US Inflation Rate Slows to 6.5% in December, In Line With Estimates
Bitcoin is gaining/falling on the news ... Source
Read More
Slows
SuperRare cuts 30% of staff as growth slows during crypto winter
Non-fungible token (NFT) marketplace SuperRare has announced a 30% staff-member cut as CEO John Crain explained that the firm mistakenly over-hired during the last bull market. In a Jan. 7 tweet, Crain shared a screenshot of his message to SuperRare’s Slack channel announcing the 30% cut, stating that he had
Read More
Bitcoin Falls as Federal Reserve Slows Rate Hikes but Stays Hawkish
The U.S. central bank raised its benchmark interest rate to a range of 4.25%-4.5% on Wednesday. Officials now expect the current rate-hiking cycle to peak next year at a "terminal rate" above 5%. Source
Read More
Ether Turns Inflationary as Network Usage Slows
Ether's annualized inflation rate previously dropped below zero following the collapse of FTX-induced market volatility, which spurred a rise in Ethereum network usage. The positive inflation rate indicated ETH being minted outpaced being burned. Original Source
Read More
Dogecoin Slows Down As Bearish Sign Appears; Here Are Levels To Watch
DOGE’s price slowed down after showing so much strength as it rallied to a high of $0.15. DOGE could suffer retracement as bearish
Read More
China’s CBDC Transactions Reach $14B as Uptake Slows: Report
The 100 billion yuan figure is also dwarfed by the volumes recorded by the country's top payment providers such as Tencent's WeChat Pay and Ant Group's Alipay. The latter, for example, processed payments worth 118 trillion yuan ($16.4 trillion) in the 12 months ending in June 2021, according to the
Read More
US Jobs Growth Slows Less Than Expected; Bitcoin Slips From $20K
The monthly employment situation report, released by the Labor Department, has become one of the most important economic indicators to watch as the Federal Reserve evaluates the state of the economy. Original Source
Read More
Market Wrap: US Inflation Slows, Crypto Markets Accelerate
BTC jumps sharply on CPI news before moderating. Original Source
Read More
Bitcoin Recovery Slows Down As Whale Inflows Remain Elevated
The latest recovery rally in the price of Bitcoin has now slowed down as on-chain data shows signs of dumping from whales. Bitcoin Exchange Whale Ratio Continues To Be At High Values As pointed out by an analyst in a CryptoQuant post, BTC whales are sending their coins to exchanges at the
Read More
Cryptos Mixed Amid Choppy Trading, Bitcoin Activity Slows
●Bitcoin (BTC): $30,300, +0.90% ●Ether (ETH): $1,823, +0.35% ●S&P 500 daily close: 4,177, +1.84% ●Gold: $1,873 per troy ounce, +1.62% ●Ten-year Treasury yield daily close: 2.91% Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CryptoX
Read More