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Inflation in the United States continues to rise as it climbed at its fastest rate in 40 years since February 1982. Statistics from the U.S. Labor Department’s Consumer Price Index (CPI) jumped 7.5% higher than it was a year ago. US Inflation Continues to Surge On Thursday, the U.S. Labor Department published its CPI report … Read more
Cautious celebration as Bitcoin avoids a dive back into its recent trading range as inflation and the dollar form major points of interest. Go to Source Powered by WPeMatico
It’s sudden death for those who were shorting Bitcoin or altcoins on Friday, as major upside levels reappear after a two-week absence. Go to Source Powered by WPeMatico
Friday delivers more of the same for both tech stocks and crypto, with Bitcoin adding $1,000 on the Wall Street open. Go to Source Powered by WPeMatico
The crypto asset and exchange-traded fund (ETF) manager Wisdomtree has revealed the company is launching a new digital wallet called Wisdomtree Prime, which will allow users to hold crypto assets, blockchain-enabled funds, tokenized versions of commodities like gold, and access to stocks or bonds based on Wisdomtree’s indexes. Wisdomtree to Launch Prime Wallet in Q2, … Read more
A lack of bullish momentum leaves Bitcoin wanting this week as macro clouds gather on the horizon. Go to Source Powered by WPeMatico
LUNA price is at risk of further downside, but analysts point to a possible rebound as the altcoin tests a reliable, multi-month moving average as support. Go to Source Powered by WPeMatico
Equities, crypto markets, and precious metals did well during the early morning trading sessions on Wednesday, just before the U.S. central bank wrapped up its Federal Open Market Committee (FOMC) meeting. While the Fed said in a statement that the benchmark interest rate would rise soon, the central bank’s lead Jerome Powell said the committee … Read more
“This would end the potential corruption of lawmakers pursuing policy outcomes that benefit their portfolios,” said 27 members of the U.S. House of Representatives in a letter calling for a ban on stock trading. Go to Source Powered by WPeMatico
United States Consumer Price Index data shows that inflation hit 7% in December 2021, climbing 0.5% month over month. Bitcoin almost reached $44,000 upon the news. Go to Source Powered by WPeMatico
