Mon, April 28

Fed Anticipated To Raise Interest Rates by 75 Basis Points

The interest rate hike has previously affected cryptocurrencies badly. Bitcoin and Ethereum both saw price drops in September after the hike. The WSJ reported on Oct. 21 that US Federal Reserve officials may be planning an additional interest rate rise of 75 basis points. The article also indicated that authorities

October 22, 2022 2 mins read

Markets in Downfall With Massive Liquidity Outdraw

Friday stock market closing depicted around $930 billion liquidity in total. The number of people unemployed or seeking jobs remains 3.5% lower than the projected rate. The global market, both crypto, and the stock have trampled down post the U.S employment rate release. The current rate is alike to the

October 8, 2022 1 min read

Market Hawkishness Likely to Reduce Post U.S Jobless Claims

A surge in new unemployment claims may spark a cryptocurrency bull run. The cryptocurrency market’s future is being set by the state of the economy as a whole. Initial weekly unemployment claims data for this week have been provided by the US Department of Labor. The initial jobless claims increased

October 7, 2022 2 mins read

United Nations (UN) Urges Fed to Halt Interest Rate Hikes

At its next meeting on November 4, the Fed will determine the next interest rate hike. Fed’s rate hikes this year will have a negative impact on developing nations. The United Nations has urged the Federal Reserve and other central banks to halt their interest rate hikes. To counteract growing

October 4, 2022 2 mins read

Resurgent Strength of USD Negatively Affects Crypto Market

The dollar’s appreciation may be attributed to the Federal Reserve raising interest rates. As the supply of dollars dwindles, investors will have less money for riskier assets. Bitcoin is struggling to compete against the US currency. On Friday, the dollar index (DXY), which tracks the value of the dollar relative

September 25, 2022 2 mins read

Stablecoin Bill Has a Narrow Chance to Pass By 2022 End

The draft for regulation bill is in circulation among the U.S Representatives. The inclusion of stablecoins in the major payment portals makes it very common. U.S House of Representatives will slightly implement the regulatory bill on stablecoin by the end of 2022. The talk about the regulation draft came to

September 23, 2022 2 mins read

All Eyes on U.S Federal Reserve Over Interest Rate Hike

Macro concern keeps the Bitcoin price below the $20,000 mark. Wall Street anticipates a rate rise of 75 basis points from the Federal Reserve this month. The U.S. Federal Reserve is expected to raise interest rates by 75 basis points during today’s FOMC meeting (September 21). As the Federal Reserve

September 21, 2022 1 min read

Robert Kiyosaki Recommends Investors to turn on Bitcoin

Kiyosaki says the Federal Reserve will destroy the American economy by raising interest rates. The Federal Reserve is widely anticipated to increase interest rates by 75 basis points. American businessman and author, Robert Toru Kiyosaki has again come up with support for cryptocurrencies. In a recent tweet, he claimed that

September 19, 2022 1 min read

Cryptocurrency Prices Fumble as CPI Figure Not Favorable

For the cryptocurrency market, poor CPI data is bad news. Bitcoin is now trading at $20,825, down from above $22k. Recently, the CPI was revealed. The Consumer Price Index shows a YoY rise of 8.3% and an MoM change of 0.1%. The cryptocurrency market expected much higher volumes. It was

September 13, 2022 2 mins read

Elon Musk Says Interest Hike by Fed Risks of Deflation

On September 21st, 2022, the Federal Reserve Board will determine the next hike. Economist Peter Schiff is sounding the alarm about imminent hyperinflation. Elon Musk, CEO of Tesla and SpaceX, has issued a grave warning for the American economy. Musk claims that deflation will occur if the Federal Reserve raises

September 10, 2022 2 mins read