Bitcoin hit an upswing ahead of the Fed’s inflation-focused meeting on March 22nd to decide rate hikes. The price of Bitcoin (BTC) climbed sharply on news that US inflation had met Dow Jones and Nomu...
Tag: February
PPI February 2023:
Wholesale prices posted an unexpected decline in February, providing some encouraging news on inflation as the Federal Reserve weighs its next move on interest rates. The producer price index fell 0.1...
Bitcoin Smashes Past $26K as CPI Report Shows Inflation Held Steady in February
Bitcoin soared past $26,000, a price not seen since last Summer, on the back of the latest CPI print that showed inflation in the U.S. is still very much alive. The Consumer Price Index (CPI) rose 6...
Bitcoin Breaks $26K as U.S. Inflation Slowed to 6% in February
“The macro backdrop is transitioning from that of tightening to significant loosening, or at least this is what the market is predicting,” Bob Ras, co-founder of Sologenic, a blockchain-powered ...
Here’s the inflation breakdown for February — in one chart
A customer shops at a grocery store in Brooklyn on Feb. 14, 2023. Michael Nagle/Xinhua via Getty Images The annual inflation rate in February continued its gradual cooling trend, though it remained we...
3 takeaways from the February US CPI report
The story of the day for financial market participants comes from the United States. The February inflation report was released today – a critical piece of data ahead of next week’s Fed decision. It s...
Consumer prices rise 6% over last year in February, slowest since Sept. 2021
Inflation showed continued signs of cooling off in February but remained stubbornly high and well above the Federal Reserve’s 2% target in the year’s second month, according to the latest ...
Exness trading volume surges to $3 trillion in February
Exness, an online forex brokerage firm, releases its financial report for the month of February 2023, showing a stronger trading volume in all the areas of its trading business. As per the reports, th...
CPI inflation February 2023:
Inflation rose in February but was in line with expectations, providing a key input into whether the Federal Reserve continues to raise interest rates. The consumer price index increased 0.4% for the ...
Massive Bitcoin Volatility as February CPI Clocks in at 6% YoY
The CPI numbers are in. As always, this caused a considerable uptick in market volatility, with the price of Bitcoin doing rounds. At the time of this writing, BTC trades at above $25,000. Source: Tra...
Global AUM of crypto ETPs rose to $28 billion in February: Fineqia
The cryptocurrency market is seeing yet another rough patch as prices fall amid negative sentiment around collapsed crypto-friendly banks Silvergate Bank and Silicon Valley Bank. But the declines bein...
Rootstock integrated 7 DeFi protocols in February
Rootstock, a censorship-resistant and permissionless Bitcoin sidechain, added seven DeFi protocols, integrated new tools, and removed the BTC/rBTC two-way peg as they move closer to complete decentral...
Here’s where the jobs are for February 2023 — in one chart
The U.S. labor market surprised to the upside yet again in February, powered by continued strength in the service sectors of the economy. The leisure and hospitality sector added 105,000 jobs last mon...
Gaming Dapps are Less Active in February; Research Reports
DappRadar stated that February tends to be a slow month for the blockchain gaming industry. The platform reported that the average dUAW of February represents a sharp decline. Except for Wax, all othe...
Virtual worlds trading volume grew 230% in February
Ad The trading volume for virtual worlds in web3 recorded 229% growth in February and returned to its pre-Luna crash levels, according to DappRadar’s recent report. During the month, the trade count d...
Voyager Dumps 5.62T Shiba Inu Since February, 952B in Two Days
The bankrupt lender still holds 3.87 trillion SHIB tokens, valued at $39 million. Since February, Voyager, the bankrupt cryptocurrency lending platform, has sold off $67.54 million worth of Shiba Inu ...
Mawson Infrastructure Group Inc. Announces February 2023 Operational Update
Mawson’s installed operational capacity as of February 28, 2023 was approximately 50 Megawatts across Bitcoin Self-Mining and Hosting Co-locations Approximately $2.2m in revenue for February 2023 gene...
WisdomTree Reports Monthly Metrics for February 2023
Over $2.7 billion net inflows Record global AUM over $87 billion NEW YORK–(BUSINESS WIRE)–WisdomTree, Inc. (NYSE: WT), a global financial innovator, today released monthly metrics for February 2023, i...
Ripple’s XRP Back to the Spotlight With February Highs
Altcoin News Today, XRP is the only coin that has significant gains in its price. XRP price surged over 4% in a day. Today’s major mover was Ripple native cryptocurrency XRP, as prices surged for a fo...
February 2023 Tech Earnings Roundup
(Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images) AFP via Getty Images Key takeaways Earnings season was mixed in the tech sector, with cost cutting and layoffs the story of...
Sustainable sources mined over 90% of BTC during January, February
Ad Miners that use sustainable energy sources accounted for 91.3% of Bitcoin (BTC) mining during the first two months of the year, according to data shared by Climate Tech Vice President Daniel Batten...
Crypto Layoffs Eased Up In February Compared To The Start Of The Year
Advertisement     Layoffs in the virtual currency industry slowed down in February compared to a chaotic January. Only 570 employees lost their jobs in the cryptoverse...
Core Scientific Announces February 2023 Production and Operations Updates
Operated approximately 213,000 owned and colocated bitcoin miners Produced 1,362 self-mined bitcoin and 403 bitcoin for colocation customers AUSTIN, Texas–(BUSINESS WIRE)–$CORZQ #bitcoin—Core Scientif...
TeraWulf Announces February 2023 Production and Operations Updates
Increased self-mining hash rate capacity by > 82% month-over-month to 2.6 EH/s as of February 28, 2023. Energized Nautilus Cryptomine, the first nuclear-powered bitcoin mining facility in the U.S.,...
ADP jobs report February 2023:
A worker prepares a 155mm artillery shell at the Scranton Army Ammunition Plant in Scranton, Pennsylvania, U.S., February 16, 2023. Brendan McDermid | Reuters Companies added jobs at a brisk pace in F...
Argo Blockchain Records High Bitcoin Production and Revenue in February 2023
World-leading cryptocurrency miner Argo Blockchain recorded increased Bitcoin production despite the rise in network difficulty. On March 7, the company released its operations update for February 202...
FTX CEO billed $305,000 for February, bankruptcy lawyers cash in too
New FTX CEO John Ray III had a profitable February, with a payday of $305,000 according to new documents released to the public. Attachment 1 of document 811 filed by Kroll — the firm overseeing the F...
Bitcoin traders eye $19K BTC price bottom, warn of ‘hot’ February CPI
Bitcoin (BTC) failed to react at the March 6 Wall Street open as consensus formed around a potential violation of $20,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $19,000 BTC price...
Top 10 NFT sales in February 2023
February 2023 has been a good month for the non-fungible token (NFT) market: it recorded some of the top single sales on NFTs. Global NFT sales have surged in the last month, reaching $835 million, th...
Hackers Plundered $21.41M from DeFi Platforms in February 2022
In February 2023, hackers managed to steal $21.41 million of digital assets from DeFi platforms. This information came from DeFi Llama, a total value-locked (TVL) aggregator. This steeply rose from Ja...
NFT market erupts with $2 billion trading volume in February: Report
The NFT market saw increased sales volume in February. OpenSea Polygon recorded an all-time high in monthly sales volume. The Non-Fungible Token [NFT] market continued to show vigorous growth and attr...