[Jul 13, 2023 9:09 AM] Bitcoin and crypto markets seem ready to put in a "major move," commentary concludes, as BTC price action coils up below $31,000.
[Jul 12, 2023 7:30 PM] On Wednesday, July 12, 2023, the U.S. Bureau of Labor Statistics released the Consumer Price Index report for June, showing a 3% increase in inflation, the lowest level since March 2021. The U.S. inflation rate has fallen for 12 consecutive months…
[Jul 12, 2023 12:59 PM] Wednesday's CPI report showed sizable decelerations in both overall and core U.S. inflation, which one might've thought would drive BTC's price higher.
[Jul 12, 2023 10:00 AM] Bitcoin cash rose by nearly 6% on Wednesday, following the release of the latest consumer price index (CPI) in the United States. Inflation fell by 1.0% from May, coming in at 3.0% last month. Polkadot also rose, extending its winning run for a…
[Jul 12, 2023 6:30 AM] Bitcoin moved towards $31,000 on Wednesday, ahead of June’s inflation report from the United States. Consumer prices are expected to fall to 3.1%, down from May’s reading of 4.0%. Ethereum also edged higher, as the cryptocurrency…
[Jul 12, 2023 6:00 AM] This is an opinion editorial by Rune Østgård and Alexander Ellefsen, financial writers based in Norway.Although we don’t have exact numbers on Bitcoin adoption globally, we do know that the global average cryptocurrency adoption rate was estimated…
[Jul 12, 2023 4:12 AM] Bitcoin is tipped to see classic volatility in BTC price around the CPI release, while liquidity remains tightly wrapped around spot.
[Jul 11, 2023 12:00 AM] Jim Rickards, economist and best-selling author, has accused the Biden administration of destroying the U.S. dollar as a reserve currency. Rickards stated that Biden is to blame for the upcoming marginalization of the U.S. dollar at the hands of a…
[Jul 10, 2023 7:31 PM] The CPI sank to 4% in May and has been trending downward, although the Federal Reserve seems likely to follow through on an intended rate hike later this month.
[Jul 10, 2023 4:00 PM] According to the Egyptian Statistics Bureau, Egypt’s annual inflation rate hit 36.8% in June, a staggering 33.7% increase from May’s inflation rate, breaking records. Egypt, the world’s 14th most populous country, grapples with…
[Jul 10, 2023 3:23 AM] China is exporting deflation across the Western world. Ultimately this will be good for risk assets as it relates to the end of the global interest-rate increase cycle, one observer said.
[Jul 10, 2023 2:40 AM] Bitcoin is proving everything is bullish but BTC price action this week, with network fundamentals and accumulation data in “up only” mode.
[Jul 9, 2023 12:30 PM] Inflation in the eurozone has started to decline but the area’s monetary authority expects it to remain above its target in the next two years. The European Central Bank has to do more to bring it down, its governor commented on the backdrop of…
[Jul 7, 2023 12:30 PM] Cointelegraph analyst and writer Marcel Pechman explains how Argentina’s 150% inflation is actually helping the altcoin market by luring more investors.
[Jul 4, 2023 1:30 PM] Following the aftermath of the United States’ three major bank collapses, several market observers argue that the banking crisis in the country persists. Bank of America has recently garnered significant attention, with the Federal Deposit…
[Jul 4, 2023 2:05 AM] In the world of financial markets, Bitcoin and crypto, fear and uncertainty often dominate the headlines. Over the past few months, there has been growing speculation about an impending recession and the possibility of a major crash in risk assets…
[Jul 3, 2023 2:00 PM] Based on projections from the U.S. Federal Reserve, it is anticipated that the central bank will implement two additional increases to the federal funds rate within the span of 2023. As indicated by Fed policymakers, they estimate the benchmark…
[Jul 3, 2023 7:54 AM] The rise in real yields is more of a headache to blue chip stocks than to markets like technology or crypto and will not disrupt the medium-term growth story, one observer said.
[Jun 30, 2023 4:57 AM] With the expiry done, the supposed price magnet at $26,500 from the max pain point is gone and prices could resume the upward journey, a common pattern during the bull market days of 2021.
[Jun 29, 2023 2:44 PM] In comments Thursday at a Madrid event on financial stability, Fed Chair Jerome Powell said that “it will take time for the full effects of monetary restraint to be realized.”
[Jun 25, 2023 5:30 AM] The Bank of England made an impactful move last Thursday, June 22, 2023, as it raised the benchmark bank rate to 5%, marking a significant 0.5 percentage point increase. This decision catapults the central bank’s rate to its highest level…
[Jun 24, 2023 1:30 PM] According to a Newsweek poll conducted by Redfield & Wilton Strategies, 55% of Americans are “very” or “fairly” concerned about paying off credit debt this year. The total credit card balance of Americans is at its…
[Jun 21, 2023 11:30 AM] Federal Reserve Chairman Jerome Powell has signaled more interest rate hikes this year. “Given how far we’ve come, it may make sense to move rates higher but to do so at a more moderate pace,” the Fed chair told U.S. lawmakers. “Inflation pressure
[Jun 20, 2023 9:30 AM] After the U.S. central bank refrained from boosting interest rates last week, investors now anticipate two more hikes that may elevate the federal funds rate to 5.6% by the year’s end, climbing 50 basis points (bps) from its present level…
[Jun 19, 2023 3:30 PM] Ethereum’s core developers are engaged in discussions about raising the validator threshold from 32 ETH to 2,048 ETH. This proposal, put forward by Michael Neuder, a researcher from the Ethereum Foundation, aims to address concerns related…
[Jun 17, 2023 3:30 PM] Steve Hanke, an economist and professor of Applied Economics at Johns Hopkins University, as well as a former member of Ronald Reagan’s Council of Economic Advisors, recently expressed his belief that the U.S. Federal Reserve is lacking…
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