Tag: Inflation

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Bitcoin News

Russian State Duma Eyes Strategic Bitcoin Reserve Initiative

Tkachev indicates a Bitcoin reserve to ensure Russia's financial stability. Russia's crypto policies are evolving, including tax breaks and mining authorization. Russian State Duma...
News

Shiba Inu Reveals Shib Torch for Automatic Shib Burn on Shibarium

Shiba Inu released ShibTorch, a burn gateway that depletes SHIB supplies. ShibTorch incorporates EIP-1559 features to manage transaction fees and trigger burns. The long-awaited...
Bitcoin News

Inflation is Rising Again; Could BTC Benefit?

According to a recent report issued by the U.S. Bureau of Labor Statistics, a 3.2 percent rise in the Consumer Price Index (CPI) occurred...
Bitcoin News

May Has Been the Worst Month for Bitcoin This Year

Bitcoin experienced its first monthly loss of 2023 in May following several solid months of growth due to macroeconomic uncertainty. Bitcoin Had Its Worst Month...
Bitcoin News

Paul Tudor Jones: BTC’s Days as an Inflation Hedge Are Over

The idea that bitcoin was always a hedge against inflation has been rather prominent amongst crypto fans for the past few years. Now, according...
Bitcoin News

Bitcoin Shoots Up as Inflation Slides a Tad

Bitcoin endured a slight rise in mid-May after numbers emerged suggesting inflation was potentially easing up. Inflation May Be Dying Down a Bit Regions like the...
Bitcoin News

BTC Falls Following High Inflation in the U.K.

The prices of bitcoin, several crypto stocks, and other leading altcoins have fallen somewhat at the time of writing following fears surrounding higher-than-expected inflation...
Bitcoin News

Federal Reserve Hikes Rates Again, What Will Happen to BTC?

The Federal Reserve hiked rates another 0.25 basis points in late March. The decision came in light of the banking failure occurring within America’s...
Bitcoin News

Could a Strengthening Economy Hurt Bitcoin?

Bitcoin has had a great year thus far, but there are some that say with the economy getting stronger, the present rally it’s enjoying...
Bitcoin News

The Federal Reserve Is Expected to Implement Tactics That Could Help BTC

The price of bitcoin has shot up in recent weeks and is now trading for over $17K. There is high anticipation that another bull...
Bitcoin News

Inflation Is Having Harsher Effects on BTC

A new inflation report is expected to show rates rising approximately 6.5 percent in September, roughly .2 percent higher than what occurred in August....
Bitcoin News

Cathie Wood: Bitcoin Can Aid an Ailing Economy

Cathie Wood of ARK Investment Management says the economy is heading into a downward spiral, and only bitcoin can help it. Cathie Wood Still Thinks...
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