The U.S. Federal Reserve raised the target range for the federal funds rate by 25 basis points to 4.5-4.75 percent, bringing the interest rate to a 15-year high. Wednesday’s interest rate decisi...
Tag: Interest
Bitcoin, Ethereum, and Equity Markets Drop as Fed Likely to Hike Interest Rate
With the coming of new year, financial markets around the world started showing gradual upward movements. This includes the crypto market as well, where the global crypto market capitalization crossed...
Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell – Economics Bitcoin News
The U.S. Federal Reserve raised its benchmark federal funds rate by 0.25% on Wednesday after markets priced in near 100% certainty the Federal Open Market Committee (FOMC) would codify the quarter-poi...
Market trades flat ahead of Fed’s interest rate decision
Crypto prices remained mostly flat after the market opened on Wednesday, as traders await the Federal Reserve’s interest rate decision and comments from the subsequent press conference this afternoon....
Mortgage demand fell last week, even after interest rates fell further
A “For Sale” sign outside a house in Albany, California, on Tuesday, May 31, 2022. David Paul Morris | Bloomberg | Getty Images After a stronger start to the year, mortgage demand plunged ...
Why HSBC Has A Change Of Heart And Finds New Interest In Digital Currency
The banking behemoth HSBC announced in September last year that it will not offer crypto services. Its CEO at the time, Noel Quinn, was concerned about the “sustainability” of crypto prices, and the b...
Fed’s Interest Rate Decision Crucial For Bitcoin Price!
While the crypto space eagerly waits for the results of the FOMC meeting and its impact on Cryptocurrencies, it looks like Bitcoin bulls are back on their track. Bitcoin price has once again claimed i...
The Fed Is Poised To Hike Interest Rates Again. Is It Enough To Keep Away A Recession?
(Photo by Samuel Corum/Getty Images) Getty Images Key takeaways The Fed is expected to introduce a 0.25% interest rate hike today, bringing the target up to 4.75% Inflation is already showing signs of...
America’s $31 Trillion Debt Is Getting Dangerous As Yearly Interest Crosses $500 Billion Mark
The Federal Reserve has been the primary focus of the markets following the 2020 COVID-19 market crash, as generous spending bills have resulted in a massive increase in the overall money supply. To c...
Why It Could Be Disastrous For Crypto If The Fed Raises Interest Rates By 50 BPS
The crypto and legacy markets could see a spike in volatility in a few hours. Jeremy Siegel, the Wharton School of Business Professor, told CNBC’s ‘Closing Bell: Overtime’ that “it will be a disaster”...
Bitcoin futures open interest grows ahead of FOMC meeting
Futures open interest (OI) is the total number of open futures contracts for an asset held by market participants. Open interest on futures contracts for any given asset varies daily, representing the...
Major Cryptocurrencies Sliding Amidst Fed Interest Rate Hike Announcement
The rally of major cryptocurrencies along with the broader crypto market is slowing, if not completely shutting down. After a long observation, it was seen that equity and crypto markets were in tande...
Release Date, Japanese Theme, Points Of Interest And More
Ashika Island is the first Resurgence map for Warzone 2.0. Credit: Activision Activision has revealed the new small map headed to Warzone 2.0 in Season 2. Ashika Island is the first new Resurgence map...
Federal Reserve expected to slow pace of interest rate hikes to kick off 2023
The Federal Reserve will kick off its first policy meeting of the year Tuesday, with investors expecting Wednesday’s policy statement to show interest rates rise at a slower rate for the second-...
Why tech stocks hate higher interest rates
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, January 31, 2023 Today’s newsletter...
Interest in ENS domain names remains low; the reason is quite surprising
Interest in ENS domain names remains at a minimum. The rally in ENS’ price since the year began has put many of its holders in profit. According to data from Dune Analytics, the interest in .eth doma...
Growth in Crypto Interest In This South American Country Leads To Binance Mastercard Tie-Up
Join Our Telegram channel to stay up to date on breaking news coverage Binance and Mastercard are uniting once again to present a new offering in Brazil: a Binance-branded prepaid crypto card. The mov...
What To Look For In The Fed’s February Interest Rate Announcement
Jerome Powell, chairman of the US Federal Reserve, will announce the Fed’s decision on interest … [+] rates on February 1, 2023 Photographer: Ting Shen/Bloomberg © 2022 Bloomberg Finance L...
Binance, Mastercard issuing prepaid card in Brazil as regional crypto interest grows
Crypto exchange Binance and payments provider Mastercard are teaming up once again, this time to launch a prepaid Binance card in Brazil. The card will enable Binance users with valid national i...
US gov’t $1.5T debt interest will be equal 3X Bitcoin market cap in 2023
Commentators believe that Bitcoin (BTC) bulls do not need to wait long for the United States to start printing money again. The latest analysis of U.S. macroeconomic data has led one market strategist...
Aave: V3 deployment, decline in AAVE’s Open Interest, and everything in between
Aave has launched its V3 on the Ethereum network. AAVE token is seeing a decline in Open Interest, indicating a shift toward the bearish sentiment. Following a go-ahead from its community members, le...
Chainlink: Exploring the possibility of sustained whale interest amidst bull rally
Chainlink was on the list of the top 10 purchased tokens among the 100 biggest Ethereum whales. A few metrics were bearish, but the market indicators suggested otherwise. Chainlink [LINK] continued ...
Financial Advisors See Strong Interest in Crypto — 90% Receive Inquiries About Crypto Investing, Survey Shows – Featured Bitcoin News
A new survey shows that interest in cryptocurrency remains strong among financial advisors’ clients. “Despite market performance, the most common question was: ‘Should I consider an investment in cryp...
ChatGPT success leads to sharp interest in crypto AI projects
ChatGPT, the artificial intelligence language model, has attracted millions of users in a very short amount of time. This interest in AI has now spilled over into the crypto space. Artificial Intellig...
China’s Covid wave drives up consumer interest in health insurance
Chuiyangliu hospital, pictured in January 2023 in Beijing, in the last few years finished renovations that allowed for a six-fold increase in daily patents to 5,000 a day, according to official estima...
Bitcoin futures open interest at CME reaches 20% of overall BTC futures OI
Quick Take Cryptoslate reported on Jan. 24 that the CME exchange saw 84,000 Bitcoin, or $2 billion, allocated in futures contracts in the last 24 hours. A further 2,715 BTC were allocated into futures...
Aptos surges 343% to new all-time high amid renewed interest in L1 blockchains
Aptos (APT), the layer 1 proof-of-stake blockchain developed by ex-Meta staff that supports smart contracts and decentralized applications, has been one of the biggest winners this January, with the t...
Mortgage demand jumps as interest rates drop
A For Sale sign is posted in front of a property in Monterey Park, California on August 16, 2022. Frederic J. Brown | AFP | Getty Images Mortgage interest rates fell for the third straight week, while...
Four RWA lending protocols rank among top 10 lending apps with largest collected interest
Four Real-World Asset (RWA) lending protocols ranked among the top ten Defi lending protocols that collect the largest sum of 180-day cumulative interest fees paid by users, according to crypto influe...