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Bitcoin Rises as US Inflation Reaches Its Highest Since 1982
10.12.2021
The bitcoin (BTC) price rose by about 2.5% in a matter of just 10 minutes today after US inflation numbers reached 6.8% from a year ago, marking the highest increase since 1982.
At 14:24 UTC, BTC stood at USD 49,575, up 0.9% for the past 24 hours and up 1.4% for the past hour, after initially...
Bitcoin hovers near $48K ahead of fresh key US inflation data
10.12.2021
Inflation marks just the start of some key macro decisions which could keep Bitcoin down for months, warnings say
Volatility, hyperinflation and uncertainty: How everyday Venezuelans are using stablecoins to protect their livelihoods
9.12.2021
Customers of stablecoin payment app Reserve express their dependency on technology for everyday transactions
Inflation benchmark Frax Price Index to launch on Partisia blockchain
9.12.2021
By using crowdsourced price oracles, the developers behind Frax and Partisia hope to accomplish a more complete picture of the current inflation environment
Crypto is a ‘Fantastic Hedge’ Against Bubble in Bonds - Pantera’s CEO
8.12.2021
Investing in crypto is a “fantastic hedge” against a bond market that will get destroyed once the US Federal Reserve stops its asset purchases, Dan Morehead, CEO of the crypto investment firm Pantera Capital, wrote in a recently published note.
According to Morehead, the Fed’s actions since...
Billionaire Barry Sternlicht Discusses Bitcoin Price Rising to $1 Million — Calls BTC a ‘Smart’ Hedge
8.12.2021
The chairman of Starwood Capital Group, billionaire Barry Sternlicht, has shared his view on how bitcoin could grow to be worth a million dollars a coin. He calls the cryptocurrency a “smart” hedge in a world where the government just keeps on printing money. Billionaire Barry...
Gold, Bitcoin or DeFi: How can investors hedge against inflation?
4.12.2021
Over the last 10 years, Bitcoin has been through 20 different bear markets. Is it finally starting to prove itself?
Without staking, institutional crypto investors cannot escape inflation
4.12.2021
If institutional investment is going to drive the growth of PoS token markets, it will need to participate in networks in addition to owning them
Ethereum Might Dethrone Bitcoin as Best Crypto Store of Value, Study Argues
4.12.2021
A recent paper authored by members of several universities, including Sydney and Macquarie, argues that recent changes in Ethereum monetary policy are making it a better store of value than bitcoin. The deflationary effect that the EIP-1559 proposal has caused in the issuance of the currency...
In Japan, Snacks Keep Getting Smaller And It Sucks
3.12.2021
In fall 2020, Kit-Kats were released in Japan at a smaller size. At the time, as YouTuber PDS points out, Nestle said the smaller size was for customers worried about sugar and calories. Maybe that’s true, but in Japan, snacks have been getting smaller and smaller for years, while prices haven’t...
Ethereum approaches a new ATH, but derivatives data reflects mixed emotions
30.11.2021
Ethereum price appears en-route to a new all-time high, but data shows retail and pro investors are slightly skeptical about the current rally
Bitcoin, stocks and commodities correct after Fed chair mentions policy change
30.11.2021
BTC, stocks and commodities took a hit after the Federal Reserve acknowledged that inflation is more than just a “transitory” problem and hinted that tapering could occur sooner than expected
Fed Chair on Higher & Not Transitory Inflation, Yellen On Stablecoins + More News
30.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Fed Chair on Higher & Not Transitory Inflation, Yellen On Stablecoins + More News
Crypto is a hedge for 46% of Russian retail investors, survey states
29.11.2021
Bitcoin was the most popular cryptocurrency in Russia in October, outpacing coins like Tether and Litecoin
Rich Dad Poor Dad’s Robert Kiyosaki Says He’s Buying Bitcoin and Ether as Inflation Escalates
29.11.2021
The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has revealed that he is buying more bitcoin and ether amid rising inflation concerns. “Inflation is a tax on the poor and middle class. Inflation makes the rich richer,” he stressed. Robert Kiyosaki Warns About...
Ripple CEO blasts Dogecoin for ‘inflationary dynamics’
24.11.2021
Starting in 2013 with a supply limit of 100 billion coins, Dogecoin eventually switched to an uncapped supply
After Overseeing the Largest Monetary Expansion in US History Biden Renominates Powell to Lead the Fed
22.11.2021
U.S. president Joe Biden revealed his intent on Monday to re-nominate Jerome Powell as the Federal Reserve chairperson. Major indices and stocks gained on the news that Powell will get a second term as the head of the central bank. Biden Chooses to Renominate Fed Chair Jerome Powell On Monday...
Fund Managers Increasingly Prefer Bitcoin Over Gold — Say It’s a Better Store of Value
22.11.2021
A growing number of fund managers and institutional investors now prefer bitcoin over gold. They see the cryptocurrency as a better store of value and a better inflation hedge. “I think it’s probably going to be ten times better than gold over a long period of time,” said...
Socialite and Model Alexis Ren Doesn’t Trust the Dollar Economy, Says Crypto Is a Viable Alternative
21.11.2021
The American social media personality and model, Alexis Ren believes the fiat economy is “collapsing” and recently she told the press she thinks cryptocurrencies offer a viable alternative. In a recent interview, Ren explained her interest in crypto is fueled by the socialite’s...
‘Inflation in the News Driven by Rich People’ — Media Pundits Claim ‘Inflation Is Good’ as Americans Struggle With Less Purchasing Power
20.11.2021
Inflation in the U.S. has a large number of Americans worried about the future of their purchasing power as the cost of goods and services has continued to rise faster every month. Reports note that Americans are struggling to pay for child care, groceries, gasoline, lumber, healthcare supplies...