Is this the end of Bitcoin DeFi? north Bitcoin’s institutional adoption reshapes its development landscape, prioritizing security and compliance over grassroots innovation. Bitcoin's decentralized roots, however, face unprecedented challenges.
Week Ahead: FOMC in No Hurry to Cut Rates while BOE Easing set to Accelerate north President Trump says there are trade talks with China. Beijing denies it. Around the time the US reports that the world's largest economy contracted slightly in Q1 (0.3% annualized), US Treasury Secretary Bessent said that the effective embargo was shutting down the China's economy. The week [...]
China's Feint Weighs on the Greenback Ahead of Today's Employment Report north Overview: Ideas that the US economy is not doing as poorly as many feared after the Q1 GDP contraction was dissected helped the dollar appear to confirm a bottoming pattern yesterday. However, indications that China is considering the US request for trade talks have bolstered risk-appetites [...]
May Day: Dovish Hold by BOJ and Broadly Firmer Dollar north Overview: The US dollar is mostly firmer in thin May Day turnover. The Japanese yen is the weakest of the G10 currencies following what is seen as a dovish hold by the Bank of Japan, which cut growth forecasts, shaved inflation projections, and delayed reaching its inflation target on a [...]