Inflation
Powell Addresses Pace of Rate Increases
There is "significant uncertainty" an interest rate level that will be sufficiently restrictive to bring inflation down to the Federal Reserve's 2% goal, Chair Jerome Powell says in a press conference on Wednesday.
Galaxy Digital to Cut 20% of its Workforce; Core Scientific Reportedly in Talks With Lawyers
Michael Novogratz-led crypto-focused financial services firm Galaxy Digital plans to cut at least 20% of its global workforce. Convertible bond holders of BTC miner Core Scientific are in talks with restructuring attorneys at Paul Hastings. South Africa's leading supermarket chain Pick n Pay is now allowing BTC payments via Lightning Network-enabled apps. A poll from Grayscale reveals fears over inflation have translated to a growing interest in crypto for a quarter of voters surveyed.
Dollar Reversal Could Bring Inflationary Pressure, Former US Treasury Secretary Larry Summers Warns
Speculation is mounting over when the Federal Reserve might pivot dovish. But economists, including Summers, warn any such move might lead to weakness in the U.S. dollar versus other global currencies, in turn driving up prices for imports.
Bitcoin Hovers Around $20K as Investors Eye Fed’s Next Rate Decision
Edward Moya, OANDA Senior Market Analyst for The Americas, discusses the potential impact of this week's Federal Open Market Committee (FOMC) meeting minutes and U.S. jobs data on the crypto markets. Plus, his outlook for bitcoin (BTC) amid "stagflation" concerns and yield expectations.
Can You Believe It? Bitcoin Looks Stable – Green, Even – as Big Tech Stocks Fall Apart
While a repeat of the super-rally seen in the second half of 2021 might not be likely, that era did come to mind last week as bitcoin showed strength.
Bitcoin Hovers Above $20K as Fed's Preferred Inflation Gauge Rises Less Than Expected
Bitcoin (BTC) remains just above the $20,000 level after a U.S. government report revealed the inflation gauge closely monitored by the Federal Reserve, the Personal Consumption Expenditures (PCE) Price Index, rose slower than estimated last month. "The Hash" panel discusses the data and what it means for crypto.
El indicador predilecto de la Fed sube menos de lo esperado y bitcoin se dispara
BTC sube tras conocerse que el PCE de Estados Unidos de septiembre resultó ligeramente más bajo que lo estimado por los economistas.
Crypto Outlook as US Tech Giants Report Earnings
Crypto majors are slipping in the past 24 hours following a plunge in U.S. technology stocks as key companies reported lower-than-expected earnings. eToro Crypto Consultant Glen Goodman weighs in on the price actions. Plus, reaction to the latest U.S. inflation data and its impact on bitcoin (BTC).
¿Cuál es la diferencia entre las criptomonedas inflacionarias y las deflacionarias?
Todo depende de la oferta y de la planificación de emisiones de cada criptomoneda.
Fed's Preferred Inflation Gauge Rises Less Than Expected, and Bitcoin Rises
BTC pops after U.S. PCE price index comes in slightly slower for September than predicted by economists.
