In August, the consumer price index (CPI) increased by 0.4%, with a 12-month rise of 3.4%, matching expectations. Core CPI, excluding food and energy, rose 0.3%, slightly above forecasts. Energy prices, especially gasoline, surged due to Middle East tensions, pushing the energy index up 2.1% for the month and 16.3% annually. Other factors like shelter and transportation costs also contributed to inflation. This report is crucial as it is the last major inflation data before the Federal Reserve's policy meeting next week, where interest rate decisions will be made.
TRON's native token TRX traded around $0.33 on October 7, showing mixed signals from derivatives markets. While funding rates were negative, indicating some bearish sentiment, long/short and taker ratios above 1 suggested stronger buying activity. Th...
U.S. spot Bitcoin ETFs recorded $119 million in net inflows on Tuesday, reversing a $90 million outflow from the previous day, even as Bitcoin's price fell from above $86,600 to below $84,000. In contrast, Ether ETFs experienced heavy selling with $2...
Litecoin (LTC) traded around $68 on October 7, showing mixed short-term technical signals. The key support level is at $64.21, while immediate resistance is at $70.04. LTC remained above its 50-day and 200-day moving averages, but failure to break ab...
Ledger has introduced a new loan feature allowing eligible users of Ledger Wallet to borrow stablecoins like USDC or USDT by using wrapped Bitcoin tokens such as cbBTC and WBTC as collateral. This service integrates Morpho lending markets via Yield.x...
Cardano's ADA price surged about 42% from $0.19 on Sept. 16 to around $0.27 by Oct. 5, driven by increased derivatives exposure and a decline in stablecoin supply. Open interest in ADA derivatives rose 25%, indicating new market positions and short c...
