Search
US Inflation Rate in August Runs Hot at 8.3%, Peter Schiff Says America’s ‘Days of Sub-2% Inflation Are Gone’
13.9.2022
On September 13, the U.S. Bureau of Labor Statistics reported the country’s consumer price index (CPI) inflation jumped by 8.3% annually in August. The reduction was less than expected and market analysts believe the U.S. Federal Reserve will continue its aggressive rate hikes going forward....
Biggest Movers: LTC Hits Highest Point Since June, as APE Climbs to 3-Week High
13.9.2022
Litecoin rose to a three-month high in today’s session, following a breakout of a key resistance level. The move took place prior to the release of U.S. inflation data, which fell to 8.3% in August. However, following the release, which was higher than expected, earlier gains eased. Apecoin...
Canadian PM Justin Trudeau says investing in crypto is not an escape from inflation
13.9.2022
Canada's inflation rose to 40-year highs this year while Bitcoin's price plummeted in the same period
Crypto’s correlation with mainstream finance could bring more bleeding soon
13.9.2022
Since the start of the year, the crypto market’s performance has been considerably poorer than the S&P 500 and other popular indexes
Canadian PM Justin Trudeau Attacks Opposition Party for Recommending Bitcoin as Inflation Hedge
13.9.2022
The main opposition leader Pierre Poilievre propounded bitcoin as an inflation-beating asset early this year
First Mover Americas: Bitcoin Tumbles Below $22K on Higher-Than-Expected US Inflation
13.9.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 13, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Crypto Stocks Tumble After Bitcoin Dips on Higher-Than-Estimated Inflation
13.9.2022
Digital asset miners were among the worst performers on Tuesday
Bitcoin price sheds $1K in 3 minutes as US CPI inflation overshoots
13.9.2022
Bitcoin's 4% losses swiftly ensue as inflation fails to cool as quickly as hoped for, resulting in a wave of sell-offs for the crypto market
Latin Americans Turning to Dollar Stablecoins Amid Inflation Surge: Paxos
13.9.2022
Latin Americans already see dollar-backed stablecoins as more secure than their own currencies, according to a new study
US Inflation Higher Than Expected in August, Bitcoin Dips 4%
13.9.2022
Bitcoin, Ethereum Technical Analysis: BTC Hits Fresh 3-Week High, Ahead of US Inflation Report
13.9.2022
Bitcoin rose for a seventh consecutive session on Tuesday, as the token moved to a three-week high. The price surge came ahead of this afternoon’s U.S. inflation report, which is expected to come in at 8.1% for August. Ethereum continued to trade lower in today’s session,...
Bitcoin battles whales above $22K as BTC price faces US CPI data
13.9.2022
Bitcoin bulls are now attacking the "final" major resistance cluster below $25,000, on-chain data shows
Treasury Secretary Janet Yellen Warns Gas Prices Could Spike This Winter — Says ‘It’s a Risk’
13.9.2022
U.S. Treasury Secretary Janet Yellen has warned that gas prices could rise again this year. “It’s a risk that we’re working on the price cap to try to address,” she stressed. “Our price cap proposal is designed to both lower Russian revenues … while also...
‘A Dangerous Looking Moment in Global Economics’ — Veteran Investor Jeremy Grantham Warns S&P 500 Could Plunge Another 26%
12.9.2022
Jeremy Grantham, the co-founder of the Boston-based asset management firm Grantham, Mayo, & van Otterloo (GMO) believes Standard and Poor’s 500 (S&P 500) could drop another 26% during the next 12 months, according to statements the veteran investor made last week. The...
Market Wrap: Ether Falls Despite Merge Anticipation; Bitcoin Climbs as Investors Await Inflation Data
12.9.2022
The second-largest cryptocurrency declined relative to bitcoin three days ahead of the scheduled Merge. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
US Inflation Data Could Test Bitcoin’s Rally
12.9.2022
The price of bitcoin gained 15% over the weekend as traders wait for positive U.S. inflation data
Elon Musk, Cathie Wood sound 'deflation' alarm — is Bitcoin at risk of falling below $14K?
12.9.2022
Bitcoin price could resume its downtrend if the Fed keeps on hiking rates against the prospects of a rising unemployment rate
The Fed, the Merge and $22K BTC — 5 things to know in Bitcoin this week
12.9.2022
A bullish weekly close sees Bitcoin tackle realized price while analysts speculate on major volatility in the coming days
Tesla CEO Elon Musk Warns a Major Fed Rate Hike Risks Deflation
12.9.2022
Tesla CEO Elon Musk has warned that a major rate hike by the Federal Reserve risks deflation in the U.S. economy. Musk’s warning followed an analysis by Ark Invest CEO Cathie Wood, who cautioned that “Leading inflation indicators like gold and copper are flagging the risk...
Bitcoin short squeeze ‘not over’ as BTC price eyes 17% weekly gains
11.9.2022
Analysts are still confident that BTC price action can break $23,000 going into the Ethereum Merge and U.S. CPI data