by Penny Angeles-Tan | Oct 10, 2024 | Business
Top Altcoin assets are getting negative sentiment from the crypto community. This article will explain the current conditions of XRP, Solana, and Ethereum. Read the explanation until the end whether all three have the potential to increase in price.
Santiment, a crypto analysis company, stated that the crypto community is currently giving negative sentiment toward Altcoins, especially their major assets. However, this provides an opportunity for several major assets to experience price increases. Is that true?
You can see the analysis of several coins, namely XRP, Solana, and Ethereum in this article. The analysis will take the form of reading the price chart at the time this article was written so that you can get additional data to consider before buying these tokens.
Current Crypto Market Conditions
According to data from Santiment, the top 20 Altcoins receiving negative sentiment are:
Currently, the crypto market is experiencing a decline in prices for the majority of its tokens. Large tokens, such as BTC, Solana, Ethereum, XRP, and USDT price are currently in the red zone.
The size of the price drop varies, from -0.03% to Solana’s -3.19%. Of course, the reason for this price decline cannot be analyzed using just one indicator because there are many factors, ranging from global economic conditions, and conflicts between countries, to the most recent release of the HBO documentary about the revelation of the figure of Satoshi Nakamoto.
XRP: Potential to Break $12?
XRP Price today it is down by -1.03% so it is trading at $0.5251. Previously, XRP was at its highest price of $0.5345 in the last 24 hours.
XRP’s RSI value is below 50 so the selling trend is more dominant than the buying trend. The MACD line is also seen declining. With this data, the decline in XRP prices is natural.
However, the macroeconomic waves that are predicted to occur make XRP look positive for price increases. In fact, XRP holders and the community hope that the price of this token can reach the $12 level.
This high target price could be achieved because currently, XRP is applying for a second XRP-based ETF in the United States. If this ETF is approved, it is likely that XRP will experience a drastic price increase.
Solana: Price Rises if Trump Wins
A giant global banking company, Standard Chartered, predicts that Solana will experience a price increase of up to 5 times by 2025.
This prediction will allow Solana to outperform BTC and ETFs for its total market capitalization. And this prediction could happen if Donald Trump is elected as president of the United States for the next period.
Standard Chartered predicts that by 2025, SOL will rise 5x, ETH will rise 4x, and BTC will rise 3x. This is because the Trump administration with its regulations supports Solana more than all existing crypto assets.
At the moment, Solana price is experiencing a decline of -3.46% and is trading at $138.05. Even though the percentage decline in SOL is greater than other major assets, the RSI value of SOL is actually at 50.62, which means the buying and selling trends are balanced.
Even though the RSI value is still positive, Solana’s MACD line has dropped quite low which predicts a bearish trend could occur in the near future.
Ethereum: ETH Price Rises if Vitalik Buterin Wins Nobel Prize?
Vitalik Buterin is predicted to win the Nobel prize on October 14 as a figure who innovated a new currency. Vitalin Buterin is known as a figure who can revive the blockchain ecosystem and encourage Ethereum as a competitor to Bitcoin.
If the founder of Ethereum really gets the Nobel, Ethereum price can rise because many investors are interested in this cryptocurrency.
Currently, Ethereum is experiencing negative sentiment because its price continues to fall. An increase in the price of ETH did occur, but it did not last long and then immediately decreased again.
You can see from the price graph above, that ETH experienced a price decline of -2.17%. Currently, the price of Ethereum is $2,382 and was previously at a 24-hour high of $2,472.
Will Ethereum be free from negative sentiment and be able to penetrate the $2,600 level as crypto analysts predict?
Conclusion
That is an explanation of the current conditions of XRP, Solana, and Ethereum. For those of you who are interested in these three coins and want to do more in-depth research, you can check them on the Bitrue website.
You can use Bitrue features for free to check the price of crypto coins and keep up-to-date on the various projects in the crypto ecosystem.
by Penny Angeles-Tan | Oct 10, 2024 | Business
Since the HBO documentary about crypto was released, Peter Todd’s name has been in the news because he is accused of being the figure behind Satoshi Nakamoto. Is that true? Check out the explanation below.
