Bitcoin and Ether prices were little changed in Monday morning trading in Asia. Several of the top 10 non-stablecoin cryptocurrencies took a breather after strong gains over the weekend on the back of signs inflation may have peaked in the U.S., leading investors to bet the Federal Reserve may begin to ease back on increases in interest rates. See related article: Bitcoin price rebounds as U.S. inflation cools Fast facts Bitcoin dipped 0.4% to US$20,882 in the 24 hours to 8 a.m. in Hong Kong… Source link
Read More »Bitcoin, ethereum and solana fall as crypto tokens sink
Bitcoin was trading near two-month lows. Photo: Getty Images Cryptocurrencies were down on Monday morning after bitcoin’s price took a battering over the weekend. Bitcoin (BTC-USD) was down almost 3% at the time of writing, trading at $48,143 (£36,304). That’s almost 30% down from its all-time high of $69,000, which it hit last month. Over the weekend it had fallen to about $42,000. The crypto was trading near two-month lows as a level near $42,000 was last seen in the first few sessions… Source link
Read More »Solana Beach loses booming, Google-backed tech startup Flock Freight to Encinitas
Flock Freight, one of San Diego’s hottest tech startups, is moving its headquarters from Solana Beach to Encinitas, citing unbearably slow action on a permit request that would allow it to expand. The startup is quickly becoming well-known in San Diego County thanks to its recent $113 million venture cap deal led by SoftBank (which manages the largest tech fund on the planet). Flock Freight’s algorithms help companies move products more efficiently, combining small shipments into a… Source link
Read More »