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Bitcoin Recedes to $27K as Fed's Mester Favors Unabated Tightening

"I don't really see a compelling reason to pause rate hikes," Fed's Master said, validating the recent hawkish repricing of interest rate expectations in the U.S.

Wed May 31, 2023 10:53
First Mover Asia: Nearly $275 Million in Ether Burnt This Month as It Continues Deflationary Trend

Also: Bitcoin and volatility have a tricky relationship. BTC steadies below $28K after dip.

Wed May 31, 2023 04:12
Bitcoin Edges Below $28K as Investors Eye US Debt Ceiling Progress

Investors awaited a House vote on the debt ceiling deal, scheduled for Wednesday.

Wed May 31, 2023 02:38
ProShares’ Bitcoin Futures ETF Increasingly Underperforms BTC This Year: K33 Research

The underperformance stems from hidden costs of rolling futures contracts every month as they expire called the “contango bleed,” exacerbated by this year’s rebound in BTC price.

Tue May 30, 2023 23:39
Web3 Payments Firm Transak Raises $20M

The startup offers on- and off-ramps that could make it easier for new users to interact with Web3 projects.

Tue May 30, 2023 23:39
Texas Bill That Would Limit Miners' Participation in Cost-Saving Grid Programs Stopped in House Committee

The legislation would have capped the industry's participation in demand response programs.

Tue May 30, 2023 22:17


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