Recent report from the Personal Consumption Expenditures (PCE), reveals a slight upsurge in inflation in the United States. The cryptocurrency market has reacted negatively to the new development as the…
Browsing: Inflation
Milei argues that Bitcoin can compete with other currencies, which is good because it is the return of private money. Meanwhile, a recent presidential poll by Synopsis, a political consultancy…
BTC price saw a surge to over $16,900 on the back of a less-expected-expected increase in U.S. producer prices. Other assets including stocks and altcoins also surged on the release…
Flatlines in ETH price and a drop in Ethereum’s daily active addresses raises fears of a possible decline ahead. ETH’s downside target comes around 40 percent lower than the current…
Several economic health indicators hint at a possible recession globally (including in the US). Indicators can’t accurately predict when a major recession will happen, but will this recession affect crypto…
European Central Bank president says Bitcoin is worth nothing. Many users will turn to privacy coins when CBDCs become mainstream. In a recent statement, Christine Lagarde (the head of the…
In a report entitled “Global Cryptocurrencies and Digital Assets”, it was mentioned that Bitcoin has been functioning as a risk asset since July 2021. The report, however, recognized that Bitcoin…
According to the chairman of the Federal Reserve, Jerome Powell, the ongoing inflation could last more than anticipated. Members of the Fed’s rate-setting committee has increased their annual prediction on…
According to a current report, inflation in the US has surged to its highest since 2008. The Core Price Index which excludes food and energy also hit its highest since…