Bitcoin Waits for Guidance From U.S. Inflation Data, Bond Market
The data due at 12:30 UTC (8:30 ET) is expected to show the cost of living in the world's largest economy rose 0.1% month over month in June after remaining…
The data due at 12:30 UTC (8:30 ET) is expected to show the cost of living in the world's largest economy rose 0.1% month over month in June after remaining…
Solana's SOL token has outperformed Ethereum's ETH token this week after New York-based investment management firm VanEck filed an S-1 registration statement for its VanEck Solana Trust. "We believe the…
“The price will likely show no clear direction until Friday’s U.S. PCE announcement, and it could be a make-or-break event for bitcoin,” bitBank said in an email. “If the inflation…
"Investors consider this as a bullish regime shift, as it marks the first decrease in CPI inflation over the last three months," Bitfinex analysts said in a market update. This,…
The consistent slide in inflation in 2023 had most, including the U.S. Federal Reserve, coming into 2024 expecting appreciably easier monetary policy throughout the year. Instead, inflation has actual risen…
Bitcoin fell below $62,000 during the European morning on Tuesday, losing about 1.63% over 24 hours. The CoinDesk 20 Index (CD20), a broad measurement of the digital asset market as…
The dip echoed through multiple asset classes, but bitcoin gradually erased all its losses, and was up over 1% over the past 24 hours, outperforming U.S. equities and gold, both…
To the extent that higher interest rates compete with risk assets for investor dollars, the idea of a lower rate regime might provide a boon to bitcoin. The opposite –…
By Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International (CSE:FNQ). Bitcoin (BTC) closed last week around $25,850, a 0.5% decrease in price from its previous week’s…
On Thursday at 12:30 UTC (8:30 ET), the U.S. Labor Department will release the July Consumer Price Index. Economists surveyed by the Wall Street Journal estimate that the CPI rose…