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Fed Has ‘Limited Firepower’ for Rate Hikes, Current Expectations Already Priced in for Bitcoin - CoinShares
27.5.2022
The US Federal Reserve (Fed) has “limited firepower” to raise interest rates due to high oil prices and a threat of recession -- and this could lead to higher bitcoin (BTC) prices, the crypto research and investment firm CoinShares has said. Meanwhile, others also remain positive for...
ECB Survey Finds 10% of Eurozone Households Own Crypto Assets
25.5.2022
One in every 10 households in six eurozone countries has acquired cryptocurrencies, the European Central Bank (ECB) has found with a new survey. While the richest are most likely to own crypto assets, poor families are not far behind, the poll indicates. Dutch Households Lead in Terms of Crypto...
Plus500 Board Anticipates Higher FY22 Revenue Than Expectations
17.5.2022
Plus500 is expecting to beat the market expectations after its Board announced an estimated revenue of $628.4 million for FY22. Additionally, Plus500 is expecting to register its Earning Before Interest, Taxes, Depreciation, and Amortization at $290.5 million. Figures estimated by the Board...
US Inflation for April Hits 8.3%, Slightly Above Expectations
11.5.2022
US inflation hit 8.3% in April, down from a peak of 8.5% the month before, but still above expectations, new data from the US Bureau of Labor Statistics show.
“Over the last 12 months, the all items index increased 8.3% before seasonal adjustment,” the announcement said, adding that price...
Metaverse Majors Struggle as User Base Falls Short of Market Expectations
6.4.2022
Decentraland, Axie Infinity and The Sandbox have big valuations, but a low number of active users, compared with traditional games
AUD Expected to Stay Bullish with Expectations of RBA Hikes
4.4.2022
The Australian dollar has held on to a steady momentum in the last few weeks. It was triggered by the increasing commodity prices following the International crisis in Eastern Europe. Although the Reserve Bank of Australia is expected to keep the rates at 0.1% for the first half of the year...
Bitcoin, Ethereum Technical Analysis: BTC Falls to 5-Day Low, as Nonfarm Payrolls Are Marginally Lower
1.4.2022
Bitcoin fell to its lowest level this week, following Friday’s nonfarm payrolls report, which came in marginally below expectations. 431,000 jobs were added to the U.S. economy versus forecasts for an addition of 490,000. ETH also reacted to the news, finally moving below $3,400. Bitcoin...
Devs Want To Challenge Your Expectations Of Who Makes Games
24.3.2022
While the video game industry is becoming more diverse every year, marginalized game developers are still often dismissed in professional settings based on their appearance. One developer started the hashtag #WhatAGameDevLooksLike after security guards at a games conference apparently stopped...
Indian Crypto Industry Mulls Supreme Court Move as Tax Break Expectations Disappear
22.3.2022
The fading hope is that the government may reduce the 1% tax deducted at source, but expectations of a tax break on crypto capital gains have all but disappeared
Game Pass' Latest Lineup Falls Short Of Our High Expectations
15.3.2022
Game Pass started March off with a bang, adding a well-regarded blockbuster (Guardians of the Galaxy) less than six months after release, plus one of the best-written games ever (Kentucky Route Zero). The rest of the month, in comparison, lacks the big headline punch we’ve grown so used to, much...
First Mover Americas: Biden Issues Crypto Order; Inflation Expectations Hit Record High
9.3.2022
Bitcoin was trading flat to negative even as the European stocks and the S&P 500 futures got a slight tailwind
Bitcoin sees $43K dip amid expectations of 'another run' for BTC price
3.3.2022
The overnight retreat is not being treated as a break in Bitcoin's uptrend which began a week ago
China Mining Ban Worsened Bitcoin’s Carbon Footprint, Study Claims
26.2.2022
Contrary to some expectations, Beijing’s crackdown on the crypto mining industry has increased Bitcoin’s carbon emissions, researchers have alleged. Leaving China, miners also left behind its eco-friendly hydropower and are increasingly relying on energy generated by fossil fuels...
Bitfinex-backed LEO soars to record high on supply crunch expectations
9.2.2022
The token surged almost 70% in a day after the U.S. Department of Justice announced that it had recovered most of the stolen funds from the 2016 Bitfinex hack
Sony Cuts PlayStation 5 Sales Expectations Due To Global Chip Shortage
2.2.2022
In what will come as a surprise to absolutely no one, chip shortages impacted the PlayStation 5 late last year. Don’t expect that to change just yet. During Sony’s most recent quarterly financial earnings, the company’s gaming division did see a rise in profit. However, as Reuters notes, Sony...
Euro Inflation Hits Record Highs, ECB Not in Rush to Raise Interest Rates
16.1.2022
The European Central Bank is concerned over inflation in the euro area rising beyond its own expectations, a high-ranking ECB official has admitted. However, Europe’s monetary authority is not prepared to raise interest rates at this point in time, the executive unveiled. ECB Sees No Reason...
G4 Host Slams Xplay Audience’s Sexist Expectations
12.1.2022
Cult-hit gaming channel G4 has only been back for a few months after its nearly decade-long hiatus, and already the hosts are fed up with some of the assholes in the audience. Former esports commentator and new Xplay co-host, Indiana “Froskurinn” Black, specifically called out the crude sexism...
Global Markets, Bitcoin Defy Expectations After Fed’s Hawkish Taper Plan Announcement
16.12.2021
Global markets have defied predictions as the U.S. Federal Reserve and several central banks worldwide are prepping to slow down monetary easing policy. On Wednesday, the U.S. central bank’s Federal Open Market Committee (FOMC) said it plans to taper quantitative easing (large monthly asset...
Proshares Bitcoin Strategy ETF Debut Captures Close to $1 Billion in Volume
20.10.2021
The first bitcoin exchange-traded fund (ETF) launched in the United States and smashed records on Tuesday, capturing close to $1 billion in total volume. Eric Balchunas, the senior ETF analyst for Bloomberg said that the Proshares Bitcoin Strategy ETF (BITO) definitely “defied...
SEC Tweets About Funds Holding Bitcoin Futures — Expectations of Impending Bitcoin ETF Approval Soar
15.10.2021
The U.S. Securities and Exchange Commission (SEC) has tweeted about investing in funds that hold bitcoin futures contracts. This has sparked optimism within the crypto community that the regulator may soon approve bitcoin exchange-traded funds (ETFs), especially those investing in bitcoin futures....