Jerome Powell, chairman of the US Federal Reserve. January CPI data was broadly encouraging, but may … [+] not be enough to change the Fed’s plans to hike rates at future meetings. Photogr...
Tag: Elevated
Bitcoin Spot Volumes Remain Elevated Despite Price Stalling
Data shows the Bitcoin spot trading volumes have remained at high values during the past week despite the price mostly moving sideways. Bitcoin Spot Trading Volumes Have Stabilized Above $10 Billion A...
Ethereum Surges 4% As Whales Show Elevated Activity
Ethereum has seen an upwards push of 4% in the last couple of days as whales have displayed elevated levels of activity. Ethereum Whale Transactions At Highest Level Since December 16th As per data fr...
Home Sales Plunge To Great Recession Levels As ‘Frozen’ Housing Market Adjusts To Elevated Mortgage Rates
Topline Existing home sales fell in November for a record 10th-consecutive month, according to data released Wednesday by the National Association of Realtors, as the housing market continues to be on...
US inflation remains elevated but falling – time to buy equities?
The most-awaited US November inflation report was just released a couple of hours ago. It showed that inflation, while elevated, is falling. Financial markets have waited for the report to prepare for...
Oryen Network Presale Elevated To Top DeFi Project This Year – Is ORY Overcoming Curve and Helium?
Starting a crypto project may be a challenging task. You must prove your concept’s viability to potential investors and execute the vision. Very few projects have had successful ICOs. This year, the d...
Elevated CPI Report May Lock-In 0.75 Percentage Point Hike For November
Today’s CPI inflation numbers will do little to reassure the Fed ahead of their next meeting. (AP … [+] Photo/Manuel Balce Ceneta, File) Copyright 2022 The Associated Press. All rights res...
Bitcoin Spot Volume Remains Elevated With Price At Deep Discounts
On-chain data shows the Bitcoin spot trading volume has remained elevated recently as the price of the crypto has observed deep discounts. Bitcoin Spot Trading Volume Continues To Be Near Yearly Highs...
‘Investors Are Running out of Havens’ — Erratic Behavior in US Bond Markets Points to Deep Recession, Elevated Sovereign Risk – Economics Bitcoin News
Yields on long-dated U.S. Treasuries have been erratic this year and this week, the 10-year Treasury yield crossed 3.5% for the first time in a decade. Following the Fed’s 75bps (basis points) rate hi...
Federal Reserve Hikes Benchmark Bank Rate by 75bps to Battle Elevated Inflation – Economics Bitcoin News
The U.S. Federal Reserve raised the federal funds rate on Wednesday afternoon by three-quarters of a percentage point. The central bank’s move follows the consumer price index (CPI) report last week t...
Bitcoin Could Plummet Below $15K If Expected U.S. Jobs Report Indicates ‘Elevated Employment Figures’: Bloomberg
– Advertisement – Hedge Fund Predicts a Dip Below $15k for Bitcoin In the Wake of a High U.S. Jobs Report. Bitcoin Could Plummet Below $15K If Expected U.S. Jobs Report Indicates ‘Elevated...
Goldman Sachs Urges Investors to Buy Commodities Now — Expects Equities to Suffer as Inflation Stays Elevated – Economics Bitcoin News
Global investment bank Goldman Sachs has urged investors to buy commodities now and worry about a recession later. The firm’s analysts see commodities as “the best asset class to own during a late-cyc...
Powell Says Fed’s Battle With Inflation Will Bring ‘Some Pain,’ After Insisting Last Year Elevated Inflation Is ‘Likely to Prove Temporary’ – Economics Bitcoin News
On Friday, Jerome Powell spoke at the annual Jackson Hole Economic Symposium and the Federal Reserve chair explained that the U.S. central bank is focused on fighting the country’s red-hot inflation. ...
Elevated Bitcoin Open Interest Levels Puts Market In Vulnerable Position
Bitcoin has recovered above $23,000 multiple times now, but the digital asset remains in a perilous position. This is because the recovery alone has not been able to assure that the bull trend would e...
