BTC starts 2022 all over again — 5 things to know in Bitcoin this week
The yearly open stays in focus as support as Bitcoin bulls hope for a trip to $50,000 this week. Go to Source Powered by WPeMatico
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The yearly open stays in focus as support as Bitcoin bulls hope for a trip to $50,000 this week. Go to Source Powered by WPeMatico
While inflation continues to roar in the U.S., the inflation rate in the eurozone tapped another high last month reaching 7.5% in March. Energy and food prices have soared throughout the 19 member state economies, and European Central Bank president Christine Lagarde expects energy prices to “stay higher for longer.” Eurozone Inflation Continues to Climb, … Read more
Inflation eats into your savings, reducing the value drastically over time. Is Bitcoin a good inflation hedge? Go to Source Powered by WPeMatico
As Americans continue to deal with rising inflation, on Tuesday the spread between 2-year and 10-year Treasury yields inverted, signaling the U.S. economy may be headed for a recession. This week, a myriad of financial reports have noted that the U.S. dollar’s reserve currency status could be undermined. Moreover, there’s also the possibility of crude … Read more
Analysts are mostly bullish on BTC’s short term price action, even if a retest of the $45,000 level must happen first. Go to Source Powered by WPeMatico
It feels like a case of “too much too soon” for many, but only a shallow retracement is expected. Go to Source Powered by WPeMatico
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that the U.S. dollar is “about to implode.” Among the investments he suggested are cryptocurrencies bitcoin, ethereum, and solana. Robert Kiyosaki Foresees Dollar Imploding, Blames Biden for Inflation The author of Rich Dad Poor Dad, Robert Kiyosaki, is back with … Read more
As inflation continues to wreak havoc on American wallets, the U.S. dollar’s lack of purchasing power has been affecting nearly every U.S. resident’s spending decisions. On Monday, U.S. president Biden and his administration predicted lower inflation forecasts as officials announced Biden’s proposed budget for the 2023 fiscal year. According to marketwatch.com author Victor Reklaitis, the … Read more
Sudanese financial regulator considers cryptocurrencies to be the source of “high risks” as the demand grows. Go to Source Powered by WPeMatico
A new cryptocurrency-related survey presented by Sherlock Communications highlights the growth that Latam countries are expected to experience this year, due to the particular traits the region has compared to other areas of the world. The results of the survey make projections that see crypto adoption growing by triple digits in some countries like Argentina … Read more