In September, U.S. inflation rose more than expected, with the Consumer Price Index (CPI) increasing by 0.2%, slightly above economist forecasts of 0.1%. On a year-over-year basis, the CPI climbed 2.4%, compared to an expected 2.3%. Core CPI, which excludes volatile food and energy costs, also rose 0.3% for the month, in line with August’s…
Este artículo también está disponible en español. Crypto analyst Bob Loukas has released a new video analysis titled “No Bull.” In the video, Loukas delves into the current state of the Bitcoin market, addressing growing concerns about the possibility of a canceled bull run. Loukas begins by acknowledging the prolonged period of consolidation for the…
Este artículo también está disponible en español. In a development that could offer relief for Bitcoin (BTC) and the broader crypto ecosystem, Mt. Gox, the defunct cryptocurrency exchange that was hacked in 2014, has announced a significant delay in its repayment plan for affected creditors. Originally set for October 31, 2024, the new deadline for…
Este artículo también está disponible en español. Bitcoin price extended losses and traded below the $60,000 zone. BTC is now attempting a recovery wave and facing hurdles near $60,800. Bitcoin is struggling to start a fresh increase above the $61,200 zone. The price is trading below $61,000 and the 100 hourly Simple moving average. There…
Este artículo también está disponible en español. After briefly rising above $63,000 in recent days, renewing investor’s hope on “uptober,” Bitcoin has once again dampened this excitement by decreasing to as low as the $60,000 region today. This unappealing performance has led to a CryptoQuant analyst, Aytekin, raising and sharing insight on an important question:…
Este artículo también está disponible en español. According to a crypto analyst, Bitcoin (BTC) may be heading towards a capitulation due to tightening on-chain liquidity. However, this capitulation could be followed by a “full bull” market. Bitcoin Headed Lower Before Higher In a detailed thread on X about BTC price analysis, crypto analyst Cole Garner…
Este artículo también está disponible en español. Crypto analyst TradingShot recently revealed that the Bitcoin price is forming a similar fractal pattern to the one that happened in October 2023. This is bullish for the flagship crypto, considering what happened last year when the fractal pattern formed. Bitcoin Prices Flashes Fractal Similar To October 2023…
In September, U.S. inflation rose more than expected, with the Consumer Price Index (CPI) increasing by 0.2%, slightly above economist forecasts of 0.1%. On a year-over-year basis, the CPI climbed 2.4%, compared to an expected 2.3%. Core CPI, which excludes volatile food and energy costs, also rose 0.3% for the month, in line with August’s…
Este artículo también está disponible en español. Although the Bitcoin price faces challenges in breaking out significantly from its support level of $60,000, recent on-chain data reveals a fascinating shift in sentiment among Bitcoin enthusiasts. Despite the ongoing price corrections, it appears that long-term holders remain undeterred. In fact, about 15,917 BTC, valued at approximately…
Bitcoin looks wobbly as the US government prepares to auction off 69,370 bitcoins seized from the Silk Road marketplace. The cryptocurrency market is teetering on the brink of a potential downturn as the US government clears the final legal hurdles to auction off 69,370 bitcoins seized from the defunct Silk Road marketplace. This massive stockpile,…