Crypto Analyst Predicts High Bitcoin (BTC) Volatility Ahead of Today’s US CPI Data Release

The cryptocurrency market is gearing up for a potentially volatile trading session as investors await the release of the United States Consumer Price Index (CPI) data for April. The CPI data, scheduled for release at 12:30 PM UTC today, is expected to have a major impact on Bitcoin and the broader crypto market, according to […] The post Crypto Analyst Predicts High Bitcoin (BTC) Volatility Ahead of Today’s US CPI Data Release appeared first on CaptainAltcoin.

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Bitcoin’s tight correlation with US equities highlights market anticipation of CPI data release

Quick Take Bitcoin remains the primary indicator of global liquidity, with its price movements often preceding those of other risk-on assets. This dynamic was evident in the recent market cycle, as Bitcoin hit an all-time high on March 13, coinciding with the biggest ETF inflow since launch on March 12, over $1 billion, and the […] The post Bitcoin’s tight correlation with US equities highlights market anticipation of CPI data release appeared first on CryptoSlate.

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Challenging the notion of ‘Stag’ or ‘Flation’

Quick Take Federal Reserve Chair Jerome Powell dismissed concerns about stagflation following the release of the latest US economic data. In his speech following the Fed’s decision to keep fed funds rates at 5.

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Vested crypto tokens worth over $3B to be unlocked in May

Sui, Pyth Network, Avalanche, Arbitrum and Aptos are set to release vested crypto tokens in May, according to data tracker Token Unlocks.

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May crypto token unlocks valued over $3.6b

TokenUnlocks data revealed some 19 crypto projects are scheduled to release at least $10 million worth of coins into circulation this month. 

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Aevo and Pyth lead May’s $3 billion crypto token unlock wave

The crypto market will experience its second token unlock of over $3 billion for this year in May, according to Token Unlocks data. Token unlocks involve the gradual release of coins initially held to discourage early investors or team members from rapidly selling their large-volume holdings.

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UNI falls after SEC’s Wells notice; BTC bounce lifts KangaMoon (KANG)

Uniswap (UNI) has declined double-digits following news of a Wells notice from the US Securities and Exchange Commission (SEC). Bitcoin price, which dropped below $69k ahead of and immediately after the latest CPI data release, has bounced to near $71k, lifting some of the top altcoins.

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Bitcoin sinks below $68k following US inflation data release

March's annual consumer price index in the U.S. was 3.5%, and Bitcoin reacted with a decline.

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Bitcoin Retreats Amid ETF Outflows, Market Awaits CPI Report

Bitcoin price retreats to $68,000, spot ETFs see outflows. Market awaits key CPI data release. The post Bitcoin Retreats Amid ETF Outflows, Market Awaits CPI Report appeared first on BeInCrypto.

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Pyth Network expands offerings with W/USD price feed and USDB stablecoin

Pyth Network, a leading provider of decentralized financial data, has announced the release of its highly anticipated W/USD price feed alongside the introduction of the USDB stablecoin. These developments mark significant milestones for the network and are poised to enhance its capabilities within the burgeoning decentralized finance (DeFi) landscape. What does W/USD price feed offer? […]

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Entangle Announces Launch of its Photon Cross-Chain Messenger in Web3

Entangle, a Web3 data infrastructure firm, announced it is set to redefine web3 communication with the launch of its lightning-fast cross-chain messenger, Photon. Following successful testing ahead of the Entangle mainnet release, Photon poses as the fastest cross-chain messenger in the Web3 ecosystem, boasting remarkable speeds facilitated by its innovative transmitter Agents. Photon: Fastest Cross-Chain […]

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Pyth Network welcomes Ambient as data provider to elevate Web3 development

Pyth Network has revealed a new collaboration with a decentralized exchange Ambient, popular for its unique 2-sided AMMs. According to the press release, the strategic alliance aims to enhance Pyth Network’s data security and quality.

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Worldcoin faces probe in South Korea over privacy concerns

South Korea has initiated an investigation into Worldcoin over privacy concerns, following complaints about the collection of facial and iris recognition data. In a press release on Mar. 4, South Korea’s Personal Information Protection Commission says it will investigate Worldcoin…

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Bitcoin Price Breaks Past $51,500: 4 Key Reasons

On Tuesday, the Bitcoin price plunged from $49,900 to $48,300 following the release of the US inflation data. As NewsBTC reported, the data came in hotter than expected. Instead of 2. 9%, headline CPI came in at 3.

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Bitcoin retreats below $49k as CPI release dashes hope of rate cuts

Bitcoin (BTC) price saw a significant pullback, erasing gains from Monday as investors recalibrated their expectations for the Federal Reserve’s monetary policy following the release of January Consumer Price Index (CPI) data.

