Eyes on U.S. #CPI Data on Thursday π(Oct 12)
Market Updates:
π #Bitcoin is hovering above $27,500 while the broader #cryptomarket is lower today.
π U.S. #inflation figures for September will be released on Thursday, the expected inflation rates are 3.6% YoY for the headline inflation and 4.1% YoY for the core inflation.
π The Israel-Hamas conflict has spurred fears of surging prices for #oil
π The #Fed-Funds futures are pricing in a rate hike of 25bps in November with 15.58% probability.
π Former #Alameda CEO Caroline Ellison is expected to testify at the #SBF trial today.
π© To receive the full version directly in your inbox sign up for our Daily Newsletter Updates π
https://coinpedian.substack.com/
Market Updates:
π #Bitcoin is hovering above $27,500 while the broader #cryptomarket is lower today.
π U.S. #inflation figures for September will be released on Thursday, the expected inflation rates are 3.6% YoY for the headline inflation and 4.1% YoY for the core inflation.
π The Israel-Hamas conflict has spurred fears of surging prices for #oil
π The #Fed-Funds futures are pricing in a rate hike of 25bps in November with 15.58% probability.
π Former #Alameda CEO Caroline Ellison is expected to testify at the #SBF trial today.
π© To receive the full version directly in your inbox sign up for our Daily Newsletter Updates π
https://coinpedian.substack.com/
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BREAKING NEWS: #CPI Update
π΅CPI increased by 0.4% in September, down from August's 0.6% rise.
π΅ All items index rose by 3.7% over the last year.
π΅U.S. Bureau of Labor Statistics provided this data.
π΅Key inflation update for September. #Inflation #EconomicStats π°
π΅CPI increased by 0.4% in September, down from August's 0.6% rise.
π΅ All items index rose by 3.7% over the last year.
π΅U.S. Bureau of Labor Statistics provided this data.
π΅Key inflation update for September. #Inflation #EconomicStats π°
Larry Fink, CEO of the world's largest money management firm #BlackRock with over $10 Trillion AUM, believes #Bitcoin is reshaping the financial landscape permanently.
According to Fink, the future is about digitalizing gold through #crypto, shifting the traditional investment from gold to a digital hedge against #inflation.
According to Fink, the future is about digitalizing gold through #crypto, shifting the traditional investment from gold to a digital hedge against #inflation.
π¨BREAKING : US CPI 3.1%
π΅ CPI increased by 0.1% in November.
π΅ Over the past 12 months, it rose by 3.1%.
π΅ Excluding food and energy, the index grew by 0.3% in November and 4.0% over the year.
#uscpi #CPI #Cryptocurency #CryptoNews #inflation
π΅ CPI increased by 0.1% in November.
π΅ Over the past 12 months, it rose by 3.1%.
π΅ Excluding food and energy, the index grew by 0.3% in November and 4.0% over the year.
#uscpi #CPI #Cryptocurency #CryptoNews #inflation
π¨BREAKING : US CPI 3.4%
December Consumer Price Index (CPI) rose by 0.3%
Over the past 12 months, CPI increased by 3.4%
Excluding food and energy, the index increased by 0.3% in December (SA) and by 3.9% over the year (NSA).
#uscpi #CPI #Cryptocurency #CryptoNews #inflation
December Consumer Price Index (CPI) rose by 0.3%
Over the past 12 months, CPI increased by 3.4%
Excluding food and energy, the index increased by 0.3% in December (SA) and by 3.9% over the year (NSA).