The mysteriousness of Bitcoin’s creator seems to have caught the world’s attention. In fact, HBO has made a documentary entitled “Money Electric: The Bitcoin Mystery”. In the film, HBO claims that they discovered Peter Todd as the creator of Bitcoin.
Is the prediction true? Why is Peter Todd claimed to be Satoshi Nakamoto? Read the full explanation in this article.
Who is Peter Todd?
Peter Todd is a name that is currently booming after being said to be the figure behind Satoshi Nakamoto, the creator of Bitcoin who until now has never shown his figure to the public. Cullen Hoback, the director of “Money Electric: The Bitcoin Mystery” stated that he had strong evidence for the inclusion of Peter Todd’s name.
The accusations from the HBO film were immediately denied by Peter Todd. He even stated that this accusation was like a joke from a famous director because Satoshi Nakamoto couldn’t be him.
Many crypto observers also disagree with this because if you trace it logically, Peter Todd was still in his teens at that time and had still finished school.
Peter Todd even clearly stated that Cullen Hoback could have covered up the facts so that his name would be dragged into this matter.
Betting on Polymarket
Before the HBO documentary was released, a betting project had been circulating on Polymarket. There are many candidates mentioned there as targets regarding the revelation behind the figure of Satoshi Nakamoto who could be mentioned in HBO’s latest film.
However, there was no Peter Todd’s name in the betting selection. So, when people want to say the name, Peter Todd, they have to choose “Other”.
Before the film was released, the bet amount had reached $44 million.
Bitcoin and Its Mysterious Creator
Since its initial appearance in 2009, Bitcoin has taken the financial world by storm, especially digital investment. And since then, Satoshi Nakamoto has never been revealed to the public.
There are allegations that Satoshi Nakamoto is Japanese, as his name suggests, who has lived in England for a long time. The alleged place of residence is because someone has analyzed that some of the words written on White Paper Bitcoin are words commonly used by British people, not Americans.
Another suspicion is that Satoshi Nakamoto is not an individual, but a group. This is because the Bitcoin operating system is so complex and it seems impossible for just one person to do it.
Several figures have been named as candidates behind Satoshi Nakamoto, such as Dorian Nakamoto, Craig Wright, and Elon Musk.
The name Dorian Nakamoto is said to be a figure from Japan who lived for a long time in California. However, he was immediately denied because at that time Dorian Nakamoto was in a mediocre condition because he had been unemployed for a long time.
Craig Wright is the figure who confirms the accusations. He provided evidence that he was indeed Satoshi Nakamoto, including evidence that he wrote the Bitcoin White Paper. However, many crypto communities denied this and even the High Court had to take over and provide strong evidence that he was not Satoshi Nakamoto.
Elon Musk is said to be the figure behind the creator of Bitcoin because he was recommended by one of his employees at SpaceX. However, Elon Musk immediately denied this and stated that he was not Satoshi.
Conclusion: Current State of Bitcoin
Who is the original creator of Bitcoin is deliberately not revealed. The goal is simple, namely as a way to keep Bitcoin’s value-neutral without having to look at who the creator or parent owner is.
In the approximately 15 years since it was created, the value of Bitcoin has continued to soar. When this article was written on October 10, Bitcoin was priced $61,055 which means it has experienced a decline of -1.77% in 24 hours. This decline could have arisen from speculation about Satoshi Nakamoto’s figure by HBO.
Even though Bitcoin has experienced a decline in price today, the RSI value is actually above 50 so the buying trend is still dominant over the selling trend. The MACD line is also still above the limit line. That way, there is a possibility that Bitcoin will experience a bullish phenomenon shortly.
Convert value from BTC to USD is indeed strong. It’s no wonder that this coin is increasingly popular with investors and many are HODLing it.
