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Breaking: Labor Department Cancels October PPI Inflation Report Ahead of FOMC Meeting

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U.S. Labor Department has scrapped the October Producer Price Index (PPI) inflation report after not gathering the needed information during the government funding lapse. Hence, markets are experiencing a void in essential information about inflation which normally provides basis on the rate decisions expectations. Will Missing PPI Inflation Report Affect the Decision of FOMC?ย  Bureau

The post Breaking: Labor Department Cancels October PPI Inflation Report Ahead of FOMC Meeting appeared first on CoinGape.

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Bank Employee Fakes Customersโ€™ Signatures, Withdraws Over $38,000 From Accounts: Federal Reserve

A US bank employee is being banned from working in the financial industry after he allegedly forged customer signatures to steal tens of thousands...

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Bitcoin

Bitcoin Price Weekly Forecast as Goldโ€™s Surge Revives Inverse Correlation โ€” Is $85K Next?

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Bitcoin price remains under pressure as gold strength reshapes cross-asset behavior. The breakout of gold has been accompanied by a decline in the price of Bitcoin, which confirms their inverse correlation.ย  Meanwhile, BTC price reacts to defensive capital rotation into traditional safe havens. This change is indicative of constrained liquidity conditions in the world. Notably,

The post Bitcoin Price Weekly Forecast as Goldโ€™s Surge Revives Inverse Correlation โ€” Is $85K Next? appeared first on CoinGape.

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XRP Warning: Bearish Signal With No Exceptions Spells Big Trouble for Rippleโ€™s Price

XRP is trading near $2 after a week of price pressure and mixed technical signals. The token saw a slight dip of over 1%...

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Analyst Confirm Pi Network Price Could Still Reach $1, Hereโ€™s When?

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Pi Network price trades sideways as analysts assess the next directional phase. Recent analyst projections now emphasize timing rather than speculation. Meanwhile, the chart behavior indicates a change towards a long-term downward trend.ย  Participation is also redesigned by network-level upgrades. Combined, these aspects contextualize expectations concerning the time when higher valuation levels are realistic.ย  Analyst

The post Analyst Confirm Pi Network Price Could Still Reach $1, Hereโ€™s When? appeared first on CoinGape.

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Ethereum Price Risks $2,600 Drop Despite JPMorganโ€™s New Fund on its Network

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Ethereum price crashed for the second consecutive day, reaching its lowest level since Dec. 7. It has now dropped by ~40% from its highest point this year. Technicals suggest that the ETH token may be on the cusp of a strong bearish breakout to $2,600 despite JPMorgan selecting it for its first onchain fund. Ethereum

The post Ethereum Price Risks $2,600 Drop Despite JPMorganโ€™s New Fund on its Network appeared first on CoinGape.

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Bitcoin Price Weekly Forecast as Goldโ€™s Surge Revives Inverse Correlation โ€” Is $85K Next?

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Bitcoin price remains under pressure as gold strength reshapes cross-asset behavior. The breakout of gold has been accompanied by a decline in the price of Bitcoin, which confirms their inverse correlation.ย  Meanwhile, BTC price reacts to defensive capital rotation into traditional safe havens. This change is indicative of constrained liquidity conditions in the world. Notably,

The post Bitcoin Price Weekly Forecast as Goldโ€™s Surge Revives Inverse Correlation โ€” Is $85K Next? appeared first on CoinGape.

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โ€˜Bitcoin Canโ€™t Magically Double:โ€™ Advisor Sounds Alarm After Client Loses 1 BTC

Bitcoin adviser and author Terence Michael of The Bitcoin Adviser has issued a stark warning to the crypto community after revealing that one of...

Solana (SOL) Price Alert: Is a 50% Collapse on the Way?

Solana (SOL) witnessed substantial gains in late summer, but over the past several months, it has been in a steep decline. According to some renowned...
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Todays Highlights

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Michael Saylorโ€™s Strategy, previously MicroStrategy, has made another weekly Bitcoin purchase, even as the crypto market continues its decline. This latest purchase comes amid a potential Japan rate hike, which could extend BTCโ€™s year-to-date (YTD) loss and also negatively affect MSTR stock. Strategy Acquires 10,645 For $980.3 Million An SEC filing showed that the company

The post Breaking: Michael Saylorโ€™s Strategy Buys 10,645 Bitcoin as Crypto Market Braces for Japan Rate Hike appeared first on CoinGape.

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