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Bitcoin back above $81,000 after hot CPI print, BNB, DOGE lead majors gains

Bitcoin has surged back above $81,000 following a strong Consumer Price Index (CPI) report that has positively influenced market sentiment. Major cryptocurrencies such as BNB and DOGE have also experienced significant gains, leading the market rally. The CPI data suggests a potential easing of inflation, which has bolstered investor confidence in digital assets. Overall, the cryptocurrency market is reacting favorably to these economic indicators, with many altcoins following Bitcoin's upward trend.

Read the full article: CoinDesk

Legend becomes latest DeFi app to throw in towel

Legend, a decentralized finance (DeFi) application, has announced its closure, becoming the latest casualty in the struggling DeFi sector. The decision comes amid ongoing challenges such as regulatory scrutiny and market volatility that have impacted many similar platforms. Legend's team cited the inability to sustain operations and provide

Upexi falls 8% after widened fiscal Q3 net loss

Upexi reported an 8% decline in its stock price following a significant increase in its fiscal Q3 net loss, which widened to $2.1 million compared to a loss of $1.1 million in the same period last year. The company's revenue also decreased, falling to $7.5

EToro profits rise as commodities boom offsets crypto trading slump

EToro reported a rise in profits due to a surge in commodities trading, which helped offset a decline in cryptocurrency trading activity. The company's revenue increased significantly, driven by heightened interest in commodities amid market volatility. Despite the slump in crypto trading, EToro's diversified offerings allowed

Nevada regulators push back after prediction market conference blames them for move

Nevada regulators have responded to criticism from a recent prediction market conference that blamed them for hindering the growth of the prediction market industry in the state. The conference highlighted concerns that regulatory barriers are stifling innovation and investment in this sector. In their defense, regulators emphasized their commitment to

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Legend becomes latest DeFi app to throw in towel

Upexi falls 8% after widened fiscal Q3 net loss

EToro profits rise as commodities boom offsets crypto trading slump

Nevada regulators push back after prediction market conference blames them for move