Dow Jones futures edged lower overnight, along with S&P 500 futures and Nasdaq futures. The Federal Reserve raised interest rates by a half point on Wednesday, but the stock market surged and Trea...
Tag: Rate
Bitcoin wobbles around $39K as Fed confirms up to 1% key rate target next
Bitcoin (BTC) stayed mostly steady at $39,000 on May 4 as the U.S. Federal Reserve conformed to expectations of a 0.5% key interest rate hike. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingVi...
Fed Announces 0.5% Rate Hike to Fight Inflation, Highest in 22 Years
The Federal Reserve announced a 50 basis point interest rate hike during May’s Federal Open Markets Committee (FOMC) meeting. This is twice the size of the rate increase from last month, and the large...
Stocks jump after Powell pushes back on bigger rate hikes after half-point increase
U.S. stocks turned higher Wednesday afternoon, with investors considering the Federal Reserve’s latest monetary policy decision against the backdrop of elevated inflation and a still-tight U.S. ...
Dow Jones Jumps After Fed’s Biggest Rate Hike In Two Decades; Two Oil Stocks Score Breakouts
The Dow Jones Industrial Average rallied in late-afternoon trading, as did the Nasdaq and S&P 500, following comments from Fed Chairman Jerome Powell. Indexes initially were volatile after the Fed...
Bitcoin, Ether See ‘Brewing’ Mega Upsurge as US Makes Biggest Interest Rate Rise in 22 Years ⋆ ZyCrypto
Advertisement     On Wednesday, the Fed raised a rare half percentage point interest rate as it races to shrink its $9 trillion asset portfolio. The move which was ann...
Institutions Trigger Fourth Straight Week of Outflows From Crypto Markets Amid Rate Hike Uncertainty: CoinShares
A leading digital assets manager says institutional investors continue a weeks-long trend of divesting from cryptocurrencies in the face of economic uncertainty. According to the latest CoinShares Dig...
focus is on Fed interest rate decision and recession concerns
Gold price has bounced off Tuesday’s low of 1,850.17 following the easing of Treasury yields and the US dollar. Nonetheless, it remains under pressure ahead of the highly anticipated Fed interest rate...
BTC, ETH Marginally Higher Ahead of Today’s Rate Decision – Market Updates Bitcoin News
Bitcoin was trading marginally higher on Wednesday, as crypto markets returned to the green ahead of the Fed meeting. ETH also rebounded in today’s session, moving away from its long-term support leve...
Should you buy or sell the US dollar ahead of a historic rate hike?
In a few hours from now, the Federal Reserve of the United States is forecast to hike the funds rate by 50 basis points. It would be the first time since 2000 that the Fed will hike by more than 25 ba...
Crypto Winter Unlikely As ‘Astonishing’ User Growth Dwarfs Internet Adoption Rate: Macro Guru Raoul Pal
Former Goldman Sachs executive Raoul Pal expects there to be billions of new cryptocurrency users by the end of the decade despite any jitters investors may currently feel about the markets. In a new ...
Fourth straight rate hike expected as inflation soars
LONDON, February 03: Governor of the Bank of England Andrew Bailey leaves after a press conference at Bank of England on February 3, 2022 in London, England. The Bank is expected to hike interest rate...
Here’s How Bitcoin (BTC) Will React to Highly-Anticipated Fed Rate Hike, According to Top Crypto Analyst
A widely followed crypto strategist is predicting how Bitcoin (BTC) will behave in response to the Federal Reserve announcing a fresh round of rate hikes. Pseudonymous analyst Pentoshi tells his 540,6...
Will Fed rate hike be a ‘clearing event’ for battered U.S. stock market? What investors are watching for on Wednesday
A little clarity from the Federal Reserve on the likely size and scope of future rate increases on Wednesday could be a balm for a bruised U.S. stock market, according to some analysts. The meeting co...
Australia’s Hiked Interest Rate Tops 0.35% for the First Time in a Decade
Australia’s apex bank, the Reserve Bank of Australia (RBA) has hiked its interest rate for the first time in more than a decade. As reported by CNBC, the Reserve Bank of Australia increased the rate b...
