The post Ethereum (ETH) Shows A Lower Issuance Rate Post Merge appeared first on Coinpedia Fintech News As promised with the Merge, Ethereum (ETH) is doing well with its claims of greater inflation re...
Tag: Rate
Tezro Users Can Now Swap USTC For TezroST Via Android At $1 Exchange Rate
Tezro has announced that USTC token holders can now exchange USTC for TezroST, which is Tezro’s official shopping token backed by Tether (USDT). The exchange rate will be $1 per USTC token, and it is...
US home prices fall for first time in a decade as rate hikes burden the economy
Demand destruction started to creep up after the Federal Reserve (Fed) aggressively raised interest rates. For the first time in almost ten years, this demand destruction is becoming evident in the re...
Home prices cooled at the fastest rate in index history
A ‘for sale’ sign is displayed outside a single family home on September 22, 2022 in Los Angeles, California. Allison Dinner | Getty Images U.S. home prices cooled in July at the fastest r...
Shiba Inu’s burn rate is >1000% but SHIB is under $0.001- Here’s why
Two-thirds, that’s how much of the value of Shiba Inu disappeared so far in 2022. Even the biggest fans of the meme coin aren’t woofing it up much these days. However, there’s at least one reason for ...
Painful signs emerge that Fed is moving too far, too fast with aggressive rate increases
Fed Chair Jerome Powell, testifying before Congress in March: Is he too hawkish about inflation? (Kent Nishimura/Los Angeles Times) We have a term for the intentional infliction of pain on others: cru...
Institutional Investors Short Selling Bitcoin (BTC) at Highest Rate on Record: CoinShares
A leading digital assets manager says large, institutional investors are short-selling king crypto Bitcoin (BTC) at record rates. In the latest Digital Asset Fund Flows Weekly Report, CoinShares finds...
Bitcoin and ether sink lower, Fed fights inflation with new rate hike: This week in markets
Bitcoin and ether were both down over the past week after another volatile week of trading in which macroeconomic sentiment continues to guide prices. Bitcoin was down 5.75% at $18,949 over the past w...
British Pound Taps All-Time Low Against US Dollar Following BOE’s 50bps Rate Hike – Bitcoin News
The world’s oldest fiat currency, the British pound sterling, slid to an all-time low against the U.S. dollar at a little after 1 a.m. (ET) Monday morning. At the time, the pound tapped 1.0327 nominal...
Steve Forbes: Strong currencies can help control inflation, not interest rate hikes
Forbes Media Chair Steve Forbes has warned that governments and central banks have ignored the significance of having stable currencies by emphasizing interest rate hikes to curb inflation. On Monday,...
New Binance Terra Classic (LUNC) Tax Burn Approach May Result in Burns More Than 1.2% Proposed Rate
– Advertisement – Binance is taking a different Terra Classic (LUNC) off-chain burn approach, but data indicates the exchange might burn over 1.2% on transactions. The Terra community ha...
Bitcoin mining hash rate reaches a record as shift to renewables accelerates
With Bitcoin’s (BTC) price struggling below $20,000, the asset’s mining activity appears to be thriving, with competition among miners continuing to grow. Consequently, this scenario has resulted in t...
The pound-dollar rate hits all-time low
The Great British pound sterling has fallen to the lowest level ever against the United States dollar. In a flurry of overnight trading activity, the pound reached lows of 1 pound = $1.04. It lost 5% ...
Shiba Inu Burn Rate Reaches Triple Digits, Here’s How Much SHIB Was Burned
Gamza Khanzadaev SHIB burn rate jumps to triple-digit values following recent price rally On the last day of last week, Shiba Inu’s burn rate reached triple digits and stood at 1,031% at one mom...
Is the Worst Behind Bitcoin? Glassnode Co-Founders Look at State of BTC After Another Fed Rate Hike
The creators of one of the top on-chain analytics firms in the crypto space are weighing in on Bitcoin (BTC) after the Federal Reserve issued another interest rate hike. In Glassnode’s latest newslett...
