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US Inflation Jumps to Fresh 4-Decade High of 8.5% in March
12.4.2022
The U.S. Consumer Price Index accelerated last month as supply bottlenecks and war-related sanctions pushed already-elevated inflation higher
US Inflation Hits 8.5%, Slightly Higher Than Expected
12.4.2022
US headline inflation for March came in at 8.5%, slightly above analysts’ expectations. The number is up markedly from February’s reading of 7.9%. (This is a developing story and is being updated as new details and reactions emerge.)...
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Study Finds 33.4 Million Nigerian Adults Hold or Have Traded Crypto in Last 6 Months
12.4.2022
According to a new report, approximately 33.4 million Nigerians, or 35% of the country’s adult population, are holders of cryptocurrencies or have traded them in the past six months. The report attributes the growing adoption of cryptocurrencies to rising inflation and the plunging value...
Lack of proper financial services boosts crypto ownership in Nigeria, says report
12.4.2022
One of the main reasons investors across the globe seek to diversify traditional assets into crypto is to counter rising fiat inflation
White House in Damage Control Mode as Crypto Markets Brace for 8%-Plus Inflation
12.4.2022
White House blames Russia's war on Ukraine for the extraordinary elevated inflation to be revealed by Tuesday's data from the Labor Department. Will markets agree?
Bitcoin claws back $40K as 24-hour crypto liquidations near $500M
12.4.2022
Incoming CPI data is set to shock markets while Bitcoin traders are eyeing the event as a potential "short-term bounce" catalyst
Crypto seen as the ‘future of money’ in inflation-mired countries
11.4.2022
Citizens in countries with heavily devalued currencies “need to have crypto.” In the developed world, it’s often just “nice to have.”
Bitcoin & Crypto Fall as Market Awaits US Inflation Numbers, ‘Overvalued’ Tech Stocks Worry Traders
11.4.2022
The crypto market traded lower over the weekend, with US inflation data, possible moves by the US Federal Reserve (Fed), and bearish-looking technology stocks all weighing on investors’ sentiment and causing worry about the way forward....
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Mexico’s Third Richest Billionaire Warns of Severe Dollar Inflation — Says Buy Bitcoin to ‘Save Your Skin’
11.4.2022
The third-richest billionaire in Mexico, Ricardo Salinas Pliego, has shared his experience of living through hyperinflation. He warned that the U.S. and several other civilized countries are “going exactly the same route” his country went through in the 1980s. Mexican Billionaire...
When Bitcoin Meets Inflation
8.4.2022
Alice Liu, Senior Associate, Cryptocurrency Investments at exchange-traded fund and exchange-traded product sponsor WisdomTree.
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Bank of America Strategist Warns ‘Recession Shock’ Is Coming, Analyst Says Crypto Could Outperform Bonds
8.4.2022
On Friday, Bank of America’s (BOFA) chief investment strategist Michael Hartnett explained in a weekly financial note to clients that the U.S. economy could head into a recession. The BOFA strategist’s note further detailed that cryptocurrencies could outperform bonds and stocks. BOFA...
Get ‘Mentally Ready’ for Lower Bitcoin Prices as Rates Rise, Bitcoin 2022 Panelists Warn
8.4.2022
The macroeconomic landscape for bitcoin (BTC) could become more difficult to navigate as the US Federal Reserve continues to raise interest rates. However, bitcoin is the only way to transition to a new monetary standard, panelists at a discussion on the current macro backdrop at Bitcoin 2022...
A Censorship-Resistant Inflation Index Is Being Built on Chainlink
8.4.2022
Truflation currently measures a 13.2% inflation rate, as opposed to the 7.9% measured by the Consumer Price Index in March
Stronger dollar prospects risk pushing down Bitcoin price to $32K
7.4.2022
The U.S. dollar index could rally further in the coming weeks, which is typically bad news for Bitcoin
Observers Cautious for Bitcoin as U.S. Inflation-Adjusted Bond Yield Hits 2-Year High
6.4.2022
‘New Inflationary Era’ Upon Us, Central Bank Action Will be Unpopular – BIS’ Carstens Warns
5.4.2022
The return to inflation in the world means that real interest rates need to rise into positive territory, but with historically high levels of debt, such a move by central banks will not be popular, the Bank for International Settlements’ (BIS) head Agustín Carstens warned....
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First Mover Asia: Crypto Offering New Opportunities for Inflation-Worried Indonesian Investors; Bitcoin Is Flat
5.4.2022
A report by the crypto exchange Gemini found that about three in five Indonesians own cryptocurrencies; bitcoin and ether drop slightly
BTC starts 2022 all over again — 5 things to know in Bitcoin this week
4.4.2022
The yearly open stays in focus as support as Bitcoin bulls hope for a trip to $50,000 this week
European Inflation Skyrockets to Record 7.5% — ECB Chief Lagarde Expects Energy Prices to ‘Stay Higher for Longer’
3.4.2022
While inflation continues to roar in the U.S., the inflation rate in the eurozone tapped another high last month reaching 7.5% in March. Energy and food prices have soared throughout the 19 member state economies, and ​​European Central Bank president Christine Lagarde expects energy...
Is Bitcoin a hedge against inflation?
3.4.2022
Inflation eats into your savings, reducing the value drastically over time. Is Bitcoin a good inflation hedge?