The revenues accrued by the Ethereum network rose by 46% from $1.6 billion to $2.4 billion during the first quarter of 2022. Contributing to the growth in the network’s revenues were non-fungible toke...
Tag: Rate
FED to Hike Interest Rate! Which Way Will The Crypto Market Head In Coming Days?
The previous intraweek session was dubbed “unfruitful” since BTC and other cryptocurrencies failed to rise much. The market finished about where it began, resulting in the third week of continuous dec...
Are Altcoins Prone For Massive Correction This Week Amid Interest Rate Hikes
Bitcoin has dropped to its lowest price point since early March, causing the crypto market valuation to drop by $130 billion in two days. Bitcoin is still struggling to break through the $40,000 barri...
Silver price forecast with the Fed interest rate decision in the horizon
Silver price is beginning the new week on a downtrend amid heightened prospects of aggressive interest rate hikes by the Federal Reserve. Indeed, all eyes are on the Fed interest rate decision schedul...
Bitcoin and Ether Falter as Cardano, Solana, Shiba Inu Brace for Big Fed Rate Hikes ⋆ ZyCrypto
Advertisement     The crypto market in recent months has become increasingly sensitive to rate hikes by the Fed. This week’s expectations of even more aggressive rate ...
Crypto and Stock Market Falls Amid Anticipated Aggressive Fed Rate Hike
Investors will be concentrated on Central Bank of US as Fed regulators are anticipated to increase benchmark interest rates aggressively. Leading US stock indexes witnessed subsequent losses as the we...
Are altcoins losing their luster amid fears of further interest rate hikes
The Federal Reserve would raise interest rates at its May meeting after it hiked rates for the first time since March of 2018. The nation’s central bank, is now, expected to lift the benchmark Fed fun...
With an ‘Aggressive’ Fed Rate Hike Expected Next Week, Stocks and Crypto Markets Lose Billions – Market Updates Bitcoin News
Investors will be focused on the U.S. central bank this Wednesday as Federal Reserve policymakers are expected to raise the benchmark interest rate aggressively. The top U.S. stock indexes saw signifi...
Bitcoin Down as Market Braces for Fed’s 50 Basis Point Rate Hike
“The Fed’s response to COVID increased the money supply by over 40%, directly providing stimulus checks and indirectly growing capital reserves through quantitative easing,” IntoTheB...
Powell Seen Slowing Rate Hikes After May and June Front-Loading
(Bloomberg) — Federal Reserve Chair Jerome Powell is likely to slow the pace of interest-rate increases after front-loading policy with half-point hikes next week and in June, economists surveye...
Bitcoin network hash rate hit a new record high amid price volatility
The hash rate of the Bitcoin (BTC) network hit a new ATH, even when the price of the top cryptocurrency struggled to get past the $40,000 mark. The network’s hash rate hit a new record high of 2...
The stock market fears interest rate hikes
Stock markets continued to fall in the wake of news from Ukraine and fears of new interest rate hikes from the Fed. Fed fears new interest rate hikes Fed chairman Jerome Powell’s decision puts pressur...
The Fed’s Interest Rate Hikes Could Be Even Worse Than Feared
Text size Federal Reserve Chairman Jerome Powell. Tom Williams/Pool/Getty Images Don’t fight the Fed has long been a Wall Street motto. But the nation’s central bank thus far has been a reluctant figh...
Bitcoin (BTC) Dips Below $40,000 Over Ukraine And Possibility Of Fed Rate Hike
The price of Bitcoin plummeted below $40,000 on Monday, while other cryptocurrencies saw losses, according to Coingecko data. BTC is trading extremely close to two long-term support levels but has not...
Huobi Global launches funding rate arbitrage product to gain profit with lower risks
Huobi Global, one of the world’s leading digital asset exchanges, today announced the launch of a funding rate arbitrage product for perpetual swap trading, enabling traders to gain profits from high-...
Asian markets tumble amid worries about earnings, Fed rate hike
TOKYO — Asian shares declined Monday after U.S. stocks ended last week on a tumble as global markets’ expectations for higher interest rates continued to set the tone. Japan’s benchmark Nikkei 225 NIK...
