Markets and Economics News and Information Today

Signs that we’re close to the bottom?

Dec 05, 2022

Is the bottom in? This question is not only on the minds of crypto investors. Also traditional investors are looking for signs that the worst is behind us. Let’s look at some indicators in both macroeconomics and crypto that could guide us.

Small holders are stacking BTC at record pace

Nov 28, 2022

The current bearmarket is turning out to be a nice opportunity for Bitcoin believers who aren't wealthy. For many, the goal of becoming a wholecoiner, is a worthy endeavour. According to data from Glassnode, they are buying at a record pace.

About the receding tide and naked crypto companies

Nov 28, 2022

One after another major player in the crypto world toppled over since spring 2022. Crypto exchange FTX was the latest (for now?). Crypto prices took a nosedive during this period. Are we at the end or could some more corpses fall out of the closet?

Can Solana survive the storm?

Nov 25, 2022

When exchange FTX crashed in the second week of November, Solana had a million dollars in cash on there. Hardly a sum to lose sleep over: according to Solana, it's less than one percent of their reserves. But still, the entanglement of FTX and Solana makes one wonder: does this spell insurmountable trouble? Or will Solana pull through, which would imply it is a great time for investors to stack some SOL?

Bitcoin is cautiously bullish: Fed meeting minutes hint smaller rate hikes

Nov 24, 2022

The biggest factor this year that determined the Bitcoin price was the crypto drama that unfolded in 2022. With the FOMC meetings and the release of the inflation data, a second factor came into play that wasn’t exactly bullish this year either. Yesterday, the Fed released the FOMC meeting minutes and a couple of remarks gave hope that pivot may be closer than we think.

Sam Bankman-Fried still welcome at conference with world leaders

Nov 23, 2022

More and more details emerge of, what seems to be malpractice, behind the scenes of bankrupt exchange FTX. That is why many people in crypto are baffled that former CEO Sam Bankman-Fried (SBF) has not been arrested yet. And for them, it is maybe even more inexplicable, that he will be one of the guests of the prestigious New York Times DealBook summit next week.

Young academics advise US government on Bitcoin adoption

Nov 23, 2022

While blood runs through the streets in the current bear market, we continue to see branches of hope sprouting up. We see an emerging class of thinkers and advisors among the young generation of intellectuals. Bitcoin intellectuals. One is from Harvard and one from MIT. The latter will advise the US government.

After FTX crash, DeFi gains users

Nov 16, 2022

The reverberations of the downfall of crypto exchange FTX are felt across crypto. One immediate aftereffect is that crypto investors have been moving their stash from exchanges to cold storage. The other is the rising popularity of Decentralized Finance.

What is the Kimchi premium?

Nov 14, 2022

Kimchi premium is the term to describe the price differences between cryptocurrency exchanges in South Korea and those in the global markets. The premium is sometimes smaller, or can even disappear, depending on market conditions. It is a signal of an overheated retail market, indicating that prices might be peaking.

Binance CEO wants to launch industry recovery fund

Nov 13, 2022

The CEO of Binance, the world's largest crypto exchange, announced he wants to form an 'industry recovery fund' to help crypto companies overcome possible liquidity crises. The timing of CZ's announcement is no coincidence: after the bankruptcy of FTX, people are concerned about the liquidity of basically every crypto exchange.

Binance won't buy FTX, markets tank

Nov 10, 2022

The deal of Binance acquiring FTX, which was supposed to cost $1, is most likely off. Crypto markets weren't pleased. BTC dropped to 15.700 euro before recovering a bit during the night. The fact that millions of FTX depositors might not see their money back, is considered a blow that the crypto industry will take a while to recover from.

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