Inflation
Coinbase Posts $1.9B in Q2 Transaction Revenue, Beating Estimates
Coinbase posted $1.9 billion in transaction revenue in the second quarter of 2021, surpassing analyst estimates for $1.57 billion in its second-ever earnings report as a public company. The crypto exchange also noted ether was traded more than bitcoin in Q2 for the first time. CoinDesk's Nate DiCamillo digs into the report and reveals about the outlook for Coinbase and the wider industry. Plus, his insights into the latest Consumer Price Index (CPI) numbers.
US July Consumer Price Index Rose Slightly Faster Than Expected
A year-over-year gain of 5.4% may reflect an economy that’s still suffering from supply shortages while keeping up with increasing demand.
The End of Exorbitant Privilege: Inflation, the Global Dollar and What Comes Next
What would it mean for the dollar to lose its global reserve status? Why might it happen? And what could take its place?
Fed Could Begin Tapering Bond Purchases Beginning October, Says Fed Governor Waller
According to Fed Governor Christopher Waller, the Federal Reserve could begin reducing its bond purchases as early as October. He cited the need to see consecutive strong job reports in August and September for tightening policy against rising inflation. "The Hash" hosts discuss the implications for the crypto markets and the wider U.S. economy.
Bitcoin Struggling to Notch 9-Day Winning Streak. What’s Next?
Bitcoin has notched an eight-day winning streak that has taken the price to above $40K, but will this rally continue? Quantum Economics founder and CEO Mati Greenspan shares his data analysis that reveals bitcoin’s possible trajectory.
Federal Reserve Keeps Rates Near Zero, Still Sees Inflation as ‘Transitory’
Even while pressure mounts to taper its asset purchases, the central bank will continue its accommodative quantitative easing.
What’s Next for Bitcoin as It Heads for Lowest Weekly Close Since June
Bitcoin is headed for its lowest weekly close since June 14 and remains in a lull into the weekend.
Market Wrap: Bitcoin Slides Toward $30K, Looks ‘Fragile’
Federal Reserve Chairman Jerome Powell testified before the U.S. Senate, about inflation and the possible rollout of a digital dollar.
Market Wrap: Bitcoin Flat; Fed’s Powell Grilled on Crypto
The Federal Reserve chief signaled the U.S. central bank isn’t likely to dial back monetary stimulus anytime soon.
Bitcoin Dips Below $32K as Bets for Fed Rate Hike Rise
Bitcoin's price dipped below $32K Wednesday amid increased bets the U.S. Federal Reserve will potentially raise interest rates earlier than expected. "The Hash" hosts discuss the future of bitcoin if it no longer behaves like the inflation hedge it is said to be. Plus, reactions to Fed Chair Jerome Powell's testimony on inflation and the state of the wider economy.
