news

Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate as Some Expect Fed to Hike Rates by 1% 

As markets prepare for a possible 100 basis point increase in the interest rate from the United States central banks, Bitcoin dropped below $19,000 Wednesday. While the consensus rate of a rate hike remains at 0.75% some think that a 1.00% increase could be possible, given the historically high inflation levels. Ethereum traded slightly above

Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate as Some Expect Fed to Hike Rates by 1%  Read More »

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

Crypto Exchange Kraken Backs Enterprise-Grade Liquid Staking Protocol Read More »

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,

French Banking Giant Launches Bitcoin Fund Services For Asset Managers Read More »

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

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

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

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