Digital ruble should not affect inflation, Bank of Russia says
According to official data, Russia’s inflation rate reached 8.1% in October, the highest level in almost six years.
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Digital Ruble Should Not Boost Inflation, Bank of Russia Says
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…
As the Dollar’s Purchasing Power Drops, Janet Yellen Stresses ‘Pandemic Calls the Shots’ for the Economy, Inflation
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…
Bitcoin price dips under $60K as Dollar Strength Index reaches 16-month highs
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.
Litecoin grapples with ‘double top’ risks after LTC price rallies 37% in November
The classic bearish setup projects Litecoin’s price potentially falling to $200 in the coming sessions.
Ethereum ‘has to bounce’ as ETH bulls pin $5K rally hopes on critical support channel
Many analysts agree that the "dynamic support" could boost accumulation sentiment in the Ethereum market.
Analysts say Bitcoin price ‘dips are transitory,’ suggesting BTC will soon head to $75K
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.”
Stablecoin payment app Reserve helps individuals protect their savings against inflation in Latin America
"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.
China’s Real Estate Giant Evergrande Narrowly Dodges Default for Third Time in 30 Days
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…
US Faces More Inflation Woes as CPI Hits Highest Record in 30 Years
U.S. inflation continues to roar higher as this week’s data from the consumer price index (CPI) jumped 6.2% from a year ago. Americans are concerned as the Federal Reserve has…