Executives of Nasdaq-listed semiconductor firm Silicon Laboratories participated in the round. Original
Bitcoin Miner Cormint Raises $30M Series A to Build Texas Data Center
Tag: Data
BTC, ETH Consolidate Ahead of US Retail Sales Data – Market Updates Bitcoin News
Bitcoin consolidated below a key price floor on Tuesday, as markets were preparing for upcoming U.S. retail sales figures. Following two months of declines, sales in the United States are expected to rebound, as inflation cools off. Ethereum remains above the $1,800 level. Bitcoin Bitcoin (BTC) consolidated in today’s session, as markets were preparing for the release of the latest U.S. retail sales figures. As inflation falls, sales for April are expected to rise by 0.8%, following two consecutive months of declines. Following an earlier high of $27,646.35, BTC/USD slipped…
China’s Economic Data Missed Broad Expectations amid Wobbled Recovery
China’s economic outlook also affected the stocks of some of the top companies in the country. China’s economic recovery has been faced with a lot of strain in its attempt to return back to winning ways as marked by growth, however, recent data points that the economy has continued to miss broad expectations. As reported by CNBC, economic data from Reuters proved that the COVID-19 restrictions that were in place for the better part of last year had more impact than previously envisaged. Per the data, the month of April…
Crypto Mining Data Center Soluna Stock Surges After $14M Investment Deal
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Crypto winter might not be over according to bitcoin data, digitoads attracting capital
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Experts are cautious, predicting that the crypto winter might not be over. Bitcoin traders remain split with most investors considering DigiToads. DigiToads is trending, expanding its social media presence as it continues establishing itself as a community-focused project while riding the meme token wave. Notably, TOADS, DigiToads’ native token, is solid and accumulated by savvy investors in an overly fluctuating and dicey market. There could be a potential for TOADS to outperform even mainstream currencies like…
ETH, BTC Fall to Multi-Week Lows, Following US Inflation Data – Market Updates Bitcoin News
Ethereum fell below $1,800 in today’s session, as markets continued to react to the latest U.S. consumer price index. Inflation in the United States fell to 4.9% in April, less than the 5% sum many had expected. Bitcoin was also lower on the data, falling below $27,000. Bitcoin Bitcoin (BTC) briefly dropped below $27,000 late on Wednesday, as markets reacted to the latest U.S. inflation report. After an earlier high of $28,322.69, BTC/USD slipped to an intraday low of $26,883.67 towards the close of yesterday’s session. This move saw bitcoin…
EU makes progress on plan to share cryptocurrency tax data
The E.U.’s Digital Finance Package proposal, known as DAC8, has recommended that crypto asset service providers report their clients’ transactions to help combat tax-related criminal activities such as tax evasion. This move is part of the E.U.’s effort to tighten regulations on cryptocurrency and bring them in line with traditional financial services. The DAC8 amendment Under the commission’s proposal unveiled in December, companies that have E.U. clients must register in the bloc and report digital assets, including crypto and some non-fungible tokens (NFTs), to tax authorities to tackle tax evasion…
New Rules on Sharing Crypto Tax Data ‘Unanimously Supported’ by EU Ambassadors
Another EU official, who asked not to be named, told CoinDesk that, though there had been a “positive spirit” from ambassadors on the measures, they had not been formally agreed, as some governments have not yet received procedural approval from national parliaments. Source
EU embraces blockchain, launches official platform to transform data management
The European Blockchain Services Infrastructure (EBSI) is launching a publicly accessible blockchain platform in collaboration with Norway and Liechtenstein. The regulated and permissioned blockchain will transform data management with its security and transparency. JUST IN: EU Develops its Own Official Blockchain. Belgium aims to transform EBSI technical project into political projects during its European presidency in 2024, according to a minister. — Crypto Research Group (@CRG_crypto) May 9, 2023 Distributing nodes To promote blockchain adoption across the European Union (EU), the new initiative will see Germany, the largest economy in…
More ethereum holders moving coins to centralized exchanges, on-chain data shows
A crypto trader expects ethereum (ETH) prices to fall or slow down in the days head. This comes after on-chain monitor, LookOnChain, revealed that more ETH holders are moving coins to centralized cryptocurrency exchanges like Binance and Kraken. Ethereum prices consolidate Presently, ETH prices remain in consolidation with reaction points between $1,800 and $2,015 based on the price action of the last two weeks. According to CoinMarketCap, ETH is down 1.8% in the last 24 hours, trading at $1,908 at press time. Due to the past few days’ poor performances,…