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Institutional Investors Exit Crypto Markets At Fastest Rate Ever Recorded: CoinShares
A leading digital assets manager says large institutional investors are exiting crypto markets at a historic rate. In the latest Digital Asset Fund Flows Weekly report, CoinShares finds that digital a...
Lebanon Inflation Rate Surges to 211%, Economist Steve Hanke Recommends a Currency Board – Economics Bitcoin News
As political leaders in crisis-hit Lebanon bicker over positions in the yet-to-be-formed government, the country’s runaway inflation rate surged to 211% in May 2022, new data has shown. Economist Stev...
Bitcoin network power demand falls to 10.65GW as hash rate sees 14% drop
The overall power consumption of the Bitcoin (BTC) network recorded a drastic drop after mimicking the two-week-long fall in the mining hash rate, which reduced the commuting power for mining BTC bloc...
Bitcoin Crash? It’s A ‘Crypto Ice Age’ — And Fed Rate Hikes Are A Big Reason
Bear markets have grown almost routine for Bitcoin and other cryptocurrency prices. Since its 2009 launch, Bitcoin’s price has tumbled more than 50% six times. X Coinbase (COIN) CEO Brian Armstr...
Jerome Powell defends the rate hike
At the latest congressional hearing, US Federal Reserve Chairman Jerome Powell returned to talk about moves taken to deal with inflation. Jerome Powell’s plan against high inflation At the latest US ...
How inflation, interest rate hikes affect the 60/40 portfolio strategy
How a 60/40 portfolio strategy works The strategy allocates 60% to stocks and 40% to bonds — a traditional portfolio that carries a moderate level of risk. More generally, “60/40” is a sho...
Bowman backs steep rate hikes and wants to ‘get the Fed out’ of housing market
Federal Reserve Gov. Michelle Bowman said she supports an aggressive series of interest-rate increases to try to tame inflation and eventually wants the central bank to stop intervening in the U.S. ho...
Bitcoin price rises to $20.7K as Fed’s Powell says more rate hikes ‘appropriate’
Bitcoin (BTC) checked losses while United States equities drifted down on June 22 as the Federal Reserve kept quiet on monetary policy. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Powe...
Bitcoin Dominance Rate (BTCD) Falls Sharply After Rejection From 48% Resistance Area
The Bitcoin dominance rate (BTCD) has been falling since it was rejected on June 11. However, the conditions are ripe for long-term bullish continuation. BTCD created a triple bottom pattern at the 40...
Powell says U.S. economy can handle the additional rate hikes that are coming
Federal Reserve Chairman Jerome Powell on Wednesday pushed back against economists who argue that aggressive Fed interest-rate hikes have increased the odds of a recession or hard landing for the U.S....
Russian Ruble Taps 7-Year High Against the US Dollar — Economist Says ‘Don’t Ignore the Exchange Rate’ – Economics Bitcoin News
Recent news reports have detailed that Russia’s fiat currency, the ruble, was the best-performing currency worldwide and the articles explained that American economists were perplexed by the trend. On...
Crypto Markets Struggle For Resilience Despite Highest Rate Hike Since 1994 ⋆ ZyCrypto
Advertisement     The crypto markets have shown some resilience despite the significant rate hike by the Fed on Wednesday in response to unyielding inflation. Followin...
Cathie Wood warns the Fed are ignoring dangerous signals as it plows ahead with draconian rate hikes
The U.S. Federal Reserve risks weak economic growth throughout this year due to its backward-looking, “draconian” rate hikes, warned Wall Street’s best-known tech sector bull. ARK Invest founder Cathi...
Ruble Soars to 7-Year High Prompting Debate Over Targeting Rate
(Bloomberg) — The ruble surged to a seven-year high, extending a rally that Russia wants to curb and sparking a debate in Moscow on whether the central bank should target an “optimal” exchange r...
FTX CEO Says Fed Interest Rate Hike Main Reason for Market Crash
FTX CEO Sam Bankman-Fried said the Federal Reserve’s decision to aggressively increase interest rates was the main reason behind the market crash. He does not criticize the Fed, however, saying it is ...
