Crypto News
-
Tokyo-based Bitcoin trade, Mt. Gox is getting ready to launch a considerable quantity of Bitcoin (BTC) into the market, signaling the upcoming disbursement of funds to collectors who had been affected by its hack assault in 2011. Mt. Gox Set To Launch 142,000 Bitcoin Into Market Reviews from Reddit reveal that the Kraken Bitcoin (BTC) and Bitcoin Money ...
-
Cypher protocol contributor “Hoak” confessed to stealing over $184,077 in community funds to feed a growing gambling habit in a public statement on Twitter on Tuesday. “I know likely nothing I say or do will make things better—perhaps other than rotting in jail,” the pseudonymous developer wrote. “To address the elephant in the room, the allegations are ...
-
When the yield curve flattens and eventually inverts, you worry. But it’s when a recession hits, the Fed cuts rates and the curve steepens that you become s**t scared. Yield curve dynamics represent a crucial macro variable, as they inform us on today’s borrowing conditions and on the market future expectations for growth and inflation. An inverted yield ...
-
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in April on a seasonally adjusted basis, after rising 0.4 percent in March, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.4 percent before seasonal adjustment. The index for shelter rose in April, as did the index for ...
-
Retail sales were weaker than expected in April, furthering concerns about the state of the consumer amid sticky inflation and higher interest rates. Retail sales were flat in April from the previous month, according to Census Bureau data. Economists had expected a 0.4% increase in spending, according to Bloomberg data. This marked a slowdown from the 0.6% ...
-
Business activity continued to decline in New York State, according to firms responding to the May 2024 Empire State Manufacturing Survey. The headline general business conditions index was little changed at -15.6. New orders declined significantly, while shipments held steady. Unfilled orders continued to decline. Delivery times shortened, and inventories ...
-
Forecasters expect a monthly report on US consumer prices to show inflationary pressures moderated in April after three straight worse-than-anticipated readings to start the year. ...
-
Inflation likely stayed higher than Fed officials would like in April if early forecasts are correct. The cost of living as measured by the Consumer Price Index likely rose 3.4% ...
-
Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on hold for an extended period. Speaking ...
-
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in April on a seasonally adjusted basis, after rising 0.4 percent in March, the U.S. Bureau of Labor ...
-
The plan is still in early stages of development. China's central government (State Council) is encouraging feedback from regional authorities on what is said to be a large scale ...
-
Retail sales were weaker than expected in April, furthering concerns about the state of the consumer amid sticky inflation and higher interest rates. Retail sales were flat in ...
-
Go long after a bullish price action reversal on the H1 timeframe following the next touch of $61,180, $59,807, or $58,309. Put the stop loss $100 below the local swing low. Move the stop loss to break even once the trade is $100 in profit by price. Take off 50% of the position as profit when the trade is $100 in profit by price and leave the remainder of ...
-
Bitcoin has rallied pretty significantly during the early hours on Monday as we continue to see a lot of support near the $60,000 level. We did break down below it about a week ago, but quickly turned around to show signs of strength again as the buyers came in to pick up the cheap coins, as it were. That is the general attitude of this market overall, to ...
-
Discover Binance’s latest offerings! Introducing the Funding Rate Arbitrage Bot and full access to Spot Copy Trading. Enhance your trading strategies today! Binance, the prominent blockchain ecosystem behind the largest crypto exchange by trading volume, has launched a new Funding Rate Arbitrage Bot and fully rolled out Spot Copy Trading to all eligible ...