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Avalanche price can double by summer as AVAX's 20% weekly rally rekindles 'bull flag'
17.3.2022
But a near-perfect correlation between Avalanche and Bitcoin so far this year could spoil the bullish outlook
Fed Hikes Benchmark Bank Rate for the First Time Since 2018, FOMC Expects 6 More Increases
16.3.2022
On Wednesday, the Federal Open Market Committee (FOMC) and Fed chair Jerome Powell held a press conference concerning the American economy, the central bank’s plans to address inflation, and the ongoing Russia-Ukraine war. Powell announced that the FOMC decided to increase the benchmark bank...
Bitcoin, Ethereum Technical Analysis: BTC Back Above $40,000, ETH Eyes $3,000 as Fed Meeting Looms
16.3.2022
Following days of consolidation, bitcoin rallied above $40,000 on Tuesday, which comes as markets prepare for today’s Fed meeting. ETH also climbed, moving away from its recent support point in the process. Bitcoin BTC finally broke out of its recent streak of price consolidation on Tuesday...
Poll Suggests ECB May Wait Until Q4 to Raise Rates, Several Banks Expect a Series of Fed Rate Hikes This Year
7.3.2022
A recently published Reuters poll suggests the European Central Bank (ECB) may wait until the last quarter of the year (Q4) to raise its first interest rate in over ten years. The poll’s author details that after the conflict in Ukraine, “fewer economists” predict the ECB will...
Wharton Professor Urges the Fed to ‘Bite the Bullet’ and Defend the US Dollar — Warns About Bitcoin Taking Over
7.3.2022
A finance professor at the Wharton School of the University of Pennsylvania has warned of “bitcoin taking over.” He added that the Fed “has been terribly wrong over the last year” about inflation and must now act to defend the U.S. dollar. Finance Professor Urges the...
While the Fed Monitors the ‘Ukraine Situation Closely,’ Powell Still Expects a Series of Quarter-Point Rate Hikes
3.3.2022
Federal Reserve chairman Jerome Powell still expects to see interest rate hikes starting in March, but the Fed chief further stressed that the central bank will “need to be nimble.” In remarks prepared for members of U.S. Congress, Powell discussed the Russian invasion of Ukraine...
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....
Ethereum eyes $3.5K as ETH price reclaims pandemic-era support with 40% rebound
5.2.2022
Ethereum price is back above its 50-week exponential moving average, a credible support level from the 2020-2021 market boom
The US Federal Reserve is making some analysts bullish on Bitcoin again
3.2.2022
Recent U.S. economic data could spoil the Fed's hawkish plans for 2022
Precious Metals, Cryptocurrencies, Stock Markets Falter Following Powell’s Rate Hike Statements
27.1.2022
Equities, crypto markets, and precious metals did well during the early morning trading sessions on Wednesday, just before the U.S. central bank wrapped up its Federal Open Market Committee (FOMC) meeting. While the Fed said in a statement that the benchmark interest rate would rise soon,...
High-End PC Graphics Cards Get A Little Cheaper As Crypto Tanks
25.1.2022
The Nvidia GeForce RTX 3080 graphics card you’ve been after to complete your “Extreme Gaming PC” build is still in short supply but finally getting slightly cheaper. That’s thanks to a drop in crypto mining participation as the value of Bitcoin and other blockchain currencies plummet ahead of what...
Fearing a Hawkish Fed: Economists Focus on Upcoming FOMC Meeting as Global Market Rout Slows
25.1.2022
Global markets have been feeling the pressure of fear and uncertainty, as the upcoming Federal Open Market Committee (FOMC) plans to make a decision on Wednesday concerning changing the current monetary easing policy and raising the benchmark interest rate. Economists and market analysts fear...
US Lawmaker Launches Bill to Prohibit the Fed From Issuing Digital Currency Directly to Individuals
14.1.2022
A U.S. lawmaker has introduced a bill in Congress to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals. “It is important to note that the Fed does not, and should not, have the authority to offer retail bank accounts,”...
US lawmaker hints at upcoming crypto legislation as Jerome Powell says Fed will release report on digital currency soon
11.1.2022
“The report really is ready to go and I would expect we will drop it — I hate to say it again — in coming weeks," said Jerome Powell
Fed’s Outgoing Vice Chair Richard Clarida’s ‘Rebalancing’ Trades Ignite Fed Trading Ethics Scandal
8.1.2022
Members of the U.S. Federal Reserve are getting criticized this week after the central bank published its minutes report from the policy meeting on December 14-15. Following the update, the outgoing vice chair of the Federal Reserve’s trading activities has reignited ethics conversations....
Fed’s Minutes Report ‘Bludgeons’ Global Markets — Stocks, Crypto, Precious Metals Slip in Value
6.1.2022
Minutes from the U.S. Federal Reserve’s policy meeting on December 14-15 show that the central bank is being persistent about unwinding quantitive easing (QE) tactics and that it views ultra-low interest rates as no longer necessary. Global markets immediately dropped after the news...
Ethereum plunges 13%, down more than Bitcoin after Fed spooks crypto market
6.1.2022
Ethereum lost roughly 13.50% versus Bitcoin's 9% decline in the past 24 hours
Fed Chair Jerome Powell Dismisses Cryptocurrencies as Financial Stability Concern but Warns They’re Risky
16.12.2021
Federal Reserve Chairman Jerome Powell says that he does not see cryptocurrencies as a financial stability concern. However, he noted that they are risky and “there’s big consumer issues for consumers who may or may not understand what they’re getting.” Fed Chair Powell...
Fed chair Jerome Powell says he isn't concerned about crypto disrupting financial stability in the US
15.12.2021
“Stablecoins can certainly be a useful, efficient consumer-serving part of the financial system if they’re properly regulated,” said Jerome Powell
Economist Mohamed El-Erian Says Fed’s Characterization of Inflation as ‘Transitory’ the ‘Worst Call in History’
13.12.2021
On Monday, December 13, following Friday’s U.S. consumer price index report published by the Bureau of Labor Statistics, Americans are discussing the Federal Reserve. Thousands of tweets concerning the Federal Reserve topic have been trending on Twitter, as inflation has gripped the U.S....