For the economy to go forward, Powell said that inflation has to level off. Michael Saylor has justified the company’s choice to invest in Bitcoin. With an increase of 0.75 percent, the Federal Reserve raised interest rates to their highest level since 1994. The move to raise interest rates was
June 16, 2022 2 mins read
According to OpenSea, consumers using Seaport would save 35% on gas fees. The seaport is neither owned nor operated by OpenSea but instead built on top of it. Tuesday saw the announcement of OpenSea’s migration to Seaport, the most popular non-fungible token (NFT) marketplace by trading volume. A few of
June 15, 2022 1 min read
Last week, the Prime Minister’s office received a 30-page study. A rotating QR code may also be used to register the ticket. In preparation for the 2024 Olympic Games in Paris, the French Olympic Committee plans to use a blockchain ticketing system. The committee intends to provide fans with a
June 15, 2022 2 mins read
Coinbase and Gemini also chose to reduce the number of employees. The platform claims to have tried multiple ways to decrease losses. As a result of exceptionally challenging market circumstances, BlockFi has chosen to lay off 20% of its workforce. Investors and institutions alike have had a difficult time in
June 14, 2022 2 mins read
Fed will have to continue its strong posture until the next meeting. Following the data release in May, Treasury rates spiked, and stock futures plummeted. On June 15, the U.S Federal Reserve will meet to decide interest rates, and investors fear a more hawkish tone from the central bank, which
June 14, 2022 2 mins read
During the previous two days, the price of Bitcoin (BTC) has fallen by 20%. Celsius has banned withdrawals for users in a shocking move. Over the weekend, Bitcoin (BTC) lost ground, falling to its lowest level since late 2020 as a wave of sell signals pushed the token down. During
June 13, 2022 2 mins read
The 6050I clause is not intended to gather information about third parties. Toward that goal, Coin Center issued an open letter to the crypto community. There is a lawsuit against the Treasury Department by a non-profit blockchain advocacy organization Coin Center for allegedly including an unconstitutional addition in their infrastructure
June 12, 2022 1 min read
After reaching a peak of $3573 on April 3rd, the cryptocurrency has fallen by 57.5%. Ethereum has been down 11.78% in the last 24 hours. As the weekend approached, the ETH price dropped sharply, falling over 15% in the previous two days. Since the altcoin’s plunging price has violated the
June 12, 2022 2 mins read
Syscoin is meant to be utilized by everyone from the unbanked to the world’s most powerful corporations and governments. In order to provide the most competent platform with Bitcoin’s security, Ethereum’s versatility, and its own scaling solutions, the firm is constantly upgrading its blockchain architecture. It completed the first part
June 10, 2022 3 mins read
Moonbeam has been down 5.24% in the last 24 hours. GLMR has been consolidating for a prolonged period. Recently, Moonbeam, the multi-chain application center on Polkadot, announced an integration with the privacy-oriented Calamari parachain and the availability of Manta’s native Calamari token, KMA. According to Moonriver, Calamari will be placed
June 10, 2022 2 mins read
