After a week marked by mixed sentiments, the cryptocurrency market has bounced back positively, particularly following the release of the Consumer Price Index (CPI) data for September. The CPI rose by 0.2%, while the core CPI increased by 0.3%, both exceeding expectations. This data has led analysts to believe that
Bitcoin (BTC) has surged back to the $62.5K mark with a 4% rally, and leading altcoins are following the upward trend. Memecoins are also experiencing notable gains, with Dogecoin (DOGE) and Shiba Inu (SHIB) seeing gains between 4% and 10%. However, one memecoin has taken the spotlight—Popcat (SOL), which has
The global cryptocurrency market saw a notable rebound early Saturday during Asian trading hours, recovering from previous lows with the total market cap rising approximately 2.92%. This surge was largely driven by Bitcoin (BTC), which displayed an uptick of 4.71%. In the last 24 hours, BTC’s price fluctuated from a
The founder and executive chairman of MicroStrategy, Michael Saylor, recently shared his bold plans for the future of the firm in an interview. He has lofty ambitions of making this company the largest Bitcoin bank. The price of Bitcoin might be influenced by this, which could be a factor of
Inflation in the United States came in at 1.8% in September, according to the long-awaited Producer Price Index (PPI), when market forecasts had it at 1.6%. Inflation is on the rise, and investors are worried about what it may mean for Bitcoin and other cryptocurrencies in light of recent US
The Bitcoin (BTC) price continued to dip, reaching as low as $58,895 before making an attempt to recover. At the time of writing, BTC is trading at $61,317 with a market cap of $1.21 trillion. The intraday high reached $61,437, but Bitcoin is finding it difficult to push above the
Married couples in South Korea can now include cryptocurrency holdings in the division of assets during divorce proceedings. This comes after the clarification by the South Korean law firm IPG Legal, which explained that under the country’s legal framework, both tangible and intangible assets, such as cryptocurrency, are subject to
The hedge funds have focused on traditional asset classes and have exposure to the cryptocurrency market. Approximately 50% of the hedge funds have allocated capital to digital assets, marking an increase compared to previous years. Reportedly, 47% of the hedge funds invested in traditional asset classes have ventured into cryptocurrencies
While the world mourns the passing of tech giant Ratan Tata, cryptocurrency prices fell in the last 24 hours. The community also received news about the US FBI’s creation of a new token to entrap suspects involved in market manipulation. Meanwhile, the largest cryptocurrency has yet again initiated a bearish
It’s been less than a year, and yet it’s hard to remember Bitcoin without a spot ETF. Just as Bitcoin before the advent of stablecoins, centralized exchanges, or block explorers, is hard to fathom now, the pre-ETF times feel dark and distant. Bitcoin didn’t need the SEC to rubber stamp
