Higher | Crypto

The cost of medical care, apparel, household furnishings, airline fares, and education all rose during the month of February, BLS data shows. The latest rise in the consumer price index (CPI) was “in line with estimates,” and rising inflation has already been priced into the macroeconomic data for the March CPI print, according to market analysts at exchange-traded product (ETP) issuer 21Shares. Shelter rose 0.2% in February, while the food sector of the CPI rose 0.4%, energy increased by 0.6%, and the index for all items, excluding food and energy, rose by 0.2%, according to the US Bureau of Labor Statistics (BLS) February CPI report. Stephen Coltman, head of macro at 21shares, said the upcoming CPI prints place even more pressure on the Federal Open Market Committee (FOMC), the body that decides interest rate policy. He said:  Read more

BNB ($BNB) has climbed 6.2% to $843 as institutions commit up to $1.5 billion, DeFi deposits expand, and the Maxwell upgrade halves block times. But stretched long/short ratios, waning buy deltas, and Fibonacci resistance near $860 have raised prospects of a squeeze if momentum fails to extend. The post BNB ($BNB) Bulls Charge Ahead to $843, Can Institutional Momentum Push It Higher? appeared first on Cryptonews.

BTC edges Higher, Plasma ICO today, Inflation Data this week FOMO HOUR EP374 BTC: 107.7k (+3%), ETH: 2540 (+2%), SOL: 155 (+5%). Top Gainers: ICP, SPX, FARTCOIN, VIRTUAL, BONK. BTC ETFs: -$48mn, ETH ETFs: +$25mn. BTC edges higher, dominance rises to 65%. ETH ETFs on 15 day inflow streak. Plasma ICO today, expecting to raise $50m. Deutsche Bank considers issuing stablecoin. UK FCA to lift crypto ETN ban for retail. Strategy raises $980m in equity sale. Saylor dismisses Bitcoin Quantum Fears. Blockchain Group to raise $340m to buy BTC. Apple & Google consider integrating stablecoins. BTC is a proven store of value: Uber CEO. Nasdaq expands crypto benchmark to 9 assets. Gemini files for IPO. X collabs with Polymarket for prediction markets. Cetus protocol relaunches on SUI. Dubai records $399m tokenized RE sales in May. FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topic...

$PEPE has delivered an 84% gain in three days and stands 92% higher for the month, pushing its capitalisation past $5.9 billion and into the crypto top 25. While derivatives data show profit-taking and lower open interest, a growing holder base suggests retail support could sustain the trend. The post $PEPE Slips 3% After 84% Surge – Will Meme-Coin Mania Push It Higher? appeared first on Cryptonews.