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Australia’s Adoption Rate Rises Rapidly As 23% Of The Population Holding Crypto
Cryptocurrency and blockchain technology are rapidly gaining momentum and widespread acceptance in Australia, with nearly a quarter of the population now owning cryptocurrency assets. Almost A Quarter Of The Population Invests In Cryptocurrency On Wednesday, August 16, Swytyx, an AUSTRAC-registered crypto exchange, unveiled their annual Australian crypto survey results via a Twitter post. According to […] дальше »
2023-8-18 16:30 | |
Bitcoin in turbulent waters as East Asian economic headwinds intensify
Quick Take Bitcoin, the leading cryptocurrency, finds itself in stormy seas as it contends with economic headwinds rolling in from East Asia. China, the world’s second-largest economy, is grappling with a weakening currency against the dollar, accentuated by fears of deflation and a recently implemented rate cut aimed at stimulating demand. дальше »
2023-8-18 14:00 | |
Bitcoin’s plunge to $26.1k triggers massive reset in crypto market dynamics
Quick Take The recent plummet of Bitcoin to $26. 1k was a massive liquidation event, underlined by significant changes in the cryptocurrency’s perpetual funding rate and open interest. The perpetual funding rate, a mechanism used by exchanges for perpetual futures contracts, which usually sees long positions periodically pay short positions when positive, has shifted into the […] The post Bitcoin’s plunge to $26. дальше »
2023-8-18 10:27 | |
Start Accepting Bitcoin: Rewards & Risks To Consider For Your E-commerce Business
As the digital landscape expands, businesses recognize the value of embracing Bitcoin as a payment method. With its seamless and efficient money transfer system, free from third-party charges and exchange rate concerns, Bitcoin is an attractive alternative. дальше »
2023-8-18 15:01 | |
Bullish investors see opportunity in Shiba Memu as crowd bets against markets
Crypto markets’ continued uncertainty has traders increasingly bearish. The total crypto market capitalization is down nearly 2% in the past 24 hours to $1. 18 trillion. The Fed’s interest rate outlook as hinted in minutes released Wednesday hasn’t helped stocks either. дальше »
2023-8-18 12:40 | |
Binance to shut down this service as BNB short positions increase
Binance Connect seems to have outlived its usefulness, as its shutdown is imminent. BNB has continued its downtrend as the negative funding rate increases. Binance is said to be discontinuinThe post Binance to shut down this service as BNB short positions increase appeared first on AMBCrypto. дальше »
2023-8-16 17:30 | |
Bitcoin miners breathe easier as hash rate nears record highs
Quick Take The analysis of Bitcoin’s hash rate through the lens of hash ribbons highlights a significant shift in the crypto-mining landscape. These ribbons, a market indicator designed to predict Bitcoin’s bottom when mining becomes too costly compared to the rewards, suggest that the worst phase of miner capitulation has subsided. дальше »
2023-8-16 07:00 | |
Institutional XRP Holdings Rise Rapidly Following Ripple’s Win Over SEC
Now that Ripple has prevailed over the SEC in court, major players are eager to get their hands on XRP. According to recent data, institutions have been getting their hands on the cryptocurrency at a steady rate, as reflected in the digital asset fund flows report. дальше »
2023-8-15 23:00 | |
Base Welcomes Compound as SushiSwap Debut Expected Next
The freshly minted USDbC on Base currently boasts a total collateral amounting to $3. 76 million. The dashboard notes a total borrowings value of $2. 25 million. For lenders on the platform, the annual percentage rate (APR) stands at 1. дальше »
2023-8-15 14:39 | |
Winds Of Change: Bitcoin Miner Riot Sees Substantial Increase In BTC Holdings
Bitcoin mining has been up by a considerable fraction this year, as the blockchain network recorded a new all-time high in hash rate in the second quarter of the year. Mining revenue is also up, as the bitcoin Bitcoin recorded a spike in transaction volume. дальше »
2023-8-14 19:00 | |
Robust Bitcoin growth trend outpaces inflation, data reveal diminishing return concerns
Quick Take The Compound Annual Growth Rate (CAGR) of Bitcoin, a pivotal marker of consistent returns, has been a subject of interest among investors and market analysts alike. Since Aug. 2019, Bitcoin’s CAGR has been estimated at around 25%. дальше »
2023-8-14 12:00 | |
Goldman Foresees Q2 2024 Fed Rate Cut: A Boost For Bitcoin?
