Economy

Jobs

US Added Fewer Jobs Than Expected in January, Boosting Case for Stimulus

The report will likely influence negotiations over U.S. President Biden’s $1.9 trillion stimulus package over the coming weeks.

Business  ·  5 February 2021
Bitcoin

First Mover: As Markets Turn Ugly, Bitcoiners Thank Secular Trend

At start of October, bitcoin analysts were bullish, but few would have guessed the cryptocurrency's price could double by the end of 2020.

Markets  ·  21 December 2020
Bitcoin

First Mover: Bitcoin Rally Stalls as ‘DeFi Summer’ Proves Endless

This year's explosion in decentralized finance, or DeFi, highlighted just how much innovation was happening in digital-asset markets, beyond bitcoin.

Markets  ·  18 December 2020
Bitcoin

First Mover: Geek-Fest Turns Relevant as Bitcoin Passes $21K, $22K, $23K

As bitcoin prices push to new all-time highs, it's worth recalling May's "halving," which highlighted the cryptocurrency's potential inflation resistance.

Markets  ·  17 December 2020
Bitcoin

Federal Reserve Keeps Rates Unchanged, Adds Qualitative Guidance on Pace of Money-Printing

The Federal Reserve said Thursday said it would hold U.S. interest rates at their current level, close to zero, and added qualitative criteria to govern how long it will keep up its $120-a-month bond-buying program.

Markets  ·  16 December 2020
Bitcoin

First Mover: Stimulus Tests Bitcoin in Real-Time, and It Passes $20K

Bitcoin has climbed as more big investors said it might serve as a hedge against inflation. On Wednesday prices crossed $20K for the first time.

Markets  ·  16 December 2020
Bitcoin

New Federal Reserve ‘Qualitative’ Approach Could Push Further Into Experimental Realm

"Qualitative" is the new "quantitative" as economists predict the Federal Reserve will move to add subjectivity to its rules on money printing.

Markets  ·  15 December 2020
Latin America

Las Criptomonedas Surgen en la Desafiante Economía de Argentina

La industria de la criptografía de Argentina registró volúmenes comerciales récord este año, en medio de la pandemia de COVID-19 y las dificultades económicas.

Markets  ·  15 December 2020
Bitcoin

First Mover: Reminiscing on Pre-Pandemic Bitcoin as Rally Stalls

Back in January, few analysts could foresee the investment theme that would ultimately cause bitcoin prices to triple over the course of 2020.

Markets  ·  15 December 2020
Bitcoin

First Mover: Horrible 2020 Economy Proved Best Thing for Bitcoin

In 2020, bitcoin went from fringe investment to the talk of Wall Street, as the coronavirus-induced recession spurred recovery plans built around stimulus.

Markets  ·  14 December 2020
Latin America

Crypto Is Booming in Economically Challenged Argentina

Argentina's crypto industry saw record trading volumes this year, amid the COVID-19 pandemic and economic hardship.

Markets  ·  14 December 2020
Bitcoin

First Mover: Why the Fed Cares About Remote Working – And What It Means for Bitcoin

The potential economic impact of a shift to widespread remote working is a matter of risk management: Authorities should be mapping out scenarios.

Markets  ·  13 November 2020
Bitcoin

First Mover: Resistance Is Futile as Bitcoin Breaches $15K, Crypto Gets Greedy

As bitcoin surges, bullish analysts (and greedy traders) see few stopping points before prices challenge the all-time high near $20K.

Markets  ·  6 November 2020
Bitcoin

Federal Reserve Keeps Rates Close to Zero, Maintains Asset Purchases

The statement is in keeping with economists' expectations for the U.S. central bank to take no new monetary policy actions.

Markets  ·  5 November 2020
Bitcoin

First Mover: 11 Election Talking Points on Bitcoin as TRUMP Futures Point to Loss

From a look-back to bitcoin's price reaction in November 2016 to the ramifications of a "blue wave" (or red), here's how to play the election.

Markets  ·  3 November 2020