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Bitcoin Falls 7% as Russia Invades Ukraine; Experts Say Fed U-Turn on Rate Hikes Unlikely
24.2.2022
Some observers said Fed's tightening cycle is likely to be much shallower than expected
Miners Have Moved 30% of Their Equipment Out of Kazakhstan, Industry Organization Claims
24.2.2022
Authorized crypto mining businesses have already taken a third of their coin minting hardware out of Kazakhstan, according to the country’s mining association. The news comes amid electricity shortages and upcoming tax hikes that are turning miners away from the Central Asian nation. Bitcoin...
Kazakhstan proposes power price hikes and taxes targeting crypto miners
8.2.2022
The central Asian country’s government has proposed three price increases to electricity and taxes specifically targeting crypto miners
Bank of England Hikes Bank Rate to 0.5%, Governor Andrew Bailey Hints at Wage Restraints
4.2.2022
The Bank of England (BOE) raised the country’s benchmark bank rate from 0.25% to 0.5% this week in order to curb rampant inflation. “We face a trade-off between strong inflation and weakening growth,” the British central bank’s governor Andrew Bailey told the press....
Goldman Sachs Warns Bitcoin Increasingly Vulnerable to Fed Rate Hikes as Mainstream Adoption Grows
31.1.2022
Global investment bank Goldman Sachs has warned that bitcoin is increasingly vulnerable to the Federal Reserve’s rate hikes as the cryptocurrency grows more widely adopted. “Over the last two years, as bitcoin has seen wider mainstream adoption, its correlation with macro assets...
UBS Warns of Crypto Winter Amid Expectation of Fed Rate Hikes and Regulation
24.1.2022
UBS, Switzerland’s largest bank, has warned about a crypto winter where prices crash and may not recover for years. The bank’s analysts explained several major reasons affecting the prices of cryptocurrencies. UBS Expects Crypto Winter That Could Last Years Switzerland’s...
Bitcoin’s Price Will Hit $100K by Mid-Year, Nexo Founder Predicts
5.1.2022
The co-founder and managing partner of Nexo, a major cryptocurrency lender, has predicted that the price of bitcoin will be $100K by mid-2022. He highlighted “two simple reasons” why he is bullish about the price of bitcoin this year. Bitcoin Expected to Reach $100K by Mid-Year Antoni...
Wharton’s Professor Warns About Inflation, Predicts Many Rate Hikes, Says Bitcoin Has Replaced Gold for Millennials
3.1.2022
A finance professor at the Wharton School of the University of Pennsylvania has warned about inflation and the Fed hiking rates many more times than the market expects. He also said that bitcoin has become the new gold for the millennials. Finance Professor on Bitcoin and Inflation Wharton’s...
Bitcoin rallies above $49K following Fed FOMC announcement of rate hikes in 2022
15.12.2021
Bitcoin price action receives a welcome boost to $49,000 shortly after the Fed confirms rate hikes and a reduction of its bond purchasing policy in 2022
Bitcoin Jumps as Federal Reserve Doubles Tapering, Signals Three 2022 Rate Hikes
15.12.2021
The price of bitcoin (BTC) moved up immediately following the conclusion of a two-day US Federal Reserve (Fed) meeting on Wednesday, with the statement from the meeting saying interest rates will be kept unchanged for now, while the amount of tapering doubled from last month. The Fed signaled that...
Demand for Crypto Experts in India Hikes Remuneration, Vacancies Spike
14.10.2021
A deficit in crypto talent is pushing salaries up in Indian companies engaged with the domestic and global blockchain industry, local media reported quoting data from recent studies. Demand for professionals in the field has been growing rapidly in the past year. Crypto Experience Can Bring up...
Bitcoin Price to Face Another Test as Central Banks Eye Rate Hikes
24.9.2021
t central bank in a Western developed nation to do so following the onset of the pandemic, Norway’s central bank, the Norges Bank, this week hiked its interest rate from 0% to 0.25%, citing a need to “begin a gradual normalization of the policy rate” as the economy is “normalizing.” “The
Angola Hikes Benchmark Interest Rate as Central Bank Attempts to Tame Rising Inflation
5.7.2021
The Angolan central bank’s monetary policy committee (MPC) recently hiked the country’s benchmark interest rate from 15.5% to a record of 20%. The largely unexpected hike, which is one of the National Bank of Angola (NBA)’s attempts to curb inflation, marks the first time...
Fed Expects 2 Rate Hikes in 2023, Stock Market Plunges, Powell Anticipates Higher Inflation
17.6.2021
The Federal Reserve on Wednesday told the public that it has forwarded the time frame for raising interest rates. “Progress on vaccinations will likely continue to reduce the effects of the public health crisis on the economy, but risks to the economic outlook remain,” the Federal Open...
Bitcoin price falls after Fed shifts interest rate hikes forward amid inflation fears
16.6.2021
Stock markets and Bitcoin price took a slight hit after the Federal Reserve announced plans to increase interest rates twice in 2023, a tad bit earlier than markets expected
Argentinian Central Bank to Lift Freeze on Bank Fee Increases: Sets the Ceiling for Future Hikes at 9%
8.11.2020
The Central Bank of the Argentine Republic says starting in January 2021, financial institutions will be able to increase the fees or commission they levy for services rendered. In its November 5 update, which effectively ends the February 19 freeze on any fee hikes, the central bank says such...
Binance Hikes Leverage to 125x for Launch of Bitcoin-Tether Futures
18.10.2019
Binance’s futures exchange is raising leverage to 125x with the launch of BTC/USDT contracts today
IOTA Hikes by 13% With its Intraday Movement
19.9.2019
The Foundation has introduced IOTA Chronicle, a permanode solution. Using the chronical, any node owners can store all IOTA transactions in a fast, secure, scalable, and distributed database. IOTA to USD Comparison: Let’s analyze the variation in the value of the coin for 25-days. On August...
Dogecoin Price Analysis: Dogecoin’s (DOGE) Moderate Movement Hikes the Expectation of Recovery
30.7.2019
Dogecoin (DOGE) is majorly affected by Bitcoin price momentum. The coin moves blindly on the path and probably because of this; Dogecoin has shown certain improvement. The traders interested in Dogecoin (DOGE) must have noticed that the currency has maintained the momentum during the downfall...
Dash Price Analysis: DASH Price Hikes Exceptionally In The 2 Quarters Of 2019 Until Now
27.6.2019
The coin has performed extremely well in the last few months. We are about to complete the second quarter of the year, and the growth in the price is amazing. The coin opened at $79 during the beginning of the year and is presently dealing at $162. The total growth in price of Dash is …
The...