Archive: rate hikes
Federal Court Gives the SEC a Deadline to Respond to Coinbase
By Vin Narayanan on May 5, 2023
Crypto Market Musings Bitcoin is down around 0.7% over the last seven days. Ethereum is down about 0.4% over that same time period. And Monero is up about 1.8%. Conflicting macro narratives appear to be driving the market. Inflation is proving to be stubborn, and the Fed raised rates again this week. The crypto markets have consistently responded poorly to rate hikes over the last year. But continuing problems in the U.S. banking system — this…
Ethereum’s Price Action Is Tied to the Shanghai Upgrade
By Vin Narayanan on April 7, 2023
Crypto Market Musings Bitcoin is having a year. In the midst of a banking crisis and regulatory upheaval, bitcoin quietly posted a 72% gain in the first quarter of this year. That’s bitcoin’s most popular quarter since the first quarter of 2021, when bitcoin’s price went up 102%.
Where Silvergate, SVB and Signature Went Wrong
By Vin Narayanan on March 17, 2023
For people my age, Han Solo telling Luke Skywalker “Great, kid! Don’t get cocky!” after Luke shot down a ship for the first time is a seminal movie moment. As a kid, I didn’t even know what “cocky” meant! But I…
Crypto Monitor: The Fed’s Fight Against Inflation
By Early Investing on February 10, 2023
It’s been an interesting start of the year for the crypto market. From banking regulators worrying about crypto risks to institutions exploring DeFi to a major crypto exchange shutting down its staking operations…
SBF and the Fear of Future AI Overlords
By Olivia Strobl on December 9, 2022
Crypto Market Musings Over the past week, bitcoin and ethereum have begun to stabilize following the spectacular collapse of FTX and the fall of crypto tycoon Sam Bankman-Fried (SBF). BTC prices have hovered around $17,000, and ETH prices have hovered around $1,300. According to…
Solana Teaches Crypto Investors a Critical Lesson
By Vin Narayanan on June 3, 2022
Crypto Market Musings As expected, bitcoin continues to trade in a fairly tight range between $28,000 and $30,000. Most other coins are loosely tracking with bitcoin. There are some exceptions, though. Tron, for example, is up about 17% in the last 30 days.
Where the Fed Points, Markets Follow
By Adam Sharp on January 11, 2019
Adam explains how the Federal Reserve has been setting the market’s course for decades.
Did the Fed Just Blink?
By Adam Sharp on November 29, 2018
Back in October, Federal Reserve Chairman Jerome Powell made it sound like interest rate hikes would continue indefinitely. But after the recent market turmoil, Powell appears to be taking a dovish approach.