Tag: inflationary
First Mover Asia: Crypto Rally Fizzles Amid Widespread Inflationary Concerns
(Edited by James Rubin)Good morning. Here’s what’s happening this morning:Market moves: Bitcoin’s relief rally” appears to be temporary, after majo [...]
US PPI Advances 0.8% to Beat Estimates, Reinforces Widespread Inflationary Pressures
US Producer Price Index (PPI) up 0.8% for November vs 0.5% ExpectationThe index for final demand services rose 0.7 percent in November, the eleven [...]
Ripple CEO blasts Dogecoin for ‘inflationary dynamics’
The CEO of Ripple, the company behind the XRP cryptocurrency, is not a fan of the meme-based digital currency Dogecoin (DOGE).Brad Garlinghouse bel [...]
First Mover Asia: Bitcoin Continues Its Drift Below $60K as Investors Eye Shoppers’ Response to Inflationary Pressures, Biden Pick for Fed Chair
Good morning. Here’s what’s happening this morning:Market moves: Bitcoin continues to drift below $60,000 as Biden tees up his pick for Federal Res [...]
Inflationary winds from around the world spell a sea change for Bitcoin
Is the global economy in uncharted territory now vis-a-vis Bitcoin (BTC) and inflation? During most of the cryptocurrency’s brief life, the economi [...]
Elon Musk warns of ‘strong inflationary pressure’ as Tesla mulls Bitcoin payments
The world faces "strong inflationary pressure" in the short term and it may persist, warns the world's richest man.In a debate about inflation, som [...]