Dow Jumps 700 Points, Oils Hits 11-Year High As ‘Investors Are Whipsawed’ By Rate Hikes And Russia-Ukraine Conflict

Topline The stock market jumped on Wednesday—despite oil prices skyrocketing to their highest level since 2011 amid Russia’s invasion of Ukraine—as Federal Reserve Chairman Jerome Powell told Congress...

Avalanche (AVAX) Price Prediction: AVAX Aims for $100 as Russia’s Ukraine Invasion Clouds Central Banks Aggressive Rate Hike Bets

Avalanche (AVAX) price edges lower on Wednesday amid global risk aversion. There are many factors playing in the market ranging from the U.S Federal Reserve and some of its major central banking peers...

Rate Hikes Are Coming In March Despite ‘Uncertain’ Impact From Russia’s Invasion Of Ukraine, Powell Says

Topline Federal Reserve Chairman Jerome Powell confirmed in testimony before Congress on Wednesday that the central bank would begin raising interest rates in two weeks amid growing urgency to combat ...

Bank of Canada raises its key interest rate for the first time since 2018

The Bank of Canada on Wednesday raised its key interest rate from 0.25% to 0.50%, starting a much-awaited cycle of rate hikes to address persistently high inflation. Ukraine war will add to inflation ...

Bitcoin casts off dip, climbs past $45K as Fed signals rate hike coming in March

Bitcoin (BTC) hit daily lows, then bounced strongly on March 2 as fresh comments by the United States Federal Reserve added to macro volatility. BTC/USD 1-hour candle chart (Bitstamp). Source: Trading...

Fed Chair Powell notes ‘highly uncertain’ Ukraine impact, but says rate hikes are still coming

Federal Reserve Board Chairman Jerome Powell speaking at a re-nomination hearing of the Senate Banking, Housing and Urban Affairs Committee, on January 11, 2022, in Washington, DC. Pool / Getty Federa...

USD/CAD prediction ahead of the BOC interest rate decision

The USD/CAD price moved sideways on Wednesday morning as investors waited for the upcoming interest rate decision by the Bank of Canada. It is trading at 1.2717, which is a few points above this week’...

Russian interest rate hiked to 20%, crypto under discussion 

Crypto remains a hot topic as Russian interest rate is hiked to 20%  Western sanctions have hit the country hard with inflation rising steadily  The Central bank will boost liquidity by freeing 733 bi...

Russians are paying up to $20,000 above market rate to buy Bitcoin

Media outlet DeFiprime.com noted Bitcoin is trading for up to $20,000 above the market rate on Russian exchanges. DeFiprime.com jokingly called this the “matreshka premium,” as a spin on the kimchi pr...

Nvidia Hackers Offer to Sell GPU Hash Rate Limiter Bypass

A hacking group that claims to have infiltrated Nvidia servers is attempting to sell some of the data which includes a way to unlock graphics cards for Ethereum mining. In late February, semiconductor...

Is the AUD/USD a buy or sell after the RBA interest rate decision?

The AUD/USD pair moved sideways on Tuesday morning as investors reacted to the latest interest rate decision by the Reserve Bank of Australia (RBA). It is trading at 0.7248, which is slightly below th...

US Inflation Could Be Worse Than Expected, Goldman Sachs Says — Atlanta Fed President Favors 25 BPS Rate Hike – Economics Bitcoin News

While the conflict in Ukraine is a hot topic, fears of rising inflation continue to haunt Americans residing in the country, as economists and analysts note U.S. inflation will likely remain high. Inf...

Bitcoin Dominance Rate (BTCD) Reaches New Yearly High

The Bitcoin dominance rate (BTCD) has been increasing since Jan 15 and is approaching a crucial resistance level at 44.5%. In the period between May 2021 – Jan 2022, BTCD consolidated above the 40% ho...

Russia-Ukraine war, ruble-dollar exchange rate rises

As the effects of international sanctions against Moscow for starting the war between Russia and Ukraine are awaited, the local Central Bank is taking its first countermeasures. These include raising ...

Interest Rate Hike Not Necessarily Doom and Gloom for Bitcoin (BTC), Says Analyst Benjamin Cowen – Here’s Why

Widely followed crypto analyst Benjamin Cowen says that the fears of Bitcoin’s (BTC) price dipping if the Federal Reserve raises interest rates may be unfounded. In a new strategy session, the analyst...

