Ethereum May Exponentially Outperform Bitcoin in Coming Cycle, According to Macro Guru Raoul Pal

Real Vision CEO Raoul Pal says Ethereums (ETH) technicals and fundamentals suggest the second-largest cryptocurrency may massively outperform Bitcoin (BTC) in the coming cycle.  In a new interview on the crypto-focused YouTube channel Altcoin Daily, Pal says he has his eye on the chart of Ethereum against Bitcoin (ETH/BTC).  According to the macro guru, the ETH/BTC pair is coiling inside a wedge, and a breakout could send ETH into a rally that leaves Bitcoin in the back seat.  Sabi ni Pal,  Source: Raoul Pal / Twitter  According to Pal, the ETH/BTC pair must take out resistance at around 0.077 BTC ($2,115) to confirm the breakout. At time of writing, ETH/BTC is trading for 0.0639 BTC ($1,755).  As for Ethereum‘s fundamentals, the Real Vision executive believes that the leading smart contract platform’s total addressable market is much larger than Bitcoins.  At time of writing, Ethereum worth $1,758.  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

2023-03-20Ethereum

Credit Suisse failure follows years of scandal and mistrust—with an Ohio mattress company playing a role

Credit Suisse Group AG, once one of the stalwarts of the global financial system, is no more.  Higit pa mula sa Fortune:   Pagkatapos ng tense na pag-uusap sa katapusan ng linggo, ang UBS Group AG ay sumang-ayon na bilhin ang Credit Suisse sa isang all-share deal para sa humigit-kumulang $3.25 bilyon, mas mababa kaysa sa market value ng problemadong US lender na First Republic Bank. Ang pagbebenta na pinangangasiwaan ng gobyerno ay minarkahan ang huling pagbagsak ng Swiss bank mula sa biyaya, na sumuko sa isang krisis ng kumpiyansa na nagbabantang kumalat sa mga pandaigdigang pamilihan sa pananalapi.  Sa loob ng 166 na taon, tumulong ang Credit Suisse na iposisyon ang Switzerland bilang isang linchpin ng internasyonal na pananalapi at nakipag-ugnay sa mga titan ng Wall Street bago ang tuluy-tuloy na pag-atake ng mga iskandalo, legal na isyu at kaguluhan sa pamamahala ay nagpapahina sa kumpiyansa ng mamumuhunan. Habang ang pagkabulok ay mga taon sa paggawa, ang wakas ay dumating nang mabilis.  Sa resulta ng pagbagsak ng Silicon Valley Bank noong nakaraang katapusan ng linggo, ang mahabang pagtitiis na Credit Suisse ay mabilis na naging sentro ng pag-aalala. Matapos sabihin ng nangungunang shareholder na Saudi National Bank sa Bloomberg Television noong Miyerkules na

2023-03-20Industriya

New York Community Bank to buy failed Signature Bank

NEW YORK (AP) — New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp. said late Sunday.  The 40 branches of Signature Bank will become Flagstar Bank, starting Monday. Flagstar is one of New York Community Bank‘s subsidiaries. The deal will include the purchase of $38.4 billion in Signature Bank’s assets, a little more than a third of Signatures total when the bank failed a week ago.  The FDIC said $60 billion in Signature Banks loans will remain in receivership and are expected to be sold off in time.  Signature Bank was the second bank to fail in this banking crisis, roughly 48 hours after the collapse of Silicon Valley Bank. Signature, based in New York, was a large commercial lender in the tristate area, but had in recent years gotten into cryptocurrencies as a potential growth business.  After Silicon Valley Bank failed, depositors became nervous about Signature Banks health due to its high amount of uninsured deposits as well as its exposure to crypto and other tech-focused lending. By the time it was closed by regulators, Signature was the third largest bank failure in U.S. history.  The FDIC

2023-03-20Industriya

The Ukrainian Army Is Probing Russian Lines In The South—And Suffering Heavy Losses

