Jerry Lin
The Latest
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Bitcoin Drops More Than 3% as Stubborn Inflation Data Renews Macro Concerns
Bitcoin sold off by 3% on Thursday, with the decline accelerating following the release of the U.S. Producer Price Index (PPI) data for February, which showed inflation proving stickier than most expected. 
Bitcoin sold off by 3% on Thursday, with the decline accelerating following the release of the U.S. Producer Price Index (PPI) data for February, which showed inflation proving stickier than most expected. -
U.S. Wholesale Inflation Surges in February, Signaling Persistent Price Pressures
The U.S. Bureau of Labor Statistics reported a significant uptick in wholesale inflation for the month of February. The producer price index (PPI), a key indicator of inflation at the wholesale level, registered a 0.6% increase, surpassing the Dow Jones estimate of 0.3%. This acceleration, more pronounced than in January's 0.3% rise, underscores the persistent inflationary pressures within the U.S. economy. 
The U.S. Bureau of Labor Statistics reported a significant uptick in wholesale inflation for the month of February. The producer price index (PPI), a key indicator of inflation at the wholesale level, registered a 0.6% increase, surpassing the Dow Jones estimate of 0.3%. This acceleration, more pronounced than in January's 0.3% rise, underscores the persistent inflationary pressures within the U.S. economy. -
Nigeria Demands Binance Disclose Top Users and Tax Liabilities, Executives Being Detained Amid Cryptocurrency Crackdown
Two executives from the world's largest cryptocurrency exchange, Binance, have been detained in Nigeria for the past two weeks as part of the country's broader crackdown on crypto platforms. 
Two executives from the world's largest cryptocurrency exchange, Binance, have been detained in Nigeria for the past two weeks as part of the country's broader crackdown on crypto platforms. -
JPMorgan's Jamie Dimon Softens Stance on Bitcoin Amid Market Surge
JPMorgan Chase CEO Jamie Dimon has moderated his previously critical view of Bitcoin, coinciding with the cryptocurrency's remarkable surge past the $70,000 mark. 
JPMorgan Chase CEO Jamie Dimon has moderated his previously critical view of Bitcoin, coinciding with the cryptocurrency's remarkable surge past the $70,000 mark. -
Inflation Surges Unexpectedly in February, Pressuring Fed's Rate Decision
Inflation pressures intensified in February, driven by significant increases in shelter and gasoline prices, challenging the Federal Reserve's efforts to stabilize the economy. 
Inflation pressures intensified in February, driven by significant increases in shelter and gasoline prices, challenging the Federal Reserve's efforts to stabilize the economy. -
Oil Prices Dip Amid China's Trade Data and Rising Dollar, Market Eyes Inflation Reports
Oil prices experienced a decline on Monday, continuing the downward momentum seen last week, influenced by market anticipation of forthcoming inflation figures. The West Texas Intermediate (WTI) contract for April saw a reduction of 40 cents, settling at $77.61 a barrel, whereas the Brent contract for May witnessed a 35-cent decrease to $81.73 a barrel, as reported by CNBC. 
Oil prices experienced a decline on Monday, continuing the downward momentum seen last week, influenced by market anticipation of forthcoming inflation figures. The West Texas Intermediate (WTI) contract for April saw a reduction of 40 cents, settling at $77.61 a barrel, whereas the Brent contract for May witnessed a 35-cent decrease to $81.73 a barrel, as reported by CNBC. -
Gold Maintains Stability as Markets Anticipate US Inflation Data, Silver Poised for Spotlight
Gold prices remained consistent on Monday, following a record-breaking streak last week, with investors closely watching the upcoming U.S. inflation data for indications of the Federal Reserve's potential interest rate adjustments. 
Gold prices remained consistent on Monday, following a record-breaking streak last week, with investors closely watching the upcoming U.S. inflation data for indications of the Federal Reserve's potential interest rate adjustments. -
Japan's Economy Grows 0.4% in Q4 2022, Avoiding Technical Recession as Capital Expenditure Jumps
Japan averted a technical recession as revised official data released on Monday showed the economy returned to growth in the October-December period last year, bolstered by strong capital expenditure. However, the upward revisions were weaker than estimated, with private consumption remaining weak. 
Japan averted a technical recession as revised official data released on Monday showed the economy returned to growth in the October-December period last year, bolstered by strong capital expenditure. However, the upward revisions were weaker than estimated, with private consumption remaining weak. -
Bitcoin Soars to Record High Above $71,000 as UK Allows Crypto-Backed Exchange-Traded Notes
Bitcoin prices surged to a new all-time high on Monday, crossing the $71,000 mark after the U.K.'s financial watchdog announced it would allow exchanges to list cryptocurrency-linked exchange-traded products for the first time. 
Bitcoin prices surged to a new all-time high on Monday, crossing the $71,000 mark after the U.K.'s financial watchdog announced it would allow exchanges to list cryptocurrency-linked exchange-traded products for the first time. -
Gold Hits Record High Amid U.S. Jobs Data and Fed Rate Cut Speculation
Gold prices reached unprecedented heights, buoyed by the latest U.S. employment data, which hinted at a potential shift in the Federal Reserve's monetary policy 
Gold prices reached unprecedented heights, buoyed by the latest U.S. employment data, which hinted at a potential shift in the Federal Reserve's monetary policy
