BP CEO Bernard Looney speaks during an event in London on February 12, 2020, where he declared the … [+] company’s intentions to achieve “net zero” carbon emissions by 2050. (P...
Tag: BPs
ECB Hikes Policy Rate by 50 bps; Signals End of Hawkish Stance
The European Central Bank (ECB) recently brought an end to its long-running series of interest rate hikes, marking a new chapter for the eurozone economy. The ECB’s actions play a crucial ...
Crypto Market Reacts Positively as Fed Raises Interest Rate by 25 BPS
2 hours ago | 2 mins read Editors News The Fed implemented its smallest interest rate rise since March 2022. The crypto market responded positively with Bitcoin price even breaching $24k mark. In its ...
Why It Could Be Disastrous For Crypto If The Fed Raises Interest Rates By 50 BPS
The crypto and legacy markets could see a spike in volatility in a few hours. Jeremy Siegel, the Wharton School of Business Professor, told CNBC’s ‘Closing Bell: Overtime’ that “it will be a disaster”...
ECB follows trend of US an UK with 50 bps rate hike
The European Central Bank (ECB) has announced a hike of 50 bps (0.5%) Thursday. The move is largely in line with expectations, while it warned there are further moves on the horizon. “Interest rates w...
Crypto Market Tumbles As Fed Hikes Rates By 50 Bps
Crypto News Today Live Updates December and Latest News: (15 December 2022) The global crypto market printed red indexes on Thursday morning. The cumulative market cap is down by over 1.07% over the p...
Fed Hikes Rate 50 BPS As Per Expectation, Stocks, Crypto Down
Fed Rate Hike Decision News: The Federal Open Market Committee (FOMC) announced a 0.50% interest rate rise, as per the market expectation. The Fed said the repeat rate hikes at ongoing rate increases ...
This Could Be Bitcoin (BTC) Price If Fed Hikes Rate By 50 BPS
New Bitcoin (BTC) Price: In view of the last Federal Open Market Committee (FOMC) meeting on the rate hike, Bitcoin (BTC) price is one of the most anticipated metrics currently. For the first time in ...
Bitcoin (BTC) And Ethereum (ETH) Prices Spike In Anticipation Of 50 Bps Rate Hike
Bitcoin and Ethereum prices record modest gains on Wednesday ahead of the Federal Reserve rate hike decision. Bitcoin (BTC) price rallied over 5% on Tuesday as the CPI inflation comes in at 7.1% again...
Fed dials up interest rate by 75 bps – the 4th time in 2022; markets react
The Fed announces 4th consecutive 75-bps hike in fed rate. BTC and Ether fall marginally. Fed may go easier with fed rates in the future. Markets were prepared for the rate-hike The Federal Reserve (F...
Federal Reserve Announces 75 BPS Rate Hike, Bitcoin Rockets to $20,600
The Federal Reserve on Wednesday hiked its benchmark interest rate by another 75 basis points after its regularly scheduled Federal Open Markets Committee meeting. As usual, Bitcoin experienced vola...
Powell Raises Rate by 75 bps; Dow Jones Plunges; Top Energy Stock Nears Buy Point Before Earnings| Investor’s Business Daily
The Dow Jones Industrial Average plunged over 500 points to close a volatile day as the market reacted to Fed Chair Jerome Powell 75 bps rate hike at 2 pm ET. The blue chip index rose 1% immediately ...
Fed Could Hike Interest Rates By 75 BPS, Here’s What It Means For Bitcoin
The FOMC meeting is currently looming above the financial markets, including bitcoin, given that it is just a few days away. Previous interest rate hike trends and the fact that inflation remains a pr...
High PCE and firm worker compensation point to 75 bps hike
The Bureau of Economic Analysis (BEA) reported that the Fed’s favoured inflation gauge, the headline personal consumption expenditures price index (PCE) was up 0.3% in September (the same as August),...
Unregistered Crypto Asset Manager BPS Sued by Aussie Regulator
The Australian Securities and Investment Commission (ASIC) has brought civil penalty proceedings in the Federal Court against BPS Financial Pty Ltd, one of the asset management firms operating in the ...
Australian watchdog launches legal action against BPS for misrepresenting ‘crypto’ token Qoin
The Australian Securities and Investment Commission (ASIC) has launched legal action against BPS Financial Pty Ltd (BPS) over engaging in unlicensed conduct and misleading representations about its cr...
