Bitcoin analyst issues warning, dip below $24k could be inevitable

Bitcoin  Ang Bitcoin analyst ay nagbigay ng babala, ang pagbaba sa ibaba ng $24k ay maaaring hindi maiiwasan  5 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Sa liwanag ng katamtamang 3% na pagbaba sa loob ng huling 24 na oras, ang negosyante at analyst ng cryptocurrency na si Ali Martinez ay dinala sa Twitter upang ipaliwanag ang kanyang paniniwala na ang presyo ng bitcoin ay malamang na magpapatuloy sa pababang trend nito.  Sinabi ni Martinez na ang nangungunang cryptocurrency ay lumilitaw na nawawalan ng suporta mula sa mga mahahalagang antas, na nagdaragdag ng posibilidad ng isang makabuluhang pagwawasto ng presyo. Mayroong malaking hadlang sa demand sa pagitan ng $23,200 at $24,000, kung saan ang 340,000 BTC ay binili ng 850,000 na mamumuhunan, na may kabuuang $8,946,930,000.  Ang mangangalakal na si Peter Brandt at iba pang mga eksperto ay nag-echo ng mga katulad na sentimyento, na nagpapahiwatig na ang pagbaba ng bitcoin sa chart ng presyo ay maaaring magpatuloy. Natukoy kamakailan ni Brandt ang isang umuunlad na pattern ng “bandila” sa isang tsart ng BTC, na nagmumungkahi na ang isang karagdagang pagwawasto ay maaaring asahan.  Ang Bitcoin, na nakikipagkalakalan sa $26.200 sa oras ng press, ay bumaba ng 3.9% sa pagtatasa ng presyo sa loob ng 24

2023-05-25Industriya

XRP Ledger Celebrates Monumental Milestone

Tech  XRP Ledger Celebrates Monumental Milestone  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Alex Dovbnya  The XRP Ledger (XRPL), a prominent blockchain underpinning Ripples XRP cryptocurrency, has marked a significant milestone by successfully closing 80 million ledgers in roughly 10.5 years  In a significant achievement for the XRP ecosystem, the XRP Ledger has successfully closed 80 million ledgers in approximately 10.5 years, according to XRPScan, a prominent blockchain explorer for the XRP Ledger. A ledger, in the context of blockchain technology, refers to a record of transactions that occur within the network.  This milestone represents the speed, reliability, and increasing adoption of the XRP Ledger as a technology for processing transactions on the Ripple network.  The XRP Ledger, often abbreviated as XRPL, was launched in December 2012 to enable real-time, cross-border payments. It is an open-source, decentralized blockchain technology that facilitates fast, low-cost international transactions. The XRPL enables anyone to send any currency to anyone else in mere seconds, making it an ideal solution for cross-border transactions.  However, while the XRPL has received praise for its speed and low transaction costs, it has also faced criticism for its degree of centralization. Although technically a decentralized network, the XRP Ledgers close association with Ripple Labs and the large

2023-05-25Industriya

Metaplex’s Latest Updates Have Community Members Riled Up

Tech  Ang Mga Pinakabagong Update ng Metaplex ay Nagalit ang mga Miyembro ng Komunidad  15 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Metaplex, a company that creates NFT tools for creators and developers on the Solana blockchain, introduced protocol update plans for its token metadata program yesterday, drawing community backlash.  This latest update will introduce immutability to token metadata but will ensure that its key characteristics are preserved. It will also introduce network fees of around 0.01 to 0.001 SOL to the token metadata program on select instructions.  Stephen Hess, the CEO of Metaplex, told Blockworks that “the goal of adding small transaction fees on Token Metadata is to align the protocol with the success of the community it serves and to fund on-going innovation including the completion of the Token Metadata program and continued development of new technology like Compressed NFTs, which we introduced late last year.”  Unlike on the Ethereum blockchain, where ERC (Ethereum request for comment) represents a blueprint of how contracts should function on the network, Solana does not yet have these interfaces, Mert Mumtaz, the co-founder and CEO of Helius, a Solana infrastructure company, told Blockworks.  This means that a single program owned by a single team will set the standard, Mumtaz