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Is Binance's dominance under threat?

CME catches up with Binance in terms of Open Interest. BNB's price remains unaffected as it continues to surge. Binance [BNB], with its recent release of proof of reserve data, has provided The post Is Binance's dominance under threat? appeared first on AMBCrypto.

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Ethereum  Reclaims $2,400 After Jobless Claims Data Release; InQubeta Aims High for 2024

Ethereum (ETH) is a top altcoin to watch right now as its prices broke the $2,400 resistance level for the second time in the last 30 days after jobless claims in the U. S. rose to 218,000, higher than market estimates that predicted 210,000.

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Bitcoin in Retreat, Will This Week’s Economic Events Send it Further Back?

Bitcoin's value is declining ahead of a busy economic week, including the Federal Reserve's policy meeting and core CPI data release. Ethereum and other altcoins are also experiencing losses. The post Bitcoin in Retreat, Will This Week’s Economic Events Send it Further Back? appeared first on BeInCrypto.

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United Nations selects HBAR Foundation, Envision for blockchain-based carbon data marketplace

HBAR Foundation in a collaboration with the United Nations, Envision Blockchain and Swirlds Labs unveiled a new digitization platform for carbon markets. According to a press release on Monday, Dec.

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Fed Minutes Release May Be a Non-Event for Bitcoin

The minutes of the Nov. 1 Fed meeting may be outdated, given the post-meeting softness in economic data and resulting expectations for renewed interest-rate cuts in 2024.

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Bitcoin (BTC) Price to $40,000? Here’s What to Expect Ahead of US CPI Data Release 

On-chain analysis examines if Bitcoin (BTC) price will retreat or rebound toward $40,000 ahead of the US CPI data release. The post Bitcoin (BTC) Price to $40,000? Here’s What to Expect Ahead of US CPI Data Release  appeared first on BeInCrypto.

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New Tether CEO Pledges to Release Real-Time Reserves Data

Newly appointed Tether CEO, Paolo Ardoino, plans to publish real-time data on the company's reserves starting in 2024 to increase transparency amid regulatory scrutiny. The post New Tether CEO Pledges to Release Real-Time Reserves Data appeared first on BeInCrypto.

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BNB Chain announces Greenfield mainnet

BNB Greenfield is a decentralised data storage network that offers fast uploads and downloads. Its mainnet release marks a new era for Web3 data ownership, the BNB Chain team said in an announcement.

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Bitcoin price holds steady following surprising US PPI uptick, eyes on upcoming CPI data

Quick Take Bitcoin is currently treading water around the $27,000 mark, reflecting a modest 1% decrease following the release of a higher-than-anticipated U. S. Producer Price Index (PPI) year-on-year (YOY) result of 2.

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Tether Group denies stake size in Northern Data investment

The world’s largest stablecoin is reported to have spent $420 million on 10,000 H100 GPUS from the Bitcoin miner Northern Data, according to a report in Forbes. However, a press release from Tether issued the next day stated this report…

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New crypto compliance and risk management tech analyzes over 2 billion wallets’ data

CertiK, a firm specializing in blockchain and smart contract security, has announced the release of a new SkyInsights tool to address the growing needs related to crypto compliance and risk management in the Web3 industry.

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Headline CPI Expected to Have Spiked Higher in August, but Core Rate Seen Slowing

The U.S. government on Wednesday morning will release its latest official inflation data.

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Trump NFTs sales volume skyrocket by 3,700% following mug shot release

Former U. S. President Donald Trump’s NFT collections trading volume spiked by more than 3700% following his surrender to authorities in Georgia on Aug. 24. According to Coingecko data, the former President’s collection Series 1 and 2 trading volume jumped by roughly 300% and 3,750% in the last 24 hours to 18.

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Crypto Critic Peter Schiff Reacts to CPI Data: 'Fed Lost'

Bitcoin skeptic Peter Schiff makes epic claim following CPI and inflation data release

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Sandbox Set For $133 Million Token Unlock, A Bearish Trigger For SAND Price?

Decentralized gaming platform, The Sandbox is set to execute a SAND token release valued at $133. 86 million. According to data from TokenUnlocks, Sandbox will release 332. 55 million SAND tokens into circulation on August 14, representing 16.

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Major Week Ahead For Bitcoin And Crypto: 3 Must-Watch Events

For the Bitcoin and crypto market, the upcoming week promises to be a pivotal one. While the US Consumer Price Index (CPI), Jobless Claims, Producer Price Index (PPI) and Michigan Consumer Sentiment are all on the horizon, three events stand out as particularly: the July release of the CPI and PPI data, as well as […]

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Why Is Bitcoin Price Up Today?

