Author: Cointelegraph By Ciaran Lyons

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Bitcoin may hit new high if US employment, inflation slows

Bitcoin could hit new highs in a matter of days if it holds strong amid three-year low job openings and possible slowing inflation in the U.S., says crypto researcher Markus Thielen. Source link

Bitcoin ‘coiling’ up for a huge move as it hovers around $71K

Bitcoin’s average price across 5-day, 30-day, and 50-day periods are almost the same, indicating low volatility and raising the chances of a price breakout in either direction. Source link

Polygon never set out to beat Ethereum: Anurag Arjun, X Hall of Flame

Polygon never set out to slay Ethereum, despite perceptions at the time, says co-founder Anurag Arjun. Source link

El Salvador's pro-Bitcoin president Nayib Bukele sworn in for a second term

El Salvador’s pro-Bitcoin President Nayib Bukele began a new five-year term, with the crypto industry applauding his leadership as he positions the country as a “world leader.” Source link

US banking lobby last-minute bid to stop Biden vetoing SAB 121 overturn

The American Bankers Association claims that United States President Joe Biden’s move will “harm investors, customers, and ultimately the financial system.” Source link

US SEC is ‘bent on choking’ the crypto industry — Coinbase

The United States Securities and Exchange Commission “is serious about the destruction of digital assets,” according to cryptocurrency exchange Coinbase. Source link

Biden misses chance to 'correct' position on crypto — Senator Lummis

United States Senator Cynthia Lummis claims that US President Joe Biden “doubled down on his administration’s failed policies.” Source link

Spot Ethereum ETF 'fee war' begins as Franklin Templeton discloses fees

Franklin Templeton has started the spot Ethereum ETF “fee war” by being the first to announce its fees in an amended S-1 application, according to ETF analyst Eric Balchunas. Source link

US President Joe Biden vetoes SAB 121 repeal

United States President Joe Biden said he vetoed the resolution because “he will not support measures that jeopardize the well-being of consumers and investors.” Source link

Bitcoin needs ‘3.3% or lower’ CPI print to reach new ATH

Bitcoin price movements may “appear random,” but critical drivers such as inflation are what’s making it move, according to a crypto analyst. Source link