Search
Gold Outshined Bitcoin This Month Climbing 6% Higher Amid US Real Estate Slump, Lower CPI Data
19.11.2022
This month, gold has outperformed bitcoin after crypto markets shuddered from the recent FTX collapse, and the precious yellow metal climbed 6.12% since the first of November. The U.S. housing market has shown weaknesses and October’s U.S. inflation rate was lower than expected. Analysts...
Market Wrap: Bitcoin Rises on Encouraging Inflation News
15.11.2022
The largest cryptocurrency hovered near $16.8K. Ether and other altcoins also surge. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Bitcoin price hits $17K on US PPI as trader warns of 'final capitulation'
15.11.2022
Plenty of uncertainty about the future remains for the price of Bitcoin amid fresh signs that U.S. inflation is slowing
Ark Invest CEO Warns Fed’s Actions Could Lead to 1929-Like Great Depression — Elon Musk Agrees
14.11.2022
The CEO of investment management firm Ark Invest has warned that if the Federal Reserve does not pivot, the current economic setup will be similar to 1929 when the Great Depression started. Tesla CEO and Twitter chief Elon Musk agreed. The Fed, Inflation, and the Great Depression Ark Invest...
5 reasons 2023 will be a tough year for global markets
12.11.2022
From inflation to energy shortages and general instability, markets are set for a turbulent year ahead
FTX crisis likely to spark a domino effect, macro analyst explains
11.11.2022
The collapse of Sam Bankman-Fried's crypto empire is likely to have ripercussions beyond the crypto markets, according to senior commodity strategist at Bloomberg, Mike McGlone
Bitcoin, Ethereum Technical Analysis: ETH Moves Higher as Markets Continue to React to US Inflation Report
11.11.2022
Ethereum was trading higher on Friday, as cryptocurrency markets continued to rebound, following yesterday’s U.S. inflation report. The better-than-expected 7.7% CPI (consumer price index) figure for October boosted prices, following recent bearish sentiment. Bitcoin briefly climbed back...
Ethereum turns deflationary for the first time since the Merge — ETH price still risks 50% drop
11.11.2022
A bearish technical setup and a declining number of Ethereum whales pose downside risks for ETH price
Market Wrap: Cryptos Recover Slightly From FTX Fatigue With a Dose of Encouraging Inflation Data
10.11.2022
Bitcoin, ether and other major altcoins regained lost ground amid fallout from the crypto exchange’s unraveling after an unexpected decline in the consumer price index. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Bitcoin Price Outlook for November — FTX Crisis Fuels Bearish Momentum
10.11.2022
It’s fair to say that the first ten days of November have been nothing short of historic in cryptocurrency markets. The turmoil surrounding FTX, and its all-but-confirmed collapse, seems to have eclipsed both Luna and Celsius, who also capitulated earlier this year. The impact of this...
Bitcoin Price Prediction – BTC Crashes Below $16,500, Can US Inflation Data Push it to $10,000
10.11.2022
Under the $19,350 resistance level, Bitcoin price prediction remains bearish; however, $15,850 is acting as a major support and may underpin BTC. After the release of October's CPI figures, Bitcoin experienced a sudden 10% jump. The unexpectedly low CPI reading sent the price of risky assets like...
Biggest Movers: LUNC 13% Higher, as US CPI Boosts Crypto Markets
10.11.2022
Terra classic has been one of Thursday’s biggest gainers, as crypto markets found light in the form of the latest U.S. inflation (CPI) report, which came in at 7.7%. The token was up by nearly 14% in today’s session, as founder Do Kwon ironically gave his best wishes to FTX chief Sam Bankman-Fried....
Bitcoin price gains $1K in minutes as CPI data deals DXY fresh 2% dip
10.11.2022
Wild volatility continues for Bitcoin and altcoins as the lowest CPI readout since January pummels the dollar
What Bitcoin’s Inflation Hedge Narrative Needs: More Time
10.11.2022
Whether or not Bitcoin and other cryptocurrencies are long-term inflation hedges and a store of value or simply a “risk-on” speculative assets preferred in times when bond yields are unattractive is yet to be perfectly understood
Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Declines Following FTX Saga, Markets Now Look Towards US Inflation Report
10.11.2022
Cryptocurrencies continued to crash on Thursday, as market sentiment surrounding the FTX saga remained on the minds of traders. Bitcoin fell below $16,000 late on Wednesday, with prices remaining close to two-year lows today. Ethereum slipped below $1,100, with attention now focused...
Nigerian Currency Gains Versus US Dollar Days After Tapping All-Time Low
10.11.2022
Just a few days after plummeting to its worst exchange rate against the U.S. dollar ever, the Nigerian currency was trading at around 820 units for every dollar on Nov. 8, a report has said. An economist has suggested that the Central Bank of Nigeria’s controversial currency plan is unlikely...
World’s Worst Performing Currency, the Cedi, Reverses Gains — Economist Steve Hanke Says Ghana Inflation Now Over 140%
10.11.2022
Just days after registering marginal gains against the U.S. dollar, the Ghanaian currency — the cedi — slipped to C14:$1 versus the U.S. dollar on the foreign exchange parallel market on Nov. 7. The cedi’s reversal is said to have dented the currency’s recovery prospects. On the other...
Inflation Expected to Tick Down in Latest CPI Report
9.11.2022
FactSet estimates that the CPI will drop to 8%, but whether the decline is enough to encourage the Federal Reserve to ratchet back its monetary hawkishness remains unclear
Nintendo Has No Plans To Increase Switch Prices (For Now)
9.11.2022
In its latest earnings briefing, Nintendo continues to say it has no plans to raise prices on its popular Switch console, though it also doesn’t rule out the possibility that it might have to increase prices in the future.Read more
EverEarn Expanding to Ethereum Blockchain With $USDC Stablecoin Rewards
7.11.2022
PRESS RELEASE. It’s no secret to anyone that the past several months have been some of the worst performing markets in virtually every sector, thanks to the macroeconomic effects of high inflation around the world, alongside global uncertainty. The EverEarn team however has spent this time...