Latest from Helene Braun
La inflación interanual en EE. UU. se desacelera a 8,5% en julio y bitcoin sube
Los mercados cripto respondieron positivamente tras la ralentización de la inflación, eliminando algo de presión de la Reserva Federal a la hora de continuar con el aumento agresivo de las tasas de interés.
US Inflation Slowed to 8.5% in July, CPI Report Shows; Bitcoin Jumps
Crypto markets responded favorably after the slower-than-expected reading, which takes pressure off the Federal Reserve to hike rates aggressively at the September meeting.
Americans See Inflation Plunging Next Year, New York Fed Survey Finds
Respondents to the widely considered survey expect inflation to run at 6.2% in 2023, which is down 0.6% from last month’s survey.
US Adds 528K Jobs in July, More Than Doubling Estimates; Bitcoin Dips
Investors are likely to expect the Federal Reserve to continue aggressively hiking interest rates in response.
First Mover Asia: Crypto's ‘Learn-on-the-Fly’ Ethos on Display as Bridge Hack Damage Reaches $2B
Bitcoin and ether kept sliding, but barely. Meanwhile, a corporate partnership announcement was enough to send Coinbase shares soaring (and short-sellers running for shelter).
First Mover Asia: Bitcoin Extends Losing Streak as Pelosi Taiwan Trip Passes Without Incident
ALSO: Solana's SOL token slides after wallet hack and Sam Reynolds provides an on-the-ground assessment of U.S. House of Representatives Speaker Nancy Pelosi's Taiwan trip.
First Mover Asia: Fed Fears and Pelosi Taiwan Trip Reverse Bitcoin's Recent Gains
The mood in crypto markets had turned sunnier last week, but now any bright hopes for a strong rally are fading. PLUS: The NFT market just isn't what it used to be.
What Is the Definition of ‘Recession?’ And Does Bitcoin Care?
The "two quarters" standard is simple, but the definition by the National Bureau of Economic Research gives policymakers much-needed wiggle room. For bitcoin, the semantics don't matter.
Janet Yellen Sees No Recession, Calls US Economy ‘Exceptionally Strong’
The Treasury Secretary stressed job growth during a press conference after the release of 2Q GDP data.
GDP Falls Further in Q2, Fueling Talk of a Recession
A widely used technical definition says that two consecutive quarters of negative GDP means the economy is in a recession.
