Economics Financial News

23.06 / 06:47

Adoption economics Bitcoin place Russian Ministry of Finance Says There’s No Place for Crypto in Oil Trading

The Russian finance ministry has cast doubt on talk of the nation selling oil for crypto – but claims that blockchain-powered tokens could play an “alternative” role in the business dealings of smaller-scale exporters.

22.06 / 19:11

Ethereum economics Chainalysis Bitcoin Drop Mining Difficulty Withdrawals BlockFi Withdrawals Drop, Bitcoin Mining Difficulty, New NFT Wallets, 3 Crypto Films + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

20.06 / 18:55

ETF economics Bitcoin NOT First Short Bitcoin ETF in US, FATF Not Happy With VASPs, Inactivity Fee on Bitstamp + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

17.06 / 23:27

Ethereum economics Bitcoin rate hikes Bitcoin Better at Tackling Rate Hikes than Ethereum, Stocks - Report

Bitcoin (BTC) is the best asset to “moderate the economic impact” of major interest rate announcements, according to a new report from Babel Finance, a crypto-financial services provider.

16.06 / 18:27

Ethereum economics Federal Reserve Bitcoin analysts Bitcoin, Ethereum Struggle a Day After Fed's Record Rate Hike as Analysts Hope for a Bounce

The bitcoin (BTC) and broader crypto market failed to recover higher and returned to the selloff on Thursday, after a brief rally following the US Federal Reserve’s (Fed) announcement on Wednesday that it had raised rates by 75 basis points, its largest rate hike since 1994.

15.06 / 21:17

economics Federal Reserve Bitcoin Fed Raises Rates by 75 Basis Points

On Wednesday, the US Federal Reserve (Fed) raised rates by 75 basis points,in line with most analysts’ forecasts. (This is a developing story and is being constantly updated.)

14.06 / 19:39

markets Ethereum economics Bitcoin Bitcoin, Ethereum & Crypto Test New Lows as Market Braces for Bigger Rate Hike on Wednesday

The cryptoasset market crash continued on Tuesday, with bitcoin (BTC) falling to as low as USD 20,800 before trimming some of its losses. The significant selloff came as the market braces for the possibility of an unusual 75 basis point rate hike from the US Federal Reserve (Fed) this Wednesday.

14.06 / 17:41

Investing economics Bitcoin El Salvador’s Finance Minister ‘Laughs off’ Claims of USD 40M Bitcoin ‘Losses’

El Salvador’s Minister of Finance Alejandro Zelaya says he is “laughing off” international media reports that claim the nation’s bitcoin (BTC) adoption plans could scupper the economy and that they have left a USD 40 million hole in national finances.

13.06 / 14:53

Ethereum economics Federal Reserve Bitcoin week Bitcoin, Ethereum & Crypto Dive as Celsius Adds Fuel to the Fed Fire This Week

The bitcoin (BTC) and crypto market came under heavy selling pressure on Monday, fueled by fears in nearly all global risk markets related to high inflation and what the US Federal Reserve (Fed) might do to tame it. At the same time, the drama surrounding crypto lending platform Celsius(CEL) is adding fuel to the fire.

13.06 / 13:15

economics Federal Reserve inflation This Is Why Fed Might Attack Inflation More Aggressively

Veronika Dolar, Assistant Professor of Economics, SUNY Old Westbury._______

10.06 / 15:37

economics inflation US Inflation for May Hits 8.6%, Above Analysts’ Expectations

US inflation hit 8.6% in May, up from 8.3% in April and above analysts’ expectations.

06.06 / 15:27

economics Federal Reserve Central Bank Reserve Dollar Dominance and the Rise of Nontraditional Reserve Currencies

Serkan Arslanalpis Deputy Division Chief in the Balance of Payments Division of the International Monetary Fund (IMF)’s Statistics Department; Barry Eichengreen, George C. Pardee and Helen N. Pardee Professor of Economics and Political Science, University of California;Chima Simpson-Bell is an Economist in the IMF’s African Department._______

01.06 / 19:11

cryptocurrency Trading economics Soros' Fund CEO Says Crypto is Here to Stay, Warns of Recession and FOMO Trap

Crypto is “here to stay,” but a recession may be around the corner and investors should beware of “FOMO,” according to Soros Fund Management CEO and Chief Investment Officer Dawn Fitzpatrick.

01.06 / 16:43

economics Federal Reserve inflation US Treasury Secretary: 'I Was Wrong About Inflation' in 2021

As America’s inflation rate remains at a level unreported since the 1980s, decreasing the population’s purchasing power, the US Treasury Secretary Janet Yellen has admitted to being wrong about "the path inflation would take."

30.05 / 18:53

Blockchain Binance economics USDC German Inflation Rate Jumps, Kazakhstan Mulls Higher Tax for Bitcoin Miners, Binance in Italy + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

26.05 / 23:13

Blockchain economics Bitcoin Central African Republic Moves Ahead With Its Crypto Hub Initiative Despite World Bank's Concerns

Central African Republic (CAR) President Faustin-Archange Touadéra is readying to launch a new crypto project, dubbed Sango - the first crypto initiative that is designed to strengthen the country’s image as an emerging African crypto hub.

25.05 / 18:07

economics Federal Reserve Central Bank Davos Davos Watch: Real Interest Rates to Remain at ‘Nothing or Next to Nothing’ & Higher Inflation Target

Inflation expectations in Europe have consistently drifted upwards, and despite rising nominal interest rates, the real rate is likely to be “nothing or next to nothing,” according to Klaas Knot, President of the Central Bank of the Netherlands. Meanwhile, a professor said that 3% is a more appropriate inflation target than the 2% that is common today.

23.05 / 14:17

Target economics inflation Bitcoin Inflation Should Be Viewed as Public Enemy Number 1

Jannie Rossouw, Visiting Professor at the Business School, University of the Witwatersrand._____

20.05 / 18:47

Binance CFTC economics Stocks Hurt US Households More Than Crypto, Commonwealth Bank Pauses Crypto Plans, Bitcoin PizzaDAO + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

18.05 / 18:53

Binance economics G7 Bitcoin G7 to Discuss Crypto, Aave's Lens Protocol Goes Live, Terra's Team Shrinks + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

11.05 / 15:37

Ethereum economics Bitcoin US Inflation for April Hits 8.3%, Slightly Above Expectations

US inflation hit 8.3% in April, down from a peak of 8.5% the month before, but still above expectations, new data from the US Bureau of Labor Statistics show.

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