Economics
More Volatility Ahead for Bitcoin as Federal Reserve Keeps Quiet
BTC traders will have to be data dependent, just like the central bank.
Wounded Crypto Traders Desperate for Clues From Fed’s Big Meeting This Week
The central bank’s annual Jackson Hole, Wyoming, conference could provide hints on where interest rates are headed – and thus where crypto prices will go.
Aggressive Rate Hikes Still Necessary, Say Fed’s Evans and Kashkari
A slowdown in inflation reported Wednesday morning raised hopes the U.S. central bank might tap the brakes on its monetary tightening cycle.
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.
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.
Rate Hike at Fed's July Meeting Provides a Credibility Test, With Cuts Already on Horizon
The U.S. central bank is expected to raise interest rates by 75 basis points, which many economists say is too dovish. But traders are thinking about possible rate cuts as soon as next year.
Who Is Building Ethereum's Public Goods?
The aim of Web3 isn’t exploitation, but "regeneration" of nonstate and noncorporate infrastructure.
