Nigeria’s House of Representatives has moved a motion calling on the country’s central bank to end the continuing devaluation of the naira. In his unanimously
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Bitcoin boon as US inflation hits 13-year high, wages fall to lowest in 21st century
It’s grim news for economists and a bittersweet advertisement for Bitcoin this week after the latest CPI report.
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Can a rising CPI boost Bitcoin? 3 reasons BTC price is rebounding above $36K
Economists expect the annual Consumer Price Index (CPI) to climb to 4.7%.
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Deutsche Bank Warns: Ignoring Rising US Inflation Akin to ‘Sitting on a Time Bomb’
Deutsche Bank published a report Monday noting that the United States is facing “the very real specter of consumer-driven inflation.” The bank’s chief economist David
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Bitcoin is risky digital ‘copper’, it’s not gold — Goldman Sachs commodities boss
Jeff Currie, the global head of commodities research at Goldman Sachs, described Bitcoin as a “risk-on” asset that is similar to copper as a hedge
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2 Bitcoin price indicators suggest BTC has not bottomed yet
Traders are using a variety of strategies to determine whether Bitcoin price has bottomed, but on-chain activity and derivatives data hint that the situation remains
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