An increase in the money supply will lead to a fall in interest rates. Lower interest rates will also increase investment, economic activity and inflation.


#Inflation #Money #US #Bitcoin

Since #ElSalvador adopted #bitcoin as a legal tender in September 2021, local tourism has jumped 30%. Now, as many as 60% of tourists are coming from the #US, said Tourism Minister Morena Valdez.

#Bitcoin was the best-performing asset of the decade.

Clearly, Bitcoin Outperforms Traditional Assets

#Gold’s and #S&P 500 return on investment (#ROI) has seen a drastically lesser returns

This is more than 10x the amount of the #NASDAQ 100, which was the second-best performing #asset class of the last decade.

#US Large Caps recorded an #annualized return of 14%, and gold recorded an annualized return of 1.5%.

▶️ A key gauge of #US consumer prices advanced to a 40-year high in September

▶️ The overall CPI increased 0.4% last month and was up 8.2% from a year earlier.

▶️ #Bitcoin Price Plunged by 4% With major #altcoins following the suit



#CPI #inflation #market #trading #crypto

Overwhelmed by more than 1100 different crypto exchanges that exist today?

Although #Crypto is prominent in the US, only some crypto exchanges are available to #US residents. Due to strict regulations in the US, users cannot use just any exchange they wish.

Here we're going to look at the five best Crypto #Exchanges that are legal to use in the US.

Read More: https://www.linkedin.com/feed/update/urn:li:activity:6991744049615425536

Reserve Currency Status Does Not Last Forever

Currencies used as reserve currencies change over time. Portugal's currency was popular for 80 years, and currently, the United States dollar is the most widely used reserve currency, which has been the case for 100 years.

However, people are now discussing the possibility of Bitcoin becoming a reserve currency in the future.



#Bitcoin #Dollar #US #ReserveCurrency #Gold

#BlackRock is a major investor in Bitcoin mining companies and holds investments in four of the top five publicly traded #Bitcoin mining companies by market capitalization.

The top five publicly traded Bitcoin mining companies are Riot Blockchain, Marathon Digital Holdings, Cipher Mining, Hut 8 Mining, and TeraWulf, with a combined #market capitalization of nearly $5.5 billion.

BlackRock is reported to have invested in all four #US companies and is the second-largest shareholder in each of them.

BlackRock's ownership share in Riot #Blockchain and Marathon Digital Holdings exceeds 6%.

Vivek Ramaswamy, a business leader and presidential candidate, is advocating for minimal regulation of Bitcoin, promoting it as vital for the U.S.

He recently proposed a cryptocurrency plan to enhance economic freedom in America, focusing on revising the current U.S. framework.

During the Republican presidential debates, he commits to using presidential authority to address inefficiencies in the cryptocurrency industry, aiming for a more efficient system.




#VivekRamaswamy #Cryptocurrency #Bitcoin #US

🚨BREAKING🚨

#US CPI will release in 10mins.

Market will be volatile. EXPECTED: 3.2% YoY

#Bitcoin surges above $62k as #US jobs data sparks rate cut expectations! What's next for the world's leading cryptocurrency?

Find out in our latest analysis

#CryptoNews #Bitcoin #CryptoCommunity

https://coinpedia.org/price-analysis/bitcoin-price-jumps-above-62k-as-us-jobs-data-boosts-rate-cut-expectation-heres-what-to-expect-next/