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Bitcoin hugs $29.5K into CPI as odds split over new US inflation spike

Bitcoin (BTC) hovered near $29,500 on Aug. 10 as markets braced for a fresh United States Consumer Price Index (CPI) print.BTC/USD 1-hour chart. Source: TradingViewTrader warns of Bitcoin "downside" despite CPI volatilityData from Cointelegraph Markets Pro and TradingView showed BTC price action stabilizing in the run-up to the CPI release

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SEC Crypto Crackdown on Coinbase and Binance Generates 444% Spike in DeFi Trading Volumes

Following a recent strike at major crypto exchanges, the SEC has inadvertently caused an over 400% rise in trading volumes on DeFi platforms. The ongoing crypto crackdown by the US Securities and Exchange Commission (SEC) has come with a silver lining for the crypto industry, especially for decentralized finance (DeFi). According

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NVDA Shares Spike 25% to ATH after Nvidia Reported Better than Expected Q1 Results amid Huge AI Demand

In Q1, Nvidia partnered with ServiceNow, Medtronic, Dell Technologies, and Microsoft’s Azure to build generative AI for its array of products. Nvidia Corporation (NASDAQ: NVDA) shares jumped nearly 25 percent during Wednesday’s extended trading period to trade around $380.65, a new ATH. The American multinational tech company reported its financial results

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