Ethereum merge could create a risk-free rate for DeFi

Well, well, well. It finally seems like we will have our ETH Merge. September 15th is now the day that is slated for the biggest change in Ethereum’s 7-year history. Ethereum co-founder and crypto god...

Shiba Inu (SHIB) Burn Rate Tumbles Down by 40%

Arman Shirinyan Number of Shiba Inu tokens burned on market tumbles down rapidly, but there’s catch According to the data from ShibBurn portal, the burn rate of one of the biggest meme tokens on...

Latest Ghana Inflation Rate the Highest in 19 Years — Economist Recommends Installation of Currency Board – Economics Bitcoin News

Ghana’s ongoing economic woes appeared to worsen in July after data from the country’s statistical agency, Ghana Statistical Service, suggested that the inflation rate is now nearly 31.7%. The nearly ...

NZD/USD forecast as the RBNZ prepares another rate hike

The NZD/USD price pulled back on Tuesday as investors wait for the upcoming interest rate decision by the Reserve Bank of New Zealand (RBNZ). The pair dropped to a low of 0.6327, which was lower than ...

Bitcoin Dominance Rate (BTCD) Continues to Fall as ETH Increases

The Bitcoin dominance rate (BTCD) has broken down from its long-term bullish structure, while the ETH/BTC chart shows potential for upside. Between May and Dec 2021, BTCD created a triple bottom patte...

China Surprises With Rate Cut as Data Shows ‘Alarming’ Slowdown

(Bloomberg) — China’s central bank unexpectedly cut its key interest rates as it ramps up support for an economy weighed by Covid lockdowns and a deepening property downturn. Most Read from Bloo...

Inflation Rate in Spain and France Reaches Four-Decade High

The U.S might have gotten a break from the rising interest rate however everywhere else things are still the same. On the contrary, the inflation rate rose to a new high in four decades. Though both t...

Fed Minutes May Reveal Inclinations on Size of Next Rate Hike

(Bloomberg) — An account of the debate at the Federal Reserve’s July policy meeting, set to be published after two weeks of whiplash on Wall Street, will probably offer clues as to what would pu...

711 Million SHIB Burned in Last Week, Shiba Inu Burn Rate Up 824%

According to the Shibburn website, the burn rate of Shiba Inu is up significantly over the past 24 hours. More than 711 million SHIB were sent to dead wallets in the past week, adding up to the hundre...

Spain and France’s Inflation Rate Highest in Four Decades

The inflation rate may have slowed in the US, but elsewhere, it’s a different story. In fact, both France’s and Spain’s inflation rate has increased to a level not seen in almost four decades. Officia...

Vitalik Buterin Said The Date of Merge Depend on Hash Rate

The co-founder of ETH, Vitalik Buterin updates about the date of project transition. He forecasts ETH network transition date on September 15. The Research Analysis of Buterin on ETH Network The hot t...

Ethereum (ETH) Leaving Exchanges at Rapid Rate This Week, While Bitcoin Moving in the Opposition Direction

On August 12, Lucas Outumuro, head of research at analytics firm ‘IntoTheBlock’ published weekly observations about the market.  Lucas covered the last step of preparing Ethereum for the merge, its im...

Fed’s Barkin says rate increases need to continue until inflation holds at 2%

Despite positive inflation data this week, Richmond Federal Reserve President Thomas Barkin said Friday that more interest rate increases will be needed to tamp down price pressures. Releases this wee...

Fed expected to stick with hawkish interest rate hikes, strategists say

The Federal Reserve is unlikely to pivot from its hawkish interest rate hikes despite positive signs this week that inflation in the U.S. could be easing, according to market strategists. On Thursday,...

Crypto Market Reacts Positively Amid Reduced U.S Inflation Rate

3 hours ago | 2 mins read Bitcoin News Compared to June, the annual rate of inflation reduced marginally to 8.5%. Bitcoin is trading at $24,003 with a 4% increase in the last 24 hours. After a long pe...

Shiba Inu Burn Rate Spikes 250% After Massive 312 Billion SHIB Whale Purchase

Arman Shirinyan More Shiba Inu getting burned now as whales purchase more tokens The burn rate of the biggest memetoken In the industry spiked massively after the market saw a surprising increase in t...

Credit card rates hit the highest average monthly rate in 24 years, new data shows

Prices across the globe are continuing to rise at their fastest rate in more than 40 years, driven by energy and food costs. Similarly, credit card usage and credit card borrowing is increasing at an ...

