Inflation
Bitcoin Struggling at $19K as Global Inflation Continues to Rise
Bitcoin (BTC) is trading at $19,100, continuing to trail its 20-day moving average, a sign of the bear market’s resiliency. Bruno Ramos de Sousa, Hashdex’s head of U.S. and head of new markets, discusses his crypto outlook amid rising inflation.
PoS Is a Better Hedge Against Inflation: Umee CEO
"In many ways, [proof-of-stake] is a better hedge against inflation," says Umee Founder and CEO Brent Xu. He adds that the argument for bitcoin as a hedge has been "disproven" in this high interest rate environment. He joins "First Mover" live from I.D.E.A.S. in New York City.
Umee CEO on DeFi Outlook Amid Rising Inflation
Umee Founder and CEO Brent Xu discusses the path ahead for DeFi markets and the wider fintech ecosystem, explaining the impact of rising inflation. Plus, a preview of his speech "Evaluating Debt Markets in DeFi" at CoinDesk's I.D.E.A.S. 2022 in New York City.
First Mover Asia: Macau’s Digital Currency Embrace Could Be a Nightmare for Its Casino Industry; Bitcoin Points Upward
The Special Administrative Region passed a bill that would create a legal framework for accepting digital currency, but would also allow China to monitor Chinese nationals visiting Macau; the largest cryptocurrency by market cap is trading above $19.5K.
Bitcoin Is Not a Pure CPI Hedge: Strategist
Bitcoin (BTC) is both an inflation hedge and a risk asset that follows stocks, says Martin Leinweber, MarketVector Indexes digital asset product strategist. But, "what bitcoin is not, is a pure CPI hedge," he adds. Plus, he discusses why bond market trends are important for crypto.
Bitcoin Outlook After Sinking to 4-Month Low
Bitcoin rebounded Friday, defying consensus for a continued slide in the wake of hotter-than-expected U.S. inflation data, but industry experts aren't sure if the recovery has legs. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Why Did Crypto Surge After Bad Inflation News?
Thursday’s ludicrous price action across asset markets shows just how weird things can get when the Federal Reserve is driving the bus.
Por que a Cripto surgiu após más notícias sobre inflação?
A ridícula ação dos preços de quinta-feira nos Mercados de ativos mostra como as coisas podem ficar estranhas quando o Federal Reserve está dirigindo o ônibus.