Inflation
Fed Sees 3 Rate Hikes Next Year, Will Accelerate Bond-Buying Taper
The Federal Reserve said Wednesday it would see three interest rate hikes in 2022 and accelerate the pace of its tapering of bond purchases to combat inflation. CoinDesk’s Director of Professional Content, Galen Moore, discusses the potential impact of the Fed announcement as possible headwinds for bitcoin and the wider crypto markets.
Why Bitcoin Is ‘In a Great Moment’ Despite Tumbling Ahead of Fed Meeting
Marcelo Sampaio, CEO & co-founder of crypto asset manager Hashdex, discusses his bullish outlook for bitcoin despite investor jitters growing over the upcoming Fed decision on combating inflation. Plus, the state of crypto in Latin America and thoughts on stablecoins following Tuesday's Senate Banking Committee hearing.
Bitcoin supera los $47.000 a la espera de una reunión de la Reserva Federal
Los inversores cripto parecen estar optando por eliminar el riesgo, ya que se espera que la Reserva Federal acelere la retirada de su estímulo monetario ante el rápido aumento de la inflación.
US Inflation Jumps to Highest Point Since 1982
New data from the U.S. Bureau of Labor Statistics shows the Consumer Price Index (CPI) for all items rose 6.8% in the 12 months through November, the highest since May 1982, when it was 6.9%.
What's Behind This Week's Ebbs and Flows for BTC?
Bitcoin's price has fluctuated wildly this week, trading in the $46K-$53K range. What's behind the movements? "All About Bitcoin's" Week in Review panel discusses the week's events that potentially impacted the price of bitcoin and the wider crypto markets, including Evergrande's collapse and rising inflation. Plus, a review of CoinDesk's Top 10 Most Influential 2021 list, with the spotlight on the Taproot developers.
Why Is Bitcoin Dropping if It’s an ‘Inflation Hedge’?
Someday, the orange coin’s fixed supply may make it a safe haven. Today is not that day.
Bitcoin Under Pressure, Two-Year Treasury Yield Rises to 21-Month High as US Inflation Report Looms
The previous CPI report released last month saw volatile bitcoin trade in the $63,000-$69,000 range.
US Inflation Jumps to 39-Year High of 6.8% in November; Bitcoin Falls
Prices for bitcoin, seen by a growing number of investors as a hedge against inflation, jumped 2% after the CPI report from the U.S. Department of Labor’s Bureau of Labor Statistics.
Bitcoin Rises as US Inflation Jumps to New High of 6.8% in November After 39 Years
The U.S. Labor Department’s Consumer Price Index (CPI), closely tracked by bitcoin traders, rose 6.8% in the 12 months through November, the highest since May 1982. Bitcoin jumped 2% in the minutes after the news. "The Hash" panel explains the impact of inflation on the global economy and what it means for the crypto market.
