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Tag: inflation

Bitcoin Struggles to Keep $24,000

After a jump above $24,000, bitcoin has not quite kept up with Nasdaq today which rose a further 2%. The crypto briefly rose above $24,200...

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The Dollar Strength Index Nears a Yearly Low

The dollar strength index (DXY) is close to falling below 100 for the first time since April as the euro gains, rising from below...

Bank of England Projects Inflation Dive as it Hikes by 0.5%

Disinflation is on. That’s according to projections by the Bank of England (BoE) which said “we expect inflation to fall quickly this year.” A quick...

Euro drifting ahead of ECB meeting

The euro is showing limited movement on Thursday, ahead of the ECB rate meeting. In the European session, EUR/USD is trading at 1.1000. Euro...

Fed and earnings lift stocks

Equity markets are off to a strong start on Thursday, buoyed it seems by the Fed’s latest decision and Meta earnings. While Powell was...

Aussie hits 8-month high after Fed meet

After a sluggish start to the week, AUD/USD bounced back on Wednesday with gains of 1.18%. The pair has edged lower on Thursday...

SEC Flags Crypto Cloud Mining Investment Scheme BitPrime

Share some Bitpinas love:Subscribe to our newsletter!The Securities and Exchange Commission (SEC) has issued an advisory against individuals claiming to represent “BITPRIME / BITPRIME...

Markets: Bitcoin breaks US$24,000 ceiling after Fed says ‘disinflationary process’ started in U.S. economy

Bitcoin rose above US$24,000 for the first time since mid-August in Thursday morning trading in Asia before sliding back slightly. It gained along with...

Crypto market cap jumps $40B as Fed chair Powell hints at ‘disinflation’

The total crypto market cap jumped nearly 4% following a speech from United States Federal Reserve Chair Jerome Powell in which he suggested the...

Bitcoin ($BTC) Had Its Best January in a decade After Rising Nearly 40%, Data Shows

The price of the flagship cryptocurrency Bitcoin ($BTC) had its best month of January in a decade this January, as it moved up around...

FED To Put Off Interest Rate Hikes, Bitcoin Rallies: Here’s Why

Bitcoin is shaking off sellers of January 30, price action on late February 1 shows. The FED Raises Interest Rates The spark in BTC demand is...

US Close- Fed signals more hikes coming, Powell says disinflation process begun, ADP cools, No surprise from OPEC/US stockpiles rise, Gold higher, Crypto

US stocks went on a Fed rollercoaster ride; weakening after the statement suggested the Fed will stick to their rate hiking guns, but...

Federal Reserve Raises Benchmark Interest Rate by 0.25%, Disinflationary Process ‘Early,’ Says Powell 

The U.S. Federal Reserve raised its benchmark federal funds rate by 0.25% on Wednesday after markets priced in near 100% certainty the Federal...

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