3 / 19 Relevant items tagged with #Inflation

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Elon Musk Warns US Laws and Regulations Will Worsen Every Year Without Major Reform

[Sep 13 2:30 AM] Tesla and Spacex CEO Elon Musk has warned that without substantial government reform, laws and regulations will worsen annually, potentially stifling major initiatives. He has reiterated his call for significant U.S. government changes and agreed…

Turkey’s $200 limit on cash payments: What does it mean for crypto?

[Sep 12 1:17 PM] Should the Turkish government pass new amendments, all cash payments above $205 would be subject to fines of 10%.

Does Bitcoin’s negative funding rate signal that bears are in total control?

[Sep 11 8:28 PM] Bitcoin’s perpetual funding rate shows lack of confidence from bulls, but options markets are displaying resilience.

Bitcoin Tumbles Following Higher Than Anticipated US Core Inflation Data

[Sep 11 4:09 PM] The higher-than-anticipated US core Consumer Price Index (CPI) reading was followed by a decline in Bitcoin (BTC) price as it tumbled almost 1.5% to $56,168 at press time. US Headline CPI Matches Forecast, Core CPI Exceeds It US headline CPI, the…

Calm Markets: Stocks, Crypto, and Gold Show Little Movement Post CPI

[Sep 11 2:10 PM] The latest consumer price index (CPI) from the U.S. Bureau of Labor Statistics shows that inflation cooled to 2.5% in August, marking the slowest rate since 2021. Meanwhile, core CPI, which strips out the fluctuating food and energy sectors, posted…

U.S. Core Inflation Rose 0.3% in August, Faster Than Anticipated

[Sep 11 12:42 PM] Prior to this report, the Fed was widely expected to trim its benchmark lending rate by 25 basis points at its policy meeting next week.

Bitcoin price shows strength above its recent lows — Here is why

[Sep 9 7:07 PM] A stock market recovery, investors' anticipation of upcoming US inflation data and risks to the US dollar dominance are fuelling Bitcoin’s recent price gains.

Crypto products post $726M outflows amid rate cut uncertainty

[Sep 9 1:13 PM] CoinShares expects that a 50 basis point cut is more likely if inflation comes in below expectations in the upcoming inflation report on Sept. 10.

UBS: European Real Estate Markets Enter New Cycle

[Sep 8 2:30 AM] UBS reported on Thursday that European real estate markets appear to be entering a new investment cycle, with key indicators pointing to stabilization. “A new cycle starts,” the report said, as investment volumes show signs of bottoming…

Venezuelan Opposition Leader Proposes Establishing a Bitcoin Reserve

[Sep 7 8:35 PM] Maria Corina Machado, head of the political coalition that contests the victory of Nicolas Maduro in Venezuela, has proposed establishing a bitcoin reserve for the country. Machado stated that bitcoin represented a lifeline for many Venezuelans…

Recession Concerns Ignite Amid US Economic Slowdown and Market Volatility

[Sep 7 7:05 PM] In recent weeks, both economists and technical indicators have hinted that the U.S. may be on the brink of a recession, causing anxiety to ripple through the markets. Meanwhile, over on X, the topic of recession is gaining more traction by the day…

US companies forecast to buy $10.3B in Bitcoin over next 18 months — Report

[Sep 6 6:12 PM] The report claimed, a cash treasury “supplemented with a 3% allocation to Bitcoin” would have shielded companies from inflation since 2020.

Elon Musk Can’t Wait to Reform US Government Spending and Regulations

[Sep 4 12:30 AM] Tesla CEO Elon Musk has expressed his eagerness to tackle excessive waste and regulations in the U.S. government, responding to a report that former President Trump is considering him for a role in auditing federal agencies. Musk emphasized the…

Arthur Hayes explains why Fed rate cuts aren’t helping Bitcoin

[Sep 3 5:38 AM] The flow of money has gone from treasury bills into higher-yielding reverse repos, according to the former BitMEX boss. 

​​​​Trump’s platform favors crypto, but what about his inflationary policies?

[Sep 2 10:00 PM] Crypto single-issue voters back Trump in pursuit of deregulating the US crypto industry and probably boosting their wallets, but do they grasp the broader economic policies at stake?

Crypto products hit with $305M outflow amid strong US economic data

[Sep 2 11:00 AM] CoinShares expects that crypto investment products will become “increasingly sensitive” to interest rate expectations in September.

