Quick Take A closer look at the question, “When are interest rates returning to normal?” reveals an intriguing aspect of economic dynamics. The Bank of England (BOE) still hovers approximately 50 basis points (bps) from the average interest rate levels since 1970. However, the intervening years have witnessed stark shifts in the economic landscape. According […]
Coinbase-backed Base restores block production after more than 40 minutes outage
Coinbase-backed layer2 network Base suffered a temporary outage that led to a stalled block production on Sept. 5. The blockchain network, however, has “identified and remediated” the issue and assured users that their funds were safe. According to its status page, Base’s stalled block production led to users having problems submitting new transactions on the […]
SHIB and BONE Show Bullish Indicators Putting Sensei Inu (SINU) In a Good Position
The post SHIB and BONE Show Bullish Indicators Putting Sensei Inu (SINU) In a Good Position appeared first on Coinpedia Fintech News It’s an excellent time for meme coin investors. After the launch of Shiba Inu’s Shibarium, the whole meme coin ecosystem is doing great, and experts are pointing out the crucial role that the […]
SOMA Finance Launches Legally Issued Digital Security Token!
The post SOMA Finance Launches Legally Issued Digital Security Token! appeared first on Coinpedia Fintech News SOMA Finance announced its plans to launch the first legally issued and structured digital security, called the SOMA token. The token will offer token utility, including the right to receive a 10% dividend on SOMA profits. The company aims […]
Shandong Aims to Grow Metaverse Industry to $20.5bn by 2025!
The post Shandong Aims to Grow Metaverse Industry to $20.5bn by 2025! appeared first on Coinpedia Fintech News China’s Shandong province has unveiled draft guidelines aimed at boosting the expansion of its metaverse industry, with plans to develop industries to reach a market size of CNY150bn ($20.5bn) by 2025. The government aims to build several […]
Tech Giants Lineup to Invest in Arm as It Eyes Historic IPO
Coinspeaker Tech Giants Lineup to Invest in Arm as It Eyes Historic IPO British semiconductor and software design company Arm Holdings plc recently revealed that multiple technology giants, including Apple Inc (NASDAQ: AAPL), Alphabet Inc (NASDAQ: GOOGL), and Nvidia Corp (NASDAQ: NVDA), are interested in purchasing up to $735 million in its shares as it […]
Solana Token Rises Following Visa USDC Settlement Announcement
Coinspeaker Solana Token Rises Following Visa USDC Settlement Announcement Solana’s SOL token rose on Tuesday following news that Visa will begin expanding its stablecoin services, via USDC, to the Solana blockchain, in collaboration with payment solutions providers Worldpay and Nuvei. The SOL token jumped 6% at one point but later fell to 4.39%, trading at $20.25, […]
Stablecoin USDC Expands to Base and Optimism Networks
Coinspeaker Stablecoin USDC Expands to Base and Optimism Networks Circle’s native stablecoin USDC has recently launched on two Layer-2 networks – Base and Optimism. this launch will allow the Circle account holders to send USDC from their accounts to either of the networks. Coinbase also announced that it has made USDC transfer available to Base. […]
Binance Announces 50K Point Challenge with Exclusive Rewards
Binance is offering a week-long Challenge with 500,000 Binance Points and exclusive rewards. Participants must complete specific missions within the specified Activity Period to earn Challenge attempts, with prizes ranging from 5 to 200 and expiring on the last day of the month. (Read More)
Quadruple witching event approaching – big bitcoin move incoming?
A time when major contract expiries happen simultaneously, the next quadruple witching is due on 15 September. How will bitcoin react? Four times a year what is known as the quadruple witching event takes place, and causes a surge in trading volume as traders balance their portfolios. This can be a signal for a change […]