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Bitcoin (BTC) rose by as much as 5% over the past 24 hours, tracking moves in stocks, as the U.S. Federal Reserve eased concerns about slowing economic growth. Wednesday's rate hike was expected by market participants. Source
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Fidelity Investment’s plan to allow for the inclusion of bitcoin in its operated 401(k) accounts is facing headwinds from the U.S. Labor Department, which regulates company-sponsored retirement plans, according to a report from The Wall Street Journal. Source
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●Bitcoin (BTC): $40755, +0.66% ●Ether (ETH): $3010, −1.67% ●S&P 500 daily close: $4392, −0.02% ●Gold: $1982 per troy ounce, +0.57% ●Ten-year Treasury yield daily close: 2.86% Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CryptoX Bitcoin Price Index (XBX); Ether is the CryptoX Ether Price Index (ETX);
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Share prices of Asus, Gigabyte and MSI have fallen amid a massive drop in pricing for graphics cards as Ethereum's transition to a proof-of-stake protocol nears; ether and other cryptos also gain. Original Source
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What we call Web3 will be centered on an ecosystem of technology products that are decentralized, based on blockchain networks, interoperable, and without a traditional trusted validator (such as corporations, institutions and government bodies). But exactly what does this mean? What is Web3?Web3, a term coined by Gavin Wood, Web3 Foundation
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Gold has served as a store of value for thousands of years. Due to this, investors have widely used it as a hedging tool against the effects of recessions and inflation often caused by geopolitical tensions. In light of recent events such as the COVID-19 pandemic and, more recently, the
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"USD consumer inflation will continue near all-time highs, and asset inflation will run at double the rate of consumer inflation. Weaker currencies will collapse, and the flight of capital from cash, debt, & value stocks to scarce property like bitcoin will intensify," Saylor tweeted in response to Musk's inflation query
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Volatility and choppy price action continued to dominate the cryptocurrency market on March 7 and news that United States President Joe Biden plans to sign an executive order later this week that will outline the government's strategy for cryptocurrencies was added to the list of factors weighing down crypto prices. Data
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The United Kingdom’s Financial Conduct Authority, or FCA, has issued a warning to Binance Markets in response to Binance’s payment company Bifinity and investment firm Eqonex entering a strategic partnership.In a Monday statement, the FCA reiterated that Binance Markets Limited was not allowed to conduct certain regulated crypto-related activities in
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Fantom ecosystem tokens and value locked on DeFi protocols have dipped in the past 24 hours. Source
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