2023-10-13 00:40 |
The stock market declined on Oct. 12 as the US BLS released new data showing prices rose faster than expected.
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The US headline CPI came in largely as expected, causing Bitcoin to dip and the dollar index to rise, as economists predict a worst-case scenario of one more Fed rate hike. The post Why New CPI Inflation Data Is Bullish for US Dollar and Bearish for S&P 500 and Bitcoin appeared first on BeInCrypto.
2023-10-13 18:15 | |
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While bitcoin is currently in a consolidation period, an analysis of past cycles suggests that gains can be expected after 2024’s halving event, one data firm said.
2023-9-25 10:40 | |
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Seven expert witnesses expected to testify on behalf of former FTX CEO Sam Bankman-Fried have been rejected, according to a ruling dated Sept. 21. Bankman-Fried’s list of now-excluded witnesses featured experts in multiple areas, including consultant Thomas Bishop, data analyst Brian Kim, law professor Bradley Smith, British barrister Lawrence Akka, consultant Joseph Pimbley, financial consultant […] The post Court rejects testimony from seven expert witnesses put forward by Sam Bankman-Fried appeared first on CryptoSlate.
2023-9-22 02:00 | |
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Ethereum’s Holesky testnet experienced an error that will require another launch attempt, community members and developers said on Sept. 15. Ethereum researcher Diederik Loerakker, aka protolambda, wrote that one developer entered certain data in the wrong part of the network’s genesis files.
2023-9-17 02:00 | |
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The global crypto market cap is rising despite the US Consumer Price Index (CPI) coming higher than expected and FTX’s liquidation approval. According to a report by CNN, data from the US Bureau of Labor Statistics shows the CPI, used…
2023-9-14 11:45 | |
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The U.S. government on Wednesday morning will release its latest official inflation data.
2023-9-13 16:11 | |
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The magnitude of the expected halving-led uptrend in bitcoin is likely contingent on major central banks boosting their year-on-year M2 money supply growth rates, past data show.
2023-9-9 15:43 | |
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A flurry of macro and crypto-specific factors is expected to impact this week’s $1.9 billion Bitcoin options expiry.
2023-8-25 23:37 | |
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Shiba Inu has continued its rise recently as data shows the social volume of the cryptocurrency has also registered a sharp growth. Shiba Inu Social Volume Has Risen 65% In The Past Week Shiba Inu has enjoyed an uptrend recently as the much-anticipated Shibarium upgrade of the memecoin is expected to drop later this month. […]
2023-8-12 00:00 | |
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Quick Take The recent U. S. Consumer Price Index (CPI) data reveals a stronger inflationary trend than the previous month. Headline inflation has risen to 3. 2% from 3% in June, lower than expected, with forecasts coming in at 3.
2023-8-10 15:33 | |
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The US published weak jobs and inflation data this month. The Fed could now hike rates less times than expected. A dovish tone could be a good thing for Chancer and other cryptocurrencies. American stocks jumped to a multi-month high while the US dollar index slipped to the lowest level since April 2022 on Thursday.
2023-7-13 07:12 | |
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Quick Take U. S. Headline inflation, year-over-year, has come in at 3. 0%, slightly lower than the 3. 1% expected. The prior figure was 4. 0% indicating a 1% drop from the new data and, thus, marking the lowest level in 2 years.
2023-7-12 15:34 | |
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Tether, the leading stablecoin provider, today issued an additional 1 billion USDT on the TRON network. This mammoth issuance is expected to significantly alter the stablecoin landscape. Data from Coingecko reveals that in the past 90 days, USDT’s market value has soared by $2.
2023-7-12 11:14 | |
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Data from Token Unlocks shows that more Aptos, ApeCoin, and Optimism tokens will be released on various dates in July. The unlocking of APT, OP, and APE could significantly impact their valuation, possibly forcing prices lower considering the dilution expected.
2023-7-4 04:00 | |
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As additional miners join the Bitcoin network and existing miners continue to deploy new mining rigs, the difficulty of mining BTC is expected to reach a new all-time high within the month. According to data from Coinwarz, a Bitcoin mining monitoring platform, it looks like there’s likely to be another surge in mining difficulty in […]
2023-6-20 01:00 | |
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US CPI data expected to be released later today, this analyst believes it is likely to hurt Bitcoin
2023-6-13 15:47 | |
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Quick Take The U. S. unemployment rate broke the expected 3. 5%, coming in at 3. 7%. May nonfarm payrolls were projected at 190,000, but instead came in at +339,000. The data above shows a robust and resilient job market.
