The Fed could lose $100B — Does this spell catastrophe for Bitcoin?
On the latest episode of “Macro Markets,” Marcel Pechman explains the potential implications for crypto of the Federal Reserve losing $100 billion. Go to Source
Inflation
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Binance launches crypto-to-bank account payment product in Latin America
Binance’s Send Cash product will facilitate crypto payments from nine countries to bank accounts based in Argentina and Colombia. Go to Source
September ‘crash’ to $22K? — 5 things to know in Bitcoin this week
BTC price is looking frail as August comes to an end, and with Bitcoin bulls out of ammo, traders are preparing for more pain to come. Go to Source
Bitcoin could be worth less than $20K in 2023, US inflation data says
Bitcoin, taking inflation into account, has in fact been a solid store of value since 2017, commentators conclude. Go to Source
Why is the crypto market down this week?
Rising interest rates, delayed Bitcoin ETFs, global financial turmoil and other regulatory pressures are contributing to the crypto market’s underperformance. Go to Source
China facing deflation may be bad news for Bitcoin
Cointelegraph analyst and writer Marcel Pechman breaks down the Federal Reserve balance sheet and explains why China’s deflation can negatively impact Bitcoin. Go to Source
Bitcoin soars in Argentina as Javier Milei wins presidential primary
Despite slumping in global crytocurrency markets, Bitcoin has jumped to new highs in Argentina after BTC-friendly presidential candidate Javier Milei won the primary vote on Aug. 13. Go to Source
Bitcoin bulls risk trading range loss as BTC price nears 2-month lows
Bitcoin almost breaks down from its sideways construction in place for months, and Bitcoin bulls are struggling to prop up the market. Go to Source
Pro-Bitcoin Javier Milei wins most votes in Argentina primary election
Argentine presidential hopeful Javier Milei — a pro-Bitcoin, anti-central bank libertarian — has won a majority of the votes in a primary election. Go to Source
Bitcoin hugs $29.5K into CPI as odds split over new US inflation spike
Bitcoin looks set to benefit little from the latest CPI figures, analysts warn, with fresh BTC price losses firmly on the cards. Go to Source
