August 15, 2022, 10:00AM EDT • 11 min read Quick Take Last month slightly more than $2 billion was allocated across 192 funding deals. Venture funding in dollar amounts for the sector has declined for...
Tag: July
Trading Volume on Exchanges Plunges in July, Wu Blockchain Report Shows
Trading volume for crypto exchanges dropped in July as less number of people used exchange platforms in the month. According to Wu Blockchain report, spot trading volume declined by 1.7% month over mo...
This Platform Burns 4.7 Billion SHIB, Planning to Surpass July Burns in August: Details
Yuri Molchan This SHIB burner has already destroyed more than 4.7 billion meme tokens since last year @shib_superstore Twitter account set up by game maker for smart phones Travis Johnson, who has bec...
Bullish Sentiment Restores in Crypto Derivatives Markets, Surged to $3.12 Trillion in July
Investors in the cryptocurrency ecosystem have increased their exposure to derivatives markets, with trading volume on central exchanges rising to $3.12 trillion in July, up 13% from the previous mont...
Crypto Derivative Trading Volume Rose for First Time in 4 Months as Market Rallied in July
Leverage, not the spot market, fueled a crypto market July rally that restored $240 billion in market capitalization. While leverage boosts returns, it exposes traders to forced liquidations by exchan...
July PPI Declines As Energy Falls, But Fed’s Inflation Challenge Remains
FILE – The sun sets behind an idle pump jack near Karnes City, USA, April 8, 2020. Oil markets have … [+] been fluctuating over fears of lost supplies from Russia because of the war in Ukr...
Inflation Cools in July, but Probably Not Enough to Change the Fed’s Course
Consumer prices held steady in July compared to the month before, as the Consumer Price Index rose 0% during the month, the Bureau of Labor Statistics reported Wednesday. Using July 2021 as a baseline...
Stock Futures Unchanged amid Incoming July Inflation Report
Stock futures remained largely unchanged even as investors await the July inflation report, which could affect September’s hike in interest rates. Stock futures remain relatively unchanged early Wedne...
Biden Slammed for Claiming US Economy Had 0% Inflation in July — One Lawmaker Calls It ‘Sad and Dangerous’ – Economics Bitcoin News
President Joe Biden stated Wednesday that the U.S. economy had zero percent inflation in July following the latest CPI report. “Biden is claiming that we saw zero percent inflation last month. But the...
Grocery prices in July had largest price increase since 1979 — with one food staple rising by 38% on the year
The rise in the cost of living cooled in July, but not for grocery prices. The price of food at home rose 1.3% from June to July, marking a 13.1% increase compared to last year. It was the largest pr...
Travel costs fell in July. Here’s how you can score a good deal
Fluxfactory | E+ | Getty Images Travelers saw prices fall for big-ticket pieces of their vacation budgets in July, offering at least a temporary reprieve after soaring costs earlier this year. Airfare...
SPAC market hits a wall in 2022 as no firms receive issuance in July
Special Purpose Acquisition Companies (SPACs) are on the ropes in 2022 as inflation and regulatory scrutiny is hitting these once market darlings from all sides. Notably, not a single SPAC was issued...
U.S. Inflation Slowed to 8.5% in July, CPI Report Shows; Bitcoin Jumps
“The Fed will be cheered by the news, especially the fact that core inflation was also lower than expected,” said Richard Carter, head of fixed interest research at Quilter Cheviot, a UK-b...
Consumer prices rose 8.5% in July, less than expected as inflation pressures ease a bit
Prices that consumers pay for a variety of goods and services rose 8.5% in July from a year ago, a slowing pace from the previous month due largely to a drop in gasoline prices. On a monthly basis, pr...
Bit Digital mined 111% more bitcoin in July over June
Crypto miner Bit Digital produced 142.5 BTC in July — a 110.8% increase compared with the previous month. The company also mined 0.5 ETH in July, according to an operations update released on Monday. ...
Bitcoin Miners Sold 5,700 BTC During July, New Report Finds
Per a report from Hash Rate Index, Bitcoin miners continued to sell their supply during July. These entities have been negatively impacted by the decline in the price of BTC, and an increase in their ...
