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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

A Structural Reset
A Structural Reset

Bitcoin price momentum is facing its first wave of meaningful resistance, as price attempts to consolidate and break above key technical and on-chain levels. Under the surface, a number of structural resets have occurred across multiple facets of the Bitcoin economy.

Glassnode·2025/04/29 16:00
Flash
  • 16:51
    Economist: Core Inflation Indicator PCE Annual Rate Expected to Improve in April
    On May 16, the core inflation indicator favored by the Federal Reserve may drop to its lowest level since 2021 in the April data. Economists from Pantheon Macroeconomics and Capital Economics estimate that the core PCE annual rate, excluding the more volatile food and energy prices, may decrease from 2.6% in March to 2.5% in April. This would be the lowest level since March 2021, just before the pandemic-era inflation surge truly began. (Jin10)   BlockBeats previously reported that Federal Reserve Chairman Powell stated today that the April PCE might be around 2.2%.
  • 16:51
    Spot gold rises above $3220/ounce, up 1.32% intraday
    On May 16, spot gold extended its gains, rising above $3,220 per ounce, up 1.32% for the day.
  • 16:50
    Bitcoin Surpasses $103,000
    On May 15, according to market information, Bitcoin surpassed $103,000, with the 24-hour decline narrowing to 0.4%.
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