2023-05-25Industriya

$SOULS Comes with Unique Gaming Experience

Pananalapi  Ang $SOULS ay May Natatanging Karanasan sa Paglalaro  9 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The Unfettered or $SOULS represents the first story-based AA game which has in-game earnings, non-fungible tokens (NFTs), and Metaverse. According to The Unfettered(dot)io, “it is a role-playing video game that offers an unparalleled decentralized gaming experience on the blockchain.”  The game features a soulslike genre which is developed by Trender Software on the Unreal Engine 4. It is designed to provide players with an immersive and challenging gaming experience. While the mission of this game is to provide true gaming freedom. Also providing a vision is to create a fair and transparent gaming ecosystem, as it further continued.  In this game, the Founders Pass will be the key that unlock a world which gives an unparalleled experience. As per its official site, it also gives its owner access to a world of exclusive benefits and opportunities, from private events to limited-edition assets.  Moreover, The Unfettered offers valuable NFTs that are collectable in-game, such as weapons and armors. These NFTs can give the players true ownership of their virtual assets. This further gives them the ability to trade and sell them on the blockchain without the need for a centralized

2023-05-25Industriya

Ripple buys Pantera Capital’s minority share in Bitstamp 

Tech  Binili ng Ripple ang bahagi ng minorya ng Pantera Capital sa Bitstamp  8 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ripple has bought Pantera Capitals minority stake in Bitstamp, a European-based cryptocurrency exchange.  Ripple extends its financial reach  Galaxy Digital Holdings revealed in its latest quarterly report that it had advised Pantera Capital, an American crypto-asset investment firm, to sell its Bitstamp shares to Ripple.  Galaxy Digitals CIO, Christopher Ferraro, also confirmed the decision in a conference call with shareholders earlier in the month.  However, he did not specify exactly why Galaxy Digital advised Pantera to offload the shares, leaving some observers to speculate on the parties intentions in the deal.  3. The sale is not described as an acquisition, so why did Ripple do it? Wouldn‘t expect it’s a pure financial play. For LH? ODL? What are the forward looking intentions here? Also, Bitstamp HQ is in London.  According to media reports, Pantera bought about $10 million worth of Bitstamp shares in 2013, just before the crypto exchange became a mainstay in the industry.  Based in Luxembourg, Bitstamp is one of the longest-running crypto exchanges, with a presence in over 50 countries.  The exchange is one of Ripples on-demand liquidity (ODL) partners. Additionally, Bitstamp has expanded its services on

2023-05-25Industriya

Multichains Cross-Chain Fund Delays Cause 20% Fall In Token Price

Tech  Ang Pagkaantala ng Cross-Chain Fund ng Multichain ay Nagiging sanhi ng 20% Pagbagsak ng Presyo ng Token  6 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  An unusual delay has been reported in Multichains cross-chain funds.  Several routes were temporarily suspended by Multichain, including Kava, zkSync, and Polygon zkEVM.  Multichain reassured users of efforts to complete the upgrade, secure funds, and resume transactions.  Several users have noted an unusual delay in the arrival of Multichains (previously known as Anyswap) current cross-chain funds. In response to this concern, the official Multichain representative stated on Discord that the upgrade of the backend nodes took more time than initially anticipated.  Multichain announced on May 23 that the upgrade of the backend node is taking longer than expected. They mentioned that most routes are operating as usual, but temporary suspensions are in effect for specific routes, including Kava, zkSync, and Polygon zkEVM.  Multichain assured users that once the upgrade is complete, all affected transactions will be processed and delivered accordingly. Multichains telegram admin shared: Only one router is left in the upgrade progress. The other 6 routers work fine now.  Moreover, they reassured users that efforts are being made to complete the upgrade on the remaining router, and once that is done, everything

2023-05-25Industriya

How Is Cryptocurrency A New Era in Financial Innovation? – Cryptopolitan

Pananalapi  Paano Ang Cryptocurrency Isang Bagong Era sa Financial Innovation? – Cryptopolitan  5 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Over the past decade; the world has witnessed the meteoric rise of cryptocurrency, a digital form of currency that has revolutionized the financial landscape. From its humble beginnings with Bitcoin to the proliferation of alternative cryptocurrencies and the underlying blockchain technology, cryptocurrencies have ushered in a new era of financial innovation. These digital currencies challenge conventional systems, and the global economy is transforming profoundly.  This article will delve into cryptocurrency, exploring its origins, benefits, and impact on financial systems. We will examine its growing adoption and challenges while envisioning its future potential and opportunities.  The cryptocurrency story began with Bitcoin in 2009 by an anonymous individual or group of individuals using the pseudonym Satoshi Nakamoto. Bitcoin represented a groundbreaking concept—an entirely decentralized digital currency that operated on a peer-to-peer network without a central authority.  Blockchain technology, which acts as a distributed ledger and underpins Bitcoin at its core, allows for the transparent and unchangeable logging of all transactions. With the use of this ground-breaking technology, transactions can be verified and safe without the use of conventional financial intermediaries.  Bitcoins creation sparked interest and curiosity as people realized