Inflation Probably Slowed in July, but Not by Enough to Trigger Crypto Bull Run
The monthly inflation readings have gained prominence this year, because they influence Fed policy and the demand for the dollar, often a countervailing factor in the price of bitcoin. The dollar inde...
Online Prices Decline In July, Ending 25-Month Inflation Streak
Overall e-commerce prices declined on a year-over-year basis in July, the first such decline in 25 … [+] months. getty E-commerce prices declined 1%, on a year-over-year basis, in July, the firs...
GM Outsells Tesla In July As Semiconductors & Clean Tech Outperform
Key News Asian equities were largely higher on light volumes. Japan and Hong Kong were off slightly while India (Moharram), Pakistan (Ashura), and Singapore (National Day) were closed for the holiday....
Game Space sees 400% user growth since the launch of its Steam event in July
Recently, Game Space, the first GameFi as a Service platform in the whole industry opened a Genesis NFT AirDrop event for one billion Steam players. At present, Game Space has joined forces with more ...
Tesla sells 64% less China-made vehicles in July as TSLA remains flat
Tesla (NASDAQ: TSLA) China-made vehicles seem to be grabbing attention yet again, after the numbers on vehicles sold just came out on August 9. In short, the electric vehicle (EV) manufacturer sold 28...
Sphere 3D Bitcoin production remains flat in July amid US customs problems, crypto winter
Carbon-free mining company Sphere 3D‘s July 2022 report showed that it managed to keep up with its usual performance in July even though the 4,000 new mining rigs were held back in the U.S. customs du...
FAO food price index fell sharply in July but the respite may not last
Farmers harvest a wheat field near Melitopol in Ukraine. Wheat, soybean, sugar, and corn futures have fallen from their March highs back to prices seen at the start of 2022. Olga Maltseva | Afp | Gett...
The Ethereum Merge Is the Main Contributor to July Rebound: JPMorgan
After the completion of two testnets ahead of the event – now expected the week of Sept. 19 – that will take the Ethereum blockchain from a proof-of-work system to a proof-of-stake consensus mechanism...
Mining firm Bit Digital grows Ethereum holdings 594% sequentially in July ahead of Merge
New York-based mining firm Bit Digital grew its Ethereum (ETH) holdings by around 594% in July 2022, compared to June, according to its unaudited production update published on August 8. The firm incr...
Over 5.3 Billion SHIB Burned via This Platform Since July; Here Is Impact on Price
Data from the Shibburn Twitter account indicates that more than 5.3 billion SHIB have been burned in different transactions since July. In the past 24 hours, the Shib burn tracker reported over 135,41...
Top Covesting Traders Rocket 2,000% Higher During July 2022
Advertisement     July is often associated with fireworks, especially in the United States, which celebrates its Independence Day during the month. However, July 2022 ...
Hut 8 Mining Corp Generated 330 BTC in July, Becoming one of the Largest BTC Holders
North American publicly traded cryptocurrency mining company Hut 8 Mining Corp has announced its operational update of July. Last month, Hut 8 revealed that it mined 330 Bitcoins at an average rate of...
Stock-market investors wrestle with ‘boomflation’ after hot July jobs report
The worry instead turned to what a rip-roaring labor market and surging costs for everything means for stocks and bond portfolios, particularly if it turns into a mix of higher growth and inflation wi...
Bitcoin Miner Hut 8 Continues Holding BTC Strategy for July Month
Recent crypto market downturn many crypto firms in the industry amidst trembling and beleaguered situations. Mining sector also experienced turbulence and that led many crypto mining firms to face tou...
Argo mined 22.4% more bitcoin in July than in June — and sold 887
Bitcoin miner Argo mined 22.4% more bitcoin in July compared with June. It also sold 887 BTC in July, at an average price of $22,670 per coin. The company used a majority of those revenues to reduce i...
Core Scientific mined 10.4% more bitcoin in July despite power cuts
Core Scientific self-mined 1,221 BTC in July — up by 10.4% compared with June, despite having to curtail power due to extreme temperatures in Texas. Curtailment periods totaled 8,157 megawatt-hours in...