2020-9-18 22:00 |
A wide-ranging conversation about the state of macro, why central banks can’t really do anything and why private markets are leading the future of money. origin »
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Global stock markets surged higher on Friday after central banks around the world unleashed a torrent of stimulus measures to cushion the shock from coronavirus (Covid-19). With US stock futures sharply higher, Wall Street is expected to have yet another big swing.
2020-3-20 18:33 | |
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El Salvador plans to continue and potentially accelerate its purchases of Bitcoin (BTC) despite its recent deal with the International Monetary Fund (IMF), according to Stacy Herbert, the director of the country’s Bitcoin Office.
Vancouver Mayor Ken Sim has unveiled a groundbreaking proposal to add Bitcoin (BTC) to the city’s financial reserves, citing its potential to protect purchasing power and diversify resources.
Four years on from the start of the COVID-induced global financial crisis, the global economy stands at a pivotal moment, characterized by moderate inflation and low unemployment yet overshadowed by uneven growth and escalating debt in advanced economies.
Crypto markets are facing pressure from multiple fronts as the US elections, ambiguous macroeconomic data, and downbeat sentiment related to crypto exchange-traded funds (ETFs) outflows are weighing on prices, according to a recent report by Nansen.
In a gathering of financial heavyweights at this year’s Davos, BlackRock CEO Larry Fink and JPMorgan CEO Jamie Dimon voiced concerns about the current economic landscape. Drawing parallels with the volatile 1970s, they underscored mounting worries over fiscal deficits, surging inflation, and the disruptive role of populism on supply chains.
In an environment of soaring interest rates and economic unpredictability, Bitcoin and the broader crypto market face increased headwinds. The shift in the financial landscape was recently underscored by the Benchmark 10-year US Treasury yield, which hit a 16-year high this Thursday.
The Bitcoin and crypto market is starting into a very quiet week today in terms of upcoming events. Both crypto related events as well as notable macro data are very scarce this week. The most important macro data are the ISM Services PMI (on Wednesday 10:00 am EST) and the initial jobless claims (on Thursday […]