For those of you who are interested buy BTC coins, do in-depth research first before buying it. You can do research on Bitrue with features that can be used for free, starting from checking BTC real-time price to the latest news about Bitcoin.
by | Oct 10, 2024 | Business
The Regional Knowledge Centre for Marine Plastic Debris, in collaboration with the Institute for Global Environmental Strategies, will officially launch Phase II of the ‘Breaking the Plastic Habit in Asia’ project.
The Regional
Knowledge Centre for Marine Plastic Debris, in collaboration with the Institute
for Global Environmental Strategies, will officially launch Phase II of the
‘Breaking the Plastic Habit in Asia’ project.
We invite you
to join the launch event:
Date: October
18, 2024
Time: 10:00 AM
– 12:00 PM Jakarta Time
Registration: https://crm.iges.or.jp/public/application/add/5479
The public
event will convene leaders from government, academia, civil society, and
international organizations to share best practices, key findings, and explore
collaboration opportunities for sustainable reduction of
plastic waste in ASEAN. The event will feature keynote addresses by environmental
leaders and presentations from pilot teams representing six ASEAN countries.
Discussions will focus on how Behavioural Insights can drive long-term changes
in plastic consumption habits.
Phase I
successfully tested innovative approaches to reduce plastic waste in ASEAN
countries by nudging people
not to use single-use plastics. Examples
include no free plastic bags, no free plastic straws, separate garbage boxes
with display of segregated items, and awareness raising campaigns In Phase II,
the project will further explore how behavioural changes can complement
existing policies, such as bans and taxes. A new measurement framework will
also be introduced to evaluate the effectiveness of ‘the Behavioural Insights
interventions. This phase will produce practical tools and case studies to
guide policymakers, businesses, and civil society in implementing behaviour-centred
solutions.
A
capacity-building workshop on 16-17 October 2024 will prepare selected partner
organizations to implement local projects from January to August 2025. The
implementing partners for Phase II include:
· From Cambodia, Ministry of Environment
· From Indonesia, Center for Southeast Asian Studies
· From Lao PDR, Econox Laos – Plastic Free Laos Label
· From the Philippines, Institute of Civil
Engineering, University of the Philippines Diliman
· From Thailand, Department of Environmental Science,
Faculty of Science, Chulalongkorn University
· From Viet Nam, Nopa
by | Oct 10, 2024 | Business
GSC Game World is excited to announce the release of the original S.T.A.L.K.E.R. trilogy on Nintendo Switch™ on October 31, 2024. The collection, featuring Shadow of Chornobyl (2007), Clear Sky (2008), and Call of Prypiat (2009), will arrive ahead of the previously planned November release window.
Fans can view the official launch trailer, captured entirely on Nintendo Switch hardware
TRAILER
These Switch-optimized versions of the iconic games come with several enhancements, including:
Gyro aiming for a more intuitive shooting experience
Touch interface integration for easier navigation
Refined visuals to maintain the atmosphere while maximizing Switch performance
Full support for both handheld and TV modes, ensuring smooth gameplay on the go or at home
These updates ensure that S.T.A.L.K.E.R. veterans and new players alike will have an authentic experience in the Chornobyl Anomalous Zone.
GSC Game World partnered with MATABOO to fully leverage the capabilities of the Nintendo Switch, making the immersive world of S.T.A.L.K.E.R. accessible to a new audience.
Pricing & Availability
Each game will be available digitally for $19.99 USD / €19.99 / £15.99 individually or as a bundle for $39.99 USD / €39.99 / £32.99. Regional pricing will apply in select territories.
For access to the press kit and review codes, please contact the team below. Follow GSC Game World’s official social media channels for further updates on S.T.A.L.K.E.R.: Legends of the Zone Trilogy and other S.T.A.L.K.E.R. projects.
Supporting Ukraine
As the war in Ukraine continues, GSC Game World remains steadfast in supporting our home country. For those interested in contributing, we encourage donations to the official charity fund organized by President Volodymyr Zelenskyy: https://u24.gov.ua.