Kabuhayan  The Ukrainian Army Is Probing Russian Lines In The South—And Suffering Heavy Losses  9 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ex-Dutch YPR-765s in Ukrainian service.  Wikimedia Commons  Its no secret the Ukrainian army plans to launch a major counteroffensive this spring, perhaps as soon as the post-winter mud dries up. We may already have observed the initial Ukrainian probes that could precede a wider attack.  But the probes were extremely costly for the Ukrainians—and underscore the peril of any effort by Kyivs to shift from defense to offense.  Since last fall, Kyivs forces mostly have been fighting defensively from positions they had months to prepare. To advance, they must leave these positions and expose themselves to Russian fire. Especially where the terrain is flat and open.  Many observers expect the counteroffensive to begin in Zaporizhzhia Oblast in southern Ukraine. A left hook from Zaporizhzhia, driving south toward the Black Sea then pivoting west toward the mouth of the Dnipro River, could cut the Russian army in two and position the Ukrainian army for an eventual liberation of the Crimean Peninsula.  If thats the case, and the Ukrainians are poised for a Zaporizhzhia left hook, we should expect to see reconnaissance operations in the weeks preceding the attack.  Which

2023-03-20Industriya

Trader Who Nailed Bitcoin 2022 Bottom Says BTC One Resistance Away From New All-Time High – Here’s His Outlook

Bitcoin  Trader Who Nailed Bitcoin 2022 Bottom Says BTC One Resistance Away From New All-Time High – Heres His Outlook  7 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  A crypto strategist who correctly called Bitcoins (BTC) 2022 price floor thinks the king crypto may be one resistance level away from a fresh all-time high.  In a new strategy session, pseudonymous trader DonAlt tells his 48,900 YouTube subscribers that Bitcoin looks really, really good on the monthly timeframe after taking out resistance at $24,000.  According to the popular trader, the breakout is Bitcoins first real sign of bullishness since November 2021, when BTC hit its all-time high of $69,000.  Looking at the weekly timeframe, DonAlt says that he sees a scenario where Bitcoin could rally close to $33,000 before correcting to $27,000 to set the stage for an attempt to take out resistance at $35,000.  Pinagmulan: DonAlt/YouTube  Sa oras ng pagsulat, ang Bitcoin ay nagkakahalaga ng $27,622.

2023-03-20Industriya

Holders of $17bn of Credit Suisse bonds wiped out under UBS takeover

Kabuhayan  Holders of $17bn of Credit Suisse bonds wiped out under UBS takeover  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Holders of $17bn of Credit Suisse bonds will have their investment wiped out following the banks takeover by UBS, in a surprise move that is expected to cause ructions in European debt markets when they open on Monday.  As part of the historic deal between the banks, Swiss financial regulator Finma ordered that SFr16bn of Credit Suisses additional tier one (AT1) bonds, a relatively risky class of bank debt, will be written down to zero.  Credit Suisse said it was informed of the decision by the regulator as it thrashed out the final details of its SFr3bn takeover by UBS, which was announced on Sunday evening after several days of intense negotiations.  “The extraordinary government support will trigger a complete writedown of the nominal value of all AT1 shares of Credit Suisse in the amount of around SFr16bn, and thus an increase in core capital,” Finma said.  But several people involved in negotiating the deal said wiping out AT1 holders — a move that appeared to surprise markets — would have wider repercussions and was likely to lead to a sell-off of other bank debt.  Traders quoting

