The price of bitcoin (BTC) and ethereum (ETH) rose slightly in the early hours of Tuesday after falling lower on Monday, as market participants positioned themselves for a potential “buy the news” event that may follow a key US Federal Reserve (Fed) meeting later today. Ahead of today’s event, BTC remained down by 3%…
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On Monday, December 13, following Friday’s U.S. consumer price index report published by the Bureau of Labor Statistics, Americans are discussing the Federal Reserve. Thousands of tweets concerning the Federal Reserve topic have been trending on Twitter, as inflation has gripped the U.S. economy. Furthermore, Mohamed El-Erian, the chief economic advisor for the German multinational…
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Monetary policy in the US and China will most likely not get any easier in the near term, and it, therefore “pays to wait” with making new investments in crypto, the co-founder and former CEO of crypto derivatives exchange BitMEX, Arthur Hayes, suggested. … Read More: Arthur Hayes Tells Crypto Traders ‘It Pays to Wait,’…
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_______ _______ The crypto market has had one of its best years on record, and it largely has the global macroeconomic environment to thank for this. With inflation rising and interest rates historically low, those of us fortunate enough to have savings have looked for somewhere more profitable than a bank account to keep them….…
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The consumer price index (CPI) data released Friday by the U.S. Bureau of Labor Statistics show prices in the United States climbed 6.8% in November compared to 12 months ago. It’s the largest rise in close to forty years, and U.S. policymakers are backing away fast from saying inflation is transitory. Inflation Accelerates in the…
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The bitcoin (BTC) price rose by about 2.5% in a matter of just 10 minutes today after US inflation numbers reached 6.8% from a year ago, marking the highest increase since 1982. However, BTC’s gains were short-lived. At 14:24 UTC, BTC stood at USD 49,575, up 0.9% for the past 24 hours and up…
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Mainstream analysts have criticized El Salvador’s budget plans for 2022 and its bitcoin (BTC) bond ambitions – and a media outlet has pointed out that international ratings agencies are now lining up to take aim at the nation’s President Nayib Bukele and his adoption plans…. Read More: Mainstream Analysts Pour Scorn on El Salvador’s…
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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: Fed Chair on Higher & Not Transitory Inflation, Yellen On Stablecoins + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Billionaire investor Mike Novogratz has cautioned that Federal Reserve Chairman Jerome Powell could slow down the crypto market in his second term in office. Commenting on his renomination, Novogratz said Powell could “act more like a central banker than a guy that wants to be reappointed.” How Jerome Powell’s Second Term as Fed Chair Could…
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The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has revealed that he is buying more bitcoin and ether amid rising inflation concerns. “Inflation is a tax on the poor and middle class. Inflation makes the rich richer,” he stressed. Robert Kiyosaki Warns About Inflation, Reveals He’s Buying More Bitcoin and Ether…
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