macroeconomic – DIGIT INFO

Binance CEO: Recent Market Declines Are Not a Long-Term Negative Trend

DIGIT — Thu, 08 Aug 2024 00:46:08 +0000

Binance CEO Richard Teng has addressed the recent declines in cryptocurrency and equity prices, attributing them to macroeconomic factors and advising against viewing them as long-term negative trends. He highlighted potential Federal Reserve rate cuts and geopolitical volatility as key influences, urging individuals to stay informed and proactive. Richard Teng Discusses Market Declines, Advises Caution […]

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US Markets Tumble as Real Estate Weakens, Putin Suspends Nuclear Treaty, Morgan Stanley Warns of Stock Market ‘Death Zone’

DIGIT — Wed, 22 Feb 2023 02:49:55 +0000

On Tuesday, all four major U.S. benchmark stock indexes fell as real estate data showed home sales dropped by 0.7% last month and Russian President Vladimir Putin suspended the nuclear arms control treaty with the United States. Additionally, the chief U.S. equity strategist at Morgan Stanley said the stock market is in a “death zone” […]

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Bitcoin price more correlated to FTX developments than macro events: Research

DIGIT — Fri, 10 Feb 2023 04:58:16 +0000

While inflation has an effect on the price of Bitcoin, researchers were bewildered by bitcoins resilience to other macroeconomic factors.

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Top 3 Macroeconomic Events to Watch in 2023 Amid Volatile Market Conditions

DIGIT — Sun, 01 Jan 2023 19:00:55 +0000

2022 was a tough year for crypto assets, and as the world welcomes 2023, the macroeconomic backdrop remains uncertain. Macroeconomic events will continue to shape the crypto economy and the economy as a whole. This editorial takes a look at the top three macroeconomic events to keep an eye on in 2023. Examining the Top […]

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