Uncertainty Surrounds Federal Reserve’s Future Plans for Rate Hikes

Uncertainty Surrounds Federal Reserve's Future Plans for Rate HikesThe U.S. Federal Reserve has raised the benchmark bank rate seven times during the course of 2022, leading many to question when the central bank will cease or change course. The Fed has stated that it aims to bring inflation down to the 2% target, and the increases to the federal funds rate are intended […]

Go to Source

Powered by WPeMatico

Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious Metal

Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious MetalGold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% against the U.S. dollar. Over the past 65 days, gold has soared 14.55% while silver has skyrocketed 22.31% against the greenback since Nov. 3, 2022. According to the head of metals strategy […]

Go to Source

Powered by WPeMatico

Crowdfunding Platform Kickstarter Will Shift to Blockchain-Based Model

Kickstarter, one of the leading crowdfunding platforms on the market, has decided to abandon its current business model and migrate to a blockchain-based platform. This will be built by an independent organization funded initially by Kickstarter to work on the protocol. The new platform will be built on top of the Celo blockchain. Kick-Starting a […]

Go to Source

Powered by WPeMatico

Chinese Miners Pivot to Alternative Currencies to Keep Operating

chineseThe Chinese mining crackdown forced many miners to stop their operations and relocate. But another group of miners is planning to pivot to new, more efficient mining schemes to keep operating in the country. Lesser-known tokens and proof-of-stake-based systems are now in the sights of these miners as ways to continue their work away from […]

Go to Source

Powered by WPeMatico