Bitcoin (BTC) fell into the Wall Street open on Feb. 16 as markets held their breath over upcoming comments from the United States Federal Reserve. BTC/USD 1-hour candle chart (Bitstamp). Source: Tra...
Tag: Rate
Bitcoin (BTC) Hash Rate Hits Another Record High
Despite a price dip and macroeconomic challenges, the Bitcoin (BTC) mining sector is growing rapidly. Glassnode’s data highlights a sharp rise in the hash rate of Bitcoin, one of the most important in...
Bitcoin Makes Huge Leap As Network Hash Rate Explodes To A New All-Time High ⋆ ZyCrypto
Advertisement     Bitcoin’s hash rate reached a new all-time high despite price corrections. The growth translates to an increase in the security of the network. Bitco...
Monero community concerned as leading mining pool nears 51% of ecosystem’s total hash rate
On Tuesday privacy coin Monero (XMR) mining pool MineXMR’s hash rate surpassed over 1.4 GH/s, accounting for 44% of the hash rate of the XMR network. MineXMR has about 13,000 miners and charges ...
A Rising Rate Environment will Tilt from Bonds to Crypto, Says Fundstrat Founder
Speaking on CNBC’s Crypto World Monday, Thomas (Tom) Lee, the founder of equity research firm Fundstrat Global Advisors, opined that with interest rates being on a reversal after experiencing a 30-yea...
Crypto investors hedging out risks ahead of March rate hike
On-chain data analysis from Glassnode shows that Bitcoin investors are hedging out risks in order to stay protected against Federal Reserve interest rate hikes in March. Glassnode’s The Week On-Chain ...
Google Adds Cardano To Its Integrated Currency Conversion Rate System ⋆ ZyCrypto
Advertisement     Cardano has achieved major recognition of its market value. Google has just added ADA to its currency conversion rate calculator. Users of the search...
Stock futures are little changed as Russia-Ukraine tensions and Fed rate hike worries simmer
Traders on the floor of the NYSE, Feb. 4, 2022. Source: NYSE U.S. stock futures were flat on Monday night, as traders kept an eye on simmering tensions between Russia and Ukraine while weighing the po...
Bitcoin network grows stronger as hash rate jumps to new ATH
The price of Bitcoin could be on a downtrend, but the Bitcoin network continues to grow stronger. The Bitcoin network hash rate reached a record high of 248.11M TH/s on February 12, 2022. The rise in ...
U.S. Inflation Rate At 40-Year High — Bitcoin, Ether, XRP, Cardano Have All To Gain ⋆ ZyCrypto
Advertisement     Inflation is at a 40-year high as investors begin to panic. Prior to the release of the report, cryptocurrency prices spiked. So far, the crypto mark...
Concerns grow over Monero mining pool with 44% of its hash rate
advertisement Monero mining pool MineXMR now controls 44% of the privacy coin’s hash rate, a position that some think carries potential risks for the network’s security. MineXMR, the largest Mon...
Stock futures are slightly lower as Wall Street weighs Russia-Ukraine tensions, potential Fed rate hikes
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, January 18, 2022. Brendan McDermid | Reuters Stock futures dipped slightly Sunday evening as investors continued to mo...
Ethereum Fees Drop to the Lowest Rate in 4 Months, 71% Lower Than Transfer Fees in January – Altcoins Bitcoin News
The average transaction fee on the Ethereum network has dropped to the lowest level in four months, according to statistics on February 13, 2022. Mid-September 2021 was the last time gas fees on Ether...
Fed’s Daly advocates for a ‘measured’ approach as rate hike expectations rise
San Francisco Federal Reserve Bank President Mary Daly poses at the bank’s headquarters in San Francisco, California, July 16, 2019. Ann Saphir | Reuters The Federal Reserve should be measured i...
Bitcoin Mining Hash Rate Spikes by 30% in 24 Hours
Over the last 24-hours, Bitcoin’s network hash rate rose by 31.69% to reach 248.11 EH/s, further ascertaining the resilience of the network against possible exploitation during the mining process. The...
