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Category: Economy

ETH Price Surges Past $2,600 as CPI Data Triggers Squeeze

ETH Price Surges Past $2,600 as CPI Data Triggers Squeeze

Key Takeaways On Sept. 11, ETH surged past $2,600 for the first time since February following U.S. CPI data. ETH sparked $215 million in short liquidations on Bitstamp and trimmed year-to-date losses to 15%. Analysts view holding the $2,500 support level as key to reaching target projections near $2,950. CPI Catalyst On Friday, Sept. 11, […]

US CPI Data Sparks Risk-Asset Upside as Bitcoin Eyes $80,000 Mark

US CPI Data Sparks Risk-Asset Upside as Bitcoin Eyes $80,000 Mark

Bitcoin (BTC) returned to $79,000 on Friday after key US inflation data broadly conformed to expectations. Key points: US core CPI inflation data gained 0.3% month-on-month, surpassing expectations of 0.2%. Implied probabilities of an interest-rate hike by the Federal Reserve at the Sep. 16 meeting rose to 85%. US bond yields will cause Bitcoin pain […]

The Economist Who Forgot Economics

The Economist Who Forgot Economics

Daron Acemoglu won the Nobel Prize in economics in 2024 and is the third most cited economist of all time. Thus, the paradox of his new book, What Happened to Liberal Democracy?, is that its most serious analytic failures are economic. He provides a sincere and serious consideration of modern liberalism’s estrangement from the working […]

Bitmine Adds 28,086 ETH as Ethereum Treasury Hits $14.8B

Bitmine Adds 28,086 ETH as Ethereum Treasury Hits $14.8B

Key Takeaways Bitmine’s latest purchase takes its total holdings to 5.93M ETH, worth $14.8B. With 85% staked, Bitmine could earn about $330M yearly while tightening ETH’s liquid supply. Investors will watch whether institutional demand amplifies Bitmine’s concentrated ethereum bet. Bitmine Builds One of Public Markets’ Biggest Ethereum Positions Bitmine is still buying ethereum, and its […]

Ton Mini Apps Pass 100M Monthly Active Users On Telegram

Ton Mini Apps Pass 100M Monthly Active Users On Telegram

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TON Foundation says Telegram Web3 mini-apps have passed 100 million monthly active users, marking another major distribution milestone for one of crypto’s most consumer-facing ecosystems. That number is big enough to grab attention, but it needs a careful read. Monthly active users […]