Does the Fed Need to Cut Now? Bitcoin Crumbles Back Below $113K After ISM Services PMI
A stalwart in showing strong economic activity, the ISM Services PMI has moved notably slower over the past three months. Adding to the shocking downward…
Tag: BTC
Whale Revives Profit-Taking Concerns as Bitcoin Holds Flat: Crypto Daybook Americas
Bitcoin’s Asian session bounce from $117,500 ran out of steam near $119,200 during European hours, extending two weeks of directionless trading. The CoinDesk 20 (CD20) Index traded 1.4%…
Grayscale Files Confidential Submission for IPO With SEC
The asset manager joins a number of crypto firms that are looking to go public as the digital assets market heats up. Grayscale Investments said…
Trump Media Share Buyback to be Funded Separately From BTC Treasury Strategy
Trump Media recently raised more than $2 billion from around 50 institutional investors to create a BTC treasury. Trump Media and Technology Group (DJT), the…
U.S. CPI Rose Softer Than Expected 0.1% in May, Sending Bitcoin Higher
The core rate rose just 0.1% as well, far less than the 0.3% forecast. There was good news on the U.S. inflation front in May…
Good Vibes Shattered as Trump Revives Trade War, Sending Bitcoin Tumbling Below $109K
The president Friday morning threatened an imminent 50% tariff on all EU imports as well as a 25% levy on imported Apple iPhones. What was…
Bitcoin Hits New Record High, Surging to $109.4K
The price surpassed the giddy level hit just hours prior to the inauguration of President Trump on January 20. Bitcoin BTC$106,546.31 clinched a fresh record price…