About S.T.A.L.K.E.R.: Legends of the Zone Trilogy
S.T.A.L.K.E.R. is a series of first-person survival shooters that blend horror, RPG mechanics, and deep storytelling in a post-apocalyptic world shaped by the 1986 Chornobyl disaster. The original trilogy — Shadow of Chornobyl, Clear Sky, and Call of Prypiat — has sold over 15 million units worldwide and remains celebrated for its atmospheric gameplay and innovative design.
The S.T.A.L.K.E.R.: Legends of the Zone Trilogy is an enhanced edition of the original titles, available for PlayStation and Xbox since March 2024, and now coming to Nintendo Switch on October 31, 2024.
About GSC Game World
Founded in 1995, GSC Game World is a Ukrainian game development studio known for creating world-class gaming experiences, including the S.T.A.L.K.E.R. and Cossacks series. The team is currently hard at work on the highly anticipated S.T.A.L.K.E.R. 2: Heart of Chornobyl.
Contact InformationWorldwide Media Contacts — Renaissance PRStefano Petrullo – CEO: st*****@***********pr.bizGreg Jones – Head of Communications: gr**@***********pr.bizSam Faulkner – Account Manager: sa*@***********pr.biz
Worldwide Influencer Contacts — Renaissance PRThomas Hughes – Content Creators Manager: th****@***********pr.bizGeneral Inquiries: st******@***********pr.biz
GSC Game WorldZakhar Bocharov – PR Manager: **@******r2.com
by Ferry Bayu | Oct 10, 2024 | Business
Asuene Inc. is excited to announce its strategic acquisition of E4G, Inc., an innovative startup that emerged from the Tanaka Kenji Laboratory at the University of Tokyo. E4G specializes in AI-driven data collection and analysis for environmental, social, and governance (ESG) metrics, as well as developing software for decarbonization roadmaps.
Background of the Acquisition
Asuene offers a diverse range of products, including “ASUENE,” a carbon accounting platform, “ASUENE ESG,” an evaluation cloud service, and “ASUENE CAREER,” which provides talent recruiting support for your decarbonization and ESG initiatives. By providing a one-stop solution for sustainability, “ASUENE” has supported the decarbonization and ESG management efforts of over 9,000 companies. Meanwhile, “ASUENE ESG” has exceeded 14,000 companies and holds the top position in the industry.
In recent years, the importance of ESG metrics as a basis for corporate evaluation has significantly increased, leading to a rapid rise in demand among businesses and financial institutions for efficient collection, analysis, management, and disclosure of ESG data. However, the lack of standardization and normalization in ESG data collection makes this process extremely challenging. Many companies face considerable time and cost burdens as they must manually gather vast amounts of information for competitor comparisons and industry analyses, all while requiring ongoing data collection and analysis.
Furthermore, in the context of decarbonization, visualizing CO2 emissions and developing as well as implementing emission reduction roadmaps have become increasingly crucial for companies. The complexity of formulating these reduction plans has led to rising challenges, as organizations often lack the necessary expertise to proceed effectively.
In light of these social trends and customer challenges, we have determined that integrating E4G— which possesses strong services and technological foundations in ESG data and CO2 emissions reduction—will significantly enhance the value we provide to our customers and further expand our platform. This realization has driven us to pursue the acquisition of E4G.
Objectives Achieved Through the Acquisition
Enhanced ESG Data Solutions
The acquisition enables Asuene to incorporate E4G’s ESG data capabilities into its current platform, creating a more comprehensive solution for businesses. This integration will allow organizations to efficiently gather and analyze non-financial indicators, assess competitors, and simplify evaluations of corporate value.
Strengthening Decarbonization Support
The combined expertise of Asuene and E4G will offer a comprehensive solution for managing decarbonization, addressing everything from visualizing CO2 emissions to developing and executing reduction strategies.
Fostering University-Industry Collaboration
The collaboration with E4G, supported by advanced technology and a strong data foundation, will expedite the development and societal implementation of decarbonization and ESG solutions.
Comments from E4G and Asuene Representatives
I am truly delighted to join the Asuene Group. I would like to take this opportunity to express my heartfelt gratitude to all stakeholders, including our customers, partner companies, team members, and shareholders.
