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Week Ahead - Fear returns ahead of inflation data
Can the Fed afford to ease off the brake? The end of last week was a bit of a reality check for investors that were maybe getting a little carried away with the supposed “dovish pivot” from the Fed and turning a blind eye to the data and what central bank policymakers were saying. Perhaps the experience of the last 12 months can explain the latter but there’s no ignoring the data that we saw on Friday. The US economy is certainly not behaving like it’s in a recession; rather the labour market is so hot that the Fed may not be able to slow down as hoped. While the UK is preparing for a long period of ... (full story)
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From @elonmusk|Aug 6, 2022|1 commenttweet at 3:50am: @Andst7 Good summary of the problem. If Twitter simply provides their method of sampling 100 accounts and how they’re confirmed to be real, the deal should proceed on original terms. However, if it turns out that their SEC filings are materially false, then it should not.
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From coindesk.com|Aug 6, 2022In these tough times, a bit of historical perspective is useful. Let’s talk about Mt. Gox. After the February 2014 collapse of the Tokyo-based bitcoin exchange, the conventional ...
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From decrypt.co|Aug 6, 2022Ever since a prominent Chinese Ethereum miner announced his intention to resist the upcoming Ethereum merge and create a new, parallel network and cryptocurrency, the idea has ...
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From theblock.co|Aug 6, 2022Binance co-founder and CEO Changpeng Zhao said the company never completed an announced acquisition of WazirX, and that company's founder hit back saying Binance does own WazirZ. ...
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From swanbitcoin.com|Aug 6, 2022This article examines the relationship between a monetary asset being a store of value vs being a medium of exchange. Specifically, it focuses on the scaling method of the Bitcoin ...
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From coindesk.com|Aug 6, 2022Where will Ethereum’s miners go when you can’t mine on Ethereum any more? That’s the $19 billion question. If all goes according to plan, the so-called Merge will take place in ...