Bitcoin has been incurring heavy dips as of late. Just a few months ago, the world’s number one digital currency by market cap was trading for a whopping $68,000 per unit, but now, the asset has lost ...
Tag: Rate
Here’s what 7 rate hikes from the Fed may do to the stock market
If the Federal Reserve raises interest rates seven times this year as Bank of America head of global economics Ethan Harris predicted in a new call, the stock market won’t be immune from those h...
Use Short-Term Corporate Bonds Like These 4 To Wait Out The Fed’s Coming Rate Hikes
Fed rate hikes anticipated throughout 2022 getty It’s now official, the Federal Reserve is loading up for its anti-inflation rate increases. The Fed’s reasoning for raising interest rates is well docu...
Goldman Sachs Warns Bitcoin Increasingly Vulnerable to Fed Rate Hikes as Mainstream Adoption Grows – Bitcoin News
Global investment bank Goldman Sachs has warned that bitcoin is increasingly vulnerable to the Federal Reserve’s rate hikes as the cryptocurrency grows more widely adopted. “Over the last two years, a...
Bitcoin miners believe global hash rate to grow ‘aggressively’
Bitcoin (BTC) seems to be on everyone’s mind lately as the world recently witnessed the price of BTC take a rather unexpected bearish turn this month. On January 21, 2022, Bitcoin reached six-month lo...
Nvidia’s Lite Hash Rate Tech to Stop Crypto Miners ‘Was Pointless’ – Mining Bitcoin News
In mid-May 2021, the American multinational technology company Nvidia Corporation revealed that it added a hashrate limiter to curb the use of cryptocurrency mining with its graphics processing units ...
Goldman Sachs Explains Why Bitcoin Is Extremely Vulnerable to Rate Hikes
Alex Dovbnya Reaching mainstream has been the ultimate goal of the Bitcoin community, but increasing the correlation with traditional assets is an ugly downside While the idea of reaching mainstream a...
Ethereum Mining Hash Rate Reaches New ATH
The rise of Ethereum over the previous year has made mining on its network more attractive, revealing the network’s hash rate reaching an all-time high. On Friday, Ethereum’s hash rate hit a new ATH o...
3 “Strong Buy” Stocks That Are Poised to Benefit From the Coming Rate Hikes
The year 2022 is barely one month old, and the stock market is starting it off with sharp downturn. In a way, this shouldn’t be too surprising. Inflation started taking off in the second half of last ...
BTC Dips as Federal Reserve Prepares for Interest Rate Surge
Bitcoin recently dipped in market value as the Federal Reserve confirmed what everyone has been speculating for over a month. The central bank recently announced that it would increase the US interest...
Fed rate hikes are coming — how to tackle your savings, mortgage, car payments and credit-card debt in advance
Wall Street investors and Washington D.C. lawmakers are closely listening to what Federal Reserve Chairman Jerome Powell says Wednesday about the central bank’s next steps in its fight against decades...
How Bitcoin’s recent sensitivity to interest rate hikes could be bullish
Bitcoin has so far been very sensitive to any decisions coming from the Federal Reserve, experiencing massive sell-offs in an aggressive reaction to inflation. This has prompted many to worry about ho...
U.S. Economy Grew At The Fastest Rate Since 1984 Last Year
Topline Despite lingering Covid disruptions, the economy grew a better-than-expected 6.9% in the fourth quarter thanks to increases in consumer spending, exports and private investments—notching the f...
Crypto Markets See Red as Federal Reserve Plans March Interest Rate Hike
Crypto asset markets have resumed their downtrend during the Jan 27 morning trading session following the latest announcement from the U.S. Federal Reserve. Crypto markets have shed a further 3.3% on ...
First Mover Asia: Interest Rate Hikes in the Future? Crypto Rally Shorts Out
Good morning. Here’s what’s happening: Market moves: Bitcoin gave up early gains after Powell’s hawkish comments. Technician’s take: Long-term momentum remains weak and BTC is at a critical poin...
