First Mover Asia: As the Fed Hikes Rates, Ether, USDC Lending Yield Pays Less Than T-Bills; Bitcoin Rises, Holds Over $19K

First Mover Asia: The average yield one can expect for lending USDC via DeFi protocols is 0.98%; the current one-year Treasury bond is paying 4.08%.

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Home Crypto Mining Spikes in Brazil Amid Record High Unemployment

With rising unemployment rates and rampant economic uncertainty, in the wake of the Covid crisis, a growing number of Brazilians are finding an alternative income source in cryptocurrency mining. GPU rigs have been spotted even in favelas as a relatively small investment can return more than the average salary in Brazil. Pandemic and Uncertainty Turn […]

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Top Cryptocurrency Interest Accounts 2021: Best Rates, Security, and Promos

The world’s best cryptocurrency interest accounts offer anywhere between 10x to up to 64x more APY than average interest-bearing accounts, making a strong case for how the cryptocurrency industry can… The post Top Cryptocurrency Interest Accounts 2021: Best Rates, Security, and Promos appeared first on CoinCentral.

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BTC Futures Funding Rates Stay Low: What This Means

Longs Pay Shorts (Slightly) According to data from blockchain analytics firm Glassnode, the average funding rate for Bitcoin (BTC) perpetual swaps across major cryptocurrency exchanges remains at 0.

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NYT Study: Coinbase Underpaid Female and Black Employees at Much Larger Rates Than Those in the Technology Industry

An analysis performed by the New York Times of internal pay data at cryptocurrency exchange Coinbase unveiled disparities in salaries, showing their women and Black employees were underpaid. Coinbase Underpaid Women and Black Employees, Claims NYT Study According to the report, women employees were paid by Coinbase an average of $13,000, or 8%, which is […] The post NYT Study: Coinbase Underpaid Female and Black Employees at Much Larger Rates Than Those in the Technology Industry appeared first on Bitcoin News.

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Dow Adds 36 Points as U.S. Interest Rates Will Stay Near 0% through 2023, S&P 500 Affected by Major Tech Stock Drop

Coinspeaker Dow Adds 36 Points as U. S. Interest Rates Will Stay Near 0% through 2023, S&P 500 Affected by Major Tech Stock DropThe Dow Jones Industrial Average rose 36. 78 points, or 0.

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Bitcoin fees increase as hash rate hits new high

Average transaction fees and hash rates are surging, even as BTC/USD holds above $11k...

The post Bitcoin fees increase as hash rate hits new high appeared first on Coin Journal.

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S&P Breakout to New Highs Underway as ECB Cuts Rates to Record Low & Restarts QE, BTC & Gold Falls Flat

This Friday the 13th, there is nothing that is spooking investors. This week several market events unfolded that has the S&P 500 and Dow Jones Industrial Average both coming close to touching the record highs.

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Dow Surges After Weak US Data Keeps ‘Easing Cycle’ Dreams Alive

The Dow Jones Industrial Average soared 256. 14 points (0. 95%) on Thursday as weak US manufacturing data prompted stock market bulls to reassess the Federal Reserve’s seemingly-hawkish outlook on interest rates.

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Dow Reverses 150-Point Drop Because Lower Interest Rates are Coming

The Dow and broader U. S. stock market pared most of their losses Tuesday, as investors remained cautiously optimistic that a new era of ultra-loose monetary policy will keep the bull market running indefinitely.

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Dow Goes Berserk as Core Inflation Growth Spikes to 17-Month High

The Dow Jones Industrial Average diverged from the broader U. S. stock market Thursday after consumer inflation posted its biggest monthly gain in almost one-and-a-half years, challenging the narrative that the Federal Reserve needs to cut interest rates aggressively to boost the economy.

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Dow on Steroids: Amped U.S. Stocks Open Sharply as Fed Prepares Rate Cut

By CCN Markets: The Dow and broader U. S. stock market surged on Thursday, as traders doubled down on their bets that the Federal Reserve will lower interest rates following next month’s policy meeting.

