Inflation
Live updates: Bitcoin slips back even as Fed rate hike expectations dwindle
An in-depth analysis of the U.S. CPI released Wednesday suggests the underlying price pressures remain sticky.
U.S. CPI inflation slows to 3.4% as expected, bitcoin holds near $64,000
Both headline and core inflation matched economists’ expectations, while bitcoin held near $64,000 and Treasury yields declined.
U.S. June CPI fell 0.4%, likely cooling move toward Fed rate hikes
This morning's report could go a long way toward determining whether the Federal Reserve raises interest rates at its late-July meeting.
Live markets: Bitcoin dips below $80,000 as producer price inflation surges to 6%
U.S. PPI surged well above forecasts in April, reviving concerns that rising oil prices and Iran-related supply risks may feed another inflation wave.
eBay rejects GameStop's $56B bid
eBay's board rejected GameStop's $56 billion takeover bid, calling it "neither credible nor attractive." Now questions are growing over whether CEO Ryan Cohen will sell the company's $368 million bitcoin position to make the deal look more credible. CoinDesk's Sam Ewen hosts "CoinDesk Daily."
Hot inflation data pours cold water on Federal Reserve rate cut hopes
Bitcoin was trading at $80,814 following the news, down 1.2% over the past 24 hours.
Iran war oil-price shock revives inflation trade and a new stablecoin play
As oil shocks revive investor anxiety, stablecoins solved payments, but not purchasing power, says Michael Ashton, who's USDi token aims to fix that.
Bitcoin gains after core CPI rose a less-than-forecast 0.2% in March.
Headline inflation rose 0.9% last month, driven by the sharp rise in energy costs due to the Iran war.
Bitcoin supply approaching 20 million: The final million will take another 114 years to mine
Out of a fixed maximum supply of 21 million coins, more than 95% of all bitcoin that will ever exist is now in circulation.
