Bitcoin has initial positive reaction as inflation hits 8.5% with March CPI data matching forecast
Inflation in the U.S. has hit a 40 year high at 8.5% and Bitcoin reacts positively moving up on the news
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Inflation in the U.S. has hit a 40 year high at 8.5% and Bitcoin reacts positively moving up on the news
Liam 'Akiba' Wright 3 min read
Bitcoin may be pricing in high inflation numbers expected to be released April 12. The top cryptocurrency dropped 6% on the day as fears inflation will surpass 10%
Despite acquiring over 26,000 BTC over the last 30 days, Terra’s strategy to back UST with bitcoin couldn’t counterweight market sentiments over the U.S. Fed’s hawkish policy of hiking interest rates by 50 basis points.
Former Goldman Sachs Chief Economist thinks the Fed is going to have to shock the market into shedding some of its gains in order to get the markets under control and reduce inflation.
Ex-Goldman Sachs investor and founder of SkyBridge Capital Anthony Scaramucci believes Bitcoin is on course to hit $500,000 in the foreseeable future.
Continued global unrest may be a crucial factor in a sell-off affecting both stocks and crypto as the chance of Russia defaulting rises to 99%
The market price of bitcoin temporarily jumped above $47,000 on the news that Michael Saylor’s MicroStrategy buys another round of bitcoin. This time, the U.S. based company laid its hands on 4,167 BTC.
Any wallet interacting with an exchange will be required to reveal their full identify according to legislation that was just passed in the European Parliament
A bullrun the past week has sent bitcoin to just under the highest levels this year. Analysis shows long-term hodlers have increased their positions by 17% since late November. These addresses accumulated BTC throughout Q1 of 2022.