Economy

Economy

Markets

First Mover: Why the Fed Cares About Remote Working – And What It Means for Bitcoin

The potential economic impact of a shift to widespread remote working is a matter of risk management: Authorities should be mapping out scenarios.

Even central bankers are working remotely these days – and having perfectly robust discussions of everything from the economy to stimulus to central bank digital currencies to telework.

Videos

Bitcoin’s US Election Surge: What’s Next?

CoinDesk journalists discuss the election’s impact looking at this week’s events and into the future.

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Markets

First Mover: Resistance Is Futile as Bitcoin Breaches $15K, Crypto Gets Greedy

As bitcoin surges, bullish analysts (and greedy traders) see few stopping points before prices challenge the all-time high near $20K.

As bitcoin rallies, analysts say $15,000 might just be another milestone on the way to higher prices.

Markets

Federal Reserve Keeps Rates Close to Zero, Maintains Asset Purchases

The statement is in keeping with economists' expectations for the U.S. central bank to take no new monetary policy actions.

Federal Reserve Chair Jerome Powell

Markets

First Mover: 11 Election Talking Points on Bitcoin as TRUMP Futures Point to Loss

From a look back to bitcoin's price reaction in November 2016 to the ramifications of a "blue wave" (or red), here's how to play the election.

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Markets

First Mover: Bitcoin Heads for 24% October Gain as US Election Countdown Begins

Pantera's Dan Morehead looks at negative images of GDP charts and counts words in Satoshi Nakamoto's white paper to chronicle bitcoin's "movement."

The countdown is beginning toward what could be one of the most tumultuous presidential elections in U.S. history.

Markets

Mirage Recovery: What ‘Record’ GDP Growth Tells Us About the Economy

The Department of Commerce’s new report shows 33.1% annualized GDP growth in Q3, but does this really tell us much about the state of the economy?

Breakdown 10.29

Policy

Iran Amends Law to Allow Imports to Be Funded With Cryptocurrency

Strapped for international currencies, Iran is turning to cryptocurrency to allow imports to continue flowing.

Tehran, Iran

Markets

First Mover: Bitcoin Falls as COVID-19 Surges, ECB's Lagarde Steps Up, US GDP Hits 33%

The enthusiasm jolt from bitcoin's ascent toward $14K ran into realism, and options traders see low probabilities of a new price record this year.

European Central Bank President Christine Lagarde.

Markets

The ‘Everything Crash’ Is Coming? Markets Go Risk-Off as European Stocks See Worst Day in 5 Months

Stocks, oil, even gold are down on fears of resumed COVID-19 lockdowns, but bitcoin hodlers are keeping the faith.

Breakdown 10.28