The U.S. consumer price index (CPI) fell by 0.1% in June. The decline, primarily due to reduced gasoline prices, brought the annual inflation rate to its lowest in over three years. This news comes after U.S. President Joe Biden was accused of tapping into gasoline reserves ahead of the election to gain favor with voters. […]
U.S. spot bitcoin exchange-traded funds (ETFs) saw their first day of inflows following two days of outflows. The 11 funds garnered $ 143.1 million during Friday’s trading sessions, closing out the week on a positive note. Friday’s ETF Action Bounces Back After 2 Days of Outflows On Friday, the 11 spot bitcoin ETFs performed …
While bitcoin’s price was at $ 60,382 on July 3, it dropped significantly to $ 53,550 two days later before rebounding back to $ 56,642 by 12:50 p.m. EDT on July 5. Notably, nine dormant bitcoin wallets created in 2013, 2016, and 2017 became active on Friday, moving 133.41 BTC valued at …
Amid the bitcoin price decline and the German government transferring millions of dollars worth of BTC, Tron founder Justin Sun announced on X that he is prepared to purchase the remaining BTC from the German government. “I am willing to negotiate with the German government to purchase all BTC off-market in order to minimize the […]
Bitcoin’s price fell beneath the $ 60,000 mark on Monday, declining over 6% against the U.S. dollar. At 1:30 p.m. EDT on June 24, the currency’s price hit an intraday low of $ 59,809 per coin. Bitcoin Struggles Against Bearish Market, Slides to Near $ 60K Level This Monday proved tumultuous for …