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Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’

The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and he further explained that the U.S. central bank is willing…

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Price of Gold Spikes Over $2,060 per Ounce While Risk Assets Continue to Capitulate

On Tuesday, the price of gold soared to new heights as an ounce of the precious metal surpassed $2K per ounce during the early morning trading sessions (EST). Hours later,…

Continue ReadingPrice of Gold Spikes Over $2,060 per Ounce While Risk Assets Continue to Capitulate

Geopolitical Risk and Ukraine Worries Shake Equities, Cryptocurrencies — Gold Soars Higher

On Wednesday, global markets have been volatile as Ukraine officials declared a state of emergency amid fears of a Russian invasion. Wall Street’s top indexes shuddered during the day’s trading…

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83% of Millennial Millionaires Own Cryptocurrencies, 48% Want to Buy More in 2022: CNBC Survey

The preference towards the use of cryptocurrencies as an investment and store of value continues to maintain a generational gap, with Millennials at the forefront in the use of decentralized…

Continue Reading83% of Millennial Millionaires Own Cryptocurrencies, 48% Want to Buy More in 2022: CNBC Survey

Crypto Market Down $200B as Wall Street Futures Tumble on Renewed COVID-19 Concerns

The new COVID-19 variant coming from South Africa has brought more pain to all financial markets. As the futures contracts of the world’s most prominent stock indexes have slumped, the…

Continue ReadingCrypto Market Down $200B as Wall Street Futures Tumble on Renewed COVID-19 Concerns