inflation

President-elect of Argentina Javier Milei ran on a promise of economic change. The shape of the transformation will only become known after his inauguration on Dec. 10, but stablecoins will play an important role in Argentinians’ financial lives no matter what happens, Ripio CEO Sebasti&aac ...

Bitcoin (BTC) recently surged above $37,000 between Nov. 10 and 12, only to falter and undergo a correction toward $35,000 on Nov. 13. This abrupt movement triggered the liquidation of $121 million worth of long futures contracts, and while Bitcoin’s price stabilized around $35,800 on Nov. ...

Bitcoin (BTC) targeted $37,000 at the Nov. 14 Wall Street open as the latest United States inflation data undercut expectations.BTC/USD 1-hour chart. Source: TradingViewCPI offers Bitcoin, stocks a pleasant surpriseData from Cointelegraph Markets Pro and TradingView showed BTC price streng ...

Non-government organization Bitcoin Argentina presented a draft bill proposing to regulate the cryptocurrency market in a way that preserves decentralization and strengthens public trust.The proposed legal framework was pitched by Bitcoin Argentina's president Ricardo Mihura at LABITCONF 2 ...

So much of the world’s economic steam depends on interest rates, which in turn are tied to inflation, i.e., the rate at which producer and consumer prices are rising. But measuring inflation isn’t easy. It is as much art as it is science. The world’s number one inflation index, ...

Artificial intelligence, more specifically its abbreviation “AI,” was crowned word of the year for 2023 in the Collins dictionary, one of the world’s earliest English-language dictionary publishers.The Collins dictionary defines AI as “the modeling of human mental functions by computer pro ...

Stablecoins are essential to cryptocurrency markets, and traditional payment systems, especially cross-border ones, can also benefit from them. Edelcoin sets a new standard for stablecoins, offering low volatility, inflation protection, and zero reserve investment risk. Its verified reserv ...

The price of Bitcoin (BTC) has notched new all-time highs against some of the world’s most inflationary fiat currencies.Across 30 hours over Oct. 23 to 24, the cost of buying one Bitcoin has reached all time-highs when using the Argentine peso (ARS), Nigerian naira (NGN), Turkis ...

A recent panel at the Swan Pacific Bitcoin festival was cleverly titled, “Are halving price cycles bullshit?” Throughout the discussion, host and founder of the Bitcoin Layer Nik Bhatia asked Marathon Digital CEO Fred Thiel, Swan CIO Ralph Zagury and Swan product manager Andy Edstrom ...

The US Dollar Strength Index (DXY) recently achieved its highest level in almost 10 months, indicating growing confidence in the US dollar compared to other fiat currencies. This surge in demand for the US dollar has raised concerns among investors about its potential impact on Bitcoin (BTC) and cry ...

The Central Bank of the Republic of Turkey (CBRT) has made a significant announcement regarding its interest rate decision for the month of September. The CBRT's Monetary Policy Committee has taken the bold step of raising interest rates to 30%, marking a substantial increase of 500 basis points com ...

The Federal Reserve is scheduled to make its Interest Rate Decision on Thursday, September 21, accompanied by a press conference. Currently, the Chicago Mercantile Exchange (CME) suggests a 99% likelihood that the Fed will maintain its existing interest rates. However, the focus will be on the Feder ...

On September 15, there was a positive momentum in the cryptocurrency market, even in the face of hotter-than-anticipated economic data and inflation concerns. Major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), and Tron (TRX) maintained their positive performance. ...

Coinbase, one of the leading cryptocurrency exchanges, is exploring the concept of "flatcoins," which its CEO, Brian Armstrong, believes could be the next evolution of stablecoins. In a recent interview with Yahoo Finance, Armstrong shared his thoughts on flatcoins, stating that they are "the next i ...

On this week's episode of “Macro Markets,” Cointelegraph analyst Marcel Pechman delves into a thought-provoking discussion on the United States Federal Reserve’s financial woes. Pechman opens by highlighting how the Fed is grappling with staggering losses and emphasizes a fundamental macroec ...

2023 has been a whipsaw year for investor sentiment and even though equities markets have defied expectations, a recent report from ARK Invest highlights reasons why the remainder of 2023 could present several economic challenges. ARK manages $13.9 billion in assets, and its CEO, Cathie Wood, is ...

Cryptocurrency exchange Binance is expanding its offerings in Latin America with the launch of a new crypto-to-bank account payment solution for the region.On Aug. 30, Binance said it's working with licensed transfer processing providers for its new “Send Cash” product that all ...

Bitcoin Dips Below $26K, Smaller Cryptos Head Lower on Fed's Powell's Hawkish Remarks Bitcoin (BTC) has slipped below $26,000 on Friday as investors have digested U.S. Federal Reserve Chair Jerome Powell's continued com ...

The former president said he never liked Powell. The politician accused the head of the regulator of criminal procrastination and ineffective agency policy. He also commented on Biden's economic decisions. Trump believes the latter could "wreck" the country. ...

