AAVE ushers in bearish correction after mid-May rally but is it ready for an upside - BitcoinEthereumNews.com

TeknolohiyaNagsisimula ang AAVE sa bearish correction pagkatapos ng rally sa kalagitnaan ng Mayo ngunit handa na ba ito para sa pagtaas06 / 05 / 2022Balita ng Ethereum ng Bitcoin  AAVE turned out to be one of the best performing cryptocurrencies in the second half of May. It rallied by more than 80% after the May crash but it kicked off June with a slight correction.  AAVE traded at $103.50 at press time, which means it was down by roughly 17% from its 31 May high of $124. While this means that it is off to a bearish start this month, investors might be wondering whether it will soon regain its upward trajectory.  Is AAVE ghosting the bulls?  A look at AAVE‘s price action may provide some clarity into its price direction. Its bearish price correction seems to be losing momentum near the RSI’s neutral level. The low selling pressure suggests that the bears might give way to the bulls once again, just as they did towards the end of May.  Pinagmulan: TradingView  AAVEs MFI is currently at 50, despite the notable downside. Meanwhile, the DMI indicator suggests that bears and bulls are currently fighting for dominance. Perhaps on-chain metrics may provide more clarity into where AAVE

2022-06-05Industriya

Pagsusuri ng Presyo ng Zilliqa: May Natitira bang Siga sa ZIL Token? - BitcoinEthereumNews.com

KabuhayanPagsusuri ng Presyo ng Zilliqa: May Natitira bang Siga sa ZIL Token?06 / 05 / 2022Balita ng Ethereum ng Bitcoin  Ang presyo ng Zilliqa ay nakikipagkalakalan sa loob ng isang pababang pattern ng tatsulok sa araw-araw na tsart.  Ang crypto asset ay nakikipagkalakalan sa ibaba 20, 50, 100, at 200-araw na Daily Moving Average.  Ang pares ng ZIL/BTC ay nasa 0.000001671 BTC na may intraday drop na 0.73%.  kay Zilliqa natigil ang presyo sa loob ng pababang pattern ng tatsulok sa araw-araw na tsart. Sinusubukan ng token na kunin ang atensyon ng mga bulls at falters para umangkop sa uptrend momentum sa chart. Ang mga mamumuhunan ng ZIL ay kailangang maghintay para sa anumang pagbabago sa direksyon dahil ang presyo ng ZIL coin ay nagsasama-sama sa isang saklaw-bound at dapat na makatakas sa pattern upang makuha ang alinman sa matatag na momentum. Ang crypto asset ay bumaba sa ibaba ng 20, 50, 100, at 200-araw na Daily Moving Average.  kay Zilliqa ang presyo ay kasalukuyang CMP sa $0.049 at nawalan ng 1.09% ng market capitalization nito sa huling 24 na oras. Ang dami ng kalakalan ay bumaba rin ng 27.63% sa intraday trading session. Ito ay nagpapakita na ang short-selling pressure ay tumataas sa token.

2022-06-05Industriya

What happens to crypto seized in criminal investigations? - BitcoinEthereumNews.com

cryptoAno ang mangyayari sa crypto na nasamsam sa mga kriminal na pagsisiyasat?06 / 05 / 2022Balita ng Ethereum ng Bitcoin  Earlier this year, during during the anual Queen‘s Speech in the United Kingdom, Ipinaalam ni Prince Charles sa Parliament about two bills. One of them — the Economic Crime and Corporate Transparency Bill — would expand the government’s powers to seize and recover crypto assets.  Meanwhile, the United States Internal Revenue Service (IRS) kinuha more than $3 billion worth of crypto in 2021.  As digital currencies‘ monetary stock grows and enforcers’ scrutiny over the maturing industry tightens, the amount of seized funds will inevitably increase.  But where do these funds go, assuming they arent returned to the victims of scams and fraud? Are there auctions, like there are for forfeited property? Or are these coins destined to be stored on some kind of special wallet, which might end up as a perfect investment fund for law enforcement agencies? Cointelegraph tried to get some answers.  The dark roots of civil forfeiture  For the newcomers in the room, cryptocurrency is money. In that sense, the destiny of seized crypto shouldnt differ much from other confiscated money or property. Civil forfeiture, the forceful taking of assets from individuals or

2022-06-05Industriya

Lifting Tariffs on Goods May Make Sense, US Commerce Chief Says - BitcoinEthereumNews.com

