[May 10, 2023 7:28 AM] Bitcoin price may have resumed its bullish momentum, following a cooler than expected April 2023 CPI report. The Consumer Price Index, a key measure of inflation, fell to 4.9% – lower than the expected 5.0%. As a result, crypto prices are climbing…
[May 10, 2023 6:37 AM] The Federal Reserve last week suggested it could pause its long series of rate hikes even as inflation remains well above its 2% target.
[May 10, 2023 6:30 AM] Bitcoin was hovering close to a key price floor near $27,300 on Wednesday, as markets anticipated the upcoming U.S. inflation report. Consumer prices for last month are expected to remain at 5%, which could be seen as justifying the Federal…
[May 10, 2023 6:00 AM] Data shows the Bitcoin funding rates on the cryptocurrency exchange BitMEX have turned quite negative recently. Here’s why this may be bullish. Bitcoin Funding Rates On BitMEX Have Plunged To Deep Red Values As pointed out by an analyst in a…
[May 10, 2023 3:38 AM] Bets are in for how BTC price action will react to the latest CPI print, with data favoring inflation dissipating in the coming months.
[May 10, 2023 2:46 AM] Some argue that crypto assets could be in demand in a high-interest rates/high inflation environment because they could serve as a store of value, however crypto's track record is too short to prove this, S&P said.
[May 10, 2023 1:00 AM] The Bitcoin price has failed to break above the key resistance level of $27,800 since Monday. With today’s release of the US Consumer Price Index (CPI), a directional decision may be imminent: Will Bitcoin climb again towards $30,000 or is a…
[May 9, 2023 8:29 PM] Bitcoin price is consolidating losses below $28,200. BTC could start another decline unless there is a clear move above the $28,500 resistance. Bitcoin is consolidating losses and trading above the $27,000 support. The price is trading below…
[May 9, 2023 7:49 PM] ALSO: SAM Bankman-Fried's motion to dismiss most charges against him raises questions about the reach of the Commodities Exchange Act.
[May 9, 2023 6:00 PM] A whale recently transferred $14.5 million of PEPE to Binance and is now buying TURBO, Lookonchain data on May 9 shows. Pepe coin (PEPE) is a meme token and one of the top-performing assets after rallying by over 10x in recent days pushing its…
[May 9, 2023 5:02 PM] Equities slid. Investors will be watching Wednesday's release of the April Consumer Price Index for clues about the Federal Reserve's next monetary policy decision.
[May 9, 2023 5:00 PM] As Bitcoin became a more mainstream asset, its correlation with the stock market rose which meant it has been impacted by world events to a higher degree than it did before. This is evident with the asset’s reaction to the rising inflation and the…
[May 9, 2023 2:00 PM] Bitcoin (BTC), the largest cryptocurrency in the market, has been trading sideways since experiencing a drop of over 5% on Monday. Despite this decline, Bitcoin has found support at $27,200, preventing further drops that could potentially…
[May 9, 2023 9:30 AM] This week, the Bitcoin community has been abuzz with discussions about the network’s scaling challenges. As the blockchain’s transfer fees continue to surge, the backlog of transactions stuck in the mempool has hit an unprecedented…
[May 9, 2023 8:51 AM] Those already using stablecoins and lightning transactions are not affected, but for many in Africa, higher bitcoin fees are a problem.
[May 9, 2023 7:30 AM] Bitcoin (BTC), the world’s first and largest cryptocurrency, has been associated with several bull runs over the years. One of the most notable uptrends occurred in 2012, and financial analyst and cryptocurrency expert Aditya Siddhartha has…
[May 9, 2023 6:30 AM] Bitcoin has now plunged under the $28,000 level, but the data of an on-chain indicator may suggest that this drop could only be temporary. Bitcoin Short-Term Holder SOPR Has Dropped Just Under The 1 Level As pointed out by an analyst in a…
[May 9, 2023 6:14 AM] Bitcoin, the world’s largest and most well-known cryptocurrency, has had a tumultuous past few days, and according to Mike McGlone, a senior macro strategist at Bloomberg Intelligence, the volatility in the BTC market could very well impact…
[May 9, 2023 4:36 AM] The widening discrepancy between the bitcoin price on Binance's U.S. arm and global counterparts has some observers worried about impending legal action directed at the unit.
[May 9, 2023 3:00 AM] The leading cryptocurrency exchange will allow NFT collectors to purchase tokens on the Bitcoin network directly through their Binance accounts – bypassing the need to create a separate wallet for inscriptions.
[May 9, 2023 1:30 AM] Binance has announced its intention of implementing Lightning Network, a layer 2 Bitcoin scaling protocol, on its platform after experiencing an episode of congestion regarding withdrawals on the Bitcoin network. The exchange had to pause bitcoin…
[May 8, 2023 11:09 PM] Core Scientific has rejected a multi-million-dollar administrative claim from Celsius Network, arguing it’s owed an even higher amount from the crypto lender.
[May 8, 2023 8:37 PM] Bitcoin price is moving lower below $28,000. BTC is approaching the $27,000 support, below which there is a risk of an extended decline to $25,500. Bitcoin is moving lower and trading below the $28,200 pivot level. The price is trading below…
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