News
Equity markets made another leap upwards amid a buildup of expectations of a slight dovish shift in the Fed policy. This was facilitated by the release of the US July CPI, which showed that inflation in July decelerated faster than expected. Core inflation remained unchanged at 5.9% (despite expectations of acceleration), headline inflation slowed down […]
Coinbase’s new institutional-focused staking product won’t be a “near-term phenomenon” while liquid staking is still being worked out. 407 Total views 17 Total shares Institutional staking of crypto assets, including the post-Merge Ethereum, could become a “phenomenon” in the future, but not while their assets still need to be “locked up.” Speaking during a Q2
The U.S. Postal Service said late Thursday it filed a notice with regulators to allow for a “temporary price adjustment” for packages during the holiday season. The adjustment “is similar to ones in past years that help cover extra handling costs to ensure a successful peak season,” USPS said. The peak-season pricing plan was approved […]
While Bitcoin and Ethereum prices may have climbed lately, Bitcoin mining companies have been absolutely pumping. 255 Total views 4 Total shares Crypto mining companies have seen their stock prices increase as much as 120% over the last month, amid rebounding crypto asset prices, higher mining profitability, and sharp increases in BTC production. Crypto mining […]
U.S. stocks closed mostly lower on Thursday as a sharp equity rally that followed cooler inflation data for July took a breather. The Dow Jones Industrial Average DJIA, +0.08% still gained about 27 points, or 0.1%, ending near 33,337, a day after all three major stock indexes posted their highest close since early May, according […]
The Ethereum Merge may be coming sooner than planned, after core developers announced a tentative Merge date of Sept. 15, which will see the blockchain transition to Proof-of-Stake. The Ethereum mainnet Merge date came into view after core developers such as Tim Beiko and Prysmatic Labs co-founder Terence Tsao agreed in an Aug. 11 developer […]