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
Introduction February witnessed a downturn in Bitcoin (BTC) mining economics, with JPMorgan analysts highlighting mounting pressure on miners. For strategic investors, however, this often signals an opportunity to take advantage of market inefficiencies. Mining challenges can serve as early indicators of shifts in Bitcoin’s supply-demand dynamics, potentially unlocking strategic entry points. Factors Impacting Bitcoin Mining … Read more
Trading volume on Pump.fun, a leading Solana-based token launchpad, plunged 63% in February following a string of high-profile memecoin scams that have eroded investor confidence. Pump.fun volume dropped from $119 billion in January to $44 billion in February, the lowest since October 2024, according to data from a Dune Analytics dashboard. Pump.fun’s new token launches … Read more
The cryptocurrency sector suffered staggering losses in February, with scams, exploits, and hacks totaling nearly $1.53 billion, according to blockchain security firm CertiK. The bulk of these losses stemmed from the $1.4 billion attack on Bybit, marking the largest crypto heist in history. On February 21, hackers targeted crypto exchange Bybit, reportedly seizing control of … Read more