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Fed Pauses Rate Hikes, Cuts Treasury Redemption Cap as Tariff Effects Loom
19.3.2025
The U.S. central bank opted to hold the federal funds rate steady within the range of 4.25% to 4.50%, emphasizing that “inflation remains somewhat elevated.” Powell Highlights Tariff Challenges in Economy, Fed Adjusts Financial Strategy Simultaneously, the Federal Reserve announced a strategic...
Bhutan’s Sustainable Bitcoin Mining Fuels Salary Hikes, Healthcare Initiatives
6.3.2025
Bhutan has quietly amassed nearly $1 billion in bitcoin reserves through sustainable hydroelectric mining, using the cryptocurrency to fund public services and positioning it as a strategic financial model for nations grappling with economic instability. How a Himalayan Kingdom Turned Bitcoin Into...
Fears of Price Hikes Fuel Bulgarian Euro Protests
24.2.2025
Thousands of ultra-nationalist Revival party supporters in Bulgaria clashed with police while attempting to storm an EU mission building in Sofia, protesting the country’s planned euro adoption in 2026. The demonstrators, fearing economic instability and loss of sovereignty, threw projectiles...
US Inflation ‘Nightmare’ Remains Sticky as January Price Hikes Unsettle Markets
12.2.2025
Fresh economic indicators from the U.S. Bureau of Labor Statistics reveal persistent inflationary pressures, with January’s pricing trends for household staples and essential services climbing 0.5% above December’s figures. Something Has Got to Give—Stubborn Inflation and Record-Low Reverse Repo...
Bitcoin Steady, Gold Tokens Shine as XAU Hits Record High; Inflation in Tokyo Rises
31.1.2025
BTC takes a breather as Trump's tariff threat bodes well for gold, and the uptick in Tokyo inflation supports BOJ rate hikes
Dogecoin (DOGE) Hikes 3.4% as Whales Accumulate 270M Tokens
24.12.2024
The biggest meme coin, Dogecoin, surged to $0.33, a 3.4% hike in the last 24 hours, following the…
First Mover Americas: Bitcoin Tests $64K as BoJ Pauses Rate Hikes
20.9.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 20, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bank of Japan Governor Hints at More Rate Hikes; BTC Drops 0.4%
3.9.2024
The divergent monetary policy paths of the BOJ and the Fed mean potential for yen strength and pain for risk assets, including cryptocurrencies
Latam Insights: Bukele Used Bitcoin as a Rebranding Tool; Bitcoin Mining Companies Stop Operating in Paraguay After Power Fee Hikes
2.9.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: Salvadoran President Nayib Bukele acknowledges that bitcoin rebranded the country, some bitcoin mining companies have stopped operating in Paraguay after...
9 Bitcoin Mining Companies Suspend Activities After Power Fee Hikes in Paraguay
27.8.2024
Nine Bitcoin mining companies have suspended their operations after the power fee hikes affecting high-consumption customers in Paraguay. According to data provided by the National Power Administration of Paraguay (ANDE), these companies had their service terminated due to the interruption of their...
Paraguay’s President Dismisses Complaints About Power Fee Hikes From Bitcoin Mining Companies, Asserts High Interest Remains
24.7.2024
Santiago Peña, the President of Paraguay, recently dismissed the complaints that bitcoin mining farm operators have voiced against the power fee hikes that ANDE has enacted for these activities. Peña stated that these price increases don’t need to be consulted with the operators and that more...
Apex Legends Piles Up 10,000 Negative Steam Reviews As Players Fight Price Hikes
16.7.2024
Apex Legends has, over the years, been a bit of a hotbed for EA’s penchant for greed. In the past, Apex Legends has faced controversy over numerous collections and cosmetics hidden behind notably expensive microtransactions. . Now, EA’s reworking of the battle pass has landed the game in unusually...
Dozens Killed in Riots as Kenya Revolts Against Tax Hikes, Calls for Presidential Resignation
29.6.2024
Dozens of citizens were killed in Kenya as a result of riots seeking to protest the possible signing of a bill that would approve tax hikes on daily services and items, such as internet and fuel, in a plan to raise an additional $2.7 billion in revenue. The protests, led mostly by young Kenyans...
US Banking Sector Teeters: $517B Unrealized Losses, 63 Troubled Institutions Flagged
4.6.2024
U.S. banks reported an alarming increase in unrealized losses and a growing list of institutions at risk of failure in the first quarter of 2024, according to the latest U.S. Federal Deposit Insurance Corporation (FDIC) data. The FDIC report highlights $517 billion in unrealized losses...
Billionaire Barry Sternlicht Foresees Banks Failing Every Week in US
12.5.2024
Barry Sternlicht, CEO of Starwood Capital Group, has voiced concerns about the vulnerability of regional and community banks in the U.S. to high interest rates and inflation, particularly amid the commercial real estate downturn. He forecasted frequent failures of these banks, predicting:...
Bitcoin Price Prediction as BTC Is Back Above $60,000 Before the Weekend – Bullish Week Incoming?
4.5.2024
Bitcoin surges past $63,200, boosted by halted rate hikes and fresh inflows into ETFs, suggesting a bullish trend ahead as market cap hits $2.36 trillion.
The post Bitcoin Price Prediction as BTC Is Back Above $60,000 Before the Weekend – Bullish Week Incoming? appeared first on Cryptonews
Peter Schiff Warns High Inflation Returning — Accuses JPMorgan CEO Jamie Dimon of Sugarcoating the Problem
10.4.2024
Economist and gold bug Peter Schiff has warned that high inflation will return with a vengeance and significant Fed rate hikes will be necessary. He also criticized JPMorgan CEO Jamie Dimon for downplaying the severity of the U.S. economic situation. However, he conceded that Dimon’s...
Fed Governor Bowman Insists High Inflation Could Necessitate Future Rate Hikes
7.4.2024
Inflation in the U.S. has remained persistent, experiencing increases in the first two months of 2024, prompting members of the U.S. Federal Reserve to exercise caution against premature rate reductions. Federal Reserve Governor Michelle Bowman has voiced considerations for elevating interest...
MakerDAO Approves Emergency Fee Hikes in Response to DAI Stability Concerns
11.3.2024
BA Labs submits an emergency rate adjustment proposal in the MakerDAO forum to raise fees, aiming to stabilize DAI against market turbulence and shrinking reserves.
The post MakerDAO Approves Emergency Fee Hikes in Response to DAI Stability Concerns appeared first on Cryptonews
Bitcoin Price Prediction: FOMC Optimism & Spot ETF Buzz Lift BTC to $42,750
14.12.2023
The digital currency landscape is abuzz as Bitcoin’s price soars to $42,777, marking a significant 4% increase on Thursday. This rally is buoyed by a wave of optimism following the Federal Reserve’s latest FOMC meeting, which indicated a dovish stance on future rate hikes, and sparked...