Bitcoin retreats after Fed’s preferred inflation gauge shows mild uptick

Key Takeaways Bitcoin declined after the Core PCE inflation gauge exceeded expectations, signaling mild inflationary pressure. US consumer spending and personal income both decreased, indicating potential weakening in economic momentum. Share this article Bitcoin dropped below $107,000 early Friday after the core Personal Consumption Expenditures (PCE) index, the Fed’s preferred inflation gauge, ticked higher than…

Read More

XAODAO Is Going Live — Get Ready for a New Era of XRPL Governance

The much-anticipated XAODAO initiative is expected to encourage a decentralized decision-making process and enhance innovation on the XRPL.  XAODAO is reportedly based on three key principles: decentralization, blockchain technology, and member participation.  Ripple has unveiled the launch of a decentralized organization, XAODAO, to usher in a new era of innovation on the XRP Ledger (XRPL)….

Read More

SEC-Davao: Four Entities Under Monitoring Over Alleged Involvement in Crypto Scam

Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated. As part of a broader crackdown on online financial fraud in the region, the Securities and Exchange Commission (SEC) in the country’s 16th region, or the Davao Region, said…

Read More

ETFs, Macro Trends, and $114 Billion Futures Boom Drive Bitcoin Liquidity

The transformation of Bitcoin (BTC) from speculative novelty to a cornerstone of global finance is gaining momentum, with more than $544 billion in fresh capital flooding the network since late 2022. A new report from Glassnode and Avenir Group has uncovered a “liquidity trifecta” of on-chain dynamics, market microstructure, and macro linkages underpinning the original…

Read More