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Powell: More Rate Hikes May Be Needed to Curb Inflation
25.8.2023
The chairman of the U.S. Federal Reserve, Jerome Powell, warned on Friday that inflation remains too high and signaled the central bank may continue raising interest rates to get it under control. In remarks at the Jackson Hole symposium, Powell acknowledged recent progress in lowering inflation...
‘Dr. Doom’ Nouriel Roubini Warns of Looming Banking Crisis and Trilemma for Central Banks
3.4.2023
Economist Nouriel Roubini has shared his opinion about bank problems in the United States in a recently published opinion editorial. In the article, Roubini insists that “most U.S. banks are technically near insolvency, and hundreds are already fully insolvent.” Roubini:...
Global Cryptocurrency Trade Volumes Saw a Significant Decline in December 2022
1.1.2023
According to statistics, daily cryptocurrency trade volumes have dropped significantly during Dec. 2022. On Jan. 1, data shows that $22.95 billion was traded in the last 24 hours, compared to double that amount, $54.78 billion, two weeks earlier. On November 8, 2022, 54 days prior, amid the...
In 2 Months the Top Smart Contract Tokens Gained 44% Against the Greenback Ahead of Ethereum’s Merge
12.9.2022
With The Merge coming next week and Cardano’s Vasil hard fork commencing soon after, the market capitalization of the top smart contract tokens by valuation increased 1.19% during the past 24 hours to $316 billion on September 11, 2022. Moreover, the market capitalization of the top smart...
Aggregate ERC20 Market Cap Outpaces Valuation of ETH in Circulation by $2 Billion
15.7.2020
Data now shows that the aggregate market valuation for all the ERC20 tokens in existence has surpassed the market capitalization of Ethereum’s native coins. According to data, the net worth of the ERC20 token ecosystem is roughly $2.5 billion larger than the $26.7 billion Ethereum valuation....