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Cantor Fitzgerald’s CEO Says He’s A Big Fan of Bitcoin and Stablecoin Issuer Tether
13.12.2023
Image Source: Pixabay Howard Lutnick, the CEO of Cantor Fitzgerald says he is a fan of Bitcoin (BTC) citing the halving cycle and its decentralized nature as reasons behind the widespread popularity. Speaking at CNBC’s Money Mover podcast, the CEO commented on inflation, the reaction of the Feds...
Fed Observer Jim Grant Foresees Long-Term High Rates as FOMC Meeting Approaches
11.12.2023
Market participants, including both investors and traders, have their attention keenly set on the upcoming Federal Open Market Committee (FOMC) meeting, slated for Dec. 13, 2023. There is widespread speculation about whether Fed Chair Jerome Powell will continue to uphold the current elevated...
Goldman Sachs Predicts First Fed Interest Rate Cut in Q3 2024 – How Will Crypto Markets React?
11.12.2023
Source: Pixabay Banking giant Goldman Sachs projects two interest rate cuts in the United States by the Federal Reserve in 2024 with the first to be announced in the third quarter. A recent Reuters report states Goldman Sachs sees two rate hikes next year citing cooling inflation after...
Goldman Sachs Sees Fed Delivering First Rate Cut in Q3 2024: Reuters
11.12.2023
The Fed's benchmark interest-rate range is currently 5.25% to 5.5%
Bitcoin Price Prediction as BTC Breaches $40,000 Level For the First Time in 18 Months
4.12.2023
Bitcoin, the trailblazer of the cryptocurrency world, has soared beyond expectations, breaking through the $41,000 threshold, a feat not seen in the last 18 months. This bullish trend is driven largely by market optimism surrounding the U.S. Federal Reserve‘s anticipated interest rate cuts...
JPMorgan CEO: Inflation May Be Stickier Than People Think, Fed May Raise Rates Further
3.11.2023
The CEO of JPMorgan Chase, Jamie Dimon, has warned that inflation may be more persistent than many expect, and the government’s fiscal and monetary stimulus in the past several years has been greater than many realize. Dimon also expects more interest rate hikes from the Fed, stating:...
Bitcoin bulls fight to hold $34K as CME BTC open interest surpasses 100K
24.10.2023
A surge in CME BTC volumes and open interest highlight institutional investors' growing interest in Bitcoin. Will it be enough to keep the price in the current range?
MicroStrategy's Bitcoin stash is back in profit with BTC price above $30K
23.10.2023
The Michael Saylor-led software firm has made $132 million in unrealized profits from its Bitcoin bet
Tesla Maintains $184M Bitcoin Holdings as Elon Musk Flags Concerns Over High Interest Rates
20.10.2023
Tesla’s third-quarter financial statement reveals that the electric car company has not sold any of its bitcoin. Its most recent balance sheet shows that Tesla continues to hold bitcoin valued at $184 million. Meanwhile, Tesla CEO Elon Musk has raised concerns about the high-interest rate...
Fed’s Powell Hints at Continued Elevated Rates; Fedwatch Tool Indicates Near-Certain Hike Next Month
19.10.2023
Federal Reserve Chair Jerome Powell stressed on Thursday the U.S. central bank remains committed to bringing down inflation and will maintain restrictive monetary policy until prices cool. Speaking at the Economic Club of New York, Powell hinted that further interest rate hikes may be appropriate...
Bitcoin Holds $28K as Stocks Buckle Under Interest Rate Concerns
18.10.2023
The U.S. 30-year Treasury bond is on pace to close above 5% for the first time in more than 16 years
Stock markets across Asia and Europe bleed red as interest rate woes returns
13.10.2023
Chinese economic woes dragged down Asian markets while interest rate woes caused a bearish tumble in Europe
Peter Schiff Anticipates No Further Interest Rate Hikes Amid Middle East War — Warns ‘Crisis Is Assured’
12.10.2023
Economist Peter Schiff compared the attack on Israel to 9/11, calling it “the beginning of a bad situation.” He highlighted several factors that will weaken the U.S. economy, which he described as “already structurally weak.” The economist stressed: “The U.S. can’t even...
Macro factors to spark next crypto bull market in Q2 2024, Real Vision's Raoul Pal says
5.10.2023
Macro factors will play a dominant role in sparking the next crypto bull market, which should start in Q2 2024, according to Raoul Pal
Bitcoin Barely Holds $26K as Interest Rate Surge Continues
26.9.2023
Higher yields are taking a toll on traditional assets as well, with the Nasdaq sinking 1.2% to its lowest level since early June
World May Not Be Ready for U.S. Interest Rate at 7%, JPMorgan CEO Says
26.9.2023
U.S. rates at 7% could push the U.S. economy into a recession, triggering risk aversion in financial markets
‘Soft Landing Is a Primary Objective’ — Federal Reserve Signals One More Rate Hike in 2023
22.9.2023
Based on the U.S. Federal Reserve’s forecasts, it appears that the central bank is poised to enact an additional hike to the federal funds rate by the end of 2023. The news comes in the wake of the Federal Reserve’s decision to leave the interest rate unchanged during its recent...
Bitcoin, Ethereum Technical Analysis: ETH Hits 1-Week Low, BTC Extends Declines on USD Strength
21.9.2023
Bitcoin fell below the $27,000 level on Thursday, as markets reacted to the latest Federal Reserve interest rate decision. As expected, the Fed opted to keep rates unchanged at 5.5%, whilst hinting at one additional raise in the current cycle. The dollar strengthened across the board following...
Bitcoin Price Prediction as US Federal Reserve Keeps Interest Rate Unchanged – Will BTC Blast to $30,000?
21.9.2023
Today's Bitcoin price stands at $27,033, having experienced a trading volume of $13 billion over the past 24 hours. Bitcoin has witnessed a slight dip, declining around 0.50% during this timeframe.
As the US Federal Reserve holds steady on its decision, keeping the Fed funds target range anchored...
Biggest Movers: XRP, MATIC Move to Multi-Week Highs on Wednesday
20.9.2023
XRP was a big mover on Wednesday, despite cryptocurrency markets mostly consolidating in today’s session. Traders have moved to secure recent gains, ahead of September’s Federal Reserve interest rate decision. Polygon was also in the green, hitting a two-week high in the process....