Bitmine bought 30,567 ETH for $36 million. Strategy sold shares worth $466.7 million, increasing its dollar reserves to $3 billion. Strategy neither bought nor sold any Bitcoin last week. Trump's profits from cryptocurrencies are invested in shares and bonds.
The June US CPI inflation report is due at 12:30 pm GMT. The YY headline inflation is expected to cool to 3.8% from 4.2% in May. Core inflation is forecast to ease to 2.8%. The MM core forecast remains unchanged at 0.2%.
June inflation is due at 8:30 a.m. ET today. Economists expect headline CPI to slow to 3.8% year over year from 4.2% in May. The monthly index is forecast to decline by about 0.1% to 0.2%. Kevin Warsh will testify before the House Financial Services Committee. Money markets assign a 40% to 50% probability to a rate hike at the July 28-29 meeting. Bitcoin traded near $62,200 on Tuesday, down 3% over 24 hours.
Hand delivery availability confirmed when you enter your address. Check whether you already have access via your university or organisation. Terms & Conditions apply. . - Hand delivery availability is confirmed at the address you enter when entering your address, but the availability is not guaranteed.
Weekly application fees for Solana closed last week at their lowest level since 2023. They collected 88% less compared to this year’s peak of $50 million in early February and 98.5% less than their weekly all-time high of $491 million back in January 2025.
Bitcoin is trading near $62,172, down 3.1% from Monday's high of $64,273 and low of $61,794. Three catalysts arrive within the next 24 hours: June CPI at 8:30 a.m. ET Tuesday, Fed Chair Kevin Warsh's semiannual testimony before Congress at 10:00 am ET, and the start of US military enforcement of a blockade against Iranian shipping at 4:00 p.m ET. Bitcoin price could open today's session reacting to backward-looking relief and close reacting to a forward-looking shock.
The market has operated on the assumption that AI spending would lift everything around it. This morning's unexpected event raises uncomfortable questions about whether AI’s massive capital spending boom is cannibalizing the very companies investors expected it to enrich. The questions raised this morning could wind up being contagious and spreading to other AI names.
The June Consumer Price Index came in softer than forecast. Bitcoin price briefly climbed above $64,000 on Tuesday. The Labor Department reported that headline CPI fell 0.1% in June from the prior month. Core CPI, which strips out food and energy, held at about 2.9% year over year, above the Fed’s 2%.
Dollar, Euro and Pound Navigate Policy Signals and Data Releases. US CPI inflation and Kevin Warsh's appearance before Congress are the main focus today. The euro is underperforming as markets begin to anticipate that the European Central Bank’s rate hike cycle has been concluded.
Bitmine bought 30,567 ETH for $36 million. Strategy sold shares worth $466.7 million, increasing its dollar reserves to $3 billion. Strategy neither bought nor sold any Bitcoin last week. Trump's profits from cryptocurrencies are invested in shares and bonds.
The June US CPI inflation report is due at 12:30 pm GMT. The YY headline inflation is expected to cool to 3.8% from 4.2% in May. Core inflation is forecast to ease to 2.8%. The MM core forecast remains unchanged at 0.2%.
June inflation is due at 8:30 a.m. ET today. Economists expect headline CPI to slow to 3.8% year over year from 4.2% in May. The monthly index is forecast to decline by about 0.1% to 0.2%. Kevin Warsh will testify before the House Financial Services Committee. Money markets assign a 40% to 50% probability to a rate hike at the July 28-29 meeting. Bitcoin traded near $62,200 on Tuesday, down 3% over 24 hours.
Hand delivery availability confirmed when you enter your address. Check whether you already have access via your university or organisation. Terms & Conditions apply. . - Hand delivery availability is confirmed at the address you enter when entering your address, but the availability is not guaranteed.
Weekly application fees for Solana closed last week at their lowest level since 2023. They collected 88% less compared to this year’s peak of $50 million in early February and 98.5% less than their weekly all-time high of $491 million back in January 2025.
Bitcoin is trading near $62,172, down 3.1% from Monday's high of $64,273 and low of $61,794. Three catalysts arrive within the next 24 hours: June CPI at 8:30 a.m. ET Tuesday, Fed Chair Kevin Warsh's semiannual testimony before Congress at 10:00 am ET, and the start of US military enforcement of a blockade against Iranian shipping at 4:00 p.m ET. Bitcoin price could open today's session reacting to backward-looking relief and close reacting to a forward-looking shock.
The market has operated on the assumption that AI spending would lift everything around it. This morning's unexpected event raises uncomfortable questions about whether AI’s massive capital spending boom is cannibalizing the very companies investors expected it to enrich. The questions raised this morning could wind up being contagious and spreading to other AI names.
The June Consumer Price Index came in softer than forecast. Bitcoin price briefly climbed above $64,000 on Tuesday. The Labor Department reported that headline CPI fell 0.1% in June from the prior month. Core CPI, which strips out food and energy, held at about 2.9% year over year, above the Fed’s 2%.
Dollar, Euro and Pound Navigate Policy Signals and Data Releases. US CPI inflation and Kevin Warsh's appearance before Congress are the main focus today. The euro is underperforming as markets begin to anticipate that the European Central Bank’s rate hike cycle has been concluded.