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Economy
Bitcoin Market Awaits US GDP After Biggest Single-Day Gain in 6 Weeks
With the Federal Reserve ditching forward guidance, data releases on GDP and inflation could inject more volatility into markets than ever.
Federal Reserve Hikes US Interest Rate by 0.75 Percentage Point
The latest monetary policy decision from Federal Open Market Committee brings the federal funds rate to a range of 2.25%-2.5%. Bitcoin's price was little changed after the announcement.
What DAO Governance Has in Common With the ‘Eggheads’ Who Call a Recession
A whale on Ethereum staking protocol Lido rejected a plan to sell tokens to a VC firm, as an economic downturn looms.
The Fed Is Upside-Down on Inflation and That's a Big Risk
Economists say it’s hard to understand how the Fed will bring inflation down if the federal funds rate remains negative throughout the year, as shown in officials' own projections.
The Fed Can't Whip Inflation Alone
The source of high U.S. inflation is pretty clear, and it doesn't have much to do with the money supply.
US Inflation Gauge Jumps to Fresh 4-Decade High of 9.1%; Bitcoin Falls
The new Consumer Price Index (CPI) reading keeps pressure on the U.S. central bank to further tighten monetary policy aggressively at its next meeting later in July.
US CPI Preview: Inflation Likely to Climb to New 40-Year High
A hotter-than-expected core CPI figure could bring renewed selling pressure to the bitcoin market.
Bitcoin Drops to $19.7K as Recession Concerns Weigh on Financial Markets, Euro Nears Dollar Parity
Singapore’s state-owned investor Temasek said it sees more broader-market declines in the coming months.
