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Easy-Money Policy Continues: Fed Plans to Keep Purchasing Assets, Interest Rates to Stay Near Zero
29.7.2021
Members of the U.S. Federal Reserve discussed the possibility of economic measures and actions at the Federal Open Market Committee’s (FOMC) meeting on Wednesday. The Fed said that right now the central bank is not considering cutting back large asset purchases just yet, and the central bank...
Bitcoin struggles at $40K after ‘most confusing’ Jerome Powell press conference
29.7.2021
The Federal Reserve Chairman had to explain what he meant by the term "transitory" inflation as he admitted that consumer prices have gone higher than he and other central bank officials had anticipated
Massive government spending accelerating crypto adoption: Sen. Cynthia Lummis
29.7.2021
Senator Cynthia Lummis said that inflation and massive government spending is accelerating the adoption of digital assets
Ethereum pares gains, Bitcoin pushed under $40K as Fed set to reveal tapering plans
28.7.2021
The two cryptocurrencies appear directionless after correcting in sync lower from their monthly highs
Bitcoin Takes a Breather as Stocks Drop, Inflation-Adjusted Bond Yields Hit Record Low
27.7.2021
Deep negative real returns on bonds tend to boost the attractiveness of other assets
Fed Faces Double Inflation as Supply Chain Falters, Economists Question Spending, Biden ‘Not Worried’
26.7.2021
Reports show a vast majority of the American populace has been worried about rising inflation and as the weeks roll by, the financial situation continues to look grim. US Senator: ‘There’s No Justification for the Fed to Maintain Its Purchases’ A few analysts believe the upcoming...
Cryptocurrency is ‘pure trading instrument,’ hedge fund CEO says
26.7.2021
Hedge funds are adopting crypto investments, but one asset manager says it is all a speculative play
Bitcoin price weekly outlook: BTC bulls await breakout above 50-day EMA
25.7.2021
BTC price inched toward 2020's support with traders expecting more gains if a breakout occurs
Goldman Sachs Survey Shows Family Offices Are Flocking to Crypto Investments
22.7.2021
High net-worth families are turning to cryptocurrency investments, according to a recent Goldman Sachs survey that found close to half of the company’s family office clients are inquisitive about crypto-asset investments. A Goldman Sachs executive further said that a large portion of...
GPU price inflation dips slightly as Ether downtrend continues
21.7.2021
With Ether sinking below $2,000, the price of graphics cards has seen a further decline from June to July
As the Stock Market Dives Report Shows ‘US Households Now Have Record High Exposure to Stocks’
19.7.2021
While inflation has kicked up in the U.S., following the massive stimulus issued by the Federal Reserve, investor and financial writer Lyn Alden Schwartzer published a report that shows “U.S. households now have record high exposure to stocks.” The news comes at a time when many...
Jackson, Tennessee Mayor Praises Bitcoin’s Benefits Against Inflation, Aims to Create a BTC Hub
18.7.2021
Jackson, Tennessee’s mayor is a fan of bitcoin and he wants the city to become a bitcoin hub in order to entice technology companies and innovation. Jackson’s mayor Scott Conger is in the midst of discussing creating legislation that allows Jackson residents to pay property taxes with...
Big bullish pattern on US dollar index chart puts Bitcoin at risk of losing $30K
16.7.2021
A strengthening dollar could be negative for pretty much every risk asset on board, including Bitcoin, whose value boomed against the dwindling greenback after March 2020
DoubleLine CEO sees Bitcoin buy moment at $23K, predicts US dollar will drop 'pretty substantially'
15.7.2021
According to Jeffrey Gundlach, the trading pattern for Bitcoin may suggest a price drop below $30,000
New York Giants’ Saquon Barkley Plans to Convert Endorsement Revenue to Bitcoin
15.7.2021
Another pro athlete in the National Football League (NFL) is planning to convert some of his earnings into bitcoin. The 24-year-old running back for the New York Giants, Saquon Barkley, discussed converting his endorsement revenue into bitcoin during a recent interview with the Morgan Creek Digital...
Bonded.Finance: DeFi Diversification to Combat Hyper-Inflation & Volatility
15.7.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Decentralized finance (DeFi) is growing at an unprecedented rate, pushing the financial services industry into an era of reinvention and adapting to modern trends. However, DeFi is still in its incredibly...
Bitcoin & Inflation: Maturing Into A Real Asset
14.7.2021
James Butterfill, Investment Strategist at major European digital asset investment firm CoinShares.
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Producer prices, being exposed to rising commodity prices, is where inflation is beginning to rear its ugly head. At 7.1% for the developed world, this is now in the 90th percentile...
Ethereum bounces but ETH price in danger of turning $2.3K into new resistance
14.7.2021
The Federal Reserve chairman sidelined inflation concerns, which appears to have coincided with a relief bounce for Ethereum
Bitcoin sell-off continues as BTC nears $31K ahead of Powell’s speech
14.7.2021
The latest price declines came after the US inflation rose to a 30-year high in June
Crypto community divided on whether Bitcoin is an inflation hedge
14.7.2021
Market observers expressed more concerns over the Bitcoin price drop amid a significant projected spike in inflation