Features Crypto News by Thebittimes.Com

Built on Camino Network, the first travel industry-focused blockchain, this Web3 travel platform aims to transform how bookings work. Powered by Camino Network, this Web3 booking platform addresses the high fees and the lack of personalization options in the travel industry while also enabling crypto payments. As financial freedom reaches the generation of digital natives — people who grew accustomed to solving their problems by tapping, double tapping or swiping — many industries realize that the only way for growth lies in technological advancements backed by sustainable practices and immersive experiences. This realization triggered a nonstop battle between innovative startups and traditional companies that mostly rely on legacy technology. The taxi industry saw one of the biggest transformations during the 2010s with the introduction of ridesharing. Powered by mobile apps, ridesharing services like Uber became popular due to lower fees and personalized experiences — quickly starti...

The crypto market has reacted little to the U.S. Federal Reserve’s decision to leave interest rates unchanged , even as it hinted at a final hike before year’s end. On Sept. 20, the U.S. Federal Reserve (Fed) Chair Jerome Powell held a Federal Open Market Committee (FOMC) press conference, announcing that current interest rates, ranging between 5.25% and 5.5%, would remain unchanged. “In light of how far we have come in tightening policy, the committee decided at today’s meeting to maintain the target range for the federal funds rate at 5 ¼ to 5 ½ percent and to continue the process of significantly reducing our securities holdings.” Jerome Powell, Federal Reserve Chair However, the Fed hinted at one final hike ranging between 5.5% and 5.75% before the end of 2023 to close the current cycle that would have seen 12 interest rate hikes since March 2022. Powell reiterated the Fed’s goal to bring inflation back down to 2%, adding that its decision would be guided by “ongoing asse...