#uscpi #CPI #Cryptocurency #CryptoNews #inflation
π΅ Key Events This Week
#Cryptonews #Cryptocurrency
1οΈβ£Ripple Remedies 12 February 2024(Monday) (The Ripple-SEC battle enters a pivotal "remedies phase" on this date)
2οΈβ£January #CPI #Inflation data - 13 February (Tuesday)
3οΈβ£ US Retail Sales data - 15 February (Thursday)
4οΈβ£ Do Kwon's Detention Ends on 15 February (Thursday) (The final decision on his extradition will be made by Montenegro's Minister for Justice)
5οΈβ£ January #PPI Inflation data -16 February ( Friday)
6οΈβ£ Total of 8 #Fed speaker events this week
#Cryptonews #Cryptocurrency
1οΈβ£Ripple Remedies 12 February 2024(Monday) (The Ripple-SEC battle enters a pivotal "remedies phase" on this date)
2οΈβ£January #CPI #Inflation data - 13 February (Tuesday)
3οΈβ£ US Retail Sales data - 15 February (Thursday)
4οΈβ£ Do Kwon's Detention Ends on 15 February (Thursday) (The final decision on his extradition will be made by Montenegro's Minister for Justice)
5οΈβ£ January #PPI Inflation data -16 February ( Friday)
6οΈβ£ Total of 8 #Fed speaker events this week
π¨BREAKING : US CPI 3.1%
π΅CPI rose by 0.3% in January, adjusted, and by 3.1% over the past year.
π΅Excluding food and energy, CPI increased by 0.4% in January, and by 3.9% over the past year.
π΅These figures indicate overall inflationary trends, with notable increases in prices both including and excluding food and energy.
#USCPI #CPI #Cryptocurency #CryptoNews #inflation
#Bitcoin
π΅CPI rose by 0.3% in January, adjusted, and by 3.1% over the past year.
π΅Excluding food and energy, CPI increased by 0.4% in January, and by 3.9% over the past year.
π΅These figures indicate overall inflationary trends, with notable increases in prices both including and excluding food and energy.
#USCPI #CPI #Cryptocurency #CryptoNews #inflation
#Bitcoin
Is the US economy facing stagflation? ELJA breaks down the latest GDP and inflation figures, signaling potential challenges for #Bitcoin.
#inflation #CryptoNews #cryptocrash
https://coinpedia.org/news/one-thing-could-crash-bitcoin-and-crypto-in-the-coming-months/
#inflation #CryptoNews #cryptocrash
https://coinpedia.org/news/one-thing-could-crash-bitcoin-and-crypto-in-the-coming-months/
CoinPedia
One Thing Could Crash Bitcoin And Crypto In The Coming Months
Recent economic indicators from the United States have ignited concerns of stagflation, casting a shadow over the cryptocurrency market, especially
Can Bitcoin Weather the Storm of Rising #Inflation? Insights into Recent Price Drops
#CryptoMarket Liquidation: What's Behind the $150 Million Sell-Off?
Click Below to Read This Interesting Article π
#Crypto #Bitcoin #BTC #Bitcoinprice
https://coinpedian.substack.com/p/why-bitcoin-price-dropped-to-60k
#CryptoMarket Liquidation: What's Behind the $150 Million Sell-Off?
Click Below to Read This Interesting Article π
#Crypto #Bitcoin #BTC #Bitcoinprice
https://coinpedian.substack.com/p/why-bitcoin-price-dropped-to-60k
Substack
Why Bitcoin Price Dropped to $60K Again?
What Next for BTC Price?
Breaking : #USCPI- inflation falls to 3.4%.
π΅April's #CPI report released: #Inflation drops to 3.4% from a year ago, as forecasted by economists.
π΅ Consumer-price index up by 3.4% last month, meeting expectations.
π΅ #Cryptomarket reacts positively: #Bitcoin jumps to $63,674.01 post-CPI announcement.
π΅ #Altcoins also rise in response to Bitcoin's surge, reflecting overall market momentum.
π΅April's #CPI report released: #Inflation drops to 3.4% from a year ago, as forecasted by economists.
π΅ Consumer-price index up by 3.4% last month, meeting expectations.
π΅ #Cryptomarket reacts positively: #Bitcoin jumps to $63,674.01 post-CPI announcement.
π΅ #Altcoins also rise in response to Bitcoin's surge, reflecting overall market momentum.
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
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
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 π
https://coinpedian.substack.com/p/why-is-the-crypto-market-up-today
Is the #CryptoMarket Rally Here to Stay? Will #BitcoinPrice Reach $70K?
Click Below to Read This Interesting Article π
https://coinpedian.substack.com/p/why-is-the-crypto-market-up-today
Substack
Why Is the Crypto Market Up Today?
