Wholesale inflation is back in focus. Here’s what PPI means for your money and Bitcoin
Bitcoin’s inflation-hedge narrative faces a near-term test as hot PPI data pushes rate-cut hopes lower and risk assets come under pressure.
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Bitcoin’s inflation-hedge narrative faces a near-term test as hot PPI data pushes rate-cut hopes lower and risk assets come under pressure.
Andjela Radmilac 6 min read
The network is adjusting to weaker hashrate, yet miner income remains under pressure as several indicators move deeper into stress territory.
DraftKings disclosed billions in new prediction market activity this week, which is impressive until you realize the market it's chasing collects more in monthly fees than most sportsbooks make in a quarter.
Wall Street wanted a regulated way to trade Bitcoin around the clock. What it got instead was a front-row seat to one of the ugliest deleveraging weeks of the year.
The SEC’s plan to scrap the trade-through rule could remove a major obstacle for equities trading on blockchain networks.
A White House meeting with law enforcement groups shows CLARITY’s toughest Senate fight may be over crypto crime, and whether software developers should be blamed when criminals use their code.
The SPCX futures contract suggests expectations for a first-day pop remain intact, though the market has pulled back from its most aggressive bets.
BlackRock’s iShares Bitcoin Premium Income ETF disclosed a 0.65% fee as Wall Street tests yield products that may cap upside.
Glassnode says Bitcoin’s $60,000 support may need DXY below 99 or 10-year yields near 4.2% before recovery can firm.