Bitcoin Tumbles as Markets Reel, in the Wake of Gloomy Inflation Data

The digital asset’s price saw a precipitous drop early Thursday morning after the U.S. Bureau of Labor Statistics published data revealing record inflation metrics. Inflation Shock Triggers Bitcoin Slump Just seconds after the U.S. Bureau of Labor Statistics (BLS) published its inflation data at 8:30 am on Thursday, bitcoin ( BTC) fell off a cliff. … Read more

Experts: Bitcoin’s Rally Fueled by ETF Demand, Weak Dollar, and Rate Cut Hopes

After bitcoin surpassed $124,000, some analysts suggest that the cryptocurrency may be entering a rapid growth phase, with potential price targets between $131,000 and $177,000. Record-Breaking Rally and Market Capitulation On Aug. 13, bitcoin (BTC) broke past the $124,000 mark to set a new all-time high and pushed the crypto economy’s total market capitalization to … Read more

Chainlink’s LINK Hoard Blasts Past 100,000

After Chainlink’s decentralized oracle network revealed plans to create a LINK reserve, the team has now disclosed that the Chainlink Reserve added another 44,109.76 LINK, pushing its total stash past the 100,000 threshold. Chainlink’s Reserve Vault Hits 109K Tokens Worth $12.6M Last week, Chainlink unveiled plans for a LINK reserve, funded by network revenue and … Read more

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