Federal Reserve Chair Jerome Powell Brendan Smialowski/Pool via ASSOCIATED PRESS Stocks have continued to struggle for direction since a hotter-than-expected inflation report earlier this week dragged...
Tag: Basis
Any doubt Fed will raise rates by 75 basis points next week is gone after hot U.S. inflation data
Any doubt that the Federal Reserve will raise its its benchmark interest rate by 0.75 percentage point next week is gone, economists said, following the hot U.S. consumer price inflation data for Augu...
European Central Bank Raises Interest Rates by 75 Basis Points
Bitcoin News In July, it saw a half-point uptick—the first increase in 11 years. Lagarde predicts a significant slowdown in economic activity. Following a trend of interest rate increases from major c...
Bitcoin Flat at $19K as ECB Raises Interest Rates by 75 Basis Points
In an attempt to fight the galloping inflation, the European Central Bank, similar to its counterparty overseas, raised the key interest rates by 75 basis points. Unlike the Fed’s interest rate hikes,...
European Central Bank Follows The Fed, Raising Rates 75 Basis Points
FRANKFURT AM MAIN, GERMANY – President of the European Central Bank Christine Lagarde announced a … [+] 75bps rise in European interest rates to combat inflation (Photo by Ronald Wittek &#...
ECB Hikes Interest Rate 75 Basis Points as Inflation Hits
As such, the ECB’s latest move demonstrates that global liquidity tightening is in full swing, which weakens the case for bullish revival in risk assets, including cryptocurrencies. Later this m...
BNB Coin Retracing Lower Support; The Basis for TAMA Is Bullish
BNB coin has experienced decent gain over some significant length of time. However, at this point, we may be at the beginning of this crypto’s price action retracing lower price levels. Will this tren...
SHIB Rebounds Downwards, TAMA Has a Bullish Basis
Shiba Inu price action rose to higher resistance via a bullish candlestick on a daily chart recently. However, over time an opposite downward correction occurred. This is because the massive price jum...
ETH Is Bearish, Falls to Lower Support, the Basis of TAMA is Bullish
After Ethereum ramped up in price, reaching very close to $2000, selling pressure resumed and has wreck havoc on this market. Nevertheless, looking at this chart, we can see that it appears as if stro...
Huawei Sees Marginal Revenue Growth in Q2 2022 on Year-on-Year Basis
The marginal revenue growth in Q2 comes despite the massive plunge the company’s business took in the first quarter. Chinese multinational technology corporation, Huawei Telecommunications equipment c...
US ethics advisory on federal employee’s crypto has basis in legislation
When the United States Office of Government Ethics (OGE) released its Legal Advisory 22-04 on July 5, most attention was given to its conclusion that federal employees who own any amount of cryptocurr...
Fed Meets Market Expectations With 75 Basis Point Rate Hike, Bitcoin Jumps 5%
The Federal Reserve delivered an interest rate hike of 75 basis point today, lifting the target range of its benchmark interest rate to between 2.25% and 2.5%. The move met the expectations of analyst...
Another 75 Basis Point Raise, In Interest Rate By US Fed
The United States Federal Reserve (US Fed), has increased its interest rates by 75 basis points or 0.75%. After the announcement by the US Fed, it became a hot topic of discussion about the coming rec...
Bitcoin fluctuates as Federal Reserve raises key interest rate by 75 basis points
The US Federal Reserve has raised the US federal funds rate to 2.5%, an increase of 75 basis points. Wednesday’s decision was largely expected, with the market pricing in a rise of 75 basis points ah...
US Fed Expected to Raise Interest Rate by 75 to 100 Basis Points Today
While the US Fed has almost decided on the interest rate hike for this month following the two months of running inflation. The US Federal Reserve’s (Fed) Open Market Committee (FOMC) is expected to m...
U.S Federal Reserve Raises Interest Rates by 75 Basis Points
53 mins ago | 2 mins read Bitcoin News Consumers and companies are likely to reduce their borrowing and spending. The central bank had predicted an interest rate increase of 100 basis points. Second t...
