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The post Bitcoin (BTC) Struggles at $80K as April CPI Surges to Three-Year Peak appeared on BitcoinEthereumNews.com. Key Highlights April’s US CPI climbed to 3.8% annually, marking the steepest increase since May 2023 Surging energy prices contributed over 40% of April’s monthly inflation gain BTC maintained support around $80,000 while facing rejection at the $82,000–$82,600 zone The 200-day simple moving average near $82,600 serves as a critical barrier for bullish momentum Bitcoin ETFs recorded net outflows while the Coinbase Premium Index remained in negative territory Bitcoin maintained its position near the $80,000 mark on Tuesday following the release of April’s US Consumer Price Index, which registered 3.8% on a year-over-year basis. This represents the most elevated inflation reading since May 2023. Bitcoin (BTC) Price The month-over-month figure came in at 0.6%, aligning with analyst expectations. Meanwhile, the core CPI metric—which excludes volatile food and energy componen
Read full articleSchwab's Bitcoin services may accelerate crypto's integration into traditional finance, influencing global regulatory and competitive dynamics. The post Charles Schwab launches Bitcoin services for 50M customers, boosting crypto adoption appeared first on Crypto Briefing.
Billionaire investor Ray Dalio has sparked debate by arguing that bitcoin has failed to establish itself as a reliable safe-haven asset compared to gold. Dalio: Bitcoin Too Small to Rival Gold In a jab likely to rankle the crypto community, Bridgewater Associates founder and billionaire Ray Dalio noted that bitcoin has struggled to fulfil its […]
TON, ONDO, and PENGU are also deep in the red, while some TRUMP-related tokens are up by 4-5% daily.
The shutdown of Ord.io highlights the volatility and financial challenges within the Bitcoin Ordinals ecosystem, impacting user access and data analysis. The post Ordinals explorer Ord.io to shut down on June 1 due to financial challenges appeared first on Crypto Briefing.
Crypto exchange MEXC plans to increase its Guardian Fund to $500 million over the next two years while adding 1,000 bitcoin to its reserves. The move is aimed at strengthening user protection and reinforcing confidence amid continued market expansion. BTC and USDT to Serve as Dual Reserve System for Market Stability Crypto exchange MEXC is […]
The post Strategy adds 535 BTC – Still ‘buying the dip’ or something else entirely? appeared on BitcoinEthereumNews.com. Michael Saylor’s Strategy is in the news now after it accumulated an additional 535 BTC for $43 million. The new purchase happened at an average price of $80,340 per Bitcoin [BTC]. Thanks to this purchase, the total holdings of the largest Bitcoin digital asset treasuries (DATs) have reached 818,869 BTC – Worth $66.2 billion. Source: BitcoinTreasuries.NET Strategy’s latest addition The firm also reported that it has achieved a BTC yield of 9.4% so far in 2026. This figure is not based on the performance of the Bitcoin market, but rather on the growth in shareholders’ exposure to Bitcoin per share. According to the figure, Strategy has effectively increased its Bitcoin holdings despite capital raise dilution. The average price of the total 818,869 BTC was $75,540. This occurred at a time when Bitcoin was trading at $80,791.33, following a slight decline over the prev
The post Former Crypto CEO Apologizes To Investors As $328M Fraud Claims Surface appeared on BitcoinEthereumNews.com. Former Crypto CEO Apologizes To Investors As $328M Fraud Claims Surface | Bitcoinist.com Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he’s a cook and cinephile who’s constantly intrigued by the size of the universe. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/former-crypto-ceo-apologizes-to-investors-as-328m-fraud-claims-surface/
