Crypto Weekly Roundup: Fed Hikes Interest Rates, LUNA Acquires More BTC, Solana Crashes, Investors Support Musk’s Twitter Bid, And More

It was an eventful week in crypto. Solana was once again plagued by bots that crashed the network for seven hours. On the other hand, LUNA is continuing its mission of bolstering its stablecoin reserv...

Job interest in Twitter has skyrocketed more than ever 

59% of Americans approve of the takeover Interest in job openings at the social media giant was up 263% However, clicks do not necessarily correlate to actual job applications submitted Elon Musk cast...

Fed hawks say they’re not so behind the curve combatting inflation

In the wake of the Federal Reserve policy meeting this week, stock markets have tumbled, raising howls of criticism that U.S. central bank policy will fail to bring down inflation. Read: ‘Unhinged’ ma...

US Fed hikes interest rates, Bitcoin plunges below $36K, and Argentina’s central bank says no to financial institutions offering crypto: Hodler’s Digest, May 1-7

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, pr...

With Recent Interest Rate Hike, Has the Federal Reserve ‘Lost All Control?’

On a recent episode of The Best Business Show, bitcoin investor Anthony Pompliano shared his thoughts on The Federal Reserve’s latest interest rate hike, arguing that the the agency “has lost all cont...

Elon Musk lays out Twitter hiring plans after job interest skyrockets on the back of his takeover bid

Current Twitter employees have shared concerns over potential culture changes at the company after Elon Musk moved to take it over. But by some metrics, job interest in the company has skyrocketed sin...

Cardano Faces Massive 186% Increase in Retail Interest

Arman Shirinyan Retail investors are actively investing in ADA, according to on-chain data Contents Cryptocurrency market feels relief Cardano keeps on growing fundamentally The Cardano (ADA) network ...

The Fed raised interest rates – what to do now with your retirement portfolio

Inflation is rising, the stock market is volatile and now the Federal Reserve has raised interest rates – but investors, as always, should steer clear of any major changes, financial advisers said.  T...

Crypto Accounts Liquidated following Market Crash Amid Interest Rate Hikes – crypto.news

On Thursday afternoon, the crypto market took a sharp nosedive losing nearly 9% of the whole crypto valuation. The dive caused speedy liquidation, with over 106 thousand investors liquidated in just t...

Bitcoin Bleeds as Celebrations about Interest Rate Hike Becoming Short-Lived

After hitting the $40K level as Fed’s interest rate hike made airwaves on May 4, Bitcoin (BTC) finds itself on the receiving end because it has sunk to a two-month low. The leading cryptocurrency was ...

Monero (XMR) To Protect Miners’ Interest By Introducing Tail Emission In 30 Days

The Monero community is working on some key measures to guard the interest of its miners. In this regard, Monero (XMR) shall be introducing an upgrade dubbed Tail Emission in the coming days. Tail Emi...

Interest In NFTs Dying? NFT Sales Experience A Decrease Of 92%

Late 2021 and early 2022 saw the rise of NFTs; however, now it seems like the interest along with the sales in the technology is diminishing.  NFTs have become the reason for disputes between gamers a...

Here’s What Will Cost More As Fed Raises Interest Rates

Topline The Federal Reserve on Wednesday authorized the biggest interest rate hike in 22 years as part of its effort to combat the quickest surge in prices in over 40 years, doubling down on a series ...

Despite the Fed’s big rate hike, most banks won’t pay much in interest

Jerome Powell, Federal Reserver Governor. Katie Kramer | CNBC The Federal Reserve just raised its benchmark interest rate by half a percentage point, its largest such move in more than two decades, as...

Rising interest rates mean higher borrowing costs to buy a car

Newsday Llc | Newsday | Getty Images On top of elevated prices for new and used cars, financing the purchase of one is about to get more expensive. With the Federal Reserve boosting a key interest rat...

Otherside virtual land value falls as interest recedes

Yuga Labs‘ Otherdeeds NFTs are already selling below the initial purchase price on OpenSea due to waning interest, Bloomberg News reported. After the highly anticipated minting during which Yuga Labs ...

Bitcoin Climbs to $40K Despite Fed’s Interest Rate Hike, Is Sell The Rumor Buy The News Playing Out?