Bitcoin Price Hits $66K. Will It Reach $70K?
#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/
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/
CoinPedia
New ATH for Bitcoin? Peter Brandt Goes Bullish After EPIC Rally Above $66K
Bitcoin (BTC) soared past its recent downtrend, shooting above $66,000 on Wednesday with a robust 6.6 percent surge within 24 hours. By Thursday's early
Is Dismantling the Fed the Answer to #Inflation? #CryptoMarket
Will H.R. 8421 Change the Future of U.S. Financial Policy? #CryptoNews
Click Below to Read this Interesting Article π
https://coinpedian.substack.com/p/federal-reserve-abolition-act-could
Will H.R. 8421 Change the Future of U.S. Financial Policy? #CryptoNews
Click Below to Read this Interesting Article π
https://coinpedian.substack.com/p/federal-reserve-abolition-act-could
Substack
Federal Reserve Abolition Act: Could This Spark a Cryptocurrency Boom?
Can Ending the Federal Reserve Really Control Inflation?
Top #CryptoNews This Week
1οΈβ£ #Grayscale's #GBTCETF nets $28.195 million, while #Fidelity's #FBTC leads with $379 million inflow.
2οΈβ£ SEC Chair #Gensler suggests slow #ETHETF approval, criticizes #cryptoexchanges' activities as unconventional.
3οΈβ£ ECB cuts rates by 25 basis points, forecasts inflation increase, expects moderate easing amid strong domestic pressures.
4οΈβ£Bank of Canada cuts rates to 4.75%, aiming to support economic growth amid declining #inflation.
5οΈβ£#Bitpanda partners with Deutsche Bank for real-time #crypto payments, enhancing German user experience.
6οΈβ£ #Robinhood to acquire Bitstamp for $200 million, subject to regulatory approval, expanding global presence
7οΈβ£ #Bybit opens registration for mainland China users, causing internal panic; aims to tap into new markets
8οΈβ£ Chinese student sentenced to 4 years for #Memecoin fraud; issued BFF causing losses over 50,000 USDT
9οΈβ£#Vitalik Buterin criticizes celebrity involvement in crypto, calls for focus on public interest initiatives
1οΈβ£ #Grayscale's #GBTCETF nets $28.195 million, while #Fidelity's #FBTC leads with $379 million inflow.
2οΈβ£ SEC Chair #Gensler suggests slow #ETHETF approval, criticizes #cryptoexchanges' activities as unconventional.
3οΈβ£ ECB cuts rates by 25 basis points, forecasts inflation increase, expects moderate easing amid strong domestic pressures.
4οΈβ£Bank of Canada cuts rates to 4.75%, aiming to support economic growth amid declining #inflation.
5οΈβ£#Bitpanda partners with Deutsche Bank for real-time #crypto payments, enhancing German user experience.
6οΈβ£ #Robinhood to acquire Bitstamp for $200 million, subject to regulatory approval, expanding global presence
7οΈβ£ #Bybit opens registration for mainland China users, causing internal panic; aims to tap into new markets
8οΈβ£ Chinese student sentenced to 4 years for #Memecoin fraud; issued BFF causing losses over 50,000 USDT
9οΈβ£#Vitalik Buterin criticizes celebrity involvement in crypto, calls for focus on public interest initiatives
Tomorrow (Jun. 12, 2024 8:30 AM Eastern Time), we'll get the #inflation data (#CPI), followed by the Federal Reserve's decision on #interestrates and Jerome Powell's press conference. Here's what people are expecting:
π΅Very likely, rates will stay the same: 99.4%
π΅A small chance of a 0.25% rate cut: 0.6%
On Thursday (June 13, 2024, at 8:30 A.M. Eastern Time), we'll also see the Producer Price Index (#PPI) and unemployment data.
We should prepare for big swings in the market. We're almost there, just a bit more patience! π€
#Crypto #CryptoNews #CryptoMarket #BTC #Bitcoin
π΅Very likely, rates will stay the same: 99.4%
π΅A small chance of a 0.25% rate cut: 0.6%
On Thursday (June 13, 2024, at 8:30 A.M. Eastern Time), we'll also see the Producer Price Index (#PPI) and unemployment data.
