Auto Added by WPeMatico

Report: Three Arrows Capital Liquidated for Millions, Sources Say Crypto Hedge Fund May Face Insolvency

According to “well-placed sources,” speaking with The Block reporter Frank Chaparro, the digital currency hedge fund known as Three Arrows Capital (3AC) may be facing insolvency after significant liquidations. Sources…

Continue ReadingReport: Three Arrows Capital Liquidated for Millions, Sources Say Crypto Hedge Fund May Face Insolvency

US Inflation Spiked 8.6%, Highest in 40-Years — Economist Says We’re Not ‘Seeing Any Signs That We’re in the Clear’

After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had peaked and it was possible that inflation would subside. However,…

Continue ReadingUS Inflation Spiked 8.6%, Highest in 40-Years — Economist Says We’re Not ‘Seeing Any Signs That We’re in the Clear’

Accuweather Collaborates With API3 in Order to Provide Blockchain-Powered Weather Data

On June 1, the American media company that provides commercial weather forecasts, Accuweather, announced it is tethering weather data to blockchain technology by hosting an API3 Airnode. The company revealed…

Continue ReadingAccuweather Collaborates With API3 in Order to Provide Blockchain-Powered Weather Data

Crypto Fear and Greed Index Shows ‘Extreme Fear’ and Shaky Sentiment Persist

For a few weeks now, bitcoin sentiment stemming from the Crypto Fear and Greed Index (CFGI) has been in the “extreme fear” range. While bitcoin gathered some gains on Monday,…

Continue ReadingCrypto Fear and Greed Index Shows ‘Extreme Fear’ and Shaky Sentiment Persist

Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3

The average Ethereum network fee has dropped to the lowest value recorded in over ten months, after fees hit a low of $2.96 per transaction on Sunday afternoon (ET). The…

Continue ReadingEthereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3

ECB Survey Finds 10% of Eurozone Households Own Crypto Assets

One in every 10 households in six eurozone countries has acquired cryptocurrencies, the European Central Bank (ECB) has found with a new survey. While the richest are most likely to…

Continue ReadingECB Survey Finds 10% of Eurozone Households Own Crypto Assets

Study: Amid Mining Bans, China Still Commands World’s Second-Largest Share of Bitcoin Hashrate

New data stemming from the latest Cambridge Centre for Alternative Finance (CCAF) report on bitcoin mining indicates that China still holds the second position in terms of global hashrate. While…

Continue ReadingStudy: Amid Mining Bans, China Still Commands World’s Second-Largest Share of Bitcoin Hashrate