Inflation
Bitcoin Slips to $20K as US Inflation Continues to Rise
Bitcoin (BTC) and ether (ETH) tumbled as U.S. August inflation data came in higher than expected. QCP Capital co-founder and CIO Darius Sit discusses a potential bitcoin bottom and his crypto markets outlook. Plus, the current state of institutional investors in Asia.
Celsius CEO Reportedly Mulls Crypto Custody Pivot After Lending Business Imploded
Celsius CEO Alex Mashinsky proposed revamping the failed crypto lending business as a digital asset custody firm, according to a New York Times report. Plus, bitcoin (BTC) and crypto-linked stocks fall as U.S. inflation in August rose 8.3% from the previous year and 0.1% from a month ago.
Bitcoin Down Following August CPI Reading
Bitcoin’s temporary rally has come to an end as the U.S. CPI readings returned worse than expected. Data from TradingView indicates that bitcoin (BTC) nearly tested its 10-month bear market early Tuesday.
Acciones cripto y bitcoin se desploman tras la publicación del índice de inflación de EE. UU.
Las compañías mineras de activos digitales estuvieron entre los peores rendimientos del martes.
Crypto Exchange FTX Unusable for Some Amid Strain of CPI Turbulence
Cryptocurrency exchange FTX was unusable for some customers amid high trading volume following a closely-watched economic report on U.S. inflation. "The Hash" team discusses the latest hiccup and how FTX CEO Sam Bankman-Fried responded to users' concerns.
Bitcoin Tumbles After Higher-Than-Expected Inflation
Bitcoin (BTC) tumbled Tuesday along with other crypto stocks after U.S. inflation in August came in higher than expected. “The Hash” panel discusses the impact of the latest inflation read on the crypto and global finance markets.
Path Forward for Crypto Gets Tougher After US CPI Report Comes in Hot
It's becoming a game of Whac-A-Mole for the Federal Reserve to keep consumer prices from shooting up. That might mean an aggressive-for-longer stance on monetary policy, ostensibly a negative driver of prices for risky assets from stocks to cryptocurrencies.
La inflación de los Estados Unidos de agosto es más alta de lo previsto y bitcoin cae 4%
La inflación núcleo, más seguida por traders, aumentó 0,6% en agosto, un incremento mucho más alto que el de julio.
Canadian Prime Minister Justin Trudeau Attacks Opposition for Recommending Bitcoin as Inflation Hedge
Earlier this year, Pierre Poilievre, the new leader of the opposition Conservative Party, said he supports bitcoin as an inflation-beating asset.
