Bitcoin sees CPI volatility as lower inflation sends BTC price to $18K

Bitcoin (BTC) hit new one-month highs on Dec. 13 as United States inflation data sent a surge of optimism through markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price rebound...

Bitcoin Just Surged to $18K. Here’s Why

Alex Dovbnya Bitcoin has managed to reclaim the $18,000 level for the first time since the collapse of the FTX exchange According to the most recent consumer price index (CPI) data released by the U.S...

CFTC Follows SEC by Filing a Lawsuit Against Disgraced FTX Co-Founder Sam Bankman-Fried – Bitcoin News

On Dec. 13, 2022, the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit against Sam Bankman-Fried (SBF), FTX Trading LTD., and Alameda Research. The CFTC alleges that FTX customer depos...

End-of-Year rally for BTC predicted: Tone Vays.

Veteran trader Tone Vays correctly predicted the fall of Bitcoin in 2018.  Vays says right now, BTC is in an enclosed horizontal channel.  He believes there is a higher than 50% probability of an upsi...

Bitcoin Lightning Network To Enable EU-Africa Fiat Payments

The Bitcoin Lightning Network will be facilitating cross-border fiat payments between the EU (UK and Europe) and Africa.  Crypto trading companies CoinCorner and Bitnob have teamed up to introduce cro...

This U.S. Senator discloses vast Bitcoin holdings while talking of 401k plans

Senator Cynthia Lummis believed that everyone should make Bitcoin part of their retirement savings However, BTC’s volatility made the plan contentious Cynthia Lummis, Wyoming’s United States Senator, ...

Bitcoin, Ethereum Price Breaks Higher, Wall Street Expectations On US CPI Inflation

Bitcoin and Ethereum prices break higher before the U.S. Consumer Price Index (CPI) data release for November. Bitcoin (BTC) price jumps a month higher after moving in range since FTX bankruptcy. The ...

Bitcoin, crypto prices buoyant, while Coinbase hits all-time low as Silvergate sinks 12%

Bitcoin and other crypto prices are holding onto gains after better-than-expected inflation data ahead of the Fed’s last rate decision of the year. Crypto stocks didn’t fare so well,...

Analyst Who Called Last Crypto Collapse Warns of Bull Trap, Issues Alert on Bitcoin, Ethereum and BNB

A closely followed trader who called the 2022 crypto collapse is warning of a bull trap after the latest consumer price index (CPI) data came in better than expected. The pseudonymous crypto trader kn...

Bitcoin Price Analysis: 17434 Target Tested

BTC/USD Looks to Sustain Multi-Week Highs:  Sally Ho’s Technical Analysis – 14 December 2022 Bitcoin (BTC/USD) encountered strong upward momentum early in the Asian session as the pair escalated highe...

Former BitMEX CEO Arthur Hayes On Why Bitcoin Price Has Likely Reached Bottom ⋆ ZyCrypto

Advertisement &nbsp &nbsp Former BitMEX CEO thinks that Bitcoin’s prices cannot go any lower after a series of implosions sent prices tumbling. He notes that “irresponsible en...

Bahamian Government Officials Allegedly Asked SBF to Mint Millions of Dollars in New Tokens Amid the FTX Collapse – Bitcoin News

On Monday, court documents from lawyers involved with the FTX Trading LTD Chapter 11 bankruptcy case allege that the government of The Bahamas asked the disgraced FTX co-founder Sam Bankman-Fried (SBF...

Gamers are more interested in earning Bitcoin than NFTs: Survey

While some gamers are against nonfungible token (NFT) integration for games, a large portion are willing to play if they are given opportunities to earn cryptocurrency, according to a recent survey.  ...

BTC, XRP, and SHIB Rally as US CPI Data Comes in Lower than Expected

– Advertisement – The latest CPI report suggests that cost gains eased to 7.1% YoY in November, lower than the expected 7.30% rate. Data from the United States Bureau of Labor Statistics s...

Bitcoin Hits $18,000 on Low Inflation Numbers, Market Reacts Positively

Investors celebrated the latest inflation report from the United States, which came in below market expectations. The consumer price index (CPI) rose 0.1% in November, according to the U.S. Bureau of ...

BTC/USD Kicks Off Above $17,500

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction shows that BTC is seeing some green during this week’s market opening and seems poised to reclaim hi...

