Fed interest rate announcement highlights: largest rate hike since 1994, inflation to reach 2.2% in late 2024

In its much-anticipated June meeting, the Federal Reserve raised policy rates by 75 bps, which was above the stated 50 bps hike, to the range of 1.5% – 1.75%. The Federal Open Market Committee’s (FOMC...

Crypto Prices Plummet – Coinbase, Crypto.com Announce Layoffs

With the ongoing crypto crunch, following the suit of Crypto.com, Coinbase Global Inc. CEO Brian Armstrong also took to Twitter to announce the 18% cut in its workforce, blaming the market turndown an...

NIO Stock Soars After New SUV Revealed. Here’s Why.

Text size NIO stock was rising after it revealed the new ES7 SUV. Courtesy Nio NIO stock is gaining again after it revealed the ES7 SUV at a launch event Wednesday. NIO stock has risen 4% to $19.45 at...

Ethereum Facing Huge Liquidation? These are the Crucial Levels to Keep an Eye on – Coinpedia – Fintech & Cryptocurreny News Media

The Ethereum (ETH) price is under stress as it anticipates a significant selloff near $1016. It is presently trading at $1,114.21, and has recorded a drop of 4.26% in the last 24hrs.    Three Arrows C...

Thailand’s First Domestic Mega App Will Be Developed By Google And Robinhood

A super app is essentially a consolidated app that contains all of a user’s demands. Ride-hailing services, food delivery, payment wallets, flight and hotel bookings, groceries, and many other s...

EarthFund Launches Allowing ‘Anyone’ To Set Up A DAO To Fund World-Changing Causes

The decentralized fundraising platform will allow anyone to set up their own decentralized autonomous organization (DAO) to fund humanitarian and environmental causes they love, making a real and mean...

January 6 Committee Releases Footage Of Rioter On Tour Of Capitol Before Attack Taking Suspicious Photographs

Topline The committee investigating the January 6 attack released a video Wednesday in which a man outside the Capitol building on that day made threats against Democratic lawmakers, as well as survei...

Galaxy Digital CEO Mike Novogratz Says Crypto is Closer to Bottom Than Stock

Mike Novogratz, a famous American crypto proponent and founder of crypto investment firm Galaxy Digital, believes that the crypto market is closer to the “bottom” than the U.S. stock market. Ethereum ...

Bitcoin Fear and Greed Index Dumps to Lowest Levels Since the COVID-19 Crash

Amid the ongoing massacre in the cryptocurrency market, the popular Bitcoin Fear and Greed Index has plummeted deep into an “extreme fear” state. In fact, the metric is at its lowest position since th...

Will there be a recession in 2022? Guggenheim’s Minerd says we are already in one

The largest rate hike since 1994 took place Wednesday as the US Federal Reserve hiked its benchmark interest rate by three-quarters of a percentage point. This begs the question: are there any similar...

Binance sets high standards for AML and KYC with their user-first approach

With cryptocurrencies slowly gaining momentum and going mainstream, it has become important for key industry participants in the crypto space to make sure that crypto transactions are not being used f...

Withdrawals And Transfers Have Been Halted By Cryptocurrency Lender Celsius Due To Extreme Market Conditions

Celsius, whose investors include stablecoin issuer Tether International, growth equity firm WestCap Group, and Canadian pension fund Caisse de Dépôt et Placement du Québec, writes, We are making this ...

Bit.com Becomes the first Exchange to List Staked Ether (STETH) despite De-pegging Concerns

Bit.com, the Singapore-based exchange, has listed Staked Ether (STETH) on its spot and and perpetual futures markets, according to a recent press release. Bit.com becomes the first cryptocurrency exch...

Electric Car Happiness Will Turn To Fury When Real Range Becomes Clear

Vintage illustration of an ‘electronic car of tomorrow’ driving on a city highway, with electronic … [+] display and guidance, 1950s. Screen print. (Illustration by GraphicaArtis/Get...

“Nothing Issue” — MicroStrategy CEO Saylor Says No Cause For Alarm Despite Losing $1B In Bear Market ⋆ ZyCrypto

Advertisement &nbsp &nbsp CEO of software and cloud engineering behemoth, MicroStrategy, Michael Saylor, has said he is not losing sleep over the crypto markets despite his co...

