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Binance Open Interest Soars After CPI Data Release as Bitcoin Hits $100K Briefly

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…

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Bitcoin Price Shoots Up Above $98.5K Following Release of US December CPI Data

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…

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XRP, XLM on the Rise, BTC Price Taps $97K Ahead of CPI Announcement (Market Watch)

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…

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Italy’s Largest Bank Makes History With €1M BTC Purchase: Report

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…

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Bitcoin to Face More Volatility in the Short Term as US Treasury Yields Surge: Bitfinex Alpha

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…

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Bullish Ripple (XRP) Price Predictions, Upcoming Shiba Inu (SHIB) Developments, and More: Bits Recap Jan 14

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…

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