Investors should be attentive to “continued divergence in direction between headline and core measures as compared to prior periods,” Michael Weisz, president of Yieldstreet, said. “Core categories, such as housing costs, tend to be ‘stickier’ in terms of price movements, and can give insight into future inflation expectations.” Original
Day: October 13, 2022
First Mover Americas: Bitcoin Falls to $18.1K After CPI Data
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 13, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Original
Investors Wanting to Outsource Crypto Portfolio Management Have Options
Many investors are discouraged by the tremendous learning curve that must be mastered in order to properly build a portfolio of cryptocurrencies and tokens, but the good news is that these investors can outsource the management of their crypto portfolio Source
New York Cares Non-Profit Highlights Using Web3 for Good With NFT Fundraise
Although fundraising efforts have seen success over the last three years, Keith A. Grossman, TIME President and New York Cares Board Member, told CryptoX that he’s not only passionate about raising money for underprivileged students, but also about implementing technologies to propel a new wave of philanthropic efforts. Source CaresFundraiseGoodHighlightsNFTnonprofitWeb3York CryptoX Portal
Crypto Quant Data Hints An Imminent Bitcoin Price Rally, Will It Be Strong?
The beginning of 2022 has been rocky for the world’s largest cryptocurrency, Bitcoin. Many experts believe the digital token will eventually hit the $100K price. For them, this is not a case of if but when. Deutsche Bank also reported that some Bitcoin investors see BTC reaching a price of $110,000 in five years. Meanwhile, experts warn new crypto investors, stating they should be cautious about how much they wish to invest. They mentioned this considering the volatility of BTC in recent times. The token had displayed a remarkable rise…
BTC Below $19,000 Following FOMC Minutes – Market Updates Bitcoin News
Bitcoin was trading below $19,000 on Thursday, as markets reacted to the latest Federal Open Market Committee (FOMC) minutes. In the minutes, the Federal Reserve hinted at upcoming hikes, while also acknowledging a level of surprise at the rate at which inflation has risen. Ethereum moved below $1,300 in today’s session. Bitcoin Bitcoin (BTC) was back in the red on Thursday, as markets reacted to the latest Federal Open Market Committee (FOMC) minutes. September’s minutes showed that the U.S. Federal Reserve was relatively surprised at the rate at which inflation…
Ether Exits Triangular Price Consolidation With 4% Drop
A softer-than-expected U.S. inflation data is needed to save the day for ether bulls. Source
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Draft Law Seeks to Oblige Kazakhstan’s Crypto Miners to Exchange Bulk of Income in Country – Mining Bitcoin News
Cryptocurrency miners in Kazakhstan are to be required to convert up to three quarters of their income on locally registered exchanges, according to a new bill that’s advancing in the nation’s legislature. Lawmakers also want to make sure crypto companies pay their taxes and fees. Parliament of Kazakhstan Votes on Bill Regulating Activities of Crypto Miners and Exchanges A draft law designed to create a regulatory framework for both the production and circulation of digital assets in Kazakhstan has been approved on first reading in the Mazhilis. The bill and…
Crypto Mining Firm BitNile to Start Bitcoin-Based Marketplace Next Year
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