Inflation

Inflation

Markets

Bitcoin Bounces to 200-Day Moving Average Ahead of US CPI Data as China’s Evergrande Warns of Default

Report is likely to show U.S. inflation continued to run hot in August.

bounce

Markets

Key US Inflation Gauge Slips to Slowest Pace in 6 Months, Bitcoin Rises

Core CPI, which excludes energy and food prices, rose 0.1% last month, the slowest pace since February.

Credit: Emilio Takas/Unsplash.

Videos

What to Expect From Tuesday’s Senate Banking Committee Hearing

The Senate Banking Committee is holding its oversight hearing of the SEC Tuesday, with Chair Gary Gensler testifying as the sole SEC Commissioner to do so. CoinDesk’s Nikhilesh De discusses the specifications and potential outcomes. Plus, his take on tapering ahead of Tuesday’s updated inflation numbers.

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Markets

Cuáles son las monedas que podrían reemplazar al dólar como principal reserva de valor

La participación de la moneda estadounidense en las reservas mundiales no ha dejado de disminuir desde hace años. ¿Tomará el euro, yuan o bitcoin su lugar en el centro de las finanzas mundiales?

Durante medio siglo, Estados Unidos pudo convertir al dólar en la base de un sistema mundial de tipos de cambio. Ahora, China quiere hacer lo mismo.

Markets

Cathie Wood vs. Michael Burry Isn’t About Tesla – It’s About Inflation

Two top-tier investors are clashing over the potential of innovative "growth stocks." But what they're really talking about is the Fed.

Money Printing 100 US Dollar Banknotes Illustration. 3D render

Markets

Ranking the Currencies That Could Unseat the Dollar

The dollar's share of global reserves has declined steadily for years. Will the euro, yuan or bitcoin take its place at the center of global finance?

Durante medio siglo, Estados Unidos pudo convertir al dólar en la base de un sistema mundial de tipos de cambio. Ahora, China quiere hacer lo mismo.

Markets

50 Years After Bretton Woods, the US Dollar's Throne Is in Play

The greenback's share of world reserves is dropping steadily. The euro, yuan and bitcoin are all in the running to pick up the slack.

U.S. President Richard Nixon took the U.S. dollar off the gold standard in 1971.

Markets

Market Wrap: Bitcoin Slides as US Lawmakers Wrangle Over Crypto Tax Proposal

Analysts said the market doesn't have much of an appetite now for bitcoin above $46,000 or for a massive selloff.

bitcoin price

Markets

Market Wrap: Bitcoin Rallies Despite Cooler Inflation Data

The crypto reached its highest level since mid-May.

bitcoin price - Aug. 11