Bitcoin News
Bitcoin Roller Coaster Ride Wednesday Underlines Its Vulnerability but Also Its Resilience
Bitcoin and ether rose on mildly favorable inflation data, sank amid rumors of a U.S. government sell-off of BTC and then climbed again as investors shrugged off the tumult.
Rehypothecation May Be Common in Traditional Finance, but It Will Never Work With Bitcoin
Several crypto lenders, exchanges and funds that used customer assets to grow rapidly had a crash course in the limits of digital scarcity in 2022.
If Bitcoin Can’t Handle a Few JPEGs, How Can It Handle the World?
Network congestion from ordinals and BRC-20s is a stress test – and Bitcoin is failing.
Bitcoin Dips Below $27K, Reversing Post-CPI Rally
The BTC/USD trading pair on Coinbase was trading as low as $26,800 before regaining some ground.
Bitcoin Liquidity on the Brink as Market Makers Pare Back in Crypto Markets
Liquidity across bitcoin trading pairs has slumped and failed to recover since the collapse of FTX in November.
U.S. CPI Inflation Falls to 4.9% in April; Bitcoin Rises Above $28K
The Federal Reserve last week suggested it could pause its long series of rate hikes even as inflation remains well above its 2% target.
Bitcoin Tends to Become More Volatile Around Monthly U.S. Inflation Releases: Kaiko
Monthly U.S. inflation readings influence the Fed policy, which impacts both crypto and traditional markets.
Are Cryptocurrencies an Inflation Hedge? Theoretically Yes, Factually No Says S&P
Some argue that crypto assets could be in demand in a high-interest rates/high inflation environment because they could serve as a store of value, however crypto's track record is too short to prove this, S&P said.
First Mover Asia: Bitcoin Ticks Up as Congestion Wanes and Investors Ponder the Next Price Spur
ALSO: SAM Bankman-Fried's motion to dismiss most charges against him raises questions about the reach of the Commodities Exchange Act.
Bitcoin Moves Sideways at $27.5K as Investors Await CPI Inflation Reading
Equities slid. Investors will be watching Wednesday's release of the April Consumer Price Index for clues about the Federal Reserve's next monetary policy decision.
