CPI report
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Bitcoin Faces Volatility as Inflation Data Shocks the Market—What’s Next?
- September 11, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
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The highly anticipated US Consumer Price Index (CPI) data for August has come in with a mixed bag of results, intensifying the market’s anticipation of the Federal Reserve’s rate decision on September 17-18. The Core CPI MoM came in at 0.3%, above the expected 0.2%, while the headline CPI MoM matched forecasts at 0.2%. The
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Bitcoin ETFs Near Satoshi’s Hoard—Is a $100K BTC Just Around the Corner?
- August 14, 2024
- Posted by: Gordon
- Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
The cryptocurrency world is buzzing as U.S. Bitcoin exchange-traded funds (ETFs) close in on surpassing the legendary Bitcoin stash. This stash is believed to be held by Satoshi Nakamoto, the mysterious creator of Bitcoin. Currently, U.S. Bitcoin ETFs hold around 909,700 BTC, worth approximately $55.1 billion at the current price of $60,500. This figure rapidly