In a recent note that has caught the attention of both traditional financial markets and the Bitcoin community, Goldman Sachs economists, including the renowned Jan Hatzius and David Mericle, have made a significant prediction regarding the Federal Reserve’s monetary policy. дальше »
2023-8-14 11:00 | |
Analyzing Ethereum's sharp drop in issuance since the Merge
Since the Merge, ETH has become deflationary with a negative issuance rate. Validators on an average have been issued roughly 1,830 ETH/day since the transition, considerably down from 13,000/dThe post Analyzing Ethereum's sharp drop in issuance since the Merge appeared first on AMBCrypto. дальше »
2023-8-14 10:30 | |
Shiba Inu Steals The Spotlight, Leaving Bitcoin Behind In A Week Of Price Surges
The Shiba Inu (SHIB) coin has exceeded even the top 10 established cryptocurrencies this week, posting a solid 15% increase that has captivated the attention of the cryptocurrency community. The notable ascent in SHIB’s price is closely associated with its current rate of burning, which has witnessed a significant upturn in the last 24 hours. дальше »
2023-8-13 14:51 | |
How Litecoin has growth in strength since 2019 halving
Litecoin's transaction volume and hash rate have spiked over the years. LTC has been bearish since the halving, denying whales the chance to lock in gains. Litecoin [LTC], also popularly rThe post How Litecoin has growth in strength since 2019 halving appeared first on AMBCrypto. дальше »
2023-8-13 06:30 | |
Can Kaspa’s Hash Rate Push KAS Price to $0.20? The Indicators are Promising
Recent data from crypto analysts indicates that the hash rate of Kaspa, a burgeoning cryptocurrency, is experiencing a parabolic surge. This rapid increase in hash rate signifies that more miners are joining the network, enhancing its security and stability. дальше »
2023-8-12 10:04 | |
Bitcoin miner Riot Platforms posts Q2 2023 results, forecasts expansion
Riot Platforms, Inc. reported a significant revenue increase driven by heightened Bitcoin production. The firm has positioned itself for robust financial growth and hash rate expansion. RiotThe post Bitcoin miner Riot Platforms posts Q2 2023 results, forecasts expansion appeared first on AMBCrypto. дальше »
2023-8-10 14:30 | |
Litecoin Hash Rate Steady Despite Dismal Price Action: Will This Change?
One week after the highly anticipated Litecoin halving event on August 2, on-chain data reveals that the network’s hash rate, a key measure of computing power channeled to the network, is steady but erratic. дальше »
2023-8-10 06:00 | |
MakerDAO Debates New EDSR Optimization Plan As MKR Bears Retain Market Control
MakerDAO has been in the headlines recently following a boost in the maximum Dai Savings Rate (DSR) from 3. 19% to 8% on Sunday, August 6. This temporary increment termed the Enhanced Dai Savings Rate (EDSR), was designed to encourage more Dai (Maker’s stablecoin) holders to deposit their tokens on the Maker protocol and earn interest. дальше »
2023-8-10 00:00 | |
MakerDAO DAI supply gains $200M as interest rate surges to 8%
MakerDAO DAI‘s stablecoin supply increased by $200 million after its interest rate increased by 8% for holders depositing into the protocol. On Aug. 6, MakerDAO’s founder Rune Christensen revealed that Dai Savings Rate (DSR) was paying the high yield rate for the stablecoin holders “at no additional risk. дальше »
2023-8-7 18:30 | |
Fed's Rate Hike Cycle Has Peaked, Investment Banks Say
The end of the tightening cycle does not necessarily imply a quick pivot toward zero interest rate policy, meaning animal spirits may not return to the crypto market anytime soon. дальше »
2023-8-7 15:17 | |
Three Drivers of Ether-Bitcoin Prices
The exchange rate between the two most popular cryptocurrencies are driven by three primary factors, including tech stocks. дальше »
2023-8-9 09:00 | |
