CryptoNews

Examining the Concept of Flatcoins: Crypto Tools to Battle Inflation – Learning - Insights Bitcoin News

September 12, 2023
With the issue of inflation rising as a real problem for global economies last year, there has been a renewed need for people to seek a way of preserving their purchasing power. Flatcoins, stable currencies that change their value according to the inflation in a determined jurisdiction, have surged as a crypto-based solution for the issue. Flatcoins and Their Proposal The problem of rising…
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CryptoNews

Study: Weekly Digital Asset Investment Outflows Hit $59M; BTC Sees Largest Drop – Market Updates Bitcoin News

September 12, 2023
In the first week of September, an outflow of $59 million worth of digital assets managed by Digital Asset Funds was recorded, the latest Coinshares data has shown. The latest outflow means the value of digital asset investment products under management has dropped by a total of $294 million or 0.9% in the past four weeks. The Coinshares data shows bitcoin (BTC) as the digital asset which had the…
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CryptoNews

Bitcoin, Ethereum Technical Analysis: ETH Below $1,600 Ahead of Key US Economic Releases – Market Updates Bitcoin News

September 12, 2023
Ethereum has started the week below $1,600, as markets appeared to be awaiting the release of several key data points from the United States. After a quiet week, the coming days will see the latest inflation, retail sales, and consumer sentiment figures released. Bitcoin remained lower on Monday. Bitcoin Bitcoin started yet another week trading under the $26,000 level, as traders began to prepare…
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CryptoNews

Crypto Firm Riot Defends Texas Power Strategy After Headlines Claim State ‘Paid’ Miner – Mining Bitcoin News

September 11, 2023
Bitcoin mining company Riot Platforms is defending its participation in Texas’ electricity market programs after recent headlines claimed the state ‘paid’ the miner over $30 million to reduce power in August. Riot Platforms Sets the Record Straight In a statement released Friday, the Nasdaq-listed Riot asserted it earned just $7 million through the Electric Reliability Council of Texas’…
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