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Bitcoin
Market Wrap: Bitcoin Weakens as US Inflation Hits 13-Year High
Buyers are snapping at bitcoin whenever it dips to $30,000, but the cryptocurrency’s price response to faster inflation readings is puzzling Wall Street analysts.
US June Consumer Price Index Rose Faster Than Expected
Financial markets from stocks to bonds to cryptocurrencies have been fixated on inflation readings as the economy reheats.
Fed's Bullard Says Time Is Right to Scale Back Stimulus; Bitcoin Unmoved
The Fed's taper talk presents downside risk to liquidity-addicted financial markets.
Bitcoin's Range Play Likely to End With Bullish Breakout: Analyst
"Intermediate-term momentum has been improving based on the MACD histogram," one analyst said.
US Financial Giant Capital Group Buys 12% Stake in Bitcoin-Exposed MicroStrategy
The purchase provides the firm with indirect exposure to MicroStrategy's more than 105,000 bitcoin reserves.
Market Wrap: Bitcoin Drops as Traders Await June CPI Inflation Report
Analysts described the muted activity in spot, derivative and on-chain metrics as "calm before the storm."
Bitcoin Listless as New 'Bearish Crossover' Looms
Bitcoin's long-term moving averages are about to produce yet another bearish crossover.
Synthetix Rallies as DeFi Protocol Announces Layer 2 Launch
"SNX's upside is in part supported by the latest update from the team in relation to the planned collaboration with Optimism," one analyst said.
El Salvador Could Face 'Limitation' on Bitcoin's Use as Medium of Exchange: JPMorgan
The bank points to bitcoin's illiquid nature, volatility and U.S. dollar conversion risk as major limitations for its use as legal tender.
Crypto Long & Short: A Bear Market Doesn’t Spell Doom
Plus: China’s Bitcoin crackdown, and why bitcoin isn’t a “boomer coin.”
