Tag: inflation

Key Bitcoin Price Outlook The bitcoin price briefly surged above $61,000 on Tuesday. The climb surfaced as a part of an upside weekly session, as traders' appetite for safe-havens surged ahead of key US inflation data. Technically, the cryptocurrency shied away from confirming a price breakout to the upside. Bitcoin rallied above $61,000 on Tuesday. The flagship cryptocurrency's upside move was brief...

As currencies inflate in value, Bitcoin serves as a pressure relief valve, allowing capital to escape.As small-cap currencies inflate, Bitcoin gains adoption.Bitcoin is the first fully sovereign digital currency. This means that anyone in the world with an internet connection and a computer can download the protocol and start running it. Maybe they want to invest in the technology, maybe they...

Key Bitcoin Takeaways Bitcoin flirts with $60,000 for a breakout move. The cryptocurrency is trending inside a classically bullish 'Ascending Triangle' pattern. Coinbase's listing on Nasdaq, US inflation data update this week promises further upside. Bitcoin has...

Bitcoin (BTC/USD) is paring a portion of its recent gains entering the new weekly session, trading just a little over $57,000 after breaching $60,000 last week....

Bitcoin went into an upside mania in the first quarter of the year. The flagship cryptocurrency surged by roughly 102 percent as investors showed no fears of risk-taking. On the contrary, they embraced it as interest rates on government bonds rose but remained near their historically low levels. New rounds of government stimulus packages further pushed investors to risky corners of the market,...

Recent comments from Chamath Palihapitiya indicate that he doesn’t understand how inflation or monetary sovereignty really work.While billionaire Chamath Palihapitiya has been an early, vocal proponent of Bitcoin for nearly a decade now, his grasp of Bitcoin's ethos seems to be fraying. Setting aside his recent snafu with Bitcoin veteran and...

Bitcoin could continue playing its global safe-haven hedge role as a Wall Street veteran blasts off Jerome Powell and his pro-inflation policies in his latest opinion editorial. The benchmark cryptocurrency could rise as Andrew Parlin, founder/chief investment officer at Washington Peak Investment Advisors in New Jersey,...

“Why won’t bitcoin die?” is a common question I’ve heard asked throughout the years by people sitting on the sidelines watching the bitcoin price hectically rise and fall, time and time again. The mainstream media will tell you that bitcoin is a speculative bubble, your financial advisor will tell you that you’re wasting your time by investing in it, your friends and family...

Bitcoin is not a speculative bubble fueled by degenerate gamblers. It’s capital flight from collapsing fiat currencies.“Why won’t bitcoin die?” is a common question I’ve heard asked throughout the...

Searching For The Roots Of Bitcoin’s Narrative If we are to understand bitcoin’s meteoric rise, we must return to 2008. After all, the world’s largest cryptocurrency by market capitalization is a child of the global financial crisis (GFC). Once Lehman Brothers went into bankruptcy, many banks and financial institutions across the globe followed. Governments all over the world soon...

The cryptocurrency was designed to counter the harms of inflation, but is this really such a big issue?

The central bank doesn’t want to pull back asset purchases just yet, Powell said Wednesday.

Comments from Fed chair Jerome Powell could tell bitcoiners how committed the central bank is to staying the course on low interest rates through the rest of the year.

For quite a long time period it was a common practice among some investors considered to invest some of their holdings in gold or other valuable commodities. It is right to some extent as gold is a good option to save your portfolios from inflation and stock market drops. And what is an interesting thing to notice is that the same idea is...

Bitcoin searches have seen an unprecedented rise in Argentina when compared to the rest of the world, and many believe the reason could be its annual inflation rate which is currently about 40%. People from financially troubled...

Bitcoiners are looking for persistent USD inflation to validate their favorite asset. That’s unlikely to happen soon, economists say, but low interest rates are still a boon for BTC.

Commentators and analysts who say bitcoin is in a “bubble” show they don’t understand what the term means.

Morgan Stanley's approximately $500 million investment in Microstrategy Inc. may come as a surprise to many. Not veteran investor Ben Miller, however. That's because betting on the firm in its current form is also a bet on Bitcoin. Buy MSTR, Buy Bitcoin Microstrategy Inc. was one of the...

What a new package including more direct payouts to citizens plus big infrastructure spending mean for bitcoin and markets as a whole.

After Joe Biden's inauguration on Jan. 20, an expected raft of new stimulus measures may further boost bitcoin's rally, say analysts.