Bitcoin’s volatility has fallen below that of the Nasdaq and the S&P 500, according to crypto data provider Kaiko. Compared to equity markets, cryptocurrency markets have become less reactive to v...
Tag: Rate
Bitcoin price hits 1-week lows as Fed rate hike rumors unsettle market
Bitcoin (BTC) dipped further below $19,000 on Oct. 21 as rumors circulated over the United States Federal Reserve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Fed still on track for ma...
Bitcoin volatility lower than Dow with another Fed rate hike of 75 basis points looming
The biggest news in the cryptoverse for Oct. 21 includes the likelihood of the Federal Reserve increasing the interest rates by another 75 basis points in early November, the emergence and price surge...
Another Crypto Crash In November With Fed’s 0.75% Rate Hike?
As reports suggested that Fed could raise interest rate in November, Bitcoin showed early signs of crypto crash next month. The Fed officials are reportedly planning on another interest rate rise of 0...
Dow jumps almost 750 points as stocks end higher, bond yields fall after reports Fed may shift to smaller rate hikes after November
U.S. stocks closed sharply higher Friday as investors weighed a story from the Wall Street Journal and comments from Federal Reserve officials suggesting that the central bank might shift to smaller i...
Observers Suspect an Aggressive Fed Rate Hike Next Month, Analyst Predicts Fed Will Pivot in December – Bitcoin News
According to recent reports close to central bank officials, the U.S. Federal Reserve will likely deliver another interest rate hike by roughly 75 basis points (bps) next month. Moreover, markets are ...
Dogecoin Hash Rate Hits 7-Month High, But What Are Price Expectations?
The Dogecoin hash rate has actually seen good growth in the year 2022. At the end of 2021, it sat around 371 terahashes per second (TH/s) and by May had touched as high as 540 TH/s. There wasn’t much ...
Ben Armstrong: Fed will stop rate hikes by December 2022; BTC will cross $70k mark
BitBoy Crypto says Fed will not reverse rates till next year. BTC will cross the $70,000 mark post halving. In an interview with Michelle Makori of Kitco news, Ben Armstrong, a.k.a ‘BitBoy Crypto’ spe...
Bitcoin’s discount to hash rate highest since early 2020 — Mike McGlone
Bloomberg Intelligence senior commodity strategist Mike McGlone says Bitcoin’s (BTC) relative discount to its high hash rate in October — the largest since the first quarter of 2020 — could soon see B...
Bitcoin Vanishes From Exchanges at Fastest Rate Since March 2020
Bitcoin price has been hovering above the fragile $19,000 support for months, but trading volume seems to be rising. This is surprising as the low volatility in the crypto market does not encourage in...
Exchanges Reduce Terra Classic (LUNC) Burn Tax Rate
Exchanges Reduce Terra Classic (LUNC) Burn Tax RateTop Cryptocurrency Exchanges Support LUNC BurnOctober 20, 2022Three cryptocurrency exchanges have announced to implementation of Terra Classic’...
Fed’s Harker sees ‘lack of progress’ on inflation, expects aggressive rate hikes ahead
Philadelphia Federal Reserve President Patrick Harker on Thursday said higher interest rates have done little to keep inflation in check, so more increases will be needed. “We are going to keep ...
Terra Classic developers lower ‘burn tax’ rate in bid to revive on-chain activity
The Terra Classic blockchain contributors have reduced the so-called burn tax levied on all Terra Classic token (LUNC) transactions. \n The contributors adjusted the tax rate from 1.2% down to 0.2%, d...
America’s richest want to pay more taxes–but we won’t let them. We need a tax bracket and rate overhaul
Three years ago, Emmanuel Saez and Gabriel Zucman published The Triumph of Injustice, which outlined, in stark terms, how the progressivity of America’s tax system has completely collapsed. Their anal...
Fed Could Potentially Pause Rate Hikes Next Year, Kashkari Says
(Bloomberg) — Federal Reserve Bank of Minneapolis President Neel Kashkari said that the US central bank could potentially pause its interest-rate increases at some point next year if policymaker...
Should you buy LUNC after developers lower the burn tax rate?
