It appears that rising fuel costs and international geopolitical tensions are catching up with global economies, and the US is no exception. The CPI numbers for April are out, indicating that inflation in the country has surged to 3.8%, the highest level since May 2023. Core CPI inflation also...

Bitcoin was trading at $80,814 following the news, down 1.2% over the past 24 hours....

CleanSpark reported a net loss of $378.3 million for the quarter ending on March 31, a steep increase from the $138.8 million loss reported the same period last year....

The closure exacerbates geopolitical tensions, destabilizes oil markets, and pressures global economies reliant on stable energy supplies. The post Strait of Hormuz closure leads to 1B-barrel oil shortfall, ADNOC CEO reports appeared first on Crypto Briefing....

Bitget is facing renewed scrutiny after Lookonchain reported that ten fresh wallets withdrew 100 million LAB tokens, worth about $480.33 million, from the exchange over a 12-hour window. The transfers represented 32.26% of LAB’s circulating supply, according to the on-chain tracker, adding fresh fuel to allegations from ZachXBT and...

Ethereum eyes $3,500 breakout as LILPEPE presale momentum builds amid broader crypto recovery. For the current trading range around $2.3K in Ethereum, many people are paying close attention since it seems that the cryptocurrency has a good potential to break…...

Sui price continued consolidating near recent highs on Monday after posting one of the strongest weekly rallies among major cryptocurrencies, raising expectations that bulls could soon attempt a retest of the key $1.50 resistance level. According to data from crypto.news,…...

The rejection highlights challenges in GameStop’s expansion strategy, impacting market confidence and reflecting broader economic caution. The post EBay rejects GameStop’s $56B takeover bid, market odds drop sharply appeared first on Crypto Briefing....

A hotter CPI could delay rate cuts, impacting risk assets and crypto markets, as investors reassess economic conditions and inflation trends. The post Morgan Stanley sees ‘spicier’ CPI as inflation week kicks off appeared first on Crypto Briefing....

The platform tokenizes collateral on blockchain rails and uses smart contracts to enable 24/7 automated collateral management across financial markets....