Crypto green days: Major cryptocurrencies are forming topping patterns while the FOMC interest rate hike is just around the corner. The total crypto market cap and Bitcoin are forming potential toppin...
Tag: Rate
ETH Above $1,600 as Markets Begin to Anticipate Fed Rate Decision – Coinotizia
Ethereum was trading above $1,600 on Monday, as markets prepared for the latest U.S. Federal Reserve policy meeting. The Fed is expected to hike rates by 75 basis points this week, as inflation remain...
AUD/USD forecast ahead of the RBA rate decision
The AUD/USD price pulled back slightly ahead of the upcoming interest rate decision by the Reserve Bank of Australia (RBA). It slipped to a low of 0.6385, which was about 2% below the highest point la...
ETH Above $1,600 as Markets Begin to Anticipate Fed Rate Decision – Market Updates Bitcoin News
Ethereum was trading above $1,600 on Monday, as markets prepared for the latest U.S. Federal Reserve policy meeting. The Fed is expected to hike rates by 75 basis points this week, as inflation remain...
SHIB Burn Rate Spikes 1,720% After Shiba Inu Price Cools Down
Gamza Khanzadaev Shiba Inu burning shows multi-directional performance during SHIB’s wild price rise The recent rise in SHIB quotations has triggered changes to the cryptocurrency’s burn r...
Mortgage Rate Moves Are Independent And Can Turn Quickly
Unlike a security investment, real life is tied to a home purchase getty The fast 4% mortgage rate climb to 7% has sparked worries about the housing market. However, the residential real estate market...
SHIB Burn Rate Climbs by 443% As Price Reaches Six-week High
Per the Shibburn website, the burn rate of Shiba Inu has increased by 443%. However, only 14,089,818 SHIB have been burned in the last 24 hours. Shiba Inu (SHIB) continued its journey upward, reaching...
Robert Kiyosaki Warns Stocks, Bonds, Real Estate Will Crash as Fed Continues Rate Hikes — Advises Buy Bitcoin Before Fed Pivot – Economics Bitcoin News
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that stock, bond, and real estate markets will crash as the Federal Reserve continues to raise interest rates....
Ethereum outperforms Bitcoin 2X in Compound Annual Growth Rate over past 4 years
Data on the four-year Compound Annual Growth Rate for Ethereum and Bitcoin from the on-chain analytics platform Glassnode shows that ETH has outperformed Bitcoin since October 2019. The data is availa...
Egyptian Currency Plunges 15% After Cairo Accedes to Key IMF Exchange Rate Condition – Emerging Markets Bitcoin News
After authorities in Egypt announced the adoption of a more flexible exchange rate regime, the pound exchange rate versus the U.S dollar plunged to 23.09:1, a new low for the currency. Cairo’s apparen...
Another jumbo Fed rate hike is expected next week — and then life gets difficult for Powell
First the easy part. Economists widely expect Federal Reserve monetary-policy makers to approve a fourth straight jumbo interest-rate rise at its meeting next week. A hike of three-quarters of a perce...
Consumer Prices Rose Even Faster Last Month—Here’s What That Means For The Next Interest Rate Hikes
Topline A key inflation reading on Friday showed the prices consumers are paying for goods and services rose more quickly in September than one month prior—effectively bolstering the Federal Reserve&#...
Federal Reserve Chairman Jerome Powell Faces Political Pressure Over Interest Rate Hikes – Economics Bitcoin News
U.S. Senator Sherrod Brown has asked Fed Chair Jerome Powell not to forget the Federal Reserve’s “dual mandate” when making decisions about hiking interest rates at the next Federal Open Market Commit...
A deep-dive into Bitcoin hash rate, reasons behind increase, and whether it will rise again
This has been the year of mining difficulty and hash rate, as they kept increasing to record new all-time highs (ATH) despite the declining trend in Bitcoin (BTC) price, according to data analyzed by ...
Bitcoin, Ethereum Prices Soar Amid ECB Rate Hike And US GDP Report
On Thursday, the European Central Bank (ECB) raised interest rates by another 75 bps. The ECB expects to raise interest rates further to hit the medium-term inflation target of 2%. Volatility increase...
ECB Raises Benchmark Rate by 75bps and Tones Down Long-Term Refinancing Operations – Economics Bitcoin News
On Thursday, the European Central Bank (ECB) announced the central bank’s third consecutive benchmark bank rate increase this year, raising the rate by 75 basis points (bps). In addition to the rate h...