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Bitcoin Upgraded To ‘B’ By Weiss Ratings

Weiss Ratings revealed yesterday that it has upgraded Bitcoin from a ‘B-‘ to a ‘B’. However, it still recommends holding out for a price correction before buying. Highest Rated Bitcoin Just Gets Better The, perhaps most respected, independent ratings agency, Weiss rates cryptocurrencies based on four factors, technology, adoption, risk, and reward.

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Dow Bounces Back Because July Rate Cut Odds Ballooned to 89%

By CCN Markets: The Dow and broader U. S. stock market advanced on Thursday, as investors found a silver lining in the recent string of downbeat data releases. By this time next week, markets will have a clearer picture of whether the Federal Reserve will indeed lower interest rates at its end-of-July policy meeting.

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Dow’s Absurd Rally Intensifies as Markets Flip Script on Toxic Data

By CCN: The Dow and broader U. S. stock market extended their relief rally to a fourth day on Thursday after dismal jobs data bolstered expectations that the Federal Reserve will slash interest rates this summer.

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Dow Clambers Higher as Fed Sharpens Knife for Impending Rate Cut

  By CCN: The Dow and broader U. S. stock market extended their winning streaks on Thursday, as Federal Reserve officials began preparations for a high stakes policy meeting later this month.

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Dow Pumps After Fed Capitulation Takes Stock Market Off Life Support

By CCN: The Dow and broader U. S. stock market extended their relief rally on Wednesday, as traders continued to raise bets that the Federal Reserve will cut interest rates following its July policy meeting.

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Dow Pares Brutal Losses, but Thunderous Recession Warnings Fuel Rate Cut Bets

By CCN: The Dow and broader U. S. stock market traded mixed-to-lower on Monday, as plunging technology shares and elevated trade-war risks weighed on investor morale. Market participants are becoming more convinced that the Federal Reserve will begin cutting interest rates as early as this summer to stave off recessionary headwinds.

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Dow Slices Triple-Digit Loss as Deflated Fed Hawks Suffer Brutal Defeat

By CCN: The Dow and broader U. S. stock market pared losses Wednesday after the minutes of the latest Federal Reserve policy meeting seemed to confirm that interest rates will remain on hold for the foreseeable future, thrusting the warnings of Fed hawks to the garbage heap.

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Joe Lubin, Jimmy Song Outline Massive Bet On Future Of Ethereum DApps

At Consensus, New York, the two crypto thought leaders got down to the brass tacks of what they believe the state of Ethereum dApps will be by May 2023, each wagering huge amounts of Ether and bitcoin on daily and monthly average user rates.

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Institutions Are Here: CME Bitcoin Futures Trade Record $1.3 Billion

The Grayscale Bitcoin Investment Trust (GBTC) was trading with an implied Bitcoin price of over $10,000 May 14 as investor interest peaked. GBTC At 30% Bitcoin Price Premium GBTC, which has made 24-hour gains of almost 20 percent, currently trades on the basis of a single bitcoin costing around $10,200 – a full $2300, or almost 30 percent, above average market rates.

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‘Ridiculously Cheap’ Dow Stocks Will Explode in Trump Nirvana: Warren Buffet

By CCN. com: As the Dow edges toward new record highs, Warren Buffett says US stocks have plenty of room to run. But on one condition: that interest rates remain low. It’s a big “if,” but one that US president Donald Trump is desperate to maintain.

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Dow Flails After Fed Defies Trump & Shocks Stock Market

By CCN: The Dow floundered on Thursday as the US stock market struggled to mount a convincing recovery from Wednesday’s triple-digit pullback. Meanwhile, the Federal Reserve continues to flex its independence, with Chair Jerome Powell refusing to bow to President Trump’s presumptuous demand that he cut interest rates.