Federal Reserve Governor Supports More 75bps Rate Hikes

It cited Significant Risk of High Inflation Into Next Year Inflation reached 9.1% in June Federal Reserve has a duty to bring inflation down to 2% Federal Reserve Governor Michelle Bowman says she sup...

Iris Energy doubles hash rate after reaching 50 megawatts at Mackenzie site

Bitcoin miner Iris Energy doubled its hash rate to 2.3 exahash per second (EH/s) after completing phase two of its Mackenzie site, in Canada, last Friday. The company expects to add an additional 1.4 ...

CPI Inflation Rate Is Finally Falling; The Good And Bad News For The Dow Jones

The CPI inflation rate is finally past its peak, we’re sure to find out Wednesday morning. Falling gas prices, retail discounting, the return of online deflation and a plunge in shipping costs a...

‘The real mortgage rate is a negative number.’ As inflation stubbornly sits at a 40-year high, do current mortgage rates look better than they seem?

What is the so-called ‘real mortgage rate’ and does it matter? Getty Images/iStockphoto I write about mortgage rates every week, but recently, I’ve heard some sources chattering about what’s called th...

After stimulating Canadian rigs, Australian crypto has a higher hash rate

Iris Energy, an Australian Bitcoin mining company, announced that it had enhanced its mining power to over 2.3 exahashes per sec after completing the 2nd phase of its processes in the city of Mackenzi...

Australia-based crypto miner doubles hash rate after energizing Canadian rigs

Australian Bitcoin miner Iris Energy said it had increased its hash rate to more than 2.3 exahashes per second following the completion of phase two of its operations in Mackenzie, Canada. In a Monday...

Federal Reserve Governor Supports More 75bps Rate Hikes Citing ‘Significant Risk of High Inflation Into Next Year’ – Coinotizia

Federal Reserve Governor Michelle Bowman says she supports ongoing 75 basis point interest rate hikes “until inflation is on a consistent path to significantly decline,” citing “a significant risk of ...

Federal Reserve Governor Supports More 75bps Rate Hikes Citing ‘Significant Risk of High Inflation Into Next Year’ – Economics Bitcoin News

Federal Reserve Governor Michelle Bowman says she supports ongoing 75 basis point interest rate hikes “until inflation is on a consistent path to significantly decline,” citing “a significant risk of ...

Inflation could push Fed into August rate hike

CNBC’s Jim Cramer on Monday said the Federal Reserve could raise interest rates in August, before its next scheduled meeting in September, if this week’s economic data shows that inflation...

Fed Governor Bowman sees ‘similarly sized’ rate hikes ahead after three-quarter point moves

Federal Reserve Bank Governor Michelle Bowman gives her first public remarks as a Federal policymaker at an American Bankers Association conference In San Diego, California, February 11 2019. Ann Saph...

Latest Turkey Inflation Rate of 79.6% the Highest in 24 Years — Weakening Lira and Russia-Ukraine War Blamed – Coinotizia

According to the latest data from the Turkish Statistical Institute, the country’s annual inflation rate for the month of July was 79.6%, the highest in 24 years. Rising transportation costs, food and...

Latest Turkey Inflation Rate of 79.6% the Highest in 24 Years — Weakening Lira and Russia-Ukraine War Blamed – Economics Bitcoin News

According to the latest data from the Turkish Statistical Institute, the country’s annual inflation rate for the month of July was 79.6%, the highest in 24 years. Rising transportation costs, food and...

Shiba Inu, its burn rate, and Binance factor to take note of

Shiba Inu [SHIB]  was the top beneficiary of massive whale action a few days ago as Ethereum [ETH] pumped millions of dollars into the SHIB ecosystem. This series of like-minded decisions proved that ...

DeFi Protocol Voltz Could Bring 150% Interest Rate on Ether Deposits

Through these pools, traders can take leveraged bets on a widely predicted post-Merge doubling of annualized staking yields to 8% and higher, merely by depositing the underlying asset, ETH, as margin....

Stocks Fall Despite Strong Jobs Report As Investors Fear Bigger Fed Rate Hikes

Topline The stock market fell Friday after the U.S. economy added back a better-than-expected 528,000 jobs in July, with investors now anticipating that a strong labor market will keep the Federal Res...