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🚨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
🔵 Key Events This Week

#Cryptonews #Cryptocurrency

1️⃣Ripple Remedies 12 February 2024(Monday) (The Ripple-SEC battle enters a pivotal "remedies phase" on this date)

2️⃣January #CPI #Inflation data - 13 February (Tuesday)

3️⃣ US Retail Sales data - 15 February (Thursday)

4️⃣ Do Kwon's Detention Ends on 15 February (Thursday) (The final decision on his extradition will be made by Montenegro's Minister for Justice)

5️⃣ January #PPI Inflation data -16 February ( Friday)

6️⃣ Total of 8 #Fed speaker events this week
Expectations for #Bitcoin and #Crypto for 🇺🇲#USCPI Data Today

#CPI data scheduled to be released at 8:30 A.M. Eastern Time

🔴 If > 2.9% - Little Bearish ( small retracement )

⚪️ If = 2.9% - Neutral ( Bull )

🟢 If < 2.9% - MEGA Bullish
🚨BREAKING : US CPI 3.1%

🔵CPI rose by 0.3% in January, adjusted, and by 3.1% over the past year.

🔵Excluding food and energy, CPI increased by 0.4% in January, and by 3.9% over the past year.

🔵These figures indicate overall inflationary trends, with notable increases in prices both including and excluding food and energy.

#USCPI #CPI #Cryptocurency #CryptoNews #inflation
#Bitcoin
Top #CryptoNews In Last 12 Hours

1️⃣ #Bitcoin's #marketcap surpasses $1 trillion as price hits $51,000; ,marking milestone in #cryptomarket history.

2️⃣EU committee approves groundbreaking #AI legislation, setting global precedent, to regulate diverse industries; enforcement expected by 2026.

3️⃣ Japan's #financial regulator suggests banks enhance user protection, potentially disrupting P2P #crypto transactions to prevent fraud.

4️⃣US Treasury official Brian Nelson urges Congress for expanded authority to combat crypto-related illicit finance.

5️⃣US #CPI data beats expectations. CME predicts 92% chance #FOMC keeps rates unchanged in March; 62.1% chance of May rate cut.
Top #CryptoNews This Week

1️⃣ In January, the US unadjusted
#CPI annual rate reached 3.1%, slightly exceeding expectations but lower than previous.

2️⃣ On Feb 15th,
#Bitcoin surpassed $52,400, achieving a market cap exceeding $1 trillion, reaching 2021 levels.

3️⃣
#Binance faces $4.3 billion fine for breaching US economic sanctions laws, money laundering.

4️⃣ Senator Elizabeth Warren celebrated Bitcoin's 15th anniversary by honoring Satoshi Nakamoto. she signed a certificate to honor
#Bitcoin creator.

5️⃣
#MicroStrategy's Bitcoin holdings surpassed $10B, with profits exceeding $4 billion, as Bitcoin approached $53,000.

6️⃣ Franklin Templeton applied to SEC for a spot
#Ether #ETF, joining firms like #BlackRock and #Fidelity.

7️⃣ Court approved
#Genesis's sale of $1.3B worth of #GBTC shares to compensate clients who borrowed digital assets.

8️⃣ Seattle Federal Court postpones Binance founder
#CZ's sentencing on money laundering charges to April 30th, reasons undisclosed.
February 2024 CPI data will be released Today at 8:30 A.M. Eastern Time.

🔵 Higher than anticipated numbers could negatively impact #BitcoinPrice.

🔵Keep an eye on the #CPI data for potential #Cryptomarket movements.
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
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.
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
Key Dates for #Crypto in June 2024

#CryptoMarket #CryptoNews

🔵US Consumer Price Index (
#CPI) : Jun. 12, 2024 at 08:30 AM E.T

🔵US Producer Price Index (
#PPI) : June 13, 2024, at 8:30 A.M. ET

🔵United States
#Fed Interest Rate Decision : June 12 at 18:00 GMT.

🔵 Official Launch of
#Ethereum: June 30, (2015- 9 Years back)
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:

🔵Very likely, rates will stay the same: 99.4%

🔵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! 🤝

#Crypto #CryptoNews #CryptoMarket #BTC #Bitcoin
Want to Know How Will Today's US Economic Data Impact #Bitcoin Prices?

