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Adrian Day Warns of ‘Inevitable’ US Recession, Describes it as a ‘Freight Train Heading Towards Us’
15.11.2023
In a recent interview, Adrian Day, CEO of Adrian Day Asset Management, shared his insights, positing a looming economic downturn in the U.S. Day critically analyzed the Federal Reserve’s actions, explaining their expected impacts on the nation’s economy. Adrian Day: Recession Looms Like...
October’s Inflation Report: Shelter Prices Up, Gasoline Plummets — Mixed Market Reactions Follow
14.11.2023
On Tuesday, the U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers (CPI-U) remained unchanged in October, following a 0.4% increase in September. Over the past year, the all-items index rose 3.2% before seasonal adjustment, marking a notable trend...
Bitcoin Price Prediction as US Core Inflation Rate is Announced – Is the Bear Market Officially Over?
14.11.2023
Bitcoin (BTC) Chart / Source: TradingView Bitcoin (BTC) is trading at daily lows in the $36,100s in wake of the release of the latest US inflation figures for October, despite the numbers coming in lower than expected across the board. The headline Consumer Price Index (CPI) showed prices remaining...
Bitcoin bounces at $36.2K lows as CPI inflation slows beyond forecasts
14.11.2023
CPI positively surprises stocks and Bitcoin catches a bid as inflationary pressures are shown to be declining faster than thought
U.S. CPI Unexpectedly Flat in October; Bitcoin Adds Nearly 1%
14.11.2023
In addition to the headline beat, core CPI unexpectedly declined last month
Biggest Crypto Gainers Today on Uniswap – TRUCK, PROMPTIDE, GROK
13.11.2023
Uniswap Website Major blue-chip crypto markets are mixed on Monday, with Bitcoin (BTC) dipping back into the mid-$36,000s and Ether (ETH) mounting a challenge of the $2,100 level once again, while most other major altcoins also pull back ahead of the release of key US inflation and retail sales...
Best Crypto to Buy Now November 13 – Celestia, Klaytn, Filecoin
13.11.2023
Major blue-chip crypto markets are mixed on Monday, with Bitcoin (BTC) dipping back into the mid-$36,000s and Ether (ETH) mounting a challenge of the $2,100 level once again, while most other major altcoins also pull back ahead of the release of key US inflation and retail sales figures later...
CPI Report Tuesday Could Provide Next Bitcoin Catalyst
13.11.2023
The U.S. government tomorrow will report on October inflation data
Bitcoin Technical Analysis: Traders Anticipate US Inflation Data Amidst Tight Trading Range
13.11.2023
The crypto market is abuzz with the prospects of bitcoin exchange-traded funds (ETFs), sparking a rush of investments in anticipation of their approval. Investors and traders are bracing for the U.S. inflation report due to drop on Tuesday, which historically shakes up market sentiment and could...
Funding rates echo $69K BTC price — 5 things to know in Bitcoin this week
13.11.2023
Bitcoin funding rates are in classic bull market territory, but can BTC price upside sustain as macro volatility triggers line up?
Fed Chair Powell’s Hawkish Tone Rattles Markets as Inflation Concerns Persist
10.11.2023
Amid an uncertain economic landscape, Federal Reserve Chair Jerome Powell’s recent remarks have amplified the debate on the sufficiency of prevailing interest rates. Even with robust gross domestic product growth, Powell’s address indicated the Fed’s stern stance, as he noted...
Can blockchain solutions disrupt US inflation forecasting?
8.11.2023
New blockchain-based apps like Truflation could be a “healthy development,” given that gauging inflation is more art than science
SwissGold Crypto AG Launches Gold-Backed NFTs for Wealth Preservation
7.11.2023
PRESS RELEASE. Zug, Switzerland – SwissGold Crypto AG, a Swiss-regulated crypto issuer, introduces a novel solution to the wealth preservation challenge in times of inflation and uncertainty: gold-backed non-fungible tokens (NFTs). Gold’s enduring stability, in contrast to depreciating fiat...
Cathie Wood Likes Bitcoin as Both Deflationary and Inflationary Hedge
6.11.2023
that there is no counterparty risk in bitcoin when it is decentralized and everything is visible on the network
Bitcoin’s Value Can Outpace Gold, Says Fidelity Executive
3.11.2023
Bitcoin (BTC) may be a form of “exponential gold” capable of outperforming the precious metal in times of high inflation, wrote Fidelity’s Global Macro Director Jurrien Timmer on Wednesday. In a series of threads posted on X this week, Timmer outlined how Bitcoin’s...
Cathie Wood Bets on Bitcoin Over Gold and Cash as Deflation Hedge for Next Decade
3.11.2023
Cathie Wood has reiterated her confidence in Bitcoin as the go-to asset as hedge against deflation over the next decade. Wood picked Bitcoin over traditional safe havens like gold or cash. Wood believes that deflation is on the horizon, despite the markets’ current focus on heightened...
JPMorgan CEO: Inflation May Be Stickier Than People Think, Fed May Raise Rates Further
3.11.2023
The CEO of JPMorgan Chase, Jamie Dimon, has warned that inflation may be more persistent than many expect, and the government’s fiscal and monetary stimulus in the past several years has been greater than many realize. Dimon also expects more interest rate hikes from the Fed, stating:...
AI’ takes Collins dictionary word of the year, ‘debanking’ makes shortlist
1.11.2023
The Collins dictionary named AI word of the year, describing AI-powered language models as “bursting into the public consciousness” and “much talked about” in 2023
From Venezuela’s 360% to Ghana’s 42%, 10 Countries Worldwide Feel the Sting of Inflation
29.10.2023
Drawing upon the latest statistics, ten nations are grappling with inflation rates surpassing 40% as of October 2023, while four countries are enduring inflation rates in excess of 100%. A look into the data curated by the International Monetary Fund’s World Economic Outlook reveals that...
Fortnite Just Got More Expensive Thanks To 'Inflation'
27.10.2023
Everything’s getting more expensive, even inside Fortnite. Epic Games’ free-to-play battle royale is raising the price of V-Bucks today by roughly 12.5 percent. Being the last one standing just got a little more expensive, at least if you want to look stylish and rank up the season battle pass...