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Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year – Bitcoin News

Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year – Bitcoin News

The U.S. central bank’s Federal Open Market Committee (FOMC) convened on Wednesday and raised the federal funds rate by 50 basis points (bps). The 0.5 percentage point rise follows the four consecutive three-quarters of a point increases codified during...

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Citi Says Crypto Market Leverage, Open Interest Are Historically Low

Citi Says Crypto Market Leverage, Open Interest Are Historically Low

“Leverage, volatility and interest have faded as investors battle with declining prices,” analysts led by Joseph Ayoub wrote. “Retail interest has broadly diminished as prices have declined,” and this has “coincided with a more general decline in volatility.” Source...

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Algorand to support bank and insurance guarantees platform in Italy

Algorand to support bank and insurance guarantees platform in Italy

Layer-1 blockchain platform Algorand has been chosen as the public blockchain to support an “innovative digital guarantees platform” to be used in Italy’s banking and insurance markets. The Algorand-supported platform is expected to launch in early 2023. According to...

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The Collapse of FTX — How to Spot Fake Cryptocurrency Exchange Website

The Collapse of FTX — How to Spot Fake Cryptocurrency Exchange Website

Cryptocurrency Exchanges provide a crucial place for buying and selling digital assets. However, many of these exchanges are still unregulated and prone to fraud. Let’s dwell on what are possible methods to spot fake cryptocurrency exchange platforms!!! How to...

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Tenderly introduces TXN simulations on its blockchain gateway for efficient dApp development

Tenderly introduces TXN simulations on its blockchain gateway for efficient dApp development

Tenderly, creators of a blockchain development platform, today announced that it is the first web3 development platform to offer simulations through RPC on its Tenderly Web3 Gateway, the company’s production node as a service. Note, Tenderly already processes more...

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ETH Price to Fall to $922 by December 10, Coincodex Predicts – Markets and Prices Bitcoin News

ETH Price to Fall to $922 by December 10, Coincodex Predicts – Markets and Prices Bitcoin News

The U.S. dollar price of ether, which presently hovers around $1,200, is expected to fall to $922.66 by Dec. 10, a Coincodex prediction chart has shown. Ethereum is nonetheless projected to close the following day trading above $1,000. According...

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