Fed lied, banks died.
The current banking crisis is a result of the “transitory” lie. The Fed should have reacted to inflation six months earlier, and raised rates more gradually. Instead, they slammed on the brakes and now we have a car crash.
Crypto Market Forecast: Week of December 5th 2022
A curated weekly summary of forward-focused crypto news that matters. This week, low unemployment numbers in the United States increase the likelihood of interest rate hikes, Sam Bankman-Fried prepares to testify in front of the House Committee on Financial Services, and sales of hardware wallets spike.
Crypto Market Forecast: Week of October 17th 2022
A curated weekly summary of forward-focused crypto news that matters. This week, the US CPI print for September comes in hot as prices in the country soar, Bitcoin difficulty hits a new all-time high, and Cardano continues work on scaling solutions.
Truflation – the on-chain inflation index
Stefan Rust is the founder of Laguna Labs, a cutting-edge blockchain development house. It has developed Truflation, an independent, on-chain inflation index that aims to provide cryptographically true information on price inflation using the most recent and accurate real-market data.
Bitcoin Bounces – Inflation rise fuels the crypto rally
After a gloomy start to 2022 that saw the crypto markets in the doldrums, high inflation figures helped fuel a minor rally in the markets today.
Crypto on the edge – Inflation Jitters, Evergrande Wobbles
Markets are on the edge, torn in opposite directions by two big news events. Inflation hit 6.2% hitting earners and shoppers in their wallets. In response, Bitcoin was poised to smash through $69,420 before Evergrande headlines spoiled the party.
Markets down, inflation up, + Elon and Kanye’s next moves…
This week markets are down as rising inflation pushes up food costs and the delta variant worsens the pandemic. Plus AXIE keeps mooning, stablecoins are in the regulatory firing line, and is CZ willing to work with regulators?
The case for bitcoin (or something like it)
I can remember a few years ago that the UK pound was almost at the level of being valued at $2. Two dollars to the pound. Amazing. I brought a lot of American stuff that year. Yesterday, I bought something and it was $1.30 to the pound. Shoot. The dinner for $100 that a few years ago would have cost me £50 was now £72. Ouch! I’ve seen this a lot over the years in my travels. Australia used to be cheap. It’s now expensive. Europe used to be expensive and then became cheap, but it’s getting more expensive again since we voted to Brexit.
