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Hours after the United States bureau of labor statistics (BLS) released the latest consumer price index (CPI) data for March 2023, bitcoin (BTC) prices remain subdued and tethered around the $30,000 mark. Inflation dropping in the United States According to the BLS, the CPI reading for March stood at 0.1%, down from 0.4% recorded in February
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The latest price moves in bitcoin (BTC) and crypto markets in context for April 3, 2023. First Mover is CryptoX’s daily newsletter that contextualizes the latest actions in the crypto markets. Source
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The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. Over the last 30 days, BUSD’s token supply has dropped 40% lower. In contrast, the number
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As Ordinal inscriptions approach the 150,000 mark, blocks larger than 3 MB have become commonplace, with many blocks near the 4 MB range. Meanwhile, after the average transaction fee on-chain rose 122% higher at the beginning of February 2023, the average fee has remained the same over the last few
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Bitcoin (BTC) saw ongoing rejection below $22,000 into Feb. 14 as markets braced for macroeconomic data impact.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin vs. CPI: "Expect volatility"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD failing to expand beyond $21,800 ahead of the United States Consumer Price Index (CPI) print
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Since mid-December, bitcoin had failed to finish a trading day (universal coordinated time or UTC basis) over $17,000, and now analysts wonder if the largest cryptocurrency has formed a market bottom after a horrendous 2022. Original Source
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Bitcoin price is still facing resistance below $17,000. BTC could decline heavily if there is a clear move below the $16,000 support zone. Bitcoin is still showing bearish signs below the $16,800 and $17,000 resistance levels. The price is trading above $16,500 and the 100 hourly simple moving average. There was a break
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Bitcoin price is still trading in a range below the $17,000 resistance. BTC could witness a major breakout as we approach the New Year 2023. Bitcoin failed to clear the $17,000 and $17,200 resistance levels. The price is trading below $16,800 and the 100 hourly simple moving average. There was a break below
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Banking giant HSBC has filed trademark applications with the United States Patent and Trademark Office (USPTO) for a wide range of digital currency products and services, including those related to the metaverse and non-fungible tokens (NFTs). HSBC’s Trademark Applications for Crypto-Related Products and Services HSBC has filed two crypto-related trademark applications for
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By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). Bitcoin climbed to above $18,000 yesterday, reaching resistance at the local range high around $18,170, before
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