Bitcoin spikes to $22,330 after dip on worse than expected CPI data
The price of Bitcoin spiked to $22,330 after an initial dip on news of worse than expected consumer inflation data.
Happy Tuesday
The global crypto market cap is $1.02 trillion with a 24-hour volume of $57.11 billion. The price of Bitcoin is $22,067.31 and BTC market dominance is 41.6%. The price of Ethereum is $1,545.57 and ETH market dominance is 18.5%. The best performing cryptoasset sector is AI, which gained 15%.
Latest News
Bitcoin spikes to $22,330 after dip on worse than expected CPI data
The price of Bitcoin spiked to $22,330 after an initial dip on news of worse than expected consumer inflation data.
Peter Schiff deems Kevin O’Leary, Mark Cuban crypto sell-outs
Peter Schiff pointed out that Kevin O'Leary and Mark Cuban were crypto-skeptical at one time.
CZ addresses rumors about Circle telling regulators to look into Paxos/BUSD
CZ believes there is no substance to reports that Jeremy Allaire, founder of Circle, secretly told New York regulators to look into Paxos and BUSD.
AI sector surpasses Yield farming again to outperform market by 12%
A look at the top performing crypto sectors see yield farming and AI outperform Bitcoin over the last 24 hours
Binance backs ChatGPT to improve crypto education, adoption
AI will be essential to the widespread adoption of blockchain technology as ChatGPT helps users learn in their own way according to Binance
Ethereum’s OFAC-Compliant blocks drop to 47%
Gnosis CEO Martin Koppelmann pointed out that while news of Ethereum being less OFAC-compliant is great, there is still a need for more "systemic solutions."
CryptoSlate Daily wMarket Update: Bitcoin trades under 22k as market awaits CPI numbers
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Crypto lost $2.77 billion to hacks, exploits in 2022
Nearly half of this amount was stolen through diverse methods including dodging verification, crowd looting, and market manipulation.
Blockchain Association files amicus brief in support of Ishan Wahi
BA: SEC's move to classify nine tokens as securities without prior court order potentially violated the creators' right to defend themselves.
Ethereum NFT sales climb 43% in January
Ethereum NFT sales for January amounted to $780.2 million — significantly up on the previous month but still 85% down year-on-year.
US prosecutors raise concerns over SBF’s use of VPN
SBF's lawyers said he only used the VPN to watch the National Football League (NFL) playoffs and the Super Bowl via an international subscription.