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Dow Would Go ‘Up Like a Rocket’ with Trump’s Desired Interest Rate Cut

By CCN: If you think the Dow Jones Industrial Average has had a good run, you haven’t seen anything yet. President Trump wants to see interest rates slashed by 1%, which has the potential to unleash further gains in an already historic bull market for stocks.

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After Jaguar, IOTA Adds 14.6 Percent as Participation Expands 4.5X

IOTA prices surge 14. 6 percent Partnership with Jaguar means rewarding drivers in IOTA, boosting adoption Jaguar announcement did stimulate IOTA bulls. At spot rates, IOTA is up 14. 6 percent complete with high volumes, three times the average.

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New Cryptojacking Campaign Infects Asia Using More Profitable Tactics

Cryptojacking — the process of infecting computers with malware to mine cryptocurrency — has declined alongside prices during cryptowinter. But like any dextrous organism facing extinction, the virus and its propagators are adapting.

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Dow Poised to Blast to New All-Time High on ‘Really Strong’ GDP

By CCN: The Dow Jones Industrial Average has slightly dipped over the past four days by around 150 points after the U. S. stock market index neared all-time high levels. The Dow’s pullback closely followed the strong recovery of the U.

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Crypto-Based Transfers Can Cut Remittance Costs in Africa by 90%

Remittances have become a lifeline for many people in Sub-Saharan Africa, but the cost of sending money via banks and money transfer operators remains punitively high. On average, it costs 9.3% (of value transferred) to send the equivalent of $200 to the region, the highest remittance rates anywhere on the planet, according to the new […] The post Crypto-Based Transfers Can Cut Remittance Costs in Africa by 90% appeared first on Bitcoin News.

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Bitcoin [BTC] transaction rates and transaction times may be cheaper and quicker than expected

Bitcoin [BTC], the world’s largest cryptocurrency, has often been criticized for its high transaction rates and transaction times. At press time, the average block size for a transaction block was around 1.

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Crypto Firm BlockFi Trims Interest Rates of Bitcoin Savings Accounts

BlockFi trims payouts for hedge funds and VCs provides a boost for “average crypto investors”. The BlockFi Interest Account (BIA), which launched as a private beta in January, before rolling out to the public at the start of March, has so far been dubbed a “huge success” by the firm.

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Dow, Bitcoin Teeter as Markets Wait for FOMC Bounce

Neither Dow futures nor the bitcoin price showed much conviction ahead of Wednesday’s US stock market open, as Wall Street pined for a dovish FOMC statement on interest rates and crypto traders waited for BTC to make its next major push.

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Dow Futures, Bitcoin Teeter as Markets Wait for FOMC Bounce

Neither Dow futures nor the bitcoin price showed much conviction ahead of Wednesday’s US stock market open, as Wall Street pined for a dovish FOMC statement on interest rates and crypto traders waited for BTC to make its next major push.

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Dow Rockets North on Fed Day while S&P 500 Hits Fresh 5-Month High

The Dow and broader U. S. stock market notched fresh gains on Tuesday, as the Federal Reserve kicked off its two-day policy meeting in Washington. Policymakers are expected to maintain their dovish bias on interest rates as they grapple with a slowing domestic economy and a synchronized downturn globally.

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The Dow Is About to Hit Its Next All Time High, and Then Collapse

The Dow Jones Industrial Average index’s 50-day simple moving average is about to overtake the Dow’s 200-day moving average, which shows the market is heating up as it makes its approach to 2018’s two record highs for the Dow in January and Sept 2018.

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Dow Suffers as Boeing Crisis, Consumer Inflation Pressure Stock Market

The Dow lagged behind its stock market peers on Tuesday as Boeing shares continued to plunge in the wake of another deadly airline crash involving a 737 MAX 8 jetliner. Meanwhile, a weaker than expected reading of the February consumer price index (CPI) suggests the Federal Reserve has plenty of scope to keep interest rates on hold for longer.

