Economy
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?
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.
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.
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.
First Mover: Bitcoin Steady Over $13K as JPMorgan Has Eureka! Moment
Bitcoin traders can be forgiven for gloating over JPMorgan's sudden pronouncement that the largest cryptocurrency has considerable long-term upside.
Will Bitcoin Replace the US Dollar as the World’s Reserve Currency?
Marc Chandler, chief market strategist at Bannockburn Global Forex and author of “Making Sense of the Dollar,” joins CoinDesk markets reporter Omkar Godbole to discuss the trend in the dollar, bitcoin and gold and whether the dollar would be replaced by bitcoin as the global currency reserve.
How Bitcoin Could Become the Reserve Asset for DeFi, Feat. Qiao Wang
Crypto trader, analyst and operator Qiao Wang looks at bitcoin’s macro resilience and why DeFi is here to stay.
Money Reimagined: Trump, Crypto and Fairer Taxes
Trump's tax returns show the unfairness of the tax system and the need for reform. Blockchain governance offers some ideas.
Will Bitcoin Replace the U.S. Dollar as the World’s Reserve Currency?
Marc Chandler, chief market strategist at Bannockburn Global Forex and author of “Making Sense of the Dollar,” joins CoinDesk markets reporter Omkar Godbole to discuss the trend in the dollar, bitcoin and gold, and whether the dollar would be replaced by bitcoin as the global currency reserve.
Why the Stock Market Is Poised for Its Worst September Since 2011
Last week saw the third-biggest outflow from stock funds in history, and the dollar is the strongest it’s been since April. Here’s what’s going on.
