- From blockworks.co|2 hr 17 min ago
After a rocky 2022, bitcoin miners could be in for a lucrative year, at least if past market cycle patterns repeat. The largest cryptocurrency posted a 64% loss last year, coupled with skyrocketing electricity costs around the world and a dramatic drop in mining profitability made 2022 a bust for most of the crypto mining industry. But a rebounding market ...
- From investmenttalk.substack.com|Feb 2, 2023
Yesterday the Federal Reserve slowed the pace of rate hikes to 25bps; their first rate decision since December 2022. This comes after four consecutive 75bps hikes between June and November, followed by one 50bps hike back in December. Fed dot plots also indicate 25bps rate hikes in both March and May, but TBD on that. This comes as the US economy begins to ...