2023-8-7 19:33 |
Markets are already expecting the Fed to refrain from more rate hikes this year and have begun pricing in rate cuts in 2024. origin »
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Quick Take Bitcoin difficulty has seen a downward adjustment of 3% today. Remarkably, this marks the ninth negative adjustment in difficulty over the last year. Impacts of Texas Heatwave on Hash Rate The recent negative trend in difficulty adjustments can be partly attributed to the intense summer heatwave experienced in Texas.
2023-7-26 17:00 | |
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Fidelity likes Ethereum as burn rate now exceeds issuance. ETH continues to be the largest holding in investors’ portfolios. Ether is currently up more than 50% versus the start of the year.
2023-7-25 23:18 | |
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Solana made a new high for the year A double bottom might be in place All eyes are on the Federal Reserve’s interest rate decision Investors in the cryptocurrency market have had a mixed year so far.
2023-7-23 13:08 | |
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At the current rate, 2023 was on track to become the second-worst year in terms of ransomware attacks. There was a substantial increase in the number of very large ransom payouts in H1 2023.
2023-7-13 15:30 | |
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Keep an eye on the latest updates in the crypto industry with U.Today's news digest!
2023-7-11 19:18 | |
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Slovakian lawmakers have passed legislation to regulate and reduce the tax rate on cryptocurrency income. Under the new law, crypto income from assets held for at least a year will be taxed at a favorable rate of 7%, aligning Slovakia…
2023-7-1 11:24 | |
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Lawmakers in Slovakia recently voted to confirm legislation to regulate and tax cryptocurrency income at a lower rate. Starting in effect, crypto income on assets held for at least a year will only be taxed at 7% instead of the current rates of 19% or 25%.
2023-6-30 00:00 | |
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Quick Take The first quarter of the year witnessed the U. S. GDP outperforming expectations by landing at a 2. 0% growth rate, surpassing the anticipated forecast of 1. 4%. The impressive performance runs in tandem with the recent U.
2023-6-29 15:59 | |
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Lawmakers wanted to see a 7% rate for crypto held longer than a year
2023-6-30 15:18 | |
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Quick Take The Bitcoin network has experienced a 2% drop in its difficulty adjustment, marking the fourth such decrease in 2023. With approximately a quarter of all adjustments this year showing a negative trend, the hash rate acceleration is evident.
2023-6-29 01:53 | |
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Quick Take The inflation rate year over year for the Eurozone area saw 6. 1%, which was in line with consensus. However, it remains three times the target of the ECB of 2%. Core inflation remained stubborn, high, and around 5.
2023-6-16 13:00 | |
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The US Federal Reserve (Fed) chair Jerome Powell hinted at two more rate hikes expected to come this year. According to CNBC, the statement came after the Federal Open Market Committee (FOMC) decided to pause the consecutive rate boosts. The…
2023-6-15 14:11 | |
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Quick Take The Fed was somewhat clear with their projections suggesting two further 25 bps rate hikes this year. However, the market is currently pricing in one 25bps hike in July and then holding for the remainder of the year.
2023-6-15 12:54 | |
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ALSO: Valkyrie's chief investment officer expects the U.S. central bank to suspend its nearly year-long diet of interest rate increases. That might please digital and other asset markets, but Steven McClurg said that the monetary dovishness is unlikely to continue later this year.
2023-6-9 03:54 | |
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The company says the new index dubbed Lightning Network Rate (Liner) could be like Bitcoin’s version of the London Interbank Offered Rate (Libor), a global reference rate for loans. Liner complements Magma, the Lightning liquidity marketplace launched by Amboss last year.
2023-6-6 19:00 | |
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Quick Take The FOMC minutes were released Thursday, showing a split among members over further rate hikes. However, it was clear that rate cuts will not be happening in the near future. In the staff economic outlook, it was stated a “mild recession” could occur later this year.
2023-5-25 11:59 | |
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The US economic growth is slowing as concerns about commercial real estate (CRE), debt ceiling, and regional banks continue. As a result, after hiking interest rates from near zero to 5% this year, several Fed officials who talked recently have been open to pausing increases.
2023-5-23 06:58 | |
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The adoption of digital assets, specifically the two market leaders Bitcoin (BTC) and Ethereum (ETH), continues to grow with gains recorded this year and a potential pause in interest rate hikes.
2023-5-17 22:06 | |
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Marathon Digital Holdings reported quarterly results for its cryptocurrency mining operations on May 10. Fried Thiel, chairman and CEO of Marathon, said: “After weathering a tumultuous 2022 … this year is off to a strong start as we grew our hash rate, reduced our cost to mine, and improved our balance sheet during the first […] The post Marathon sees $51M revenue, 74% YOY increase in Bitcoin output in Q1 appeared first on CryptoSlate.
