In the outgoing week, the main trading theme was high inflation and a possible reaction of central banks to it at the upcoming meetings. Oil gained significantly, while bond yields rose reflecting inflation anxiety. The yield on 10-year treasury bonds, after breakout of the local high of 1.8%, was able to test the level of […]
2021 was a sort of “coming-of-age” for many layer-one (L1) blockchain protocols because the growth of decentralized finance (DeFi) and nonfungible tokens (NFTs) forced users to look for solutions outside of the Ethereum (ETH) network where high fees and network congestion continued to be barriers for many. Protocols like Fantom (FTM), Avalanche (AVAX) and Cosmos […]
Data from BTC.com estimates that the network will continue to grow stronger by attaining another all-time high in the next 12 days, with a network difficulty of 26.70 trillion. 7472 Total views 43 Total shares The Bitcoin (BTC) network has recorded a new all-time high mining difficulty of 26.643 trillion with an average hash rate […]
U.S. Energy Information Administration reported on Thursday that domestic natural-gas supplies fell by 206 billion cubic feet for the week ended Jan. 14. That compared with the average decline of 193 billion cubic feet forecast by analysts polled by S&P Global Platts, which pegged the five-year average supply fall for the period at 167 billion […]
President Joe Biden on Thursday made an effort to walk back a much-criticized comment that he made the prior day about Russian President Vladimir Putin potentially launching a “minor incursion” targeting Ukraine. “If any assembled Russian units move across the Ukrainian border, that is an invasion,” Biden said Thursday ahead of a meeting on infrastructure. […]
The U.S. is averaging more than 2,000 COVID-19 deaths a day, according to a New York Times tracker, as the highly contagious omicron variant keeps cases and hospitalizations close to record levels. U.S. new cases are averaging 735,652 a day, up 21% from two weeks ago, although cases appear to be peaking in northeastern states […]