18 / 21 Relevant items tagged with #Inflation

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Why I Sold My House To Buy A Bitcoin Dip

[Feb 28, 2023 7:00 AM] After realizing that taking out a home loan meant his property was never really his, a military member sold his house to buy bitcoin instead.This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent…

BRICS Nations ‘Coalescing Against the Dollar,’ Major Banks Predict More Fed Hikes, Bitcoin Records Large Blocks as Ordinals Gain Currency

[Feb 26, 2023 7:00 AM] In spite of turbulence in traditional global finance, with BRICS nations said to be pushing for de-dollarization and major banks like Bank of America and Goldman Sachs predicting further interest rate hikes from the U.S. Federal Reserve, creativity…

Commodity Strategist Mike McGlone Predicts a Recession as Top Catalyst for Gold’s Rise Above $2,000

[Feb 24, 2023 4:00 PM] This week, Bloomberg Intelligence senior macro strategist Mike McGlone shared his March outlook and noted that the “top catalyst” that could push gold above the $2,000-per-ounce range is a recession. McGlone further explained in an…

Bitcoin bears attempt to pin BTC price under $23K ahead of this month’s options expiry

[Feb 23, 2023 1:11 PM] $1.9 billion in BTC options are set to expire on Feb. 24, and bulls are well positioned to profit despite the Federal Reserve's intention to cool off the U.S. economy.

US Markets Tumble as Real Estate Weakens, Putin Suspends Nuclear Treaty, Morgan Stanley Warns of Stock Market ‘Death Zone’

[Feb 21, 2023 6:00 PM] On Tuesday, all four major U.S. benchmark stock indexes fell as real estate data showed home sales dropped by 0.7% last month and Russian President Vladimir Putin suspended the nuclear arms control treaty with the United States. Additionally, the…

Expert Predicts Looming Economic Collapse as BRICS Nations Unite Against the Dollar

[Feb 20, 2023 3:00 PM] Andy Schectman, CEO of Miles Franklin Precious Metals Investments, explained in a recent interview that the five leading emerging economies—Brazil, Russia, India, China, and South Africa, collectively known as BRICS nations—are “coalescing…

Ethereum’s Transition to Proof-of-Stake Yields Deflationary Results

[Feb 20, 2023 1:00 PM] After the transition from proof-of-work (PoW) to proof-of-stake (PoS), Ethereum’s annual issuance rate has been reduced to negative 0.057%, according to statistics 158 days after The Merge. The metrics indicate that more ethereum tokens have…

Crypto Dominates as Payment Method for Remote Workers in Latam

[Feb 20, 2023 6:30 AM] Most remote workers in Latam prefer to get paid in crypto, according to the latest report from the Deel Lab for Global Employment. The reasons behind the finding are said to be diverse, but include the instability of some of the local fiat…

A ‘snap back’ to $20K? 5 things to know in Bitcoin this week

[Feb 20, 2023 1:33 AM] Bitcoin sees split opinions as major $25,000 resistance combines with early signs that all is not well with the BTC price rally.

Bitcoin price rally to $25K followed by total crypto market cap retest of the $1.13T resistance

[Feb 17, 2023 3:17 PM] This week’s bearish regulatory actions and rumors were not strong enough to suppress investors’ appetite for cryptocurrency.

Bitcoin price derivatives look a bit overheated, but data suggests bears are outnumbered

[Feb 16, 2023 4:41 PM] Bullish BTC traders are using excessive leverage, but bears’ reluctance to fight back could extend the current Bitcoin price rally.

US Inflation Remains Higher Than Expected, Raising Concerns Among Investors

[Feb 14, 2023 11:00 AM] U.S. inflation levels dropped slightly in January, sliding from 6.5% to 6.4%. However, inflation remains higher than expected, causing concern among investors that the U.S. central bank will continue to hike the benchmark federal funds rate…

Bitcoin price returns to $22K despite 'least volatile' US CPI reaction

[Feb 14, 2023 9:16 AM] Five-day highs for BTC price come within a narrow trading range as U.S. inflation broadly conforms to expectations.

Bitcoin price targets range from $19K to $25K as CPI day dawns

[Feb 14, 2023 3:44 AM] It's all about macroeconomic data this Valentine's Day as Bitcoin bulls face a test from a familiar source.

