Price analysis 6/12: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC

After the tough sell-off seen in the past week, the cryptocurrency markets will be looking for some support from the macroeconomic data this week. The all-important United States Consumer Price Index report on June 13 will be followed up by the Federal Reserve’s policy decision on June 14.  Both these events could trigger a sharp

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Mexico City Mayor Claudia Sheinbaum steps down to run for presidency

Mexico City Mayor Claudia Sheinbaum speaks during the opening of the first clinic exclusively for trans and non-binary people in Mexico City, Mexico October 1, 2021.—Reuters  MEXICO CITY: Mexico City’s mayor, Claudia Sheinbaum, announced on Monday her resignation from office in order to launch her campaign for the presidency. With the upcoming election to succeed

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Bitcoin on-chain data shows miners offloading BTC as revenues shrink

Bitcoin’s on-chain data provides evidence that Bitcoin miners are offloading their holdings. The factors influencing the selling pressure could be reduced earnings from a cooldown in Ordinals activity as well as mining difficulty and hash rate reaching an all-time high.  According to on-chain analytics firm Glassnode, “Miners have been sending a significant amount of coins to

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Senator opens investigation into PGA Tour merger with Saudi-backed LIV Golf

PGA Tour logo during the third round of the Travelers Championship on June 24, 2017, at TPC River Highlands in Cromwell, Connecticut. Fred Kfoury | Icon Sportswire | Getty Images WASHINGTON — A top Democratic lawmaker launched a probe on Monday into the planned merger of the PGA Tour and Saudi-backed LIV Golf. Sen. Richard

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Ukraine claims to have captured another village as highly anticipated counteroffensive underway

Ukraine’s counteroffensive claimed another victory Monday as troops retook a fourth village from Russian forces in the country’s southeast.  Deputy Defense Minister Hanna Maliar claimed on Telegram that Ukrainian forces had retaken the village of Storozhov, in the eastern Donetsk region.  FILE:  Local resident receives humanitarian aid (food) at a destroyed building a day after

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Ukraine live briefing: Kyiv claims gains in counteroffensive; U.S. musician arrested on drug charges in Russia

Ukraine has liberated five villages in the Donetsk and Zaporizhzhia regions, said Valeriy Shershen, a spokesman for Ukrainian military units, marking what may be the country’s first gains in its long-anticipated counteroffensive. The Washington Post could not confirm whether Russian troops remain in either area. Russia has arrested an American expatriate on drug charges, according

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Ordinals and enterprise adoption drove network revenues for Bitcoin and Ethereum in May: Report

Bitcoin revenue jumped 249% YoY in May, while Ethereum network fees rose 53.7% in May, according to a research report by the ETC Group. Ordinals and enterprise adoption drove network revenues for Bitcoin and Ethereum respectively. Regulation and macroeconomics remain key factors even as benefits of tokenisation attracts major banks. The current market outlook for

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