We should prepare for big swings in the market. We're almost there, just a bit more patience! π€
#Crypto #CryptoNews #CryptoMarket #BTC #Bitcoin
BREAKING : US inflation falls to 3.3%, lower than expectations.
#Crypto #CryptoNews #USCPI #Inflation
#Crypto #CryptoNews #USCPI #Inflation
Can #Bitcoin Bounce Back from Its 7.5% Drop This Week?
How Does #Inflation Data Impact Bitcoin Prices?
Why Are Bitcoin #Miners and Long-Time Holders Selling Off?
#Crypto #Cryptonews #Bitcoin $BTC #Cryptomarket
Click Below to Know What Next for Bitcoinπ
https://coinpedian.substack.com/p/why-bitcoin-price-crashed-to-65k
How Does #Inflation Data Impact Bitcoin Prices?
Why Are Bitcoin #Miners and Long-Time Holders Selling Off?
#Crypto #Cryptonews #Bitcoin $BTC #Cryptomarket
Click Below to Know What Next for Bitcoinπ
https://coinpedian.substack.com/p/why-bitcoin-price-crashed-to-65k
Substack
Why Bitcoin Price Crashed To $65K?
Why Did BTC Hit a Four-Week Low Despite Softening Inflation Data?
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"#Crypto Silent in #Biden-#Trump Debate Despite Industry's Million-Dollar Influence" #CryptoNews
π΅Donald Trump criticizes Biden for job creation focused on illegal immigrants and mentions #inflation.
π΅Biden and Trump's first debate did not include any discussion on #cryptocurrency.
π΅Crypto industry raised millions but did not impact the debate agenda.
π΅Debate covered economy, abortion, immigration, foreign policy, and candidates' ages, but not crypto.
π΅Donald Trump criticizes Biden for job creation focused on illegal immigrants and mentions #inflation.
π΅Biden and Trump's first debate did not include any discussion on #cryptocurrency.
π΅Crypto industry raised millions but did not impact the debate agenda.
π΅Debate covered economy, abortion, immigration, foreign policy, and candidates' ages, but not crypto.
Top #Cryptonews in Past 12 Hours
1οΈβ£Jerome Powell was pleased with #inflation progress but needed more assurance before rate cuts.
2οΈβ£Fabi, CEO of Web3 Foundation supporting #Polkadot, advocated for community-voted on-chain treasury spending.
3οΈβ£The Tao Community Discord admin reported TAO Foundation investigated recent attacks on #Bittensor wallets.
4οΈβ£Nate Geraci, president of The #ETF Store, forecasted the #Ethereum spot ETF launch for mid-July (July15)
5οΈβ£#Genesis Digital Assets, a Bitcoin mining firm, considered a U.S. IPO, backed by Alameda's $1 billion investment
6οΈβ£K33 analyst anticipated the upcoming ETF as a strong catalyst for $ETH's performance, foreseeing potential price boosts.
7οΈβ£On July 2, #Bitcoin spot ETFs experienced a net outflow of $13.6167 million, reversing five days of net inflows.
1οΈβ£Jerome Powell was pleased with #inflation progress but needed more assurance before rate cuts.
2οΈβ£Fabi, CEO of Web3 Foundation supporting #Polkadot, advocated for community-voted on-chain treasury spending.
3οΈβ£The Tao Community Discord admin reported TAO Foundation investigated recent attacks on #Bittensor wallets.
4οΈβ£Nate Geraci, president of The #ETF Store, forecasted the #Ethereum spot ETF launch for mid-July (July15)
5οΈβ£#Genesis Digital Assets, a Bitcoin mining firm, considered a U.S. IPO, backed by Alameda's $1 billion investment
6οΈβ£K33 analyst anticipated the upcoming ETF as a strong catalyst for $ETH's performance, foreseeing potential price boosts.
7οΈβ£On July 2, #Bitcoin spot ETFs experienced a net outflow of $13.6167 million, reversing five days of net inflows.