Last weekend’s Otherdeed mint briefly sent gas prices on Ethereum skyrocketing, with some paying thousands of dollars to push transactions through.
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Powell Sees No ‘Macroeconomic Implications’ From Bitcoin Price Swings, But ‘Better Regulatory Framework’ Still Needed
The Federal Reserve is closely watching the crypto world—but isn’t worried, according to the central bank’s chairman. Fed Chief Jerome Powell said today at a Senate committee meeting that the bank saw no “macroeconomic implications” […]
Investors Flee Gold and Bitcoin, Pushing Correlation to New 12-Month High
Bitcoin’s correlation with gold has just hit its highest level in the last 12 months this week, as investors have been lured by a strong dollar amid rising interest rates. While Bitcoin has long been […]
Ethereum, Solana Hit Four-Month Lows as Metaverse Tokens Tank
In brief Cryptocurrency prices keep tumbling, with the market down 11% in 24 hours. Bitcoin hit a six-month low, while Ethereum and Solana are at four-month lows. The bleeding hasn’t stopped: following a sizable drop […]