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Nalezeno "EU Inflation": 2410

Here's what could spark a 'huge BTC rally' as Bitcoin clings to $19K

19.10.2022
The U.S. dollar may be finally ready to come down as the Eurozone says September annual inflation was the highest ever

First Mover Americas: Bitcoin, Ether Slip as UK Inflation Hits 40-Year High

19.10.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 19, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets

Bank of America and JPMorgan Say US Economy Is Doing Well, Consumers Are in Good Shape Despite Inflation

19.10.2022
Bank of America CEO Brian Moynihan and JPMorgan & Chase CEO Jamie Dimon both agree that the U.S. economy is doing well and consumers are in good shape. “The consumers basically have more money in their accounts by multiples than they did pre-pandemic,” said the Bank of America...

Biden Says US Economy Is ‘Strong as Hell’ — White House Claims the President ‘Has Done the Work’ to Fix Inflation

19.10.2022
U.S. President Joe Biden has been criticized for stating that the U.S. economy is “strong as hell” as inflation rises to a 40-year high. Meanwhile, the White House claims that Biden understands and “has done the work” to fix the inflation issue. Joe Biden Believes the U.S....

Argentina to Launch ‘Fair Prices’ Program to Battle Raging Inflation Numbers

18.10.2022
The government of Argentina has begun to act in several directions to control the raging inflation numbers registered this year. Sergio Massa, minister of treasury, proposed a program called “Fair Prices,” to force retailers and producers to establish a fixed price on various products...

Report: Ghanaian Currency Slips to Another Low Versus the US Dollar

17.10.2022
After it slipped to a rate of about 12:1, the Ghanaian cedi became the latest African currency to touch a new low versus the U.S. dollar, albeit on the unofficial foreign exchange market. Having started 2022 trading around 6.25 per dollar, the cedi has now lost over 90% against the appreciating...

Survey: 98% of CEOs Preparing for US Recession — Confidence at Lowest Level Since Great Recession

17.10.2022
The Conference Board has found that 98% of chief executives surveyed are preparing for a U.S. recession while 99% of CEOs are preparing for an EU recession. “CEO confidence sunk further to start Q4 and is at its lowest level since the Great Recession,” the organization said. 98% of CEOs...

Economist Peter Schiff Warns Fed Action Could Lead to Market Crashes, Massive Financial Crisis, Severe Recession

17.10.2022
Gold bug and economist Peter Schiff says there are two possible outcomes of the Federal Reserve’s action on the U.S. economy. One outcome leads to “a massive financial crisis and severe recession” as stocks, bonds, and real estate crash. In the second outcome, “the world...

War Spurs Crypto Activity in Russia and Ukraine, Chainalysis Reports

15.10.2022
The deadly conflict that started with Russia’s assault on Ukraine has increased crypto-related activity in both countries, according to Chainalysis. Fiat inflation and sanctions pressure led to several spikes in transaction volumes this year, the blockchain forensics firm has found, while Eastern...

Report: Turkey’s September Gold Imports up by 1,700% as Individuals Swap Falling Lira With the Precious Metal

15.10.2022
Turkey’s gold imports of just over 39,000 kilograms in September 2022 are more than 16 times the quantity that was brought into the country in September 2021. The surge in Turkey’s gold imports is reportedly being spurred by the rise in demand for the precious metal by individuals...

Argentina Introduces New Exchange Rates to the Mix — ‘Qatar’ and ‘Coldplay’ Dollars Go Against IMF’s Warnings

14.10.2022
The government of Argentina, which is currently applying dollar exchange controls, has added two new dollar exchange rates into its arsenal: the “Qatar” and “Coldplay” dollars. However, Kristalina Georgieva, managing director of the International Monetary Fund (IMF) has made...

Why Did Crypto Surge After Bad Inflation News?

14.10.2022
Thursday’s ludicrous price action across asset markets shows just how weird things can get when the Federal Reserve is driving the bus

Bitcoin, Ethereum Technical Analysis: ETH, BTC Surge, as US Inflation Uncertainty Fades

14.10.2022
Ethereum was trading higher on Friday, as market volatility eased, following the latest U.S. inflation report. Core inflation rose 0.6%, with consumer prices up to 8.2%, higher than the expected 8.1%. Despite this, traders seem to have breathed a sigh of relief, as the uncertainty surrounding...

Community discusses why inflation isn't pushing more people to crypto

14.10.2022
A community member started a discussion on r/cryptocurrency on why inflation isn’t pushing more people into the crypto space

Ethereum price eyes 35% rally after 6,000 ETH gets burned in one week

14.10.2022
A new crypto project aiming to mint tokens from burning Ether is behind Ethereum's deflationary turn

Bitcoin 'bear trap' sees BTC price near $20K as daily gains top 9%

14.10.2022
Over $320 million in liquidations accompanies a gruelling 24 hours for crypto traders

First Mover Asia: Crypto Trading Firm Amber CEO Argues Bitcoin Can Still Be an Inflation Hedge; Cryptos' Surprising Rebound

14.10.2022
Michael Wu says that bitcoin offers “a better form” of storing value than any previous type of asset and that ether provides great value as a “tech infrastructure investment.”