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Posts published by “James Van Straten”

The 10-year breakeven inflation rate has reached the second-highest level in 2023

Quick Take Since 2010, the U.S. financial landscape has primarily been marked by the Consumer Price Index (CPI) inflation rate outpacing the federal funds rate. However, this trend experienced an exception in 2019, and interestingly, in May 2023, when the country entered a period of positive real rates – a scenario where the federal funds

Amid market turbulence, OKX and Bitstamp reflect Bitcoin’s volatile exchange climate

Quick Take In the face of contemporary geopolitical instability and market unpredictability, Bitcoin exchanges are experiencing intense volatility in their inflows and outflows. OKX Exchange, for instance, yesterday, Oct. 18, saw the largest Bitcoin inflow in almost three years, with approximately 8,000 Bitcoin valued at around $224 million...

Resilient Bitcoin defies interest rate pressures and technical resistance

Quick Take In a striking reversal from the start of the week, CryptoSlate reports a resurgence of Bitcoin, which was grappling beneath key technical levels but has since ascended above them. This recovery is significant, given the substantial resistance observed near $28,000, a level influenced by the 200-week...