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‘Bitcoin Is Worth Zero’ — Kenyan Communication Strategist Warns African Investors to Be Wary
2.11.2021
A Kenyan communications strategist, Mwotia Ciugu, has told African investors to be wary of investing in bitcoin which he claims is worth zero. Bitcoin Structurally Incapable of Delivering on Its Promise In an op-ed published by The Elephant, Ciugu insists bitcoin (BTC) is structurally incapable...
Goldman Sachs Predicts Ethereum Could Hit $8,000 This Year
2.11.2021
Global investment bank Goldman Sachs is reportedly predicting that the price of ether could rise to $8,000 by year-end. The bank’s analysts explained that cryptocurrencies have traded in line with inflation breakevens since 2019. Ether Could Reach $8K by Year-End, According to Goldman Sachs...
New Data Shows Red Hot US Inflation Highest in 30 Years — Analyst Says Rising Inflation Could Hit a ‘Tipping Point’
1.11.2021
Inflation continues to remain hot in the United States as supply constraints and higher oil prices continue, seeing barrels of crude surge above $80 per unit. Meanwhile, data released on Friday indicates that consumer expenditures have risen to 4.4%, the highest run-up of inflation the country...
Peter Thiel: High Bitcoin Prices Are Proof of US Inflation
1.11.2021
The PayPal co-founder and venture capitalist billionaire Peter Thiel has claimed that rising bitcoin (BTC) prices are proof that inflation has taken hold in the United States economy.
Thiel, who per Bloomberg was speaking at the weekend “at a conservative conference” that high BTC prices “indicate...
Elon Musk warns of 'strong inflationary pressure' as Tesla mulls Bitcoin payments
26.10.2021
The world's richest man, whose net worth hit a quarter of a trillion dollars this week, is also unsure whether inflation will ever calm down
Twitter CEO Jack Dorsey Warns Hyperinflation Will Soon Happen in US and the World
25.10.2021
Twitter and Square CEO Jack Dorsey has warned that hyperinflation will soon happen in the U.S. and elsewhere in the world. “Hyperinflation is going to change everything. It’s happening,” he predicted. Many people disagreed with him, however. US Will Soon Experience...
JPMorgan Sees ‘Bullish Outlook’ for Bitcoin as Inflation Concerns Push BTC Price Higher
24.10.2021
Global investment bank JPMorgan says inflation concerns are pushing the price of bitcoin to record highs, rather than interest in recently launched bitcoin futures exchange-traded funds (ETFs). Noting that investors are pulling out of gold ETFs into bitcoin funds, the firm noted, “The flow...
Journalist and Youtuber Tim Pool Believes 1 Bitcoin Will ‘Eventually Be Equivalent to $1 Million’
23.10.2021
The American journalist, Youtuber, podcast host, and political commentator, Tim Pool, has talked about bitcoin on numerous occasions and even more so these days as the crypto asset crossed its all-time price high. After the Proshares exchange-traded fund (ETF) launched on the New York Stock...
Fed Chair On Higher Inflation, Robinhood's Million Crypto Wallets, NFT Unicorn + More News
22.10.2021
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 Inflation, Robinhood's Million Crypto Wallets, NFT Unicorn + More News
Inflation fears or ETF driving Bitcoin price? The Market Report is live with Big Cheds
21.10.2021
“The Market Report” with Cointelegraph is live right now with special guest Big Cheds, a professional trader and one of the founding analysts of Bitcoin Live
JPMorgan says inflation concerns, not ETFs, driving Bitcoin price jump
21.10.2021
JPMorgan strategists say that interest in the newly launching BITO Bitcoin ETF could cool after a week or so
Billionaire Paul Tudor Jones Now Prefers Crypto Over Gold as Inflation Hedge
21.10.2021
Billionaire hedge fund manager Paul Tudor Jones says that bitcoin is currently “winning the race against gold.” He added that the cryptocurrency is his preferred inflation hedge over gold. Paul Tudor Jones Chooses Bitcoin Over Gold Paul Tudor Jones, the founder of asset management...
Billionaire investor Carl Icahn thinks Bitcoin may be the best hedge for inflation
19.10.2021
His comments were in line with Federal Reserve Chairman Jerome Powell, who mentioned that inflation was rising along with supply issues
Inflation Scares in an Uncharted Recovery
15.10.2021
Francesca Caselli is an economist in the World Economic Studies Division of the International Monetary Fund (IMF) Research Department. Prachi Mishra is an Advisor in the Research Department at the IMF.
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The economic recovery has fueled a rapid acceleration in inflation this year for advanced...
‘Thank God for Bitcoin,’ Cynthia Lummis says on US debt limit raise
15.10.2021
Bitcoin should be there to allow people to save in the event the government fails, Senator Cynthia Lummis said
CME Bitcoin futures open interest hits 8-month high, greater than when BTC price was at $65K
14.10.2021
Open Interest surged to $3.22 billion Thursday to levels not seen since February
Crypto adoption in sights: Regulators and industry join to fight ransomware
14.10.2021
As the crypto industry continues to develop at a rapid pace, so do the ransomware attacks, but regulators now seem ready to step in
St. Louis Fed’s James Bullard Would ‘Support Starting the Taper in November’ to React to Inflation
14.10.2021
St. Louis Federal Reserve president James Bullard told the press on Tuesday that he thinks the U.S. central bank needs to wind down the buying of $80 billion worth of monthly bond purchases. Bullard says he would support tapering starting as early as November, in order to “react to possible...
US Inflation Expectations Highest Since 2013, Gas Prices Skyrocket, Supply Chains Buckle
13.10.2021
Americans are still concerned about dealing with inflation, as the cost of goods and services has continued to rise significantly in a short period of time. The Federal Reserve has published the latest Survey of Consumer Expectations report and U.S. households believe inflation will be up 5.3%...
Bitcoin price is correcting, but what does futures data show?
12.10.2021
BTC price rejected near $58,000 but derivatives data shows traders positioned in a neutral-to-bullish, leaving sufficient “room” for a new all-time high in 2021