diff --git a/package.json b/package.json index 1beb0e4c9..19ff1822f 100644 --- a/package.json +++ b/package.json @@ -1,6 +1,6 @@ { "name": "src", - "version": "0.8.0+4.6", + "version": "0.8.0+5.2", "private": true, "scripts": { "dev": "next dev", @@ -73,4 +73,4 @@ "pre-commit": "npm run test && lint-staged" } } -} \ No newline at end of file +} diff --git a/public/news/news-eth-20230609001@2x.png b/public/news/news-eth-20230609001@2x.png new file mode 100644 index 000000000..34ba9f3a6 Binary files /dev/null and b/public/news/news-eth-20230609001@2x.png differ diff --git a/src/components/news_article/news_article.tsx b/src/components/news_article/news_article.tsx index 2c26a9bce..818672a12 100644 --- a/src/components/news_article/news_article.tsx +++ b/src/components/news_article/news_article.tsx @@ -43,6 +43,44 @@ const NewsArticle = ({shareId, news, recommendations}: INewsArticle) => { shareId: shareId, }); + // TODO: parse the content as temporary solution (20230612 - Shirley) + // const parseContent = (content: string) => { + // const lines = content.split('\n'); + // // console.log('content', content); + // return lines.map((line, index) => { + // if (line.startsWith('###')) { + // const title = line.substring(3).trim(); // remove '###' + // return ( + //
+ // + // {url} + // + //
+ // ); + // // const url = line.substring(2); // remove '- ' + // // return {url}; + // } else { + // return ( + //+ // {line} + //
+ // ); + // } + // }); + // }; + return ({date}
{news.content}
*/}The unpredictable terrain of cryptocurrencies is experiencing a considerable degree of turbulence. It is looking down the barrel of an uncertain week ahead, with a potential @@ -242,7 +281,7 @@ const NewsArticle = ({shareId, news, recommendations}: INewsArticle) => { cointelegraph.com - + */}
{date}
+{news.content}
*/} + ++ The unpredictable terrain of cryptocurrencies is experiencing a considerable degree of + turbulence. It is looking down the barrel of an uncertain week ahead, with a potential + downturn in its value. After an in-depth analysis of international policy shifts, + technical market predictions, and overarching economic news, a plausible outcome could + be{' '} + + a over 5% depreciation in Ethereum's value from June 3-9, 2023. + {' '} + In this comprehensive exploration, we will delve into these three major dimensions and + the multifaceted factors that support them, to fully understand the composite factors + contributing to this market prediction. +
++ On the international policy front, there are a couple of significant developments that + might potentially drive down Ethereum's price.{' '} + + Russia, a country that holds considerable sway in the global crypto market, is + poised to implement new regulations on the establishment and operation of + cryptocurrency exchanges. + {' '} + These proposed regulations signal a stark shift in Russia's stance towards + cryptocurrencies, casting a cloud of uncertainty over the market. Given the scale of + Russia's involvement in the crypto market, these changes could potentially trigger + market instability, which may, in turn, negatively affect the demand for and + consequently the price of Ethereum. This uncertainty, coupled with a potential + reduction in the participation of Russian players in the crypto market, forms a + compelling case for a potential downturn in Ethereum's value. +
++ A similar development is occurring in Bali, Indonesia, where the government has + initiated a crackdown on foreign tourists using cryptocurrencies for payment.{' '} + + Bali, with its thriving tourism industry, forms a significant chunk of Indonesia's + economy. If the use of cryptocurrencies like Ethereum is curtailed in such a major + economy, it could inevitably lead to a decline in the global demand for Ethereum. + {' '} + These restrictions could create a challenging environment for the use of + cryptocurrencies, further exacerbating the potential decline in Ethereum's value. + Given these shifting sands in the international policy landscape, Ethereum may well be + set for a potentially significant decline. +
++ From a technical analysis standpoint, the prognosis for Ethereum isn't very optimistic + either. Indications are that Bitcoin and Ethereum possess further correction + potential, hinting at the possibility of a continuation of the recent downward trends. + Given the correlation between Bitcoin and Ethereum, it stands to reason that if + Bitcoin is likely to continue its descent, Ethereum might not be far behind. The + market dynamics that have driven Bitcoin's recent declines could very well influence + Ethereum's trajectory in a similar fashion. +
++ Ethereum's market sentiment has been depicted as negative. A negative market sentiment + could indicate a reduced appetite for Ethereum among investors, thereby potentially + leading to lower demand and subsequently, a decline in Ethereum's price. This + analysis, coupled with the potential for market correction, paints a fairly bleak + picture for Ethereum in the week ahead. +
++ On the overall economic news front, several significant global developments could + potentially contribute to a decline in Ethereum's price. The uncertainty surrounding + the US debt ceiling and its potential impact on Bitcoin is notable. Considering that + Ethereum often follows similar market trends to Bitcoin, this uncertainty could also + weigh heavily on Ethereum's price. The potential for increased market volatility could + spur risk-averse behavior among investors, leading to a reduction in the demand for + Ethereum, thereby potentially causing a downturn in its value. +
++ A cautious trend for the stock market in the week ahead is observed, owing to ongoing + geopolitical tensions and economic uncertainty. Given the correlation between + cryptocurrency markets and traditional financial markets, this trend of caution and + uncertainty could potentially spill over into Ethereum's market, exerting downward + pressure on its price. The role of regulatory uncertainty and global economic + conditions in determining cryptocurrency prices is emphasized. Given the current + global uncertainties, it's conceivable that Ethereum might be on the brink of a + negative price trend. +