2023-6-2 15:48 | |
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Quick Take Eurozone data continues to emerge today, with key economic indicators maintaining their trends. Euro area unemployment was at 6. 5% in April 2023, a historically low. Europe’s Core CPI (YOY) eased more than expected but stayed elevated at 5.
2023-6-1 13:31 | |
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Unemployment and productivity data arrived stronger than expected but investors seemed focused narrowly on the ongoing negotiations that will determine if the U.S. government has to default on its debts.
2023-5-26 23:56 | |
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Spurred by better-than-expected U. S. Consumer Price Index (CPI) data, Bitcoin saw a 1. 6% increase in the 13:30 (BST) 30-minute candle to close at $28,197. The move was accompanied by high volume to break a four-day slide for the leading cryptocurrency.
2023-5-10 18:05 | |
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Bitcoin held steady following a near miss on expected jobs added. On the release of employment data, the leading cryptocurrency recorded a 0. 5% swing in the 13:30 (BST) 15-minute candle, topping out at $27,980.
2023-4-7 15:54 | |
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Ethereum could face more pressure than initially expected
2023-4-5 11:58 | |
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Quick Take United States February Core PCE Price Index (MoM): 0.3%, [Est. The post PCE data comes in slightly lower than expected; Bitcoin holds firm at $28K appeared first on CryptoSlate.
2023-3-31 15:44 | |
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Investors are unwilling to add long positions, as the Shanghai fork is expected to unlock a significant amount of ETH over a short period.
2023-3-8 00:00 | |
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The crypto industry has yet to exit a period of heightened volatility as asset outflows remain the dominant market trend. The post Stronger than expected macro data pushes US investors to short Bitcoin appeared first on CryptoSlate.
2023-2-27 17:50 | |
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Quick Take Bitcoin is down -3. 31% on February 24 due to a hotter than expected PCE data. Traditional assets are also down on the day, which includes SPX (-0. 22%), XAUUSD (-0. 75%), and Nasdaq (-20%).
2023-2-25 19:31 | |
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Quick Take February 24 saw an influx of macro data, which includes the PCE index, personal income, and consumer spending. The post Bitcoin holds just under $24k – DXY breaks 105 for the second time this year as PCE comes in hotter than expected appeared first on CryptoSlate.
2023-2-25 16:42 | |
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The initial Decentralized Infura marketplace, which is currently in development, is expected to include up to 10 Web3 data providers.
2023-2-7 23:00 | |
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The initial “Dfura” marketplace, which is currently in development, is expected to include up to 10 Web3 data providers.
2023-2-7 23:00 | |
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BNB Chain announced the release of the Greenfield whitepaper on Wednesday, 1 February 2023. The new blockchain will provide the infrastructure for a decentralised data economy, powered by BNB. Developers are working on a testnet expected over the next few months.
2023-2-2 21:04 | |
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Wednesday morning's ADP jobs and ISM manufacturing reports both came in weaker than expected.
2023-2-2 18:29 | |
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Data analyzed by CryptoSlate suggests the strong correlation between Bitcoin and gold could mark the start of a price run-up, depending on whether the Fed’s hiking schedule is done by March.
2023-1-31 23:06 | |
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Shiba Inu is not as easy to break as market expected
2023-1-29 12:36 | |
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Key Takeaways Bitcoin is back in the 20s, Ethereum has crossed $1,500 and altcoins are powering north in what is the biggest crypto rally in 9 month Optimism that Federal Reserve will pivot off high interest policy sooner than expected, following cooler inflation data Next big day for crypto markets is February 1st, when the […] The post Crypto prices surge via strongest rally in 9 months, but why? appeared first on CoinJournal.
2023-1-17 14:15 | |
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On the morning of 12 January, the markets patiently awaited U.S. CPI data for the month of December. Investors, across the board, expected inflation to go south of 7% - Well, for the very first time sThe post I asked ChatGPT Bitcoin's price prediction and it gave me a wonderful answer appeared first on AMBCrypto.
