Although Federal Reserve Chair Jerome Powell didn't explicitly state "mission accomplished" last week, that's essentially what the markets took in on Wednesday.
The Federal Open Market Committee (FOMC) meeting in December revealed 75 basis points of cuts anticipated in 2024, which caused the Dow to reach an all-time high and the 10-year yield to drop below 4% for the first time since late July.
The market euphoria eased a bit on Friday, but the Fed's pivot will drive markets for the rest of the year and next.
Within a single, eventful fortnight, the exchange celebrated a landmark victory, grappled with a significant security incident, and faced further scrutiny from regulators.
What is the strategic framework every project needs, and the key questions about incentives? We explain the ongoing battle against Sybil attacks and discuss why there's no perfect solution.
The move away from a purely US dollar-centric approach towards a more diversified allocation that includes cryptocurrencies, gold, and Chinese assets underscores the impact of geopolitical factors and the increasing acceptance of digital assets within mainstream financial thinking.
While Coinbase prepares to join the S&P 500, executives reveal they once rejected the high-risk Bitcoin hoarding strategy that made Michael Saylor famous—a decision that has now helped secure their place among America's corporate elite.
Industry-backed frameworks for crypto token regulation, intended to foster innovation, may inadvertently create loopholes that could shield perpetrators of securities fraud, raising concerns about investor protection and market integrity.
Tan reflects on his campaign and shares his personal journey into Bitcoin, revealing he first bought it with Mt. Gox and how witnessing the limitations of Singapore's housing lease system solidified his conviction in Bitcoin as a durable and finite asset.
Our ETH and SOL overweights paid off again as both outperformed early in the week. We trimmed exposure near local highs and rotated into Bitcoin just as it began to lead. While we stayed cautious with cash, our timing on both entry and exit helped us beat the benchmark.
Within a single, eventful fortnight, the exchange celebrated a landmark victory, grappled with a significant security incident, and faced further scrutiny from regulators.