2023-5-11 02:28 | |
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Coinspeaker Hong Kong IPO Market to Rebound This Year after Turbulent 2022 Despite the raging impact of inflation in different economies, monetary authorities have not been sitting on their oars, rather, they have been fighting the surge through consistent interest rate hikes.
2023-5-5 14:06 | |
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Around 78% of organizations worldwide expect a successful cyber attack to occur in the next 12 months, Trend Micro’s latest report revealed on May 4. This rate is especially surprising considering the report also calculated the cyber risk level to be improved to moderate from elevated for the first time, the Trend Micro report stated.
2023-5-4 14:00 | |
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Today’s interest rate decision by the U. S. Federal Reserve (Fed) and the following press conference by the Federal Open Market Committee (FOMC) could make up for this year’s most important day so far for the Bitcoin price.
2023-5-3 10:10 | |
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"Staking Allocation to target approx. 0.35 – 1 CAKE/block instead of 6.65 CAKE/block," developers wrote.
2023-4-19 20:00 | |
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Injective protocol (INJ) has been on a tear lately, surging past $8 on April 15 and recording a growth rate of over 400% so far this year. It’s no wonder that social sentiment around this exciting cryptocurrency has reached near-euphoric levels, with holders and investors alike giddy at the prospect of continued gains.
2023-4-15 18:00 | |
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Quick Take Yesterday, April 6, Bitcoin difficulty adjusted positively again to over 2%, the sixth positive adjustment this year out of 8. The difficulty is now at an all-time high due to the ongoing hash rate surge, which is now at 340 TH/s (7DMA).
2023-4-7 13:00 | |
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Cardano founder Charles Hoskinson is optimistic about the future of crypto despite the setbacks, and anticipates a high rate of Cardano adoption in Africa this year.
2023-4-6 15:05 | |
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In this week’s episode of BitTalk, your weekly bite-sized Bitcoin news, we look at CFTC coming after Binance, the potential for Bitcoin ETFs, rate hikes, and Bitcoin development on Lightning.
2023-3-31 15:30 | |
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India disclosed that it made nearly $20M in tax after new rules subjected income from crypto transfers to a flat tax rate of 30%. The post India Raked In Over $19.2M in Crypto Tax in the 2023 Fiscal Year appeared first on BeInCrypto.
2023-3-30 13:00 | |
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Quick Take A lot of noise has surrounded Bitcoin’s vast hash rate growth this year. The post Third-most aggressive hash rate adjustment to the upside in the past five years appeared first on CryptoSlate.
2023-3-27 15:30 | |
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Ethereum price moved sideways on Thursday as investors reacted to the latest interest rate decision by the Federal Reserve. It was trading at $1,760, where it has been in the past few days. This price is about 52% above the lowest point this year.
2023-3-23 14:23 | |
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Just like the Pope is Catholic, Bitcoin is volatile. Today, it may be even more so. The ECB is due to announce its latest interest rate decision at 9:15 AM Eastern time in what sets up as one of the most pivotal of the year (this is the second time I have used that pun […] The post Bitcoin, crypto, Nasdaq await interest rate decision as banking turmoil promises extra volatility appeared first on Invezz.
2023-3-18 14:50 | |
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Researchers of the analytical company Matrixport published a series of tweets. In them, they talked about the impact of macroeconomic situation on exchange rate of the flagship cryptocurrency Bitcoin (BTC).
2023-3-15 14:48 | |
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The network's developers implemented a new feature last year to let some users to pay extra to avoid congestion. Even the elevated "priority fee" rate is still considered low, so the adoption rate is growing.
2023-2-25 23:39 | |
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Enjin coin price went parabolic on Thursday as cryptocurrencies staged a strong comeback despite the rising interest rate hikes bets. ENJ jumped to a high of $0. 5650, the highest point since August last year.
2023-2-24 08:02 | |
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Quick Take The fed funds rate now implies that rate cuts are off the table for 2023 and are expected to remain higher for a longer time frame in the year. The post Rate cuts potentially off the table for 2023 appeared first on CryptoSlate.
2023-2-23 21:44 | |
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The Bank of England (BoE) has given a forecast showing they expect inflation to fall at a high rate this year. Based on the forecast, inflation will fall to 3% by the first quarter of 2024, go below the 2%…
2023-2-3 14:11 | |
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The U.S. Federal Reserve (Fed) chair Jerome Powell announced yet another rate hike to bring inflation down to the 2% mark. This is the eighth consecutive time in less than a year that the Fed has increased the interest rates.…
2023-2-2 14:27 | |
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Just under a month into this shiny new year that is 2023, and markets are heating up. Inflation has softened significantly over the last couple of months. The bane of markets all throughout last year, this has provided hope to investors that the Federal Reserve will pivot from its hawkish interest rate policy sooner than […] The post Bitcoin best performing asset class of 2023, opposite of inflation hedge appeared first on Invezz.
