Bitcoin surfs US PPI overshoot as BTC price recovers from sub-$59K dip
Bitcoin appears to take a hot PPI print in its stride after a 4% BTC price recovery.
Related Posts
Terrorist fundraising: Is crypto really to blame?
The ghastly events of this past month raise again some troubling questions: Does crypto have a terrorist fundraising problem? Are its networks really being exploited by terrorists to wreak global havoc? If so, what must it do better?On the other hand, maybe the problem is one of perception — more appearance than reality — because
Bitcoin’s consolidation is ‘normal’ — Analysts set $80K BTC price target
BTC’s sideways price action has pushed some traders into altcoins, but analysts are confident that the next breakout will push Bitcoin price above $80,000. 1295 Total views 13 Total shares Bitcoin (BTC) bulls are still hoping for a major breakout but at the moment, bears are applying pressure and keeping the digital asset pinned below…
Crypto heavyweights back inflation-resistant savings protocol
The U.S. consumer price index reached a 40-year high in December, capping off a year of aggressive price increases. 310 Total views 18 Total shares Fintech startup Seashell has raised $6 million in seed investments from some of crypto’s biggest venture funds and project founders as it seeks to build out an inflation-resistant finance app…
Bitcoin price must break $31K to avoid 2023 ‘bearish fractal’
Bitcoin (BTC) held above $30,000 at the Oct. 23 Wall Street open as analysis said BTC price strength could cancel its “bearish fractal.”BTC/USD 1-hour chart. Source: TradingViewBTC price preserves majority of early upsideData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hovered near $30,700, still up 2.5% on the day.The largest cryptocurrency had
Bitcoin Price Bounces Back to $8.4K but Bearish Bias Remains
Bitcoin (BTC) price has had a volatile start to the week. Asia kicked off the trading week with a 4% selloff that brought Bitcoin price from $8,050 to $7,700. The ball was then passed to the Europeans who started a rally which continued through to the New York trading session. By the end of the…
Bitcoin futures data shows ‘improving’ mood’ despite -31% GBTC premium
Bitcoin (BTC) traders may be nervous going into the Federal Reserve rate hike decision, but research suggests that the bulls are broadly gaining ground.In a fresh update on July 26, analytics firm Arcane Research flagged what it calls "improving" sentiment among institutional traders.Caution mixed with "improving sentiment"While attention has focused on the likelihood of a…
‘Don’t kill crypto’ billboard goes up in Alabama in advance of House tackling infrastructure
"We want members of Congress to know that we'll be watching them and that we won't let them hide from their positions on this," said Evan Greer. 196 Total views 11 Total shares Digital rights advocacy group Fight for the Future has publicly called out Alabama lawmaker Richard Shelby for preventing an amendment clarifying the…
The metaverse: Mark Zuckerberg’s Brave New World
If Facebook happened to be a human being, where would he/she/they currently be? Most likely in prison… for a very long time. The company’s transgressions are too numerous to list. But Facebook is not human; it’s a company, and a very profitable one, at that. In fact, it’s now one of the most profitable companies…