[ad_1] Bitcoin price saw a brief pull-back following July 13’s high inflation print, but the rebound seen in BTC and altcoins suggests that buyers are buying the dip. [ad_2] Source link
[ad_1] Bitcoin (BTC) fell $800 in minutes on July 13 as the latest United States Consumer Price Index (CPI) data came in far ahead of estimates.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewDollar smashes new 20-year highs on hot CPIData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it dived under $19,000 minutes after the June CPI print, which put U.S. inflation at 9.1%.Expectations had favored 8.8% CPI year-on-year, this still
[ad_1] Dogecoin (DOGE) has missed a much-anticipated technical upside target and is down nearly 10% over the past week amid an ongoing spat between Elon Musk and Twitter.Musk hurts DOGE priceTo recap: Musk, whose companies Tesla, SpaceX, and Vegas Loop accept DOGE payments, had suggested introducing the same checkout option on Twitter this April.Bitcoin spoofs a breakout while Dogecoin jumps on Elon Musk's Twitter takeover news. https://t.co/dlMH5u5jaf— Cointelegraph (@Cointelegraph) April
[ad_1] Reading Time: 3 minutes Mt. Gox could have been resurrected had Brock Pierce got his way Pierce tried to buy Mt. Gox in 2014 and 2019 but failed on both occasions Gox Rising would have replaced the old exchange Mt. Gox is back in the news, with payouts to creditors expected in weeks. However, things could have been very different if an audacious plan from EOS.io founder Brock Pierce
[ad_1] In a fresh episode of the longstanding battle between the Central Bank of Russia (CBR) and the country's Ministry of Finance, representatives of the former have criticized the latter’s idea of supporting the stablecoins, which some private investors have sought to launch in the country. According to local media, an unnamed representative of the central bank dismissed talk of Russia-based stablecoins, started last week by the Ministry of Finance’s director of financial policy
[ad_1] Solana (SOL) still has room to fall in the near term, but SOL/USD can rally 5,000% if it follows in the footsteps of its top rival Ethereum. That Ethereum 2018 fractalSOL risks dropping to $15 on anticipations it would behave like Ethereum during the market crash in 2018.Notably, Ethereum's native token Ether (ETH) price fell to nearly $79 in December 2018 after undergoing a 95% correction earlier that year from
[ad_1] Bank of England (BoE) deputy governor for financial stability, Jon Cunliffe, recommended forming a set of regulations — similar to conventional financial systems — to tackle risks within the crypto ecosystem while improving investor confidence. Speaking at a press conference, Cunliffe highlighted the recent downfall of the Terra ecosystem, pointing out that cryptocurrencies that fail to maintain their value induce stress across crypto markets. He compared his idea for a crypto
[ad_1] The decline in Cardano (ADA) price this year has prompted some of its richest investors to accumulate the token.Cardano sharks in buying spreeNotably, addresses holding between 10,000 and 100,000 ADA, also called "sharks," have added 79.1 million tokens (~ $37.7 million as of July 9) to their reserves since June 9, according to data from Santiment. Cardano shark addresses. Source: SantimentMeanwhile, Cardano "whales" that hold between 100,000 and 1
[ad_1] Traditional venture capital funds drive valuations through multiple funding rounds. Startups aim for initial public offerings or other exits. Then the sharemarket decides upon a more realistic valuation. But in cryptoland, tokens introduce market capitalization while a company is being built.This means there are a lot of competing interests and agendas. Token sales for Web3 startups can be the bastard child of a personality cult leader founder and a bunch
[ad_1] Shiba Inu (SHIB) has grown stronger against its top "memecoin" rival Dogecoin (DOGE) in the last two months, in part due to the token's periodic token burning events and a flurry of project announcements that promises to boost its utility.Why is the SHIB price rallying?In detail, SHIB/DOGE gained a little over 40% after bouncing from 0.0001120 on May 12, its lowest level on record. SHIB/USD four-hour price chart. Source: TradingViewCoin
