Crypto market eyes recovery ahead of key US inflation data release
The Asia Pacific and European markets slide in caution ahead of key U.S. inflation data. Go to Source Powered by WPeMatico
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Bitcoin hovers near $48K ahead of fresh key US inflation data
Inflation marks just the start of some key macro decisions which could keep Bitcoin down for months, warnings say. Go to Source Powered by WPeMatico
Volatility, hyperinflation and uncertainty: How everyday Venezuelans are using stablecoins to protect their livelihoods
Customers of stablecoin payment app Reserve express their dependency on technology for everyday transactions. Go to Source Powered by WPeMatico
Ethereum Might Dethrone Bitcoin as Best Crypto Store of Value, Study Argues
A recent paper authored by members of several universities, including Sydney and Macquarie, argues that recent changes in Ethereum monetary policy are making it a better store of value than bitcoin. The deflationary effect that the EIP-1559 proposal has caused in the issuance of the currency is said to be the main cause of this. … Read more
Ethereum approaches a new ATH, but derivatives data reflects mixed emotions
Ethereum price appears en-route to a new all-time high, but data shows retail and pro investors are slightly skeptical about the current rally. Go to Source Powered by WPeMatico
Bitcoin, stocks and commodities correct after Fed chair mentions policy change
BTC, stocks and commodities took a hit after the Federal Reserve acknowledged that inflation is more than just a “transitory” problem and hinted that tapering could occur sooner than expected. Go to Source Powered by WPeMatico
Crypto is a hedge for 46% of Russian retail investors, survey states
Bitcoin was the most popular cryptocurrency in Russia in October, outpacing coins like Tether and Litecoin. Go to Source Powered by WPeMatico
Ripple CEO blasts Dogecoin for ‘inflationary dynamics’
Starting in 2013 with a supply limit of 100 billion coins, Dogecoin eventually switched to an uncapped supply. Go to Source Powered by WPeMatico
After Overseeing the Largest Monetary Expansion in US History Biden Renominates Powell to Lead the Fed
U.S. president Joe Biden revealed his intent on Monday to re-nominate Jerome Powell as the Federal Reserve chairperson. Major indices and stocks gained on the news that Powell will get a second term as the head of the central bank. Biden Chooses to Renominate Fed Chair Jerome Powell On Monday, president Joe Biden revealed that … Read more
Socialite and Model Alexis Ren Doesn’t Trust the Dollar Economy, Says Crypto Is a Viable Alternative
The American social media personality and model, Alexis Ren believes the fiat economy is “collapsing” and recently she told the press she thinks cryptocurrencies offer a viable alternative. In a recent interview, Ren explained her interest in crypto is fueled by the socialite’s reservations in the dollar-based economy. Alexis Ren: ‘The Economic Structure We Have … Read more