Tesla CEO Elon Musk was one of those who shared his sentiments on the likelihood of a recession next year. The shares of American multinational electric car manufacturer Tesla Inc (NASDAQ: TSLA) are s...
Tag: Rate
European Central Bank is in a critical phase in the inflation fight with possible rate hikes
The European Central Bank is set to embark on a critical chapter in its inflation fight, likely to usher in more divisive monetary policy moves. Interest rate hikes to be coupled with a lever for tigh...
Bitcoin breaks $17K resistance as markets expect slower rate hikes
The cryptocurrency market cap saw net inflows of $8.12 billion over the last 24 hours and currently stands at $861.02 billion — up 0.94% from $852.9 billion over the reporting period. Bitcoin and Ethe...
Bitcoin, Ethereum Jump as Fed Chair Signals Slowing Rate Hikes
Bitcoin and the wider crypto market jumped Wednesday after Federal Reserve Chair Jerome Powell said in a speech that December would likely bring smaller interest rate hikes. The biggest cryptocurrenc...
Smaller Interest Rate Hikes In December
Fed Chair Jerome Powell Speech Today: Fed Chair Jerome Powell said smaller interest rate hikes could start in December. U.S. Federal Reserve chairman Jerome Powell spoke on the economic outlook, infla...
Bitcoin Rises Briefly as Fed Chair Promises More Rate Hikes
Jerome Powell – Chairman of the Federal Reserve – recently spoke about the future of macroeconomic policy and U.S. inflation at the Brooking Institution. As is typical, Bitcoin’s price was affected by...
Bitcoin’s 1.7% inflation rate performs better than the Fed’s 2% target
The Bitcoin inflation rate fell from 50% in 2011 to 4% in 2020 prior to the halving and now stands at 1.7%, a figure way below the U.S. Federal Reserve’s monetary inflation rate target of 2%. While t...
Powell signals 0.50% increase in December, citing need to ‘moderate’ rate hikes
Federal Reserve Chair Jerome Powell set the table for a 50-basis point rate hike at the Fed’s December policy meeting, saying in a speech on Wednesday it makes sense to “moderate” ra...
Markets Spike After Fed Chair Says It ‘Makes Sense to Moderate the Pace’ of Rate Hikes, Hints Easing Could Happen in December – Market Updates Bitcoin News
Equities, precious metals, and cryptocurrencies shined on Wednesday following Federal Reserve chairman Jerome Powell’s speech at the Brookings Institution in Washington. The crypto economy increased 3...
Jerome Powell Says Federal Reserve’s Rate Hikes Could Slow As Soon As December
Topline Stocks jumped Wednesday afternoon after Federal Reserve chair Jerome Powell indicated a reprieve from the Fed’s most aggressive interest rate hikes in four decades is on the horizon as soon as...
Fed Chair Jerome Powell says smaller rate hikes could come in December
WASHINGTON – Federal Reserve Chairman Jerome Powell confirmed Wednesday that smaller interest rate increases are likely ahead even as he sees progress in the fight against inflation as largely inadequ...
Eurozone inflation drops as ECB plans rate hikes
For the first in almost one and half years, Euro-zone inflation has declined, giving the European Central Bank (ECB) some hope in the fight against record inflation. Eurostat indicated that the Novemb...
Elon Musk Says US Fed’s Interest Rate Needs to Cut Immediately
14 mins ago | 2 mins read Editors News The Fed increased its interest rates by 375 basis points this year. Elon Musk calls it the Trend is concerning. The Federal Reserve is hiking interest rates in a...
Powell Speech Preview: Markets Seek Dovish Tilt As Rate Bets Fade
Federal Reserve Chairman Jerome Powell is set to deliver a key policy speech Wednesday in Washington in what could be the last major address from a central bank official prior to its December rate-set...
Burn Rate Up 4500% As 65 Million Shiba Inu Burned In A Day
– Advertisement – Shiba Inu Community burned 64.88 Million SHIB in the past 24 hours. Shiba Inu Community has executed 13 burn transactions to permanently remove a massive 64,881,158 (64.8...