++ The possible impact of the ongoing banking crisis and the US debt ceiling issue on the + cryptocurrency market is noteworthy. +
++ Given that the US is a major economy, any uncertainty originating here can have a + ripple effect across global markets. Such uncertainty could cause investors to become + risk-averse, potentially leading to a sell-off in the cryptocurrency market, which + could then affect Ethereum's price. +
++ In conclusion, the convergence of the international policy shifts, market indicators, + and global economic trends point towards a potential 5% downturn in Ethereum's value + in the week ahead. The week will be largely dictated by the looming regulatory changes + in Russia and Bali, the negative market sentiment, the potential for further market + correction, and the wider economic uncertainties. While the cryptocurrency terrain is + notoriously unpredictable, these factors collectively suggest a possible dip in + Ethereum's value. In the following week, our focus will be on monitoring these events + closely and evaluating their impacts on Ethereum's trajectory. +
+{date}
+{news.content}
*/} + ++ The dynamism of the global financial landscape, particularly the crypto market, is + marked by the interplay of policies, technology, and economics. We'll focus on these + aspects, playing pivotal roles in sculpting the future of cryptocurrency. Further, our + analysis suggests a potential 3% increase in the Ethereum price from June 10-16, 2023. +
++ Hong Kong is becoming a major crypto hub due to its strategic regulatory moves. Hong + Kong's distinct approach to regulation, including recognition of crypto assets under + existing laws and the requirement for all crypto firms to be licensed, is fostering a + conducive environment for crypto growth. +
++ Japan's policies, leveraging its tech strength, have made strides in the crypto + sector. Japan's introduction of the Payment Services Act, which recognizes crypto as a + legal form of payment, has boosted the country's crypto growth. Meanwhile, Japan's + regulatory body, the Financial Services Agency, has created a regulatory sandbox for + fintech innovation, thereby nurturing a favorable environment. +
++ London's regulatory environment is also fueling its crypto market. Evertas, a + London-based crypto insurer, was granted authorization to offer services, suggesting + London's flexible regulatory stance. +
++ Moreover, European officials believe US SEC's intensified enforcement could create + opportunities for Europe, including the UK, to attract more crypto-related businesses. +
++ In the realm of technological advancements, there’s some progression happening in + zkSync and Optimism. +
++ zkSync, a Layer-2 scaling solution, is pioneering efficiency and scalability in + blockchain transactions. Its notable development, the "Era Rocket Pool," uses + zero-knowledge proofs to achieve significant transaction speed and reduce gas costs. + This step represents a critical breakthrough, as the technology resolves two of the + most pressing concerns in blockchain applications: scalability and high transaction + fees. The innovation promises to revolutionize not just the DeFi sector but the entire + cryptocurrency landscape, by allowing for more participants and transactions at a + lower cost. +
++ Optimism is another trailblazer in this field. The company's recently completed + "Bedrock" hard fork introduces a new era in transaction speed and security. The hard + fork involves an upgraded Ethereum Layer-2 scaling solution, designed to handle more + transactions while increasing their security. This advancement is especially crucial + in the context of the growing demand for secure and efficient crypto transactions. The + "Bedrock" hard fork underscores the progress being made in the realm of blockchain + technology and lays the foundation for further advancements in transactional speed and + security in the crypto world. +
++ US President Biden's recent signing of the debt ceiling bill averts a default crisis, + ensuring economic stability. Coupled with the BLS's latest employment report + indicating job growth, these factors are fostering a healthy investment environment. +
++ Moreover, the Bureau of Labor Statistics (BLS) released a promising employment report. + It shows encouraging signs of job growth, a key indicator of a healthy and recovering + economy. The positive economic news suggests a robust job market, increased consumer + spending, and overall economic growth, conditions typically associated with a thriving + investment ecosystem. +
++ Together, these economic factors provide a supportive backdrop for the cryptocurrency + sector. A buoyant economy and stable fiscal policy can inspire confidence among + investors, potentially driving more capital into the market, including the + ever-evolving crypto space. As these economic trends continue, the potential for + crypto market growth is likely to strengthen further. +
++ The crypto sector is shaped by policy, technology, and economics. Regulatory measures + in Hong Kong, Japan, and London are carving unique paths. Technological innovations + like zkSync's "Era Rocket Pool" and Optimism's "Bedrock" hard fork are pushing + transaction efficiency and security. Economic indicators, such as the signing of the + debt ceiling bill and positive employment reports, underscore the influence of overall + economic health on the crypto market. +
++ As these elements intertwine, they reshape cryptocurrency. We'll continue monitoring + these trends, providing clear and relevant insights into the rapidly evolving crypto + industry. Today's changes are shaping the current state of the crypto market and + outlining its future trajectory. Our focus remains on navigating this dynamic + landscape with accuracy, clarity, and detail. +
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