Key Takeaways The U.S. Consumer Price Index data for July has come at 8.5%, 20 basis points lower than economists’ expectations. The cooling suggests inflation may have peaked in June, meaning t...
Tag: Cools
Bitcoin pauses as crypto market cools down
After around 5 days of upwards price action which added nearly $4000 to the bitcoin price, the market has cooled down somewhat after being rejected from the $24,000 level. The technicals for bitcoin ...
‘Very small chance’ BTC price could hit $24K, says trader as US dollar cools
Bitcoin (BTC) fought to reclaim $20,000 on the July 12 Wall Street open as the U.S. dollar cooled its surge to new two-decade highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Dollar ...
Mortgage Rates Fall Again, Home Price Growth Cools, Roe V. Wade Influences Homebuyers
This week in the housing world, mortgage rates declined for the second consecutive week as home price growth slowed, the level of mortgage delinquencies remained low and the Roe v. Wade controversy pe...
Bitcoin price crosses US$22K; Fed cools recession fears
Reuters Lawsuit accuses troubled crypto lender Celsius Network of fraud A former investment manager at Celsius Network sued the crypto lender on Thursday, saying it used customer deposits to rig the p...
Bitcoin price approaches potential springboard to $23K as DXY cools surge
Bitcoin (BTC) approached the July 6 Wall Street open near $20,000 as a fresh battle between support and resistance loomed. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Whale levels clos...
Unconvincing price moves as the economy cools
This post was originally published on TKer.com. Inflation data released last week was mixed. It certainly wasn’t the “clear and convincing” evidence of cooling prices that the Federal Reserve has been...
Technology Stocks Head for Historic Wipeout as US Economy Cools
(Bloomberg) — Skeptics have long made a sport of predicting that the decade-long rally in technology stocks was destined to reverse. At the halfway point of 2022, it seems like this is the year ...
JPMorgan Lays Off Home Lending Employees As Housing Market Cools
Topline JPMorgan Chase—the nation’s largest bank—laid off hundreds of home lending employees Wednesday, Bloomberg reported, as rising mortgage rates and increased inflation continue to cool a once-hot...
As Crypto Cools Down, The Blockchain Events Calendar Is Heating Up
The world of blockchain is growing fast, and though the recent bloodbath in cryptocurrency prices has left a bitter taste in the mouths of many “hodlers”, there’s a lot to look forward too with the bi...
Terra(LUNA) Cools Down After a Huge Rally, Solana(SOL) Price Feared to Plunge to $80 Again!
Terra’s (LUNA) price nowadays has made huge headlines with its spike in the past couple of days. While it was speculated that the asset would hit the $100 milestone yet again, a significant plunge hin...
NFT Market Cools as Trading on Ethereum and Solana Dips
In brief Overall NFT trading volume fell in February after a record-breaking January. Ethereum trading fell 33%, says DappRadar, while Flow and Avalanche recorded increased NFT volume in February. Fol...
Bitcoin Rally Cools Down But BTC Whales Are Becoming Increasingly Active
After a solid start to the week, the Bitcoin rally has finally called down as the BTC price rests currently at $43,500 with 24% gains on the weekly charts. The Bitcoin and crypto market rally come on ...
Ethereum on-chain activity cools off during macro uncertainty
Investors’ concern of the impact of the Fed monetary policy decisions over the US financial markets has been affecting crypto markets as well during the last 2 months. Particularly, we’ve seen crypto ...