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Good news for Bitcoin: New CPI data suggests inflation has peaked
Bitcoin

Good news for Bitcoin: New CPI data suggests inflation has peaked

August 11, 2022 CryptoExpert

In this weeks episode of Market Talks we welcome senior market analyst at Cubic Analytics, Caleb Franzen. Caleb is a Senior Market Strategist at Cubic Analytics, analysing new data/charts on the economy, the stock market, […]

Bitcoin
Bitcoin

Bitcoin Breaks Above $24,000 As U.S. Inflation Dips To 8.5%

August 10, 2022 CryptoExpert

Summary: U.S. Inflation numbers were released on Wednesday, triggering a move in the price of crypto assets.Consumer Price Index data stood at 8.5% for July 2022.The numbers fell from the 9.1% level reported in June.It’s […]

Blockonomi
Bitcoin

What’s Happening With the Mt Gox Coins? Could Hit the Market Soon

August 9, 2022 CryptoExpert

The crypto winter might get worse as the latest news of Mt. Gox surfaced ahead of the forthcoming Fed meeting. On July 6, attorney Nobuaki Kobayashi, who was appointed trustee in the reorganization of Mt. […]

Hut 8 Mining Corp Generated 330 BTC in July, Becoming one of the Largest BTC Holders
Bitcoin

Hut 8 Mining Corp Generated 330 BTC in July, Becoming one of the Largest BTC Holders

August 8, 2022 CryptoExpert

North American publicly traded cryptocurrency mining company Hut 8 Mining Corp has announced its operational update of July. Last month, Hut 8 revealed that it mined 330 Bitcoins at an average rate of 10.61 Bitcoins […]

Bitcoin Is Trading at a Discount, Says Bloomberg Senior Analyst
Bitcoin

Bitcoin Is Trading at a Discount, Says Bloomberg Senior Analyst

August 7, 2022 CryptoExpert

Senior Bloomberg Analyst Mike McGlone has mentioned that Bitcoin is presently buying and selling at an enormous low cost and will grow to be international digital collateral. In keeping with Forbes, McGlone relied totally on technical […]

2 metrics signal the $1.1T crypto market cap resistance will hold
Bitcoin

2 metrics signal the $1.1T crypto market cap resistance will hold

August 5, 2022 CryptoExpert

Cryptocurrencies have failed to break the $1.1 trillion market capitalization resistance, which has been holding strong for the past 54 days. The two leading coins held back the market as Bitcoin (BTC) lost 2.5% and […]

Elon Musk Fires Back At Twitter with a Counter Lawsuit 16
Bitcoin

Elon Musk Fires Back At Twitter with a Counter Lawsuit

August 4, 2022 CryptoExpert

Summary: Elon Musk has filed a countersuit against Twitter over the now uncertain $44 billion deal. The lawsuit was filed late Friday, July 29th, a few hours after a Judge set October 17th as the […]

US GDP Q2 2022 Declined By 0.9%: Recession Supports Crypto Prices
Bitcoin

US GDP Q2 2022 Declined By 0.9%: Recession Supports Crypto Prices

August 3, 2022 CryptoExpert

According to the Bureau of Economic Analysis released on Thursday, the U.S. Gross Domestic Product (GDP) declined by 0.9% in the second quarter. Consumer spending, the key factor that plays a significant role in the […]

Tesla Earns $64m Profits from Selling 75% of BTC Holdings
Bitcoin

Tesla Earns $64m Profits from Selling 75% of BTC Holdings

August 2, 2022 CryptoExpert

Electric car manufacturer Tesla (TSLA) announced it earned a profit of $64 million from the sale of 75% of its BTC holdings, despite a $170 million impairment loss through the second quarter of 2022. According […]

The U.S. economy could ‘collapse’ following a debt crisis; Bitcoin and crypto may help rebuild afterwards – Max Borders
Bitcoin

The U.S. economy could ‘collapse’ following a debt crisis; Bitcoin and crypto may help rebuild afterwards – Max Borders

August 1, 2022 CryptoExpert

(Kitco Information) – In accordance with the St. Louis Federal Reserve, the U.S. debt-to-GDP ratio is 125 %. Analysis by economists Ken Rogoff and Carmen Reinhart suggests {that a} debt-to-GDP ratio in extra of 90 […]

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