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Cautious Bitcoin Bounce to Face Inflation Data Hurdles Later This Week
13.5.2024
The downtrend in inflation has stalled so far this year, putting in doubt the odds for any Fed rate cuts in 2024
Bitcoin price shows strength as investors anticipate return of money printing
13.5.2024
Bitcoin rallies as central bank stimulus packages become more common, and the Fed’s signal of “higher for longer” interest rates aligns with investors’ market view
Stablecoin Expansion Stalls Ahead of U.S. Inflation Data
13.5.2024
Wednesday's U.S. CPI data is expected to show the cost of living likely increased 3.4% over the year in April, a moderation from March's 3.5%
Goldman Sachs Analyst Says Consumers Under Severe Pressure as Stagflation Intensifies
12.5.2024
Goldman Sachs analyst Scott Feiler warns of a bleak outlook for consumers as stagflation looms, with a bearish stance on consumer cyclicals and defensive stocks. Amidst the administration’s troubled Bidenomics, heavily indebted consumers face mounting pressures as pandemic savings dry up...
Stan Druckenmiller Slams Bidenomics — Advocates for Less Government to Boost Innovation
11.5.2024
Renowned investor Stanley Druckenmiller has criticized Bidenomics, stating that he would give it an F if he was a professor. “Treasury is still acting like we’re in a depression,” he said, adding that “they’ve spent and spent and spent.” Moreover, Druckenmiller...
Bitcoin's Modest Rally Cut Short, Price Tumbles Back Below $61K
10.5.2024
Stagflationary U.S. economic data and hawkish remarks from a Fed speaker appeared to sour the bullish mood
Warhammer's About To Get A Bit More Expensive
7.5.2024
Money is imaginary, and yet we imagine the worst possible version. As we all agree to pretend that swapping numbers on a computer, or paper and metal in person, makes sense as a transaction for goods, we also for some reason pretend that said goods get more expensive. As a result of this, Games...
Bitcoin Post-Halving Price Consolidation Isn’t Over Yet: Bitfinex
2.5.2024
Analysts at cryptocurrency exchange Bitfinex predict the price of Bitcoin could consolidate for up to two months post-halving
The post Bitcoin Post-Halving Price Consolidation Isn’t Over Yet: Bitfinex appeared first on Cryptonews
Federal Reserve Holds Rates Steady Amid Inflation Concerns; Outlook Remains ‘Uncertain’
1.5.2024
On Wednesday, May 1, 2024, the U.S. Federal Reserve chose to maintain the benchmark interest rates at their highest in 23 years. The Federal Open Market Committee (FOMC) members noted that although inflation has subsided, it still “remains elevated.” No Change in Federal Funds Rate;...
Federal Reserve Holds Policy Steady, Says Progress on Inflation Has Stalled
1.5.2024
Hopes for a series of interest rate cuts in 2024 have been quickly vanishing over the past few weeks as both the economy and inflation exhibit unexpected strength
Bitcoin Price Tumbles Below $60,000 as ETF/Macro Headwinds Mount – Is the BTC Bull Market Over?
30.4.2024
The Bitcoin (BTC) price has tumbled more than 5% on Tuesday to below $60,000 following a disappointing first day of spot Bitcoin ETF trade in Hong Kong, and following fresh US economic data that points to sticky inflation and strengthens the argument that the Fed should wait before cutting interest...
Crypto investment funds see $435M outflow as bull market stalls amid rising inflation concerns
29.4.2024
Concerns over rising inflation and flat spot Bitcoin ETF inflows could be factors in the $435 million outflow from crypto investment funds last week
Bitcoin Price Chops Either Side of $64,000 Following Latest US Inflation Report – Here’s What You Need To Know
26.4.2024
The Bitcoin (BTC) price chopped either side of the $64,000 level on Friday in wake of latest US inflation data report, which showed the Core PCE index rising 0.3% MoM in March, in line with the market’s expectations.
The post Bitcoin Price Chops Either Side of $64,000 Following Latest US Inflation...
‘Persistent inflation’ will be key in Bitcoin’s run to $200K — Crypto fund manager
25.4.2024
“Unsustainable budget deficits” and “persistent inflation” have HashKey Capital analysts predicting a $100,000 to $200,000 Bitcoin price by the end of 2024
Bitcoin Dips to $63K as Rate Cut Hopes Dim Following Disappointing U.S. Inflation Report
25.4.2024
Increasing concerns about sticky inflation hit risk assets across all markets including cryptos
Bitcoin Inflation Rate At An All-Time Low
25.4.2024
Bitcoin's inflation rate has reached a new milestone, recording an all-time low of approximately 1.74%, just days after the latest Bitcoin halving.
The post Bitcoin Inflation Rate At An All-Time Low appeared first on Cryptonews
39% of Canada’s institutional investors have exposure to crypto: KPMG
25.4.2024
KPMG Canada partner Kunal Bhasin says rising debt and increasing inflation have likely attracted institutional investors into crypto
What Is Bitcoin Meant to Hedge?
17.4.2024
The cryptocurrency underperformed this week as an economic safe haven. But bitcoiners are taking a longer term view
Skybridge Founder: It Pays to Be Long Bitcoin — BTC Will Be Inflation Hedge and Store of Value as It Scales
16.4.2024
Skybridge Capital founder Anthony Scaramucci firmly believes that bitcoin will be both an inflation hedge and a store of value as the cryptocurrency scales. He emphasized that bitcoin is “still an early stage technical asset that will trade like other risk assets until it exceeds a billion...
10x Research Founder Who Predicted Bitcoin’s Pre-Halving All-Time High Turns Bearish
16.4.2024
10x Research Founder Markus Thielen who predicted Bitcoin’s recent pre-halving rally to all-time highs has turned bearish on risk assets such as technology stocks and cryptocurrencies.
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