2023-1-13 00:00 | |
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On the morning of 12 January, the markets patiently awaited U.S. CPI data for the month of December. Investors, across the board, expected inflation to go south of 7% - Well, for the very first time sThe post I asked ChatGPT Bitcoin's price prediction and it gave me an accurate answer appeared first on AMBCrypto.
2023-1-13 00:00 | |
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The total crypto market capitalization rose from $797 billion on Jan. 1 to around $859 billion nine days later, and is roughly $857 billion at the time of writing, per CoinMarketCap data. While the top 15 cryptocurrencies were moving in…
2023-1-11 16:29 | |
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While the Bitcoin halving is not expected until March 13, 2024, according to Coinwarz data, Litecoin investors can already look forward to the traditionally bullish event as soon as this year. According to NiceHash’s estimate, the Litecoin halving will take place in 189 days, on July 19, 2023.
2023-1-12 13:30 | |
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The Bitcoin price could see a significant uptick today Friday, December 23 at 8:30 am (EST) if the Core Personal Consumption Expenditures Price Index (PCE) comes in better than expected. And the chances are high! Bitcoin price has been heavily dependent on macro data and the decisions of the U.
2022-12-23 13:11 | |
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The first of two key events in a historic week for Bitcoin and financial markets worldwide is in the books. While the CPI release was today at 8:30 ET, the last FOMC meeting of the year is scheduled to take place tomorrow featuring a new dot plot.
2022-12-14 16:51 | |
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Bitcoin has taken 10% back in a dramatic move following the announcement of October CPI data. CPI came in below expectations, causing a melt up in risk assets including cryptocurrencies. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): November 10, 2022 Before suggesting any type of bottom is in, more downside could still be ahead, with this recent movement being nothing more than a bearish retest.
2022-11-11 21:42 | |
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The Consumer Price Index inflation data arrived higher than expected, and markets responded in roller-coaster fashion before settling down. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.
2022-10-14 00:28 | |
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The iOS version of the app is expected to be launched soon.
2022-10-7 10:21 | |
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Bitcoin lost almost 71% of its all-time high price of $69,044 hit in November last year, and trading at $20,100 as of this writing, according to data from CoinGecko. Here’s a quick glance at Bitcoin’s hashrate: BTC hashrate’s new all-time high is 158 exahash per second Hashrate this year is not expected to surpass 260 […]
2022-10-5 14:22 | |
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Bitcoin’s (BTC) mining difficulty will reach a new all-time high by 8:21 PM GMT on September 13, as Glassnode data analyzed by CryptoSlate predicts a 3. 5% increase within the next few hours.
2022-9-14 22:15 | |
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In this episode of NewsBTC’s daily technical analysis videos, we take a look at Bitcoin price action following today’s selloff in reaction to August CPI numbers. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): September 13, 2022 Today just so happened to be August CPI numbers release day, so volatility was expected all around.
2022-9-14 20:05 | |
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Bitcoin dominates the digital assets markets, being the firstborn crypto and the most publicised. It accounts for over 40% of the global cryptocurrency market capitalisation. While Bitcoin trade volumes are expected to outpace those of other cryptocurrencies considerably, recent data shows these values might have been blown out of proportion. Global daily BTC trade volume […]
2022-8-30 20:59 | |
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Lower than expected inflation data sparks an instant rally in crypto, while the U.S. dollar pays the price.
2022-8-11 17:21 | |
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U.S. CPI data came lighter than expected at 8.5% in July, but rampant inflation is still present in the energy sector; bitcoin jumps.
2022-8-11 16:35 | |
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The European Parliament has approved new regulations aimed at increasing due diligence measures and identity checks within the cryptocurrency sector, a significant step intended to combat money laundering activities.
The crypto sector within the 27-nation European Union bloc is undergoing significant changes as countries prepare for the implementation of the Markets in Crypto-Assets (MiCA) regulation. The recent Bitcoin rally is adding fuel to the fire, heating the cryptocurrency market.
All US stock indices rose on October 11, as traders awaited consumer price index data to be released on the 12th.
Treasury yields declined, giving stock market bulls new momentum.
The Dow and S&P 500 fell early in the day, but rebounded to end the day positive.
The Slovakian parliament has approved a bill seeking to lower to lower taxes on cryptocurrency income, according to local reports. An amendment to the law passed 112-2 in favour at the third reading.