Crypto News
Bitcoin and Ethereum Dive as U.S. Inflation Remains at 3.5%
At the time of writing, the Bitcoin price has slipped to below $68,000 and the Ethereum price is threatening to go lower than $3,400.Source link
Rate Cuts Could be ‘Out the Window’ After March CPI Data Reveals Stubborn Inflation, Tradestation Exec...
The U.S. Consumer Price Index (CPI) experienced a higher increase than anticipated in March, climbing by 0.4% over the month to reach 3.5%. The Bureau of Labor Statistics reported that the rise was primarily fueled by increases in shelter and gasoline costs. This acceleration in the inflation rate has unsettled the financial markets, with manySource link
Staking Provider P2P Launches Staking-as-a-Business for Institutions
The platform also recently surpassed $7.4 billion in total value locked, or TVL.Source link
U.S. CPI Comes in Faster Than Hoped, Rising 0.4% in March, 3.5% Y/Y
Stubbornly high inflation has shattered Wall Street expectations for a long series of rate cuts in 2024.Source link
Grayscale CEO: Bitcoin ETF Flows Reaching ‘Equilibrium’ as GBTC Outflows Continue
Michael Sonnenshein said that early outflows from GBTC were "anticipated," and linked to the bankruptcy settlements of crypto firms such as FTX.Source link