Kate Irwin

4 days ago | mail.blockworks.com | Byron Gilliam |Jack Kubinec |Ben Strack |Kate Irwin

Imagine if Twitter, instead of publishing the world’s stream of consciousness in real time, embargoed our posts during the day and released them all at once at 2 am every day. Or if the New York Times stockpiled its journalists' daily output and published it in a single daily batch. Such is the pre-internet dystopia in which our banking system still lives. Credit cards, Venmo and Apple Pay make it feel like we’re sending money in real time, but this is smoke and mirrors.

1 week ago | mail.blockworks.com | Byron Gilliam |Jeffrey Albus |Ben Strack |Kate Irwin

In New York City, paying by check first became commonplace in the booming economy of the 1840s. This was a major financial innovation: Instead of walking out of the bank with a satchel of borrowed cash to pay for, say, a steamer full of Southern cotton at the docks, a merchant could have a loan credited to a checking account and then settle his purchases with a few strokes of the pen. As banking expanded and commerce sped up, checks offered a safer, faster way to move money through the city.

2 weeks ago | mail.blockworks.com | Jeffrey Albus |Kate Irwin |Donovan Choy |David Canellis

Welcome back, readers! Today is the last day the Forward Guidance newsletterā€™s Casey Wagner takes over for Byron. Weā€™ll miss Casey, but youā€™ll have Byron back in your inbox Monday. Today, Casey covers how the situation in the Middle East could impact the Fedā€™s interest rate decision. Letā€™s get into it: Oil prices surged while global equities faltered Friday on fears that Israelā€™s attacks on Iranian nuclear facilities could escalate into a broader conflict.

2 weeks ago | mail.blockworks.com | Jack Kubinec |Katherine Ross |Kate Irwin |Donovan Choy

Welcome back, readers.The Forward Guidance newsletter’s Casey Wagner is back again. Yesterday, she wrote about how BTC is still trading on macro news and today she puts that theory to the test with May’s CPI report. Let’s dive in: US stocks and bitcoin moved a bit higher Wednesday morning before paring gains after May’s CPI came in cooler than expected, suggesting that tariff-related price hikes are so far not a reality.

2 weeks ago | mail.blockworks.com | Casey Wagner |Jack Kubinec |Katherine Ross |Kate Irwin

Hey there! The Forward Guidance newsletter’s Casey Wagner is back again with some updates. While we wait for word from London on the status of a China-US trade agreement, she unpacks what the data has to say about bitcoin decoupling. Let’s do it: Another day, another bitcoin rally. After making a run approaching its all-time high last night, bitcoin was back in the red this afternoon, hovering around $109,400 and trading 0.6% lower over the past 24 hours as of 4 pm ET.