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🔥"Still 2 hours and 30 minutes until #CPI data release."🔥
Meanwhile, #Bitcoin is gearing up for a potential bull run ahead of the CPI data drop – seems like it's preparing for a strong financial performance! 💪"
#Crypto #cryptomarket #CryptoCommunity
Meanwhile, #Bitcoin is gearing up for a potential bull run ahead of the CPI data drop – seems like it's preparing for a strong financial performance! 💪"
#Crypto #cryptomarket #CryptoCommunity
BREAKING : 🇺🇸 US inflation falls to 3%, lower than expectations.
source: https://www.bls.gov/news.release/cpi.nr0.htm
#cpi #uscpi #crypto #cryptomarket #bitcoin
source: https://www.bls.gov/news.release/cpi.nr0.htm
#cpi #uscpi #crypto #cryptomarket #bitcoin
Bureau of Labor Statistics
Consumer Price Index Summary - 2024 M10 Results
Top #CryptoNews of This Week
1️⃣June's US Consumer Price Index (#CPI) annual inflation rose by 3.0%, which is lower than the expected 3.1%.
2️⃣ Citi predicted consecutive rate cuts by the #Fed starting in September for eight times
3️⃣ #Trump spoke at the 2024 Bitcoin conference in Nashville, influencing #cryptocurrency support
4️⃣ U.S. Republican Party endorsed multiple pro-crypto policies for the 2024 election platform.
5️⃣ Germany's government sold its final #Bitcoin holdings (Currently ZERO) on July 12, as reported by Arkham Intelligence.
6️⃣ The ETF Store President Nate Geraci, anticipates #Ethereum Spot #ETF to launch Next week of July 15.
7️⃣ Cboe submitted 19b-4 form for VanEck and 21Shares #SolanaETF to SEC.
8️⃣ Goldman Sachs plans three tokenization projects by year-end, including #crypto derivatives trading.
9️⃣ TRM Labs reported hackers stole $1.38 billion in cryptocurrency in first half of 2024.
🔟 Vitalik warned Ethereum to prepare for potential 51% attack, emphasizing network security.
1️⃣June's US Consumer Price Index (#CPI) annual inflation rose by 3.0%, which is lower than the expected 3.1%.
2️⃣ Citi predicted consecutive rate cuts by the #Fed starting in September for eight times
3️⃣ #Trump spoke at the 2024 Bitcoin conference in Nashville, influencing #cryptocurrency support
4️⃣ U.S. Republican Party endorsed multiple pro-crypto policies for the 2024 election platform.
5️⃣ Germany's government sold its final #Bitcoin holdings (Currently ZERO) on July 12, as reported by Arkham Intelligence.
6️⃣ The ETF Store President Nate Geraci, anticipates #Ethereum Spot #ETF to launch Next week of July 15.
7️⃣ Cboe submitted 19b-4 form for VanEck and 21Shares #SolanaETF to SEC.
8️⃣ Goldman Sachs plans three tokenization projects by year-end, including #crypto derivatives trading.
9️⃣ TRM Labs reported hackers stole $1.38 billion in cryptocurrency in first half of 2024.
🔟 Vitalik warned Ethereum to prepare for potential 51% attack, emphasizing network security.
