U.S. inflation rate hits 2.9% as Bitcoin remains around $61,000
U.S. inflation rate hits 2.9% as Bitcoin remains around $61,000Core inflation aligns with predictions, Bitcoin's response flat at $61,000.
Happy Wednesday!The global crypto market cap is $2.1 trillion, with a 24-hour volume of $73.51 billion. The price of Bitcoin is $59,538.67, and BTC market dominance is 55.8%. The price of Ethereum is $2,680.09, and ETH market dominance is 15.3%. The best-performing sector is Marketplace, which gained 8%. The Crypto Fear & Greed Index is currently Extreme Fear (30). 📰 Top News
U.S. inflation rate hits 2.9% as Bitcoin remains around $61,000Core inflation aligns with predictions, Bitcoin's response flat at $61,000. 👀 Metric of The Day
Six of the ten leading traditional ETF issuers have yet to introduce a Bitcoin ETF. Bitcoin climbs almost 5% to $61.5k as market reacts positively to Mt. Gox distributionsThe flagship crypto was still up 3.75% over the past 24 hours and trading at $60,770 as of press time, Bitcoin investors show renewed interest in accumulation and holding – GlassnodeLong-term holders are especially accumulating more Bitcoin, following four months of divesting their holdings after the all-time high. Hong Kong court orders financial disclosures in multi-million dollar MANTRA DAO caseThe decision by Hong Kong High Court Judge David Lok comes in a legal battle for the ownership of Mantra DAO.
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📖 Latest Market Report
VIX 101: The fear index that’s shaping the marketCryptoSlate's latest market report dives deep into the VIX to explain its significance, historical context, recent trends, and implications for the crypto industry.
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Apple’s NFC upgrade paves way for USDC tap-to-pay on iPhones, Circle CEO says
Tuesday, August 20, 2024
Apple has updated its NFC chip accessibility to allow payment from third-parties. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Tuesday, August 20, 2024
A long leveraged MicroStrategy ETF has been launched in the US, attracting major investors' interest. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Dubai approves crypto salaries in landmark court ruling
Tuesday, August 20, 2024
The decision contrasts sharply with a similar case in 2023, in which the same court dismissed a claim involving EcoWatt tokens. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
VIX 101: The fear index that’s shaping the market
Tuesday, August 20, 2024
CryptoSlate's latest market report dives deep into the VIX to explain its significance, historical context, recent trends, and implications for the crypto industry. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bettors take profits causing US election odds to plummet on Polymarket
Tuesday, August 20, 2024
Politically charged trading on Polymarket shows strategic maneuvers ahead of the 2024 US election. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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Spot trading volume on major exchanges rose by 17% month-over-month. The top three exchanges by growth rate were Coinbase (61%), Gate (36%), and Binance (24%). ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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