Economics

Blog tagged as Economics

Cryptocurrencies premature reaction to positive inflation data
An action packed night has drawn to a close with CPI numbers and the FOMC statement being released within hours of each other.  Both bulls and bears fought gallantly, however, the bears came out on top.

A clearer image of the above chart can be found here (tradingview: https://www.tradingview.co...

14.06.24 07:09 AM - Comment(s)
RBA Governor to be Replaced

Welcome to another jam packed Rake Review as July delivered on news and controversy again. From Central Banks, to Regional Banks, to BRICS, to China, to new listings that claim to be the answer "Worldcoin", we go around the world as Bitcoin quietly counts down to the next halving in April.

28.07.23 02:47 AM - Comment(s)
SEC Declares War on Crypto Exchanges in the US

There are 2 weeks to go until the end of the Financial year in Australia. Are you ready with your tax strategy? We will discuss this later but first we have so much news in such a short period of time. The SEC is going to war with the largest crypto exchanges in the world while declaring more and mo...

16.06.23 04:44 AM - Comment(s)
Full Faith & Credit 

May 2023 proved to be a rollercoaster month in the world of economics and cryptocurrency. The (All Powerful & Mighty) United States, teetered on the brink of debt default. The debt ceiling was maxed and the Democrats and Republicans tussled for an agreement over raising the level of borrowing th...

31.05.23 05:55 AM - Comment(s)
The History of the Debt Ceiling and Why It Underlines the Value of Bitcoins Supply Mechanism

In the labyrinthine world of economic policy, one term that has frequently made headlines is the U.S. debt ceiling. The recent crisis underlines the contentious nature of this mechanism and brings to the forefront questions about our modern central banking system. In contrast, Bitcoin’s predetermine...

29.05.23 12:54 AM - Comment(s)