Search Results for: recession
U.S GDP Declines by 0.9% in Second Quarter 2022, Recession?
National Bureau for Economic Research (NBER) is scheduled to analyze the statistics. The Federal Reserve raised interest rates by 75
Fearful Impact of Global Recession on Crypto Market
According to the IMF, the economy dropped from 6.1% last year to 3.2 %in 2022. The crypto market dropped below
The ‘Big Short’ Famed Michael Burry Warns of Looming Recession
The US economy might fall into recession if interest rates continue to rise. The subprime mortgage crisis of 2007 and
Binance CEO CZ Concerned Over New Protection Policy
The value of top cryptocurrencies gained despite U.S. Federal Reserve’s announcement. Turkey’s central bank forbade cryptocurrency payments in April 2021.
Binance CEO Changpeng Zhao Optimistic of Crypto Sector
CZ relied on a shared knowledge of the market and its dynamics. It was Changpeng Zhao’s initiative to advocate for
U.S Federal Reserve Raises Interest Rates by 75 Basis Points
Consumers and companies are likely to reduce their borrowing and spending. The central bank had predicted an interest rate increase
Social Media Sentiment Positive Indicating Bullish Momentum Ahead
Inflation figures for June will be released by the US Labor Department this week. Economists predict that the CPI would
Following Aftermath of Recent Slump Bitpanda Announces Workforce Layoff
The firm is it is cutting its workforce from 1,000 to 730. The rapid pace of recruiting was a miscalculation
Deutsche Bank CEO Foresees an Inflation Increase
Germany and Russia have higher inflation rates in the upcoming years. Inflation is the biggest poison for the world economy
Federal Reserve Interest Rates Hike by 0.75% Dampen Bitcoin Recovery Further
For the economy to go forward, Powell said that inflation has to level off. Michael Saylor has justified the company’s
TheNewsCrypto is an online media publication that helps to educate readers about news, exchanges, and markets in the crypto and blockchain industry.