Zimbabwe U-Turns on Crypto, Looking to Stabilize Local Economy

2020-3-23 14:30

Zimbabwe’s central bank is working with crypto and fintech companies to leverage the country’s emerging digital economy amid crippling hyperinflation and currency instability

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Emerald Crypto (EMD) на Currencies.ru

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economy crypto zimbabwe leverage country emerging amid

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Источник: cointelegraph.com

economy crypto → Результатов: 126

New York Governor warns lockdowns could last through 2020; how will Bitcoin fare?

The COVID-19 pandemic is growing at an alarming pace, impacting virtually every major country and having devastating impacts on the global economy. Much to the chagrin of Bitcoin investors, the benchmark crypto has been struggling (from a price-perspective) despite long being thought of as a “digital gold” or a safe haven asset.

2020-3-23 08:00	Analysis
bitcoin global crypto benchmark investors much chagrin

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Crypto Tidbits: Bitcoin Surges to $7,000, COVID-19 Outbreak Brings Economy to Standstill, Ethereum DeFi Recovers

Another week, another round of Crypto Tidbits. After last week’s brutal showing, Bitcoin mounted a strong recovery over the past few days, rallying as high as $7,100 yesterday, marking an 85% gain from the $3,800 capitulation bottom.

2020-3-22 05:00
another crypto tidbits bitcoin week high rallying

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Global interest for Bitcoin could be about to explode, here’s why

Trade volumes are booming on primary and secondary Bitcoin exchanges as Google searches for the number-one crypto skyrocket, indicating that to some degree a panic-induced flight to BTC may be in its early stages after the global economy’s recent capitulation.

2020-3-17 10:00	Price Watch
global bitcoin flight degree panic-induced indicating skyrocket

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Reserve Bank of Zimbabwe to regulate crypto; an effort to heal economy?

At press time, Bitcoin sentiment was extremely fearful; however, this did not stand in the way of crypto adoption. According to reports, Reserve Bank of Zimbabwe [RBZ] has begun work on the draft of aThe post Reserve Bank of Zimbabwe to regulate crypto; an effort to heal economy? appeared first on AMBCrypto.

2020-3-16 16:00	Trading View
bank reserve zimbabwe crypto economy effort heal

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Federal Reserve Cuts Rates to 0% as Bitcoin Follows Stocks

The Federal Reserve has cut its benchmark interest rate to zero in a bid to revive the American economy amidst growing Coronavirus fears. Meanwhile, Bitcoin is trading in lockstep with...The post Federal Reserve Cuts Rates to 0% as Bitcoin Follows Stocks appeared first on Crypto Briefing.

2020-3-16 10:59	Markets
bitcoin federal reserve stocks follows rates cuts

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Forced to ‘Work from Home’ due to Covid-19? Crypto Can Help

The CoVid-19 pandemic led to pressures to work from home. Despite the price crash, the crypto economy has some positive examples. Crypto Startups Already Established Distributed Team Model For years, the crypto space has operated as a global, interconnected network of opinion leaders and developer teams.

2020-3-14 20:00
crypto work covid-19 home operated space model

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Market Update: Global Economy Jolts Bitcoin, Overall Crypto Cap Loses $50B

Cryptocurrency markets are feeling a lot of pressure on Thursday, March 12, as the entire cryptoconomy has lost over $50 billion during the last three days. Digital asset prices dropped to the lowest levels since May 2019.

2020-3-13 18:27
billion entire cryptoconomy lost three digital levels

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Tax Office to Contact 350,000 Australians and Remind Them to Report All Crypto Profits

Australian tax agents have set out to close a gap they say costs the state several billion dollars. Taxpayers who file various work-related claims and investment property deductions or declare income from sharing economy platforms such as Uber and Airbnb may be asked for explanations and receipts.

2020-3-13 03:30
tax deductions property income investment declare various

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XRP Whales Are Moving Gigantic Sums As Bulls Strive To Stabilize Its Price

XRP alongside the rest of the crypto market has experienced a devastating crash during the past two weeks. The global economy is crumbling as fears about the coronavirus keep growing. On March 8, XRP had a massive 13% crash fueled by Bitcoin’s own crash.

2020-3-10 20:19	xrp news
xrp crash fears coronavirus keep crumbling weeks

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South Korean Lawmakers Greenlight Strict Crypto AML Bill

South Korean lawmakers voted to place tough new requirements on cryptocurrency exchanges, adding legitimacy to the country’s sprawling crypto economy – and potentially triggering a market consolidation.

