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Bitcoin Rollercoaster on US Inflation Data, SBF’s Arrest, and MetaMask’s PayPal Collab: This Week’s Recap

The biggest news of the past seven days is undoubtedly the arrest of the former CEO of FTX – Sam Bankman-Fried. This took place on December 13th in the Bahamas…

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Bitcoin and Ether Futures ETFs to Debut on Hong Kong Exchange Tomorrow

Two exchange-traded funds (ETFs) that track US-listed cryptocurrency futures will reportedly debut on the Hong Kong stock exchange this Friday (December 16). The products will have bitcoin and ether as…

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Fed Hikes Rate by 50bps, Sends BTC Below $18K as Crypto Rally Cools Off (Market Watch)

The decision of the US Federal Reserve to hike interest rates by 50 basis points put an end to the most recent crypto rally. Bitcoin’s price tumbled below $18K as…

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Bitcoin Falls Below $18k After Federal Reserves Announces 50bps Rate Hike

Bitcoin saw more volatility on Wednesday following a Federal Open Markets Committee meeting, during which the U.S. central bank agreed to raise its benchmark interest rate by 0.5%. The announcement,…

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Bitcoin Touches $18K on Release of US Inflation Numbers (Market Watch)

The past 24 hours were particularly eventful in the cryptocurrency markets as a storm of news hit from all fronts. In sum, the market reacted positively and topped $900 billion,…

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Investing Retirement Funds in Bitcoin Remains a Good Idea: Senator Lummis

The Republican Senator Cynthia Lummis remains unfazed by the ongoing bear market, saying Americans should feel safe investing their retirement savings in bitcoin. The politician is among the biggest advocates…

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There’s at Least one More Major Market Capitulation: Datadash Explains

Popular Youtuber Nicholas Merten (DataDash) argued that investors have not rushed to “buy the dip” on worries of the inflation numbers, which clocked in lower than the expectations earlier today.…

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Massive Bitcoin Volatility as US Inflation (CPI) Clocks in at 7.1% For November

The United States Bureau of Labor Statistics published the numbers for the Consumer Price Index. This is the most commonly-used metric to gauge inflation in the United States, and it…

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Binance Coin Tumbles 5% Overnight, Bitcoin Tops $17K (Market Watch)

The cryptocurrency market saw hints of recovery during the past 24 hours, which turned out to be particularly eventful. The total capitalization sits at around $880 billion, as BTC tops…

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