Archive: energy costs

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How to Take a Value Investing Approach to Crypto

By Vin Narayanan on October 14, 2022

This week’s inflation news was not good. Inflation, unsurprisingly, has risen faster than expected despite the Fed’s aggressive rate hikes. The Consumer Price Index (CPI) is up 0.4% from last month, and the core CPI (which excludes highly volatile food and energy costs) is up 0.6%. Predictably, the crypto markets tanked on the news. I don’t expect inflation to disappear anytime soon. In fact, it might take some time…
The August update of the Consumer Price Index (CPI) dropped yesterday. And the news is… not great. The CPI increased 0.1% for the month and 8.3% over the past year. Excluding food and energy costs, the CPI rose 6.3% from last August. The markets slumped right…

A Strong Dollar Drives Bitcoin’s Price Down

By Vin Narayanan on July 15, 2022

Crypto Market Musings Phew. June inflation numbers came in hot on Wednesday — and the markets mostly yawned. Bitcoin is trading (as of this writing) at around $20,000. It was trading around $21,000 last week. Ethereum is trading around $1,131. It…