Latest from Helene Braun
Here’s What Crypto Traders Expect From the Midterms
Republicans are increasingly confident they will take control of the U.S. Congress and it could be bullish for crypto, according to some analysts and traders.
US Added 261K Jobs in October, Topping Expectations for 200K
Bitcoin's price is likely to face continuing headwinds as the strong report should keep the Federal Reserve on a tightening path.
Federal Reserve Hikes Rates as Expected, Will Watch 'Lags' in Monetary Policy; Bitcoin Rises
The U.S. central bank raised the main interest rate by 0.75 percentage point, as expected. Officials say they'll monitor "lags" in the impact of "cumulative" efforts so far, possibly a tip that a dovish shift is being considered.
Dollar Reversal Could Bring Inflationary Pressure, Former US Treasury Secretary Larry Summers Warns
Speculation is mounting over when the Federal Reserve might pivot dovish. But economists, including Summers, warn any such move might lead to weakness in the U.S. dollar versus other global currencies, in turn driving up prices for imports.
El PBI de EE. UU. crece 2,6% en el tercer trimestre y bitcoin se mantiene estable
Cualquier aumento en el producto bruto interno podría ser negativo para el mercado de bitcoin porque la Reserva Federal tendría que seguir subiendo las tasas de interés para bajar la inflación, algo que suele ser malo para los precios de los activos de riesgo.
US GDP Expands 2.6% in Q3, Faster Than Expected; Bitcoin Steady
Any growth in gross domestic product might be negative for the bitcoin market because the Federal Reserve will have to keep raising interest rates to bring down inflation – typically bad for prices of risky assets.
In Topsy-Turvy Market Logic, Positive US GDP Could Be Negative for Crypto
Analysts estimate the U.S. economy grew by 2% in the third quarter of the year, upending a streak of two straight quarters of contraction.
Robinhood's Crypto Customers Can Now Trade Aave and Tezos
The popular trading app now offers 19 crypto assets.
Black Thursdays: Bitcoin's 5 Worst Crashes
Oct. 24, 1929, (aka “Black Thursday”) is infamous in stock market history. As part of CoinDesk's Trading Week, we are taking a look back at some of the worst crashes in crypto history.
Janet Yellen Stresses Need for Central Bank Digital Currency Work
The U.S. Treasury Secretary also reiterated the need for regulation in light of the recent turmoil in the crypto industry.
