2023-4-27 18:55 |
A brisk slowdown in GDP fails to offer any direction for crypto markets, with Bitcoin slowly clawing back lost ground below $30,000.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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Coinspeaker Bitcoin Stays Stagnant with Strengthened DXY Negative Correlation as US GDP Slows The US Commerce Department's recent shows that economic growth and GDP have slowed even as Bitcoin struggles to regain $30,000.
2023-4-27 18:22 | |
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The 90-day correlation coefficient between the two has declined to -0.70 from -0.11 four weeks ago, hinting at a strong inverse relationship.
2023-4-27 14:06 | |
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Also: Ether traded flat above $1,600. Equities closed up after solid GDP data.
2023-1-27 01:55 | |
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Bitcoin has never seen this particular "death cross" before in its life, one analyst notes as BTC price weakness continues.
2022-12-22 18:28 | |
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A surprisingly strong GDP report did little to ease investor concerns about inflation and the possibility of a steep recession. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.
2022-10-28 00:12 | |
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Ethereum (ETH) and Bitcoin (BTC) see more volatility after most recent U.S. GDP report
2022-10-27 16:51 | |
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Any growth in gross domestic product might be negative for the bitcoin market, since the Federal Reserve will have to keep raising interest rates to bring down inflation – typically bad for prices of risky assets.
2022-10-28 15:32 | |
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Many people are reacting differently to the current condition of Bitcoin and the global economy. In the past two consecutive quarters, the US has posted negative GDP, leading to a rate spike by the Feds.
2022-8-13 00:00 | |
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Growth in the U.S. economy slows, the yield curve inverts but markets push higher anyway.
2022-7-29 00:06 | |
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The top two largest cryptocurrencies by market cap, Bitcoin and Ethereum, appear to have entered new uptrends despite the news that the U.S. economy has entered a so-called “technical recession.”...
2022-7-29 21:48 | |
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The United States GDP readout for Q2 meets the definition of a recession, despite comments from both the Fed and lawmakers.
2022-7-29 17:11 | |
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The latest price moves in crypto markets in context for July 28, 2022.
2022-7-28 16:55 | |
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With the Fed ditching forward guidance, data releases like GDP and inflation could inject more volatility into markets than ever.
2022-7-28 12:12 | |
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With the Bank of Japan trying yield curve control, negative GDP growth in the United States and cracks showing in the eurozone, bitcoin looks like a smart bet.
2022-7-1 07:00 | |
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The statement appears as Jerome Powell keeps the door open for a 0.5% rate hike in the summer and Fitch Ratings warn about a major slash in the U.S. gross domestic product (GDP).
2022-3-4 15:43 | |
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Salvadoran President Nayib Bukele previously announced that El Salvador’s GDP grew over 10% in 2021.
2022-2-23 15:45 | |
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The data is in and El Salvador’s president is beaming ear to ear after his gamble with Bitcoin has earned impressive results. For the first time in the country’s history...
2022-2-22 20:09 | |
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Bukele argues that his country’s embrace of Bitcoin aims to spur development and reduce the fees paid by Salvadorans abroad sending remittances back home, which make up nearly a quarter (22%) of El Salvador’s GDP.
2021-12-17 09:00 | |
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MoneyGram, Western Union and similar companies have been eating away 1.5% of El Salvador's GDP on remittance fees annually; will this change with Bitcoin adoption?
2021-9-10 13:24 | |
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The US central bank has made no decision regarding the timing of the tapering; as such, the market has now shifted its focus on the Jackson Hole conference of central bankers in late August. The post Bitcoin Chills Around k as USD Slides After Fed Says It Has A Ways to Go Before Tapering Ends; GDP Rises Slightly, Better than Q1 first appeared on BitcoinExchangeGuide.
2021-7-29 17:11 | |
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Crypto market has surpassed the $2. 4 trillion market cap where Bitcoin alone touched to the height of S1. 10 trillion exceeded Mexico’s GDP stood around $1. 09 trillion. Digital assets that outperformed all other asset classes in times of corona Pandemic geared up investment trends in crypto assets.
2021-7-20 11:00 | |
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Documenting Bitcoin, an account that traces remarkable moments in Bitcoin's (BTC) progress, celebrates another milestone for flagship cryptocurrency
2021-4-1 17:53 | |
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2021-2-18 21:08 | |
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Why Bitcoin will replace US Dollar as the World's Reserve Asset is as much a story of the United States Dollar, as it is of Bitcoin. It started when United States GDP was a third of the world's GDP anThe post Why Bitcoin will replace US Dollar as the World's Reserve Asset appeared first on AMBCrypto.
2020-12-10 18:00 | |
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Venezuela’s peer-to-peer bitcoin activity has been extraordinary, whether measured as an absolute or relative to GDP, according to CoinDesk Research data.
2020-11-12 23:42 | |
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Pantera's Dan Morehead looks at negative images of GDP charts and counts words in Satoshi Nakamoto's white paper to chronicle bitcoin's "movement."
2020-10-31 16:05 | |
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The enthusiasm jolt from bitcoin's ascent toward $14K ran into realism, and options traders see low probabilities of a new price record this year.
2020-10-30 15:56 | |
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Bitcoin is becoming increasingly popular in South Africa, a country in depression where the GDP has fallen by some 20% after stagnating for half a decade, growing by just 1%....
2020-10-16 16:18 | |
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Bitcoin price could attempt a close above $10,000 as Morgan Stanley predicts a V-shape global recovery by the fourth quarter. Economists at the investment banking giant expect global GDP to shrink by 8.
