Breaking: Bitcoin Jumps 17% Breaks $26K As US CPI Inflation Cools To 6%

Crypto News: Bitcoin (BTC), the world’s largest digital asset price jumped by a whopping 18% over the past 24 hours to break the $26k price level. This spike comes after the February inflations look t...

This Week on Crypto Twitter: Lawyers Lay Into SEC, Elon Musk Cools on Crypto

Illustration by Mitchell Preffer for Decrypt Even though it was the first two consecutive weeks of losses this year, Crypto Twitter was largely unfazed. Instead, a host of other topics took center sta...

NEO Price Pulls back From February’s Explosive 102% Breakout As the China Narrative Cools Down

Join Our Telegram channel to stay up to date on breaking news coverage February has been a hectic month for the cryptocurrency industry, starting with a 0.25% hike in interest rates by the United Stat...

BTC price cools on latest US data as Bitcoin liquidates $80M in shorts

Bitcoin (BTC) trended toward $24,000 at the Feb. 16 Wall Street open after fresh macroeconomic data from the United States overshot estimates. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingVi...

Amazon dials back air cargo service as demand cools, contractor says

An Amazon-branded Boeing 767 freighter, nicknamed Amazon One, flies over Lake Washington during the Seattle Seafair Air Show on Aug. 5, 2016 in Seattle. Getty Images One of Amazon‘s key air carg...

ApeCoin Price Analysis & Prediction (Feb 1st) – APE Cools Off After Soaring to a Three-Month High, Set For a Loss?

Apecoin rallied throughout the month and took a break after facing rejections at a key resistance level over the past few days. It may correct lower if the buyers fail to show more commitment. Startin...

IMF hikes global growth forecast as inflation cools

The IMF has revised its global economic outlook upwards. Norberto Duarte | Afp | Getty Images The International Monetary Fund on Monday revised upward its global growth projections for the year, but w...

China Stock Rally Cools as Benchmark Flirts With Bull Market

(Bloomberg) — China’s stocks pulled back from the verge of a bull market, with the muted reopening from a week-long Lunar New Year break indicating that traders are waiting on new catalysts. Mos...

Warning Signs Flash for Ethereum as Rally Cools Down (ETH Price Analysis)

Ethereum’s price surge has seemingly halted after rallying over the past couple of weeks. With multiple key resistance levels broken, the market seems likely to enter a bullish phase. However, some wa...

Inflation Cools, But Less Demand Doesn’t Mean Recession Imminent

Eggs are displayed at a grocery store, Wednesday, Jan. 11, 2023, in Marietta, Ga. The national … [+] average price for a dozen eggs hit $3.59 in November, up from $1.72 a year earlier, according...

World’s Biggest Chipmaker TSMC Tops Estimates, Bucking Trend as Industry Cools

(Bloomberg) — Taiwan Semiconductor Manufacturing Co. reported quarterly profit that exceeded analysts’ estimates, using its clout to boost earnings even as the chip industry braces for a potenti...

BOJ Shocks; US Inflation Cools

(Bloomberg) — Bank of Japan Governor Haruhiko Kuroda shocked markets earlier this week by doubling a cap on 10-year yields, in a move that helps pave the way for possible monetary policy normali...

Key Inflation Gauge Cools, US Consumer Spending Misses Forecasts

(Bloomberg) — The Federal Reserve’s preferred inflation measures eased in November while consumer spending stagnated, suggesting the central bank’s interest-rate hikes are helping to cool both p...

Fed Hikes Rate by 50bps, Sends BTC Below $18K as Crypto Rally Cools Off (Market Watch)

The decision of the US Federal Reserve to hike interest rates by 50 basis points put an end to the most recent crypto rally. Bitcoin’s price tumbled below $18K as the entire market took a beating. Bit...

Hotel prices, airfare decline as travel demand cools

The pool at Turtle Bay Resort on Oahu’s North Shore. Amanda Macias | CNBC Consumer prices for hotels, motels and other lodging dropped nearly 5% in November from October, according to the latest...

XRP wipes $800 million from its market cap in a day as buying pressure cools off

XRP has enjoyed a sustained rally in recent weeks despite the general cryptocurrency market operating in bearish conditions. Notably, the asset has received a boost from the ongoing case between its p...

