The Federal Reserve held its benchmark rate at 3.50% to 3.75% on July 29 in a 9-3 vote that showed real division inside the committee: Beth Hammack, Neel Kashkari and Lorie Logan all preferred a quarter-point increase. That was the first time since September 2016 that three policymakers dissented in the same direction. Bitcoin briefly […]
The post Three Fed officials just voted for a rate hike as Bitcoin hangs by a thread on a $62,000 shelf appeared first on CryptoSlate .
Pi Network price is up by 4.71% today, July 30, to trade at $0.082 at the time of writing. PI is among the few gainers in the crypto market today as it outperforms Bitcoin, which is down by 0.74 at the time of writing. The ongoing gains come ahead of the seventh protocol upgrade on
The post Pi Network Price Prediction as PI Outperforms Bitcoin Ahead of Ninth Protocol Upgrade appeared first on CoinGape .
The Nasdaq gained more than 2%, with Microsoft higher by 15% after its cloud unit grew at the fastest pace in four years while it held the line on spending.
Perpetual futures drive much of the price discovery for bitcoin and ether. When traders pointed the same machinery at a private company, they priced the biggest IPO in history more accurately than Wall Street, and then watched the stock walk away from them.
Core Scientific (NASDAQ: CORZ) has paid $41.9 million to terminate a bitcoin miner contract with Block and its Proto unit, underscoring the data center operator’s accelerating retreat from bitcoin mining toward AI infrastructure. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) […]
Price volatility around the Federal Reserve's rate decision cleared positions for roughly 90,000 traders, with unusually equal losses for bulls and bears.
Four analysts agree the Fed's hawkish hold changes the calculus for risk assets, but they split on whether bitcoin's real test is already here or still six weeks away.
The HAWK system isn't deployed anywhere, and Bitcoin doesn't use it. But is sitting in the same quantum race that Bitcoin developers are scrambling to finish.
ETF outflows, softer perpetual buying and stagnant on-chain capital leave long-term holders carrying the immediate support test.
The post Three key demand drivers stall at once, leaving Bitcoin’s $64,000 support to long-term holders appeared first on CryptoSlate .
Bitcoin Magazine
Republican Senator Cynthia Lummis Slams Democrat Lawmakers For Dragging Their Feet Over Clarity Act
The pro-crypto senator is the latest to come out and try to get the bill over the line.
This post Republican Senator Cynthia Lummis Slams Democrat Lawmakers For Dragging Their Feet Over Clarity Act first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
Microsoft reported $90 billion in fiscal fourth quarter revenue on Wednesday, beating analyst estimates of $87.72 billion, as Azure cloud revenue grew 43% and lifted adjusted earnings to $4.74 per share. The print landed while Bitcoin trades roughly 50% below its record high. That gap leaves traders to judge whether an accelerating AI cycle in
The post Microsoft Crushes Q4 as Azure Growth Fuels AI Boom, How Should Traders Position? appeared first on BeInCrypto .
A group of 12 county commissioners voted unanimously to ban mining facilities and data centers in unincorporated areas as it deals with a lawsuit by a digital asset company.
New research outlines a cryptographic approach that could allow Bitcoin and other blockchain wallets to remain compatible with existing addresses in a post-quantum future.
