Breaking: US April PPI inflation meets expectations, climbing to 2.2% annually

🔵 US Producer Price Index (#PPI) for final demand rose 2.2% annually in April, in line with market expectations.

🔵 Annual core PPI also increased by 2.4%, matching analysts' estimates.

🔵 Both PPI and core PPI rose by 0.5% on a monthly basis in April.

🔵 Tomorrow, on May 15, 2024, at 8:30 A.M. Eastern Time, Consumer Price Index (#CPI) data will be released, and crypto enthusiasts are eager to see its impact on the #cryptomarket.

#Crypto #CryptoNews #CPI

🔵Global #cryptomarket cap: $2.27 trillion, decreased by 1.71% in the last day.

🔵 Total #crypto market volume in the last 24 hours: $68.78 billion, increased by 13.67%.

🔵 #DeFi volume: $5.88 billion, which is 8.55% of the total crypto market volume in the last 24 hours.

🔵 #Stablecoin volume: $63.09 billion, accounting for 91.72% of the total crypto market volume in the last 24 hours.

🔵 #Bitcoin dominance: 53.79%, no change in the last day.

Bitcoin: The Best of All Worlds!

Combining the qualities of commodities, digital giants, and money, Bitcoin is the ultimate digital asset.



#Bitcoin #Crypto #Blockchain #FinTech

Should You Hold or Sell #GameStop and #AMC? #CryptoMarket #CryptoNews

Investor Alert: Jim Cramer Advises Caution Amid $GameStop and $AMC Rally
https://coinpedian.substack.com/p/jim-cramer-urges-selling-gamestopgme

#El Salvador pioneers eco-friendly #Bitcoin #mining, leveraging geothermal energy from Tecapa volcano since 2021.

President Bukele leads installation of 300 processors, mining 473.5 Bitcoins, reducing environmental impact significantly. #CryptoNews
https://coinpedia.org/news/el-salvador-mines-474-bitcoins-using-volcanic-geothermal-energy/

#Ripple battles #SEC over alleged unfair practices, drawing parallels to Kafka's "The Trial," seeking regulatory clarity.

#Ripple's legal strategy involves protecting sensitive financial data, challenging SEC's demand for $2 billion penalties. #CryptoNews
https://coinpedia.org/news/ripple-vs-sec-ongoing-legal-battle-intensifies-with-new-allegations/

Jim Cramer Advises #Investors to Sell #GameStop ($GME) and #AMC Entertainment Shares

#Crypto #CryptoNews #Cryptomarket #Memecoin

Source: @CNBC

🔵 Cramer warns GameStop and AMC's surge driven by social media hype.

🔵 GameStop's high valuation questioned, trailing behind competitors in performance.

🔵 AMC faces financial woes despite cash influx, risking future investor harm.

🔵 Cramer advises caution, suggesting selling AMC stocks, emphasizing careful decision-making.

#SonneFinance hacked, losing $20 million via Compound #Finance vulnerability exploit on Optimism. #Crypto #CryptoNews #CryptoHack

Response: Closed Optimism markets, ensured Base safety, engaged community to recover funds, emphasized security.
https://coinpedia.org/news/defi-project-sonne-finance-exploited-for-20-million-on-optimism/

#Novogratz predicts #Bitcoin to stay between $55,000-$75,000, anticipates surge post-quarter end due to consolidation.

Spot #BitcoinETFs saw high demand initially but faced declining inflows; Novogratz remains optimistic. #Crypto #Cryptomarket
https://coinpedia.org/news/mike-novogratzs-bitcoin-price-prediction-heres-what-in-store-for-btc-price/

Are Meme Coins Making a Comeback? #CryptoMarket #Crypto

Is Roaring Kitty's X Post the Game Changer for #MemeCoins in Crypto?
https://coinpedia.org/news/10-memecoins-ready-to-explode-after-gamestops-roaring-kitty-revival/

Smart investor profits $14M from #PepeCoin's 943% ROI, while RSI warns of correction. #memecoin #Crypto

#Pepe Coin surges 12%, Smart Money's strategy nets $14M, RSI indicates potential correction.
https://coinpedia.org/news/pepe-coin-price-surge-smart-investor-made-millions-in-profit-with-943-roi/

Breaking : #USCPI- inflation falls to 3.4%.

🔵April's #CPI report released: #Inflation drops to 3.4% from a year ago, as forecasted by economists.

🔵 Consumer-price index up by 3.4% last month, meeting expectations.

🔵 #Cryptomarket reacts positively: #Bitcoin jumps to $63,674.01 post-CPI announcement.

🔵 #Altcoins also rise in response to Bitcoin's surge, reflecting overall market momentum.

🔵 Global #cryptomarket cap: $2.31 trillion, up by 2.25% in the last day.

🔵 Total #crypto market volume in the past 24 hours: $74.53 billion, marking an 8.92% increase.

🔵#DeFi volume stands at $5.86 billion, comprising 7.87% of the total crypto market volume in the last day.

🔵 #Stablecoins contribute $70.23 billion to the total crypto market volume, accounting for 94.23%.

🔵#Bitcoin dominance: 54.35%, rising by 0.64% due to the expected US CPI drop to 3.4%.

The latest CPI report shows inflation easing to 3.4% in April, right in line with expectations.

In response, the crypto market is on the rise!

Bitcoin has surged to $63,674.01, and other altcoins are following suit.



#Crypto #Bitcoin #CPI #Inflation #Coinpedia

Name That Crypto!


#Crypto #Token #Coinpedia

U.S. #Inflation Plummets: #Bitcoin's Bull Run and #Altcoin Surge Explained!

Is the #CryptoMarket Rally Here to Stay? Will #BitcoinPrice Reach $70K?

Click Below to Read This Interesting Article 👇
https://coinpedian.substack.com/p/why-is-the-crypto-market-up-today

Millennium Management LLC dominates #BitcoinETF market with $2 billion investments across various portfolios.

billionaire Izzy Englander leads strategic investments, including #BlackRock’s iShares #Bitcoin Trust, Fidelity’s Wise Origin Bitcoin Fund.
https://coinpedia.org/news/millennium-management-dominates-bitcoin-etf-landscape-with-2-billion-investment/

#Bitcoin surged over 6.6% to $65,972, breaking the recent downtrend, influenced by lower-than-expected US #inflation data.

Institutional demand reflected in rising traded volume for spot #BitcoinETFs, mirroring global stock indexes' rally.
https://coinpedia.org/news/peter-brandt-predicts-new-ath-for-bitcoin-as-btc-price-surges-past-66k/

#Bitcoin surged 7.54% to surpass $65,000 post favorable US inflation data, potential for further surge eyed. #CryptoNews #Crypto

Renowned analyst Michaël van de Poppe strategically sells #Bitcoin for altcoins amid market dynamics, aiming for growth.
https://coinpedia.org/news/analyst-michael-van-de-poppe-sells-bitcoin-and-eyes-altcoin-opportunities/

#Bitcoin surged past $66,000, driven by lower inflation rates and potential US interest rate cuts.
Analysts predict further market rally, citing bullish sentiment and endorsements from high-profile figures. #Bullish #Cryptomarket
https://coinpedia.org/news/why-bitcoin-price-is-up-today-analyst-insights-on-btc-price-rally/

K33 Research predicts #bullish trend due to #FTX's $14.5 billion cash repayments, contrasting with #crypto repayments. #CryptoNews

Staggered repayments from #FTX, #Gemini, and #Mt.Gox could smooth market volatility, despite controversies over FTX's proposal.
https://coinpedia.org/news/ftx-repayments-could-spark-crypto-market-surge-says-k33-research/