Bitcoin (BTC) Rival Ether (ETH) Falters as Staking Demand Weakens – Bloomberg

0

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
Jonathan Ferro drives you through the market moving events from around the world on Bloomberg's The Open. 60 minutes featuring the brightest minds on Wall Street, taking you through the most important hour of the trading day.
The economy and markets are "under surveillance". Bloomberg Surveillance, covering the latest news in finance, economics and investments.
If the only thing you know about sports is who wins and who loses, you are missing the highest stakes action of all. The business owners that power this multibillion dollar industry are changing, and a new era of the business of sports is underway. From media and technology to finance and real estate, leagues and teams across the globe have matured into far more than just back page entertainment. And the decisions they make have huge consequences, not just for the bottom line, but for communities, cities, even entire countries.
India Plans Stricter Local Material Norm for Solar Module Makers
Abu Dhabi Addition of New Exchange-Traded Oil Slips to Next Year
Canada Retail Sales Are Flat, Cementing October Rate Pause
UK’s Long-Term Borrowing Costs Surge to Highest Since 1998
India Hits Back at Canada as Dispute Over Diplomats Escalates
‘Forever Chemical’ Bans Face Hard Truth: Many Can’t Be Replaced
VinFast Inks $1 Billion Share Sale Pact With Yorkville
Nvidia Dip-Buyers Burned by US Chip Battle With China
SoftBank-Backed Paytm Trims Losses While Payment Volumes Surge
Nvidia’s Top Gamer Graphics Card Caught Up in US-China Trade War
Alibaba, Tencent Join $340 Million Funding for AI Startup Zhipu
Prepare For a Wave of US Politicians Using AI in Their Campaigns
TSMC Foresees Long-Awaited Chip Recovery After Outlook Beat
Zimbabwe Calls By-Elections After Opposition Lawmakers Lose Seats
Who are Yemen’s Houthis? Can They Strike Israel?
Amex Customers Kept Their Cards Even After Irksome Delta Changes
How a Vegas Whale, and Many More, Tap Billions Meant for US Housing
Hundreds of Millions Are Going Into Upgrading Top US Ski Resorts
Dove Cameron drops new spiky banger, 'Lethal Woman,' ahead of debut album 'Alchemical: Volume 1'
How to Keep the Treasuries Market Functioning
The US Housing Market Is Now Completely Broken
California Has the Right Idea, Wrong Plan for the Homeless
Risking It All to Actually Understand Risk, on ‘The Businessweek Show’
Lululemon’s Founder Is Racing to Cure the Rare Disease Destroying His Muscles
Inflation Raging at 130% Is Pushing Argentina Down a Radical Path
Sex Trafficking Allegations Shake $134 Million UK Family Office
Ex-Lloyds Manager Seeks £1.2 Million After Win in Racist Slur Case
South Africa’s QGC Secures $1 Billion for Push Into Green Metals
Hurricane Norma to Slam Mexico This Weekend: Weather Watch
Most New York Airbnb Applications Don’t Meet City Requirements
Watch the CityLab Event Livestream With Pete Buttigieg
US Cities Enter Era of Austerity Without Pandemic Aid, Report Says
How Bankman-Fried Allegedly Spent Billions in Customer Funds Before FTX Collapse
Tether’s Frontman Inherits Crypto’s $84 Billion Behemoth
Bitcoin’s Rival Ether Falters in Shadow of Elevated Treasury Yields
A key pillar of demand for Ether, the second-largest digital token, is weakening against a backdrop of elevated Treasury yields.
Crypto investors can earn rewards by pledging Ether tokens to help operate the Ethereum blockchain, a return some cite as a potential prop for the coin. But the staking payout on pledged tokens has fallen to an annualized 3.5%, near the lowest in at least 10 months and well below a recent peak of more than 8%.

source

Leave a Reply

Your email address will not be published. Required fields are marked *