Gold vs BTC correlation signals Bitcoin becoming safe haven: BofA
Bitcoin’s growing correlations with gold, S&P 500 and Nasdaq 100 indicate that investors see BTC as a “relative safe haven,” BofA strategists wrote.
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Inflation-pegged ‘flatcoin’ launches testnet to track the cost of living
The concept of an inflation-linked "stablecoin" has been trialed before, but time is yet to prove whether it is working as intended.
Chainalysis: Stablecoins Used to Fight Devaluation and Inflation in Latam
According to Chainalysis, a crypto auditing and blockchain tracking firm, the use of dollar-pegged stablecoins is growing in Latam, specifically in Argentina and Venezuela, due to the common economic problems…
Conflicting Opinions on Future of US Economy, Bitcoin Added to Guinness World Records, and More — Week in Review
Economist and gold bug Peter Schiff has warned that the United States Federal Reserve’s actions to rein in inflation could lead to a “massive financial crisis” or flight away from…
Observers Suspect an Aggressive Fed Rate Hike Next Month, Analyst Predicts Fed Will Pivot in December
According to recent reports close to central bank officials, the U.S. Federal Reserve will likely deliver another interest rate hike by roughly 75 basis points (bps) next month. Moreover, markets…
3 historically accurate Bitcoin on-chain metrics are flashing ‘bottom’
Key Bitcoin indicators tracking its market versus fair value, as well as long-term holders' confidence, hint at a market bottom formation.
Will ETH price crash to $750? Ethereum daily active addresses plunge to 4-month lows
The drop in Ethereum’s daily active addresses comes as ETH price flatlines, raising fears about a potential drop ahead.
Remittances drive ‘uneven, but swift’ crypto adoption in Latin America
The Latin American region now makes up for a 9.1% share of the global crypto value received in 2022 with remittances and high inflation the highest drivers of adoption.
Investor Richard Mills Says Economy Is Rushing Into a ‘US Dollar Crisis of Epic Proportions’
While the U.S. dollar has been extremely robust in recent times, compared to a myriad of fiat currencies worldwide, a number of analysts and economists think the greenback will eventually…
Euro Area Annual Inflation Jumps to 9.9% in September, Cost of Bread Skyrockets, Protests Erupt
According to the European Union’s statistics office Eurostat on Wednesday, Euro area annual inflation is up to 9.9% in September, up from 9.1% in August. The inflation rate in September…
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