Bài đăng

Hiển thị các bài đăng có nhãn inflation

Crypto Faces Liquidity Endgame—Debt And Inflation Risks Mount By 2026

Hình ảnh
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

AI predicts Bitcoin price for February 1, 2025

Hình ảnh
In January 2025, the cryptocurrency market proved it can still move just as fast as it did in the final quarter of 2024 and as in the most dynamic periods in its history. Bitcoin (BTC) underwent a remarkable journey since the year started as it hit lows just under $90,000 as recently as January 13 only to recover toward new all-time highs (ATH) above $108,000 on January 20.  By press time, BTC is 14.40% in the green year-to-date (YTD) and is changing hands at $107,378. Picks for you R. Kiyosaki breaks down Trump coin—Should you buy? 28 mins ago 2 cryptocurrencies to reach $50 billion market cap in Q1 2025 17 hours ago Mining expert pre...

Oklahoma senator files Bitcoin Freedom Act enabling wages in BTC

The Bitcoin Freedom Act lets Oklahomans accept their wages in Bitcoin Oklahoma State Senator Deevers said Washington is “ruining the US dollar” The Bitcoin Freedom Act is eligible for consideration in the 60th legislative session beginning on February 3 Oklahoma State Senator Dusty Deevers has filed legislation allowing employees to receive wages in Bitcoin and businesses to accept Bitcoin payments. Introducing the Bitcoin Freedom Act, Deevers said: “In a time when inflation is eroding the purchasing power of hard-working Oklahomans, Bitcoin provides a unique opportunity to protect earnings and investments.” Deevers continued: “As Bitcoin continues to rise and the value of the dollar continues to be printed away in Washington D.C., Oklahoma must act to protect our people.” The bill, known as SB325, states under section 4 that: “Any employee of this state, business, corporation, other entity, and resident of this sta...

Two second-layer Ethereum tokens to avoid amid massive unlocks

Hình ảnh
The Ethereum (ETH) ecosystem comprises dozens of second-layer blockchains (L2s), each regularly unlocking millions of dollars of their native tokens. These massive unlocks create significant selling pressure, potentially leading to price loss over time as private investors dump on retail. This week, two popular Ethereum L2s will unlock nearly $100 million worth of tokens, according to retrieved data from TokenUnlocksApp . In particular, Arbitrum (ARB) and Starknet (STRK) will be responsible for $74.69 million of the $116.86 million released from 13 cryptocurrencies in the seven days starting September 14. These events will represent a circulating supply inflation of 2.7% and 3.6% for ARB and STRK, respectively. Picks for you Gold or Bitcoin? Robert Kiyosaki puts an end to the debate 1 hour ago ...

Argentina's inflation rises to 143%

Hình ảnh
According to the latest statistics, as the world continues to fend off global inflation , inflation in Argentina is soaring, rising 143%. The country’s economic state is in a crisis, rising to the highest level of inflation in over 30 years. On top of this, Argentina has an upcoming election that will dictate the future of its government and potential economic decisions. JUST IN: 🇦🇷 Argentina's inflation rises to 143%. — Watcher.Guru (@WatcherGuru) November 13, 2023 Consumer prices rose 8.3% in October on a monthly basis in Argentina. In addition, annual inflation accelerated to 142.7%, in comparison to last year. Official government data published Monday shows that despite the large number, this was still below projections. Argentines will choose their next president on Nov. 19 in a runoff vote between Economy Minister Sergio Massa and libertarian outsider Javier Milei. Whoever is elected as the next president of Argentina, their bigges...

Jefferies: Bitcoin is a ‘critical hedge’ against inflation, belongs in same bag as gold

Recently, Bitcoin (BTC) has garnered growing support from traditional financial institutions that see the asset as a potential hedge against inflation and an investment opportunity. The backing has emerged as Bitcoin attempts to find a spark that will trigger the next bull run.  In line with this trend, Jefferies, a leading global investment firm, is the latest entity to endorse Bitcoin as a “ critical hedge ” against potential monetary policies that might devalue fiat currencies and lead to a resurgence of inflation . In a note to investors on Wednesday, October 4, the firm emphasized that Bitcoin’s unique qualities place it in the same league as gold as a dependable defense against inflation. Christopher Wood, the Global Head of Equity Strategy at Jefferies, cautioned that major G7 central banks, with the Federal Reserve at the forefront, may struggle to smoothly exit from unconventional monetary policies. Wood underscored that a failure to exit from these ...