Bitcoin & Wall Street Plunge As Powell Threatens Interest Rate Hikes At FOMC
Bitcoin’s price went turbulent during a press conference following today’s highly anticipated Federal Open Markets Committee (FOMC) meeting. It fell $1000 as Federal Reserve Chairman Jerome Powell res...
Fed Readies March Interest Rate Hike To Fight Inflation Surge Despite Stock Market Plunge
Topline In an effort to combat a decades-high surge in inflation, the Federal Reserve will move to raise interest rates “soon,” officials said at the end of a two-day policy meeting Wednesday—a largel...
Federal Reserve points to interest rate hike coming in March
Facing both turbulent financial markets and raging inflation, the Federal Reserve on Wednesday indicated it could soon raise interest rates for the first time in more than three years. In a move that ...
Stocks Jump After Federal Reserve Confirms March Interest Rate Hike To Fight Surging Inflation
Topline The stock market ticked higher on Wednesday after the Federal Reserve reassured investors that it would “soon” begin raising interest rates in March as it looks to combat a decades-high surge ...
Bitcoin, Stocks Jump on Interest Rate Held at Near Zero – Trustnodes
Bitcoin rose by close to $1,000 to near $39,000 following a statement by the Federal Reserve Banks (Fed). They are speculated to raise interest rates by 0.25% this March, lower than the 0.5% some expe...
Fed will raise its policy interest rate above the inflation rate ‘sooner rather than later,’ says ex-governor Quarles who resigned last month
Former Federal Reserve Governor Randal Quarles said Tuesday that he thinks the Fed will move swiftly to raise its policy interest rate above the inflation rate because that is the only way to defeat i...
USD/CAD sits and waits ahead of the BOC interest rate decision
The USD/CAD pair moved sideways ahead of the latest Bank of Canada (BOC) and Federal Reserve interest rate decision. The pair is trading at 1.2600, which is slightly above last week’s low of 1.2462. B...
Struggling Bitcoin (BTC) to Profit From FED Rate Hikes: Research
Following reports that the US Federal Reserve is considering increasing interest rates, the crypto market recorded significant losses with crypto assets such as bitcoin experiencing sudden drops in th...
Retailers’ average return rate jumps to 16.6% as online sales grow
Miami, Doral, IKEA exchange and returns elevators. Jeff Greenberg | Universal Images Group | Getty Images As shoppers buy more online during the pandemic, they are also returning a larger portion of c...
Home prices surged in November, but at a slower rate, S&P Case-Shiller says
A “For Sale” sign is seen outside a home in New York. Shannon Stapleton | Reuters Even as the housing market entered its traditionally slower season in November, home prices showed big gai...
The Federal Reserve is likely to signal a March rate hike
U.S. Federal Reserve Board Chairman Jerome Powell speaks during his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington, U.S., January 11, ...
Bitcoin Dominance Rate Rallies, Leaving Altcoins Behind
The Bitcoin dominance rate (BTCD) has been moving upwards since Jan 16 and has reclaimed a crucial horizontal area in the process. Since May 18, 2021, Bitcoin dominance had been trending above the 40%...
UBS Warns of a Crypto Winter, Expects Fed Rate Hikes and Regulation
A recent report by UBS, Switzerland’s largest bank, has warned about a crypto winter in which prices drop and may not recover for years. According to the bank’s analysts, several key factors affect cr...
Bitcoin down 50% amid fear of Fed’s hawkish rate hikes
This year has been nothing short of a blood bath for bitcoin. The market has not seen a bitcoin (BTC) price this low since July last year. Corrections in 2017, and early 2021 were much shallower – bet...
UBS Warns of Crypto Winter Amid Expectation of Fed Rate Hikes and Regulation – Markets and Prices Bitcoin News
UBS, Switzerland’s largest bank, has warned about a crypto winter where prices crash and may not recover for years. The bank’s analysts explained several major reasons affecting the prices of cryptocu...
Inflation surge could push the Fed into more than four rate hikes this year, Goldman Sachs says
U.S. Federal Reserve Board Chairman Jerome Powell attends his re-nominations hearing of the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill, in Washington, U.S., January 11, 2022. ...