Housecoin rally loses steam after 600%+ surge as bullish momentum cools

Housecoin rally loses steam after 600%+ surge as bullish momentum cools

Housecoin’s explosive rally may be losing steam, as momentum indicators point to a cooling trend following its parabolic 600% surge. Launched in early April on the Solana (SOL) blockchain, Housecoin (HOUSE) is a memecoin satirically positioned as a hedge against the collapsing real estate market, using the tagline “Flipping the Housing Market, One $HOUSE at … Read more

Bitcoin Rises as US Inflation Cools to 2.8% in February

Bitcoin price chart showing a rise following lower US inflation data

Right after the report dropped, Bitcoin’s price jumped to $83,371. Lower inflation means the Fed is less likely to tighten the screws on the economy. Stocks went up too. Everyone’s feeling a bit more optimistic. There’s also something called Core CPI, which ignores food and energy prices. That came in at 3.1%, a touch below … Read more