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Bank of Canada Signals Pause to Rate Hike Cycle
25.1.2023
Bitcoin is mostly ignoring the news, but it's a potentially bullish sign
BendDAO sees an immense hike with over 423 MAYC and 94 Doodles NFT
23.1.2023
The BendDAO has witnessed an extraordinary hike in Mutant Ape Yacht Club NFTs and Doodles NFTs. The BendDAO, on its own terms, happens to be an NFT liquidity protocol. It is actively engaged in the backing of instant NFT-backed loans and in Collateral Listings. There also happens to be the matter...
Jeff Booth Warns of Debt Deflation If Federal Reserve Keeps Hiking Interest Rates
16.1.2023
The author of “The Price of Tomorrow,” Jeff Booth, has warned about debt deflation, calling it a “great depression on steroids,” if the Federal Reserve continues to hike interest rates. He believes that eventually the Fed “will be forced to pivot.” Jeff Booth...
Meta Masters Guild Crypto Presale Raises $200k – Only 5 Days Left to Benefit From 42% Price Hike
15.1.2023
The latest play-to-earn games platform, Meta Masters Guild, has raised $200,000 from eager investors just four days after its presale began.
The project styles itself a guild and its mission is to become the go-to ecosystem for mobile-centric play to earn games.
Interest in crypto gaming...
The Fed Will Keep Focusing on Crypto — Fed Governor Says ‘We Do Not Want to Hinder Innovation’
12.1.2023
Federal Reserve Governor Michelle Bowman says while “cryptocurrency activities can pose significant risks,” the Fed does not want to “hinder innovation.” She added: “By inhibiting innovation, we could be pushing growth in this space into the non-bank sector, leading...
Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says
22.12.2022
Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central Bank (ECB) has indicated. His statements follow the latest rate increase announced by the monetary authority last week and revised projections showing higher than...
'Forget a pivot' — markets won't see Fed rate cut boost in 2023, says analyst
20.12.2022
Bitcoin, stocks or else, there is now no light at the end of the Fed rate hike tunnel in 2023, says Jim Bianco
Bitcoin, Ethereum Technical Analysis: BTC Below $17,000, as ETH Nears $1,200 Breakout
16.12.2022
Bitcoin fell below $17,000 on Dec. 16, as bearish pressure continued to intensify following yesterday’s disappointing U.S. retail sales figures. Sales in the United States were down by 0.6%, which news came less than 24 hours after the Federal Reserve moved to hike interest rates. Ethereum...
ECB Hikes Interest Rates by 50bps; Signals Need for Further Hikes to Fight Inflation
16.12.2022
The European Central Bank (ECB) decided to hike three of its key interest rates by 50 basis points (0.5%) as part of its ongoing war against inflation. The organization stated that further increases are likely to happen “because inflation remains far too high and is projected to stay above...
Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year
14.12.2022
The U.S. central bank’s Federal Open Market Committee (FOMC) convened on Wednesday and raised the federal funds rate by 50 basis points (bps). The 0.5 percentage point rise follows the four consecutive three-quarters of a point increases codified during the last few months. The FOMC’s...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Lower Ahead of US Inflation Data
12.12.2022
Bitcoin was trading under $17,000 to start the week, as markets prepared for a big week of economic announcements. U.S. inflation figures will be released tomorrow, and are expected to fall to 7.3%. Many believe this will give way to the Federal Reserve pivoting from its aggressive rate hike...
First Mover Asia: Bitcoin Holds Its $17K Perch Amid Rate Hike Concerns
7.12.2022
ALSO: Sam Reynolds writes that Asia is ready for a scaled up, crypto-friendly bank, particularly if the U.S. oversteps in regulating the industry following the recent FTX debacle
Starfield Will Be $70 As Microsoft Confirms New-Gen Price Hike
5.12.2022
Starting next year, Microsoft will raise the price of its first-party games from $60 to $70, joining other publishers and video game companies who are doing the same. Welcome to the era of the $70 game, folks. Read more
MakerDAO Community Votes to Hike DAI Rewards to 1%
1.12.2022
Some 71% of voters favored hiking the DAI Savings Rate to 1%, the highest option offered in the voting
Bitcoin sees worst monthly close in 2 years as traders watch $16.7K
1.12.2022
BTC price action strengthens into the November monthly candle close, but traders are already warning over getting too "cocky" on Bitcoin
Silver Rallies 7% Rising Past $20 per Ounce, US Mint Says Fabricators Are ‘Struggling to Keep up With Demand’
5.11.2022
On Friday, as the global cryptocurrency market cap jumped 5.4% higher against the greenback, U.S. stocks rallied toward the end of the day with the top four major stock indexes gathering gains. Precious metals also soared as the New York spot price of gold per troy ounce increased by 3.20%,...
Bank of England Hikes Repo Rate by 75bps — UK’s 30-Year Fixed Mortgage Rate Jumps to 7%
3.11.2022
On Nov. 3, 2022, the Bank of England followed the U.S. Federal Reserve by codifying the eighth consecutive benchmark bank rate hike by 75 basis points (bps). The increase brings the United Kingdom’s main lending rate to 3%, after a majority of the Monetary Policy Committee (MPC) members voted...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Lower on Thursday, After Hawkish Fed Rate Hike
3.11.2022
Bitcoin fell towards the $20,000 mark on Thursday, after the U.S. Federal Reserve once again moved to increase interest rates. The Fed hiked rates by 75 basis points (bps), as it chose to maintain its current hawkish policy. Ethereum, which initially surged on the news, was also lower...
Natural Gas Price Hike Hits Crypto Miners in Iran
3.11.2022
Companies using natural gas as a power source to mint digital currency in Iran will have to deal with a sharp increase in the price of the fuel. The new rates set by the state-run supplier are almost double the previous and have been imposed retroactively, local media reported. Iran Raises Tariffs...
First Mover Asia: Arbitrum Sees Transactions Skyrocket as Traders Anticipate Potential ‘ARBI’ Airdrop; Ether, Dogecoin Tumble Following FOMC Rate Hike
3.11.2022
Weekly transactions on Arbitrum have soared over 555% since August. Crypto traders see huge potential for the ecosystem