Bitcoin Dawdles Below $30K as Investors Eye Coming Fed Rate Decision, BTC Options Expiry

2023-7-22 00:46

Next week’s U.S. central bank interest rate decision and the bitcoin options expiry are unlikely to move markets, which have been stuck for weeks.

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rate bitcoin options decision expiry unlikely move

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Upcoming Bitcoin halving may put Ethereum’s inflation rate in the shadow

Quick Take Bitcoin’s inflation rate, currently sitting at about 1.750%, is expected to reduce by half to approximately 0.875% upon the next halving in April 2024. The upcoming reduction in Bitcoin’s annual increase of supply created an interesting point of comparison with Ethereum, which experienced significant changes in its own rate after transitioning to Proof-of-Stake […] The post Upcoming Bitcoin halving may put Ethereum’s inflation rate in the shadow appeared first on CryptoSlate.

2023-11-7 17:30


Bitcoin Market Share Returns to December High as Hash Rate Exceeds 50 Quintillion Hashes per Second

Bitcoin’s market share catapults back to almost 50 percent, returning to levels not seen since the December 2017 bull-run that resulted in an all-time high BTC value of nearly $20,000. The return of Bitcoin’s market share dominance coincides with an unsurpassed level of hashing power directed at the Bitcoin network, with total hashpower exceeding 50 […] The post Bitcoin Market Share Returns to December High as Hash Rate Exceeds 50 Quintillion Hashes per Second appeared first on CryptoSlate.

2018-8-7 03:00


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Queensland Backs Cryptocurrency Point-of-Sale Project for Tourism

The Queensland government in Australia is backing a cryptocurrency point-of-sale system that officials believe will help boost tourism throughout the area. Thus far, they have given over $8 million in Australian dollars ($6 million USD) to roughly 70 different companies that will work to inspire innovation and create new ideas within the region’s travel space.

2018-8-2 00:27