Bitcoin price hits 7-day low as US warns of ‘highly elevated’ CPI data
Bitcoin (BTC) carried through threats of new local lows July 12 as the White House warned of “highly elevated” inflation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView White House warns ...
Bearish Sentiment Improves, But Remains Elevated
NEW YORK – SEPTEMBER 16: A Wall St. sign next to the New York Stock Exchange (NYSE) September 16, … [+] 2008 in New York City. U.S. stocks continued to drop Tuesday morning for the second ...
Bitcoin Recovery Slows Down As Whale Inflows Remain Elevated
The latest recovery rally in the price of Bitcoin has now slowed down as on-chain data shows signs of dumping from whales. Bitcoin Exchange Whale Ratio Continues To Be At High Values As pointed out by...
Energy Stocks Jump As Oil Surges Again—Prices Will Remain Elevated Through Summer
Topline Energy stocks once again outperformed the rest of the market as oil and gas prices remain elevated due to inflation; despite ongoing risks to tight global supply such as Russia’s invasion of U...
Fed Sees Asset Prices As Elevated, Expects To Raise Rates Further
WASHINGTON, DC – OCTOBER 04: Federal Reserve Board Chairman Jerome Powell attends an event at the … [+] Federal Reserve headquarters October 4, 2019 in Washington, DC. Powell participated ...
Despite the Low Price, Bitcoin’s Hashrate Remains Elevated as Difficulty Taps an All-Time High – Mining Bitcoin News
Amid the Terra blockchain meltdown, Bitcoin’s hashrate has been well above the 200 exahash per second range, at 212 EH/s at the time of writing. Bitcoin’s hashpower has remained high after reaching an...
TravisMathew Launches First Ever Women’s Collection Of Elevated Basics
A shirt from the TravisMathew women’s collection of elevated basics. Courtesy of TravisMathew It was an opportunity begging to happen. Recognizing that 30% of TravisMathew customers are women – ...
Experts Believe Inflation May Have ‘Peaked,’ But Prices Will Remain Elevated This Year
Topline Despite consumer prices hitting a new four-decade high last month, the latest data show several signs that prices may be moderating slightly, with economists now predicting that inflation may ...
Extraordinarily elevated inflation expected tomorrow, April 12. Will Bitcoin react?
As Bitcoin drops into the $39,000 range for the first time since March 16, the White House has just announced. They expect “extraordinarily elevated” headline CPI data to be released tomorrow, April 1...
More Correction Soon? Bitcoin Whale Ratio Remains Elevated
On-chain data shows Bitcoin whale ratio still has a high value right now, suggesting that more downside could be coming for the crypto soon. Bitcoin Exchange Whale Ratio Has Stayed At Elevated Values ...
As Bitcoin’s Hashrate Remains Elevated, BTC’s Mining Difficulty Expected to Reach a Lifetime High – Mining Bitcoin News
During the last month, Bitcoin’s hashrate has been coasting along above the 200 exahash per second (EH/s) zone, minus a number of drops here and there above and below that range. Following two difficu...
Copper price is at elevated levels. 3 stocks to benefit
Copper prices have jumped sharply in the past few weeks as the crisis in Ukraine has escalated. Like all metals, copper has rise because of expectations of supply challenges. And in a recent statement...
European Central Bank Keeps Interest Rates Low And Expects Inflation To Stay Elevated
While the Federal Reserve continues to threaten interest rate hikes amid rising inflation, the ECB has taken a different approach. Bank President Christine Lagarde stated they will “not rush into a de...
Pepperstone Has Elevated Panayiotis Theodorou to Managing Director
Pepperstone recently elevated Panayiotis Theodorou to Managing Director, effective January 2022. Finance Magnates recently learned that Panayiotis Theodorou, an executive with more than a decades of e...
TSMC Sales Set Sixth Quarterly Record on Elevated Chip Demand
(Bloomberg) — Taiwan Semiconductor Manufacturing Co. reported a sixth straight quarter of record sales, buoyed by unrelenting demand by Apple Inc. and other customers for chips produced by the w...