UN Warns Fed to Cool Inflation Hikes
A UN agency is urging the Federal Reserve to slow its increases in the federal funds rate to avoid recession. “We Must Change Course” The Federal Reserve needs to pump...
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Rich Dad, Poor Dad Author Believes Buying Bitcoin Now Will Make You Smile Later
The author of the best-seller believes the US Federal Reserve will continue to raise interest rates, which will ultimately push the prices of BTC, gold, and silver down even more.…
Janet Yellen’s Reign as US Treasury Secretary: Her Impact on Crypto
Janet Yellen – an American economist currently serving as the 78th US Secretary of Treasury – has displayed her anti-crypto position numerous times. During her 20-month reign, she has argued…
Stanley Druckenmiller Predicts Potential Crypto “Renaissance” if Central Bank Faith is Lost
Billionaire investor Stanley Druckenmiller said that crypto could make a comeback as citizens begin to distrust their central banks. The hedge fund manager sees this outcome as increasingly possible given…
Fed Chair Powell Sees ‘Real Need’ for More Appropriate Defi Regulation Citing ‘Very Significant Structural Issues’
Federal Reserve Chairman Jerome Powell says decentralized finance (defi) has “very significant structural issues,” emphasizing a “real need” for more appropriate regulation of the defi ecosystem. Fed Chair Jerome Powell…
Fed Chairman Confirms That A U.S. CBDC Would “Not Be Anonymous”
Federal Reserve Chairman Jerome Powell said that a central bank digital currency (CBDC) in the U.S. would “not be anonymous” during an event hosted by the Bank of France on…
British Pound Taps All-Time Low Against US Dollar Following BOE’s 50bps Rate Hike
The world’s oldest fiat currency, the British pound sterling, slid to an all-time low against the U.S. dollar at a little after 1 a.m. (ET) Monday morning. At the time,…
Ethereum risks another 10% drop versus Bitcoin as $15.4M exits ETH investment funds
Macroeconomic factors and centralization concerns are putting pressure on Ethereum's price post-Merge.
Jerome Powell is prolonging our economic agony
Jerome Powell is lengthening economic pain by refusing to raise interest rates at the necessary pace. It’s time to rip off the band-aid.
Bitcoin, Ethereum and altcoins hold intraday gains after Fed hikes interest rates by 0.75%
In addition to a 0.75% basis point hike, the Federal Reserve also set its 2022 target interest rate at 4.4%, leading Bitcoin analysts to forecast further downside for BTC.
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