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Inflation
US Inflation Hits New 4-Decade High of 7.5% in January
The Consumer Price Index (CPI) data for January released Thursday revealed prices have climbed 7.5% over the past year, the fastest pace since 1982. "The Hash" panel discusses the report and what this means for bitcoin as a potential hedge against inflation.
Turkish President Calls for Metaverse Research
Turkish President Recep Tayyip Erdoğan has ordered the ruling Justice and Development Party (AK Party) to conduct a study on the metaverse, cryptocurrencies, and social media. This comes amid Turks flocking to crypto to escape the plunging lira as inflation hits a 19-year high. "The Hash" squad reacts, discussing the significance of Turkey potentially considering a metaverse strategy.
Is Bitcoin Still a Good Inflation Hedge?
A key U.S. inflation report published Wednesday indicates consumer prices increased 7% in December from a year earlier at its fastest pace since June 1982. Separately, Turkey's annual inflation rate has hit 36%, soaring to a 19-year high. Isaiah Douglass, a partner at Indiana-based financial planning firm Vincere Wealth Management, discusses whether bitcoin is still considered a potential hedge against rising inflation, how investors should best allocate funds between dollars and Bitcoin.
US Inflation Rose to Nearly 4-Decade High of 7% in December
The U.S. Labor Department's consumer price index (CPI), the most widely used gauge for tracking inflation, rose to an annual clip of 7%, hitting predictions made by economists. This marks the highest increase since June 1982 and topping November's 6.8% increase. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin, Inflation at ang Expectations Game
Para sa mga stock, ang bagong data ay madalas na "naka-presyo." Para sa Bitcoin, tila iba ang mga bagay.
Investors Seeking Inflation Hedge as US CPI Number Reached Highest Level in 40 Years. Is Bitcoin Still a Good Choice?
Prices rose at the fastest pace since 1982 in December, up 7% from a year ago. PwC Global Crypto Lead Henri Arslanian discusses what this means for investors and the crypto markets.
