Crypto Markets Stage Rally Amid 75 Basis Point Hike By U.S. Federal Reserve
Crypto markets staged a mini-rally in the past hours as the U.S. Federal Reserve released the 75 Basis Point Hike Crypto Markets: Ethereum, Bitcoin Stage Rally The news of a 75 basis point rise by the US Federal Reserve has boosted cryptocurrency prices. With inflation in the United States surging above 8.6% in May 2022, […]
Cardano, XRP See Institutional Inflows After BTC, ETH Crash
Cardano (ADA) and XRP saw slight institutional inflows after Bitcoin (BTC) and Ethereum (ETH) recorded low prices Bitcoin, ETH Face Institutional Outflows Cardano and XRP saw tiny positive inflows in comparison to Bitcoin and Ethereum’s massive outflows. Coinshares reported negative outflows of $102 million in the previous week, indicating that negative sentiment continues to dominate […]
Bitcoin Halving: How It Works And Why It Is Important
Every time there are 210,000 blocks mined in the Bitcoin network a “Bitcoin halving” takes place (approximately four years). Bitcoin halving is when the rate at which new Bitcoins are added to the system by half. It is part of a larger plan to limit the number of Bitcoins that can be made. This is […]
Digital Assets Investment Products See Inflows Of $100m
Despite crypto prices’ range trading digital asset investment products saw inflows totaling $100 million last week Key Points Digital Asset Investment Products Total $100 Million Despite digital asset fluctuating, inflows into digital asset investment products totaled US$100 million last week. Total assets under management (AuM) now stand at $39.8 billion. The flows were primarily from […]
29 Malls, 13 Hotels In Dubai Now Accept BTC, SHIB Via Binance Pay
Dubai-Based Shopping Mall and Retail Conglomerate Majid Al Futtaim Now Accepts Bitcoin (BTC) SHIB and Ethereum (ETH) through Binance pay Majid Al Futtaim, a Dubai-based shopping mall and retail conglomerate, will now accept Dogecoin (DOGE), Bitcoin (BTC), and Ethereum (ETH) as payment via Binance Pay. BTC, SHIB, ETH Now Accepted By 29 Shopping Malls, 13 […]