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Today’s Top Crypto News, Friday October 28th

Today’s Top Crypto News, Friday October 28th •Fed’s Preferred Inflation Gauge Rises Less Than Expected, and Bitcoin Rises– Yahoo Finance “Bitcoin got a quick boost early Friday after a U.S. government report showing that an inflation gauge closely monitored by the Federal Reserve rose slower than estimated last month.” •Bitcoin Prices Are Holding On at $20,000. But […]

By Matt Montemayor · October 28, 2022

Today’s Top Crypto News, Friday October 28th

•Fed’s Preferred Inflation Gauge Rises Less Than Expected, and Bitcoin Rises– Yahoo Finance

“Bitcoin got a quick boost early Friday after a U.S. government report showing that an inflation gauge closely monitored by the Federal Reserve rose slower than estimated last month.”

•Bitcoin Prices Are Holding On at $20,000. But Cryptos at Risk of a Fall – Barron’s

“Bitcoin BTCUSD +0.55% and other cryptocurrencies were largely lower Friday, but continued to hold on to most gains from a rally earlier in the week.”

•Binance’s CEO Confirms Participating as Equity Investor in Musk’s Twitter Takeover – CoinDesk

“Changpeng Zhao said Binance had wired some $500 million “two days ago” as part of the move.”