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JPMorgan CEO Jamie Dimon Warns Against U.S. Inflation, Praises AI
8.4.2024
JPMorgan CEO Jamie Dimon is warning fellow shareholders about increased U.S. inflation while praising the development of AI, his 2023 annual letter to shareholders reveals. His comments come amidst greater conversations regarding the impact of current inflation rates as well as consequences of...
Fed Governor Bowman Insists High Inflation Could Necessitate Future Rate Hikes
7.4.2024
Inflation in the U.S. has remained persistent, experiencing increases in the first two months of 2024, prompting members of the U.S. Federal Reserve to exercise caution against premature rate reductions. Federal Reserve Governor Michelle Bowman has voiced considerations for elevating interest...
Bitcoin’s Acceptance as 'Digital Gold' May Spur Demand From New Investors: Coinbase
5.4.2024
Gold has outperformed after the Federal Reserve expressed a cautious stance on the pace of future interest-rate cuts, the report said
Choppy Bitcoin Price Action Continues Ahead of Friday's Jobs Report
3.4.2024
Flows into the new spot ETFs have been subdued for a couple of weeks, possibly prompting a renewed interest in macro drivers for price direction
Argentina President Milei Disappoints Some Bitcoiners as Crypto Registration Rule Begins
2.4.2024
The nation unveiled a mandatory registration process for cryptocurrency platforms
Peter Schiff: Something Big Is Happening That Very Few Investors Are Prepared For
2.4.2024
Economist and gold bug Peter Schiff has warned that something big is happening that very few investors are prepared for. “More importantly, governments and central banks are not prepared for it either,” he stressed. Schiff explained that Fed rate cuts will make the inflation problem...
Peter Schiff Warns of Severe Economic Repercussions, Highlights Inflation and Money Supply Concerns
30.3.2024
In a recent analysis, economist Peter Schiff draws stark comparisons between the current U.S. economic optimism and the prelude to the 2008 financial crisis. Schiff, leveraging his expertise, warns of impending financial turmoil, emphasizing the critical role of money supply in understanding...
Robert Kiyosaki Recommends Buying One-Tenth Of A Bitcoin, Backs Michael Saylor
25.3.2024
Famed 'Rich Dad Poor Dad' author Robert Kiyosaki doubles down on Bitcoin, plans to buy more ahead of April's halving event. He anticipates a price surge to $100K by September, driven by dollar weakness.
The post Robert Kiyosaki Recommends Buying One-Tenth Of A Bitcoin, Backs Michael Saylor...
Bitcoin Sells Off 3%; Is Macro Risk Returning to Market?
14.3.2024
U.S. economic data on Thursday has sent rates and the dollar higher
Financial Markets Tense as Inflation Rise Suggests US Central Bank May Keep Rates Steady
13.3.2024
The U.S. Consumer Price Index (CPI), experienced a 3.2% increase over the 12 months ending in February, marginally higher by 0.1% compared to January’s CPI. This development is not being well-received by the financial markets, as the U.S. Federal Reserve might postpone any reductions in...
Bitcoin's Wild Four Hours: New Record of $73K, Tumble to $69K, Rebound to $71K, $360M in Liquidations
12.3.2024
Momentum behind bitcoin's rally has waned so expect a period of consolidation, Matrixport analysts noted
Adjusted for Inflation, Bitcoin Hasn’t Topped Its All Time High
6.3.2024
If bitcoin’s an inflation hedge, shouldn’t we adjust it for inflation?
Crypto “Best Hedge” Against Inflation: Robert F. Kennedy Jr. at ETHDenver
4.3.2024
US Presidential Candidate Robert F. Kennedy Jr. said that cryptocurrencies reclaim control from both the government and monopolistic institutions, offering a myriad of freedoms to individuals.
The post Crypto “Best Hedge” Against Inflation: Robert F. Kennedy Jr. at ETHDenver appeared...
CPI Report Triggers Market Tumble: Stocks and Crypto Decline as Inflation Concerns Mount
13.2.2024
On Tuesday, the U.S. Bureau of Labor Statistics released its Consumer Price Index (CPI) report, indicating a 0.3% rise in January. Following the release, all three major stock indices experienced a decline, Treasury yields climbed, and crypto assets took a hit, moving downward from their recent...
Bitcoin Drops 2% on Hotter-Than-Expected U.S. Inflation
13.2.2024
The CPI reading reduced expectations for interest-rate cuts in the next months, weighing on risk assets such as crypto
Nigerian Currency Depreciation: Central Bank Head Reaffirms Commitment to Reviving Confidence in the Economy
8.2.2024
The Nigerian central bank remains committed to building confidence in the economy but that hinges on the implementation of “bold reforms” and residents’ help in easing pressure on the naira. However, critics have faulted the central bank’s policies including the devaluation...
Egypt Aims to Ease Pressure on Forex Reserves via $1 Billion Treasury Bill Auction
6.2.2024
Barely a month after raising $850 million from an auction of dollar-denominated treasury bills, the CBE was reportedly poised to raise $1 billion via similar instruments. The decision to hike overnight interest is said to be part of the central bank’s ongoing efforts to stabilize Egypt’s...
Fed Chair Powell Says US Government Is on ‘Unsustainable’ Fiscal Path
6.2.2024
Federal Reserve Chairman Jerome Powell says in the long run, the U.S. federal government is on an unsustainable fiscal path due to its ballooning debt growing faster than the economy. Moreover, the Fed chair cautioned that there will be some banks that have to be closed or merged out of existence....
Coinbase Sees Positive Setup for Bitcoin as Exhaustion Hits Factors Pressuring BTC
5.2.2024
Cryptocurrency exchange Coinbase says many technical factors pressuring bitcoin, and crypto more broadly, are starting to be exhausted. “We expect macro factors to become more relevant for the digital asset class in the weeks ahead, which could be supportive for performance,”...
Economist Peter Schiff Discusses Likelihood of a Fed Interest Rate Cut in March
2.2.2024
Economist Peter Schiff says Federal Reserve Chairman Jerome Powell taking the March rate cut off the table “may have actually raised the probability that the Fed will indeed serve up the first rate cut in March.” Moreover, Schiff explained that the Fed’s job is actually to create...