Tag Archives: fed

The bitcoin price has been going through some tough times in the month of May. The currency has been trading in the high $30,000 range after several market factors – including rumors that the Fed was going to hike rates and growing conflict in eastern Europe between Ukraine and Russia – took the world’s number one digital currency by market cap down nearly 50 percent from its November 2021 high. At that time, BTC was trading at nearly $70,000. The Fed Won’t Hike Rates...

With the price of bitcoin dropping even further and further down (at the time of writing, the world’s leading digital asset is trading for just under $38,000), many are wondering what kind of rough factors await the crypto space. How Much Lower Will Bitcoin Go? 2022 has been a rough year for BTC and its altcoin cousins, especially when one considers the fact that roughly six months ago, the granddaddy of all crypto was trading for about $30,000 more than where it...

Leave it to the Fed to say something stupid that ultimately brings down the prices of bitcoin and many of its altcoin cousins. The world’s number one digital currency is now trading for just over $40K at the time of writing after Jerome Powell of the Federal Reserve commented that the agency is looking to hike rates again next month as a way of combating inflation. The Fed Will Hike Rates Again In addition to bitcoin, assets like Ethereum fell by more than five percent,...

Bitcoin has shot up beyond the $40,000 mark once again. This goes against what everyone has been saying for several weeks – that another rate hike instituted by the Fed will cause the world’s number one digital currency to fall drastically. The Fed Has Pushed Rates Higher Along with BTC By contract, bitcoin – which has been trading for around $39,000 – has now moved beyond $40K and is likely to incur even more jumps in the coming days. The Fed initiated another big...

Robert Kiyosaki – the famed author of the bestselling book “Rich Dad, Poor Dad” – says that a major market overhaul is coming, and that those who do not own bitcoin will likely experience harsher economic circumstances than those who do not. Robert Kiyosaki on the State of the Economy In a recent interview, Kiyosaki – known for his prowess as a financial guru over the past 20 years – stated that the Federal Reserve is ruining the American economy by overprinting the U.S....

The number of digital wallets containing more than 1,000 bitcoin units has grown to an all-time high. According to the Bitcoin Rich List, roughly 2,190 separate wallets contain 1,000 units of bitcoin or more each, which makes sense considering the circumstances that have surrounded the world’s most popular – and largest – cryptocurrency by market cap as of late.A High Number of Growing Bitcoin WalletsAs it stands, more and more people are beginning to view bitcoin in a positive light. In...

The Fed has announced that it will be purchasing corporate bonds and ETFs, and the crypto community isn’t too happy about the decision.The Fed Comes to the Rescue Again?The choice comes following economic turmoil as the coronavirus has forced the United States – and several regions abroad – to shut down its businesses and operations so that people can avoid contracting the illness. The shutdown was designed to slow the spread of the virus, but now that things are opening up, the media...

Die Demokraten, die im US-Repräsentantenhaus über die Mehrheit verfügen, zeigen sich sehr offen für die Möglichkeit zukünftige Helikoptergeldzahlungen digital vorzunehmen. Federal Reserve übt Zurückhaltung In der Vergangenheit zeigte sich die amerikanische Notenbank wenig überzeugt von der Option, Echtzeit-Überweisungen mithilfe einer Digitalwährung zu ermöglichen. Hatte sich der amerikanische FED-Chef Jerome Powell zuletzt offener für die Möglichkeit digitaler Transaktionen...

JPMorgan Chase (JPM) stock price remained in the neutral territory today in the pre-market as strategists say that the worst is over for the financial markets. As the trading opened, JPM started falling.JPMorgan Chase & Co (NYSE: JPM) stock remained neutral during the pre-market. Sources say that the banking behemoth’s stock prices seemed to hold steady as many expect the U.S. economy to go into a recession.This period of negative growth has been expected for the past month or so. This...

Well, the jobless figures and the economic outlook seem pretty bleak for the coming few quarters amid coronavirus, here is how the market is reacting to the situation. Is any further damage already priced-in?On Thursday, March 26, Dow Jones surged 6.38% closing the day 1351 points higher at 22,552 levels. This has been the index’s biggest 3-day surge since 1931. Just in the last three days, Dow has added nearly 4000 points to its rally.However, it was all surprising to see the markets rally...