Economy

(David McNew/Getty Images)
U.S. Added 206K Jobs in June as Unemployment Rate Rose to Highest Since November 2021
Bitcoin dipped a hair on the news but prices had already crashed over the past 48 hours as markets dealt with a crush of new supply.
(David McNew/Getty Images)

(stevepb/Pixabay)
Meme Coins and Macro: U.S. Credit Card Holders Most Stressed Since 2012
The percentage of credit card loans outstanding for over 90 days has increased to the highest since 2012, a signal that speculative activity may ease off.
(stevepb/Pixabay)

U.S. Federal Reserve Chair Jerome Powell (Screen capture courtesy of the Senate Banking Committee)
Fed Should Cut Interest Rate as Restrictive Stance Adds to Inflation, Democrats Say
Elevated interest rates aimed at taming inflation have become a part of the problem, three Democrat senators said.
U.S. Federal Reserve Chair Jerome Powell (Screen capture courtesy of the Senate Banking Committee)

food shopping in brown bags
Bitcoin Market Activity Suggests Looming U.S. Inflation Data May Be Non-Event
The way bitcoin options are priced suggests Wednesday's CPI report, though pivotal, may do little to disturb the calm in the crypto market.
food shopping in brown bags

U.S. employment data for February was reported Friday morning (Getty images)
U.S. Added 275K Jobs in February; Unemployment Rate Unexpectedly Rose to 3.9%
So far in 2024, bitcoin's concerns about the path of the economy or interest rates have taken a back seat to the overwhelming demand from the spot ETFs.
U.S. employment data for February was reported Friday morning (Getty images)

(stevepb/Pixabay)
Bitcoin's Price Rally May Add to Inflation. Here's Why
The so-called wealth effect from unrealized crypto-market gains, which is estimated to be stronger than stocks, could boost consumer spending and inject demand-pull inflation...
(stevepb/Pixabay)

The Federal Reserve building in Washington, D.C. (Jesse Hamilton/CoinDesk)
Goldman Sachs Sees Fed Delivering First Rate Cut in Q3 2024: Reuters
The Fed's benchmark interest-rate range is currently 5.25% to 5.5%.
The Federal Reserve building in Washington, D.C. (Jesse Hamilton/CoinDesk)

Chicago, Illinois (Neal Kharawala/Unsplash)
U.S. Interest Rates High Enough to Tame Inflation, Avoid Recession: Chicago Fed
Federal Reserve Bank of Chicago economists predict low inflation and a resilient economy, a potential goldilocks scenario for risk assets, including cryptocurrencies.
Chicago, Illinois (Neal Kharawala/Unsplash)

The U.S. jobs report for August was released Friday morning (Unsplash)
U.S. August Job Adds of 187K Vs Estimates for 170K; Unemployment Rate Rises to 3.8%
With spot bitcoin ETF aspirations sidelined after the SEC yesterday pushed off decisions on a raft of new applications, crypto bulls are hoping an employment slowdown and lowe...
The U.S. jobs report for August was released Friday morning (Unsplash)

robot hand holding dollar bills
AI Investment Could Reach $200B Globally by 2025: Goldman Sachs
Generative AI has huge economic potential and could boost global labor productivity, the report said.
robot hand holding dollar bills