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Tag Archives: Inflation

Eurozone Inflation Receding and Now Pegged at 10%

The cost of living crisis was a major challenge for the region this year as it attempted to bring down energy costs. As the year is wrapping up, the efforts of the European Central Bank (ECB) to curtail the growing surge in inflation within the Eurozone seem to be yielding good fruits. Preliminary readings from Eurostat, the statistical office of the European Union, show that inflation is pegged at 10%, a figure that is lower than the 10.6% reported in October this year.Despite the slowing...

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Inflation Is Having Harsher Effects on BTC

A new inflation report is expected to show rates rising approximately 6.5 percent in September, roughly .2 percent higher than what occurred in August. This, per financial institutions like JPMorgan, could cause further falls in assets like stocks and crypto units, which could drop five percent more in the coming weeks once the results are in. Inflation Is Still Pretty Bad Things have been bad as of late, but now it looks like they’re about to get worse. The rate of...

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Cathie Wood: Bitcoin Can Aid an Ailing Economy

Cathie Wood of ARK Investment Management says the economy is heading into a downward spiral, and only bitcoin can help it. Cathie Wood Still Thinks Highly of BTC There has been an argument for the past few years that bitcoin, in some way, can serve as a potential hedge against inflation. That by investing in bitcoin, people can avoid crashing and burning when the dollar falls. However, this argument has been heavily challenged given the price of bitcoin has taken several...

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Weak Jobs Report Results in Further Dips for BTC

Bitcoin fell again in mid-October following the release of a jobs report that showed the Labor Department adding less than 264,000 jobs during the previous month of September. This was considerably less than what many analysts and labor experts felt would occur. Jobs Didn’t Look Great in September The jobs report resulted in massive hits to the crypto market, with bitcoin falling by more than three percent and eventually settling in the $19,300 range. Ethereum and many...

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Mike Novogratz Tells the Fed to Let Inflation Be; Could Help BTC

Mike Novogratz – the billionaire investor and head of hedge fund Galaxy Digital – has stated that if Jerome Powell and the Federal Reserve give up the fight against inflation, bitcoin could likely exceed all expectations and rise back up through the roof. Mike Novogratz Wants to Save Bitcoin In an interview, Novogratz commented: If he gives up this fight, you’re going to see bitcoin and other assets take right back off. Inflation is at a 40-year high in countries like...

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Crypto Billionaires Push BTC to Fight Inflation

With inflation at an all-time high and running rampant like never before, it appears crypto at least has some sort of voice regardless of how thin or quiet it might be. Inflation Is Getting Worse and Worse Inflation has gone crazy under incompetent leaders like Joe Biden. As a result, fiat currencies all over the world from USD to the euro to the pound have suffered greatly, and the Fed has been forced into a position of continually having to hike rates. This has led to...

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Inflation in Deutschland: Höchststand seit 70 Jahren

Im September 2022 stiegen die Verbraucherpreise in Deutschland gegenüber dem Vorjahresmonat um 10 Prozent, im Gegensatz zum Vormonat stieg die Inflationsrate damit um 2,1 Prozent an. Seit Juli 2021 befindet sich die Inflation in Deutschland auf Rekordniveau. Die Inflation erreicht in Deutschland inzwischen Rekordhöhen. Im September wurde durch das Statistische Bundesamt ein sprunghafter Anstieg auf 10 % gemessen, was zu einem großen Teil auf das...

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