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Fed Governor Questions Need for US Central Bank Digital Currency


A top Federal Reserve official said Tuesday she has yet to be convinced there is a need for the U.S. central bank to develop a digital currency. Fed Governor Remains Unconvinced on U.S. CBDC, Cites Existing Innovations and Risks In a discourse at Harvard Law School, Fed Governor Michelle Bowman...

Here’s How the Latest Hot US CPI Numbers Impacted Crypto Markets


Hotter-than-expected US Consumer Price Index (CPI) inflation numbers did little the shift sentiment in the crypto market on Thursday. Bitcoin (BTC) was last trading just under $26,700, just to the north of its 50-Day Moving Average (DMA), which appears to be offering support for now, but still...

US Inflation Rises Beyond Projections: Markets Jittery, Rate Hike in Question


In September, U.S. inflation surpassed expectations, with the U.S. Bureau of Labor Statistics revealing a 3.7% year-on-year surge in the consumer price index (CPI), as per the latest data. While core inflation slightly decreased from 4.3% to 4.1%, market pundits anticipate that the U.S. Federal...

Biggest Crypto Gainers Today on DEXTools – UNV, SPEPE, HAMMER


Despite much hotter-than-expected US jobs numbers released earlier on Friday, Bitcoin (BTC) is having another go at pushing back above the $28,000 level and its 100 and 200DMAs. The world’s first and largest cryptocurrency by market capitalization initially fell following the data, but has since...

Three Reasons Why Bitcoin (BTC) Could Be About to Fall Back to $20,000


Despite sharp downside in the US stock market on Tuesday amid a fresh push higher in long-dated US yields to new multi-decade highs as traders pricing in a policy of higher interest rates for longer from the US Federal Reserve, Bitcoin (BTC) continues to hold up relatively well. It was last...

Biggest Crypto Gainers Today on DEXTools – GOLD, BOMBER, MEMBOT


Blue chip cryptocurrency markets are under pressure on Thursday, with Bitcoin (BTC) having dropped more than 2% to the mid-$26,000s and Ether (ETH) down 2.5% under $1,600. Reports that long-defunct cryptocurrency exchange MtGox will delay repayments for another year to 2024 have failed to boost...

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