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U.S. Inflation Gauge Jumps to Fresh 4-Decade High of 9.1%; Bitcoin Falls
13.7.2022
The new Consumer Price Index (CPI) reading keeps pressure on the U.S. central bank to further tighten monetary policy aggressively at its next meeting later in July
US Inflation Jumps More than Expected in June; Bitcoin & Ethereum Slide
13.7.2022
Annual inflation in the US hit 9.1% in June, or more than what analysts had expected, and up from 8.6% in May. It reached the highest level in 41 years. (This is a developing story and is being constantly updated).
In a month, prices jumped 1.3%, also more than expected. The so-called annual...
US CPI Preview: Inflation Likely to Climb to New 40-Year High
13.7.2022
A hotter-than-expected core CPI figure could bring renewed selling pressure to the bitcoin market
Bitcoin circles $20K pre CPI amid warning Fed risks ‘blowing up’ economy
13.7.2022
"Highly elevated" CPI numbers due in hours as one theory suggests that there is already no more room for Fed rate hikes
Jobs Growth Is the Savior of Inflation-Wracked US Economy
12.7.2022
CPI preview
First Mover Americas: Bitcoin Below $20K and BTC's Inverse Correlation With Inflation-Adjusted Bond Yield Hits Record High
12.7.2022
The latest price moves in bitcoin ($BTC) and crypto markets in context for July 12, 2022
Crypto Falls Ahead of US Inflation Figure as Bitcoin On-Chain Metrics Signal ‘Oversold Conditions’
12.7.2022
The crypto market fell on Tuesday ahead of a US inflation report for June that is feared to show that consumer prices have continued to rise at a faster pace despite interest rate hikes. Meanwhile, more on-chain signs are now indicating that a bottom for bitcoin (BTC) could be about...
Bitcoin, Ethereum Technical Analysis: BTC Below $20,000 as Markets React to Increasing Dollar Strength
12.7.2022
BTC fell below $20,000 on Tuesday, as volatility in financial markets continued to peak, due to current levels of inflation. The euro fell to its lowest level against the U.S. dollar in over twenty years, and this dollar strength seems to be impacting crypto prices. ETH also slipped, falling below...
Bitcoin price hits 7-day low as US warns of 'highly elevated' CPI data
12.7.2022
Crypto market jitters around inflation expand with Bitcoin and Ethereum dropping to levels not seen since last week
Bitcoin's Inverse Correlation With Inflation-Adjusted Bond Yield Hits Record High
12.7.2022
The real yield has surged by over 170 basis points this year, putting pressure on risk assets, including bitcoin
Analysts say Bitcoin range ‘consolidation’ is most likely until a ‘macro catalyst’ emerges
11.7.2022
BTC on-chain metrics and technical indicators are trading near historical bottoms, but analysts say a new “macro catalyst” could prove the current range is not the bottom
Market Wrap: Bitcoin Retraces Gains as Investors Await Inflation Announcement
11.7.2022
BTC recovered from an early dip below $20,000 to regain its perch above the psychologically important threshold
Bitcoin risks new lows as $20K looms amid dollar euro parity
11.7.2022
Support is thin on the ground, analysts and traders warn, as ex-BitMEX CEO Arthur Hayes heralds the start of the fiat currency "doom loop" with USD/EUR parity
Crypto Exchange Bitso Launches Remittance Service in Colombia
11.7.2022
Bitso, a Mexican-based, Latam operating cryptocurrency exchange, announced it is launching a remittance service in Colombia. The company will now allow its customers in Colombia to send and receive remittances using dollar-pegged stablecoins on the platform. The exchange launched a similar service...
US inflation data will be 'messy' — 5 things to know in Bitcoin this week
11.7.2022
A potent combination of CPI figures and more make for a problematic week as Bitcoin price struggles
Hacker Selling 1 Billion Chinese Citizens’ Data for 10 BTC, Zuckerberg’s Meta Ends Novi Project, and More — Bitcoin.com News Week in Review
10.7.2022
In this week’s bite-sized digest of the hottest stories from Bitcoin.com News, a hacker claims to have stolen a massive amount of Chinese citizens’ personal data from Shanghai police, and now wants to sell it for ten bitcoins. Also, Mark Zuckerberg’s Meta has ditched the Novi...
5 Ways That the Super-Strong US Dollar Could Hurt the World Economy
10.7.2022
Alexander Tziamalis, Senior Lecturer in Economics, Sheffield Hallam University, and Yuan Wang, Senior Lecturer in Economics, Sheffield Hallam University.____
The US dollar has been on a major surge against major global currencies in the past year, recently hitting levels not seen in 20 years....
Kenya Has Highest Proportion of Crypto Owning Citizens in Africa UNCTAD Data Shows
10.7.2022
The latest data from the United Nations Conference on Trade and Development (UNCTAD) suggest that Kenya has the highest proportion of crypto-owning inhabitants than any other African country. To counter the growing use of cryptocurrencies, UNCTAD said it recommends the imposition of taxes that...
Trend Forecaster Gerald Celente Says World War 3 Has Begun — ‘If the People Don’t Unite for Peace, We Are Finished’
9.7.2022
This week Bitcoin.com News spoke with Gerald Celente, the popular trends forecaster, and publisher of the Trends Journal. During a telephone conversation, Celente discussed the uncertainty surrounding the global economy after governments worldwide locked down the world’s citizens over...
Surveyed Central Bank Reserves Managers Say Inflation is Not ‘Transitory’, Likely to Remain High
7.7.2022
Only 20% of surveyed central bank reserves managers still say that inflation will be “transitory,” as the US Federal Reserve (Fed) and other central banks insisted was the case until recently. Meanwhile, close to half of the managers say inflation is likely to remain elevated, per the latest...