Author: CryptooTimes
Traders said macroeconomic data suggests optimism for riskier bets, such as bitcoin, in the coming months. “The US 2Y/10Y treasury spread, an indicator of recession, has been inverted since July 2022 but has recently steepened to +8bps,” QCP Capital traders said in a market broadcast Friday. “This reflects market optimism and a shift towards risk-on assets.”
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. An Ethereum ICO participant sent 10,000 ETH to Kraken after two years. Shibarium fees soared 2,024% as IntelMarkets raises $450K. According to the latest news, an Ethereum ICO participant just sent 10,000 ETH to the Kraken exchange. This transfer comes after the participant was dormant for over two years. In other news, Shibarium transaction fees have pumped by 2,024% in the past day due to an increased number of transactions. Meanwhile, IntelMarkets is the top-performing presale, scoring over $450k…
Wrapped Bitcoin products allow users to retain asset control while using Bitcoin as collateral for decentralized finance applications.
Stablecoins are becoming systemically important to the global financial economy, Bernstein wrote in a recent report.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. New altcoin Rollblock is gaining traction, raising $3.7 million in presale and challenging Dogecoin and XRP. Dogecoin and XRP used to hog all the headlines back in their respective salad days. But in 2024, a new altcoin contender is on the verge of replacing them in the center of every crypto conversation. New altcoin Rollblock, currently in stage 6 of its much-awaited presale, has already raised a sensational $3.7 million and counting—and the scuttlebutt around crypto circles is that…
Powerledger’s co-founder John Bulich believes the expansion emphasizes “that sustainability is a common goal that transcends ecosystems.”
Several ‘Satoshi era’ bitcoin have been active in the past few years. In July 2023, a wallet dormant for 11 years transferred $30 million worth of the asset to other wallets, while in August, another wallet transferred 1,005 BTC to a new address.
The U.S. Securities and Exchange Commission granted approval for Nasdaq to list and trade options on BlackRock’s iShares Bitcoin Trust. Per the details shared in the official filing on Sept. 20, the SEC’s approval comes after a lengthy review process that started on Jan. 9, 2024. That was when Nasdaq initially filed the proposal to trade options on exchange-traded products. Nasdaq consistently followed up on its proposal with multiple amendments, which began on Jan 11. Over the following months, the exchange submitted additional amendments and information regarding IBIT and other Bitcoin-based (BTC) ETPs. SEC’s approval involved multiple stages of review…
Illustration: Kotaku / Vicky LetaIn This StoryWelcome to the weekend, puzzlers! There’s a rugged Connections waiting for you today—each group has one word that, when taken with the one word from another group, could easily form its own group. But they don’t, so you’d be wrong. (Like we were, darn it.) Maybe you’ll need some wake-me-up background music to get you ready—something nice and gentle like the Helldivers 2 soundtrack, maybe? Go spread democracy!Here for you while you listen are your daily sweet 16 words, back and ready for your best grouping efforts. The popular Connections brainbuster from The New…
Bank of Canada Governor Tiff Macklem highlighted the potential risks AI poses to inflation and financial stability in the short term.
