Investigative Economics
Investigative Economics
Episode 7: Bitcoin Forex, Inflation, and Regulation
0:00
Current time: 0:00 / Total time: -1:04:38
-1:04:38

Episode 7: Bitcoin Forex, Inflation, and Regulation

Investigative Economics
Binance Somehow Avoided FDIC Censure
In July of 2022, the Federal Deposit Insurance Corporation (FDIC) issued warnings to crypto exchanges and crypto news sites for describing crypto exchanges as “FDIC-insured” that were not. Companies like Voyager Digital and FTX would receive letters from the FDIC indicating they were in violation of Section 18(a)(4) of the Federal Deposit Insurance Act f…
Read more
Investigative Economics
China, Bitcoin, and Forex Trading
In October, China banned the use of cryptocurrencies along with bitcoin mining because of its association with money laundering and excessive energy usage. The decision came as coal prices in China were at historic highs. China's electrical consumption is the world's largest and it grew 10 percent in 2021—the “fastest annual growth for any major econom…
Read more
Investigative Economics
What Inflation Hedge? Instead, Bitcoin Price Tends to Predict CPI Change Since 2020
Bitcoin has regularly been described as an inflation hedge—a place to invest money that would not be affected by inflation. Bitcoin enthusiasts—like hedge fund manager Paul Tudor Jones and Goldman Sachs, which called Bitcoin a “store of value” like gold…
Read more
Investigative Economics
Effective Bitcoin Inflation Rate Averages -35 Percent Per Year
Cryptocurrencies have seen huge growth in value and volume over the last few years as bitcoin and other investments have flourished in the financial world. The price of bitcoin has grown 221-fold since 2015. Yet bitcoin has not made many inroads as a form of currency in retail. Few stores accept it in exchange for goods. Online retailers like Overstock.c…
Read more
Investigative Economics
Failed Crypto Firm FTX Lobbied on the Same Issues That Were Its Downfall
In the wake of the failure of the second largest cryptocurrency exchange, FTX, billions in company value and client funds disappeared practically overnight. With such a spectacular demise and so much money missing, the company filed for bankruptcy. The Department of Justice, Commodity Futures Trading Commission (CFTC), and the Securities Exchange Commis…
Read more
Investigative Economics
FTX Tokenized Gamestop, AMC Stock On The Day Of Their Short Squeeze
In the fourth week of January of 2021, the stocks for the video game reseller Gamestop (GME) and the movie theater chain AMC shot up to become the highest traded stocks on the Dow Jones for a time. The surprising and maybe nonsensical movement in otherwise forgotten companies was driven by online chatter in forums like Reddit’s WallStreetBets that refe…
Read more

Discussion about this podcast

Investigative Economics
Investigative Economics
Investigative and data-driven independent news combining forensic statistics and economics