What the Fed’s biggest rate hike in decades means for the bear market in bonds
Historically bad. That’s how the mammoth $53 trillion U.S. fixed-income market has performed this year as the Federal Reserve works to curtail high inflation threatening to wreck the economy. To turbo...
Bitcoin Plunges Below $20,000 After Recent Fed’s Historic Rate Hike
Yuri Molchan King crypto has gone below the $20,000 level, losing its price milestone achieved five years ago Bitcoin has finally lost the crucial level of $20,000 where it had been holding for a whil...
Crypto Bull Trap or Turning Point After Fed 0.75% Rate Hike
Crypto masses have been relishing the relief pump by BTC followed by the announcement stating a 0.75% rate hike in interests. The cryptocurrency market that has been showing a bearish trend for the pa...
‘Worst Fears Confirmed’ As Fed ‘Plays Dangerous Game’ With Inflation And Rate Hikes
Topline With the Federal Reserve embarking on its most aggressive tightening campaign in nearly three decades, Bank of America economists warned clients on Friday that the central bank’s inflati...
Fed Rate Hikes Will End Sooner Than You Think. What That Means for Stocks.
Text size Federal Reserve Chairman Jerome Powell Drew Angerer/Getty Images The Federal Reserve’s aggressive interest rate increases can only last so long. The stock market could experience some relief...
Why is China’s inflation rate low compared to the US, Europe and Britain?
China’s benign inflation readings are in marked contrast to many advanced economies, giving the country space for more monetary loosening while the United States, the European Union and Britain ...
Mike Novogratz Says Bitcoin Will ‘Lead the Market’ Out of Fed Rate Hike
Mike Novogratz remains bullish on Bitcoin and altcoins adoption despite the bearish market. Mike Novogratz has weighed in on the current situation of Bitcoin, largely caused by the Federal Reserve int...
The Impact Of The Fed Rate Hike And What To Expect Next
Getty Images Takeaways The Federal Reserve hiked its target federal funds rate by 0.75% on Wednesday Stocks rallied Wednesday on the news before falling again by Thursday’s close Consumers can expect ...
Mike Novogratz: Bitcoin Will ‘Lead the Markets’ in Recovery From Fed Rate Hike
Mike Novogratz, founder of the asset management firm Galaxy Digital, expects Bitcoin to “lead” a new rally once the U.S. Federal Reserve reconsiders its latest decision to hike interest ra...
even with the super-sized rate hike, gold remains a winner
Gold price is hovering around the critical level of $1,850 after rebounding from the one-month low of $1,805.59 hit earlier in the week. Even after Fed’s super-sized rate hike, the precious metal rema...
Bitcoin Remains Steady as Fed Announces Biggest Rate Hike Since 1994
Alex Dovbnya Bitcoin briefly spiked 4% on the news only to instantly give up those gains The U.S. Federal Reserve has hiked the benchmark interest rate by 75 basis points, which marks the biggest incr...
Bitcoin Bounces as Fed Drops Biggest Interest Rate Hike Since 1994
Bitcoin’s price was again tested on Wednesday, dropping close to $20,000 per coin before recovering to around $22,000 after the Federal Reserve announced it would continue to raise interest rates. Th...
Cardano, Solana, Tron, And Dogecoin Chart Stunning Relief Rally After Biggest Rate Hike In 28 Years ⋆ ZyCrypto
Advertisement     The crypto market surged higher on Thursday, bouncing back after the ferocious sell-off earlier this week. Cryptocurrencies swung from negative into ...
Swiss Interest Rate Hike Turns Asian Equities Into Swiss Cheese As Mainland Investors Ignore Risk Off
China Last Night KraneShares Key News Asian markets had a decent day until the Swiss National Bank unexpectedly raised interest rates 50 basis points sending risk assets south immediately. Returns wer...
Bank of England base rate announcement: here’s what you need to know
The Bank of England (BoE) met today and raised its key policy rate by a quarter percentage point for the fifth time in a row, to 1.25%. The tightening of economic conditions follows a 40-year high in ...
Fed ‘not trying to induce a recession’ with interest rate hikes
Federal Reserve Chairman Jerome Powell said Wednesday that the central bank hopes to avoid a recession after ratcheting up its pace of interest rate hikes. “We’re not trying to induce a recession now,...