Bitcoin (BTC) fell further after the Sep. 13 Wall Street open as the dust settled on unexpectedly high United States inflation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price eyes 9% daily losses Data from Cointelegraph Markets Pro and TradingView showed BTC/USD giving up $21,000, down up to 8.45% on the day. Bearish tendencies set in after the U.S. Consumer Price Index (CPI) print for August arrived 0.2% higher than expected. This in turn boosted the likelihood of a 75 or 100-basis-point key rate hike next week by the…
Day: September 13, 2022
AVOID THIS CRYPTO TRAP (Don't Be Fooled)!! Bitcoin News Today, Ethereum Price Prediction (BTC & ETH)
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io AVOID THIS CRYPTO TRAP (Don’t Be Fooled)!! Bitcoin News Today, Ethereum Price Prediction (BTC & ETH) Welcome back to the Crypto World! In this video I reveal my next Ethereum Price Prediction and my next Bitcoin Price Prediction! Make sure to watch the WHOLE video so you don’t miss out on this valuable information & leave a LIKE and SUBSCRIBE for more videos like this! ๐ฐ Learn Technical Analysis Here ๐ ๐ ๐ค FREE $1,000 USDT AIRDROP ๐ ๐ โบ I trade…
La inflaciรณn de los Estados Unidos de agosto es mรกs alta de lo previsto y bitcoin cae 4%
La inflaciรณn bรกsica, mรกs seguida por traders, aumentรณ 0,6% en agosto, un incremento mucho mรกs alto que el de julio. Original
Latinoamericanos acuden a stablecoins vinculadas al dรณlar estadounidense a medida que aumenta la inflaciรณn
El reporte publicado por la firma de infraestructura de blockchain Paxos dijo que las criptomonedas, en particular las stablecoins vinculadas al dรณlar, son atractivas para los latinoamericanos, quienes confรญan mรกs en la moneda estadounidense que en sus propias monedas nacionales con hiperinflaciรณn. El informe no mencionรณ quรฉ stablecoins estรกn utilizando los usuarios. Source
Dips be damned, El Salvador is stronger because of Bitcoin
Bitcoin is helping El Salvador to regain its monetary sovereignty, providing its citizens with financial opportunities, and solving problems the country has historically faced. After Salvadoran President Nayib Bukele announced his plan in July to offer to repurchase publicly held bonds maturing between 2023 and 2025, El Salvadorโs sovereign debt totaled more than $20 billion. Admittedly a massive amount relative to the Salvadoran economy, it was unrelated to the decision to accept Bitcoin as legal tender. Rather, myriad factors play into El Salvadorโs debt. In 1982, 39 years before the…
Crypto Lender Maker Turns to Staked Ether to Reduce USDC Influence
Some $49 million worth of stETH has flowed into the vault since the ceiling was raised, data from tracking service Daistats shows. Staked ether is a token supplied to users who lock up ether on Lido, a staking service, and receive the stETH tokens in return. More than 245,377 stETH is locked on Maker, the data shows. Maker has a total value locked of $8.4 billion. Source
Canadian PM Justin Trudeau Attacks Opposition Party for Recommending Bitcoin as Inflation Hedge
The main opposition leader Pierre Poilievre propounded bitcoin as an inflation-beating asset early this year. Original
โ BTC CRASH โ More to come? Bitcoin price analysis – Crypto News Today
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BitGo sues Galaxy Digital for acquisition breach, seeks $100M in damages
Digital asset custodian BitGo has filed a lawsuit against Mike Novogratzโs cryptocurrency investment firm Galaxy Digital for terminating the formerโs acquisition. BitGo took to Twitter on Tuesday to disclose details of its lawsuit against Galaxy after the latter terminated the $1.2 billion acquisition deal with BitGo in mid-August. Filed on Monday, the lawsuit seeks more than $100 million in damages, accusing Galaxy of โimproper repudiationโ and โintentional breachโ of its acquisition agreement with BitGo, the firm said. BitGo said they filed the lawsuit with Delaware Chancery Court, stressing that the…
Team Behind Ethereum’s PoW Fork Aims to Launch Network 24 Hours After The Merge โ Altcoins Bitcoin News
While The Merge is expected to take place in less than two days, the Ethereum proof-of-work (PoW) fork is scheduled to go live 24 hours after the transition, according to ETHW developers. On August 8, 2022, ETHW exchanged hands for $141 per unit and today the crypto asset is down 73% lower in USD value. ETHW Mainnet to Launch 24 Hours After The Merge After Ethereumโs Merge takes place and the blockchain transitions to proof-of-stake (PoS), a new forked token will be born called Ethereumpow (ETHW). On September 12, 2022,…