When the Federal Reserve started to raise its benchmark policy interest rate by super-sized 0.75 percentage points in June this year, a few Fed officials and private sector economists talked about how...
Tag: Rate
Rates on Treasury I Bonds Will Fall to 6.5% Soon. Get a Higher Rate Now.
The new rate on Treasury Series I inflation-linked savings bonds is likely to be set at 6.5% for bonds purchased starting in November, down from the current rate of 9.6%, Barron’s estimates. The new r...
XRP Ledger Just Hits 75 Million Blocks, Highlighting Growing Adoption Rate
– Advertisement – Ripple’s XRP Ledger (XRPL) has processed over 75 million blocks, indicating a rapidly surging adoption rate. Blockchain has introduced myriad benefits to the financial ...
Whales selling at the 3rd most aggressive rate in BTC history
A look at the Bitcoin transactions and accumulation among various groups using the Accumulation Trend Score (ATS) shows that this is the third most aggressive dumping by Bitcoin (BTC) whales in histor...
That Sky-High I Bond Interest Rate Will Be Coming Down to Earth
Inflation-adjusted Series I savings bonds have been the most enticing place to park your cash this year—nearly 10% interest, backed by the U.S. government, the safest investment around. In a few weeks...
Fed Acknowledges Rate Hikes Will Fuel Unemployment—But Warns Inflation Could Cause ‘Far Greater Economic Pain’
Topline Ahead of a critical inflation reading, the Federal Reserve on Wednesday indicated it would continue an aggressive interest rate hiking campaign until there was more clear evidence that inflati...
Bitcoin Discussion Rate Has Currently Touched Seven Month Low
The world’s largest cryptocurrency Bitcoin (BTC) has continued to stay under pressure and is trading close to $19,000 which remains its crucial support. The discussion rate around Bitcoin has dropped ...
Portugal Prepares to Tax Crypto Gains at Rate of 28%, Draft Budget Unveils – Taxes Bitcoin News
Authorities in Portugal intend to impose a levy on gains from short-term crypto investments with the state budget for next year. The document, which still needs the approval of Portuguese lawmakers, s...
Mortgage rate is over 7% and it’s getting harder to qualify for loan
JB Reed | Bloomberg | Getty Images It’s a double whammy for would-be homebuyers. Not only are interest rates soaring, it’s getting harder to qualify for a loan. The average rate on the pop...
Rate Hikes can excite a ‘Deflationary Bust’: CEO Ark Invest
According to the United Nations Conference on Trade and Development (UNCTAD) report the U.S. Federal Reserve must not hike rates, Ark Invest CEO Catherine Wood has issued an open letter to the U.S. ce...
Terra Classic (LUNC) Burn Rate Spike 176,084% In A Day As Total Burns Surpass 18 Billion
– Advertisement – Ongoing LUNC burns gain momentum. Binance’s involvement in the ongoing LUNC burn has continuously increased the number of Terra Luna Classic tokens destroyed. According t...
Ark Invest’s Cathie Wood Criticizes Fed Over Interest Rate Hike
2 hours ago | 2 mins read Bitcoin News One of his key goals of Fed is to reduce inflation to below two percent. She points out that the Fed has approved four straight rate rises of 75 basis points. A...
Two Fed Officials Make Case for Caution With Future Interest Rate Raises
Two Federal Reserve officials began laying out a case for exercising caution in raising interest rates after policy makers last month telegraphed plans to continue lifting rates at their fastest pace ...
Ark Invest CEO Warns Rate Hikes Could Fuel a ‘Deflationary Bust’ in Open Letter to the Fed – Bitcoin News
Following the United Nations Conference on Trade and Development (UNCTAD) report that the U.S. Federal Reserve should stop raising rates, Ark Invest CEO Catherine Wood has published an open letter to ...
This Country’s Tax Rate Has Just Gone Through the Roof
Crypto tax: The new regime would allow gains from assets held for longer than 12 months to be exempt. Lawmakers in Portugal propose a 28% tax on profits earned from crypto assets held for less than a ...
Canada’s Tiff Macklem Insists ‘Rate Increases Are Warranted,’ Canadian Columnist Says Central Bank’s Governor ‘Needs to Go’ – Coinotizia
Canadians have been dealing with rising inflation and the Bank of Canada raising the benchmark interest rate following more than two years of monetary easing tactics. On Sunday, Canadian central bank ...
