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Turkey’s Inflation Rate Surges to 70%, Monthly Rate of Change Now 7.25%
7.5.2022
The latest data from the Turkish Statistical Institute (TSI) shows that rising transportation and food costs were some of the key factors contributing to the surge in the country’s inflation rate to 70%. Economic Revival Efforts Not Bearing Fruit Rising commodity prices and increased...
Inflation Will Create a Political Vacuum. Can Bitcoin Fill It?
6.5.2022
Prices are rising at a time of pervasive distrust in government to fix the problem. That leaves the door open to bitcoin, the ultimate anti-inflation hedge
Peter Schiff Warns Economic Downturn in the US ‘Will Be Much Worse Than the Great Recession’
6.5.2022
Following the Federal Reserve’s rate hike on Wednesday, economist Peter Schiff has had a lot to say since the U.S. central bank raised the benchmark rate by half a percentage point. Schiff further believes we are in a recession and says “it will be much worse than the Great Recession...
Bitcoin Extends Sell-Off Despite Luna Buying, Strong On-Chain Data
6.5.2022
Bitcoin (BTC) and other major cryptoassets fell sharply over the past day, as stock markets around the world reversed earlier gains to losses after the US Federal Reserve (Fed) raised rates by 50 basis points. The sharp fall came despite massive bitcoin buying by Luna Foundation Guard...
Bitcoin Miners Reach the Halfway Point to the Next Block Reward Halving
6.5.2022
On May 5, 2022, at block height 735,000, the bitcoin mining pool Poolin mined the 105,000th block reward since the last halving. The mined block also represents the halfway point to the next halving that is estimated to take place on or around April 27, 2024. Block 735,000 follows the network...
Short-Term Relief Bitcoin Rally Likely After ‘Optimistic’ Powell, Major Bottom Could be Forming – Analysts
5.5.2022
Bitcoin (BTC) and the broader crypto market went into a relief rally over the past day, after an expected 0.5 percentage point rate hike in the US and an “optimistic” outlook from US Federal Reserve (Fed) Chair Jerome Powell. According to one analyst, a major bottom could now be forming...
Billionaire Paul Tudor Jones: ‘It’s Hard Not to Want to Be Long Crypto’
5.5.2022
Billionaire hedge fund manager Paul Tudor Jones expects crypto to have a bright future as the Fed hikes interest rates to fight inflation. The famed investor emphasized, “It’s hard not to want to be long crypto.” Famed Hedge Fund Manager Paul Tudor Jones on Bitcoin, Crypto...
US Central Bank Raises Rates by Half a Percentage Point, Fed’s Powell Says Similar Hikes Are on the Table
4.5.2022
The U.S. Federal Reserve raised the benchmark interest rate on Wednesday and the increase was the biggest rate hike in two decades. “Inflation is much too high,” the central bank’s chair Jerome Powell said after the Fed raised rates by 0.5%. FOMC Decides to Hike Rate by 3/4...
Fed hikes interest rates by 50 basis points in effort to combat inflation
4.5.2022
The May Federal Open Market Committee policy meeting concluded with the largest single rate hike in over two decades
Fed Targets Inflation With Expected Half Point Hike, Will Reduce Assets
4.5.2022
The US Federal Reserve (Fed) raised interest rates by 0.5 percentage points, to 0.75%-1%, in line with what analysts expected and what Fed Chair Jerome Powell has previously communicated. (This is a developing story and is being updated.)...
Read More: Fed Targets Inflation With Expected Half...
Afraid to buy the dip? Bitcoin options provide a safer way to ‘go long’ from $38K
2.5.2022
BTC price continues to trade in a wide range, providing an opportunity for options traders to use the Iron Condor strategy
ETH Network Q1 Revenue Grew 46% to $2.4 Billion, Token Inflation Rate Drops to 0.51%
2.5.2022
The revenues accrued by the Ethereum network rose by 46% from $1.6 billion to $2.4 billion during the first quarter of 2022. Contributing to the growth in the network’s revenues were non-fungible token (NFT) marketplace sales, which rose by more than 19,000% during the period under review....
With an ‘Aggressive’ Fed Rate Hike Expected Next Week, Stocks and Crypto Markets Lose Billions
1.5.2022
Investors will be focused on the U.S. central bank this Wednesday as Federal Reserve policymakers are expected to raise the benchmark interest rate aggressively. The top U.S. stock indexes saw significant losses at the end of the week, and the Nasdaq composite saw its worst four-month starting...
Bitcoin whale holdings at 7-month highs despite warnings of BTC price crash to $20K
29.4.2022
Bitcoin's correlation with stocks has risen to alarming levels, according to some market analysts
US Labor Department on Bitcoin Pensions, Coinbase Intelligence & NFTs + More News
29.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: US Labor Department on Bitcoin Pensions, Coinbase Intelligence & NFTs + More News
Crypto Adoption Continuing in Developing Countries Despite Price Drop
29.4.2022
Despite a challenging backdrop with rising rates and falling stock prices, real-world adoption of crypto is continuing, with developing countries known for depreciating fiat currencies having the highest levels of crypto adoption worldwide, a new report from DappRadar has said....
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US crypto adoption remains high despite global inflation fears
29.4.2022
New DappRadar report provides wide-ranging insights into the performance of the crypto and Web3 space throughout Q1 of 2022
'Hyper-deflationary' network launches mainnet amid rising inflation
28.4.2022
The AXIA native cryptocurrency becomes scarce as the activity or participation on the network increases
21Shares launches hybrid Bitcoin and gold ETP to enable inflation hedge
27.4.2022
Launched in cooperation with ByteTree, the new BOLD ETP by 21Shares comprises 18.5% of BTC and 81.5% of gold at launch
CityCoins expanding services via 11 new incubated projects
26.4.2022
The CityCoins project on Stacks is getting added functionality through 11 new startups from the Stacks Ventures project incubator