Crypto Market Recovers Despite Higher Inflation Rate

2022-10-14T16:35:00+5:30

Bitcoin prices surge by 5%

Bitcoin, the world’s largest crypto price has jumped by more than 5% in the last 24 hours. BTC is trading at an average price of $19,677, at the press time. This surge came after the release of the inflation data.

2022-10-14T15:45:00+5:30

GTA to support crypto?

All kinds of rumors have been spread all over the internet alleging that much anticipated game GTA 6 will be supporting crypto as a reward system. However, if this turns out to be true then will be another boost for the crypto industry.

2022-10-14T14:30:00+5:30

Justin Sun adds Millions of Huobi Token

Tron founder Justin Sun declared that he is holding tens of millions of Huobi tokens. As per reports, 74 million HT tokens were transferred from the two official wallets to two new addresses on October 13. Huobi token prices are up by 80% in the last 7 days.

2022-10-14T13:30:00+5:30

Binance announces $500 million miner project

The world’s largest crypto exchange laid out the plan to help the crypto mining community. The Binance Pool declared that it will be launching a $500 million miner lending project in order to support BTC mining and other projects.

2022-10-14T13:00:00+5:30

US Inflation data and Bitcoin price

Bitcoin Prices have jumped by 3.5% in the last 24 hours despite recording a higher inflation rate than expected.

BTC is trading at an average price of $19.6K. However, September’s inflation rate is calculated to be 8.2% which is higher than the expected rate of 8.1%.