2023-05-25Industriya

Terras Do Kwon Bail Status Overturned in Montenegro

Tech  Ang Katayuan ng Bail ng Do Kwon ni Terra ay Binaligtad sa Montenegro  4 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  In a dramatic reversal, the Montenegro High Court has overruled a prior decision that permitted Terraform Labs co-founder Do Kwon, embroiled in a high-profile scandal, to be released on bail  In a surprise turn of events, the Montenegro High Court has reversed a previous decision permitting controversial Terraform Labs co-founder Do Kwon to be released on bail.  This decision also encompasses Han Chong-joon, Kwons former CFO, who both face potential jail time on accusations of document forgery. As reported by Bloomberg, both South Korea and the United States are seeking extradition.  Court spokeswoman Marija Rakovic informed Bloomberg that Kwon would remain behind bars while the basic court is set to make another decision in light of this high court ruling.  She further clarified that there are no legal restrictions on the number of motions that can be made between the judges regarding the bail decision for the two South Korean nationals.  It‘s worth mentioning the court’s original decision was to place both Kwon and Han under house arrest, monitored by police, for bail of more than $400,000 each.  This happened the day after Kwons initial court hearing

2023-05-25Industriya

How to Balance the Benefits With the Drawbacks of Cryptocurrency – Cryptopolitan

Pananalapi  Paano Balansehin ang Mga Benepisyo Sa Mga Kakulangan ng Cryptocurrency – Cryptopolitan  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Cryptocurrency has captivated the attention of investors, technologists, and enthusiasts alike. Cryptocurrencies have emerged as an alternative to traditional financial systems, born out of the desire for a decentralized and digital currency. With its increasing popularity, examining the benefits and drawbacks of this ‌technology becomes crucial.  Cryptocurrency, at its core, is a digital or virtual currency that uses cryptography for secure transactions and to control the creation of new units. It operates independently from traditional banking institutions and works on the foundation of blockchain technology, a decentralized ledger that records all transactions across a network of computers.  Cryptocurrencies have evolved into a vast ecosystem, offering a multitude of digital assets that cater to various use cases and technological innovations. Understanding the different cryptocurrencies is essential for navigating this rapidly changing landscape.  Utility tokens are cryptocurrencies designed to provide access to a specific product, service, or platform. These tokens are typically used within decentralized applications (DApps) and are crucial in facilitating interactions and transactions within their ecosystems. Examples of utility tokens include:  Ethereum (ETH): The second-largest cryptocurrency by market capitalization, Ethereum is not only a platform but

2023-05-25Industriya

Bears Dominate BTC Market, Possible Reversal Ahead – Cryptopolitan

Bitcoin  Bears Dominate BTC Market, Possible Reversal Ahead – Cryptopolitan  11 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  The latest Bitcoin price analysis shows a strong bearish trend. The bears are reigning the price charts as the price has decreased again during the day. Currently, it is settled on the $26,238 mark, almost 3.33% in the red. The price continued to fall as bears sent BTC/USD below the psychological level of $27,000, reaching a low of $26,106 during the day.  Since bulls haven‘t shown any indications of recovering momentum, bears will likely keep BTC under their thumb for the foreseeable future. Due to this anticipation, investors fled the market, bringing the market capitalization of Bitcoin to $510 billion, with a decrease of 3.33 percent in the last 24 hours. However, the trading volume traded in the last 24 hours stands at $15 billion, signaling that some traders are still optimistic. This decline indicates that bears still have the upper hand in the market and that bulls’ chances of making a comeback are low in the eyes of traders.  Looking at the 1-day price chart for Bitcoin price analysis shows the price has decreased quite steadily because of the constant increase in bearish momentum. Bears have

2023-05-25Bitcoin
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