Bitcoin Hodler Supply Reaches ATH, But Quiet Period Ahead

Crypto and Bitcoin markets are heading for a lull period if the on-chain activity is anything to go by. In its last weekly on-chain report for the year, analytics provider Glassnode reported that Bitc...

BTC, ETH and the Upcoming US CPI & FOMC Meeting (this Week)

BTC and ETH prices are again gaining momentum. The US CPI announcement and FOMC meeting will be held this week. Prices of major cryptocurrencies affected due to adverse market conditions. BTC, ETH &am...

Amid Speculation and Rumors Surrounding Binance, Exchange Token BNB Suffers Losses From the Alleged FUD – Market Updates Bitcoin News

Following the FTX collapse, the largest cryptocurrency exchange by trade volume, Binance, has been surrounded by rumors and speculation in recent times. On Dec. 12, 2022, Reuters reported that U.S. De...

Binance offloaded $140M in Bitcoin in the last 24 hours

Glassnode data analyzed by CryptoSlate shows that leading exchange Binance offloaded $137 million worth of Bitcoin (BTC) in the last 24 hours. Binance reserves in the last 24 hours In the meantime, ne...

‘Bitcoin Will Go Up’: Senator Lummis Defends BTC In Retirement Plans

With the rapid adoption of bitcoin over the last few years, the digital asset has been able to make its way into traditional finance. One of the most prominent of these was the inclusion of bitcoin in...

Zogi Labs Enters Partnership with Cronos to Launch The Legends of Bezogia – Sponsored Bitcoin News

sponsored Dubai, December 13th – Zogi Labs, a pioneering crypto company & gaming studio famously known for the BEZOGE token and the up-and-coming crypto-based MMORPG, The Legends of Bezogia today ...

Bitcoin is on the verge of a bullish breakout; $18k BTC in sight?

After weeks of consolidation, Bitcoin (BTC) and the general cryptocurrency market has recorded a short-term rally in reaction to positive inflation data on December 13. The rally has seen Bitcoin hit ...

Bitcoin price analysis: Bullish momentum heats up as BTC taps the $17,700 level

Recent Bitcoin price analysis reveals the cryptocurrency is making a strong move higher as it approaches the $17,700 level. The price spike has evolved after a period of consolidation of around $17,00...

AVAX Hits 1-Week High, as LTC Also Climbs Following US Inflation Data – Market Updates Bitcoin News

Avalanche rose to a one-week high on Tuesday, as markets reacted to the latest inflation report in the United States. Consumer prices rose to 7.1% in November, which was lower than the 7.3% markets ha...

Bitcoin spikes to $18,000 on better than expected CPI data

The release of November’s Consumer Price Index (CPI) data showed inflation at 7.1% year-on-year (YoY). This came in better than the estimated 7.3% figure. Bitcoin spiked 2.6% on the news and was tradi...

CPI Rates at the Lowest Levels in the Past 6 Months Uplifts the Bitcoin Price Close to $18,000!

Bitcoin & Ethereum prices have been trading slightly higher levels than the previous couple of days, manifesting minor recovery phase While the crypto markets are heading towards the end of yearly...

Bitcoin Volatility Sinks To Multi-Year Lows As Chaotic 2022 Approaches Quiet End

Data shows the Bitcoin realized volatility has plunged to multi-year lows this month, implying that the chaotic 2022 might be looking to end on a more quiet note. Bitcoin Short-Term Realized Volatilit...

US Securities Watchdog Charges Sam Bankman-Fried With Fraud Over FTX Collapse – Bitcoin News

According to a statement published on Dec. 13, 2022, the U.S. Securities and Exchange Commission (SEC) has charged the disgraced FTX co-founder Sam Bankman-Fried (SBF) with defrauding investors. SEC c...

Bitcoin Price Breaks $18,200 – CPI Comes In Better Than Expected

The first of two key events in a historic week for Bitcoin and financial markets worldwide is in the books. While the CPI release was today at 8:30 ET, the last FOMC meeting of the year is scheduled t...

Bitcoin, Ether Jump After U.S. CPI Report Shows Slower-Than-Expected November Inflation

Bitcoin (BTC), the largest cryptocurrency, which has been relatively steady so far in December, jumped 1.6% in the minutes after the report was released, to about $17,930; it’s up 5.2% over the ...

Cooling Inflation Has Bitcoin, Stocks Heating Up

Bitcoin and ether rallied Tuesday morning on cooler-than-anticipated inflation data ahead of the Federal Reserve’s interest rate decision.  Inflation rose 7.1% year-over-year in November, coming ...