Axie Infinity (AXS) aficionado @maxbrand99 used Twitter to show off the peculiar tokenomics of the game. Since June 26, 2022, the SLP token burning rate has rapidly increased. Previously, these campa...
Tag: Rate
Shiba Inu’s Burn Rate Rises 785% as 573 Million SHIB Are Sent to Dead Addresses
According to the Shibburn website, the burn rate of Shiba Inu has spiked significantly over the past 24 hours. As reported by the Shib Burn Twitter handle a few hours ago, a whopping 519,456,549 SHIB ...
Marathon inks new arrangements to achieve 2023 hash rate target
Bitcoin (BTC) miner Marathon Digital Holdings has secured a deal that provides electricity to generate enough power to contribute 23.3 exahashes per second (EH/s) to the Bitcoin network. Marathon reve...
SLP saw a hike in burning rate, but will that really be enough
On 14 July, the leading play-to-earn platform, Axie Infinity, announced the launch of its campaign, “Lunacian Summer.” According to the announcement, the campaign, which will span 50 days, will allow ...
Fed’s Bullard Raises Target for Year-End Funds Rate
Federal Reserve Bank of St. Louis President James Bullard said Friday that unexpectedly high inflation calls for a more aggressive path of short-term interest rate rises this year. Inflation “has come...
140 Million Shiba Inu Burned as Burn Rate Spikes 137%: Report
Yuri Molchan Another substantial chunk of Shiba Inu tokens removed as burn rate jumped up As reported by the burn tracker Shibburn, in the past 24 hours, joint efforts by various burn initiatives have...
Axie Infinity’s SLP Burn Rate Exceeds Minting Rate for First Time Since August 2021
Vladislav Sopov Pseudonymous Axie Infinity enthusiast noticed interesting shift in crucial SLP metric Contents Axie Infinity’s SLP burn/mint ratio becomes negative SLP still 99% down from its AT...
75 or 100 basis points? Lost in market debate over Fed’s next rate hike is ‘how long inflation stays at these levels’
Debate has been simmering over whether Federal Reserve policy makers will raise the fed-funds rate by three-quarters of a percentage point later this month, as they did in June, or step up their infla...
Shiba Inu Announces A Reduction in BONE Minting Rate to Continue ShibaSwap Reward Program
– Advertisement – The team behind meme-based cryptocurrency Shiba Inu has announced that it will be adjusting the minting rate of its reward token BONE. The Shiba Inu team noted in a blog...
Fed Heads Toward 75 Basis-Point Rate Hike With Officials Wary of Bigger Move
(Bloomberg) — Federal Reserve officials are on track to raise interest rates by 75 basis points for the second straight month when they meet later in July, after policy makers pushed back agains...
Bitcoin Funding Rate Turns Highly Positive, Long Squeeze In The Making?
Data shows the Bitcoin funding rate has increased to a relatively high positive value recently, something that could lead to a long squeeze in the market. Bitcoin Funding Rate Becomes Positive As Open...
Torches, the Lending Protocol on KCC Opens TOP Mining with Up to 900% Mining Rate
Singapore, July 15, 2022 – Torches Finance, the decentralized lending protocol, announces the official launch of TOP (Torches Point token) Mining. By participating in the “Supply & Borrow”, users ...
DeFi Coins Outperform Bitcoin, Ether as Traders Pare Bets on Jumbo Fed Rate Hike
While cryptocurrency lending platform Aave’s native coin AAVE was up 15% at $91, decentralized exchange Uniswap’s UNI traded at $7, representing a 13% gain, CoinDesk data shows. Bitcoin (B...
New High Tax Rate On Crypto Miners In Kazakhstan, Here’s Why
Kazakhstan has imposed new tax rules on crypto miners, this new taxation system shall be differentiating the tax rates on crypto mining. It also includes crypto miners that use renewable energy resour...
Stocks finish mixed as investors weigh rate hikes, recession fears
U.S. stocks extended losses Thursday as investors digested earnings and recession talk from Wall Street’s big banks while reeling from shock inflation data that raised the possibility of a 100 b...
