News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Share link:In this post: XRP drops 4% after failing to sustain a breakout above $2.50, with support at $2.30. The RSI remains neutral as market uncertainty continues. Key US inflation reports this week, including CPI and PPI, may influence Fed policy and impact high-risk assets like crypto. Bitcoin and gold broke their inverse relationship with the S&P 500, while the insurance stock fall due to LA wildfire losses could boost crypto interest.
Solana's price is down 20% this week, facing strong bearish momentum. While supports are under threat, a potential rebound could aim for $203.
Bitcoin offset its meagre inflation with massive increase while US DXY increased by just 12% with compound inflation hitting 20%.
MicroStrategy has purchased another 2,530 BTC for approximately $243 million at an average price of $95,972 per bitcoin.The latest acquisitions follow the sale of MicroStrategy shares equivalent to the same amount.
It still needs to consolidate for a while to form a structure resembling a relative bottom.
- 20:07All Three Major U.S. Stock Indexes Close Higher, Cryptocurrency-Related Stocks Rise BroadlyAccording to Jinse Finance, all three major U.S. stock indexes closed higher, with the Dow Jones up 0.2%, the Nasdaq up 0.27%, and the S&P 500 up 0.14%. Cryptocurrency-related stocks generally rose, with Circle gaining over 9%. Major tech stocks were mixed, with Tesla and Netflix both up more than 1%, while Apple fell more than 1%.
- 19:48Iranian Foreign Ministry: No Definite Timeline for Iran-U.S. Nuclear TalksAccording to Jinse Finance, Iranian Foreign Ministry spokesperson Ismail Baghaei stated on the 14th local time that there is currently no specific timetable for negotiations between Iran and the United States regarding the nuclear program. Regarding the potential meeting between Iranian Foreign Minister Abbas Araghchi and U.S. Special Envoy for Middle East Affairs Steven Wietkoff, Baghaei said that so far, "there is no definite time or location" for this matter. (CCTV)
- 18:56Digital Commodities Raises $2 Million in Funding to Purchase Bitcoin and GoldAccording to ChainCatcher, Canadian investment firm Digital Commodities has announced the completion of its final private placement round, raising a total of $2 million. The round was fully subscribed, and the funds will be used to purchase Bitcoin and gold.