Auto Added by WPeMatico

$100K BTC Predictions, Peter Schiff on Recession and Bitcoin, Bill Gates Slams NFTs — Bitcoin.com News Week in Review

It’s been a week of polarizing opinion in crypto news. Whether it’s cryptocurrency fund managers predicting $100K bitcoin by the end of the year, Peter Schiff saying things “will only…

Continue Reading$100K BTC Predictions, Peter Schiff on Recession and Bitcoin, Bill Gates Slams NFTs — Bitcoin.com News Week in Review

Bitcoin, Ethereum Technical Analysis: BTC Moves Away From $20,000 Following Historic Fed Rate Hike

Bitcoin moved away from its recent low of $20,000 on Thursday, following a historic rate hike from the Federal Reserve. As inflation in the United States rose to a 44-year…

Continue ReadingBitcoin, Ethereum Technical Analysis: BTC Moves Away From $20,000 Following Historic Fed Rate Hike

US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994

The U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) on Wednesday, and it was the largest increase since 1994. According to the Fed member’s expectations,…

Continue ReadingUS Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994

JPMorgan Economist Expects the Fed to Hike Benchmark Rate by 75 bps as Global Markets Bleed

The U.S. Federal Reserve is expected to raise the federal funds rate during its next meeting on Wednesday and JPMorgan economist Michael Feroli believes that rising inflation will push the…

Continue ReadingJPMorgan Economist Expects the Fed to Hike Benchmark Rate by 75 bps as Global Markets Bleed

US Central Bank Raises Rates by Half a Percentage Point, Fed’s Powell Says Similar Hikes Are on the Table

The U.S. Federal Reserve raised the benchmark interest rate on Wednesday and the increase was the biggest rate hike in two decades. “Inflation is much too high,” the central bank’s…

Continue ReadingUS Central Bank Raises Rates by Half a Percentage Point, Fed’s Powell Says Similar Hikes Are on the Table