The data from the United States Bureau of Labor Statistics, released on Thursday, show that the US PPI inflation increased 0.2% in August. This aligns with the Dow Jones consensus estimate teased before the readings came out. This important inflationary gauge comes amid increasing speculations in anticipation of a rate
September 12, 2024 2 mins read
Market debates have been sparked by the investigation into the hiring procedures of US SEC Chair Gary Gensler. There are worries about the agency’s neutrality in recruiting methods. Since the probe, which was initiated by the House Republicans, suggests that it may be violating federal law by perhaps considering political
September 12, 2024 2 mins read
With “Lumina,” DIA, the open oracle network, has unveiled a completely revamped oracle architecture. With its impending testnet launch, Lumina aims to establish new benchmarks for oracles and solve the enduring need of genuinely decentralized and trustless data architecture for web3. It also intends to increase the usefulness of its
September 12, 2024 3 mins read
Amid the current market sentiment, Metaplanet, a Japanese corporation, revealed ambitions to buy additional Bitcoin (BTC). Members of the eleventh series of stock purchase rights were notified by the corporation. As investors focus on macroeconomic variables, speculations about the price of Bitcoin are sure to continue in the next weeks.
September 9, 2024 2 mins read
Three Arrows Capital (3AC) cofounder Su Zhu recently wrote in an X post praising SOL’s prospects. As the Breakpoint event draws near, Zhu projected that the price of Solana would rise. To set the scene, Solana hosts an annual conference called the Breakpoint event where ecosystem experts get together to
September 7, 2024 2 mins read
With complete approval in Kazakhstan, cryptocurrency exchanges Bybit and Binance are able to extend their worldwide reach. The approval from Kazakhstan’s financial watchdog brings them closer to its goal of becoming a regulated DATF. The digital asset exchange industry is in the midst of a fierce race to ensure that
September 6, 2024 2 mins read
Analysts claim that since the “merge” to proof-of-stake on the Ethereum blockchain occurred about two years ago, Ether’s performance has lagged behind bitcoin’s by a margin of up to 44%. Almost two years have passed since Ethereum’s upgrade, The Merge, which transitioned to a proof-of-stake network, and next week will
September 5, 2024 1 min read
Travala.com, a crypto-native travel platform, has announced an integration with the major global travel marketplace Skyscanner. The whole inventory of 2,200,000+ hotels from Travala.com, all of which can be booked using more than 100 cryptocurrencies, is now fully discoverable on Skyscanner’s platforms. As the first cryptocurrency-native platform to be linked with Skyscanner,
September 5, 2024 2 mins read
The strategic cooperation between layer-1 blockchain and the decentralized computing network io.net for AI Nesa was recently launched in April, but it has already grown tremendously. The synergies between the two have grown quickly after the collaboration was made public, with io.net assisting in scaling up the supply of large GPU resources
September 5, 2024 2 mins read
In the early trading session Wednesday, the price of Bitcoin continued its precipitous decline from Tuesday, falling to a low of $55,555. As a result, Bitcoin and other major cryptocurrencies fell to levels not seen in a month. The worst time for global markets since the crash of August 5
September 5, 2024 1 min read
