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  • Staking on Ethereum had its biggest month to date

    From axios.com

    Staking ether in order to secure the second largest blockchain (and earn yield) had its best month ever in May. Why it matters: This result makes it clear that the world wanted to invest more in ether, but the fact that investors couldn't withdraw those investments at will was holding them back. How it works: The Ethereum blockchain's validators have to post ethers (ETH). • Investors can delegate their assets to a validator to do the actual work that earns these returns, but run the risk of the validator screwing up and getting some of their assets slashed (though this seldom happens). Catch up fast: Ethereum ... (full story)

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    A hawkish hold from the Bank of Canada next week

    From think.ing.com|Jun 3, 2023|2 comments

    The Bank of Canada last raised rates on 25 January and have held it at 4.5% ever since. The statement from the last meeting in April commented that global growth had been stronger ...

    Hundreds claim they may have lost winning ticket for $70M Lotto Max prize as deadline looms

    From globalnews.ca|Jun 2, 2023|1 comment

    video Hundreds of people have contacted the Ontario Lottery Gaming Corporation (OLG) to claim they might be the owner of a $70-million Lotto Max prize set to expire later this ...

    Fed Should Consider a Half-Point July Rate Hike If June Is a Skip, Summers Says

    From bnnbloomberg.ca|Jun 2, 2023|4 comments

    The Federal Reserve should be open to raising interest rates by a half percentage point in July if it opts to hold off from tightening credit this month, former Treasury Secretary ...

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    US jobs growth strong but wage growth moderates; global food prices ease again; JPN births slump;...

    From interest.co.nz|Jun 3, 2023

    Not only did the US Congress approve the debt-limit compromise, their labour market showed much more strength than expected in May. At a headline level, the US economy created ...

    ETH Staking Statistics Continue to Signal a Return to $2,000

    From fxempire.com|Jun 3, 2023

    Ethereum (ETH) rose by 2.42% on Friday. Reversing a 0.64% loss from Thursday, ETH ended the day at $1,907. Despite the bullish session, ETH revisited sub-$1,850 for the third ...

    OPEC+ begins meetings that may agree further output cuts - sources

    From investing.com|Jun 3, 2023|2 comments

    OPEC and its allies began two days of meetings on Saturday that may culminate in further production cuts of as much as 1 million barrels per day, OPEC+ sources told Reuters, as ...

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  • Posted: Jun 3, 2023 6:00am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 184
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    Former Ethereum (ETH) miner strikes a billion-dollar deal with Microsoft
    From invezz.com|Jun 2, 2023
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