btc
Bitcoin Slumps After US Core CPI Rises to Highest in 4 Decades
Bitcoin (BTC) tumbled nearly 3% in the minutes after the latest U.S. Consumer Price Index (CPI) report showed inflation rose to a 40-year high in September. "The Hash" panel discusses the inflation numbers and what they mean for the crypto markets.
Core Case for Crypto Is ‘Almost Bullet Proof’: Strategist Says
Bob Iaccino, Path Trading Partners co-founder and chief market strategist, joins "First Mover" to discuss his investment strategies for bitcoin (BTC) and ether (ETH), and why the core case for crypto is "almost bullet proof."
Bitcoin Drops Below $19K as Inflation Increased 0.4% in September
Bitcoin (BTC) slipped to $18,300 following the 0.4% increase in Consumer Price Index for the month of September. Bob Iaccino, Path Trading Partners co-founder and chief market strategist, discusses his crypto outlook amid recession concerns.
Bitcoin Appears Due for Price Swing
Bitcoin (BTC) appears due for a price swing in either direction according to the Bollinger bandwidth, which is used to gauge periods of high and low volatility. The technical indicator has fallen to its lowest level since October 2020. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Holding Steady Amid Heightened Market Volatility
Bitcoin (BTC) is holding remarkably steady amid heightened volatility in nearly every traditional market asset, including U.S. government bonds, which are widely regarded as the safest, according to the American Economic Review. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
El Salvador’s Bitcoin Adoption ‘Largely Underwhelming’: Researcher
September marks the one year anniversary of El Salvador recognizing bitcoin (BTC) as legal tender. LSE Public Policy Fellow Frank Muci discusses the outcomes of El Salvador’s bitcoin experiment. Plus, more insight on President Bukele's plans to seek reelection as the country's debt rating is downgraded by Fitch.
Crypto Funds Saw $5M in Outflows Last Week, Suggesting Positive Sentiment
According to CoinShares data, crypto funds saw outflows totaling $5 million last week, suggesting positive sentiment. BTC recorded its fourth straight week of inflows totaling $12 million, while short-bitcoin investment products saw outflows totaling a record $15 million.
Bitcoin Slips Below $20K as October Doldrums Continue
Bitcoin (BTC) has yet to find inspiration in what has historically been a strong month, trading flat at $19,300. Opimas CEO and founder Octavio Marenzi discusses his crypto outlook ahead of the CPI report this week. Plus, insights into the correlation between bitcoin and gold.
Argo Blockchain Raises $27M to Ease Liquidity Pressures; US Jobs Report Impact on Bitcoin
London-based bitcoin (BTC) miner Argo Blockchain has raised $27 million after agreeing to issue 87 million shares to a sole investor. Plus, the U.S. added 263,000 jobs in September, slightly more than expected but still reflecting a weakening labor market.
September US Jobs Growth Slightly More Than Expected; Bitcoin Slips From $20K
U.S. employers added 263,000 jobs in September, according to the Labor Department's late jobs report. That's slightly more than expected but still reflects a weakening labor market. Bitcoin (BTC) fell about 2% on the news. "The Hash" hosts discuss the latest job numbers and the revelations about the state of the economy.