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

2 weeks ago 2 mins read

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

3 weeks ago 2 mins read

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

3 months ago 2 mins read

 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.

2 weeks ago 2 mins read

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

2 weeks ago 2 mins read

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

3 weeks ago 2 mins read

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

1 month ago 2 mins read

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

2 months ago 2 mins read

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

2 months ago 2 mins read

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

2 months ago 2 mins read