Bitcoin (BTC) traders are currently not pleased with the recent price trends, especially due to the inability of its price to surpass the $30,500 mark over the last four weeks. This frustration is compounded by the fact that several requests for spot Bitcoin exchange-traded funds (ETFs) are eithe ...

The S&P 500 index is currently trading only 6% below its all-time high, which was reached in January 202. Traditionally, such a situation would be seen as a bullish sign for risk-on assets, including commodities and cryptocurrencies, but this time, it appears that investors have been using th ...

Warren Buffett and Bill Ackman are two of the most successful investors in the world, but they have taken opposing views on the bond market in recent months.Only one can be right. Billionaire investor Bill Ackman says he is shorting US ...

Bitcoin (BTC) shifted toward $30,000 on July 26 as the United States Federal Reserve delivered a fresh interest rate hike.BTC/USD 1-hour chart. Source: TradingViewBitcoin tames volatility ahead of Powell press conferenceData from Cointelegraph Markets Pro and TradingView showed BTC price p ...

Bitcoin (BTC) looked set to challenge range highs on July 13 as fresh macroeconomic data boosted risk asset bulls.BTC/USD 1-hour chart. Source: TradingViewPPI shows U.S. inflation retreating beyond expectationsData from Cointelegraph Markets Pro and TradingView followed the market a ...

On today’s Macro Markets show, veteran stock market and Cointelegraph analyst Marcel Pechman starts by analyzing Argentina’s 150% inflation, which proves that people continue to work and consume (somehow) even if their local currency loses its value.What is the lesson here? For starters, e ...

BarnBridge DAO members have been told to pause “all work” related to the project after a reported probe by the United States Securities and Exchange Commission (SEC).In a July 6 post to the platform’s Discord channel, Douglas Park, a lawyer for the decentralized autonomou ...

Base, a new layer 2 application-focused protocol by Coinbase, has just one criterion left to fulfill before being ready for mainnet launch.On June 29, the team said the Optimism-powered, Ethereum-secured network has been subject to six months of rigorous security audits — both intern ...

While many investors in the West may look to crypto to speculate the next biggest trend, blockchain technology is actually solving “real-world problems” in Africa such as hyperinflation and "corruption," executives told Cointelegraph.Speaking to Cointelegraph, Chris Maurice, fo ...

The team behind the Sui network and its native SUI token has denied allegations that they unlocked SUI staking rewards and “dumped” them on cryptocurrency exchange Binance .The Sui Foundation knocked back the claim in a five-part Twitter thread on June 27, stating tha ...

While an approved BlackRock spot Bitcoin (BTC) exchange-traded fund (ETF) will funnel new institutional money to Bitcoin, it's going to be the retail investors that ultimately drive any significant price surges, according to Michael Shaulov, the CEO and co-founder of institutional custody pl ...

Bitcoin (BTC) has been trading above $31,000 after its 24.3% rally between June 15 and June 23, which caught many off guard. For bears, that meant facing $165 million in short futures contract liquidations, but the unexpected rally also brought some degree of discomfort for investors using Bitcoi ...

The crypto market is up today, continuing gains from the Friday due to a mix of technical and fundamental factors.Oversold bounce across top crypto market assetsOn June 17, the crypto market's capitalization grew by over 2% to $1.05 trillion, up nearly 7.5% from the  $975.25 billion l ...

The huge volume of sovereign debt in developed countries (particularly the United States) is often exploited to promote questionable theories about imminent financial collapse.However, the problem is real, and it has become much more acute due to interest rates rising in response to entren ...

On June 6, Ethereum's native token, Ether (ETH), rose nearly 2.25% to around $1,825, compared to its June 5 low at $1,775. The bounce appeared synchronously with a similar move elsewhere in the crypto market. Interestingly, the move accompanied the U.S. Securities and Exchange Commission's ...

Right as analysts thought that Bitcoin (BTC) was on the cusp of showing signs of a price breakout, the crypto market took a turn to the downside after the SEC presented charges against Binance exchange. This has led some analysts to believe that the BTC price bottom is not yet in. Bit ...

Inflation in Turkey has reached 44% And residents seek salvation in BTC and stabelcoins The Turkish lira fell by more than 20% against the dollar after the elections. Now $1 sells for 20 liras. Over the past decade, Turkish fiat has lost more than 90% of its v ...

The management of the operator of the largest steblecoin by capitalization Tether announced the cooperation with the service KriptonMarket to promote USDT as a means of payment for small businesses in Argentina. KriptonMarket is working to improve access to stablcoin for ...

Banks in the South African country will be able to offer credit products using as collateral the newly issued state digital currency, secured by gold, announced the Zimbabwe Bankers Association. The digital money, the local central bank suggests, will eventually be used i ...

From 35,000 to 15,000 guests Some of the shows on the first day were barely a quarter full Low attendance was attributed to a "bear" and high ticket prices The cheapest ticket cost $999 Miami hosts perhaps the most important event of the c ...

