Fed rate hike – DIGIT INFO

The Fed Will Keep Focusing on Crypto — Fed Governor Says ‘We Do Not Want to Hinder Innovation’

DIGIT — Thu, 12 Jan 2023 03:00:14 +0000

Federal Reserve Governor Michelle Bowman says while “cryptocurrency activities can pose significant risks,” the Fed does not want to “hinder innovation.” She added: “By inhibiting innovation, we could be pushing growth in this space into the non-bank sector, leading to much less transparency and potential financial stability risk.” Fed Governor on Crypto, US Economy, and […]

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Silver Rallies 7% Rising Past $20 per Ounce, US Mint Says Fabricators Are ‘Struggling to Keep up With Demand’

DIGIT — Sat, 05 Nov 2022 15:30:33 +0000

On Friday, as the global cryptocurrency market cap jumped 5.4% higher against the greenback, U.S. stocks rallied toward the end of the day with the top four major stock indexes gathering gains. Precious metals also soared as the New York spot price of gold per troy ounce increased by 3.20%, and silver’s price value skyrocketed […]

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Bitcoin Price Outlook for October — Strong Dollar and Fed Rate Hike Gives Bears the Advantage

DIGIT — Mon, 10 Oct 2022 20:30:06 +0000

Ten days into October, and ahead of this Wednesday’s U.S. inflation report, bitcoin prices fell to a one-week low. Prices of the world’s leading crypto asset were mostly in the red during September, trading below $20,000 for the majority of the month. As of writing, bitcoin continues to hover at these lows, with many traders […]

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Crypto, Stocks, PMs Sink Lower — All Eyes on the Fed’s Next Rate Hike as Ethereum’s Merge Hype Wavers

DIGIT — Thu, 15 Sep 2022 17:30:36 +0000

The crypto economy has slipped under the $1 trillion range once again after briefly rising to a high of $1.16 trillion on September 14. Signs show that Ethereum’s Merge hype has seemingly left the building and market participants are now waiting for the upcoming Federal Reserve meeting next week. Presently, the crypto economy is down […]

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Bitcoin slides below $44K in April first as trader warns ‘something is off’ with BTC

DIGIT — Wed, 06 Apr 2022 14:49:40 +0000

All is not going to plan for bulls, warnings say, as $44,000 support hangs in the balance.

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Bitcoin maintains $40K support as Fed confirms rate hike in 4 years

DIGIT — Thu, 17 Mar 2022 08:53:02 +0000

The Ukraine war is high on the Fed’s list of concerns, according to a statement released with the 0.25% rate hike.

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Poll Suggests ECB May Wait Until Q4 to Raise Rates, Several Banks Expect a Series of Fed Rate Hikes This Year

DIGIT — Mon, 07 Mar 2022 19:00:10 +0000

A recently published Reuters poll suggests the European Central Bank (ECB) may wait until the last quarter of the year (Q4) to raise its first interest rate in over ten years. The poll’s author details that after the conflict in Ukraine, “fewer economists” predict the ECB will raise the benchmark bank rate earlier. Moreover, a […]

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