US homebuyers are backing out of deals at the highest rate since the start of the pandemic — here’s what that means for real estate
Seller beware: US homebuyers are backing out of deals at the highest rate since the start of the pandemic — here’s what that means for real estate As a well-known inflation-proof asset, real estate ha...
Fed Governor Waller says he’s open to ‘larger’ rate hike this month than in June
Christopher Waller, U.S. President Donald Trump’s nominee for governor of the Federal Reserve, speaks during a Senate Banking Committee confirmation hearing in Washington, D.C., U.S, on Thursday...
Bigger Rate Hikes, Higher Inflation And Ukraine War
Topline JPMorgan, the nation’s largest bank, kicked off second-quarter earnings season on Thursday with worse-than-expected results spurred by the market’s deteriorating conditions, prompt...
Dow Plunges 600 Points After ‘Underwhelming’ JPMorgan, Morgan Stanley Earnings As Investors Fear Even Bigger Rate Hikes
Topline The stock market plunged on Thursday as several big banks kicked off earrings season with disappointing results and warnings about the economy, while investors continue to worry that surging i...
Shock inflation data may push Fed towards historic rate increase: Strategist
Another 40-year high in inflation has may leave no choice for the Federal Reserve but to hike interest rates by a 100 basis points at its July 27 policy meeting, pros are beginning to say. “I th...
Canada goes ‘nuclear’ with supersized 1% interest rate hike — will the Fed follow?
Canada goes ‘nuclear’ with supersized 1% interest rate hike — will the Fed follow? The pressure on Federal Reserve Chair Jerome Powell to strike harder against inflation grew even stronger today as hi...
Is Soaring US Inflation Rate Hurting Bitcoin’s Revival Chances?
Key inflation data in the United States in June was just released by the Bureau of Labor Statistics on Wednesday, highlighting among many things that consumers are paying much more for basic necessiti...
Dow Jones Futures: Market Rally Fall With Fed Ready For ‘Everything’ Rate Hike After Hot Inflation
Dow Jones futures fell modestly overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally saw more losses, but closed off lows as investors tried to weigh the implications o...
What 100 BPS Fed Rate Hike Could Mean For The Crypto Market?
The U.S. Consumer Price Index (CPI) for June jumped to 9.1%, according to data released by the Bureau of Labor Statistics today, July 13. The rise in CPI started a liquidation chain across the crypto ...
Bitcoin Dominance Rate (BTCD) Finds Support at 44%
The Bitcoin Dominance Rate (BTCD) has bounced at an ascending support line, while the daily RSI has generated bullish divergence. Between May and Dec 2021, BTCD created a triple bottom pattern at the ...
Inflation at highest since 1981. How does your personal rate compare?
Grocery shopping in Rosemead, California on April 21, 2022. Frederic J. Brown | Afp | Getty Images Inflation jumped to a new 40-year high in June, the U.S. Bureau of Labor Statistics reported Wednesda...
Here’s How Crypto Marketing is Reacting To the CPI Reports With 9.1% Inflation Rate
The much-awaited US Consumer Price Index statistics are finally released for the month of June 2022. As per the data, The CPI is reported to be at 9.1%. This marks one of the highest inflation rates i...
The CPI Inflation Rate May Hit 9%; Dow Jones Rally Pauses
Inflation may finally be passed its peak, with gas prices pulling back since mid-June. But that won’t show up in tomorrow morning’s June consumer price index data, which is collected throu...
The Hash rate of Bitcoin mining dropped over 25% in the last month
As miners struggle with declining prices everywhere, the hash rate of Bitcoin mining dropped by almost 26% in the previous 30 days. On June 8, the hash rate for Bitcoin reached a peak of 292.02 EH/s, ...
Redfin stock tumbles after it says housing market deals are falling through at the fastest rate in 2 years
Shares of Redfin Corp. RDFN, -10.74% tumbled 9.6% in morning trading Monday, after the online real estate services company said that housing market deals are falling through at the fastest clip in two...
Most Aggressive Bitcoin Withdrawal Rate in History – Reports
Despite the huge drop in crypto asset’s price, bitcoin (BTC) has seen massive withdrawal from crypto exchanges. Bitcoin has seen a massive drop in its price that ended up flagship cryptocurrenci...