Bitcoin spikes to $22,330 after dip on worse than expected CPI data
Bitcoin spikes to $22,330 after dip on worse than expected CPI dataThe price of Bitcoin spiked to $22,330 after an initial dip on news of worse than expected consumer inflation data.
Happy TuesdayThe global crypto market cap is $1.02 trillion with a 24-hour volume of $57.11 billion. The price of Bitcoin is $22,067.31 and BTC market dominance is 41.6%. The price of Ethereum is $1,545.57 and ETH market dominance is 18.5%. The best performing cryptoasset sector is AI, which gained 15%.
Latest NewsBitcoin spikes to $22,330 after dip on worse than expected CPI data
The price of Bitcoin spiked to $22,330 after an initial dip on news of worse than expected consumer inflation data. Peter Schiff deems Kevin O’Leary, Mark Cuban crypto sell-outsPeter Schiff pointed out that Kevin O'Leary and Mark Cuban were crypto-skeptical at one time. CZ addresses rumors about Circle telling regulators to look into Paxos/BUSDCZ believes there is no substance to reports that Jeremy Allaire, founder of Circle, secretly told New York regulators to look into Paxos and BUSD. AI sector surpasses Yield farming again to outperform market by 12%A look at the top performing crypto sectors see yield farming and AI outperform Bitcoin over the last 24 hours Binance backs ChatGPT to improve crypto education, adoptionAI will be essential to the widespread adoption of blockchain technology as ChatGPT helps users learn in their own way according to Binance Ethereum’s OFAC-Compliant blocks drop to 47%Gnosis CEO Martin Koppelmann pointed out that while news of Ethereum being less OFAC-compliant is great, there is still a need for more "systemic solutions." CryptoSlate Daily wMarket Update: Bitcoin trades under 22k as market awaits CPI numbersThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. Crypto lost $2.77 billion to hacks, exploits in 2022Nearly half of this amount was stolen through diverse methods including dodging verification, crowd looting, and market manipulation. Blockchain Association files amicus brief in support of Ishan WahiBA: SEC's move to classify nine tokens as securities without prior court order potentially violated the creators' right to defend themselves. Ethereum NFT sales climb 43% in JanuaryEthereum NFT sales for January amounted to $780.2 million — significantly up on the previous month but still 85% down year-on-year. US prosecutors raise concerns over SBF’s use of VPNSBF's lawyers said he only used the VPN to watch the National Football League (NFL) playoffs and the Super Bowl via an international subscription.
Read CryptoSlate in the app Listen to posts, join subscriber chats, and never miss an update from CryptoSlate.
|
Older messages
CZ issues response to SEC vs. Paxos lawsuit
Monday, February 13, 2023
CZ doubled down on his belief that BUSD should not be subject to US securities law and that that the exchange will continue to support BUSD.
Op-ed: Why Sam Bankman-Fried did us all a favor
Saturday, February 11, 2023
The former FTX CEO has been vilified for his role in orchestrating the fraud, however, a deeper look into the overall situation shows he actually did us a favor.
SEC under fire for regulation by enforcement in Kraken staking action
Friday, February 10, 2023
The US securities regulator was blasted for its ham-fisted approach to staking regulation.
Research: BTC, ETH address momentum shows significant divergence
Thursday, February 9, 2023
The new address momentum metrics indicate a sturdy network growth for BTC while showing an opposite sentiment for the ETH network.
IRS broadens tax requirements for crypto to encompass everyone
Wednesday, February 8, 2023
The IRS said tax and reporting requirements are now mandatory for everyone who received, earned, transferred, or sold cryptocurrencies.
You Might Also Like
MicroStrategy buys nearly 80,000 BTC in November, outpacing US Bitcoin ETF purchases
Monday, November 18, 2024
The Michael Saylor-led firm now holds more than 330000 BTC, which valued at around $30 billion. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Talk with Yan Meng: Trump's Election Victory and Its Impact on Crypto Policy, Market Dynamics, and Future Outlook
Monday, November 18, 2024
In this podcast episode, Wu Blockchain founder Colin Wu engages in a dialogue with Yan Meng, co-founder of Solv Protocol, to discuss the potential impact of Trump's election win on the crypto
📈 BTC overtook silver and Saudi Aramco as the 7th-largest asset by market cap; Crypto.com acquired Australian bro…
Monday, November 18, 2024
BTC overtook silver and Saudi Aramco as the 7th-largest asset by market capitalisation; Crypto.com acquired Australian brokerage firm Fintek; BlackRock's BUIDL is available on five more blockchains
Bitcoin futures break records with 29% OI surge in November
Sunday, November 17, 2024
Bitcoin derivatives market surges as institutional confidence grows amid post-election rally. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Asia's weekly TOP10 crypto news (Nov 11 to Nov 17)
Sunday, November 17, 2024
CZ and Vitalik attended an event in Bangkok hosted by Binance Labs in collaboration with the BIO Protocol, showcasing leading DeSci projects. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Navigating DAO Priorities: Balancing Retroactive Rewards and Future Funding | BanklessDAO Weekly Rollup
Saturday, November 16, 2024
Catch Up With What Happened This Week in BanklessDAO ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Gary Gensler claims SEC helped crypto, takes credit for Bitcoin ETFs, dismisses altcoins and hints at resignation
Saturday, November 16, 2024
Gensler also excluded Ethereum and stablecoins from other digital assets which he deems 'non-compliant.' ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Weekly Project Updates: Linea Plans to Launch Token in Q1 Next Year, Movement Set to Launch Mainnet, Over $10 Mill…
Saturday, November 16, 2024
Ethereum Layer 2 network Starknet announced that it will launch STRK token staking on the mainnet on November 26. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Weekly Project Updates: Linea Plans to Launch Token in Q1 Next Year, Movement Set to Launch Mainnet, Over $10 Mill…
Saturday, November 16, 2024
Ethereum Layer 2 network Starknet announced that it will launch STRK token staking on the mainnet on November 26. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Trump could put billions into US Bitcoin reserve without Congress approval
Friday, November 15, 2024
David Bailey suggests over $10 billion could be put into a reserve before needing to get Congress to approve funding. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