2024-5-31 13:58 |
Crypto markets are expected to remain shaky ahead of Friday’s U.S. inflation data release, one trading desk said. origin »
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Quick Take The recently released U. S. inflation data portrays a compelling story. The headline inflation Year-over-Year (YoY) for October was expected to be 3. 3%, while it actually recorded a slightly slower pace at 3.
2023-11-14 16:42 | |
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Quick Take The US Consumer Price Index (CPI) inflation data released today, Sept. 13, marked an uptick, outstripping the consensus forecast at 3. 7%, a slight deviation from the predicted 3. 6%. This unexpected surge in inflation underscores a potent macroeconomic environment with an escalating cost of living.
2023-9-13 15:38 | |
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The headline consumer price index dropped to 4. 0% in May. The data came as the FOMC prepares to conduct its June meeting. Economists expect that the bank will leave interest rates unchanged. Altcoin prices jumped on Tuesday after the US published encouraging consumer inflation data.
2023-6-13 15:59 | |
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The current US inflation data has thrown a great tantrum and panic within several market sectors. Different expectations and reactions are surfacing following reports of the inflation data. It seems to be a fact that even the crypto space now receives impacts from inflations and other macroeconomic factors.
2022-7-15 19:00 | |
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The U. S. economy is looking stagnant according to data stemming from the Bureau of Economic Analysis, as core personal consumption expenditures (PCE) jumped 3. 4% in May from a year prior. The recent PCE spike is the highest year-over-year basis change since 1992 and the statistic is fueling inflation concerns.
2021-6-28 16:30 | |
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Data on Friday showed core personal consumption expenditure in the US surged to 3.42% year-over-year for the first time since 1991.
2021-6-25 19:13 | |
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API3, a provider of decentrally governed and quantifiably secure data feeds that power Web 3. 0 apps without employing third-party intermediaries, announced today its newest partnership with Hedge Against Inflation (HAI) DAMO (Decentralized Asset Management Organisation).
2021-6-24 06:21 | |
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Hedge fund manager Paul Tudor was a guest on CNBC’s “Squawk on the Street” segment Monday morning with plenty to talk about, including meme stocks, how Bitcoin fits in with his stock portfolio, and his take on the latest inflation data.
2021-6-15 20:23 | |
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The balance sheet of the Federal Reserve has topped $8 trillion for the first time, according to the weekly data published by the US central bank on its holdings. At $8 trillion, the Fed’s assets have about doubled since it started large-scale purchases in March 2020 to combat the effect of the coronavirus pandemic.
2021-6-11 16:05 | |
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Bitcoin (BTC/USD) price bounced back on Wednesday after the El Salvador parliament voted to make the cryptocurrency a legal tender. The coin rose to $34,300, which was about 11% above its lowest level on Tuesday.
2021-6-9 14:02 | |
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Matt Hougan, CIO at Bitwise Asset Management, discussed in a CNBC interview about the use of cryptocurrencies as a hedge against inflation. Per the latest data released by the Bureau of Labor Statistics yesterday, the consumer price index (CPI), increased by 4.
2021-5-14 18:11 | |
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Key Bitcoin Price Outlook The bitcoin price briefly surged above $61,000 on Tuesday. The climb surfaced as a part of an upside weekly session, as traders’ appetite for safe-havens surged ahead of key US inflation data.
2021-4-14 10:41 | |
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Key Bitcoin Takeaways Bitcoin flirts with $60,000 for a breakout move. The cryptocurrency is trending inside a classically bullish ‘Ascending Triangle’ pattern. Coinbase’s listing on Nasdaq, US inflation data update this week promises further upside.
2021-4-12 08:51 | |
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The U. S. Consumer Price Index (CPI) for February 2021 rose 0. 4 percent in February 2021 on a seasonally adjusted basis after adding 0. 3 percent in January, data from the U. S. Bureau of Labor Statistics on Mar 10 shows.
2021-3-11 02:00 | |
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Bitcoin went through an aggressive short-covering move from its week-to-date low and rallied by up to around 13.24 percent, breaking above $55,000 on Wednesday.
2021-3-10 11:25 | |
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The crypto community was ablaze with joy after news broke regarding Square’s decision to buy Bitcoin to hold as a reserve asset This decision came about just months after MicroStrategy made a similar choice, albeit on a larger scale If this trend gains steam as the dollar continues seeing unprecedented inflation, it could be a catalyst for massive BTC upside The significance of this should not be understated, but data seems to indicate that Square […]
2020-10-10 02:00 | |
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Bitcoin expects to undergo a significant rally as a top economist predicts an inflation bias after 12-18 months. The analogy comes after demand for inflation-protected bonds spike in the US, showing investors expect consumer prices to increase in the future.
2020-7-17 09:16 | |
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Bitcoin’s status as a “safe haven asset” has grown in recent times due to its performance against a backdrop of global uncertainty This narrative has also been bolstered by the massive amounts of money printing and inflation seen throughout the globe The recent halving event shined a spotlight on Bitcoin’s deflationary structure and fixed supply All these factors appear to have built up the public’s trust in the benchmark cryptocurrency New data shows that the […]
2020-6-25 02:00 | |
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Argentina is experiencing extremely high levels of inflation with the value of its money down by 50%. Bitcoin’s price in pesos brings to life this reality, with peer to peer... The post Bitcoin Data Reveals Inflation Getting Out of Hand in Argentina appeared first on Trustnodes.
2020-6-20 13:01 | |
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According to data research firm Messari, Ripple’s selloff causes inflation to hit 20% — five times that of Bitcoin, inflicting downward price pressure.