Will Bitcoin Bounce Back or Fall Further with
CPI Insights?
(BULL or BEAR?)

if
#CPI = 3.4% or CPI < 3.4% (#Bullish for #CryptoMraket ) if CPI > 3.4% (#Bearish for #Crypto)

Click Below to Read This Interesting Article👇

|https://coinpedian.substack.com/p/how-will-the-feds-interest-rate-decisions
🔥STILL 5 HOURS LEFT FOR CPI REPORT🔥

#CryptoNews #Bitcoin

#CPI Report Drops Today at 8:30 AM (EST), Followed by Fed Interest Rate Decision at 2:00 PM (EST)!

Most large banks anticipate
CPI inflation at 3.4%.

Prediction markets suggest a 17% probability of inflation exceeding 3.4%, as per
@Kalshi.

If
CPI inflation surpasses 3.4%, it indicates a rise in inflation for 3 out of the last 4 months.

Conversely, there's a 41% likelihood of inflation being below 3.4%.

How Crypto Market Reacts ?

if
#CPI = 3.4% or CPI < 3.4% (#Bullish for #CryptoMraket ) if CPI > 3.4% (#Bearish for #Crypto)
Top #CryptoNews This Week

1️⃣ U.S. #CPI May:
Annual CPI rate for May: 3.3%, lower than expected, #interest rates unchanged.(5.25% to5.5%)

2️⃣ #Biden #Cryptocurrency Donations:
Biden's team discussing cryptocurrency donations via #Coinbase Commerce to attract crypto-supporting voters.

3️⃣ Trump on #Bitcoin:
Trump advocates for U.S. Bitcoin mining, criticizes Biden's stance on cryptocurrency.

4️⃣ SEC Spot #ETH #ETF:
SEC Chair expects ETH spot ETF approval by summer's end, clarifies crypto compliance issues.

5️⃣#Vitalik suggests improving crypto use with zk proofs, decentralized networks, and privacy enhancements.

6️⃣ #Binance nance surpasses 200 million users, addresses trading incidents, and focuses on blockchain applications.

7️⃣#Bybit relocating staff to Malaysia, Dubai after opening registration for Chinese users.

8️⃣ #Tether to invest over $1 billion in emerging markets, #AI, and biotechnology.

9️⃣ #MicroStrategy plans to raise $700 million via private placement to buy more Bitcoin.
Key Events Sheduled For This Week

#Crypto #Cryptonews

1️⃣
#Fed Chair Powell Testifies -(July 9th) -Tuesday

2️⃣
#Binance Vs SEC Hearing ( July 9th ) - Tuesday

3️⃣ June
#CPI Inflation data - ( July 11th) 8:30 A.M. ET - Thursday

4️⃣ June
#PPI Inflation data - Friday

5️⃣Total of 9 Fed speaker events this week
Top #CryptoNews in Past 12 Hours

1️⃣ June US
#CPI and #PPI released this week; #Powell testifies. 71.1% rate cut chance as per CME Group.

2️⃣
#Tether CEO Ardoino stated OpenAI was hacked. Local AI models protect privacy on new devices

3️⃣
#TeraWulf CSO Kerri Langlais expects to see more merger proposals for bitcoin mining companies. They mined bitcoin with nuclear energy, averaging $32,373 in June.

4️⃣
#Golem, which raised 820,000 ETH in its 2016 ICO, recently transferred 36,000 ETH, valued at $115 million.

5️⃣In Q2 2024, top centralized exchanges by capital inflow were
#Binance, Bitfinex, Bitget, Bybit, Gate, etc. Binance led with $908 million as per CryptoRank statistics

6️⃣
#Arkham reported the German Government transferred 500 BTC to Bitstamp and Coinbase ($27.9 million each)

7️⃣CoinShares reported $441 million inflows into digital asset investment products last week, with $398 million into
#Bitcoin
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This week, all eyes are on Jerome Powell's testimony, alongside crucial #CPI & #PPI data releases that will sway Yields & DXY.

Excitement mounts as the
#Ethereum ETF gears up for trading debut on July 15th.

Anticipate a bullish outlook for
#Bitcoin this week!

If SEC: “The
#EthereumETF is denied”

#Vitalik:😂😂