Author name: Peter

Crypto Exchange Kraken Backs Enterprise-Grade Liquid Staking Protocol

Alluvial, a liquid staking company, announced Tuesday that a group of organizations would collaborate to create the "first enterprise grade multi-chain liquid-staking protocol." Alluvial explained that the protocol would be called the "Liquid Collective" with Kraken as a foundation member. The Liquid Collective aims to promote a multi-Chain Liquid Staking standard Alluvial, a liquid staking […]

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French Banking Giant Launches Bitcoin Fund Services For Asset Managers

Societe Generale stated that its new suite of services for asset managers allows the creation of cryptocurrency funds and bitcoins under European law. Asset managers can now offer bitcoin-linked funds through a French bank giant. These services are for institutions looking to capitalize on the increased demand of BTC and crypto. With its new services,

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Investing in gold IRAs: How investors can avoid getting burned by scams

There will always be people who want to take unfair advantage of others. It’s especially true when it comes to investing, where people are frequently seeking a shortcut to making fast cash. It’s important to choose reputable gold IRA firms and precious metal firms when looking for ways to invest in physical gold. Augusta Precious

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Biggest Movers: XRP Remains Close to 4-Month High, as LTC Rebounds on Wednesday

XRP remained at a close to a 4-month high Wednesday after a recent breakout from a key resistance level. For the second consecutive session, the token was above $0.4000. This is the first time since June. After recent losses, Litecoin prices rebounded and Litecoin edged up. XRP XRP traded close to a 4-month high Wednesday

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World’s Largest ASIC Producer Bitmain Slashes Antminer Bitcoin Mining Rig Prices

Bitmain Technologies is the world's largest producer and exporter of ASIC (application-specific integrated circuit) bitcoin miners. The company has announced that it will offer a discount on Antminer S19 Pro rigs. The machine can produce 100 terahash per seconds (TH/s) and is currently available for $19 per unit or $1,900 each. Antminer mining rigs have

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Federal Reserve Hikes Benchmark Bank Rate by 75bps to Battle Elevated Inflation

On Wednesday afternoon, the U.S. Federal Reserve increased its federal funds rate by three-quarters percent. This follows last week's consumer price index (CPI), which showed that U.S. inflation rose by 8.3% per year. Fed raises Federal Funds Rate by 75bps and anticipates 'Ongoing Increasings' The benchmark bank rate was raised by 75 basis points (bps)

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