The crypto market’s performance for the year 2022 has largely been impacted by Federal Reserve’s interest rate hikes due to increasing inflation. While the Federal Reserve continues with its rate hike...
Tag: Rate
SHIB Burn Rate Spikes 1,017% Ahead of Official “Download Day” for SHIB Game on Oct. 6
Yuri Molchan Burn rate of Shiba Inu soared as community is preparing for “download day” of Shiba Eternity game Disclaimer: The opinion expressed here is not investment advice – it is provi...
Bitcoin’s hash rate grows 3x since China ban despite crypto winter
Despite the cryptocurrency sector still scrambling to surpass the $1 trillion market capitalization mark, the mining power of its largest asset – Bitcoin (BTC) – continues to grow and reach new highs ...
Bitcoin miner CleanSpark posts 21% hash rate growth in September
Bitcoin miner CleanSpark announced that its hash rate grew 21% in September, reaching 4.16 exahases per second (EH/s). The company has been on a tear lately despite the bear market, acquiring two faci...
Bitcoin miner profitability under threat as hash rate hits new all-time high
The Bitcoin hash rate hit a new all-time high above 245 exahashes per second on Oct. 3, but at the same time, Bitcoin (BTC) miner profitability is near the lowest levels on record. With prices in the...
Bitcoin Is Upbeat Above $20K as Investors Grow Optimistic That Steep Rate Hikes Will Soon End; Kim Kardashian and the SEC’s Publicity Grab
Ether was recently changing hands above $1,350, up more than 5% from the previous day, same time. Other major altcoins spent much of the day firmly in the green with DOGE rising more than 10% after El...
Markets Seem Hopeful the Fed Will Temper Rate Increases That Crushed Prices
● Bitcoin (BTC): $20,379 +4.2% ● Ether (ETH): $1,360 +3.0% ● CoinDesk Market Index (CMI): $989 +3.0% ● S&P 500 daily close: 3,790.93 +3.1% ● ...
To Avoid a Global Recession the Fed Should Ease Interest Rate Hikes – UN Report
Caution should not be thrown to the wind when it comes to tightening fiscal and monetary policies because this could trigger a global recession, according to a UN agency report. The Trade and Developm...
Bitcoin Hash Rate Hits New ATH Despite Current Bearish Price Trends
The increased hash rate indicates maximum security on the Bitcoin network. The Bitcoin (BTC) blockchain is arguably more secure than ever as the network mining hash rate has continued to grow and hit ...
UN Report Urges Fed to Suspend Interest Rate Hikes, Presses for ‘Public Spending’ Increases – Economics Bitcoin News
The United Nations Conference on Trade and Development (UNCTAD) has warned that the U.S. Federal Reserve’s interest rate hikes and the slew of other central banks raising rates, could pose harm to the...
Bitcoin price plummets while miner hash rate soars to all-time highs
Bitcoin miners can’t stop, won’t stop. The Bitcoin (BTC) hash rate continues to surge to new all-time highs, despite a heavy price drawdown. The Bitcoin mining hash rate peaked at 258 exahashes per s...
Crypto Miner Merkle Increases Hash Rate 9x to 3.1EH/s in 8 Months
Bitcoin miner Merkle Standard has formed a joint venture with Bitmain, one of the world’s largest Bitcoin mining equipment manufacturers, to increase its total computing power, or hash rate, from abou...
United Nations (UN) Urges Fed to Halt Interest Rate Hikes
Bitcoin News At its next meeting on November 4, the Fed will determine the next interest rate hike. Fed’s rate hikes this year will have a negative impact on developing nations. The United Nations has...
Crypto in Green as Foreign Pressure on Fed to Stop Rate Hikes Mounts (Market Watch)
Yesterday’s Fed meeting didn’t result in a lot of volatility in the crypto markets, but the UN pressure on the central bank has pushed most assets north today. Bitcoin touched $20,000 minutes ago, whi...
Fed’s Williams sees steep decline in inflation ahead
Cooling global demand and steady improvements in supply should result in falling rates of inflation for goods over the next year, New York Fed President John Williams said Monday. “These factors shoul...
