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Hodlers catch their breath as markets digest the prospect of higher Fed rate hikes, but traders refuse to believe that Bitcoin is done dropping. Go to Source Powered by WPeMatico
ETH’s latest plunge could bring more pain despite expectations that $1,200 should hold. Go to Source Powered by WPeMatico
The U.S. Federal Reserve is expected to raise the federal funds rate during its next meeting on Wednesday and JPMorgan economist Michael Feroli believes that rising inflation will push the Fed to increase the rate by 75 basis points (bps). Last week, CME Group data indicated the market priced in a 95% chance that the … Read more
Ether’s price rebounded by nearly 400% after its RSI turned oversold the last time. Will this time be different? Go to Source Powered by WPeMatico
Interestingly, an AXS technical setup also predicts a 2,500% price rally despite the token facing major headwinds ahead. Go to Source Powered by WPeMatico
After April’s consumer price index (CPI) report was published, a number of American economists and bureaucrats said that inflation had peaked and it was possible that inflation would subside. However, statistics from the U.S. Labor Department indicate the CPI increased 8.6% from a year earlier, as the month of May’s inflation data reached another lifetime … Read more
Like a Rorschach ink blot, the Federal Reserve Board’s CBDC discussion paper provided stakeholders with an opportunity to find what they wanted to see in it. Go to Source Powered by WPeMatico
Custodia wants to compel the Federal Reserve Board and its Kansas City branch to approve its application for a Fed master account within 30 days. Go to Source Powered by WPeMatico
Solana’s nearly 80% year-to-date decline is likely to follow up with some relief rallies, technicals suggest. Go to Source Powered by WPeMatico
Downside risks for BNB also come from a recent Reuter exposé that claims Binance laundered “at least $2.35 billion in illicit funds.” Go to Source Powered by WPeMatico