Bitcoin News
Bitcoin Slips to $20K as US Inflation Continues to Rise
Bitcoin (BTC) and ether (ETH) tumbled as U.S. August inflation data came in higher than expected. QCP Capital co-founder and CIO Darius Sit discusses a potential bitcoin bottom and his crypto markets outlook. Plus, the current state of institutional investors in Asia.
Celsius CEO Reportedly Mulls Crypto Custody Pivot After Lending Business Imploded
Celsius CEO Alex Mashinsky proposed revamping the failed crypto lending business as a digital asset custody firm, according to a New York Times report. Plus, bitcoin (BTC) and crypto-linked stocks fall as U.S. inflation in August rose 8.3% from the previous year and 0.1% from a month ago.
Bitcoin Down Following August CPI Reading
Bitcoin’s temporary rally has come to an end as the U.S. CPI readings returned worse than expected. Data from TradingView indicates that bitcoin (BTC) nearly tested its 10-month bear market early Tuesday.
Market Wrap: US Inflation Data Roils Markets, Bitcoin and Ether Fall
Investors expecting a more significant improvement in inflation data were disappointed and showed it by selling.
El Salvador lanza dos ofertas de recompra de deuda en medio de la incertidumbre sobre su bono bitcoin
Las propuestas fueron consideradas un intento de contrarrestar las especulaciones sobre un potencial default por parte del país centroamericano.
Wall Street Titans' New Crypto Exchange Aims to Seriously Cut Costs for Investors
EDX Markets, backed by major trading and investment firms like Schwab and Citadel Securities, will initially offer only a handful of cryptocurrencies such as bitcoin.
Path Forward for Crypto Gets Tougher After US CPI Report Comes in Hot
It's becoming a game of Whac-A-Mole for the Federal Reserve to keep consumer prices from shooting up. That might mean an aggressive-for-longer stance on monetary policy, ostensibly a negative driver of prices for risky assets from stocks to cryptocurrencies.
Canadian Prime Minister Justin Trudeau Attacks Opposition for Recommending Bitcoin as Inflation Hedge
Earlier this year, Pierre Poilievre, the new leader of the opposition Conservative Party, said he supports bitcoin as an inflation-beating asset.
First Mover Americas: Bitcoin Tumbles Below $22K on Higher-Than-Expected US Inflation
The latest price moves in crypto markets in context for Sept. 13, 2022.
Bitcoin Should Change ... Slowly
Reconsidering the first cryptocurrency's slow-and-steady approach to development, as Ethereum's "Merge" nears.