In light of the global ESG movement, companies are being called upon to undergo further transformation. By collaborating with Asuene, which is rapidly expanding its operations on the global stage and driving societal GX initiatives, E4G will continue to advance our vision of ‘DATA DRIVEN GX.
Representative, E4G, Inc.
I am honored that E4G has chosen to join the Asuene Group. As the significance of ESG data and GHG reduction continues to grow both in Japan and worldwide, E4G’s expertise in analyzing ESG data disclosure and developing reduction roadmaps will be essential for a comprehensive assessment of corporate sustainability. This expertise will also play a key role in evaluating corporate value, risks, and investment potential.
Alongside Daichi Obara, the CEO of E4G, we look forward to creating new value in the areas of decarbonization and ESG data.
Founder & CEO, Asuene, Inc.
by Penny Angeles-Tan | Oct 10, 2024 | Business
Today, Ethereum price is increasing while the crypto market is in the red zone. Is this condition proof that Ethereum can reach the level of $ 2,600?
Since Iran’s attack on Israel, Ethereum price has been affected and experienced a decline as the crypto market has been very volatile this week. However, surprisingly today the price of Ethereum has increased, even leaving Bitcoin which has fallen in price.
Will Ethereum break through $2,600 as holders of this token hope? Read the complete analysis in this article until the end.
Will Ethereum (ETH) Price Break $2,600
Long-term holders (LTHs) of Ethereum often determine how the ETH token will be priced in the future. There are indicators of LTH behavior. Currently, Ethereum LTH is showing an accumulation mode which is providing a positive signal to the Ethereum price.
The more long-term holders who HODL will also make the price of ETH increase because it means there is long-term trust in this token.
However, investor sentiment towards Ethereum also varies. Although many investors HODL, there is a negative sentiment from investors regarding Ethereum’s ability to reach $2,600. This is because the price of Ethereum decreased by 7.3% from October 1 to 8.
The Impact of an HBO Documentary and the Price of Ethereum
This article was written on October 9, 2024, just when HBO scheduled its newest documentary entitled “Money Electric: The Bitcoin Mystery” to be broadcast.
The film is said to reveal who Satoshi Nakamoto is. The figures believed to be Satoshi Nakamoto are Len Sassaman, Hal Finney, and Adam Back.
This HBO film created a riot among crypto fans. It was stated that the documentary could influence Bitcoin price to Ethereum. Will the prices of BTC, ETH, and other crypto tokens drop when the film is finally shown by HBO?
Ethereum Price Chart Today
When this article was written, Ethereum experienced a price increase of +0.42% so that it was trading at $2,434. Even though the increase did not reach 1%, this can be said to be good news because the majority of crypto tokens today experienced a price decline, including BTC, SOL, and USDT.
However, the increase in Ethereum prices has not been calm. Because, if you look at the ETH price chart above, the RSI and MACD indicators actually show unpleasant signs.
Ethereum’s RSI is 41.9 points lower than 50, which means there is a large selling trend, more dominant than the buying trend. The MACD line is also declining. If this continues to happen, Ethereum will face a bearish trend.
Ethereum Versus Bitcoin
Ethereum has become the leading altcoin and is predicted to be an alternative coin that can beat Bitcoin. And as expected, the two tokens are always compared regarding their price ups and downs.
In terms of average price increases, the price of Bitcoin has increased by 128% from year to year, while Ethereum is only 53%.
Since it was first launched in July 2015, Ethereum has been able to reach the $1,300 level in 2.5 years since it was first launched. Ethereum reached the level of $4,891 in November 2021 but had to be willing to drop drastically to $900 in 2022 due to unstable world economic conditions.
Conclusion
That is an explanation of the price of Ethereum which has increased today and predictions of reaching the $2,600 level. You can do more in-depth research about Ethereum, from checking prices in real time to finding out about the latest ETH projects only on the Bitrue website.
Bitrue also provides a price conversion feature ETH to USD so you don’t need to change websites to check it. Understand more details about how to buy Ethereum before investing in this token.
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