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INFLATION

Is Soaring US Inflation Rate Hurting Bitcoin's Revival Chances?
Inflation

Is Soaring US Inflation Rate Hurting Bitcoin's Revival Chances?

Key inflation data in the U.S. for June was just released by the Bureau of Labor Statistics on Wednesday, what kind of consequences to the development of cryptocurrency?

Are Institutional Investments Fueling Correlation Between Crypto and Stock Markets?
Inflation

Are Institutional Investments Fueling Correlation Between Crypto and Stock Markets?

With macroeconomic factors like interest rate hikes affecting both stocks and crypto, this begs the question: are institutional investments propelling the correlation between the two markets?

Human Rights Advocates Urge U.S. Lawmakers to Concern Crypto, Saving Crumbling Currencies
Inflation

Human Rights Advocates Urge U.S. Lawmakers to Concern Crypto, Saving Crumbling Currencies

A group of human rights advocates have urged U.S. Congress members to be concerned about the role of importance of cryptocurrencies against unstable economies whose local currencies are collapsing.

Argentina Halts Crypto Operations Undertaken by Financial Institutions
Inflation

Argentina Halts Crypto Operations Undertaken by Financial Institutions

Days after Argentina’s largest private bank Banco Galicia opened crypto trading services, the nation’s central bank cracked the whip by banning financial institutions from carrying out crypto transactions.

Turkish Female Investors Shows More Crypto Knowledge than Male Counterparts, Study Shows
Inflation

Turkish Female Investors Shows More Crypto Knowledge than Male Counterparts, Study Shows

More women are investing and trading cryptocurrencies in Turkey as their crypto curiosity tops that of men, according to a survey by crypto exchange KuCoin.

Argentinian Seek Shelter in Crypto, while Local Inflation Surges over 50%
Inflation

Argentinian Seek Shelter in Crypto, while Local Inflation Surges over 50%

Argentinians have resorted to transacting in cryptocurrencies to tame runaway prices, given that annual inflation surged by more than 50%.

Bitcoin is Still on Track of Hitting $100K in the Long Term, OKCoin CEO says
Inflation

Bitcoin is Still on Track of Hitting $100K in the Long Term, OKCoin CEO says

Speaking on an interview Wednesday, Hong Fang, the CEO of crypto exchange OKCoin, opined that Bitcoin reaching $100,000 would not be a problem in the long term.

U.S. Inflation Hits a 30-Year High - Is Bitcoin Cementing its Status as an Inflation Hedge?
Inflation

U.S. Inflation Hits a 30-Year High - Is Bitcoin Cementing its Status as an Inflation Hedge?

With Bitcoin continuously smashing historic highs one after another, is the top cryptocurrency showcasing its safe-haven capabilities?

Horizon Kinetics Bets on Bitcoin as Inflation Bites
Inflation

Horizon Kinetics Bets on Bitcoin as Inflation Bites

Horizon Kinetics, a US-based investment firm, is the latest to bet on Bitcoin as an inflation hedge, saying that the company is playing their bets on two hedges against inflation: property and cryptocurrencies, especially Bitcoin.

Ethereum Price Plunges Below $2000 As Inflation Worries Hit Markets Hard
Inflation

Ethereum Price Plunges Below $2000 As Inflation Worries Hit Markets Hard

Ethereum price has tanked $2,000 for the first time since late June.

Paul Tudor Jones Sends Inflation Warning to Feds, Touting Bitcoin as Way to "Hedge"
Inflation

Paul Tudor Jones Sends Inflation Warning to Feds, Touting Bitcoin as Way to "Hedge"

Paul Tudor Jones revealed that he would invest in commodities, Gold and Bitcoin to serve as a hedge against inflation. Also, he will increase the allocation of Bitcoin from 2% to 5% as part of his portfolio.

Goldman Sachs Says Cryptocurrency Is an Alternative to Copper, Not Gold
Inflation

Goldman Sachs Says Cryptocurrency Is an Alternative to Copper, Not Gold

Jeff Currie revealed that cryptocurrency is not a substitute for gold, stating that risks associated with cryptos mean that their values are quite different from those of safe-haven assets such as gold.

Gold Regains Its Old Shines While Bitcoin Struggles to Maintain $37,500 Level
Inflation

Gold Regains Its Old Shines While Bitcoin Struggles to Maintain $37,500 Level

Gold moves higher while Bitcoin still struggles to maintain the support of around $37,000.

'Black Swan' Author Slams Bitcoin, Calls It a 'Gimmick' and a Ponzi Scheme
Inflation

'Black Swan' Author Slams Bitcoin, Calls It a 'Gimmick' and a Ponzi Scheme

After having previously invested in Bitcoin, Black Swan author Nassim Taleb has changed his mind regarding the leading cryptocurrency. He now thinks Bitcoin resembles a Ponzi scheme and explains why.

New Zealand Wealth Management Firm Invests 5% of Its Retirement Funds into Bitcoin
Inflation

New Zealand Wealth Management Firm Invests 5% of Its Retirement Funds into Bitcoin

NZ Funds wealth management firm from New Zealand has become the latest company to get into the crypto world.