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Fed Will ‘Proceed Carefully’ with Rate Hikes Despite Ukraine War - Chair Powell
2.3.2022
The US Federal Reserve (Fed) will “proceed carefully” with its plan to hike interest rates this year despite the war in Ukraine, with the first hike of 0.25 percentage points still expected at the Fed’s next meeting in March, Fed chair Jerome Powell said during a hearing in Congress today.
“We...
Federal Reserve Chairman Powell Sees Rate Hike This Month as 'Appropriate'
2.3.2022
The Fed chair said that wages are rising at the fastest pace in many years and that price increases are spreading to a broader range of goods and services
All Eyes on US Congress as Fed Chair Powell Prepares for First Comments Since Ukraine War Began
2.3.2022
US Federal Reserve chairman Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday this week, with market participants in both crypto and traditional markets now eagerly awaiting his first comments on the economy after the war in Ukraine broke out....
Read More: All Eyes...
All Eyes on US Congress as Fed Chair Powell Prepares for First Comments Since Ukraine War Began
2.3.2022
US Federal Reserve chairman Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday this week, with market participants in both crypto and traditional markets now eagerly awaiting his first comments on the economy after the war in Ukraine broke out....
Read More: All Eyes...
3 reasons why Bitcoin price rallied toward $45K entering March
1.3.2022
The gains accompanied a sharp overnight spike in the number of Bitcoin whale addresses
Potential Fallout From War in Ukraine May Be Priced Into Crypto Market - Observers
28.2.2022
Russia’s invasion of Ukraine continues, and so do the discussions on how the worsening geopolitical, economic, and social factors may affect pretty much all segments of the wider society. Two crypto exchanges shared their views with Cryptonews.com on what may await the crypto market, and what...
Traditional Markets, Crypto Trim Losses, Moscow Exchange Won't Open Today as Kyiv and Moscow Start Talks
28.2.2022
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Read More: Traditional Markets, Crypto Trim Losses, Moscow Exchange Won't Open Today as Kyiv and Moscow Start Talks
Bitcoin investors 'buy the dip' as BTC nears $40K, gaining 16% in less than 24 hours
25.2.2022
While the number of Bitcoin addresses holding small quantities of BTC continues to increase
Bitcoin price spike to $39K leads traders to say ‘the panic is over for a few days’
24.2.2022
BTC and stock markets recovered some of their recent losses, leading traders to suggest that the panic selling could be “over for a few days.”
Crypto Community Discusses Warfare in Ukraine, Importance of Crypto, and the Future of Bitcoin
24.2.2022
During the course of the early morning trading sessions on Thursday (EST), 24-hour statistics show the crypto economy dropped more than 11% in value against the U.S. dollar. While the leading crypto asset bitcoin shed close to 10%, a myriad of alternative digital assets lost close to 20% in value....
With War Starting and Markets Dropping, Questions Multiply About Central Banks’ Policies
24.2.2022
As bitcoin (BTC) and crypto markets in general have gone down over the past day and week, amid the escalating tension between Russia and Ukraine, sanctions imposed on the former, and today’s invasion of the latter – more questions keep popping up about the EU and the US central banks’ upcoming...
As Inflation Is Here to Stay, Bitcoin, Ethereum, and Gold Investors Will Win, But Brace for Volatility - BitMEX
23.2.2022
The US Federal Reserve (Fed) aims to get inflation down with its interest rate hikes this year. Longer-term, however, inflation might still remain as the winner, with bets on bitcoin (BTC), ethereum (ETH), and gold expected to pay off. But until then, volatility could flush out even the most...
Luna Foundation Guard Raises $1 Billion to Safeguard UST Dollar Peg
23.2.2022
The Luna Foundation Guard (LFG) has raised $1 billion in a private token sale to allow the group to safeguard the peg of UST, Terra’s flagship stablecoin, against market instabilities. While the token has an algorithmic method to maintain its dollar value, this decentralized reserve —...
Terra's LUNA Jumps 15% as UST Stablecoin Gets $1B Bitcoin Reserve
23.2.2022
LUNA's fortunes are closely tied to UST. The stablecoin's creation is facilitated by burning LUNA
Luna Foundation Guard raises $1B to form UST reserve denominated in Bitcoin
22.2.2022
Terra said it chose to denominate the Forex Reserve in Bitcoin because it considered the crypto asset "less correlated to the Terra ecosystem."
Solana's weekend bounce risks turning into a bull trap — Can SOL price fall to $60 next?
21.2.2022
More bearish cues for SOL comes from a bull flag setup that's now breaking to the downside
'Coin days destroyed' spike hinting at BTC price bottom? 5 things to watch in Bitcoin this week
21.2.2022
Large and smaller hodlers alike are seizing the chance to stack, figures show, as on-chain data hints that the bottom is in at $38,000
Can Bitcoin break out vs. tech stocks again? Nasdaq decoupling paints $100K target
20.2.2022
Bitcoin's growth has quickly outpaced Nasdaq's in the past ten years
Fed Bans Senior Officials From Cryptocurrency Investing
19.2.2022
The Federal Reserve has banned its senior officials from investing in cryptocurrency. “Officials covered by the new rules will have 12 months from the effective date of the rules to dispose of all impermissible holdings,” said the Federal Open Market Committee. Senior Federal Reserve...
Demand for Gold-Backed Tokens Brings Premiums as Precious Metal’s Value Jumps Higher
19.2.2022
While stocks and cryptocurrency markets have floundered during the last week, the price of the precious metal gold has increased in value by 3.85% during the last seven days. An ounce of fine gold jumped from $1,826.92 on February 10, to $1,897.36 per ounce on February 19. Additionally, the...