Despite interest rate hikes, Tony Dwyer predicts sharp market bounce
While Wall Street braces for a half point interest rate hike on Wednesday, Canaccord Genuity’s Tony Dwyer sees the ingredients for a sharp market bounce. However, it’s unrelated to a funda...
Stock futures inch higher ahead of Fed’s big rate decision
Stock futures inched higher in overnight trading as investors braced for the Federal Reserve’s big interest rate decision on Wednesday, where the central bank is widely expected to hike rates by...
How Fed’s bigger, faster rate hikes will affect your credit card, mortgage, savings rates
Just six weeks ago, Americans were facing sharply higher borrowing costs as the Federal Reserve launched an aggressive campaign of interest rate hikes to curb soaring inflation. Now the Fed is putting...
Cramer defends Powell’s inflation policy ahead of Fed rate decision
CNBC’s Jim Cramer on Tuesday defended Federal Reserve Chair Jay Powell and said that the beaten-down state of previously inflated stocks shows the Fed chief is on the right track to corralling i...
Powell wants to get rates closer to neutral. But what’s neutral? Think between 5% and 6%, former top Fed staffer says
With U.S. inflation surging higher than anyone expected, Fed Chairman Jerome Powell, has laid out a policy path where the Fed is going to move quickly to get its benchmark interest rate up to “to a mo...
Bitcoin’s hash rate surges despite persistent economic uncertainty
CoinWarz shows the Bitcoin hash rate continues to explode, hitting a new all-time high of 270 EH/s on Monday before settling around the 220 EH/s today. A rising Bitcoin hash rate indicates the number ...
Paul Tudor Jones Bets on Bitcoin v. Stocks and Bonds Due to Massive New Rate Hike
Yuri Molchan Paul Tudor Jones says a lot of intellectual capital is flowing into crypto and that bonds and stocks are the least reliable assets now As the U.S. Federal Reserve has been discussing rais...
Is it safe to buy the Australian dollar after the RBA’s surprise rate hike?
The Reserve Bank of Australia (RBA) is one of the few major central banks that holds a monthly meeting to evaluate the economy and set the appropriate interest rate. It does so at the start of every m...
Feds Expected to Hike Interest Rate Again
FOMC is supposed to meet this week to raise loan costs once more BTC Price at the time of writing – $38,495.02 The crypto and securities exchange execution has become exceptionally corresponded ...
Surging Bitcoin Network Hash Rate Puts A Historic Rally Into Play For BTC ⋆ ZyCrypto
Advertisement     Bitcoin network hash rate has ascended to a lifetime high amid the BTC price facing a bumpy quarter. As per data from Coinwarz, bitcoin’s hash rate p...
Why Terra’s Anchor Protocol Changed Earn Rate To 18% APY
Anchor Protocol, one of the most popular platforms in the Terra ecosystem, rolled out a change in its Earn Rate. The latter will begin to operate in a semi-dynamic fashion rather than the previously f...
Fears of a Fed mistake grow as this week’s anticipated interest rate hike looms
Jerome Powell, Chairman of the U.S. Federal Reserve, attends the National Association of Business Economicseconomic policy conference in Washington, D.C, United States on March 21, 2022. Yasin Ozturk ...
Yuga Labs NFT Mint Leads to New Ethereum Burning Rate All-time High
42 mins ago | 2 mins read Editors News Some users paid 2.6 ETH to 5 ETH merely to complete their transactions. ETH is burnt for each transaction on the network. The auction of tokenized land plots in ...
Bitcoin Dominance Rate (BTCD) Creates Triple Bottom Pattern
The bitcoin dominance rate (BTCD) is in the process of breaking out from a long-term descending resistance line, which could be the catalyst for a significant upward movement. The weekly chart shows t...
Ethereum, inflation rate down to 0.51%.
The first quarter of 2022 ended with an annualized ETH money supply inflation rate down from 1.10% to 0.51%. Bankless report, Ethereum inflation drops below 1% This is revealed in Bankless’ State of E...
LINK, NEAR, ADA, & MATIC Are The Best Bets Ahead Of The Rate Hikes
The folks from the cryptosphere are now in turmoil, as the FED’s FOMC meet arrives closer to the horizon. Whilst novices in the game, are looking out for strategies to resist the brunt. Older hands ar...