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Argentine inflation numbers were revealed last week, with the interannual Consumer Price Index (CPI) registering record levels reaching 78.5%. This puts the country second only to Venezuela in Latam in terms of high inflation, with prices rising almost 8% during August, hitting the pockets of Argentines. According to a survey by Bitso, this has caused … Read more
The Fed prepares an inflation move that could act as a “sledgehammer” for crypto and risk assets. Go to Source Powered by WPeMatico
Bitcoin derivatives data also shows sentiment shifting in favor of a massive crash below $20,000, the current psychological support. Go to Source Powered by WPeMatico
Canadian Prime Minister Justin Trudeau has criticized the new leader of the Conservative Party of Canada for his supposedly irresponsible crypto advice, as Rich Dad Poor Dad author Robert Kiyosaki gives cryptocurrency advice of his own ahead of what he sees as the “biggest economic crash in history.” Also, the U.S. SEC is setting up … Read more
Billionaire Jeffrey Gundlach, aka the Bond King, has shared his view on when to buy cryptocurrency. “You need a true Fed pivot,” he stressed. Gundlach also warned about the increasing risk of deflation, noting that it’s time to be bearish on the stock market. Jeffrey Gundlach on Fed Rate Hikes, U.S. Economy, and When to … Read more
More people are using stablecoins to hedge against inflation, as they offer numerous benefits. Go to Source Powered by WPeMatico
The aftermath of the Ethereum Merge gives no respite to crypto bulls, who face continued market pressure as stocks also trend down. Go to Source Powered by WPeMatico
Cryptocurrency prices plunged in today’s session, as markets reacted to the latest U.S. inflation report. Bitcoin fell by over $2,000 in the last 24 hours, as consumer prices fell by less than expected in the United States. Ethereum was also in the red, as the token dropped below $1,600. Bitcoin Bitcoin (BTC) was trading lower … Read more
$1.6 trillion U.S. stock market losses pressure crypto markets, with BTC price action coming full circle to linger near $20,000. Go to Source Powered by WPeMatico
A key Bitcoin price metric hit a new all-time high, but is this a bullish or bearish development? Go to Source Powered by WPeMatico