Bitcoin's price barely moved after the July 2026 CPI report, rising only 0.33%, marking the third month of weak responses to inflation data. This shift reflects a breakdown in the previous strong correlation between Bitcoin and monetary policy expectations, driven by factors like Strategy's shift from buyer to seller and ETF flows decoupling from macro data. Instead, Bitcoin's price is now influenced more by structural ETF demand, emerging market interest, and supply constraints from halving events. The upcoming September Fed meeting and Strategy's buying behavior will be key to determining if Bitcoin's macro sensitivity returns or remains dormant.
The article argues that market prices are inherently transitory and primarily influenced by technological advances and globalization rather than Federal Reserve policies. It uses the example of the decline in telephone booth costs to illustrate how i...
Chainlink announced 12 new protocol integrations spanning 10 blockchains including Arbitrum, Solana, and Base, enhancing its oracle network services like data feeds and cross-chain messaging (CCIP). This expansion supports both emerging chains like B...
Michael Saylor, Executive Chairman of Strategy (formerly MicroStrategy), redefined Bitcoin as a form of digital energy that converts economic value into a secure digital form tied to entities like companies or states. Strategy holds 840,447 BTC, abou...
A 63-year-old man bought riverfront land through a self-directed IRA and used it personally for a weekend, which the IRS classifies as a prohibited transaction. This caused his entire IRA, worth $900,000, to be treated as a distribution, resulting in...
PennantPark Investment (PNNT) and PennantPark Floating Rate Capital (PFLT) reported Q3 FY26 results with differing financial health despite shared management. PFLT, the larger fund, has a cleaner portfolio with 99% floating-rate debt and a dividend f...
