China Last Night KraneShares Key News Asian markets had a decent day until the Swiss National Bank unexpectedly raised interest rates 50 basis points sending risk assets south immediately. Returns wer...
Tag: Interest
Consumer Interest in Crypto Remains Strong – Featured Bitcoin News
Bank of America’s new report explains that “despite the sharp correction in crypto valuations, consumer interest in the sector remains strong.” The report, which includes the bank’s new crypto survey,...
Fed ‘not trying to induce a recession’ with interest rate hikes
Federal Reserve Chairman Jerome Powell said Wednesday that the central bank hopes to avoid a recession after ratcheting up its pace of interest rate hikes. “We’re not trying to induce a recession now,...
What does the Fed’s interest rate hike mean for commodities prices?
In its June 14-15th meeting, the Federal Reserve hiked interest rates by 75 bps to a range of 1.5% – 1.75%. This was above Chairman Powell’s planned hike of 50 bps, and the largest increase since 1994...
Federal Reserve Interest Rates Hike by 0.75% Dampen Bitcoin Recovery Further
4 hours ago | 2 mins read Bitcoin News For the economy to go forward, Powell said that inflation has to level off. Michael Saylor has justified the company’s choice to invest in Bitcoin. With an incre...
Bitcoin Touches $21K amid Fed’s Interest Rate Hike Hitting a 28-Year High
Bitcoin (BTC) was up by 2.90% in the last 24 hours to hit $21,782 during intraday trading, with news about the Federal Reserve’s interest rate increase of 75 basis points (bps) making airwaves. The Fe...
Fed hikes interest rate by 75 basis points; Bitcoin continues to trade above $20,000
? Want to work with us? CryptoSlate is hiring for a handful of positions! The Federal Open Market Committee has raised interest rates by 75 basis points, increasing the primary credit rate to 1.75%. T...
‘Be careful what you wish for’ on interest rates, top strategist warns
As big name investors such as Bill Ackman and Jeff Gundlach clamor for the Federal Reserve to hike interest rates by 100 basis points or more, one top strategist thinks observers should really think t...
Fed interest rate announcement highlights: largest rate hike since 1994, inflation to reach 2.2% in late 2024
In its much-anticipated June meeting, the Federal Reserve raised policy rates by 75 bps, which was above the stated 50 bps hike, to the range of 1.5% – 1.75%. The Federal Open Market Committee’s (FOMC...
Fed Announces Biggest Interest Rate Hike in 28 Years; Bitcoin Gains
“Overall economic activity appears to have picked up after edging down in the first quarter,” the Fed said in Wednesday’s statement. “Job gains have been robust in recent month...
Fed hikes its benchmark interest rate by 0.75 percentage point, the biggest increase since 1994
The Federal Reserve on Wednesday launched its biggest broadside yet against inflation, raising benchmark interest rates three-quarters of a percentage point in a move that equates to the most aggressi...
Federal Reserve interest rate decision, June 2022
The Federal Reserve is expected to raise interest rates on Wednesday by 0.75%, the largest bump at a single meeting since 1994. In the face of higher-than-expected inflation and deteriorating consumer...
Sam Zell: Fed ‘should’ raise interest rates by a ‘full point’ today
The U.S. Federal Reserve should lift interest rates by a “full point” this afternoon as it’s still significantly behind the curve, says billionaire investor Sam Zell. Zell’s re...
Mortgage demand is now roughly half of what it was a year ago, as interest rates move even higher
Total mortgage application volume was 52.7% lower last week than the same week one year ago, according to the Mortgage Bankers Association’s seasonally adjusted index. Sharply rising interest ra...
More People To Show Interest In Crypto In 2022, Survey Suggests
Bank Of America conducted research in early June after the LUNA crash to determine the market sentiment towards Crypto. Surprisingly, the result showed that people are still planning to buy HODL and e...
