Bitcoin (BTC) Dips to $32.2k as US Consumer Index Increases By 5.4%

The US Consumer Index has risen by 5.4% in June from a year ago This increment is the highest annual rate increment since August 2008 The US consumer is paying more for goods and services as inflation bites News of the increased Consumer Index has caused Bitcoin to once again lose its $33k support to post a local low of $32.2k The US Bureau of Labor Statistics has just released June’s Consumer Price Index which indicates that it has risen by 5.4% from a year ago. According to their analysis,…

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Pandatsuki | Launching A Fully Transparent Meme Coin For Charity

BERLIN, GERMANY, July 15, 2021 — The Pandastuki presale precedes the launch of the platform. The users can participate in the presale, starting from the 14th of July and it continues till the 21st of July. The presale is focused on inviting users and building a community of crypto enthusiasts with a motive of helping sustainable projects by contributing via charities initiated on the platform. Pandastuki is focused on building a better future and supports the transformation of this world to a better one with the help of its meme-based token interacting…

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Bank of England’s Deputy Governor: Cryptocurrencies Aren’t Big Enough to Pose Financial Stability Risk

Bank of England Deputy Governor Jon Cunliffe believes that cryptocurrencies are not big enough to pose financial stability risk. “They’re not of the size that they would cause financial stability risk, and they’re not connected deeply into the standing financial system,” said the deputy governor. Crypto Poses No Financial Stability Risk, Says Deputy Governor of Bank of England Jon Cunliffe, the deputy governor of the Bank of England, talked about cryptocurrency and whether it poses financial stability risk in an interview with CNBC Wednesday. He said: The speculative boom in…

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Here’s one way to trade Bitcoin even as BTC price teeters over an abyss

Bears have pushed Bitcoin price to the lowest rungs of its current range, but savvy traders can still generate a nice profit via the Iron Condor options strategy. In the last 29 days, Bitcoin (BTC) has been ranging from $31,000 to $36,000 as the impact of the recent China ban and a $1.4 billion Grayscale GBTC share unlocking continue to pressure markets. China’s government implemented a series of measures to curb cryptocurrency mining and trading by ordering the immediate shut down of some operations and instructing domestic banks to suspend…

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