Bitcoin’s 20% Pump A Result of Reduced Consumer Index – Crypto Exec

Bitcoin’s recent 20% pump from a price of $16,000 to $21,425 signifies that investors are, once again, renewing their interest and confidence in cryptocurrencies, and comes after the latest inflation data showed a fall of 0.

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UK Inflation Drops from 41-year High but Food & Energy Prices Continue to Soar

Coinspeaker UK Inflation Drops from 41-year High but Food & Energy Prices Continue to Soar The latest UK inflation report showed a fall from 11. 1% to 10. 7%, lower than the 10. 9% analysts were expecting.

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Bitcoin and Ether Fall Slightly as Macro Clouds Loom Over Market

The market downturn is likely influenced by some de-risking ahead of Thursday's release of Consumer Price Index inflation, one crypto analyst says.

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Market Wrap: Bitcoin, Other Risk Assets Fall Again Following Disappointing Jobs Data

Investors are nervous about rampant inflation prompting yet another massive rate hike by the Fed, and the economic damage that might cause. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

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Market Wrap: US Inflation Data Roils Markets, Bitcoin and Ether Fall

Investors expecting a more significant improvement in inflation data were disappointed and showed it by selling. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

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Bitcoin, Ether prices fall sharply after hot US inflation data

Bitcoin fell below $21,000 or -9% to touch lows of $20,427 on Coinbase, while… The post Bitcoin, Ether prices fall sharply after hot US inflation data appeared first on CoinJournal.

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Bitcoin and Altcoins Spike as US Inflation Drops

The consumer price index report published by the Department of Labor shows that United States inflation dropped to 8.5% in July, marking a sharper fall from 9.1%. The post Bitcoin and Altcoins Spike as US Inflation Drops appeared first on BeInCrypto.

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Bitcoin tanks on highest CPI data since 1981 as BTC price dips under $19K

U.S. inflation comes in a full 0.3% higher than expected, causing a dollar strength spike and the euro to fall below parity with USD.

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Nothing is surprising about scale of Bitcoin’s fall (from a Bitcoin bull)

Let’s regather for a second and count the bearish happenings in the market right now: Inflation is exploding to such a degree that the 4th of July fireworks this weekend are likely to pale in comparison At the same time that inflation is exploding, the Fed is raising rates (and then backtracking…and then re-affirming the […] The post Nothing is surprising about scale of Bitcoin’s fall (from a Bitcoin bull) appeared first on Invezz.

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Bitcoin investors who can't 'bear' the price fall should take note of this

Is Bitcoin going up or down? Every analyst has their own answer and as investor sentiments get muddled, so does the king coin's price. Throw in war, a pandemic, inflation, and you have yet more factorThe post Bitcoin investors who can't 'bear' the price fall should take note of this appeared first on AMBCrypto.

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Bitcoin Reverses Wednesday's Gain Ahead of ECB Rate Decision, US Inflation

Any unexpected move by the ECB could trigger a fall in the market, one trader said.

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Bitcoin, Stocks Fall on Inflation Pacing 2008

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Bitcoin boon as US inflation hits 13-year high, wages fall to lowest in 21st century

It's grim news for economists and a bittersweet advertisement for Bitcoin this week after the latest CPI report.

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First Mover: As Wall Street Fixates on Inflation Hedges, Good Luck Finding Bitcoin

A wave of new bitcoin buyers is arriving just as easily-obtained supplies of the cryptocurrency fall to their lowest levels in more than three years. 

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Consumer Prices Set to Fall, Mute Inflation?

Inflation pressure could be weak even after consumer demand for non-discretionary goods and services begins to grow as the economy gets back on its feet.

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Bitcoin Halving: How to Join the Next Wave of Crypto Millionaires

In May 2020, Bitcoin will undergo its third halving event, reducing the block rewards from 12. 5 BTC down to 6. 25 BTC. At this time, the BTC inflation rate will fall to its lowest-ever levels as fewer newly minted bitcoins enter circulation.

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EOS May Slash Inflation and Burn $100 Million of Unused Crypto

The EOS community is pressing for the cryptocurrency’s annual inflation rate to be reduced. Right now, EOS experiences a yearly inflation rate of 5%, which could rapidly devalue the token.

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Ethereum Price Analysis - Miners getting squeezed

Ethereum network fundamentals are on pause once again as the Constantinople hard fork has been delayed until February 27th. A reduction in ETH issuance will affect not only the annual inflation but also mining profitability.

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Bitcoin Halving Will Make it Less Inflationary and Far More Valuable

The countdown has been ticking for some time now and it is currently 471 days until the Bitcoin block reward halves. This milestone in the evolution of the world’s most popular digital currency will also make it far less inflationary than most of the current central bank’s targets.

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Op Ed: It’s Time to Reject Mediocrity, #ExitFiat and Embrace Bitcoin

When the towers in New York fell, I became obsessed with economics. I wanted to follow the money to understand what happened on that dreadful day. During that time of inquiry, I found myself very interested in Austrian economic theory.

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Stocks Fall, Dropbox Down 7%, Intel Down 2.5%, Inflation Up, Cryptos Down

Red greets most markets today over some concerns regarding a plunge in Turkish Lira which has fallen around 20%. Most stocks are down today. Some due to a general sell-off,. . . The post Stocks Fall, Dropbox Down 7%, Intel Down 2.

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Venezuela’s Move to Crypto and away from State Sanctions and Inflation

In order to curb inflation in Venezuela, five zeroes will be removed from the national currency, the Bolivar according to July 26, 2018, reports. Furthermore, the value of the money will reportedly be tied to the government-controlled cryptocurrency, the Petro.

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The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin

As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name.

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Jeff Garzik on His Newest Venture and Keeping Time With an Evolving Space

Jeff Garzik first tuned the world into his latest venture in the fall of 2017. The Bloq co-founder unveiled Metronome (MET), a cryptocurrency he founded alongside Matthew Roszak, at the Las Vegas Money 20/20 conference in late October, and the project caught the attention of Bloomberg and Fortune at the time.

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