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Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet
2.10.2019
U.S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. Additionally, the mega bank JP Morgan Chase (JPM) is being blamed...
Central Banks in Panic Mode – Extreme Tactics Like Helicopter Money Discussed
30.9.2019
Central banks worldwide continue to inject more stimulus into the economy as they predict the onset of a new financial crisis. In the face of a sluggish economy, monetary easing, negative interest rates, and ‘normalizing’ the balance sheet is the name of the game these days. Now central...
Interest Rate in Australia to Be Cut According to Financial Market Predictions
30.9.2019
Interest rates are being cut by most central banks all over the world in order to recharge economies. If the predictions from the financial markets are to be believed, the Reserve Bank of Australia is all set to cut interest rates as well. The Reserve Bank is going to convene its board meeting...
Ethereum Faces Restraints; Falls Below $210 After a 1% Cut
23.9.2019
Ethereum loses 1% in one day and goes below 210 USD point. The next support for ETH may come at 203 USD. Ethereum (ETH) seems to have halted its growth movement and in the last 24 hours, it has been hit by a 1% decline in the value. The current price is roaming around 208 …
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Looming Economic Slowdown Likely to Force FED to Cut Interest Rates
18.9.2019
Over the course of the year, the global economy has given even indications that a slowdown might be looming and naturally, central banks have been urged to cut interests in order to stimulate growth. Many central banks across the world have cut interest rates. Last time around, the United States...
Will Bitcoin’s Price Rally After Federal Reserve Rate Cut?
17.9.2019
Bitcoin is down again, but observers believe the losses could be reversed after a U.S. interest rate cut expected Wednesday
Here’s How Europeans Can Deal With Negative Interest Rates
17.9.2019
Low and negative interest rates have been a burden for account holders across Europe for some time. And it’s only getting worse, as the European Central Bank just announced a new rate cut to a record low of -0.5%. Private and corporate customers in many countries on the continent don’t...
Binance Coin Gets a Flat 0.5% Cut; Resistance May Take Time to Arrive
16.9.2019
Binance Coin loses 0.5% in the last 24 hours. The next resistance for the coin may be found at 21.48 USD. Binance Coin has slipped by 0.5% in the last 24 hours and the coin is being traded near 20 USD. It has been through three price variations in this period. The highest point for …
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At Least 19 Central Banks Give Way to Monetary Easing As Economy Slows
16.9.2019
In a coordinated fashion, more than 18 central banks worldwide have or plan to cut interest rates, sparking a domino effect of monetary easing. It’s been 10 years since the world has seen central planners orchestrate such harmonization in an attempt to save the economy from a deep recession....
Tether Mulls Commodity-Backed Stablecoin to Cut Bank Risk: Report
3.9.2019
Bitfinex shareholder Zhao Dong claims Tether will release a version of its stablecoin pegged to commodities such as gold, crude oil and rubber
Bitcoin Price Analysis: BTC Makes a 6.23% Cut and Falls Below $10,000
22.8.2019
Bitcoin makes a cut of 6.23% in the last 24 hours and falls below 10,000 USD. The next resistance for Bitcoin is likely to come at 10,636 USD. Bitcoin, in the last 24 hours, has lost a whopping 6.23% and it has pushed the coin to below 10,000 USD. The current fall is a significant …
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Mark Mobius: Buy Gold as Bitcoin Price Rises, Central Banks Cut Rates
20.8.2019
Veteran frontier markets investor Mark Mobius suggested that cryptocurrencies will help boost the price of gold
Stellar Price Analysis: XLM Follows The Herd, Gets Cut of 9.5% in 1 Day
15.8.2019
Stellar (XLM) is one of the most sought after coin, and its high market cap features it in the top 10 list. Following the market trend, the coin has lost almost 9.5% in the last 1 day. However, the medium-term seems bullish for the coin. Let us now discover the current statistics of the coin....
Market Outlook: Trade Wars and Filthy Fiat Battles Fuel Crypto Prices
5.8.2019
A slew of digital currencies have gathered decent gains over the last 48 hours and the entire market capitalization now stands at around $308 billion. Moreover, cryptocurrency trade volumes have kicked up a notch, capturing $66 billion in swaps over the last day. Overall, speculators think...
This is How Bitcoin Met its First Fed Rate Cut
1.8.2019
Source: iStock/Toshe_O
The first interest cut by the Federal Reserve (Fed), the U.S. central bank, in Bitcoin’s history was a bit more complex than the market estimated and opinions still vary on the impact of this event.
As many expected, yesterday, the Fed indeed cut its main interest rate...
Bitcoin Price on the Rise After First Fed Rate Cut Since 2008
1.8.2019
Bitcoin has eked out moderate gains amid the U.S. Federal Reserve’s announcement of its first rate cut in over a decade
Bitcoin Might be Tested by the First Fed Rate Cut Today
31.7.2019
An eagle carved in stone on the Federal Reserve building in Washington, D.C.
With Bitcoin about to experience the first interest cut by the Federal Reserve [the central bank in the U.S.] in its history today, some traders are watching closely for clues on how the bitcoin price might...
Market Outlook: Crypto Bulls Rally After Bearish Downturn
18.7.2019
Since July 13, digital currency prices have dropped in value significantly, but most coins have since experienced some recovery. While many crypto supporters are optimistic on where the markets are headed, traders and analysts have noticed a bullish-to-bearish trend. BTC and a slew of other...
Japanese Parliamentarian Wants Tokyo to Cut Crypto Tax
2.7.2019
Takesi Fujimaki. Source: Twitter / @fujimaki_takesi
A Japanese parliamentarian wants to bring about cryptocurrency tax reform – and tabled a petition on the matter with both houses of parliament.
Takesi Fujimaki, a former advisor to George Soros and an ex-JPMorgan Chase employee, is currently...
Iranians Defy Warning and Share Pictures of Bitcoin Mining in Mosque
27.6.2019
On Tuesday, the Iranian energy grid corporation Tavanir warned illegal bitcoin mining operations that they would be cut off from their supply. Following the announcement, pictures of a mining facility set up in a mosque went viral on social media. Also Read: Iranian Energy Grid Blames...