Fed Hikes 75 Basis Points Second Time, Signals Third Is Possible
(Bloomberg) — Federal Reserve officials raised interest rates by 75 basis points for the second straight month and Chair Jerome Powell said a similar move was possible again, rejecting speculati...
Fed Raises Rates 75 Basis Points, Again
The markets had largely priced the change in, analysts say, but persistent inflation could move cryptos to the red The central bank also opted to raise rates 75 basis points in June The Federal Reserv...
Stocks surge as Fed hikes rates by 75 basis points
U.S. stocks surged Wednesday as investors mulled a major decision from Federal Reserve policymakers to raise interest rates by 0.75% and remarks from Chair Jerome Powell hinting the central bank may s...
Key Takeaways From Fed Decision to Raise Rates 75 Basis Points
Reuters Analysis-Investors gauge U.S. stocks rebound: ‘suckers’ rally’ or market bottom? As investors await another jumbo-sized rate increase from the Federal Reserve, they are takin...
Dow Jumps 400 Points After Fed Hikes Rates By 75 Basis Points
Topline The stock market jumped on Wednesday after the Federal Reserve raised interest rates by 75 basis points for the second consecutive month in a row, with Fed Chair Jerome Powell hinting that the...
Fed Raises Interest Rates By 75 Basis Points Again As Investors Brace For Recession
Topline The Federal Reserve on Wednesday doubled down on its most aggressive economic tightening campaign in nearly three decades to help temper the nation’s stubbornly high inflation, raising i...
Glassnode: What Bitcoin Long-Term Holder Cost Basis Tells Us About Bear Market Length
Data from Glassnode shows the Bitcoin long-term holder cost basis is currently above the realized price of the crypto. Bitcoin Long-Term Holder Cost Basis May Have Hints For Bear Market Length As per ...
Powell Seen Slowing Fed’s Hikes After 75 Basis Points Next Week
(Bloomberg) — Federal Reserve Chair Jerome Powell is likely to slow the pace of interest-rate increases after front-loading policy with a second straight 75 basis-point hike next week, economist...
75 or 100 basis points? Lost in market debate over Fed’s next rate hike is ‘how long inflation stays at these levels’
Debate has been simmering over whether Federal Reserve policy makers will raise the fed-funds rate by three-quarters of a percentage point later this month, as they did in June, or step up their infla...
Celcius Market Cap Crashes 86% On Year-To-Date Basis As Company File For Bankruptcy
Investors in the failing cryptocurrency lending startup Celsius are still losing money weeks after the company filed for bankruptcy. Customer withdrawals had been frozen. Celcius Market Cap Crash 86% ...
USDC Enjoys Robust Reserve & Redeemed on 1:1 basis with USD, Says Circle CEO
Jeremy Allaire, the founder and Chief Executive Officer of USDC stablecoin issuer Circle took to Twitter recently to share updates about the firm and how it is in a better position financially despite...
BIS: Crypto’s ‘Structural Flaws’ Make It Unsuitable as Basis for Monetary System
A new report from the Bank for International Settlements (BIS) concludes that crypto’s “structural flaws” make it “unsuitable as the basis for a monetary system.” The Ann...
Bitcoin price climbs to $22.5K after Fed 75 basis point hike aims to cap runaway inflation
Global financial markets were squarely focused on the U.S. Federal Reserve and its decision to raise interest rates by 75 basis points on June 15, the largest increase in 28 years as the central bank ...
The Fed opts for a 75 basis point rate hike
Last night, the US central bank opted for a record 75 basis point rate hike. Another rate hike by the Fed, this time more significant The collapse of the crypto market was partly influenced by this ra...
Bitcoin Volatility Skyrockets as Fed Announces 75 Basis Point Rate Hike
It gets crazier: Bitcoin fluctuated massively on Wednesday after the Federal Reserve announced an interest rate hike of 75 basis points. That’s the highest hike the central bank has attempted since 19...