Inflation
Bitcoin Outlook Ahead of Next Week’s Midterm Elections
CoinDesk Markets Managing Editor Brad Keoun and Research Analyst George Kaloudis discuss their outlook for bitcoin ahead of next week's U.S. CPI inflation report and midterm elections.
What the October Jobs Report Means for Crypto
The October Jobs Report reveals U.S. nonfarm payrolls beat estimates and grew by 261,000, while the unemployment rate rose to 3.7%. This comes as the U.S. Federal Reserve is aiming to bring down inflation significantly. Medley Global Advisors Managing Director Ben Emons discusses the data and the implications for the crypto industry.
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.
Maniniwala ka ba? LOOKS Matatag ang Bitcoin – Berde, Kahit na – habang Bumagsak ang Malaking Tech Stocks
Habang ang pag-ulit ng super-rally na nakita sa ikalawang kalahati ng 2021 ay maaaring hindi malamang, ang panahong iyon ay pumasok sa isip noong nakaraang linggo habang ang Bitcoin ay nagpakita ng lakas.
Peux-tu le croire? Bitcoin LOOKS stable – vert, voire même – alors que les grandes actions technologiques s'effondrent
Bien qu’une répétition du super-rallye observé au cours du second semestre 2021 soit peu probable, cette époque m’est venue à l’esprit la semaine dernière lorsque le Bitcoin a montré sa force.