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Explains the significance of PCE data for cryptocurrencies, why the FRB uses PCE instead of CPI, and the impact of past announcements on Bitcoin. Explores trading implications leading up to September 30.
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The blockchain industry has long been a massive testing ground for new business models. Numerous models have emerged that are hard to find in traditional internet and finance, including Decentralized Autonomous Organizations (DAOs), Non-Fungible Tokens (NFTs), Play-to-Earn (P2E) games, the metaverse...
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Important News from Last Night and This Morning (September 19 - September 20)
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The growth of the Robinhood Chain shows that the success criteria for Ethereum Layer 2 (L2) are changing. Robinhood has moved its existing customers and financial products to its own chain while connecting tokenized stocks to DeFi (Decentralized Finance) and securing sequencer revenue. Given that it...
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