TBW #44: New world
Read all about The Big Whale's 44th Premium newsletter.
Hello Whales and welcome to the little newcomers who have just joined us in the Premium edition! There are already over 1,500 of you reading us every week. Thank you so much 😍
To devour this week
🖊️ The editor's editorial
🗣 Our exclusive news
🔶 The "aliens" of crypto
👁 The hype around Aptos
THE BIG SPLASH
New world 📈
What a surprise! After an incredible (false) suspense of several days, Jerome Powell announced last night that the US Federal Reserve was going to raise rates again, the eighth time since March 2022 😅 , and thus bring them up to the range between 4.5% and 4.75%. You have to go back to 2007, i.e. before the subprime crisis, to find such a level.
To justify this new hike, and those still to come, the most powerful central banker on the planet reiterated the importance of the "fight against inflation", which remains high in the world's leading economy - above 5% on an annual basis. And on this point, how can we prove him wrong?
In the meantime, this environment combining relatively high rates and inflation is a real challenge for the crypto universe, which has built and developed since bitcoin's creation in 2009 in an interest-free world. How will it react? The question is all the more important given that the markets are far from being at their best... 🙁