category: Cryptocurrency – Trending Pulse

Bitcoin, Ethereum, and Dogecoin Move Sideways as Inflation Data Dampens Hopes for Aggressive Rate Cuts – Why This Analyst Duo Says It’s a “Great Time” to Accumulate in King Crypto – Grayscale Bitcoin Mini Trust (BTC) Fractional Undivided Beneficial Interest Common Units (ARCA:BTC)

September 12, 2024 by Mei

Major cryptocurrencies were largely unchanged on Wednesday evening as higher-than-expected core inflation data weighed on investor decisions. Cryptocurrency Earnings +/- Price (Recorded at 20:30 EDT) Bitcoin BTC/USD +0.47% $57,905.55 Ethereum Ethereum/USD -0.57% $2,363.63 Dogecoin DOGE/USD -0.61% $0.1022 What happened: Bitcoin fell below $56,000 during morning hours after August core inflation …

'They're eating the cats': How Polymarket traders predicted Donald Trump's bizarre statement and pre-debate handshake

September 11, 2024 by Mei

Donald TrumpObama's viral claim that Haitian immigrants are “eating cats” was one of several unlikely events that political operatives successfully predicted would occur at Tuesday's presidential debate. What happened:The statement Trump made in response to the vice president Kamala Harris questioning the size and participation at his rallies, almost immediately …

Stocks fall as inflation data cools rate cut enthusiasm, chipmakers and solar sector soar on Harris-linked boost: What's driving markets on Wednesday? – Albemarle (NYSE:ALB)

September 11, 2024 by Mei

Wall Street saw a broad sell-off on Wednesday, with the exception of the technology sector, as investor optimism about the progress of disinflation cooled following a mixed inflation report for August. The consumer price index (CPI) rose 2.5% year-over-year, slightly below the 2.6% estimate and down from 2.9% in July, …

Bitcoin mining company CleanSpark expands its boundaries, buys seven facilities for $30 million in Tennessee – Cleanspark (NASDAQ:CLSK)

September 11, 2024 by Mei

In a major expansion move, CleanSpark Pool Cleaner CLS It is planned to acquire seven Bitcoin BTC/USD mining facility in Knoxville, Tennessee, expanding the miner's current hash rate by over 22%. What happened: The acquisition of CleanSpark includes the associated land and is projected to improve its current hash rate …

Donald Trump lost the debate to Kamala Harris and will lose ground in the polls, say Polymarket traders: Will there be a rematch?

September 11, 2024 by Mei

Vice President Kamala Harris He seems to have gained an advantage over the former president Donald Trump after their first presidential debate on Tuesday, according to prediction markets and early polling data. What happened: Market prediction platform Multimarket shows that oddsmakers strongly favor Harris' performance in the debate. From the …

Could a Bitcoin reserve protect us against the next market crash?

September 11, 2024 by Mei

Like the Benzinga The future of digital assets The conference is approaching, Cabin 8leader in computing infrastructure and Bitcoin mining and speaker at the event, is preparing to share its strategic insights to navigate the volatile digital asset market. In a recent interview with Benzinga, a representative from the company …

Terraform Labs' landmark $4.5 billion settlement with the SEC makes 2024 the most penalized year for crypto firms; fines rise more than 3,000% from last year

September 11, 2024 by Mei

The U.S. Securities and Exchange Commission (SEC) has imposed record fines on cryptocurrency entities in 2024, highlighting the growing financial risk for companies that fail to comply with regulatory standards. What happened:According to a study According to a report published by cryptocurrency analytics firm Social Capital Markets, the regulator has …

Bitcoin bull Mike Novogratz on Trump-Harris debate: “She beat him” – Max Keiser says “Everyone knows the war is over”

September 11, 2024 by Mei

Bitcoin BTC/USD bull and Galaxy Digital Executive Director Mike Novogratz He joked about the former president From Donald Trump possible exit from the race for the White House after the presidential debate of the Republican opponent with Kamala Harris. What happened:Novogratz addressed X on Tuesday night, hinting that the Republican …

Trump-Themed MAGA Coin Plunge, Harris-Inspired Token Soars After Presidential Debate – Grayscale Ethereum Mini Trust (ETH) Fractional Undivided Beneficial Interest Common Units (ARCA:ETH)

September 11, 2024 by Mei

Cryptocurrency tokens linked to Donald Trump and Kamala Harris They were a picture of contrasts as the high-voltage debate between the presidential candidates drew to a close. What happened: Maga coin (TRUMP), rooted in the “Make America Great Again” movement and the largest of all Trump-inspired cryptocurrencies in terms of …

Peter Schiff rejects Michael Saylor's argument that bitcoin is scarce: “When the supply of new buyers dries up…” – MicroStrategy (NASDAQ:MSTR)

September 11, 2024 by Mei

Renowned economist Peter Schiff challenged MicroStrategy Inc. MSTR Co-founder By Michael Saylor argument that Bitcoin's low supply would continue to drive its price higher. What happened: In a post on X on Tuesday, Schiff acknowledged Bitcoin's deflationary nature but argued that it would be beneficial as long as it is …