Gold and Silver Markets Shudder, Analysts Say Firm Dollar and Rate Hikes May Drag Precious Metal Markets Lower
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Gold and Silver Markets Shudder, Analysts Say Firm Dollar and Rate Hikes May Drag Precious Metal Markets Lower – Economics Bitcoin News

Precious metal markets have shuddered during the last few weeks, as gold’s price per ounce nears a six-week low hovering just under $1,700 per unit. Silver crashed through the $18 range slipping to $17.80 per ounce. While both gold and silver dipped between 0.85% to 0.89% against the U.S. dollar in 24 hours, platinum dropped 2.82% and palladium shed 4.18%…

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Mt. Gox Repayment Coming in 'Due Course' as Bitcoin Dump Fears Spook Market
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Mt. Gox Repayment Coming in ‘Due Course’ as Bitcoin Dump Fears Spook Market

Mt. Gox, a popular Bitcoin exchange that was forced to shutdown eight years ago after a crippling hack, has announced it will start repaying former users in “due course.”  According to a Wednesday notice to creditors released by Mt. Gox trustee Nobuaki Kobayashi, former Mt. Gox customers have until September 15 to make or transfer a claim.  The defunct crypto…

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Ethereum Classic Hashrate Taps Another All-Time High, ETH Hashpower Remains Unchanged – Bitcoin News
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Ethereum Classic Hashrate Taps Another All-Time High, ETH Hashpower Remains Unchanged – Bitcoin News

On August 31, 2022, Ethereum Classic’s hashrate reached another all-time high (ATH) this year at block height 15,850,811. Ethereum Classic’s global hashpower surpassed the 40 terahash per second (TH/s) region on Wednesday. Despite the fact that the network’s hashrate has risen a great deal, Ethereum’s hashrate remains relatively unchanged with just over 1,000 TH/s dedicated to the network. 66 Mining…

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Former CFTC commissioner Jill Sommers joins FTX US Derivatives board
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Former CFTC commissioner Jill Sommers joins FTX US Derivatives board

Jill Sommers, who served as a commissioner at the United States Commodity Futures Trading Commission, has joined the board of directors for FTX US Derivatives. In a Thursday announcement, crypto exchange FTX US’ derivatives arm said Sommers had become its latest board member in a move seeming to increase the company’s regulatory efforts. Sommers served as a CFTC commissioner from…

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Cardano gets listed on Robinhood but ADA bulls are running out of steam, risking 40% drop
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Cardano gets listed on Robinhood but ADA bulls are running out of steam, risking 40% drop

Cardano (ADA) market has witnessed back-to-back pieces of good news since Aug. 31, from its listing on Robinhood, a U.S.-based retail investment platform, to the release of its first lending and borrowing protocol, Aada Finance. Additionally, Cardano developer IOHK stated that they are close to clinching “three critical mass indicators” that would lead to the launch of their long-awaited Vasil hard fork…

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SOL Slips Towards Multi-Month Low, as LTC Surges on Thursday – Market Updates Bitcoin News
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SOL Slips Towards Multi-Month Low, as LTC Surges on Thursday – Market Updates Bitcoin News

Solana was back in the red on Thursday, as the token fell towards a three-month low in today’s session. The decline comes as cryptocurrency markets fell lower, trading down by as much as 2.39% as of writing. Litecoin was a notable exception, climbing for a second successive session. Solana (SOL) Solana (SOL) was down by over 5% during Thursday’s session,…

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Yield App Unveils Higher Yield Passive Income Product – Press release Bitcoin News
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Yield App Unveils Higher Yield Passive Income Product – Press release Bitcoin News

press release PRESS RELEASE. Yield App, a global FinTech company and digital wealth platform which has attracted more than 80,000 customers since its launch in February 2021, is enhancing its product suite with a new higher-yielding crypto passive income alternative. The new crypto passive income product suite has been named Earn+ and comprises stablecoin and Ether portfolios with a 30-day…

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