Crypto update: Bitcoin and Ethereum are stable as market’s focus shifts to US inflation data
Crypto markets have entered a holding pattern, with Bitcoin near $108,164. Traders are awaiting a key US inflation (CPI) report due out on Friday. Hopes are rising for a de-escalation…
Bitcoin hits record high above $120K; US June inflation data awaited
Bitcoin (BTC) surged past $120,000 for the first time, hitting a new all-time high and up 28% year-to-date. The rally follows a 48-hour choppy period that reset short-term overbought indicators.…
Taiwan eyes Bitcoin as hedge against inflation and US Treasury exposure
Lawmaker Ko Ju-Chun suggests adding Bitcoin to national reserves. Taiwan has 423 metric tons of gold in its asset base. New Hampshire in the US passed a law to include…
Market Ignores CPI Inflation Data as Scorching Crypto Rally Continues and Money Pours Into Presales
Cryptocurrencies boomed in recent weeks, especially $BTC which soared above $50,000 for the first time in 2 years, despite the release of a recent C.P.I. (Consumer Price Index) that came…
Cosmos proposal to cap ATOM inflation rate at 10% passed
The Cosmos Hub community has approved a proposal capping ATOM’s maximum inflation rate at 10% Per the proposal, validators can still break even or turn profits at 10% inflation Reducing…
Bitcoin consolidation continues ahead of the US inflation report
Bitcoin forms a possible pennant formation ahead of the US inflation report The disinflationary process in the US is set to continue If the dollar takes a hit, Bitcoin may…
Are BTC mining stocks still a good bet after inflation ticked up in January?
U.S. consumer prices were up a more than expected 6.4% in January. Bitcoin mining stocks still gained near 20% in the week ended Feb 19th. Mike Colonnese reiterated his bullish…
Fantom (FTM) price rebounds ahead of US inflation data
FTM price rose modestly ahead of the upcoming US inflation data. It has also done well as traders wait for the upcoming fUSD stablecoin launch. Fantom (FTM) price made a…
Bitcoin (BTC) Price Slides as Inflation Is Going Up – Here’s Why Crypto New Projects Like Metacade (MCADE) Could Surge
Real-world economic performance undeniably impacts global cryptocurrency markets, with Bitcoin (BTC), the biggest crypto asset by market capitalization, proving an excellent guide to the health of the crypto industry. Recent…
Litecoin price prediction: US inflation, Fed decision
Litecoin price has formed a head and shoulders pattern. The US will publish the latest inflation data on Tuesday. The Fed will deliver its rate decision on Wednesday. Litecoin price…