Search
Bitcoin Hits $66K as Soft Inflation Data Sparks Crypto Rally
15.5.2024
Sluggish U.S. retail sales and softer inflation reports have opened the way for the next leg up in the crypto rally, Swissblock said
US Inflation Data Indicates Slight Cooling in April; Gold, Silver, and Cryptos Climb
15.5.2024
The latest report from the U.S. Labor Department’s Bureau of Labor Statistics reveals that the consumer price index (CPI) for April climbed by 0.3%. Over the last 12 months, the CPI increased by 3.4%, primarily driven by higher costs for shelter and gasoline. Relief Rally in Financial...
Bitcoin price taps $64.7K as US CPI shows core inflation at 3-year low
15.5.2024
Bitcoin gets a much-needed boost from increasing optimism about the Federal Reserve's course to cutting interest rates
U.S. CPI Softer Than Expected at 0.3% in April; Bitcoin Rises to $63.7K
15.5.2024
Bitcoin price loses steam, but futures markets forecast upside above $70K
14.5.2024
Bitcoin futures and options indicators remain stable even after BTC price swiftly rejected off the $63,500 level
Cautious Bitcoin Bounce to Face Inflation Data Hurdles Later This Week
13.5.2024
The downtrend in inflation has stalled so far this year, putting in doubt the odds for any Fed rate cuts in 2024
Bitcoin price shows strength as investors anticipate return of money printing
13.5.2024
Bitcoin rallies as central bank stimulus packages become more common, and the Fed’s signal of “higher for longer” interest rates aligns with investors’ market view
Goldman Sachs Analyst Says Consumers Under Severe Pressure as Stagflation Intensifies
12.5.2024
Goldman Sachs analyst Scott Feiler warns of a bleak outlook for consumers as stagflation looms, with a bearish stance on consumer cyclicals and defensive stocks. Amidst the administration’s troubled Bidenomics, heavily indebted consumers face mounting pressures as pandemic savings dry up...
Stan Druckenmiller Slams Bidenomics — Advocates for Less Government to Boost Innovation
11.5.2024
Renowned investor Stanley Druckenmiller has criticized Bidenomics, stating that he would give it an F if he was a professor. “Treasury is still acting like we’re in a depression,” he said, adding that “they’ve spent and spent and spent.” Moreover, Druckenmiller...
Bitcoin's Modest Rally Cut Short, Price Tumbles Back Below $61K
10.5.2024
Stagflationary U.S. economic data and hawkish remarks from a Fed speaker appeared to sour the bullish mood
Warhammer's About To Get A Bit More Expensive
7.5.2024
Money is imaginary, and yet we imagine the worst possible version. As we all agree to pretend that swapping numbers on a computer, or paper and metal in person, makes sense as a transaction for goods, we also for some reason pretend that said goods get more expensive. As a result of this, Games...
Bitcoin Post-Halving Price Consolidation Isn’t Over Yet: Bitfinex
2.5.2024
Analysts at cryptocurrency exchange Bitfinex predict the price of Bitcoin could consolidate for up to two months post-halving
The post Bitcoin Post-Halving Price Consolidation Isn’t Over Yet: Bitfinex appeared first on Cryptonews
Bitcoin Dips to $63K as Rate Cut Hopes Dim Following Disappointing U.S. Inflation Report
25.4.2024
Increasing concerns about sticky inflation hit risk assets across all markets including cryptos
Bitcoin Inflation Rate At An All-Time Low
25.4.2024
Bitcoin's inflation rate has reached a new milestone, recording an all-time low of approximately 1.74%, just days after the latest Bitcoin halving.
The post Bitcoin Inflation Rate At An All-Time Low appeared first on Cryptonews
39% of Canada’s institutional investors have exposure to crypto: KPMG
25.4.2024
KPMG Canada partner Kunal Bhasin says rising debt and increasing inflation have likely attracted institutional investors into crypto
What Is Bitcoin Meant to Hedge?
17.4.2024
The cryptocurrency underperformed this week as an economic safe haven. But bitcoiners are taking a longer term view
Skybridge Founder: It Pays to Be Long Bitcoin — BTC Will Be Inflation Hedge and Store of Value as It Scales
16.4.2024
Skybridge Capital founder Anthony Scaramucci firmly believes that bitcoin will be both an inflation hedge and a store of value as the cryptocurrency scales. He emphasized that bitcoin is “still an early stage technical asset that will trade like other risk assets until it exceeds a billion...
10x Research Founder Who Predicted Bitcoin’s Pre-Halving All-Time High Turns Bearish
16.4.2024
10x Research Founder Markus Thielen who predicted Bitcoin’s recent pre-halving rally to all-time highs has turned bearish on risk assets such as technology stocks and cryptocurrencies.
The post 10x Research Founder Who Predicted Bitcoin’s Pre-Halving All-Time High Turns Bearish appeared first...
Uncertainty Over Fed Rate Cuts Intensifies With Sticky Inflation Metrics
13.4.2024
As each day unfolds, analysts, economists, Wall Street institutions, and Fed watchers have increasingly postponed their forecasts for when the U.S. Federal Reserve will reduce the benchmark interest rate. Current data suggest that a rate cut in June is unlikely, with odds standing at 50-50 for...
Bitcoin Demand to Rise on Back of ‘Unsustainable’ Deficit, Inflation, says Grayscale
11.4.2024
According to Grayscale, recent inflation figures may have a short-term negative impact on crypto, but continuous inflation will ultimately increase sentiment towards cryptocurrency.
The post Bitcoin Demand to Rise on Back of ‘Unsustainable’ Deficit, Inflation, says Grayscale appeared...