According to the latest Bureau of Labor Statistics Consumer Price Index (CPI) report, U.S. inflation remains scorching hot as it has risen at the fastest yearly rate since 1981. June’s CPI data reflec...
Tag: June
Over $200 Million Liquidated on Bitcoin Turbulence as CPI for June at 9.1%
The number of liquidated traders and the value of liquidations skyrocketed to over $200 million on a daily scale as BTC, and the entire crypto market experienced enhanced volatility following the reco...
Massive Bitcoin Volatility as US Inflation Clocks in at 9.1% for June
The US inflation numbers are in for June, and they continue going up. With this, BTC’s price is also experiencing enhanced volatility as the numbers clock in. Data from the US Bureau of Labor Statisti...
Binance Coin (BNB) Creates Second Higher Low Since June 18.
Binance Coin (BNB) is at the middle of a parallel channel that has been in place since Nov 2021. Whether it reclaims the midline or gets rejected by it could determine the direction of the future tren...
U.S. June inflation report circulating on internet Tuesday is fake, Bureau of Labor Statistics says
The U.S. Bureau of Labor Statistics said Tuesday that a release circulating online purporting to show June inflation data, due for release on Wednesday morning, was a forgery. “We’re aware of a fake ...
June 2022 – Monthly Research Key Data – ETH Gas Price Decreased by Almost 16%
HodlX Guest Post Submit Your Post Key data The average Ethereum gas price decreased by 15.8% in June compared to May. The total number of active wallets decreased by 14.5% in June compared to May. ...
Reversal Pattern Plans a Revisit to June low Support
Published 7 hours ago Feeling to surpass the 50-day EMA, the SAND price action shows a double top pattern formation in the daily chart. The bearish pattern has a neckline at the psychological mark of ...
$0.37 Breakdown May Slump LRC to June Low
Published 8 hours ago Over the past two months, the Loopring (LRC) price has wobbled in a descending triangle pattern. Moreover, the coin price has recently retested the falling trendline, which may t...
Tron (TRX) and Chronoly (CRNO) set to skyrocket in June 2022 – Here’s why
This term, “risk-adjusted return,” is used to describe an investment’s potential for both absolute return and risk. It’s important to remember that not all returns are created equal and as a result, s...
Greenidge Generation’s Bitcoin Mining Production Rose 18% in June
Greenidge Generation Holdings Inc., a US-based Bitcoin mining company, announced its mining production increased by about 18% in June. According to its monthly operating update released on Monday, Gre...
June Inflation Report In Next 48hrs! How Will This Impact Bitcoin Price?
While Bitcoin and other cryptocurrencies are trying to recover, all eyes are on the June consumer price index (CPI) data which is scheduled to be published on July 13. Investors and traders are keen t...
Uniswap Volume Crashes More Than $25 Billion in June to 10-Month Low
Uniswap saw a steep decline in trading volume during the month of June, the lowest the decentralized exchange (DEX) has recorded since July 2021. June proved to be a difficult month for the entire cr...
Marathon’s bitcoin production fell by 47.8% in June after storm knocked much of its mining fleet offline
Marathon self-mined 140 bitcoin in June — a 47.8% month-over-month reduction that was mainly a consequence of a storm that knocked 75% of the company’s active mining fleet offline. The bitcoin m...
Will ADA Price Hit June highs at $0.54 in the Next 48 Hours?
Cardano price saw an uptrend over the past few days after a week-long of consolidation above the $0.44 level. After rallying to a high at the $0.49 level on July 8th, ADA/USDT price saw a minor pullba...
Bitcoin miner Iris Energy reports revenues down 27% in June
Iris Energy reported a mining revenue of $3,546,000 for the month of June — down roughly 27% from the previous month. The company’s average hash rate remained at the same level (1.165 exahash pe...
Hive Blockchain reports 278.5 BTC mined in June
Crypto mining firm Hive Blockchain produced 278.5 BTC and 2,542 ETH in June. The company currently holds 3,239 bitcoin and 7,667 ether, according to a statement on Thursday. Hive increased its bitcoi...
U.S economy added 372,000 jobs in June: ‘no sign of a recession’
S&P 500 is in the green on Friday after the Bureau of Labour Statistics said the U.S. economy added 372,000 jobs in June versus 250,000 expected. Jason Furman reacts to the jobs report At 3.60% (i...
Stocks Fall After U.S. Economy Adds Back 372,000 Jobs In June
Topline The stock market opened slightly lower on Friday despite solid gains earlier this week, as investors assessed a stronger-than-expected jobs report amid ongoing fears that the Federal Reserve’s...
Labor Market Added 372,000 Jobs In June As Layoffs And Recession Fears Grow
Topline The U.S. labor market—one of the economy’s strongest pillars during the pandemic recovery—added back 372,000 jobs in June, performing better than economists projected amid concerns the Federal...
Argo sold 637 bitcoin in June in an effort to strenghen its balance sheet
Bitcoin miner Argo Blockchain became the latest big mining firm to reveal that it sold bitcoin last month. The firm sold 637 bitcoin in June, at an average price of $24,500, according to a statement o...
Hive Blockchain Says Produced 278.5 BTC and 2,542 ETH in June
Hive Blockchain stated that it currently holds 3,239 bitcoin (BTC) and 7,667 Ethereum (ETH) after producing 278.5 BTC and 2,542 ETH in June. The crypto mining firm also stated that it increased its bi...
These 4 Stocks Are Bouncing Off The June Lows
Upward. getty These 4 stocks are bouncing so well off of their June lows that they’ve each managed to establish new 50-day highs. That is, they’re higher now than at anytime in the past 50 days of tra...
Riot Blockchain Saw a 73% YoY Increase of BTC Production in June
One of the leading cryptocurrency mining firms – Riot Blockchain – mined 421 BTC in June this year, a considerable increase compared to the 243 BTC produced in June 2021. The company has also started ...
Costco sees 20% bump in sales for June
Costco Wholesale Corp. saw a 20.4% bump in its June sales, the retailer reported Thursday. The company announced that it had $22.78 billion in net sales for the retail month of June, which spanned the...
EVs Help China’s Geely Auto Rebound In June; Stock Gains 6.7% In Hong Kong
Li Shufu, chairman of Zhejiang Geely Holding Group Co., in 2018. Photographer: Qilai Shen/Bloomberg © 2018 Bloomberg Finance LP Geely Automobile Holdings, a China automaker controlled by billionaire L...
Argo Blockchain Sold More BTC Than What it Mined in June
The UK-based cryptocurrency mining firm – Argo Blockchain – mined 179 BTC last month. However, due to the current market conditions and its loan agreement with Galaxy Digital, the company had to sell ...
CleanSpark sold nearly all 339 bitcoin it mined in June
Bitcoin miner CleanSpark increased its production in June by almost 9% compared with the previous month, mining a total of 339 BTC. The company also sold nearly all bitcoin mined in June, according to...
New Preferred Stock IPOs, June 2022
* As June 2022 comes to a close, we look back at the new preferred stocks and ETDs introduced during the month, offering annual yields ranging from 6.25% to 13%. * Here is a comparison against highest...
Core Scientific Sells Massive 7202 Bitcoins in June 2022 to Cover Operational Costs
Bitcoin mining giant Core Scientific has to sell more than 85% of its BTC holdings last month to repay other scheduled debts and cover operational costs. The brutal correction in the crypto market has...