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3232Bitcoin Rises as China Stimulus and Multiple Bullish News Fuel Crypto Gains
https://www.digit.info/bitcoin-rises-as-china-stimulus-and-multiple-bullish-news-fuel-crypto-gains/
Mon, 14 Oct 2024 20:01:23 +0000https://www.digit.info/bitcoin-rises-as-china-stimulus-and-multiple-bullish-news-fuel-crypto-gains/Read more]]>China’s unclear fiscal stimulus measures have fueled a surge in bitcoin, pushing the cryptocurrency to a two-week high and sparking speculation that investors may shift to cryptocurrencies over Chinese equities. The uncertainty surrounding the scale of China’s economic efforts has prompted capital rotation into alternative assets like BTC. Adding to the momentum, rising odds for […]
]]>Blackrock CEO Expects Inflation to Persist, but No Major US Recession in 2023
https://www.digit.info/blackrock-ceo-expects-inflation-to-persist-but-no-major-us-recession-in-2023/
Sat, 15 Apr 2023 19:30:48 +0000https://www.digit.info/2023/04/15/blackrock-ceo-expects-inflation-to-persist-but-no-major-us-recession-in-2023/Read more]]>Blackrock’s CEO, Larry Fink, stated in an interview on Friday that he does not anticipate a “big recession” in the United States. However, he believes that “inflation is going to be stickier for longer.” In contrast to the U.S. central bank’s 2% goal, Fink predicts that “we’re going to have a 4ish floor in inflation.” […]
China’s unclear fiscal stimulus measures have fueled a surge in bitcoin, pushing the cryptocurrency to a two-week high and sparking speculation that investors may shift to cryptocurrencies over Chinese equities. The uncertainty surrounding the scale of China’s economic efforts has prompted capital rotation into alternative assets like BTC. Adding to the momentum, rising odds for […]
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Blackrock’s CEO, Larry Fink, stated in an interview on Friday that he does not anticipate a “big recession” in the United States. However, he believes that “inflation is going to be stickier for longer.” In contrast to the U.S. central bank’s 2% goal, Fink predicts that “we’re going to have a 4ish floor in inflation.” […]