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Search Results for: inflation

Crypto Market Reacts Positively as Fed Raises Interest Rate by 25 BPS

In its most recent meeting, the Federal Reserve Board decided to increase interest rates by another quarter of a percentage point. At this meeting, the Fed implemented its smallest interest rate rise since March 2022, signaling a moderation in the pace of its rapid tightening throughout 2022. As the Fed

February 2, 2023 1 min read

Betts Recruiting Launches First-of-Its-Kind Utility Crypto Token – RecruitCoin

Leading tech recruiter revolutionizes the recruiting industry by leveraging the power of blockchain technology and cryptocurrency to incentivize its talent network Members of the Betts Connect network will accumulate cryptocurrency based on participation and engagement NEW YORK–(BUSINESS WIRE)–Betts Recruiting (“Betts”), the leading technology recruitment firm in the go-to-market space, announced

February 1, 2023 4 mins read

Bitcoin Selling at 60% Premium in Nigeria Amid Cash Withdrawal Cap

As the central bank of Nigeria has been actively encouraging its people to switch to digitalized currency, the price of Bitcoin premium in the country has risen to unsustainable heights. The current price of one bitcoin on the Nigerian cryptocurrency market NairaEX is 17.8 million Naira, or $38,792. Compared to

January 30, 2023 1 min read

Axway Software: Upward Revision of 2022 Annual Targets

PARIS–(BUSINESS WIRE)–Regulatory News: Axway (Paris:AXW) today announces an upward revision of its organic growth and profitability guidance for the fiscal year ended December 31, 2022. While the company will present its detailed annual results on February 22, 2023, as planned, current unaudited estimates indicate that the previously communicated targets for

January 26, 2023 3 mins read

Intuit TurboTax Releases TurboTax Tax Trends Report

Report reveals Millennials and Gen Z continue to lead the charge in job-hopping, while cryptocurrency transactions were highest among mid-20 and 30-somethings SAN DIEGO–(BUSINESS WIRE)–TurboTax, from Intuit (NASDAQ: INTU), the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks and Mailchimp, releases the TurboTax Tax Trends Report, providing a

January 25, 2023 4 mins read

IMF Authorities Warn of Crypto Impact on Conventional Markets

Global policymakers are becoming more concerned about the unpredictability of cryptocurrency markets. IMF officials Nobuyasu Sugimoto, deputy division chief of the division of financial supervision and regulation, and Bo Li, deputy managing director of the IMF, issued a warning on the potential impact of cryptocurrency market volatility on the global

January 21, 2023 2 mins read

Bitcoin (BTC) Miners Are Again Making A Profit

The crypto market pioneer Bitcoin (BTC) is surging steadily. The coin has crossed over the $22K limit after four long months. BTC is currently trading at $22,624 at the time of writing. And it is to remember that last time the crypto was in the $22K range during September 2022

January 21, 2023 2 mins read

Serum (SRM) Price Outbreak Over 60% in the Last 24-Hours

Serum price surged today to $ 0.45 with a 24-hour trading volume of $1,128M, the market cap of $120M, and market dominance of 0.01%. The SRM price increased over 60% in the last 24 hours. Serum’s highest price was recorded on Sep 11, 2021 when it was trading at its all-time

January 15, 2023 2 mins read

Crypto Market Rallies as U.S CPI For December Falls to 6.5%

The Consumer Price Index for December showed a gain that was in line with expectations, at 6.5%. The December CPI numbers were recently issued by the US Bureau of Labor Statistics. Minutes before the report was released, the cryptocurrency market was modestly positive, with most assets trading in the green.

January 12, 2023 1 min read

The Bull Market Could Last for the Next Few Months, Says Jim Cramer

Since the beginning of the new year, the global financial market has witnessed a notable bullish momentum. Despite the current uptrend conditions, Jim Cramer, the host of CNBC’s Mad Money and an author, issues a new alert regarding the market upswing. Using charts created by Larry Williams, a well-known market

January 12, 2023 2 mins read