2020-6-15 15:47 | |
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The great monetary expansion is underway, with the G4 central banks now holding nearly 50% of GDP on their balance sheets. What role will Bitcoin play? Central Banks See Unprecedented... The post How Will Bitcoin Fit in the Great Monetary Expansion? appeared first on Crypto Briefing.
2020-6-2 13:02 | |
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Bitcoin wobbles around $7,000 as global markets continue to produce historical weakness signals
2020-4-19 18:54 | |
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Криптоаналитик Вилли Ву определил, что в течение года через блокчейн биткоина передается стоимость, примерно равная 1% от мирового . Apologies for the mistake. $8.8T for Visa. So roughly: Visa: 10% world GDP (payments) Bitcoin: 1% world GDP (investment flow) Bitcoin’s investment flow (aka annual investment velocity) is presently growing an order of magnitude (10x) every […]
2020-2-19 15:27 | |
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The U.S. budget deficit has shot up 55% as a percentage of GDP since the 1960s
2020-1-26 12:27 | |
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Our debt-ridden world economy continues to stack up more IOUs. According to recent estimates, the global debt is now around $253 trillion or 322% of GDP — a record high that Bitcoin is wagging its finger at.
2020-1-18 01:10 | |
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Those who consider Bitcoin sound money will benefit from Baby Boomers to the tune of three times of U.S. GDP
2020-1-4 15:58 | |
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Global debt has reached unprecedented levels this year. The International Monetary Fund (IMF) has reported that debt has surged to $88 trillion—230 percent of global GDP. The news is harrowing, given previous large-scale debt cycles.
2019-12-22 13:43 | |
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The German economy, the largest and most influential in Europe, narrowly missed falling into recession last quarter. But with quarterly GDP growth averaging a little over 0% since the third quarter of last year, the Old Continent’s economic powerhouse is facing stagnation.
2019-11-15 07:00 | |
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Recently, cryptocurrency network and market data provider, CoinMetrics, published the 24th issue in their State of the Network series. The report talks about the complex crypto-economy of Bitcoin, andThe post Bitcoin's 'nominal GDP' possibly equivalent to world's 140th biggest economy appeared first on AMBCrypto.
2019-11-6 22:30 | |
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Notwithstanding the Friday dump which has just sent bitcoin price back below $8k, the global economy is in a bigger mess and is set to deteriorate even further. Central banks are pumping cash back into their systems, interest rates are going negative, and GDP figures are falling.
2019-10-18 10:56 | |
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Bitcoin emerged from the ashes of the global financial crisis, with the genesis block created in January, 2009. The American economy emerged from the same ashes around the same time, with GDP soaring immediately following the GFC and continuing to deliver a historically long period of expansion.
2019-10-8 21:38 | |
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Most often overlooked in the fintech space is the world’s most scalable and private payment system: cash. It is used in every country around the world and despite its much exaggerated demise, according to the G4S Global Cash Report 2018, cash circulation has risen to 9.
2019-9-11 15:45 | |
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Bitcoin bull, Max Keiser believes rising global debt will see far greater capital flow into BTC than traditional haven assets like gold. Smart Money Flowing into Bitcoin Tweeting on Monday (July 8, 2019), Keiser identified the brewing global financial crisis with debt piled up to more than 400% of GDP.
2019-7-10 22:55 | |
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Bitcoin may be entering a two or three-year bull-market now, according to Anthony Pompliano, CEO of Morgan Creek Digital. US dollar Just as ‘Untied’ as Bitcoin? During a CNBC interview, on 14 May 2019, Pompliano affirmed that neither bitcoin nor the dollar is tied to anything.
2019-5-27 23:00 | |
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The leading cryptocurrency is currently trading 80 percent above the yearly low from December 2018. In addition, so far in 2019 bitcoin has surged more than 54 percent. At the time of writing, BTC/USD has been trading at $5,800 on Bitstamp with 24-hours losses of 0.
2019-5-6 01:13 | |
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In a recent interview/discussion with Bill Barhydt, the CEO of Abra, Tim and Adam Draper, the Father-Son Venture Capitalists, discussed their experiences with Bitcoin [BTC] and where it was heading for.
2019-5-5 18:32 | |
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On April 24, 2019, Japanese crypto and blockchain company bitFlyer released the results of a study assessing public confidence in crypto assets of 10,000 people across 10 European nations.
2019-4-25 21:25 | |
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The grand total of US debt has reached $222 trillion dollar, 300% of the GDP which is rising at the rate f $1 trillion every year. But nobody seems to care with ‘printing’ available as a solution. But with this money creation out of thin air has already turned the currencies into dust with hyperinflation, […]
2019-3-31 17:31 | |
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The UnionBank of the Philippines, one of the leading financial institutions in the country, has launched a two-way bitcoin automated teller machine (ATM), according to a story in local media outlet Philstar.
2019-2-12 00:10 | |
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Small to medium enterprises serve as the backbone to many of the world’s developed and emerging economies. These are companies with fewer than 250 employees, who contribute up to 60 percent of total employment and up to 40 percent of a nation’s income (GDP) to their economies according to the World Bank.
2019-2-3 15:00 | |
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| Analogue Notcoin - TapSwap |
Higher yields are taking a toll on traditional assets as well, with the Nasdaq sinking 1.2% to its lowest level since early June.
The latest price moves in bitcoin (BTC) and crypto markets in context for March 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The latest price moves in bitcoin (BTC) and crypto markets in context for March 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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