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Despite the White House Debate, Critics Insist US Officially in a Recession After 2 Consecutive Quarters of Negative GDP Growth
28.7.2022
The U.S. economy has declined for the second-straight quarter as the country’s gross domestic product (GDP) declined by 0.9% in Q2. The Bureau of Economic Analysis’s summary of the U.S. GDP follows the recent debate over the technical definition of a recession. America’s Q2...
Top NFT Collections Rise in Price After Latest US Fed Hike
28.7.2022
Floor prices of some of the most popular collections of non-fungible tokens (NFTs) rose over the past 24 hours, as the US Federal Reserve (Fed) on Wednesday announced yet another rate hike in line with what the market was expecting.
According to the NFT data provider DappRadar, the floor prices...
Bitcoin, Ethereum Technical Analysis: BTC Surges by $2,000, Climbing Above $23,000 as Fed Hikes Bank Rate
28.7.2022
Crypto prices surged in today’s session, as markets continued to react to the Federal Reserve’s latest interest rate hike. The Fed opted to raise rates by 75 basis points (bps) for a second consecutive meeting. Bitcoin briefly rose above the $23K mark earlier in the day, with ethereum...
Bitcoin ‘bear market rally continues’ after BTC price jumps to $23.4K
28.7.2022
The Fed rate hike and comments from Jerome Powell serve to buoy risk assets, with one analyst arguing that the worst of the bank's "hawkish" phase has already passed
'Bullish rate hike' — Why crypto spiked today in the face of bad news
28.7.2022
The Fed’s attempts to reel inflation in by increasing interest rates are usually associated with a pullback of investment activity across markets
Fed Hikes Benchmark Bank Rate by 75 bps, Elizabeth Warren Says Central Bank Could ‘Trigger a Devastating Recession’
27.7.2022
On Wednesday, the U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) in order to tame inflation and stabilize the American economy. The recent rate hike is the U.S. central bank’s third rate increase after increasing the benchmark rate by 50 bps last March. Fed Hikes...
Bitcoin spikes above $22.2K as Fed votes for 75-basis-point rate hike
27.7.2022
No surprises from the Fed as Bitcoin bulls see rewards for late longs with the press conference still to come
Federal Reserve Hikes US Interest Rate by 0.75 Percentage Point
27.7.2022
Latest monetary policy decision from Federal Open Market Committee (FOMC) brings the federal funds rate to a range of 2.25%-2.5%. Bitcoin's price was little changed after the announcement
US Fed Fires Another 75 Basis Points Rate Hike at Record Inflation
27.7.2022
The US Federal Reserve (Fed) has hiked interest rates by 75-basis points, to the interval 2.25 to 2.5%, in line with what most analysts expected. (This is a developing story and is being constantly updated.)...
Read More: US Fed Fires Another 75 Basis Points Rate Hike at Record Inflation
Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher Ahead of Today’s Interest Rate Decision
27.7.2022
Bitcoin was trading marginally higher on Wednesday, as traders were preparing for today’s interest rate decision. The Federal Reserve is expected to hike rates by 75 basis points for the second month running, as inflation in the United States continues to rise to multi-decade highs. Ethereum...
Economists Say Fed Could Shrink Balance Sheet in 2023, Critics Insist Central Bank Hasn’t Reduced QE at All
26.7.2022
With inflation soaring in the U.S., economists from monetary policy analytics and forecasting firm LH Meyer say the U.S. Federal Reserve could stop shrinking its balance sheet earlier than expected. However, critics have said the U.S. central bank hasn’t really shrunk the Fed’s...
Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,400 Support, BTC Hits $21,000 Prior to Federal Reserve Meeting
26.7.2022
Ethereum fell below its recent floor of $1,500 earlier in today’s session, as bearish pressure intensified in crypto markets. Uncertainty in the market has heightened today, as traders prepare for yet another rate hike from the Fed. Bitcoin was also lower for a second consecutive day,...
US Fed Set for New Rate Hike This Week, But How Aggressive Will It Be?
25.7.2022
The US Federal Reserve (Fed) is set to announce another significant interest rate hike on Wednesday this week, and crypto market participants are watching closely for any clues about how aggressively the Fed will move....
Read More: US Fed Set for New Rate Hike This Week, But How Aggressive Will...
Ethereum's bearish U-turn? ETH price momentum fades after $1.6K rejection
25.7.2022
Ether risks falling further below $1,350 in August as the ETH price rally is losing steam
Will the Fed prevent BTC price from reaching $28K? — 5 things to know in Bitcoin this week
25.7.2022
Bitcoin prepares for what promises to be a tense week of rate hikes, earnings and more as BTC fails to reclaim crucial trendline
Analysts Suspect the Fed Will Bump Federal Funds Rate by 75 bps Next Week, Others Predict the ‘Biggest Hike in Decades’
20.7.2022
Following the recent U.S. consumer price index report that indicated inflation in America has reached a 40-year high, many expect the Federal Reserve to hike the benchmark interest rate by 75 to 100 basis points (bps) on July 26. Blackstone’s Private Wealth Solutions expects the Fed to raise...
White House Reporter Says Inflation Has Become ‘Biden’s Political Nightmare’ as Critics Slam Government Spending
17.7.2022
While the latest Bureau of Labor Statistics Consumer Price Index (CPI) report indicates U.S. inflation has continued to print perpetual new highs, U.S. president Joe Biden is losing ground on his climate bill. The Biden administration’s recent budget negotiations and tactics toward dealing...
56% of banks say DLT and crypto are 'not a priority' in near future — Fed survey
15.7.2022
Many respondents from major banks said the technology would likely be unimportant for liquidity management practices until 2027
Two Bitcoin price prediction polls, same outcome: $10K BTC is coming
15.7.2022
While a classic technical indicator could be hinting at BTC price falling below $13,000 as well
Polygon rallies 22% on Disney invitation euphoria — will MATIC price gains swell in July?
14.7.2022
MATIC still awaits a decisive breakout after the Disney-led intraday rally, with the profit target sitting about 80% higher than current prices