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We Now Understand How Little We Understand About Inflation – Fed’s Powell
29.6.2022
The current high levels of inflation in both the US and Europe have given central bankers an opportunity to “understand better how little we understand about inflation,” US Federal Reserve (Fed) chair Jerome Powell said.
Speaking at the European Central Bank’s (ECB) Forum on Central Banking...
Can Cardano's July hard fork prevent ADA price from plunging 60%?
28.6.2022
ADA's price is above a key technical support level in the days leading up to the major Cardano upgrade
Zimbabwe to Hike Benchmark Rate to 200%, Central Bank Minted Gold Coins to Act as Store of Value
28.6.2022
After seeing the country’s inflation rise to 191.6% in June, Zimbabwean monetary authorities said they have resolved to increase the benchmark interest rate to 200% per annum. In addition, the central bank said it will introduce gold coins which will act as an instrument that will...
Dogecoin price could rally 20% in July with this bullish reversal pattern
27.6.2022
DOGE's bullish pattern has reached its profit target 79 out of a hundred times in its financial history
How low can Ethereum price drop versus Bitcoin amid the DeFi contagion?
26.6.2022
Interestingly, Ethereum has not reclaimed its all-time high against Bitcoin since June 2017 despite the NFT craze
Ethereum price breaks out as 'bad news is good news' for stocks
24.6.2022
Ether has rebounded by nearly 40% in the last six days despite persistent "bull trap" risks
XRP price rally stalls near key level that last time triggered a 65% crash
24.6.2022
Macro risks and a long-term bearish setup continue to spoil XRP's bullish prospects
Fed Chair Powell: We’re Not Seeing Significant Macroeconomic Implications From Crypto Sell-Off
24.6.2022
Federal Reserve Chairman Jerome Powell says the central bank is “not really seeing significant macroeconomic implications” from crypto’s volatility. The Fed chair stressed that there is a need for a better crypto regulatory framework. Fed Chair Powell Says Crypto Needs Better...
Polygon price jumps 60% in four days amid 'pretty big' MATIC accumulation
23.6.2022
MATIC price now eyes a 20% price rally as it undergoes an inverse head and shoulders breakout
On the brink of recession: Can Bitcoin survive its first global economic crisis?
23.6.2022
Bitcoin has not seen a full-blown recession since it was launched as a response to the 2008 global financial crisis
What if the Federal Reserve Has Inflation All Wrong?
22.6.2022
The dominant U.S. inflation narrative blames pandemic stimulus for rising prices. But what if the money supply isn’t the real problem?
Digital Dollar Would Secure Greenback as Global Reserve Currency, Lawmaker Argues
22.6.2022
U.S Rep. Jim Himes (D-Conn.) published a report supporting the introduction of a central bank digital currency on Wednesday
Bitcoin price rises to $20.7K as Fed's Powell says more rate hikes 'appropriate'
22.6.2022
Testimony from the Fed Chair provides no surprises while risk assets meander on the Wall Street open
Central African Republic President on BTC Volatility: ‘Mathematics Don’t Account for Human Emotions’
22.6.2022
In an apparent message to critics of the Central African Republic’s bitcoin decision, the country’s president, Faustin-Archange Touadéra, recently argued that understanding the crypto’s disruptive power is crucial and that “mathematics don’t account for human...
Is there a way for the crypto sector to avoid Bitcoin’s halving-related bear markets?
21.6.2022
BTC’s high volatility and halving-related bear markets tend to drag down investment and interest in the entire crypto market. Can this be avoided?
USDD Continues to Trade for Under $1 — Tron DAO Reserve Insists Stablecoin Has Not Depegged
21.6.2022
Since June 12, 2022, the Tron-based stablecoin USDD has remained below a U.S. dollar in value. On Monday, USDD had a 24-hour trading range of around $0.943 to $0.966 per unit and the day prior on June 19, USDD saw an all-time low at $0.928 per unit. Despite being below the U.S. dollar parity,...
Cleveland Fed President Loretta Mester Is ‘Not Predicting a Recession,’ Says Inflation Will Move Down
20.6.2022
Cleveland Federal Reserve Bank president Loretta Mester doesn’t think a recession will take place in the United States but believes it will take two years to get inflation back down to 2%. While speaking during an interview on Sunday, Mester explained that while it will take two years...
US Fed to Blame for Downturn, Large Crypto Players Have Responsibility Toward Ecosystem - FTX CEO
20.6.2022
With crypto prices continuing to slide, Sam Bankman-Fried, the outspoken CEO of major crypto exchange FTX, argued that the US Federal Reserve (Fed) is to blame for the ongoing downturn, but that large companies such as his have a responsibility to step in and make efforts to contain...
Ethereum analyst warns of 'clean fakeout' despite 30% ETH price rebound
20.6.2022
One of Ether's on-chain indicators signals the token has entered its bottoming out phase
$100K BTC Predictions, Peter Schiff on Recession and Bitcoin, Bill Gates Slams NFTs — Bitcoin.com News Week in Review
19.6.2022
It’s been a week of polarizing opinion in crypto news. Whether it’s cryptocurrency fund managers predicting $100K bitcoin by the end of the year, Peter Schiff saying things “will only get worse as the recession deepens,” or Bill Gates slamming crypto and NFTs, citing...