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Federal Reserve Governor Supports More 75bps Rate Hikes Citing ‘Significant Risk of High Inflation Into Next Year’
9.8.2022
Federal Reserve Governor Michelle Bowman says she supports ongoing 75 basis point interest rate hikes “until inflation is on a consistent path to significantly decline,” citing “a significant risk of high inflation into next year for necessities including food, housing, fuel...
Metaverse housing bubble bursting? Virtual land prices crash 85% amid waning interest
8.8.2022
The virtual real estate market is crashing despite a McKinsey report predicting a $5 trillion market by 2030
As Interest Rates Rise, a Silent Vampire Attack on Crypto
8.8.2022
DeFi Protocol Voltz Could Bring 150% Interest Rate on Ether Deposits
5.8.2022
As the Ethereum blockchain's Merge approaches, traders and venues are seeing the event as an opportunity to pocket fat yields – possibly signaling a renewed appetite for risk in crypto just months after its big market crash
Inflation Is Spiking in Zimbabwe (Again). Why High-Interest Rates Aren’t the Answer
5.8.2022
Jonathan Munemo, Professor of Economics, Salisbury University._____
The central bank of Zimbabwe has raised its benchmark rate from 80% to a fresh record of 200%. This increase comes as Russia’s invasion of Ukraine is driving global commodity prices higher, exacerbating inflation in many countries...
Inflation Is Spiking in Zimbabwe (Again). Why High-Interest Rates Aren’t the Answer
5.8.2022
Jonathan Munemo, Professor of Economics, Salisbury University._____
The central bank of Zimbabwe has raised its benchmark rate from 80% to a fresh record of 200%. This increase comes as Russia’s invasion of Ukraine is driving global commodity prices higher, exacerbating inflation in many countries...
First Mover Americas: Bitcoin Unbothered by Bank of England's Super-Size Interest-Rate Hike
4.8.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for August 4, 2022
Bank of England Raises Interest Rate by Most Since 1995
4.8.2022
The Bank of England has raised interest rates by 50 basis points to 1.75%, its biggest single increase since 1995, amidst concerns that U.K. inflation will be significantly above 10% next year
The Fed Is ‘Resolute’ on Hiking Interest Rates, Tightening Monetary Policy to Tame Inflation — Gold and Stocks Sink
3.8.2022
Several reports detail that U.S. Federal Reserve officials are resolute on tightening monetary policy and increasing the federal funds rate until inflation in America is alleviated. Chicago Fed president Charles Evans explained on Tuesday that the central bank would likely keep up the larger than...
Nigerian Central Bank Told to Consider Floating the Naira, Recent Interest Rate Hike Slammed
2.8.2022
The Central Bank of Nigeria should be discontinuing the fixed exchange rate system and let the naira freely float against the major currencies, Alhaji Aminu Gwadabe, the leader of a Nigerian association of bureau de change operators has said. The leader also slammed the recent adjustment of...
First Mover Americas: BTC Retreats From Weekend High of $24K, ETH Options Open Interest Surpasses BTC's on Deribit
1.8.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for August 1, 2022
Regulation of Cryptocurrency in South Africa Should Not Scare Away Investors Experts Say
30.7.2022
Two experts have said they welcome South Africa’s planned regulation of cryptocurrency but warned this should not scare away investors. If the regulation is balanced between the need to protect investors and stimulating interest in crypto investment, this “could see funds stream into...
Bitcoin, Ethereum Technical Analysis: BTC Climbs Above $24,000, While ETH Nears $1,800
29.7.2022
Bitcoin rose for a third consecutive session on Friday, as prices rose above $24,000 to end the work week. Today’s rise comes as sentiment in crypto remains bullish, following Wednesday’s interest rate hike by the Fed. Ethereum was also higher, as prices approached $1,800. Bitcoin...
Bitcoin rallies after Fed interest rate hike, but bears can still win Friday’s $1.76B options expiry
28.7.2022
BTC bears aim for a $360 million profit in July 29’s $1.76 billion monthly options expiry, but the FOMC interest rate decision could play a decisive factor
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...
Interest in Ether Options Rises to Record as Traders Bet on 'Merge'
28.7.2022
"A few hedge fund names have been large buyers of the ETH calls," one trading firm noted
'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
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...