According to recent reports close to central bank officials, the U.S. Federal Reserve will likely deliver another interest rate hike by roughly 75 basis points (bps) next month. Moreover, markets are predicting another rise by three-quarters of a point, and CME’s Fedwatch Tool indicates there’s a near-certain (98%) chance the central bank will choose a […]

The outflows of ETH from exchanges are reaching new highs as the price of the second-biggest cryptocurrency surges so let’s take a closer look at today’s latest Ethereum news. The large outflows of ETH from exchanges are considered a sign that the traders are not looking to sell which could be quite bullish for ethereum. […]

Jonny Hart looks back on the week’s business and markets news with OANDA Senior Market Analyst Ed Moya in New York.  This week they discuss how financial markets reacted to the Fed’s first rate hike since 2018, China’s COVID situation, and oil markets. They also discuss what the week ahead has in store for financial markets. […]

Capital control limiting outflows may be less of an issue in the future with e-CNY being a ‘controllable currency,’ experts say.

The post Bitcoin HODLers, This is When BTC Price Will Hit 7-Digit Target! Buy The Dip Now ! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Bitcoin is still consolidating around the $38K-$42K zone, with bulls attempting to push the price higher following the FED’s announcement of a 0.5 percent interest rate hike. Bitcoin’s price began to rise again above the $40,000 resistance level, testing $41,450. It is currently reversing gains near $41,000, but it might possibly continue to increase towards …

Bitcoin dropped 8% to $38,000, erasing much of its recent rally.  The latest sell-off was triggered by data showing strength in the U.S. jobs market, which furthers the case for a Federal Reserve rate hike this month. Traders were now looking at $35,000 as the next support level. A breach would put Bitcoin exactly where

The post Bitcoin Price Slumps After U.S. Jobs Data, Is $35k The Next Support? appeared first on CoinGape.

Finance professor Jeremy Siegel warns that Bitcoin could ‘take over’ if the dollar continues to lose value. 

Mr. Powell reiterated that the US Federal Reserve is preparing to increase interest rates this month, despite the uncertainty of Ukraine crisis remain. (Read More)