Bitcoin price turns shaky ahead of potential Fed rate cut and weak global economic data
Bitcoin price wobbles near $58,000 as uncertainty over the Fed’s monetary policy decision looms and traders eyeball weak economic data in China.
Bitcoin price wobbles near $58,000 as uncertainty over the Fed’s monetary policy decision looms and traders eyeball weak economic data in China.
Russia’s crypto pivot is continuing apace, with the northeastern region of Komi Republic announcing plans to build 15 new crypto mining data centers.
BeInCrypto’s comprehensive Europe Crypto Roundup covers the latest news and trends shaping the continent’s crypto landscape. With reporters across key markets like Germany, France, and the UK, we provide in-depth insights into evolving regulatory env
The recent US CPI inflation data has fueled discussions over the potential Fed rate cut in September. While a flurry of experts has trimmed their bets towards a 125 bps rate cut in 2024, CITI appears to have remained stuck to the more dovish stance b
Binance has launched a new tokenomics data feature on its platform, which it says will help users trade smarter.
Bitcoin price shed nearly 4% after the US Nonfarm Payrolls (NFP) or US jobs data came in cooler than expectations. This sudden crash in BTC caused the crypto markets liquidations of nearly $300 million on September 6. Investors are wondering if Bitco
According to Victor Yu, co-founder of Carv, the current digital ecosystem favors data distributors over data creators. While he acknowledges the usefulness of regulatory frameworks like the General Data Protection Regulation (GDPR) and California Con
Making sense of the jobs report that didn’t necessarily clear up what size of rate cut the Fed could opt for
The US non-farm payroll data shows that 142,000 jobs have been added in August, down from what the market was expecting. Following this data, which indicates a cooling Labor market, the market is now betting over a half-point rate cut at the upcoming
Bitcoin miners are eyeing AI data centers amid declining revenues — Will this costly shift pay off?
Bitcoin price fell closer to $56,000, leading traders to question whether the bull market is coming to an end. US job market data could hold the answer.
Converting mining sites to AI data centers involves significant infrastructure differences. Efficient energy management is crucial for AI data centers. Continue Reading:Experts Discuss Challenges in Converting Bitcoin Mining Sites to AI Data Centers
On-chain data shows Ethereum has notably outpaced Bitcoin in terms of adoption during the last three months, a sign that could be positive for ETH. Ethereum Has Seen Its Holder Count Go Up By 3.3% In Last Three Months According to data from the on-ch
Bitcoin (BTC) is under significant pressure after experiencing a substantial 14% retrace from $65,103 to $55,602. This downturn is occurring amidst a climate of fear and uncertainty impacting both the cryptocurrency and US stock markets. Related Read
According to CEO Phil Harvey, Bitcoin miners will average roughly $1.50 in revenue per terahash every month during the current market cycle.
US investors led crypto product outflows, totaling $318 million. Germany and Sweden had smaller outflows, while Switzerland and Canada saw slight inflows. Continue Reading:Investors Lead Crypto Product Exits Due to Strong US Economic Data The post In
“Liquidation data from exchanges are bogus and a vast underrepresentation of actual liquidation volumes in the market,” according to K33 Research.
Chainlink incorporated Cardano’s ADA and six other cryptocurrencies into its Data Streams platform, providing real-time data for the assets. The… The post Chainlink Data Streams Officially Adds Cardano first appeared on The Crypto Basic.
ETH ETFs recorded positive inflows on Wednesday as Bitcoin reserves on crypto exchanges hit a new low for the year.
MATIC has seen a significant value drop, but data suggests a potential bullish turnaround for the token.