Arman Shirinyan Shiba Inu’s burn rate plummets amid market volatility spike, here’s how it performs Shiba Inu shows an underperforming burn rate. Historically, during volatile market perio...
Tag: Rate
Labor Market Added 311,000 Jobs In February—But Unemployment Rate Unexpectedly Rose To 3.6%
Topline Amid waves of layoffs continuing to hit some of the nation’s largest employers, the unemployment rate unexpectedly ticked up last month despite the labor market gaining significantly more jobs...
U.S. Unemployment Rate Rises To 3.6%; Bitcoin Price Spikes
The United States has reportedly added 311,000 jobs during the month of February, according to the Bureau of Labor Statistics’ most recent data on nonfarm payrolls. This is relatively far more than th...
Shiba Inu Ablaze With 30,000% Burn Rate
While it may have been created only in 2020, Shiba Inu – a decentralized cryptocurrency that operates on the Ethereum blockchain – has already gained a significant following because of its catchy dog-...
Steve Forbes Says the Fed Is ‘Inflicting Unnecessary Pain’ With Interest Rate Hikes – Economics Bitcoin News
Media mogul Steve Forbes, chairman of Forbes Media, has warned that the Federal Reserve is “inflicting unnecessary pain” on the U.S. economy with its interest rate hikes after Fed Chair Jerome Powell ...
SHIB Burn Rate up Whopping 27,954%, Billions of Shiba Inu Go up in Flames
Yuri Molchan Several billion Shiba Inu removed from circulation, pushing burn rate to staggering high Contents Burn rate jumps by nearly 30,000% Shibarium to launch this week Shibburn tracker has shar...
Shiba Inu (SHIB) Burn Rate up 26,000%, Price Revival Resumes
Godfrey Benjamin Shiba Inu burn rate has shown how healthy protocol inherently is Shiba Inu (SHIB) has recorded a bullish surge in one of its core performance metrics, its burn rate. According to data...
Why do Crypto Projects have Such a High Failure Rate?
Why do Blockchain and crypto startups have high failure rates? The answer may lie in different factors beyond funding. Mario Nawfal spoke exclusively with BeInCrypto to share his thoughts. Blockchain...
Stock market could ‘take it hard’ as expectations grow for a 6% fed funds rate
U.S. stock investors are clearly not too happy with what Federal Reserve Chairman Jerome Powell has said in the past two days. And there’s reason to think they’ll get even more dissatisfied in the wee...
Fed may stutter-step at end of interest rate hiking cycle for first time since 1990
U.S. financial markets are taking a more cautious approach as they forecast future Federal Reserve interest-rate decisions after Chair Jerome Powell said policymakers will likely need to raise interes...
Fed signals a sharp rate hike in March due to inflation — Here’s how Bitcoin traders can prepare
Like it or not, for crypto investors, the U.S. Federal Reserve policy on interest rate hikes and high inflation is the single most relevant measure for gauging demand for risk assets. By increasing th...
Powell Says ‘No Decision’ Has Been Made on Speeding Up Pace of Rate Hikes
(Bloomberg) — Federal Reserve Chair Jerome Powell stressed that policymakers had not yet made up their minds on the size of their interest-rate increase later this month and said it would hinge ...
Bitcoin Belted by Rate Fears
Bitcoin fell to a three-week low Wednesday as Federal Reserve Chairman Jerome Powell’s hawkish testimony to the U.S. Senate Banking Committee on Tuesday spurred traders to price in a higher R...
Stocks Reel From Recession, Fed Rate Bets: Markets Wrap
(Bloomberg) — Global stock markets struggled on Wednesday, after comments from Federal Reserve Chair Jerome Powell boosted interest rate wagers, drove up Treasury bond yields and revived fears t...
Bitcoin (BTC) Price To Crash More Ahead of Interest Rate Hikes
The well-known cryptocurrency trader Michael van de Poppe posted his most recent technical analysis for the Bitcoin market today in the wake of remarks made by the U.S. Federal Reserve Chairman Jerome...
