Gold and Silver Markets Shudder, Analysts Say Firm Dollar and Rate Hikes May Drag Precious Metal Markets Lower โ€“ Economics Bitcoin News

Precious metal markets have shuddered during the last few weeks, as goldโ€™s price per ounce nears a six-week low hovering just under $1,700 per unit. Silver crashed through the $18 range slipping to $17.80 per ounce. While both gold and silver dipped between 0.85% to 0.89% against the U.S. dollar in 24 hours, platinum dropped 2.82% and palladium shed 4.18% against the USD during the last day. Despite Scorching Global Inflation, Gold Hasnโ€™t Been a Safe Haven in 2022 While the entire world is suffering from red-hot inflation, many would…

Bitcoin Derivatives Reserve Surges Up, More Volatility Soon?

On-chain data shows the Bitcoin derivatives exchange reserve has surged up recently, a sign that the crypto may face more volatility in the near future. Bitcoin Derivatives Exchange Reserve Observes Uplift Over Last Two Days As pointed out by an analyst in a CryptoQuant post, conditions seem to be brewing up in the BTC market that could lead to higher volatility in the price. The โ€œderivatives exchange reserveโ€ is an indicator that measures the total amount of Bitcoin currently sitting in the wallets of all derivatives exchanges. When the value…

Cryptocurrency Bata Paisa Kamaune Nepali Chahana | How Traders Earn More Money from Crypto?

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Cryptocurrency Bata Paisa Kamaune Nepali Chahana | How Traders Earn More Money from Crypto? Friends yo video ma maile Nepal bata pani Cryptocurrency ma dherai janale income gariraheka chan ra yesto earning bata aauna sakne TAX lai aagami samaya ma Nepal Sarkar le Crypto ko barema Nepal ko Niti Niyam pariwartan garera yesto tax nepal ma collect garna sakcha ra jasle economy lai better banauna sakcha so yesai topic ma maile sampurna janakari diyeko chu so video pura herera bujnuhola. Thanks My…

EU’s MiCA Crypto Law Text Ready Within 6 Weeks, Lead Lawmaker Says

Lawmakers and governments had reached agreement on the main outline of the legislation, which requires crypto asset providers to register with regulators in to offer services across the bloc, on June 30. But in the absence of a final legal text there is still considerable uncertainty on the law’s finer points, such as whether the rules will apply to non-fungible tokens (NFT), which offer proof of ownership of assets such as artworks using distributed ledger technology. Source

Chilliz and EOS Tokens the Best Crypto Performers in August in Bear Market

โ€œIt’s interesting because in a bear market, technically, a lot of the tokenomics changes tend to be what drives one’s price changes that we see a lot more of, versus in the bull market where it’s kind of like any old announcement and people get really excited,โ€ Talati said, referring to the correlation between Cosmosโ€™ tokenomics redesign and its token’s price increase. Source

Celsiusโ€™ Third Bankruptcy Hearing Yields Little in the Way of Customer Relief

Another hearing for the ongoing bankruptcy case is scheduled for Sept. 14, 2022, though the judge also suggested a separate session to hash out the differences may be beneficial. There is also a hearing scheduled for Oct. 6, 2022, to discuss the custody account holders. Both Celsius and the custody account holders will make proposals ahead of that discussion. Original Source BankruptcyCelsiuscustomerHearingReliefYields CryptoX Portal

Ethereum Classic Hashrate Taps Another All-Time High, ETH Hashpower Remains Unchanged โ€“ Bitcoin News

On August 31, 2022, Ethereum Classicโ€™s hashrate reached another all-time high (ATH) this year at block height 15,850,811. Ethereum Classicโ€™s global hashpower surpassed the 40 terahash per second (TH/s) region on Wednesday. Despite the fact that the networkโ€™s hashrate has risen a great deal, Ethereumโ€™s hashrate remains relatively unchanged with just over 1,000 TH/s dedicated to the network. 66 Mining Pools Dedicate More Than 1,000 Terahash to Ethereum, Networkโ€™s Hashrate Remains Steady and Unchanged At the time of writing, Ethereumโ€™s total difficulty is 12374533505752422, and when the total difficulty reaches…

Bitcoin BTC Price Prediction | August Updates | Btc update in hindi | Bitcoin news today | BTC Coin

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Cardano gets listed on Robinhood but ADA bulls are running out of steam, risking 40% drop

ThCardano (ADA) market has witnessed back-to-back pieces of good news since Aug. 31, from its listing on Robinhood, a U.S.-based retail investment platform, toย the release of its firstย lending and borrowing protocol, Aada Finance. Additionally, Cardano developer IOHK stated that they are close to clinching “three critical mass indicators” that would lead to the launch of their long-awaited Vasil hard fork in September. Vasil aims to improve Cardano’s scalabilityย and transaction throughput through pipelining. The upgrade could also improve the decentralized application (DApp) and smart contract capabilities by changing the Plutus script,…

Former CFTC commissioner Jill Sommers joins FTX US Derivatives board

Jill Sommers, who served as a commissioner at the United States Commodity Futures Trading Commission, has joined the board of directors for FTX US Derivatives. In a Thursday announcement, crypto exchange FTX USโ€™ derivatives arm said Sommers had become its latest board member in a move seeming to increase the companyโ€™s regulatory efforts. Sommers served as a CFTC commissioner from 2007 to 2013 under former Presidents Barack Obama and George W. Bush and was the managing director of regulatory affairs for the Chicago Mercantile Exchange. According to Sommers, FTX US…