ASIC fires industry warning shot as it sues BPS Financial over crypto promo
Australia’s financial regulator has issued a stark warning to Australian crypto asset providers amid launching civil proceedings against Australian firm BPS Financial Pty Ltd (BPS) over “misleading” r...
Bitcoin Tumbles Hard After US Jobs Data, Probability Of 75 Bps Fed Rate Hike Jumps
Bitcoin price tumbled over 4% after the U.S. Bureau of Labor Statistics released non-farm payroll data for September. The U.S. unemployment rate fell to 3.5%, below the expected 3.7% in September. Mor...
Bank of England responds to ‘material risk to UK financial stability’, causing 10-year yields to drop by 40 bps
The UK’s so-called ‘mini-budget’ sparked market volatility last seen during the 2008 financial crisis and the Covid-19 crash. Namely, a package of tax cuts possibly totaling £45 billion (~$47.59 billi...
How Will Crypto Market React if Fed Hikes Rates Above 400 bps?
The Federal Open Market Committee (FOMC) of the Fed steers the economy through periods of inflation and recession as it uses quantitative tightening and reserve easing to sustain the money supply. The...
Experts say that Crypto Prices will Nuke if the 100 bps Rate is Announced FOMC Meeting
Join Our Telegram channel to stay up to date on breaking news coverage The rise of inflation has all the eyes on one FOMC meeting. People who have grown to expect this financial crisis expect the inte...
U.S. Federal Reserve Set To Hike Rates Above 400 BPs
The United States Federal Reserve is tightening, and interest rates hike has heavily impacted on the crypto market. Earlier this month, Bloomberg Analyst Mike McGlone McGlone said Bitcoin would outper...
Ravencoin (RVN) Down 36% As Fed Announces 75 bps Rate Hike
Join Our Telegram channel to stay up to date on breaking news coverage Ravencoin (RVN) is down 36% amid a stronger dollar on the back of the US interest rate hike. Ravencoin pricing has been strongly ...
Crypto Bounces As The Fed Agrees On A 75 BPS Hike
The Federal Reserve has reached its decision on the next interest rate hike. The Federal Open Market Committee agreed to a 75 bps interest rate hike with a 12-0 unanimous vote. Both Bitcoin and Ethere...
Bitcoin drops 6.5% after Fed’s 75 bps rate hike; Tether under pressure to produce documents on USDT reserve
The biggest news in the cryptosphere for Sept. 21 includes Bitcoin tanking 6.5% after Fed announced a 75 bps rate hike, a court ordering Tether to provide documents on its reserves, and Ethereum Devs ...
Bitcoin Falls to $19k as Federal Reserve Announces 75 BPS Rate Hike
Following a two-day Federal Open Markets Committee (FOMC) meeting, the Federal Reserve has risen its benchmark interest rate by another 75 BPS. Bitcoin’s price reacted erratically to the news, droppi...
Fed announces 75 bps rate hike; Bitcoin tanks 6.5% on the news
The U.S. Federal Reserve raised interest rates by 75 basis points after the Federal Open Market Committee (FOMC) meeting on Sept. 21, bringing the Federal Funds Rate to 3.25%. Bitcoin reacted with a 6...
Bitcoin sinks as CPI inflation hits 8.3%, shortening odds of 3rd consecutive 75 bps hike
The price of Bitcoin sank following the release of Consumer Price Index (CPI) data by the U.S. Bureau of Labor Statistics (BLS), showing a 0.1% increase in August, taking the unadjusted value to 8.3%....
ECB credibility not so robust as rates hiked by 75 bps
In a “major step” the European Central Bank’s Governing Council, unanimously decided to raise its three key interest rates by 75 bps earlier today. Responding to historic levels of consumer inflation ...
ECB raises rates by 75 bps but expects to avoid recession
Euronext NV is keeping flat on Thursday even after the European Central Bank lifted its key interest rates by 75 basis points. Further rate hikes are expected Last week, consumer prices were reported ...
Bitcoin holds steady as ECB implements 75 bps rate hike
Crypto market leader Bitcoin continued trading flat after the European Central Bank (ECB) announced a 75 basis point hike on Thursday. Source: BTCUSDT on TradingView.com At the end of August, Eurozone...
Gold falls 0.6% after Fed Chair comments and ECB’s 75 bps rate hike
Gold price was struggling to hold above $1,717 an ounce on Thursday afternoon following a dip from intraday highs above $1,728 to lows of $1,711 an ounce, this as a soaring US dollar and US Treasury y...