Bitcoin and altcoins fail to rally even as U.S. inflation cools down
For years analysts and traders have said cooling inflation would benefit the crypto market, yet prices are still down. Cointelegraph explains why.
Related Posts


US regulator fines crypto fund $150K for illicit Bitcoin loan
It’s part of the fallout from the industry-wide liquidity crunch triggered by FTX in 2022.

Dave Portnoy offers to ‘save’ Bitcoin and Chainlink
Crypto community responds: ‘Nah, we’re good.’ After exiting the crypto space at a loss last week following his high profile entry, Barstool Sports founder Dave Portnoy is hinting he’s not completely finished with Bitcoin yet.In an Aug. 25 tweet to his 1.7 million followers, the day trading king said he would “save” Bitcoin and cryptocurrency…

Crypto Biz: A crypto policy expert may run the SEC
This week’s Crypto Biz explores Singapore Gulf Bank’s plans to acquire a stablecoin firm, Binance delisting tokens, Cantor Fitzgerald’s stake in Tether and the first DOGE ETP.

MakerDAO CTO Departs, Points to Internal Conflicts
Andy Milenius, formerly the chief technology officer at MakerDAO, published an open letter dated April 3 explaining his concerns over the project’s internal conflicts. MakerDAO is the company behind the decentralized algorithmic Ethereum-based stablecoin DAI as well as the governance token Maker (MKR).In his 24-page-long letter, Milenius describes a conflict between his ideas of equal…

Multi-chain infrastructure network Biconomy concludes $9M investment round
The funds will be used to develop a “multichain relayer network” that provides solutions to Web 3.0 development issues. 191 Total views 5 Total shares Biconomy, a multi-chain infrastructure network for decentralized applications, has concluded a $9 million private funding round that was co-led by venture firms DACM and Mechanism Capital.Ahmed Al-Balaghi, CEO of Biconomy,…

Blockchain games see 3x year-on-year rise in activity for January: DappRadar
DappRadar reported that there were 7 million daily unique active wallets in Web3 gaming last month, up 386% compared to January 2024.

How low can the Bitcoin price go?
Bitcoin’s latest rejection at $70,000 has presented some support levels below where a BTC price downtrend might stop.

Abkhazia Develops Law Draft on Crypto Mining
The Ministry of Economy of the partially-recognized Republic of Abkhazia has developed a law draft on the settlement of cryptocurrency mining activities in the country, local news outlet Sputnik Abkhazia reported on June 24.The press service of the Ministry told Sputnik that the drafted bill was approved and sent to the Cabinet of Ministers of…