UN Warns Fed to Cool Rate Hikes
Key Takeaways A UN agency has urged the U.S. Federal Reserve to slow the pace at which it is raising the federal funds rate. The Fed has been authorizing steep rate hikes throughout 2022 in an effort ...
Fed Will Trigger a Global Recession if Rate Hikes Continue: United Nations
The United Nations Conference on Trade and Development (UNCTAD) released a report on Monday warning that central bank monetary and fiscal policy is putting the global economy in danger. It claimed th...
Fed Should End Tightening After One More Rate Hike, Yardeni Says
(Bloomberg) — Things are already breaking in financial markets, as signaled by a relentless rally in the dollar, and the Federal Reserve should consider stopping its tightening campaign after on...
Post Ethereum Merge New Blocks Creation Rate Surges
The average block time for Ethereum has decreased by more than 13%. Ethereum blockchain transitioned away from the power-intensive proof-of-work. It has been discovered that the Ethereum Merge update,...
SHIB Burn Rate Spikes 1,900% Up, Shiba Eternity Game Postponed
Massive SHIB burn noted that took the burn rate almost 2,000% up. The “Download Day” for Shiba Eternity game got postponed. According to the source report of Shibburn burn tracker, the Mem...
Kenyan Central Bank Raises Key Rate by 75 Basis Points – Emerging Markets Bitcoin News
The monetary policy committee of the Kenyan central bank recently revealed it increased the central bank rate by 75 basis points from 7.5% to 8.25%. Justifying its decision to act, the committee cites...
SHIB Burn Rate 1,900% Up As SHIB Army Gets Inspired by Upcoming SHIB Game “Download” Day
Yuri Molchan Number of SHIB burns has drastically risen, pushing the burn rate nearly 2,000 percent up, here’s who burnt nearly all this SHIB Contents SHIB burn rate surges 1,900% “Download day” for S...
Shiba Inu (SHIB) Burn Rate Surges, Will it Continue?
11 seconds ago | 2 mins read Altcoin News Shiba Inu (SHIB) Burn rate surged by 1867.60%. Shiba Eternity download day postponed to October 6, 2022. Following the “Shiba Eternity” collectible card game ...
Fed Rate Hikes Are Pushing Credit Market Toward Dysfunction, Bank of America Says
(Bloomberg) — The Federal Reserve needs to slow the pace of rate hikes to prevent credit market dysfunction, warned Bank of America Corp. strategists. Most Read from Bloomberg Distress, dispersi...
Future rate hikes may be good for the crypto markets as major currencies are devalued against the dollar
Investor and founder Vinny Lingham wrote a series of tweets on Sept. 29 outlining a potential short-term future whereby Bitcoin will act as a store of value for those suffering a devaluation of their ...
Bitcoin’s emission rate might surprise HODLers in this bear season
The bear market has been in effect for some time, and it may have resulted in Bitcoin reducing its emissions. The reports from the Cambridge Centre for Alternative Finance showed a decline in Bitcoin ...
Interest Rate Sensitive Utility Stocks Are Having A Bad September
residential power distribution with safety equipment per local code getty The Utilities Sector Select Sector SPDR Fund is having a tough September after the Fed began the interest rate hikes. The fund...
SHIB Burn Rate Surges 103% as Mysterious Wallets Destroy Enormous Sum in Shiba Inu
Yuri Molchan Shiba Inu community has disposed of another large amount of SHIB, pushing burn rate high Shibburn tracking service that makes its own burns from time to time has announced that over the p...
Chainlink and CF Benchmarks to Bolster Onchain Transparency via CF Bitcoin Interest Rate Curve Product – Bitcoin News
On Wednesday, the decentralized oracle network platform, Chainlink, announced the launch of a market-wide interest rate product for Web3 protocols and the decentralized finance (defi) economy, called ...
Nigerian Central Bank Hikes Key Interest Rate Just Days After Naira Plunges to New Low – Africa Bitcoin News
Following the latest meeting of the monetary policy committee, the Central Bank of Nigeria says it has hiked the monetary policy rate to 15.5%. By increasing the key interest rate by 150 basis points,...