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Latest from Helene Braun
'$DAI Will Die' Tweet Twisted Back on Terra's Kwon as UST Loses $1 Peg
Terra's UST briefly fell below $6.5 billion in market cap on Wednesday morning, allowing DAI to be the fourth-biggest stablecoin on the market for a time.
Inflation Rose to 8.3% in April, With Monthly Core CPI Doubling From March
Bitcoin dropped sharply after the release.
Past-Peak Inflation Might Be Misleading as Price Pressures Continue to Mount
As inflation peaks, bitcoin traders should be wary of reading too much into data.
Bitcoin Recovers to $32K After Dipping Below $30K to 10-Month Low
The last time the largest cryptocurrency by market cap traded under $30,000 was in July 2021.
US Jobs Report Shows Gain of 428,000, Adding to Price Pressures
Friday's Labor Department report showed that employment growth stayed robust last month, at a level that should continue to worry the Federal Reserve about a too-tight jobs market.
Bitcoin Plunges Most in 2 Months Amid Stock Market Sell-off
Bitcoin dropped more than 7% on Thursday. The decline was in line with a broad fall in the prices of stocks and bonds.
Fed Hikes Rate at Fastest Pace in 22 Years, Will Start Shrinking Balance Sheet
The central bank is taking a hawkish stance as inflation is running at its highest level in four decades.
Fed Meeting Decision Looks Baked, But Outlook Is Far From Certain
The Federal Open Market Committee is holding its two-day, closed-door meeting starting today.
Labor Costs Jump by Most in 2 Decades, Adding to Inflationary Surge
This move adds more pressure on the Federal Reserve to hike rates fast.
US Economy Shrinks Unexpectedly, Amplifying Recession Fears
Headline GDP shrank 1.4%, data by the Bureau of Economic Analysis showed Thursday. Analysts were expecting a 1% increase.
