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The asset, which has been valued at less than $1.00 for nearly all of its life, gained ground this week and rallied to $0.985 for the first time since August. Its volatile gains aren't doing anything to fix GHO's reputation as a not-so-stablecoin, but they do set the token close
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Taiwanese law makes it difficult for startups to incorporate on the island, explains a Taipei-based lawyer, meaning many locally based firms legally call another place home. Source
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The price of Ethereum continues to struggle below $1,600 despite the Merge being successful. As pointed out previously, the Ethereum Merge had
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Since failing to close above the $2,000 mark, Ether (ETH) price has faced a steep 16.8% correction, but this was not enough to give bears an edge in the August $1.27 billion monthly options expiry.Ether USD price index, 12-hour chart. Source: TradingViewCurrently, there are mixed feelings about the network’s upcoming
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Some observers foresee a continued rise in bond yields. "Interestingly, we have seen a 'peak' inflation narrative, and despite a miss on CPI and PPI, we are now seeing rates rise,” Michael Kramer, founder of Mott Capital Management, wrote in a market update published Thursday. Original Source
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Key takeaways: Bitcoin miners sold 4,411 BTC in May as compared to 1,115 in April. Will Clemente of Blockware Intelligence has identified that Bitcoin miners are going offline as energy costs pressure margins. Veteran Bitcoin analyst, Will Woo, has pointed out that the typical signs of a BTC bottom are yet to show. The
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The dollar index (DXY), which tracks the greenback's value against major currencies, jumped 0.7% to 103.25, having dropped 0.9% to 102.51 Wednesday. The futures tied to the S&P 500, Wall Street's benchmark index, and the tech-heavy Nasdaq index traded at least 0.5% lower, signaling a weak open following Thursday's surge.
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Bitcoin dropped and U.S. stock futures nursed losses as interest rate derivative traders expect that the U.S. Federal Reserve (Fed) could raise rates seven times this year and the tightening cycle would peak at a level higher than previously anticipated. Original Source
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Operating for a year now, insidious malware ElectroRAT is bringing 2020 into 2021 and targeting crypto wallets.A researcher at cybersecurity firm Intezer has identified and documented the inner workings of ElectroRAT, which has been targeting and draining victims’ funds.According to the researcher, Avigayil Mechtinger, the malware operation includes a variety of
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Bitcoin is trapped in the narrow range of $10,000 to $10,500, but on-chain metrics hint at a rally revival ahead. Source
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