Bitcoin's reputation as a safe haven asset has long been disputed by the world of traditional finance. Its lack of centralized control, extreme price volatility, and novelty made it hard to categorize as inflation-proof or recession-proof. However, in the past year we've seen that in times of uncertainty, investors keep choosing Bitcoin over fiat....
For a country in which hyperinflation has become an expectation, bitcoin is a potential for real savings.This is an opinion editorial by Samantha Messing, a Brown grad making the world a better place with Bitcoin.Investing legend and limousine liberal Warren Buffett has never been a fan of Bitcoin. He...
The FOMC meeting has been done and dusted, but its impact on the price of bitcoin has left a lasting market. Where the market had expected volatility following such an important meeting for the financial market, it was steeper than expected. Looking back, it has been one of the most volatile that the market has been and a new record for the FOMC...
Shelter is the highest part of the consumer price index and it is a lagging indicator, meaning prices may have already reached their highest.“Fed Watch” is a macro podcast, true to bitcoin’s rebel nature. In each episode, we question mainstream and Bitcoin narratives by examining current events in macro from across the globe, with an emphasis on central banks and currencies....
Bitcoin and the broader crypto market are struggling to stay above their June lows due to renewed strength from the dollar. Bitcoin Down as the Dollar Rallies Bitcoin is battling...
The Federal Reserve moved forward with a 75 basis point interest hike at today’s Federal Open Market Committee meeting. The 75 bps hike was the more moderate of the two options in front of the Federal Reserve. The Consumer Price Index for August showed an 8.3% YoY inflation. The Fed... Read more
While many talking heads would like you to believe that inflation is slowing down, the current policies only serve to make the problems significantly worse.The below is a direct excerpt of Marty's Bent Issue #1261: “CPI Shocks the Markets.” Sign up for the newsletter here...
August CPI inflation data was worse than expectated and the markets repriced in response. Bitcoin falls more than 10% and the S&P; 500 closes down 4.3%....
The new leader of the Conservative Party, Pierre Poilievre, said earlier this year that he thinks bitcoin is a good way to beat inflation. On Monday, Canadian Prime Minister Justin Trudeau said that the opposition party was wrong to tell people to invest in bitcoin to fight inflation. "Telling people they can avoid inflation by […] The post...
The Producer Price Index for the month of August was just released. The data highlights a -0.1% MoM change in producer prices. It is also what most economists estimated the PPI to be. Meanwhile, the core PPI shows an MoM change of 0.4%, rather than the expected 0.3%. Since the... Read more
Ethereum tumbled immediately after todays higher-than-expected Consumer Price Index print. Ethereum Hit by CPI Print Ethereum is in the home straight of its Merge to Proof-of-Stake, but traders are dumping...
Bitcoin failed to hold $22,000 as declines in energy prices drove down U.S. CPI less than expected to 8.3% in August; all other sectors rose MoM.Inflation fell to 8.3%, marking the second consecutive month of falling CPI reports. Every sector witnessed increased MoM inflation, except the energy sector which tilted the report.Bitcoin plunged below the $22,000 support level following the...
The U.S. Bureau of Labor Statistics shared the Consumer Price Index report for August Tuesday, revealing that inflation had cooled to 8.3%. U.S. Inflation Cools U.S. inflation has decreased for...
This month, most people think that the U.S. Federal Reserve will raise its key interest rate by another 75 basis points. U.S. Jerome Powell, the head of the Federal Reserve, sent a strong and clear message that the central bank's job is to quickly bring inflation down. During a question-and-answer session at the Cato Institute […] The post U.S....
The economic situation of the United States has been getting worse in recent times, recording inflation rates that have not been seen in 40 years. Given this, the Fed obviously have their work cut out for them, and they have reportedly begun taking measures against this. Fed Chair Jerome Powell had made a speech a little over a week ago where he had...
In order to understand Bitcoin’s potential role in the future, we must understand the monetary system of the present.This is an opinion editorial by Taimur Ahmad, a graduate student at Stanford University, focusing on energy, environmental policy and international politics.Author’s note: This is the first part of a three-part publication....
With more good news is bad news jobs data, the world’s inflationary bear market is spelling trouble ahead....
As it stands, the argument for Bitcoin as money has several components which could be called into question.This is an opinion editorial by Taimur Ahmad, a graduate student at Stanford University, focusing on energy, environmental policy and international politics.Author’s note: This is the first part of a three-part publication. Part 1 introduces the Bitcoin standard...
Quantitative easing (QE) has become synonymous with the COVID-19 pandemic as the blowout from the lockdowns stalled the growth of the global economy and threatened to turn into a financial crisis. To artificially create economic growth, central banks began buying up government bonds and other securities, while governments began expanding the money supply by printing more money. This was felt the most in...
Despite their best efforts, European countries' governments have so far been unable to curb inflation this year. Russia's invasion of Ukraine was the spark that finally triggered the crisis that loomed since the outbreak of the COVID-19 pandemic in 2020. In June, EU member states released their consumer price index (CPI), showing that prices have risen significantly from the numbers released in June....
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