Gasoline prices continue to set records even as oil prices are beginning to slip back from their recent highs, leaving many drivers frustrated and perplexed. The American Automobile Association report...
Tag: Prices
As Crypto Prices Get Demolished, DeFi Providers should be Transparent and Protect Investors – crypto.news
Digital assets are on a free fall as of mid-June 2022. With price action turned upside down, confusion and fear reign. It took less than six months for most crypto assets to tank by over 80 percent. B...
XRP/USD is in the consolidation phase, as the prices remain above $0.30
Ripple price analysis shows that the bears are still in control, with prices remaining above $0.30. There was a slight correction on the 4-hour chart, but prices have failed to close above the $0.32 m...
Jake Paul Blames Joe Biden for ‘Plummeting Crypto Prices’
Serial crypto scammer Jake Paul has blamed US President Joe Biden for a laundry list of economic ills, including high inflation and plummeting crypto prices. According to Paul, who took to Twitter to...
As Gas Prices Soar, Biden’s Bended-Knee Tour Of OPEC Nations Continues
Russian President Vladimir Putin (L) shakes hands with Saudi Deputy Crown Prince Mohammed bin Salman … [+] during a meeting at the Kremlin in Moscow on May 30, 2017. / AFP PHOTO / POOL / Pavel G...
Crypto Prices Plummet – Coinbase, Crypto.com Announce Layoffs
With the ongoing crypto crunch, following the suit of Crypto.com, Coinbase Global Inc. CEO Brian Armstrong also took to Twitter to announce the 18% cut in its workforce, blaming the market turndown an...
Here’s what the Fed’s highest rate hike in 28 years means for you
What the federal funds rate means to you The federal funds rate, which is set by the central bank, is the interest rate at which banks borrow and lend to one another overnight. Although that’s n...
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...
How raising rates slows inflation
Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting on May 4, 2022 in Washington, DC. Win McNamee | Getty Images The Federal Reserve lo...
Will Bitcoin Fall to $13,800? — What an 80% Drawdown Will Look Like From Here – Markets and Prices Bitcoin News
On Monday, June 15, 2022, the price of bitcoin tapped a low not seen since mid-December 2020 as the price hit $20,080 per unit. A large number of crypto supporters are debating whether or not the drop...
Don’t Buy Cardano YET…This is where ADA prices are crashing towards
No coin was spared during the crypto-crash. In the last 24 hours, most cryptocurrencies have lost more than 3% of their value. Even stablecoins were seen struggling to keep their peg. Cardano was atte...
Wholesale prices rose 10.8% in May, near a record annual pace
Wholesale prices rose at a brisk pace in May as inflation pressures mounted on the U.S. economy, the Bureau of Labor Statistics reported Tuesday. The producer price index, a measure of the prices paid...
Here’s everything the Fed is expected to announce, including the biggest rate hike in 28 years
US Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, DC, on May 4, 2022. Jim Watson | AFP | Getty Images The Federal Reserve on Wednesday is expected to do somethin...
If It Weren’t For The Labor Shortage, Store Prices Would Go Higher Faster
It remains very time consuming to raise prices in stores. Getty Images Prices are changed constantly online. It will be a while before that happens in stores. Shoppers may be facing galloping inflatio...
Bearish trend to continue as AVAX prices fall below $15.00
Cryptocurrency prices heat map, Source: Coin360 Avalanche price analysis shows that the bear market is still in control as prices have fallen below the $15.00 mark. This is a significant decline, and...
NFT Floor Prices Sink Amid Crypto Crash, But Overall Sales On the Rise
The cryptocurrency market is down today—way down—with a 14% drop in overall value over the past 24 hours, including a 16% loss for Bitcoin and an 18% loss for Ethereum. NFT collections are also feelin...
NFT floor prices are falling along with the broader crypto market
Floor prices for non-fungible tokens (NFTs) have not been spared amid a broader crypto market downturn. Some of the most popular NFT projects have had their floor prices fall as much as 30% in the las...
BitMEX founder Arthur Hayes highlights danger of further decline in Bitcoin, Ethereum prices
? Want to work with us? CryptoSlate is hiring for a handful of positions! BitMEX co-founder Arthur Hayes said that a further dip in Bitcoin (BTC) and Ethereum (ETH) prices below their current threshol...
Stock futures rise slightly as investors brace for a big Fed rate hike
Stock futures rose slightly in overnight trading Tuesday as investors anxiously awaited the Federal Reserve’s aggressive action to tame surging inflation. Futures on the Dow Jones Industrial Ave...
Oil prices settle lower; natural-gas futures drop more than 16%
Oil futures gave up early gains to finish with a loss on Tuesday, pressured after Bloomberg reported that a U.S. senator may propose a plan to impose a federal surtax on certain oil companies in a mov...
Ethereum Whales Add $550 Mln FTX Tokens As Prices Plummet
The FTX token (FTT) has been trading under heavy pressure amid the ongoing cryptocurrency market collapse. However, some biggest of the Ethereum (ETH) whales have bought more than $550 million worth o...
NFT Floor Prices Plunging Amid Ongoing Crypto Market Pandemonium
The crypto markets has plunged by 14% over the past 24 hours, including the double whammy of Ethereum’s loss of 18% and Bitcon’s dip by 16% while NFT sales are also suffering from the crypto market cr...
IRS boosts mileage rate deductions as gas prices soar to $5 a gallon
Guy Benhamou sends a picture of gas prices to friends while pumping gas at an Exxon Mobil gas station on June 9, 2022 in Houston. Brandon Bell | Getty Images If you’re self-employed or own a sma...
Gas prices are so high they’re making governments suspicious — Quartz
Governments are slashing gasoline levies to bring prices down. So why are customers paying record prices to fuel up? In Germany and the UK, fuel companies are facing new government inquiries to determ...
‘Profit recession’ warning as markets wait for aggressive central bank moves
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, June 13, 2022. Brendan McDermid | Reuters Global stock markets diverged on Tuesday after a worldwide sell-off in the prev...
NFT Market Takes Huge Hit, Bored Ape NFT Prices Crash 25% In A Day
Just as the broader cryptocurrency market tanks under the $1 trillion mark, the non-fungible tokens (NFT) market also takes a big hit. As per the Bloomberg report, the NFT Index, tracking the performa...
Ethereum mining no longer profitable for many miners as energy prices and ETH dip cause perfect storm
? Want to work with us? CryptoSlate is hiring for a handful of positions! For the first time since 2020, Ethereum mining has become unprofitable for many miners connected to a traditional energy grid....
Bored Ape Floor Plunges Below $100K as NFT Prices Collapse
Prices and sales of non-fungible tokens (NFTs) have continued to crash as bears completely take over the broader crypto market. Popular collections such as the revered Bored Ape Yacht Club (BAYC) were...
Majority of Crypto Fund Managers Surveyed Predict Bitcoin Could Reach $100K by Year-End – Markets and Prices Bitcoin News
Major financial services firm PWC has conducted a study and found that the majority of crypto fund managers surveyed believe that the price of bitcoin would be between $75K and $100K by the end of thi...
Why there’s no relief in sight for soaring oil and gas prices
Everybody’s frustrated. If somebody could do something about it, it would be done. But oil and gasoline prices are on a tear that for the time being seems unstoppable. U.S. gasoline prices have hit $5...