Russia Hikes Interest Rate to 20%, Asks Firms to Sell FX Reserves

The Central Bank of Russia announced on Monday the increase of its key interest rate from 9.5 percent to 20 percent that came as an emergency move. The move came as the monetary regulatory is trying t...

Ethereum Network Fees Continue to Drop — Transfer Fees Hit Lowest Rate in 6 Months – Altcoins Bitcoin News

It’s getting cheaper to send ethereum these days as the gas price to push a transaction is more than 80% less expensive than it was to transact with ether 48 days ago on January 10. On that day, Ether...

JPMorgan Now Expects Nine Straight Fed Rate Increases Until March 2023

Text size Wall Street banks are predicting more aggressive rate increases by the Federal Reserve. Stefani Reynolds/AFP/Getty Images Economists at JPMorgan Chase said the Federal Reserve would likely r...

Pantera Capital’s Dan Morehead Says Interest Rate Hike Great for Crypto, Believes Markets Are Getting It Wrong

Pantera Capital CEO Dan Morehead says he believes that market participants are missing the forest for the trees when it comes to the possibility of an interest rate hike next month.  Morehead says tha...

Hoskinson Forecasts For The ADA’s Interest Rate Standardisation

Bulls are anticipating ADA’s rally. ADA was trading at $1.03 at press time, down 3.44 % in the previous 24 hours, according to Coinbase. The coin has plummeted 34.41 % in a month. The Cardano communit...

China out of action as BTC mining hash rate at all-time high

BTC mining hash rate has reached its peak after China’s exit from the business  China was once a dominant player in the BTC mining industry  The mean seven dat hash rate stands at 215 EH/s according t...

Can Cardano witness a rate strike of $25 in the next five years?

What is Cardano(ADA): Cardano is one of the most significant blockchains. The third-generation blockchain platform works on the Proof-of-Stake(PoS) consensus, designed to be a compatible alternative t...

US Inflation Jumps to 7.5%, CPI Climbs at Fastest Rate in 40 Years, Citizens See Little Wage Growth – Coinotizia

Inflation in the United States continues to rise as it climbed at its fastest rate in 40 years since February 1982. Statistics from the U.S. Labor Department’s Consumer Price Index (CPI) jumped 7.5% h...

Bitcoin Miners Don’t Need China, Hash Rate Hits All-Time High

The Bitcoin network has hit an all-time high in terms of hash rate which has now surpassed the highs it had when China dominated for mining and hash power. On-chain metrics for the Bitcoin network hav...

Interest Rate Hike ‘Great’ for Bitcoin Price, Says Pantera Capital CEO

Pantera Capital CEO Dan Morehead said that an increase in interest rates would not be “really that bad” for bitcoin (BTC), a proxy for the crypto industry. Relative to other asset classes, the rate hi...

Crypto ‘best place’ to store wealth during Fed rate hike: Pantera CEO

The CEO and founder of leading blockchain venture fund Pantera Capital, Dan Morehead, stated that digital assets will be the “best place” to store capital following the potential fallout of interest r...

Bitcoin difficulty reaches all-time high, hash rate up 45% in 6 months

The Bitcoin network has hit yet another all-time high in mining difficulty after a steady climb since last July’s lows. On-chain analysis tool CoinWarz indicated on Feb. 18 that mining difficulty reac...

Argentina Set to Raise Key Rate to 42.5% Thursday, Official Says

(Bloomberg) — Argentina’s central bank raised its benchmark interest rate by 250 basis points to 42.5% on Thursday, further tightening monetary policy to align with goals set out in the governme...

Bitcoin Dominance Rate (BTCD) Breaks Out From Short-Term Resistance

Technical indicators suggest that the Bitcoin dominance rate (BTCD) could be in the first stages of a long-term bullish reversal. The weekly chart shows that BTCD has bounced at the 40% horizontal sup...

USD/TRY prediction ahead of the CBRT interest rate decision

The USD/TRY price is moving sideways as investors wait for the upcoming interest rate decision by the Central Bank of the Republic of Turkey (CBRT). It is trading at 13.60, where it has been in the pa...

Top 2 stocks to consider before Fed interest rate hikes this year

The Fed has announced that there will be rate hikes this year. We are not sure how many but there is talk that the central bank will be more aggressive. This comes as inflation continues to be a huge ...

Fed Minutes Signal March Interest Rate Hike Still On Track

Topline Minutes from the Federal Reserve’s most recent meeting showed that the central bank is still on track to raise interest rates next month but gave no indication about how aggressively officials...