Economy

Bitcoin

First Mover: Bitcoin Heads for 24% October Gain as US Election Countdown Begins

Pantera's Dan Morehead looks at negative images of GDP charts and counts words in Satoshi Nakamoto's white paper to chronicle bitcoin's "movement."

Markets  ·  30 October 2020
Podcasts

Mirage Recovery: What ‘Record’ GDP Growth Tells Us About the Economy

The Department of Commerce’s new report shows 33.1% annualized GDP growth in Q3, but does this really tell us much about the state of the economy?

People  ·  29 October 2020
CoinFlash

Iran Amends Law to Allow Imports to Be Funded With Cryptocurrency

Strapped for international currencies, Iran is turning to cryptocurrency to allow imports to continue flowing.

Policy & regulation  ·  29 October 2020
Bitcoin

First Mover: Bitcoin Falls as COVID-19 Surges, ECB’s Lagarde Steps Up, US GDP Hits 33%

The enthusiasm jolt from bitcoin's ascent toward $14K ran into realism, and options traders see low probabilities of a new price record this year.

Markets  ·  29 October 2020
Bitcoin

First Mover: Bitcoin Steady Over $13K as JPMorgan Has Eureka! Moment

Bitcoin traders can be forgiven for gloating over JPMorgan's sudden pronouncement that the largest cryptocurrency has considerable long-term upside.

Markets  ·  26 October 2020
Newsletters

Money Reimagined: Trump, Crypto and Fairer Taxes

Trump's tax returns show the unfairness of the tax system and the need for reform. Blockchain governance offers some ideas.

Policy & regulation  ·  2 October 2020
Podcasts

Why the Stock Market Is Poised for Its Worst September Since 2011

Last week saw the third-biggest outflow from stock funds in history, and the dollar is the strongest it’s been since April. Here’s what’s going on.

People  ·  26 September 2020
DeFi

Stablecoins Hit $20B Milestone, a Nearly 300% Year-to-Date Surge

The total value of stablecoins has now surpassed $20 billion, reflecting the growing demand of investors looking to hedge their risks in both crypto and traditional markets amid the coronavirus pandemic.

Markets  ·  25 September 2020
Podcasts

Did Corporate Insiders Perfectly Predict the Market Top?

In August, the volume of personally owned stock sold by corporate executives reached its highest level since 2015, followed by a 10% decline in the S&P500 in September.

People  ·  24 September 2020
Opinion

How Activist Investors Can Help the Digital Assets Industry Mature

Often demonized for acting self-interestedly, activist investors can bring much needed focus to struggling organizations. In crypto, too.

Markets  ·  21 September 2020
Bitcoin

First Mover: Federal Reserve Does What It Wants to Do as Bitcoin Hits $11K

This week's Fed meeting ushered in a new regime for U.S. monetary policy, offering a reminder of just how frequently top officials change the rules.

Markets  ·  17 September 2020
Podcasts

Governments vs. Networks: The Battle for the Soul of Finance

Governments have significant discretion over economics and finance today, but decentralized network-driven alternatives threaten that control.

People  ·  16 September 2020
Bitcoin

Federal Reserve Now Targets Inflation Above 2%, Bitcoin Breaks $11K

Federal Reserve officials said Wednesday they would hold U.S. interest rates at close to zero and work to push inflation above 2% "for some time."

Markets  ·  16 September 2020
Bitcoin

First Mover: Binance’s CZ Doesn’t Even Dispute That DeFi Might Be Inevitable

Big crypto exchanges like Binance, Huobi and OKEx are rushing out DeFi platforms to cash in on the fast-growing industry and stanch user defections.

Markets  ·  16 September 2020
Podcasts

The Decade of the Living Dead: How Zombie Companies Are Robbing Tomorrow’s Economy

The percentage of companies that can’t afford to pay the interest on their debt has reached a new all-time high in the wake of central bank intervention.

People  ·  15 September 2020