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CPI News - Blockchain.News

CRYPTOCURRENCY

Impact of CPI Announcements on Bitcoin (BTC) Prices Analyzed
cryptocurrency

Impact of CPI Announcements on Bitcoin (BTC) Prices Analyzed

Explore how CPI announcements affect Bitcoin prices and the broader influence of central banking policies. Understand Bitcoin's role as an inflation hedge amid fluctuating CPI figures.

Binance Launches 'Word of the Day' to Educate Users and Offer Rewards
cryptocurrency

Binance Launches 'Word of the Day' to Educate Users and Offer Rewards

Binance introduces a new 'Word of the Day' game focusing on CPI, allowing users to earn Binance Points and educational benefits.

What is Truflation?
cryptocurrency

What is Truflation?

Truflation is a blockchain-based financial data service that provides real-time economic and inflation data. Launched in December 2021, it updates its methodology annually and offers daily inflation updates from over 30 sources. Despite facing a deficit, Truflation is expanding its customer base and revenue, focusing on key metrics conversion and launching its token in January 2024.

Bitcoin Gains Momentum Based on Positive CPI Numbers
cryptocurrency

Bitcoin Gains Momentum Based on Positive CPI Numbers

After slipping to lows of $15.5K amid FTX’s liquidity crunch, Bitcoin gained momentum based on positive consumer price index (CPI) numbers released by the U.S. Bureau of Labor Statistics.

Kevin O’Leary Says ‘No Choice with Crypto’ After as US Inflation Burns Hot
cryptocurrency

Kevin O’Leary Says ‘No Choice with Crypto’ After as US Inflation Burns Hot

Cryptocurrencies plunged on Thursday amid traders’ sudden realization that inflation isn't slowing as expected. Kevin O’Leary is still optimistic about the future of crypto.

Market Update: US Inflation Data Push Bitcoin Below the $19,000 Support Zone
cryptocurrency

Market Update: US Inflation Data Push Bitcoin Below the $19,000 Support Zone

A steep volatility trailed the September inflation data that was released by the BLS today. Bitcoin last seen trading below $19,000

Bitcoin Price Holds Firm Around $19,000 Amid Institutional Adoption Surge
cryptocurrency

Bitcoin Price Holds Firm Around $19,000 Amid Institutional Adoption Surge

Institutional adoption appears to be a crucial driver for holding Bitcoin prices steady.

Crowd Sentiment towards Crypto Turns Bearish as Inflation Data Looms
cryptocurrency

Crowd Sentiment towards Crypto Turns Bearish as Inflation Data Looms

The crypto market has not yet been able to find the right footing based on tightened macroeconomic factors and Russia’s invasion of Ukraine.

US Inflation Data Lashing Crypto Market
cryptocurrency

US Inflation Data Lashing Crypto Market

The market is concerned about the rising inflation, as the United States Bureau of Labor Statistics (BLS) released its Consumer Price Index (CPI) for August, coming in at 8.3% year-on-year (YoY).

Trump’s Proposed Capital Gains Tax Cuts Could Benefit Ethereum 2.0 Stakers
cryptocurrency

Trump’s Proposed Capital Gains Tax Cuts Could Benefit Ethereum 2.0 Stakers

President Donald Trump has proposed a capital gains tax cut which may greatly benefit United States cryptocurrency traders—particularly those planning to stake on Ethereum 2.0.

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