Ethereum core developers plan to implement a 64-fold increase in the minimum amount of staked Ether (ETH) required to become a validator, from 32 ETH to 2048 ETH. The proposal was made during a June 15 Ethereum core developer consensus meeting by Ethereum Foundation researcher Michael Neuder. The researcher noted that although the current limit of
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Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel and explains complex concepts in layperson’s terms, focusing on the cause and effect of traditional financial events on day-to-day crypto activity. Episode 13 of Cointelegraph’s Macro Markets begins by exploring why the United States Federal Reserve’s
The Ukraine war has revived the transatlantic alliance. But the relationship between the US and its European allies is increasingly lopsided. The US economy is now considerably richer and more dynamic than the EU or Britain — and the gap is growing. That will have an impact well beyond relative living standards. Europe’s dependence on
European equities fell on Monday, dragged down by declines for basic materials stocks, as investors fretted that a slow economic recovery in China would curb demand. Europe’s region-wide Stoxx 600 lost 0.6 per cent, while France’s Cac 40 shed 0.5 per cent and Germany’s Dax fell 0.6 per cent. Trading is expected to be subdued
Western manufacturers will be able to de-risk their operations in China but will find it impossible to cut ties completely with the country, according to the head of one of the US’s largest aerospace and defence companies. Greg Hayes, chief executive of Raytheon, said the company had “several thousand suppliers in China and decoupling . . . is impossible”.
The cost of a two-year fixed-rate mortgage in the UK rose above 6 per cent on Monday and two-year gilt yields rose to their highest level for 15 years, piling more pressure on homeowners and Rishi Sunak’s government. Mortgage costs have been rising sharply over the past week, ahead of an expected increase in interest
The board of Odey Wealth Management has told clients it is “considering several options” for the business as the fallout from sexual misconduct allegations against Crispin Odey spreads through the businesses he founded. While recent attention focused on Odey’s eponymous hedge fund, after key banking partners cut ties, Odey Wealth said in a letter to
Bitcoin (BTC) emerges from a hectic macro week to circle some classic trend lines near $26,000 — what could happen next? After some brutal tests of traders’ resolve over the past seven days, BTC price is still determined to hold familiar ground. Market participants are in “wait and see” mode as a lack of clear
The US and China have made “progress” in stabilising plunging bilateral relations, Xi Jinping declared on Monday as the Chinese president held a long-delayed meeting with US secretary of state Antony Blinken. Xi’s comments represent the strongest signal yet that Beijing is willing to consider a truce in its increasingly acrimonious relationship with Washington. Speaking
Crypto.com, the exchange endorsed by Hollywood actor Matt Damon, deploys internal teams to trade tokens for profit, the latest sign of potential conflicts of interest in the digital assets industry. The Singapore-based group, one of the top-10 crypto marketplaces in the world, operates proprietary trading and market making teams, according to five people with direct
The UK is in the grips of a duty epidemic. The latest victim (willing, it must be said) is energy regulator Ofgem, which will be legally required to focus on reaching net zero emissions as it oversees the UK energy market. And who could object? Decarbonising the economy requires every bit of government, every arms-length
There is an irony in JPMorgan Chase having proved the last straw for Odey Asset Management. Last Monday, the US banking giant agreed to pay up to $290mn to the sex crime survivors of the late Jeffrey Epstein, the billionaire who JPM kept on as a lucrative client despite multiple internal warnings about his behaviour.
When the Chinese Communist party leadership gathered in Beijing for its quinquennial congress last October, the media spotlight was firmly on President Xi Jinping securing a precedent-shattering third term as China’s unchallenged leader. Overlooked by many at the time was the rise of a new group of political leaders in the top echelons of power
Twitter has suspended the account of the popular memecoin-linked artificial intelligence-powered bot “Explain This Bob” after Elon Musk alleged it was a “scam crypto account.” Musk alleged the account was a scam in a tweet on June 18 in areply to the bot, the account was seemingly suspended soon after. This sure looks like a
Ethereum users have been given another way to create nonfungible tokens (NFTs) and other digital assets on the blockchain with the launch of a new protocol. Launched on June 17 the protocol, dubbed “Ethscriptions,” is a nod to the Bitcoin (BTC) Ordinals protocol — where assets are known as “inscriptions.” Ethscriptions was developed by music
This is how to trade options no one to talk about what exactly is a calendar spread. This is just an overview so it’s not going to get in detail about calendar spreads but i just want to give you an overview insight of what a calendar spread is. First of what you’re doing with
Asking prices for UK homes flatlined in the past month as a “disorderly” mortgage market and rising borrowing costs dented confidence in the property sales. New sellers listed their homes for £372,812 on average in the four weeks to June 10, £82 less than in the previous month, representing a marginal fallback after five months
The UK’s first deep geothermal energy project in nearly four decades will start operating on Monday, a scheme that proponents hope will bolster the case for geothermal energy despite its high costs. Reaching almost 5km below the earth’s surface, the geothermal well at the Eden Project in Cornwall will tap into water of temperatures up
Watch the full series to learn how the Zacks Rank works.
Gaming on Macs to suck less Is Apple’s reign as the worst platform for gaming coming to an end? Amidst all the hype about their long-rumored VR/AR headset, slated for release in early 2024 (queueing outside the Apple Store starts in October), it’s not the only signal that Apple might finally be sorting out its
The UK’s Financial Conduct Authority has restricted the movement of cash and assets from Odey Asset Management in a bid to restore order at the hedge fund after its founder Crispin Odey was ousted over allegations of sexual impropriety. The FCA will publish details on Monday of voluntary restrictions agreed with Odey Asset Management, two