Will ETH price crash to $750? Ethereum daily active addresses plunge to 4-month lows
The drop in Ethereum’s daily active addresses comes as ETH price flatlines, raising fears about a potential drop ahead. Go to Source Powered by WPeMatico
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Investor Richard Mills Says Economy Is Rushing Into a ‘US Dollar Crisis of Epic Proportions’
While the U.S. dollar has been extremely robust in recent times, compared to a myriad of fiat currencies worldwide, a number of analysts and economists think the greenback will eventually falter in an inconceivable manner. The owner of aheadoftheherd.com, Richard Mills, published a comprehensive research post on Wednesday called “Walking Dead U.S. Dollar,” warning that … Read more
Cardano price chart paints ‘Burj Khalifa’ with 7-month losing streak — More losses ahead?
On-chain Cardano metrics show a decline in transactional activities on the network. Go to Source Powered by WPeMatico
Post-midterm elections dump? Bitcoin will see $12K if this 2018 BTC chart fractal is correct
Bitcoin accumulation during the 2022 bear market looks stronger than in 2018 but macro headwinds could spoil the party this time around. Go to Source Powered by WPeMatico
Bitcoin trader predicts $18K return within days as stocks wilt post-CPI
The fun could be over at $20,000, analysis warns as U.S. equities feel the burn and the dollar makes up for lost time. Go to Source Powered by WPeMatico
Latest CPI Data Shows Red-Hot Inflation Continues to Thrive in the US, Consumer Prices Jumped 8.2% in September
The latest inflation data from the United States indicates that consumer prices have kept climbing despite expectations of a slowdown. The Consumer Price Index (CPI) summary published on Thursday shows an 8.2% rise in the year through September, and the core index rating saw the fastest yearly increase since 1982. September’s CPI Data Was Worse … Read more
Many crypto asset activities pose ‘novel risks’ to banks, says Fed vice chair for supervision
Michael Barr suggested financial institutions engage with U.S. regulators to ensure “safe, sound, and legally permissible” activities around use cases of innovative technologies. Go to Source Powered by WPeMatico
Custodia Bank founder Caitlin Long has some strong words about the Fed and BNY Mellon
The head of the Wyoming-based bank was taken aback when BNY Mellon was approved to provide crypto custody services; her bank’s master account application is still not processed. Go to Source Powered by WPeMatico
US Acting Comptroller urges not to rush with the crypto regulation
Michael J. Hsu called for tighter interagency efforts and highlighted the three most dangerous areas of the new industry. Go to Source Powered by WPeMatico
Ark Invest CEO Warns Rate Hikes Could Fuel a ‘Deflationary Bust’ in Open Letter to the Fed
Following the United Nations Conference on Trade and Development (UNCTAD) report that the U.S. Federal Reserve should stop raising rates, Ark Invest CEO Catherine Wood has published an open letter to the U.S. central bank asking the institution to stop raising interest rates. Wood says that the “unprecedented 13-fold increase in interest rates” has not … Read more