KabuhayanMaaaring Makabuluhan ang Pagtaas ng mga Taripa sa Mga Kalakal, Sabi ng US Commerce Chief06 / 05 / 2022Balita ng Ethereum ng Bitcoin  (Bloomberg) — President Joe Bidens commerce chief said it “may make sense” to lift tariffs on some goods as a way to tame the hottest inflation in almost four decades.  Karamihan Basahin mula sa Bloomberg  “Steel and aluminum — we‘ve decided to keep some of those tariffs because we need to protect American workers and we need to protect our steel industry; it’s a matter of national security,” Gina Raimondo said in an interview Sunday on CNNs “State of the Union.” “There are other products — household goods, bicycles — it may make sense,” she said, when asked if the administration would consider ending duties on billions of dollars of imports from China.  “I know the president is looking at that,” Raimondo said. “Anyone who brings him a good idea that he thinks will help American families, hes open to doing it.”  Biden‘s team is weighing what to do with former President Donald Trump’s tariffs on about $300 billion of goods imported from the US economys biggest rival. While some businesses have benefited from the tariffs protecting them from Chinese import competition,

2022-06-05Industriya

Bitcoin ATM Installations Plunge in May, CoinRadar Data Shows - BitcoinEthereumNews.com

BitcoinBumaba ang Mga Pag-install ng Bitcoin ATM sa Mayo, Mga Palabas ng Data ng CoinRadar06 / 05 / 2022Balita ng Ethereum ng Bitcoin  The ongoing ‘crypto winter’ is now reflected in the number of Bitcoin Automated Teller Machine (ATM) installations across the globe.  While there has been a growing decline in these ATM installations in the year-to-date period, CoinATM Radar nagpapakita ng data that May saw the biggest plunge for the year with 202 Bitcoin ATM installations, the lowest figure since 2019.  The total Bitcoin ATM installations in May account for an 89.75% decline from 1971 recorded in December 2021. Bitcoin ATMs come off as one of the most visible yardsticks for measuring the growth of the digital currency ecosystem, and the overall embrace by regions across the board.  The highest-ever installation on a monthly basis was recorded back in August 2021 per CoinATM Radars data. The total installations at the time came in at 2037, and it preceded the months in which Bitcoin recorded its All-Time High (ATH) price record above $68,000.  Bitcoin ATM Installations Per Region  The CoinATM Radar data Nagpakita Bitcoin ATMs topped the charts in the United States which accounts for a total of 33,245, approximately 87.9% of all ATMs in the

2022-06-05Industriya

What Does Europe’s Ban On Russian Oil And Gas Mean For The West? - BitcoinEthereumNews.com

KabuhayanAno ang Kahulugan ng Pagbabawal ng Europe sa Langis at Gas ng Russia Para sa Kanluran?06 / 05 / 2022Balita ng Ethereum ng Bitcoin  Europes extreme dependency on Russian energy products from oil to natural gas is made clear recently from the maner in which they have approached sanctions – with incrementalism, slowly sinking back into the bushes.  The latest agreement among member nations on export bans targeting Russia is largely oil focused, not natural gas focused, with the union demanding an immediate 70% decrease in Russian oil transferred BY SHIP. Oil transferred by pipeline will continue to flow into the EU for now. The ban is intended to expand to 90% of all shipborne Russian oil by the end of this year. Natural gas imports from Russia will also continue.  While some European nations are more dependent on Russian energy than others, overall 40% of the EU‘s needs are supplied by the country’s industry. It is not surprising that they are seeking an incremental approach to sanctions, they simply would not be able to survive another winter if they were to go cold turkey and block Russian imports completely. Of course, this does not mean that Russia has to operate on Europes

2022-06-05Industriya

Michigan Bill Could Develop States First Blockchain Commission - BitcoinEthereumNews.com

blockchainMaaaring Buuin ng Michigan Bill ang Unang Blockchain Commission ng Estado06 / 05 / 2022Balita ng Ethereum ng Bitcoin  A new bill brought before the Michigan senate committee would – if passed – create a new blockchain and cryptocurrency commission to establish use cases and further studies of digital currencies within the Great Lakes State.  Can the Blockchain Space in Michigan Be Expanded?  Over the past several months, we have been privy to a world where politics and crypto are becoming one and the same. A few months ago, Joe Biden issued a crypto executive order that would require agencies within the U.S. to examine and study the risks and advantages potentially brought about by the growing space. The order also opened the door to a digital version of USD in the future.  Thus far, politicians reactions to crypto have been mixed. Some are all for it, like Cynthia Lummis – a senator in Wyoming – and former presidential candidate Andrew Yang. During the 2020 election, Yang campaigned on implementing new methods of broadening the crypto space and making its regulations and rules more understandable.  By contrast, individuals like Elizabeth Warren – a senator from Massachusetts – seem intent on blocking all crypto development in

