Bitcoin drops below $95K as US inflation surpasses expectations
The latest CPI data is unlikely to impact the Fed’s interest rate decision in March despite Donald Trump’s insistence on lowering rates.
Related Posts


CertiK’s identification of Crypto Cars as ‘rug pull’ was a false alarm
A temporary website outage of the project's main site, among other factors, led to the error. 629 Total views 90 Total shares In a period of market downturns, rumors of crypto bans and decentralized finance, or DeFi scams, blockchain enthusiasts can be sensitive to the smallest abnormalities within projects they follow and sometimes erroneously fear…

Trading Platform eToro Develops Blockchain Platform for Universal Basic Income Distribution
Trading platform eToro has recently announced a blockchain-based social project to create a “non-speculative” cryptocurrency with the aim of paying social interest to those who “have less,” according to a press release obtained by Cointelegraph Wednesday, Nov. 7.The trading platform currently has over 10 million registered users and supports fourteen cryptocurrencies on its platform.The social…

Bitfury Launches New Generation of ASIC-Based Bitcoin Mining Hardware
Bitcoin (BTC) mining software manufacturer Bitfury Group has launched a new generation of its BTC mining hardware based on its Application-Specific Integrated Circuit (ASIC) chip Bitfury Clarke, according to an announcement published September 19.An ASIC chip is a piece of mining hardware geared to mine digital currency based on a specific hashing algorithm. An ASIC…

Bitcoin bulls aim to flip $30K to support, but derivatives data show traders lack confidence
Bitcoin (BTC) bounced 19% from the $25,400 low on May 12, but has investor confidence in the market been restored? Judging by the ascending channel formation, it’s possible that bulls at least have plans to recover the $30,000 level in the short term.Bitcoin/USD 4-hour price at Bitstamp. Source: TradingViewDoes derivatives data support reclaiming $30,000, or…

Bitcoin slides with S&P500 as Fed signals tapering $120B monthly bond purchases
Bitcoin (BTC) prices briefly fell below $44,000 on Aug. 19 as the United States Dollar strengthened after the Federal Reserve policy minutes revealed their intentions to limit their bond-purchasing program this year.Bitcoin risks $45,000 becoming new resistance The spot BTC/USD rate dropped 1.71% to a new week-to-date low of $43,955. The pair's plunge appeared as a…

Thai SEC Clears Seven Cryptocurrency Operators to Serve Clients, Reviews Two More
Thai regulators announced Thursday, August 16, that they have so far approved seven business entities to conduct cryptocurrency operations as part of the formalization of the country’s domestic market. In a statement, Thailand’s Securities and Exchange Commission (Thai SEC) confirmed Bitcoin Co. Ltd. (BX), Bitkub Online Co. Ltd., Cash2coins Co. Ltd., Group Co. Ltd. (TDAX),…

Perplexity AI’s ad integration plan draws shock, mockery: ‘This company is toast’
The company reportedly intends to charge a much higher-than-average premium for ad space in its AI-powered search engine.

Many yield farmers lost more than they bargained for when they trusted this DeFi dev
Yield farmers looking for a quick profit were recently taken in by a dubious DeFi protocol called UniCats — a yield farming scheme reminiscent of other, more famous protocols like SushiSwap or Yam Finance.According to ZenGo researcher Alex Manuskin, at least one of its users lost more than $140,000 worth of Uniswap's UNI tokens even…