The crypto market heat map is shining red with the price falls compared to the gains. But this is not just today, as the market has been behaving like this for days with no significant recovery since March. The entire month of April had been full of ups and downs. For a few days, the The post Did The Crypto Market Crash Today? appeared first on CoinGape .
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Bitcoin Price: Will Softer CPI Send BTC To $70,000 In May?
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 .
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Floki Price Soars 13% as Futures Trading Debuts on Kraken
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 .
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Ex-Speaker Paul Ryan Sees Stablecoin Legislation as Key to Economic Stability
Former U.S. House Speaker Paul Ryan has expressed strong support for stablecoins, suggesting that their regulation could be pivotal in addressing the nation’s economic challenges. In a recent interview with Bloomberg, Ryan highlighted the potential benefits of stablecoins for mitigating the U.S. sovereign debt crisis, currently at $34.7 trillion with over $1 trillion in annual The post Ex-Speaker Paul Ryan Sees Stablecoin Legislation as Key to Economic Stability appeared first on CoinGape .
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Bitfarms Terminates CEO Geoffrey Morphy, Faces $27 Million Lawsuit
Bitfarms Ltd., a global bitcoin mining company, has announced the immediate termination of Geoffrey Morphy as president and CEO, along with his removal as a director. Following his dismissal, Morphy filed a lawsuit against the company, seeking $27 million in damages for alleged breach of contract and wrongful dismissal. Bitfarms is set to defend against
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