2022-06-05Industriya

Crypto Scams Have Swindled At Least $1B From Nearly 50,000 People Since 2021 - FTC - BitcoinEthereumNews.com

cryptoCrypto Scams Have Swindled At Least $1B From Nearly 50,000 People Since 2021 – FTC06 / 05 / 2022Balita ng Ethereum ng Bitcoin  Despite crypto penetrating the masses from Bitcoin ATMs to Super Bowl ads, scams in this sector have been going through the roof because more than $1 billion has been lost since 2021, ayon sa to a study by the Federal Trade Commission (FTC).  Ayon sa ulat:  “Since the start of 2021, more than 46,000 people have reported losing over $1 billion in crypto to scams – thats about one out of every four dollars reported lost, more than any other payment method.”  Some of the top cryptocurrencies preferred by scammers include Bitcoin (BTC) at 70%, Tether (USDT) at 10%, and Ethereum (ETH) at 9%.  The report acknowledged that losses from crypto scams have increased by nearly 60 times from 2018 to 2021 based on factors like people being inconversant with how cryptocurrency works and crypto transfers not having a reversal option.  Source:FederalTradeCommission (FTC)  According to the study, people who shared their stories noted that the scams were a perfect storm because they were wooed with false promises of getting easy money.  Social media has been fueling scams in the cryptocurrency sector, the FTC acknowledged:  Halos kalahati

2022-06-05Industriya

Has US inflation peaked? | Financial Times - BitcoinEthereumNews.com

KabuhayanPumatak na ba ang US inflation? | Financial Times06 / 05 / 2022Balita ng Ethereum ng BitcoinHas US inflation already peaked?  US inflation is expected to have moderated in May, in a sign that inflation may have peaked, as weakening consumer demand and loosening supply chains mitigate price growth.  In April, the US consumer price index moderated for the first time in eight months to an anual pace of 8.3 per cent, 0.2 percentage points lower than the previous month. Despite the modest decline, inflation came in above economists expectations and remained at a 40-year high.  Still, a second consecutive moderation in the anual rate should offer “hope that we have indeed passed the peak in inflation”, said James Knightley, chief international economist at ING.  Mays consumer price index data, due to be published on Friday, may, in turn, give further clues as to how aggressively the Federal Reserve will raise interest rates in June and thereafter.  Economists polled by Reuters expect monthly consumer prices to have risen 0.7 per cent in May. Consumer price growth slowed to 0.3 per cent month on month in April, as surging energy and food costs fuelled by the war in Ukraine abated.  Housing, food and energy are likely to

2022-06-05Industriya

Bored Apes Creator Trolls Discord After 200 ETH Worth Of NFTs Stolen In Another Hack ⋆ ZyCrypto - BitcoinEthereumNews.com

Several Discord servers, including that of the Bored Ape Yacht Club, were recently compromised. Scammers appear to have swindled NFTs worth around 200 Ethereum — and one creator of the popular BAYC collection isnt happy.  NFTs Worth 200 ETH Stolen In Phishing Attack  Phishing hackers keep scamming NFT collectors and Bored Ape Yacht Club members appear to be some of their major targets.  According to on-chain analyst OKHotshot, the hack was perpetrated by first compromising the Discord account of Boris Vagner, the Yuga Labs community manager. The hackers then used this unfettered access to share phishing links on the official BAYC, Otherside, and Mutant Ape Yacht Club (MAYC) chanels. In total, 200 ETH was stolen (equivalent to $363,000 at press time).  Yuga Labs, the company behind the $4 billion Bored Ape Yacht Club (BAYC) collection, said it was actively investigating the attack. But one BAYC creator, Gordon Goner, criticized Discord for the lack of adequate security. “Discord isnt working for web3 communities. We need a better platform that puts security first,” Goner tweeted.  Others, however, believe BAYC discord users are to blame for the incident.  anunsyo  n  n n  “Dont blame Discord for users getting socially engineered, having DMs open, and clicking phishing links. Use the tool correctly first

2022-06-05Industriya
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