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The U.S. central bank is expected to raise its target fed funds rate on Wednesday for the first time since the onset of the pandemic. Analysts and economists are hyper-focused on this key event, as the Russia-Ukraine conflict continues in Europe. If the Federal Reserve decides to increase the rate by a quarter percentage point … Read more
Several technical and on-chain indicators are flashing bullish despite the BTC price pullback below $40,000. Go to Source Powered by WPeMatico
A finance professor at the Wharton School of the University of Pennsylvania has warned of “bitcoin taking over.” He added that the Fed “has been terribly wrong over the last year” about inflation and must now act to defend the U.S. dollar. Finance Professor Urges the Fed to Take Action to Defend the U.S. Dollar … Read more
ANC price risks becoming overheated, however, after a major rally. Go to Source Powered by WPeMatico
The statement appears as Jerome Powell keeps the door open for a 0.5% rate hike in the summer and Fitch Ratings warn about a major slash in the U.S. gross domestic product (GDP). Go to Source Powered by WPeMatico
BTC price appears to be consolidating below $44,000, while analysts highlight $48,000 as the next short-term bull target. Go to Source Powered by WPeMatico
The gains accompanied a sharp overnight spike in the number of Bitcoin whale addresses. Go to Source Powered by WPeMatico
BTC and stock markets recovered some of their recent losses, leading traders to suggest that the panic selling could be “over for a few days.” Go to Source Powered by WPeMatico
A recent report from Pantera Capital said moves in the debt market and the Fed’s shifting monetary policy could be the fodder that fuels Bitcoin’s next monster rally. Go to Source Powered by WPeMatico
Bitcoin’s growth has quickly outpaced Nasdaq’s in the past ten years. Go to Source Powered by WPeMatico
