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Inflation in China Down to Lowest Number in More Than Two Years; Analyst Proposes Giving Cash Handouts to Avoid Deflation
13.5.2023
Inflation in China registered an increase of 0.1% year-over-year in April, according to numbers from the National Bureau of Statistics of the country, falling below expectations. Some analysts are already warning about the dangers of deflation, even calling on the Chinese government to deliver cash...
Inflation Expectations of Eurozone Consumers ‘Increased Significantly,’ ECB Says
12.5.2023
Consumers in the euro area have sharply raised their expectations about inflation in the coming months, the European Central Bank revealed. Survey data showing this comes after the monetary authority slowed the pace of its rate hikes last week while indicating that it’s still early for a pause....
BTC price risks $27K loss as Bitcoin trend lines brew 'bullish cross'
11.5.2023
BTC price action offers little relief to Bitcoin bulls despite U.S. macro data releases showing inflation subsiding
Bitcoin, Ethereum Technical Analysis: ETH, BTC Fall to Multi-Week Lows, Following US Inflation Data
11.5.2023
Ethereum fell below $1,800 in today’s session, as markets continued to react to the latest U.S. consumer price index. Inflation in the United States fell to 4.9% in April, less than the 5% sum many had expected. Bitcoin was also lower on the data, falling below $27,000. Bitcoin Bitcoin (BTC)...
Economist Peter Schiff Says ‘Nobody’s Money Is Safe in Any Bank’ — Warns of Financial Crises, Depressions
11.5.2023
Economist Peter Schiff expects a lot more banks to fail, warning that “nobody’s money is safe in any bank.” He stressed: “When the Fed sets interest rates too low and prints a lot of money … it unleashes massive inflation, creates tremendous economic imbalances that result in financial crises...
Bitcoin Price Prediction as US Inflation Rate Data is Announced – Will BTC Start Moving Up Now?
10.5.2023
As the US inflation rate data has been released, the crypto community is eagerly awaiting the impact on the Bitcoin market.
With the current state of the global economy, investors have turned to Bitcoin as a hedge against inflation.
The announcement of the inflation rate is expected to have...
What the Latest US Inflation Numbers Mean for the Bitcoin (BTC) Price
10.5.2023
The latest US Consumer Price Index (CPI) inflation numbers were just released and Bitcoin (BTC), which rallied at the time to hit session highs in the $28,300s, seemed to like it.
According to the latest CPI report, headline inflation fell to 4.9% YoY in April, its first sub-5.0% reading in over...
Bitcoin cracks $28K on CPI amid warning US inflation 'highly elevated'
10.5.2023
Bitcoin joins altcoins in reacting strongly to CPI data coming in below estimates, with BTC price clawing back ground toward $30,000
U.S. CPI Inflation Falls to 4.9% in April; Bitcoin Rises Above $28K
10.5.2023
The Federal Reserve last week suggested it could pause its long series of rate hikes even as inflation remains well above its 2% target
Bitcoin, Ethereum Technical Analysis: BTC Hovers Near Key Price Floor, Ahead of US Inflation Report
10.5.2023
Bitcoin was hovering close to a key price floor near $27,300 on Wednesday, as markets anticipated the upcoming U.S. inflation report. Consumer prices for last month are expected to remain at 5%, which could be seen as justifying the Federal Reserve’s decision to hike rates last week....
Bitcoin Tends to Become More Volatile Around Monthly U.S. Inflation Releases: Kaiko
10.5.2023
Monthly U.S. inflation readings influence the Fed policy, which impacts both crypto and traditional markets
Bitcoin eyes $28K push as traders demand CPI day BTC price volatility
10.5.2023
Bets are in for how BTC price action will react to the latest CPI print, with data favoring inflation dissipating in the coming months
Are Cryptocurrencies an Inflation Hedge? Theoretically Yes, Factually No Says S&P
10.5.2023
Some argue that crypto assets could be in demand in a high-interest rates/high inflation environment because they could serve as a store of value, however crypto's track record is too short to prove this, S&P said
Bitcoin Moves Sideways at $27.5K as Investors Await CPI Inflation Reading
10.5.2023
Equities slid. Investors will be watching Wednesday's release of the April Consumer Price Index for clues about the Federal Reserve's next monetary policy decision
Bitcoin Price Prediction as US Core Inflation Rate is Announced – Where is BTC Going Next?
9.5.2023
The decision made by Binance, the largest cryptocurrency exchange in the world, to suspend bitcoin withdrawals due to high volumes and increased processing fees has created anxiety among traders and raised doubts about the future direction of Bitcoin's price.
Despite the halt, the decrease...
Crypto market stable despite concerns about rising inflation rates and banking sector turmoil
9.5.2023
Bitcoin’s rally to over $25k in recent weeks and finally to 30k is a significant sign that a bull run might not be so far away. The news has added a layer of confidence in investor attitudes even as the banking sector faces a crisis. Numerous assessments in the financial markets have poked...
Canto Blockchain Set for Vote on Reduction in Liquidity Incentives, Block Rewards
8.5.2023
If passed, the mining incentives for each liquidity pool on Canto will be reduced on average by roughly 38%, and data-block rewards known as "security emissions" would decrease by 15%
Warren Buffett Sees ‘No Option’ Other Than US Dollar as Reserve Currency, but Warns Fed Can’t ‘Just Print Money Indefinitely’
8.5.2023
Warren Buffett, CEO of Berkshire Hathaway and one of the most renowned investors in the market, stated that he saw no viable option to become the world’s reserve currency besides the U.S. dollar. However, he warned about the dangers that printing too much money could bring to the strength...
Biggest Movers: XRP, SOL Move 5% Lower to Start the Week
8.5.2023
Xrp plunged to a six-week low on Monday, as cryptocurrency markets moved further into the red. The global crypto market cap fell by over 3% to start the week, which comes days ahead of the upcoming U.S. inflation report. Solana also declined, hitting a multi-week low. XRP Xrp, formerly known...
Argentina's central bank halts cryptocurrencies from payment apps
5.5.2023
The ban is intended to reduce Argentina's payment-system exposure to digital assets, said the monetary authority