SVET Markets Weekly Update — April 22nd – 26th 2024
In his weekly column, investor and entrepreneur Svit Svitlo provides his overview and interpretation of the last week's significant macroeconomic events, and their impact on crypto markets in the near term.
Demand to mine the Bitcoin network high despite mixed market conditions
The Bitcoin (BTC) hashrate and mining difficulty has risen continually through 2023 irrespective of price activity. It has risen during bullish, bearish, and trendless periods. We look at the current state of mining interest.
The Fed’s Anti-Inflationary Monetary Policy: Archaic, Ruinous, and Unfair
According to BNC contributor Svit Svitlo, the current anti-inflationary, hawkish monetary policy adopted by the US Federal Reserve is not only archaic but also economically ruinous and socially unfair. Here, he explains why.