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” Bitcoin struggles to flip $24K to support, but data shows pro traders stacking sats “ Bitcoin (BTC) rallied on the back of the United States Federal Reserve’s decision to hike interest rates on July 27. Investors interpreted Federal Reserve chairman Jeremy Powell’s statement as more dovish than the previous FOMC committee meeting, suggesting that…
” Bitcoin holds $24K as USD taps 3-week lows on eurozone inflation report “ Bitcoin (BTC) sought to pin $24,000 as support before the July 29 Wall Street open as fresh inflation data sparked worries for the euro. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Eurozone inflation estimate shows no peak Data from Cointelegraph Markets…
“Biden’s plan to boost inflation” And they say liberals have no sense of humor. Faced with record inflation and terrible poll numbers, Democratic leaders say they’ve reached a deal for even more taxes and spending. Get this, they’re calling it the Inflation Reduction Act. Ha! We can only imagine that Sen. Joe Manchin said yes because…
“White House takes heat after Biden adviser accused of ‘redefining recession’” The White House was accused of “redefining” the word “recession” on Wednesday after 2008 comments from the current-White House economic adviser resurfaced — appearing to counter his remarks on the matter just this week. On Tuesday, Brian Deese insisted that “two negative quarters of…
” Bitcoin heads into FOMC day on 24-hour highs amid concern over $24.3K top “ Bitcoin (BTC) attempted to claw back losses on July 27 as a macro day of reckoning arrived for risk assets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analysis: $24,300 resistance “not a good sign” Data from Cointelegraph Markets Pro and…
“Economist Nouriel Roubini calls predictions for shallow recession ‘delusional’” Economist Nouriel Roubini, who correctly predicted the 2008 financial crisis, believes the US is heading towards a deep recession and said those claiming the downturn will be mild are “delusional.” “There are many reasons why we are going to have a severe recession and a severe…
” IMF recession warning sees Bitcoin dip under $21K amid fresh $1M BTC price forecast “ Bitcoin (BTC) fell below $21,000 for the first time in eight days on July 26 as Wall Street prepared for a decision on United States’ anti-inflation policy. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Fed jitters test market resolve…
“HBO’s John Oliver shreds CNBC’s Jim Cramer over inflation flip-flops” HBO comedian John Oliver launched a scathing attack on CNBC’s Jim Cramer on Sunday, skewering the investing guru for flip-flopping on the proper response to surging inflation over the last several months. Oliver slammed Cramer during a lengthy segment on the ongoing inflation crisis on…
” Will the Fed prevent BTC price from reaching $28K? — 5 things to know in Bitcoin this week “ Bitcoin (BTC) enters a new week with a question mark over the fate of the market ahead of another key United States monetary policy decision. After sealing a successful weekly close — its highest since…
“Small business owners are fighting on New York’s inflation frontline” They cut hours, slashed budgets, raised prices —anything to keep their doors open. There were no extra pots of money and no more government loans. They were small-business owners, and if they’d had good years and not so good years, now they were having a…