The Bitcoin price tagged a new yearly high yesterday at $31,840, leaving market participants wondering about the driving forces behind this bullish momentum. The Power of Economic Indicators One of the crucial factors contributing to Bitcoin’s upward trajectory was the release of the United States Producer Price Index (PPI) data.

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CoinMarketCap Unveils Explosive Exchange Data Report for First Half of 2023

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First Mover Asia: Crypto Market Is on ‘Standby’ as Release of June Inflation Data Nears

PLUS: A Freely Convertible Yuan is a Requirement for a CNY Stablecoin

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Arkham Intelligence Rolls Out Crypto Data Marketplace; Privacy Advocates Cry Foul

On-chain data provider Arkham Intelligence has announced the release of a marketplace that allows people to buy and sell on-chain cryptocurrency data.

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Aptos (APT) Gains By 10% Ahead Of July Token Release

APT, the native token of the Aptos Network, is currently making market waves as it prepares for its upcoming token release in July. According to data by CoinMarketCap, APT has gained by 10. 14% in the last 24 hours, emerging as part of the top gainers in today’s market.

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Reddit hackers want $4.5m and ethical conduct from the company

A cybercriminal group known as BlackCat, also referred to as ALPHV, has issued a threat to release 80GB of compressed data stolen from Reddit during a security breach in February 2023.

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How will Non-Farm Payroll affect Bitcoin price? These Cryptos Might Explode

As Bitcoin wrestles with the prevailing bearish momentum, all eyes are on the upcoming Non-Farm Payroll (NFP) data – one of the most eagerly-anticipated events on the economic calendar. This data release has the potential to jolt Bitcoin’s value in either direction – with some analysts speculating that $BTC could hit $30,000 if the release … Continued The post How will Non-Farm Payroll affect Bitcoin price? These Cryptos Might Explode appeared first on BeInCrypto.

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Price analysis 5/10: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

Bitcoin and select cryptocurrencies are trying to start a rebound following the CPI data release, but bulls may find it difficult to continue the recovery at higher levels.

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Over $790M worth token unlocks scheduled for May

There are 21 token unlocks scheduled during May, which will release over $794 million worth of tokens into circulation in total, according to Token Unlocks data. Optimism (OP) will host the largest unlock worth $329 million, according to the Token Unlocks numbers.

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Space And Time Announces Beta Release Of Its Long Anticipated Data Warehouse

Space and Time, the first Web3 hybrid data centre, announced the beta release of its data warehouse and developer suite. Space and Time is delivering a novel solution, the first verifiable data warehouse that packages a full suite of developer tools.

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Space and Time’s launches beta release of its data warehouse

Space and Time, a leading decentralised data warehouse, has launched the beta version of its network. The release also includes a developer suite that the platform says will see developers leverage provable computation to power applications.

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Space and Time’s Data Warehouse Launches to Power Applications in a Verify-Everything World

Space and Time, a leader in decentralized data, today announces the beta release of its data warehouse and developer suite.

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FVM Launched, Where Should Be Focus To Make The Filecoin Ecology Flourish?

Filecoin’s Smal Highlights At the beginning of 2023, Filecoin issued an article sharing three major changes this year, namely FVM, data computing and retrieval market updates. The updates quickly attracted widespread attention from the market after their release.

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Space and Time partners Microsoft to bring real-time blockchain data to Azure

Space and Time and Microsoft want to make it easy for Azure customers to integrate blockchain data into business processes. The one-click deployment will help enterprises bridge blockchain, data assets and AI, the two companies said in a press release.

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Bitcoin trades steady following lower unemployment than expected in jobs data

Bitcoin held steady following a near miss on expected jobs added. On the release of employment data, the leading cryptocurrency recorded a 0. 5% swing in the 13:30 (BST) 15-minute candle, topping out at $27,980.

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Over $330M worth of token are scheduled to unlock in April

A total of 17 tokens unlocks are scheduled during April, set to release over $330 million worth of tokens into circulation, according to data from Token Unlocks. The post Over $330M worth of token are scheduled to unlock in April appeared first on CryptoSlate.

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Italy Data Regulator Imposes Ban on ChatGPT for Allegedly Breaching Data Privacy

Coinspeaker Italy Data Regulator Imposes Ban on ChatGPT for Allegedly Breaching Data Privacy In a press release, the GDDP said it is investigating ChatGPT following a ban on the wildly popular OpenAI chatbot.

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IntoTheBlock Launches Advanced Risk Management Indicators for Benqi & Euler 

IntoTheBlock, the blockchain data analytics firm, is thrilled to announce the alpha release of a new product for risk analysis in DeFi; The IntoTheBlock Risk Radar. The Risk Radar aims to shed light on the most relevant economic factors that can put DeFi deposits at risk of losses.

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