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Ethereum inflation rises, threatens ‘ultrasound money’ status: Report
4.10.2024
Ethereum’s inflation rate hit a two-year high as layer-2 solutions curb transaction burns, challenging its deflationary promise, according to a new Binance Research report
US inflation rises, BTC fluctuates, and Asia gears up for Bitcoin ETF
12.4.2024
Three updates have taken the market by storm. First, the US inflation figure is above the expected amount. Second, BTC has started experiencing fluctuations in its value ahead of Halving. Third, Hong Kong is very likely to approve the Spot Bitcoin ETF and become the first Asian country to do...
US Inflation Rises Beyond Projections: Markets Jittery, Rate Hike in Question
12.10.2023
In September, U.S. inflation surpassed expectations, with the U.S. Bureau of Labor Statistics revealing a 3.7% year-on-year surge in the consumer price index (CPI), as per the latest data. While core inflation slightly decreased from 4.3% to 4.1%, market pundits anticipate that the U.S. Federal...
Ethereum Inflation Rises as Onchain Activity Declines; $35.31M Added in 17 Days
11.10.2023
Ethereum’s shift from a deflationary to an inflationary model has witnessed a 0.178% uptick in the last 17 days. During this period, the network added 22,502 ether, valued at $35.31 million, to its total supply. Ethereum’s Growing Inflation Fueled by Onchain Downturn Previously...
U.S. CPI Inflation Rises 0.1% in March, Slower Than Forecasts for 0.2%
12.4.2023
Bitcoin rose/fell to $XX,XXX in the minutes following the report
Biden Says US Economy Is ‘Strong as Hell’ — White House Claims the President ‘Has Done the Work’ to Fix Inflation
19.10.2022
U.S. President Joe Biden has been criticized for stating that the U.S. economy is “strong as hell” as inflation rises to a 40-year high. Meanwhile, the White House claims that Biden understands and “has done the work” to fix the inflation issue. Joe Biden Believes the U.S....
Bitcoin Price Prediction – US Inflation Hits 40 Year High, Fuels Big Rate Hike Sentiment
13.10.2022
Most cryptocurrencies experienced a bloodbath during the US session, with a dramatic selling trend following the release of US CPI figures. Recalling our Asian session Bitcoin price prediction, Bitcoin has traded dramatically bearish, losing more than 3% to trade below $19,000....
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Bitcoin and Hard Assets Will Win as Inflation Rises, Novogratz Says and Sees BTC at USD 500K
20.7.2022
Bitcoin (BTC) and other hard assets will rise strongly in price as the world continues down a path of prolonged and high inflation, argued Mike Novogratz, founder and CEO of major financial services and investment management firm Galaxy Digital.
Speaking at the Bloomberg Crypto Summit on Tuesday...
US Inflation Spiked 8.6%, Highest in 40-Years — Economist Says We’re Not ‘Seeing Any Signs That We’re in the Clear’
11.6.2022
After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had peaked and it was possible that inflation would subside. However, statistics from the U.S. Labor Department indicate the CPI increased 8.6% from a year...
Inflation Rises Sharply in the US as Consumer Prices in March Spiked to 8.5%
12.4.2022
Inflation in the U.S. continues to remain red hot as consumer prices last month increased sharply to 8.5% in March compared to the same month last year. Metrics show the Bureau of Labor Statistics’ (BLS) Consumer Price Index (CPI) spiked last month at the fastest pace since December 1981....
U.S. Inflation Rises to 7.9% in February, Fresh 4-Decade High
10.3.2022
Bitcoin, seen by some investors as a hedge against rising prices or dollar devaluation, was little changed after the Consumer Price Index (CPI) report, which closely matched economists' expectations
Bitcoin Adoption Soars in Turkey Amid High Inflation, Lira Hitting Record Low
19.10.2020
People in Turkey are increasingly turning to bitcoin as the local currency, the Turkish lira, recently hit another record low against the dollar. Bitcoin adoption in Turkey outshines other countries in the region. Turkey Is Regional Leader in Bitcoin Adoption Bitcoin adoption has been increasing...