Bank of Japan raises interest rates by 25 basis points. Bitcoin tops $77,000
The yen declined and BTC rose after the BOJ hiked rates to the highest level in 31 years. Source:CoinDesk
Zcash miner Fortitude taps former Hut 8 CEO to lead ahead of public listing
Former Hut 8 CEO Jaime Leverton will take the helm at Fortitude as the Zcashfocused miner expands its operations and moves toward a planned public listing.…
Ethereum’s upcoming Glamsterdam upgrade clears rehearsal for a big jump in capacity
The test network raised its limit on work per block toward 200 million gas as developers prepare for a proposed October 6 public test. Source:CoinDesk
Zcash miner Fortitude names former Hut 8 chief Jaime Leverton CEO ahead of Nasdaq deal
Leverton will lead the DCGowned mining company as it pursues a public listing through its proposed merger with HeartSciences. Source:CoinDesk
Zcash gains 20% as Paradigm founder reveals firm made ZEC investment
Zcash rose about 20% in 24 hours as Paradigm cofounder Matt Huang disclosed that the firm invested in ZEC amid a broader crypto market rally.…
Bitcoin treasuries buy just 5.9K BTC in three months as paper losses linger
Bitcoin corporate treasuries remained at an unrealized loss on their holdings as the price fell below $80,000 and fresh capital inflows dwindled.…
Bitcoin faces 2022 parallels as federal reserve resumes rate hikes
Bitcoin’s drawdown mirrors its position before the Fed’s first hike in March 2022, raising questions over whether a relief rally could precede further losses.…
What happens if you never buy a house? What renters are gaining — and giving up
The high cost of buying a home means that many 20 and 30somethings are reevaluating traditional personalfinance advice that assumed homeownership to build…
Deutsche Bank awaits regulatory nod to launch institutional crypto custody solutions
Germany’s largest bank is awaiting regulatory approval to launch institutional custody solutions for Bitcoin, Ether and select stablecoins before expanding…
Bitcoin Coinbase Premium hits monthly low as CLARITY Act vote squeezes US demand
Bitcoin exchange demand on Coinbase declined after the US Senate voted against the CLARITY Act, while traders sent BTC to exchanges at an unrealized loss.…
What Altman, Amodei, Huang and Zuckerberg are saying about the raging AI debate
A product conference at software giant Salesforce turned into the battleground on the new debate on whether there should be a slowdown in artificial…
Crypto longs worth $570 million wiped out as Clarity Act fails
Bullish crypto futures bets worth millions have been liquidated in 24 hours. Bitcoin and ether longs have taken in the most losses. Source:CoinDesk