Inflationary winds from around the world spell a sea change for Bitcoin
If inflation is taking a deeper hold on the global economy, could Bitcoin become less a speculative tool and more a safe haven?
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If inflation is taking a deeper hold on the global economy, could Bitcoin become less a speculative tool and more a safe haven?
According to official data, Russia’s inflation rate reached 8.1% in October, the highest level in almost six years.
Bank of Russia is preparing for a prolonged trial of the digital version of the national fiat to ensure this is a “full-fledged ruble,” the head of the monetary authority…
Inflation has continued to make the price of goods and services in America rise as the U.S. dollar’s purchasing power is not what it used to be. Meanwhile, the Obama…
The greenback regained strength in hopes that stronger inflation data in the U.S. would revive a tighter monetary policy and after better-than-expected retail sales growth.
The classic bearish setup projects Litecoin’s price potentially falling to $200 in the coming sessions.
Many analysts agree that the "dynamic support" could boost accumulation sentiment in the Ethereum market.
Rising U.S. inflation and overblown fears about Evergrande contagion might be factors behind BTC’s recent pullback, but most analysts view the drop as a “necessary retest.”
"Our long-term vision is to create a currency that is stronger than any fiat currency that exists now," said Reserve community manager Yens Michiels.
In mid-September China’s Evergrande Group, the country’s second-largest property developer by sales, sparked fear in the global economy as the company’s market valuation plummeted to an 11-year low. Global economists…