Auto Added by WPeMatico

Amid the Hottest US Inflation in 40 Years, Biden Administration Blames Rising Prices on Shipping Industry

During the last few months, inflation has risen significantly in the United States as it has climbed at its fastest pace since 1982. Data shows younger families with children have…

Continue ReadingAmid the Hottest US Inflation in 40 Years, Biden Administration Blames Rising Prices on Shipping Industry

Bitcoin ‘whales’ and ‘fishes’ pause accumulation as markets weigh March 50bps hike odds

If Bitcoin benefited from quantitative easing, will it be hurt by quantitative tightening?

Continue ReadingBitcoin ‘whales’ and ‘fishes’ pause accumulation as markets weigh March 50bps hike odds

Can Ethereum price reach $4K after a triple-support bounce?

A combination of multiple support levels, including a 21-month EMA, helped ETH price to rebound by nearly 30% from its local bottom.

Continue ReadingCan Ethereum price reach $4K after a triple-support bounce?

Global Markets, Bitcoin Defy Expectations After Fed’s Hawkish Taper Plan Announcement

Global markets have defied predictions as the U.S. Federal Reserve and several central banks worldwide are prepping to slow down monetary easing policy. On Wednesday, the U.S. central bank’s Federal…

Continue ReadingGlobal Markets, Bitcoin Defy Expectations After Fed’s Hawkish Taper Plan Announcement

Huobi Research Report ‘Taper Landed’ Paints Bleak Picture for Cryptocurrency Assets

A report issued by the Huobi Research Institute, the investigative arm of the Asian exchange, examines the effect that upcoming changes of U.S. Federal Reserve policy could have on the…

Continue ReadingHuobi Research Report ‘Taper Landed’ Paints Bleak Picture for Cryptocurrency Assets

Bitcoin, stocks and commodities correct after Fed chair mentions policy change

BTC, stocks and commodities took a hit after the Federal Reserve acknowledged that inflation is more than just a “transitory” problem and hinted that tapering could occur sooner than expected.

Continue ReadingBitcoin, stocks and commodities correct after Fed chair mentions policy change

Bitcoin price dips under $60K as Dollar Strength Index reaches 16-month highs

The greenback regained strength in hopes that stronger inflation data in the U.S. would revive a tighter monetary policy and after better-than-expected retail sales growth.

Continue ReadingBitcoin price dips under $60K as Dollar Strength Index reaches 16-month highs