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Bitcoin, Ethereum crash continues as US 10-year Treasury yield surpasses June high
19.9.2022
On-chain and technical indicators also hint at more pain for Bitcoin and Ethereum for the remainder of 2022
Argentine Inflation Skyrockets to Almost 80% YoY as Crypto Adoption Grows
19.9.2022
Argentine inflation numbers were revealed last week, with the interannual Consumer Price Index (CPI) registering record levels reaching 78.5%. This puts the country second only to Venezuela in Latam in terms of high inflation, with prices rising almost 8% during August, hitting the pockets...
Nigerian Inflation Rate Rises to 20.52% in August — Month-on-Month Rate Drops
19.9.2022
While Nigeria’s year-on-year inflation rose for the seventh straight month to 20.52% in August 2022, the latest data from Nigeria’s National Bureau of Statistics shows that the month-on-month rate declined from 1.82% to 1.77% during the same period. The depreciation of the local...
Biggest Fed rate hike in 40 years? 5 things to know in Bitcoin this week
19.9.2022
The Fed prepares an inflation move that could act as a "sledgehammer" for crypto and risk assets
Goldman Sachs' bearish macro outlook puts Bitcoin at risk of crashing to $12K
18.9.2022
Bitcoin derivatives data also shows sentiment shifting in favor of a massive crash below $20,000, the current psychological support
Trudeau Criticizes Opponent’s Crypto Advice, Kiyosaki Pushes the Assets Ahead of the ‘Biggest Economic Crash in History’ — Bitcoin.com News Week in Review
18.9.2022
Canadian Prime Minister Justin Trudeau has criticized the new leader of the Conservative Party of Canada for his supposedly irresponsible crypto advice, as Rich Dad Poor Dad author Robert Kiyosaki gives cryptocurrency advice of his own ahead of what he sees as the “biggest economic crash...
Billionaire Jeff Gundlach Discusses When to Buy Crypto — Warns of Deflation Risk
18.9.2022
Billionaire Jeffrey Gundlach, aka the Bond King, has shared his view on when to buy cryptocurrency. “You need a true Fed pivot,” he stressed. Gundlach also warned about the increasing risk of deflation, noting that it’s time to be bearish on the stock market. Jeffrey Gundlach...
Global inflation mounts: How stablecoins are helping protect savings
16.9.2022
More people are using stablecoins to hedge against inflation, as they offer numerous benefits
Bitcoin price threatens $19.6K as Ray Dalio predicts 30% stocks crash
16.9.2022
The aftermath of the Ethereum Merge gives no respite to crypto bulls, who face continued market pressure as stocks also trend down
A Full Percentage Point Rate Hike? Bitcoin Traders Size Up Fed’s Desperation on Inflation
14.9.2022
Bitcoin, Ethereum Technical Analysis: BTC Drops by Over $2,000 in the Last 24 Hours
14.9.2022
Cryptocurrency prices plunged in today’s session, as markets reacted to the latest U.S. inflation report. Bitcoin fell by over $2,000 in the last 24 hours, as consumer prices fell by less than expected in the United States. Ethereum was also in the red, as the token dropped below $1,600....
BTC price clings to $20K as US stocks lose the equivalent of 4 Bitcoin market caps
14.9.2022
$1.6 trillion U.S. stock market losses pressure crypto markets, with BTC price action coming full circle to linger near $20,000
First Mover Asia: Bitcoin Struggles Following Inflation Report; California Crypto Bill Is an Overstep, Say Legal Experts
14.9.2022
The bill would prohibit California-licensed entities from dealing with stablecoins, unless that stablecoin is fully-backed by securities and issued by a bank or licensed by the California Department of Financial Protection and Innovation
Justin Trudeau Slams Pierre Poilievre for Telling People They Can ‘Opt out’ of Inflation by Investing in Cryptocurrency
14.9.2022
Canadian Prime Minister Justin Trudeau has slammed Pierre Poilievre, the new leader of the Conservative Party of Canada, for telling people that they can “opt out of inflation” by investing in cryptocurrencies. Trudeau claims that his Conservative rival’s crypto advice is...
Market Wrap: US Inflation Data Roils Markets, Bitcoin and Ether Fall
13.9.2022
Investors expecting a more significant improvement in inflation data were disappointed and showed it by selling. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Bitcoin margin long-to-short ratio at Bitfinex reach the highest level ever
13.9.2022
A key Bitcoin price metric hit a new all-time high, but is this a bullish or bearish development?
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