2020-3-6 00:30	FATF
south crypto korean lawmakers sprawling country legitimacy

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India’s Supreme Court Lifts Banking Ban on Crypto Exchanges

The Supreme Court of India has ruled against a decision imposed by the country’s central bank nearly two years ago that curbed crypto trading in Asia’s third-largest economy. According to a report from Bloomberg, a three-judge bench of the court ruled on Wednesday in favor of petitions by crypto exchanges and startups that opposed the […]

2020-3-4 09:56	RBI
crypto court ruled supreme exchanges india bloomberg

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Indian Supreme Court Lifts Ban on Bitcoin Trading

India’s Supreme Court today backed down on a directive that effectively banned virtual currencies in the country. In place since 2018, citizens of the world’s third-largest economy had been forbidden...The post Indian Supreme Court Lifts Ban on Bitcoin Trading appeared first on Crypto Briefing.

2020-3-4 09:53	Markets
supreme court indian trading ban lifts bitcoin

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Amid Global Markets Plunge, Cardano’s Charles Hoskinson Says Crypto Is The Best Hedge

The Coronavirus outbreak has raised a lot of concerns among the global population. One of the major areas of concern so far is the global economy which is currently being ravaged as fear of the pandemic continues to spread.

2020-2-29 10:16	charles hoskinson
global economy far major areas concern currently

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Japan’s Finance Minister Sounds China CBDC Warning

Taro Aso, Japan’s Finance Minister has voiced his reservations concerning China’s plans to issue its central bank digital currency (CBDC) – the digital yuan. Aso told fellow finance chiefs at the G-20 summit that Beijing’s state-backed crypto could negatively upset the balance of the global economy.

2020-2-25 18:00	Japan
finance aso cbdc japan digital china minister

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Introduce Cryptocurrency Payments Within Any Service With the Blockmove Payment Aggregator

With the development of the crypto economy, cryptocurrencies are increasingly entering our lives every day. Not everyone is trying to support this trend, this is especially true for financial regulators, who see a certain kind of threat in the digital currency, and therefore try to limit the crypto sphere.

2020-2-13 11:00	Press Release
crypto true financial regulators especially trend support

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Crypto software provider ChainUP joins Japan Cryptocurrency Business Association

ChainUP, the blockchain technology developer and crypto exchange service provider, today announced that it has officially joined the Japan Cryptocurrency Business Association (JCBA). The blockchain software developer will actively explore the application of blockchain technology in the areas of fintech, medicine, public administration, and IT infrastructure, contributing to the advancement of Japan’s digital economy and […] CryptoNinjas: Crypto software provider ChainUP joins Japan Cryptocurrency Business Association

2020-2-7 14:57	Blockchain Technology
japan association crypto business blockchain cryptocurrency software

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BLOCKCHAIN ECONOMY CONFERENCE IS ABOUT TO BEGIN!

Only a few days left for the second edition of the largest blockchain conference of MENA and Eurasia regions. The conference will be held in Turkey, a country which is turning into the most attractive meeting location for the whole crypto community.

2020-2-4 16:40	Press Release
conference blockchain turning held country turkey whole

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Crypto Market Forecast: February 3rd

It was an excellent trading week for the crypto asset markets, with most large-cap assets growing by double digits or more. Legacy finance markets such as the Dow Jones, however, struggled with the Coronavirus creating concerns around the stability of the China's economy and the global supply chain.

2020-2-3 14:00	BNC insights
markets crypto struggled coronavirus however dow finance

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Compared to Traditional Banks, Crypto Lenders See Booming Growth

A lukewarm U.S. economy is making big banks like JPMorgan Chase struggle to produce fast loan growth - even with interest rates close to historic lows. Yet, in the white-hot cryptocurrency industry, lenders are burgeoning.

2020-1-31 17:52
growth banks lenders close historic lows even

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Andrew Yang Just Mentioned Crypto, Again. He Says Bitcoin Can’t be Stopped

Andrew Yang has been deemed one of the most tech-focused presidential candidates. Unsurprisingly, he’s discussed Bitcoin and crypto assets on occasion, specifically in regards to the potential they have to aid the American economy.

