The Week Ahead: How Sticky is US Inflation and How Soft is China’s?
There are three potential inflection points. The first is a pause from the Fed; if nothing else, Powell signaled it was too early to think about it. The second is
Michael Saylor Says BTC is The Hope for Lebanon Financial Crisis
Michael Saylor, the chairman of MicroStrategy, has recommended Bitcoin as the sole hope for the crisis-ridden middle east country, Lebanon. Saylor made the declaration yesterday on Twitter while commenting on a report
Financial Stability Report
This report presents the Federal Reserve Board’s current assessment of the stability of the U.S. financial system. By publishing this report, the Board intends to promote public understanding by increasing
China reopening hopes spur big FOMO rally
Despite yesterday’s negative US finish, Asia markets bounced back strongly today on more unsubstantiated reports that the Chinese government is looking at a reopening strategy as it looks to navigate
ECB Promises More Rate Hikes, But the Language Softens
The European Central Bank (ECB) raised its interest rate by another 75 basis points (bps) to 1.5% at the October meeting, bringing its policy rate now within the band of Bitcoin metric warns of $21K profit-taking as decade-old BTC wakes up
As BTC/USD stages something of a comeback in the second half of October, hodlers are changing their behavior after a year-long bear market. According to Glassnode, the number of Bitcoin previously stationary in
The next Bank of England rate hike may be smaller than you’re expecting
It’s been a wild ride for Bank of England (BoE) expectations since September’s fateful ‘mini budget’. The resulting chaos in financial markets had prompted investors to, at one point, price
Yen slips against greenback after BOJ stays dovish
The yen fell more than 1% against the dollar on Friday after a dovish Bank of Japan kept ultra-low interest rates, bucking the trend among other major central banks, while Former Chinese leader Hu Jintao unexpectedly led out of room as Party Congress comes to a close
China’s former top leader, Hu Jintao, was unexpectedly led out of Saturday’s closing ceremony of the Communist Party Congress, in a moment of drama during what is typically a highly