Bitcoin network hash rate explodes to a new all-time high of 248.11 EH/s
The Bitcoin (BTC) network has recorded a new hash rate all-time high of 248.11M TH/s as of Feb. 12, 2022, further securing the decentralized ecosystem through a growing network of global BTC miners. ...
Demand For Bitcoin, Ether Increases As U.S. Inflation Rate Accelerates To A 40-Year High ⋆ ZyCrypto
Advertisement     The increasing inflation in the US continues to push serious concerns. According to the latest data, the Consumer Price Index (CPI) has reached the l...
Investors ‘Losing Confidence’ After Latest Inflation Surge—How Aggressive Could Rate Hikes Be?
Topline As markets grapple with concerns about how quickly the Federal Reserve will reverse its pandemic-era policy, investment banks are warning clients the central bank may need to move more aggress...
The Fed is still likely to take a measured approach to rate hikes despite calls for bigger action
The Federal Reserve building in Washington, January 26, 2022. Joshua Roberts | Reuters Several Federal Reserve officials, both privately and publicly, are pushing back against calls by St. Louis Fed P...
US Inflation Jumps to 7.5%, CPI Climbs at Fastest Rate in 40 Years, Citizens See Little Wage Growth – Economics Bitcoin News
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...
Fed’s Mester says ‘each meeting is going to be in play’ for rate hikes this year
Cleveland Federal Reserve President Loretta Mester laid out an aggressive plan for reducing easy-money policies this year, saying the central bank will be ready to hike rates at any meeting and should...
Long-Term Divergences Cause Significant Bitcoin Dominance Rate (BTCD) Increase
The bitcoin dominance rate (BTCD) is very close to a crucial resistance level, a breakout above which would indicate that the long-term downward movement has ended. BTCD has been moving upwards since ...
Bitcoin’s Fear and Greed Index at Highest Rate Since November 2021
After a choppy month that involved whales cashing out and taking profits, the cryptocurrency market rose to a collective valuation above $2 trillion. The market leader – Bitcoin, for one, tested the c...
Litecoin’s (LTC) Hash Rate and Difficulty Recover Despite Faltering Price
LTC has lost more than half of its value in the past few months, despite the most recent market price increases. Its blockchain hash rate, on the other hand, has been on a steady uptrend depicting the...
Goodbye Easy Money as Hawkish Central Banks Speed Up Rate Hikes
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg The end of easy money is upon us. Two years after the pand...
Bank of England Hikes Bank Rate to 0.5%, Governor Andrew Bailey Hints at Wage Restraints – Economics Bitcoin News
The Bank of England (BOE) raised the country’s benchmark bank rate from 0.25% to 0.5% this week in order to curb rampant inflation. “We face a trade-off between strong inflation and weakening growth,”...
U.S. Added Back 467,000 New Jobs In January—But Unemployment Rate Ticked Up To 4%
Topline Despite a record wave of Covid-19 cases, the U.S. added back a surprisingly strong 467,000 new jobs in January, performing much better than experts were expecting in a report that’s likely to ...
EUR/USD forecast: ECB interest rate decision preview
The EUR/USD price retreated slightly during the Asian session as investors waited for the upcoming European Central Bank (ECB) decision. It is trading at 1.1300, which is a few pips below its highest ...
GBP/USD prediction: BOE rate decision preview
The GBP/USD price was in a tight range during the Asian session as investors waited for the upcoming interest rate decision by the Bank of England (BOE). The pair is trading at 1.3565, which is about ...
Bitcoin Dominance Rate (BTCD) Drops After Reaching New Yearly High
The Bitcoin dominance rate (BTCD) is attempting to find support after a short-term rejection from a Fib resistance level. BTCD had been trading above the 40% horizontal support area since May 2021. Th...
10 tech value stocks that at least 75% of analysts rate as a ‘buy’ right now
So far, 2022 is a year of value stocks. But some tech stocks fit that definition. Below is a high-conviction list of technology stocks among the S&P 500 SPX, +0.05% that have low valuations to ear...