At the time of writing, Solana appears poised to succeed in her double disinflation proposal (if it is with a small margin) and, fittingly, SOL is up double digits in the last 24 hours amid voting. Solana will ultimately achieve an inflation rate of 1.5%, an end goal that, at the network’s current pace, would … Read more
Bitcoin (BTC) overcame volatility on Thursday as US stocks rebounded on relief from inflation data. Key points: Bitcoin avoids an instant reaction to US personal consumption expenditure (PCE) inflation data, reversing a local uptrend. The analysis remains cautious with regard to inflationary trends despite a PCE in line with expectations. Bitwise predicts that in the … Read more
Stock market traders are pricing in a high probability that the Federal Reserve will keep rates steady at its July meeting, with the probability increasing to 94% after weaker inflation data improved the market’s macroeconomic mood. This is important for Bitcoin because rate expectations remain one of the most important forces shaping risk appetite. When … Read more
The market has had a lot to digest this week, so not all stocks deserve the same treatment. This is the case as the BNB price stabilizing near crucial ranges indicates strong demand patterns in the exchange ecosystem. This gives it a clearer place in NewsBTC/Bitcoinist’s daily coverage map. For more details, visit the official … Read more
Bitcoin (BTC) hit a three-week high on Wednesday as US inflation data beat expectations for a second day. Key points: Bitcoin sees bullish price action copied as US inflation data cools for a second straight day. Risk assets benefit from a more positive outlook as the chances of a Fed rate cut diminish. Traders remain … Read more