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The release of the December CPI report triggered notable reactions across financial markets, especially in the cryptocurrency sector. While headline inflation aligned with expectations, core inflation fell below forecasts on…
The expected volatility after the CPI announcement yesterday indeed reached the crypto markets, but it was in the opposite direction of what many anticipated. Instead of slumping once again as…
The United States Labor Department announced the highly-anticipated CPI and Core CPI data for December, which actually matched the overall expectations. The prices of riskier assets like cryptocurrency headed straight…
Bitcoin’s price has been scaring off a lot of newcomers with choppy movements, which add to the overall uncertainty. Yet, things might not be over for the asset’s bull run,…
Bitcoin’s price actions took a positive turn after the Monday night crash, and the asset tapped a weekly high of just under $98,000 earlier today. The altcoins also posted some…
Italy’s largest banking institution, Intesa Sanpaolo, has reportedly bought Bitcoin worth €1 million. The transaction marks the first direct cryptocurrency purchase by a bank in the country, potentially reshaping its…
The past few days have seen bitcoin (BTC) briefly trade below the $90,000 range, and analysts say the cryptocurrency faces the risk of more volatility in the short term. Although…
Bitcoin’s volatile rollercoaster continued in the past 24 hours as the asset plunged below $90,000 for the first time in months but has jumped by over seven grand since then.…
TL;DR Ripples’s (XRP) price rebounded to $2.53 after recent volatility, with analysts predicting further growth fueled by Donald Trump’s inauguration, SEC leadership changes, and Ripple’s stablecoin launch. Shiba Inu’s TREAT…
Despite the current state of the crypto market, Bitcoin miners are having an even more difficult time producing blocks and running their operations. Bitcoin mining difficulty hit an all-time high,…