2023-1-28 13:07 | |
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A curated weekly summary of forward-focused crypto news that matters. This week, Bitcoin surges as the first CPI print of the year reveals a dropping inflation rate, SBF publishes a new blog that expounds his innocence, and onchain metrics send mixed signals.
2023-1-16 19:01 | |
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Aggressive interest rate hikes have wrought havoc on global markets. As a consequence, more countries may embrace Bitcoin in the year ahead.
2022-12-24 02:08 | |
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The price of Bitcoin (BTC) fell by 64.68% to $16,870 from around $47,766 at the beginning of the year, CryptoSlate data shows. The post Bitcoin miners increased hash rate and production despite falling BTC prices in 2022 appeared first on CryptoSlate.
2022-12-23 21:00 | |
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The crippling crypto winter has necessitated massive layoffs across all industry sectors. But despite those, the employment rate has hit a record high this year. Crypto winter not slowing down Web3 projects Since the beginning of the crypto winter earlier…
2022-12-23 02:28 | |
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The slated law comes as Nigeria's eNaira has only managed to obtain a 0.5% adoption rate, a little more than a year after its launch in October 2021.
2022-12-19 08:45 | |
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The Fed has indicated that it remains to determined to hiking interest rates next year, pushing crypto and stocks down
2022-12-15 22:11 | |
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The U.S. central bank raised its benchmark interest rate to a range of 4.25%-4.5% on Wednesday. Officials now expect the current rate-hiking cycle to peak next year at a "terminal rate" above 5%.
2022-12-15 22:05 | |
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Key Takeaways Crypto is one year into a vicious bear market This is the first time crypto has experienced a bear market in the wider economy, too With too many negative macro variables, and the zero-interest rate era over, it seems naïve to think crypto can bounce significantly in the short-term Anyone betting on […] The post Crypto winter may not end anytime soon appeared first on CoinJournal.
2022-12-15 20:41 | |
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DeFi stands for blockchain-based financial transactions without traditional middlemen for lending, trading, and other financial operations. Over the past year, the decentralized finance (DeFi) industry has developed at a rate never seen before, leading to the emergence of several innovative methods for trading and profiting from digital assets.
2022-12-13 10:53 | |
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Coinspeaker Tesla (TSLA) Stock Soars 7% on News Fed May Slow Rate Hikes Tesla CEO Elon Musk was one of those who shared his sentiments on the likelihood of a recession next year. Tesla (TSLA) Stock Soars 7% on News Fed May Slow Rate Hikes
2022-12-1 14:33 | |
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The Hash Ribbon, an indicator for determining miner capitulation based on when the market reaches a bottom, ended on August 18 after 2 months of dwindling miner participation. The post Bitcoin records biggest negative hash rate adjustment in a year appeared first on CryptoSlate.
2022-11-29 21:41 | |
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DeepSeek AI’s release hit crypto markets hard, pulling down tokens across the board. Is this a temporary dip or the beginning of a major market reset? Crypto sinks deeper with DeepSeek AI As of Jan. 27, the total crypto market…
Nasdaq has proposed a new system for BlackRock's iShares Bitcoin ETF, allowing institutional investors to redeem shares directly for bitcoin instead of cash. This innovative model aims to streamline operations, cut costs, and reduce market impact, marking a significant step forward in the evolution of Bitcoin ETFs.
MicroStrategy's strategy could influence corporate treasury practices, potentially increasing Bitcoin's role in financial diversification. The post MicroStrategy doubles down on Bitcoin, files shelf registration statement for flexible capital raising appeared first on Crypto Briefing.
MicroStrategy's aggressive Bitcoin strategy highlights the growing trend of corporations leveraging cryptocurrency for long-term asset diversification. The post MicroStrategy accumulates additional 10,107 Bitcoin at over $105K per coin appeared first on Crypto Briefing.
Senator Cynthia Lummis will make a significant announcement at 10 am, potentially revealing new developments on a strategic Bitcoin reserve. The post Senator Lummis to unveil major development regarding strategic Bitcoin reserve at 10 a.m. appeared first on Crypto Briefing.
Goldman Sachs' stance on Bitcoin highlights the enduring dominance of the US dollar and the regulatory challenges facing crypto integration. The post Goldman Sachs CEO sees Bitcoin as a speculative asset, not a threat to the US dollar appeared first on Crypto Briefing.
Cryptocurrencies recorded notable gains over the past day as Bitcoin displayed strength above $105,000. With experts predicting massive growth for the crypto industry under the new US government, attention has shifted to different projects.