Topline The stock market moved higher on Monday, extending recent gains ahead of a key inflation report this week, with investors hoping for more signs that high consumer prices have peaked as the Fed...
Tag: Rate
SHIB Burn Rate Spikes 889%, While Amazon Burner Removes Almost 3 Billion SHIB in Total
Yuri Molchan Shib burn rate has increased tremendously in past 24 hours after poor weekly burn statistics Contents SHIB burn rate soars nearly 889% Amazon burner removes 3 billion SHIB The website of ...
With rate hikes, Fed creates deflation risk
While the Fed Chairman seems to hint that the policy of rate hikes will continue, many warn about deflation risks in the US. Fed Chairman generates deflation risk The Fed seems intent on not backing o...
Bitcoin Hash Rate Hits All-Time High, Next Bitcoin Halving Projected for Q4 2023
Bitcoin’s hash rate has hit a new all-time high of 281.79 million. The next BTC halving is now projected to take place as early as Q4 2023. The date for the next bitcoin halving has been pulled forwar...
Tesla CEO Elon Musk Warns a Major Fed Rate Hike Risks Deflation – Economics Bitcoin News
Tesla CEO Elon Musk has warned that a major rate hike by the Federal Reserve risks deflation in the U.S. economy. Musk’s warning followed an analysis by Ark Invest CEO Cathie Wood, who cautioned that ...
U.S. stocks suffer largest weekly outflows in 11 weeks as investors brace for possible jumbo Fed rate hike
Investors withdrew billions of dollars out of U.S. equities funds over the past week as central bankers’ hawkish messaging fueled fears of deeper economic downturn. U.S. stock funds recorded the bigg...
SHIB Burn Rate 258% Up, Here’s How Many SHIB Gets Burned
Yuri Molchan Major SHIB burn tracker says that the burn rate has surged dramatically today; anonymous whale has sold 368 billion SHIB Contents Burn rate spikes by 260% Mysterious whale sells 368 billi...
Can you avoid that 6% mortgage rate? Here’s what pros think will happen next with mortgage rates
What might mortgage rates look like this month? Getty Images This past week, average 30-year mortgage rates crossed the 6% mark — though many borrowers can still snag lower lower rates than that — aft...
Wall Street, Fed officials warm to idea of third-straight 0.75% interest rate hike
A series of Wall Street banks lifted expectations this week for the Federal Reserve’s next move. Economists at Bank of America, Goldman Sachs, and Nomura now project policymakers will deliver a ...
Kulfi Finance Introduces a Fixed Rate Lending Protocol on Cardano, Launches Governance Token – crypto.news
Kulfi Finance a decentralized lending and borrowing protocol, announced its platform launch on the Cardano blockchain. Upon launch, Kulfi V1 will facilitate a fixed rate / term lending and borrowing p...
Shiba Inu Increased the Burning Rate of Its Native Token in September
On 31st August, around 455,699 tokens were burned in just 24 hours. In August, the native token of Shiba Inu(SHIB) faced major burning initiatives as the need continued to flood in. From metaver...
Kulfi Finance Debuts Governance Token and Launches a Fixed Rate Lending Protocol on Cardano
Advertisement     Decentralized lending technology Kulfi Finance launched on Cardano blockchain. Kulfi V1 will enable fixed-rate/term lending and borrowing on Cardano....
Fed’s Waller sees ‘significant’ rate hike this month, backs data-dependent approach
Federal Reserve Governor Christopher Waller on Friday echoed recent sentiments from his colleagues, saying he expects a big interest rate increase later this month. He also said policymakers should st...
Dow Jumps Over 300 Points As Investors Shake Off Rising Fears About More Fed Rate Hikes
Topline The stock market surged higher on Friday, with stocks on pace to snap a three-week losing streak as investors shook off Federal Reserve Chair Jerome Powell’s recent comments about more interes...
Fed’s Brainard sees further rate hikes, restrictive policy for ‘some time’
Federal Reserve Vice Chair Lael Brainard said Wednesday that while a small drop in inflation is welcome, the Fed will still need to raise interest rates further and for as long as it takes to bring do...
European Central Bank makes the largest-ever rate hike to tackle inflation
Despite fears of a potential recession in the eurozone caused by rising energy prices, the European Central Bank (ECB), on September 8, raised interest rates by a record 75 basis points to tackle the ...
