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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.
The U.S. Federal Reserve raised the federal funds rate on Wednesday afternoon by three-quarters of a percentage point. The central bank’s move follows the consumer price index (CPI) report last…
Polls suggest that the Fed is likely to raise rates by 75 basis points as Bitcoin price clings to $19,000.
Bitcoin price dropped to $18,270, but derivatives traders didn’t flinch. Here is why.
Months before Ethereum transitioned from proof-of-work (PoW) to proof-of-stake (PoS), a simulation of The Merge had shown the network’s issuance rate would drop following the ruleset change. Statistics now show…
Argentine inflation numbers were revealed last week, with the interannual Consumer Price Index (CPI) registering record levels reaching 78.5%. This puts the country second only to Venezuela in Latam in…
On-chain and technical indicators also hint at more pain for Bitcoin and Ethereum for the remainder of 2022.
The Fed prepares an inflation move that could act as a "sledgehammer" for crypto and risk assets.
Bitcoin derivatives data also shows sentiment shifting in favor of a massive crash below $20,000, the current psychological support.
Canadian Prime Minister Justin Trudeau has criticized the new leader of the Conservative Party of Canada for his supposedly irresponsible crypto advice, as Rich Dad Poor Dad author Robert Kiyosaki…