Wall Street’s three main indexes remain under pressure after the U.S. Federal Reserve decided to lift interest rates by 0.75 basis points on Wednesday and signaled that rates might go even higher than...
Tag: Hike
ENS: Why there’s more to the story than a hike in .eth domain name registrations
According to Dune Analytics, Ethereum Name Service (ENS) has recorded a spike in registrations so far this month. Here, it’s worth pointing out that this uptick comes on the back of tremendous growth ...
What The Fed’s Rate Hike Will Mean For Holiday Shopping
Walmart announced that it will offer thousands more Rollbacks this holiday shopping period on the … [+] hottest categories including toys, home, electronics and beauty. (Photo by Sarah Silbiger/...
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...
Peter Boockvar: Fed needs to slow pace of interest rate hike
Bleakley Advisory Group’s CIO Peter Boockvar told CNBC’s “Squawk Box” on Friday that the Fed should slow down on interest hikes. Peter termed the Fed’s moves aggressive, followed by various central ba...
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 ...
Cruise lines’ stocks fall after Fed rate hike raises concerns about debt, recession
People come out to watch the new Carnival Cruise Line ship Mardi Gras as it departs on its maiden voyage, a seven-day cruise to the Caribbean from Port Canaveral, Florida on July 31, 2021. Paul Hennes...
S&P 500 forecast after another 75bp rate hike
On Wednesday, the Federal Reserve (Fed) delivered another 75bp rate hike – the third one in a row. Moreover, the dots plot showed a hawkish picture, as the FOMC members project more rate hikes ahead. ...
Fed Interest Rates Hike Spur Crypto Market Liquidations Of More Than $330 Million
The FOMC meeting held on Wednesday and its subsequent results deeply affected the state of the crypto market. Given the large swings in price during and after the meeting, liquidation volumes had quic...
Bitcoin Plunges as Fed Announces Another Big Interest Rate Hike
Alex Dovbnya Fed policymakers have expectedly announced their third consecutive 75-basis-point rate hike The U.S. Federal Reserve has enacted its third consecutive 75-basis-point hike. The price of Bi...
Bitcoin Rises After Fed Rate Hike, Crypto Daily TV 22/09/2022
In Todays Headline TV CryptoDaily News: Bitcoin Rises After Fed Rate Hike The reaction from crypto investors was largely muted as bitcoin and ethereum also dipped slightly before reversing course afte...
Fed rate hike: 3rd consecutive 75 basis points this time; cryptos matching tune
Highest rate since the 2008 financial crisis; dollar at 2-decade high Bitcoin, Ether fall, XRP rallied by over 4% More hikes likely this year Price of bitcoin fell after the Fed chair announced the 3r...
Bitcoin Stable at $19K Despite BOE’s 50 Basis Point Interest Rate Hike
Attempting to fight the raging inflation, the Bank of England raised the interest rates by 50 basis points today. BTC’s price remained stable, without any significant volatility, unlike what happened ...
Bitcoin Whales Buy $3.12 Billion In BTC In Last 24 Hours As Crypto Braced For Fed Hike
Bitcoin immediately felt the impact of Wednesday’s Federal Reserve interest rate increase and failed to gain upward traction. Other macroeconomic variables also contributed to the decline of the world...
Fed announces rate hike of 75 basis points
At 8:00 PM (CET) last night at the FOMC, Jerome Powell, the Fed Chairman, announced an interest rate increase of 75 basis points. Fed’s rate hike continues Last night’s announcement by Federal Reserve...
BTC, ETH Remain Near Multi-Month Lows Following Fed Rate Hike – Market Updates Bitcoin News
Ethereum dropped below $1,300 on Thursday, as markets continued to react to the U.S. Fed’s latest decision to raise interest rates. Following speculation of a 100-basis-point hike, the Federal Reserve...
Fed Rate Hike: Cryptos Hammered As Central Bank Pumps Interest Rates By 0.75 Points
The much-anticipated Fed rate hike is now out and, as expected, dealt a heavy blow to the broader crypto market on Wednesday. The U.S. Federal Reserve increased its policy interest rate by three-quart...
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 Price Could Take Major Hit After Fed Rate Hike
Bitcoin started another decline from the $19,500 resistance against the US Dollar. BTC is at risk of a sharp decline below the $18,500 and $18,000 levels. Bitcoin started another decline after the fed...
US Central Bank Announces 75 Basis Point Rate Hike to Combat Inflation
Following the Fed announcement on Wednesday, the US equity market corrected leading to a similar drop in crypto assets. Bitcoin dropped 2% and Ether by 6% in the last 24 hours. On Wednesday, September...
Bitcoin Reacts To 75 Basis Point Fed Rate Hike
Tony Spilotro I’m Tony Spilotro. Behind the pseudonym, I’m a global remote work leader with a decade of award-winning content experience and excellence. Here, I explore my newfound passion...
Top 10 tumble after Fed rate hike, XRP bucks trend
The total cryptocurrency market cap saw net outflows totaling $10.1 billion. As of press time, it stood at $907.37 billion, down 0.93% over the last 24 hours. Bitcoin’s market cap fell 0.71% over the ...
Bitcoin ‘nuke’ warning as Fed rate hike decision looms — Dollar index hits 20-year high
Bitcoin (BTC) underwent a weak rebound on Sept. 21, and the U.S. dollar jumped to a new yearly high as investors await Sept. 21’s Federal Open Market Committee’s interest rate decision. BT...
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 ...
Market Tumbles After Russia-Ukraine War Escalation & U.S. Interest Hike
The Federal Open Market Committee (FOMC) announced a 75 basis points (bps) rate hike on Sept. 21. The Bitcoin (BTC) price fell sharply as a result. The FOMC began a two-day meeting on Sept. 20, in ord...
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 to Hike Interest Rates Again, Prompting Negative Reaction in the Crypto Market
– Advertisement – Another interest rate hike is set to be announced today by the Federal Reserve. In a CNBC interview, Joe Maglia, the former CEO of TD Ameritrade, said that Fed chair Je...
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...
All Eyes on U.S Federal Reserve Over Interest Rate Hike
57 seconds ago | 2 mins read Bitcoin News Macro concern keeps the Bitcoin price below the $20,000 mark. Wall Street anticipates a rate rise of 75 basis points from the Federal Reserve this month. The ...
The Fed just ‘went big’ on its rate hike. Here’s who’s likely getting a financial boost from that — and ‘at levels last seen in 2009’
With rates on CDs now well above 0.60%, experts agree that sticking with a longer-term plan is the best way to get the biggest bang for your dollar. Getty Images/iStockphoto In its efforts to reign in...
Stocks plunge after rate hike, Powell comments
U.S. stocks tumbled in volatile trading Wednesday afternoon as the Federal Reserve dealt another outsized interest rate hike in its fight against stubborn inflation. The U.S. central bank lifted its b...