Cryptocurrencies are now showing signs of being an asset class amidst growing adoption. The current trend shows that investors initially opposed to Bitcoin and cryptocurrencies have become more open t...
Tag: Inflation
As US Inflation Skyrockets White House Blames Monopolies, Economist Calls for Price Controls – Economics Bitcoin News
U.S. inflation is red hot and a number of analysts and economists are predicting America will face further economic issues as politicians and the Biden administration blame corporations. This perspect...
Stocks Rally To Start 2022 As Investors Bet On Economic Recovery
Topline The stock market started off the new year on a high note Monday, rising slightly as investors bet the U.S. economic recovery will continue despite a surge in Covid cases over the holiday seaso...
Inflation Soars To 19-Year High As Lira Slump Continues
Topline Turkey’s annual inflation soared to a 19-year high in December, according to government data, part of an escalating crisis driven by unorthodox monetary policies touted by President Recep Tayy...
Inflation will rise as people chose Bitcoin
TL;DR Breakdown Jeremy Siegel, a professor at the University of Pennsylvania, has said inflation will bite the US economy. He also hinted that the younger generations prefer bitcoin to Gold. Jeremy Si...
BTC Price to Moon-Shot on Jan 12th? How Bitcoin Might React to Winter Inflation?
The US and European markets glide in caution ahead of crucial interest rate hikes by the US Fed. The rising inflation has turned out to be mounting cold feet for Bitcoiners around the world, specifica...
More billionaires turning to crypto on fiat inflation fears
Previously anti-crypto investors are increasingly turning to Bitcoin and its brethren as a hedge against fiat currency inflation concerns. One example is Hungarian-born billionaire Thomas Peterffy who...
Wharton’s Professor Warns About Inflation, Predicts Many Rate Hikes, Says Bitcoin Has Replaced Gold for Millennials – Economics Bitcoin News
A finance professor at the Wharton School of the University of Pennsylvania has warned about inflation and the Fed hiking rates many more times than the market expects. He also said that bitcoin has b...
Bitcoin cash as an anti-inflation tool?
According to some analysts, alongside Bitcoin, there would be a cryptocurrency that could have more value as an anti-inflation tool, Bitcoin Cash (BCH), which was one of the forks of Bitcoin. Inflat...
10 things that will be more expensive in 2022
One thing is for sure: 2022 is going to cost you. Between inflation and ongoing supply chain issues, prices are rising on consumer goods nearly across the board. “I really don’t think ther...