inflation

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US Inflation: Bitcoin Reacts to New October CPI!

10 Oct 2024 1 minute read 0 comments 1btc = 1btc

  Here are the new US CPI and Core CPI data for September 2024: Inflation is once again crucial to Bitcoin's future Inflation after interest rate cut The long-awaited interest rate cut in the US by the Fed finally arrived last month. A 50 basis poin...

China Starts Turning on the Money Taps

26 Sep 2024 8 minute read 1 comment Perfectionist25

First, let's look at the good news from China. There is a great article on Bloomberg on this subject. It talks about the new stimulus packages of the People's Bank of China. It is a multifaceted package. It is not a bazooka, you know, it is not a big...

FED Cuts Rate by 50 Points, Says No Recession

19 Sep 2024 7 minute read 0 comments Perfectionist25

The FED made a 50 basis point cut yesterday as I predicted. In fact, even calling it a prediction is wrong. The FED had already given many clues about it. Despite this, many people still believed in 25 basis points. Yesterday, I learned that 105 out...

Key Events For Crypto This Month

10 Sep 2024 1 minute read 4 comments Astroboy13

September is going to be a very important month for cryptos, with many events that will set the tone for the coming months. Let’s explore them in this article. Photo by Debby Hudson  US Economy Let’s start with the nearest event : the inflation numb...

Is September Really A Bad Month For Crypto?

9 Sep 2024 1 minute read 1 comment Bfab

I Often Hear That September is a Bad Month for Crypto... Everyone Thinks It, Then It Must Be True, Right? First of all, September is not only a bad month for crypto, it's also bad for the stock market. There are metrics showing it's really bad... On...

Why Are Markets Red?

4 Sep 2024 9 minute read 1 comment Perfectionist25

September is generally a bad month for the markets. It started off very badly on Tuesday. There are incredible declines in the indexes. The decline in Nasdaq was 3.26%, Russell 2000 was 3.09%, S&P 500 was 2.12%, Dow Jones was 1.51%. Bitcoin resisted...

Bitcoin and the "R" Word: Friend or Foe?

25 Aug 2024 1 minute read 2 comments Bfab

B18 asked me an insightful question on my previous post - BTW, I still can't reply to the comments on my posts, dunno why... So let's explore together the impact of "R" on BTC... As you may know, the "R" word is not a new meme coin created on pump.fu...

US Retail Sales and Employment Data Are Very Good

17 Aug 2024 2 minute read 3 comments Perfectionist25

The retail sales data I was anxiously waiting for came out very well. So it's a bit hard to understand how it's happening. The market was expecting a 0.4 increase, but it came out at 1%. In other words, while the prices of many products went down in...

Recession is slowly upon us

12 Aug 2024 2 minute read 1 comment Bala

We have started to have appraisal and salary hike conversations with the employees in our company. The market outside is not very great for someone quitting the job now and joining a new company. Unless they have the right skills, it is not very easy...

Challenging to set a fixed amount as retirement goal

3 Aug 2024 2 minute read 0 comments Bala

Sometimes we might think of having a fixed value as our retirement goal and work towards that. But because the value of money keeps changing and our needs keep changing every day, it is hard to fix an amount and work towards that. For example, someon...