In a move that has left both traditional and crypto markets in disarray, the Federal Open Market Committee (FOMC) held its fourth policy meeting of the year on June 12 and decided to keep interest rates steady at their current range of 5.
Bitcoin’s price has soared past $69,000 after the latest US Consumer Price Index (CPI) for May showed a slight decline. Available data shows that the much-anticipated US CPI inflation data was better than several experts’ predictions.
Healthcare tech developer Semler Scientific has announced an additional purchase of 247 BTC for $17 million in cash. Santa Clara-based healthcare tech firm Semler Scientific has acquired an additional 247 BTC for $17 million in cash as part of its…
While crypto prices stayed relatively flat after the Fed’s minutes, U.S. stocks traded downwards on the slim likelihood of hawkish decisions due to inflation levels.
While there are crypto-specific factors that can boost Bitcoin, there’s no denying that prices are often influenced by macroeconomic and global events. Sometimes, Bitcoin’s price can suddenly leap or plunge without warning. And in many cases, this is because of…
Fidelity’s Wise Origin Bitcoin Fund (FBTC) emerged as the top performer on May 15, recording an inflow of $131 million as market data shows a total net inflow of $303 million from the broader spot Bitcoin (BTC) exchange-traded fund (ETF)…