Shiba Inu Makes It To The Bitmex Platform, Burn Rate Sees A 395% Rise
The popular cryptocurrency exchange, BitMex, recently announced the listing of six new cryptocurrencies on its platform. Interestingly, the Shiba Inu token, SHIB, will also be available for trading on...
Canada’s Tiff Macklem Insists ‘Rate Increases Are Warranted,’ Canadian Columnist Says Central Bank’s Governor ‘Needs to Go’ – Economics Bitcoin News
Canadians have been dealing with rising inflation and the Bank of Canada raising the benchmark interest rate following more than two years of monetary easing tactics. On Sunday, Canadian central bank ...
Bitcoin Price Outlook for October — Strong Dollar and Fed Rate Hike Gives Bears the Advantage – Market Updates Bitcoin News
Ten days into October, and ahead of this Wednesday’s U.S. inflation report, bitcoin prices fell to a one-week low. Prices of the world’s leading crypto asset were mostly in the red during September, t...
Holiday E-Commerce To Top $209 Billion, As Growth Rate Slows
U.S. consumers are expected to spend $209.7 billion in November and December, during a highly … [+] competitive holiday season, according to the Adobe holiday forecast. getty U.S. consumers are ...
‘Real Danger’ Of Global Recession Intensifies As Rate Hikes Threaten $4 Trillion In Economic Losses, World Bank Warns
Topline Ahead of a meeting between global finance heads, leaders of the World Bank and International Monetary Fund warned of a growing risk of an economic slowdown next year as central banks around th...
SHIB Burn Rate Soars 395% as 155 Million Tokens Got Removed Last Week
Yuri Molchan Amount of Shiba Inu meme tokens burned on weekly basis keeps growing smaller Contents 155 million burned, rate rises 395% Whale buys 100 billion Shiba Inu The sum of Shiba Inu that was bu...
LUNC Burning Rate Shows 100% Result Against Last Week, Here’s How Much Gone
Gamza Khanzadaev Number of LUNC burned doubles in a week, that’s how much gone total After almost two weeks since the mass burning of the infamous LUNC began, the numbers of the cryptocurrency b...
Top 3 reasons why Bitcoin hash rate continues to attain new all-time highs
Bitcoin miners continue to take advantage of the falling GPU prices to upgrade their mining equipment as they aim to remain competitive in the fierce competition. Throughout the month of October, Bitc...
Weekly MacroSlate: A fourth 75bps fed rate hike is now on the cards due to a strong U.S jobs report. What does this mean for Bitcoin?
Macro Overview Bank of Japan attempts to rescue the Yen On Sept. 22, the Bank of Japan (BOJ) became the first central bank to intervene with their currency to prevent a currency collapse through FX in...
Bear Market Deepens As Fed Official Warns Rate Hikes Will Trigger ‘Failures’ Around Global Economy
Topline The Federal Reserve’s interest rate hikes further tanked the housing and stock markets this week, but signs that the job market may not be cooling quickly enough could mean the economy h...
What’s Causing Bitcoin Energy Use and Hash Rate to Decouple?
More efficient crypto mining hardware being deployed has resulted in a slowing of Bitcoin network energy consumption, according to recent figures. Bitcoin network energy consumption has been thrown in...
Bitcoin Tumbles Hard After US Jobs Data, Probability Of 75 Bps Fed Rate Hike Jumps
Bitcoin price tumbled over 4% after the U.S. Bureau of Labor Statistics released non-farm payroll data for September. The U.S. unemployment rate fell to 3.5%, below the expected 3.7% in September. Mor...
Unemployment Rate Fell To 3.5% In September As Labor Market Added 263,000 Jobs
Topline The unemployment rate unexpectedly fell last month as the economy added another 263,000 jobs—signaling the labor market, which has remained one of the economy’s strongest pillars during the pa...
Bitcoin miners capitulation passes, but spiking hash rate keeps pressure on
On October 3, the Bitcoin hash rate soared to a new all-time high of 244.25 EH/s. Commenting on this, Binance CEO Changpeng Zhao said, “miners know something we don’t.” Two days later, the hash rate s...
Opinion: $22 billion in I-bond sales can’t be wrong. Why you may want to buy them even when their rate resets soon
I-bonds’ sky-high interest rate is poised to fall to 6.48% when they reset next month, according to industry experts. Still, that would be the third-highest level since they were sold in 1998. Though ...