Crypto News
Bitcoin Dips Slightly Ahead of Federal Reserve Meeting
The digital asset remained relatively stable over 24 hours, mostly trading just below the $82,000 level, as both traditional and crypto markets await tomorrow’s Federal Reserve interest rate announcement. Bitcoin Edges Lower as Investors Await Federal Reserve’s Next Move Bitcoin ( BTC) traded within a tight range of $81,630 to $84,725, dipping slightly by 1.37%Source link
Industrial Tech Giant Siemens Adopts IoT Blockchains From Minima
Siemens, Europe’s largest industrial technology company, is working with distributor ledgers for the internet of things (IoT) builder Minima, to embed blockchains into the German giant’s devices across the automotive, robotics and energy sectors.Minima is working with Siemens Cre8Ventures division, an initiative to accelerate industrial transformation by collaborating with startups in the fields of AI, digital twins, cybersecurity, and more, the companies said in a press release on Tuesday.A gradual evolution of computing capabilities towards the edges of networks has seen a greater need for security and data integrity to be embedded within these edge devices at scale, which is where IoT-level blockchains are usefulIt’s an interesting shift since blockchain technology might have originally been thought of as the antithesis...
CoinDesk 20 Performance Update: Index Drops 3.3% as All Assets Trade Lower
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 2571.75, down 3.3% (-88.79) since 4 p.m. ET on Monday.None of the 20 assets are trading higher.Leaders: APT (-0.2%) and BCH (-0.7%).Laggards: LTC (-5.6%) and FIL (-5.5%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link
Xapo Bank Debuts Bitcoin Loans, Calls Out ‘Predatory’ Crypto Lenders
The private bank’s new service allows customers to access up to $1 million in Bitcoin-backed debt.Source link
Metaplanet Acquires Additional 150 Bitcoin, Total Holdings Reach 3,200
Tokyo Stock Exchange-listed company Metaplanet Inc. has announced the acquisition of an additional 150 BTC as part of its ongoing Bitcoin Treasury operations, bringing its total bitcoin holdings to 3,200. The latest purchase was made at an average price of approximately $83,706 (12,526,226 yen) per bitcoin, totaling approximately $12.53 million (1.879 billion yen). The companySource link