Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied 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...
In May 2023, Hut 8 Mining, a crypto miner based in Toronto, Canada, and one of North America’s largest publicly traded mining firms, mined 147 bitcoin (BTC). This news comes when the Bitcoin hash rate is falling. Hut 8 Mining mined 147 bitcoin in May...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied MakerDAO, an Ethereum-based DeFi protocol, is preparing for a crucial vote on a proposal to increase the Dai stablecoin (DAI) savings rate (DSR) to 3.33%. If implemented, this change...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Shiba Inu (SHIB) has struggled to get ahead of the bears over the past three weeks as the asset’s burn rate was decreasing. With the 1.7% rise in the...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The crypto market has been tumbling for the past three weeks, with a roughly $145 billion fall in its global market capitalization. Shiba Inu (SHIB), the second-largest meme coin,...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The US Federal Reserve (Fed) has been raising its interest rates for the tenth consecutive time since March 2022. According to Reuters, the rate hikes favor the US-based brokerage...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The shiba inu (SHIB) price has been tumbling since May 4, when the meme coin was trading at around the $0.00001 mark. Data provided by SHIB BURN shows that...
Despite the Federal Reserve’s decision to raise interest rates, the crypto market remains resilient, showing signs of decoupling from traditional financial markets. The Federal Reserve announced a 25 basis points hike on May 3 in response to rising inflation, sending shockwaves across various...
Ahead of the highly anticipated Federal Reserve (Fed) announcement, trader sentiment is bullish, and the total crypto market capitalization is over $1.18t. Bitcoin, ethereum bullish but gains are low Statistics indicate that crypto markets have recorded slow gains recently in anticipation of the...
Bitcoin has remained relatively stable within a tight trading range as the Federal Reserve prepares to announce its interest rate decision on May 3, which may impact the cryptocurrency market. As the Fed’s meeting approaches, all eyes are on the cryptocurrency market and...