Bitcoin Slips To 3-Month Low, Analysts Divided on Impact of Fed’s Tightening
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On Thursday, the U.S. two-year treasury yield, which mimics short-term interest rate and inflation expectations better than the 10-year yield, rose to a 22-month high of 0.87%. The short-term yield…
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Flare, the Layer 1 blockchain focused on data and interoperability, announced today that Everything Blockchain Inc. (OTC: EBZT) has signed a memorandum of understanding (MOU) to adopt Flare’s institutional-grade XRPFi (XRP DeFi) framework for its digital asset treasury. The move positions EBZT among the first U.S. public companies to deploy…
The future of the crypto market may be dictated by considerable token unlocks planned to start on October 21, 2024. These events will unlock many tokens through prominent projects, including the Guild of Guardians, Moonwell, Ronin, and Yield Guild. Token unlocking can have a potential market effect on liquidity and…
Nobel-prize-winning economist Paul Krugman questioned a blockchain-based inflation measurement’s ‘unbiased’ claim. The platform readings have consistently been lower than those reported in US inflation news, whose monthly occurrence helps the crypto market understand the US Fed’s next move. Krugman questioned the accuracy of Truflation shortly after predicting that US inflation…