The Bank for International Settlements (BIS) has tested the $XRP Ledger as a public verification layer for economic statistics. With the help of the blockchain, the BIS has created a permanent record that can show whether a published dataset has been altered. Verification problem How can someone who downloads an official statistics file be certain
Investors withdrew $43.7 million from Fidelity’s spot Bitcoin exchange-traded fund [ETF] on 1 September, adding to a wider reversal that was seen across the US market. The Fidelity Bitcoin outflow was notable, but it was not the largest that was seen on the day, BlackRock’s fund accounted for most of the $236.5 million that left
In brief Bitcoin is consolidating near $77,500 after spiking from roughly $64,420 to nearly $80,700 in six trading days last week, the move traders are calling a “Bart Simpson” setup. The four-hour chart’s own indicators show a stalling market, not the violent breakdown a completed Bart Simpson pattern requires. Analysts have flagged $75,800 as the
Payward, the parent company of American crypto exchange Kraken, has delayed its widely anticipated initial public offering until next year, according to two people familiar with the matter. The Wyoming-based company is not planning to go public until the second quarter of 2027 at the earliest, one of the people said, who spoke on condition
The Federal Reserve’s latest Beige Book report revealed that economic activity has generally seen moderate growth since early July, but concerns about energy prices, policy uncertainties, and international conflicts have increased. According to the report, economic activity grew slightly to moderately in 10 of the Fed’s 12 regions, while two regions saw no significant change.
Bitcoin’s nearly 40% rise from its lows in late June has reignited debates about whether a new bull cycle has begun in the cryptocurrency market. Frontier-tech investor Didier and macro hedge fund portfolio manager Griffin Ardern discussed Bitcoin’s recent recovery and how the market might shape up going forward. While the two largely agreed on
Recent developments highlight Solana’s position in blockchain innovation, especially with the launch of a tokenized magazine by Phygitals and rising interest in tokenized AI stocks. These advancements not only enhance Solana’s ecosystem but also engage its community, as observed by various industry commentators. The implications of these innovations could significantly shape the future landscape for
Hedera has launched an innovative AI coding agent that provides live access to its official documentation, including API references and code examples. This tool aims to streamline the development process by giving real-time assistance to programmers without the need for wallet or key access. The announcement, shared by @hedera, signifies a commitment to enhancing the
Summary Bitcoin closed August at $78,571, its strongest August since 2017. Spot ETFs took in a net $2.77 billion over 13 sessions. Crowd sentiment stayed weaker during the rally than in flat July. Price is compressing above the $75,880 Fibonacci floor. Bitcoin price dropped to $77,316 on Tuesday, September 2, down 0.16% on the day
Bitcoin traders are watching their screens this week after Bybit flagged a technical pullback on August 21. The bitcoin price pullback that followed has shaved 3.3% off the token’s value since that warning. Key takeaways Bybit issued a warning on August 21 about a technical pullback in Bitcoin’s price. Bitcoin has dipped 3.3% since that