Inflation
First Mover Asia: Macau’s Digital Currency Embrace Could Be a Nightmare for Its Casino Industry; Bitcoin Points Upward
The Special Administrative Region passed a bill that would create a legal framework for accepting digital currency, but would also allow China to monitor Chinese nationals visiting Macau; the largest cryptocurrency by market cap is trading above $19.5K.
Bitcoin Is Not a Pure CPI Hedge: Strategist
Bitcoin (BTC) is both an inflation hedge and a risk asset that follows stocks, says Martin Leinweber, MarketVector Indexes digital asset product strategist. But, "what bitcoin is not, is a pure CPI hedge," he adds. Plus, he discusses why bond market trends are important for crypto.
Bitcoin Outlook After Sinking to 4-Month Low
Bitcoin rebounded Friday, defying consensus for a continued slide in the wake of hotter-than-expected U.S. inflation data, but industry experts aren't sure if the recovery has legs. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Why Did Crypto Surge After Bad Inflation News?
Thursday’s ludicrous price action across asset markets shows just how weird things can get when the Federal Reserve is driving the bus.
Bitcoin Back Above $19K, Recovering After Hot Inflation Report
Bitcoin (BTC) rebounds to $19,700, paring losses after Thursday’s short squeeze triggered by the hot inflation data. Injective Labs CEO and co-founder Eric Chen joins "First Mover" to discuss his crypto outlook and whether the rally could last. Plus, insights on October being the worst month for crypto hacks.
First Mover Asia: Crypto Trading Firm Amber CEO Argues Bitcoin Can Still Be an Inflation Hedge; Cryptos' Surprising Rebound
Michael Wu says bitcoin offers “a better form” of storing value than any previous type of asset and ether provides great value as a “tech infrastructure investment.”
Bitcoin in Turmoil Following Hot Inflation Data
Thursday's CPI report indicates U.S. inflation rose to a 40-year high in September amid the Fed's consecutive interest rate hikes. The hot inflation data left bitcoin (BTC) in turbulence. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