2020-1-30 01:26	Regulation
bitcoin andrew crypto yang occasion specifically assets

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‘Consider Crypto’ Says Coinbase CEO as US Debt Skyrockets

Coinbase CEO Brian Armstrong has recommended crypto-assets, once again, as the solution to economic woes, debt-monetization, and other problems facing the global economy. Armstrong specifically referenced troubles with the repo market, making the point that younger investors are far more comfortable with natively digital crypto-assets, than older generations.

2020-1-30 22:21
armstrong crypto-assets ceo coinbase making point specifically

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OKEx’ Lennix Lai Makes Presence Felt at Davos, Roots for 100% Financial Inclusion with Blockchain

The changing landscape of the global economy due to the technological progress in the cryptocurrency and blockchain sector is not lost on anybody. As the countries of this world look at ways to embrace this technology without treading on the toes of the well-established financial systems, some of the industry leaders from the crypto space... The post appeared first on NewsBTC.

2020-1-23 16:04	Industry News
blockchain financial without embrace technology ways look

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KuCoin’s PoS Mining Platform Pool-X Launches the World’s First Liquidity Trading Market

Pool-X, the next generation POS mining platform supporting lockup crypto transactions backed by KuCoin, today announced the launch of its Liquidity Trading Market. The market allows users to buy and sell staked digital assets, bringing more flexibility and liquidity to the staking economy.

2020-1-22 11:07	Industry News
liquidity market trading kucoin platform pos pool-x

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How Blockchain and Crypto Meet Growing SME Demand

Small and medium-sized enterprises (SMEs) are a dynamic force in the global economy today—especially in developing countries where SMEs contribute up to 40% of national GDPs, according to The World Bank.

2020-1-22 22:00	XRP
smes contribute developing countries blockchain world bank

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South Korea Considers 20% Crypto Income Tax

Officials from the Ministry of Economy and Finance's income tax office have reportedly been reviewing the proposal.

2020-1-21 18:43	Regulation
tax income proposal finance office reportedly economy

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CoinDesk at WEF 2020: Crypto Themes to Watch as Davos Gets Underway

Get your Fourth Industrial Revolution hardhats on. CoinDesk is at Davos to help you ponder the slew of problems ailing today’s global economy.

2020-1-21 17:30
coindesk davos ponder help slew global economy

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Direct Democracy Party to Solve Issues With Crypto Rights in Russia

A new political force is being born in Russia out of the country’s tech business circles. The idea has been conceived by representatives of the country’s growing digital economy sector who want to embark on finding solutions to numerous issues that concern the crypto space.

2020-1-17 23:40
russia country crypto issues conceived economy representatives

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Swiss Crypto Assets & Institutional Investors Summit 18-19January 2020

HCX to host Crypto Assets & Institutional Investors Summit during World Economic Forum 18-19 Jan 2020 in St Moritz to give a boost to digital securities and crypto economy We are reimagining capital markets and creating a platform for wall street and crypto projects to do business together.

2020-1-14 12:17	trading
crypto summit 2020 investors assets institutional capital

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IRS Targets Crypto Trading and Gig Economy for 2020 Tax Season

The U. S. Internal Revenue Service (IRS) is directly focusing on crypto trading for the 2020 Tax Day with a checkbox on the tax form enquiring after people’s involvement in virtual currency activities.

2020-1-8 17:00	Taxes
tax crypto irs trading 2020 enquiring form

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The biggest crypto stories of 2019

From Facebook’s attempt to launch Libra, to China moving closer to becoming the first major economy to issue a central bank digital currency, the last twelve months were action-packed with crypto headlines.

2019-12-28 14:09	BNC insights
crypto digital currency bank issue economy central

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Crypto Derivatives Market Continues Strong for a Reason, OKEx Emerges on Top

The cryptocurrency sector, with its origins spanning a bit over a decade, has already made its presence and impact felt on the global economy. In fact, this new class of digital assets is now on the verge of becoming part of the mainstream financial system.

2019-12-27 15:10	Industry
new impact felt global economy fact digital

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Getting In and Out of the Cryptocurrency Economy Can Be Costly

Since bitcoin and digital currencies have become popular, fiat on and off-ramps have sprung up that allow investors to enter and exit the cryptoconomy. However, many of the entryways into cryptocurrency markets have a hefty fee between 1-4% of the overall purchase and in order to obtain fiat for crypto the fees are just as […] The post Getting In and Out of the Cryptocurrency Economy Can Be Costly appeared first on Bitcoin News.

