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CUTcoin News (Page 4)

dYdX lays off 35% of staff shortly after major Consensys cuts

The decentralized crypto exchange laid off more than a third of its workforce on the same day Ethereum development firm... Read more

Posted by cointelegraph.com 2 months ago

Consensys Reiterates Commitment to Ethereum Despite 20% Workforce Cut

Consensys, a Web3 software company, is laying off 20% of its workforce due to economic and regulatory challenges. Despite these... Read more

Posted by bitcoin.com 2 months ago

Bitcoin miners cut costs, embrace AI post-halving: CoinShares

Miners including Cormint and TeraWulf are among the lowest-cost producers of Bitcoin, an important advantage amid tightening margins, CoinShares said.... Read more

Posted by cointelegraph.com 2 months ago

As Hong Kong Firms Downsize, Animoca Built a Workspace the Size of 10 Tennis Courts

As law firms and traditional finance companies cut back on office space, Yat Siu's Animoca is taking advantage of the... Read more

Posted by coindesk.com 2 months ago

Bitmain-linked firm Sophgo denies supplying AI chips to Huawei

Chinese chip manufacturer Xiamen Sophgo has denied having any business relationship with Huawei after being cut off by Taiwan Semiconductor... Read more

Posted by cointelegraph.com 2 months ago

How digital bonds could reshape debt markets and cut borrowing costs

Lamine Brahimi discusses how blockchain-based government bonds could revolutionize debt markets, with benefits including lower borrowing costs and efficient settlements.... Read more

Posted by cointelegraph.com 2 months ago

BTC price aims for $68K as US unemployment beat ups Fed rate cut odds

Bitcoin sails higher on US jobless claims, with the BTC price dip to $65,000 swiftly being left behind.... Read more

Posted by cointelegraph.com 2 months ago

Ethereum Could Be Heading for Massive Capitulation As Fed Rate Cut Cycle Rocks ETH: Benjamin Cowen

A widely followed crypto analyst is issuing a warning that Ethereum (ETH) may collapse in value in sync with Fed... Read more

Posted by dailyhodl.com 2 months ago

How DePIN is disrupting Google, Amazon, and Nvidia

This year’s Bitcoin halving and subsequent drops in network activity have once again put pressure on miners’ profit margins. With... Read more

Posted by cryptoslate.com 2 months ago

Japan political party leader promises crypto tax cuts if elected

The tax cut down to 20% is part of Democratic Party for the People leader Yuichiro Tamaki’s broader plan to... Read more

Posted by cointelegraph.com 2 months ago

VanEck cuts Ethereum price forecast to $7,334: What led to this sharp revision?

VanEck, a leading asset management firm, has drastically cut its long-term price forecast for Ethereum (ETH) to $7,333 by 2030,... Read more

Posted by invezz.com 2 months ago

The Fed’s Rate Cut Trajectory Remains Intact, Boosting the Crypto Outlook

Posted by coindesk.com 2 months ago

Bitcoin traders see $70K BTC price as market trims Fed rate cut bets

Bitcoin avoids excess volatility after its trip beyond $68,000, but BTC price analysis warns that sharp moves may be next.... Read more

Posted by cointelegraph.com 2 months ago

JPMorgan Chase, Bank of America Forecast New Rate Cut in November As Fed President Says Soft Landing Likely: Report

Two of the largest banks in the US believe another rate cut from the Federal Reserve is incoming. The Fed... Read more

Posted by dailyhodl.com 2 months ago

$6,470,000,000,000 Crammed Into Money Market Funds As JPMorgan Chase Issues Rate Cut Warning

Investors have now deposited a record $6.47 trillion into money market funds, according to a new report. In the last... Read more

Posted by dailyhodl.com 2 months ago

Over 63,000 BTC were sent to exchanges in last 72 hours — CryptoQuant

The recent 50 basis-point interest rate cut by the US Federal Reserve has had a mixed impact on crypto markets.... Read more

Posted by cointelegraph.com 2 months ago

Uptrend in Bitcoin's Dominance Rate Threatened by Fed Rate Cut Cycle, Crypto Asset Manager Says

Posted by coindesk.com 2 months ago

Coinbase To Stop Supporting Non-Compliant Stablecoins in EU by the End of 2024, Including Possibly USDT: Report

Coinbase reportedly plans to cut support for certain stablecoins in the European Union (EU) by the end of the year.... Read more

Posted by dailyhodl.com 3 months ago

VanEck optimistic on Bitcoin’s momentum in Q4 but wary of Ethereum’s struggles

VanEck remains optimistic about Bitcoin’s outlook heading into the fourth quarter, citing strong macroeconomic support and institutional inflows while expressing concerns... Read more

Posted by cryptoslate.com 3 months ago