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Fed ‘not trying to induce a recession’ with interest rate hikes
Federal Reserve Chairman Jerome Powell said Wednesday that the central bank hopes to avoid a recession after ratcheting up its pace of interest rate hikes. “We’re not trying to induce a recession now,...
Gitcoin’s Kevin Owocki on Changing the World With Web3
Key Takeaways Kevin Owocki is the founder of the Ethereum-based open source funding platform Gitcoin. Gitcoin accepts donations on the Ethereum blockchain and uses quadratic funding to match donations...
Ankr Gives BNB Chain a Major Performance Upgrade With Its Open-Source Contributions
San Francisco, United States, 16th June, 2022, Chainwire Ankr, one of the world’s fastest-growing Web3 infrastructure providers, is thrilled to announce that its open-source contributions to BNB Chain...
Bill Gates: Crypto and NFTs ‘100% Based on Greater Fool Theory’
Billionaire Microsoft co-founder Bill Gates has dismissed investments in cryptocurrencies and NFTs, arguing that the digital assets market is largely driven by speculation. “As an asset class, it’s 10...
DogeCoin Presenting Some Good News In The Face Of Crisis
Dogecoin is facing a huge crisis both financially and from the point of view of currency trust and potential. This is amplified by the ongoing cryptocurrency bear market. As of now, Dogecoin (DO...
Shiba Inu (SHIB) Becomes Top Altcoin Among Ethereum Whales As Crypto Markets Crash: WhaleStats
Fresh data shows the world’s biggest Ethereum (ETH) whales are hoarding meme coin Shiba Inu (SHIB) at an average value of over $3.6 million each. The latest numbers from WhaleStats reveal the investme...
Mike Novogratz: we’re near the bottom
The CEO of Galaxy Digital says there has been a huge capitulation, and that the macro environment is still quite challenging, but perhaps the bottom is near. According to Mike Novogratz Bitcoin is clo...
Bill Gates Condemns NFTs; Claims it to be Part of a Greater-Fool Theory
NFTs have time and again, proved their popularity over the past couple of years. With a speculated potential to revolutionize several sectors, these digital assets have been on the watchlist for huge ...
Cube Carnival Launches To Foster Community Spirit
The world’s leading Web3 blockchain, Cube Network, in partnership with its lead investor Huobi Global, today announced the launch of Cube carnival, a series of events aimed at thanking users and build...
Free Cash Flow Yield Near Record Highs Through 5/16/22
Glass jar filled with USA coins against rustic wood panel background with rusty nail heads showing getty The NC 2000’s trailing free cash flow (FCF) remains high, relative to recent quarters, because ...
Is Bitcoin Gearing Up for Consolidation Before Triggering a New Bullish Cycle?
With Bitcoin (BTC) hovering around the 200-week moving average (MA), some analysts believe that the top cryptocurrency might be laying grounds for a ranging market that would, later on, prompt a bulli...
Home builder stock slump as U.S. housing starts falling faster than expected
On Thursday, June 16, home builders’ stocks dropped markedly after data came in lower for May by 14.4%. Currently, the annualized units stand at 1,549 million, despite the readings for April being the...
The History Behind How PrimeXBT Became The Pioneer In Copy Trading – crypto.news
Today, PrimeXBT is known as a top trading platform with a world-class suite of trading tools that includes the Covesting copy trading module. The pioneer in the copy trading space has set the bar for ...
SEC permanently revokes Huobi Thailand’s license: Branch to close by July
Huobi’s operations in Thailand have been halted, as the Thai SEC revoked the crypto platforms operations in May this year, making a permanent decision that will result in the permanent closure of Huob...
What does the Fed’s interest rate hike mean for commodities prices?
In its June 14-15th meeting, the Federal Reserve hiked interest rates by 75 bps to a range of 1.5% – 1.75%. This was above Chairman Powell’s planned hike of 50 bps, and the largest increase since 1994...
After Massive Volatility, BTC Bounced Off $20K, Altcoins Recover Double-Digits (Market Watch)
The past 24 hours brought more price fluctuations to the cryptocurrency market, especially after the US Federal Reserve announced the highest interest rate hike since 1994. Nevertheless, bitcoin manag...
Chainlink: What to expect with LINK preparing for a breakout from a squeeze zone
LINK seemed like it was poised for a strong bullish breakout after low price volatility in the last two weeks of May. However, Its price action confirmed that its long-term descending resistance line ...
The Decentralized Future ⋆ ZyCrypto
Advertisement     Are you excited about web3 and the decentralized future? If yes, then you will be even more excited about the upcoming GeckoCon virtual web3 conferen...
Shiba Inu To Repeat Historical Trend Of Protracted Periods Of Consolidation As Price Drops to Ten-Month Lows?
After the latest market sell-off, the price of Shiba Inu has fallen to a 10-months low. The meme-inspired currency reached intraday lows of $0.0000074 on June 14 after which it returned to a price ran...
Powell will stop inflation by ‘any means necessary’
CNBC’s Jim Cramer on Wednesday said that investors should be with Jerome Powell and not against him, as the Federal Reserve chair has proven he’s willing to take inflation down no matter w...
Amid Crash, Michael Saylor Suggests This Entry Point For Bitcoin
Despite suffering an unrealized loss of over $1 billion in Bitcoin in the current bear market, Michael Saylor’s faith in the asset is unwavering. Amid fears of Bitcoin freefall on Tuesday, he said his...
Who Are The Influencers That Shape Retail?
Fashion influencers attend the Pitti Immagine Uomo fashion event on June 12, 2019 in Florence, … [+] Tuscany. (Photo credit by MIGUEL MEDINA/AFP via Getty Images) AFP via Getty Images We are con...
BTC Moves Away From $20,000 Following Historic Fed Rate Hike – Market Updates Bitcoin News
Bitcoin moved away from its recent low of $20,000 on Thursday, following a historic rate hike from the Federal Reserve. As inflation in the United States rose to a 44-year high of 8.6% last month, the...
Circle introduces euro-pegged stablecoin | Invezz
USDC issuer and global internet finance company Circle Internet Financial is launching Euro Coin (EUROC), a fully-backed, euro-pegged stablecoin, Invezz learned from a press release. EUROC is built on...
Binance Coin Holds Above $207 as Bears Threaten To Short
Jun 16, 2022 at 13:00 // Price The price of Binance Coin (BNB) has fallen and has regained the previous low of $207. Bears undercut the previous low twice before pulling back. In short, the BNB ...