A ‘for sale’ sign hangs in front of a home on June 21, 2022 in Miami, Florida. According to the National Association of Realtors, sales of existing homes dropped 3.4% to a seasonally adjus...
Tag: Rate
Crypto Adoption Rate In Kenya Highest In Africa – Here’s Why
The rate of digital currency adoption in Kenya is unlike any other country in Africa. The United Nations reports that Kenya has the highest proportion of its people holding cryptocurrencies in Africa,...
Shib Burn Rate Spikes 231% as 187 Million SHIB Sent to Dead Address
Tomiwabold Olajide Millions of SHIB have been sent to dead wallets in different transactions in recent hours Per the Shibburn website, the burn rate of Shiba Inu has considerably increased by nearly 2...
Bitcoin Falls Again Following News of Rate Hikes
Bitcoin briefly rose beyond $21,000 per unit – only to fall back to around $20,600 at the time of writing following news that the Fed was hiking rates another 75 points. Bitcoin Takes Another Dip The ...
US dominates crypto ATMs installations and BTC hash rate worldwide
Despite the myriads of state and federal regulatory hurdles faced by crypto businesses in the region, the United States plays a major role in preserving the Bitcoin (BTC) and crypto ecosystem. With Ch...
Should you buy the Canadian dollar ahead of the Bank of Canada’s rate decision?
One of the next week’s most important events for currency traders is the Bank of Canada (BOC)’s interest rate decision. The Canadian central bank has already raised the interest rates to 1.5%, becomin...
Bank of Mexico Minutes Show Board Open to More 0.75-Point Rate Increases
MEXICO CITY—Bank of Mexico governors all agreed to raise the reference interest rate by three-quarters of a percentage point last month to rein in inflation, and most are willing to consider further i...
Fed’s James Bullard Says 0.75-Point July Rate Rise Is Likely
Federal Reserve Bank of St. Louis President James Bullard said he is ready to follow the U.S. central bank’s supersize June rate rise with the same thing at the end of this month. “Our goal has been t...
Bitcoin Price Outlook for July — Traders Remain Concerned About Upcoming Fed Rate Hike and Bankrupt Crypto Firms – Market Updates Bitcoin News
During the first week of July, bitcoin prices have risen to their highest level since mid-June, coming as U.S. Non-Farm Payrolls handsomely beat expectations. However, as we head into the remaining we...
Here’s How Japan’s Low Gun Death Rate Compares To The U.S. And Other Countries
Topline Former Japanese Prime Minister Shinzo Abe’s assassination Friday is particularly shocking because it happened in a country with among the world’s most stringent gun controls and lowest deaths ...
Fed officials Waller and Bullard back another big interest rate increase in July
The Marriner S. Eccles Federal Reserve Board Building in Washington, D.C. Sarah Silbiger | Reuters The Federal Reserve is well on its way to another sharp interest rate hike in July and perhaps Septem...
As prices rise nationwide, how to calculate your own inflation rate
Skynesher | E+ | Getty Images It’s likely no surprise to hear that prices have been rising across the U.S. economy, whether at the grocery store or the gas pump. But just how much have your pers...
Ripple Test Its NFT Throughput Rate, Its Functionality Exceeds 750 TPS
Ripple Labs, an American money transfer network and blockchain company, has conducted many tests on its ledger to determine the efficiency and throughput of NFT transactions. On July 6, 2022, the San ...
S&P 500, Nasdaq book 3rd day of gains after Fed minutes point to another big rate increase this month to tackle inflation
U.S. stocks end higher Wednesday after minutes of the Federal Reserve’s June policy meeting signaled another big interest rate-hike is likely later this month despite the risk of slowing economic grow...
Federal Reserve Prepares More Big Rate Hikes Amid Risk That High Inflation Could ‘Become Entrenched’
Topline Federal Reserve officials reaffirmed their commitment to fighting inflation with big rate hikes and pledged to use “more restrictive policy” as needed, especially amid “significant risk” that ...
Shiba Inu Burn Rate Surges 155% with Over 208 Million SHIB Sent to Dead Wallet
The burn rate of Shiba Inu has considerably increased over the last 24 hours. A portion—that is 112,647,175 SHIB tokens—were destroyed and more than 15 transactions were reported by the Shibburn Twitt...