Last Chance to Lock in the Sky-High Rate on I Bonds Before It Falls Back to Earth in November
Sky-High Rate on I Bonds Falling Back to Earth in November Investors have until the end of the month to lock in a nearly 10% interest rate on U.S. Treasury Series I savings bonds before the current re...
How To Borrow At 0% Interest Rate?
– Advertisement – Welcome, DeFi enthusiasts! And let’s dive directly into it. What’s the best thing about the Radar Borrow feature, you ask? Well, it couldn’t be easier; it allows you to t...
Sub-$20K Bitcoin price puts BTC miner profits under pressure as hash rate soars
October witnessed a surge in Bitcoin’s hash rate, which is pushing the metric to a new high of 245 exahashes per second. These changes led to a sharp decrease in the hashprice, resulting in a drop in ...
Public Bitcoin miners’ hash rate is booming — But is it actually bearish for BTC price?
The share of the Bitcoin (BTC) network controlled by publicly held mining companies could grow to 40% by mid-2023, according to a new report by Hashrate Index. But this could bring more stress to an a...
Turkish Lira and Inflation Stabilizes Despite Interest Rate Cuts, Why? – Trustnodes
The Turkish Lira crashed from 8 in September 2021 to 18 TRY per dollar. A dive to 10 made it bounce to 14, and since then it has gradually fallen but has recently become somewhat stable at 18.5. Infla...
US Central Bank Loses Billions From Rate Hikes, ‘Losses Pile up Into an IOU’ – Economics Bitcoin News
While the U.S. Federal Reserve ramped up the benchmark bank rate with a barrage of rate hikes, U.S. Treasury markets and global bond markets, in general, have seen one of the worst selloffs in over a ...
Apple to allow in-app purchase of NFTs, subject to 30% tax rate
Tech giant Apple has announced guidelines to direct how developers create and facilitate in-app purchases of non-fungible tokens (NFTs) on their iOS apps. In the updated App Store review guidelines, A...
Interest Rate Protocol Voltz Launches On-chain Communications Tool
Community members will be able to earn soulbound tokens through participating in on-chain activity Roughly 15,000 community members are active on Voltz’s Discord platform, according to Simon Jones, Vo...
I Bonds Are Selling Like Crazy. Buy Now Before the Record 9.6% Rate Drops.
Text size Orders for I Bonds must be placed through the TreasuryDirect website. Dreamstime Hurry or you’ll miss out on one of the best deals in the bond market. The rate on the Treasury’s popular seri...
Shiba Inu Burn Rate Has Just Spiked By An Impressive 1,860%
Shiba Inu, a cryptocurrency that is a spin-off of dog-themed crypto Dogecoin, is counting on massive token burning rates to stop its decline. Over the last 24 hours, over 45 million SHIB Tokens were b...
Bank of Canada to keep hiking rate despite recession risks
One of the central banks reporting their monetary policy decisions this week is the Bank of Canada. On Wednesday, the central bank is widely expected to increase the interest rate by another 75bp to 4...
SHIB Burn Rate Suddenly Jumps 1,494%, Here’s Likely Explanation
Yuri Molchan Burn rate of Shiba Inu has accelerated tremendously, adding nearly 1,500% Per data provided by the Shibburn website, which tracks all SHIB burn transactions, the burn rate of this meme co...
Shiba Inu Burn Rate Up 1493% For Last 24 Hours, While Only 147M Shib Burnt Past Week
– Advertisement – Over 147.59 Million Shiba Inu (SHIB) burned within the past week, 45.16 Million in the past 24 Hours, and 37.84 Million in one significant transaction. SHIB burn rate d...
Bitcoin Remains Muted Amidst FED Rate Hike Rumors ⋆ ZyCrypto
Advertisement     Despite seemingly enjoying the air above $19,000, Bitcoin’s price hasn’t moved much as the stuttering global economy continues to spook investors. S...
Analysts Say an Onslaught of Fed Rate Hikes Could Spur a ‘Bond Market Flash Crash’ or ‘Blow up the Treasury’ – Economics Bitcoin News
The U.S. economy has been struggling with inflation running rampant and investors are eagerly waiting for the U.S. Federal Reserve to announce the next federal funds rate hike next month. Harris Kuppe...
What Happens When The Interest Rate Tsunami Hits Consumers?
Young man watching movie on laptop at home getty The forces bearing down on the US economy are so varied and mostly uncontrollable that it seems impossible for consumer-facing businesses to accurately...