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Inflation
Crypto Volatility Returns; Big Names Investing in Blockchain
Bitcoin and ether hit by inflation concerns. Number of USDC exchange deposits hits 16-month low. Top names invest $6 billion in blockchain despite market wobbles. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Bitcoin Retraces 3 Weeks of Gains as Analysts Blame Macroeconomic Turmoil
Bitcoin is holding at around $21,340 after slumping for the sixth consecutive day.
Bitcoin Sees Biggest Single-Day Percentage Decline in Two Months
Bitcoin (BTC) fell below $22,000 early Friday, reversing gains spurred by the softer-than-expected U.S. inflation figure released last week and leading the broader crypto market down. Defiance ETFs CEO, CIO and Co-Founder Sylvia Jablonski discusses the possible catalysts for this market sell-off, along with her thoughts on the looming macro headwinds that could impact the crypto markets.
US Federal Reserve Minutes Show More Rate Hikes Coming, Concern About Stablecoin Risks
Bitcoin and other cryptocurrencies had little to no reaction to the central bank release.
What Fed's July Meeting Minutes Mean For Crypto
The U.S. Federal Reserve's July meeting minutes released Wednesday suggest interest rate hikes are likely to continue until inflation comes down significantly. The Bitcoin Layer Founder Nik Bhatia discusses what rising inflation means for risk-on assets, crypto miners, and the broader markets. Plus, his outlook for bitcoin (BTC)'s price movement.
Why Bitcoin Traders Should Care About Double-Digit Inflation in UK
The Bank of England may raise interest rates more aggressively, which could result in a weaker dollar and higher prices in the U.S.
