Accelerates

Food Price Inflation Accelerates For Seventh Consecutive Month

By Tyler Durden Is it time to worry about food inflation? The Food and Agriculture Organization’s Food Price Index rose for a seventh consecutive month in December, led by dairy products and vegetable oils. The FAO Food Price Index averaged 107.5 points last month versus 105.2 points in November. The benchmark, which tracks global food…

Food Price Inflation Accelerates For Seventh Consecutive Month

Is it time to worry about food inflation? The Food and Agriculture Organization’s Food Price Index rose for a seventh consecutive month in December, led by dairy products and vegetable oils.  The FAO Food Price Index averaged 107.5 points last month versus 105.2 points in November.  The benchmark, which tracks global food prices of cereals,…

Bitcoin Surges Towards $27k As Short Squeeze Accelerates

Update (1715ET): It seems like only yesterday, Bitcoin was trading at $24,000… And now, as short liquidations accelerate, the leading cryptocurrency is rapidly approaching $27,000… As CoinTelegraph notes, according to data from Bybt.com, more than $131 million worth of Bitcoin futures contracts were liquidated in the last 24 hours… As long as the derivatives market…

Bitcoin Nears $24k, Ether Tops $600 As Institutional Adoption Accelerates

The extent of institutional uptake this month is rapidly becoming an order of magnitude more significant as digital gold is seeing rising interest relative to the barbarous relic… Source: Bloomberg In addition to Guggenheim giving a $400,000 price evaluation, hedge fund One River Asset Management confirmed on Wednesday that it planned to bring its Bitcoin…