Tag: Ecosystem

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Rocket Lab bets $8 billion on Iridium to become a cash-flow space company

Rocket Lab (Nasdaq: RKLB) has completed the acquisition of Iridium Communications (Nasdaq: IRDM) at the price of $54 per share in a cash-and-stock...

L-BTC resumes trading with reserves covering just 85% of supply

SideSwap reopened its markets on Liquid while the network’s route back to Bitcoin remained closed. The split gives Liquid Bitcoin a market price...

Bitcoin’s ‘Unusual Mix’: Report

Bitcoin’s path higher just got harder in the short term, but the setup further out may be improving, according to a...

Bitcoin Golden Cross Flickers Off as Rate-Hike Bets Firm Up

In brief Bitcoin's daily 50-day EMA dipped back below its 200-day EMA Friday evening as BTC retreated to $77,438, undoing the golden cross that...

Italy’s UniCredit Is Weighting Up Crypto Custody: Report

Italy’s second largest bank is considering expanding into digital asset offerings, including custody, according to reports.  According to a Friday...

Miners chase Zcash as ZEC rally makes it 4X more profitable than Bitcoin

Block-reward miners are pivoting from Bitcoin to Zcash, where the top mining rig now earns around four times more per megawatt-hour than the...

OpenAI Asks Congress Whether an AI Slowdown Would Be Legal

In brief OpenAI has asked lawmakers whether rival AI developers could legally coordinate a slowdown, according to WIRED. Experts say funding and competitive pressures discourage...

XRP Chain Upgrade: This Proposal Could Shift Demand

Market connoisseur Kamilah Stevenson is pushing back...

Bitcoin (BTC) Price: BTC Jumps 3% on CPI Data — But Analyst Says a Dip Is More Likely

TLDR Bitcoin briefly surged past $79,000 after August CPI data came in at 3.4% year-on-year, matching expectations Core CPI rose 0.3% month-on-month, slightly above...

US CPI Data Sparks Risk-Asset Upside as Bitcoin Eyes $80,000 Mark

Bitcoin (BTC) returned to $79,000 on Friday after key US inflation data broadly conformed to expectations.Key points:US core CPI inflation data gained 0.3%...