Markets

Markets

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What Is the Definition of ‘Recession?’ And Does Bitcoin Care?

The "two quarters" standard is simple, but the definition by the National Bureau of Economic Research gives policymakers much-needed wiggle room. For bitcoin, the semantics don't matter.

Corporate America dismisses recession fears. (ZargonDesign)

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Market Wrap: Bitcoin Pushes Higher Despite Negative GDP Report

Growth in the U.S. economy slows, the yield curve inverts but markets rise anyway.

(Matt Cardy/Getty Images)

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Janet Yellen Sees No Recession, Calls US Economy ‘Exceptionally Strong’

The Treasury Secretary stressed job growth during a press conference after the release of 2Q GDP data.

U.S. Treasury Secretary Janet Yellen at Thursday's press conference discussing GDP data. (Win McNamee/Getty Images)

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Ether domina trading de futuros con $200 millones de opciones cortas liquidadas

Los mercados cripto se dispararon luego de que la Reserva Federal de EE. UU. subiera las tasas 75 puntos básicos, tomando por sorpresa a los traders de opciones cortas.

Posiciones cortas de ether registraron liquidaciones de $200 millones. (deepblue4you/Getty images)

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First Mover Americas: No Recession for Bitcoin as U.S. GDP Shrinks, Zipmex Files for Bankruptcy

The latest price moves in crypto markets in context for July 28, 2022.

BTC is trading above $23,000, interest in Ethereum's options markets is rising and Zipmex files for bankruptcy. (Spencer Platt/Getty Images)

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GDP Falls Further in Q2, Fueling Talk of a Recession

A widely used technical definition says that two consecutive quarters of negative GDP means the economy is in a recession.

U.S. GDP is negative for two straight quarters.

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Interest in Ether Options Rises to Record as Traders Bet on 'Merge'

"A few hedge fund names have been large buyers of the ETH calls," one trading firm noted.

Renewed interest in ether bullish plays drives ether options open interest higher. (sergeitokmakov/Pixabay)

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Bitcoin Market Awaits US GDP After Biggest Single-Day Gain in 6 Weeks

With the Federal Reserve ditching forward guidance, data releases on GDP and inflation could inject more volatility into markets than ever.

U.S. GDP is likely to show the economy avoided recession in the second quarter. (Simon Kadula/Unsplash)

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Market Wrap: Crypto Markets Trade Higher as Fed Raises Rates by Expected Amount

Investors had already largely priced in the U.S. central bank’s 75-basis point hike.

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