Economics

Bitcoin 24-hour chart (CoinDesk)
Market Wrap: Bitcoin Drifts Lower as Altcoins Outperform
Bitcoin buyers appear to be exhausted, while altcoins such as Avalanche’s AVAX rally.
Bitcoin 24-hour chart (CoinDesk)

LOS ANGELES, CALIFORNIA - JUNE 23: A 'Now hiring' sign is displayed at a FedEx location on June 23, 2021 in Los Angeles, California. Nearly 650,000 retail workers gave notice in April, the biggest one-month worker exodus in the retail industry in more than 20 years, amid a strengthening job market.  (Photo by Mario Tama/Getty Images)
US Misses Expectations in August Jobs Report, Pushing Bitcoin to 3-Month High
The U.S. only added 235,000 jobs, falling well short of the 725,000 projection.
LOS ANGELES, CALIFORNIA - JUNE 23: A 'Now hiring' sign is displayed at a FedEx location on June 23, 2021 in Los Angeles, California. Nearly 650,000 retail workers gave notice in April, the biggest one-month worker exodus in the retail industry in more than 20 years, amid a strengthening job market.  (Photo by Mario Tama/Getty Images)

It's not just bulls and bears - equities are ruled by the shifting moods of the entire zoo.
How $33B Robinhood Ended Up Being Worth Less Than Coinbase
The stock-trading app will debut in a fast-cooling market, costing it millions in cash and billions in market cap, says our columnist.
It's not just bulls and bears - equities are ruled by the shifting moods of the entire zoo.

US Consumer Prices Rise Faster Than Expected in May
The Consumer Price Index is important to bitcoin investors who are watching for signs of inflation.

Nobody Saw Inflation Coming in the 1960s, but It Could Be Back: Economist
Very few of today's bond portfolio managers and traders can remember the last inflation shock, but that does not make a new shock less likely.

congress
Record-Breaking $1.9T Relief Bill Passes US House, Heads to Biden’s Desk
The measure may contribute to temporary inflation during the summer, economists say.
congress

Federal Reserve Chair Jerome Powell
Fed 'Not Yet Ready to Blink' on Inflation, Pantheon Says
Bitcoin traders may be out of luck if they're expecting the Fed to further ease monetary policy as bond yields rise.
Federal Reserve Chair Jerome Powell

libertarianism
Crypto Is the Libertarian Cheat Code in the Final Battle Over State Coercion
A normie Mario fights Bowser to save Princess Peach; a libertarian Mario builds her an escape hatch.
libertarianism

Argentina has one of the world's highest inflation rates.
Crypto Long & Short: Bitcoin Is More Than a Hedge Against Inflation – It's a Hedge Against 'Crazy'
For many, bitcoin is hedge against inflation. But it's also a safety play for a world where old ideas about economics are up in the air.
Argentina has one of the world's highest inflation rates.

BITCOIN ACADEMY: "Free market" economists were central to the development of Bitcoin. From left to right: Carl Menger, Ludwig von Mises, FA Hayek and Murray Rothbard.
Over $20K? Why Is Bitcoin Worth Anything at All?
Bitcoin’s price continues to climb, BTC is leaving exchanges, and bitcoin "whale" sightings are becoming more frequent. But the question remains, why?
BITCOIN ACADEMY: "Free market" economists were central to the development of Bitcoin. From left to right: Carl Menger, Ludwig von Mises, FA Hayek and Murray Rothbard.