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Minutes from the U.S. Federal Reserve’s policy meeting on December 14-15 show that the central bank is being persistent about unwinding quantitive easing (QE) tactics and that it views ultra-low interest rates as no longer necessary. Global markets immediately dropped after the news was published as stock markets roiled, crypto markets shed billions, and precious … Read more
The FOMC minutes on Wednesday revealed that policymakers intend to step up their fight against inflation in 2022. Go to Source Powered by WPeMatico
Bids for the blockchain company’s shares rose after announcing first-ever Bitcoin dividends on Nasdaq. Go to Source Powered by WPeMatico
Ethereum lost roughly 13.50% versus Bitcoin’s 9% decline in the past 24 hours. Go to Source Powered by WPeMatico
Bitcoin price slipped below $44,000 shortly after notes from the Federal Reserve’s December FOMC session re-confirmed plans to get the balance sheet under control. Go to Source Powered by WPeMatico
The U.S. president has not officially announced his nominations to fill the vacancies at the Federal Reserve, but two of his picks for CFTC commissioners as well as his choices to lead the Fed are moving to the Senate for confirmation. Go to Source Powered by WPeMatico
The co-founder and managing partner of Nexo, a major cryptocurrency lender, has predicted that the price of bitcoin will be $100K by mid-2022. He highlighted “two simple reasons” why he is bullish about the price of bitcoin this year. Bitcoin Expected to Reach $100K by Mid-Year Antoni Trenchev, the co-founder and managing partner of Nexo, … Read more
A mix of technical, macroeconomic, and on-chain indicators point toward a price rally in the Ethereum market this quarter. Go to Source Powered by WPeMatico
Could Bitcoin be any less interesting for the average hodler? The remarkable split between BTC price action and network fundamentals continues into 2022. Go to Source Powered by WPeMatico
A finance professor at the Wharton School of the University of Pennsylvania has warned about inflation and the Fed hiking rates many more times than the market expects. He also said that bitcoin has become the new gold for the millennials. Finance Professor on Bitcoin and Inflation Wharton’s finance professor Jeremy Siegel shared his outlook … Read more