The Solana community agreed to introduce the SIMD-228 proposal to change its current inflation rate system. After the final vote today, the proposal failed to pass with only 61.4% votes. Despite the rejection of the proposal, the Solana voting system is garnering attention across the industry. Around 910 validators, amounting
The crypto market made a strong comeback in a recovery following lower than expected U.S. inflation readings that eased investors’ worries. Bitcoin crossed the $84,000 barrier, and XRP topped $2.25, with a 2.6% increase in global market capitalization to $2.76 trillion. Why Is the Crypto Market Pumping? The U.S. Consumer
As the blockchain landscape continues to evolve, the debate over scalability, sustainability, and decentralization remains at the forefront. Many existing networks struggle with rising transaction fees, validator centralization, and inflationary tokenomics that erode long-term value. TAN Blockchain, an EVM-compatible Layer-1 network, is addressing these challenges with a revolutionary approach: a
President Donald Trump is pushing the Federal Reserve to reduce interest rates immediately. He is of the view that increased inflation results from previous policy and advocates that reduced rates go hand-in-hand with his proposed tariffs on foreign imports. Fed Rate Cut Federal Reserve Chairman Jerome Powell doesn’t agree. He
This week in the crypto space, notable developments include a major collaboration and discussions on critical changes impacting key networks. Solana’s (SOL) inflation model is under review, sparking debates about potential effects on staking rewards and network security. Meanwhile, the Binance Coin (BNB) surge to $715 has gained attention, driven
As a result of rising macroeconomic concerns, investor sentiment has been all over the place recently, sending the financial market into a tailspin. Recent economic indications, such as US job figures and hawkish words by Fed members, have heightened fears among investors. That being said, later this week, investors will
The crypto market is about to embark on a pivotal week, as all eyes are on the US CPI inflation statistics. This week also brings the US Producer Price Index (PPI) statistics, another important inflation gauge that the US Federal Reserve uses to determine whether or not to decrease interest
The introduction of the India Inflation Tracker has been announced by Truflation, a world leader in real-time financial data. The tool provides an alternative to conventional measures by giving Indian companies and consumers an unbiased, transparent, real-time picture of inflation. Truflation has teamed up with Indian web3 accelerator Levitate Labs to
The U.S. Consumer Price Index (CPI) data for October is set to be released today at 8:30 a.m. Eastern Time. This highly anticipated report is expected to show a slight uptick in inflation, with an annual increase of 2.6%, up from 2.4% in September. According to the report, the core
Inflation in the United States came in at 1.8% in September, according to the long-awaited Producer Price Index (PPI), when market forecasts had it at 1.6%. Inflation is on the rise, and investors are worried about what it may mean for Bitcoin and other cryptocurrencies in light of recent US