U.S. Jobless Claims Touch 240,000 As Labor Market Cools

Applications for unemployment benefits in the United States reached a three-month high last week, which is a sign that the labor market is beginning to loosen its grip after a wave of layoffs at techn...

Inflation Cools, Bitcoin and Stocks Bounce

Cryptocurrencies and equities posted significant gains Thursday following several sessions in the red as inflation data came back better-than-expected and digital asset traders digested the fall of FT...

Meta Prepares Large-Scale Layoffs as Metaverse Interest Cools Off

Facebook parent company Meta is planning to shed a large portion lot of staff beginning this week. It’s the latest tech giant to lay off employees, following Twitter last week. Social media and tech g...

Big Tech Looks Ahead To A Potentially Bleak Q4 And The Housing Market Cools Off

AFP via Getty Images TL;DR Silicon Valley’s finest have not had a great Q3, and things are looking worse for Q4 The housing sector remains strong over the past 12 months, but it appears to be screechi...

SHIB Burn Rate Spikes 1,720% After Shiba Inu Price Cools Down

Gamza Khanzadaev Shiba Inu burning shows multi-directional performance during SHIB’s wild price rise The recent rise in SHIB quotations has triggered changes to the cryptocurrency’s burn r...

Analysts warn Bitcoin’s price could tank further as volatility cools down

For years, Bitcoin (BTC) has long been associated with high price volatility, a factor that has kept most investors away. However, the situation is changing, with Bitcoin appearing less volatile than ...

Atlis Motor Vehicles cools after a jump of 186%. Was it a bull trap?

Atlis Motor Vehicles (NASDAQ:AMV) is a newcomer in the electric vehicle sector. However, it is taking the stock market by storm after two consecutive days of gains. As of press time, Atlis was trading...

Don’t look for a stock market bottom until a soaring dollar cools down. Here’s why.

It will be difficult for the stock market to stop its slide and find a bottom as long as the U.S. dollar keeps soaring versus its rivals, according to market analysts. Global stocks suffered a bruisin...

Ubisoft Cools Off On NFTs And Blockchain

Guillemot appears to be walking back some of the company’s enthusiasm for NFTs Ubisoft announced its first foray into NFTs in December They are testing ground with some games Yves Guillemot, the Presi...

Toll Brothers And 2 Other Homebuilding Stocks To Watch As The Housing Market Cools Off

. Homebuilding Stocks Recent News Prior to 2022 operators in the homebuilding industry benefited from rising per capita disposable income, accommodative interest rates set by the Federal Reserve and i...

Ubisoft cools off on NFTs and blockchain, says it’s in ‘research mode’

Yves Guillemot, the CEO of French gaming giant Ubisoft, appears to have cooled the rhetoric behind the company’s nonfungible token (NFT) gaming project Quartz, noting in a recent interview that it was...

More home sellers drop their asking price as the housing market cools

Daniel Acker | Bloomberg | Getty Images Home sellers are getting nervous, as the once hot housing market cools fast. One in five sellers in August dropped their asking price, according to Realtor.com....

Stocks Rally As Labor Market Cools Slightly, Taking Some Pressure Off The Fed

Topline The stock market moved higher on Friday after the August jobs report came in slightly lower than expected and dropped significantly from last month, which helped ease investor concerns that a ...

Bitcoin and Ethereum Plunge as Merge Rally Cools Off: This Week’s Crypto Recap

Things took a turn for the worse in the past seven days as the leading cryptocurrencies plunged. The total market capitalization is down some $115 billion in seven days as multiple leading coins dropp...

Dogecoin and other dog-themed memecoins rally while crypto market cools off

Dogecoin is up more than 10% today, while the broader crypto market shows signs of slowing down after a rally last week.   At the time of writing, dogecoin was trading at $0.085, up more than 21% over...

Inflation Cools in July, but Probably Not Enough to Change the Fed’s Course

Consumer prices held steady in July compared to the month before, as the Consumer Price Index rose 0% during the month, the Bureau of Labor Statistics reported Wednesday. Using July 2021 as a baseline...