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Nalezeno "2% Inflation": 2775

US Inflation Jumps Most in 40 Years, Bitcoin, Ethereum Gain

12.1.2022
In December, monthly inflation in the US was a bit higher than expected, reaching 0.5%, while the annual inflation increased to 7% and was the same as expected. Economists expected that the consumer price index (CPI), a key measure of consumer prices released by the US Labor Department, will show...

US Fed Chair's Top 3 Crypto-Related Comments in Front of Senate Banking Committee

12.1.2022
The US Federal Reserve (Fed) Chair Jerome Powell discussed the central bank's COVID-19 response and financial stability, among other issues, during his re-nomination testimony on Tuesday in front of the Senate Banking Committee. He also made several comments that may potentially have an impact...

Dollar Starts 2022 with Support as Inflation Test Looms

10.1.2022
The year has started well for the US dollar as the currency gains value across multiple regions. The primary reason behind the surge is stated by traders’ faith in the inflation data by Fed officials to bolster the interest rates. After falling on Friday, the safe haven jumped 0.2% on the euro...

'Most bullish macro backdrop in 75 years' — 5 things to watch in Bitcoin this week

10.1.2022
Can 2022 still turn out to be a bull year? Not many believe so, but short-term volatility should pass nonetheless, analysts say this week

Bitcoin crash ahead? Expert warns higher inflation could whip BTC price to $30K

9.1.2022
The warning appears against the U.S. Federal Reserve's intention to tighten its asset purchasing program rapidly, followed by three rate hikes in 2022

Solana's Serum Raises USD 100M, Coinsuper vs. Crypto Traders, Euro Inflation Surprise + More News

7.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ ... Read More: Solana's Serum Raises USD 100M, Coinsuper vs. Crypto Traders, Euro Inflation Surprise + More News

Bitcoin, Ethereum Could Benefit If Stocks Drop After Fed Tightening – Strategist

7.1.2022
Contrary to popular belief, the two largest cryptocurrencies bitcoin (BTC) and ethereum (ETH) could benefit from a tightening of monetary policy from the US Federal Reserve (Fed), Mike McGlone has argued in a new note. According to McGlone, who is the Bloomberg Intelligence’s Senior Commodity...

Ethereum plunges 13%, down more than Bitcoin after Fed spooks crypto market

6.1.2022
Ethereum lost roughly 13.50% versus Bitcoin's 9% decline in the past 24 hours

Billionaire Ray Dalio recommends ‘reasonable’ 1–2% Bitcoin allocation

6.1.2022
Newly minted Bitcoin supporter Dalio agrees that Bitcoin should make up a small percentage of investors’ portfolios in 2022

3 reasons why Ethereum can reach $5,000 in Q1

4.1.2022
A mix of technical, macroeconomic, and on-chain indicators point toward a price rally in the Ethereum market this quarter

Turkey’s Inflation Jumps to 36%, Lira’s Value Plummets, Citizens Flock to Stablecoins

3.1.2022
The Republic of Turkey’s economy and the country’s native fiat currency the Turkish lira continue to experience turmoil as inflation has risen to 36%. Since this time last year, the lira has lost 44% of its value against the U.S. dollar. Meanwhile, the use of stablecoins in Turkey...

As US Inflation Skyrockets White House Blames Monopolies, Economist Calls for Price Controls

3.1.2022
U.S. inflation is red hot and a number of analysts and economists are predicting America will face further economic issues as politicians and the Biden administration blame corporations. This perspective on rising inflation has led finance authors like Isabella Weber to believe that price controls...

Bitcoin is new gold for millennials, Wharton’s finance professor says

3.1.2022
Gold disappointed investors in 2021 as a traditional hedge against inflation, seeing its worst year since 2015

More billionaires turning to crypto on fiat inflation fears

3.1.2022
The number of billionaires that have invested in crypto increased last year, and that trend could continue into 2022 as fears over fiat intensify

Wharton’s Professor Warns About Inflation, Predicts Many Rate Hikes, Says Bitcoin Has Replaced Gold for Millennials

3.1.2022
A finance professor at the Wharton School of the University of Pennsylvania has warned about inflation and the Fed hiking rates many more times than the market expects. He also said that bitcoin has become the new gold for the millennials. Finance Professor on Bitcoin and Inflation Wharton’s...

Turkey Reveals Scheme That Encourages the Conversion of Gold Deposits Into Lira Time Deposits

2.1.2022
The Central Bank of the Republic of Turkey recently revealed it made the decision to provide incentives to gold deposit and participation fund holders that request to convert these into lira time deposits, a statement from the central bank has said. Incentives Intended to Boost Financial Stability...

Gold Bug Peter Schiff Claims Bitcoin’s Yearly Gain of 60% Was Achieved in First 5 Weeks of the Year

1.1.2022
Gold bug Peter Schiff has claimed that though bitcoin went up by 60% during the past twelve months, most of these gains were achieved during the first five weeks of the year in 2021. He insists that the majority of those that bought the asset in 2021 have not gained. Bitcoin Gains Higher Than Those...