Inflation
Celsius CEO Reportedly Mulls Crypto Custody Pivot After Lending Business Imploded
Celsius CEO Alex Mashinsky proposed revamping the failed crypto lending business as a digital asset custody firm, according to a New York Times report. Plus, bitcoin (BTC) and crypto-linked stocks fall as U.S. inflation in August rose 8.3% from the previous year and 0.1% from a month ago.
Bitcoin Down Following August CPI Reading
Bitcoin’s temporary rally has come to an end as the U.S. CPI readings returned worse than expected. Data from TradingView indicates that bitcoin (BTC) nearly tested its 10-month bear market early Tuesday.
Crypto Exchange FTX Unusable for Some Amid Strain of CPI Turbulence
Cryptocurrency exchange FTX was unusable for some customers amid high trading volume following a closely-watched economic report on U.S. inflation. "The Hash" team discusses the latest hiccup and how FTX CEO Sam Bankman-Fried responded to users' concerns.
Bitcoin Tumbles After Higher-Than-Expected Inflation
Bitcoin (BTC) tumbled Tuesday along with other crypto stocks after U.S. inflation in August came in higher than expected. “The Hash” panel discusses the impact of the latest inflation read on the crypto and global finance markets.
Crypto’s Role in Argentina’s Financial Crisis
Exactly Finance co-founder and CEO Gabriel Gruber joins “Community Crypto” to discuss why Argentinians are turning to crypto as a potential tool for financial freedom amid an economic crisis in the country sending inflation soaring.
Lemon Cash Putting Argentina at ‘Forefront of Technology,’ Says Co-Founder
Lemon Cash co-founder and CBO Borja Martel Seward joins “Community Crypto” to discuss how the Argentinian crypto exchange is helping put “the entire country into the forefront of technology.”
ECB Raises Interest Rates by 75 BPs to Tame Inflation
Andre Portilho, Head of Digital Assets at BTG Pactual, discusses his crypto outlook as European Central Bank has raised interest rates by 75 basis points amid rising inflation. Plus, his comments on CoinDesk’s interview with SEC Chairman Gary Gensler.
