Author: Digicoinvision
The Bureau of Labor Statistics published August’s Consumer Price Index (CPI) data just a day after it revealed lower-than-expected wholesale inflation. BTC Dips Then Recovers After Latest CPI Report Bitcoin dropped to $113K on Thursday morning after the Bureau of Labor Statistics (BLS) announced slightly hotter-than-expected inflation in its August Consumer Price Index (CPI) report. […]
A public petition calling on the United Kingdom to develop a pro-innovation strategy for blockchain and stablecoins has gained momentum following a push from crypto exchange Coinbase.The petition, hosted on the UK government’s website, calls for a comprehensive framework that includes stablecoin regulation, blockchain adoption and the appointment of a blockchain “czar.”Although launched in July, the initiative drew attention this week after Coinbase sent in-app messages encouraging users to sign. Screenshots shared by users on social media showed in-app messages from the exchange, rallying its users with phrases like “help UK lead stablecoin innovation now.”At the time of writing, the…
Crypto analyst Whale Guru has outlined his targets for altcoins on their next massive pump to the upside. He predicted that the Ethereum price would reach as high as $25,000 and expects the XRP price to reach triple digits. XRP Price To Reach $300 As Ethereum Rallies To $25,000 In an X post, Whale Guru predicted that the XRP price would reach $300 as Ethereum rallies to $25,000. He highlighted these price levels as his targets for the next pump to the upside. Meanwhile, the analyst also predicted that SOL would reach $2,000, DOGE would reach $5, SUI would reach…
Since early August, Ethereum has sustained its lead in spot trading volume over Bitcoin, and the trend continues. Summary Spot Ethereum trading volume has consistently outpaced BTC The trend suggests that traders are rotating into altcoins Fed’s expected rate cuts fuel bullish altcoin outlook Bitcoin has long been the undisputed leader in market liquidity. However, as BTC trades near its record highs, investors are slowly rotating into altcoins, and Ethereum is the primary beneficiary. As of September 11, Ethereum is leading in spot trading volume, a trend that has continued since early August. Notably, this is the first time Ethereum…
Key takeaways:Roughly 1.7 million ETH ($7.5 billion) were accumulated in the $4,300 to $4,400 range, creating strong support.Institutional demand surges as CME open interest hits all-time highs with short-term maturities dominating.$4,500 remains critical for Ether, with a breakout triggering upside, but dips to $4,000 can’t be ruled out.Ether (ETH) continues to trade sideways between $4,500 and $4,200 this month, showing signs of fading momentum. The lack of decisive buying pressure indicates concerns about short-term weakness, but onchain data suggests a deeper accumulation trend may be underway.Data from CryptoQuant highlights a critical development around the $4,300–$4,400 zone. Roughly 1.7 million ETH,…
Key points:Bitcoin nears three-week highs as US CPI data matches expectations.Plenty of market participants see Bitcoin heading higher as aresult, perhaps after a dip to trap late longs.CPI has seen BTC price fakeouts in recent months.Bitcoin (BTC) saw telltale volatility at Thursday’s Wall Street open as US macro data furthered interest-rate cut odds.BTC/USD one-hour chart. Source: Cointelegraph/TradingViewCPI bullseye sees calls for Bitcoin going “higher”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking to $114,731.The August print of the US Consumer Price Index (CPI) came in as expected, complementing a marked cooling of the Producer Price Index (PPI) the day…
Key takeaways:Roughly 1.7 million ETH ($7.5 billion) were accumulated in the $4,300 to $4,400 range, creating strong support.Institutional demand surges as CME open interest hits all-time highs with short-term maturities dominating.$4,500 remains critical for Ether, with a breakout triggering upside, but dips to $4,000 can’t be ruled out.Ether (ETH) continues to trade sideways between $4,500 and $4,200 this month, showing signs of fading momentum. The lack of decisive buying pressure indicates concerns about short-term weakness, but onchain data suggests a deeper accumulation trend may be underway.Data from CryptoQuant highlights a critical development around the $4,300–$4,400 zone. Roughly 1.7 million ETH,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is currently trading around critical price levels as the market shifts into a new phase. The momentum that propelled ETH higher earlier this year has started to fade, with the asset now entering a consolidation period. While some altcoins have managed to post modest gains and Bitcoin continues to trade sideways, Ethereum’s price action reflects a cooling trend as traders wait for clarity on the next decisive move. Despite this pause in momentum, institutional demand for ETH remains strong. Fresh data reveals that large players continue…
Key Takeaways Avalanche Foundation aims to raise $1 billion for crypto treasury Companies. AVAX surged 10.93% to a 9-month high of $29.5 before retracing to $28.69 at press time. Avalanche [AVAX] continued with its week-long price discovery and completed a breakout. In fact, the altcoin surged 10.93% to a 9-month high of $29.5 before retracing to $28.69 at press time. During the same period, trading volume jumped 109% to $1.94 billion, indicating substantial capital influx and growing on-chain activity. But what really inspired this price uptick? Avalanche to raise $1 billion In 2025, the crypto market has recorded massive capital inflow…
The US Federal Reserve prepares to announce its latest decision on interest rates. This highly anticipated event has the potential to act as a powerful catalyst for the Bitcoin market, with many analysts and investors speculating that a rate cut could trigger a significant breakout. How A Rate Cut Could Unleash The Next Bitcoin Bull Run The global financial community is entering a crucial week. According to a post on X by crypto commentator Thomas Lauder, in 7 days, the US Federal Reserve will decide whether to cut dollar interest rates, a move that could have far-reaching effects on both…