On the brink of recession: Can Bitcoin survive its first global economic crisis?
Bitcoin has not seen a full-blown recession since it was launched as a response to the 2008 global financial crisis. Go to Source Powered by WPeMatico
Stocks
Auto Added by WPeMatico
Is there a way for the crypto sector to avoid Bitcoin’s halving-related bear markets?
BTC’s high volatility and halving-related bear markets tend to drag down investment and interest in the entire crypto market. Can this be avoided? Go to Source Powered by WPeMatico
FTX US acquires Embed Financial subsidiary for stock trading platform
The FTX Stocks platform has been in beta testing for select U.S. users since May, but the firm reported it would be available to all domestic customers sometime in the summer. Go to Source Powered by WPeMatico
ProShares will launch ETF aimed at shorting Bitcoin following dip under $20K
The ETF will allow U.S. investors to bet against BTC using futures contracts given the cryptocurrency’s performance in a single day, as measured by the CME Bitcoin Futures Index. Go to Source Powered by WPeMatico
‘Worst quarter ever’ for stocks — 5 things to know in Bitcoin this week
Bitcoin manages a weekly close above $20,000, but the market is on a knife edge — can miners hold out this week? Go to Source Powered by WPeMatico
126% return for stock market short-sellers who smelled blood in crypto waters
A report from S3 Partners noted that crypto stocks with the highest short interest include Coinbase, Marathon Digital and MicroStrategy. Go to Source Powered by WPeMatico
US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994
The U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) on Wednesday, and it was the largest increase since 1994. According to the Fed member’s expectations, the central bank will likely add another 1.5 percentage points by the year’s end. Fed Hikes Rate by 75 bps, Global Markets See Slight Rebound … Read more
US Inflation Spiked 8.6%, Highest in 40-Years — Economist Says We’re Not ‘Seeing Any Signs That We’re in the Clear’
After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had peaked and it was possible that inflation would subside. However, statistics from the U.S. Labor Department indicate the CPI increased 8.6% from a year earlier, as the month of May’s inflation data reached another lifetime … Read more
Samsung Asset Management to launch blockchain ETF in Hong Kong
Samsung Asset Management acquired a 20% equity stake in the U.S. ETF provider Amplify Holding Company in March 2022. Go to Source Powered by WPeMatico
Coinbase balance drops by 30K BTC as Bitcoin price nurses 6% losses
Whales and institutions alike are on the radar after the latest data from exchange order books. Go to Source Powered by WPeMatico
