Inflation
Bitcoin Slips to $55K as Renewed COVID Concerns Jolt Traditional Markets
The cryptocurrency appeared set for a breakout above $60,000 after Thursday’s rise, but COVID fears played spoilsport.
Axie Infinity Finds Ready Players in Hyperinflation-Racked Venezuela
As they have in the Philippines, some players are making enough money to feed their families.
Biden to Renominate Powell as Fed Chair and Appoint Brainard as Vice Chair
The president cites Powell’s stewardship of the economy during the pandemic.
Turkey Makes the Case for Bitcoin as Erdogan Runs the Autocrat’s Inflation Playbook
The longtime ruler’s unhinged monetary policy follows a familiar pattern – and it’s pushing some Turks toward bitcoin.
Biden and the Fed: Why Powell or Brainard Won’t Change Much for Crypto
Both candidates are seen as taking a tough stance on crypto regulation, but they’re also both seen as dovish – possibly beneficial for bitcoin’s inflation narrative.
Bitcoin Still a Risk Asset Despite Last Week’s Inflation-Led Rally, TradFi Experts Say
An elevated inflationary environment is completely new territory for bitcoin and its reaction function, one analyst said.
Off the Charts: Supply Chain Angst
Is inflation in the U.S. the product of monetary policy or supply chain problems?
Bitcoin Retreats From All-Time High, Ether Follows
The shakeout appeared to coincide with a turn lower in U.S. stock markets.
