By Marco Piccolo Key highlights: The U.S. Department of Commerce has selected Chainlink and Pyth to publish key economic indicators on public blockchains. This marks the first time macroeconomic data such as GDP and PCE is being distributed onchain, enabling new applications in DeFi and beyond. PYTH token surged nearly 80% on the news, rising […]
Tag: GDP
By ItalianCannon Key Points: Trade policies such as tariffs and sanctions directly influence currency values by altering supply and demand dynamics across borders Cryptocurrencies are increasingly impacted by geopolitical trade tensions, despite their decentralized nature Sanctioned nations are turning to digital assets as alternative financial channels to bypass international restrictions The U.S.-China trade conflict has […]
By Emir Abyazov Trading firm QCP Capital has published a new report noting a dramatic shift in financial market sentiment. Despite ongoing geopolitical tensions, investors are shifting en masse to higher-risk strategies, ignoring traditional safe harbors. Markets Are Ignoring Military Conflicts Traders’ behavior after Israel resumed limited strikes, just hours after announcing a tentative truce, […]