WorldPingWhy Bitcoin Barely Moved Even as US Inflation Cools to 3.4%
The tamest U.S. inflation print in months left crypto markets flat, with Bitcoin shrugging off the data hit. Here's why.
Brief by WorldPing · Original reporting by Decrypt
WorldPingU.S. inflation cooled for a second straight month in July, another sign that spring’s energy-driven price shock is fading even as inflation remains stubbornly above the Federal Reserve’s 2% target. The U.S. Consumer Price Index (CPI) rose 0.
This is a short WorldPing brief. The full report was published by Bitcoin.com.
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WorldPingThe tamest U.S. inflation print in months left crypto markets flat, with Bitcoin shrugging off the data hit. Here's why.
Brief by WorldPing · Original reporting by Decrypt
WorldPingBitcoin Magazine Bitcoin Yawns As Fed’s Favorite Inflation Gauge Eases Bitcoin's price was largely flat on news that US inflation was subdued in July.
Brief by WorldPing · Original reporting by Bitcoin Magazine
Readings for July on the prices consumers pay for goods and services came in pretty much on target.
Brief by WorldPing · Original reporting by CNBC Markets
WorldPingA fixed-rate crypto-backed loan lets you borrow against BTC, ETH, or SOL while keeping your coins. Here's how they work.
Brief by WorldPing · Original reporting by Decrypt
WorldPingTether’s USDT supply has declined by about $4 billion on a 60-day rolling basis, according to Cryptoquant data. Analysts say the drop may reflect investors moving back into fiat, weaker speculative demand, and changing incentives across the stablecoin market.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingPlan B Network director Giacomo Zucco says BIP-110’s failure exposed the challenges of recreating Bitcoin’s early development.
Brief by WorldPing · Original reporting by The Block