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Dow Drops Toward 26,000 as US Housing Slowdown Sparks Recession Fears

The Dow and U. S. stock market traded lower on Tuesday after government data showed housing starts tanked in December, highlighting extensive damage to the real estate sector since interest rates began to rise.

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Using The Blockchain To Crackdown on Healthcare Fraud, One Iris-Scan at a Time

Americans everywhere are feeling the effects of rising healthcare costs, which in many instances have risen at a faster rate than the average income. There are unfortunately many unavoidable reasons for this, including increasing rates of chronic diseases like diabetes that account for the vast majority of care expenses.

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Bitcoin Price Analysis: Samsung Crypto Support Bullish for BTC

Bitcoin Price ranging inside Jan 22 high low A mark of adoption, Samsung S10 supports cryptocurrencies Transactional volumes low and dropping—now stands at 12k on average Investors, as well as traders, are confident.

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Ten Years Later, a Reflection on Bitcoin’s Genesis and Satoshi’s Timing

October 31, 2008, and January 3, 2009. The two dates have cemented themselves with Promethean significance into Bitcoin’s lore. On the October 31, Satoshi Nakamoto published the Bitcoin white paper, a constitution of sorts for his revolutionary monetary system and its intrinsic currency.

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BlockFi Announces Global Expansion of Its Crypto-Backed Loan Services

Galaxy Capital–backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience.

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Blockchain Technology Can Scale to 100 Million Equity Trades per day, DTCC Study Claims

The Depository Trust & Clearing Corporation (DTCC), widely considered to be the apex post-trade market infrastructure, announced on October 16, 2018, a benchmark study which concluded that distributed ledger technology (DLT) can be leveraged to support average daily trading volumes in the U.

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Why 100k Could Be The Limit For Bitcoin?

Earlier this week an article was published which discussed how Bitcoins valuation could be set to 100k at most. As we know, the upper limit for BTC is currently set at $20k, an all time high that has not yet been matched since the cryptocurrency boom of late 2017.

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Ethereum (ETH) Transaction Fees Now Below One Cent

On Oct. 6, Ethereum transactions reached a daily average of 600,000 as network fees and ETH prices decreased. Just last month, the network saw faltering transaction rates and the drop of a yearly-low of 434,000, reported Trustnodes on Oct.

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Mt. Gox’s largest trustee unloads another $230M worth of Bitcoin, and nobody knows why

The Mt. Gox saga keeps dragging on. The now defunct cryptocurrency exchange’s largest trustee, Nobuaki Kobayashi, has sold off another $230 million (26 billion yen) worth of Bitcoin. Kobayahsi – who is known as the “Tokyo Whale” in cryptocurrency circles – has been selling off the cryptocurrency since early March following the 10th creditors meeting, Bloomberg reports.

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Bank Of America Show That Bitcoin Transfers Are 6000 x Cheaper Than Their Own

The Bank of America have released data that shows how Bitcoin transfers equate to around 6000 times cheaper than the traditional transfer of FIAT currencies at the banks own standard rates. Many do argue that Bitcoin transactions carry a ridiculous expense, however with these findings in mind, Bitcoin is still proving to be a far superior alternative to FIAT currencies.

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South Korea: “Kimchi Premium” Causes Digital Assets to Trade at 600 Percent Premium

Throughout this week, many tokens including 0x (ZRX), Ethos (BQX), ICON (ICX), and Aeternity (AE) have been traded in South Korea with 300 to 600 percent premium rates. As of August 1, 2018, Ethos on Bithumb, a major crypto exchange in the local market of South Korea, is being traded at $5.

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New York State Creates a New Set of Electricity Rates for Crypto Miners

A new electricity rate scheme for cryptocurrency miners has been approved by New York state regulators. Now miners will pay more than average consumers. The post New York State Creates a New Set of Electricity Rates for Crypto Miners appeared first on CoinSpeaker.

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