The author of the bestseller "Rich Dad, Poor Dad" Robert Kiyosaki once again expressed fears about the possible large-scale recession, urging investors to invest in gold, silver and bitcoin. Robert Kiyosaki once again criticized the U.S. government on Twitter for incompet ...

It's First Republic, PacWest and Western Alliance Investor believes the U.S. will soon experience a recession Famous financier Michael Berry bought large stakes in regional U.S. banks earlier this year. Among other things, he bought the bankrupt First Republic ...

Hedge fund manager Paul Tudor Jones, who has always advocated investing in bitcoin, said that the first cryptocurrency has become less attractive in the current regulatory and economic situation. During CNBC's Squawk Box program, Paul Tudor Jones noted that U.S. regulators ...

The number of important macro releases this week is very high Let's outline the most important ones The past trading week was mostly characterized by price consolidation in the stock and cryptocurrency markets. And over the weekend, bitcoin made traders even m ...

Reserve Bank spent 140 kg of gold to secure coins And announced a new token sale IMF warns it is a direct threat to the state's coffers Zimbabwe spent about 140 kg of gold reserves to secure and conduct its first digital money sale. The project is des ...

Zimbabwean authorities issued a digital currency, providing it with a reserve of gold totaling 140 kg. And this despite a warning from the International Monetary Fund that this policy could deplete reserves. The central bank has al ...

MicroStrategy founder Michael Saylor said that bitcoin ownership has become a top priority and vital necessity for the entire world population. In a recent interview, Michael Saylor called bitcoin a solution to growing financial problems and a tool to give hope to eight bil ...

The International Monetary Fund called on the Zimbabwean authorities to replace the introduction of a digital state coin backed by gold with liberalization of the currency legislation. The IMF believes that the CBDC will not help solve macroeconomic problems such as the vol ...

The Bitget cryptocurrency exchange has become the fastest growing in the CIS. In just one year, the number of users has almost doubled, and already exceeds 8 million. Gleb Jowett, the head of Bitget in Eastern Europe, explained the exchange's nearest plans and why it is worth to become a partner ...

May 3 Fed Chairman Gave Press Conference In this article, we compiled the main topics that Powell touched on in his speech Federal Open Market Committee (FOMC) Chairman Jerome Powell held a press conference yesterday, May 3. Among other things, he talked about ...

The U.S. Central Bank has raised interest rates by 25 basis points The Fed's interest rate is now 5.25% The hike comes amid bank failures BTC has barely reacted to the decision The United States Federal Reserve is raising interest rates ag ...

During the Bitcoin Policy Summit, Ted Cruz, a prominent American senator, made a bold confession about his personal investment strategy. According to Cruz, he is a devoted investor in bitcoin, and he regularly purchases the popular cryptocurrency. The senator revealed that he currently holds s ...

The Reserve Bank of Zimbabwe (RBZ) has announced plans to introduce a novel gold-backed government cryptocurrency (CBDC) in a bid to stabilize the local currency. RBZ Governor Rjon Mangudiya has confirmed that the CBDC will be recognized as legal tender. By launching a digital currency linked ...

Cryptocurrencies rose in value for over a month. But in mid-April, the course graphs turned red again. The reason for this was a combination of negative factors, noticeable through fundamental and technical analysis. Bi ...

Robert Kiyosaki, the author of the highly successful book "Rich Dad Poor Dad," is a strong advocate for cryptocurrency, as well as gold and silver. He has voiced his mistrust of both the Federal Reserve System and the current US President. In a recent tweet, Kiyosaki stated that he believes Bi ...

Coinbase, the popular cryptocurrency exchange, is reportedly exploring the possibility of introducing a new type of stablecoin that is tied to inflation. This unique stablecoin, called a "flatcoin", would be pegged to the cost of living rather than the US dollar, like most stablecoins on the mark ...

According to Tether's CTO, amidst the current banking crisis and global economic uncertainty, Bitcoin's exchange rate may exceed its previous record of $68,000. Speaking at a conference in Paris, Paolo Ardoino noted that many traditional investors are now afraid of large banks collapsing. He a ...

Coinbase analysts have presented a report on the cryptocurrency market, expressing their confidence in the long-term strength of digital assets. The report considers three scenarios related to the actions of the US Federal Reserve: stopping interest rate hikes, a slight rate increase with further ...

The CEO of ARK Invest, Catherine Wood, has expressed her concern over the instability of the banking system and its potential impact on stablecoins, while noting the upward trend of bitcoin and ether. Wood has criticized regulators for not taking timely action to prevent a potential banking crisi ...

Robert Kiyosaki, the acclaimed author of the best-selling book Rich Dad Poor Dad, has recently voiced his support for the first cryptocurrency and predicted the collapse of the American economy. Kiyosaki has repeatedly emphasized the challenging times ahead for both the American and global econom ...