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Bitcoin Outlook as Yellen Says US Economy Not in Recession

Treasury Secretary Janet Yellen said the US economy is not in a recession, despite GDP falling 0.9% in the second quarter. Tactive Wealth Advisor Eddy Gifford reacts to Yellen's latest comments and shares his insights on whether the bitcoin rally is here to stay.

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El Salvador Defends Bitcoin Bet Despite 50% Loss on its Investment

El Salvador’s finance minister is doubling down on the country’s strategy to adopt bitcoin as a national currency, despite a 50% loss in its crypto investment, according to Bloomberg. London School of Economics Public Policy Fellow Frank Muci reacts to President Nayib Bukele's sovereign debt repurchase plan and shares his outlook on El Salvador's bitcoin bet.

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Bitcoin Flirts With $23K As U.S. GDP Falls Further in Q2

U.S. gross domestic product (GDP) declined at an annualized pace of 0.9% in the second quarter, following a 1.6% decline in the first three months of 2022. OKCoin chief operating officer Jason Lau joins "First Mover" to discuss his outlook on the crypto markets amid recession concerns and rising inflation.

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Mercados

First Mover Americas: Walang Recession para sa Bitcoin habang Lumiliit ang US GDP, Zipmex Files para sa Bankruptcy

Ang pinakabagong mga paggalaw ng presyo sa mga Crypto Markets sa konteksto para sa Hulyo 28, 2022.

BTC is trading above $23,000, interest in Ethereum's options markets is rising and Zipmex files for bankruptcy. (Spencer Platt/Getty Images)

Opinión

Mga Tagapayo, T Hayaang I-override ng Crypto Optimism ang Praktikal na Pag-iisip

Maliwanag ang hinaharap ng Crypto, ngunit kailangan pa rin ng mga kliyente ng mga praktikal na hakbang at insight.

(d3sign/Getty Images)

Mercados

Bitcoin Market Naghihintay sa US GDP Pagkatapos ng Pinakamalaking Single-Day Gain sa loob ng 6 na Linggo

Sa pag-alis ng Federal Reserve sa pasulong na patnubay, ang mga paglabas ng data sa GDP at inflation ay maaaring mag-inject ng mas maraming volatility sa mga Markets kaysa dati.

U.S. GDP is likely to show the economy avoided recession in the second quarter. (Simon Kadula/Unsplash)

Mercados

First Mover Asia: Nakikibaka ang Mga Kumpanya ng Crypto Sa Mga Pagtanggal, ngunit Nakikita ng Ilan ang Pagkakataon na Magdagdag ng Talento; BTC, ETH Pumapaitaas Pagkatapos ng Fed Rate Hike

Pinilit ng bear market ang maraming organisasyon na bawasan ang kanilang mga manggagawa, na nakakasira sa moral at nagpapahina sa mga kumpanya.

Crypto companies have been cutting jobs. (Getty Images/iStockphoto)

Mercados

Market Wrap: Ang Crypto Markets ay Nagnenegosyo nang Mas Mataas habang Nagtataas ang Fed ng Mga Rate ayon sa Inaasahang Halaga

Malaki na ang presyo ng mga mamumuhunan sa 75-basis point hike ng U.S. central bank.

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Vídeos

Arcane Research: Decline in WBTC Likely Related to Celsius Loan Payment

Glassnode data shows the number of wrapped bitcoin (WBTC) declined to around 236,000, the lowest level since bitcoin (BTC) hit all-time highs in late 2021. According to Arcane Research, the drop could be related to Celsius repaying a WBTC loan as the troubled lender filed for bankruptcy. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Bitcoin Spikes Above $22K as Fed Raises Rates by 75 Basis Points Again

Bitcoin (BTC) climbing above $22,000 Wednesday as the U.S. Federal Reserve announced a second consecutive 75 basis-point rate hike. Marketgauge Group Managing Director Michele Schneider and Bitwise Asset Management President Teddy Fusaro join "All About Bitcoin" to discuss what the decision means for the crypto markets.

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