A touted use-case of bitcoin (BTC) is its use as an inflation hedge, though new data showing the UK at its highest inflation rate in 30 years had little to no effect on bitcoin’s price. New initial and continuing jobless claims reports are scheduled for release tomorrow which could sway markets if negative. The House Committee on Energy and Commerce is scheduled for a hearing tomorrow on blockchain’s impact on the environment. Positive or negative comments during the hearing could be reflected in the markets. {table} Bitcoin has remained in a sideways trend between the range of $44,200 and $40,500. Previous moments ... (full story)