Traders Looking to Get Ahead of Fed Again Now Foresee Rate Cuts
(Bloomberg) — Signs of a rapidly deteriorating US economic outlook have spurred bond traders to pencil in a complete policy turnaround by the Federal Reserve in the coming year, with interest-ra...
Rate hike is the ‘wrong’ antidote to fix inflation: Paul Gambles
Rate hikes – globally the most popular antidote to fight inflation is “unlikely” to help lower prices this year, says Paul Gambles. He’s the Managing Partner at MBMG Group. Gam...
AUD/USD forecast: Aussie to retest 0.68 after RBA rate hike
The AUD/USD price tilted upwards on Monday as investors refocused on the upcoming interest rate decision by the Reserve Bank of Australia (RBA). The pair is trading at 0.6855, which is a few points ab...
NZD/USD Forex Technical Analysis – Some Questioning RBNZ Rate Hike Expectations
The New Zealand Dollar is edging higher on Monday on well-below average volume. Despite the rebound from near-two year lows reached last week, the currency remains at risk due to worries over a global...
Bitcoin Funding Rate Turns Deep Red, Short Squeeze Soon?
On-chain data shows Bitcoin funding rates have sunk into deep negative values, something that could pave way for a short squeeze in the market. Bitcoin All Exchanges Funding Rate Has A Red Value Right...
Bitcoin Maintains $30K Despite ECB Rate Hikes
Bitcoin has been holding steady as of late. While it may be a little too early to determine if the world’s number one digital currency by market is making its way out of the doldrums and potentially r...
Shiba Inu Burn Rate Spikes by 230% as 357 Million SHIB Sent to Dead Wallet in 24 Hours
According to the Shibburn website, the burn rate of Shiba Inu has significantly increased over the past 24 hours. The Shibburn Twitter handle reported a chunk of 219,660,376 SHIB tokens burned and ove...
How Celsius, 3AC misjudged risk and is DeFi’s future in interest rate swaps?
CryptoSlate spoke to Simon Jones, CEO of Voltz, an interest rate swap DeFi protocol that aims to create “capital-efficient” within DeFi. Jones has a deep understanding of assessing market risk and spe...
Bitcoin Dominance Rate (BTCD) Finds Support Above 43%
The Bitcoin Dominance Rate (BTCD) is trading at a confluence of support levels in both the weekly and daily timeframes. If the ongoing upward movement is to continue, the current support level would b...
Gold price rallies before plummeting amid hopes inflation rate will cool off
After largely trading in the red zone, the price of gold briefly rallied, powered by fundamental indicators pointing to a slow down of inflation rates. On Thursday, June 30, the value of gold was up ...
Economy still not ready for big rate hikes ahead, Wells Fargo CEO says
Charles Scharf Qilai Shen | Bloomberg | Getty Images Wells Fargo CEO Charles Scharf said he is betting on “more significant rate hikes” as the Federal Reserve tries to rein in high inflati...
EUR/USD Forex Technical Analysis – Lower after Lagarde Downplays Recession, Aggressive Rate Hikes
The Euro is edging lower on Tuesday after European Central Bank (ECB) President Christine Lagarde failed to deliver the hawkish outlook on interest rates that investors were expecting. Earlier in the ...
Expert Sees Fed Reversing Interest Rate Hikes, How Will It Affect Crypto?
Michael Burry, the hedge fund manager who famously shorted the 2008 subprime mortgage crisis, predicts that the economic repercussions of the Federal Reserve’s rate hikes may see the bank reversing it...
Zimbabwe to Hike Benchmark Rate to 200%, Central Bank Minted Gold Coins to Act as Store of Value – Economics Bitcoin News
After seeing the country’s inflation rise to 191.6% in June, Zimbabwean monetary authorities said they have resolved to increase the benchmark interest rate to 200% per annum. In addition, the central...
Zimbabwe to Hike Benchmark Rate to 200%, Central Bank Minted Gold Coins to Act as Store of Value – Coinotizia
After seeing the country’s inflation rise to 191.6% in June, Zimbabwean monetary authorities said they have resolved to increase the benchmark interest rate to 200% per annum. In addition, the central...