2019-12-24 18:00
cryptocurrency bitcoin fiat getting economy out costly

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South Korea: Gov’t Seeks to Tax Crypto Transactions as Capital Gains

Capital gains taxation on crypto transactions could be introduced by the first half of 2020, South Korea’s Ministry of Economy and Finance has confirmed

2019-12-9 12:00	Asia
transactions capital gains crypto south korea half

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Ex Italy’s Economy Minister on ‘Transition From Old Coins to New Coins’

“It’s the future and you cannot stop it.” Former Italian Minister of Economy spoke to Cointelegraph about crypto

2019-12-7 13:21	Adoption
minister economy coins italian stop cannot former

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North Korean Crypto Social Media Monitoring on the Rise

Recent reports by the South Korean press warned that North Korea might be expanding its crypto social media monitoring. Yesterday’s report by NK Economy claims that North Korean firm Marine Chain is actively keeping an eye on leading names in the crypto and blockchain space This would not have mattered for most other companies, but for Marine Chain, it has a particular significance.

2019-12-7 11:47
north crypto korean social chain media monitoring

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Deutsche Bank’s Imagine 2030 Report Shows Crypto to Replace Fiat in the Next Decade

Coinspeaker Deutsche Bank’s Imagine 2030 Report Shows Crypto to Replace Fiat in the Next Decade Deutsche Bank's Jim Reid writes how cryptocurrencies will continue to gain acceptance in the global economy and ultimately dominate paper-money as we move towards a cashless society.

2019-12-6 14:03
deutsche bank fiat decade replace imagine crypto

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Is Mindol (MIN) Just Another Classic Pump-and-Dump Coin?

In the past couple of days, the Mindol (MIN) token has attracted significant attention after jumping to the top 30. In typical crypto fashion however, the price soon started unraveling. Mindol Aimed at Building Manga-Based Tokenized Economy The Mindol project is aimed at popularizing Japanese manga culture, in connection to the annual French festival “Cool Japan”.

2019-12-5 17:00
mindol aimed min building manga-based tokenized soon

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Germany proposes bill to allow banks to deal in cryptocurrency in 2020, here’s what this will mean [UPDATED]

The federal parliament of Germany has drafted a bill that, if enacted, will allow banks to become custodians and merchants of cryptocurrency in 2020, German business newspaper Handelsblatt reported Wednesday.

2019-11-29 07:15	Regulation
cryptocurrency germany 2020 bill allow banks deal

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Green Policy and Crypto Energy Consumption in the EU

The EU is solarizing its digitized economy without an environmental tax policy — an expert’s take

2019-11-22 01:15	Bitcoin
policy economy without environmental take tax digitized

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China Launches Blockchain Standardization Committee as it Warms up to New Trends

China has announced the launch of a variety of technical committees for standardization of several industries. The committees will focus on the sharing economy, children’s products, and, most notably, blockchain technology.

2019-11-20 18:32	China
china blockchain standardization committee launches committees trends

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Ripple’s Technological Advantage Forms Positive Outlook for XRP: Here’s What to Expect

Coinspeaker Ripple’s Technological Advantage Forms Positive Outlook for XRP: Here’s What to ExpectWith all of the developments evolving around Ripple and its RippleNet, XRP has become a preferred crypto asset to complement the global economy.

2019-11-20 14:21	XRPUSD
ripple xrp technological outlook forms advantage positive

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Venezuela to pay Christmas Bonuses with a Contraversal Cryptocurrency, the Petro

As hyperinflation continues to ravage the Venezuelan economy, President Nicolas Maduro has hinted that the Christmas bonus of retirees and pensioners in the country will be paid in petro (PTR), Venezuela’s national crypto.

2019-11-18 18:00	Venezuela
venezuela cryptocurrency petro crypto christmas 2019 reigns

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International Law Enforcement Conference Addresses Crypto and the ‘Criminal Economy’

The 2019 National Proceeds of Crime Conference (NPOCC) held in Brisbane, Australia from November 13-15 addressed “Globalisation and Digitisation of the Criminal Economy,” and featured 200+ delegates hearing from representatives of organizations such as the Australian Federal Police, Singapore and New Zealand police, United States Department of Justice, and the Australian Criminal Intelligence Commission.

