US CPI data rose to 0.3%, slightly below expectations in April. The market saw some relief after April’s slow inflation reading, with BTC jumping +5% Venture markets including Bitcoin [BTC] saw some relief after US CPI data revealed that inflation did not worsen much in April. According to the US Bureau of Labor Statistics (BLS), […]
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This strategic decision arises amid increasing regulatory scrutiny over cryptocurrencies оn US soil. Cryptocurrency giant Circle Internet Financial announced its decision tо move its legal headquarters from the Republic оf Ireland tо the United States. This was confirmed by a Circle spokesperson, as reported by Bloomberg оn May 14. The company has begun the transfer […]
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The Central American nation, under the leadership of President Nayib Bukele, made history in 2021 by becoming the first country in the world to adopt Bitcoin as legal tender. El Salvador has made headlines again by announcing that it owns 5,750 Bitcoin (BTC), valued at approximately $353 million based on current market prices, according to […]
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Ethereum is now trading below $2,950 and the 100 hourly simple moving average. Ethereum price is approaching a bullish break above the $2,900 level. ETH must settle above $2,900 and $2,940 to continue rising in the near term. Ethereum is forming a base above the $2,860 support zone. The price is trading below $2,950 and […]
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The decline іn demand for Cardano has been caused by the high volume оf losses suffered by holders. Cardano (ADA) may extend its 30-day decline as іt appears poised tо break a key support level. This may happen іn the short term as bearish pressure оn the 10th largest cryptocurrency by market capitalization continues tо […]
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