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After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had peaked and it was possible that inflation would subside. However, statistics from the U.S. Labor Department indicate the CPI increased 8.6% from a year earlier, as the month of May’s inflation data reached another lifetime … Read more
Samsung Asset Management acquired a 20% equity stake in the U.S. ETF provider Amplify Holding Company in March 2022. Go to Source Powered by WPeMatico
Whales and institutions alike are on the radar after the latest data from exchange order books. Go to Source Powered by WPeMatico
The longest weekly losing streak in Bitcoin history is finally broken, but the mood among analysts is anything but unanimously bullish. Go to Source Powered by WPeMatico
The incoming governor of the Czech National Bank (CNB), Aleš Michl, has said he plans to increase the institution’s gold holdings almost tenfold from the current 11 tonnes to 100 tonnes. Michl also said he will ask the bank’s foreign exchange reserves management team to invest in stocks. Growing the CNB’s Shareholding The incoming governor … Read more
Crypto advocates often refer to Bitcoin as “digital gold,” but how does BTC stack up against gold as a long-term investment? Go to Source Powered by WPeMatico
BTC price lost the momentum that pushed it to $32,300 on May 31, but this week’s option expiry could help bulls recapture the key price level. Go to Source Powered by WPeMatico
BTC price looks to break out of its downtrend, yet pro traders are still unwilling to add leveraged positions. Go to Source Powered by WPeMatico
ADA price has seen sharp recoveries during bear markets in the past with many turning out to be bull traps. Go to Source Powered by WPeMatico
Strong correlation with Bitcoin and traditional markets continue to pull Axie Infinity price lower. Go to Source Powered by WPeMatico