Despite the Federal Reserve (Fed) increasing interest rates by half a point (0.5%), Bitcoin (BTC) soared by 6% to reach $40,002. Even though the leading cryptocurrency had retraced to $39,595 during i...

Bitcoin (BTC) Price Spikes Following Feds agreement to increase interest rates

Bitcoin (BTC) has surged, courtesy of the Feds decision to increase interest rates. The cryptocurrency soared closer to $40,000, and is still sustaining gains at press time. Asides from the big bull’s...

Fed raises interest rates by 50 basis points

The Fed, following its first interest rate hike of 25 basis points, intervened more aggressively again on Wednesday with a 50 basis point increase. The Fed and its interest rate hike plan First intere...

Federal Reserve Hikes Interest Rates by 0.5%, Biggest Increase Since 2000

The United States Federal Reserve has increased interest rates by half a percentage point. Inflation is hitting the U.S. hard, and the central bank is looking at ways to stymie its effect on the count...

Fed hikes interest rates by 50 basis points in effort to combat inflation

The United States Federal Open Market Committee (FOMC) concluded two days of meetings Wednesday with a widely anticipated announcement of an interest rate hike of 50 base points, or 0.5%. It is the se...

Fed lifts interest rates and will wind down $9 trillion bond stockpile in double-pronged attack on high U.S. inflation

“Inflation is much too high and we understand the hardship it is causing,” said Fed Chairman Jerome Powell in what he called a direct message to the American public. “We are moving expeditiously to br...

Bitcoin, Ether See ‘Brewing’ Mega Upsurge as US Makes Biggest Interest Rate Rise in 22 Years ⋆ ZyCrypto

Advertisement &nbsp &nbsp On Wednesday, the Fed raised a rare half percentage point interest rate as it races to shrink its $9 trillion asset portfolio. The move which was ann...

Fed raises interest rates by 0.50%, largest move since 2000

The Federal Reserve on Wednesday raised short-term interest rates by 0.50%, as part of an effort to tamp down the inflationary pressures weighing on Americans. The central bank suggested that it will ...

Cardano Retail Interest Soars as Traders’ Balance Spikes 190% in 30 Days: IntoTheBlock

Yuri Molchan Interest of retail traders in ADA is increasing fast as their share of ADA soars to one-third of the circulating supply Disclaimer: The opinion expressed here is not investment advice – i...

Dow Jumps 900 Points After Federal Reserve Hikes Interest Rates By Half-Percentage Point

Topline The stock market surged higher on Wednesday after the Federal Reserve raised interest rates by 0.5% in a move widely-anticipated by investors, as the central bank continues on its path of aggr...

Fed Authorizes Biggest Interest Rate Hike In 22 Years To Fight Inflation Amid ‘Violent’ Stock Sell-Off

Topline The Federal Reserve on Wednesday announced the largest interest rate hike since the turn of the century and unveiled additional details about how it will further ease monetary stimulus, escala...

focus is on Fed interest rate decision and recession concerns

Gold price has bounced off Tuesday’s low of 1,850.17 following the easing of Treasury yields and the US dollar. Nonetheless, it remains under pressure ahead of the highly anticipated Fed interest rate...

Cardano retail interest is rapidly increasing, on-chain data shows

As the price of Cardano (ADA) begins to shift to follow the generally positive cryptocurrency market sentiment after a difficult spell, the retail interest in the digital asset is growing along with i...

Crypto Market Tumbles, With FED Raising Interest Rates! Is it The Start of a Market Crash?

As the market crash has just begun, the biggest question arises, will these actions by the FED have any real-time impact on inflation? Well, the history says, if we look back to years when inflation w...

How high can the Fed hike interest rates before a recession hits? This chart suggests a low threshold.

The days when the Federal Reserve could raise its benchmark interest rate significantly above 5% without sparking a recession may be a thing of the past, according to Wells Fargo Investment Institute....

Australia’s Hiked Interest Rate Tops 0.35% for the First Time in a Decade

Australia’s apex bank, the Reserve Bank of Australia (RBA) has hiked its interest rate for the first time in more than a decade. As reported by CNBC, the Reserve Bank of Australia increased the rate b...