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Daily Crypto Update: Bitcoin at $67k, Traders Show Moderate Greed
17.10.2024
The crypto market maintains a bullish stance, with top cryptos showing growth. Bitcoin is firmly at 67k dollars,…
Inflation Should Moderate in August, Boosting the Crypto Outlook
26.9.2024
PCE, an alternative measure of inflation, is starting to ease up, setting the stage for easier money policies from the Fed. If so, that’s good news for risk assets like bitcoin and ether, says Scott Garliss
Coinbase Adjusts Debt Buyback Offer Due to Moderate Demand
22.8.2023
Coinbase has made some changes to its debt buyback program following lackluster demand.
In a Monday announcement, the largest US-based crypto exchange said that since the program started earlier this month, investors have tendered just over $50 million worth of bonds, falling short of...
Federal Reserve Raises Federal Funds Rate by 25bps Amidst Moderate Economic Growth
26.7.2023
In the latest Federal Open Market Committee (FOMC) report, it was stated that the U.S. economy has been experiencing moderate growth and members of the committee have decided to raise the federal funds rate by 25 basis points (bps) in order to keep a handle on inflation. Fed Raises Benchmark Bank...
Fed Chair Powell Signals More Rate Hikes This Year as Taming Inflation Has ‘Long Way to Go’
21.6.2023
Federal Reserve Chairman Jerome Powell has signaled more interest rate hikes this year. “Given how far we’ve come, it may make sense to move rates higher but to do so at a more moderate pace,” the Fed chair told U.S. lawmakers. “Inflation pressures continue to run high, and the process of getting...
No Rate Hikes in Russia, Central Bank Keeps Interest Rate Level Again
29.4.2023
Bank of Russia decided to maintain the interest rate at 7.5% amid moderate inflation, estimated at 2.5% on an annual basis in April, although this may change later this year. The monetary authority improved its forecast for the Russian economy and now expects growth entirely in positive figures,...
First Mover Asia: Bitcoin Rises Again on US Fed Chair's Moderate Remarks
1.12.2022
ALSO: Sam Reynolds writes that shipping giant Maersk and IBM's decision to wind down TradeLens highlights the failure of blockchain-based transparent ledgers, which once held great promise in a range of industries
Markets Spike After Fed Chair Says It ‘Makes Sense to Moderate the Pace’ of Rate Hikes, Hints Easing Could Happen in December
30.11.2022
Equities, precious metals, and cryptocurrencies shined on Wednesday following Federal Reserve chairman Jerome Powell’s speech at the Brookings Institution in Washington. The crypto economy increased 3.11% to $860 billion, while the top four stock indexes jumped between 2% to 5% higher...
President of Central Bank of Brazil Disagrees With ‘Heavy Hand’ Regulations for Cryptocurrencies
15.8.2022
The president of the Central Bank of Brazil, Roberto Campos Neto, has defended the use of more moderate regulations in the crypto environment. Campos Neto stated that while regulation is indeed necessary, it has to be done in a way that doesn’t stop innovation. He also explained his goal...
US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994
15.6.2022
The U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) on Wednesday, and it was the largest increase since 1994. According to the Fed member’s expectations, the central bank will likely add another 1.5 percentage points by the year’s end. Fed Hikes Rate by...
JPMorgan Economist Expects the Fed to Hike Benchmark Rate by 75 bps as Global Markets Bleed
14.6.2022
The U.S. Federal Reserve is expected to raise the federal funds rate during its next meeting on Wednesday and JPMorgan economist Michael Feroli believes that rising inflation will push the Fed to increase the rate by 75 basis points (bps). Last week, CME Group data indicated the market priced in...
JP Morgan Gives 3 Reasons to Add Bitcoin to Investment Portfolios
26.1.2021
JP Morgan has outlined three key reasons why investors should add bitcoin to their investment portfolios. Small allocations to cryptocurrencies would “improve portfolio efficiency due to high returns and moderate correlations,” JPMorgan’s analyst explained. JP Morgan Sees Benefits...
TRON Price Reflects Moderate Pullback and Trades around $0.0301
8.12.2020
TRON, one of the top 20 cryptos of the global market, is seen trading in red, following the intraday market sentiment as noted, wherein the major cryptocurrency by market capitalization is also seen pulling back slightly. TRON is a cryptocurrency and a blockchain-based operating system that aims...
VeChain (VET) Lacks Momentum Yet Marks a Moderate Comeback After YTD Low
19.5.2020
VeChain hits the dart with an opportunity to splurge in the management of healthcare data by partnering with I-Dante in order to solve the issues that come up to manage the healthcare data otherwise. In this regard, VeChain, along with I-Dante, exercised the ability to transform the traditional...
Market Update: Bitcoin Cash Shines as Crypto Markets Show Bullish Signals
5.2.2020
Digital currency markets are in the green again today after seeing some moderate losses the day prior. The leading cryptocurrency in the top 10 is the fourth-largest blockchain by market cap, bitcoin cash, which is up 14% today. A variety of other digital asset markets are doing well as the overall...
This Bitcoin Price Cycle to Be Longer, Expect Moderate Gains Near-Term
22.1.2020
Bitcoin (BTC) may have already entered the fourth bullish price cycle in its history, with each cycle longer than the previous one. If true, only moderate price gains should be expected in the near-term, as the strongest gains are typically seen towards the end of the cycle, a new report from...
TRX Exhibits Moderate Intraday Trade as it Consolidates Around $0.0138
9.1.2020
Tron (TRX), at the time of penning down this article, was trading at $0.0139. Important to note that yesterday when the Bitcoin price was throbbing above $8,000 and so was the altcoin market recording heights, TRX price did not show any great movement. Instead, the coin recorded an intraday low...
Binance Coin (BNB) Reflects Moderate Price Plunge
12.12.2019
Binance Coin price indicates no sign of recovery BNB coin retreats from the intraday high Binance Coin is currently battling with the bearish trend from the past few days. The currency started the day with a humongous fall. The same recovered in the later hour, but improvement is not likely to turn...
Bitcoin Hovers Under $7,550 as Altcoins See Moderate Gains
7.12.2019
Bitcoin hovers just under the $7,550 mark as most of the top 20 cryptocurrencies are reporting moderate gains on the day
Dogecoin Trades with Moderate Selling Pressure; Gains Support from Short-term MAs
2.12.2019
Dogecoin trades around $0.0022 price area; gains support from the short-term moving averages Dogecoin price takes a swift downturn trading from $0.0028 to falling at $0.0020 in a 30-day time frame Currently, the currency trades with a 10% growth when compared to the lowest in the said time frame...