Inflation
Binance Halts USDC Support; Inflation Hits Crypto
Issuer of USDC questions Binance’s move to convert users’ stablecoin holdings into its own BUSD. Meanwhile, inflation takes a bite out of financial assets. More on those stories and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Ether Primed for Pre-Merge Rally After Wedge Breakout
Ether looked north, having exited a falling wedge pattern last week, analysts said. Buyers remained on the sidelines early Monday as Europe's worsening energy crisis zapped risk appetite.
US Inflation-Adjusted Bond Yield at Highest Since Mid July; Derivatives Markets Heating Up
The inflation-adjusted 10-year U.S. bond yield has jumped to 0.67% – the highest level since July 11 according to TradingView data. Separately, the perpetual futures market volume is heating up ahead of the highly anticipated Ethereum Merge. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
More Volatility Ahead for Bitcoin as Federal Reserve Keeps Quiet
BTC traders will have to be data dependent, just like the central bank.
Bitcoin Falls Under $20K Again; NY Fed President Expects Interest Rates to Stay High
Bitcoin (BTC) and ether (ETH) could be in turmoil as Glassnode’s open interest leverage ratio hits record high. Plus, New York Federal Reserve President John Williams expects interest rates to remain high until inflation eases.
Inflation Hedge or Not, Bitcoin's True Value Is Separation of Money and State
Inflationary forces are still out there and investors are thinking about how best to protect themselves. Is bitcoin a way to do that?
Federal Reserve’s Powell: Inflation Battle Not Yet Close to Finished
The U.S. central bank chair, in a speech Friday morning, doubled down on his intent to aggressively hike interest rates to bring inflation down.