Government Overspending Puts US in the ‘Fast Lane to Bankruptcy,’ According to Elon Musk

[Sep 2 2:30 AM] In recent times, Elon Musk, the owner of X and the CEO and product architect at Tesla, Inc., has been voicing his concerns about inflation. This discussion became especially prominent after he interviewed former U.S. President Donald Trump. Just…

Russian Economy Sees Growth Despite Western Sanctions and Declining Imports

[Sep 2 1:30 AM] The Russian economy has experienced substantial growth across various sectors, with unemployment rates remaining historically low, despite ongoing Western sanctions related to the Ukraine conflict. Industrial production, driven by military…

Arthur Hayes Predicts Bitcoin Boom as Central Banks Cut Interest Rates

[Sep 1 12:30 AM] Bitmex co-founder Arthur Hayes is optimistic about bitcoin’s future, citing recent interest rate cuts by central banks. He believes further rate cuts by the U.S. Federal Reserve, Bank of England, and European Central Bank could expand the…

Bitso Report Shows Argentines Leading Stablecoin Adoption in Latam

[Aug 30 10:10 PM] A recent report by Bitso, one of the largest crypto exchanges in Latin America, found that Argentines were especially inclined to use and purchase stablecoins over other cryptocurrencies. Six out of every ten cryptocurrency purchases in Argentina…

Peter Schiff Warns of Looming US Dollar Crisis and Economic Collapse

[Aug 25 12:30 AM] Economist and gold advocate Peter Schiff has cautioned about the U.S. dollar index falling substantially, “triggering a U.S. dollar crisis, crashing the economy, and sending consumer prices and long-term interest rates soaring.” Schiff…

Fed Chair Powell Signals Confidence in Inflation Control, Hints at Rate Cuts

[Aug 23 5:16 PM] Federal Reserve Chair Jerome Powell expressed confidence in the central bank’s progress in reducing inflation, suggesting that rate cuts may be on the horizon. Speaking at the Jackson Hole economic symposium, Powell emphasized the Fed’s…

Bitcoin price taps $62K sell wall as analyst sees 'up only' for crypto

[Aug 23 2:56 PM] Bitcoin bulls charge into key BTC price resistance as the US Federal Reserve gives a clear signal over interest rate cuts.

UBS Urges Caution Despite Positive US Economic Data

[Aug 18 6:30 PM] UBS reported on Friday that U.S. stocks extended their rally as new economic data, including a 1% rise in July retail sales, eased concerns about a potential recession. Despite the encouraging consumer resilience, UBS cautioned that the risk of a…

Peter Schiff Urges the Fed to Raise Rates and Let Markets Crash

[Aug 17 10:30 PM] Economist and gold advocate Peter Schiff has recommended that the Federal Reserve raise interest rates instead of cutting them, even if it leads to a market crash. He acknowledged that this approach would likely cause stocks and real estate to…

Milton Friedman on Inflation: A Government-Made Disaster 

[Aug 17 9:30 PM] Inflation is not a natural phenomenon but a consequence of government actions. Milton Friedman famously argued that only the government can create inflation, and misguided policies, like price controls, worsen the problem. Friedman Famously Said…

Gold’s Bull Run Inspires Bitcoin Forecasts: Insights From Fred Krueger and Jack Mallers

[Aug 17 5:30 PM] Gold has been on an impressive streak in recent times, hinting at underlying economic worries, according to bitcoin proponent Fred Krueger’s latest analysis. He speculates that bitcoin might soon follow a similar trajectory, fueled by…

Pierre Poilievre Backs Bill to Ban Central Bank Digital Currency in Canada

[Aug 16 2:30 AM] Pierre Poilievre, leader of Canada’s Conservative Party, backs a bill that seeks to ban central bank digital currency (CBDC) in Canada. He argues that a CBDC would give the government excessive control over finances, threatening privacy and…

Food Price Controls in America? Kamala Harris’s Controversial 2024 Strategy Unveiled

[Aug 15 8:05 PM] Vice President Kamala Harris, according to several reports, has outlined one of her key economic strategies if she wins the presidency in 2024—price controls. Her campaign is advocating for what they describe as the “first-ever federal…

Bitcoin falls under $60K as investors' global economic slowdown concerns rise

[Aug 14 6:40 PM] Fear of a global economic recession continues to drive investors away from risk-on assets like Bitcoin.