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Jim Crame is back at it again with yet another U-turn in terms of his cryptocurrency stance. He called bitcoin and altcoins speculative assets and warned individuals to refrain from…
BTC trades in the lower-end of its 76-day range, but analysts say future Fed actions and record-high open interest increase the possibility of future “deleveraging events.”
The U.S. inflation narrative shifts away from ease-of-control in what could further pressure risk asset performance.
The selling pressure in the Bitcoin market is not as bad as it was during the Terra and Three Arrows Capital crises.
With the US Federal Reserve firming up its ante against inflation and dismissing discussions about any softening of monetary policy. JPMorgan’s chief global strategist, David Kelly, has made some suggestions…
Brian Brooks – Chief Executive Officer of the crypto infrastructure provider Bitfury – thinks the Federal Reserve’s approach to tackling inflation is one reason for the current downturn. He also…
The U.S. Federal Reserve says that it will introduce its instant payments service, FedNow, by next summer. FedNow Set to Launch Next Year The Federal Reserve is getting ready to...
According to the French politician currently serving as the president of the European Central Bank (ECB), Christine Lagarde, Europe’s scorching hot inflation can be blamed on climate change. During her…
Following Jerome Powell’s hawkish commentary at the annual Jackson Hole Economic Symposium, major stock indexes, cryptocurrencies, and precious metals slid significantly in value. Over $240 billion was erased from the…
On Friday, Jerome Powell spoke at the annual Jackson Hole Economic Symposium and the Federal Reserve chair explained that the U.S. central bank is focused on fighting the country’s red-hot…