Crypto2 Min Read Bunmi Estheron5 months ago Hammack Flags Inflation Worries Amid Rate Cut Push Fed’s Hammack says inflation remains too high for a July rate cut, pushing odds below 5% as policymakers urge patience. According to Beth…
Crypto3 Min Read Bunmi Estheron6 months ago US PCE Inflation Softens To 2.1% On Social Benefits US PCE inflation hit 2.1% in April, driven by rising wages and benefits, prompting a cautious response from the crypto market. The Bureau of…
Business Crypto2 Min Read King Davidon6 months ago Economist Forecasts Persistent Inflation Surge Economist warns of a new long-term inflationary regime, the worst in 30 years, set to reshape global markets and economies. It is important to…
Crypto2 Min Read Bunmi EstheronNovember 17, 2024 Inflation Rises In US As Bitcoin Hits Record High US dollar inflation hit 2.6% in October, up from 3.5% in March. Could this signal a re-coupling of stocks and Bitcoin’s bear market? The most…
Crypto2 Min Read Bunmi EstheronNovember 14, 2024 US PPI Rise 2.4%; Impact on Bitcoin Unclear Latest data shows US PPI inflation at 2.4%, above forecast, dampening investor sentiment due to its potential impact on the Bitcoin rally.…
Crypto2 Min Read Ruth OkarteronSeptember 23, 2024 Bitcoin Faces $80K Hurdle, ATH May Be Higher Although it did not surpass the inflation-adjusted value of 2021, Bitcoin did hit a new all-time high of $73,880 in USD terms earlier in 2024.…
Crypto2 Min Read Ruth OkarteronSeptember 19, 2024 Fed Rate Cut Could Fuel Inflation, Analyst Warns BitMEX co-founder Arthur Hayes suggests the recent Fed rate cut by the US Federal Reserve was likely driven by politics and could impact…
Tech2 Min Read James EmmanuelonAugust 12, 2024 Americas Markets Hope Inflation Remains Stable An Analysis of the Upcoming Day in the Global and U.S. Markets The Federal Reserve’s ability to meet heightened expectations for its…
Tech3 Min Read James EmmanuelonJune 14, 2024 Ethereum Rally to $3,700 Unlikely: Derivative Metrics Say No Despite the potential spot ETF and recent macroeconomic data, Ether derivatives were unable to sustain elevated optimism levels Ether ETH…
Tech2 Min Read James EmmanuelonJune 12, 2024 Gas Prices Decline, Helping Cool Inflation in May According to data released by the Bureau of Labor Statistics on Tuesday, declining petroleum prices significantly reduced consumer price…
Crypto2 Min Read Ruth OkarteronJune 12, 2024 Bitcoin Tops $69,000 After Upbeat US Inflation Data Bitcoin surges above $69,000 as core inflation drops to its lowest since April 2021, driven by better-than-expected US Consumer Price Index…
Business2 Min Read Caleb OgwucheonMay 22, 2024 Oil Falls Over $1 as Fed Rate Outlook Raises Demand Concerns Oil prices declined by over $1 on Tuesday, compounding losses caused by the possibility that persistent U.S. inflation will prolong interest…
Crypto2 Min Read Ruth OkarteronMay 19, 2024 Bitcoin Selling Pressure Dips, Demand Steadies: CryptoQuant Bitcoin selling pressure is declining, as shown by over-the-counter (OTC) desk balances and on-chain activities of short-term holders. The…