Tag: Inflation
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We’ll Get At Least Two Federal Reserve Rate Cuts This Year, US Banking Giants Say
Banking giants like BoA and Goldman Sachs now expect multiple Federal Reserve interest rate cuts this year, amid weak jobs data. Interest rate cuts…
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4 US Economic Indicators That Could Impact Bitcoin’s Rally
US CPI, PPI, retail sales and jobless claims could sway Bitcoin’s price this week. Here’s they might affect the crypto markets. Bitcoin lately climbed…
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Here’s Why A Fed Rate Cut Might Not Save Crypto
Fed rate cuts often lift markets, but history shows they can signal deeper economic troubles, a caution for crypto investors. Talks of a potential Fed…
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Russian State Duma Eyes Strategic Bitcoin Reserve Initiative
Tkachev indicates a Bitcoin reserve to ensure Russia’s financial stability. Russia’s crypto policies are evolving, including tax breaks and mining authorization. Russian State Duma Deputy…
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Shiba Inu Reveals Shib Torch for Automatic Shib Burn on Shibarium
Shiba Inu released ShibTorch, a burn gateway that depletes SHIB supplies. ShibTorch incorporates EIP-1559 features to manage transaction fees and trigger burns. The long-awaited ShibTorch…
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Inflation is Rising Again; Could BTC Benefit?
According to a recent report issued by the U.S. Bureau of Labor Statistics, a 3.2 percent rise in the Consumer Price Index (CPI) occurred last…
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May Has Been the Worst Month for Bitcoin This Year
Bitcoin experienced its first monthly loss of 2023 in May following several solid months of growth due to macroeconomic uncertainty. Bitcoin Had Its Worst Month…
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Paul Tudor Jones: BTC’s Days as an Inflation Hedge Are Over
The idea that bitcoin was always a hedge against inflation has been rather prominent amongst crypto fans for the past few years. Now, according to…
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Bitcoin Shoots Up as Inflation Slides a Tad
Bitcoin endured a slight rise in mid-May after numbers emerged suggesting inflation was potentially easing up. Inflation May Be Dying Down a Bit Regions like…
