Macro
Bitcoin spikes to $24,000 as CPI inflation remains unchanged at 8.5%
The leading cryptocurrency jumped on news that CPI inflation is holding steady.
Samuel Wan 3 min read 
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Samuel Wan 3 min read 
Macro
Arthur Hayes predicts Ethereum will reach $5K after merge if Fed pivots
Hayes revealed that the current price of Ethereum represents a huge buying opportunity for investors as it is currently selling 76% below his model price of $2815.
Bear Market
Robinhood lays off nearly a quarter of its workforce amid crypto winter
Robinhood is getting rid of 23% of its workforce due to dipping revenues and a crypto bear market.
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Analysis
Crypto shines in spite of dire macro conditions
BTC continuously holding above $20k and ETH being far from the sub $1,000 mark have been taken as a sign of strength by the market.
Macro
Bitcoin-GDP correlation may explain drop in price as US enters a technical recession
The correlation between Bitcoin and GDP is an interesting metric that few investors analyze. Over the past 5 years Bitcoin has rallied only when GDP is increases quarter on quarter
Macro
El Salvador seeks to buy back $1.6B of debt to quell default fears
President Nayib Bukele said the country will repurchase all sovereign bonds maturing between 2023 and 2025 at market prices.
Macro
Federal Reserve announces 75bps rate hike; Bitcoin up 3% following the news
The FOMC meeting statement has revealed a 75bp interest rate hike - Bitcoin was up 3% after the news broke.
Macro
What will the FED decide today? Last chance for interest rate hikes before 2 month hiatus
The crypto market is undecided on how it will react to another FED rate hike today. Expectation of a 75 basis point increase may be priced in but will the FOMC meeting lead to a record setting 100 basis point increase?
Macro
Crypto crash did not adversely affect broader financial system, IMF says
The IMF said the rising inflation rate and the possibility of a recession caused by the Ukraine war and continued COVID lockdowns has battered the world's economy.