Interest rates should go up another 150 bps this year: Bullard

The U.S. economy has already plunged into a “technical” recession but James Bullard does not expect the central bank to pivot anytime soon. Inflation will take time to return to 2.0% The President of ...

Fed’s Bullard sees more interest rate hikes ahead and no U.S. recession

St. Louis Federal Reserve President James Bullard said Wednesday that the central bank will continue raising rates until it sees compelling evidence that inflation is falling. The central bank officia...

Hedge Fund Billionaire Withdraws Interest in Radkl, Continues Crypto Investments Elsewhere

According to a representative for the cryptocurrency trading startup Radkl, hedge fund billionaire Steve Cohen has sold his interest in the venture, Bloomberg reported on Tuesday. The spokeswoman stat...

ChangeX Launches CHANGE Token on Uniswap, HydraDEX To Strong Investor Interest

DeFi project ChangeX has successfully launched its CHANGE token for trading on HydraDEX and Uniswap to strong investor interest, company officials said. The app supports several trading pairs in order...

ETH Options Open Interest Surpasses BTC’s as Bitcoin Goes Below $24K – crypto.news

According to Glassnode data, the open interest of Deribit Ethereum Options with a notional value of $5.6 billion exceeded the open interest of Bitcoin Options, which stood at about $4.3 billion, for t...

Investor interest in gaming, NFTs continued despite market downturn

Declines in monthly NFT marketplace volume continued last month as the industry entered Q3 mired in the bear market. But while retail may be down, there are signs from reports on Q2 investments that b...

Nigerian Central Bank Told to Consider Floating the Naira, Recent Interest Rate Hike Slammed – Bitcoin News

The Central Bank of Nigeria should be discontinuing the fixed exchange rate system and let the naira freely float against the major currencies, Alhaji Aminu Gwadabe, the leader of a Nigerian associati...

Japan’s central bank shelves plans for CBDC due to a lack of public interest

Despite testing the technical feasibility of the issuance of a central bank digital currency (CBDC) since 2021, and starting the second phase of the experimentation in April, Japan’s central bank has ...

Ethereum’s open interest flips Bitcoin’s for the first time ever

The ongoing Ethereum (ETH) network upgrades have pushed some analysts to speculate that the second-ranked cryptocurrency might in the future take over Bitcoin (BTC). This possibility has been partly r...

Japan’s central bank scraps CBDC plans due to lack of interest from public

The Bank of Japan (BoJ) has concluded that it is not technically feasible for the government to release a central bank digital currency (CBDC) at the moment. Cash rules everything around Japan Like ma...

DeFi Project ChangeX launches its CHANGE token on Uniswap, HydraDEX to strong investor interest

Sofia, Bulgaria, 1st August, 2022, Chainwire DeFi project ChangeX has successfully launched its CHANGE token for trading on HydraDEX and Uniswap to strong investor interest, company officials said. Th...

Filecoin surges over 80% in a week as investors’ interest returns to FIL

In tandem with the climb in the broader cryptocurrency market, Filecoin (FIL) has also experienced solid gains in the last week, making it the top gainer in the previous 7 days out of the top 100 cryp...

STEPN Kickstarts Gamers’ Interest As GMT Capitalizes On Bullish Retracement

And the game is on for STEPN as the GMT token plays in sync with other cryptocurrencies amplified for the bull run.  In the past couple of weeks, STEPN has been making upgrades on its network to rekin...

STEPN reigniting gamers’ interest as GMT, GST-SOL part ways

As several cryptocurrency projects recover after the prolonged crypto winter, STEPN’s GMT token has also taken advantage of the ongoing bullish retracement.  In the last few weeks, the play-to-earn pr...

ADA (Cardano): interest at the lowest for six months

These days, the trading and tweet volume on ADA (Cardano) is at its lowest in six months.  ADA, the native crypto on the Cardano blockchain, is back to the lows of six months ago This was revealed on ...

Bill Ackman slams carried interest ‘loophole’ as Democrats take aim at tax rule

Washington Democrats may have found an unlikely ally in their bid to end a long time tax rule enjoyed by some of Wall Street’s richest executives: hedge fund billionaire Bill Ackman. The Pershing Squa...

Bitcoin rallies after Fed interest rate hike, but bears can still win Friday’s $1.76B options expiry

Bitcoin’s (BTC) price has been stuck in a descending channel since July 20 and it is currently heading toward the $20,000 support by the end of July. Adding to this bearish price action, BTC is ...

FED Maintains 75-point Interest Hikes, Cryptos Move Up

As was expected, the FED opted for a 75-basis-point interest hike to gain control over inflation. The Federal Reserve (FED) announced it will increase interest rates by 75 basis points. The interest a...

When will the Fed stop raising interest rates? The ‘terminal rate’ may still be far off

The U.S. economy is somewhere in the middle of the Federal Reserve’s interest rate hiking saga to tame inflation, but people already want to know where the story ends. That’s what’s getting discussed ...

Heavy Bitcoin Buying In Store Among Whales Post Fed Interest Rate Hike?

In the wake of double macro announcements, Fed interest rate hike and GDP figures, cryptocurrency market hardly had any impact. After the Fed announced a 0.75% interest rate increase on Wednesday, Bit...

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...

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...

Federal Reserve Increases Interest Rates Again, This Time by 0.75%

The United States Federal Reserve has raised interest rates again to fight inflation. The 0.75% point hike takes the borrowing rate to 2.25–2.50%. The United States Federal Reserve has once again rais...

Senate Reconciliation Bill Would Close Carried Interest Loophole. What It Means for Private Equity.

Text size Sen. Joe Manchin wants to eliminate a provision giving favorable tax treatment to the private-equity industry. Alex Wong/Getty Images In a surprise, Senate Democrats reached a deal on a bill...

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...

Interest in Ether Options Rises to Record as Traders Bet on ‘Merge’

Open interest, or the number of options contracts traded but not squared off with an offsetting position stood at a new lifetime peak of near 4 million, according to data from major exchanges, includi...

Crypto market contracts as the Fed’s next interest rate decision looms

Crypto markets traded down Tuesday ahead of tomorrow’s US Federal Reserve interest rate announcement.   The Fed is widely expected to increase the US federal funds rate by 75 basis points tomorr...

These Companies Stand to Profit The Most From Interest Rate Hikes

The Fed raised rates in the U.S. multiple times in 2022, including this week’s 0.75% increase. Recent history shows that raising rates is nothing new; however, long-term analysis shows the histo...

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...

Federal Reserve Hikes US Interest Rate by 0.75 Percentage Point

“Recent indicators of spending and production have softened,” said a statement by the Federal Open Market Committee (FOMC), a group of 12 Fed officials who set the Fed’s monetary policy. &...

Federal Reserve Hikes Interest Rates with a 75-Bp Increase, Bitcoin Remains Bearish

The US Federal Reserve on Wednesday announced a 0.75 percentage point interest rate increase as part of efforts to clamp down rising inflation without creating a recession. The latest interest rate ri...