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“Inflation surges 8.5% in March to highest level since 1981” Costly inflation climbed even higher to a new four-decade high of 8.5% in March as the Russia-Ukraine war contributed to a record surge in gas prices and exacerbated existing supply chain disruptions — forcing Americans to pay even more for basic goods. The latest uptick…
” Lack of proper financial services boosts crypto ownership in Nigeria, says report “ A new study has revealed staggering growth in crypto adoption across Nigeria, fueled by limited access to affordable fiat-based financial services in Africa. Crypto exchange KuCoin’s “Into the Cryptoverse Report” highlights that many Nigerian citizens have started using cryptocurrencies as a…
” Bitcoin claws back $40K as 24-hour crypto liquidations near $500M “ Bitcoin (BTC) attempted to reclaim $40,000 as support on April 12 after a troubling start to the week saw BTC/USD hit three-week lows. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Extraordinarily elevated” CPI data due Data from Cointelegraph Markets Pro and TradingView showed the…
” Bitcoin keeps falling as former BitMEX CEO gives $30K BTC price target for June “ Bitcoin (BTC) saw a predictable fall into the Wall Street open on April 11 as bears took the market toward $40,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin edges toward $40,000 Data from Cointelegraph Markets Pro and TradingView showed…
” BTC stocks correlation ‘not what we want’ — 5 things to know in Bitcoin this week “ Bitcoin (BTC) starts the second week of April with a whimper as bulls struggle to retain support above $40,000. After a refreshingly low-volatility weekend, the latest weekly close saw market nerves return, and in classic style, BTC/USD…
“Pennsylvania man arrested for placing Biden decals on gas pump” A fed-up Pennsylvania man got into an ugly gas station confrontation with local cops after he was allegedly caught slapping anti-Joe Biden stickers on the pumps in protest of rising fuel prices. “This guy stuck stickers on a gas pump, got yelled at by a…
“The price of eggs is surging due to a strand of avian flu” A deadly and highly contagious strain of avian flu has forced American farmers to kill millions of hens, which has slashed the supply of eggs and made the breakfast staple more expensive. Retailers in the Midwest recently were buying a dozen large…
“The credibility-challenged Fed is about to be overtaken by reality again” For two years, the Federal Reserve has managed to lose credibility by making strong policy commitments it soon had to reverse once they were overtaken by reality. It’s now poised to make yet another major policy pledge it won’t be able to keep. The…
“Letters to the Editor — April 8, 2022” The Issue: A city attorney who was told she was fired after confronting Mayor Adams about masking kids. We’ve reached quite a low point in our country (“[Don’t] say it to his face!” April 4). A mother, Daniela Jampel, was fired for defending children. Mayor Adams has…
” Bitcoin treads water at $43.5k as interest rate concerns weigh heavily on global asset prices “ Global financial markets continued to face an uphill battle on April 7 following recent hawkish comments from the United States Federal Reserve hinting at a rapid rise in interest rates as one course of action to help curb…