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Bitcoin price gains 3.5% as US PCE data supports shrinking inflation
26.8.2022
A swift leg-up for BTC price action nonetheless fails to crack the week-long trading range so far
Bitcoin price taps $21.3K ahead of Fed Chair Powell Jackson Hole speech
26.8.2022
Daily lows greet Bitcoin traders as markets await fresh macro cues from the Fed
Venezuelan Bolivar Plunges as Central Bank Stops Intervening and Public Spending Rises
26.8.2022
The exchange rate of the Venezuelan bolivar, the national fiat currency of the country, has plunged 35.51% against the U.S. dollar this week as a result of various factors, reaching 8.70 bolivars per U.S. dollar. According to economists, this will cause an increase in prices in the near future...
Markets Should Prepare for Persistent Inflation and Continued Rate Hikes
25.8.2022
U.S. Federal Reserve speakers were out in force one day ahead of Chairman Powell’s keynote address at the Jackson Hole conference
Wen moon? Probably not soon: Why Bitcoin traders should make friends with the trend
25.8.2022
Recurring bear flags and the Fed’s telegraphed monetary policy are painting a roadmap for BTC’s future price action
Bitcoin sits at range high as realized price sparks BTC 'macro signal'
25.8.2022
Interesting signals are being printed by several more chart indicators this week, all of which have proven to be bear market bottom markers
Moody’s States Inflation Is Affecting Economic Recovery in Part of Latam
25.8.2022
Moody’s, the asset quality rating agency, has warned the high rate of inflation that some countries are facing in Latam will affect the economic recovery in the region. Brazil, Chile, and Mexico are said to be the countries more affected by this phenomenon, and their recovery will depend...
US Crypto Ownership Rises This Year to 13%, 'Consumers Were Hoping to Buy the Dip' - Survey
25.8.2022
Cryptocurrency adoption in the US has expanded, with some 13% of American adults owning crypto in July, up from 10% in January 2022, according to a recent report by personal finance comparison site Finder.com.
A spokesperson for Finder.com told Cryptonews.com that the survey has been running since...
Latest Ghana Benchmark Rate Hike the Largest on Record — President Promises Action Against ‘Unacceptable Depreciation of the Cedi’
23.8.2022
After seeing Ghana’s inflation rate surge to 31.7% in July, the Bank of Ghana responded by hiking the benchmark interest rate by 300 basis points. In addition to the rate hike, the central bank said it will gradually raise banks’ primary reserve requirements. One expert has said...
Bitcoin won't hedge inflation until it hits 1B wallets: Scaramucci
23.8.2022
The Skybridge Capital CEO said Bitcoin needs much more proliferation before it can act as an inflation hedge
Stifel Financial: 97% of US Executives Surveyed Are Bracing for Recession
23.8.2022
A survey by NYSE-listed Stifel Financial shows that most executives are bracing for a recession in the U.S. In addition, “53% of respondents believe that inflation will be an issue for the next two quarters to a year.” Most Executives Surveyed Say Recession Cannot Be Avoided Stifel...
BTC miners exit capitulation — 5 things to know in Bitcoin this week
22.8.2022
Miners are a glimmer of hope in a barren Bitcoin landscape this week ahead of a key Federal Reserve event
Schiff Says US Inflation Decline ‘Only Temporary,’ Mark Cuban Sued, JPMorgan CEO on Recession, Axie Infinity Update — Bitcoin.com News Week in Review
21.8.2022
Gold bug and economist Peter Schiff has warned that the seeming ease in inflation for the United States economy is nothing to get too excited about, as Shark Tank star billionaire Mark Cuban is facing a class action lawsuit for allegedly promoting a “massive Ponzi scheme.” In other...
Market Wrap: Bitcoin’s Price Plummets on Global Inflation Concerns
19.8.2022
The decline in crypto prices appears to be linked to poor inflation data in Germany. Bitcoin (BTC) sold off sharply in Friday trading, and was recently trading below $21,500, down more than 8% over the last 24 hours. The largest cryptocurrency by market capitalization is down 13% for the week.The...
Kaiko Report Shows Latam Harnessing Crypto Mostly for ‘Real World’ Use Cases
19.8.2022
The latest data debrief issued by Kaiko, a provider of digital assets market data, has found that while there is retail movement in Latam regarding crypto assets, most liquidity is directed to “real world” use cases. Among these activities are remittances, stablecoin-based yield...
Bitcoin price heads above $23.5K after highest EU inflation in history
18.8.2022
Inflation surprises keep coming, while the European central bank refuses to rule out even higher numbers in future
Why Bitcoin Traders Should Care About Double-Digit Inflation in UK
17.8.2022
Russia’s GDP Decline Less Severe Than Expected, Wall Street Returns to Russian Bonds, Putin Criticizes US ‘Hegemony’
17.8.2022
While the ongoing war in Ukraine continues, the Ministry of Economic Development of the Russian Federation detailed this week that Russia’s economic hardships are less severe than expected. Russia’s economic ministry says that the economy’s gross domestic product (GDP)...
UK hits double-digit inflation for the first time in 40 years
17.8.2022
At 10.1% inflation, the United Kingdom joins 2 billion people around the world suffering as price rises erode people's purchasing power
Ron Paul Insists US Economy’s ‘Collapse Will Come,’ Former Congressman Says Liquidation Is ‘Absolutely Necessary’
16.8.2022
Just recently the American author, economist, and retired politician Ron Paul discussed the rising tensions between China and Taiwan during an interview and he talked about the U.S. economy as well. Paul insists that the U.S. economy’s “collapse will come,” and he further...