Carvana stock up 18% on Wednesday: here’s why

Carvana Co (NYSE: CVNA) is up roughly 18% on Wednesday after an SEC filing said insiders have been aggressively loading up on shares of the used car retailer in recent days. Who’s been buying mo...

Post-Retest Fall May Sink SOL Price To $20

Published 12 hours ago Last week’s sell-off in the crypto market pulled the Solana(SOL) price below the prior lower low support of $40. The breakdown tumbled the altcoin by 22% as it reached near the ...

Stock Market Jumps Even With Expectations Of Large Rate Hike

Stock market indexes climbed more than 1% Wednesday morning, their best gains in nearly two weeks, as investors waited for the Fed to announce its interest rate policy. X Indexes are rebounding from a...

Pros and Cons of Each Blockchain Consensus – crypto.news

While the common consensus mechanisms are PoW and PoS, there are several noteworthy alternatives. Many of these alternatives mix and match components from other encryption and consensus mechanisms. Th...

Three Arrows Capital Liquidated for Millions, Sources Say Crypto Hedge Fund May Face Insolvency – Bitcoin News

According to “well-placed sources,” speaking with The Block reporter Frank Chaparro, the digital currency hedge fund known as Three Arrows Capital (3AC) may be facing insolvency after significant liqu...

How to Survive a Crypto Winter

Cryptocurrency prices are affected by the law of demand and supply. As the demand increases, with supply unchanged, the prices go higher. As the supply increases with decreasing demand, the prices fal...

Crypto Market Is More Fearful Than On Black Thursday

Following the Bitcoin and wider crypto crash, investors in the market are now more fearful than they were during Black Thursday in March 2020. Crypto Fear And Greed Index Now Has An Extreme Fear Value...

Over 85% of Merchants getting ready for adopting crypto

According to a recent poll, 73 percent of companies want to integrate crypto payments internally over the next three years.  Merchants all set to welcome crypto The survey, titled “Merchants Getting R...

Lacoste’s luxury DAO, Bill Gates slams Bored Apes and more

Lacoste launches NFTs and DAO Accessible luxury brand Lacoste has launched a nonfungible token (NFT) project named Undw3 that includes a new decentralized autonomous organization (DAO) that will offer...

Megan Thee Stallion Wants Tory Lanez To Go To Jail For Allegedly Shooting Her

Topline Megan Thee Stallion told Rolling Stone Wednesday she wants rapper Tory Lanez, who allegedly shot her in the feet in 2020, to be imprisoned after he faces trial over the incident in September. ...

Binance, Kraken y Polygon aceleran contrataciones en respuesta a despidos masivos en la industria

Un vocero de Binance dijo que la empresa tiene abiertas más de 2.000 posiciones, con su sitio de búsquedas laborales mostrando puestos disponibles en Europa, Asia, América del Sur, África y el Medio O...

Microstrategy CEO Michael J. Saylor on Bitcoin price outlook: This is ‘ideal entry point’ for investors

MicroStrategy CEO Michael J. Saylor has said that Bitcoin (BTC-USD) at its current price levels offers an opportunity and the “ideal entry point” for any investor looking to get in. Bitcoin fell to lo...

Three Arrows Capital Is Now Pushing Crypto Market Down as It Loses Millions of Users’ Funds

Arman Shirinyan One of biggest funds in crypto is rapidly losing ground under its feet One of the largest funds in the cryptocurrency industry is now facing massive pressure, as it is obligated to fun...

Boeing Stock Soars On China 737 Max Test Flight, Plane Demand Bets

Updated at 1:25 pm EST Boeing  (BA) – Get The Boeing Company Report shares powered higher Wednesday amid news that a key China carrier conducted test fights of the planemaker’s troubled 73...

Congress preps hearing on ‘Future of Digital Assets Regulation’ for later this month

The House of Representatives is preparing to hear testimony on digital asset regulation later this month, The Block has learned.  Three sources with knowledge of the matter say that the House Agricult...

Famous Youtuber And Trader Ben Armstrong Bringing A Class Action Lawsuit Against Celsius And Its CEO

– Advertisement – Ben Armstrong, a famous crypto trader with a Youtube following of 1.45M and a Twitter following of 851K, is going to file a case against Celsius. Over the last few days, ...

Asia will be next to experience a crypto blast soon

According to an Accenture study, cryptocurrencies will experience massive growth among top Asian investors in the future.  More than half of rich investors own cryptocurrencies, with another 21% plann...