Inflation


Opinion

Thank BlackRock’s Clients for Larry Fink’s Change of Heart

Blackrock's CEO once called Bitcoin an “index of money laundering.” Now he’s changed his tune.

Black rocks (Nick Nice/Unsplash)

Markets

Bitcoin Unlikely to Be Destabilized by Real Yields, Crypto Observers Say

The rise in real yields is more of a headache to blue chip stocks than to markets like technology or crypto and will not disrupt the medium-term growth story, one observer said.

Opyn's Crab strategy offers a new way to generate yield in a comatose market. (James Coleman/Unsplash)

Markets

Bitcoin Steady Near $31K After Options Expiry; Dollar Index Rises Before Key U.S. Inflation Data

With the expiry done, the supposed price magnet at $26,500 from the max pain point is gone and prices could resume the upward journey, a common pattern during the bull market days of 2021.

Bitcoin price. (CoinDesk/Highcharts.com)

Markets

Bitcoin Hovers Over $30.3K Despite Renewed Inflation Worries

In comments Thursday at a Madrid event on financial stability, Fed Chair Jerome Powell said that “it will take time for the full effects of monetary restraint to be realized.”

Bitcoin daily chart. (CoinDesk Indices)

Videos

Fed Chair Powell Says More Interest Rate Hikes By Year End Are Likely

In prepared remarks before the House Financial Services committee, Federal Reserve Chair Jerome Powell noted, "nearly all FOMC participants expect that it will be appropriate to raise interest rates somewhat further by the end of the year." The central bank leader also shares his insights on the Fed's plans for decision making in order to return inflation to 2%.

Recent Videos

Finance

Fed Leaves Policy on Hold, Ending Long String of Rate Hikes

The U.S. central bank had previously raised rates at 10 consecutive meetings spanning the previous 15 months.

Federal Reserve Board Building (AgnosticPreachersKid/Wikimedia)

Finance

U.S. CPI Inflation Slowed to 0.1% in May; Bitcoin Rises

The news on consumer prices comes one day ahead of the results of the Fed's latest monetary policy meeting.

(Getty Images)

Markets

Crypto Catalyst Watch: What Might Move Markets This Week

The Federal Reserve’s latest rate hike decision and U.S. inflation data are among key upcoming items.

Federal Reserve Board Building (AgnosticPreachersKid/Wikimedia)

Markets

Bitcoin’s Doldrums Below $26.5K Endure as Investors Weigh Debt Ceiling Stalemate, Latest FOMC Minutes

The largest cryptocurrency by market capitalization sank below $26.2K early Wednesday after disappointing U.K. inflation data.

Daily bitcoin chart (CoinDesk)

Videos

Bitcoin Below $27K as UK Core CPI Hits Highest Since 1992

Bitcoin slid under the $27,000 level as traders react to U.K. inflation figures. The hotter-than-expected U.K. core Consumer Prices Index (CPI) rate came in at 6.8% – the highest since 1992 – against an expected figure was 6.2%. Glen Goodman, author of "The Crypto Trader", joins "First Mover" with his crypto markets analysis.

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