The NZD/USD exchange rate moved sideways on Wednesday morning after the first RBNZ meeting of the year. Kiwi was trading at 62 cents against the US dollar, a few points above last week’s low of 0.6193...
Tag: Hike
Blur supersedes OpenSea with Ethereum NFT trading hike
Blur seemingly has been able to supersede OpenSea, with the Ethereum NFT trading actually managing to reach sky-high. It just happens that more than $500 million worth of trading was carried out and a...
In case you missed it, 7 big dividends: CBL hike, rumored Intel cut
By Davit Kirakosyan Investing.com — Here are some of the biggest dividend headlines you may have missed on InvestingPro this past week. Start your free 7-day trial to get this news first. CBL Pr...
Elrond TVL increases considerably, but what’s the reason behind the hike?
MultiversX’s TVL has been on a rally since the year began. After the name change and rebranding in November 2022, the chain has seen increased user activity. Formerly referred to as Elrond, MultiversX...
Filecoin: Deciphering reasons behind FIL’s unprecedented hike
Filecoin’s price and volume surged exponentially in the last seven days. On-chain metrics were bullish and so were a few market indicators. Filecoin [FIL] has grabbed the attention of many traders in...
Ark Invest’s Cathie Wood Anticipates End to Brutal Interest Rate Hike
2 seconds ago | 2 mins read Bitcoin News Ark Invest has been making large purchases of Coinbase (COIN). Cathie Wood forecasts that Tesla shares will reach $1500 in the next five years. Some prominent ...
Sticky inflation opens door to steeper Fed rate hike in March
Pervasive inflation, a hot job market and a resilient consumer have put the option of a half-percentage-point interest rate hike on the table when the Federal Reserve meets at the end of March. In sep...
Dollar Rallies, Stocks Decline on Fed Hike Bets: Markets Wrap
(Bloomberg) — The dollar rallied and stocks dropped alongside Wall Street equity futures with expectations of steeper US rate hikes growing after comments by two Federal Reserve officials. Most ...
Gretchen Whitmer’s Middle Class Tax Hike Doesn’t Get As Much Coverage As Blue State Wealth Tax Bills, But Is More Likely To Become Law
Michigan Gov. Gretchen Whitmer delivers her State of the State address to a joint session of the … [+] House and Senate, Wednesday, Jan. 25, 2023, at the state Capitol in Lansing, Mich. (AP Phot...
A ‘cocktail’ of sticky inflation and a tight labor market boosts Bank of England rate hike bets
Andrew Bailey, Governor of the Bank of England, attends the Bank of England Monetary Policy Report Press Conference, at the Bank of England, London, Britain, February 2, 2023. Pool | Reuters LONDON —...
US Economy Keeps Charging Ahead, Adding Pressure on Fed to Hike
(Bloomberg) — The US economy showed remarkable resilience at the start of the year, highlighting robust demand that’s keeping inflation elevated and heaping pressure on the Federal Reserve to st...
Moderna CEO Bancel will testify before Senate on Covid vaccine price hike
Moderna CEO Stephane Bancel will testify before the Senate health committee in March over the company’s plans to hike the price of its Covid-19 vaccine. Sen. Bernie Sanders, chair of the health ...
Cisco Earnings Report Due Soon; Is Another Dividend Hike In The Cards?
Telecommunications giant Cisco Systems (CSCO) is an interesting stock to look at for investors. Especially those seeking a reasonable dividend while lowering volatility and seeking capital preservatio...
Crypto Exchange Binance Withdraws Tron Network Withdrawal Fees Hike
11 seconds ago | 2 mins read Exchange News Earlier, the Tron DAO voted to change the energy pricing technique used on the network. Binance has worked with the Tron project’s development team on the so...
PepsiCo Q4 earnings beat estimates as guidance falls short; board approves 10% dividend hike
PepsiCo Inc. PEP, +1.12% said Thursday it had net income of $518 million, or 37 cents a share, in the fourth quarter, down from $1.322 billion, or 95 cents a share, in the year-earlier period. Adjuste...
Crypto Market Falls As Fed’s Williams Support 5-5.25% Rate Hike
The broader crypto market losses earlier gains as U.S. Federal Reserve Bank of New York President John Williams agreed that Fed officials forecast rates in a range between 5 and 5.25% for the year 202...
Cardano whale activity reaches 9-month high; ADA price hike imminent?
The bullish wave on the cryptocurrency market, which started at the year’s turn, has subsided for the most part, but the increased activity of Cardano (ADA)’s largest holders in recent days has provid...
BP Adds to Big Oil Cash Gusher With Dividend Hike, Buybacks
(Bloomberg) — BP Plc hiked its dividend and extended share buybacks after posting a record profit of $27.65 billion for 2022, joining its fellow supermajors by reaping the rewards of soaring oil...
The Impact of Fed’s Interest Rate Hike on Cryptocurrencies
The Fed’s 0.25% interest rate hike noted a modest growth in the cryptocurrencies. Meanwhile, in January the Federal bank regulatory highlights key risks for banking organizations associated with crypt...
Markets Fall as Huge Job Gains Fuel Rate Hike Worries
Key Takeaways The Nasdaq led major U.S. equities indexes lower on Friday, Feb. 3. An upside surprise in the jobs report raised concerns that the Fed would remain aggressive in its fight against inflat...
Coinbase Stock Surged Over 24% Following Fed Interest Rate Hike
13 seconds ago | 2 mins read Exchange News Coinbase Shares surged by over 24% in just one day. Federal judge dismissed a class-action lawsuit against the crypto exchange. Today the U.S based cryptocur...
Ordinals Protocol Results in Massive Hike in Transaction Fees
The recently launched Ordinals Protocol allows users to upload NFT files to the Bitcoin mainnet. Users started posting huge files that occupied larger space on the blockchain. The huge data size of th...
ECB Rates Interest Rate by 0.5% in Contrast to Fed’s 0.25% Hike
3 hours ago | 2 mins read Bitcoin News This was done because of expectations that inflation would remain high. The ECB has signaled raising interest rates by another half percentage point in March. Th...
Expert is optimistic on crypto after the Fed rate hike, markets turn green
The U.S. Federal Reserve (Fed) chair Jerome Powell announced yet another rate hike to bring inflation down to the 2% mark. This is the eighth consecutive time in less than a year that the Fed has incr...
CNY Rallies As Central Banks Hike Interest Rates
China Last Night KraneShares Key News Asian equity markets were broadly higher as Taiwan and South Korea outperformed. Central banks, including the Hong Kong Monetary Authority, the European Central B...
The Fed made the expected 25bps hike, both gold and Bitcoin surged on the news – highest correlation in 6 months
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Opinion: Bernie Sanders and Elizabeth Warren’s bold tax hike to shore up Social Security
Elizabeth Warren and Bernie Sanders want to shore up Social Security by raising the top rate of income tax by a third, and the top rate of capital-gains tax by more than a half. The Democratic senator...