Tuesday, October 4, 2022
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Bank of Japan Intervenes in Foreign Exchange Markets After Yen Slips to 24-Year Low – Economics Bitcoin News

While the greenback has been rising higher, the Japanese yen tapped a 24-year low and Japan decided to intervene in foreign exchange markets (forex) for the first time since 1998. Reports say the Bank of Japan conducted the first forex intervention in 24 years, after the Japanese central bank kept

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Another Stablecoin Fluctuates Wildly as HUSD Slips Below USD Peg to $0.82 per Token – Bitcoin News

The stablecoin HUSD, originally associated with the crypto exchange Huobi Global, lost its peg with the U.S. dollar on Wednesday, August 17, and it dropped even lower in value the following day on Thursday, August 18. On Thursday, Huobi addressed the public on Twitter and the exchange said “we are

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Bitcoin eyes best weekly gains in 3 months as BTC price slips below $21K

Bitcoin (BTC) hit three-day lows into the July 10 weekly close as $21,000 gave way as short-term support.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader eyes bullish divergences across marketsData from Cointelegraph Markets Pro and TradingView showed BTC/USD giving up some of its gains from earlier in the week while still

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Bitcoin’s Hashrate Slips Below 200 Exahash, BTC Mining Profits Drop Lower – Mining Bitcoin News

Bitcoin’s hashrate has declined in recent times after reaching an all-time high on June 8, 2022, at block height 739,928. 30-day statistics show the hashrate has slipped from 243 exahash per second (EH/s) to today’s 178.44 EH/s, losing 26.56% during that time frame. After two drops in a row, the

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