Elon Musk warns of ‘strong inflationary pressure’ as Tesla mulls Bitcoin payments

The world faces “strong inflationary pressure” in the short term, and it may persist, warns the world’s richest man.
In a debate about inflation, some of the best-known names in Bitcoin (BTC) voiced unanimous doubts about the state of global monetary policy.

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JPMorgan says inflation concerns, not ETFs, driving Bitcoin price jump

Bitcoin (BTC) broke its all-time high price level following the launch of ProShares’ Bitcoin Strategy exchange-traded fund (BITO) on Tuesday, but JPMorgan Chase strategists believe the key driver behind the price jump is investor concern over inflation.

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CME Bitcoin futures open interest hits 8-month high, greater than when BTC price was at $65K

Open interest (OI) for Bitcoin (BTC) Futures trading on the Chicago Mercantile Exchange (CME) inched toward a new record high Thursday as BTC reclaimed its five-month high of $58,550 on BitStamp.

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3 factors that can send Ethereum price to 100% gains in Q4

Ethereum’s native token Ether (ETH) has the potential to double its market valuation in the coming months, thanks to a confluence of supportive technical and fundamental indicators.
Ether price soared by more than 9% Friday to hit nearly $3,300 for the first time in ten days.

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Bitcoin price eyes $50K as the US Dollar retreats after hitting its one-year high

Bitcoin (BTC) looks to reclaim $45,000 on Oct. 1 as the U.S dollar retreated lower after hitting its one-year high. Bitcoin’s tight inverse correlation with the greenback over the past month suggests that a weakening dollar could push BTC price even higher in the coming sessions.

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Ethereum miners are hoarding a record $70B in ETH following EIP-1559 activation

An on-chain study released by Kraken Intelligence highlighted strong accumulation behavior among Ethereum miners even as they faced the prospects of generating lower revenue following a major network upgrade on Aug. 5, 2021.
Ethereum miners accumulated an additional 2 million Ether (ETH) worth $6.

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