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Kevin O’Leary Expects US Crypto Regulations to Come Out After Midterm Elections
22.5.2022
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says U.S. crypto regulations will not come out until after the midterm elections. He explained that President Joe Biden “is not interested in discussing crypto” when his approval ratings have sunk to record lows. O’Leary...
Inflation Should Be Viewed as Public Enemy Number 1
21.5.2022
Jannie Rossouw, Visiting Professor at the Business School, University of the Witwatersrand._____
Inflation is a process of sustained increases in the general price level over a period of time, typically 12 months.
Inflation can be calculated for a country, for specific regions in a country...
Survey Shows 87% of Americans Are Stressed About Inflation and Rising Costs of Everyday Goods
21.5.2022
As the consumer price index (CPI), a measure of prices for goods and services, hit another all-time high in April reaching 8.3%, Americans are stressed out more than ever about inflation and money. A recent survey published by the American Psychological Association shows that 87% of U.S. residents...
Tim Draper Bullish on Bitcoin Due to Its Inflation Hedge Traits
21.5.2022
Tim Draper, an early bitcoin investor, has declared he is still optimistic about the value of the first cryptocurrency even with the downturn its price has taken in the last months. Draper believes that the asset is still valuable as an inflation hedge, and that the market we are navigating right...
First Mover Americas: Bitcoin Back Below $30K as Target's Earnings Miss Shows Effects of Inflation
18.5.2022
The latest moves in crypto markets in context for May 17,2022
Aave price risks a 25% plunge as a classic bearish reversal pattern emerges
18.5.2022
A handful of concerning factors, plus AAVE’s correlation with the Nasdaq, increases the possibility of the altcoin undergoing another massive sell-off
Elon Musk: US Economy Is Probably in Recession That Could Last 18 Months — Warns It ‘Will Get Worse’
18.5.2022
Tesla and Spacex CEO Elon Musk says that the U.S. economy is probably in a recession and it could be “tough going” for 12 to 18 months. He added: “The honest reason for inflation is that the government printed a zillion more money than it had.” Elon Musk on U.S....
How long will the crypto bear market last? Raoul Pal's macro analysis
12.5.2022
In an exclusive interview with Cointelegraph, macro investor Raoul Pal analyzes the macro factors that are keeping the crypto markets under pressure and the triggers that could spark the next Bitcoin rally
ApeCoin rebounds after APE price crashes 80% in two weeks: dead cat bounce or bottom?
12.5.2022
APE risks crashing into unchartered price territory as it follows Bitcoin and the rest of the crypto market
Ethereum plunges 13% vs. Bitcoin pushing BTC dominance to 2022 high — more pain ahead?
12.5.2022
Bitcoin dominance has spiked to six-month highs at Ethereum's expense as ETH/BTC suffers big losses
Crypto Market Dives – and Rebounds – Following UST De-Peg, US Inflation Report
11.5.2022
Bitcoin (BTC), ethereum (ETH), and the broader crypto market experienced a sharp correction today after the terraUSD (UST) stablecoin collapsed, and an inflation report in the US revealed higher-than-expected price rises. However, prices later turned around, marking a strong recovery for...
Bitcoin falls back under $30K while 8.3% US CPI shows signs inflation has peaked
11.5.2022
Potential relief for macro pressure offers no respite for Bitcoin as BTC price action returns to new ten-month lows
Headline Inflation Slowed to 8.3% in April, But Core Inflation Keeps Rising
11.5.2022
The consumer price index (CPI), reported by the Labor Department, was at 8.3% in April, down from 8.5% in March
US Inflation for April Hits 8.3%, Slightly Above Expectations
11.5.2022
US inflation hit 8.3% in April, down from a peak of 8.5% the month before, but still above expectations, new data from the US Bureau of Labor Statistics show.
“Over the last 12 months, the all items index increased 8.3% before seasonal adjustment,” the announcement said, adding that price...
Mexican Crypto Exchange Bitso Launches Stable Yield Program
11.5.2022
Bitso, a Mexico-based cryptocurrency exchange, is expanding its range of crypto investing options. The company has announced it will now allow customers to earn funds just by holding bitcoin or stablecoins in its wallet. The program, called Bitso+, will offer different yields based on...
Past-Peak Inflation Might Be Misleading as Price Pressures Continue to Mount
10.5.2022
As inflation peaks, bitcoin traders should be wary of reading too much into data
Erratic Bond Yields, Lockdowns, and War — 3 Reasons Why Economic Recovery Won’t Happen Quickly
10.5.2022
The global economy looks bleak as inflation continues to rise, and a wide array of financial investments continue to shudder in value. Since May 2, 2022, the crypto economy has dropped more than 15% from $1.83 trillion to today’s $1.54 trillion. The price of gold has lost 5% in 30 days,...
Bitcoin Slides Below USD 33K, Analysts Look for Possible Bottom
9.5.2022
Bitcoin (BTC) crashed to its lowest level since last summer as the number one cryptocurrency hit the USD 32,000 level. The Monday crash came as the broader crypto market sold off over the weekend, led by falling stock prices and fears that terraUSD (UST) could lose its dollar peg. Meanwhile...
Venezuela Bets on De-Dollarization After Foreign Currency and Crypto Tax Is Applied
9.5.2022
The government of Venezuela is now focusing its action on trying to establish the bolivar as the go-to currency for purchases in the country. According to several economists, this might be a risky bet in a country that has just exited hyperinflation and still suffers high levels of inflation....
First 6-week losing streak since 2014 — 5 things to know in Bitcoin this week
9.5.2022
Clouds on the horizon grow nearer as markets prepare for more inflation cues this week