2020-5-29 10:35 | |
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Data shows that the volume of BTC transactions on the over-the-counter peer-to-peer marketplace, LocalBitcoins, has increased dramatically in countries suffering from high inflation rates. While the numbers are not quite as high as some of the most popular cryptocurrency markets in some of the larger developed nations like the United States, for example, trading volume […] The post Bitcoin Trading Volumes Soar in Venezuela and Other Inflation Stricken Countries appeared first on BeInCrypto.
2020-1-4 05:15 | |
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The Dow’s losses accelerated on Thursday as the month’s final trading session matured. A series of reports hinted at a darkening outlook for US-China trade negotiations, with one suggesting that Beijing no longer expects to sign a comprehensive agreement with President Trump.
2019-11-1 16:41 | |
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The dire economic situation in Venezuela continues to drive its inhabitants to use more and more Bitcoin. Last week, the country has achieved a new all-time high trading volume and has traded more bolivars, the local fiat currency, for Bitcoin than ever before.
2019-7-24 00:05 | |
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By CCN: The Dow and broader U. S. stock market were under pressure Friday morning after the Trump administration raised tariffs on $200 billion worth of Chinese goods, setting the stage for a prolonged and potentially damaging trade war with Beijing.
2019-5-11 23:05 | |
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A series of op eds by Kyle Torpey addressing some of the oft-repeated arguments against BitcoinBitcoin’s core value proposition is that it is an uncontrolled, apolitical money.
2019-4-30 20:16 | |
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The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology.
2019-3-29 16:26 | |
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AhrvoDEEX is a peer-to-peer decentralized equity exchange that enables profitable trading by using multifactor ranking systems and deep learning algorithms that create smart equity scores and price targets to streamline the decision-making process.
2019-3-28 21:33 | |
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Another warning light is blinking on the dashboard of the US economy. This time it is the inflation-tied Consumer Price Index (CPI) which has the bears scurrying for their bomb shelters. David Rosenberg, a so-called perma-bear, was filling Twitter feeds with his unique brand of doom and gloom for the Dow Jones and wider US stock market.
2019-3-13 21:13 | |
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Whilst debate raged throughout the Bitcoin community over whether the block size limit should be increased and how, Luke-jr for years stood out for arguing the exact opposite position.
2019-2-15 19:18 | |
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If you look at the latest activity on Localbitcoins, there has been a large spike in recent days from both Argentina and Venezuela buying bitcoins. Both these troubled Latin American countries have displayed a steady increase in buying cryptocurrency due to rising inflation and troubled economies.
2018-12-10 21:00 | |
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Having met the U. S. Securities and Exchange Commission (SEC) in August 2018, officials of VanEck, SolidX and Cboe BZX Exchange have met with the Commission again, in the latest attempt to convince the regulator to approve the nation's first bitcoin exchange-traded fund (ETF), according to an official presentation submitted to the SEC.
2018-12-1 01:17 | |
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Digital currency is being adopted in several nations fighting economic distress as a means to avoid inflation. In fact, crypto evangelists cite examples of African communities and countries like Venezuela to describe how digital coins could provide security from central banks’ policies and subsequent inflation in times of crisis.
2018-9-13 14:11 | |
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Cryptocurrency is often floated as a failsafe for floundering economies. When faced with economic instability, blockchain evangelists are often quick to prescribe Bitcoin (or some other altcoin) as a means of alleviating hyperinflation by being more stable than the local currency.
2018-9-11 19:40 | |
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On 4th August, CoinMarketCap, the online cryptocurrency portal for cryptocurrency market ranking, charts and other related information, faced a data error that resulted in artificial inflation of many cryptocurrencies on its chart.
2018-8-5 07:06 | |
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Happy Friday the 13th!! If you live and work in the United States and didn’t get a raise of 2. 9% this year, you’re actually making less than you did last year. The CPI data released yesterday showed a rather nasty increase bringing the rate of inflation to just under 3%.
2018-7-14 12:00 | |
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Currently trading at $195. 72, Solana (SOL) has seen an amazing increase—up 1. 38% in the past 24 hours and 30. 8% over the past three months. Solana is expected to keep its momentum in 2025; however, Rexas Finance (RXS), a fast-rising altcoin under $0.
Grayscale's focus on emerging tokens highlights shifting market dynamics, emphasizing decentralized AI and Solana's growing influence in 2025. The post Grayscale lists HYPE, VIRTUAL, ENA, JUP among high potential tokens for Q1 2025 appeared first on Crypto Briefing.
ProShares' Bitcoin-denominated ETFs could accelerate crypto integration in traditional finance, influencing investment strategies and market dynamics. The post ProShares seeks SEC approval for Bitcoin-denominated ETFs tracking S&P 500, Nasdaq-100, and gold appeared first on Crypto Briefing.
The rise of scam ads on Google highlights the urgent need for enhanced digital security measures to protect users from sophisticated phishing attacks. The post Scam ads targeting Usual Protocol emerge on Google appeared first on Crypto Briefing.
Bitget announces a $5B BGB token burn, doubling its price in a week, reducing supply, and implementing quarterly burns from 2025. The post Bitget unveils $5B BGB token burn as price jumps 100% in a week appeared first on Crypto Briefing.
The rise in social media account hacks for crypto scams highlights the urgent need for enhanced cybersecurity measures and user awareness. The post Threat actor steals half a million via 15 compromised X accounts: ZachXBT appeared first on Crypto Briefing.
Ripple donates $5M in XRP to Trump’s inauguration fund, alongside major crypto firms, signaling growing political influence of the industry. The post Ripple to Donate $5 Million in XRP to Trump’s Inauguration in January appeared first on BeInCrypto.