FOMC Hikes Benchmark Interest Rate by 25 Basis Points to 5.25%-5.50%
Following a fast 20% rally beginning in mid-June mostly thanks to excitement surrounding BlackRock’s filing for a spot Bitcoin ...
Tag: Hikes
MakerDAO Hikes DAI Savings Rate, Ousts Paxos Dollar, Curbs Gemini Dollar in Reserve
The move could redefine baseline interest rates in the DeFi space, spurring higher stablecoin lending rates and making leverage ...
Bitcoin BTC Price Holds Near $25K as Investors Remain Upbeat About Inflation Data, Fed Rate Hikes
Ether was changing hands just above $1,700, about where it stood on Monday, same time. The second largest cryptocurrency ...
Federal Reserve Hikes US Rate 50 Basis Points, Slowing Pace but Keeping Hawkish Outlook
The U.S. central bank raised its benchmark interest rate to a range of 4.25%-4.5% on Wednesday. Officials now expect ...
November Jobs Report Due Friday as the Fed’s Powell Confirms Slower Pace of Rate Hikes
Equity markets soared on the news, led by the Nasdaq’s 4.5% advance. Bitcoin (BTC) rallied as well, briefly topping ...
Bitcoin Price Climbs As Fed Meeting Suggests Slowing Down Interest Hikes
Bitcoin and its fellow crypto assets made a little recovery today that helped the market capitalization of the entire ...
Bitcoin Jumps Briefly After Fed Minutes Show Officials Favor Slower Rate Hikes
The majority of Federal Reserve officials thought slower rate hikes would be appropriate soon. It is still unclear how ...
As Crypto Market Sees Smaller Rate Hikes From December, Major Banks Warn ‘Slower Doesn’t Mean Lower’
Lee Hardman, currency analyst at MUFG Bank, said in Tuesday's client note, "If the Fed does slow the pace ...
Bitcoin Miner CleanSpark Hikes 2022 Hashrate Guidance by 10%
The miner now sees year-end computing power at 5.5 exahash per second (EH/s) Source link
IMF’s Georgieva Warns Central Banks to Hoard Reserves, Follow Fed Hikes
Because the U.S. dollar is the world’s reserve currency, the Federal Reserve is by default “the central banker to ...
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