Bitcoin, Ether Dip in ‘Bearish Asia Session’ as China Rate Cut Fails to Inspire Risk Buying
Bitcoin has carved out most of its year-to-date gains during the American hours. Bitcoin and ether were again trading lower in Asian hours, continuing the…
Tag: inflation
Inflation Is Rampant. Is It Time to Buy Bitcoin?
Bitcoin has shown an increasing tendency to track interest rate hikes, but professional investors still think record-high inflation is fleeting. Inflation has hit its highest…
Jerome Powell’s Coming Inflation Speech May Weigh On Dollar and Boost Bitcoin: Analysts
U.S. Federal Reserve Chair Jerome Powell is expected to bolster expectations of inflation during his keynote speech at the Jackson Hole Economic Policy Symposium on…
MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
Publicly traded business intelligence firm MicroStrategy purchased 21,454 bitcoin on Tuesday, effectively pouring all $250 million of its planned inflation-hedging funds into the digital currency.…
Why Bitcoin-Like Scarcity Would Be a Disaster for the Dollar
Frances Coppola, a CoinDesk columnist, is a freelance writer and speaker on banking, finance and economics. Her book “The Case for People’s Quantitative Easing” explains…