Ashrith Rao

4 days ago | blockhead.co | Ashrith Rao

The discussions about the US-China trade deal and the US-UK agreement have turned sentiment from US President Donald Trump's muddled trade agenda to enhanced global trade conditions, boosting cryptos over the last week. Ether led a significant rally in the cryptocurrency market last week, driven by trade deal hopes and expectations of a network upgrade. It marked its biggest gains since 2021.

1 week ago | blockhead.co | Ashrith Rao

With the bond markets siding with the Fed and dissing Trump's rhetoric for lower rates, GDP versus jobs data has been putting cryptocurrencies under pressure. US President Donald Trump took advantage of the unexpectedly strong job growth fifteen minutes after Friday's release of the April employment report to increase his pressure on Fed Chair Jerome Powell, claiming that there was no reason to defer interest rate cuts. Traders in bonds came to a very different verdict.

1 week ago | blockhead.co | Ashrith Rao

Blockhead Daily Digest — Newsletters — MicroStrategy — Bitcoin While Saylor has leveraged common share and debt offerings to amass Bitcoin, enabling the Strategy to surpass nearly every significant US stock, a pressing concern among many observers remains: how sustainable is this approach in the long run? President Trump wants rates lower — fast. But with inflation still hanging around and a strong jobs report just behind us, the Fed isn’t blinking.

1 week ago | blockhead.co | Ashrith Rao

China has quietly introduced what could be its most potent geopolitical weapon to date: the digital yuan, or the e-CNY. Meanwhile, the rest of the world is preoccupied with finding the next big thing in artificial intelligence or discussing whether or not to return to the workplace. The phenomenon is more than just cashless transactions or mobile payments. China is reengineering the world's financial system one transaction at a time. The figures are remarkable already.

2 weeks ago | blockhead.co | Ashrith Rao

Blockhead Daily Digest — Newsletters — Macro — United States — S&P 500 The US economy contracted in the first quarter of 2025, marking its first decline since 2022, as anxieties surrounding President Trump's trade policies and rising inflation took hold, overshadowing a contrasting surge in cryptocurrency-related stocks during a volatile April.