2023-03-20Industriya

The One Big Winner and Many Losers of UBS’s Credit Suisse Rescue

Kabuhayan  The One Big Winner and Many Losers of UBSs Credit Suisse Rescue  35 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  (Bloomberg) — UBS Group AG is emerging as a rare winner in Credit Suisse Group AGs crisis after a historic, government-brokered deal that contains a raft of financial shock absorbers.  Karamihan Basahin mula sa Bloomberg  After a weekend of frantic talks to forge a solution before markets opened in Asia, the firm struck a deal to buy its smaller rival for about $3.3 billion in an share deal that includes extensive guarantees and liquidity provisions. Here are some of the big winners and losers to emerge from the deal.  The Winner: Ralph Hamers  UBS‘s chief executive officer will see the bank’s wealth and asset management invested assets soar to about $5 trillion and got a special waiver to keep Credit Suisses profitable Swiss unit that many analysts said was worth more than triple what UBS paid for the whole firm.  Ralph Hamers, the former ING Groep NV executive, and his team will have plenty to work through as they consider which businesses and people to keep, alter or jettison. But hell have 56 billion francs of so-called badwill to help cover any writedowns, as well as 9

2023-03-20Industriya

The rise of bitcoin in emerging markets!

Bitcoin  The rise of bitcoin in emerging markets!  29 segundo ang nakalipas  Balita ng Ethereum ng Bitcoin  Due to the complications of the cryptocurrency market, you might need help to make money out of it. But, as you move forward in the cryptocurrency space, you will find that it is not only associated with making money but cryptocurrencies can be implemented into a variety of things. Today, it is crucial for you to understand the usability of the cryptocurrency market so that you can get the best benefit from it using Bitcoineer. Cryptocurrency moneymaking is a target of many people, but only if you can achieve it because they do not know about it. Therefore, to get the cryptocurrency market information, you must start from the basics and then move towards the advanced level information.  Cryptocurrencies and other investment opportunities are available, but you should always use digital options only. Only a few of the options available in the market or Digital the top one among them is bitcoin. You will find bitcoin standing at the top of the cryptocurrency chain, which is also believed to provide various other benefits.  You need to understand that bitcoin will rise in the worlds emerging markets, and if you

2023-03-20Bitcoin

Euler Finance Hacker Moves 100 ETH to North Korea Linked Wallet

Ethereum  Euler Finance Hacker Moves 100 ETH to North Korea Linked Wallet  2 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  22 segundo ang nakalipas | 2 mins basahin  Without saying why the hacker also sent 3k ether to Eulers deployer account.  10 independent audits had been undertaken over two years to ensure its security by Euler.  The DeFi ecosystem has once again become a haven for hackers, as lending protocol, Euler Finance was recently hit by a flash loan assault that resulted in a net loss of approximately $19 million. This was the largest heist of 2023 to date.  Since the largest decentralized finance (DeFi) theft of 2023 hit Euler Finance, the crypto community has been tracking the $197 million stolen on-chain in an effort to identify and stop the perpetrator. As part of a larger sequence of transactions, the hacker reportedly transmitted 100 Ether to an address used by people with ties to North Korea.  Chainalysis, a blockchain research firm, discovered that 100 ether (ETH) stolen from Euler was sent to an address previously associated with hacks with ties to North Korea. Without saying why the hacker also sent three thousand ether to Eulers deployer account.  Maybe a Possible Diversion  There have been no other transfers since then. No

2023-03-20Ethereum

Paul Pierce Settles with SEC Over Ethereum Max Promotions

Ethereum  Paul Pierce Settles with SEC Over Ethereum Max Promotions  5 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The Securities and Exchange Commission (SEC) has been on a roll over the past few weeks to take down any crypto company or individual it thinks might be going against its agenda, and its now added one more victim to its roster.  The SEC Targets Paul Pierce  This time, the figure targeted by the SEC is former Celtics player and NBA hall of famer Paul Pierce. The basketball player took part in a promotion of a new digital currency called Ethereum Max. By issuing public statements about the asset, the SEC alleges that Pierce violated present securities laws. He will now be forced to part with a $1.4 million fee as part of a settlement with the agency.  While discussing the currency wasn‘t so much the problem, the SEC says that Paul failed to disclose to investors that he’d been paid a hefty sum to make such statements. The agency also says he made several false and misleading promotional comments about the currency. The SEC mentioned:  The SEC‘s order finds that Pierce failed to disclose that he was paid more than $244,000 worth of EMAX tokens to promote the

2023-03-19Ethereum
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