Market Wrap: Crypto Markets Trade Higher as Fed Raises Rates by Expected Amount
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Read MoreU.K. bank Barclays is among the investors in cryptocurrency custody firm Copper's $2 billion funding round, according to a report by Sky News. Source
Read MoreU.K. bank Barclays is among the investors in cryptocurrency custody firm Copper's $2 billion funding round, according to a report by Sky News. Source
Read MoreTaking the lead among altcoins was AAVE, the token of decentralized finance (DeFi) protocol, Aave , which climbed 7% in the last 24 hours. The increase comes as the troubled crypto lender, Celsius Network, paid off its debt on Aave, freeing up $26 million in tokens as part of its
Read MoreAccording to a new report, U.S. president Joe Biden and his administration are focused on proof-of-work (PoW) mining. The principal assistant director for energy for the White House Office of Science and Technology Policy (OSTP) discussed the research report on July 2, 2022. The OSTP official, Costa Samaras, said if
Read MoreWhile bitcoin’s price dropped below the $20K region, the network’s hashrate slipped under the 200 exahash per second (EH/s) region to 167 EH/s on June 18. At the time of writing, the hashrate is coasting along at 184 EH/s after a slight rebound following the drop. With the price per
Read MoreWhile the broader crypto market is on a downward spiral and social media is plagued with fears and complaints, some are choosing to focus on the decentralized finance (DeFi) space's potential for the future. In a DeFi subreddit, Redditor Popular_Rub9075 asked community members what they want to see more of in
Read MoreHayes highlights open interest data for BTC and ETH, which are at $20,000 and $1,000.He says the closer the market goes to those strike prices; the more will be sold, leading to a potentially large sell-off.The market crash has had an enormous impact on the growth of the market, with
Read MoreBitcoin miners may catch another break this week as the network’s mining difficulty is estimated to see a reduction tomorrow. Every two weeks Bitcoin’s difficulty adjustment algorithm (DAA) changes, and during the last DAA change, the difficulty dipped by 4.33%. Currently, at 235 exahash per second (EH/s), the network is
Read MoreThe bill “On Digital Currency,” meant to comprehensively regulate crypto transactions in Russia, will be a “tough” law, according to the head of the State Duma Financial Market Committee. The legislation is yet to be finalized and will not be reviewed by lawmakers in the near future, Anatoly Aksakov revealed
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