By Luisa Maria Jacinta C. Jocson, Senior Correspondent HEADLINE INFLATION probably decreased to a near six-year low in July due to softer costs of food and fuel, analysts noted. A BusinessWorld survey of 17 analysts produced a median prediction of 1.2% for the July consumer price index, within the central bank’s 0.5%-to-1.3% projection for the month. The July figure would be slower than the 1.4% in June and 4.4% rate a year earlier. If confirmed, this would be the slowest inflation in nearly six years or since the 0.6% figure recorded in October 2019. The Philippine Statistics Authority is set…
Autore: wsjcrypto
“`html Trusted Editorial material, assessed by top industry specialists and experienced editors. Ad Disclosure Elon Musk is posing fresh inquiries regarding Bitcoin’s long-term security amid swift developments in quantum computing. The CEO of Tesla and SpaceX consulted his AI chatbot, Grok, to ascertain the likelihood that Bitcoin’s SHA-256 hashing method could be breached by formidable quantum devices. His inquiry arose just as IBM unveiled significant advancements for its next-gen quantum system referred to as Blue Jay, projected to achieve 2,000 global qubits by 2033. Grok Estimates Minimal Risk, At Least For Now As per Grok, the danger of Bitcoin’s encryption…
Viewpoint by: Daniel Taylor, policy lead at ZumoCrypto X communities believe tokens are finished. Here’s why they’re correct — and completely mistaken.If there were a solitary chart to encapsulate today’s crypto token landscape, it would be the Bloomberg graphic illustrating the comparison of Bitcoin (BTC) against a basket of altcoins. Bitcoin holders are ecstatic, watching it near an all-time high. Tokenholders are battered and bruised, witnessing their assets diminish while Bitcoin ascends.With BTC dwindling to merely 11.6% of a typical retail investor’s portfolio, it’s been a grueling divergence. This narrates how tokens have faltered — and why there remains potential…
“`html Renowned market analyst and key opinion influencer (KOL), Ted Pillows, provides insights into the Solana (SOL) market, asserting that the altcoin is poised for additional price corrections in the near term. This price prediction emerges amidst a broader crypto downturn during which Solana values have plummeted by more than 15% over the week. SOL Charts Indicate Retracement To $140 As Bullish Pattern Emerges In an X post dated August 1, Pillows discusses a Solana price forecast predicated on an evolving cup-and-handle formation in the monthly chart. Typically in trading, the cup-and-handle denotes a traditional bullish continuation pattern. As illustrated…
“`html by Jino D. Nicolas, BusinessWorld photo by Jino Nicolas, BusinessWorld Wearable gadgets are constantly advancing. From displaying the time and date, monitoring heart rates and beats per minute, to sending alerts to users, innovation in products like smartwatches and fitness trackers continues to progress. Some individuals, myself included, may have adopted and adjusted to technology as much as anyone, but I believe there is tranquility in simplicity and minimalism. And the mWell Health Ring distinguishes itself not through its ostentation, but via its understated efficacy. As a former cancer patient, I’ve discovered that the mWell Health Ring serves more…
Maelstrom Fund chief investment officer Arthur Hayes has cautioned that escalating macroeconomic challenges could pull Bitcoin back down to the $100,000 range — and he has already secured crypto gains in preparation.Hayes attributed the current crypto downturn to revived tariff anxieties triggered by the underwhelming Non-Farm Payrolls report, which revealed merely 73,000 new jobs added in the US in July — an indication of economic vulnerability.He also highlighted stagnant credit expansion in key economies impeding nominal gross domestic product growth, warning that Bitcoin (BTC) and Ether (ETH) might decline further towards the $100,000 and $3,000 thresholds.Hayes liquidated over $13M of…
In today’s crypto news, Arkham Intelligence asserts it has unearthed the most significant crypto breach in history, Bitcoin ETFs experienced $812 million in outflows, while Ether ETFs concluded their longest inflow sequence with $152 million in setbacks. In addition, exchange Gate has introduced spot trading facilities in the United States. Arkham Intelligence claims to have identified the largest crypto theft in historyThe blockchain analytics firm Arkham Intelligence asserts to have retroactively identified a $3.5 billion breach of a Chinese Bitcoin (BTC) mining pool from 2020.LuBian, a mining pool operator that arose in May 2020, was compromised on December 28, 2020,…
“`html Trusted Editorial material, evaluated by prominent industry specialists and experienced editors. Ad Disclosure On August 1, Hong Kong officials unveiled a much-anticipated regulatory structure aimed at managing fiat-linked stablecoin activities in the Asian nation. While this framework may be perceived as rigorous due to its increased requirements for stablecoin providers, the government’s acknowledgment of this category of digital assets seems extremely promising for investors. Hong Kong Fintech Secures Over $1.5-B To Support Stablecoin, Crypto Ventures As per a recent Reuters report, Hong Kong’s fresh stablecoin regulations have ignited a surge of fundraising efforts among fintech firms. Significantly, the Asian…
“`html As Puregold’s popular digital series approaches its most audacious episode to date, the narrative of Sol (Zaijian Jaranilla) and Luna (Jane Oineza) elevates to a heightened level of emotional and narrational depth. In the last chapter of Si Sol at si Luna, dubbed “Missing Person: Luna,” Luna seemed to withdraw following an electrifying kiss with Sol in the office elevator. To the joy of viewers, this ultimate kilig moment suggested the onset of something deeper, yet before they could catch their breath, Luna started to back away. Disturbed after a clash with Ara (Karina Bautista), who insisted that Luna…
Reports have revealed that XRP community commentator Versan Aljarrah claims XRP could establish a connection to gold without actually possessing bullion. Aljarrah suggests that XRP would primarily facilitate the movement of gold-backed stablecoins across the XRP Ledger. The commentator contends that this function would provide XRP a “synthetic link” to tokenized assets such as gold and oil, even though XRP itself would not hold any actual gold reserves. How XRP Connects to Gold Tokens According to Aljarrah, XRP merely needs to enable the on-chain transfer of gold-pegged coins. As per reports, each gold token on the XRPL would symbolize one…