Futures Slide With All Eyes On “Big Jump” In CPI

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US equity futures continued their slide, and a sell-off in global shares extended to its longest losing streak in two months on Wednesday as investors awaited the latest inflation figures to assess the risk that soaring prices will snuff a recovery in the world’s biggest economy, prompting bets on earlier interest rate hikes and higher…

What Crypto Insiders Think About Elon Musk’s Bitcoin U-Turn

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Follow us @crypto for our full coverage. Cyptocurrency enthusiasts got a nasty shock Wednesday when Elon Musk, founder of Tesla Inc.and the second-richest person on the planet, announced on Twitter that his automaker wouldn’t accept payment in Bitcoin any more due to environmental concerns.After all, this is the same man who just a few months…

Market Wrap: Bitcoin, Ether Near Record Prices as Crypto Market Celebrates Coinbase’s First Trading Day

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Bitcoin (BTC) trading around $62,174.12 as of 20:00 UTC (4 p.m.ET).Slipping 1.38% over the previous 24 hours. Bitcoin’s 24-hour range: $61,400.28-$64,829.14 (CoinDesk 20) BTC trades between its 10-hour and 50-hour averages on the hourly chart, a sideways signal for market technicians. Fundamentals seem to be taking the back seat to the hype of the moment;…

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