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The Dencun upgrade on Ethereum reduced transaction costs on Layer 2s. Major Layer 2 chains implementing EIP-4844 experienced a dramatic drop in average transaction fees.
Memecoin degens have raised over $700,000 to put an image on the viral Solana memecoin Dogwifhat on the Las Vegas sphere.
Elon Musk suggested the possibility of purchasing Tesla cars with Dogecoin in the future.Musk’s comments have historically influenced Dogecoin’s value.
MicroStrategy announced a senior notes offering last week, raising $800 million
The market is grappling with the impact of BTC price and hash rate on miner profitability about a month before the bitcoin halving, analyst says
DeFi users seem to suffer from itchy palms ahead of an anticipated run for ether to record highs
SHIB and DOGE might be catching up with the pace of another popular meme coin in the next two years.
- 04:46Data: Australia's Monochrome spot Bitcoin ETF holds 206 BTCAccording to official news, the Australian Monochrome spot Bitcoin ETF (IBTC) held 206 BTC as of November 13.
- 04:26Fed's mouthpiece: Inflation remains firm, but not enough to disrupt the Fed's December rate cut planFederal Reserve mouthpiece and renowned Wall Street Journal reporter Nick Timiraos recently wrote that consumer prices in October slightly rebounded after recording the slowest growth rate in three and a half years last month, indicating that inflation continues to decline on an uneven and rugged path. The latest report may not be enough to prevent the Federal Reserve from cutting interest rates again in December. However, with robust consumer spending and stable hiring, stronger inflation could spark a larger debate at officials' next meeting - discussing whether to slow down the pace of rate cuts early next year.
- 04:24Former US Treasury Secretary warns: If Trump fulfills his promise, it will trigger an "inflation crisis" unseen for decadesFormer US Treasury Secretary Summers stated that if President-elect Trump truly fulfills his promises, the United States will once again experience a severe inflation crisis. Summers pointed out that Trump's promised domestic tax cuts, increased tariffs, and expulsion of illegal immigrants will have a serious impact on the US economy. "If he insists on implementing the plans he promised during the campaign, then this country will suffer an inflation crisis greater than that of 2021."