Dow Jones, the S&P 500, and Nasdaq forecast after another 75bp rate hike
Wall Street’s three main indexes remain under pressure after the U.S. Federal Reserve decided to lift interest rates by 0.75 basis points on Wednesday and signaled that rates might go even higher than...
Crypto Stocks You Can Buy At The Best Rate— Shiba Inu, Ripple, and Moshnake
In a world where the value of fiat currencies fluctuates frequently, political and economic unrest can lead to instability. Cryptocurrencies are digital stores of value that can be easily transferred ...
What The Fed’s Rate Hike Will Mean For Holiday Shopping
Walmart announced that it will offer thousands more Rollbacks this holiday shopping period on the … [+] hottest categories including toys, home, electronics and beauty. (Photo by Sarah Silbiger/...
Gap Between Ethiopian Currency’s Official and Parallel Market Exchange Rate Grows to New Record – Africa Bitcoin News
The Ethiopian birr currency’s parallel exchange rate against the U.S. dollar recently dropped to a low of 92 birrs per dollar, a report has said. The report added that following this latest plunge, th...
Gold Flirts With Bear Market After Rate Hikes Batter Bullion
(Bloomberg) — Gold sank to the lowest level since the early days of the pandemic, caught up in a broad selloff after a slew of central banks followed the Federal Reserve in raising interest rate...
Experts say that Crypto Prices will Nuke if the 100 bps Rate is Announced FOMC Meeting
Join Our Telegram channel to stay up to date on breaking news coverage The rise of inflation has all the eyes on one FOMC meeting. People who have grown to expect this financial crisis expect the inte...
Peter Boockvar: Fed needs to slow pace of interest rate hike
Bleakley Advisory Group’s CIO Peter Boockvar told CNBC’s “Squawk Box” on Friday that the Fed should slow down on interest hikes. Peter termed the Fed’s moves aggressive, followed by various central ba...
Spooked Traders Just Piled Into Stock Protection at Record Rate
(Bloomberg) — Options traders spooked by turmoil across Wall Street snapped up protection against further losses in stocks at the fastest pace on record. Most Read from Bloomberg More than 33 mi...
Turkey Shocks With Another Rate Cut Despite Raging Inflation
(Bloomberg) — Turkey’s central bank delivered another shock cut to interest rates, despite inflation running at a 24-year high and with the lira trading at a record low. Most Read from Bloomberg...
Ravencoin (RVN) Down 36% As Fed Announces 75 bps Rate Hike
Join Our Telegram channel to stay up to date on breaking news coverage Ravencoin (RVN) is down 36% amid a stronger dollar on the back of the US interest rate hike. Ravencoin pricing has been strongly ...
Pro says buy Bank of America stock after Fed signalled 4.6% terminal rate
Shares of the Bank of America Corp (NYSE: BAC) ended a bit above their year-to-date low but Gina Sanchez (Lido Advisors) remains convinced the stock will eventually benefit from higher rates. Bank of ...
Cruise lines’ stocks fall after Fed rate hike raises concerns about debt, recession
People come out to watch the new Carnival Cruise Line ship Mardi Gras as it departs on its maiden voyage, a seven-day cruise to the Caribbean from Port Canaveral, Florida on July 31, 2021. Paul Hennes...
S&P 500 Not Enough? 10 Super-Low-Risk Ways To Profit From Fed Rate Hikes
Interest rate hikes terrify most S&P 500 investors. And for good reason. But ETFs offer a low-risk way to actually make money on them. X The 10 largest ultra-short-term bond ETFs, including iShare...
UK should lower crypto tax rate to encourage growth – MP Matt Hancock
Matt Hancock, former Secretary of State for Digital, culture, music, and sport, said the U.K. must take a long-term approach and lower crypto taxes to allow digital innovation to grow. “HMRC has taken...
S&P 500 forecast after another 75bp rate hike
On Wednesday, the Federal Reserve (Fed) delivered another 75bp rate hike – the third one in a row. Moreover, the dots plot showed a hawkish picture, as the FOMC members project more rate hikes ahead. ...