Inflation – Page 53

Putin Threatens to Let Europe ‘Freeze’ — Russian President Warns ‘We Will Not Supply Gas, Oil, Coal, Heating Oil’

September 7, 2022 by DIGIT

Following the discussions concerning the inter-governmental political forum Group of Seven (G7) pledging to impose price caps on crude oil and the European Commission talking about fixing electricity prices, Russian president Vladimir Putin explained on Wednesday that Russia will not supply the industrialized economic powers and the West with energy. “We will not supply gas, … Read more

What will drive crypto’s likely 2024 bull run?

September 7, 2022 by DIGIT

Easing monetary policies, the decline of inflation, the change in Bitcoin’s mining difficulty, and growing confidence in DeFi are factors that point to a renewed surge for crypto prices. Go to Source Powered by WPeMatico

VCs pour $14.2B into crypto in H1 2022, but investments now slowing

September 7, 2022 by DIGIT

KPMG noted that despite the expected downfall, investment figures remained well-positioned in comparison to pre-2021 figures, which highlights the growing maturity of the market. Go to Source Powered by WPeMatico

Bitcoin ‘bear flag’ breakdown targets $15K as US dollar hits 20-year high

September 6, 2022 by DIGIT

BTC is losing its safe haven status to the dollar, with mutual funds increasing their cash holdings by $208 billion in the first half of 2022. Go to Source Powered by WPeMatico

Russia Shuts off Europe’s Main Gas Pipeline Until the West’s Sanctions Are Lifted, Iran Tempts EU With Similar Deal

September 5, 2022 by DIGIT

Russia has seemingly drawn a line in the sand and will not turn on Europe’s main gas pipeline until the “collective West” lifts the financial sanctions against the country. The move follows the Nord Stream 1 pipeline allegedly shutting down for “maintenance,” but reports from Interfax that followed five days later indicate Moscow will not … Read more

What does the Fed’s fight against inflation mean for crypto? Macro analyst explains

September 5, 2022 by DIGIT

Macro analyst Lyn Alden explains why the Fed’s efforts to curb inflation may take longer than expected and how they will impact the crypto markets. Go to Source Powered by WPeMatico

Rome’s Financial Volatility to Shock the Eurozone — Hedge Funds Bet $39 Billion Against Italian Debt

September 4, 2022 by DIGIT

Hedge funds are betting against Rome’s liabilities as S&P Market Intelligence data indicates investors have amassed a $37 billion short bet against Italian debt. The hedge funds are betting large against Italian bonds and investors haven’t bet this high against Rome since 2008, as Italy faces political uncertainty, an energy crisis, and an inflation rate … Read more

‘No Middle Class Left,’ ‘Millions Will Be Wiped Out’ — Two Market Crash Predictions, Gas Cartels, and Whales Moving Mt Gox Coins: Bitcoin.com News Week in Review

September 4, 2022 by DIGIT

In this week’s Bitcoin.com News Week in Review, one market strategist issues a dire warning about the U.S. economy and a large market crash that could cause a “50 to 60 percent haircut” in stocks. Further, the Russian government is reportedly making moves to create a global gas cartel with Iran. These stories, as well … Read more

Bitcoin price clings to $20K as analyst says Fed ‘buried’ soft landing

August 31, 2022 by DIGIT

The U.S. inflation narrative shifts away from ease-of-control in what could further pressure risk asset performance. Go to Source Powered by WPeMatico

Eurozone hits record inflation of 9.1% amid gas and energy crisis

August 31, 2022 by DIGIT

Eurozone inflation is up from 8.9% in July as the continent faces skyrocketing energy, gas and food prices due to the ongoing crisis in Ukraine. Go to Source Powered by WPeMatico