Important Dates of this week to keep eye on:
#Crypto #CryptoNews
July 15 (Monday) : #Fed Chair #Powell Speaks
July 17 (Wednesday) : UK #CPI Inflation
July 18 (Thursday) : UK Unemployment
July 18 (Thursday) : EU Interest Rate Decision
July 15-18 (Estimated) : #ETH #ETF Launch
Total of 11 Fed speaker events this week
#Crypto #CryptoNews
July 15 (Monday) : #Fed Chair #Powell Speaks
July 17 (Wednesday) : UK #CPI Inflation
July 18 (Thursday) : UK Unemployment
July 18 (Thursday) : EU Interest Rate Decision
July 15-18 (Estimated) : #ETH #ETF Launch
Total of 11 Fed speaker events this week
Key Events in #Crypto This Week
1️⃣ JULY 30 (TUESDAY) : EU 🇪🇺#GDP Q2
2️⃣JULY 31 (WEDNESDAY) : 🇪🇺EU #CPI INFLATION
3️⃣ JULY 31 (WEDNESDAY) : US 🇺🇸INTEREST RATE
4️⃣AUGUST 01 (THURSDAY) : 🇬🇧UK INTEREST RATE
5️⃣ AUGUST 02 (FRIDAY) US🇺🇸UNEMPLOYMENT
6️⃣ July End Ripple vs SEC Settlement (Speculated)
#cryptonews #cryptomarket #bitcoin
1️⃣ JULY 30 (TUESDAY) : EU 🇪🇺#GDP Q2
2️⃣JULY 31 (WEDNESDAY) : 🇪🇺EU #CPI INFLATION
3️⃣ JULY 31 (WEDNESDAY) : US 🇺🇸INTEREST RATE
4️⃣AUGUST 01 (THURSDAY) : 🇬🇧UK INTEREST RATE
5️⃣ AUGUST 02 (FRIDAY) US🇺🇸UNEMPLOYMENT
6️⃣ July End Ripple vs SEC Settlement (Speculated)
#cryptonews #cryptomarket #bitcoin
Key Events to Watch in #Crypto This Month
🟡1 Aug 2024 : #FED Chair Jerome Powell Holds a Monetary policy Press Conference
🟡2 Aug 2024: US July #Unemployment Rate
🟡13 Aug 2024: US July #PPI (8:30 A.M. Eastern Time)
🟡14 Aug 2024 : US July #CPI (8:30 A.M. Eastern Time)
🟡16 Aug 2024: #FTX Consumer Voting Deadline
🟡19 Aug to 21 Aug 2024: #Web3 Summit berlin 2024
🟡1 Aug 2024 : #FED Chair Jerome Powell Holds a Monetary policy Press Conference
🟡2 Aug 2024: US July #Unemployment Rate
🟡13 Aug 2024: US July #PPI (8:30 A.M. Eastern Time)
🟡14 Aug 2024 : US July #CPI (8:30 A.M. Eastern Time)
🟡16 Aug 2024: #FTX Consumer Voting Deadline
🟡19 Aug to 21 Aug 2024: #Web3 Summit berlin 2024
Key Events This Week
#Crypto #Cryptonews
1️⃣#Trump & #ElonMusk's interview (August 12th 2024)- Monday- 8:00 PM ET
2️⃣ July #PPI Inflation data (August 13, 2024) - Tuesday - 8: 30 AM ET
3️⃣ July #CPI Inflation data(August 14, 2024) - Wednesday- 8:30 AM ET
4️⃣ July Retail Sales data(August 15th, 2024) - Thursday - 12:30AM ET
5️⃣Initial Jobless Claims- USA (August 15th, 2024) - Thursday - 8: 30AM ET
#Crypto #Cryptonews
1️⃣#Trump & #ElonMusk's interview (August 12th 2024)- Monday- 8:00 PM ET
2️⃣ July #PPI Inflation data (August 13, 2024) - Tuesday - 8: 30 AM ET
3️⃣ July #CPI Inflation data(August 14, 2024) - Wednesday- 8:30 AM ET
4️⃣ July Retail Sales data(August 15th, 2024) - Thursday - 12:30AM ET
5️⃣Initial Jobless Claims- USA (August 15th, 2024) - Thursday - 8: 30AM ET
BREAKING : July's Producer Price Index (#PPI) came in below expectations, increasing by just +0.1% MoM instead of the anticipated +0.2% (+2.2% YoY vs +2.3% YoY).
🔵This outcome boosts the #FED's confidence that inflation is easing, reinforcing the argument for potential rate cuts.
🔵Attention now shifts to tomorrow's #CPI report! (Scheduled at 8:30 A.M. Eastern Time)
Source: https://www.bls.gov/news.release/ppi.nr0.htm
#Crypto #CryptoNews
🔵This outcome boosts the #FED's confidence that inflation is easing, reinforcing the argument for potential rate cuts.
🔵Attention now shifts to tomorrow's #CPI report! (Scheduled at 8:30 A.M. Eastern Time)
Source: https://www.bls.gov/news.release/ppi.nr0.htm
#Crypto #CryptoNews