The Terra Classic contributors within the blockchain have reduced the burn tax, which was applied to all Terra Classic (LUNC) transactions. Terra Classic is essentially the original Terra (LUNA/USD) c...
Terra Classic Developers Lower Burn Tax Rate To Revive Ecosystem
The Terra Classic community has passed a vote to reduce the “burn tax” as they look to revive the protocol’s on-chain activity. With the vote passed, each transaction will see a tax rate of 0.2%, adj...
Dogecoin Hash Rate Hits 7-Month High Amid Elon Musk’s Twitter Drama
Wahid Pessarlay Dogecoin network hash rate rises to 7-month high as Tesla CEO Elon Musk closes in on Twitter deal finalization The global hash rate of the Dogecoin blockchain has hit a seven-month-hig...
Dogecoin Hash Rate Hits 7-Month High
Tesla CEO Elon Musk closes in on Twitter deal finalization DOGE Price at the time of writing – $0.05894 Global hash rate of the Dogecoin blockchain is around 815 TeraHashes per second According to dat...
Bitcoin Braces for Deeper Bear Market as Fed Eyeing Another Big Rate Hike
The US Federal Reserve is considering a higher-than-expected interest rate hike next month as inflation persists, according to the New York Times. “Federal Reserve officials have coalesced aroun...
US Banks Make $100 Billion on Interest Rate Rises – Trustnodes
Rising interest rates are fattening banks profits with Bank of America seeing a jump of 24% in its net interest income to $14 billion. That’s the spread or difference between what they charge borrower...
Latest US inflation data raises questions about Fed’s interest rate hikes
Photograph: Jim Watson/AFP/Getty Images A fresh round of US inflation data released last week showed persistently high prices, raising more questions about whether the Federal Reserve’s interest rate ...
Jim Cramer says to buy Wells Fargo stock to capitalize on the Fed’s rate hikes
CNBC’s Jim Cramer on Monday advised investors to add Wells Fargo to their shopping lists. “Wells Fargo has now taken the lead as the best net interest margin play in the group, and their m...
SHIB Burn Rate Jumps 584% as Millions of SHIB Sent to Dead Wallets
Tomiwabold Olajide So far, 410,382,016,984,249 SHIB have been burnt from initial supply of 1 quadrillion Per the Shibburn website, the burn rate of Shiba Inu has increased by 584% as millions of SHIB ...
SHIB Burn Rate Adds 590% as SHIB Token Hits Major Milestone
Yuri Molchan Amount of burned Shiba Inu has surged compared to previous day, while SHIB reached a few milestones Contents SHIB burn rate soars, so does SHIB price SHIB briefly became whales’ lar...
Has The Merge Made an Impact on the Ethereum Burning Rate?
Ethereum (ETH) is by far the most known and adopted cryptocurrency, apparently after Bitcoin (BTC). Given the capability of the first smart contract enabled blockchain and use cases of its nativ...
China’s CPI Rose in September, the Fastest Growth Rate Since April 2020
The economic structure of China is badly affected because of the global pandemic. The rate of Inflation is continuously increasing in China. China consumer prices have grown at the highest rate sin...
Crypto Market Recovers Despite Higher Inflation Rate
Cryptocurrency News Live Updates and Latest News: The Global crypto market has registered a broad recovery with an increasing correlation with the traditional markets. A buy sentiment can be spotted i...
Series I bond rate expected to fall to roughly 6.48% in November
Morsa Images | E+ | Getty Images Fixed rate for I bonds will ‘most likely be zero’ I bond rates have two parts, a fixed rate, which remains the same after purchase, and a variable rate, wh...
How To Buy More Than $10,000 Of I Bonds Before The Rate Drops
The Bureau of Labor Statistics yesterday released inflation numbers for September. The Consumer Price Index for All Urban Consumers (CPI-U) rose by 0.4 percent in September on a seasonally adjusted ba...
AFKDAO’s new protocol lends autonomous interest rate
In its way and method, AFKDAO has a focussed and ambitious plan laid out in front of them in the form of creating the new age analytical and independently based protocol, which will contain within its...