Why are bitcoin prices reacting to U.S. interest rates?

While inflation figures in the US have been rising month on month to near double digits, the country's Federal Reserve has continued its strategy of tightening monetary policy. The medium-term goal is to stimulate savings and control inflation by gradually raising interest rates, which makes it more expensive to obtain credit. The US monetary authorities …

Why are bitcoin prices reacting to U.S. interest rates? Read More »

What is blockchain? Maybe it's an opportunity to start a business

What is blockchain? In 2008, the subprime mortgage storm, Satoshi Nakamoto put forward Bitcoin, and then the white paper behind the blockchain this decentralized technology, in simple terms is a circle of money and liar's words, you see how to use bitcoin rise and fall so big? What's that got to do with us? It …

What is blockchain? Maybe it's an opportunity to start a business Read More »

Experts discuss "realization of core technology of Metaverse"

On July 28, the third Crossover Salon of science and technology Communication was held. Centering on the theme of "Realization of Core technology in the Metaverse", the salon included three sections: introductory speech, themed discussion and interactive communication. Guests from academia, industry and media were invited to share. Salon spread by science and technology of …

Experts discuss "realization of core technology of Metaverse" Read More »

Blockchain was born to solve the problem of "decentralized collaboration"

As an innovative technology, blockchain is bound to play a positive role as long as it can be used in the right applicable scenarios. At present, according to the incentive mechanism of blockchain, blockchain can be divided into the following two categories: one is "blockchain with Token (Token) as incentive mechanism", the other is "blockchain …

Blockchain was born to solve the problem of "decentralized collaboration" Read More »

In the second quarter, the revenue and profit of Meta declined, and the Metaverse business did not improve

On July 28, Facebook parent Meta released its financial results for the second quarter of 2022, which ended June 30. The company reported second-quarter revenue of $28.822 billion, down 1% from $29.077 billion a year earlier, marking its first quarterly year-over-year revenue decline. Net income fell 36% to $6.687 billion from $10.394 billion a year …

In the second quarter, the revenue and profit of Meta declined, and the Metaverse business did not improve Read More »

Bitcoin and Ethereum prices face rejection at key levels: What's next?

Bitcoin (BTC) could still hit $24,000 After breaking the downward parallel channel, the price of bitcoin surged from the bottom to near $20,000. The Fed's latest rate announcement recently triggered significant bullish momentum, pushing prices higher from the consolidation area around $21,000. Right now, after an 8% rally, the bulls seem exhausted. For now, the …

Bitcoin and Ethereum prices face rejection at key levels: What's next? Read More »

This bitcoin price indicator is zero, bitcoin was $27,000 over the weekend?

With the Fed raising interest rates by 0.75% and the release of the US second-quarter GDP report at -0.9%, the cryptocurrency market has picked up pace. Bitcoin, the world's first cryptocurrency, surged 11% to trade at $23,926, while Ethereum, the second-largest cryptocurrency by market capitalization, was at $1,731 after gaining 15.28% in the past 24 …

This bitcoin price indicator is zero, bitcoin was $27,000 over the weekend? Read More »

Scroll to Top