16 / 20 Relevant items tagged with #inflation

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Federal Reserve Hikes Rate by 25bps to Keep Inflation at Bay, Aims for 2% Inflation Rate by 2025

[Mar 22, 2023 1:05 PM] Following the fallout over the past two weeks in the U.S. banking industry, the Federal Reserve raised the federal funds rate by 25 basis points (bps) on Wednesday, citing the need for the inflation rate to return to 2% over the long run. Fed…

Bitcoin $30K bets greet FOMC as analyst warns over long liquidations

[Mar 22, 2023 3:08 AM] Bitcoin may celebrate no matter what the Fed decides on interest rates, but the extent of longs that would be liquidated below $20,000 has one analyst worried.

Central Bank of Venezuela Lags in Delivering Economic Data, Experts Fear Upcoming Hyperinflation

[Mar 22, 2023 2:30 AM] The Central Bank of Venezuela is lagging when it comes to delivering economic data this year, failing to publish the inflation numbers for the last four months. Venezuelan economists believe this delay might mean that the country is starting to…

Does Bitcoin’s Rally Vindicate the ‘Inflation Hedge’ Thesis – or Is Risk Back on the Menu?

[Mar 21, 2023 10:33 AM]

White House Says Biden Has ‘Confidence’ in Fed Chair Powell While Fedwatch Tool Predicts a 25bps Hike This Week

[Mar 21, 2023 7:39 AM] With the Federal Open Market Committee convening on Wednesday and the recent financial troubles facing the U.S. banking system, White House press secretary Karine Jean-Pierre said President Joe Biden has “confidence” in Federal Reserve…

Holding Bitcoin: A profitable affair 88.5% of days

[Mar 21, 2023 3:08 AM] Bitcoin’s historical price performance confirms that a hard limit on total supply and seamless global usability is critical to becoming a store of value.

Will the Fed stop rate hikes? 5 things to know in Bitcoin this week

[Mar 20, 2023 4:13 AM] Bitcoin targets $30,000 as a new week of macro surprises gets going — what might happen next?

Analysts Suspect Banking Crisis Triggered ‘Resting Bull Market’ in Gold, Silver Could Print Much Higher Gains

[Mar 18, 2023 12:30 PM] At the start of the week, a troy ounce of .999 fine gold was trading at $1,813 per unit. Seven days later, gold rose 9.65% against the U.S. dollar to the current spot price of $1,988 per ounce. Gold’s rise comes at a time when confidence in…

Arbitrum Launches Native Governance Token ARB and Self-Executing DAO Governance Model

[Mar 16, 2023 11:30 PM] The Ethereum layer two (L2) scaling solution Arbitrum has launched a native governance token named ARB and a self-executing decentralized autonomous organization (DAO) governance model. The ARB token will have an initial supply of 10 billion, and…

Argentina Registers 6.6% CPI in February; Inflation Numbers Blast Past 100% YoY for First Time Since the 90s

[Mar 16, 2023 9:30 PM] The National Institute of Statistics and Census of Argentina released February’s numbers for the consumer price index (CPI), registering an increase of 6.6%, a consequence of the rises in prices of food and beverages principally. The number…

European Commissioner Says Impact of SVB Collapse ‘Limited’ as Credit Suisse Drags Down Banking Stocks

[Mar 16, 2023 6:00 PM] Silicon Valley Bank’s (SVB) collapse has had a “limited impact” on the European Union but authorities must still “stay alert” to events as they unfold, European Commissioner Mairead McGuinness has said. Despite…

As The U.S. Sees Its Second-Biggest Banking Collapse Ever, Bitcoin Is Just Becoming Stronger

[Mar 16, 2023 8:45 AM] As the U.S. witnessed one of the largest banking collapses in its history, Bitcoin is being innovated upon and seeing its network grow. This is an opinion editorial by Carlos Cardenas, an institutional account manager who has worked at legacy banks…

Paxful Founder Says The Bitcoin Pump To $26,000 Is Weak

[Mar 15, 2023 5:50 AM] Despite the banking crisis in the United States and the latest inflation data, Bitcoin surged this week, reaching a nine-month high above $26,000. However, Paxful founder, Ray Youssef, remains doubtful of the uptrend. In a tweet on March 15, he…

Moody’s Downgrades US Banking Sector to Negative After Collapse of Three Major Banks

[Mar 14, 2023 3:30 PM] After the failure of three major U.S. banks last week, with two of them being the second and third largest banking failures in the country, Moody’s Investors Service has downgraded the rating of the U.S. banking system from…

