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U.S. CPI Inflation Trended Lower in November, Rising 3.1% From a Year Ago
12.12.2023
This morning's inflation data
Economist Steve Hanke Blasts Nobel Laureate Paul Krugman’s ‘Global Phenomenon’ Inflation Remark
11.12.2023
Johns Hopkins University applied economics professor Steven Hanke has lambasted fellow economist and Nobel laureate Paul Krugman’s claim that inflation is a “global phenomenon.” Paul Krugman suggested that progressive U.S. citizens can still be convinced that the Biden...
Report: 47% of Nigerians Engaged in Crypto-Related Activities
10.12.2023
A new study has found that as much as 47% of Nigerians are actively engaged in crypto trading which is now increasingly incorporated in their financial lives. The analysis also showed that crypto ownership in the country grew by 15% between 2020 and 2023. Cryptocurrencies No Longer Seen...
Coinbase CEO Brian Armstrong: ‘Bitcoin May Be the Key to Extending Western Civilization’
6.12.2023
Brian Armstrong, CEO of U.S.-based crypto exchange Coinbase, stated that Bitcoin could play a role in extending Western civilization. For Armstrong, Bitcoin represents an alternative to fiat currencies like the U.S. dollar, which people can use as an alternative to inflation. Coinbase CEO Brian...
Fed Expected to Take Dovish Stance in 2024 with Over 100 Basis Points of Cuts
27.11.2023
The Fed is expected to cut interest rates by over 100 basis points in 2024 as inflation rates fall, adopting a more dovish monetary policy stance. Image by Monster Ztudio, Adobe Stock. The U.S. Federal Reserve is likely to adopt a dovish monetary policy stance in 2024, according to projections...
Stablecoins will remain ‘indispensable’ in Argentina under new president — Ripio CEO
23.11.2023
Regardless of what changes Javier Milei brings to Argentina’s monetary system, stablecoin is likely to have an unshakable place in the economy, Sebastián Serrano said
Argentina’s President-Elect Javier Milei ‘No Anarcho-Capitalist’ Says Former Greek Finance Minister
22.11.2023
According to Greece’s former finance minister, Yanis Varoufakis, Argentina’s president-elect Javier Milei is “no anarcho-capitalist.” The former finance minister said Milei’s plan to fight inflation with dollarization “is like nuking a country to get rid...
Libertarian and Free Market Proponent Javier Milei Wins Argentine Presidency
20.11.2023
Argentina has welcomed Javier Milei as its newly elected president, with the libertarian candidate achieving a majority in the popular vote, surpassing his opponent Sergio Massa. Milei, who identifies as an anarcho-capitalist, has expressed his intention to dismantle the political...
3 reasons why Bitcoin price failed to break $37K
15.11.2023
Bitcoin’s latest price pullback to $35,000 was driven by softer U.S. inflation, China’s economic challenges and regulatory uncertainties
Adrian Day Warns of ‘Inevitable’ US Recession, Describes it as a ‘Freight Train Heading Towards Us’
15.11.2023
In a recent interview, Adrian Day, CEO of Adrian Day Asset Management, shared his insights, positing a looming economic downturn in the U.S. Day critically analyzed the Federal Reserve’s actions, explaining their expected impacts on the nation’s economy. Adrian Day: Recession Looms Like...
October’s Inflation Report: Shelter Prices Up, Gasoline Plummets — Mixed Market Reactions Follow
14.11.2023
On Tuesday, the U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers (CPI-U) remained unchanged in October, following a 0.4% increase in September. Over the past year, the all-items index rose 3.2% before seasonal adjustment, marking a notable trend...
Bitcoin Price Prediction as US Core Inflation Rate is Announced – Is the Bear Market Officially Over?
14.11.2023
Bitcoin (BTC) Chart / Source: TradingView Bitcoin (BTC) is trading at daily lows in the $36,100s in wake of the release of the latest US inflation figures for October, despite the numbers coming in lower than expected across the board. The headline Consumer Price Index (CPI) showed prices remaining...
Bitcoin bounces at $36.2K lows as CPI inflation slows beyond forecasts
14.11.2023
CPI positively surprises stocks and Bitcoin catches a bid as inflationary pressures are shown to be declining faster than thought
U.S. CPI Unexpectedly Flat in October; Bitcoin Adds Nearly 1%
14.11.2023
In addition to the headline beat, core CPI unexpectedly declined last month
CPI Report Tuesday Could Provide Next Bitcoin Catalyst
13.11.2023
The U.S. government tomorrow will report on October inflation data
Funding rates echo $69K BTC price — 5 things to know in Bitcoin this week
13.11.2023
Bitcoin funding rates are in classic bull market territory, but can BTC price upside sustain as macro volatility triggers line up?
Can blockchain solutions disrupt US inflation forecasting?
8.11.2023
New blockchain-based apps like Truflation could be a “healthy development,” given that gauging inflation is more art than science
Cathie Wood Likes Bitcoin as Both Deflationary and Inflationary Hedge
6.11.2023
that there is no counterparty risk in bitcoin when it is decentralized and everything is visible on the network
AI’ takes Collins dictionary word of the year, ‘debanking’ makes shortlist
1.11.2023
The Collins dictionary named AI word of the year, describing AI-powered language models as “bursting into the public consciousness” and “much talked about” in 2023
From Venezuela’s 360% to Ghana’s 42%, 10 Countries Worldwide Feel the Sting of Inflation
29.10.2023
Drawing upon the latest statistics, ten nations are grappling with inflation rates surpassing 40% as of October 2023, while four countries are enduring inflation rates in excess of 100%. A look into the data curated by the International Monetary Fund’s World Economic Outlook reveals that...