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However, bond yields rose, offering negative cues to risk assets, including bitcoin. The 10-year Japanese government bond yield rose six basis points to 0.56%, reaching the highest since January. Its U.S. counterpart rose three basis points to 4.03%, extending the overnight 13 bps gain. Source
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The exchange rate of the Egyptian pound versus the U.S. dollar fell to a new low on Jan. 11 after it tapped 32.14 per greenback. The currency’s latest significant depreciation came just a few months after it adopted a flexible exchange rate regime. According to the International Monetary Fund, the
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California Governor Gavin Newsom has vetoed a bill to regulate crypto in his state. He stressed that “a more flexible approach is needed” to “keep up with rapidly evolving technology and use cases” in the crypto sector. Bill to Regulate Crypto in California Vetoed by Governor Newsom The governor of the U.S.
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sponsored Bybit recently launched Flexible Staking on its ByFi Center. This new service allows traders to stake BTC, ETH, USDT, and USDC to earn stable and guaranteed yields. Participants will receive yield every day for their staked tokens. Traders can get started by staking at least 0.01 ETH, 0.001 BTC, 50
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Zebec’s near-term plans include getting the product out, a private sale in December and a public sale in February, Thapaliya said. The company is also gearing up for its SHIP 2021 hackathon, sponsored by the Solana Foundation, which encourages developers and hackers to build products on the protocol. Source
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With adoption accelerating, blockchain’s potential to transform life in every way — from how business is conducted to labor division, operating systems and methods of collaboration — comes closer to fruition every day. If blockchain is the foundation to a truly digital model, then governance is the key to linking
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The cryptocurrency industry has come a long way since its inception, as the underlying technology undergoes constant evolution.
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Federal Reserve Chair Jerome Powell did not raise many eyebrows Thursday morning when he announced the U.S. central bank would encourage some periods of inflation above its 2% target in certain circumstances to boost the long-term economy. In remarks before a virtual version of the annual Jackson Hole symposium, Powell said
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The Treasury Department of New South Wales (NSW), an Australian state, is exploring regulatory reform for blockchain and other emerging technologies. DisclosureThe leader in blockchain news, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent
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Bitcoin cash users now have another venue to earn interest on their digital asset holdings. Binance has added support for BCH flexible
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