Cryptocurrency Market

  • Market Cap: $1,701,659,680,776.58
  • 24h Vol: $44,684,671,636.10
  • BTC Dominance: 48.54%

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a-million-dollar-bitcoin-bet,-financial-crisis-warnings-abound,-and-ordinal-inscriptions-surpass-500,000-—-week-in-review

A Million-Dollar Bitcoin Bet, Financial Crisis Warnings Abound, and Ordinal Inscriptions Surpass 500,000 — Week in Review

Venture capitalist Balaji Srinivasan says hyperinflation is happening now, and is making million-dollar bets that the price of bitcoin will reach $1M in 90 days. In related news, myriad voices from the world of finance are sounding off about inflation, recession, and a brewing economic crisis. In spite of the economic turmoil, however, Federal Reserve […]

A Million-Dollar Bitcoin Bet, Financial Crisis Warnings Abound, and Ordinal Inscriptions Surpass 500,000 — Week in Review Read More »

federal-reserve-hikes-rate-by-25bps-to-keep-inflation-at-bay,-aims-for-2%-inflation-rate-by-2025

Federal Reserve Hikes Rate by 25bps to Keep Inflation at Bay, Aims for 2% Inflation Rate by 2025

Following the fallout over the past two weeks in the U.S. banking industry, the Federal Reserve raised the federal funds rate by 25 basis points (bps) on Wednesday, citing the need for the inflation rate to return to 2% over the long run. Fed Raises Rate Despite Calamity in the U.S. Banking Sector It’s been

Federal Reserve Hikes Rate by 25bps to Keep Inflation at Bay, Aims for 2% Inflation Rate by 2025 Read More »

moody’s-downgrades-us-banking-sector-to-negative-after-collapse-of-three-major-banks

Moody’s Downgrades US Banking Sector to Negative After Collapse of Three Major Banks

After the failure of three major U.S. banks last week, with two of them being the second and third largest banking failures in the country, Moody’s Investors Service has downgraded the rating of the U.S. banking system from “stable” to “negative.” As one of the “Big Three” credit rating firms, Moody’s cited a “rapid deterioration

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us-inflation-remains-higher-than-expected,-raising-concerns-among-investors

US Inflation Remains Higher Than Expected, Raising Concerns Among Investors

U.S. inflation levels dropped slightly in January, sliding from 6.5% to 6.4%. However, inflation remains higher than expected, causing concern among investors that the U.S. central bank will continue to hike the benchmark federal funds rate. Inflation in the US Remains High, Causing Uncertainty in Markets Inflation in the United States exceeded expectations among analysts

US Inflation Remains Higher Than Expected, Raising Concerns Among Investors Read More »

market-strategist-warns-of-‘blood’-on-february-1-ahead-of-fed-meeting

Market Strategist Warns of ‘Blood’ on February 1 Ahead of Fed Meeting

Stocks, precious metals, and cryptocurrencies rallied during the first month of the year, and market strategists are saying that markets could retract in the near future if the U.S. Federal Reserve keeps hiking rates and maintaining a broader tightening policy. In three days, on Feb. 1, 2023, the Federal Open Market Committee (FOMC) is set

Market Strategist Warns of ‘Blood’ on February 1 Ahead of Fed Meeting Read More »

uncertainty-surrounds-federal-reserve’s-future-plans-for-rate-hikes

Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes

The U.S. Federal Reserve has raised the benchmark bank rate seven times during the course of 2022, leading many to question when the central bank will cease or change course. The Fed has stated that it aims to bring inflation down to the 2% target, and the increases to the federal funds rate are intended

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