Data Shows Bitcoin Whales Acknowledging $21K-$22K As A Level Of Interest
– Advertisement – Santiment data shows investors have a more profound interest in Bitcoin at the $21K-$22k level. Bitcoin has been on a freefall for a while, dropping from the $40k level...
German fintech Nuri’s bitcoin interest product affected by Celsius withdrawal freeze
Crypto lending platform Celsius’s withdrawal freeze has affected a bitcoin interest product offered by German fintech firm Nuri, according to a Monday announcement. Nuri, formerly known as Bitwa...
Is Fed’s Interest Rate Hike the Biggest Impediment to Bitcoin’s Bullish Outlook?
With speculations high that the Federal Reserve (Fed) will increase the interest rate by 75 basis points (bps) on June 15 to tame inflation, this might dent Bitcoin’s bullish outlook as the leading cr...
Interest Protocol Is Powering Capital-efficient Financing with Chainlink – crypto.news
Interest Protocol just came up on the DeFi scene as a capital-efficient means of financing. It has a different combination of part reserves and high collateralization. The choice of Interest Protocol ...
Institutions Embrace BTC Amid Slippage & Growing VC Interest In Crypto Sphere: Glassnode Co-Founders
The co-founders of Glassnode, a blockchain analytics firm, highlighted that institutional investors are gobbling up Bitcoin as the asset class continues to show weakness with each passing day. T...
How Much Interest Can I Earn On $200,000?
how much interest will i earn on $200 000 Investing involves a series of constant tradeoffs and careful planning, and there is no one-size-fits-all solution. Different investments will provide differe...
levels to watch with Fed interest rate decision in focus
Gold price ended the week in the green after US inflation data boosted its viability as a hedge against inflation. Even so, a strong US dollar and rising Treasury yields will likely curb its gains in ...
Terra Dev Claims He Raised Concerns Over Do Kwon Bumping Interest From 3.6% To 20%
The Wu blockchain took to Twitter, explaining that the initial interest rate of the Anchor protocol was initially 3.6% until Do Kwon rejected it. Then, the Terra founder bumped the interest rate to 20...
Gina Sanchez: ‘Mr Cooper is natural hedge against interest rate rise’
Mortgage stocks are not a common pick for investors in the rising rate environment. Still, Lido Advisors’ Gina Sanchez says Mr Cooper Group Inc (NASDAQ: COOP) is an exception here. Highlights fr...
Russian Central Bank Slashes Interest Rate To Pre Invasion Levels As Inflation Appears To Peak
Topline The Russian Central Bank on Friday revised interest rates down to 9.5%—the same as it was in February prior to Russia’s ongoing invasion of Ukraine—a sign that inflation in Russia may have pea...
‘The 30+ year bull market in interest rates is over,’
Don’t expect inflation to come down anytime soon, says Ellen Hazen, chief market strategist at F.L.Putnam. “We think that inflation has probably peaked and will be declining toward the rest of t...
Anchor dev claims he warned Do Kwon over unsustainable 20% interest rate
Anchor Protocol was originally designed to offer an interest rate of 3.6%, but this was dialed up to 20% just a week before release to attract more investors, a core developer alleged in an interview ...
Bitcoin Open Interest Falls As Price Dips Below $31,000
The bitcoin open interest over the past several weeks has been interesting to witness. Surges and dips appeared and disappeared just as quickly, usually following the price of the digital asset itself...
How Much Interest Can I Earn on $100,000?
SmartAsset: How Much Interest Can I Earn on $100,000? If you have $100,000 to invest for income, you can earn anywhere from a fraction of a percentage point to as much as nearly 10% on your money. Som...
Terra Anchor Developer Says Do Kwon Deliberately Raised Interest From 3.6% to 20% A Week Before Launch
– Advertisement – More revelations have continued to emerge about what led to the collapse of TerraUSD (UST), the stable coin linked to TerraForm Labs. According to a recent report publis...