Bitcoin flirts with bid liquidity as BTC price nears new 3-week lows

[Feb 13, 2023 9:03 AM] Bitcoin bulls struggle to influence the trend as CPI nerves combine with already weak low-timeframe performance.

First weekly death cross ever — 5 things to know in Bitcoin this week

[Feb 13, 2023 2:48 AM] Bitcoin price action is making history this week, but for all the wrong reasons, as the 2022 bear market still haunts the charts.

Monetary policy: Definition, types and tools

[Feb 12, 2023 8:00 AM] Monetary policy refers to the actions taken by a central bank to manage the money supply and interest rates in an economy.

Bitcoin price eyes $22K rebound with BTC market structure 'not yet broken'

[Feb 12, 2023 4:50 AM] Crypto sentiment is "hysterical" with Bitcoin under $22,000, but no major trend lines have been lost yet, one analyst argues.

Bitcoin bulls stumble at $23.4K as Fed's 'disinflation' sparks BTC price rally

[Feb 8, 2023 3:42 AM] Bitcoin price action returns to tackle familiar resistance, with bulls so far failing to make fresh inroads toward $25,000.

Nouriel ‘Dr. Doom’ Roubini Warns About Demise of US Dollar

[Feb 8, 2023 1:30 AM] Nouriel Roubini, an economist known as “Dr. Doom,” has warned about the demise of the U.S. dollar and the rise of a “bipolar” world. Roubini believes that the Chinese renminbi might be a substitute for the dollar, as new…

Central Bank of Argentina to Issue New 2,000 Peso Bill as Inflation Keeps Rising

[Feb 7, 2023 12:30 AM] The Central Bank of Argentina has announced the issuance of a new 2,000 peso bill, aimed at easing the burden of using cash for payments in the country. The bill, which will have a value of a little more than $5 ‘blue’ dollars (the…

Is BTC price about to retest $20K? 5 things to know in Bitcoin this week

[Feb 6, 2023 2:39 AM] Bitcoin looks like it is treading on thin ice as February fails to match the gains of last month.

Sri Lanka against Bitcoin adoption, rejects Draper’s anti-corruption pitch

[Feb 4, 2023 4:03 AM] Central bank Governor Nandalal Weerasinghe believes that adopting decentralized cryptocurrencies would worsen the country’s economic situation.

Fiat is in 'jeopardy' but Bitcoin, stablecoins aren't the answer either: Ray Dalio

[Feb 2, 2023 7:20 PM] The hedge fund manager instead wants to see an “inflation-linked coin” be brought to the masses which would serve to ensure consumers secure their buying power.

Crypto market cap jumps $40B as Fed chair Powell hints at 'disinflation'

[Feb 1, 2023 6:53 PM] While the rate increase was expected by the markets and Powell indicating more increases will come, the market seems to have reacted positively to the latest FOMC speech.

FED To Put Off Interest Rate Hikes, Bitcoin Rallies: Here’s Why

[Feb 1, 2023 3:26 PM] Bitcoin is shaking off sellers of January 30, price action on late February 1 shows. The FED Raises Interest Rates The spark in BTC demand is because of Federal Reserve (FED) Chair Jerome Powell’s comments on the general economy and the central…

Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell 

[Feb 1, 2023 2:30 PM] The U.S. Federal Reserve raised its benchmark federal funds rate by 0.25% on Wednesday after markets priced in near 100% certainty the Federal Open Market Committee (FOMC) would codify the quarter-point increase. The FOMC statement further detailed…

Bitcoin awaits Fed Powell speech as sellers cement $23.5K resistance

[Feb 1, 2023 9:23 AM] Bitcoin trades sideways at the Wall Street open as all eyes are on the Fed and Chair Jerome Powell.

Bitcoin meets FOMC after 39% January gains with Fed path 'uncertain'

[Feb 1, 2023 4:21 AM] The second best January on record for BTC price action comes face-to-face with differing opinions on U.S. economic policy.

Why It Could Be Disastrous For Crypto If The Fed Raises Interest Rates By 50 BPS

[Jan 31, 2023 5:00 PM] The crypto and legacy markets could see a spike in volatility in a few hours. Jeremy Siegel, the Wharton School of Business Professor, told CNBC’s ‘Closing Bell: Overtime’ that “it will be a disaster” if the United…