, James Bromley, reportedly disclosed that the company anticipates receiving some $300 million in tax refunds over the next two years.  These refunds, resulting from overpaid taxes, hold great value for SVB Financial. The group needs these crucial assets to repay its creditors.  This may be good news for SVB Financial and certain

2023-05-19Industriya

New Strategy for Rich Investors and HNIs- Alternative Investment

Pananalapi  Bagong Diskarte para sa Mayamang Mamumuhunan at HNI- Alternatibong Pamumuhunan  9 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Every successful business person and finance enthusiast asserts the importance of money distribution. Many believe that money distribution is a way of putting money into different streams. But the dedicated uses should also enable the investor to earn good yields.  Investing is putting money in avenues to generate revenue based on utility purposes. Real estates, gold, and stock investments are among the most desirable investments.  Gold, stocks, and real estates are the most secure places for investing. These investments have become prone to volatility, market fluctuations, and trend flows lately.  Alternative investments have become the next favorite destination for investors with huge pockets.  Alternative Investments are investments made in assets that are not traditional. This kind of investment provides the investor with portfolio diversification and higher earnings. Not only this, it also gives them a chance to mitigate their loss-making investments.  Unlike traditional investments, where anybody can invest, Alternative Investments usually allow high-net-worth investors. To invest in alternative investments, the investor needs to be financially literate. These non-traditional destinations demand critical analysis, product-specific knowledge, and handling skills.  These investment options have a relatively negative correlation with the market, ranging from

2023-05-19Industriya

Coinbase Cloud Joins Chainlink Network to Enhance Web3 Data Quality

Tech  Ang Coinbase Cloud ay Sumali sa Chainlink Network upang Pahusayin ang Kalidad ng Data ng Web3  8 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  14 segundo ang nakalipas | 2 mins basahin  Coinbase Cloud partners with Chainlink to bring high-quality data to the Web3 ecosystem.  The collaboration leverages Coinbase Clouds multi-region infrastructure and validator expertise.  Coinbase Clouds participation highlights its dedication to the decentralized ecosystem.  Sa isang kamakailang anunsyo, Coinbase Cloud, a prominent player in the cryptocurrency industry, has unveiled its partnership with Chainlink, a decentralized oracle network. By becoming a node operator on the Chainlink Network, Coinbase Cloud aims to contribute to the advancement of Web3 by securely connecting smart contracts with real-world data.  Dependable data transmission through Coinbase Cloud  The collaboration brings together Coinbase Clouds multi-region infrastructure and extensive experience in running high-performance validators, offering significant potential for the growth of the multi-chain ecosystem. Using Chainlinks decentralized oracle technology, Coinbase Cloud seeks to deliver reliable and high-quality data to support a wide range of applications within the Web3 landscape.  Coinbase Cloud‘s decision to join the Chainlink Network as a node operator underscores its dedication to enhancing data transmission’s security, reliability, and efficiency in the decentralized ecosystem. With a well-established reputation in the cryptocurrency industry, Coinbase Cloud brings

2023-05-19Industriya

BonklerNFT skyrockets with 120.3% surge, hits all-time high of 32.8 ETH

Ethereum  Ang BonklerNFT ay tumataas nang may 120.3% surge, umabot sa lahat ng oras na mataas na 32.8 ETH  6 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  After the first BonklerNFT was sold for $125,000, the coin had another good day with a 120.3% increase in floor price, according to CoinGecko.  With a basis on the Ethereum blockchain, the NFTs reached an all-time high of 32.8 ETH ($58,666 dollars).  Introducing BonklerNFT  As of today, the price floor for Bonkler rests at $58,607, reflecting a considerable 24-hour sales volume of 15.00 ETH. Notably, a total of 33 NFTs have been minted, with ownership distributed among 24 distinct holders, resulting in a cumulative market capitalization of $1,934,039.  At its core, Bonkler represents a year-long experimental finance art project, pushing the boundaries as a trailblazing reserve-backed NFT. The projects Paced Generative Mint introduces a one-of-a-kind journey, gradually revealing rarities over the course of the year.  Through a fusion of speculative complex aesthetics and rarity, Bonklers design intentionally obscures traditional price discovery, creating an environment that fosters intrigue and exploration within the NFT landscape.  Part of its uniqueness comes from new Bonkler creations that materialize every 23 hours, captivating bidders with increments of 0.1 ETH, along with its incorporation of redeemable shares, which

2023-05-19Industriya
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