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Bitcoin network difficulty breaks into a new all-time high of 29.794T
30.4.2022
While Bitcoin miners continue to pursue the last 2 million BTC into circulation, the overall network is well-positioned to attain greater resilience against vulnerabilities
There’s an Insatiable Urge to Burn Crypto — A Look at Why Projects Burn Tokens and the Benefits
29.4.2022
In recent times, cryptocurrencies that burn tokens have been very popular and a number of well known blockchain projects have destroyed large sums of digital assets. While a number of crypto projects have different burn schemes, the overall effect is usually the same, as destroying tokens reduces...
First Mover Americas: Bitcoin Down as Market Braces For 50bps Fed Rate Hike
29.4.2022
The latest moves in crypto markets in context for April 29, 2022
Bitcoin network hash rate hit a new record high amid price volatility
28.4.2022
Bitcoin network hash rate hit a new record high, seeing a 400% increase since the mining ban by China last year
PS5 Gets Nice New Graphics Feature
26.4.2022
Any PC gamers among you, or even more serious Xbox owners (who have had this for years), will be familiar with technology called Variable Refresh Rate, or VRR, a feature that allows for “a dynamic display refresh rate that can continuously and seamlessly vary on the fly”. That feature is coming...
While Global Markets Get Spooked by Covid and a Hawkish Fed, Stocks and Crypto Rebound After Musk Buys Twitter
25.4.2022
Wall Street suffered Monday morning as the major U.S. stock indexes dropped further, building on losses gathered last week. Reports indicate that investors are concerned about the upcoming Federal Reserve rate hikes and China’s recent Covid-19 outbreak. As equities floundered on Monday,...
'Something sure feels like it's about to break' — 5 things to know in Bitcoin this week
25.4.2022
Bitcoin looks set for a fall as a surging U.S. dollar sparks suspicion based on an equally grim macro picture
Shiba Inu’s New Burn Portal Rewards SHIB Burners for Destroying Their Tokens
24.4.2022
Shiba inu holders can now get rewards for burning their SHIB tokens as the project’s development team officially launched the Shibaswap burn portal. According to the team, SHIB burners generate passive income in the form of RYOSHI rewards by holding on to a new token called...
Fed’s Bostic Cautious About Rate Hikes as President Biden Blames Higher Prices on Covid-19 and Putin
20.4.2022
As inflation continues to wreak havoc on the lives of ordinary American citizens, all eyes are focused on the U.S. Federal Reserve’s plans to fix the situation. Meanwhile, as the St. Louis Fed president James Bullard wants to aggressively hike the benchmark bank interest rate, Atlanta...
Crypto Funds See Outflows as Bitcoin Gets More 'Interest-Rate Sensitive'
19.4.2022
Some $97 million flowed out of digital asset funds in the week through April 15 as investors adjusted to a hawkish Fed discussion on shrinking the central bank's balance sheet
Fed’s Bullard Wants to Raise Bank Rate to 3.5% by Year’s End, Hints at 75 Basis Point Rate Hike
19.4.2022
The 12th president of the Federal Reserve Bank of St. Louis, James Bullard, thinks the U.S. central bank can increase the benchmark bank interest rate by 75 basis points this year. Bullard believes the Fed could raise rates to 3.5% by the fourth quarter of 2022 to combat the red hot inflation...
Why Crypto DEXs Are Increasingly Embracing a Fixed Staking’s Rate?
18.4.2022
For most people today, savings accounts (mostly offered by financial banks) are the most common way people seek to preserve the value of their cash and make a profit. By simply opening a bank account, investors can start saving to earn a regular fixed interest rate on those savings. While most...
Kazakhstan to Increase Tax for Miners, Considers Tying Levy to Crypto Prices
15.4.2022
The government of Kazakhstan is preparing to increase the tax burden for cryptocurrency miners and intends to tie the new rate to the value of the minted cryptocurrency. The authorities in Nur-Sultan believe that such an approach would have a positive effect on the state budget. Miners...
‘Big Short’ Investor Michael Burry Says ‘the Fed Has No Intention of Fighting Inflation’
15.4.2022
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says that the Federal Reserve “has no intention of fighting inflation.” He added that the Fed’s “Serial half-point hikes are for getting elevation before stocks and the consumer...
ECB to Cease Bond Purchases in Q3, Lagarde Says EU’s Economic Rebound ‘Crucially Depends on How the Conflict Evolves’
14.4.2022
After the inflation rate in the eurozone reached a high of 7.5% in March, the European Central Bank (ECB) and the bank’s president Christine Lagarde explained on Thursday the central bank’s bond purchases will cease in Q3. Reiterating what she said at a press conference in Cyprus...
Notional Finance Will Now Support Its Fixed Rate Collateralization Calculation With Chainlink Price Feeds
14.4.2022
DeFi is short for Decentralized Finance. It takes inspiration from the blockchain technology and its emerging nature of connecting two individuals directly without involving any third party. Technically speaking, DeFi is a peer-to-peer financial service. Functions of DeFi involve enabling users...
BoJ official says digital yen won’t be used to achieve negative interest rate
14.4.2022
The Bank of Japan’s Executive Director announced that the eagerly-awaited digital yen won’t be used to attain negative interest rates
Derivatives Exchange Giant CME Group Adds 11 New Cryptocurrency Reference Rates
9.4.2022
Global markets company and Chicago-based derivatives exchange CME Group plans to launch 11 new reference rates tied to specific crypto assets. The reference rates and real-time indices bolstered by CF Benchmarks are typically leveraged by exchange-traded products and other investment vehicles....
Shiba Inu Burn Rate Hits 26,000% in the Last Day, 1.4 Billion SHIB Destroyed in 24 Hours
9.4.2022
On Saturday, the second-largest meme-based cryptocurrency shiba inu has seen a lot of tokens burned during the last 24 hours. According to statistics, the network’s burn rate has increased by 26,592% as 1.4 billion SHIB has been destroyed. Shiba Inu Burn Rate Increases Significantly...
Russia’s Central Bank Slashes Benchmark Rate, Pegs RUB to Gold — Ruble Rebounds to Pre-War Levels
9.4.2022
Amid the Ukraine-Russia conflict, the Russian ruble has managed to rebound despite the strict sanctions imposed against the Russian Federation. The country’s central bank has taken a few steps to protect the nation’s currency as the Bank of Russia revealed a fixed price for gold...