The Nasdaq Composite is now down about 8.0% since the start of the year on fears of inflation and rate hikes, but Ally Invest’s Lindsey Bell says the sell-off is unlikely to continue. Bell&rsquo...
Tag: Rate
Bitcoin Approaches Death Cross as Goldman Foresees 4 Fed Rate Hikes This Year
They call it bitcoin’s “death cross” – a bearish indicator which appears when the 50-day moving average (MA) dips below the 200-day MA. The ominously-named chart pattern looks set to be confirmed this...
Shiba Inu Profitability Rate Drops to 44%, Making Token Unprofitable for Majority of Holders
Arman Shirinyan Most Shiba Inu holders are now at loss after 62% correction Contents SHIB becomes unprofitable Shiba Inu’s path on the market The notorious Shiba Inu meme-token has officially en...
U.S. Inflation Rate Is Probably Going to Spike Again: Eco Week
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg U.S. inflation probably hit the fastest in four decades, h...
Forget Fed Rate Hikes. How It Handles Its $9 Trillion in Assets Is What Really Matters.
Federal Reserve Board Chairman Jerome Powell, shown late last year at a House hearing, faces some big policy decisions this year. Brendan Smialowsky/AFP/Getty Images Text size If there is one takeaway...
Kazakhstan internet outage drops Bitcoin hash rate, Samsung enters Decentraland | Daily News| OKEx Academy
Also this week, a report from Chainalysis indicates that legitimate cryptocurrency usage is far outpacing illicit activity. New year, same blockchain and cryptocurrency industry — which hasn’t lacked ...
Three Ethereum Rivals Are Growing at an Unprecedented Rate, Rising Faster Than ETH Itself: Report
While the crypto markets experience a rough start to the new year, several competitors of leading smart contract platform Ethereum (ETH) are moving full steam ahead. In a new annual developer report, ...
Bitcoin Dominance Rate (BTCD) Breaks Down Below 2021 Lows
The Bitcoin dominance rate (BTCD) has been decreasing since Oct 2020 and reached its lowest value since 2018 on Jan 3, 2022. BTCD had been trading above the 40% horizontal support area since May 2021,...
Go With The FED, Why Bitcoin Could Benefit From Interest Rate Hikes
Bitcoin is close of ending its first week of the year in the red, as the crypto market took another blow and sits at critical support. The benchmark crypto records a 7.3% loss in 24 hours, trading at ...
This is how investors can prepare for the upcoming rate hikes
The U.S. Federal Reserve is now expected to start raising rates as early as March, and RBC Capital Markets’ Lori Calvasina says Energy and Financials could be promising bets in such an environme...
Bitcoin Falls Below $44K, Attributed to the Fed Plans to Raise Interest Rate in March
Starting in 2022, the leading cryptocurrency Bitcoin has been consolidating between $46,000 and $49,000 ever since. Just as the U.S. Federal Reserve announced that there is a high probability that it ...
Major Cryptocurrencies—Including Bitcoin, Ethereum—Plummet After Fed Minutes Signal Looming Interest Rate Hikes
Topline The value of bitcoin, ethereum and other major cryptocurrencies plummeted Thursday after minutes from the Federal Reserve’s latest meeting signaled a possible shift towards more aggressive act...
Shiba Inu Launched Its Blockchain as in Adoption Rate Wobbles
Shiba Inu has announced the upcoming release of Shibarium, a new two-Layer solution. Shibarium will have features like speedier transactions, comprehensive governance, and an environmentally friendly...
Heaviest Tech Selling in a Decade Fueled Stock-Market Rate Rout
(Bloomberg) — The hammering in technology stocks that began to spread into the broader market Wednesday is being fueled by one of the most intense bouts of selling by professional speculators si...
Ethereum’s Low Median Fees Triggering more Utility, Burn Rate Stands at 6.16 ETH Per Minute
Ethereum (ETH) recently experienced a bullish momentum that drove the price above $3,900 for the first time in 2022. One of the contributing factors is that utility is rising thanks to low median fees...
Bitcoin Falls 5% as Fed Confirms Interest Rate Hikes
Key Takeaways BTC fell by roughly 5% today, while ETH and the remainder of the crypto market saw losses of upward of 6%. Those losses coincide with similar but more moderate losses in the stock market...
Kazakh government resigns, shuts down internet amid protests, causing Bitcoin network hash rate to tumble 13.4%
On Wednesday, Kazakhstan, the second-largest country in the world when it comes to Bitcoin (BTC) mining hash rate, experienced unprecedented political unrest due to a sharp rise in fuel prices. As a r...
Bitcoin, Ethereum and Stock Prices Fall as Fed Readies Interest Rate Hike
“Buy the dip!” Bitcoin proponents will tell you. But how do you know when BTC is done dipping? The price of Bitcoin is down again, shedding over 6% of its price tag in 24 hours. Since Dece...
Stocks Tumble as Fed Minutes Confirm Rate Hikes Are Coming
Text size Interest rate hikes are coming. The stock market is taking note. Karen Bleier/AFP/Getty Images Stocks fell Wednesday after the minutes from the last FOMC meeting confirmed that the Federal R...
Shiba Inu Finally Wants To Drop The MemeCoin Tag With The Launch Of Its Own Blockchain As Adoption Rate Wobbles ⋆ ZyCrypto
Advertisement     Shiba Inu has announced the impending launch of a new Layer 2 solution called Shibarium. Shibarium is expected to provide SHIB users with new functio...
The Bitcoin Hash Rate Reaches New All-Time
The year started on a rather bland note, far below the bold predictions made by several notable Bitcoin proponents in terms of BTC’s price. While 2021 was quite impressive, the cryptocurrency market e...
Bitcoin network turns 13, celebrates with new hash rate all-time high
Today marks the 13th year since Bitcoin (BTC) creator Satoshi Nakamoto mined the genesis block or block 0 of the Bitcoin network, and for the first time mined a reward of 50 BTC back on Mon, 2009. Fas...
Wharton’s Professor Warns About Inflation, Predicts Many Rate Hikes, Says Bitcoin Has Replaced Gold for Millennials – Economics Bitcoin News
A finance professor at the Wharton School of the University of Pennsylvania has warned about inflation and the Fed hiking rates many more times than the market expects. He also said that bitcoin has b...
BTC Hash Rate Hits All-Time High
The computing power on the bitcoin network has increased by a staggering amount due to the geographic relocation of miners, and new mining equipment. The new year has courted an explosion in bitcoin h...
USD/CAD Exchange Rate Prediction – The Dollar Drops and Declines for the Year
The dollar eased against the loonie, dropping sharply and falling near 1% for the week. The decline in the greenback put the U.S. currency lower against the Canadian dollar for the year U.S. yields we...