Fri, November 15

Search Results for: inflation

U.S Senators Urge Fed to Cut Interest Rates Ahead of FOMC Meeting

Elizabeth Warren, Jacky Rosen, and John Hickenlooper—three U.S senators—recently wrote to Federal Reserve Chair Jerome Powell, urging him to lower the Fed interest rate. At 5.5%, the current interest rate set by the Fed is the highest level in two decades. High borrowing rates, according to the senators, are making

June 11, 2024 1 min read

Crypto Market Reawakening Amid Global Interest Rate Cuts, Says Arthur Hayes

The crypto bull market is “reawakening” according to Arthur Hayes, the former CEO and co-founder of BitMEX who now runs Maelstrom. This comes after interest rate cuts announced this week by the Bank of Canada and the European Central Bank. The Bank of Canada dropped interest rates by quarter of

June 9, 2024 1 min read

47% of US Voters Plan to Add Crypto to Their Portfolios as per Recent Survey

A recent Harris Poll study of American voters indicated that inflation and geopolitical worries have made more and more people resort to Bitcoin. The poll, which was sponsored by Bitcoin ETF issuer Grayscale, found that one-third of American voters will think about a candidate’s position on cryptocurrency before casting their

June 3, 2024 2 mins read

EOS Network Adopts Revolutionary Tokenomics Model, Marking a New Era

The EOS Network Foundation (ENF) is excited to announce that EOS Network has approved a revolutionary new tokenomics model that will boost the ecosystem’s economic potential and usher in a “New Era” for EOS. The #EOS Network Block Producers have reached a super majority consensus to approve the new tokenomics

May 31, 2024 3 mins read

Investors Eye Fed Speeches This Week for Clues on Rate Hike Decisions

One of the most talked-about U.S. Spot Ethereum ETFs got the go light from the SEC last week, setting off a chain reaction in the cryptocurrency market. Notably, last week, as optimism grew, Bitcoin and most altcoins rose. It seems that investors’ trust in the digital assets market has been

May 26, 2024 1 min read