The Bureau of Labour Statistics has released the Consumer Price Index (CPI) report this week, indicating that inflation is easing again in the US. According to the data, inflation grew slower in April, rising by 0.3% compared to 0.4% in the previous month, beating economists’ expectations of a 0.4% month-over-month growth. Bitcoin price, which hovered The post Bitcoin Price: Will Softer CPI Send BTC To $70,000 In May? appeared first on CoinGape .
The gaming cryptocurrency sector has seen growth with a global market cap of around $22.8 billion, experiencing an impressive 18.6% increase in trading volume to reach about $2.3 billion. Numerous altcoins have been drawing interest due to their strong performances. Let’s explore the world of three gaming altcoins that are gaining attention today: Floki Inu The post 3 Best Performing Gaming Altcoins Today appeared first on CoinGape .
Kraken, a US-based exchange, has introduced Perpetual Futures Trading for Floki (FLOKI), propelling its price upwards. This step has not only increased the trading possibilities but also given FLOKI the reputation of a mature asset in the digital currency world. Kraken Welcomes FLOKI to Futures Trading Kraken’s decision to introduce Perpetual Futures Trading for FLOKI The post Floki Price Soars 13% as Futures Trading Debuts on Kraken appeared first on CoinGape .
Mastercard and Standard Chartered Bank Hong Kong (SCBHK) have successfully completed their first live experiment on the execution of tokenized deposits using the Mastercard Multi-Token Network (MTN). This initiative tested how blockchain technology could be used in the banking sector. It was done under the supervision of the Hong Kong Fintech Supervisory Sandbox. Mastercard Multi-Token The post Standard Chartered and Mastercard Complete First Tokenized Deposit Test appeared first on CoinGape .
MicroStrategy Incorporated will shortly be part of a major global equity index due to the striking rally in its shares. The business intelligence and software firm has its stock value, which has been increasing Year-to-Date (YTD); thus, the growth has outperformed Bitcoin’s (BTC) growth, and as a result, the MSCI World Stock Index included it.
April saw a slight dip in U.S. inflation, settling at 3.4%, precisely what the analysts had pegged. This modest decline from March’s 3.5% was noted by the U.S. Labor Department this Wednesday. On the heels of this release, Federal Reserve Chair Jay Powell had just the day before reinforced the possibility of sustained high interest
Dogwifhat price forecast: WIF, a meme coin cryptocurrency on the Solana blockchain, has shown a bearish trend, declining significantly in the past 24 hours. This fast-trending token experienced a slight pullback from its previous day’s highs, indicating a phase of market consolidation. Meanwhile, Dogwifhat price is trading at $3.02, down 2% on Wednesday. The digital The post Dogwifhat Price Forecast: Reasons Why WIF Could Hit $5 May? appeared first on CoinGape .
Shiba Inu (SHIB) just excited its community with the announcement of the launch of ShibaSwap on Shibarium, its Layer-2 scaling solution. ShibaSwap on Shibarium: Unleashing New Functionalities The Shiba Inu ecosystem is expanding at a very fast pace and the launch of the long-awaited ShibaSwap on Shibarium marks a paradigm shift for the project. Every The post Breaking: ShibaSwap Officially Goes Live On Shibarium, SHIB Price Set For Rally appeared first on CoinGape .
Robinhood Crypto has launched Solana staking for its European customers, which will give them an estimated 5% APY at the beginning. This action places Robinhood Crypto at a competitive level, although a bit behind Coinbase’s 5. 42% and Phantom Wallet’s 7. 58% for Solana staking. Robinhood picks Solana for staking product Solana was Robinhood’s first
US lawmaker Rep Thomas Massie mulls a bill to end the Federal Reserve sparking diverse reactions from the crypto community. In a recent poll on social media platform X (formerly Twitter), the lawmaker asked if he should roll out a bill to abolish the Federal Reserve. At press time, 88% of participants voted to end The post US Rep Mulls Bill To Abolish US Federal Reserve appeared first on CoinGape .