Market Insights Powell Finally Admits That Inflation Is Not Transitory Jerome Powell and Janet Yellen concede that the high inflation levels faced in the United States can no longer be considered transitory. Fidelity and Goldman Sachs are pursuing new Bitcoin-based financial products for their clients.
Market Insights Another $2 Trillion In Spending Is On The Way The House passed an additional $2 trillion worth of spending. Bitcoin’s price slides following regulatory developments and anticipated selling from Mt. Gox payouts.
Market Insights Bitcoin Gets An Upgrade As The Dollar Slips Inflation continues to accelerate as a massive spending package is signed into law. The Taproot update gives Bitcoin a suite of new capabilities.
Market Insights A Weakening U.S. Dollar Fuels Global Bitcoin Adoption The Fed looks to curb asset purchases as the effects of a weakening dollar are felt throughout the economy. Legislators and financial institutions are refreshingly aligned on their support for broad Bitcoin adoption.
Market Insights Companies Explore New Bitcoin Products Amid Fresh Economic Concerns Democrats are pushing forward with a downsized budget resolution. Countries and financial institutions continue driving Bitcoin adoption.
Market Insights Bitcoin Tests New All-Time Highs Bitcoin reaches new all-time highs as Jerome Powell reiterates concerns about inflation. Bitcoin markets saw several massive deals in both the public and private sectors.
Market Insights Bitcoin Rallies Above $60,000 The House of Representatives increased the U.S. debt ceiling, raising existing concerns about elevated inflation levels. Bitcoin continues to rally as the SEC clears the way for additional Bitcoin investment vehicles.
Market Insights The Senate Paves The Way For Additional Government Spending The Senate approved an increase to the debt limit, which is expected to pass in the House. The SEC and FDIC are both making efforts to support cryptocurrency markets in the United States.
Market Insights The U.S. Debt Ceiling Approaches Republicans continue blocking an increase to the debt ceiling, despite the potential ramifications of a government shutdown. Bitcoin mining operations are expanding in several countries and replacing the hashrate displaced from China.
Market Insights Companies Introduce Bitcoin Support Despite Regulatory Challenges China escalates its crackdown on cryptocurrency markets. The Fed is looking to tighten monetary policy in an effort to control inflation while the threat of a government shutdown looms.
Market Insights Spending Packages Gain Traction As Regulators Refine Bitcoin’s Legal Landscape Democrats push forward with new spending measures despite concerns from moderates within their party. Several Latin American countries are interested in treating Bitcoin as legal tender.
Market Insights Investments in Bitcoin Diversify as Economic Uncertainty Looms El Salvador officially adopted Bitcoin as legal tender. Blockstream looks to build the first renewable energy bitcoin mining facility. Despite stalling economic performance, the Fed believes it will still be able to taper asset buying.
Market Insights Economic Growth Slows Due to Delta Variant The U.S economy posted poor economic indicators in August as hiring slows down. Bitcoin performed well ahead of El Salvador’s official adoption of the currency.
Market Insights The Fed Aims to Control Inflation Despite Economic Uncertainty The Fed hopes to reduce spending in an effort to control inflation. Afghanistan’s economic future is uncertain as other nations cut off their access to funds.
Market Insights Delta Variant Threatens Economic Growth The U.S. economic recovery continues as Taliban control of Afghanistan creates global concern. Bitcoin prices continued to trend upward this week.
Market Insights Infrastructure Bill Passes to the House The Senate passed the infrastructure bill with the original cryptocurrency provision. Democratic holdouts may complicate the House’s passage of the bill.
Market Insights Cryptocurrency Remains A Hotly Debated Topic For U.S. Regulators The Senate and the SEC are both looking to increase regulation of cryptocurrency markets. Bitcoin has extended its price rally despite legal uncertainty in the United States.
Market Insights Bitcoin Rallies Despite Several Regulatory Concerns Bitcoin prices appreciated significantly this week, with many consecutive days of gains. The Senate advanced a $550 billion infrastructure bill that includes a provision for enhanced scrutiny of cryptocurrency markets.
Market Insights Elon Musk, Jack Dorsey, and Cathie Wood Share Bitcoin Optimism Elon Musk, Jack Dorsey, and Cathie Wood discussed Bitcoin and how their respective companies will engage with the currency. Cryptocurrency regulation continues to take shape across the globe.
Market Insights Powell And Yellen Acknowledge Inflation Concerns Powell and Yellen acknowledged that inflation levels are well above typical targets. Square and BNY Mellon are among the financial institutions announcing larger support for Bitcoin services this week.
Market Insights Argentina Introduces a Bill For Cryptocurrency Denominated Salaries Inflation expectations increase in the United States and Europe. Argentina has proposed Bitcoin legislation that could pave the way for further adoption in the country. Bitcoin adoption continues as the difficulty declines.
Market Insights SoftBank Invests $200 Million in Latin American Bitcoin Exchange The United States experienced another week of rising housing and raw material prices amid economic recovery. SoftBank made a significant investment in Latin American cryptocurrency exchange.
Market Insights Infrastructure Deal Makes Progress as Yellen Calls For a Higher Debt Ceiling The U.S. government continues pushing through large spending plans, despite several key indicators that inflation is well above normal levels. Major investors use Bitcoin’s pullback as a buying opportunity.
Market Insights Fed Signals Near-Term Rate Hikes The Fed will raise interest rates earlier than expected, due to the realized and pending impacts of inflation. Bitcoin adoption marches on in Latin America.
Market Insights Bitcoin Becomes Legal Tender As Inflation Persists El Salvador became the first country to adopt Bitcoin as legal tender. The U.S. dollar continues to see high levels of inflation as additional spending packages are discussed.