Inflation
Turkish President Calls for Metaverse Research
Turkish President Recep Tayyip Erdoğan has ordered the ruling Justice and Development Party (AK Party) to conduct a study on the metaverse, cryptocurrencies, and social media. This comes amid Turks flocking to crypto to escape the plunging lira as inflation hits a 19-year high. "The Hash" squad reacts, discussing the significance of Turkey potentially considering a metaverse strategy.
Is Bitcoin Still a Good Inflation Hedge?
A key U.S. inflation report published Wednesday indicates consumer prices increased 7% in December from a year earlier at its fastest pace since June 1982. Separately, Turkey's annual inflation rate has hit 36%, soaring to a 19-year high. Isaiah Douglass, a partner at Indiana-based financial planning firm Vincere Wealth Management, discusses whether bitcoin is still considered a potential hedge against rising inflation, how investors should best allocate funds between dollars and Bitcoin.
US Inflation Rose to Nearly 4-Decade High of 7% in December
The U.S. Labor Department's consumer price index (CPI), the most widely used gauge for tracking inflation, rose to an annual clip of 7%, hitting predictions made by economists. This marks the highest increase since June 1982 and topping November's 6.8% increase. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Investors Seeking Inflation Hedge as US CPI Number Reached Highest Level in 40 Years. Is Bitcoin Still a Good Choice?
Prices rose at the fastest pace since 1982 in December, up 7% from a year ago. PwC Global Crypto Lead Henri Arslanian discusses what this means for investors and the crypto markets.
Bitcoin IRA Survey Shows 1 in 3 Americans Think BTC Will Reach $100K by End of 2022
Bitcoin IRA Chief Operating Officer Chris Kline dives into some key findings from its crypto investors survey for the start of 2022. Kline says highlighting inflation was the leading reason for retirement investors flocking to the crypto space. Plus, why one in three Americans think bitcoin price will reach $100,000 in 2022 in his survey.
Genesis Volatility CEO: 2022 Market Insights
Greg Magadini, CEO of crypto options analytics platform Genesis Volatility, starts off the new year with a discussion about inflation's effect on crypto markets and compares gold and bitcoin as inflation hedges. Plus, his insights on how BTC returns weigh up to the S&P 500 and the potential of Polkadot as a competitor to Ethereum and Solana.