Dow Falls Nearly 600 Points As Fed Chair Powell Warns More Severe Rate Hikes On Deck
Topline Federal Reserve Chair Jerome Powell struck a more hawkish tune than expected during his semiannual report to Congress on Tuesday, saying the central bank will continue to up the temperature on...
Dow Falls 500 Points As Fed Chair Powell Warns More Severe Rate Hikes On Deck
Topline Federal Reserve Chair Jerome Powell struck a more hawkish tune than expected during his semiannual report to Congress on Tuesday, saying the central bank will continue to up the temperature on...
With Speculation Of A 50bps Rate Hike, Is Crypto Crash Imminent?
As a direct response to Fed Chair Powell’s speech on Tuesday, the U.S. stock market witnessed a significant decline, with key indexes including the S&P 500, Dow Jones, and Nasdaq 100 all trading i...
Crypto Market Fumbles Amid Interest Rate Hike Hints by Fed Chair
37 seconds ago | 2 mins read Bitcoin News Powell noted that the economy is in good shape overall. The chairman mentioned cryptocurrencies and the current instability in the sector. Today was the first...
Used vehicle prices rising at an unseasonably strong rate
A used car dealership is seen in Annapolis, Maryland on May 27, 2021, as many car dealerships across the country are running low on new vehicles as a computer chip shortage has caused production at ma...
Dow Falls 400 Points As Fed Chair Powell Warns More Severe Rate Hikes On Deck
Topline In a semiannual report to Congress beginning Tuesday at 10 a.m., Federal Reserve Chair Jerome Powell struck a more hawkish tune than expected, saying the central bank will continue to up the t...
Fed Chair Testifies At U.S. Hearing, Says “Can Speed Up Rate Hikes If Needed”
Federal Reserve Chair Jerome Powell attended Capitol Hill today for the first day of his semiannual testimony on monetary policy. Addressing a panel of Congressional senate lawmakers, he assured that ...
Powell Testimony: DXY breaks 105, BTC down to 22k as support, new peak rate of 5.60% in futures market
Quick Take Powell spoke before the senate on March 7 Powell: New data suggests “the ultimate level of rates is likely to be higher than previously anticipated.” “If the totality of the data were...
Bitcoin Drops Below $22K as Powell Suggests Further Interest Rate Hikes
The US Federal Reserve said it’s preparing to increase the interest rates even more if the situation requires such drastic measures, said the organization’s Chairman Jerome Powell. Bitcoin reacted wit...
Can Ethereum’s Burn Rate and NFT Surge Hold off the Bears?
On the back of soaring NFT activity, Ethereum tests $1,700. On-chain metrics show the recent ETH price downswing could dip further in March 2023. Ethereum (ETH) was lauded after EIP-1559 successfully ...
Bitcoin’s Fate Hangs In The Balance Amid Fed Rate Hikes: Are The Lows Yet To Be Reached?
The Federal Reserve increased its benchmark interest rate by a quarter of a percentage point, but there were few signs that this cycle of rate increases was coming to an end. The Federal Open Market C...
The Fed is preparing for more interest rate hikes, with an eye on the jobs report
Federal Reserve Board Chairman Jerome Powell speaks during an interview by David Rubenstein, Chairman of the Economic Club of Washington, D.C., at the Renaissance Hotel on February 7, 2023 in Washingt...
Bitcoin network reaches record-breaking hash rate while taproot adoption picks up speed
Quick Take Hash Rate A 7DMA Bitcoin hash rate has exceeded 330 TH/s, a new all-time high. In addition, only six days of 2023 have seen negative adjustments, quite the feat The next difficulty adjustme...
Stock Market: 10 Stocks Are Practically Immune To More Fed Rate Hikes
Is the Fed done jacking up interest rates or not? Angst over that question is torturing the stock market — but a handful of S&P 500 stocks are all but immune. X Turns out that 10 stocks in the S&a...
European Central Bank chief economist Lane says rate rises will continue after March
Philip Lane, the chief economist of the European Central Bank, said interest-rate rises will have to continue beyond the March meeting, when a 50 basis point rate hike is seen as almost 100% certain. ...