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The price of Bitcoin has jumped above the $63,700 mark amid the release of US CPI data that shows dovish inflation data The post Bitcoin Surges to $63.7K Despite U.S. CPI Falling 0.3% Short in April appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .

Bitcoin Surges to $63.7K Despite U.S. CPI Falling 0.3% Short in April

New York City-based institutional investment firm Boothbay Fund Management becomes the largest holder in BlackRock iShares Bitcoin ETF (IBIT), Fidelity Wise Origin Bitcoin ETF (FBTC), and Bitwise Bitcoin ETF (BITB), as per a filing with the U.S. Securities and Exchange Commission (SEC) on May 15. The fund also became one of the largest holders in The post Breaking: NYC Firm Becomes Top Holder In BlackRock, Fidelity, Bitwise, GBTC Bitcoin ETF appeared first on CoinGape .

Breaking: NYC Firm Becomes Top Holder In BlackRock, Fidelity, Bitwise, GBTC Bitcoin ETF

Bitcoin critic Peter Schiff sneered at the economic data that was released earlier, calling it a “stagflation trifecta.” CPI Data Has Not Impacted Market Outlook By this statement, Schiff strongly believes that the economic data has not had any impact on the general outlook of the market. In other words, the market is still at The post Peter Schiff Names CPI Data “Stagflation Trifecta,” Time To Buy Bitcoin? appeared first on CoinGape .

Peter Schiff Names CPI Data “Stagflation Trifecta,” Time To Buy Bitcoin?

With the Bitcoin price struggling to surpass the $65000 barrier, the altcoin market continues to face overhead supply. The Toncoin shows this lack of bullish momentum with a long-wick rejection candle at $ 7.67 resistance. The Toncoin price recently reverted from this resistance and tumbled the asset 6.6% to currently trade at $6.9, sparking a The post Key Levels to Watch if Toncoin Enters Price Discovery Mode This Week appeared first on CoinGape .

Key Levels to Watch if Toncoin Enters Price Discovery Mode This Week

Bitcoin’s surge above $65,000 today triggered a 5% notable increase in the total crypto market value to $2.47 trillion. This bullish move comes after weeks of uncertainties and losses, especially among major digital assets like Ethereum (ETH), Binance Coin (BNB), Solana (SOL), XRP, and more. Meanwhile, as BTC makes the much-awaited return to health, tech-savvy The post Tech-Savvy Investors Bet On 3 Altcoins To Buy In May For 50X Profit appeared first on CoinGape .

Tech-Savvy Investors Bet On 3 Altcoins To Buy In May For 50X Profit

The governor of the U.S. state of Oklahoma has approved House Bill 3594, a landmark bill that protects bitcoin rights and fosters cryptocurrency innovation. The legislation addresses the regulation and promotion of blockchain technology and cryptocurrency in the state. The bill defines key terms such as blockchain, blockchain protocol, and digital assets, which include virtual

Oklahoma Enacts Landmark Bill to Regulate Digital Assets, Protect Bitcoin Rights, Foster Crypto Innovation

Bitcoin price surpasses $65,000 as inflation slows in April. Annual inflation increased by 3.4%, falling below 3.5%. Continue Reading: Bitcoin Surpasses $65,000 as Inflation Slows in April

Bitcoin Surpasses $65,000 as Inflation Slows in April

Jack Dorsey’s backed digital payment firm TBD has announced a partnership with Chipper Cash, to boost cross-border trades in Africa. In a recent announcement, the company sought to grow its presence in the continent to 40 countries. TBD is a subsidiary of Block, a company co-founded by former Twitter CEO Jack Dorsey. The firm’s new The post Jack Dorsey’s Payment Platform Eyes African Markets With Chipper Cash appeared first on CoinGape .

Jack Dorsey’s Payment Platform Eyes African Markets With Chipper Cash

The Bureau of Labour Statistics has released the Consumer Price Index (CPI) report this week, indicating that inflation is easing again in the US. According to the data, inflation grew slower in April, rising by 0.3% compared to 0.4% in the previous month, beating economists’ expectations of a 0.4% month-over-month growth. Bitcoin price, which hovered The post Bitcoin Price: Will Softer CPI Send BTC To $70,000 In May? appeared first on CoinGape .

Bitcoin Price: Will Softer CPI Send BTC To $70,000 In May?

The decline in Bitcoin's hash rate appears to be a clear sign of decreased profitability for miners.

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