Don’t get excited about Fed ‘dovishness’ — another rate hike is in the cards
Contrary to Jerome Powell’s intimations, inflation is likely to rise in the months ahead. If the Fed does not hike rates in 2024, the problem will get worse. Go to Source
Federal Reserve
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Why is Cardano (ADA) price up this week?
ADA price had gained nearly 80% in a month and data suggests the rally could continue. Go to Source
Federal Reserve 2024 rate cut could prove perfect catalyst for BTC halving
An increase in the Fed rate is considered bearish for the crypto market as it constrains the flow of funds into the market, while a rate cut is seen as bullish as it boosts risk appetite among investors. Go to Source
Bitcoin price hits $39K as Powell stirs bets Fed rate hikes are over
Bitcoin reaches levels not seen since May 2022 amid an excited market reaction to the latest Fed inflation commentary. Go to Source
70% of BTC dormant for a year — 5 things to know in Bitcoin this week
Bitcoin faces a slow grind after earlier brisk BTC price gains, but the ingredients for a sustained rally are there, market data suggests. Go to Source
Can blockchain solutions disrupt US inflation forecasting?
New blockchain-based apps like Truflation could be a “healthy development,” given that gauging inflation is more art than science. Go to Source
Fed, BOE officials share continuing interest in CBDCs, stablecoin regulation
Sir Jon Cunliffe looks at payment solutions of the past and future in his last speech as deputy governor of the BOE. Go to Source
MicroStrategy’s Bitcoin stash is back in profit with BTC price above $30K
The Michael Saylor-led software firm has made $132 million in unrealized profits from its Bitcoin bet. Go to Source
Bitcoin eyes $30K, XRP price jumps 6% after Ripple’s legal victory
Bitcoin keeps heading higher as BTC price strength flies in the face of a hawkish Fed, but concerns over a retracement are building. Go to Source
BTC price climbs to $28.6K as Bitcoin awaits ‘very dovish’ Fed Powell speech
Bitcoin may witness a “very dovish” move from Powell as high U.S. bond yields cause a stir, while BTC price passes $28,600. Go to Source