Bitcoin bulls aim for $25K price on Friday’s $510M options expiry
BTC price has been gaining momentum as it nears $24,000, and this week's options expiry could help bulls profit $200 million.
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Best monthly gains since October 2021 — 5 things to know in Bitcoin this week
July closed with Bitcoin up almost 17%, but now, analysts are turning to how long the bullish trend can last.
US Personal Consumption Expenditures Tap Record Highs, Stanford Economist Says Fed Should Increase Rates Above 9%
On July 29, the U.S. Bureau of Economic Analysis reported on America’s personal consumption expenditures (PCE) price index for the month of June, and the figure saw the largest 12-month…
Bitcoin struggles to flip $24K to support, but data shows pro traders stacking sats
BTC futures and stablecoin margin data show whales holding steady even as Bitcoin price failed to hold above $24,000.
IMF Predicts Latam to Grow 3% This Year, Despite Facing Economic Deceleration and Rising Inflation
The International Monetary Fund is predicting that Latin America (Latam) will keep growing this year, reaching a growth rate of 3% even with all of the difficulties that the region…
Despite the White House Debate, Critics Insist US Officially in a Recession After 2 Consecutive Quarters of Negative GDP Growth
The U.S. economy has declined for the second-straight quarter as the country’s gross domestic product (GDP) declined by 0.9% in Q2. The Bureau of Economic Analysis’s summary of the U.S.…
Fed Hikes Benchmark Bank Rate by 75 bps, Elizabeth Warren Says Central Bank Could ‘Trigger a Devastating Recession’
On Wednesday, the U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) in order to tame inflation and stabilize the American economy. The recent rate hike…
Bitcoin spikes above $22.2K as Fed votes for 75-basis-point rate hike
No surprises from the Fed as Bitcoin bulls see rewards for late longs with the press conference still to come.
Fed Hikes Interest Rates by Another 75 Basis Points
U.S. interest rates have returned to pre-pandemic levels as the Federal Reserve attempts to tackle soaring inflation rates. Fed Fights Inflation With 0.75% Rates Hike The Federal Reserve has hiked...
Bitcoin heads into FOMC day on 24-hour highs amid concern over $24.3K top
The Fed keeps markets on their toes while Bitcoin price action manages to inch higher prior to the Wall Street open.
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