Bitcoin perpetual futures funding rate soars in August: Here’s what this means
Perpetual futures are a unique type of derivative contract in the cryptocurrency market. Unlike traditional futures contracts, which have a set expiration date, perpetual futures can be held indefinitely. дальше »
2023-8-7 20:00 | |
What Litecoin's decreasing hash rate suggests
Slashing block subsidies impacted miners' profitability. Contrary to the hype, LTC has exhibited bearish price action over the last few days. The Litecoin [LTC] ecosystem recently witnessed The post What Litecoin's decreasing hash rate suggests appeared first on AMBCrypto. дальше »
2023-8-6 04:30 | |
Bitcoin at $29,200 as unemployment rate drops to 3.5%
The jobs and unemployment report for July indicates that the labor market has begun to cool down, in line with the Federal Reserve’s efforts to suppress inflation. Earlier Dow Jones estimates predicted nonfarm payrolls to increase by 200,000, following a rise of 209,000 in June. дальше »
2023-8-5 19:00 | |
Bitcoin Rally After Fed Rate Hike Fades to $29.3K; DigiToads Presale Attracts New Crypto Whales
In the dynamic world of cryptocurrency, market movements are often fueled by a delicate balance of economic indicators and investor sentiment. The price of Bitcoin rallied after the Federal Reserve’s latest rate hike, but it has since faded to $29. дальше »
2023-8-4 16:00 | |
U.S. Added 187K Jobs in July, Missing Estimates for 200K; Bitcoin Slips to $29,100
The unemployment rate TKTK to 3.X% versus estimates for 3.6%. дальше »
2023-8-4 15:37 | |
Worldcoin (WLD) Price Pushes Higher Despite Multiple Concerns Over Its Practices
The Worldcoin (WLD) price is trading inside a bullish pattern. A breakout could accelerate the rate of increase. The post Worldcoin (WLD) Price Pushes Higher Despite Multiple Concerns Over Its Practices appeared first on BeInCrypto. дальше »
2023-8-4 17:30 | |
BTC/GBP and GBP/USD diverge after the BoE rate decision
The Bank of England delivered another interest rate hike. The BTC/GBP and GBP/USD pair diverged after the report. It has formed a bullish flag pattern on the daily chart. The BTC to GBP pair moved sideways after the latest Bank of England (BoE) interest rate decision. дальше »
2023-8-4 14:45 | |
Shiba Inu whale activity plummets despite uptick in burn rate
Shiba Inu (SHIB) witnesses a decline in whale activity as the whale transaction count drops drastically amid consolidation above the $0.000008 mark. The recent decline persists despite a slight uptick in the 24-hour burn rate. Per data provided by the… дальше »
2023-8-3 14:15 | |
Four Factors That Impact Yen-Dollar Exchange Rate
The Bank of Japan's decision to ease its yield curve controls filter through the currency and bond markets. дальше »
2023-8-9 09:00 | |
Abracadabra proposes 200% loan interest rate increase to mitigate CurveDAO risk
Abracadabra Money is considering raising interest rates to mitigate its exposure to CurveDAO's native token, CRV дальше »
2023-8-3 00:46 | |
Abracadabra Protocol To Counter CRV Risk With 200% Interest Rate Hike
DeFi lending protocol, Abracadabra Money, is currently debating a proposal to boost the interest rate in its CRV lending markets as it looks to mitigate its exposure to the DeFi token. In the last few days, CRV has seen its value decline significantly due to the recent Curve Finance exploit on Sunday, which resulted in a total loss of over $60 million. дальше »
2023-8-2 21:00 | |
Litecoin Halving Happening In 4 Hours: Buy Or Sell Signal?
The Litecoin (LTC) halving is now here and the event is currently the most-watched among crypto investors. In addition to the anticipation of the cut in rate of supply, there are also speculations around the digital asset and what the current halving could mean for it. Is It Time To Buy Or Sell LTC? The […] дальше »
2023-8-2 14:52 | |