Bitcoin trades with a bullish bias ahead of the US inflation data

Hình ảnh
Financial market participants await the US inflation data Bitcoin shows signs of a possible reversal A falling wedge and a bullish divergence support the case for higher Bitcoin prices Today is important for anyone interested in financial markets and US data. Because the US economy is the largest in the world and the US dollar is the world’s reserve currency, monetary policy is the main driver of financial markets’ volatility. Volatility, or the lack of it, is the one that upsets cryptocurrency traders. Bitcoin went nowhere since it traded above $30k in April, as every rally was sold. But a close look at the traditional currency market reveals that most fiat currencies have traded similarly against the US dollar. Therefore, if anything is going to push the cryptocurrency market’s volatility up, it is going to be the US dollar. Core CPI expected at 0.2% in August Today’s release in the United States is expected to show that the Core...

Bitcoin price data suggests bulls will succeed in holding $30K as support this time

Hình ảnh
Two key Bitcoin price metrics suggest that bulls will be able to hold the $30,000 level as support. Bitcoin (BTC) has been trading above $31,000 after its 24.3% rally between June 15 and June 23, which caught many off guard. For bears, that meant facing $165 million in short futures contract liquidations, but the unexpected rally also brought some degree of discomfort for investors using Bitcoin derivatives. Inflation remains the biggest question mark for traditional markets, a point highlighted by the recent 50-basis-point interest rate increase by the Bank of England, followed by similar moves in Norway and Switzerland, leading to the highest cost of capital in over a decade for the region. In response to questions from lawmakers on the United States House Financial Services Committee on June 21, Federal Reserve Chair Jerome Powell said that “the process of getting inflation back down to 2% has a long way to go” and reiterated that “nearly all FOMC participants expect that it will ...

Why is Ethereum (ETH) price up today?

Hình ảnh
Ethereum's price is up today with most options traders anticipating a run toward $3,500-$4,000 before April 2023. Ethereum's native token, Ether (ETH), rose to three-week highs, rallying in lockstep with the broader  cryptocurrency market, as well as stocks.  ETH price rises to three-week highs On Jan. 9, the ETH's price rose 2.85% to cross above $1,325 for the first time in three weeks, a key level that could pave the token's path toward $1,350 next if its previous price performance is any indication. The crypto market's capitalization gained 2.66%, or $21.18 billion, in the same period.  ETH/USD daily price chart. Source: TradingView Cooling inflation boosts Ethereum price Investors are rushing into riskier Markets on signs of cooling inflation. Notably, on Jan. 6, the U.S. Labor Department's nonfarm payrolls report showed a slowdown in wage increases, which market watchers interpreted as a sign that the Federal Reserve's hawkish policy has brought down...

US inflation falls to 8.2% in September

Hình ảnh
Rising inflation numbers have been well complemented by rising interest rate announcements by most central banks around the world. The hawkish stance of most governments has proven to be burdensome for consumers. The US Bureau of Labor Statistics just released its Consumer Price Index numbers. Inflation for September dropped to 8.2%, the lowest since February this year. BREAKING: 🇺🇸 US inflation falls to 8.2%, the lowest since February 2022. — Watcher.Guru (@WatcherGuru) October 13, 2022 The released numbers will by and large dictate the US Fed’s actions on sticking to aggressive monetary tightening during its upcoming meeting at the beginning of November. Experts believe the central bank will implement another 75 basis point rate hike in the next meeting. The minutes of the latest meeting released a day back noted, “Several participants noted that, particularly in the current highly uncertain global economic and financial env...