Bitcoin Hash Rate Slump Likely to Impact ASIC Prices
BTC prices are not the only thing in decline at the moment. Following recent record highs, the Bitcoin hash rate is also decreasing sharply. The Bitcoin hash rate has declined by around 14% since its ...
Fed Officials Say More Rate Hikes Coming; Williams Flags Path to Cuts
(Bloomberg) — Fed policymakers stressed on Monday that they will raise borrowing costs further to curb inflation, with one key official saying that he sees interest rates heading somewhat higher...
Bitcoin records biggest negative hash rate adjustment in a year
The Hash Ribbon, an indicator for determining miner capitulation based on when the market reaches a bottom, ended on Aug. 18 after 2 months of dwindling miner participation. The end of the period mark...
ECB Governing Council Member Klaas Knots: Interest Rate Hikes Far From Over
Klaas Knot, a member of the Governing Council of the European Central Bank, has hinted that the interest rate hikes cycle intended to combat high inflation is far from over. In order to combat soaring...
6 drivers of EUR/USD exchange rate in 2022 according to the ECB
The EUR/USD is the main currency pair of the FX dashboard, both by the volume traded and its popularity among retail traders. The exchange rate jumped almost one thousand pips in the last couple of mo...
SHIB coin gifted in millions as burn rate skyrockets 249% – crypto.news
The popular Japanese meme coin Shiba Inu (SHIB) will be gifted to newly registered users in millions as its burn rate scales 249% Japanese takes meme coin campaign to the next level Bitpoint, a licens...
Powell to Set Stage for Slowing Fed Rate Hikes Amid Hawkish Tone
(Bloomberg) — Chair Jerome Powell is expected to this week cement expectations that the Federal Reserve will slow its pace of interest-rates increases next month, while reminding Americans that ...
Bitcoin mining revenue lowest in two years, hash rate on the decline
The revenue earned by Bitcoin (BTC) miners fell to two-year lows owing to poor market performance and a heavier computational demand amid rising network difficulty. However, an ongoing downturn in the...
Binance Coin [BNB] open interest surges, funding rate declines; still…
BNB’s open interest increased as traders turned to the coin for potential profits The funding rate declined across all exchanges as BNB risked a price reversal from away from the weekly greens registe...
Find Here How Much SHIB Token Burn Rate Spikes
Amid the not-so-favorable crypto performances, Shiba Burn rate is thrilling the community. The Burn Rate of SHIB token spikes 252% on exciting ecosystem developments. According to the official website...
Ethereum Whale Accumulation Soars to Highest Rate in Two Years As ETH Bounces: Santiment
A prominent market intelligence firm finds that Ethereum (ETH) whales are gobbling up the leading smart contract platform at the highest rate seen since 2020. According to crypto analytics agency Sant...
SHIB Burn Rate Jumps 252% on Exciting Ecosystem Developments
According to the Shibburn website, the Shiba Inu burn rate was demonstrating an increase of 252% in the last 24 hours. However, only 23,735,647 SHIB were burned. Positive news has been coming in late...
Fed Minutes Offer Detail On Likely December 14 Rate Hike
Fed minutes from the November 1-2 2022 meeting, made clear the Fed’s continued focus on the risks of … [+] entrenched inflation. Photographer: Al Drago/Bloomberg © 2022 Bloomberg Finance L...
Solana OI Spikes, Funding Rate Struggles; What About SOL Price?
The Solana price action was largely battered after the collapse of FTX, which brought prices down by over 60% in just ten days. While the SOL price managed some minor gains in the last week, larger ma...
4 dividend growth stocks to buy with a 5-year dividend growth rate of 15%
One of the most popular strategies among retail investors in the stock market is buying shares in companies that pay regular (and increasing) dividends. The power of compounding attracts many investor...
USD/ZAR exchange rate forecast ahead of SARB decision
The USD/ZAR exchange rate dropped to the lowest level since September 1 as the US dollar recoiled. It dropped to a low of 17 even after worrying South African consumer inflation data. Rand has jumped ...
Gold surges to a 3-month high after Powell’s dovish rate hike comments
The bulls in the gold market have stepped on the gas in response to comments made by the Federal Reserve Chairman Jerome Powell, who took a dovish stance towards U.S. monetary policy. As a result of P...