2019-11-15 20:15	Regulation
criminal conference economy law police australian addresses

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How Crypto Assets Are Capturing the Attention Economy

Human attention is a finite resource: we awake each day with it replenished, only for it to seep away through work, leisure, and time frittered idly browsing the web while circumventing ads. Recognizing the scarcity of maintaining human interest, attention economists have devised incentivized systems powered by crypto assets.

2019-11-14 04:15
attention crypto assets human economy capturing incentivized

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State Newspaper In China Headlines Bitcoin To Millions Of Readers; Not All Positive Though

The Chinese government is strongly supporting the push towards blockchainizing its economy as seen by President’s Xi’s latest remarks on blockchain technology. While the government makes steps towards fully adopting the technology, certain sections remain disturbed by bitcoin’s public nature, volatility and the use of crypto in aiding criminal activities. State Chinese newspaper headlines Bitcoin […]

2019-11-11 16:49	Bitcoin Information
bitcoin government towards state technology chinese headlines

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Mastercard Launches Support Platform for Fintech Startups in Asia Pacific

Global Payments giant Mastercard has created a platform for greater fintech collaboration within the Asia Pacific region. This move comes as the region continues to see an explosion of fintech startups including crypto and blockchain projects looking to target several aspects of the nascent digital economy.

2019-11-11 16:00
fintech startups mastercard blockchain support region pacific

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Ron Paul: Protecting Wealth in The Next Crash Will Involve Buying Crypto

A lot of attention has been turned to the banking system this year as it battles to keep the economy afloat. The repo market is a huge red flag in the US, yet the government remains staunch in its policies on regulating the crypto industry.

2019-11-6 09:45
crypto ron paul buying crash protecting involve

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What Another Fed Rate Cut Means For Crypto?

For the third time this year, the US Federal Reserve has cut interest rates amid a global economic slowdown. Crypto markets did not react to the news but the outlook for the global economy is darkening as another recession looms.

2019-10-31 11:00	United States
cut crypto rate another federal global year

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How the BNC Newsfeed cuts through the noise

Information flow in today’s crypto economy is fragmented, fallible and flawed. Market participants who are able to assemble, curate and filter this data can gain an edge. This article explains how the BNC Pro Newsfeed can perform this service.

2019-10-24 14:05	BNC insights
newsfeed bnc data filter assemble curate pro

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How inflation, interest rates and the stock market affect Bitcoin’s price

While there are crypto-specific factors that can boost Bitcoin, there’s no denying that prices are often influenced by macroeconomic and global events. Sometimes, Bitcoin’s price can suddenly leap or plunge without warning. And in many cases, this is because of…

Spot BTC ETFs recorded $303m in inflows amid bullish momentum

Fidelity’s Wise Origin Bitcoin Fund (FBTC) emerged as the top performer on May 15, recording an inflow of $131 million as market data shows a total net inflow of $303 million from the broader spot Bitcoin (BTC) exchange-traded fund (ETF)…

Is Bitcoin A 90% Surge Incoming? Analyst Sees Bottom As Inflation Data In Focus

Bitcoin prices are moving sideways when writing and are generally firm. Even though there are marks of strength, the world’s most valuable coin is still swimming against ferocious downstream currents and could risk plunging below $60,000 and May 2024 lows.

Bitcoin Dips to $63K as Rate Cut Hopes Dim Following Disappointing U.S. Inflation Report

Increasing concerns about sticky inflation hit risk assets across all markets including cryptos.

Bitcoin interest in Argentina hits 20-month high as inflation soars above 270%

As Argentina’s inflation climbs, Bitcoin gains popularity over fiat currencies, driving increased crypto purchases and scam activity. In Argentina, where inflation has surged to staggering levels, Bitcoin is emerging as a preferred hedge against economic instability, Bloomberg reports, citing data…

Crypto market, Bitcoin go bearish following US CPI report

The global crypto market and the leading cryptocurrency, Bitcoin (BTC), registered a slight decline as the U.S. Consumer Price Index (CPI) data exceeded expectations. According to data from the CME Group, the CPI annual rate dropped from 3.4% to 3.1%…

Bitcoin Drops 2% on Hotter-Than-Expected U.S. Inflation

The CPI reading reduced expectations for interest-rate cuts in the next months, weighing on risk assets such as crypto.

2020-3-23 14:30

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