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War Spurs Crypto Activity in Russia and Ukraine, Chainalysis Reports
15.10.2022
The deadly conflict that started with Russia’s assault on Ukraine has increased crypto-related activity in both countries, according to Chainalysis. Fiat inflation and sanctions pressure led to several spikes in transaction volumes this year, the blockchain forensics firm has found, while Eastern...
Report: Turkey’s September Gold Imports up by 1,700% as Individuals Swap Falling Lira With the Precious Metal
15.10.2022
Turkey’s gold imports of just over 39,000 kilograms in September 2022 are more than 16 times the quantity that was brought into the country in September 2021. The surge in Turkey’s gold imports is reportedly being spurred by the rise in demand for the precious metal by individuals...
Argentina Introduces New Exchange Rates to the Mix — ‘Qatar’ and ‘Coldplay’ Dollars Go Against IMF’s Warnings
14.10.2022
The government of Argentina, which is currently applying dollar exchange controls, has added two new dollar exchange rates into its arsenal: the “Qatar” and “Coldplay” dollars. However, Kristalina Georgieva, managing director of the International Monetary Fund (IMF) has made...
Why Did Crypto Surge After Bad Inflation News?
14.10.2022
Thursday’s ludicrous price action across asset markets shows just how weird things can get when the Federal Reserve is driving the bus
Bitcoin, Ethereum Technical Analysis: ETH, BTC Surge, as US Inflation Uncertainty Fades
14.10.2022
Ethereum was trading higher on Friday, as market volatility eased, following the latest U.S. inflation report. Core inflation rose 0.6%, with consumer prices up to 8.2%, higher than the expected 8.1%. Despite this, traders seem to have breathed a sigh of relief, as the uncertainty surrounding...
Community discusses why inflation isn't pushing more people to crypto
14.10.2022
A community member started a discussion on r/cryptocurrency on why inflation isn’t pushing more people into the crypto space
Ethereum price eyes 35% rally after 6,000 ETH gets burned in one week
14.10.2022
A new crypto project aiming to mint tokens from burning Ether is behind Ethereum's deflationary turn
Bitcoin 'bear trap' sees BTC price near $20K as daily gains top 9%
14.10.2022
Over $320 million in liquidations accompanies a gruelling 24 hours for crypto traders
First Mover Asia: Crypto Trading Firm Amber CEO Argues Bitcoin Can Still Be an Inflation Hedge; Cryptos' Surprising Rebound
14.10.2022
Michael Wu says that bitcoin offers “a better form” of storing value than any previous type of asset and that ether provides great value as a “tech infrastructure investment.”
Market Wrap: Prices Plunge Following Hot Inflation Report, Then Reverse Course Completely
13.10.2022
The Consumer Price Index inflation data arrived higher than expected, and markets responded in roller-coaster fashion before settling down. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Bitcoin Rebounds to Over $19K After Plunge Triggered by Hot Inflation Report
13.10.2022
BTC was up 0.2% after the price tumbled to $18,198 – the lowest since Sept. 21
Bitcoin traders were ready for a hot CPI report, but BTC bears are still in control
13.10.2022
BTC nose-dived to its lowest level since Sept. 21, and data shows pro traders continue to avoid leverage longs
Biggest Movers: SHIB, SOL Fall to 4-Month Lows, US Inflation Higher Than Expected
13.10.2022
Shiba inu fell to a four-month low on Thursday, as consumer prices in the United States rose by more than expected. U.S. inflation came in at 8.2% in September, which is higher than the 8.1% consensus expectation. Solana was in the red as well, as the token also hit a multi-month low. Shiba...
BTC price hits 3-week lows on US CPI as Bitcoin liquidates $57M
13.10.2022
Predictable but unsettling chaos hits crypto markets as U.S. inflation data sparks a rout to $18,200 for BTC
Latest CPI Data Shows Red-Hot Inflation Continues to Thrive in the US, Consumer Prices Jumped 8.2% in September
13.10.2022
The latest inflation data from the United States indicates that consumer prices have kept climbing despite expectations of a slowdown. The Consumer Price Index (CPI) summary published on Thursday shows an 8.2% rise in the year through September, and the core index rating saw the fastest yearly...
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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Crypto Stocks Plunge as Bitcoin Slides to $18.1K on Inflation Data
13.10.2022
Cryptocurrency-related stocks have sold-off across the board on Thursday as bitcoin falters to a three-week low of $18,131 on Coinbase
US Inflation Faster Than Expected in September; Bitcoin Falls
13.10.2022
The "core" Consumer Price Index, seen as a more steady indicator of inflation, rose 6.6% from a year prior – a four-decade high
Bitcoin, Ethereum Technical Analysis: BTC Below $19,000 Following FOMC Minutes
13.10.2022
Bitcoin was trading below $19,000 on Thursday, as markets reacted to the latest Federal Open Market Committee (FOMC) minutes. In the minutes, the Federal Reserve hinted at upcoming hikes, while also acknowledging a level of surprise at the rate at which inflation has risen. Ethereum moved below...
US CPI data signals high-price inflation
13.10.2022
The US markets are eyeing another hike in the rate by early November. If reports are to be believed, then the Fed has every intention of taking the shot in an attempt to lower inflation. S&P500 and Nasdaq 100 closed their doors on a lower note before receiving an 18-month low figure. According...