SHIB Army Burns 287.3 Million Shiba, Boosting Burn Rate Massively
Yuri Molchan Another massive chunk of Shiba Inu has been incinerated, while the burn rate of the meme token has soared Contents 287.3 million SHIB removed from the market SHIB burn rate skyrockets In ...
Shiba Inu Burn Rate Surge 15,071%, As 287.32 Million SHIB Burnt In 24 Hours
– Advertisement – SHIB Army has destroyed almost 287.32 million dog-themed tokens over the last 24 hours. According to statistics, the network’s burn rate has increased by 15,071%. Shib...
Fed’s Mester casts doubt on the need for ‘shock’ interest rate hikes ahead
Cleveland Federal Reserve President Loretta Mester said Friday she’s in favor of raising interest rates quickly to bring down inflation, but not so quickly as to disrupt the economic recovery. T...
Bitcoin Falls Back To $40,000 As Fed Mulls Faster Rate Bumps
Cryptocurrency markets were sluggish Friday after Federal Reserve Chairman Jerome Powell stated that interest rate hikes should be made “more quickly.” Powell also indicated that a rate hike of 0.5 pe...
Bitcoin drops to $40K as FED looks for faster rate hikes
Crypto markets fall as Federal Reserve chair Jay Powell states that they need to move “more quickly” in raising interest rates. Powell also expressed that a “0.5 percentage point interest rate increa...
S&P 500, Nasdaq drop for second straight day after Fed officials discuss half-point rate hike
U.S. stocks fell Thursday as investors continued to monitor a steady stream of corporate earnings results against a backdrop of elevated inflation and further Fed policy tightening. The S&P 500 dr...
Powell Backs Front-Loading Fed Rate Hikes, Says Half-Point on Table
(Bloomberg) — Federal Reserve Chair Jerome Powell blessed a half-point interest-rate hike next month and signaled support for further aggressive tightening to curb inflation by noting that he sa...
Fed chief Powell backs moving more quickly on interest-rate hikes
Federal Reserve Chairman Jerome Powell on Thursday joined the chorus of U.S. central bankers who want to move faster on raising interest rates. “It is appropriate in my view to be moving a little more...
Fed’s Powell Puts Half-Point Rate Hike on the Table for May
Text size Fed Chair Jerome Powell will appear on a panel Thursday with European Central Bank President Christine Lagarde. Graeme Jennings/Pool/AFP/Getty Images Federal Reserve Chairman Jerome Powell c...
I Bonds Set To Deliver Historic 9.62% Interest Rate
What will deliver higher returns over the next 12 months, I bonds or bitcoin? A year ago such a question would have been silly. Today, not so much. Bitcoin BTC has struggled in 2022, down more than 10...
Dow Drops Over 300 Points, Yields Surge After Powell Signals Bigger Rate Hikes Starting In May
Topline The stock market reversed gains and moved lower on Thursday following comments from Federal Reserve Chair Jerome Powell, who signaled aggressive interest rate hikes ahead while all but confirm...
Fed’s Bostic Cautious About Rate Hikes as President Biden Blames Higher Prices on Covid-19 and Putin – Economics Bitcoin News
As inflation continues to wreak havoc on the lives of ordinary American citizens, all eyes are focused on the U.S. Federal Reserve’s plans to fix the situation. Meanwhile, as the St. Louis Fed preside...
Fed’s Daly says the economy can handle rate hikes, but a mild recession is possible
Mary Daly, President of the Federal Reserve Bank of San Francisco, poses after giving a speech on the U.S. economic outlook, in Idaho Falls, Idaho, November 12 2018. Ann Saphir | Reuters San Francisco...
Is a 75 bps increase in interest rate on the cards?
An environment where rates are expected to go up rapidly warrants investing in “financials”, says Wells Fargo Advisors’ Mark Smith. Smith’s comments on CNBC’s ‘The ...
Opinion: There’s a big hole in the Fed’s theory of inflation—incomes are falling at a record 10.9% rate
The most concerning thing about Thursday’s report on U.S. gross domestic product for the first quarter wasn’t that the first line of the first table showed that real GDP fell at a 1.4% annual rate. It...