The Latest Banking Crisis Is Why I Save In Bitcoin

[Mar 14, 2023 1:12 PM] The collapse of Silicon Valley Bank has highlighted just how fragile the legacy financial system is. This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before…

US Inflation Data Eases Concerns; Crypto Economy Jumps 11% Higher While Market Analysts Anticipate Fed’s Next Decision

[Mar 14, 2023 11:30 AM] The U.S. Labor Department released the consumer price index (CPI) report on Tuesday. Although inflation increased in February year-over-year, the rise was expected, and the annual inflation rate for all items was 6%. The cooling inflation has eased…

Bitcoin price sees new 2023 high as CPI sends BTC price above $26K

[Mar 14, 2023 6:57 AM] Bitcoin sees a major new lift-off thanks to CPI numbers conforming to expectations — reducing the chances of the Fed tightening financial conditions.

Bitcoin price nears $25K as analysts place bets on CPI impact

[Mar 14, 2023 1:20 AM] Bitcoin lines up a fresh charge at multimonth resistance, but BTC price action already faces calls for a comedown triggered by CPI.

Silicon Valley Bank Falls – Will US Interest Rates Drop To 3.75%?

[Mar 12, 2023 10:44 AM] In a recent CNBC interview, Larry McDonald, the author of “The Bear Traps Report,” believes that the current turmoil in the financial markets may prompt a sharp reversal from the Federal Reserve’s aggressive monetary tightening…

$920B is the number to watch now that crypto’s trillion dollar total market cap is gone

[Mar 10, 2023 4:05 PM] The crypto market is taking a walloping, and there are three important reasons why BTC’s $380 billion valuation is a key support for the entire market.

Expert Warns of Possible Deflationary Depression as Money Supply Contracts: ‘Pay Attention to QT and the Money Supply’

[Mar 9, 2023 1:30 PM] During the Covid-19 pandemic, central banks such as the U.S. Federal Reserve loosened fiscal and monetary policy. Now, these same financial institutions are seemingly engaging in quantitative tightening (QT) practices. According to Nick Gerli, CEO…

Fed signals a sharp rate hike in March due to inflation — Here's how Bitcoin traders can prepare

[Mar 8, 2023 12:01 PM] The U.S. Federal Reserve is set to roll out a fresh interest rate hike on March 22, and options traders could use this risk-averse strategy to generate profits.

It’s not the end of crypto: EU asset manager gives 5 reasons why

[Mar 8, 2023 7:49 AM] Despite Bitcoin failing as an inflation hedge in 2022 and 2021, its limited supply may still attract more attention if inflation remains above the central banks’ targets.

Like Venezuela, Some Retailers in Argentina Are Now Pricing Items in Dollars

[Mar 8, 2023 6:30 AM] Some retailers in Argentina are already pricing imported items in U.S. dollars, according to reports from local news outlets. The idea behind this would be to keep prices stable and avoid repricing articles each day, a practice that has already…

Ethereum price action and derivatives data confirm bears are currently in control

[Mar 7, 2023 3:00 PM] Investors are unwilling to add long positions, as the Shanghai fork is expected to unlock a significant amount of ETH over a short period.

Bitcoin traders eye $19K BTC price bottom, warn of 'hot' February CPI

[Mar 6, 2023 9:47 AM] It could be a testing few weeks for Bitcoin and risk assets, market commentators say, with Fed Chair Jerome Powell due to kick off the triggers on March 8.

BTC price 'in the chop zone' — 5 things to know in Bitcoin this week

[Mar 6, 2023 3:47 AM] BTC price keeps traders and analysts in the dark as a week of macro triggers dawns, while Bitcoin network fundamentals plan new all-time highs.

Latam Countries Prepare Regional Agreement to Counter Rampant Inflation

[Mar 4, 2023 5:30 AM] A group of countries in Latam is preparing a regional agreement to address inflation, a problem common to most nations in the region. The initiative, which is being spearheaded by Mexican president Andres Lopez Obrador, would allow the exchange of…

Bitcoin price would retest $25K without Silvergate saga — analysis

[Mar 4, 2023 4:18 AM] Strong U.S. equities and a floundering dollar normally serve to boost BTC price action — but Silvergate is the elephant in the room.

Bitcoin price stumbles amid investors’ aversion to risk assets, but there is a silver lining

[Mar 3, 2023 11:00 AM] Market analyst Charles Edwards says that while there are good reasons to exercise caution, investors’ risk off sentiments and expectation of a recession could be overblown.