Inflation News

Inflation as it relates to money means the devaluation of a payment vehicle amid the rising cost of goods and services. The term usually refers to fiat currencies, which can lose value when a government expands the supply of dollars in an economy. Venezuela saw its currency lose significant value in 2018 during hyperinflation — an exaggerated form of inflation. When it comes to cryptocurrencies, however, inflation works differently. Many assets, such as Bitcoin, have a maximum supply programmed into their code, which can prevent a loss of value due to added supply. Bitcoin does entail some level of inflation, as more coins are released into its circulating supply through a set and predictable mining schedule, but maximum supply sets definite limits on BTC inflation.

Market Analysis
The U.S. dollar index reached its lowest levels in three weeks on Oct. 19, triggering a rising wedge pattern.
All-time highs next? Bitcoin holds $62K as the dollar index tumbles to 3-week lows
Yashu Gola
Bitcoin should be there to allow people to save in the event the government fails, Senator Cynthia Lummis said.
‘Thank God for Bitcoin,’ Cynthia Lummis says on US debt limit raise
Helen Partz
Market Analysis
Open Interest surged to $3.22 billion on. Oct. 14 to levels not seen since February.
CME Bitcoin futures open interest hits 8-month high, greater than when BTC price was at $65K
Yashu Gola
Market Analysis
BTC price rejected near $58,000, but derivatives data shows traders positioned neutral-to-bullish, leaving sufficient “room” for a new all-time high in 2021.
Bitcoin price is correcting, but what does futures data show?
Marcel Pechman
Many in and beyond the crypto industry believe that the political standoff around the debt ceiling increase makes digital assets more attractive in the long run...
US debt ceiling crisis: A catalyst for crypto’s ultimate decoupling?
Kirill Bryanov
According to JPMorgan, this week’s rally has been driven by institutional investors hedging against inflation with Bitcoin.
Institutions buying Bitcoin rather than gold as inflation cranks up: JPMorgan
Inigo Vaca
Market Analysis
Three bullish indicators converge as Ethereum’s native token, Ether, climbs over 9% on Oct. 1 to cross $3,000, a psychological resistance level.
3 factors that can send Ethereum price to 100% gains in Q4
Yashu Gola
Market Analysis
Rising jobless claims in the U.S. sparked sell-offs in the dollar market. On the other hand, Bitcoin held onto its intraday gains.
Bitcoin price eyes $50K as the US dollar retreats after hitting its one-year high
Yashu Gola

Follow us on Facebook