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US inflation rises for first time in 5 months as tariff costs ripple through economy
US inflation rises for first time in 5 months as tariff costs ripple through economy

Share link:In this post: US core inflation rose by 0.3% in June, the biggest increase since January, as tariffs pushed up import costs. Retail sales stayed weak, but the Federal Reserve is not ready to cut interest rates due to ongoing inflation worries. Tariffs are raising global inflation concerns, and central banks in countries like Canada, Japan, and the UK are watching closely.

Cryptopolitan·2025/07/13 08:10
Elon Musk’s SpaceX agrees to invest $2 billion in xAI
Elon Musk’s SpaceX agrees to invest $2 billion in xAI

Share link:In this post: SpaceX is investing $2 billion in xAI, nearly half of its $5 billion equity raise. Elon Musk merged xAI with X earlier this year, valuing the combined company at $113 billion. Grok 4 launched this week but faced backlash after posting offensive replies on X.

Cryptopolitan·2025/07/13 08:10
$117,000 Bitcoin: Just the Beginning of the Bull Run
$117,000 Bitcoin: Just the Beginning of the Bull Run

Bitcoin hits $117,000 and shows no signs of slowing down—experts say this could be just the beginning.Bitcoin Breaks $117,000—And It’s Far from OverWhat’s Fueling the Climb?What’s Next for Bitcoin?

Coinomedia·2025/07/13 07:30
Bullish Divergence for Altcoins Signals Breakout
Bullish Divergence for Altcoins Signals Breakout

Bullish divergence spotted across altcoins—technical charts hint at a strong recovery phase ahead.Altcoins Flash Bullish Divergence: Is the Altseason Near?What Is Bullish Divergence?Could This Trigger an Altcoin Rally?

Coinomedia·2025/07/13 07:30
Cardano Eyes Breakout as ADA Targets $1.20
Cardano Eyes Breakout as ADA Targets $1.20

Cardano ($ADA) breaks resistance, setting up for a possible rally toward $0.90–$1.20 amid rising bullish momentum.What’s Fueling the ADA Rally?Can Cardano Reach $1.20?

Coinomedia·2025/07/13 07:30
SHIB Breakout Target Projects 500% Price Surge
SHIB Breakout Target Projects 500% Price Surge

SHIB eyes a 500% rally as its breakout target of $0.000081 remains intact following a trendline resistance break.Why $0.000081 is the Breakout TargetRisks and What to Watch Next

Coinomedia·2025/07/13 07:30
Ethereum ETF Demand Surges Past $900M
Ethereum ETF Demand Surges Past $900M

Ethereum ETFs stack $908M in ETH as demand begins to outpace supply, signaling a major shift in market dynamics.Supply Shortage May Spark Ethereum Price RallyThe Shift Is Already Underway

Coinomedia·2025/07/13 07:30
TOTAL2 Chart Signals 25% Rally Ahead
TOTAL2 Chart Signals 25% Rally Ahead

TOTAL2 breaks out of inverse head and shoulders pattern, signaling a potential 25% altcoin market rally.Bullish Breakout in Altcoin MarketWhat Is the Measured Target?Eyes on the Altcoin Space

Coinomedia·2025/07/13 07:30
Bitcoin $120,000 All-Time High Imminent as Supply Shock Nears
Bitcoin $120,000 All-Time High Imminent as Supply Shock Nears

Bitcoin’s growing demand and tightening supply could push its price past $120,000, with strong investor accumulation and bullish momentum.

BeInCrypto·2025/07/13 07:30
Pi Coin Holders Continue to Sell as Pi Network Faces All-Time Low
Pi Coin Holders Continue to Sell as Pi Network Faces All-Time Low

Pi Coin shows weak market momentum as outflows hit record highs. With no clear recovery in sight, it risks falling to new lows.

BeInCrypto·2025/07/13 07:00
Flash
17:19
The Federal Reserve's fixed-rate reverse repurchase operation accepted $581 million
The Federal Reserve accepted a total of $581 million from 8 counterparties in its fixed-rate reverse repurchase operations.
17:19
Due to the inflow of U.S. metals, LME adds Detroit as a new copper delivery point
On June 15, the London Metal Exchange announced that, after the first warehouse company was approved to store copper locally, Detroit will officially begin serving as a copper delivery point in three months.
17:15
Night session futures close
The international copper night session closed flat, Shanghai copper closed down 0.14%, Shanghai aluminum closed down 1.80%, Shanghai zinc closed up 0.34%, Shanghai lead closed up 0.62%, Shanghai nickel closed up 0.17%, and Shanghai tin closed up 1.52%. The alumina night session closed down 1.50%, aluminum alloy closed down 1.41%. Stainless steel night session closed up 1.11%.
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