Why the ECB’s jumbo rate hike isn’t helping the beaten-down euro
The European Central Bank went big on Thursday, delivering a historically outsize 75 basis-point interest rate increase in its effort to get a grip on record inflation. Yet the euro, after a brief bou...
Canada just hiked its key rate by a supersized 0.75% — here’s what the move could mean for US consumers
‘The clock is ticking’: Canada just hiked its key rate by a supersized 0.75% — here’s what the move could mean for US consumers Two weeks out from his next interest rate announcement, Federal Re...
Federal Reserve Hawkish on Hiking Interest Rate
One more installment of interest rates hike is assumed to be around the corner. The rumors and skepticism emerged after several slight indications. On Wednesday, September 7th, 2022, Vice Chair Lael B...
ECB Rate Hike Means Recession Looms, Oil Bull Running On Fumes
ECB raises its main overnight lending rate to 1.25% from 0.5% on Thursday. It has a long way to go … [+] if it wants to fight 8.9% inflation in Western Europe. (Photo by Hannelore Foerster/Getty...
Institutional Investors Short Selling Bitcoin (BTC) Reaches Highest Rate of the Year: CoinShares
Crypto asset manager CoinShares says that institutional short-selling of Bitcoin (BTC) hits its highest in 2022. In its latest Digital Asset Fund Flows Weekly report, CoinShares says that inflows to s...
Kulfi Finance : A fixed rate lending and borrowing DeFi market on Cardano
Today, DeFi can only serve a small segment of the Lending & Borrowing market in Crypto because interest rates are currently too volatile, providing no certainty to both borrowers and lenders. Kulf...
ECB Hikes Interest Rate 75 Basis Points as Inflation Hits
As such, the ECB’s latest move demonstrates that global liquidity tightening is in full swing, which weakens the case for bullish revival in risk assets, including cryptocurrencies. Later this m...
Bitcoin holds steady as ECB implements 75 bps rate hike
Crypto market leader Bitcoin continued trading flat after the European Central Bank (ECB) announced a 75 basis point hike on Thursday. Source: BTCUSDT on TradingView.com At the end of August, Eurozone...
Ahead of Vasil, Cardano Welcomes Its First Fixed Rate Lending protocol
Kulfi Finance is the first Cardano fixed-rate money market. At launch, vaults will be dedicated to stable-asset and pegged-asset pairs, with additional vaults added in the future. Louis Ryman, Chief ...
Is the DAX index a safe buy after the ECB jumbo rate hike?
The DAX index pulled back on Thursday after the latest interest rate decision by the European Central Bank (ECB). It retreated to a low of €12,825, which was about 8.15% below the highest point in Aug...
Watch Christine Lagarde speak after the ECB announces rate hike
[The stream is slated to start at 08:30 ET. Please refresh the page if you do not see a player above at that time.] European Central Bank President Christine Lagarde is giving a press conference after...
Ethereum Classic’s Hash Rate is up by 24%
ETC Price at the time of writing – $40.62 ETC is the native token of the Ethereum Classic network It has a hash rate of 48.82 terra hashes per second Ethereum Classic (ETC), a hard fork of Ether...
Euro-dollar exchange rate yields steep discount for Americans
Mathieu Young/Getty Images Americans traveling to Europe can do so a bit more cheaply these days than in recent years. The U.S. dollar is trading at its highest level in roughly two decades relative t...
Ethereum Classic Sets Another High Hash Rate Score as Merge Nears – crypto.news
As the Ethereum community braces itself for the upcoming Merge Upgrade, the Ethereum Classic has scored another high point. As per The Block, the network has clocked its all-time high of 45 terahashes...
Nigerian Presidential Candidate Says Fixed Exchange Rate Regime ‘Has to End’ — Touts Success of Fintech Unicorn Flutterwave – Featured Bitcoin News
A Nigerian presidential election candidate, Peter Obi, has said the local currency’s exchange rate against the dollar must not be fixed but must be determined “by the forces of demand and supply.” Poi...
Gold falls 0.6% after Fed Chair comments and ECB’s 75 bps rate hike
Gold price was struggling to hold above $1,717 an ounce on Thursday afternoon following a dip from intraday highs above $1,728 to lows of $1,711 an ounce, this as a soaring US dollar and US Treasury y...