Author: e_cash_top

[ad_1] Quick Take Recent financial data suggests a growing concern for the Fed as key inflation indicators show unfavorable trends. The Producer Price Index (PPI) — a prime measure of inflation — exhibited an unexpected increase for the first time in three months. The prices of goods rose by 0.3%, surpassing the forecasted figure of…

[ad_1] The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the Ark 21Shares spot Bitcoin’s (BTC) ETF application. Earlier today, the financial regulator asked for public comments, including written data, views, and arguments, on the Ark’s BTC application within the next three weeks. In the notice, the SEC asked the public to…

[ad_1] Bitcoin (BTC) Startup Lab announced the second edition of its Bitcoin Olympics Hackathon, where innovators stand to win over $100,000. The competition will pit several contestants pitching their ideas for the Bitcoin DeFi and Ordinals movement. It would provide a chance for the next generation of ideas that will transform the Bitcoin economy to…

[ad_1] Quick Take Tracing back to 155 days ago, the financial landscape encountered substantial turbulence with the collapse of Silicon Valley Bank around March 9 and 10, resulting in Bitcoin price plummeting below the $20,000 mark. However, this challenging environment didn’t seem to deter the resolve of long-term Bitcoin holders. Data analysis indicates that the…

[ad_1] The Bitcoin mining industry serves as a critical barometer for market health and direction. Among the various tools employed to analyze this vital sector, hash ribbons stand out for their nuanced insights into the state of Bitcoin miners. Hash Ribbons are a technical indicator that compares two moving averages of Bitcoin’s hash rate: the…

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…

[ad_1] Hut 8 Mining announced that it is prepared to acquire assets from Validus Power Corp. as the latter faces insolvency, according to an Aug. 11 statement. Hut 8 Mining, a North American digital asset mining company, has entered a transaction “support agreement” with Macquarie Equipment Finance Ltd over energy supplier Validus. Previously, Validus supplied…

[ad_1] Quick Take The most recent U.S. Consumer Price Index (CPI) data unveils a clear reacceleration in headline inflation, marking a first in over a year. As per data from SuperMacro, the ‘super-core’ measure – essentially inflation excluding core services and shelter – has edged up to 4% from the previous 3.9%. This swell, although…

[ad_1] A price glitch on Gemini saw the value of Ripple’s XRP rise above $1 on Aug. 10 after the crypto exchange relisted the digital asset, according to data from the exchange. Source: Gemini Numerous cryptocurrency traders on the X social media platform, formerly known as Twitter, independently verified that the XRP token’s value peaked…

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…