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Ethereum Experienced Its Highest Inflationary Period in the Last Quarter: Fidelity
23.7.2024
Layer-2 transactions have increased 20% since the Dencun upgrade in March, and that success could be a positive sign for the future of the network, the report said
Latam Insights Encore: Bukele Pushes Controversial Substitution of National Products Policy To Fight Inflation, Offers Free Coffee on Top
22.7.2024
Welcome To Latam Insights Encore, a deep view of Latin America’s most relevant economic and cryptocurrency-based news last week. In this edition, we discuss the import duties exemption measure President Nayib Bukele pushed for and passed in Congress and its possible effects on El Salvador....
BtcTurk CEO steps down from one of Turkey’s biggest crypto exchanges
18.7.2024
Ozgur Guneri spent seven years as the head of the popular Turkish crypto exchange. He will remain with the company as a director
ECB Maintains Interest Rates Amid Persistent Inflation Concerns
18.7.2024
The European Central Bank (ECB) maintained its interest rates on Thursday, indicating that domestic price pressures and elevated inflation levels will persist into next year. After a recent rate cut, the ECB adopted a cautious stance, suggesting more evidence is needed before making another move....
Mark Cuban speculates Bitcoin may become a global reserve asset
17.7.2024
The entrepreneur and investor has a net worth of $5.4 billion as of 2024 and is no stranger to the world of digital assets
Fed Might Focus on Weakening Labor Market Rather Than Inflation as It Mulls Rate Cuts: Economists
12.7.2024
A weakening labor market could persuade the Fed to cut rates even as inflation is not yet back to the Fed's 2% goal
Bitcoin price struggles as investors expect Fed interest rate cuts — Why?
11.7.2024
Bitcoin price is stuck in a downtrend even though investors are betting on Fed interest rate cuts. What gives?
US Inflation Eases With 0.1% Drop in June; Biden Faces Gas Reserve Accusations
11.7.2024
The U.S. consumer price index (CPI) fell by 0.1% in June. The decline, primarily due to reduced gasoline prices, brought the annual inflation rate to its lowest in over three years. This news comes after U.S. President Joe Biden was accused of tapping into gasoline reserves ahead of the election...
U.S. Inflation Was Negative in June; Bitcoin Jumps Above $59K
11.7.2024
First Mover Americas: Bitcoin Holds $58K Ahead of U.S Inflation Report
11.7.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for July 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Waits for Guidance From U.S. Inflation Data, Bond Market
11.7.2024
Increased prospects of Fed rate cuts could bode well for BTC's recovery
Citi Analysts Predict 8 Weeks of Fed Rate Cuts Starting in September, Powell Seeks Evidence
9.7.2024
Analysts from Citi, the American multinational investment bank and financial services corporation, predict the U.S. Federal Reserve will begin reducing rates by September, totaling a 200 basis points (bps) cut over the next eight Federal Open Market Committee (FOMC) meetings. Nevertheless, Federal...
Why is Ether (ETH) price up today?
9.7.2024
Ether's rally today is primarily fueled by institutional investors buying during its early-July downtrend and renewed optimism from new Ethereum ETF filings
Crypto adoption in Argentina soars amid 276% inflation spike
9.7.2024
Argentina has emerged as the top market on Binance — one of the world’s largest crypto exchanges — in terms of the number of visitors
Economist Highlights Possible ‘Hidden Recession’: Official Figures May Understate Inflation Impact
5.7.2024
In a recent editorial, economist Peter St Onge explores the potential of a hidden economic recession, suggesting that official figures might not reveal the full extent of the decline. St Onge raises concerns about the accuracy of U.S. inflation data and its implications for measuring true economic...
German MP urges government to stop ‘hasty’ Bitcoin sell-off
5.7.2024
German MP Joana Cotar said the mass Bitcoin sell-off isn’t “sensible” and “productive” as it could be used to diversify treasury assets and protect against currency devaluation
Fed’s Minutes Report Cites High Inflation and Economic Risks in Decision to Hold Rates
4.7.2024
According to the minutes from the Federal Reserve’s Federal Open Market Committee (FOMC), the choice to maintain the federal funds rate in its current range was driven by concerns about ongoing inflation and economic instability. Economic Instability and Inflation Keep Fed Rates Steady At...
IMF Advises US to Keep Interest Rates Steady Through Late 2024
4.7.2024
The International Monetary Fund (IMF) has advised the U.S. to improve its fiscal position by reducing spending and increasing revenues. The IMF emphasizes addressing rising debt through policy adjustments and recommends maintaining current interest rates until late 2024. “Given those risks...
Latam Insights: Argentina Reaches Zero Inflation, Central Bank of Bolivia Unbans Bitcoin
2.7.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentina reached zero inflation in food and beverages in June, the Central Bank of Bolivia unbans bitcoin, and several employees of the Paraguayan power...
Milei Reveals New Economic Phase for Argentina: Zero Monetary Issuance
1.7.2024
Javier Milei, the libertarian President of Argentina, has revealed the new policies that will be applied to cement the economic victories he has achieved in Argentina. In an interview, he stated that now, with the recent approval of the omnibus law, the country has reached phase two of its economic...