The Protocol: Memecoin Trading Is Suddenly Trump.fun
Blockchain has gone even more ridiculous than usual over the past week, with headlines focused on Trump-themed memecoins and the Solana-based launchpad Pump.fun. PLUS: Ethereu...
Ghost Chains to Goldmines: How to Create Web3 Products That People Want
The incentive structure of the current blockchain ecosystem works against useful innovation. CoinDesk columnist Azeem Khan has some ideas to fix that.
Weary Argentines have mixed feelings as world's worst inflation eases
BUENOS AIRES (Reuters) -Argentines, feeling the pinch of the world's highest annual inflation rates, are feeling both hopeful and weary as monthly price increases dip to their lowest in over two years amid tough austerity measures under President Javier Milei. The South American country is trying to emerge from a severe economic crisis which ushered libertarian outsider Milei into power late last year as voters opted for a radical new approach to restore stability. Milei's sharp cost-cutting campaign has helped bolster the state's embattled finances, allowed the central bank to rebuild reserves, and tamped down inflation - though it has taken a heavy toll on economic activity.
Bond Traders See Quarter-Point Cut Next Month as Inflation Ebbs
(Bloomberg) -- Bond investors reinforced their bets that Federal Reserve officials will cut interest rates by a quarter-point in September as US inflation continues to ebb.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionJohannesburg Mayor Quits Amid Infighting, Financial WoesTraders are pricing in 32
Argentina Inflation Slows to Lowest Level Since 2022 Under Milei
(Bloomberg) -- Argentina’s monthly inflation reached the lowest level since early 2022 after President Javier Milei briefly tapped the brakes on his economic shock therapy by postponing utility hikes.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionJohannesburg Mayor Quits Amid Infighting, Financial Wo
Argentina inflation slows to 4% in July after spiking month earlier
Argentina's monthly inflation rate stood at 4.0% in July, official data published on Wednesday showed, in line with a Reuters forecast and returning to slowdown after speeding up in June. Inflation in the 12 months through July stood at 263.4%, still the highest recorded in the world, a tick above the poll forecast of 263%.
Democrats Make Pitch For Crypto Voters. Will Crypto Listen?
A Crypto4Harris town hall tonight aims to show the strength of Democrat commitment on digital assets.
U.S. Moves $600M of Silk Road Bitcoin to Coinbase Prime, but Not Necessarily to Sell
Bitcoin continued under pressure for the day at around $59,000.