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Bitcoin price slides below $40K following a ‘lackluster’ breakout
13.4.2022
BTC price tumbled back under $40,000 as on-chain metrics indicate dwindling demand from new investors and long-term holders largely dominate the market
Bitcoin and Today’s Wicked Inflation Share a Common Ancestor
12.4.2022
Inflation Rises Sharply in the US as Consumer Prices in March Spiked to 8.5%
12.4.2022
Inflation in the U.S. continues to remain red hot as consumer prices last month increased sharply to 8.5% in March compared to the same month last year. Metrics show the Bureau of Labor Statistics’ (BLS) Consumer Price Index (CPI) spiked last month at the fastest pace since December 1981....
Ethereum price 'bullish triangle' puts 4-year highs vs. Bitcoin within reach
12.4.2022
ETH/BTC could reach 0.10 this year as the market anticipates Ethereum's proof-of-stake switch
Bitcoin spikes with stocks as US inflation hits highest since 1981
12.4.2022
The Fed gets some serious heat as CPI numbers show just how quickly prices are rising for U.S. consumers
Bitcoin, Ethereum Technical Analysis: BTC Back Above $40,000 Following Record U.S. Inflation Data
12.4.2022
Bitcoin and ETH both fell below key price levels on Tuesday, as crypto bears continued to push prices lower. Despite this, both have now regained these levels following news that U.S. inflation rose to a record 8.5% year-over-year. Overall, cryptocurrency markets were down 1% as of writing. Bitcoin...
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....
Read More: Bitcoin & Crypto Fall as Market Awaits...
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