The price of Bitcoin (CRYPTO: BTC) has soared in 2024 thanks to several catalysts including Bitcoin ETFs, more companies acquiring the cryptocurrency and expectations for a more pro-crypto White House administration with Donald Trump winning the 2024 ...
This year was good for crypto, but 2025 might turn out even better for the sector, according to Bitwise Asset Management.
BUENOS AIRES (Reuters) -Argentina's monthly inflation rate slowed to 2.4% in November, the lowest in over four years, the official INDEC statistics agency said on Wednesday, as locals began to warily hope the worst of a biting economic crisis might be over. The South American nation, facing a tough austerity drive by libertarian President Javier Milei, saw the monthly figure come in well below forecasts of 2.8% and lower than 2.7% a month earlier.
Since the Fed's easing cycle began coupled with the outcome of the U.S. election, digital assets have experienced significant developments, prompting three predictions for the months ahead, says Andy Baehr.
(Bloomberg) -- Argentina’s monthly inflation slowed to the lowest level since July 2020, handing President Javier Milei another victory on voters’ biggest concern a year after taking office.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersAmerican Institute of Architects CEO ResignsHong Kong's Expat Party Hub Reshaped by Chinese InfluxCity Hall Is HiringCloud Computing Tax Threatens Chicago’s Silicon Valley DreamConsumer prices rose 2.4% in November, compared with
Stocks like NVDA, SHOP, ACN and BLK are poised to gain from the ongoing Bitcoin rally.
NEW YORK (Reuters) -BNY expects a U.S. economic growth boost under the new Donald Trump U.S. presidency and is investing in artificial intelligence and services for digital assets to enhance solutions for its clients, CEO Robin Vince said on Wednesday. "Growth is good for the U.S. economy and President-elect Trump has been very clear that he believes in growth," he said during an interview at the Reuters NEXT conference in New York. "We're pro-growth ... our clients want to be able to take advantage of the opportunities here," he added.
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated. Excluding volatile food and energy costs, so-called core prices increased 3.3%, the same as in the previous month. Measured month to month, prices climbed 0.3% from October to November, the biggest such increase since April.
Cosmo Jiang, portfolio manager at Pantera Capital, says that crypto investing will get more fundamentals-oriented as the industry matures.
(Bloomberg) -- Fresh inflation figures are likely to make the Federal Reserve more cautious about the pace of interest-rate cuts — but not quite yet.Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersAmerican Institute of Architects CEO ResignsCloud Computing Tax Threatens Chicago’s Silicon Valley DreamCity Hall Is HiringSan Francisco, Paris Named Best Cities for Urban TransportationInvestors still widely expect the US central bank to cut borrowing costs by a quarter
